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
₽8743
-₽4154
₽8070
₽6369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
4 217
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.

-
-
-
231
trade
-
-
-
673
total
-
-
-
11 619
Employee

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

36 381
-
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.

56
-
231
-
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.

1 016
-
4 217
-
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.

6 498
-
6 498
-
total
7 570
-
10 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 119
48 500
-
-
chamber of commerce
162
215
-
-
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.

99
401
-
-
trade
1 908
7 639
-
-
income
1 818
7 274
-
-
total
3 987
15 529
-
-
Dividends
8 131
32 971
-
-
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.

92
433
-
-
withholding
1 671
7 881
-
-
total
1 763
8 314
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 320
23 843
10 946
11 619
After tax
35 180
24 657
37 554
36 881
Living cost
28 811
28 811
28 811
28 811
Free-cash
6 369
-4 154
8 743
8 070

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
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.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18821
-₽19816
-₽19201
-₽36179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
521
pensions
-
-
-
5 820
national
-
-
-
6 856
municipal
-
-
-
4 424
total
-
-
-
17 621
Employee
77 633
-
41 928
-
municipal
9 589
-
4 612
-
national
14 859
-
7 147
-
pensions
3 105
-
1 677
-
total
27 553
-
13 436
-
Employer
77 633
-
41 928
-
pensions
6 211
-
3 354
-
social contributions
835
-
451
-
total
7 046
-
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
34 599
18 236
17 241
17 621
After tax
13 901
30 264
31 259
30 879
Living cost
50 080
50 080
50 080
50 080
Free-cash
-36 179
-19 816
-18 821
-19 201

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8039
₽19011
₽18442
₽11209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 995
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
7 274
total
-
-
-
10 269
Employee
27 794
-
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.

3 058
-
4 300
-
income
4 948
-
6 957
-
total
8 006
-
11 257
-
Employer
27 794
-
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.

6 695
-
9 415
-
total
6 695
-
9 415
-
Corporate
14 011
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%.

2 801
9 700
-
-
total
2 801
9 700
-
-
Dividends

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

11 209
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 502
9 700
20 672
10 269
After tax
30 998
38 800
27 828
38 231
Living cost
19 789
19 789
19 789
19 789
Free-cash
11 209
19 011
8 039
18 442

Estimated living cost  is ₽19789 per week

₽12625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45955
-₽40616
-₽12059
-₽45955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 446
income
-
-
-
4 535
pensions
-
-
-
8 731
total
-
-
-
20 712
Employee
81 228
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
14 621
11 145
14 621
-
health
12 468
10 605
12 468
-
total
40 385
35 046
40 385
-
Employer
81 228
81 228
81 228
-
unemployment
2 924
2 924
2 924
-
health
5 646
5 646
5 646
-
pensions
5 653
5 653
5 653
-
total
14 223
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
54 608
49 269
54 608
20 712
After tax
-6 108
-769
-6 108
27 788
Living cost
39 847
39 847
39 847
39 847
Free-cash
-45 955
-40 616
-45 955
-12 059

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13232
-₽12651
-₽14956
-₽24778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 636
health
-
-
-
3 026
accident
-
-
-
97
pensions
-
-
-
5 243
national
-
-
-
-
unemployment
-
-
-
49
municipal
-
-
-
10 273
total
-
-
-
24 324
Employee
55 759
-
36 905
-
municipal
16 627
-
11 005
-
national
-
-
-
-
total
16 627
-
11 005
-
Employer
55 759
-
36 905
-
other
6 479
-
4 288
-
unemployment
1 472
-
974
-
health
3 429
-
2 270
-
accident
112
-
74
-
pensions
6 027
-
3 989
-
total
17 519
-
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
34 146
22 019
22 600
24 324
After tax
14 354
26 481
25 900
24 176
Living cost
39 132
39 132
39 132
39 132
Free-cash
-24 778
-12 651
-13 232
-14 956

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187
-₽12959
-₽517
₽35
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
4 217
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.

-
-
-
231
trade
-
-
-
704
total
-
-
-
11 650
Employee

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

48 237
-
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.

227
-
231
-
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.

4 144
-
4 217
-
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.

6 498
-
6 498
-
total
10 869
-
10 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
263
48 500
-
-
chamber of commerce
144
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.

2
401
-
-
trade
43
7 978
-
-
income
40
7 274
-
-
total
229
15 866
-
-
Dividends
34
32 633
-
-
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
-
-
withholding
-
7 796
-
-
total
-
8 226
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 098
24 092
10 946
11 650
After tax
37 402
24 408
37 554
36 850
Living cost
37 367
37 367
37 367
37 367
Free-cash
35
-12 959
187
-517

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
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.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1132
-₽3861
₽7946
₽973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 567
health
-
-
-
1 236
income
-
-
-
899
total
-
-
-
9 702
Employee
73 142
73 142
73 142
-
social contributions
3 554
6 070
3 655
-
income
7 681
6 771
7 643
-
health
727
1 244
749
-
total
11 962
14 085
12 047
-
Employer
73 142
73 142
73 142
-
health
792
1 354
814
-
social contributions
3 554
6 070
3 655
-
total
4 346
7 424
4 469
-
Corporate
1 339
-
-
-
income
168
-
-
-
total
168
-
-
-
Dividends
1 171
-
-
-
withholding
199
-
-
-
total
199
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 675
21 509
16 516
9 702
After tax
31 825
26 991
31 984
38 798
Living cost
30 852
30 852
30 852
30 852
Free-cash
973
-3 861
1 132
7 946

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10677
₽10058
₽16160
₽10423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 395
income
-
-
-
5 929
pensions
-
-
-
4 850
unemployment
-
-
-
728
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.

25 172
10 018
40 586
-
income
3 077
1 225
4 962
-
pensions
2 517
1 002
4 059
-
health
1 762
701
2 841
-
unemployment
378
150
609
-
total
7 734
3 078
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.

25 172
10 018
40 586
-
pensions
4 908
1 954
7 914
-
total
4 908
1 954
7 914
-
Corporate
18 420
36 529
-
-
income
1 658
3 288
-
-
total
1 658
3 288
-
-
Dividends
16 762
33 241
-
-
social contributions
3 154
6 368
-
-
withholding
3 185
6 316
-
-
total
6 339
12 684
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 639
21 004
20 385
14 902
After tax
27 861
27 496
28 115
33 598
Living cost
17 438
17 438
17 438
17 438
Free-cash
10 423
10 058
10 677
16 160

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6153
₽15825
₽4464
₽9917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 305
income
-
-
-
5 056
pensions
-
-
-
9 700
total
-
-
-
21 061
Employee
26 984
-
36 247
-
income
3 038
-
5 816
-
pensions
540
-
726
-
unemployment
431
-
579
-
total
4 009
-
7 121
-
Employer
26 984
-
36 247
-
unemployment
217
-
291
-
health
3 507
-
4 711
-
pensions
5 397
-
7 249
-
total
9 121
-
12 251
-
Corporate
12 395
48 500
-
-
income
2 478
9 700
-
-
total
2 478
9 700
-
-
Dividends
9 917
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
15 608
9 700
19 372
21 061
After tax
32 892
38 800
29 128
27 439
Living cost
22 975
22 975
22 975
22 975
Free-cash
9 917
15 825
6 153
4 464

Estimated living cost  is ₽22975 per week

₽15758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4647
-₽17037
₽12619
₽711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
8 278
pensions
-
-
-
3 965
total
-
-
-
14 915
Employee
32 980
-
40 289
-
income
4 525
-
5 527
-
pensions
3 714
-
4 536
-
health
3 776
-
4 613
-
total
12 015
-
14 676
-
Employer
32 980
-
40 289
-
unemployment
808
-
987
-
accident
551
-
673
-
pensions
5 363
-
6 551
-
total
6 722
-
8 211
-
Corporate
8 799
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.

7 919
43 650
-
-
total
7 919
43 650
-
-
Dividends
880
4 850
-
-
withholding
167
921
-
-
total
167
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 823
44 571
22 887
14 915
After tax
21 677
3 929
25 613
33 585
Living cost
20 966
20 966
20 966
20 966
Free-cash
711
-17 037
4 647
12 619

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30864
₽38139
₽40079
₽36651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 920
-
48 500
-
income
1 984
-
9 700
-
total
1 984
-
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%.

38 580
48 500
-
-
total
-
-
-
-
Dividends
38 580
48 500
-
-
withholding
1 929
2 425
-
-
total
1 929
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
3 913
2 425
9 700
485
After tax
44 587
46 075
38 800
48 015
Living cost
7 936
7 936
7 936
7 936
Free-cash
36 651
38 139
30 864
40 079

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3084
₽10289
₽918
₽3863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 303
health
-
-
-
2 134
income
-
-
-
6 161
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.

-
-
-
11 639
total
-
-
-
22 237
Employee
34 537
-
38 736
-
income
5 946
-
6 668
-
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.

2 417
-
2 711
-
health
484
-
542
-
unemployment
345
-
388
-
total
9 192
-
10 309
-
Employer
34 537
-
38 736
-
other
1 727
-
1 937
-
unemployment
345
-
388
-
health
484
-
542
-
accident
276
-
310
-
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.

5 872
-
6 585
-
total
8 704
-
9 762
-
Corporate
5 259
48 500
-
-
income
1 105
10 184
-
-
total
1 105
10 184
-
-
Dividends
4 154
38 316
-
-
withholding
291
2 682
-
-
total
291
2 682
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 292
12 866
20 071
22 237
After tax
29 208
35 634
28 429
26 263
Living cost
25 345
25 345
25 345
25 345
Free-cash
3 863
10 289
3 084
918

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31408
-₽26924
-₽26693
-₽53277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 144
pensions
-
-
-
2 785
total
-
-
-
11 929
Employee
89 509
-
43 461
-
income
16 135
-
7 964
-
health
1 475
-
531
-
pensions
8 635
-
3 110
-
total
26 245
-
11 605
-
Employer
89 509
-
43 461
-
health
1 700
-
825
-
pensions
10 568
-
4 214
-
total
12 268
-
5 039
-
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.

-
9 214
-
-
total
-
9 214
-
-
Dividends
-
39 286
-
-
withholding
-
2 946
-
-
total
-
2 946
-
-
Income
48 500
48 500
48 500
48 500
Total tax
38 513
12 160
16 644
11 929
After tax
9 987
36 340
31 856
36 571
Living cost
63 264
63 264
63 264
63 264
Free-cash
-53 277
-26 924
-31 408
-26 693

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20709
₽29109
₽20074
₽24729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
7 275
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
16 067
Employee
16 365
-
42 040
-
income
1 636
-
4 204
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 515
-
total
4 006
-
8 972
-
Employer
16 365
-
42 040
-
unemployment
98
-
198
-
health
1 130
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 804
-
3 628
-
total
3 212
-
6 460
-
Corporate
28 924
48 500
-
-
income
2 892
4 850
-
-
total
2 892
4 850
-
-
Dividends
26 031
43 650
-
-
withholding
1 302
2 182
-
-
total
1 302
2 182
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 412
7 032
15 432
16 067
After tax
37 088
41 468
33 068
32 433
Living cost
12 359
12 359
12 359
12 359
Free-cash
24 729
29 109
20 709
20 074

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58853
-₽53514
-₽24957
-₽55128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 446
income
-
-
-
4 535
pensions
-
-
-
8 731
total
-
-
-
20 712
Employee
88 188
81 228
81 228
-
income

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

13 296
13 296
13 296
-
pensions
11 145
11 145
14 621
-
health
11 002
10 605
12 468
-
total
35 443
35 046
40 385
-
Employer
88 188
81 228
81 228
-
unemployment
3 175
2 924
2 924
-
health
6 128
5 646
5 646
-
pensions
6 137
5 653
5 653
-
total
15 440
14 223
14 223
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
50 883
49 269
54 608
20 712
After tax
-2 383
-769
-6 108
27 788
Living cost
52 745
52 745
52 745
52 745
Free-cash
-55 128
-53 514
-58 853
-24 957

Estimated living cost  is ₽52745 per week

₽38908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1245
₽10025
₽255
₽1688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 162
health
-
-
-
6 547
income
-
-
-
4 169
solidarity contribution
-
-
-
-
total
-
-
-
24 878
Employee
34 363
-
36 194
-
social contributions
2 234
-
2 353
-
solidarity contribution
-
-
-
-
income
4 124
-
4 343
-
health
4 639
-
4 886
-
total
10 997
-
11 582
-
Employer
34 363
-
36 194
-
health
3 093
-
3 257
-
social contributions
8 591
-
9 049
-
total
11 684
-
12 306
-
Corporate
2 453
48 500
-
-
income
466
9 215
-
-
total
466
9 215
-
-
Dividends
1 987
39 285
-
-
withholding
298
5 893
-
-
total
298
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 445
15 108
23 888
24 878
After tax
25 055
33 392
24 612
23 622
Living cost
23 367
23 367
23 367
23 367
Free-cash
1 688
10 025
1 245
255

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16255
-₽14260
-₽13519
-₽36037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 475
national
-
-
-
8 644
regional
-
-
-
474
municipal
-
-
-
289
total
-
-
-
21 882
Employee
84 536
-
48 500
-
social contributions
28 506
-
16 354
-
municipal
448
-
256
-
national
14 648
-
7 596
-
regional
798
-
412
-
total
44 400
-
24 618
-
Employer
84 536
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 639
-
-
municipal
-
1 892
-
-
total
-
13 531
-
-
Dividends
-
34 969
-
-
withholding
-
9 092
-
-
total
-
9 092
-
-
Income
48 500
48 500
48 500
48 500
Total tax
44 400
22 623
24 618
21 882
After tax
4 100
25 877
23 882
26 618
Living cost
40 137
40 137
40 137
40 137
Free-cash
-36 037
-14 260
-16 255
-13 519

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5614
₽9517
₽6826
₽6558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
3 444
income
-
-
-
7 027
pensions
-
-
-
9 700
surtax
-
-
-
296
unemployment
-
-
-
217
total
-
-
-
20 684
Employee
31 455
-
40 067
-
surtax
103
-
262
-
income
5 273
-
6 717
-
other
-
-
-
-
pensions
2 097
-
2 673
-
health
803
-
1 022
-
unemployment
2 190
-
2 789
-
total
10 466
-
13 463
-
Employer
31 455
-
40 067
-
other
-
-
-
-
unemployment
996
-
1 271
-
health
1 431
-
1 821
-
pensions
4 193
-
5 341
-
total
6 620
-
8 433
-
Corporate
10 424
48 500
-
-
income
2 709
12 610
-
-
total
2 709
12 610
-
-
Dividends
7 714
35 890
-
-
withholding
1 157
5 383
-
-
total
1 157
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 952
17 993
21 896
20 684
After tax
27 548
30 507
26 604
27 816
Living cost
20 990
20 990
20 990
20 990
Free-cash
6 558
9 517
5 614
6 826

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11364
-₽6880
-₽6649
-₽19121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 144
pensions
-
-
-
2 785
total
-
-
-
11 929
Employee
59 987
-
43 461
-
income
10 804
-
7 964
-
health
871
-
531
-
pensions
5 092
-
3 110
-
total
16 767
-
11 605
-
Employer
59 987
-
43 461
-
health
1 140
-
825
-
pensions
6 494
-
4 214
-
total
7 634
-
5 039
-
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.

-
9 214
-
-
total
-
9 214
-
-
Dividends
-
39 286
-
-
withholding
-
2 946
-
-
total
-
2 946
-
-
Income
48 500
48 500
48 500
48 500
Total tax
24 401
12 160
16 644
11 929
After tax
24 099
36 340
31 856
36 571
Living cost
43 220
43 220
43 220
43 220
Free-cash
-19 121
-6 880
-11 364
-6 649

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38050
-₽54386
-₽35274
-₽49638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
969
health
-
-
-
250
pensions
-
-
-
4 462
city
-
-
-
509
national
-
-
-
110
regional
-
-
-
909
total
-
-
-
7 209
Employee
89 601
-
43 244
-
national
424
-
79
-
city
962
-
462
-
pensions
7 528
-
3 819
-
health
203
-
96
-
regional
2 934
-
749
-
unemployment
-
-
-
-
total
12 051
-
5 205
-
Employer
89 601
-
43 244
-
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.

1 791
-
865
-
unemployment
-
-
-
-
health
203
-
96
-
pensions
7 528
-
3 819
-
total
9 522
-
4 780
-
Corporate
-
48 500
-
-
regional
-
10 257
-
-
national
-
4 122
-
-
total
-
14 379
-
-
Dividends
-
34 121
-
-
withholding
-
11 942
-
-
total
-
11 942
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 573
26 321
9 985
7 209
After tax
26 927
22 179
38 515
41 291
Living cost
76 565
76 565
76 565
76 565
Free-cash
-49 638
-54 386
-38 050
-35 274

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6021
-₽19416
-₽6754
-₽8665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
4 217
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.

-
-
-
231
trade
-
-
-
733
total
-
-
-
11 679
Employee

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

57 165
-
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.

370
-
231
-
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.

6 722
-
4 217
-
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.

6 498
-
6 498
-
total
13 590
-
10 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
48 500
-
-
chamber of commerce
-
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.

-
401
-
-
trade
-
8 318
-
-
income
-
7 274
-
-
total
-
16 206
-
-
Dividends
-
32 294
-
-
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
-
-
withholding
-
7 711
-
-
total
-
8 135
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 590
24 341
10 946
11 679
After tax
34 910
24 159
37 554
36 821
Living cost
43 575
43 575
43 575
43 575
Free-cash
-8 665
-19 416
-6 021
-6 754

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2767
-₽8100
-₽3343
-₽4924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 504
social contributions
-
-
-
1 383
health
-
-
-
421
income
-
-
-
1 865
pensions
-
-
-
14 126
surtax
-
-
-
-
total
-
-
-
19 299
Employee
40 710
-
36 960
-
surtax
-
-
-
-
social contributions
1 161
-
1 054
-
income
2 403
-
1 949
-
pensions
4 603
-
4 181
-
total
8 167
-
7 184
-
Employer
40 710
-
36 960
-
other
1 404
-
1 274
-
unemployment
1 648
-
1 496
-
health
2 850
-
2 587
-
pensions
6 688
-
6 072
-
social contributions
123
-
110
-
total
12 713
-
11 539
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
13 580
-
-
total
-
13 580
-
-
Dividends
-
34 920
-
-
social contributions
-
6 007
-
-
surtax
-
-
-
-
withholding
-
4 469
-
-
total
-
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 880
24 056
18 723
19 299
After tax
27 620
24 444
29 777
29 201
Living cost
32 544
32 544
32 544
32 544
Free-cash
-4 924
-8 100
-2 767
-3 343

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽458
-₽4875
-₽118
₽411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 504
social contributions
-
-
-
1 383
health
-
-
-
421
income
-
-
-
1 865
pensions
-
-
-
14 126
surtax
-
-
-
-
total
-
-
-
19 299
Employee
36 339
-
36 960
-
surtax
-
-
-
-
social contributions
1 036
-
1 054
-
income
1 874
-
1 949
-
pensions
4 110
-
4 181
-
total
7 020
-
7 184
-
Employer
36 339
-
36 960
-
other
1 255
-
1 274
-
unemployment
1 471
-
1 496
-
health
2 543
-
2 587
-
pensions
5 971
-
6 072
-
social contributions
108
-
110
-
total
11 348
-
11 539
-
Corporate
812
48 500
-
-
surtax
-
-
-
-
income
227
13 580
-
-
total
227
13 580
-
-
Dividends
585
34 920
-
-
social contributions
101
6 007
-
-
surtax
-
-
-
-
withholding
74
4 469
-
-
total
175
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 770
24 056
18 723
19 299
After tax
29 730
24 444
29 777
29 201
Living cost
29 319
29 319
29 319
29 319
Free-cash
411
-4 875
458
-118

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9135
₽9418
₽10978
₽9913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 693
health
-
-
-
3 385
income
-
-
-
7 274
total
-
-
-
17 352
Employee
32 251
-
48 500
-
social contributions
4 451
-
6 693
-
income
5 379
-
9 117
-
health
2 251
-
3 385
-
total
12 081
-
19 195
-
Employer
32 251
-
48 500
-
total
-
-
-
-
Corporate
16 249
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%.

812
2 424
-
-
total
812
2 424
-
-
Dividends
15 437
46 076
-
-
social contributions
2 130
6 359
-
-
withholding
2 316
6 912
-
-
health
1 078
3 217
-
-
total
5 524
16 488
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 417
18 912
19 195
17 352
After tax
30 083
29 588
29 305
31 148
Living cost
20 170
20 170
20 170
20 170
Free-cash
9 913
9 418
9 135
10 978

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14101
-₽6678
-₽6446
-₽13806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 709
income
-
-
-
2 533
chamber of commerce
-
-
-
193
pensions
-
-
-
8 973
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
21 430
Employee
47 536
37 906
37 906
-
income
5 412
2 796
2 816
-
other
475
379
375
-
pensions
4 868
3 881
3 839
-
health
1 839
1 468
1 451
-
unemployment
1 426
1 137
1 125
-
total
14 020
9 661
9 606
-
Employer
47 536
37 906
37 906
-
other
2 258
1 800
1 798
-
unemployment
1 426
1 137
1 125
-
health
1 796
1 433
1 417
-
surtax
188
188
188
-
accident
617
493
487
-
pensions
5 966
4 758
4 706
-
payroll
1 426
1 137
1 137
-
chamber of commerce
190
152
152
-
total
13 867
11 098
11 010
-
Corporate
3 610
3 610
33 881
-
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.

903
903
8 469
-
total
903
903
8 469
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 790
21 662
29 085
21 430
After tax
19 710
26 838
19 415
27 070
Living cost
33 516
33 516
33 516
33 516
Free-cash
-13 806
-6 678
-14 101
-6 446

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13460
-₽7310
-₽7693
-₽39346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 049
communal

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

-
-
-
2 607
national
-
-
-
13 855
total
-
-
-
21 511
Employee

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

68 040
-
37 565
-
national
20 918
-
9 474
-
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.

5 103
-
2 818
-
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.

3 197
-
1 765
-
communal

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

3 549
-
1 959
-
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.

592
-
327
-
total
33 359
-
16 343
-
Employer

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

68 040
-
37 565
-
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.

993
-
549
-
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.

4 184
-
2 310
-
surtax
7 715
-
4 260
-
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.

884
-
487
-
pensions

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

6 029
-
3 329
-
total
19 805
-
10 935
-
Corporate
-
48 500
-
-
surtax
-
193
-
-
income
-
9 700
-
-
total
-
9 893
-
-
Dividends
-
38 606
-
-
withholding

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

-
11 235
-
-
total
-
11 235
-
-
Income
48 500
48 500
48 500
48 500
Total tax
53 164
21 128
27 278
21 511
After tax
-4 664
27 372
21 222
26 989
Living cost
34 682
34 682
34 682
34 682
Free-cash
-39 346
-7 310
-13 460
-7 693

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7052
-₽1567
-₽7427
-₽13942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
49
accident
-
-
-
437
income
-
-
-
7 024
pensions
-
-
-
13 726
unemployment
-
-
-
339
total
-
-
-
21 575
Employee
47 348
-
36 776
-
income
9 990
-
7 142
-
other
47
-
36
-
pensions
2 226
-
1 729
-
unemployment
735
-
570
-
total
12 998
-
9 477
-
Employer
47 348
-
36 776
-
other
377
-
294
-
unemployment
2 605
-
2 023
-
accident
937
-
727
-
pensions
11 173
-
8 679
-
total
15 092
-
11 723
-
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
-
8 441
-
-
total
-
8 441
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 090
15 715
21 200
21 575
After tax
20 410
32 785
27 300
26 925
Living cost
34 352
34 352
34 352
34 352
Free-cash
-13 942
-1 567
-7 052
-7 427

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
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.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18578
-₽21175
-₽19214
-₽32140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 637
accident
-
-
-
437
income
-
-
-
1 621
pensions
-
-
-
7 760
communal
-
-
-
-
surtax
-
-
-
2 567
total
-
-
-
16 022
Employee
72 033
-
43 090
-
surtax
4 415
-
2 621
-
income
6 958
-
1 720
-
pensions
5 762
-
3 621
-
health
3 206
-
2 014
-
total
20 341
-
9 976
-
Employer
72 033
-
43 090
-
health
2 197
-
1 381
-
accident
648
-
408
-
pensions
5 762
-
3 621
-
total
8 607
-
5 410
-
Corporate
-
48 500
-
-
surtax
-
509
-
-
income
-
7 274
-
-
communal
-
3 274
-
-
total
-
11 057
-
-
Dividends
-
37 442
-
-
income
-
1 310
-
-
withholding
-
5 616
-
-
total
-
6 926
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 948
17 983
15 386
16 022
After tax
19 552
30 517
33 114
32 478
Living cost
51 692
51 692
51 692
51 692
Free-cash
-32 140
-21 175
-18 578
-19 214

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
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.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5239
₽9142
₽6451
₽6115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
3 444
income
-
-
-
7 027
pensions
-
-
-
9 700
surtax
-
-
-
296
unemployment
-
-
-
217
total
-
-
-
20 684
Employee
32 033
-
40 067
-
surtax
114
-
262
-
income
5 370
-
6 717
-
other
-
-
-
-
pensions
2 137
-
2 673
-
health
818
-
1 022
-
unemployment
2 229
-
2 789
-
total
10 668
-
13 463
-
Employer
32 033
-
40 067
-
other
-
-
-
-
unemployment
1 016
-
1 271
-
health
1 457
-
1 821
-
pensions
4 271
-
5 341
-
total
6 744
-
8 433
-
Corporate
9 723
48 500
-
-
income
2 529
12 610
-
-
total
2 529
12 610
-
-
Dividends
7 194
35 890
-
-
withholding
1 079
5 383
-
-
total
1 079
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 020
17 993
21 896
20 684
After tax
27 480
30 507
26 604
27 816
Living cost
21 365
21 365
21 365
21 365
Free-cash
6 115
9 142
5 239
6 451

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1982
-₽129
₽737
-₽4265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 475
national
-
-
-
8 644
regional
-
-
-
732
municipal
-
-
-
289
total
-
-
-
22 140
Employee
52 764
-
48 500
-
social contributions
17 793
-
16 354
-
municipal
280
-
256
-
national
8 359
-
7 596
-
regional
710
-
653
-
total
27 142
-
24 859
-
Employer
52 764
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 639
-
-
municipal
-
2 410
-
-
total
-
14 049
-
-
Dividends
-
34 451
-
-
withholding
-
8 957
-
-
total
-
8 957
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 142
23 006
24 859
22 140
After tax
21 358
25 494
23 641
26 360
Living cost
25 623
25 623
25 623
25 623
Free-cash
-4 265
-129
-1 982
737

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4182
₽4598
-₽5172
-₽8241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 162
health
-
-
-
6 547
income
-
-
-
4 169
solidarity contribution
-
-
-
-
total
-
-
-
24 878
Employee
42 345
-
36 194
-
social contributions
2 752
-
2 353
-
solidarity contribution
-
-
-
-
income
5 081
-
4 343
-
health
5 717
-
4 886
-
total
13 550
-
11 582
-
Employer
42 345
-
36 194
-
health
3 811
-
3 257
-
social contributions
10 586
-
9 049
-
total
14 397
-
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
27 947
15 108
23 888
24 878
After tax
20 553
33 392
24 612
23 622
Living cost
28 794
28 794
28 794
28 794
Free-cash
-8 241
4 598
-4 182
-5 172

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10837
-₽3321
-₽3089
-₽5947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 709
income
-
-
-
2 533
chamber of commerce
-
-
-
193
pensions
-
-
-
8 973
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
21 242
Employee
41 579
37 906
37 906
-
income
3 704
2 796
2 809
-
other
415
379
377
-
pensions
4 258
3 881
3 856
-
health
1 608
1 468
1 457
-
unemployment
1 247
1 137
1 130
-
total
11 232
9 661
9 629
-
Employer
41 579
37 906
37 906
-
other
1 975
1 800
1 798
-
unemployment
1 247
1 137
1 130
-
health
1 572
1 433
1 422
-
surtax
-
-
-
-
accident
540
493
489
-
pensions
5 218
4 758
4 724
-
payroll
1 247
1 137
1 137
-
chamber of commerce
166
152
152
-
total
11 965
10 910
10 852
-
Corporate
3 610
3 610
34 038
-
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.

903
903
8 509
-
total
903
903
8 509
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
24 100
21 474
28 990
21 242
After tax
24 400
27 026
19 510
27 258
Living cost
30 347
30 347
30 347
30 347
Free-cash
-5 947
-3 321
-10 837
-3 089

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
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.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26433
₽33708
₽35648
₽31389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 459
-
48 500
-
income
3 092
-
9 700
-
total
3 092
-
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%.

33 041
48 500
-
-
total
-
-
-
-
Dividends
33 041
48 500
-
-
withholding
1 652
2 425
-
-
total
1 652
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
4 744
2 425
9 700
485
After tax
43 756
46 075
38 800
48 015
Living cost
12 367
12 367
12 367
12 367
Free-cash
31 389
33 708
26 433
35 648

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57
₽7878
₽1483
-₽112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 773
income
-
-
-
7 802
pensions
-
-
-
8 857
unemployment
-
-
-
72
total
-
-
-
21 504
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.

42 062
-
41 966
-
income
7 254
-
7 234
-
pensions
6 520
-
6 505
-
health
2 717
-
2 711
-
unemployment
60
-
60
-
total
16 551
-
16 510
-
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.

42 062
-
41 966
-
unemployment
25
-
25
-
health
2 801
-
2 794
-
pensions
3 722
-
3 715
-
total
6 548
-
6 534
-
Corporate
-
48 500
-
-
income
-
9 215
-
-
total
-
9 215
-
-
Dividends
-
39 285
-
-
withholding
-
5 894
-
-
total
-
5 894
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 099
15 109
23 044
21 504
After tax
25 401
33 391
25 456
26 996
Living cost
25 513
25 513
25 513
25 513
Free-cash
-112
7 878
-57
1 483

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
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.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7728
-₽13583
-₽9573
-₽100402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 785
-
-
-
social contributions
5 066
-
722
-
income
13 629
-
-
-
total
18 695
-
722
-
Employer
61 785
-
-
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
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
105 812
18 993
13 138
14 983
After tax
-57 312
29 507
35 362
33 517
Living cost
43 090
43 090
43 090
43 090
Free-cash
-100 402
-13 583
-7 728
-9 573

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
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.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2747
-₽2248
-₽1604
-₽5638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
16 854
income
-
-
-
3 414
surtax
-
-
-
-
total
-
-
-
20 268
Employee
43 748
-
39 191
-
surtax
-
-
-
-
social contributions
4 812
-
4 311
-
income
9 100
-
7 791
-
total
13 912
-
12 102
-
Employer
43 748
-
39 191
-
social contributions
10 390
-
9 309
-
total
10 390
-
9 309
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
10 184
-
-
total
-
10 184
-
-
Dividends
-
38 316
-
-
withholding
-
10 728
-
-
total
-
10 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
24 302
20 912
21 411
20 268
After tax
24 198
27 588
27 089
28 232
Living cost
29 836
29 836
29 836
29 836
Free-cash
-5 638
-2 248
-2 747
-1 604

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16164
-₽21497
-₽16740
-₽29681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 504
social contributions
-
-
-
1 383
health
-
-
-
421
income
-
-
-
1 865
pensions
-
-
-
14 126
surtax
-
-
-
-
total
-
-
-
19 299
Employee
59 575
-
36 960
-
surtax
-
-
-
-
social contributions
1 697
-
1 054
-
income
5 198
-
1 949
-
pensions
6 738
-
4 181
-
total
13 633
-
7 184
-
Employer
59 575
-
36 960
-
other
2 056
-
1 274
-
unemployment
2 413
-
1 496
-
health
4 170
-
2 587
-
pensions
9 789
-
6 072
-
social contributions
179
-
110
-
total
18 607
-
11 539
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
13 580
-
-
total
-
13 580
-
-
Dividends
-
34 920
-
-
social contributions
-
6 007
-
-
surtax
-
-
-
-
withholding
-
4 469
-
-
total
-
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
32 240
24 056
18 723
19 299
After tax
16 260
24 444
29 777
29 201
Living cost
45 941
45 941
45 941
45 941
Free-cash
-29 681
-21 497
-16 164
-16 740

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10671
₽15057
₽9237
₽11862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
social contributions
-
-
-
10 670
total
-
-
-
10 670
Employee
30 580
-
41 993
-
income
-
-
-
-
social contributions
1 987
-
2 729
-
total
1 987
-
2 729
-
Employer
30 580
-
41 993
-
social contributions
4 740
-
6 507
-
total
4 740
-
6 507
-
Corporate
13 180
48 500
-
-
income
1 318
4 850
-
-
total
1 318
4 850
-
-
Dividends
11 862
43 650
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
8 045
4 850
9 236
10 670
After tax
40 455
43 650
39 264
37 830
Living cost
28 593
28 593
28 593
28 593
Free-cash
11 862
15 057
10 671
9 237

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
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.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽157767
-₽157767
-₽13734
-₽157767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
3 814
pensions
-
-
-
821
national
-
-
-
4 440
municipal
-
-
-
7 565
total
-
-
-
16 640
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
160 673
160 673
160 673
16 640
After tax
-112 173
-112 173
-112 173
31 860
Living cost
45 594
45 594
45 594
45 594
Free-cash
-157 767
-157 767
-157 767
-13 734

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4957
-₽16727
₽12929
₽761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
8 278
pensions
-
-
-
3 965
total
-
-
-
14 915
Employee
32 494
-
40 289
-
income
4 458
-
5 527
-
pensions
3 659
-
4 536
-
health
3 721
-
4 613
-
total
11 838
-
14 676
-
Employer
32 494
-
40 289
-
unemployment
796
-
987
-
accident
543
-
673
-
pensions
5 283
-
6 551
-
total
6 622
-
8 211
-
Corporate
9 384
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.

8 445
43 650
-
-
total
8 445
43 650
-
-
Dividends
938
4 850
-
-
withholding
178
921
-
-
total
178
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 083
44 571
22 887
14 915
After tax
21 417
3 929
25 613
33 585
Living cost
20 656
20 656
20 656
20 656
Free-cash
761
-16 727
4 957
12 929

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6341
-₽2957
₽1927
-₽10987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
350
national
-
-
-
1 038
municipal
-
-
-
8 666
total
-
-
-
10 054
Employee
50 044
-
40 800
-
municipal
8 197
-
6 697
-
national
827
-
327
-
pensions
3 377
-
2 755
-
health
374
-
231
-
unemployment
751
-
612
-
total
13 526
-
10 622
-
Employer
50 044
-
40 800
-
unemployment
325
-
265
-
health
384
-
314
-
accident
51
-
42
-
pensions
8 682
-
7 079
-
total
9 442
-
7 700
-
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
-
-
national
-
-
-
-
municipal
-
5 238
-
-
total
-
5 238
-
-
Income
48 500
48 500
48 500
48 500
Total tax
22 968
14 938
18 322
10 054
After tax
25 532
33 562
30 178
38 446
Living cost
36 519
36 519
36 519
36 519
Free-cash
-10 987
-2 957
-6 341
1 927

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9961
₽4968
₽16775
₽8570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 567
health
-
-
-
1 236
income
-
-
-
899
total
-
-
-
9 702
Employee
73 142
73 142
73 142
-
social contributions
2 765
6 070
3 655
-
income
7 964
6 771
7 643
-
health
567
1 244
749
-
total
11 296
14 085
12 047
-
Employer
73 142
73 142
73 142
-
health
616
1 354
814
-
social contributions
2 765
6 070
3 655
-
total
3 381
7 424
4 469
-
Corporate
11 800
-
-
-
income
1 475
-
-
-
total
1 475
-
-
-
Dividends
10 325
-
-
-
withholding
1 755
-
-
-
total
1 755
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 907
21 509
16 516
9 702
After tax
30 593
26 991
31 984
38 798
Living cost
22 023
22 023
22 023
22 023
Free-cash
8 570
4 968
9 961
16 775

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14975
₽25060
₽19927
₽20221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
3 951
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
13 471
Employee

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

21 833
-
43 971
-
income
1 493
-
3 340
-
pensions
3 274
-
6 596
-
health
1 856
-
3 738
-
unemployment
108
-
220
-
total
6 731
-
13 894
-
Employer

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

21 833
-
43 971
-
unemployment
108
-
220
-
health
939
-
1 890
-
pensions
1 200
-
2 419
-
total
2 247
-
4 529
-
Corporate
24 419
48 500
-
-
income
2 199
4 365
-
-
total
2 199
4 365
-
-
Dividends
22 221
44 135
-
-
withholding
2 000
3 973
-
-
total
2 000
3 973
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 177
8 338
18 423
13 471
After tax
35 323
40 162
30 077
35 029
Living cost
15 102
15 102
15 102
15 102
Free-cash
20 221
25 060
14 975
19 927

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1143
₽6628
₽768
₽1457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
49
accident
-
-
-
437
income
-
-
-
7 024
pensions
-
-
-
13 726
unemployment
-
-
-
339
total
-
-
-
21 575
Employee
35 171
-
36 776
-
income
6 781
-
7 142
-
other
34
-
36
-
pensions
1 653
-
1 729
-
unemployment
545
-
570
-
total
9 013
-
9 477
-
Employer
35 171
-
36 776
-
other
282
-
294
-
unemployment
1 935
-
2 023
-
accident
697
-
727
-
pensions
8 300
-
8 679
-
total
11 214
-
11 723
-
Corporate
2 116
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.

318
7 274
-
-
total
318
7 274
-
-
Dividends
1 798
41 226
-
-
withholding
341
8 441
-
-
total
341
8 441
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 886
15 715
21 200
21 575
After tax
27 614
32 785
27 300
26 925
Living cost
26 157
26 157
26 157
26 157
Free-cash
1 457
6 628
1 143
768

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28604
₽28502
₽28728
₽28212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
932
income
-
-
-
15 793
pensions
-
-
-
1 285
total
-
-
-
18 010
Employee
2 683
-
47 054
-
income
519
-
15 725
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
16 688
-
Employer
2 683
-
47 054
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
45 213
48 500
-
-
income
9 947
10 670
-
-
total
9 947
10 670
-
-
Dividends
35 266
37 830
-
-
withholding
7 053
7 566
-
-
total
7 053
7 566
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 526
18 236
18 134
18 010
After tax
29 974
30 264
30 366
30 490
Living cost
1 762
1 762
1 762
1 762
Free-cash
28 212
28 502
28 604
28 728

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9838
₽18623
₽7752
₽13951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 995
income
-
-
-
5 997
pensions
-
-
-
12 610
unemployment
-
-
-
728
total
-
-
-
24 330
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.

24 757
-
41 137
-
income
3 413
-
6 693
-
pensions
3 466
-
5 759
-
health
1 275
-
2 119
-
unemployment
186
-
309
-
total
8 340
-
14 880
-
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.

24 757
-
41 137
-
unemployment
186
-
309
-
health
1 275
-
2 119
-
pensions
2 971
-
4 936
-
total
4 432
-
7 364
-
Corporate
19 311
48 500
-
-
income
2 897
7 275
-
-
total
2 897
7 275
-
-
Dividends
16 414
41 225
-
-
withholding
2 462
6 184
-
-
total
2 462
6 184
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 131
13 459
22 244
24 330
After tax
30 369
35 041
26 256
24 170
Living cost
16 418
16 418
16 418
16 418
Free-cash
13 951
18 623
9 838
7 752

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1445
₽1944
₽2588
₽1601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
16 854
income
-
-
-
3 414
surtax
-
-
-
-
total
-
-
-
20 268
Employee
36 918
-
39 191
-
surtax
-
-
-
-
social contributions
4 061
-
4 311
-
income
7 214
-
7 791
-
total
11 275
-
12 102
-
Employer
36 918
-
39 191
-
social contributions
8 767
-
9 309
-
total
8 767
-
9 309
-
Corporate
2 815
48 500
-
-
surtax
-
-
-
-
income
590
10 184
-
-
total
590
10 184
-
-
Dividends
2 224
38 316
-
-
withholding
623
10 728
-
-
total
623
10 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 255
20 912
21 411
20 268
After tax
27 245
27 588
27 089
28 232
Living cost
25 644
25 644
25 644
25 644
Free-cash
1 601
1 944
1 445
2 588

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
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.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6129
-₽644
-₽6504
-₽12085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
49
accident
-
-
-
437
income
-
-
-
7 024
pensions
-
-
-
13 726
unemployment
-
-
-
339
total
-
-
-
21 575
Employee
45 938
-
36 776
-
income
9 595
-
7 142
-
other
45
-
36
-
pensions
2 159
-
1 729
-
unemployment
711
-
570
-
total
12 510
-
9 477
-
Employer
45 938
-
36 776
-
other
368
-
294
-
unemployment
2 527
-
2 023
-
accident
910
-
727
-
pensions
10 841
-
8 679
-
total
14 646
-
11 723
-
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
-
8 441
-
-
total
-
8 441
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 156
15 715
21 200
21 575
After tax
21 344
32 785
27 300
26 925
Living cost
33 429
33 429
33 429
33 429
Free-cash
-12 085
-644
-6 129
-6 504

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16852
₽25252
₽16217
₽19506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 787
income
-
-
-
7 275
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
16 067
Employee
21 472
-
42 040
-
income
2 148
-
4 204
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 515
-
total
5 257
-
8 972
-
Employer
21 472
-
42 040
-
unemployment
129
-
198
-
health
1 482
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 213
-
6 460
-
Corporate
22 815
48 500
-
-
income
2 281
4 850
-
-
total
2 281
4 850
-
-
Dividends
20 534
43 650
-
-
withholding
1 027
2 182
-
-
total
1 027
2 182
-
-
Income
48 500
48 500
48 500
48 500
Total tax
12 778
7 032
15 432
16 067
After tax
35 722
41 468
33 068
32 433
Living cost
16 216
16 216
16 216
16 216
Free-cash
19 506
25 252
16 852
16 217

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽831
-₽11566
₽217
₽674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
4 217
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.

-
-
-
231
trade
-
-
-
614
total
-
-
-
11 560
Employee

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

47 328
-
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.

215
-
231
-
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.

3 892
-
4 217
-
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.

6 498
-
6 498
-
total
10 605
-
10 946
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 172
48 500
-
-
chamber of commerce
146
215
-
-
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
401
-
-
trade
168
6 960
-
-
income
175
7 274
-
-
total
498
14 850
-
-
Dividends
674
33 650
-
-
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.

-
442
-
-
withholding
-
8 051
-
-
total
-
8 493
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 103
23 343
10 946
11 560
After tax
37 397
25 157
37 554
36 940
Living cost
36 723
36 723
36 723
36 723
Free-cash
674
-11 566
831
217

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15738
-₽20234
-₽15738
-₽25905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 722
social contributions
-
-
-
3 332
total
-
-
-
10 054
Employee
74 405
-
48 500
-
income
14 040
-
6 722
-
social contributions
6 181
-
3 332
-
total
20 221
-
10 054
-
Employer
74 405
-
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
20 221
14 550
10 054
10 054
After tax
28 279
33 950
38 446
38 446
Living cost
54 184
54 184
54 184
54 184
Free-cash
-25 905
-20 234
-15 738
-15 738

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽365
-₽7733
-₽18986
-₽2520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 076
health

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

-
-
-
5 881
total
-
-
-
32 957
Employee
43 635
-
44 125
-
income
4 735
-
4 856
-
social contributions
4 372
-
4 375
-
total
9 107
-
9 231
-
Employer
43 635
-
44 125
-
social contributions
4 372
-
4 375
-
total
4 372
-
4 375
-
Corporate
493
48 500
-
-
income
173
16 975
-
-
total
173
16 975
-
-
Dividends
320
31 525
-
-
social contributions
2 839
4 729
-
-
total
2 839
4 729
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 491
21 704
13 606
32 957
After tax
32 009
26 796
34 894
15 543
Living cost
34 529
34 529
34 529
34 529
Free-cash
-2 520
-7 733
365
-18 986

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
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.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3281
₽1203
₽1434
-₽5520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 144
pensions
-
-
-
2 785
total
-
-
-
11 929
Employee
48 230
-
43 461
-
income
8 783
-
7 964
-
health
629
-
531
-
pensions
3 681
-
3 110
-
total
13 093
-
11 605
-
Employer
48 230
-
43 461
-
health
917
-
825
-
pensions
4 873
-
4 214
-
total
5 790
-
5 039
-
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.

-
9 214
-
-
total
-
9 214
-
-
Dividends
-
39 286
-
-
withholding
-
2 946
-
-
total
-
2 946
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 883
12 160
16 644
11 929
After tax
29 617
36 340
31 856
36 571
Living cost
35 137
35 137
35 137
35 137
Free-cash
-5 520
1 203
-3 281
1 434

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2911
-₽18773
₽10883
₽446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
8 278
pensions
-
-
-
3 965
total
-
-
-
14 915
Employee
35 710
-
40 289
-
income
4 899
-
5 527
-
pensions
4 021
-
4 536
-
health
4 089
-
4 613
-
total
13 009
-
14 676
-
Employer
35 710
-
40 289
-
unemployment
875
-
987
-
accident
596
-
673
-
pensions
5 806
-
6 551
-
total
7 277
-
8 211
-
Corporate
5 512
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.

4 961
43 650
-
-
total
4 961
43 650
-
-
Dividends
551
4 850
-
-
withholding
105
921
-
-
total
105
921
-
-
Income
48 500
48 500
48 500
48 500
Total tax
25 352
44 571
22 887
14 915
After tax
23 148
3 929
25 613
33 585
Living cost
22 702
22 702
22 702
22 702
Free-cash
446
-18 773
2 911
10 883

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16135
₽28397
₽16135
₽23780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 200
health insurance
-
-
-
3 589
work injury
-
-
-
242
pensions
-
-
-
8 924
unemployment
-
-
-
582
total
-
-
-
19 537
Employee

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

20 524
-
48 500
-
income
2 052
-
6 200
-
work injury
103
-
242
-
health insurance
1 519
-
3 589
-
pensions
3 776
-
8 924
-
unemployment
246
-
582
-
total
7 696
-
19 537
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 976
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
27 976
48 500
-
-
withholding
4 196
7 275
-
-
total
4 196
7 275
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 892
7 275
19 537
19 537
After tax
36 608
41 225
28 963
28 963
Living cost
12 828
12 828
12 828
12 828
Free-cash
23 780
28 397
16 135
16 135

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14239
-₽12347
-₽11549
-₽31653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 475
national
-
-
-
8 644
regional
-
-
-
712
municipal
-
-
-
325
total
-
-
-
22 156
Employee
80 154
-
48 500
-
social contributions
27 027
-
16 354
-
municipal
478
-
289
-
national
13 545
-
7 596
-
regional
1 210
-
607
-
total
42 260
-
24 846
-
Employer
80 154
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 639
-
-
municipal
-
2 338
-
-
total
-
13 977
-
-
Dividends
-
34 523
-
-
withholding
-
8 977
-
-
total
-
8 977
-
-
Income
48 500
48 500
48 500
48 500
Total tax
42 260
22 954
24 846
22 156
After tax
6 240
25 546
23 654
26 344
Living cost
37 893
37 893
37 893
37 893
Free-cash
-31 653
-12 347
-14 239
-11 549

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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