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
₽9235
-₽3600
₽8426
₽6716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
242
trade
-
-
-
809
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.

-
-
-
4 399
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.

-
-
-
6 372
total
-
-
-
11 822
Employee

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

35 675
-
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.

6 372
-
6 372
-
surtax

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

55
-
242
-
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.

997
-
4 399
-
total
7 424
-
11 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 825
48 500
-
-
chamber of commerce
159
211
-
-
trade
2 020
7 639
-
-
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.

106
400
-
-
income
1 924
7 275
-
-
total
4 209
15 525
-
-
Dividends
8 616
32 975
-
-
withholding
1 800
7 889
-
-
surtax

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

99
434
-
-
total
1 899
8 323
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 532
23 848
11 013
11 822
After tax
34 968
24 652
37 487
36 678
Living cost
28 252
28 252
28 252
28 252
Free-cash
6 716
-3 600
9 235
8 426

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18499
-₽19473
-₽18880
-₽35598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
4 433
social contributions
-
-
-
521
national
-
-
-
6 869
pensions
-
-
-
5 820
total
-
-
-
17 643
Employee
77 101
-
41 928
-
pensions
3 084
-
1 677
-
national
14 757
-
7 160
-
municipal
9 523
-
4 620
-
total
27 364
-
13 457
-
Employer
77 101
-
41 928
-
pensions
6 168
-
3 354
-
social contributions
829
-
451
-
total
6 997
-
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
34 361
18 236
17 262
17 643
After tax
14 139
30 264
31 238
30 857
Living cost
49 737
49 737
49 737
49 737
Free-cash
-35 598
-19 473
-18 499
-18 880

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8423
₽19395
₽18884
₽11744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
7 275
surtax
-
-
-
-
social contributions

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

-
-
-
2 936
income
-
-
-
-
total
-
-
-
10 211
Employee
27 255
-
39 085
-
social contributions

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

2 998
-
4 299
-
surtax
-
-
-
-
income
4 852
-
6 958
-
total
7 850
-
11 257
-
Employer
27 255
-
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.

6 565
-
9 415
-
total
6 565
-
9 415
-
Corporate
14 680
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%.

2 936
9 700
-
-
total
2 936
9 700
-
-
Dividends

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

11 744
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 351
9 700
20 672
10 211
After tax
31 149
38 800
27 828
38 289
Living cost
19 405
19 405
19 405
19 405
Free-cash
11 744
19 395
8 423
18 884

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44122
-₽38886
-₽11293
-₽44122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 545
pensions
-
-
-
8 730
health
-
-
-
7 445
total
-
-
-
20 720
Employee
79 651
79 651
79 651
-
health
12 226
10 399
12 226
-
pensions
14 337
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
39 601
-
Employer
79 651
79 651
79 651
-
unemployment
2 867
2 867
2 867
-
health
5 537
5 537
5 537
-
pensions
5 544
5 544
5 544
-
total
13 948
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
53 549
48 313
53 549
20 720
After tax
-5 049
187
-5 049
27 780
Living cost
39 073
39 073
39 073
39 073
Free-cash
-44 122
-38 886
-44 122
-11 293

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11784
-₽11203
-₽13507
-₽22067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
10 273
other
-
-
-
5 636
unemployment
-
-
-
48
national
-
-
-
-
pensions
-
-
-
5 243
accident
-
-
-
97
health
-
-
-
3 026
total
-
-
-
24 323
Employee
53 696
-
36 905
-
national
-
-
-
-
municipal
16 012
-
11 005
-
total
16 012
-
11 005
-
Employer
53 696
-
36 905
-
unemployment
1 418
-
974
-
accident
107
-
74
-
health
3 302
-
2 270
-
pensions
5 804
-
3 989
-
other
6 240
-
4 288
-
total
16 871
-
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
32 883
22 019
22 600
24 323
After tax
15 617
26 481
25 900
24 177
Living cost
37 684
37 684
37 684
37 684
Free-cash
-22 067
-11 203
-11 784
-13 507

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽845
-₽12238
₽1
₽668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
242
trade
-
-
-
844
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.

-
-
-
4 399
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.

-
-
-
6 372
total
-
-
-
11 857
Employee

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

47 301
-
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.

6 372
-
6 372
-
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.

223
-
242
-
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.

4 064
-
4 399
-
total
10 659
-
11 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 199
48 500
-
-
chamber of commerce
143
211
-
-
trade
196
7 978
-
-
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.

11
400
-
-
income
181
7 275
-
-
total
531
15 864
-
-
Dividends
668
32 637
-
-
withholding
-
7 804
-
-
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.

-
428
-
-
total
-
8 232
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 190
24 096
11 013
11 857
After tax
37 310
24 404
37 487
36 643
Living cost
36 642
36 642
36 642
36 642
Free-cash
668
-12 238
845
1

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1904
-₽2846
₽8408
₽1639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 565
income
-
-
-
1 037
health
-
-
-
1 237
total
-
-
-
9 839
Employee
71 723
71 723
71 723
-
health
713
1 220
749
-
social contributions
3 485
5 953
3 655
-
income
7 531
6 639
7 470
-
total
11 729
13 812
11 874
-
Employer
71 723
71 723
71 723
-
health
777
1 328
814
-
social contributions
3 485
5 953
3 655
-
total
4 262
7 281
4 469
-
Corporate
2 255
-
-
-
income
281
-
-
-
total
281
-
-
-
Dividends
1 973
-
-
-
withholding
336
-
-
-
total
336
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 608
21 093
16 343
9 839
After tax
31 892
27 407
32 157
38 661
Living cost
30 253
30 253
30 253
30 253
Free-cash
1 639
-2 846
1 904
8 408

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11412
₽10779
₽16896
₽11126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
727
income
-
-
-
5 929
pensions
-
-
-
4 850
health
-
-
-
3 395
total
-
-
-
14 901
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 110
9 596
40 586
-
health
1 688
672
2 841
-
pensions
2 411
960
4 059
-
unemployment
362
144
609
-
income
2 948
1 173
4 962
-
total
7 409
2 949
12 471
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 110
9 596
40 586
-
pensions
4 702
1 871
7 914
-
total
4 702
1 871
7 914
-
Corporate
19 688
37 033
-
-
income
1 772
3 333
-
-
total
1 772
3 333
-
-
Dividends
17 916
33 700
-
-
withholding
3 404
6 403
-
-
social contributions
3 384
6 462
-
-
total
6 788
12 865
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 671
21 018
20 385
14 901
After tax
27 829
27 482
28 115
33 599
Living cost
16 703
16 703
16 703
16 703
Free-cash
11 126
10 779
11 412
16 896

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6497
₽16271
₽4812
₽10477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 154
pensions
-
-
-
9 700
health
-
-
-
6 305
total
-
-
-
21 159
Employee
26 460
-
36 248
-
unemployment
423
-
581
-
pensions
529
-
726
-
income
2 979
-
5 915
-
total
3 931
-
7 222
-
Employer
26 460
-
36 248
-
unemployment
212
-
290
-
health
3 439
-
4 712
-
pensions
5 292
-
7 250
-
total
8 943
-
12 252
-
Corporate
13 096
48 500
-
-
income
2 620
9 700
-
-
total
2 620
9 700
-
-
Dividends
10 476
38 800
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
15 494
9 700
19 474
21 159
After tax
33 006
38 800
29 026
27 341
Living cost
22 529
22 529
22 529
22 529
Free-cash
10 477
16 271
6 497
4 812

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4784
-₽16901
₽12752
₽734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
8 325
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
14 919
Employee
32 765
-
40 289
-
health
3 752
-
4 613
-
pensions
3 689
-
4 536
-
income
4 495
-
5 527
-
total
11 936
-
14 676
-
Employer
32 765
-
40 289
-
unemployment
803
-
987
-
accident
547
-
673
-
pensions
5 328
-
6 551
-
total
6 678
-
8 211
-
Corporate
9 057
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.

8 151
43 650
-
-
total
8 151
43 650
-
-
Dividends
906
4 850
-
-
withholding
172
922
-
-
total
172
922
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 937
44 572
22 887
14 919
After tax
21 563
3 928
25 613
33 581
Living cost
20 829
20 829
20 829
20 829
Free-cash
734
-16 901
4 784
12 752

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31246
₽38521
₽40461
₽37105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
48 500
-
income
1 888
-
9 700
-
total
1 888
-
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%.

39 057
48 500
-
-
total
-
-
-
-
Dividends
39 057
48 500
-
-
withholding
1 953
2 425
-
-
total
1 953
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
3 841
2 425
9 700
485
After tax
44 659
46 075
38 800
48 015
Living cost
7 554
7 554
7 554
7 554
Free-cash
37 105
38 521
31 246
40 461

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3573
₽10780
₽1407
₽4482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 305
income
-
-
-
6 160
pensions

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

-
-
-
11 640
health
-
-
-
2 135
total
-
-
-
22 240
Employee
33 866
-
38 736
-
health
474
-
542
-
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.

2 370
-
2 712
-
unemployment
338
-
388
-
income
5 830
-
6 668
-
total
9 012
-
10 310
-
Employer
33 866
-
38 736
-
unemployment
338
-
388
-
accident
271
-
310
-
health
474
-
542
-
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.

5 758
-
6 586
-
other
1 694
-
1 938
-
total
8 535
-
9 764
-
Corporate
6 098
48 500
-
-
income
1 282
10 185
-
-
total
1 282
10 185
-
-
Dividends
4 817
38 315
-
-
withholding
336
2 682
-
-
total
336
2 682
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 165
12 867
20 074
22 240
After tax
29 335
35 633
28 426
26 260
Living cost
24 853
24 853
24 853
24 853
Free-cash
4 482
10 780
3 573
1 407

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30971
-₽26469
-₽26243
-₽52541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 141
pensions
-
-
-
2 796
total
-
-
-
11 937
Employee
88 860
-
43 450
-
health
1 464
-
534
-
pensions
8 573
-
3 123
-
income
16 018
-
7 958
-
total
26 055
-
11 615
-
Employer
88 860
-
43 450
-
health
1 688
-
825
-
pensions
10 492
-
4 225
-
total
12 180
-
5 050
-
Corporate
-
48 500
-
-
income

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

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
38 235
12 163
16 665
11 937
After tax
10 265
36 337
31 835
36 563
Living cost
62 806
62 806
62 806
62 806
Free-cash
-52 541
-26 469
-30 971
-26 243

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20940
₽29233
₽20289
₽24901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
7 275
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
15 977
Employee
16 200
-
42 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
4 210
-
total
3 965
-
8 930
-
Employer
16 200
-
42 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
29 121
48 500
-
-
income
2 912
4 850
-
-
total
2 912
4 850
-
-
Dividends
26 209
43 650
-
-
withholding
1 310
2 183
-
-
total
1 310
2 183
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 365
7 033
15 326
15 977
After tax
37 135
41 467
33 174
32 523
Living cost
12 234
12 234
12 234
12 234
Free-cash
24 901
29 233
20 940
20 289

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56770
-₽51534
-₽23941
-₽53115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 545
pensions
-
-
-
8 730
health
-
-
-
7 445
total
-
-
-
20 720
Employee
86 476
79 651
79 651
-
health
10 788
10 399
12 226
-
pensions
10 928
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
39 601
-
Employer
86 476
79 651
79 651
-
unemployment
3 113
2 867
2 867
-
health
6 009
5 537
5 537
-
pensions
6 018
5 544
5 544
-
total
15 140
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
49 894
48 313
53 549
20 720
After tax
-1 394
187
-5 049
27 780
Living cost
51 721
51 721
51 721
51 721
Free-cash
-53 115
-51 534
-56 770
-23 941

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1821
₽10601
₽831
₽2469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 162
income
-
-
-
4 169
health
-
-
-
6 547
total
-
-
-
24 878
Employee
33 517
-
36 194
-
health
4 525
-
4 886
-
social contributions
2 179
-
2 353
-
solidarity contribution
-
-
-
-
income
4 022
-
4 343
-
total
10 726
-
11 582
-
Employer
33 517
-
36 194
-
health
3 017
-
3 257
-
social contributions
8 379
-
9 049
-
total
11 396
-
12 306
-
Corporate
3 588
48 500
-
-
income
682
9 215
-
-
total
682
9 215
-
-
Dividends
2 906
39 285
-
-
withholding
436
5 893
-
-
total
436
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 240
15 108
23 888
24 878
After tax
25 260
33 392
24 612
23 622
Living cost
22 791
22 791
22 791
22 791
Free-cash
2 469
10 601
1 821
831

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15501
-₽13481
-₽12761
-₽34395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
289
social contributions
-
-
-
12 473
national
-
-
-
8 664
regional
-
-
-
477
total
-
-
-
21 903
Employee
82 895
-
48 500
-
social contributions
27 952
-
16 353
-
national
14 364
-
7 618
-
regional
782
-
415
-
municipal
439
-
257
-
total
43 537
-
24 643
-
Employer
82 895
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
municipal
-
1 892
-
-
nationa
-
11 640
-
-
total
-
13 532
-
-
Dividends
-
34 968
-
-
withholding
-
9 091
-
-
total
-
9 091
-
-
Income
48 500
48 500
48 500
48 500
Total tax
43 537
22 623
24 643
21 903
After tax
4 963
25 877
23 857
26 597
Living cost
39 358
39 358
39 358
39 358
Free-cash
-34 395
-13 481
-15 501
-12 761

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6012
₽9925
₽7228
₽7020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
306
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
7 029
pensions
-
-
-
9 700
health
-
-
-
3 443
total
-
-
-
20 690
Employee
30 845
-
40 066
-
health
788
-
1 023
-
pensions
2 057
-
2 673
-
unemployment
2 147
-
2 788
-
surtax
101
-
271
-
other
-
-
-
-
income
5 170
-
6 717
-
total
10 263
-
13 472
-
Employer
30 845
-
40 066
-
unemployment
977
-
1 271
-
health
1 404
-
1 823
-
pensions
4 112
-
5 340
-
other
-
-
-
-
total
6 493
-
8 434
-
Corporate
11 163
48 500
-
-
income
2 903
12 610
-
-
total
2 903
12 610
-
-
Dividends
8 260
35 890
-
-
withholding
1 239
5 383
-
-
total
1 239
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 898
17 993
21 906
20 690
After tax
27 602
30 507
26 594
27 810
Living cost
20 582
20 582
20 582
20 582
Free-cash
7 020
9 925
6 012
7 228

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11072
-₽6570
-₽6344
-₽18630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 141
pensions
-
-
-
2 796
total
-
-
-
11 937
Employee
59 552
-
43 450
-
health
864
-
534
-
pensions
5 055
-
3 123
-
income
10 726
-
7 958
-
total
16 645
-
11 615
-
Employer
59 552
-
43 450
-
health
1 131
-
825
-
pensions
6 447
-
4 225
-
total
7 578
-
5 050
-
Corporate
-
48 500
-
-
income

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

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
24 223
12 163
16 665
11 937
After tax
24 277
36 337
31 835
36 563
Living cost
42 907
42 907
42 907
42 907
Free-cash
-18 630
-6 570
-11 072
-6 344

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
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.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35186
-₽51594
-₽32509
-₽46056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
510
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
970
national
-
-
-
117
pensions
-
-
-
4 462
regional
-
-
-
938
health
-
-
-
241
total
-
-
-
7 238
Employee
86 331
-
43 303
-
health
195
-
97
-
pensions
7 253
-
3 759
-
unemployment
-
-
-
-
city
927
-
464
-
national
409
-
89
-
regional
2 827
-
784
-
total
11 611
-
5 193
-
Employer
86 331
-
43 303
-
unemployment
-
-
-
-
health
195
-
97
-
pensions
7 253
-
3 759
-
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.

1 726
-
866
-
total
9 174
-
4 722
-
Corporate
-
48 500
-
-
regional
-
10 258
-
-
national
-
4 123
-
-
total
-
14 381
-
-
Dividends
-
34 119
-
-
withholding
-
11 942
-
-
total
-
11 942
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 785
26 323
9 915
7 238
After tax
27 715
22 177
38 585
41 262
Living cost
73 771
73 771
73 771
73 771
Free-cash
-46 056
-51 594
-35 186
-32 509

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5242
-₽18576
-₽6122
-₽7556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
242
trade
-
-
-
880
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.

-
-
-
4 399
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.

-
-
-
6 372
total
-
-
-
11 893
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
242
-
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.

6 592
-
4 399
-
total
13 327
-
11 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
48 500
-
-
chamber of commerce
-
211
-
-
trade
-
8 317
-
-
surtax

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

-
400
-
-
income
-
7 275
-
-
total
-
16 203
-
-
Dividends
-
32 297
-
-
withholding
-
7 719
-
-
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.

-
425
-
-
total
-
8 144
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 327
24 347
11 013
11 893
After tax
35 173
24 153
37 487
36 607
Living cost
42 729
42 729
42 729
42 729
Free-cash
-7 556
-18 576
-5 242
-6 122

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2187
-₽7468
-₽2733
-₽3886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
1 503
social contributions
-
-
-
1 382
income
-
-
-
1 917
pensions
-
-
-
14 098
health
-
-
-
421
total
-
-
-
19 321
Employee
39 919
-
36 956
-
social contributions
1 138
-
1 053
-
pensions
4 514
-
4 183
-
surtax
-
-
-
-
income
2 356
-
1 997
-
total
8 008
-
7 233
-
Employer
39 919
-
36 956
-
unemployment
1 616
-
1 497
-
health
2 795
-
2 588
-
pensions
6 558
-
6 071
-
other
1 377
-
1 274
-
social contributions
120
-
112
-
total
12 466
-
11 542
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
13 580
-
-
total
-
13 580
-
-
Dividends
-
34 920
-
-
withholding
-
4 469
-
-
surtax
-
-
-
-
social contributions
-
6 007
-
-
total
-
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 474
24 056
18 775
19 321
After tax
28 026
24 444
29 725
29 179
Living cost
31 912
31 912
31 912
31 912
Free-cash
-3 886
-7 468
-2 187
-2 733

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽975
-₽4306
₽429
₽877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
1 503
social contributions
-
-
-
1 382
income
-
-
-
1 917
pensions
-
-
-
14 098
health
-
-
-
421
total
-
-
-
19 321
Employee
35 634
-
36 956
-
social contributions
1 016
-
1 053
-
pensions
4 030
-
4 183
-
surtax
-
-
-
-
income
1 837
-
1 997
-
total
6 883
-
7 233
-
Employer
35 634
-
36 956
-
unemployment
1 443
-
1 497
-
health
2 494
-
2 588
-
pensions
5 855
-
6 071
-
other
1 230
-
1 274
-
social contributions
106
-
112
-
total
11 128
-
11 542
-
Corporate
1 738
48 500
-
-
surtax
-
-
-
-
income
487
13 580
-
-
total
487
13 580
-
-
Dividends
1 251
34 920
-
-
withholding
159
4 469
-
-
surtax
-
-
-
-
social contributions
216
6 007
-
-
total
375
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 873
24 056
18 775
19 321
After tax
29 627
24 444
29 725
29 179
Living cost
28 750
28 750
28 750
28 750
Free-cash
877
-4 306
975
429

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9488
₽9811
₽11369
₽10294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 692
income
-
-
-
7 275
health
-
-
-
3 386
total
-
-
-
17 353
Employee
31 625
-
48 500
-
health
2 207
-
3 386
-
social contributions
4 365
-
6 692
-
income
5 275
-
9 156
-
total
11 847
-
19 234
-
Employer
31 625
-
48 500
-
total
-
-
-
-
Corporate
16 875
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%.

844
2 425
-
-
total
844
2 425
-
-
Dividends
16 031
46 075
-
-
withholding
2 405
6 912
-
-
health
1 119
3 216
-
-
social contributions
2 213
6 358
-
-
total
5 737
16 486
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 428
18 911
19 234
17 353
After tax
30 072
29 589
29 266
31 147
Living cost
19 778
19 778
19 778
19 778
Free-cash
10 294
9 811
9 488
11 369

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13449
-₽5607
-₽5805
-₽12596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
195
unemployment
-
-
-
5 721
income
-
-
-
2 657
pensions
-
-
-
8 972
health
-
-
-
3 710
total
-
-
-
21 439
Employee
46 614
37 171
37 517
-
health
1 804
1 439
1 451
-
pensions
4 774
3 806
3 841
-
unemployment
1 398
1 115
1 126
-
other
466
372
375
-
income
5 307
2 742
2 813
-
total
13 749
9 474
9 606
-
Employer
46 614
37 171
37 517
-
unemployment
1 398
1 115
1 126
-
payroll
1 398
1 115
1 126
-
accident
605
483
489
-
health
1 761
1 405
1 418
-
pensions
5 850
4 666
4 708
-
other
2 214
1 765
1 782
-
surtax
184
184
184
-
chamber of commerce
186
149
150
-
total
13 596
10 882
10 983
-
Corporate
3 540
3 540
33 977
-
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.

885
885
8 494
-
total
885
885
8 494
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 230
21 241
29 083
21 439
After tax
20 270
27 259
19 417
27 061
Living cost
32 866
32 866
32 866
32 866
Free-cash
-12 596
-5 607
-13 449
-5 805

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12858
-₽6645
-₽7178
-₽37642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 149
communal

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

-
-
-
2 600
national
-
-
-
13 920
total
-
-
-
21 669
Employee

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

66 719
-
37 567
-
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.

3 135
-
1 765
-
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.

5 004
-
2 818
-
unemployment

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

581
-
327
-
national
20 512
-
9 545
-
communal

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

3 480
-
1 959
-
total
32 712
-
16 414
-
Employer

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

66 719
-
37 567
-
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.

974
-
549
-
accident

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

867
-
489
-
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.

4 103
-
2 310
-
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.

5 912
-
3 328
-
surtax
7 565
-
4 259
-
total
19 421
-
10 935
-
Corporate
-
48 500
-
-
surtax
-
195
-
-
income
-
9 700
-
-
total
-
9 895
-
-
Dividends
-
38 606
-
-
withholding

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

-
11 241
-
-
total
-
11 241
-
-
Income
48 500
48 500
48 500
48 500
Total tax
52 133
21 136
27 349
21 669
After tax
-3 633
27 364
21 151
26 831
Living cost
34 009
34 009
34 009
34 009
Free-cash
-37 642
-6 645
-12 858
-7 178

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6409
-₽905
-₽6781
-₽12729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48
unemployment
-
-
-
340
income
-
-
-
7 046
pensions
-
-
-
13 725
accident
-
-
-
437
total
-
-
-
21 596
Employee
46 429
-
36 775
-
pensions
2 182
-
1 729
-
unemployment
720
-
570
-
other
46
-
37
-
income
9 796
-
7 164
-
total
12 744
-
9 500
-
Employer
46 429
-
36 775
-
unemployment
2 554
-
2 023
-
accident
919
-
727
-
pensions
10 957
-
8 678
-
other
370
-
296
-
total
14 800
-
11 724
-
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.

-
7 275
-
-
total
-
7 275
-
-
Dividends
-
41 225
-
-
withholding
-
8 445
-
-
total
-
8 445
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 544
15 720
21 224
21 596
After tax
20 956
32 780
27 276
26 904
Living cost
33 685
33 685
33 685
33 685
Free-cash
-12 729
-905
-6 409
-6 781

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17475
-₽20174
-₽18269
-₽30573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
2 567
income
-
-
-
1 680
communal
-
-
-
-
pensions
-
-
-
7 760
accident
-
-
-
437
health
-
-
-
3 637
total
-
-
-
16 081
Employee
70 635
-
43 195
-
health
3 144
-
1 975
-
pensions
5 650
-
3 551
-
surtax
4 329
-
2 637
-
income
6 823
-
1 819
-
total
19 946
-
9 982
-
Employer
70 635
-
43 195
-
accident
635
-
400
-
health
2 154
-
1 354
-
pensions
5 650
-
3 551
-
total
8 439
-
5 305
-
Corporate
-
48 500
-
-
communal
-
3 275
-
-
surtax
-
510
-
-
income
-
7 275
-
-
total
-
11 060
-
-
Dividends
-
37 441
-
-
withholding
-
5 616
-
-
income
-
1 310
-
-
total
-
6 926
-
-
Income
48 500
48 500
48 500
48 500
Total tax
28 385
17 986
15 287
16 081
After tax
20 115
30 514
33 213
32 419
Living cost
50 688
50 688
50 688
50 688
Free-cash
-30 573
-20 174
-17 475
-18 269

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5644
₽9557
₽6860
₽6588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
306
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
7 029
pensions
-
-
-
9 700
health
-
-
-
3 443
total
-
-
-
20 690
Employee
31 411
-
40 066
-
health
802
-
1 023
-
pensions
2 096
-
2 673
-
unemployment
2 186
-
2 788
-
surtax
112
-
271
-
other
-
-
-
-
income
5 266
-
6 717
-
total
10 462
-
13 472
-
Employer
31 411
-
40 066
-
unemployment
997
-
1 271
-
health
1 428
-
1 823
-
pensions
4 188
-
5 340
-
other
-
-
-
-
total
6 613
-
8 434
-
Corporate
10 476
48 500
-
-
income
2 724
12 610
-
-
total
2 724
12 610
-
-
Dividends
7 752
35 890
-
-
withholding
1 163
5 383
-
-
total
1 163
5 383
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 962
17 993
21 906
20 690
After tax
27 538
30 507
26 594
27 810
Living cost
20 950
20 950
20 950
20 950
Free-cash
6 588
9 557
5 644
6 860

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1506
₽367
₽1216
-₽3241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
289
social contributions
-
-
-
12 473
national
-
-
-
8 664
regional
-
-
-
732
total
-
-
-
22 158
Employee
51 740
-
48 500
-
social contributions
17 447
-
16 353
-
national
8 197
-
7 618
-
regional
697
-
652
-
municipal
274
-
257
-
total
26 615
-
24 880
-
Employer
51 740
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
municipal
-
2 411
-
-
nationa
-
11 640
-
-
total
-
14 051
-
-
Dividends
-
34 449
-
-
withholding
-
8 956
-
-
total
-
8 956
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 615
23 007
24 880
22 158
After tax
21 885
25 493
23 620
26 342
Living cost
25 126
25 126
25 126
25 126
Free-cash
-3 241
367
-1 506
1 216

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3473
₽5307
-₽4463
-₽6844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 162
income
-
-
-
4 169
health
-
-
-
6 547
total
-
-
-
24 878
Employee
41 301
-
36 194
-
health
5 576
-
4 886
-
social contributions
2 685
-
2 353
-
solidarity contribution
-
-
-
-
income
4 956
-
4 343
-
total
13 217
-
11 582
-
Employer
41 301
-
36 194
-
health
3 717
-
3 257
-
social contributions
10 325
-
9 049
-
total
14 042
-
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
27 259
15 108
23 888
24 878
After tax
21 241
33 392
24 612
23 622
Living cost
28 085
28 085
28 085
28 085
Free-cash
-6 844
5 307
-3 473
-4 463

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10287
-₽2314
-₽2512
-₽4890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
195
unemployment
-
-
-
5 721
income
-
-
-
2 657
pensions
-
-
-
8 972
health
-
-
-
3 710
total
-
-
-
21 255
Employee
40 772
37 171
37 662
-
health
1 577
1 439
1 457
-
pensions
4 176
3 806
3 857
-
unemployment
1 223
1 115
1 129
-
other
407
372
377
-
income
3 632
2 742
2 843
-
total
11 015
9 474
9 663
-
Employer
40 772
37 171
37 662
-
unemployment
1 223
1 115
1 129
-
payroll
1 223
1 115
1 129
-
accident
529
483
490
-
health
1 542
1 405
1 423
-
pensions
5 117
4 666
4 726
-
other
1 936
1 765
1 790
-
surtax
-
-
-
-
chamber of commerce
163
149
150
-
total
11 733
10 698
10 837
-
Corporate
3 540
3 540
34 122
-
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.

885
885
8 530
-
total
885
885
8 530
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 633
21 057
29 030
21 255
After tax
24 867
27 443
19 470
27 245
Living cost
29 757
29 757
29 757
29 757
Free-cash
-4 890
-2 314
-10 287
-2 512

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27028
₽34303
₽36243
₽32096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
48 500
microenterprise

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

-
-
-
485
total
-
-
-
485
Employee
14 715
-
48 500
-
income
2 943
-
9 700
-
total
2 943
-
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%.

33 785
48 500
-
-
total
-
-
-
-
Dividends
33 785
48 500
-
-
withholding
1 689
2 425
-
-
total
1 689
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
4 632
2 425
9 700
485
After tax
43 868
46 075
38 800
48 015
Living cost
11 772
11 772
11 772
11 772
Free-cash
32 096
34 303
27 028
36 243

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽408
₽8375
₽1947
₽573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
73
income
-
-
-
7 833
pensions
-
-
-
8 857
health
-
-
-
4 772
total
-
-
-
21 535
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 246
-
41 967
-
health
2 664
-
2 712
-
pensions
6 393
-
6 505
-
unemployment
58
-
58
-
income
7 113
-
7 265
-
total
16 228
-
16 540
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 246
-
41 967
-
unemployment
25
-
25
-
health
2 747
-
2 795
-
pensions
3 650
-
3 714
-
total
6 422
-
6 534
-
Corporate
833
48 500
-
-
income
158
9 215
-
-
total
158
9 215
-
-
Dividends
675
39 285
-
-
withholding
101
5 892
-
-
total
101
5 892
-
-
Income
48 500
48 500
48 500
48 500
Total tax
22 909
15 107
23 074
21 535
After tax
25 591
33 393
25 426
26 965
Living cost
25 018
25 018
25 018
25 018
Free-cash
573
8 375
408
1 947

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3707
-₽10502
-₽6492
-₽89755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
18 993
12 198
14 983
After tax
-49 746
29 507
36 302
33 517
Living cost
40 009
40 009
40 009
40 009
Free-cash
-89 755
-10 502
-3 707
-6 492

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2211
-₽1670
-₽1067
-₽4587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
16 854
income
-
-
-
3 456
total
-
-
-
20 310
Employee
42 898
-
39 191
-
social contributions
4 719
-
4 312
-
surtax
-
-
-
-
income
8 923
-
7 833
-
total
13 642
-
12 145
-
Employer
42 898
-
39 191
-
social contributions
10 188
-
9 309
-
total
10 188
-
9 309
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
10 185
-
-
total
-
10 185
-
-
Dividends
-
38 315
-
-
withholding
-
10 728
-
-
total
-
10 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
23 830
20 913
21 454
20 310
After tax
24 670
27 587
27 046
28 190
Living cost
29 257
29 257
29 257
29 257
Free-cash
-4 587
-1 670
-2 211
-1 067

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15325
-₽20606
-₽15871
-₽28165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
1 503
social contributions
-
-
-
1 382
income
-
-
-
1 917
pensions
-
-
-
14 098
health
-
-
-
421
total
-
-
-
19 321
Employee
58 419
-
36 956
-
social contributions
1 664
-
1 053
-
pensions
6 608
-
4 183
-
surtax
-
-
-
-
income
5 097
-
1 997
-
total
13 369
-
7 233
-
Employer
58 419
-
36 956
-
unemployment
2 367
-
1 497
-
health
4 089
-
2 588
-
pensions
9 599
-
6 071
-
other
2 016
-
1 274
-
social contributions
175
-
112
-
total
18 246
-
11 542
-
Corporate
-
48 500
-
-
surtax
-
-
-
-
income
-
13 580
-
-
total
-
13 580
-
-
Dividends
-
34 920
-
-
withholding
-
4 469
-
-
surtax
-
-
-
-
social contributions
-
6 007
-
-
total
-
10 476
-
-
Income
48 500
48 500
48 500
48 500
Total tax
31 615
24 056
18 775
19 321
After tax
16 885
24 444
29 725
29 179
Living cost
45 050
45 050
45 050
45 050
Free-cash
-28 165
-20 606
-15 325
-15 871

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11225
₽15612
₽9792
₽12479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
29 986
-
41 990
-
social contributions
1 949
-
2 729
-
income
-
-
-
-
total
1 949
-
2 729
-
Employer
29 986
-
41 990
-
social contributions
4 648
-
6 508
-
total
4 648
-
6 508
-
Corporate
13 866
48 500
-
-
income
1 386
4 850
-
-
total
1 386
4 850
-
-
Dividends
12 480
43 650
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
7 983
4 850
9 237
10 670
After tax
40 517
43 650
39 263
37 830
Living cost
28 038
28 038
28 038
28 038
Free-cash
12 479
15 612
11 225
9 792

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154726
-₽154726
-₽13113
-₽154726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
7 607
labour market
-
-
-
3 815
national
-
-
-
4 461
pensions
-
-
-
809
total
-
-
-
16 692
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
158 305
158 305
158 305
16 692
After tax
-109 805
-109 805
-109 805
31 808
Living cost
44 921
44 921
44 921
44 921
Free-cash
-154 726
-154 726
-154 726
-13 113

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5091
-₽16594
₽13059
₽781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
8 325
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
14 919
Employee
32 282
-
40 289
-
health
3 697
-
4 613
-
pensions
3 635
-
4 536
-
income
4 429
-
5 527
-
total
11 761
-
14 676
-
Employer
32 282
-
40 289
-
unemployment
791
-
987
-
accident
539
-
673
-
pensions
5 249
-
6 551
-
total
6 579
-
8 211
-
Corporate
9 638
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.

8 674
43 650
-
-
total
8 674
43 650
-
-
Dividends
964
4 850
-
-
withholding
183
922
-
-
total
183
922
-
-
Income
48 500
48 500
48 500
48 500
Total tax
27 197
44 572
22 887
14 919
After tax
21 303
3 928
25 613
33 581
Living cost
20 522
20 522
20 522
20 522
Free-cash
781
-16 594
5 091
13 059

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5672
-₽2248
₽2487
-₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
48 500
municipal
-
-
-
8 666
national
-
-
-
1 179
health
-
-
-
358
total
-
-
-
10 203
Employee
49 073
-
40 802
-
health
366
-
239
-
pensions
3 312
-
2 754
-
unemployment
736
-
612
-
national
811
-
363
-
municipal
8 038
-
6 696
-
total
13 263
-
10 664
-
Employer
49 073
-
40 802
-
unemployment
319
-
266
-
accident
50
-
41
-
health
377
-
313
-
pensions
8 514
-
7 078
-
total
9 260
-
7 698
-
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
22 523
14 938
18 362
10 203
After tax
25 977
33 562
30 138
38 297
Living cost
35 810
35 810
35 810
35 810
Free-cash
-9 833
-2 248
-5 672
2 487

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10562
₽5812
₽17066
₽9087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 565
income
-
-
-
1 037
health
-
-
-
1 237
total
-
-
-
9 839
Employee
71 723
71 723
71 723
-
health
556
1 220
749
-
social contributions
2 712
5 953
3 655
-
income
7 809
6 639
7 470
-
total
11 077
13 812
11 874
-
Employer
71 723
71 723
71 723
-
health
604
1 328
814
-
social contributions
2 712
5 953
3 655
-
total
3 316
7 281
4 469
-
Corporate
12 513
-
-
-
income
1 565
-
-
-
total
1 565
-
-
-
Dividends
10 948
-
-
-
withholding
1 860
-
-
-
total
1 860
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 818
21 093
16 343
9 839
After tax
30 682
27 407
32 157
38 661
Living cost
21 595
21 595
21 595
21 595
Free-cash
9 087
5 812
10 562
17 066

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15265
₽25354
₽20377
₽20609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
3 979
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
13 314
Employee

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

21 409
-
43 972
-
health
1 820
-
3 738
-
pensions
3 211
-
6 595
-
unemployment
106
-
219
-
income
1 464
-
3 347
-
total
6 601
-
13 899
-
Employer

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

21 409
-
43 972
-
unemployment
106
-
219
-
health
920
-
1 890
-
pensions
1 177
-
2 418
-
total
2 203
-
4 527
-
Corporate
24 887
48 500
-
-
income
2 239
4 365
-
-
total
2 239
4 365
-
-
Dividends
22 648
44 135
-
-
withholding
2 039
3 972
-
-
total
2 039
3 972
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 082
8 337
18 426
13 314
After tax
35 418
40 163
30 074
35 186
Living cost
14 809
14 809
14 809
14 809
Free-cash
20 609
25 354
15 265
20 377

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1627
₽7131
₽1255
₽2077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48
unemployment
-
-
-
340
income
-
-
-
7 046
pensions
-
-
-
13 725
accident
-
-
-
437
total
-
-
-
21 596
Employee
34 489
-
36 775
-
pensions
1 621
-
1 729
-
unemployment
535
-
570
-
other
34
-
37
-
income
6 649
-
7 164
-
total
8 839
-
9 500
-
Employer
34 489
-
36 775
-
unemployment
1 897
-
2 023
-
accident
683
-
727
-
pensions
8 139
-
8 678
-
other
276
-
296
-
total
10 995
-
11 724
-
Corporate
3 016
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.

453
7 275
-
-
total
453
7 275
-
-
Dividends
2 563
41 225
-
-
withholding
487
8 445
-
-
total
487
8 445
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 774
15 720
21 224
21 596
After tax
27 726
32 780
27 276
26 904
Living cost
25 649
25 649
25 649
25 649
Free-cash
2 077
7 131
1 627
1 255

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28376
₽28365
₽28511
₽28053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 701
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
18 090
Employee
2 893
-
46 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
15 628
-
total
994
-
16 666
-
Employer
2 893
-
46 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
44 956
48 500
-
-
income
9 890
10 670
-
-
total
9 890
10 670
-
-
Dividends
35 066
37 830
-
-
withholding
7 013
7 566
-
-
total
7 013
7 566
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 548
18 236
18 225
18 090
After tax
29 952
30 264
30 275
30 410
Living cost
1 899
1 899
1 899
1 899
Free-cash
28 053
28 365
28 376
28 511

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10097
₽18908
₽8010
₽14319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
728
income
-
-
-
6 023
pensions
-
-
-
12 610
health
-
-
-
4 996
total
-
-
-
24 357
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.

24 328
-
41 137
-
health
1 253
-
2 119
-
pensions
3 406
-
5 759
-
unemployment
182
-
309
-
income
3 353
-
6 719
-
total
8 194
-
14 906
-
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.

24 328
-
41 137
-
unemployment
182
-
309
-
health
1 253
-
2 119
-
pensions
2 919
-
4 936
-
total
4 354
-
7 364
-
Corporate
19 817
48 500
-
-
income
2 973
7 275
-
-
total
2 973
7 275
-
-
Dividends
16 845
41 225
-
-
withholding
2 527
6 184
-
-
total
2 527
6 184
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 048
13 459
22 270
24 357
After tax
30 452
35 041
26 230
24 143
Living cost
16 133
16 133
16 133
16 133
Free-cash
14 319
18 908
10 097
8 010

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1900
₽2441
₽3044
₽2103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
16 854
income
-
-
-
3 456
total
-
-
-
20 310
Employee
36 201
-
39 191
-
social contributions
3 983
-
4 312
-
surtax
-
-
-
-
income
7 074
-
7 833
-
total
11 057
-
12 145
-
Employer
36 201
-
39 191
-
social contributions
8 597
-
9 309
-
total
8 597
-
9 309
-
Corporate
3 702
48 500
-
-
surtax
-
-
-
-
income
777
10 185
-
-
total
777
10 185
-
-
Dividends
2 925
38 315
-
-
withholding
820
10 728
-
-
total
820
10 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 251
20 913
21 454
20 310
After tax
27 249
27 587
27 046
28 190
Living cost
25 146
25 146
25 146
25 146
Free-cash
2 103
2 441
1 900
3 044

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5504
₽0
-₽5876
-₽10909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48
unemployment
-
-
-
340
income
-
-
-
7 046
pensions
-
-
-
13 725
accident
-
-
-
437
total
-
-
-
21 596
Employee
45 047
-
36 775
-
pensions
2 117
-
1 729
-
unemployment
697
-
570
-
other
44
-
37
-
income
9 409
-
7 164
-
total
12 267
-
9 500
-
Employer
45 047
-
36 775
-
unemployment
2 478
-
2 023
-
accident
892
-
727
-
pensions
10 631
-
8 678
-
other
361
-
296
-
total
14 362
-
11 724
-
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.

-
7 275
-
-
total
-
7 275
-
-
Dividends
-
41 225
-
-
withholding
-
8 445
-
-
total
-
8 445
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 629
15 720
21 224
21 596
After tax
21 871
32 780
27 276
26 904
Living cost
32 780
32 780
32 780
32 780
Free-cash
-10 909
-
-5 504
-5 876

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17122
₽25415
₽16471
₽19727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
7 275
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
15 977
Employee
21 255
-
42 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
4 210
-
total
5 204
-
8 930
-
Employer
21 255
-
42 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
23 075
48 500
-
-
income
2 308
4 850
-
-
total
2 308
4 850
-
-
Dividends
20 767
43 650
-
-
withholding
1 038
2 183
-
-
total
1 038
2 183
-
-
Income
48 500
48 500
48 500
48 500
Total tax
12 721
7 033
15 326
15 977
After tax
35 779
41 467
33 174
32 523
Living cost
16 052
16 052
16 052
16 052
Free-cash
19 727
25 415
17 122
16 471

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1477
-₽10859
₽741
₽1314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
242
trade
-
-
-
736
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.

-
-
-
4 399
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.

-
-
-
6 372
total
-
-
-
11 749
Employee

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

46 409
-
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.

6 372
-
6 372
-
surtax

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

211
-
242
-
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.

3 816
-
4 399
-
total
10 399
-
11 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 091
48 500
-
-
chamber of commerce
145
212
-
-
trade
301
6 960
-
-
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.

18
400
-
-
income
313
7 275
-
-
total
777
14 847
-
-
Dividends
1 314
33 653
-
-
withholding
-
8 059
-
-
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.

-
443
-
-
total
-
8 502
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 176
23 349
11 013
11 749
After tax
37 324
25 151
37 487
36 751
Living cost
36 010
36 010
36 010
36 010
Free-cash
1 314
-10 859
1 477
741

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14781
-₽19181
-₽14781
-₽24460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 779
social contributions
-
-
-
3 370
total
-
-
-
10 149
Employee
72 960
-
48 500
-
social contributions
6 061
-
3 370
-
income
13 767
-
6 779
-
total
19 828
-
10 149
-
Employer
72 960
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
income
-
6 062
-
-
total
-
6 062
-
-
Dividends
-
42 438
-
-
withholding
-
8 487
-
-
total
-
8 487
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 828
14 549
10 149
10 149
After tax
28 672
33 951
38 351
38 351
Living cost
53 132
53 132
53 132
53 132
Free-cash
-24 460
-19 181
-14 781
-14 781

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1063
-₽7063
-₽17590
-₽1858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
44 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
4 997
-
total
8 930
-
9 288
-
Employer
42 788
-
44 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
1 425
48 500
-
-
income
499
16 975
-
-
total
499
16 975
-
-
Dividends
926
31 525
-
-
social contributions
2 784
4 730
-
-
total
2 784
4 730
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 500
21 705
13 579
32 232
After tax
32 000
26 795
34 921
16 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
-1 858
-7 063
1 063
-17 590

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3047
₽1455
₽1681
-₽5127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 141
pensions
-
-
-
2 796
total
-
-
-
11 937
Employee
47 881
-
43 450
-
health
625
-
534
-
pensions
3 654
-
3 123
-
income
8 719
-
7 958
-
total
12 998
-
11 615
-
Employer
47 881
-
43 450
-
health
910
-
825
-
pensions
4 837
-
4 225
-
total
5 747
-
5 050
-
Corporate
-
48 500
-
-
income

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

-
9 216
-
-
total
-
9 216
-
-
Dividends
-
39 284
-
-
withholding
-
2 947
-
-
total
-
2 947
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 745
12 163
16 665
11 937
After tax
29 755
36 337
31 835
36 563
Living cost
34 882
34 882
34 882
34 882
Free-cash
-5 127
1 455
-3 047
1 681

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3059
-₽18626
₽11027
₽470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
8 325
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
14 919
Employee
35 478
-
40 289
-
health
4 062
-
4 613
-
pensions
3 995
-
4 536
-
income
4 867
-
5 527
-
total
12 924
-
14 676
-
Employer
35 478
-
40 289
-
unemployment
869
-
987
-
accident
592
-
673
-
pensions
5 768
-
6 551
-
total
7 229
-
8 211
-
Corporate
5 792
48 500
-
-
income

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

5 213
43 650
-
-
total
5 213
43 650
-
-
Dividends
579
4 850
-
-
withholding
110
922
-
-
total
110
922
-
-
Income
48 500
48 500
48 500
48 500
Total tax
25 476
44 572
22 887
14 919
After tax
23 024
3 928
25 613
33 581
Living cost
22 554
22 554
22 554
22 554
Free-cash
470
-18 626
3 059
11 027

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16313
₽28618
₽16313
₽24079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
582
health insurance
-
-
-
3 589
income
-
-
-
6 243
pensions
-
-
-
8 924
work injury
-
-
-
242
total
-
-
-
19 580
Employee

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

20 172
-
48 500
-
pensions
3 712
-
8 924
-
unemployment
242
-
582
-
work injury
101
-
242
-
health insurance
1 493
-
3 589
-
income
2 017
-
6 243
-
total
7 565
-
19 580
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 328
48 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
28 328
48 500
-
-
withholding
4 249
7 275
-
-
total
4 249
7 275
-
-
Income
48 500
48 500
48 500
48 500
Total tax
11 814
7 275
19 580
19 580
After tax
36 686
41 225
28 920
28 920
Living cost
12 607
12 607
12 607
12 607
Free-cash
24 079
28 618
16 313
16 313

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13530
-₽11612
-₽10837
-₽30099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
48 500
municipal
-
-
-
324
social contributions
-
-
-
12 473
national
-
-
-
8 664
regional
-
-
-
718
total
-
-
-
22 179
Employee
78 598
-
48 500
-
social contributions
26 503
-
16 353
-
national
13 282
-
7 618
-
regional
1 187
-
612
-
municipal
469
-
289
-
total
41 441
-
24 872
-
Employer
78 598
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
municipal
-
2 338
-
-
nationa
-
11 640
-
-
total
-
13 978
-
-
Dividends
-
34 522
-
-
withholding
-
8 976
-
-
total
-
8 976
-
-
Income
48 500
48 500
48 500
48 500
Total tax
41 441
22 954
24 872
22 179
After tax
7 059
25 546
23 628
26 321
Living cost
37 158
37 158
37 158
37 158
Free-cash
-30 099
-11 612
-13 530
-10 837

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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