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
₽ 49500
per

Your estimated
City
free-cash

Dresden , Germany
-₽5599
₽5638
₽7346
₽7703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
trade
-
-
-
357
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.

-
-
-
3 868
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.

-
-
-
6 941
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.

-
-
-
212
total
-
-
-
11 378
Employee

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

38 862
-
49 500
-
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.

6 941
-
6 941
-
surtax

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

60
-
212
-
income

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

1 086
-
3 868
-
total
8 087
-
11 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 638
49 500
-
-
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.

89
409
-
-
income
1 597
7 425
-
-
trade
1 676
7 796
-
-
chamber of commerce
170
226
-
-
total
3 532
15 856
-
-
Dividends
7 107
33 645
-
-
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.

77
442
-
-
withholding
1 390
8 025
-
-
total
1 467
8 467
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 086
24 323
11 021
11 378
After tax
36 414
25 177
38 479
38 122
Living cost
30 776
30 776
30 776
30 776
Free-cash
5 638
-5 599
7 703
7 346

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20379
-₽37185
-₽19742
-₽19353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
4 512
pensions
-
-
-
5 940
national
-
-
-
6 991
social contributions
-
-
-
532
total
-
-
-
17 975
Employee
79 474
-
42 792
-
municipal
9 816
-
4 703
-
pensions
3 179
-
1 712
-
national
15 211
-
7 288
-
total
28 206
-
13 703
-
Employer
79 474
-
42 792
-
social contributions
854
-
460
-
pensions
6 358
-
3 423
-
total
7 212
-
3 883
-
Corporate
-
49 500
-
-
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%.

-
9 900
-
-
total
-
9 900
-
-
Dividends
-
39 600
-
-
withholding
-
8 712
-
-
total
-
8 712
-
-
Income
49 500
49 500
49 500
49 500
Total tax
35 418
18 612
17 586
17 975
After tax
14 082
30 888
31 914
31 525
Living cost
51 267
51 267
51 267
51 267
Free-cash
-37 185
-20 379
-19 353
-19 742

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18463
₽10127
₽17738
₽7263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
microenterprise
-
-
-
7 425
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
10 624
Employee
29 690
-
39 890
-
social contributions

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

3 266
-
4 389
-
surtax
-
-
-
-
income
5 285
-
7 100
-
total
8 551
-
11 489
-
Employer
29 690
-
39 890
-
social contributions

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

7 152
-
9 610
-
surtax
-
-
-
-
total
7 152
-
9 610
-
Corporate
12 659
49 500
-
-
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%.

2 532
9 899
-
-
total
2 532
9 899
-
-
Dividends

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

10 127
39 601
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 235
9 899
21 099
10 624
After tax
31 265
39 601
28 401
38 876
Living cost
21 138
21 138
21 138
21 138
Free-cash
10 127
18 463
7 263
17 738

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽45693
-₽51396
-₽14175
-₽51396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
4 604
pensions
-
-
-
8 910
health
-
-
-
7 597
total
-
-
-
21 111
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
58 332
52 629
58 332
21 111
After tax
-8 832
-3 129
-8 832
28 389
Living cost
42 564
42 564
42 564
42 564
Free-cash
-51 396
-45 693
-51 396
-14 175

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12115
-₽23798
-₽14468
-₽12709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
10 485
accident
-
-
-
99
pensions
-
-
-
5 351
other
-
-
-
5 752
unemployment
-
-
-
50
health
-
-
-
3 089
national
-
-
-
-
total
-
-
-
24 826
Employee
55 773
-
37 666
-
municipal
16 632
-
11 232
-
national
-
-
-
-
total
16 632
-
11 232
-
Employer
55 773
-
37 666
-
accident
112
-
75
-
other
6 481
-
4 377
-
unemployment
1 472
-
994
-
pensions
6 029
-
4 072
-
health
3 430
-
2 317
-
total
17 524
-
11 835
-
Corporate
-
49 500
-
-
income
-
10 890
-
-
total
-
10 890
-
-
Dividends
-
38 610
-
-
withholding
-
11 583
-
-
total
-
11 583
-
-
Income
49 500
49 500
49 500
49 500
Total tax
34 156
22 473
23 067
24 826
After tax
15 344
27 027
26 433
24 674
Living cost
39 142
39 142
39 142
39 142
Free-cash
-23 798
-12 115
-12 709
-14 468

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14992
-₽2026
-₽1808
-₽1436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
trade
-
-
-
372
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.

-
-
-
3 868
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.

-
-
-
6 941
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.

-
-
-
212
total
-
-
-
11 393
Employee

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

51 527
-
49 500
-
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.

6 941
-
6 941
-
surtax

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

243
-
212
-
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.

4 427
-
3 868
-
total
11 611
-
11 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
49 500
-
-
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.

-
409
-
-
income
-
7 425
-
-
trade
-
8 143
-
-
chamber of commerce
-
226
-
-
total
-
16 203
-
-
Dividends
-
33 298
-
-
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.

-
436
-
-
withholding
-
7 938
-
-
total
-
8 374
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 611
24 577
11 021
11 393
After tax
37 889
24 923
38 479
38 107
Living cost
39 915
39 915
39 915
39 915
Free-cash
-2 026
-14 992
-1 436
-1 808

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6432
-₽877
₽6977
-₽737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
582
health
-
-
-
1 263
social contributions
-
-
-
7 722
total
-
-
-
9 567
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
3 729
-
health
777
1 329
764
-
income
8 204
7 233
8 228
-
total
12 778
15 046
12 721
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
3 729
-
health
846
1 446
831
-
total
4 643
7 930
4 560
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 421
22 976
17 281
9 567
After tax
32 079
26 524
32 219
39 933
Living cost
32 956
32 956
32 956
32 956
Free-cash
-877
-6 432
-737
6 977

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9675
₽10060
₽15889
₽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
-
-
-
49 500
income
-
-
-
6 051
pensions
-
-
-
4 950
unemployment
-
-
-
743
health
-
-
-
3 465
total
-
-
-
15 209
Employee

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
41 423
-
health
1 859
740
2 900
-
income
3 247
1 292
5 064
-
pensions
2 656
1 057
4 142
-
unemployment
398
159
621
-
total
8 160
3 248
12 727
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
41 423
-
pensions
5 180
2 062
8 077
-
total
5 180
2 062
8 077
-
Corporate
17 756
36 866
-
-
income
1 598
3 318
-
-
total
1 598
3 318
-
-
Dividends
16 158
33 548
-
-
social contributions
3 030
6 421
-
-
withholding
3 070
6 374
-
-
total
6 100
12 795
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 038
21 423
20 804
15 209
After tax
28 462
28 077
28 696
34 291
Living cost
18 402
18 402
18 402
18 402
Free-cash
10 060
9 675
10 294
15 889

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15059
₽8746
₽3704
₽5428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
4 919
pensions
-
-
-
9 901
health
-
-
-
6 434
total
-
-
-
21 254
Employee
28 824
-
36 994
-
income
3 245
-
5 696
-
pensions
577
-
740
-
unemployment
461
-
592
-
total
4 283
-
7 028
-
Employer
28 824
-
36 994
-
unemployment
231
-
295
-
pensions
5 765
-
7 398
-
health
3 746
-
4 809
-
total
9 742
-
12 502
-
Corporate
10 933
49 500
-
-
income
2 187
9 899
-
-
total
2 187
9 899
-
-
Dividends
8 746
39 601
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 212
9 899
19 530
21 254
After tax
33 288
39 601
29 970
28 246
Living cost
24 542
24 542
24 542
24 542
Free-cash
8 746
15 059
5 428
3 704

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18180
₽605
₽12109
₽3950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
255
income
-
-
-
8 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 201
Employee
34 905
-
41 120
-
health
3 997
-
4 708
-
income
4 789
-
5 641
-
pensions
3 930
-
4 630
-
total
12 716
-
14 979
-
Employer
34 905
-
41 120
-
accident
583
-
687
-
unemployment
855
-
1 008
-
pensions
5 676
-
6 686
-
total
7 114
-
8 381
-
Corporate
7 481
49 500
-
-
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.

6 733
44 550
-
-
total
6 733
44 550
-
-
Dividends
748
4 950
-
-
withholding
142
940
-
-
total
142
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 705
45 490
23 360
15 201
After tax
22 795
4 010
26 140
34 299
Living cost
22 190
22 190
22 190
22 190
Free-cash
605
-18 180
3 950
12 109

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37763
₽36027
₽39743
₽30338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
11 577
-
49 500
-
income
2 315
-
9 900
-
total
2 315
-
9 900
-
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%.

37 923
49 500
-
-
total
-
-
-
-
Dividends
37 923
49 500
-
-
withholding
1 896
2 475
-
-
total
1 896
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
4 211
2 475
9 900
495
After tax
45 289
47 025
39 600
49 005
Living cost
9 262
9 262
9 262
9 262
Free-cash
36 027
37 763
30 338
39 743

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽9293
₽2432
-₽270
₽1943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
6 288
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.

-
-
-
11 879
other
-
-
-
2 350
health
-
-
-
2 179
total
-
-
-
22 696
Employee
36 892
-
39 537
-
health
517
-
553
-
income
6 351
-
6 806
-
pensions

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

2 582
-
2 767
-
unemployment
368
-
395
-
total
9 818
-
10 521
-
Employer
36 892
-
39 537
-
accident
295
-
316
-
other
1 845
-
1 976
-
unemployment
368
-
395
-
pensions

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

6 272
-
6 722
-
health
517
-
553
-
total
9 297
-
9 962
-
Corporate
3 310
49 500
-
-
income
696
10 395
-
-
total
696
10 395
-
-
Dividends
2 614
39 105
-
-
withholding
183
2 738
-
-
total
183
2 738
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 994
13 133
20 483
22 696
After tax
29 506
36 367
29 017
26 804
Living cost
27 074
27 074
27 074
27 074
Free-cash
2 432
9 293
1 943
-270

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31310
-₽60536
-₽30997
-₽35700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
9 352
pensions
-
-
-
2 748
total
-
-
-
12 100
Employee
96 771
-
44 450
-
health
1 595
-
523
-
income
17 444
-
8 174
-
pensions
9 336
-
3 056
-
total
28 375
-
11 753
-
Employer
96 771
-
44 450
-
pensions
11 426
-
4 205
-
health
1 838
-
845
-
total
13 264
-
5 050
-
Corporate
-
49 500
-
-
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.

-
9 406
-
-
total
-
9 406
-
-
Dividends
-
40 094
-
-
withholding
-
3 007
-
-
total
-
3 007
-
-
Income
49 500
49 500
49 500
49 500
Total tax
41 639
12 413
16 803
12 100
After tax
7 861
37 087
32 697
37 400
Living cost
68 397
68 397
68 397
68 397
Free-cash
-60 536
-31 310
-35 700
-30 997

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29001
₽24282
₽19276
₽19822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
7 425
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
16 902
Employee
17 640
-
42 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
4 254
-
pensions

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

1 549
-
3 116
-
total
4 318
-
9 393
-
Employer
17 640
-
42 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
28 398
49 500
-
-
income
2 839
4 950
-
-
total
2 839
4 950
-
-
Dividends
25 559
44 550
-
-
withholding
1 278
2 227
-
-
total
1 278
2 227
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 896
7 177
16 356
16 902
After tax
37 604
42 323
33 144
32 598
Living cost
13 322
13 322
13 322
13 322
Free-cash
24 282
29 001
19 822
19 276

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽59471
-₽61195
-₽27953
-₽65174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
4 604
pensions
-
-
-
8 910
health
-
-
-
7 597
total
-
-
-
21 111
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
54 353
52 629
58 332
21 111
After tax
-4 853
-3 129
-8 832
28 389
Living cost
56 342
56 342
56 342
56 342
Free-cash
-61 195
-59 471
-65 174
-27 953

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9807
₽1147
-₽165
₽845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
4 255
health
-
-
-
6 682
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 454
total
-
-
-
25 391
Employee
35 696
-
36 940
-
social contributions
2 320
-
2 401
-
health
4 819
-
4 987
-
solidarity contribution
-
-
-
-
income
4 284
-
4 433
-
total
11 423
-
11 821
-
Employer
35 696
-
36 940
-
social contributions
8 924
-
9 235
-
health
3 213
-
3 325
-
total
12 137
-
12 560
-
Corporate
1 667
49 500
-
-
income
317
9 405
-
-
total
317
9 405
-
-
Dividends
1 350
40 095
-
-
withholding
202
6 014
-
-
total
202
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 079
15 419
24 381
25 391
After tax
25 421
34 081
25 119
24 109
Living cost
24 274
24 274
24 274
24 274
Free-cash
1 147
9 807
845
-165

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16463
-₽40801
-₽15651
-₽18446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
295
regional
-
-
-
479
national
-
-
-
8 771
social contributions
-
-
-
12 732
total
-
-
-
22 277
Employee
90 301
-
49 500
-
social contributions
30 450
-
16 692
-
regional
852
-
417
-
municipal
478
-
262
-
national
15 647
-
7 701
-
total
47 427
-
25 072
-
Employer
90 301
-
49 500
-
total
-
-
-
-
Corporate
-
49 500
-
-
nationa
-
11 879
-
-
municipal
-
1 930
-
-
total
-
13 809
-
-
Dividends
-
35 690
-
-
withholding
-
9 280
-
-
total
-
9 280
-
-
Income
49 500
49 500
49 500
49 500
Total tax
47 427
23 089
25 072
22 277
After tax
2 073
26 411
24 428
27 223
Living cost
42 874
42 874
42 874
42 874
Free-cash
-40 801
-16 463
-18 446
-15 651

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8713
₽5552
₽5983
₽4754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
7 171
pensions
-
-
-
9 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 515
surtax
-
-
-
280
total
-
-
-
21 096
Employee
33 601
-
40 893
-
other
-
-
-
-
health
858
-
1 043
-
surtax
110
-
245
-
income
5 632
-
6 855
-
pensions
2 241
-
2 728
-
unemployment
2 339
-
2 846
-
total
11 180
-
13 717
-
Employer
33 601
-
40 893
-
other
-
-
-
-
unemployment
1 064
-
1 296
-
pensions
4 479
-
5 451
-
health
1 529
-
1 861
-
total
7 072
-
8 608
-
Corporate
8 827
49 500
-
-
income
2 295
12 871
-
-
total
2 295
12 871
-
-
Dividends
6 532
36 629
-
-
withholding
980
5 495
-
-
total
980
5 495
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 527
18 366
22 325
21 096
After tax
27 973
31 134
27 175
28 404
Living cost
22 421
22 421
22 421
22 421
Free-cash
5 552
8 713
4 754
5 983

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9640
-₽23605
-₽9327
-₽14030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
9 352
pensions
-
-
-
2 748
total
-
-
-
12 100
Employee
64 853
-
44 450
-
health
941
-
523
-
income
11 680
-
8 174
-
pensions
5 505
-
3 056
-
total
18 126
-
11 753
-
Employer
64 853
-
44 450
-
pensions
7 020
-
4 205
-
health
1 232
-
845
-
total
8 252
-
5 050
-
Corporate
-
49 500
-
-
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.

-
9 406
-
-
total
-
9 406
-
-
Dividends
-
40 094
-
-
withholding
-
3 007
-
-
total
-
3 007
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 378
12 413
16 803
12 100
After tax
23 122
37 087
32 697
37 400
Living cost
46 727
46 727
46 727
46 727
Free-cash
-23 605
-9 640
-14 030
-9 327

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54990
-₽49996
-₽35493
-₽38310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
city
-
-
-
520
pensions
-
-
-
4 556
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.

-
-
-
991
regional
-
-
-
933
health
-
-
-
253
national
-
-
-
114
total
-
-
-
7 367
Employee
90 843
-
44 145
-
city
975
-
473
-
regional
2 975
-
772
-
health
205
-
100
-
pensions
7 632
-
3 886
-
unemployment
-
-
-
-
national
430
-
84
-
total
12 217
-
5 315
-
Employer
90 843
-
44 145
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 816
-
883
-
unemployment
-
-
-
-
pensions
7 632
-
3 886
-
health
205
-
100
-
total
9 653
-
4 869
-
Corporate
-
49 500
-
-
regional
-
10 469
-
-
national
-
4 207
-
-
total
-
14 676
-
-
Dividends
-
34 824
-
-
withholding
-
12 188
-
-
total
-
12 188
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 870
26 864
10 184
7 367
After tax
27 630
22 636
39 316
42 133
Living cost
77 626
77 626
77 626
77 626
Free-cash
-49 996
-54 990
-38 310
-35 493

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21878
-₽11563
-₽8455
-₽8067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
trade
-
-
-
388
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.

-
-
-
3 868
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.

-
-
-
6 941
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.

-
-
-
212
total
-
-
-
11 409
Employee

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

61 064
-
49 500
-
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.

6 941
-
6 941
-
surtax

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

395
-
212
-
income

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

7 181
-
3 868
-
total
14 517
-
11 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
49 500
-
-
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.

-
409
-
-
income
-
7 425
-
-
trade
-
8 490
-
-
chamber of commerce
-
224
-
-
total
-
16 548
-
-
Dividends
-
32 952
-
-
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.

-
432
-
-
withholding
-
7 852
-
-
total
-
8 284
-
-
Income
49 500
49 500
49 500
49 500
Total tax
14 517
24 832
11 021
11 409
After tax
34 983
24 668
38 479
38 091
Living cost
46 546
46 546
46 546
46 546
Free-cash
-11 563
-21 878
-8 067
-8 455

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9815
-₽7566
-₽4899
-₽4252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
1 774
pensions
-
-
-
14 490
other
-
-
-
1 535
health
-
-
-
428
surtax
-
-
-
-
social contributions
-
-
-
1 409
total
-
-
-
19 636
Employee
43 486
-
37 721
-
social contributions
1 240
-
1 074
-
surtax
-
-
-
-
income
2 566
-
1 870
-
pensions
4 917
-
4 265
-
total
8 723
-
7 209
-
Employer
43 486
-
37 721
-
other
1 500
-
1 302
-
social contributions
131
-
114
-
unemployment
1 760
-
1 527
-
pensions
7 144
-
6 197
-
health
3 045
-
2 640
-
total
13 580
-
11 780
-
Corporate
-
49 500
-
-
surtax
-
-
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
35 640
-
-
surtax
-
-
-
-
social contributions
-
6 130
-
-
withholding
-
4 562
-
-
total
-
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 303
24 552
18 989
19 636
After tax
27 197
24 948
30 511
29 864
Living cost
34 763
34 763
34 763
34 763
Free-cash
-7 566
-9 815
-4 252
-4 899

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6371
-₽1439
-₽1455
-₽808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
1 774
pensions
-
-
-
14 490
other
-
-
-
1 535
health
-
-
-
428
surtax
-
-
-
-
social contributions
-
-
-
1 409
total
-
-
-
19 636
Employee
38 817
-
37 721
-
social contributions
1 107
-
1 074
-
surtax
-
-
-
-
income
2 001
-
1 870
-
pensions
4 390
-
4 265
-
total
7 498
-
7 209
-
Employer
38 817
-
37 721
-
other
1 340
-
1 302
-
social contributions
116
-
114
-
unemployment
1 571
-
1 527
-
pensions
6 378
-
6 197
-
health
2 717
-
2 640
-
total
12 122
-
11 780
-
Corporate
-
49 500
-
-
surtax
-
-
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
35 640
-
-
surtax
-
-
-
-
social contributions
-
6 130
-
-
withholding
-
4 562
-
-
total
-
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 620
24 552
18 989
19 636
After tax
29 880
24 948
30 511
29 864
Living cost
31 319
31 319
31 319
31 319
Free-cash
-1 439
-6 371
-808
-1 455

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8654
₽9182
₽10243
₽8459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
7 425
health
-
-
-
3 455
social contributions
-
-
-
6 832
total
-
-
-
17 712
Employee
34 451
-
49 500
-
social contributions
4 755
-
6 832
-
health
2 404
-
3 455
-
income
5 746
-
9 209
-
total
12 905
-
19 496
-
Employer
34 451
-
49 500
-
total
-
-
-
-
Corporate
15 049
49 500
-
-
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%.

752
2 476
-
-
total
752
2 476
-
-
Dividends
14 297
47 024
-
-
health
999
3 282
-
-
social contributions
1 973
6 490
-
-
withholding
2 144
7 053
-
-
total
5 116
16 825
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 773
19 301
19 496
17 712
After tax
30 727
30 199
30 004
31 788
Living cost
21 545
21 545
21 545
21 545
Free-cash
9 182
8 654
8 459
10 243

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9442
-₽17054
-₽8157
-₽16230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
chamber of commerce
-
-
-
199
income
-
-
-
2 279
pensions
-
-
-
9 157
unemployment
-
-
-
6 232
health
-
-
-
3 787
surtax
-
-
-
201
total
-
-
-
21 855
Employee
50 778
40 492
40 492
-
other
507
405
382
-
health
1 965
1 568
1 477
-
income
5 781
2 987
3 093
-
pensions
5 200
4 146
3 906
-
unemployment
1 523
1 215
1 145
-
total
14 976
10 321
10 003
-
Employer
50 778
40 492
40 492
-
accident
659
526
496
-
other
2 412
1 922
1 903
-
chamber of commerce
202
162
162
-
unemployment
1 523
1 215
1 145
-
surtax
201
201
201
-
pensions
6 373
5 083
4 788
-
payroll
1 523
1 215
1 215
-
health
1 919
1 531
1 442
-
total
14 812
11 855
11 352
-
Corporate
3 856
3 856
34 293
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

964
964
8 573
-
total
964
964
8 573
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
30 752
23 140
29 928
21 855
After tax
18 748
26 360
19 572
27 645
Living cost
35 802
35 802
35 802
35 802
Free-cash
-17 054
-9 442
-16 230
-8 157

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9094
-₽44337
-₽9135
-₽15217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
national
-
-
-
14 003
communal

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

-
-
-
2 676
social contributions
-
-
-
4 909
total
-
-
-
21 588
Employee

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

72 680
-
38 340
-
communal

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

3 791
-
2 000
-
health

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

3 415
-
1 803
-
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.

5 451
-
2 875
-
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.

632
-
334
-
national
22 345
-
9 499
-
total
35 634
-
16 511
-
Employer

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

72 680
-
38 340
-
accident

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

945
-
499
-
unemployment

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

1 060
-
559
-
surtax
8 241
-
4 346
-
pensions

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

6 440
-
3 397
-
health

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

4 470
-
2 358
-
total
21 156
-
11 159
-
Corporate
-
49 500
-
-
surtax
-
199
-
-
income
-
9 899
-
-
total
-
10 098
-
-
Dividends
-
39 402
-
-
withholding

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

-
11 449
-
-
total
-
11 449
-
-
Income
49 500
49 500
49 500
49 500
Total tax
56 790
21 547
27 670
21 588
After tax
-7 290
27 953
21 830
27 912
Living cost
37 047
37 047
37 047
37 047
Free-cash
-44 337
-9 094
-15 217
-9 135

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3222
-₽17198
-₽9160
-₽8778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
445
income
-
-
-
7 116
pensions
-
-
-
14 008
other
-
-
-
50
unemployment
-
-
-
347
total
-
-
-
21 966
Employee
50 577
-
37 534
-
other
50
-
37
-
income
10 671
-
7 235
-
pensions
2 377
-
1 764
-
unemployment
785
-
582
-
total
13 883
-
9 618
-
Employer
50 577
-
37 534
-
accident
1 001
-
742
-
other
403
-
301
-
unemployment
2 782
-
2 065
-
pensions
11 935
-
8 858
-
total
16 121
-
11 966
-
Corporate
-
49 500
-
-
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.

-
7 425
-
-
total
-
7 425
-
-
Dividends
-
42 075
-
-
withholding
-
8 603
-
-
total
-
8 603
-
-
Income
49 500
49 500
49 500
49 500
Total tax
30 004
16 028
21 584
21 966
After tax
19 496
33 472
27 916
27 534
Living cost
36 694
36 694
36 694
36 694
Free-cash
-17 198
-3 222
-8 778
-9 160

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24075
-₽36638
-₽21939
-₽21713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
445
income
-
-
-
1 524
pensions
-
-
-
7 921
health
-
-
-
3 712
surtax
-
-
-
2 620
communal
-
-
-
-
total
-
-
-
16 222
Employee
76 946
-
43 721
-
health
3 424
-
2 152
-
surtax
4 716
-
2 640
-
income
7 432
-
1 557
-
pensions
6 155
-
3 868
-
total
21 727
-
10 217
-
Employer
76 946
-
43 721
-
accident
692
-
436
-
pensions
6 155
-
3 868
-
health
2 347
-
1 475
-
total
9 194
-
5 779
-
Corporate
-
49 500
-
-
surtax
-
521
-
-
communal
-
3 342
-
-
income
-
7 425
-
-
total
-
11 288
-
-
Dividends
-
38 212
-
-
income
-
1 338
-
-
withholding
-
5 732
-
-
total
-
7 070
-
-
Income
49 500
49 500
49 500
49 500
Total tax
30 921
18 358
15 996
16 222
After tax
18 579
31 142
33 504
33 278
Living cost
55 217
55 217
55 217
55 217
Free-cash
-36 638
-24 075
-21 713
-21 939

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8312
₽5083
₽5582
₽4353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
7 171
pensions
-
-
-
9 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 515
surtax
-
-
-
280
total
-
-
-
21 096
Employee
34 217
-
40 893
-
other
-
-
-
-
health
873
-
1 043
-
surtax
121
-
245
-
income
5 736
-
6 855
-
pensions
2 283
-
2 728
-
unemployment
2 381
-
2 846
-
total
11 394
-
13 717
-
Employer
34 217
-
40 893
-
other
-
-
-
-
unemployment
1 086
-
1 296
-
pensions
4 562
-
5 451
-
health
1 556
-
1 861
-
total
7 204
-
8 608
-
Corporate
8 079
49 500
-
-
income
2 100
12 871
-
-
total
2 100
12 871
-
-
Dividends
5 979
36 629
-
-
withholding
897
5 495
-
-
total
897
5 495
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 595
18 366
22 325
21 096
After tax
27 905
31 134
27 175
28 404
Living cost
22 822
22 822
22 822
22 822
Free-cash
5 083
8 312
4 353
5 582

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1351
-₽6864
-₽416
-₽3192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
295
regional
-
-
-
747
national
-
-
-
8 771
social contributions
-
-
-
12 732
total
-
-
-
22 545
Employee
56 363
-
49 500
-
social contributions
19 006
-
16 692
-
regional
759
-
666
-
municipal
299
-
262
-
national
8 929
-
7 701
-
total
28 993
-
25 321
-
Employer
56 363
-
49 500
-
total
-
-
-
-
Corporate
-
49 500
-
-
nationa
-
11 879
-
-
municipal
-
2 460
-
-
total
-
14 339
-
-
Dividends
-
35 160
-
-
withholding
-
9 141
-
-
total
-
9 141
-
-
Income
49 500
49 500
49 500
49 500
Total tax
28 993
23 480
25 321
22 545
After tax
20 507
26 020
24 179
26 955
Living cost
27 371
27 371
27 371
27 371
Free-cash
-6 864
-1 351
-3 192
-416

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4170
-₽9442
-₽5802
-₽4792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
4 255
health
-
-
-
6 682
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 454
total
-
-
-
25 391
Employee
43 987
-
36 940
-
social contributions
2 859
-
2 401
-
health
5 938
-
4 987
-
solidarity contribution
-
-
-
-
income
5 278
-
4 433
-
total
14 075
-
11 821
-
Employer
43 987
-
36 940
-
social contributions
10 997
-
9 235
-
health
3 959
-
3 325
-
total
14 956
-
12 560
-
Corporate
-
49 500
-
-
income
-
9 405
-
-
total
-
9 405
-
-
Dividends
-
40 095
-
-
withholding
-
6 014
-
-
total
-
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
29 031
15 419
24 381
25 391
After tax
20 469
34 081
25 119
24 109
Living cost
29 911
29 911
29 911
29 911
Free-cash
-9 442
4 170
-4 792
-5 802

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5855
-₽8659
-₽4570
-₽12741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
chamber of commerce
-
-
-
199
income
-
-
-
2 279
pensions
-
-
-
9 157
unemployment
-
-
-
6 232
health
-
-
-
3 787
surtax
-
-
-
-
total
-
-
-
21 654
Employee
44 415
40 492
40 492
-
other
443
405
384
-
health
1 718
1 568
1 483
-
income
3 957
2 987
3 085
-
pensions
4 549
4 146
3 924
-
unemployment
1 332
1 215
1 149
-
total
11 999
10 321
10 025
-
Employer
44 415
40 492
40 492
-
accident
577
526
497
-
other
2 109
1 922
1 905
-
chamber of commerce
177
162
162
-
unemployment
1 332
1 215
1 149
-
surtax
-
-
-
-
pensions
5 574
5 083
4 809
-
payroll
1 332
1 215
1 215
-
health
1 679
1 531
1 448
-
total
12 780
11 654
11 185
-
Corporate
3 856
3 856
34 458
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

964
964
8 615
-
total
964
964
8 615
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 743
22 939
29 825
21 654
After tax
23 757
26 561
19 675
27 846
Living cost
32 416
32 416
32 416
32 416
Free-cash
-8 659
-5 855
-12 741
-4 570

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32592
₽29886
₽34572
₽25167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
18 041
-
49 500
-
income
3 608
-
9 900
-
total
3 608
-
9 900
-
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%.

31 459
49 500
-
-
total
-
-
-
-
Dividends
31 459
49 500
-
-
withholding
1 573
2 475
-
-
total
1 573
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
5 181
2 475
9 900
495
After tax
44 319
47 025
39 600
49 005
Living cost
14 433
14 433
14 433
14 433
Free-cash
29 886
32 592
25 167
34 572

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽6827
-₽2428
₽374
-₽1196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
income
-
-
-
7 887
pensions
-
-
-
9 039
unemployment
-
-
-
75
health
-
-
-
4 872
total
-
-
-
21 873
Employee

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

44 931
-
42 832
-
health
2 902
-
2 767
-
income
7 748
-
7 309
-
pensions
6 965
-
6 639
-
unemployment
64
-
60
-
total
17 679
-
16 775
-
Employer

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

44 931
-
42 832
-
unemployment
27
-
25
-
pensions
3 976
-
3 791
-
health
2 993
-
2 852
-
total
6 996
-
6 668
-
Corporate
-
49 500
-
-
income
-
9 406
-
-
total
-
9 406
-
-
Dividends
-
40 094
-
-
withholding
-
6 014
-
-
total
-
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 675
15 420
23 443
21 873
After tax
24 825
34 080
26 057
27 627
Living cost
27 253
27 253
27 253
27 253
Free-cash
-2 428
6 827
-1 196
374

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13777
-₽102177
-₽9685
-₽7775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
9 649
social contributions
-
-
-
5 643
total
-
-
-
15 292
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
49 500
-
-
income
-
10 890
-
-
total
-
10 890
-
-
Dividends
-
38 610
-
-
income
-
8 494
-
-
total
-
8 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
107 784
19 384
13 382
15 292
After tax
-58 284
30 116
36 118
34 208
Living cost
43 893
43 893
43 893
43 893
Free-cash
-102 177
-13 777
-7 775
-9 685

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3716
-₽8331
-₽2993
-₽4119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
income
-
-
-
3 421
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
20 622
Employee
46 731
-
40 000
-
social contributions
5 141
-
4 400
-
surtax
-
-
-
-
income
9 720
-
7 848
-
total
14 861
-
12 248
-
Employer
46 731
-
40 000
-
social contributions
11 099
-
9 500
-
total
11 099
-
9 500
-
Corporate
-
49 500
-
-
surtax
-
-
-
-
income
-
10 395
-
-
total
-
10 395
-
-
Dividends
-
39 105
-
-
withholding
-
10 950
-
-
total
-
10 950
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 960
21 345
21 748
20 622
After tax
23 540
28 155
27 752
28 878
Living cost
31 871
31 871
31 871
31 871
Free-cash
-8 331
-3 716
-4 119
-2 993

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24126
-₽34012
-₽19210
-₽18563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
1 774
pensions
-
-
-
14 490
other
-
-
-
1 535
health
-
-
-
428
surtax
-
-
-
-
social contributions
-
-
-
1 409
total
-
-
-
19 636
Employee
63 638
-
37 721
-
social contributions
1 812
-
1 074
-
surtax
-
-
-
-
income
5 553
-
1 870
-
pensions
7 198
-
4 265
-
total
14 563
-
7 209
-
Employer
63 638
-
37 721
-
other
2 196
-
1 302
-
social contributions
191
-
114
-
unemployment
2 578
-
1 527
-
pensions
10 456
-
6 197
-
health
4 454
-
2 640
-
total
19 875
-
11 780
-
Corporate
-
49 500
-
-
surtax
-
-
-
-
income
-
13 860
-
-
total
-
13 860
-
-
Dividends
-
35 640
-
-
surtax
-
-
-
-
social contributions
-
6 130
-
-
withholding
-
4 562
-
-
total
-
10 692
-
-
Income
49 500
49 500
49 500
49 500
Total tax
34 438
24 552
18 989
19 636
After tax
15 062
24 948
30 511
29 864
Living cost
49 074
49 074
49 074
49 074
Free-cash
-34 012
-24 126
-18 563
-19 210

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14008
₽10596
₽8068
₽9529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
-
social contributions
-
-
-
10 890
total
-
-
-
10 890
Employee
32 665
-
42 857
-
income
-
-
-
-
social contributions
2 123
-
2 786
-
total
2 123
-
2 786
-
Employer
32 665
-
42 857
-
social contributions
5 063
-
6 643
-
total
5 063
-
6 643
-
Corporate
11 771
49 500
-
-
income
1 176
4 950
-
-
total
1 176
4 950
-
-
Dividends
10 595
44 550
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
8 362
4 950
9 429
10 890
After tax
41 138
44 550
40 071
38 610
Living cost
30 542
30 542
30 542
30 542
Free-cash
10 596
14 008
9 529
8 068

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽171852
-₽171852
-₽16228
-₽171852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
7 574
pensions
-
-
-
881
national
-
-
-
4 456
labour market
-
-
-
3 889
total
-
-
-
16 800
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
172 424
172 424
172 424
16 800
After tax
-122 924
-122 924
-122 924
32 700
Living cost
48 928
48 928
48 928
48 928
Free-cash
-171 852
-171 852
-171 852
-16 228

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17852
₽656
₽12437
₽4278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
255
income
-
-
-
8 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 201
Employee
34 391
-
41 120
-
health
3 938
-
4 708
-
income
4 718
-
5 641
-
pensions
3 873
-
4 630
-
total
12 529
-
14 979
-
Employer
34 391
-
41 120
-
accident
574
-
687
-
unemployment
843
-
1 008
-
pensions
5 592
-
6 686
-
total
7 009
-
8 381
-
Corporate
8 100
49 500
-
-
income

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

7 290
44 550
-
-
total
7 290
44 550
-
-
Dividends
810
4 950
-
-
withholding
154
940
-
-
total
154
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
26 982
45 490
23 360
15 201
After tax
22 518
4 010
26 140
34 299
Living cost
21 862
21 862
21 862
21 862
Free-cash
656
-17 852
4 278
12 437

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4755
-₽14044
₽392
-₽8100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
49 500
municipal
-
-
-
8 848
health
-
-
-
337
national
-
-
-
914
total
-
-
-
10 099
Employee
53 457
-
41 643
-
health
399
-
218
-
municipal
8 756
-
6 837
-
pensions
3 608
-
2 811
-
unemployment
802
-
625
-
national
883
-
243
-
total
14 448
-
10 734
-
Employer
53 457
-
41 643
-
accident
54
-
42
-
unemployment
347
-
270
-
pensions
9 275
-
7 225
-
health
411
-
320
-
total
10 087
-
7 857
-
Corporate
-
49 500
-
-
income
-
9 899
-
-
total
-
9 899
-
-
Dividends

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

-
29 701
-
-
national
-
-
-
-
municipal
-
5 347
-
-
total
-
5 347
-
-
Income
49 500
49 500
49 500
49 500
Total tax
24 535
15 246
18 591
10 099
After tax
24 965
34 254
30 909
39 401
Living cost
39 009
39 009
39 009
39 009
Free-cash
-14 044
-4 755
-8 100
392

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2999
₽7478
₽16408
₽8694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
582
health
-
-
-
1 263
social contributions
-
-
-
7 722
total
-
-
-
9 567
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
3 729
-
health
605
1 329
764
-
income
8 507
7 233
8 228
-
total
12 066
15 046
12 721
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
3 729
-
health
658
1 446
831
-
total
3 612
7 930
4 560
-
Corporate
10 297
-
-
-
income
1 288
-
-
-
total
1 288
-
-
-
Dividends
9 009
-
-
-
withholding
1 531
-
-
-
total
1 531
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 497
22 976
17 281
9 567
After tax
31 003
26 524
32 219
39 933
Living cost
23 525
23 525
23 525
23 525
Free-cash
7 478
2 999
8 694
16 408

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24859
₽19689
₽19233
₽14583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 500
income
-
-
-
3 966
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
14 135
Employee

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

23 322
-
44 878
-
health
1 982
-
3 814
-
income
1 595
-
3 394
-
pensions
3 498
-
6 731
-
unemployment
116
-
224
-
total
7 191
-
14 163
-
Employer

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

23 322
-
44 878
-
unemployment
116
-
224
-
pensions
1 282
-
2 468
-
health
1 003
-
1 930
-
total
2 401
-
4 622
-
Corporate
23 777
49 500
-
-
income
2 140
4 454
-
-
total
2 140
4 454
-
-
Dividends
21 637
45 046
-
-
withholding
1 947
4 055
-
-
total
1 947
4 055
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 679
8 509
18 785
14 135
After tax
35 821
40 991
30 715
35 365
Living cost
16 132
16 132
16 132
16 132
Free-cash
19 689
24 859
14 583
19 233

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5531
-₽47
-₽407
-₽25
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
445
income
-
-
-
7 116
pensions
-
-
-
14 008
other
-
-
-
50
unemployment
-
-
-
347
total
-
-
-
21 966
Employee
37 570
-
37 534
-
other
37
-
37
-
income
7 243
-
7 235
-
pensions
1 766
-
1 764
-
unemployment
582
-
582
-
total
9 628
-
9 618
-
Employer
37 570
-
37 534
-
accident
744
-
742
-
other
301
-
301
-
unemployment
2 067
-
2 065
-
pensions
8 866
-
8 858
-
total
11 978
-
11 966
-
Corporate
-
49 500
-
-
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.

-
7 425
-
-
total
-
7 425
-
-
Dividends
-
42 075
-
-
withholding
-
8 603
-
-
total
-
8 603
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 606
16 028
21 584
21 966
After tax
27 894
33 472
27 916
27 534
Living cost
27 941
27 941
27 941
27 941
Free-cash
-47
5 531
-25
-407

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28107
₽27651
₽27760
₽27563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
15 459
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
18 959
Employee
4 236
-
47 218
-
health
212
-
507
-
income
820
-
15 352
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
16 873
-
Employer
4 236
-
47 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
44 310
49 500
-
-
income
9 748
10 890
-
-
total
9 748
10 890
-
-
Dividends
34 562
38 610
-
-
withholding
6 912
7 722
-
-
total
6 912
7 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 068
18 612
19 156
18 959
After tax
30 432
30 888
30 344
30 541
Living cost
2 781
2 781
2 781
2 781
Free-cash
27 651
28 107
27 563
27 760

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽18206
₽13208
₽7185
₽9317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
income
-
-
-
6 045
pensions
-
-
-
12 870
unemployment
-
-
-
743
health
-
-
-
5 099
total
-
-
-
24 757
Employee

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

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

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

26 477
-
41 985
-
health
1 364
-
2 162
-
income
3 650
-
6 755
-
pensions
3 707
-
5 878
-
unemployment
199
-
315
-
total
8 920
-
15 110
-
Employer

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

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

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

26 477
-
41 985
-
unemployment
199
-
315
-
pensions
3 177
-
5 038
-
health
1 364
-
2 162
-
total
4 740
-
7 515
-
Corporate
18 284
49 500
-
-
income
2 743
7 425
-
-
total
2 743
7 425
-
-
Dividends
15 541
42 075
-
-
withholding
2 331
6 311
-
-
total
2 331
6 311
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 734
13 736
22 625
24 757
After tax
30 766
35 764
26 875
24 743
Living cost
17 558
17 558
17 558
17 558
Free-cash
13 208
18 206
9 317
7 185

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽763
₽399
₽1486
₽360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
income
-
-
-
3 421
surtax
-
-
-
-
social contributions

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

-
-
-
17 201
total
-
-
-
20 622
Employee
39 436
-
40 000
-
social contributions
4 338
-
4 400
-
surtax
-
-
-
-
income
7 705
-
7 848
-
total
12 043
-
12 248
-
Employer
39 436
-
40 000
-
social contributions
9 365
-
9 500
-
total
9 365
-
9 500
-
Corporate
699
49 500
-
-
surtax
-
-
-
-
income
147
10 395
-
-
total
147
10 395
-
-
Dividends
553
39 105
-
-
withholding
154
10 950
-
-
total
154
10 950
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 709
21 345
21 748
20 622
After tax
27 791
28 155
27 752
28 878
Living cost
27 392
27 392
27 392
27 392
Free-cash
399
763
360
1 486

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2237
-₽15217
-₽8175
-₽7793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
445
income
-
-
-
7 116
pensions
-
-
-
14 008
other
-
-
-
50
unemployment
-
-
-
347
total
-
-
-
21 966
Employee
49 071
-
37 534
-
other
48
-
37
-
income
10 249
-
7 235
-
pensions
2 306
-
1 764
-
unemployment
760
-
582
-
total
13 363
-
9 618
-
Employer
49 071
-
37 534
-
accident
972
-
742
-
other
393
-
301
-
unemployment
2 699
-
2 065
-
pensions
11 581
-
8 858
-
total
15 645
-
11 966
-
Corporate
-
49 500
-
-
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.

-
7 425
-
-
total
-
7 425
-
-
Dividends
-
42 075
-
-
withholding
-
8 603
-
-
total
-
8 603
-
-
Income
49 500
49 500
49 500
49 500
Total tax
29 008
16 028
21 584
21 966
After tax
20 492
33 472
27 916
27 534
Living cost
35 709
35 709
35 709
35 709
Free-cash
-15 217
-2 237
-7 793
-8 175

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24844
₽18650
₽15119
₽15665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
7 425
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
16 902
Employee
23 145
-
42 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
4 254
-
pensions

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

2 032
-
3 116
-
total
5 666
-
9 393
-
Employer
23 145
-
42 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
21 814
49 500
-
-
income
2 182
4 950
-
-
total
2 182
4 950
-
-
Dividends
19 632
44 550
-
-
withholding
982
2 227
-
-
total
982
2 227
-
-
Income
49 500
49 500
49 500
49 500
Total tax
13 371
7 177
16 356
16 902
After tax
36 129
42 323
33 144
32 598
Living cost
17 479
17 479
17 479
17 479
Free-cash
18 650
24 844
15 665
15 119

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽13540
-₽1054
-₽1072
-₽748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
trade
-
-
-
324
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.

-
-
-
3 868
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.

-
-
-
6 941
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.

-
-
-
212
total
-
-
-
11 345
Employee

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

50 555
-
49 500
-
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.

6 941
-
6 941
-
surtax

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

229
-
212
-
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.

4 157
-
3 868
-
total
11 327
-
11 021
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
49 500
-
-
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.

-
409
-
-
income
-
7 425
-
-
trade
-
7 103
-
-
chamber of commerce
-
228
-
-
total
-
15 165
-
-
Dividends
-
34 335
-
-
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.

-
451
-
-
withholding
-
8 197
-
-
total
-
8 648
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 327
23 813
11 021
11 345
After tax
38 173
25 687
38 479
38 155
Living cost
39 227
39 227
39 227
39 227
Free-cash
-1 054
-13 540
-748
-1 072

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23230
-₽29979
-₽18401
-₽18401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
6 718
social contributions
-
-
-
3 304
total
-
-
-
10 022
Employee
79 479
-
49 500
-
income
14 997
-
6 718
-
social contributions
6 603
-
3 304
-
total
21 600
-
10 022
-
Employer
79 479
-
49 500
-
total
-
-
-
-
Corporate
-
49 500
-
-
income
-
6 188
-
-
total
-
6 188
-
-
Dividends
-
43 312
-
-
withholding
-
8 663
-
-
total
-
8 663
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 600
14 851
10 022
10 022
After tax
27 900
34 649
39 478
39 478
Living cost
57 879
57 879
57 879
57 879
Free-cash
-29 979
-23 230
-18 401
-18 401

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9534
-₽4814
-₽23118
-₽1092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
44 992
-
income
5 058
-
4 693
-
social contributions
4 670
-
4 508
-
total
9 728
-
9 201
-
Employer
46 611
-
44 992
-
social contributions
4 670
-
4 508
-
total
4 670
-
4 508
-
Corporate
-
49 500
-
-
income
-
17 325
-
-
total
-
17 325
-
-
Dividends
-
32 175
-
-
social contributions
3 033
4 826
-
-
total
3 033
4 826
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 431
22 151
13 709
35 735
After tax
32 069
27 349
35 791
13 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
-4 814
-9 534
-1 092
-23 118

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽900
-₽8902
-₽587
-₽5290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
income
-
-
-
9 352
pensions
-
-
-
2 748
total
-
-
-
12 100
Employee
52 143
-
44 450
-
health
680
-
523
-
income
9 496
-
8 174
-
pensions
3 980
-
3 056
-
total
14 156
-
11 753
-
Employer
52 143
-
44 450
-
pensions
5 268
-
4 205
-
health
991
-
845
-
total
6 259
-
5 050
-
Corporate
-
49 500
-
-
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.

-
9 406
-
-
total
-
9 406
-
-
Dividends
-
40 094
-
-
withholding
-
3 007
-
-
total
-
3 007
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 415
12 413
16 803
12 100
After tax
29 085
37 087
32 697
37 400
Living cost
37 987
37 987
37 987
37 987
Free-cash
-8 902
-900
-5 290
-587

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20017
₽325
₽10272
₽2113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
accident
-
-
-
255
income
-
-
-
8 175
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 201
Employee
37 795
-
41 120
-
health
4 327
-
4 708
-
income
5 185
-
5 641
-
pensions
4 256
-
4 630
-
total
13 768
-
14 979
-
Employer
37 795
-
41 120
-
accident
631
-
687
-
unemployment
926
-
1 008
-
pensions
6 145
-
6 686
-
total
7 702
-
8 381
-
Corporate
4 003
49 500
-
-
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.

3 602
44 550
-
-
total
3 602
44 550
-
-
Dividends
400
4 950
-
-
withholding
76
940
-
-
total
76
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
25 148
45 490
23 360
15 201
After tax
24 352
4 010
26 140
34 299
Living cost
24 027
24 027
24 027
24 027
Free-cash
325
-20 017
2 113
10 272

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28380
₽23450
₽15984
₽15984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
49 500
work injury
-
-
-
247
health insurance
-
-
-
3 663
income
-
-
-
6 209
pensions
-
-
-
9 108
unemployment
-
-
-
594
total
-
-
-
19 821
Employee

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

21 911
-
49 500
-
work injury
110
-
247
-
income
2 191
-
6 209
-
pensions
4 032
-
9 108
-
health insurance
1 621
-
3 663
-
unemployment
263
-
594
-
total
8 217
-
19 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 589
49 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
27 589
49 500
-
-
withholding
4 138
7 425
-
-
total
4 138
7 425
-
-
Income
49 500
49 500
49 500
49 500
Total tax
12 355
7 425
19 821
19 821
After tax
37 145
42 075
29 679
29 679
Living cost
13 695
13 695
13 695
13 695
Free-cash
23 450
28 380
15 984
15 984

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽14403
-₽36122
-₽13527
-₽16272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
49 500
municipal
-
-
-
332
regional
-
-
-
714
national
-
-
-
8 771
social contributions
-
-
-
12 732
total
-
-
-
22 549
Employee
85 620
-
49 500
-
social contributions
28 871
-
16 692
-
regional
1 293
-
606
-
municipal
511
-
295
-
national
14 469
-
7 701
-
total
45 144
-
25 294
-
Employer
85 620
-
49 500
-
total
-
-
-
-
Corporate
-
49 500
-
-
nationa
-
11 879
-
-
municipal
-
2 385
-
-
total
-
14 264
-
-
Dividends
-
35 235
-
-
withholding
-
9 161
-
-
total
-
9 161
-
-
Income
49 500
49 500
49 500
49 500
Total tax
45 144
23 425
25 294
22 549
After tax
4 356
26 075
24 206
26 951
Living cost
40 478
40 478
40 478
40 478
Free-cash
-36 122
-14 403
-16 272
-13 527

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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