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
₽ 5000
per

Your estimated
City
free-cash

Dresden , Germany
-₽27505
-₽32141
-₽32141
-₽33269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
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.

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 835
trade
-
-
-
-
total
-
-
-
6 835
Employee

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

38 269
-
5 000
-
surtax

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

59
-
-
-
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.

1 069
-
-
-
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.

6 835
-
6 835
-
total
7 963
-
6 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
750
-
-
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.

-
42
-
-
chamber of commerce
-
159
-
-
trade
-
788
-
-
total
-
1 739
-
-
Dividends
-
3 261
-
-
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.

-
25
-
-
withholding
-
435
-
-
total
-
460
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 963
2 199
6 835
6 835
After tax
-2 963
2 801
-1 835
-1 835
Living cost
30 306
30 306
30 306
30 306
Free-cash
-33 269
-27 505
-32 141
-32 141

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49931
-₽48616
-₽48705
-₽84702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
54
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
600
total
-
-
-
654
Employee
82 238
-
4 322
-
municipal
10 158
-
-
-
pensions
3 290
-
173
-
national
15 740
-
-
-
total
29 188
-
173
-
Employer
82 238
-
4 322
-
pensions
6 579
-
346
-
social contributions
884
-
46
-
total
7 463
-
392
-
Corporate
-
5 000
-
-
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%.

-
1 000
-
-
total
-
1 000
-
-
Dividends
-
4 000
-
-
withholding
-
880
-
-
total
-
880
-
-
Income
5 000
5 000
5 000
5 000
Total tax
36 651
1 880
565
654
After tax
-31 651
3 120
4 435
4 346
Living cost
53 051
53 051
53 051
53 051
Free-cash
-84 702
-49 931
-48 616
-48 705

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16817
-₽19565
-₽19716
-₽31278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
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.

-
-
-
3 150
microenterprise
-
-
-
750
total
-
-
-
3 900
Employee
29 236
-
2 640
-
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.

3 216
-
1 078
-
income
5 204
-
311
-
total
8 420
-
1 389
-
Employer
29 236
-
2 640
-
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.

7 042
-
2 360
-
surtax
-
-
-
-
total
7 042
-
2 360
-
Corporate
-
5 000
-
-
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%.

-
1 001
-
-
total
-
1 001
-
-
Dividends

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

-
3 999
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 462
1 001
3 749
3 900
After tax
-10 462
3 999
1 251
1 100
Living cost
20 816
20 816
20 816
20 816
Free-cash
-31 278
-16 817
-19 565
-19 716

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88740
-₽94356
-₽39031
-₽94356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
450
health
-
-
-
767
pensions
-
-
-
900
total
-
-
-
2 117
Employee
85 442
85 442
85 442
-
pensions
15 380
11 723
15 380
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
13 114
-
total
42 480
36 864
42 480
-
Employer
85 442
85 442
85 442
-
health
5 939
5 939
5 939
-
pensions
5 947
5 947
5 947
-
unemployment
3 076
3 076
3 076
-
total
14 962
14 962
14 962
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
57 442
51 826
57 442
2 117
After tax
-52 442
-46 826
-52 442
2 883
Living cost
41 914
41 914
41 914
41 914
Free-cash
-94 356
-88 740
-94 356
-39 031

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38371
-₽38430
-₽38608
-₽71966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
10
other
-
-
-
581
unemployment
-
-
-
5
health
-
-
-
312
municipal
-
-
-
1 059
national
-
-
-
-
pensions
-
-
-
540
total
-
-
-
2 507
Employee
58 565
-
3 804
-
municipal
17 464
-
1 134
-
national
-
-
-
-
total
17 464
-
1 134
-
Employer
58 565
-
3 804
-
health
3 602
-
234
-
pensions
6 331
-
411
-
accident
117
-
8
-
unemployment
1 546
-
100
-
other
6 805
-
442
-
total
18 401
-
1 195
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
withholding
-
1 170
-
-
total
-
1 170
-
-
Income
5 000
5 000
5 000
5 000
Total tax
35 865
2 270
2 329
2 507
After tax
-30 865
2 730
2 671
2 493
Living cost
41 101
41 101
41 101
41 101
Free-cash
-71 966
-38 371
-38 430
-38 608

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36528
-₽41140
-₽41140
-₽45738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
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.

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 835
trade
-
-
-
-
total
-
-
-
6 835
Employee

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

50 740
-
5 000
-
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.

239
-
-
-
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.

4 359
-
-
-
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.

6 835
-
6 835
-
total
11 433
-
6 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
750
-
-
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.

-
42
-
-
chamber of commerce
-
159
-
-
trade
-
822
-
-
total
-
1 773
-
-
Dividends
-
3 227
-
-
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.

-
23
-
-
withholding
-
427
-
-
total
-
450
-
-
Income
5 000
5 000
5 000
5 000
Total tax
11 433
2 223
6 835
6 835
After tax
-6 433
2 777
-1 835
-1 835
Living cost
39 305
39 305
39 305
39 305
Free-cash
-45 738
-36 528
-41 140
-41 140

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50077
-₽41331
-₽34356
-₽44609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 036
income
-
-
-
-
social contributions
-
-
-
5 933
health
-
-
-
970
total
-
-
-
6 903
Employee
76 937
76 937
76 937
-
social contributions
3 739
6 385
2 153
-
income
8 079
7 122
8 651
-
health
765
1 308
441
-
total
12 583
14 815
11 245
-
Employer
76 937
76 937
76 937
-
health
834
1 424
480
-
social contributions
3 739
6 385
2 153
-
total
4 573
7 809
2 633
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 156
22 624
13 878
6 903
After tax
-12 156
-17 624
-8 878
-1 903
Living cost
32 453
32 453
32 453
32 453
Free-cash
-44 609
-50 077
-41 331
-34 356

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18671
-₽17812
-₽15390
-₽26690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
526
unemployment
-
-
-
121
health
-
-
-
565
pensions
-
-
-
807
total
-
-
-
2 019
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.

26 520
10 554
10 554
-
unemployment
398
158
122
-
pensions
2 652
1 055
811
-
income
3 242
1 290
1 358
-
health
1 856
739
568
-
total
8 148
3 242
2 859
-
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.

26 520
10 554
10 554
-
pensions
5 171
2 058
1 582
-
total
5 171
2 058
1 582
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 319
5 300
4 441
2 019
After tax
-8 319
-300
559
2 981
Living cost
18 371
18 371
18 371
18 371
Free-cash
-26 690
-18 671
-17 812
-15 390

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20168
-₽23427
-₽22926
-₽32979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
health
-
-
-
1 481
pensions
-
-
-
2 278
total
-
-
-
3 759
Employee
28 384
-
1 149
-
unemployment
454
-
182
-
pensions
568
-
228
-
income
3 196
-
-
-
total
4 218
-
410
-
Employer
28 384
-
1 149
-
health
3 689
-
1 481
-
pensions
5 677
-
2 278
-
unemployment
228
-
91
-
total
9 594
-
3 850
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends
-
3 999
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 812
1 001
4 260
3 759
After tax
-8 812
3 999
740
1 241
Living cost
24 167
24 167
24 167
24 167
Free-cash
-32 979
-20 168
-23 427
-22 926

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21897
-₽19661
-₽24363
-₽37232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
256
income
-
-
-
-
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
7 061
Employee
35 083
-
4 153
-
pensions
3 950
-
467
-
income
4 813
-
570
-
health
4 017
-
476
-
total
12 780
-
1 513
-
Employer
35 083
-
4 153
-
pensions
5 705
-
675
-
accident
586
-
69
-
unemployment
859
-
102
-
total
7 150
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 930
4 595
2 359
7 061
After tax
-14 930
405
2 641
-2 061
Living cost
22 302
22 302
22 302
22 302
Free-cash
-37 232
-21 897
-19 661
-24 363

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3315
-₽4065
-₽3115
-₽5081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
5 000
microenterprise

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

-
-
-
50
total
-
-
-
50
Employee
10 081
-
5 000
-
income
2 016
-
1 000
-
total
2 016
-
1 000
-
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%.

-
5 000
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
250
-
-
total
-
250
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 016
250
1 000
50
After tax
2 984
4 750
4 000
4 950
Living cost
8 065
8 065
8 065
8 065
Free-cash
-5 081
-3 315
-4 065
-3 115

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22987
-₽23928
-₽25527
-₽40485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
266
other
-
-
-
516
health
-
-
-
478
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.

-
-
-
2 607
total
-
-
-
3 867
Employee
36 329
-
3 722
-
unemployment
363
-
38
-
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.

2 542
-
260
-
income
6 254
-
642
-
health
509
-
51
-
total
9 668
-
991
-
Employer
36 329
-
3 722
-
health
509
-
51
-
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.

6 177
-
632
-
accident
291
-
30
-
unemployment
363
-
38
-
other
1 817
-
526
-
total
9 157
-
1 277
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 825
1 327
2 268
3 867
After tax
-13 825
3 673
2 732
1 133
Living cost
26 660
26 660
26 660
26 660
Free-cash
-40 485
-22 987
-23 928
-25 527

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62582
-₽62403
-₽62328
-₽101705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
93 844
-
4 906
-
pensions
9 053
-
-
-
income
16 916
-
981
-
health
1 546
-
-
-
total
27 515
-
981
-
Employer
93 844
-
4 906
-
health
1 782
-
94
-
pensions
11 080
-
-
-
total
12 862
-
94
-
Corporate
-
5 000
-
-
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.

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
40 377
1 254
1 075
1 000
After tax
-35 377
3 746
3 925
4 000
Living cost
66 328
66 328
66 328
66 328
Free-cash
-101 705
-62 582
-62 403
-62 328

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8838
-₽10710
-₽10605
-₽15771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
unemployment
-
-
-
26
health
-
-
-
750
pensions

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

-
-
-
966
total
-
-
-
2 492
Employee
17 364
-
3 720
-
accident

We are using the highest rate at 1.1%.

191
-
72
-
pensions

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

1 525
-
573
-
income
1 736
-
372
-
health
799
-
300
-
total
4 251
-
1 317
-
Employer
17 364
-
3 720
-
health
1 198
-
450
-
pensions

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

1 914
-
719
-
accident

We are using the highest rate at 1.1%.

191
-
72
-
unemployment
104
-
39
-
total
3 407
-
1 280
-
Corporate
-
5 000
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 658
725
2 597
2 492
After tax
-2 658
4 275
2 403
2 508
Living cost
13 113
13 113
13 113
13 113
Free-cash
-15 771
-8 838
-10 710
-10 605

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102308
-₽107924
-₽52599
-₽104006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
450
health
-
-
-
767
pensions
-
-
-
900
total
-
-
-
2 117
Employee
92 763
85 442
85 442
-
pensions
11 723
11 723
15 380
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
13 114
-
total
37 282
36 864
42 480
-
Employer
92 763
85 442
85 442
-
health
6 446
5 939
5 939
-
pensions
6 456
5 947
5 947
-
unemployment
3 340
3 076
3 076
-
total
16 242
14 962
14 962
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
53 524
51 826
57 442
2 117
After tax
-48 524
-46 826
-52 442
2 883
Living cost
55 482
55 482
55 482
55 482
Free-cash
-104 006
-102 308
-107 924
-52 599

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21417
-₽22324
-₽22425
-₽43989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
social contributions
-
-
-
1 460
solidarity contribution
-
-
-
-
health
-
-
-
675
total
-
-
-
2 565
Employee
36 559
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
243
-
income
4 387
-
448
-
health
4 936
-
504
-
total
11 699
-
1 195
-
Employer
36 559
-
3 731
-
health
3 290
-
336
-
social contributions
9 140
-
933
-
total
12 430
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 129
1 557
2 464
2 565
After tax
-19 129
3 443
2 536
2 435
Living cost
24 860
24 860
24 860
24 860
Free-cash
-43 989
-21 417
-22 324
-22 425

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39553
-₽47385
-₽44973
-₽83922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 754
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 754
Employee
88 922
-
5 000
-
municipal
471
-
-
-
national
15 408
-
-
-
regional
839
-
-
-
social contributions
29 985
-
10 166
-
total
46 703
-
10 166
-
Employer
88 922
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
196
-
-
nationa
-
1 200
-
-
total
-
1 396
-
-
Dividends
-
3 604
-
-
withholding
-
938
-
-
total
-
938
-
-
Income
5 000
5 000
5 000
5 000
Total tax
46 703
2 334
10 166
7 754
After tax
-41 703
2 666
-5 166
-2 754
Living cost
42 219
42 219
42 219
42 219
Free-cash
-83 922
-39 553
-47 385
-44 973

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18934
-₽22053
-₽21157
-₽35052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
230
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
949
pensions
-
-
-
2 671
total
-
-
-
4 078
Employee
33 087
-
2 190
-
other
-
-
-
-
unemployment
2 303
-
928
-
pensions
2 206
-
890
-
surtax
108
-
-
-
income
5 546
-
6
-
health
845
-
340
-
total
11 008
-
2 164
-
Employer
33 087
-
2 190
-
health
1 506
-
608
-
pensions
4 411
-
1 779
-
unemployment
1 048
-
423
-
other
-
-
-
-
total
6 965
-
2 810
-
Corporate
-
5 000
-
-
income
-
1 301
-
-
total
-
1 301
-
-
Dividends
-
3 699
-
-
withholding
-
554
-
-
total
-
554
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 973
1 855
4 974
4 078
After tax
-12 973
3 145
26
922
Living cost
22 079
22 079
22 079
22 079
Free-cash
-35 052
-18 934
-22 053
-21 157

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41567
-₽41388
-₽41313
-₽65894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
62 892
-
4 906
-
pensions
5 338
-
-
-
income
11 327
-
981
-
health
913
-
-
-
total
17 578
-
981
-
Employer
62 892
-
4 906
-
health
1 195
-
94
-
pensions
6 808
-
-
-
total
8 003
-
94
-
Corporate
-
5 000
-
-
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.

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
25 581
1 254
1 075
1 000
After tax
-20 581
3 746
3 925
4 000
Living cost
45 313
45 313
45 313
45 313
Free-cash
-65 894
-41 567
-41 388
-41 313

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽76960
-₽78139
-₽75113
-₽96573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
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.

-
-
-
100
regional
-
-
-
-
health
-
-
-
258
city
-
-
-
49
national
-
-
-
-
pensions
-
-
-
460
total
-
-
-
867
Employee
92 738
-
2 997
-
unemployment
-
-
-
-
pensions
7 791
-
1 905
-
national
439
-
-
-
regional
3 037
-
-
-
city
995
-
12
-
health
210
-
6
-
total
12 472
-
1 923
-
Employer
92 738
-
2 997
-
health
210
-
6
-
pensions
7 791
-
1 905
-
unemployment
-
-
-
-
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.

1 854
-
59
-
total
9 855
-
1 970
-
Corporate
-
5 000
-
-
regional
-
1 058
-
-
national
-
425
-
-
total
-
1 483
-
-
Dividends
-
3 516
-
-
withholding
-
1 231
-
-
total
-
1 231
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 327
2 714
3 893
867
After tax
-17 327
2 286
1 107
4 133
Living cost
79 246
79 246
79 246
79 246
Free-cash
-96 573
-76 960
-78 139
-75 113

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43085
-₽47670
-₽47670
-₽55130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
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.

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 835
trade
-
-
-
-
total
-
-
-
6 835
Employee

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

60 131
-
5 000
-
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.

389
-
-
-
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.

7 071
-
-
-
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.

6 835
-
6 835
-
total
14 295
-
6 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
750
-
-
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.

-
42
-
-
chamber of commerce
-
159
-
-
trade
-
858
-
-
total
-
1 809
-
-
Dividends
-
3 191
-
-
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.

-
23
-
-
withholding
-
418
-
-
total
-
441
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 295
2 250
6 835
6 835
After tax
-9 295
2 750
-1 835
-1 835
Living cost
45 835
45 835
45 835
45 835
Free-cash
-55 130
-43 085
-47 670
-47 670

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
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.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31709
-₽30958
-₽33402
-₽51195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
142
health
-
-
-
266
pensions
-
-
-
3 606
total
-
-
-
4 170
Employee
42 822
-
3 810
-
pensions
4 842
-
429
-
surtax
-
-
-
-
social contributions
1 221
-
108
-
income
2 527
-
-
-
total
8 590
-
537
-
Employer
42 822
-
3 810
-
health
2 998
-
266
-
pensions
7 035
-
627
-
unemployment
1 734
-
154
-
social contributions
129
-
11
-
other
1 477
-
131
-
total
13 373
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 399
-
-
surtax
-
-
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
surtax
-
-
-
-
social contributions
-
617
-
-
withholding
-
461
-
-
total
-
1 078
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 963
2 477
1 726
4 170
After tax
-16 963
2 523
3 274
830
Living cost
34 232
34 232
34 232
34 232
Free-cash
-51 195
-31 709
-30 958
-33 402

Estimated living cost  is ₽34232 per week

₽21585
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.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28317
-₽27566
-₽30010
-₽45161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
142
health
-
-
-
266
pensions
-
-
-
3 606
total
-
-
-
4 170
Employee
38 224
-
3 810
-
pensions
4 323
-
429
-
surtax
-
-
-
-
social contributions
1 090
-
108
-
income
1 971
-
-
-
total
7 384
-
537
-
Employer
38 224
-
3 810
-
health
2 675
-
266
-
pensions
6 281
-
627
-
unemployment
1 547
-
154
-
social contributions
114
-
11
-
other
1 320
-
131
-
total
11 937
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 399
-
-
surtax
-
-
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
surtax
-
-
-
-
social contributions
-
617
-
-
withholding
-
461
-
-
total
-
1 078
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 321
2 477
1 726
4 170
After tax
-14 321
2 523
3 274
830
Living cost
30 840
30 840
30 840
30 840
Free-cash
-45 161
-28 317
-27 566
-30 010

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19807
-₽18844
-₽19594
-₽31552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
social contributions
-
-
-
1 745
health
-
-
-
883
total
-
-
-
3 378
Employee
33 924
-
5 000
-
social contributions
4 682
-
1 745
-
income
5 658
-
-
-
health
2 368
-
883
-
total
12 708
-
2 628
-
Employer
33 924
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
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%.

-
251
-
-
total
-
251
-
-
Dividends
-
4 749
-
-
social contributions
1 745
1 745
-
-
withholding
-
712
-
-
health
883
883
-
-
total
2 628
3 340
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 336
3 591
2 628
3 378
After tax
-10 336
1 409
2 372
1 622
Living cost
21 216
21 216
21 216
21 216
Free-cash
-31 552
-19 807
-18 844
-19 594

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53038
-₽42819
-₽39219
-₽60535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
21
health
-
-
-
763
pensions
-
-
-
1 846
total
-
-
-
8 964
Employee
50 003
39 873
39 873
-
other
499
399
101
-
unemployment
1 500
1 196
300
-
pensions
5 121
4 082
1 022
-
income
5 692
2 941
4 684
-
health
1 935
1 544
385
-
total
14 747
10 162
6 492
-
Employer
50 003
39 873
39 873
-
chamber of commerce
199
159
159
-
health
1 889
1 508
378
-
pensions
6 275
5 005
1 253
-
accident
649
518
-
-
unemployment
1 500
1 196
300
-
surtax
197
197
197
-
payroll
1 500
1 196
1 196
-
other
2 375
1 893
1 640
-
total
14 584
11 672
5 123
-
Corporate
3 797
3 797
3 797
-
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.

949
949
949
-
total
949
949
949
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
30 280
22 783
12 564
8 964
After tax
-25 280
-17 783
-7 564
-3 964
Living cost
35 255
35 255
35 255
35 255
Free-cash
-60 535
-53 038
-42 819
-39 219

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33333
-₽34156
-₽36756
-₽87403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
communal

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

-
-
-
-
social contributions
-
-
-
5 275
national
-
-
-
-
total
-
-
-
5 275
Employee

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

71 569
-
3 872
-
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.

623
-
34
-
communal

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

3 733
-
201
-
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.

5 368
-
291
-
national
22 003
-
841
-
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.

3 363
-
180
-
total
35 090
-
1 547
-
Employer

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

71 569
-
3 872
-
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.

4 401
-
237
-
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.

6 342
-
344
-
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.

930
-
49
-
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.

1 044
-
57
-
surtax
8 115
-
441
-
total
20 832
-
1 128
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
surtax
-
21
-
-
total
-
1 022
-
-
Dividends
-
3 978
-
-
withholding

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

-
830
-
-
total
-
830
-
-
Income
5 000
5 000
5 000
5 000
Total tax
55 922
1 852
2 675
5 275
After tax
-50 922
3 148
2 325
-275
Living cost
36 481
36 481
36 481
36 481
Free-cash
-87 403
-33 333
-34 156
-36 756

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32691
-₽43908
-₽37588
-₽60680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
194
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
150
pensions
-
-
-
6 089
total
-
-
-
6 454
Employee
49 805
-
-
-
other
49
-
34
-
unemployment
773
-
518
-
pensions
2 341
-
1 570
-
income
10 508
-
-
-
total
13 671
-
2 122
-
Employer
49 805
-
-
-
pensions
11 753
-
7 885
-
accident
985
-
661
-
unemployment
2 740
-
1 838
-
other
397
-
268
-
total
15 875
-
10 652
-
Corporate
-
5 000
-
-
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.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 546
1 557
12 774
6 454
After tax
-24 546
3 443
-7 774
-1 454
Living cost
36 134
36 134
36 134
36 134
Free-cash
-60 680
-32 691
-43 908
-37 588

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50953
-₽60993
-₽60991
-₽79824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
communal
-
-
-
-
accident
-
-
-
429
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 570
pensions
-
-
-
7 618
total
-
-
-
11 617
Employee
75 770
-
-
-
pensions
6 061
-
3 809
-
surtax
4 644
-
-
-
income
7 319
-
-
-
health
3 372
-
2 119
-
total
21 396
-
5 928
-
Employer
75 770
-
-
-
health
2 311
-
1 453
-
pensions
6 061
-
3 809
-
accident
682
-
429
-
total
9 054
-
5 691
-
Corporate
-
5 000
-
-
communal
-
-
-
-
income
-
750
-
-
surtax
-
53
-
-
total
-
803
-
-
Dividends
-
4 197
-
-
income
-
146
-
-
withholding
-
630
-
-
total
-
776
-
-
Income
5 000
5 000
5 000
5 000
Total tax
30 450
1 579
11 619
11 617
After tax
-25 450
3 421
-6 619
-6 617
Living cost
54 374
54 374
54 374
54 374
Free-cash
-79 824
-50 953
-60 993
-60 991

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19328
-₽22447
-₽21551
-₽35788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
230
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
949
pensions
-
-
-
2 671
total
-
-
-
4 078
Employee
33 695
-
2 190
-
other
-
-
-
-
unemployment
2 345
-
928
-
pensions
2 248
-
890
-
surtax
120
-
-
-
income
5 649
-
6
-
health
860
-
340
-
total
11 222
-
2 164
-
Employer
33 695
-
2 190
-
health
1 532
-
608
-
pensions
4 492
-
1 779
-
unemployment
1 069
-
423
-
other
-
-
-
-
total
7 093
-
2 810
-
Corporate
-
5 000
-
-
income
-
1 301
-
-
total
-
1 301
-
-
Dividends
-
3 699
-
-
withholding
-
554
-
-
total
-
554
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 315
1 855
4 974
4 078
After tax
-13 315
3 145
26
922
Living cost
22 473
22 473
22 473
22 473
Free-cash
-35 788
-19 328
-22 447
-21 551

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24324
-₽32118
-₽29706
-₽50502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 754
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 754
Employee
55 502
-
5 000
-
municipal
294
-
-
-
national
8 793
-
-
-
regional
747
-
-
-
social contributions
18 716
-
10 166
-
total
28 550
-
10 166
-
Employer
55 502
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
249
-
-
nationa
-
1 200
-
-
total
-
1 449
-
-
Dividends
-
3 551
-
-
withholding
-
923
-
-
total
-
923
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 550
2 372
10 166
7 754
After tax
-23 550
2 628
-5 166
-2 754
Living cost
26 952
26 952
26 952
26 952
Free-cash
-50 502
-24 324
-32 118
-29 706

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27191
-₽28098
-₽28199
-₽55368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
social contributions
-
-
-
1 460
solidarity contribution
-
-
-
-
health
-
-
-
675
total
-
-
-
2 565
Employee
45 050
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
243
-
income
5 406
-
448
-
health
6 082
-
504
-
total
14 416
-
1 195
-
Employer
45 050
-
3 731
-
health
4 055
-
336
-
social contributions
11 263
-
933
-
total
15 318
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 734
1 557
2 464
2 565
After tax
-24 734
3 443
2 536
2 435
Living cost
30 634
30 634
30 634
30 634
Free-cash
-55 368
-27 191
-28 098
-28 199

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
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.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49507
-₽39288
-₽35688
-₽52273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
21
health
-
-
-
763
pensions
-
-
-
1 846
total
-
-
-
8 767
Employee
43 737
39 873
39 873
-
other
437
399
101
-
unemployment
1 312
1 196
300
-
pensions
4 479
4 082
1 022
-
income
3 896
2 941
4 684
-
health
1 692
1 544
385
-
total
11 816
10 162
6 492
-
Employer
43 737
39 873
39 873
-
chamber of commerce
175
159
159
-
health
1 654
1 508
378
-
pensions
5 489
5 005
1 253
-
accident
568
518
-
-
unemployment
1 312
1 196
300
-
surtax
-
-
-
-
payroll
1 312
1 196
1 196
-
other
2 077
1 893
1 640
-
total
12 587
11 475
4 926
-
Corporate
3 797
3 797
3 797
-
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.

949
949
949
-
total
949
949
949
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
25 352
22 586
12 367
8 767
After tax
-20 352
-17 586
-7 367
-3 767
Living cost
31 921
31 921
31 921
31 921
Free-cash
-52 273
-49 507
-39 288
-35 688

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7818
-₽8568
-₽7618
-₽10710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
5 000
microenterprise

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

-
-
-
50
total
-
-
-
50
Employee
15 710
-
5 000
-
income
3 142
-
1 000
-
total
3 142
-
1 000
-
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%.

-
5 000
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
250
-
-
total
-
250
-
-
Income
5 000
5 000
5 000
5 000
Total tax
3 142
250
1 000
50
After tax
1 858
4 750
4 000
4 950
Living cost
12 568
12 568
12 568
12 568
Free-cash
-10 710
-7 818
-8 568
-7 618

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23394
-₽24004
-₽23823
-₽46135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
573
unemployment
-
-
-
8
health
-
-
-
492
pensions
-
-
-
913
total
-
-
-
1 986
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.

44 244
-
4 326
-
unemployment
63
-
6
-
pensions
6 858
-
670
-
income
7 630
-
539
-
health
2 858
-
279
-
total
17 409
-
1 494
-
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.

44 244
-
4 326
-
health
2 947
-
287
-
pensions
3 915
-
384
-
unemployment
27
-
2
-
total
6 889
-
673
-
Corporate
-
5 000
-
-
income
-
949
-
-
total
-
949
-
-
Dividends
-
4 051
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 298
1 557
2 167
1 986
After tax
-19 298
3 443
2 833
3 014
Living cost
26 837
26 837
26 837
26 837
Free-cash
-46 135
-23 394
-24 004
-23 823

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40769
-₽52168
-₽40707
-₽146392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
875
social contributions
-
-
-
1 021
total
-
-
-
1 896
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
income
-
858
-
-
total
-
858
-
-
Income
5 000
5 000
5 000
5 000
Total tax
107 581
1 958
13 357
1 896
After tax
-102 581
3 042
-8 357
3 104
Living cost
43 811
43 811
43 811
43 811
Free-cash
-146 392
-40 769
-52 168
-40 707

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28539
-₽28309
-₽28413
-₽51947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
292
surtax
-
-
-
-
social contributions

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

-
-
-
1 737
total
-
-
-
2 029
Employee
46 017
-
4 041
-
surtax
-
-
-
-
social contributions
5 062
-
444
-
income
9 572
-
522
-
total
14 634
-
966
-
Employer
46 017
-
4 041
-
social contributions
10 929
-
959
-
total
10 929
-
959
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
surtax
-
-
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
5 000
5 000
5 000
5 000
Total tax
25 563
2 155
1 925
2 029
After tax
-20 563
2 845
3 075
2 971
Living cost
31 384
31 384
31 384
31 384
Free-cash
-51 947
-28 539
-28 309
-28 413

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45802
-₽45051
-₽47495
-₽77239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
142
health
-
-
-
266
pensions
-
-
-
3 606
total
-
-
-
4 170
Employee
62 666
-
3 810
-
pensions
7 088
-
429
-
surtax
-
-
-
-
social contributions
1 785
-
108
-
income
5 468
-
-
-
total
14 341
-
537
-
Employer
62 666
-
3 810
-
health
4 386
-
266
-
pensions
10 297
-
627
-
unemployment
2 539
-
154
-
social contributions
188
-
11
-
other
2 163
-
131
-
total
19 573
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 399
-
-
surtax
-
-
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
surtax
-
-
-
-
social contributions
-
617
-
-
withholding
-
461
-
-
total
-
1 078
-
-
Income
5 000
5 000
5 000
5 000
Total tax
33 914
2 477
1 726
4 170
After tax
-28 914
2 523
3 274
830
Living cost
48 325
48 325
48 325
48 325
Free-cash
-77 239
-45 802
-45 051
-47 495

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25575
-₽26029
-₽26175
-₽32152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
social contributions
-
-
-
1 099
total
-
-
-
1 099
Employee
32 166
-
4 328
-
income
-
-
-
-
social contributions
2 090
-
281
-
total
2 090
-
281
-
Employer
32 166
-
4 328
-
social contributions
4 986
-
672
-
total
4 986
-
672
-
Corporate
-
5 000
-
-
income
-
499
-
-
total
-
499
-
-
Dividends
-
4 501
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 076
499
953
1 099
After tax
-2 076
4 501
4 047
3 901
Living cost
30 076
30 076
30 076
30 076
Free-cash
-32 152
-25 575
-26 029
-26 175

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽212883
-₽212883
-₽44359
-₽212883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
labour market
-
-
-
331
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
867
total
-
-
-
1 198
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
169 722
169 722
169 722
1 198
After tax
-164 722
-164 722
-164 722
3 802
Living cost
48 161
48 161
48 161
48 161
Free-cash
-212 883
-212 883
-212 883
-44 359

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21568
-₽19332
-₽24034
-₽36609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
256
income
-
-
-
-
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
7 061
Employee
34 565
-
4 153
-
pensions
3 892
-
467
-
income
4 742
-
570
-
health
3 958
-
476
-
total
12 592
-
1 513
-
Employer
34 565
-
4 153
-
pensions
5 620
-
675
-
accident
577
-
69
-
unemployment
847
-
102
-
total
7 044
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 636
4 595
2 359
7 061
After tax
-14 636
405
2 641
-2 061
Living cost
21 973
21 973
21 973
21 973
Free-cash
-36 609
-21 568
-19 332
-24 034

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34954
-₽35249
-₽34314
-₽57574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
5 000
health
-
-
-
-
municipal
-
-
-
900
national
-
-
-
-
total
-
-
-
900
Employee
52 641
-
4 206
-
municipal
8 622
-
695
-
unemployment
790
-
63
-
pensions
3 553
-
285
-
national
870
-
-
-
health
393
-
-
-
total
14 228
-
1 043
-
Employer
52 641
-
4 206
-
health
404
-
32
-
pensions
9 133
-
729
-
accident
53
-
4
-
unemployment
342
-
27
-
total
9 932
-
792
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends

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

-
3 000
-
-
municipal
-
539
-
-
national
-
-
-
-
total
-
539
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 160
1 540
1 835
900
After tax
-19 160
3 460
3 165
4 100
Living cost
38 414
38 414
38 414
38 414
Free-cash
-57 574
-34 954
-35 249
-34 314

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
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.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40789
-₽32043
-₽25068
-₽33603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 036
income
-
-
-
-
social contributions
-
-
-
5 933
health
-
-
-
970
total
-
-
-
6 903
Employee
76 937
76 937
76 937
-
social contributions
2 909
6 385
2 153
-
income
8 377
7 122
8 651
-
health
596
1 308
441
-
total
11 882
14 815
11 245
-
Employer
76 937
76 937
76 937
-
health
647
1 424
480
-
social contributions
2 909
6 385
2 153
-
total
3 556
7 809
2 633
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 438
22 624
13 878
6 903
After tax
-10 438
-17 624
-8 878
-1 903
Living cost
23 165
23 165
23 165
23 165
Free-cash
-33 603
-40 789
-32 043
-25 068

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11746
-₽16865
-₽20900
-₽20330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 000
income
-
-
-
-
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
10 014
Employee

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

22 966
-
3 204
-
unemployment
114
-
87
-
pensions
3 444
-
2 615
-
income
1 570
-
-
-
health
1 952
-
1 481
-
total
7 080
-
4 183
-
Employer

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

22 966
-
3 204
-
health
987
-
750
-
pensions
1 263
-
959
-
unemployment
114
-
87
-
total
2 364
-
1 796
-
Corporate
-
5 000
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
4 550
-
-
withholding
-
410
-
-
total
-
410
-
-
Income
5 000
5 000
5 000
5 000
Total tax
9 444
860
5 979
10 014
After tax
-4 444
4 140
-979
-5 014
Living cost
15 886
15 886
15 886
15 886
Free-cash
-20 330
-11 746
-16 865
-20 900

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24071
-₽35288
-₽28968
-₽43789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
194
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
150
pensions
-
-
-
6 089
total
-
-
-
6 454
Employee
36 996
-
-
-
other
36
-
34
-
unemployment
573
-
518
-
pensions
1 739
-
1 570
-
income
7 133
-
-
-
total
9 481
-
2 122
-
Employer
36 996
-
-
-
pensions
8 730
-
7 885
-
accident
733
-
661
-
unemployment
2 035
-
1 838
-
other
296
-
268
-
total
11 794
-
10 652
-
Corporate
-
5 000
-
-
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.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 275
1 557
12 774
6 454
After tax
-16 275
3 443
-7 774
-1 454
Living cost
27 514
27 514
27 514
27 514
Free-cash
-43 789
-24 071
-35 288
-28 968

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1180
₽699
₽557
₽861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
778
health
-
-
-
725
pensions
-
-
-
1 000
total
-
-
-
2 503
Employee
2 954
-
4 082
-
unemployment
30
-
41
-
pensions
266
-
367
-
income
571
-
830
-
health
148
-
204
-
total
1 015
-
1 442
-
Employer
2 954
-
4 082
-
health
281
-
388
-
pensions
325
-
449
-
unemployment
59
-
82
-
total
665
-
919
-
Corporate
1 381
5 000
-
-
income
304
1 100
-
-
total
304
1 100
-
-
Dividends
1 077
3 900
-
-
withholding
215
780
-
-
total
215
780
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 199
1 880
2 361
2 503
After tax
2 801
3 120
2 639
2 497
Living cost
1 940
1 940
1 940
1 940
Free-cash
861
1 180
699
557

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13689
-₽14267
-₽14266
-₽25762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
7
unemployment
-
-
-
78
health
-
-
-
533
pensions
-
-
-
1 346
total
-
-
-
1 964
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.

26 090
-
4 074
-
unemployment
196
-
39
-
pensions
3 653
-
725
-
income
3 596
-
7
-
health
1 344
-
267
-
total
8 789
-
1 038
-
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.

26 090
-
4 074
-
health
1 344
-
267
-
pensions
3 131
-
621
-
unemployment
196
-
39
-
total
4 671
-
927
-
Corporate
-
5 000
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
637
-
-
total
-
637
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 460
1 387
1 965
1 964
After tax
-8 460
3 613
3 035
3 036
Living cost
17 302
17 302
17 302
17 302
Free-cash
-25 762
-13 689
-14 267
-14 266

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24129
-₽23899
-₽24003
-₽43056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
292
surtax
-
-
-
-
social contributions

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

-
-
-
1 737
total
-
-
-
2 029
Employee
38 833
-
4 041
-
surtax
-
-
-
-
social contributions
4 272
-
444
-
income
7 588
-
522
-
total
11 860
-
966
-
Employer
38 833
-
4 041
-
social contributions
9 222
-
959
-
total
9 222
-
959
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
surtax
-
-
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 082
2 155
1 925
2 029
After tax
-16 082
2 845
3 075
2 971
Living cost
26 974
26 974
26 974
26 974
Free-cash
-43 056
-24 129
-23 899
-24 003

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31721
-₽42938
-₽36618
-₽58728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
194
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
150
pensions
-
-
-
6 089
total
-
-
-
6 454
Employee
48 322
-
-
-
other
47
-
34
-
unemployment
748
-
518
-
pensions
2 271
-
1 570
-
income
10 093
-
-
-
total
13 159
-
2 122
-
Employer
48 322
-
-
-
pensions
11 404
-
7 885
-
accident
957
-
661
-
unemployment
2 658
-
1 838
-
other
387
-
268
-
total
15 406
-
10 652
-
Corporate
-
5 000
-
-
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.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 565
1 557
12 774
6 454
After tax
-23 565
3 443
-7 774
-1 454
Living cost
35 164
35 164
35 164
35 164
Free-cash
-58 728
-31 721
-42 938
-36 618

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
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.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12930
-₽14802
-₽14697
-₽22252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
unemployment
-
-
-
26
health
-
-
-
750
pensions

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

-
-
-
966
total
-
-
-
2 492
Employee
22 782
-
3 720
-
accident

We are using the highest rate at 1.1%.

250
-
72
-
pensions

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

2 000
-
573
-
income
2 279
-
372
-
health
1 048
-
300
-
total
5 577
-
1 317
-
Employer
22 782
-
3 720
-
health
1 572
-
450
-
pensions

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

2 511
-
719
-
accident

We are using the highest rate at 1.1%.

250
-
72
-
unemployment
137
-
39
-
total
4 470
-
1 280
-
Corporate
-
5 000
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 047
725
2 597
2 492
After tax
-5 047
4 275
2 403
2 508
Living cost
17 205
17 205
17 205
17 205
Free-cash
-22 252
-12 930
-14 802
-14 697

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35774
-₽40463
-₽40463
-₽44783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
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.

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 835
trade
-
-
-
-
total
-
-
-
6 835
Employee

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

49 783
-
5 000
-
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.

226
-
-
-
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.

4 094
-
-
-
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.

6 835
-
6 835
-
total
11 155
-
6 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
750
-
-
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.

-
42
-
-
chamber of commerce
-
159
-
-
trade
-
718
-
-
total
-
1 669
-
-
Dividends
-
3 331
-
-
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.

-
25
-
-
withholding
-
452
-
-
total
-
477
-
-
Income
5 000
5 000
5 000
5 000
Total tax
11 155
2 146
6 835
6 835
After tax
-6 155
2 854
-1 835
-1 835
Living cost
38 628
38 628
38 628
38 628
Free-cash
-44 783
-35 774
-40 463
-40 463

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53495
-₽51995
-₽51995
-₽73265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
78 265
-
5 000
-
income
14 768
-
-
-
social contributions
6 502
-
-
-
total
21 270
-
-
-
Employer
78 265
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
625
-
-
total
-
625
-
-
Dividends
-
4 375
-
-
withholding
-
875
-
-
total
-
875
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 270
1 500
-
-
After tax
-16 270
3 500
5 000
5 000
Living cost
56 995
56 995
56 995
56 995
Free-cash
-73 265
-53 495
-51 995
-51 995

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36058
-₽34798
-₽65820
-₽48485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
3 261
-
income
4 980
-
-
-
social contributions
4 599
-
1 739
-
total
9 579
-
1 739
-
Employer
45 899
-
3 261
-
social contributions
4 599
-
1 739
-
total
4 599
-
1 739
-
Corporate
-
5 000
-
-
income
-
1 751
-
-
total
-
1 751
-
-
Dividends
-
3 249
-
-
social contributions
2 987
2 987
-
-
total
2 987
2 987
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 165
4 738
3 478
34 500
After tax
-12 165
262
1 522
-29 500
Living cost
36 320
36 320
36 320
36 320
Free-cash
-48 485
-36 058
-34 798
-65 820

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33092
-₽32913
-₽32838
-₽51635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
50 566
-
4 906
-
pensions
3 859
-
-
-
income
9 208
-
981
-
health
660
-
-
-
total
13 727
-
981
-
Employer
50 566
-
4 906
-
health
961
-
94
-
pensions
5 109
-
-
-
total
6 070
-
94
-
Corporate
-
5 000
-
-
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.

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 797
1 254
1 075
1 000
After tax
-14 797
3 746
3 925
4 000
Living cost
36 838
36 838
36 838
36 838
Free-cash
-51 635
-33 092
-32 913
-32 838

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23744
-₽21508
-₽26210
-₽40727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
256
income
-
-
-
-
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
7 061
Employee
37 987
-
4 153
-
pensions
4 277
-
467
-
income
5 211
-
570
-
health
4 349
-
476
-
total
13 837
-
1 513
-
Employer
37 987
-
4 153
-
pensions
6 176
-
675
-
accident
634
-
69
-
unemployment
931
-
102
-
total
7 741
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 578
4 595
2 359
7 061
After tax
-16 578
405
2 641
-2 061
Living cost
24 149
24 149
24 149
24 149
Free-cash
-40 727
-23 744
-21 508
-26 210

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
-₽9264
-₽10847
-₽10856
-₽16622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 092
income
-
-
-
509
unemployment
-
-
-
80
work injury
-
-
-
33
health insurance
-
-
-
493
pensions
-
-
-
1 227
total
-
-
-
2 342
Employee

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

21 623
-
5 000
-
health insurance
1 600
-
493
-
unemployment
259
-
80
-
work injury
108
-
33
-
pensions
3 979
-
1 227
-
income
2 162
-
500
-
total
8 108
-
2 333
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
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
-
5 000
-
-
withholding
-
750
-
-
total
-
750
-
-
Income
5 000
5 000
5 000
5 000
Total tax
8 108
750
2 333
2 342
After tax
-3 108
4 250
2 667
2 658
Living cost
13 514
13 514
13 514
13 514
Free-cash
-16 622
-9 264
-10 847
-10 856

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Rome , Italy
-₽37225
-₽45025
-₽42613
-₽79313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 754
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 754
Employee
84 312
-
5 000
-
municipal
503
-
-
-
national
14 248
-
-
-
regional
1 273
-
-
-
social contributions
28 430
-
10 166
-
total
44 454
-
10 166
-
Employer
84 312
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
241
-
-
nationa
-
1 200
-
-
total
-
1 441
-
-
Dividends
-
3 559
-
-
withholding
-
925
-
-
total
-
925
-
-
Income
5 000
5 000
5 000
5 000
Total tax
44 454
2 366
10 166
7 754
After tax
-39 454
2 634
-5 166
-2 754
Living cost
39 859
39 859
39 859
39 859
Free-cash
-79 313
-37 225
-45 025
-42 613

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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