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
-₽26188
-₽30513
-₽30513
-₽31591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 536
trade
-
-
-
-
total
-
-
-
6 536
Employee

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

36 591
-
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.

56
-
-
-
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.

1 022
-
-
-
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.

6 536
-
6 536
-
total
7 614
-
6 536
-
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
-
152
-
-
trade
-
788
-
-
total
-
1 732
-
-
Dividends
-
3 268
-
-
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
-
454
-
-
total
-
479
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 614
2 211
6 536
6 536
After tax
-2 614
2 789
-1 536
-1 536
Living cost
28 977
28 977
28 977
28 977
Free-cash
-31 591
-26 188
-30 513
-30 513

Estimated living cost  is ₽28977 per week

₽18227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48121
-₽46806
-₽46895
-₽81642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
79 433
-
4 322
-
municipal
9 811
-
-
-
pensions
3 177
-
173
-
national
15 204
-
-
-
total
28 192
-
173
-
Employer
79 433
-
4 322
-
pensions
6 355
-
346
-
social contributions
854
-
46
-
total
7 209
-
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
35 401
1 880
565
654
After tax
-30 401
3 120
4 435
4 346
Living cost
51 241
51 241
51 241
51 241
Free-cash
-81 642
-48 121
-46 806
-46 895

Estimated living cost  is ₽51241 per week

₽34828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15903
-₽18534
-₽18665
-₽29688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 012
microenterprise
-
-
-
750
total
-
-
-
3 762
Employee
27 954
-
2 743
-
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.

3 075
-
1 031
-
income
4 976
-
343
-
total
8 051
-
1 374
-
Employer
27 954
-
2 743
-
social contributions

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

6 734
-
2 257
-
surtax
-
-
-
-
total
6 734
-
2 257
-
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%.

-
1 000
-
-
total
-
1 000
-
-
Dividends

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

-
4 000
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 785
1 000
3 631
3 762
After tax
-9 785
4 000
1 369
1 238
Living cost
19 903
19 903
19 903
19 903
Free-cash
-29 688
-15 903
-18 534
-18 665

Estimated living cost  is ₽19903 per week

₽12697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84629
-₽89998
-₽37194
-₽89998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
768
pensions
-
-
-
900
total
-
-
-
2 118
Employee
81 696
81 696
81 696
-
pensions
14 705
11 209
14 705
-
income

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

13 372
13 372
13 372
-
health
12 539
10 666
12 539
-
total
40 616
35 247
40 616
-
Employer
81 696
81 696
81 696
-
health
5 679
5 679
5 679
-
pensions
5 686
5 686
5 686
-
unemployment
2 941
2 941
2 941
-
total
14 306
14 306
14 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
54 922
49 553
54 922
2 118
After tax
-49 922
-44 553
-49 922
2 882
Living cost
40 076
40 076
40 076
40 076
Free-cash
-89 998
-84 629
-89 998
-37 194

Estimated living cost  is ₽40076 per week

₽28401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36635
-₽36694
-₽36873
-₽68716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
541
total
-
-
-
2 508
Employee
56 092
-
3 804
-
municipal
16 727
-
1 134
-
national
-
-
-
-
total
16 727
-
1 134
-
Employer
56 092
-
3 804
-
health
3 450
-
234
-
pensions
6 063
-
411
-
accident
112
-
8
-
unemployment
1 481
-
100
-
other
6 518
-
442
-
total
17 624
-
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
34 351
2 270
2 329
2 508
After tax
-29 351
2 730
2 671
2 492
Living cost
39 365
39 365
39 365
39 365
Free-cash
-68 716
-36 635
-36 694
-36 873

Estimated living cost  is ₽39365 per week

₽26090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34817
-₽39118
-₽39118
-₽43515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 536
trade
-
-
-
-
total
-
-
-
6 536
Employee

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

48 515
-
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.

229
-
-
-
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.

4 168
-
-
-
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.

6 536
-
6 536
-
total
10 933
-
6 536
-
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
-
152
-
-
trade
-
822
-
-
total
-
1 766
-
-
Dividends
-
3 234
-
-
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.

-
24
-
-
withholding
-
445
-
-
total
-
469
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 933
2 235
6 536
6 536
After tax
-5 933
2 765
-1 536
-1 536
Living cost
37 582
37 582
37 582
37 582
Free-cash
-43 515
-34 817
-39 118
-39 118

Estimated living cost  is ₽37582 per week

₽25135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47663
-₽39299
-₽32631
-₽42434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 368
income
-
-
-
-
social contributions
-
-
-
5 673
health
-
-
-
928
total
-
-
-
6 601
Employee
73 563
73 563
73 563
-
social contributions
3 575
6 105
2 059
-
income
7 725
6 810
8 271
-
health
732
1 251
421
-
total
12 032
14 166
10 751
-
Employer
73 563
73 563
73 563
-
health
797
1 362
459
-
social contributions
3 575
6 105
2 059
-
total
4 372
7 467
2 518
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 404
21 633
13 269
6 601
After tax
-11 404
-16 633
-8 269
-1 601
Living cost
31 030
31 030
31 030
31 030
Free-cash
-42 434
-47 663
-39 299
-32 631

Estimated living cost  is ₽31030 per week

₽21212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17660
-₽16837
-₽14551
-₽25336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
536
unemployment
-
-
-
116
health
-
-
-
541
pensions
-
-
-
772
total
-
-
-
1 965
Employee

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

The minimum wage is 138,000 HUF per month.

25 386
10 103
10 103
-
unemployment
381
152
116
-
pensions
2 539
1 010
777
-
income
3 103
1 235
1 300
-
health
1 777
707
544
-
total
7 800
3 104
2 737
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 386
10 103
10 103
-
pensions
4 950
1 970
1 514
-
total
4 950
1 970
1 514
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
12 750
5 074
4 251
1 965
After tax
-7 750
-74
749
3 035
Living cost
17 586
17 586
17 586
17 586
Free-cash
-25 336
-17 660
-16 837
-14 551

Estimated living cost  is ₽17586 per week

₽12001
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.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19107
-₽22181
-₽21702
-₽31312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 416
pensions
-
-
-
2 179
total
-
-
-
3 595
Employee
27 139
-
1 318
-
unemployment
434
-
174
-
pensions
543
-
218
-
income
3 055
-
-
-
total
4 032
-
392
-
Employer
27 139
-
1 318
-
health
3 527
-
1 416
-
pensions
5 428
-
2 179
-
unemployment
218
-
87
-
total
9 173
-
3 682
-
Corporate
-
5 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
Dividends
-
4 000
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 205
1 000
4 074
3 595
After tax
-8 205
4 000
926
1 405
Living cost
23 107
23 107
23 107
23 107
Free-cash
-31 312
-19 107
-22 181
-21 702

Estimated living cost  is ₽23107 per week

₽15849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
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.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20968
-₽18734
-₽23139
-₽35474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
6 766
Employee
33 621
-
4 153
-
pensions
3 786
-
468
-
income
4 613
-
570
-
health
3 850
-
476
-
total
12 249
-
1 514
-
Employer
33 621
-
4 153
-
pensions
5 467
-
676
-
accident
561
-
69
-
unemployment
824
-
102
-
total
6 852
-
847
-
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
19 101
4 595
2 361
6 766
After tax
-14 101
405
2 639
-1 766
Living cost
21 373
21 373
21 373
21 373
Free-cash
-35 474
-20 968
-18 734
-23 139

Estimated living cost  is ₽21373 per week

₽15665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3121
-₽3871
-₽2921
-₽4839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 839
-
5 000
-
income
1 968
-
1 000
-
total
1 968
-
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
1 968
250
1 000
50
After tax
3 032
4 750
4 000
4 950
Living cost
7 871
7 871
7 871
7 871
Free-cash
-4 839
-3 121
-3 871
-2 921

Estimated living cost  is ₽7871 per week

₽4878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21816
-₽22745
-₽24231
-₽38491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
296
other
-
-
-
494
health
-
-
-
457
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.

-
-
-
2 493
total
-
-
-
3 740
Employee
34 736
-
3 740
-
unemployment
347
-
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.

2 431
-
261
-
income
5 980
-
644
-
health
487
-
53
-
total
9 245
-
996
-
Employer
34 736
-
3 740
-
health
487
-
53
-
pensions

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

5 906
-
635
-
accident
278
-
29
-
unemployment
347
-
38
-
other
1 737
-
503
-
total
8 755
-
1 258
-
Corporate
-
5 000
-
-
income
-
1 049
-
-
total
-
1 049
-
-
Dividends
-
3 951
-
-
withholding
-
276
-
-
total
-
276
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 000
1 325
2 254
3 740
After tax
-13 000
3 675
2 746
1 260
Living cost
25 491
25 491
25 491
25 491
Free-cash
-38 491
-21 816
-22 745
-24 231

Estimated living cost  is ₽25491 per week

₽18011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1721
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.
₽5348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59791
-₽59613
-₽59538
-₽97218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
89 897
-
4 906
-
pensions
8 673
-
-
-
income
16 205
-
981
-
health
1 481
-
-
-
total
26 359
-
981
-
Employer
89 897
-
4 906
-
health
1 707
-
94
-
pensions
10 614
-
-
-
total
12 321
-
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
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
38 680
1 253
1 075
1 000
After tax
-33 680
3 747
3 925
4 000
Living cost
63 538
63 538
63 538
63 538
Free-cash
-97 218
-59 791
-59 613
-59 538

Estimated living cost  is ₽63538 per week

₽47611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8272
-₽10054
-₽9964
-₽14874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25
health
-
-
-
718
pensions

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

-
-
-
924
total
-
-
-
2 417
Employee
16 614
-
3 775
-
accident

We are using the highest rate at 1.1%.

183
-
69
-
pensions

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

1 459
-
548
-
income
1 661
-
378
-
health
764
-
287
-
total
4 067
-
1 282
-
Employer
16 614
-
3 775
-
health
1 147
-
431
-
pensions

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

1 831
-
688
-
accident

We are using the highest rate at 1.1%.

183
-
69
-
unemployment
99
-
37
-
total
3 260
-
1 225
-
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
7 327
725
2 507
2 417
After tax
-2 327
4 275
2 493
2 583
Living cost
12 547
12 547
12 547
12 547
Free-cash
-14 874
-8 272
-10 054
-9 964

Estimated living cost  is ₽12547 per week

₽7325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽97602
-₽102971
-₽50167
-₽99224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
768
pensions
-
-
-
900
total
-
-
-
2 118
Employee
88 695
81 696
81 696
-
pensions
11 209
11 209
14 705
-
income

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

13 372
13 372
13 372
-
health
11 065
10 666
12 539
-
total
35 646
35 247
40 616
-
Employer
88 695
81 696
81 696
-
health
6 163
5 679
5 679
-
pensions
6 173
5 686
5 686
-
unemployment
3 193
2 941
2 941
-
total
15 529
14 306
14 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
51 175
49 553
54 922
2 118
After tax
-46 175
-44 553
-49 922
2 882
Living cost
53 049
53 049
53 049
53 049
Free-cash
-99 224
-97 602
-102 971
-50 167

Estimated living cost  is ₽53049 per week

₽39132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20349
-₽21255
-₽21356
-₽41882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 987
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 274
-
243
-
income
4 198
-
448
-
health
4 723
-
504
-
total
11 195
-
1 195
-
Employer
34 987
-
3 731
-
health
3 149
-
336
-
social contributions
8 747
-
933
-
total
11 896
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
23 091
1 558
2 464
2 565
After tax
-18 091
3 442
2 536
2 435
Living cost
23 791
23 791
23 791
23 791
Free-cash
-41 882
-20 349
-21 255
-21 356

Estimated living cost  is ₽23791 per week

₽16526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37699
-₽45088
-₽42782
-₽80022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 414
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 414
Employee
85 023
-
5 000
-
municipal
450
-
-
-
national
14 732
-
-
-
regional
802
-
-
-
social contributions
28 670
-
9 720
-
total
44 654
-
9 720
-
Employer
85 023
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
194
-
-
nationa
-
1 200
-
-
total
-
1 394
-
-
Dividends
-
3 606
-
-
withholding
-
937
-
-
total
-
937
-
-
Income
5 000
5 000
5 000
5 000
Total tax
44 654
2 331
9 720
7 414
After tax
-39 654
2 669
-4 720
-2 414
Living cost
40 368
40 368
40 368
40 368
Free-cash
-80 022
-37 699
-45 088
-42 782

Estimated living cost  is ₽40368 per week

₽28140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17966
-₽20910
-₽20053
-₽33295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
263
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
218
health
-
-
-
908
pensions
-
-
-
2 554
total
-
-
-
3 943
Employee
31 637
-
2 313
-
other
-
-
-
-
unemployment
2 202
-
888
-
pensions
2 110
-
851
-
surtax
103
-
-
-
income
5 303
-
49
-
health
808
-
325
-
total
10 526
-
2 113
-
Employer
31 637
-
2 313
-
health
1 440
-
581
-
pensions
4 217
-
1 701
-
unemployment
1 002
-
405
-
other
-
-
-
-
total
6 659
-
2 687
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
556
-
-
total
-
556
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 185
1 856
4 800
3 943
After tax
-12 185
3 144
200
1 057
Living cost
21 110
21 110
21 110
21 110
Free-cash
-33 295
-17 966
-20 910
-20 053

Estimated living cost  is ₽21110 per week

₽12908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39661
-₽39483
-₽39408
-₽62914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 247
-
4 906
-
pensions
5 114
-
-
-
income
10 851
-
981
-
health
875
-
-
-
total
16 840
-
981
-
Employer
60 247
-
4 906
-
health
1 144
-
94
-
pensions
6 522
-
-
-
total
7 666
-
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
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 506
1 253
1 075
1 000
After tax
-19 506
3 747
3 925
4 000
Living cost
43 408
43 408
43 408
43 408
Free-cash
-62 914
-39 661
-39 483
-39 408

Estimated living cost  is ₽43408 per week

₽32521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽74228
-₽75296
-₽72374
-₽93072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
250
city
-
-
-
49
national
-
-
-
-
pensions
-
-
-
460
total
-
-
-
859
Employee
89 542
-
3 053
-
unemployment
-
-
-
-
pensions
7 523
-
1 847
-
national
424
-
-
-
regional
2 932
-
-
-
city
961
-
14
-
health
202
-
6
-
total
12 042
-
1 867
-
Employer
89 542
-
3 053
-
health
202
-
6
-
pensions
7 523
-
1 847
-
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.

1 790
-
61
-
total
9 515
-
1 914
-
Corporate
-
5 000
-
-
regional
-
1 057
-
-
national
-
424
-
-
total
-
1 481
-
-
Dividends
-
3 518
-
-
withholding
-
1 232
-
-
total
-
1 232
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 557
2 713
3 781
859
After tax
-16 557
2 287
1 219
4 141
Living cost
76 515
76 515
76 515
76 515
Free-cash
-93 072
-74 228
-75 296
-72 374

Estimated living cost  is ₽76515 per week

₽49756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41087
-₽45362
-₽45362
-₽52495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 536
trade
-
-
-
-
total
-
-
-
6 536
Employee

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

57 494
-
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.

372
-
-
-
income

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

6 761
-
-
-
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.

6 536
-
6 536
-
total
13 669
-
6 536
-
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
-
152
-
-
trade
-
857
-
-
total
-
1 801
-
-
Dividends
-
3 199
-
-
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.

-
24
-
-
withholding
-
436
-
-
total
-
460
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 669
2 261
6 536
6 536
After tax
-8 669
2 739
-1 536
-1 536
Living cost
43 826
43 826
43 826
43 826
Free-cash
-52 495
-41 087
-45 362
-45 362

Estimated living cost  is ₽43826 per week

₽32008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
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.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30211
-₽29456
-₽31746
-₽48729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
254
pensions
-
-
-
3 464
total
-
-
-
4 015
Employee
40 944
-
3 811
-
pensions
4 629
-
430
-
surtax
-
-
-
-
social contributions
1 167
-
107
-
income
2 416
-
-
-
total
8 212
-
537
-
Employer
40 944
-
3 811
-
health
2 867
-
267
-
pensions
6 726
-
625
-
unemployment
1 658
-
154
-
social contributions
123
-
11
-
other
1 412
-
131
-
total
12 786
-
1 188
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 998
2 480
1 725
4 015
After tax
-15 998
2 520
3 275
985
Living cost
32 731
32 731
32 731
32 731
Free-cash
-48 729
-30 211
-29 456
-31 746

Estimated living cost  is ₽32731 per week

₽20638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26968
-₽26213
-₽28503
-₽42963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
254
pensions
-
-
-
3 464
total
-
-
-
4 015
Employee
36 548
-
3 811
-
pensions
4 134
-
430
-
surtax
-
-
-
-
social contributions
1 042
-
107
-
income
1 884
-
-
-
total
7 060
-
537
-
Employer
36 548
-
3 811
-
health
2 558
-
267
-
pensions
6 006
-
625
-
unemployment
1 480
-
154
-
social contributions
109
-
11
-
other
1 262
-
131
-
total
11 415
-
1 188
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 475
2 480
1 725
4 015
After tax
-13 475
2 520
3 275
985
Living cost
29 488
29 488
29 488
29 488
Free-cash
-42 963
-26 968
-26 213
-28 503

Estimated living cost  is ₽29488 per week

₽17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18761
-₽17798
-₽18548
-₽29949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 668
health
-
-
-
844
total
-
-
-
3 262
Employee
32 437
-
5 000
-
social contributions
4 477
-
1 668
-
income
5 410
-
-
-
health
2 264
-
844
-
total
12 151
-
2 512
-
Employer
32 437
-
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
1 668
1 668
-
-
withholding
-
712
-
-
health
844
844
-
-
total
2 512
3 224
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 663
3 475
2 512
3 262
After tax
-9 663
1 525
2 488
1 738
Living cost
20 286
20 286
20 286
20 286
Free-cash
-29 949
-18 761
-17 798
-18 548

Estimated living cost  is ₽20286 per week

₽13576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50495
-₽40727
-₽37281
-₽57663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
189
unemployment
-
-
-
5 868
chamber of commerce
-
-
-
20
health
-
-
-
730
pensions
-
-
-
1 765
total
-
-
-
8 572
Employee
47 810
38 125
38 125
-
other
477
381
96
-
unemployment
1 434
1 144
287
-
pensions
4 896
3 903
977
-
income
5 443
2 812
4 479
-
health
1 850
1 476
369
-
total
14 100
9 716
6 208
-
Employer
47 810
38 125
38 125
-
chamber of commerce
191
152
152
-
health
1 806
1 441
361
-
pensions
6 000
4 786
1 198
-
accident
621
496
2
-
unemployment
1 434
1 144
287
-
surtax
189
189
189
-
payroll
1 434
1 144
1 144
-
other
2 271
1 810
1 569
-
total
13 946
11 162
4 902
-
Corporate
3 631
3 631
3 631
-
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.

908
908
908
-
total
908
908
908
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 954
21 786
12 018
8 572
After tax
-23 954
-16 786
-7 018
-3 572
Living cost
33 709
33 709
33 709
33 709
Free-cash
-57 663
-50 495
-40 727
-37 281

Estimated living cost  is ₽33709 per week

₽22483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31748
-₽32558
-₽34924
-₽83352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 043
national
-
-
-
-
total
-
-
-
5 043
Employee

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

68 431
-
3 874
-
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.

595
-
34
-
communal

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

3 569
-
202
-
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.

5 132
-
290
-
national
21 039
-
842
-
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.

3 215
-
183
-
total
33 550
-
1 551
-
Employer

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

68 431
-
3 874
-
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.

4 208
-
238
-
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.

6 064
-
343
-
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.

890
-
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.

999
-
56
-
surtax
7 759
-
439
-
total
19 920
-
1 125
-
Corporate
-
5 000
-
-
income
-
1 000
-
-
surtax
-
20
-
-
total
-
1 020
-
-
Dividends
-
3 980
-
-
withholding

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

-
846
-
-
total
-
846
-
-
Income
5 000
5 000
5 000
5 000
Total tax
53 470
1 866
2 676
5 043
After tax
-48 470
3 134
2 324
-43
Living cost
34 882
34 882
34 882
34 882
Free-cash
-83 352
-31 748
-32 558
-34 924

Estimated living cost  is ₽34882 per week

₽22468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31107
-₽41764
-₽35719
-₽57800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 822
total
-
-
-
6 170
Employee
47 621
-
-
-
other
47
-
33
-
unemployment
739
-
496
-
pensions
2 238
-
1 501
-
income
10 048
-
-
-
total
13 072
-
2 030
-
Employer
47 621
-
-
-
pensions
11 238
-
7 540
-
accident
942
-
632
-
unemployment
2 620
-
1 757
-
other
379
-
256
-
total
15 179
-
10 185
-
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
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 251
1 558
12 215
6 170
After tax
-23 251
3 442
-7 215
-1 170
Living cost
34 549
34 549
34 549
34 549
Free-cash
-57 800
-31 107
-41 764
-35 719

Estimated living cost  is ₽34549 per week

₽25442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48569
-₽58098
-₽58096
-₽76103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
410
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 413
pensions
-
-
-
7 284
total
-
-
-
11 107
Employee
72 448
-
-
-
pensions
5 795
-
3 642
-
surtax
4 441
-
-
-
income
6 998
-
-
-
health
3 224
-
2 026
-
total
20 458
-
5 668
-
Employer
72 448
-
-
-
health
2 209
-
1 389
-
pensions
5 795
-
3 642
-
accident
652
-
410
-
total
8 656
-
5 441
-
Corporate
-
5 000
-
-
communal
-
-
-
-
income
-
750
-
-
surtax
-
53
-
-
total
-
803
-
-
Dividends
-
4 198
-
-
income
-
147
-
-
withholding
-
630
-
-
total
-
777
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 114
1 580
11 109
11 107
After tax
-24 114
3 420
-6 109
-6 107
Living cost
51 989
51 989
51 989
51 989
Free-cash
-76 103
-48 569
-58 098
-58 096

Estimated living cost  is ₽51989 per week

₽39000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18344
-₽21288
-₽20431
-₽33999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
263
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
218
health
-
-
-
908
pensions
-
-
-
2 554
total
-
-
-
3 943
Employee
32 217
-
2 313
-
other
-
-
-
-
unemployment
2 242
-
888
-
pensions
2 150
-
851
-
surtax
114
-
-
-
income
5 401
-
49
-
health
822
-
325
-
total
10 729
-
2 113
-
Employer
32 217
-
2 313
-
health
1 465
-
581
-
pensions
4 295
-
1 701
-
unemployment
1 022
-
405
-
other
-
-
-
-
total
6 782
-
2 687
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
556
-
-
total
-
556
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 511
1 856
4 800
3 943
After tax
-12 511
3 144
200
1 057
Living cost
21 488
21 488
21 488
21 488
Free-cash
-33 999
-18 344
-21 288
-20 431

Estimated living cost  is ₽21488 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23144
-₽30491
-₽28185
-₽48068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 414
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 414
Employee
53 068
-
5 000
-
municipal
281
-
-
-
national
8 407
-
-
-
regional
714
-
-
-
social contributions
17 895
-
9 720
-
total
27 297
-
9 720
-
Employer
53 068
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
249
-
-
nationa
-
1 200
-
-
total
-
1 449
-
-
Dividends
-
3 551
-
-
withholding
-
924
-
-
total
-
924
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 297
2 373
9 720
7 414
After tax
-22 297
2 627
-4 720
-2 414
Living cost
25 771
25 771
25 771
25 771
Free-cash
-48 068
-23 144
-30 491
-28 185

Estimated living cost  is ₽25771 per week

₽16027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25875
-₽26781
-₽26882
-₽52771
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
43 113
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 802
-
243
-
income
5 174
-
448
-
health
5 820
-
504
-
total
13 796
-
1 195
-
Employer
43 113
-
3 731
-
health
3 880
-
336
-
social contributions
10 778
-
933
-
total
14 658
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 454
1 558
2 464
2 565
After tax
-23 454
3 442
2 536
2 435
Living cost
29 317
29 317
29 317
29 317
Free-cash
-52 771
-25 875
-26 781
-26 882

Estimated living cost  is ₽29317 per week

₽21802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47118
-₽37352
-₽33904
-₽49761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 868
chamber of commerce
-
-
-
20
health
-
-
-
730
pensions
-
-
-
1 765
total
-
-
-
8 383
Employee
41 819
38 125
38 125
-
other
418
381
96
-
unemployment
1 254
1 144
287
-
pensions
4 283
3 903
977
-
income
3 725
2 812
4 479
-
health
1 618
1 476
369
-
total
11 298
9 716
6 208
-
Employer
41 819
38 125
38 125
-
chamber of commerce
167
152
152
-
health
1 581
1 441
361
-
pensions
5 249
4 786
1 198
-
accident
543
496
4
-
unemployment
1 254
1 144
287
-
surtax
-
-
-
-
payroll
1 254
1 144
1 144
-
other
1 986
1 810
1 569
-
total
12 034
10 973
4 715
-
Corporate
3 631
3 631
3 631
-
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.

908
908
908
-
total
908
908
908
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 240
21 597
11 831
8 383
After tax
-19 240
-16 597
-6 831
-3 383
Living cost
30 521
30 521
30 521
30 521
Free-cash
-49 761
-47 118
-37 352
-33 904

Estimated living cost  is ₽30521 per week

₽18309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3117
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.
₽8551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7516
-₽8266
-₽7316
-₽10333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 333
-
5 000
-
income
3 067
-
1 000
-
total
3 067
-
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
3 067
250
1 000
50
After tax
1 933
4 750
4 000
4 950
Living cost
12 266
12 266
12 266
12 266
Free-cash
-10 333
-7 516
-8 266
-7 316

Estimated living cost  is ₽12266 per week

₽8301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22217
-₽22828
-₽22646
-₽43890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
574
unemployment
-
-
-
7
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.

42 304
-
4 328
-
unemployment
60
-
5
-
pensions
6 557
-
672
-
income
7 295
-
539
-
health
2 732
-
280
-
total
16 644
-
1 496
-
Employer

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

42 304
-
4 328
-
health
2 818
-
287
-
pensions
3 743
-
383
-
unemployment
25
-
2
-
total
6 586
-
672
-
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
23 230
1 557
2 168
1 986
After tax
-18 230
3 443
2 832
3 014
Living cost
25 660
25 660
25 660
25 660
Free-cash
-43 890
-22 217
-22 828
-22 646

Estimated living cost  is ₽25660 per week

₽17610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38537
-₽49256
-₽38435
-₽138681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
887
social contributions
-
-
-
969
total
-
-
-
1 856
Employee
59 619
-
-
-
social contributions
4 889
-
697
-
income
13 151
-
-
-
total
18 040
-
697
-
Employer
59 619
-
-
-
social contributions
84 062
-
11 980
-
total
84 062
-
11 980
-
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
102 102
1 958
12 677
1 856
After tax
-97 102
3 042
-7 677
3 144
Living cost
41 579
41 579
41 579
41 579
Free-cash
-138 681
-38 537
-49 256
-38 435

Estimated living cost  is ₽41579 per week

₽26978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
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.
₽10160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27163
-₽26933
-₽27037
-₽49450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
43 999
-
4 040
-
surtax
-
-
-
-
social contributions
4 840
-
445
-
income
9 152
-
521
-
total
13 992
-
966
-
Employer
43 999
-
4 040
-
social contributions
10 450
-
959
-
total
10 450
-
959
-
Corporate
-
5 000
-
-
income
-
1 049
-
-
surtax
-
-
-
-
total
-
1 049
-
-
Dividends
-
3 951
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 442
2 155
1 925
2 029
After tax
-19 442
2 845
3 075
2 971
Living cost
30 008
30 008
30 008
30 008
Free-cash
-49 450
-27 163
-26 933
-27 037

Estimated living cost  is ₽30008 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
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.
₽5285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43686
-₽42931
-₽45221
-₽73632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
154
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
254
pensions
-
-
-
3 464
total
-
-
-
4 015
Employee
59 918
-
3 811
-
pensions
6 777
-
430
-
surtax
-
-
-
-
social contributions
1 707
-
107
-
income
5 228
-
-
-
total
13 712
-
537
-
Employer
59 918
-
3 811
-
health
4 194
-
267
-
pensions
9 845
-
625
-
unemployment
2 427
-
154
-
social contributions
180
-
11
-
other
2 068
-
131
-
total
18 714
-
1 188
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
32 426
2 480
1 725
4 015
After tax
-27 426
2 520
3 275
985
Living cost
46 206
46 206
46 206
46 206
Free-cash
-73 632
-43 686
-42 931
-45 221

Estimated living cost  is ₽46206 per week

₽31271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24256
-₽24710
-₽24855
-₽30523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 098
total
-
-
-
1 098
Employee
30 756
-
4 328
-
income
-
-
-
-
social contributions
1 999
-
281
-
total
1 999
-
281
-
Employer
30 756
-
4 328
-
social contributions
4 767
-
672
-
total
4 767
-
672
-
Corporate
-
5 000
-
-
income
-
499
-
-
total
-
499
-
-
Dividends
-
4 501
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
6 766
499
953
1 098
After tax
-1 766
4 501
4 047
3 902
Living cost
28 757
28 757
28 757
28 757
Free-cash
-30 523
-24 256
-24 710
-24 855

Estimated living cost  is ₽28757 per week

₽18594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽203235
-₽203235
-₽42191
-₽203235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
334
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
828
total
-
-
-
1 162
Employee
194 276
194 276
194 276
-
municipal
41 370
41 370
41 370
-
labour market
15 520
15 520
15 520
-
pensions
276
276
276
-
national
23 734
23 734
23 734
-
total
80 900
80 900
80 900
-
Employer
194 276
194 276
194 276
-
national
23 776
23 776
23 776
-
labour market
15 542
15 542
15 542
-
pensions
552
552
552
-
municipal
41 436
41 436
41 436
-
total
81 306
81 306
81 306
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
162 206
162 206
162 206
1 162
After tax
-157 206
-157 206
-157 206
3 838
Living cost
46 029
46 029
46 029
46 029
Free-cash
-203 235
-203 235
-203 235
-42 191

Estimated living cost  is ₽46029 per week

₽31502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20653
-₽18419
-₽22824
-₽34876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
6 766
Employee
33 126
-
4 153
-
pensions
3 730
-
468
-
income
4 544
-
570
-
health
3 793
-
476
-
total
12 067
-
1 514
-
Employer
33 126
-
4 153
-
pensions
5 386
-
676
-
accident
553
-
69
-
unemployment
812
-
102
-
total
6 751
-
847
-
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
18 818
4 595
2 361
6 766
After tax
-13 818
405
2 639
-1 766
Living cost
21 058
21 058
21 058
21 058
Free-cash
-34 876
-20 653
-18 419
-22 824

Estimated living cost  is ₽21058 per week

₽15328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽33268
-₽33565
-₽32629
-₽54829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
50 332
-
4 207
-
municipal
8 244
-
695
-
unemployment
755
-
64
-
pensions
3 397
-
283
-
national
831
-
-
-
health
376
-
-
-
total
13 603
-
1 042
-
Employer
50 332
-
4 207
-
health
387
-
33
-
pensions
8 732
-
730
-
accident
51
-
4
-
unemployment
327
-
27
-
total
9 497
-
794
-
Corporate
-
5 000
-
-
income
-
1 000
-
-
total
-
1 000
-
-
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
23 100
1 539
1 836
900
After tax
-18 100
3 461
3 164
4 100
Living cost
36 729
36 729
36 729
36 729
Free-cash
-54 829
-33 268
-33 565
-32 629

Estimated living cost  is ₽36729 per week

₽23991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38783
-₽30419
-₽23751
-₽31911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 368
income
-
-
-
-
social contributions
-
-
-
5 673
health
-
-
-
928
total
-
-
-
6 601
Employee
73 563
73 563
73 563
-
social contributions
2 781
6 105
2 059
-
income
8 010
6 810
8 271
-
health
570
1 251
421
-
total
11 361
14 166
10 751
-
Employer
73 563
73 563
73 563
-
health
619
1 362
459
-
social contributions
2 781
6 105
2 059
-
total
3 400
7 467
2 518
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 761
21 633
13 269
6 601
After tax
-9 761
-16 633
-8 269
-1 601
Living cost
22 150
22 150
22 150
22 150
Free-cash
-31 911
-38 783
-30 419
-23 751

Estimated living cost  is ₽22150 per week

₽13275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11049
-₽15907
-₽19763
-₽19218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
health
-
-
-
3 462
pensions
-
-
-
6 085
total
-
-
-
9 574
Employee

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

21 959
-
3 283
-
unemployment
109
-
84
-
pensions
3 293
-
2 500
-
income
1 501
-
-
-
health
1 866
-
1 416
-
total
6 769
-
4 000
-
Employer

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

21 959
-
3 283
-
health
944
-
717
-
pensions
1 207
-
917
-
unemployment
109
-
84
-
total
2 260
-
1 718
-
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
9 029
860
5 718
9 574
After tax
-4 029
4 140
-718
-4 574
Living cost
15 189
15 189
15 189
15 189
Free-cash
-19 218
-11 049
-15 907
-19 763

Estimated living cost  is ₽15189 per week

₽9691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22865
-₽33522
-₽27477
-₽41650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 822
total
-
-
-
6 170
Employee
35 374
-
-
-
other
34
-
33
-
unemployment
548
-
496
-
pensions
1 663
-
1 501
-
income
6 820
-
-
-
total
9 065
-
2 030
-
Employer
35 374
-
-
-
pensions
8 348
-
7 540
-
accident
701
-
632
-
unemployment
1 946
-
1 757
-
other
283
-
256
-
total
11 278
-
10 185
-
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
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 343
1 558
12 215
6 170
After tax
-15 343
3 442
-7 215
-1 170
Living cost
26 307
26 307
26 307
26 307
Free-cash
-41 650
-22 865
-33 522
-27 477

Estimated living cost  is ₽26307 per week

₽17757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2529
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.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1253
₽768
₽626
₽948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
782
health
-
-
-
725
pensions
-
-
-
1 000
total
-
-
-
2 507
Employee
2 844
-
4 082
-
unemployment
28
-
41
-
pensions
256
-
367
-
income
550
-
834
-
health
142
-
204
-
total
976
-
1 446
-
Employer
2 844
-
4 082
-
health
270
-
388
-
pensions
313
-
449
-
unemployment
57
-
82
-
total
640
-
919
-
Corporate
1 516
5 000
-
-
income
333
1 100
-
-
total
333
1 100
-
-
Dividends
1 182
3 900
-
-
withholding
236
780
-
-
total
236
780
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 185
1 880
2 365
2 507
After tax
2 815
3 120
2 635
2 493
Living cost
1 867
1 867
1 867
1 867
Free-cash
948
1 253
768
626

Estimated living cost  is ₽1867 per week

₽1110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12933
-₽13444
-₽13462
-₽24415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
unemployment
-
-
-
75
health
-
-
-
515
pensions
-
-
-
1 300
total
-
-
-
1 917
Employee

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

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

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

24 949
-
4 114
-
unemployment
187
-
37
-
pensions
3 493
-
693
-
income
3 439
-
28
-
health
1 285
-
255
-
total
8 404
-
1 013
-
Employer

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

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

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

24 949
-
4 114
-
health
1 285
-
255
-
pensions
2 994
-
594
-
unemployment
187
-
37
-
total
4 466
-
886
-
Corporate
-
5 000
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
638
-
-
total
-
638
-
-
Income
5 000
5 000
5 000
5 000
Total tax
12 870
1 388
1 899
1 917
After tax
-7 870
3 612
3 101
3 083
Living cost
16 545
16 545
16 545
16 545
Free-cash
-24 415
-12 933
-13 444
-13 462

Estimated living cost  is ₽16545 per week

₽11140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22946
-₽22716
-₽22820
-₽40949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
37 131
-
4 040
-
surtax
-
-
-
-
social contributions
4 085
-
445
-
income
7 255
-
521
-
total
11 340
-
966
-
Employer
37 131
-
4 040
-
social contributions
8 818
-
959
-
total
8 818
-
959
-
Corporate
-
5 000
-
-
income
-
1 049
-
-
surtax
-
-
-
-
total
-
1 049
-
-
Dividends
-
3 951
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 158
2 155
1 925
2 029
After tax
-15 158
2 845
3 075
2 971
Living cost
25 791
25 791
25 791
25 791
Free-cash
-40 949
-22 946
-22 716
-22 820

Estimated living cost  is ₽25791 per week

₽18267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30180
-₽40837
-₽34792
-₽55934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
143
pensions
-
-
-
5 822
total
-
-
-
6 170
Employee
46 203
-
-
-
other
45
-
33
-
unemployment
715
-
496
-
pensions
2 171
-
1 501
-
income
9 650
-
-
-
total
12 581
-
2 030
-
Employer
46 203
-
-
-
pensions
10 904
-
7 540
-
accident
915
-
632
-
unemployment
2 542
-
1 757
-
other
370
-
256
-
total
14 731
-
10 185
-
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
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 312
1 558
12 215
6 170
After tax
-22 312
3 442
-7 215
-1 170
Living cost
33 622
33 622
33 622
33 622
Free-cash
-55 934
-30 180
-40 837
-34 792

Estimated living cost  is ₽33622 per week

₽24146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽6389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12187
-₽13969
-₽13879
-₽21076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25
health
-
-
-
718
pensions

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

-
-
-
924
total
-
-
-
2 417
Employee
21 799
-
3 775
-
accident

We are using the highest rate at 1.1%.

240
-
69
-
pensions

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

1 914
-
548
-
income
2 180
-
378
-
health
1 003
-
287
-
total
5 337
-
1 282
-
Employer
21 799
-
3 775
-
health
1 504
-
431
-
pensions

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

2 402
-
688
-
accident

We are using the highest rate at 1.1%.

240
-
69
-
unemployment
131
-
37
-
total
4 277
-
1 225
-
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
9 614
725
2 507
2 417
After tax
-4 614
4 275
2 493
2 583
Living cost
16 462
16 462
16 462
16 462
Free-cash
-21 076
-12 187
-13 969
-13 879

Estimated living cost  is ₽16462 per week

₽10888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽34092
-₽38470
-₽38470
-₽42600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 536
trade
-
-
-
-
total
-
-
-
6 536
Employee

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

47 600
-
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.

216
-
-
-
income

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

3 914
-
-
-
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.

6 536
-
6 536
-
total
10 666
-
6 536
-
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
-
152
-
-
trade
-
717
-
-
total
-
1 661
-
-
Dividends
-
3 339
-
-
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
-
472
-
-
total
-
497
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 666
2 158
6 536
6 536
After tax
-5 666
2 842
-1 536
-1 536
Living cost
36 934
36 934
36 934
36 934
Free-cash
-42 600
-34 092
-38 470
-38 470

Estimated living cost  is ₽36934 per week

₽25478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50996
-₽49496
-₽49496
-₽69834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
74 833
-
5 000
-
income
14 121
-
-
-
social contributions
6 217
-
-
-
total
20 338
-
-
-
Employer
74 833
-
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
20 338
1 500
-
-
After tax
-15 338
3 500
5 000
5 000
Living cost
54 496
54 496
54 496
54 496
Free-cash
-69 834
-50 996
-49 496
-49 496

Estimated living cost  is ₽54496 per week

₽41460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34333
-₽33053
-₽62847
-₽46139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 232
health

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

-
-
-
5 888
total
-
-
-
33 120
Employee
43 886
-
3 337
-
income
4 762
-
-
-
social contributions
4 397
-
1 663
-
total
9 159
-
1 663
-
Employer
43 886
-
3 337
-
social contributions
4 397
-
1 663
-
total
4 397
-
1 663
-
Corporate
-
5 000
-
-
income
-
1 750
-
-
total
-
1 750
-
-
Dividends
-
3 250
-
-
social contributions
2 856
2 856
-
-
total
2 856
2 856
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 412
4 606
3 326
33 120
After tax
-11 412
394
1 674
-28 120
Living cost
34 727
34 727
34 727
34 727
Free-cash
-46 139
-34 333
-33 053
-62 847

Estimated living cost  is ₽34727 per week

₽22875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31542
-₽31364
-₽31289
-₽49254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
48 439
-
4 906
-
pensions
3 697
-
-
-
income
8 821
-
981
-
health
632
-
-
-
total
13 150
-
981
-
Employer
48 439
-
4 906
-
health
921
-
94
-
pensions
4 894
-
-
-
total
5 815
-
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
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 965
1 253
1 075
1 000
After tax
-13 965
3 747
3 925
4 000
Living cost
35 289
35 289
35 289
35 289
Free-cash
-49 254
-31 542
-31 364
-31 289

Estimated living cost  is ₽35289 per week

₽24208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22738
-₽20504
-₽24909
-₽38823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
6 766
Employee
36 405
-
4 153
-
pensions
4 099
-
468
-
income
4 994
-
570
-
health
4 168
-
476
-
total
13 261
-
1 514
-
Employer
36 405
-
4 153
-
pensions
5 919
-
676
-
accident
608
-
69
-
unemployment
892
-
102
-
total
7 419
-
847
-
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
20 680
4 595
2 361
6 766
After tax
-15 680
405
2 639
-1 766
Living cost
23 143
23 143
23 143
23 143
Free-cash
-38 823
-22 738
-20 504
-24 909

Estimated living cost  is ₽23143 per week

₽16984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8656
-₽10156
-₽10156
-₽15648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 000
income
-
-
-
500
unemployment
-
-
-
76
work injury
-
-
-
32
health insurance
-
-
-
471
pensions
-
-
-
1 171
total
-
-
-
2 250
Employee

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

20 649
-
5 000
-
health insurance
1 528
-
471
-
unemployment
248
-
76
-
work injury
103
-
32
-
pensions
3 799
-
1 171
-
income
2 065
-
500
-
total
7 743
-
2 250
-
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
7 743
750
2 250
2 250
After tax
-2 743
4 250
2 750
2 750
Living cost
12 905
12 905
12 905
12 905
Free-cash
-15 648
-8 656
-10 156
-10 156

Estimated living cost  is ₽12905 per week

₽7995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35478
-₽42832
-₽40526
-₽75616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 414
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 414
Employee
80 615
-
5 000
-
municipal
481
-
-
-
national
13 623
-
-
-
regional
1 217
-
-
-
social contributions
27 183
-
9 720
-
total
42 504
-
9 720
-
Employer
80 615
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
241
-
-
nationa
-
1 200
-
-
total
-
1 441
-
-
Dividends
-
3 559
-
-
withholding
-
926
-
-
total
-
926
-
-
Income
5 000
5 000
5 000
5 000
Total tax
42 504
2 367
9 720
7 414
After tax
-37 504
2 633
-4 720
-2 414
Living cost
38 112
38 112
38 112
38 112
Free-cash
-75 616
-35 478
-42 832
-40 526

Estimated living cost  is ₽38112 per week

₽26771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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