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
-₽31114
-₽26673
-₽31114
-₽32210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 646
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 646
Employee

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

37 211
-
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.

57
-
-
-
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.

1 039
-
-
-
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.

6 646
-
6 646
-
total
7 742
-
6 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
chamber of commerce
-
155
-
-
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.

-
41
-
-
trade
-
788
-
-
income
-
750
-
-
total
-
1 734
-
-
Dividends
-
3 266
-
-
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
-
447
-
-
total
-
471
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 742
2 205
6 646
6 646
After tax
-2 742
2 795
-1 646
-1 646
Living cost
29 468
29 468
29 468
29 468
Free-cash
-32 210
-26 673
-31 114
-31 114

Estimated living cost  is ₽29468 per week

₽18536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽6945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46786
-₽48101
-₽46875
-₽81609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
600
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
654
Employee
79 403
-
4 322
-
municipal
9 808
-
-
-
national
15 198
-
-
-
pensions
3 176
-
173
-
total
28 182
-
173
-
Employer
79 403
-
4 322
-
pensions
6 352
-
346
-
social contributions
854
-
46
-
total
7 206
-
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
35 388
1 880
565
654
After tax
-30 388
3 120
4 435
4 346
Living cost
51 221
51 221
51 221
51 221
Free-cash
-81 609
-48 101
-46 786
-46 875

Estimated living cost  is ₽51221 per week

₽34815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4761
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.
₽10879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18914
-₽16241
-₽19053
-₽30275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 063
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
750
total
-
-
-
3 813
Employee
28 428
-
2 705
-
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.

3 127
-
1 049
-
income
5 060
-
330
-
total
8 187
-
1 379
-
Employer
28 428
-
2 705
-
surtax
-
-
-
-
social contributions

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

6 848
-
2 295
-
total
6 848
-
2 295
-
Corporate
-
5 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

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

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

-
3 999
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 035
1 001
3 674
3 813
After tax
-10 035
3 999
1 326
1 187
Living cost
20 240
20 240
20 240
20 240
Free-cash
-30 275
-16 241
-18 914
-19 053

Estimated living cost  is ₽20240 per week

₽12912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91608
-₽86148
-₽37872
-₽91608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
766
income
-
-
-
450
pensions
-
-
-
901
total
-
-
-
2 117
Employee
83 080
83 080
83 080
-
income

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

13 599
13 599
13 599
-
pensions
14 954
11 399
14 954
-
health
12 752
10 847
12 752
-
total
41 305
35 845
41 305
-
Employer
83 080
83 080
83 080
-
unemployment
2 991
2 991
2 991
-
health
5 775
5 775
5 775
-
pensions
5 782
5 782
5 782
-
total
14 548
14 548
14 548
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
55 853
50 393
55 853
2 117
After tax
-50 853
-45 393
-50 853
2 883
Living cost
40 755
40 755
40 755
40 755
Free-cash
-91 608
-86 148
-91 608
-37 872

Estimated living cost  is ₽40755 per week

₽28882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37750
-₽37690
-₽37928
-₽70691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
581
health
-
-
-
312
accident
-
-
-
10
pensions
-
-
-
541
national
-
-
-
-
unemployment
-
-
-
5
municipal
-
-
-
1 059
total
-
-
-
2 508
Employee
57 595
-
3 805
-
municipal
17 175
-
1 135
-
national
-
-
-
-
total
17 175
-
1 135
-
Employer
57 595
-
3 805
-
other
6 693
-
442
-
unemployment
1 520
-
100
-
health
3 542
-
234
-
accident
115
-
8
-
pensions
6 226
-
411
-
total
18 096
-
1 195
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
withholding
-
1 170
-
-
total
-
1 170
-
-
Income
5 000
5 000
5 000
5 000
Total tax
35 271
2 270
2 330
2 508
After tax
-30 271
2 730
2 670
2 492
Living cost
40 420
40 420
40 420
40 420
Free-cash
-70 691
-37 690
-37 750
-37 928

Estimated living cost  is ₽40420 per week

₽26789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39865
-₽35450
-₽39865
-₽44337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 646
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 646
Employee

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

49 337
-
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.

233
-
-
-
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.

4 239
-
-
-
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.

6 646
-
6 646
-
total
11 118
-
6 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
chamber of commerce
-
155
-
-
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.

-
41
-
-
trade
-
823
-
-
income
-
750
-
-
total
-
1 769
-
-
Dividends
-
3 231
-
-
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
-
438
-
-
total
-
462
-
-
Income
5 000
5 000
5 000
5 000
Total tax
11 118
2 231
6 646
6 646
After tax
-6 118
2 769
-1 646
-1 646
Living cost
38 219
38 219
38 219
38 219
Free-cash
-44 337
-35 450
-39 865
-39 865

Estimated living cost  is ₽38219 per week

₽25561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
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.
₽8057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40049
-₽48555
-₽33267
-₽43235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 984
social contributions
-
-
-
5 769
health
-
-
-
943
income
-
-
-
-
total
-
-
-
6 712
Employee
74 810
74 810
74 810
-
social contributions
3 635
6 209
2 094
-
income
7 856
6 925
8 411
-
health
744
1 272
428
-
total
12 235
14 406
10 933
-
Employer
74 810
74 810
74 810
-
health
810
1 385
467
-
social contributions
3 635
6 209
2 094
-
total
4 445
7 594
2 561
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 680
22 000
13 494
6 712
After tax
-11 680
-17 000
-8 494
-1 712
Living cost
31 555
31 555
31 555
31 555
Free-cash
-43 235
-48 555
-40 049
-33 267

Estimated living cost  is ₽31555 per week

₽21571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
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.
₽6990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16951
-₽17779
-₽14649
-₽25495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
544
income
-
-
-
535
pensions
-
-
-
776
unemployment
-
-
-
116
total
-
-
-
1 971
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.

25 519
10 156
10 156
-
income
3 120
1 242
1 307
-
pensions
2 552
1 016
781
-
health
1 786
711
546
-
unemployment
383
152
117
-
total
7 841
3 121
2 751
-
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.

25 519
10 156
10 156
-
pensions
4 976
1 980
1 522
-
total
4 976
1 980
1 522
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
12 817
5 101
4 273
1 971
After tax
-7 817
-101
727
3 029
Living cost
17 678
17 678
17 678
17 678
Free-cash
-25 495
-17 779
-16 951
-14 649

Estimated living cost  is ₽17678 per week

₽12064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22642
-₽19500
-₽22154
-₽31928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 440
income
-
-
-
-
pensions
-
-
-
2 215
total
-
-
-
3 655
Employee
27 599
-
1 256
-
income
3 107
-
-
-
pensions
552
-
222
-
unemployment
441
-
177
-
total
4 100
-
399
-
Employer
27 599
-
1 256
-
unemployment
222
-
89
-
health
3 587
-
1 440
-
pensions
5 520
-
2 215
-
total
9 329
-
3 744
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends
-
3 999
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 429
1 001
4 143
3 655
After tax
-8 429
3 999
857
1 345
Living cost
23 499
23 499
23 499
23 499
Free-cash
-31 928
-19 500
-22 642
-22 154

Estimated living cost  is ₽23499 per week

₽16117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18880
-₽21116
-₽23334
-₽35752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
-
pensions
-
-
-
4 070
total
-
-
-
6 813
Employee
33 854
-
4 154
-
income
4 644
-
570
-
pensions
3 812
-
468
-
health
3 876
-
475
-
total
12 332
-
1 513
-
Employer
33 854
-
4 154
-
unemployment
829
-
102
-
accident
565
-
69
-
pensions
5 505
-
675
-
total
6 899
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 231
4 595
2 359
6 813
After tax
-14 231
405
2 641
-1 813
Living cost
21 521
21 521
21 521
21 521
Free-cash
-35 752
-21 116
-18 880
-23 334

Estimated living cost  is ₽21521 per week

₽15773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3982
-₽3232
-₽3032
-₽4977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 977
-
5 000
-
income
1 995
-
1 000
-
total
1 995
-
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
1 995
250
1 000
50
After tax
3 005
4 750
4 000
4 950
Living cost
7 982
7 982
7 982
7 982
Free-cash
-4 977
-3 232
-3 982
-3 032

Estimated living cost  is ₽7982 per week

₽4947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23181
-₽22250
-₽24709
-₽39227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
502
health
-
-
-
465
income
-
-
-
284
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.

-
-
-
2 535
total
-
-
-
3 786
Employee
35 324
-
3 735
-
income
6 081
-
642
-
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.

2 472
-
262
-
health
495
-
52
-
unemployment
353
-
37
-
total
9 401
-
993
-
Employer
35 324
-
3 735
-
other
1 767
-
511
-
unemployment
353
-
37
-
health
495
-
52
-
accident
282
-
30
-
pensions

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

6 006
-
635
-
total
8 903
-
1 265
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 304
1 327
2 258
3 786
After tax
-13 304
3 673
2 742
1 214
Living cost
25 923
25 923
25 923
25 923
Free-cash
-39 227
-22 250
-23 181
-24 709

Estimated living cost  is ₽25923 per week

₽18316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60593
-₽60772
-₽60519
-₽98795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
91 283
-
4 907
-
income
16 455
-
982
-
health
1 504
-
-
-
pensions
8 806
-
-
-
total
26 765
-
982
-
Employer
91 283
-
4 907
-
health
1 734
-
93
-
pensions
10 778
-
-
-
total
12 512
-
93
-
Corporate
-
5 000
-
-
income

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

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
39 277
1 254
1 075
1 001
After tax
-34 277
3 746
3 925
3 999
Living cost
64 518
64 518
64 518
64 518
Free-cash
-98 795
-60 772
-60 593
-60 519

Estimated living cost  is ₽64518 per week

₽48344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10103
-₽8316
-₽10013
-₽14946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
720
income
-
-
-
750
pensions

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

-
-
-
927
unemployment
-
-
-
25
total
-
-
-
2 422
Employee
16 673
-
3 771
-
income
1 667
-
377
-
accident

We are using the highest rate at 1.1%.

184
-
69
-
pensions

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

1 464
-
550
-
health
767
-
288
-
total
4 082
-
1 284
-
Employer
16 673
-
3 771
-
unemployment
100
-
37
-
health
1 151
-
432
-
accident

We are using the highest rate at 1.1%.

184
-
69
-
pensions

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

1 838
-
690
-
total
3 273
-
1 228
-
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
7 355
725
2 512
2 422
After tax
-2 355
4 275
2 488
2 578
Living cost
12 591
12 591
12 591
12 591
Free-cash
-14 946
-8 316
-10 103
-10 013

Estimated living cost  is ₽12591 per week

₽7351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽104800
-₽99340
-₽51064
-₽100990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
766
income
-
-
-
450
pensions
-
-
-
901
total
-
-
-
2 117
Employee
90 198
83 080
83 080
-
income

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

13 599
13 599
13 599
-
pensions
11 399
11 399
14 954
-
health
11 253
10 847
12 752
-
total
36 251
35 845
41 305
-
Employer
90 198
83 080
83 080
-
unemployment
3 247
2 991
2 991
-
health
6 268
5 775
5 775
-
pensions
6 277
5 782
5 782
-
total
15 792
14 548
14 548
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
52 043
50 393
55 853
2 117
After tax
-47 043
-45 393
-50 853
2 883
Living cost
53 947
53 947
53 947
53 947
Free-cash
-100 990
-99 340
-104 800
-51 064

Estimated living cost  is ₽53947 per week

₽39795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21449
-₽20544
-₽21551
-₽42267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 460
health
-
-
-
675
income
-
-
-
430
solidarity contribution
-
-
-
-
total
-
-
-
2 565
Employee
35 274
-
3 731
-
social contributions
2 293
-
242
-
solidarity contribution
-
-
-
-
income
4 233
-
448
-
health
4 762
-
504
-
total
11 288
-
1 194
-
Employer
35 274
-
3 731
-
health
3 175
-
336
-
social contributions
8 818
-
933
-
total
11 993
-
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
23 281
1 558
2 463
2 565
After tax
-18 281
3 442
2 537
2 435
Living cost
23 986
23 986
23 986
23 986
Free-cash
-42 267
-20 544
-21 449
-21 551

Estimated living cost  is ₽23986 per week

₽16661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45937
-₽38386
-₽43592
-₽81463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 540
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 540
Employee
86 463
-
5 000
-
social contributions
29 155
-
9 885
-
municipal
458
-
-
-
national
14 982
-
-
-
regional
816
-
-
-
total
45 411
-
9 885
-
Employer
86 463
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 200
-
-
municipal
-
196
-
-
total
-
1 396
-
-
Dividends
-
3 604
-
-
withholding
-
938
-
-
total
-
938
-
-
Income
5 000
5 000
5 000
5 000
Total tax
45 411
2 334
9 885
7 540
After tax
-40 411
2 666
-4 885
-2 540
Living cost
41 052
41 052
41 052
41 052
Free-cash
-81 463
-38 386
-45 937
-43 592

Estimated living cost  is ₽41052 per week

₽28616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21333
-₽18324
-₽20462
-₽33944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
923
income
-
-
-
251
pensions
-
-
-
2 598
surtax
-
-
-
-
unemployment
-
-
-
222
total
-
-
-
3 994
Employee
32 172
-
2 268
-
surtax
105
-
-
-
income
5 393
-
33
-
other
-
-
-
-
pensions
2 145
-
866
-
health
822
-
330
-
unemployment
2 239
-
903
-
total
10 704
-
2 132
-
Employer
32 172
-
2 268
-
other
-
-
-
-
unemployment
1 019
-
412
-
health
1 464
-
591
-
pensions
4 289
-
1 730
-
total
6 772
-
2 733
-
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
17 476
1 856
4 865
3 994
After tax
-12 476
3 144
135
1 006
Living cost
21 468
21 468
21 468
21 468
Free-cash
-33 944
-18 324
-21 333
-20 462

Estimated living cost  is ₽21468 per week

₽13127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40152
-₽40331
-₽40078
-₽63959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
61 175
-
4 907
-
income
11 018
-
982
-
health
888
-
-
-
pensions
5 192
-
-
-
total
17 098
-
982
-
Employer
61 175
-
4 907
-
health
1 162
-
93
-
pensions
6 622
-
-
-
total
7 784
-
93
-
Corporate
-
5 000
-
-
income

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

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 882
1 254
1 075
1 001
After tax
-19 882
3 746
3 925
3 999
Living cost
44 077
44 077
44 077
44 077
Free-cash
-63 959
-40 331
-40 152
-40 078

Estimated living cost  is ₽44077 per week

₽33022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
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.
₽7289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽77524
-₽76366
-₽74523
-₽95813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101
health
-
-
-
257
pensions
-
-
-
461
city
-
-
-
51
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
870
Employee
92 045
-
3 008
-
national
436
-
-
-
city
988
-
12
-
pensions
7 733
-
1 893
-
health
208
-
6
-
regional
3 014
-
-
-
unemployment
-
-
-
-
total
12 379
-
1 911
-
Employer
92 045
-
3 008
-
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.

1 840
-
61
-
unemployment
-
-
-
-
health
208
-
6
-
pensions
7 733
-
1 893
-
total
9 781
-
1 960
-
Corporate
-
5 000
-
-
regional
-
1 057
-
-
national
-
424
-
-
total
-
1 481
-
-
Dividends
-
3 519
-
-
withholding
-
1 232
-
-
total
-
1 232
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 160
2 713
3 871
870
After tax
-17 160
2 287
1 129
4 130
Living cost
78 653
78 653
78 653
78 653
Free-cash
-95 813
-76 366
-77 524
-74 523

Estimated living cost  is ₽78653 per week

₽51147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46214
-₽41825
-₽46214
-₽53467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 646
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 646
Employee

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

58 468
-
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.

378
-
-
-
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.

6 875
-
-
-
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.

6 646
-
6 646
-
total
13 899
-
6 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
chamber of commerce
-
155
-
-
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.

-
41
-
-
trade
-
857
-
-
income
-
750
-
-
total
-
1 803
-
-
Dividends
-
3 198
-
-
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
-
430
-
-
total
-
454
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 899
2 257
6 646
6 646
After tax
-8 899
2 743
-1 646
-1 646
Living cost
44 568
44 568
44 568
44 568
Free-cash
-53 467
-41 825
-46 214
-46 214

Estimated living cost  is ₽44568 per week

₽32551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30011
-₽30764
-₽32357
-₽49640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
155
social contributions
-
-
-
142
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
3 517
surtax
-
-
-
-
total
-
-
-
4 072
Employee
41 638
-
3 809
-
surtax
-
-
-
-
social contributions
1 187
-
109
-
income
2 457
-
-
-
pensions
4 708
-
430
-
total
8 352
-
539
-
Employer
41 638
-
3 809
-
other
1 436
-
131
-
unemployment
1 686
-
155
-
health
2 915
-
266
-
pensions
6 840
-
624
-
social contributions
126
-
11
-
total
13 003
-
1 187
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 399
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
social contributions
-
618
-
-
surtax
-
-
-
-
withholding
-
462
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 355
2 479
1 726
4 072
After tax
-16 355
2 521
3 274
928
Living cost
33 285
33 285
33 285
33 285
Free-cash
-49 640
-30 764
-30 011
-32 357

Estimated living cost  is ₽33285 per week

₽20988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26714
-₽27467
-₽29060
-₽43775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
155
social contributions
-
-
-
142
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
3 517
surtax
-
-
-
-
total
-
-
-
4 072
Employee
37 167
-
3 809
-
surtax
-
-
-
-
social contributions
1 060
-
109
-
income
1 916
-
-
-
pensions
4 204
-
430
-
total
7 180
-
539
-
Employer
37 167
-
3 809
-
other
1 283
-
131
-
unemployment
1 505
-
155
-
health
2 601
-
266
-
pensions
6 107
-
624
-
social contributions
111
-
11
-
total
11 607
-
1 187
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 399
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
social contributions
-
618
-
-
surtax
-
-
-
-
withholding
-
462
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 787
2 479
1 726
4 072
After tax
-13 787
2 521
3 274
928
Living cost
29 988
29 988
29 988
29 988
Free-cash
-43 775
-27 467
-26 714
-29 060

Estimated living cost  is ₽29988 per week

₽17391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18185
-₽19147
-₽18935
-₽30542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 697
health
-
-
-
858
income
-
-
-
750
total
-
-
-
3 305
Employee
32 986
-
5 000
-
social contributions
4 553
-
1 697
-
income
5 502
-
-
-
health
2 302
-
858
-
total
12 357
-
2 555
-
Employer
32 986
-
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%.

-
249
-
-
total
-
249
-
-
Dividends
-
4 751
-
-
social contributions
1 697
1 697
-
-
withholding
-
713
-
-
health
858
858
-
-
total
2 555
3 268
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 912
3 517
2 555
3 305
After tax
-9 912
1 483
2 445
1 695
Living cost
20 630
20 630
20 630
20 630
Free-cash
-30 542
-19 147
-18 185
-18 935

Estimated living cost  is ₽20630 per week

₽13806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
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.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41499
-₽51435
-₽37996
-₽58727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
742
income
-
-
-
-
chamber of commerce
-
-
-
20
pensions
-
-
-
1 795
surtax
-
-
-
192
unemployment
-
-
-
5 967
total
-
-
-
8 716
Employee
48 620
38 771
38 771
-
income
5 535
2 860
4 555
-
other
486
388
98
-
pensions
4 979
3 969
993
-
health
1 881
1 501
375
-
unemployment
1 459
1 163
292
-
total
14 340
9 881
6 313
-
Employer
48 620
38 771
38 771
-
other
2 310
1 841
1 595
-
unemployment
1 459
1 163
292
-
health
1 837
1 466
367
-
surtax
192
192
192
-
accident
631
504
-
-
pensions
6 102
4 867
1 219
-
payroll
1 459
1 163
1 163
-
chamber of commerce
194
155
155
-
total
14 184
11 351
4 983
-
Corporate
3 692
3 692
3 692
-
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.

923
923
923
-
total
923
923
923
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 447
22 155
12 219
8 716
After tax
-24 447
-17 155
-7 219
-3 716
Living cost
34 280
34 280
34 280
34 280
Free-cash
-58 727
-51 435
-41 499
-37 996

Estimated living cost  is ₽34280 per week

₽22864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33146
-₽32333
-₽35601
-₽84849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 129
communal

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

-
-
-
-
national
-
-
-
-
total
-
-
-
5 129
Employee

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

69 590
-
3 872
-
national
21 395
-
842
-
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.

5 219
-
290
-
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.

3 270
-
181
-
communal

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

3 630
-
201
-
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.

606
-
33
-
total
34 120
-
1 547
-
Employer

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

69 590
-
3 872
-
unemployment

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

1 015
-
57
-
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.

4 280
-
238
-
surtax
7 891
-
439
-
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.

905
-
50
-
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.

6 166
-
343
-
total
20 257
-
1 127
-
Corporate
-
5 000
-
-
surtax
-
20
-
-
income
-
1 001
-
-
total
-
1 021
-
-
Dividends
-
3 979
-
-
withholding

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

-
840
-
-
total
-
840
-
-
Income
5 000
5 000
5 000
5 000
Total tax
54 377
1 861
2 674
5 129
After tax
-49 377
3 139
2 326
-129
Living cost
35 472
35 472
35 472
35 472
Free-cash
-84 849
-32 333
-33 146
-35 601

Estimated living cost  is ₽35472 per week

₽22849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42555
-₽31692
-₽36410
-₽58864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
accident
-
-
-
188
income
-
-
-
-
pensions
-
-
-
5 921
unemployment
-
-
-
146
total
-
-
-
6 275
Employee
48 427
-
-
-
income
10 218
-
-
-
other
48
-
33
-
pensions
2 276
-
1 527
-
unemployment
751
-
504
-
total
13 293
-
2 064
-
Employer
48 427
-
-
-
other
386
-
260
-
unemployment
2 664
-
1 787
-
accident
958
-
642
-
pensions
11 428
-
7 667
-
total
15 436
-
10 356
-
Corporate
-
5 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 729
1 557
12 420
6 275
After tax
-23 729
3 443
-7 420
-1 275
Living cost
35 135
35 135
35 135
35 135
Free-cash
-58 864
-31 692
-42 555
-36 410

Estimated living cost  is ₽35135 per week

₽25873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59167
-₽49450
-₽59165
-₽77477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 471
accident
-
-
-
417
income
-
-
-
-
pensions
-
-
-
7 407
communal
-
-
-
-
surtax
-
-
-
-
total
-
-
-
11 295
Employee
73 675
-
-
-
surtax
4 516
-
-
-
income
7 116
-
-
-
pensions
5 893
-
3 704
-
health
3 279
-
2 060
-
total
20 804
-
5 764
-
Employer
73 675
-
-
-
health
2 247
-
1 412
-
accident
663
-
417
-
pensions
5 893
-
3 704
-
total
8 803
-
5 533
-
Corporate
-
5 000
-
-
surtax
-
52
-
-
income
-
750
-
-
communal
-
-
-
-
total
-
802
-
-
Dividends
-
4 199
-
-
income
-
148
-
-
withholding
-
630
-
-
total
-
778
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 607
1 580
11 297
11 295
After tax
-24 607
3 420
-6 297
-6 295
Living cost
52 870
52 870
52 870
52 870
Free-cash
-77 477
-49 450
-59 167
-59 165

Estimated living cost  is ₽52870 per week

₽39660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
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.
₽9445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21717
-₽18708
-₽20846
-₽34659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
923
income
-
-
-
251
pensions
-
-
-
2 598
surtax
-
-
-
-
unemployment
-
-
-
222
total
-
-
-
3 994
Employee
32 763
-
2 268
-
surtax
116
-
-
-
income
5 492
-
33
-
other
-
-
-
-
pensions
2 186
-
866
-
health
836
-
330
-
unemployment
2 280
-
903
-
total
10 910
-
2 132
-
Employer
32 763
-
2 268
-
other
-
-
-
-
unemployment
1 039
-
412
-
health
1 490
-
591
-
pensions
4 368
-
1 730
-
total
6 897
-
2 733
-
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
17 807
1 856
4 865
3 994
After tax
-12 807
3 144
135
1 006
Living cost
21 852
21 852
21 852
21 852
Free-cash
-34 659
-18 708
-21 717
-20 846

Estimated living cost  is ₽21852 per week

₽13193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31092
-₽23579
-₽28747
-₽48967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 540
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 540
Employee
53 967
-
5 000
-
social contributions
18 198
-
9 885
-
municipal
286
-
-
-
national
8 550
-
-
-
regional
726
-
-
-
total
27 760
-
9 885
-
Employer
53 967
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 200
-
-
municipal
-
249
-
-
total
-
1 449
-
-
Dividends
-
3 551
-
-
withholding
-
923
-
-
total
-
923
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 760
2 372
9 885
7 540
After tax
-22 760
2 628
-4 885
-2 540
Living cost
26 207
26 207
26 207
26 207
Free-cash
-48 967
-23 579
-31 092
-28 747

Estimated living cost  is ₽26207 per week

₽16298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27020
-₽26115
-₽27122
-₽53245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 460
health
-
-
-
675
income
-
-
-
430
solidarity contribution
-
-
-
-
total
-
-
-
2 565
Employee
43 466
-
3 731
-
social contributions
2 825
-
242
-
solidarity contribution
-
-
-
-
income
5 216
-
448
-
health
5 868
-
504
-
total
13 909
-
1 194
-
Employer
43 466
-
3 731
-
health
3 912
-
336
-
social contributions
10 867
-
933
-
total
14 779
-
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
28 688
1 558
2 463
2 565
After tax
-23 688
3 442
2 537
2 435
Living cost
29 557
29 557
29 557
29 557
Free-cash
-53 245
-26 115
-27 020
-27 122

Estimated living cost  is ₽29557 per week

₽21981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38067
-₽48001
-₽34562
-₽50689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
742
income
-
-
-
-
chamber of commerce
-
-
-
20
pensions
-
-
-
1 795
surtax
-
-
-
-
unemployment
-
-
-
5 967
total
-
-
-
8 524
Employee
42 527
38 771
38 771
-
income
3 788
2 860
4 555
-
other
425
388
98
-
pensions
4 355
3 969
993
-
health
1 645
1 501
375
-
unemployment
1 276
1 163
292
-
total
11 489
9 881
6 313
-
Employer
42 527
38 771
38 771
-
other
2 020
1 841
1 595
-
unemployment
1 276
1 163
292
-
health
1 608
1 466
367
-
surtax
-
-
-
-
accident
552
504
2
-
pensions
5 337
4 867
1 219
-
payroll
1 276
1 163
1 163
-
chamber of commerce
170
155
155
-
total
12 239
11 159
4 793
-
Corporate
3 692
3 692
3 692
-
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.

923
923
923
-
total
923
923
923
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 651
21 963
12 029
8 524
After tax
-19 651
-16 963
-7 029
-3 524
Living cost
31 038
31 038
31 038
31 038
Free-cash
-50 689
-48 001
-38 067
-34 562

Estimated living cost  is ₽31038 per week

₽18619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
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.
₽8696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8438
-₽7688
-₽7488
-₽10548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 548
-
5 000
-
income
3 110
-
1 000
-
total
3 110
-
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
3 110
250
1 000
50
After tax
1 890
4 750
4 000
4 950
Living cost
12 438
12 438
12 438
12 438
Free-cash
-10 548
-7 688
-8 438
-7 488

Estimated living cost  is ₽12438 per week

₽8417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23261
-₽22653
-₽23081
-₽44721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
491
income
-
-
-
574
pensions
-
-
-
914
unemployment
-
-
-
7
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.

43 021
-
4 328
-
income
7 419
-
539
-
pensions
6 669
-
670
-
health
2 779
-
279
-
unemployment
61
-
6
-
total
16 928
-
1 494
-
Employer

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

43 021
-
4 328
-
unemployment
26
-
2
-
health
2 865
-
288
-
pensions
3 807
-
382
-
total
6 698
-
672
-
Corporate
-
5 000
-
-
income
-
951
-
-
total
-
951
-
-
Dividends
-
4 049
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
5 000
5 000
5 000
5 000
Total tax
23 626
1 558
2 166
1 986
After tax
-18 626
3 442
2 834
3 014
Living cost
26 095
26 095
26 095
26 095
Free-cash
-44 721
-22 653
-23 261
-23 081

Estimated living cost  is ₽26095 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53079
-₽41467
-₽41418
-₽148805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 037
income
-
-
-
872
total
-
-
-
1 909
Employee
63 820
-
-
-
social contributions
5 233
-
746
-
income
14 077
-
-
-
total
19 310
-
746
-
Employer
63 820
-
-
-
social contributions
89 986
-
12 824
-
total
89 986
-
12 824
-
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
109 296
1 958
13 570
1 909
After tax
-104 296
3 042
-8 570
3 091
Living cost
44 509
44 509
44 509
44 509
Free-cash
-148 805
-41 467
-53 079
-41 418

Estimated living cost  is ₽44509 per week

₽28879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27442
-₽27672
-₽27545
-₽50372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
1 737
income
-
-
-
292
surtax
-
-
-
-
total
-
-
-
2 029
Employee
44 745
-
4 040
-
surtax
-
-
-
-
social contributions
4 922
-
445
-
income
9 307
-
521
-
total
14 229
-
966
-
Employer
44 745
-
4 040
-
social contributions
10 627
-
960
-
total
10 627
-
960
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 856
2 156
1 926
2 029
After tax
-19 856
2 844
3 074
2 971
Living cost
30 516
30 516
30 516
30 516
Free-cash
-50 372
-27 672
-27 442
-27 545

Estimated living cost  is ₽30516 per week

₽22832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43715
-₽44468
-₽46061
-₽74964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
155
social contributions
-
-
-
142
health
-
-
-
258
income
-
-
-
-
pensions
-
-
-
3 517
surtax
-
-
-
-
total
-
-
-
4 072
Employee
60 933
-
3 809
-
surtax
-
-
-
-
social contributions
1 735
-
109
-
income
5 317
-
-
-
pensions
6 892
-
430
-
total
13 944
-
539
-
Employer
60 933
-
3 809
-
other
2 103
-
131
-
unemployment
2 468
-
155
-
health
4 265
-
266
-
pensions
10 012
-
624
-
social contributions
183
-
11
-
total
19 031
-
1 187
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 399
-
-
total
-
1 399
-
-
Dividends
-
3 601
-
-
social contributions
-
618
-
-
surtax
-
-
-
-
withholding
-
462
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
32 975
2 479
1 726
4 072
After tax
-27 975
2 521
3 274
928
Living cost
46 989
46 989
46 989
46 989
Free-cash
-74 964
-44 468
-43 715
-46 061

Estimated living cost  is ₽46989 per week

₽31801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25195
-₽24744
-₽25344
-₽31125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 100
total
-
-
-
1 100
Employee
31 277
-
4 330
-
income
-
-
-
-
social contributions
2 033
-
281
-
total
2 033
-
281
-
Employer
31 277
-
4 330
-
social contributions
4 848
-
670
-
total
4 848
-
670
-
Corporate
-
5 000
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
4 500
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
6 881
500
951
1 100
After tax
-1 881
4 500
4 049
3 900
Living cost
29 244
29 244
29 244
29 244
Free-cash
-31 125
-24 744
-25 195
-25 344

Estimated living cost  is ₽29244 per week

₽18909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
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.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽206285
-₽206285
-₽42877
-₽206285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
333
pensions
-
-
-
841
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
1 174
Employee
197 122
197 122
197 122
-
labour market
15 747
15 747
15 747
-
municipal
41 976
41 976
41 976
-
national
24 082
24 082
24 082
-
pensions
280
280
280
-
total
82 085
82 085
82 085
-
Employer
197 122
197 122
197 122
-
national
24 124
24 124
24 124
-
labour market
15 770
15 770
15 770
-
pensions
560
560
560
-
municipal
42 043
42 043
42 043
-
total
82 497
82 497
82 497
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
164 582
164 582
164 582
1 174
After tax
-159 582
-159 582
-159 582
3 826
Living cost
46 703
46 703
46 703
46 703
Free-cash
-206 285
-206 285
-206 285
-42 877

Estimated living cost  is ₽46703 per week

₽31964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽718
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18563
-₽20799
-₽23017
-₽35152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
-
pensions
-
-
-
4 070
total
-
-
-
6 813
Employee
33 355
-
4 154
-
income
4 576
-
570
-
pensions
3 756
-
468
-
health
3 819
-
475
-
total
12 151
-
1 513
-
Employer
33 355
-
4 154
-
unemployment
817
-
102
-
accident
557
-
69
-
pensions
5 423
-
675
-
total
6 797
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 948
4 595
2 359
6 813
After tax
-13 948
405
2 641
-1 813
Living cost
21 204
21 204
21 204
21 204
Free-cash
-35 152
-20 799
-18 563
-23 017

Estimated living cost  is ₽21204 per week

₽15434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34186
-₽33891
-₽33250
-₽55842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
national
-
-
-
-
municipal
-
-
-
899
total
-
-
-
899
Employee
51 185
-
4 206
-
municipal
8 384
-
694
-
national
846
-
-
-
pensions
3 454
-
284
-
health
382
-
-
-
unemployment
768
-
63
-
total
13 834
-
1 041
-
Employer
51 185
-
4 206
-
unemployment
332
-
28
-
health
393
-
33
-
accident
52
-
4
-
pensions
8 880
-
729
-
total
9 657
-
794
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends

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

-
3 000
-
-
national
-
-
-
-
municipal
-
539
-
-
total
-
539
-
-
Income
5 000
5 000
5 000
5 000
Total tax
23 491
1 540
1 835
899
After tax
-18 491
3 460
3 165
4 101
Living cost
37 351
37 351
37 351
37 351
Free-cash
-55 842
-33 891
-34 186
-33 250

Estimated living cost  is ₽37351 per week

₽24398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31019
-₽39525
-₽24237
-₽32537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 984
social contributions
-
-
-
5 769
health
-
-
-
943
income
-
-
-
-
total
-
-
-
6 712
Employee
74 810
74 810
74 810
-
social contributions
2 828
6 209
2 094
-
income
8 146
6 925
8 411
-
health
580
1 272
428
-
total
11 554
14 406
10 933
-
Employer
74 810
74 810
74 810
-
health
630
1 385
467
-
social contributions
2 828
6 209
2 094
-
total
3 458
7 594
2 561
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 012
22 000
13 494
6 712
After tax
-10 012
-17 000
-8 494
-1 712
Living cost
22 525
22 525
22 525
22 525
Free-cash
-32 537
-39 525
-31 019
-24 237

Estimated living cost  is ₽22525 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16259
-₽11306
-₽20184
-₽19630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 521
income
-
-
-
-
pensions
-
-
-
6 189
unemployment
-
-
-
28
total
-
-
-
9 738
Employee

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

22 331
-
3 253
-
income
1 527
-
-
-
pensions
3 349
-
2 542
-
health
1 898
-
1 440
-
unemployment
111
-
85
-
total
6 885
-
4 067
-
Employer

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

22 331
-
3 253
-
unemployment
111
-
85
-
health
960
-
729
-
pensions
1 228
-
932
-
total
2 299
-
1 746
-
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
9 184
860
5 813
9 738
After tax
-4 184
4 140
-813
-4 738
Living cost
15 446
15 446
15 446
15 446
Free-cash
-19 630
-11 306
-16 259
-20 184

Estimated living cost  is ₽15446 per week

₽9855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34173
-₽23310
-₽28028
-₽42441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
accident
-
-
-
188
income
-
-
-
-
pensions
-
-
-
5 921
unemployment
-
-
-
146
total
-
-
-
6 275
Employee
35 973
-
-
-
income
6 935
-
-
-
other
35
-
33
-
pensions
1 691
-
1 527
-
unemployment
558
-
504
-
total
9 219
-
2 064
-
Employer
35 973
-
-
-
other
288
-
260
-
unemployment
1 979
-
1 787
-
accident
713
-
642
-
pensions
8 489
-
7 667
-
total
11 469
-
10 356
-
Corporate
-
5 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 688
1 557
12 420
6 275
After tax
-15 688
3 443
-7 420
-1 275
Living cost
26 753
26 753
26 753
26 753
Free-cash
-42 441
-23 310
-34 173
-28 028

Estimated living cost  is ₽26753 per week

₽18058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽828
₽1317
₽687
₽1022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
725
income
-
-
-
785
pensions
-
-
-
1 000
total
-
-
-
2 510
Employee
2 745
-
4 082
-
income
531
-
838
-
pensions
247
-
367
-
health
137
-
204
-
unemployment
27
-
41
-
total
942
-
1 450
-
Employer
2 745
-
4 082
-
unemployment
55
-
82
-
health
261
-
388
-
pensions
302
-
449
-
total
618
-
919
-
Corporate
1 637
5 000
-
-
income
360
1 100
-
-
total
360
1 100
-
-
Dividends
1 277
3 900
-
-
withholding
255
780
-
-
total
255
780
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 175
1 880
2 369
2 510
After tax
2 825
3 120
2 631
2 490
Living cost
1 803
1 803
1 803
1 803
Free-cash
1 022
1 317
828
687

Estimated living cost  is ₽1803 per week

₽1071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13708
-₽13173
-₽13706
-₽24844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
517
income
-
-
-
22
pensions
-
-
-
1 306
unemployment
-
-
-
75
total
-
-
-
1 920
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.

25 312
-
4 101
-
income
3 489
-
22
-
pensions
3 544
-
703
-
health
1 304
-
259
-
unemployment
190
-
38
-
total
8 527
-
1 022
-
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.

25 312
-
4 101
-
unemployment
190
-
38
-
health
1 304
-
259
-
pensions
3 037
-
603
-
total
4 531
-
900
-
Corporate
-
5 000
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
637
-
-
total
-
637
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 058
1 387
1 922
1 920
After tax
-8 058
3 613
3 078
3 080
Living cost
16 786
16 786
16 786
16 786
Free-cash
-24 844
-13 173
-13 708
-13 706

Estimated living cost  is ₽16786 per week

₽11302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23154
-₽23384
-₽23257
-₽41727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
1 737
income
-
-
-
292
surtax
-
-
-
-
total
-
-
-
2 029
Employee
37 760
-
4 040
-
surtax
-
-
-
-
social contributions
4 154
-
445
-
income
7 378
-
521
-
total
11 532
-
966
-
Employer
37 760
-
4 040
-
social contributions
8 967
-
960
-
total
8 967
-
960
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 106
-
-
total
-
1 106
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 499
2 156
1 926
2 029
After tax
-15 499
2 844
3 074
2 971
Living cost
26 228
26 228
26 228
26 228
Free-cash
-41 727
-23 384
-23 154
-23 257

Estimated living cost  is ₽26228 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41611
-₽30748
-₽35466
-₽56966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
accident
-
-
-
188
income
-
-
-
-
pensions
-
-
-
5 921
unemployment
-
-
-
146
total
-
-
-
6 275
Employee
46 985
-
-
-
income
9 814
-
-
-
other
46
-
33
-
pensions
2 208
-
1 527
-
unemployment
727
-
504
-
total
12 795
-
2 064
-
Employer
46 985
-
-
-
other
377
-
260
-
unemployment
2 585
-
1 787
-
accident
930
-
642
-
pensions
11 088
-
7 667
-
total
14 980
-
10 356
-
Corporate
-
5 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
807
-
-
total
-
807
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 775
1 557
12 420
6 275
After tax
-22 775
3 443
-7 420
-1 275
Living cost
34 191
34 191
34 191
34 191
Free-cash
-56 966
-30 748
-41 611
-35 466

Estimated living cost  is ₽34191 per week

₽24555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
-₽14032
-₽12245
-₽13942
-₽21166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
720
income
-
-
-
750
pensions

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

-
-
-
927
unemployment
-
-
-
25
total
-
-
-
2 422
Employee
21 875
-
3 771
-
income
2 188
-
377
-
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.

1 920
-
550
-
health
1 006
-
288
-
total
5 354
-
1 284
-
Employer
21 875
-
3 771
-
unemployment
131
-
37
-
health
1 510
-
432
-
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.

2 411
-
690
-
total
4 292
-
1 228
-
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
9 646
725
2 512
2 422
After tax
-4 646
4 275
2 488
2 578
Living cost
16 520
16 520
16 520
16 520
Free-cash
-21 166
-12 245
-14 032
-13 942

Estimated living cost  is ₽16520 per week

₽10926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39206
-₽34715
-₽39206
-₽43406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 646
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 646
Employee

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

48 407
-
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.

220
-
-
-
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.

3 980
-
-
-
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.

6 646
-
6 646
-
total
10 846
-
6 646
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
chamber of commerce
-
155
-
-
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.

-
41
-
-
trade
-
718
-
-
income
-
750
-
-
total
-
1 664
-
-
Dividends
-
3 337
-
-
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.

-
26
-
-
withholding
-
465
-
-
total
-
491
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 846
2 155
6 646
6 646
After tax
-5 846
2 845
-1 646
-1 646
Living cost
37 560
37 560
37 560
37 560
Free-cash
-43 406
-34 715
-39 206
-39 206

Estimated living cost  is ₽37560 per week

₽25910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50419
-₽51920
-₽50419
-₽71101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
76 101
-
5 000
-
income
14 360
-
-
-
social contributions
6 322
-
-
-
total
20 682
-
-
-
Employer
76 101
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
626
-
-
total
-
626
-
-
Dividends
-
4 374
-
-
withholding
-
875
-
-
total
-
875
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 682
1 501
-
-
After tax
-15 682
3 499
5 000
5 000
Living cost
55 419
55 419
55 419
55 419
Free-cash
-71 101
-51 920
-50 419
-50 419

Estimated living cost  is ₽55419 per week

₽42162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4516
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.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33698
-₽34970
-₽64000
-₽47007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 693
health

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

-
-
-
5 991
total
-
-
-
33 684
Employee
44 630
-
3 309
-
income
4 843
-
-
-
social contributions
4 472
-
1 691
-
total
9 315
-
1 691
-
Employer
44 630
-
3 309
-
social contributions
4 472
-
1 691
-
total
4 472
-
1 691
-
Corporate
-
5 000
-
-
income
-
1 750
-
-
total
-
1 750
-
-
Dividends
-
3 250
-
-
social contributions
2 904
2 904
-
-
total
2 904
2 904
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 691
4 654
3 382
33 684
After tax
-11 691
346
1 618
-28 684
Living cost
35 316
35 316
35 316
35 316
Free-cash
-47 007
-34 970
-33 698
-64 000

Estimated living cost  is ₽35316 per week

₽23262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31908
-₽32087
-₽31834
-₽50090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
49 186
-
4 907
-
income
8 957
-
982
-
health
642
-
-
-
pensions
3 754
-
-
-
total
13 353
-
982
-
Employer
49 186
-
4 907
-
health
935
-
93
-
pensions
4 969
-
-
-
total
5 904
-
93
-
Corporate
-
5 000
-
-
income

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

-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 257
1 254
1 075
1 001
After tax
-14 257
3 746
3 925
3 999
Living cost
35 833
35 833
35 833
35 833
Free-cash
-50 090
-32 087
-31 908
-31 834

Estimated living cost  is ₽35833 per week

₽24581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20662
-₽22898
-₽25116
-₽39127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
-
pensions
-
-
-
4 070
total
-
-
-
6 813
Employee
36 657
-
4 154
-
income
5 029
-
570
-
pensions
4 128
-
468
-
health
4 197
-
475
-
total
13 354
-
1 513
-
Employer
36 657
-
4 154
-
unemployment
898
-
102
-
accident
612
-
69
-
pensions
5 960
-
675
-
total
7 470
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 824
4 595
2 359
6 813
After tax
-15 824
405
2 641
-1 813
Living cost
23 303
23 303
23 303
23 303
Free-cash
-39 127
-22 898
-20 662
-25 116

Estimated living cost  is ₽23303 per week

₽17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10401
-₽8871
-₽10401
-₽15993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
479
work injury
-
-
-
32
pensions
-
-
-
1 191
unemployment
-
-
-
78
total
-
-
-
2 280
Employee

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

20 993
-
5 000
-
income
2 099
-
500
-
work injury
105
-
32
-
health insurance
1 553
-
479
-
pensions
3 863
-
1 191
-
unemployment
252
-
78
-
total
7 872
-
2 280
-
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
7 872
750
2 280
2 280
After tax
-2 872
4 250
2 720
2 720
Living cost
13 121
13 121
13 121
13 121
Free-cash
-15 993
-8 871
-10 401
-10 401

Estimated living cost  is ₽13121 per week

₽8128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43642
-₽36124
-₽41297
-₽76981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 540
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 540
Employee
81 981
-
5 000
-
social contributions
27 643
-
9 885
-
municipal
489
-
-
-
national
13 854
-
-
-
regional
1 238
-
-
-
total
43 224
-
9 885
-
Employer
81 981
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 200
-
-
municipal
-
242
-
-
total
-
1 442
-
-
Dividends
-
3 558
-
-
withholding
-
925
-
-
total
-
925
-
-
Income
5 000
5 000
5 000
5 000
Total tax
43 224
2 367
9 885
7 540
After tax
-38 224
2 633
-4 885
-2 540
Living cost
38 757
38 757
38 757
38 757
Free-cash
-76 981
-36 124
-43 642
-41 297

Estimated living cost  is ₽38757 per week

₽27224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
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.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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