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
-₽27968
-₽33863
-₽32717
-₽32717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 941
surtax

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

-
-
-
-
total
-
-
-
6 941
Employee

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

38 862
-
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.

6 941
-
6 941
-
surtax

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

60
-
-
-
income

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

1 086
-
-
-
total
8 087
-
6 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
40
-
-
income
-
750
-
-
trade
-
787
-
-
chamber of commerce
-
162
-
-
total
-
1 739
-
-
Dividends
-
3 261
-
-
surtax

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

-
23
-
-
withholding
-
430
-
-
total
-
453
-
-
Income
5 000
5 000
5 000
5 000
Total tax
8 087
2 192
6 941
6 941
After tax
-3 087
2 808
-1 941
-1 941
Living cost
30 776
30 776
30 776
30 776
Free-cash
-33 863
-27 968
-32 717
-32 717

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽48147
-₽81685
-₽46921
-₽46832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
600
national
-
-
-
-
social contributions
-
-
-
54
total
-
-
-
654
Employee
79 474
-
4 322
-
municipal
9 816
-
-
-
pensions
3 179
-
173
-
national
15 211
-
-
-
total
28 206
-
173
-
Employer
79 474
-
4 322
-
social contributions
854
-
46
-
pensions
6 358
-
346
-
total
7 212
-
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
35 418
1 880
565
654
After tax
-30 418
3 120
4 435
4 346
Living cost
51 267
51 267
51 267
51 267
Free-cash
-81 685
-48 147
-46 832
-46 921

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
-₽17139
-₽31841
-₽20087
-₽19931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
750
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
3 949
Employee
29 690
-
2 603
-
social contributions

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

3 266
-
1 095
-
surtax
-
-
-
-
income
5 285
-
301
-
total
8 551
-
1 396
-
Employer
29 690
-
2 603
-
social contributions

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

7 152
-
2 397
-
surtax
-
-
-
-
total
7 152
-
2 397
-
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
15 703
1 001
3 793
3 949
After tax
-10 703
3 999
1 207
1 051
Living cost
21 138
21 138
21 138
21 138
Free-cash
-31 841
-17 139
-19 931
-20 087

Estimated living cost  is ₽21138 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽90193
-₽95896
-₽39680
-₽95896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
449
pensions
-
-
-
900
health
-
-
-
767
total
-
-
-
2 116
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
58 332
52 629
58 332
2 116
After tax
-53 332
-47 629
-53 332
2 884
Living cost
42 564
42 564
42 564
42 564
Free-cash
-95 896
-90 193
-95 896
-39 680

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽36412
-₽68298
-₽36650
-₽36471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 059
accident
-
-
-
10
pensions
-
-
-
541
other
-
-
-
581
unemployment
-
-
-
5
health
-
-
-
312
national
-
-
-
-
total
-
-
-
2 508
Employee
55 773
-
3 804
-
municipal
16 632
-
1 134
-
national
-
-
-
-
total
16 632
-
1 134
-
Employer
55 773
-
3 804
-
accident
112
-
8
-
other
6 481
-
442
-
unemployment
1 472
-
100
-
pensions
6 029
-
411
-
health
3 430
-
234
-
total
17 524
-
1 195
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
withholding
-
1 170
-
-
total
-
1 170
-
-
Income
5 000
5 000
5 000
5 000
Total tax
34 156
2 270
2 329
2 508
After tax
-29 156
2 730
2 671
2 492
Living cost
39 142
39 142
39 142
39 142
Free-cash
-68 298
-36 412
-36 471
-36 650

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽37133
-₽46526
-₽41856
-₽41856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 941
surtax

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

-
-
-
-
total
-
-
-
6 941
Employee

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

51 527
-
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.

6 941
-
6 941
-
surtax

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

243
-
-
-
income

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

4 427
-
-
-
total
11 611
-
6 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
40
-
-
income
-
750
-
-
trade
-
823
-
-
chamber of commerce
-
162
-
-
total
-
1 775
-
-
Dividends
-
3 224
-
-
surtax

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

-
23
-
-
withholding
-
420
-
-
total
-
443
-
-
Income
5 000
5 000
5 000
5 000
Total tax
11 611
2 218
6 941
6 941
After tax
-6 611
2 782
-1 941
-1 941
Living cost
39 915
39 915
39 915
39 915
Free-cash
-46 526
-37 133
-41 856
-41 856

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
-₽50932
-₽45377
-₽34967
-₽42050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 626
income
-
-
-
-
health
-
-
-
985
social contributions
-
-
-
6 026
total
-
-
-
7 011
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
2 187
-
health
777
1 329
447
-
income
8 204
7 233
8 785
-
total
12 778
15 046
11 419
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
2 187
-
health
846
1 446
488
-
total
4 643
7 930
2 675
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 421
22 976
14 094
7 011
After tax
-12 421
-17 976
-9 094
-2 011
Living cost
32 956
32 956
32 956
32 956
Free-cash
-45 377
-50 932
-42 050
-34 967

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
-₽18712
-₽26742
-₽15423
-₽17851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
526
pensions
-
-
-
808
unemployment
-
-
-
121
health
-
-
-
566
total
-
-
-
2 021
Employee

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
10 572
-
health
1 859
740
569
-
income
3 247
1 292
1 360
-
pensions
2 656
1 057
813
-
unemployment
398
159
122
-
total
8 160
3 248
2 864
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
10 572
-
pensions
5 180
2 062
1 585
-
total
5 180
2 062
1 585
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 340
5 310
4 449
2 021
After tax
-8 340
-310
551
2 979
Living cost
18 402
18 402
18 402
18 402
Free-cash
-26 742
-18 712
-17 851
-15 423

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
-₽20543
-₽33567
-₽23360
-₽23869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
2 314
health
-
-
-
1 504
total
-
-
-
3 818
Employee
28 824
-
1 090
-
income
3 245
-
-
-
pensions
577
-
231
-
unemployment
461
-
185
-
total
4 283
-
416
-
Employer
28 824
-
1 090
-
unemployment
231
-
93
-
pensions
5 765
-
2 314
-
health
3 746
-
1 504
-
total
9 742
-
3 911
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends
-
3 999
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 025
1 001
4 327
3 818
After tax
-9 025
3 999
673
1 182
Living cost
24 542
24 542
24 542
24 542
Free-cash
-33 567
-20 543
-23 869
-23 360

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽21785
-₽37020
-₽24216
-₽19550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
255
income
-
-
-
-
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
7 026
Employee
34 905
-
4 154
-
health
3 997
-
476
-
income
4 789
-
570
-
pensions
3 930
-
468
-
total
12 716
-
1 514
-
Employer
34 905
-
4 154
-
accident
583
-
69
-
unemployment
855
-
102
-
pensions
5 676
-
675
-
total
7 114
-
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
19 830
4 595
2 360
7 026
After tax
-14 830
405
2 640
-2 026
Living cost
22 190
22 190
22 190
22 190
Free-cash
-37 020
-21 785
-19 550
-24 216

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
-₽4512
-₽6577
-₽4312
-₽5262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
5 000
-
income
2 315
-
1 000
-
total
2 315
-
1 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

-
5 000
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
250
-
-
total
-
250
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 315
250
1 000
50
After tax
2 685
4 750
4 000
4 950
Living cost
9 262
9 262
9 262
9 262
Free-cash
-6 577
-4 512
-5 262
-4 312

Estimated living cost  is ₽9262 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
-₽23401
-₽41189
-₽25986
-₽24347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
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.

-
-
-
2 647
other
-
-
-
524
health
-
-
-
486
total
-
-
-
3 912
Employee
36 892
-
3 716
-
health
517
-
52
-
income
6 351
-
640
-
pensions

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

2 582
-
260
-
unemployment
368
-
37
-
total
9 818
-
989
-
Employer
36 892
-
3 716
-
accident
295
-
29
-
other
1 845
-
534
-
unemployment
368
-
37
-
pensions

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

6 272
-
632
-
health
517
-
52
-
total
9 297
-
1 284
-
Corporate
-
5 000
-
-
income
-
1 051
-
-
total
-
1 051
-
-
Dividends
-
3 949
-
-
withholding
-
276
-
-
total
-
276
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 115
1 327
2 273
3 912
After tax
-14 115
3 673
2 727
1 088
Living cost
27 074
27 074
27 074
27 074
Free-cash
-41 189
-23 401
-24 347
-25 986

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽64651
-₽105036
-₽64397
-₽64471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
96 771
-
4 908
-
health
1 595
-
-
-
income
17 444
-
982
-
pensions
9 336
-
-
-
total
28 375
-
982
-
Employer
96 771
-
4 908
-
pensions
11 426
-
-
-
health
1 838
-
92
-
total
13 264
-
92
-
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
41 639
1 254
1 074
1 000
After tax
-36 639
3 746
3 926
4 000
Living cost
68 397
68 397
68 397
68 397
Free-cash
-105 036
-64 651
-64 471
-64 397

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
-₽9047
-₽16101
-₽10842
-₽10952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
pensions

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

-
-
-
981
unemployment
-
-
-
27
health
-
-
-
762
total
-
-
-
2 520
Employee
17 640
-
3 700
-
health
811
-
305
-
accident

We are using the highest rate at 1.1%.

194
-
73
-
income
1 764
-
370
-
pensions

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

1 549
-
582
-
total
4 318
-
1 330
-
Employer
17 640
-
3 700
-
accident

We are using the highest rate at 1.1%.

194
-
73
-
unemployment
105
-
39
-
pensions

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

1 944
-
731
-
health
1 218
-
457
-
total
3 461
-
1 300
-
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
7 779
725
2 630
2 520
After tax
-2 779
4 275
2 370
2 480
Living cost
13 322
13 322
13 322
13 322
Free-cash
-16 101
-9 047
-10 952
-10 842

Estimated living cost  is ₽13322 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽103971
-₽105695
-₽53458
-₽109674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
449
pensions
-
-
-
900
health
-
-
-
767
total
-
-
-
2 116
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
54 353
52 629
58 332
2 116
After tax
-49 353
-47 629
-53 332
2 884
Living cost
56 342
56 342
56 342
56 342
Free-cash
-105 695
-103 971
-109 674
-53 458

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
-₽20831
-₽42834
-₽21839
-₽21738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
health
-
-
-
675
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 460
total
-
-
-
2 565
Employee
35 696
-
3 731
-
social contributions
2 320
-
243
-
health
4 819
-
504
-
solidarity contribution
-
-
-
-
income
4 284
-
448
-
total
11 423
-
1 195
-
Employer
35 696
-
3 731
-
social contributions
8 924
-
933
-
health
3 213
-
336
-
total
12 137
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
5 000
5 000
5 000
5 000
Total tax
23 560
1 557
2 464
2 565
After tax
-18 560
3 443
2 536
2 435
Living cost
24 274
24 274
24 274
24 274
Free-cash
-42 834
-20 831
-21 738
-21 839

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽40205
-₽85301
-₽45749
-₽48197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
social contributions
-
-
-
7 875
total
-
-
-
7 875
Employee
90 301
-
5 000
-
social contributions
30 450
-
10 323
-
regional
852
-
-
-
municipal
478
-
-
-
national
15 647
-
-
-
total
47 427
-
10 323
-
Employer
90 301
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 199
-
-
municipal
-
195
-
-
total
-
1 394
-
-
Dividends
-
3 606
-
-
withholding
-
937
-
-
total
-
937
-
-
Income
5 000
5 000
5 000
5 000
Total tax
47 427
2 331
10 323
7 875
After tax
-42 427
2 669
-5 323
-2 875
Living cost
42 874
42 874
42 874
42 874
Free-cash
-85 301
-40 205
-48 197
-45 749

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
-₽19276
-₽35673
-₽21547
-₽22467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
218
pensions
-
-
-
2 713
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
964
surtax
-
-
-
-
total
-
-
-
4 126
Employee
33 601
-
2 146
-
other
-
-
-
-
health
858
-
345
-
surtax
110
-
-
-
income
5 632
-
-
-
pensions
2 241
-
904
-
unemployment
2 339
-
943
-
total
11 180
-
2 192
-
Employer
33 601
-
2 146
-
other
-
-
-
-
unemployment
1 064
-
430
-
pensions
4 479
-
1 807
-
health
1 529
-
617
-
total
7 072
-
2 854
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
555
-
-
total
-
555
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 252
1 855
5 046
4 126
After tax
-13 252
3 145
-46
874
Living cost
22 421
22 421
22 421
22 421
Free-cash
-35 673
-19 276
-22 467
-21 547

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽42981
-₽68105
-₽42727
-₽42801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
64 853
-
4 908
-
health
941
-
-
-
income
11 680
-
982
-
pensions
5 505
-
-
-
total
18 126
-
982
-
Employer
64 853
-
4 908
-
pensions
7 020
-
-
-
health
1 232
-
92
-
total
8 252
-
92
-
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
26 378
1 254
1 074
1 000
After tax
-21 378
3 746
3 926
4 000
Living cost
46 727
46 727
46 727
46 727
Free-cash
-68 105
-42 981
-42 801
-42 727

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽75340
-₽94496
-₽73490
-₽76456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
50
pensions
-
-
-
461
other

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

-
-
-
100
regional
-
-
-
-
health
-
-
-
253
national
-
-
-
-
total
-
-
-
864
Employee
90 843
-
3 028
-
city
975
-
14
-
regional
2 975
-
-
-
health
205
-
6
-
pensions
7 632
-
1 872
-
unemployment
-
-
-
-
national
430
-
-
-
total
12 217
-
1 892
-
Employer
90 843
-
3 028
-
other

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

1 816
-
60
-
unemployment
-
-
-
-
pensions
7 632
-
1 872
-
health
205
-
6
-
total
9 653
-
1 938
-
Corporate
-
5 000
-
-
regional
-
1 057
-
-
national
-
425
-
-
total
-
1 482
-
-
Dividends
-
3 519
-
-
withholding
-
1 232
-
-
total
-
1 232
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 870
2 714
3 830
864
After tax
-16 870
2 286
1 170
4 136
Living cost
77 626
77 626
77 626
77 626
Free-cash
-94 496
-75 340
-76 456
-73 490

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽43790
-₽56063
-₽48487
-₽48487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 941
surtax

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

-
-
-
-
total
-
-
-
6 941
Employee

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

61 064
-
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.

6 941
-
6 941
-
surtax

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

395
-
-
-
income

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

7 181
-
-
-
total
14 517
-
6 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
40
-
-
income
-
750
-
-
trade
-
858
-
-
chamber of commerce
-
162
-
-
total
-
1 810
-
-
Dividends
-
3 189
-
-
surtax

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

-
23
-
-
withholding
-
411
-
-
total
-
434
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 517
2 244
6 941
6 941
After tax
-9 517
2 756
-1 941
-1 941
Living cost
46 546
46 546
46 546
46 546
Free-cash
-56 063
-43 790
-48 487
-48 487

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
-₽32243
-₽52066
-₽33988
-₽31493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 658
other
-
-
-
154
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
143
total
-
-
-
4 225
Employee
43 486
-
3 810
-
social contributions
1 240
-
110
-
surtax
-
-
-
-
income
2 566
-
-
-
pensions
4 917
-
430
-
total
8 723
-
540
-
Employer
43 486
-
3 810
-
other
1 500
-
131
-
social contributions
131
-
12
-
unemployment
1 760
-
154
-
pensions
7 144
-
627
-
health
3 045
-
266
-
total
13 580
-
1 190
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 303
2 480
1 730
4 225
After tax
-17 303
2 520
3 270
775
Living cost
34 763
34 763
34 763
34 763
Free-cash
-52 066
-32 243
-31 493
-33 988

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
-₽28799
-₽45939
-₽30544
-₽28049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 658
other
-
-
-
154
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
143
total
-
-
-
4 225
Employee
38 817
-
3 810
-
social contributions
1 107
-
110
-
surtax
-
-
-
-
income
2 001
-
-
-
pensions
4 390
-
430
-
total
7 498
-
540
-
Employer
38 817
-
3 810
-
other
1 340
-
131
-
social contributions
116
-
12
-
unemployment
1 571
-
154
-
pensions
6 378
-
627
-
health
2 717
-
266
-
total
12 122
-
1 190
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 620
2 480
1 730
4 225
After tax
-14 620
2 520
3 270
775
Living cost
31 319
31 319
31 319
31 319
Free-cash
-45 939
-28 799
-28 049
-30 544

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
-₽20176
-₽32119
-₽19964
-₽19214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
health
-
-
-
897
social contributions
-
-
-
1 772
total
-
-
-
3 419
Employee
34 451
-
5 000
-
social contributions
4 755
-
1 772
-
health
2 404
-
897
-
income
5 746
-
-
-
total
12 905
-
2 669
-
Employer
34 451
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

-
251
-
-
total
-
251
-
-
Dividends
-
4 749
-
-
health
897
897
-
-
social contributions
1 772
1 772
-
-
withholding
-
711
-
-
total
2 669
3 380
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 574
3 631
2 669
3 419
After tax
-10 574
1 369
2 331
1 581
Living cost
21 545
21 545
21 545
21 545
Free-cash
-32 119
-20 176
-19 214
-19 964

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽53942
-₽61554
-₽39903
-₽43564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
19
income
-
-
-
-
pensions
-
-
-
1 874
unemployment
-
-
-
6 232
health
-
-
-
775
surtax
-
-
-
201
total
-
-
-
9 101
Employee
50 778
40 492
40 492
-
other
507
405
102
-
health
1 965
1 568
391
-
income
5 781
2 987
4 757
-
pensions
5 200
4 146
1 037
-
unemployment
1 523
1 215
305
-
total
14 976
10 321
6 592
-
Employer
50 778
40 492
40 492
-
accident
659
526
-
-
other
2 412
1 922
1 666
-
chamber of commerce
202
162
162
-
unemployment
1 523
1 215
305
-
surtax
201
201
201
-
pensions
6 373
5 083
1 273
-
payroll
1 523
1 215
1 215
-
health
1 919
1 531
384
-
total
14 812
11 855
5 206
-
Corporate
3 856
3 856
3 856
-
income

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

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

964
964
964
-
total
964
964
964
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
30 752
23 140
12 762
9 101
After tax
-25 752
-18 140
-7 762
-4 101
Living cost
35 802
35 802
35 802
35 802
Free-cash
-61 554
-53 942
-43 564
-39 903

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₽33890
-₽88837
-₽37403
-₽34723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
communal

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

-
-
-
-
social contributions
-
-
-
5 356
total
-
-
-
5 356
Employee

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

72 680
-
3 874
-
communal

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

3 791
-
202
-
health

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

3 415
-
181
-
pensions

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

5 451
-
291
-
unemployment

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

632
-
33
-
national
22 345
-
843
-
total
35 634
-
1 550
-
Employer

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

72 680
-
3 874
-
accident

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

945
-
50
-
unemployment

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

1 060
-
56
-
surtax
8 241
-
440
-
pensions

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

6 440
-
343
-
health

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

4 470
-
237
-
total
21 156
-
1 126
-
Corporate
-
5 000
-
-
surtax
-
19
-
-
income
-
1 001
-
-
total
-
1 020
-
-
Dividends
-
3 980
-
-
withholding

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

-
823
-
-
total
-
823
-
-
Income
5 000
5 000
5 000
5 000
Total tax
56 790
1 843
2 676
5 356
After tax
-51 790
3 157
2 324
-356
Living cost
37 047
37 047
37 047
37 047
Free-cash
-88 837
-33 890
-34 723
-37 403

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽33252
-₽61698
-₽38248
-₽44667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
197
income
-
-
-
-
pensions
-
-
-
6 184
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
6 554
Employee
50 577
-
-
-
other
50
-
35
-
income
10 671
-
-
-
pensions
2 377
-
1 595
-
unemployment
785
-
526
-
total
13 883
-
2 156
-
Employer
50 577
-
-
-
accident
1 001
-
671
-
other
403
-
272
-
unemployment
2 782
-
1 866
-
pensions
11 935
-
8 008
-
total
16 121
-
10 817
-
Corporate
-
5 000
-
-
income

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

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
30 004
1 558
12 973
6 554
After tax
-25 004
3 442
-7 973
-1 554
Living cost
36 694
36 694
36 694
36 694
Free-cash
-61 698
-33 252
-44 667
-38 248

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽51797
-₽81138
-₽62014
-₽62016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
436
income
-
-
-
-
pensions
-
-
-
7 736
health
-
-
-
3 625
surtax
-
-
-
-
communal
-
-
-
-
total
-
-
-
11 797
Employee
76 946
-
-
-
health
3 424
-
2 152
-
surtax
4 716
-
-
-
income
7 432
-
-
-
pensions
6 155
-
3 868
-
total
21 727
-
6 020
-
Employer
76 946
-
-
-
accident
692
-
436
-
pensions
6 155
-
3 868
-
health
2 347
-
1 475
-
total
9 194
-
5 779
-
Corporate
-
5 000
-
-
surtax
-
52
-
-
communal
-
-
-
-
income
-
750
-
-
total
-
802
-
-
Dividends
-
4 198
-
-
income
-
147
-
-
withholding
-
631
-
-
total
-
778
-
-
Income
5 000
5 000
5 000
5 000
Total tax
30 921
1 580
11 799
11 797
After tax
-25 921
3 420
-6 799
-6 797
Living cost
55 217
55 217
55 217
55 217
Free-cash
-81 138
-51 797
-62 016
-62 014

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
-₽19677
-₽36420
-₽21948
-₽22868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
218
pensions
-
-
-
2 713
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
964
surtax
-
-
-
-
total
-
-
-
4 126
Employee
34 217
-
2 146
-
other
-
-
-
-
health
873
-
345
-
surtax
121
-
-
-
income
5 736
-
-
-
pensions
2 283
-
904
-
unemployment
2 381
-
943
-
total
11 394
-
2 192
-
Employer
34 217
-
2 146
-
other
-
-
-
-
unemployment
1 086
-
430
-
pensions
4 562
-
1 807
-
health
1 556
-
617
-
total
7 204
-
2 854
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
555
-
-
total
-
555
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 598
1 855
5 046
4 126
After tax
-13 598
3 145
-46
874
Living cost
22 822
22 822
22 822
22 822
Free-cash
-36 420
-19 677
-22 868
-21 948

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽24743
-₽51364
-₽30246
-₽32694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
social contributions
-
-
-
7 875
total
-
-
-
7 875
Employee
56 363
-
5 000
-
social contributions
19 006
-
10 323
-
regional
759
-
-
-
municipal
299
-
-
-
national
8 929
-
-
-
total
28 993
-
10 323
-
Employer
56 363
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 199
-
-
municipal
-
249
-
-
total
-
1 448
-
-
Dividends
-
3 552
-
-
withholding
-
924
-
-
total
-
924
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 993
2 372
10 323
7 875
After tax
-23 993
2 628
-5 323
-2 875
Living cost
27 371
27 371
27 371
27 371
Free-cash
-51 364
-24 743
-32 694
-30 246

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
-₽26468
-₽53942
-₽27476
-₽27375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
health
-
-
-
675
solidarity contribution
-
-
-
-
social contributions
-
-
-
1 460
total
-
-
-
2 565
Employee
43 987
-
3 731
-
social contributions
2 859
-
243
-
health
5 938
-
504
-
solidarity contribution
-
-
-
-
income
5 278
-
448
-
total
14 075
-
1 195
-
Employer
43 987
-
3 731
-
social contributions
10 997
-
933
-
health
3 959
-
336
-
total
14 956
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
607
-
-
total
-
607
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 031
1 557
2 464
2 565
After tax
-24 031
3 443
2 536
2 435
Living cost
29 911
29 911
29 911
29 911
Free-cash
-53 942
-26 468
-27 375
-27 476

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽50355
-₽53159
-₽36316
-₽39977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
19
income
-
-
-
-
pensions
-
-
-
1 874
unemployment
-
-
-
6 232
health
-
-
-
775
surtax
-
-
-
-
total
-
-
-
8 900
Employee
44 415
40 492
40 492
-
other
443
405
102
-
health
1 718
1 568
391
-
income
3 957
2 987
4 757
-
pensions
4 549
4 146
1 037
-
unemployment
1 332
1 215
305
-
total
11 999
10 321
6 592
-
Employer
44 415
40 492
40 492
-
accident
577
526
-
-
other
2 109
1 922
1 666
-
chamber of commerce
177
162
162
-
unemployment
1 332
1 215
305
-
surtax
-
-
-
-
pensions
5 574
5 083
1 273
-
payroll
1 332
1 215
1 215
-
health
1 679
1 531
384
-
total
12 780
11 654
5 005
-
Corporate
3 856
3 856
3 856
-
income

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

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

964
964
964
-
total
964
964
964
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
25 743
22 939
12 561
8 900
After tax
-20 743
-17 939
-7 561
-3 900
Living cost
32 416
32 416
32 416
32 416
Free-cash
-53 159
-50 355
-39 977
-36 316

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
-₽9683
-₽13041
-₽9483
-₽10433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
5 000
-
income
3 608
-
1 000
-
total
3 608
-
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
3 608
250
1 000
50
After tax
1 392
4 750
4 000
4 950
Living cost
14 433
14 433
14 433
14 433
Free-cash
-13 041
-9 683
-10 433
-9 483

Estimated living cost  is ₽14433 per week

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

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
-₽23811
-₽46928
-₽24242
-₽24423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
5 000
income
-
-
-
575
pensions
-
-
-
914
unemployment
-
-
-
8
health
-
-
-
492
total
-
-
-
1 989
Employee

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

44 931
-
4 327
-
health
2 902
-
280
-
income
7 748
-
540
-
pensions
6 965
-
671
-
unemployment
64
-
6
-
total
17 679
-
1 497
-
Employer

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

44 931
-
4 327
-
unemployment
27
-
2
-
pensions
3 976
-
384
-
health
2 993
-
287
-
total
6 996
-
673
-
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
24 675
1 558
2 170
1 989
After tax
-19 675
3 442
2 830
3 011
Living cost
27 253
27 253
27 253
27 253
Free-cash
-46 928
-23 811
-24 423
-24 242

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽40851
-₽146677
-₽40791
-₽52275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
875
social contributions
-
-
-
1 023
total
-
-
-
1 898
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
income
-
858
-
-
total
-
858
-
-
Income
5 000
5 000
5 000
5 000
Total tax
107 784
1 958
13 382
1 898
After tax
-102 784
3 042
-8 382
3 102
Living cost
43 893
43 893
43 893
43 893
Free-cash
-146 677
-40 851
-52 275
-40 791

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
-₽29027
-₽52831
-₽28899
-₽28795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income
-
-
-
291
surtax
-
-
-
-
social contributions

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

-
-
-
1 737
total
-
-
-
2 028
Employee
46 731
-
4 040
-
social contributions
5 141
-
443
-
surtax
-
-
-
-
income
9 720
-
521
-
total
14 861
-
964
-
Employer
46 731
-
4 040
-
social contributions
11 099
-
960
-
total
11 099
-
960
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 051
-
-
total
-
1 051
-
-
Dividends
-
3 949
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
5 000
5 000
5 000
5 000
Total tax
25 960
2 156
1 924
2 028
After tax
-20 960
2 844
3 076
2 972
Living cost
31 871
31 871
31 871
31 871
Free-cash
-52 831
-29 027
-28 795
-28 899

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽46554
-₽78512
-₽48300
-₽45804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 658
other
-
-
-
154
health
-
-
-
270
surtax
-
-
-
-
social contributions
-
-
-
143
total
-
-
-
4 225
Employee
63 638
-
3 810
-
social contributions
1 812
-
110
-
surtax
-
-
-
-
income
5 553
-
-
-
pensions
7 198
-
430
-
total
14 563
-
540
-
Employer
63 638
-
3 810
-
other
2 196
-
131
-
social contributions
191
-
12
-
unemployment
2 578
-
154
-
pensions
10 456
-
627
-
health
4 454
-
266
-
total
19 875
-
1 190
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
34 438
2 480
1 730
4 225
After tax
-29 438
2 520
3 270
775
Living cost
49 074
49 074
49 074
49 074
Free-cash
-78 512
-46 554
-45 804
-48 300

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
-₽26041
-₽32728
-₽26641
-₽26495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
social contributions
-
-
-
1 099
total
-
-
-
1 099
Employee
32 665
-
4 329
-
income
-
-
-
-
social contributions
2 123
-
282
-
total
2 123
-
282
-
Employer
32 665
-
4 329
-
social contributions
5 063
-
671
-
total
5 063
-
671
-
Corporate
-
5 000
-
-
income
-
499
-
-
total
-
499
-
-
Dividends
-
4 501
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 186
499
953
1 099
After tax
-2 186
4 501
4 047
3 901
Living cost
30 542
30 542
30 542
30 542
Free-cash
-32 728
-26 041
-26 495
-26 641

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽216352
-₽216352
-₽45138
-₽216352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
881
national
-
-
-
-
labour market
-
-
-
329
total
-
-
-
1 210
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
172 424
172 424
172 424
1 210
After tax
-167 424
-167 424
-167 424
3 790
Living cost
48 928
48 928
48 928
48 928
Free-cash
-216 352
-216 352
-216 352
-45 138

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽21457
-₽36400
-₽23888
-₽19222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
255
income
-
-
-
-
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
7 026
Employee
34 391
-
4 154
-
health
3 938
-
476
-
income
4 718
-
570
-
pensions
3 873
-
468
-
total
12 529
-
1 514
-
Employer
34 391
-
4 154
-
accident
574
-
69
-
unemployment
843
-
102
-
pensions
5 592
-
675
-
total
7 009
-
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
19 538
4 595
2 360
7 026
After tax
-14 538
405
2 640
-2 026
Living cost
21 862
21 862
21 862
21 862
Free-cash
-36 400
-21 457
-19 222
-23 888

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
-₽35550
-₽58544
-₽34909
-₽35843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
900
health
-
-
-
-
national
-
-
-
-
total
-
-
-
900
Employee
53 457
-
4 206
-
health
399
-
-
-
municipal
8 756
-
694
-
pensions
3 608
-
283
-
unemployment
802
-
64
-
national
883
-
-
-
total
14 448
-
1 041
-
Employer
53 457
-
4 206
-
accident
54
-
4
-
unemployment
347
-
27
-
pensions
9 275
-
729
-
health
411
-
33
-
total
10 087
-
793
-
Corporate
-
5 000
-
-
income
-
1 001
-
-
total
-
1 001
-
-
Dividends

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

-
2 999
-
-
national
-
-
-
-
municipal
-
540
-
-
total
-
540
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 535
1 541
1 834
900
After tax
-19 535
3 459
3 166
4 100
Living cost
39 009
39 009
39 009
39 009
Free-cash
-58 544
-35 550
-35 843
-34 909

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
-₽41501
-₽34203
-₽25536
-₽32619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 626
income
-
-
-
-
health
-
-
-
985
social contributions
-
-
-
6 026
total
-
-
-
7 011
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
2 187
-
health
605
1 329
447
-
income
8 507
7 233
8 785
-
total
12 066
15 046
11 419
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
2 187
-
health
658
1 446
488
-
total
3 612
7 930
2 675
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
15 678
22 976
14 094
7 011
After tax
-10 678
-17 976
-9 094
-2 011
Living cost
23 525
23 525
23 525
23 525
Free-cash
-34 203
-41 501
-32 619
-25 536

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
-₽11990
-₽20724
-₽21301
-₽17205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
5 000
income
-
-
-
-
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
10 169
Employee

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

23 322
-
3 176
-
health
1 982
-
1 504
-
income
1 595
-
-
-
pensions
3 498
-
2 655
-
unemployment
116
-
89
-
total
7 191
-
4 248
-
Employer

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

23 322
-
3 176
-
unemployment
116
-
89
-
pensions
1 282
-
974
-
health
1 003
-
762
-
total
2 401
-
1 825
-
Corporate
-
5 000
-
-
income
-
449
-
-
total
-
449
-
-
Dividends
-
4 551
-
-
withholding
-
409
-
-
total
-
409
-
-
Income
5 000
5 000
5 000
5 000
Total tax
9 592
858
6 073
10 169
After tax
-4 592
4 142
-1 073
-5 169
Living cost
16 132
16 132
16 132
16 132
Free-cash
-20 724
-11 990
-17 205
-21 301

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
-₽24499
-₽44547
-₽29495
-₽35914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
197
income
-
-
-
-
pensions
-
-
-
6 184
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
6 554
Employee
37 570
-
-
-
other
37
-
35
-
income
7 243
-
-
-
pensions
1 766
-
1 595
-
unemployment
582
-
526
-
total
9 628
-
2 156
-
Employer
37 570
-
-
-
accident
744
-
671
-
other
301
-
272
-
unemployment
2 067
-
1 866
-
pensions
8 866
-
8 008
-
total
11 978
-
10 817
-
Corporate
-
5 000
-
-
income

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

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 606
1 558
12 973
6 554
After tax
-16 606
3 442
-7 973
-1 554
Living cost
27 941
27 941
27 941
27 941
Free-cash
-44 547
-24 499
-35 914
-29 495

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽339
-₽189
-₽237
-₽96
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
731
pensions
-
-
-
1 000
health
-
-
-
725
total
-
-
-
2 456
Employee
4 236
-
4 082
-
health
212
-
204
-
income
820
-
784
-
pensions
381
-
367
-
unemployment
42
-
41
-
total
1 455
-
1 396
-
Employer
4 236
-
4 082
-
unemployment
85
-
82
-
pensions
466
-
449
-
health
402
-
388
-
total
953
-
919
-
Corporate
-
5 000
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
3 900
-
-
withholding
-
780
-
-
total
-
780
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 408
1 880
2 315
2 456
After tax
2 592
3 120
2 685
2 544
Living cost
2 781
2 781
2 781
2 781
Free-cash
-189
339
-96
-237

Estimated living cost  is ₽2781 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
-₽13945
-₽26218
-₽14544
-₽14541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
5 000
income
-
-
-
-
pensions
-
-
-
1 366
unemployment
-
-
-
79
health
-
-
-
541
total
-
-
-
1 986
Employee

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

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

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

26 477
-
4 060
-
health
1 364
-
270
-
income
3 650
-
-
-
pensions
3 707
-
735
-
unemployment
199
-
39
-
total
8 920
-
1 044
-
Employer

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

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

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

26 477
-
4 060
-
unemployment
199
-
39
-
pensions
3 177
-
630
-
health
1 364
-
270
-
total
4 740
-
939
-
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
13 660
1 387
1 983
1 986
After tax
-8 660
3 613
3 017
3 014
Living cost
17 558
17 558
17 558
17 558
Free-cash
-26 218
-13 945
-14 541
-14 544

Estimated living cost  is ₽17558 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
-₽24548
-₽43800
-₽24420
-₽24316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income
-
-
-
291
surtax
-
-
-
-
social contributions

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

-
-
-
1 737
total
-
-
-
2 028
Employee
39 436
-
4 040
-
social contributions
4 338
-
443
-
surtax
-
-
-
-
income
7 705
-
521
-
total
12 043
-
964
-
Employer
39 436
-
4 040
-
social contributions
9 365
-
960
-
total
9 365
-
960
-
Corporate
-
5 000
-
-
surtax
-
-
-
-
income
-
1 051
-
-
total
-
1 051
-
-
Dividends
-
3 949
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 408
2 156
1 924
2 028
After tax
-16 408
2 844
3 076
2 972
Living cost
27 392
27 392
27 392
27 392
Free-cash
-43 800
-24 548
-24 316
-24 420

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
-₽32267
-₽59717
-₽37263
-₽43682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
197
income
-
-
-
-
pensions
-
-
-
6 184
other
-
-
-
21
unemployment
-
-
-
152
total
-
-
-
6 554
Employee
49 071
-
-
-
other
48
-
35
-
income
10 249
-
-
-
pensions
2 306
-
1 595
-
unemployment
760
-
526
-
total
13 363
-
2 156
-
Employer
49 071
-
-
-
accident
972
-
671
-
other
393
-
272
-
unemployment
2 699
-
1 866
-
pensions
11 581
-
8 008
-
total
15 645
-
10 817
-
Corporate
-
5 000
-
-
income

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

-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
29 008
1 558
12 973
6 554
After tax
-24 008
3 442
-7 973
-1 554
Living cost
35 709
35 709
35 709
35 709
Free-cash
-59 717
-32 267
-43 682
-37 263

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
-₽13204
-₽22686
-₽14999
-₽15109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
pensions

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

-
-
-
981
unemployment
-
-
-
27
health
-
-
-
762
total
-
-
-
2 520
Employee
23 145
-
3 700
-
health
1 065
-
305
-
accident

We are using the highest rate at 1.1%.

254
-
73
-
income
2 315
-
370
-
pensions

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

2 032
-
582
-
total
5 666
-
1 330
-
Employer
23 145
-
3 700
-
accident

We are using the highest rate at 1.1%.

254
-
73
-
unemployment
139
-
39
-
pensions

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

2 551
-
731
-
health
1 597
-
457
-
total
4 541
-
1 300
-
Corporate
-
5 000
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 207
725
2 630
2 520
After tax
-5 207
4 275
2 370
2 480
Living cost
17 479
17 479
17 479
17 479
Free-cash
-22 686
-13 204
-15 109
-14 999

Estimated living cost  is ₽17479 per week

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

Source of data for Sofia model

Close
Berlin , Germany
-₽36368
-₽45554
-₽41168
-₽41168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
-
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.

-
-
-
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 941
surtax

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

-
-
-
-
total
-
-
-
6 941
Employee

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

50 555
-
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.

6 941
-
6 941
-
surtax

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

229
-
-
-
income

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

4 157
-
-
-
total
11 327
-
6 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
40
-
-
income
-
750
-
-
trade
-
717
-
-
chamber of commerce
-
162
-
-
total
-
1 669
-
-
Dividends
-
3 330
-
-
surtax

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

-
25
-
-
withholding
-
447
-
-
total
-
472
-
-
Income
5 000
5 000
5 000
5 000
Total tax
11 327
2 141
6 941
6 941
After tax
-6 327
2 859
-1 941
-1 941
Living cost
39 227
39 227
39 227
39 227
Free-cash
-45 554
-36 368
-41 168
-41 168

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽54379
-₽74479
-₽52879
-₽52879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
79 479
-
5 000
-
income
14 997
-
-
-
social contributions
6 603
-
-
-
total
21 600
-
-
-
Employer
79 479
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
625
-
-
total
-
625
-
-
Dividends
-
4 375
-
-
withholding
-
875
-
-
total
-
875
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 600
1 500
-
-
After tax
-16 600
3 500
5 000
5 000
Living cost
57 879
57 879
57 879
57 879
Free-cash
-74 479
-54 379
-52 879
-52 879

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
-₽36667
-₽49314
-₽67618
-₽35415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
5 000
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
3 234
-
income
5 058
-
-
-
social contributions
4 670
-
1 766
-
total
9 728
-
1 766
-
Employer
46 611
-
3 234
-
social contributions
4 670
-
1 766
-
total
4 670
-
1 766
-
Corporate
-
5 000
-
-
income
-
1 751
-
-
total
-
1 751
-
-
Dividends
-
3 249
-
-
social contributions
3 033
3 033
-
-
total
3 033
3 033
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 431
4 784
3 532
35 735
After tax
-12 431
216
1 468
-30 735
Living cost
36 883
36 883
36 883
36 883
Free-cash
-49 314
-36 667
-35 415
-67 618

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₽34241
-₽53402
-₽33987
-₽34061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 000
pensions
-
-
-
-
total
-
-
-
1 000
Employee
52 143
-
4 908
-
health
680
-
-
-
income
9 496
-
982
-
pensions
3 980
-
-
-
total
14 156
-
982
-
Employer
52 143
-
4 908
-
pensions
5 268
-
-
-
health
991
-
92
-
total
6 259
-
92
-
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
20 415
1 254
1 074
1 000
After tax
-15 415
3 746
3 926
4 000
Living cost
37 987
37 987
37 987
37 987
Free-cash
-53 402
-34 241
-34 061
-33 987

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽23622
-₽40497
-₽26053
-₽21387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
255
income
-
-
-
-
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
7 026
Employee
37 795
-
4 154
-
health
4 327
-
476
-
income
5 185
-
570
-
pensions
4 256
-
468
-
total
13 768
-
1 514
-
Employer
37 795
-
4 154
-
accident
631
-
69
-
unemployment
926
-
102
-
pensions
6 145
-
675
-
total
7 702
-
846
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
21 470
4 595
2 360
7 026
After tax
-16 470
405
2 640
-2 026
Living cost
24 027
24 027
24 027
24 027
Free-cash
-40 497
-23 622
-21 387
-26 053

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
-₽9445
-₽16912
-₽11069
-₽11053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 160
work injury
-
-
-
34
health insurance
-
-
-
500
income
-
-
-
516
pensions
-
-
-
1 243
unemployment
-
-
-
81
total
-
-
-
2 374
Employee

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

21 911
-
5 000
-
work injury
110
-
34
-
income
2 191
-
500
-
pensions
4 032
-
1 243
-
health insurance
1 621
-
500
-
unemployment
263
-
81
-
total
8 217
-
2 358
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
750
-
-
total
-
750
-
-
Income
5 000
5 000
5 000
5 000
Total tax
8 217
750
2 358
2 374
After tax
-3 217
4 250
2 642
2 626
Living cost
13 695
13 695
13 695
13 695
Free-cash
-16 912
-9 445
-11 053
-11 069

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
-₽37844
-₽80622
-₽43353
-₽45801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
social contributions
-
-
-
7 875
total
-
-
-
7 875
Employee
85 620
-
5 000
-
social contributions
28 871
-
10 323
-
regional
1 293
-
-
-
municipal
511
-
-
-
national
14 469
-
-
-
total
45 144
-
10 323
-
Employer
85 620
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
nationa
-
1 199
-
-
municipal
-
241
-
-
total
-
1 440
-
-
Dividends
-
3 560
-
-
withholding
-
926
-
-
total
-
926
-
-
Income
5 000
5 000
5 000
5 000
Total tax
45 144
2 366
10 323
7 875
After tax
-40 144
2 634
-5 323
-2 875
Living cost
40 478
40 478
40 478
40 478
Free-cash
-80 622
-37 844
-45 801
-43 353

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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