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
-₽25748
-₽29974
-₽29974
-₽31036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
6 437
Employee

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

36 036
-
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.

55
-
-
-
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.

1 007
-
-
-
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.

6 437
-
6 437
-
total
7 499
-
6 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
749
-
-
surtax

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

-
41
-
-
chamber of commerce
-
150
-
-
trade
-
787
-
-
total
-
1 727
-
-
Dividends
-
3 273
-
-
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
-
459
-
-
total
-
484
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 499
2 211
6 437
6 437
After tax
-2 499
2 789
-1 437
-1 437
Living cost
28 537
28 537
28 537
28 537
Free-cash
-31 036
-25 748
-29 974
-29 974

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47050
-₽45736
-₽45824
-₽79832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
54
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
600
total
-
-
-
654
Employee
77 774
-
4 322
-
municipal
9 606
-
-
-
pensions
3 111
-
173
-
national
14 886
-
-
-
total
27 603
-
173
-
Employer
77 774
-
4 322
-
pensions
6 222
-
346
-
social contributions
836
-
46
-
total
7 058
-
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
34 661
1 880
565
654
After tax
-29 661
3 120
4 435
4 346
Living cost
50 170
50 170
50 170
50 170
Free-cash
-79 832
-47 050
-45 736
-45 824

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15600
-₽18191
-₽18316
-₽29162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
2 966
microenterprise
-
-
-
749
total
-
-
-
3 715
Employee
27 531
-
2 778
-
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.

3 029
-
1 016
-
income
4 901
-
352
-
total
7 930
-
1 368
-
Employer
27 531
-
2 778
-
social contributions

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

6 631
-
2 222
-
surtax
-
-
-
-
total
6 631
-
2 222
-
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%.

-
999
-
-
total
-
999
-
-
Dividends

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

-
4 001
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 561
999
3 590
3 715
After tax
-9 561
4 001
1 410
1 285
Living cost
19 601
19 601
19 601
19 601
Free-cash
-29 162
-15 600
-18 191
-18 316

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽83271
-₽88559
-₽36588
-₽88559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
451
health
-
-
-
767
pensions
-
-
-
901
total
-
-
-
2 119
Employee
80 457
80 457
80 457
-
pensions
14 482
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
12 349
-
total
40 001
34 713
40 001
-
Employer
80 457
80 457
80 457
-
health
5 593
5 593
5 593
-
pensions
5 600
5 600
5 600
-
unemployment
2 896
2 896
2 896
-
total
14 089
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
54 090
48 802
54 090
2 119
After tax
-49 090
-43 802
-49 090
2 881
Living cost
39 469
39 469
39 469
39 469
Free-cash
-88 559
-83 271
-88 559
-36 588

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34890
-₽34949
-₽35128
-₽65448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
accident
-
-
-
10
other
-
-
-
581
unemployment
-
-
-
5
health
-
-
-
312
municipal
-
-
-
1 059
national
-
-
-
-
pensions
-
-
-
541
total
-
-
-
2 508
Employee
53 604
-
3 804
-
municipal
15 985
-
1 134
-
national
-
-
-
-
total
15 985
-
1 134
-
Employer
53 604
-
3 804
-
health
3 297
-
234
-
pensions
5 795
-
411
-
accident
107
-
8
-
unemployment
1 415
-
100
-
other
6 229
-
442
-
total
16 843
-
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
32 828
2 270
2 329
2 508
After tax
-27 828
2 730
2 671
2 492
Living cost
37 620
37 620
37 620
37 620
Free-cash
-65 448
-34 890
-34 949
-35 128

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34250
-₽38449
-₽38449
-₽42779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
6 437
Employee

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

47 779
-
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.

225
-
-
-
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.

4 105
-
-
-
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.

6 437
-
6 437
-
total
10 767
-
6 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
749
-
-
surtax

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

-
41
-
-
chamber of commerce
-
150
-
-
trade
-
822
-
-
total
-
1 762
-
-
Dividends
-
3 237
-
-
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
-
451
-
-
total
-
476
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 767
2 238
6 437
6 437
After tax
-5 767
2 762
-1 437
-1 437
Living cost
37 012
37 012
37 012
37 012
Free-cash
-42 779
-34 250
-38 449
-38 449

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46865
-₽38628
-₽32060
-₽41713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 817
income
-
-
-
-
social contributions
-
-
-
5 587
health
-
-
-
914
total
-
-
-
6 501
Employee
72 448
72 448
72 448
-
social contributions
3 520
6 013
2 028
-
income
7 608
6 707
8 146
-
health
721
1 232
415
-
total
11 849
13 952
10 589
-
Employer
72 448
72 448
72 448
-
health
785
1 341
452
-
social contributions
3 520
6 013
2 028
-
total
4 305
7 354
2 480
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 154
21 306
13 069
6 501
After tax
-11 154
-16 306
-8 069
-1 501
Living cost
30 559
30 559
30 559
30 559
Free-cash
-41 713
-46 865
-38 628
-32 060

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16788
-₽15997
-₽13827
-₽24169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
544
unemployment
-
-
-
111
health
-
-
-
520
pensions
-
-
-
743
total
-
-
-
1 918
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.

24 409
9 714
9 714
-
unemployment
366
146
112
-
pensions
2 441
971
747
-
income
2 984
1 188
1 250
-
health
1 709
680
523
-
total
7 500
2 985
2 632
-
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.

24 409
9 714
9 714
-
pensions
4 760
1 894
1 456
-
total
4 760
1 894
1 456
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
12 260
4 879
4 088
1 918
After tax
-7 260
121
912
3 082
Living cost
16 909
16 909
16 909
16 909
Free-cash
-24 169
-16 788
-15 997
-13 827

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18756
-₽21771
-₽21298
-₽30763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
health
-
-
-
1 395
pensions
-
-
-
2 146
total
-
-
-
3 541
Employee
26 728
-
1 374
-
unemployment
427
-
172
-
pensions
535
-
215
-
income
3 009
-
-
-
total
3 971
-
387
-
Employer
26 728
-
1 374
-
health
3 474
-
1 395
-
pensions
5 346
-
2 146
-
unemployment
215
-
86
-
total
9 035
-
3 627
-
Corporate
-
5 000
-
-
income
-
999
-
-
total
-
999
-
-
Dividends
-
4 001
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 006
999
4 014
3 541
After tax
-8 006
4 001
986
1 459
Living cost
22 757
22 757
22 757
22 757
Free-cash
-30 763
-18 756
-21 771
-21 298

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽20639
-₽18404
-₽22706
-₽34850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
-
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
6 662
Employee
33 103
-
4 154
-
pensions
3 728
-
468
-
income
4 541
-
570
-
health
3 790
-
475
-
total
12 059
-
1 513
-
Employer
33 103
-
4 154
-
pensions
5 383
-
675
-
accident
553
-
70
-
unemployment
811
-
102
-
total
6 747
-
847
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 806
4 595
2 360
6 662
After tax
-13 806
405
2 640
-1 662
Living cost
21 044
21 044
21 044
21 044
Free-cash
-34 850
-20 639
-18 404
-22 706

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2857
-₽3607
-₽2657
-₽4509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
5 000
microenterprise

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

-
-
-
50
total
-
-
-
50
Employee
9 509
-
5 000
-
income
1 902
-
1 000
-
total
1 902
-
1 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
5 000
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
250
-
-
total
-
250
-
-
Income
5 000
5 000
5 000
5 000
Total tax
1 902
250
1 000
50
After tax
3 098
4 750
4 000
4 950
Living cost
7 607
7 607
7 607
7 607
Free-cash
-4 509
-2 857
-3 607
-2 657

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21432
-₽22355
-₽23803
-₽37829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
306
other
-
-
-
486
health
-
-
-
451
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.

-
-
-
2 455
total
-
-
-
3 698
Employee
34 209
-
3 747
-
unemployment
341
-
38
-
pensions

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

2 394
-
263
-
income
5 889
-
645
-
health
479
-
52
-
total
9 103
-
998
-
Employer
34 209
-
3 747
-
health
479
-
52
-
pensions

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

5 816
-
637
-
accident
274
-
30
-
unemployment
341
-
38
-
other
1 711
-
495
-
total
8 621
-
1 252
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 724
1 327
2 250
3 698
After tax
-12 724
3 673
2 750
1 302
Living cost
25 105
25 105
25 105
25 105
Free-cash
-37 829
-21 432
-22 355
-23 803

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽59300
-₽59121
-₽59047
-₽96426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
89 201
-
4 907
-
pensions
8 605
-
-
-
income
16 079
-
982
-
health
1 470
-
-
-
total
26 154
-
982
-
Employer
89 201
-
4 907
-
health
1 694
-
93
-
pensions
10 532
-
-
-
total
12 226
-
93
-
Corporate
-
5 000
-
-
income

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

-
951
-
-
total
-
951
-
-
Dividends
-
4 049
-
-
withholding
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
38 380
1 254
1 075
1 001
After tax
-33 380
3 746
3 925
3 999
Living cost
63 046
63 046
63 046
63 046
Free-cash
-96 426
-59 300
-59 121
-59 047

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8073
-₽9822
-₽9738
-₽14560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
unemployment
-
-
-
25
health
-
-
-
706
pensions

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

-
-
-
909
total
-
-
-
2 390
Employee
16 350
-
3 795
-
accident

We are using the highest rate at 1.1%.

180
-
68
-
pensions

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

1 436
-
539
-
income
1 635
-
379
-
health
752
-
282
-
total
4 003
-
1 268
-
Employer
16 350
-
3 795
-
health
1 129
-
424
-
pensions

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

1 802
-
677
-
accident

We are using the highest rate at 1.1%.

180
-
68
-
unemployment
98
-
37
-
total
3 209
-
1 206
-
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
7 212
725
2 474
2 390
After tax
-2 212
4 275
2 526
2 610
Living cost
12 348
12 348
12 348
12 348
Free-cash
-14 560
-8 073
-9 822
-9 738

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽96046
-₽101334
-₽49363
-₽97644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
451
health
-
-
-
767
pensions
-
-
-
901
total
-
-
-
2 119
Employee
87 351
80 457
80 457
-
pensions
11 039
11 039
14 482
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
12 349
-
total
35 106
34 713
40 001
-
Employer
87 351
80 457
80 457
-
health
6 070
5 593
5 593
-
pensions
6 079
5 600
5 600
-
unemployment
3 145
2 896
2 896
-
total
15 294
14 089
14 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
50 400
48 802
54 090
2 119
After tax
-45 400
-43 802
-49 090
2 881
Living cost
52 244
52 244
52 244
52 244
Free-cash
-97 644
-96 046
-101 334
-49 363

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19676
-₽20581
-₽20682
-₽40556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
social contributions
-
-
-
1 460
solidarity contribution
-
-
-
-
health
-
-
-
675
total
-
-
-
2 565
Employee
33 996
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
243
-
income
4 080
-
448
-
health
4 590
-
504
-
total
10 880
-
1 195
-
Employer
33 996
-
3 731
-
health
3 060
-
336
-
social contributions
8 499
-
933
-
total
11 559
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 439
1 558
2 464
2 565
After tax
-17 439
3 442
2 536
2 435
Living cost
23 118
23 118
23 118
23 118
Free-cash
-40 556
-19 676
-20 581
-20 682

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37088
-₽44329
-₽42058
-₽78733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 302
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 302
Employee
83 734
-
5 000
-
municipal
443
-
-
-
national
14 509
-
-
-
regional
790
-
-
-
social contributions
28 235
-
9 573
-
total
43 977
-
9 573
-
Employer
83 734
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
195
-
-
nationa
-
1 200
-
-
total
-
1 395
-
-
Dividends
-
3 605
-
-
withholding
-
937
-
-
total
-
937
-
-
Income
5 000
5 000
5 000
5 000
Total tax
43 977
2 332
9 573
7 302
After tax
-38 977
2 668
-4 573
-2 302
Living cost
39 756
39 756
39 756
39 756
Free-cash
-78 733
-37 088
-44 329
-42 058

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17644
-₽20533
-₽19690
-₽32716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
275
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
215
health
-
-
-
894
pensions
-
-
-
2 516
total
-
-
-
3 900
Employee
31 157
-
2 354
-
other
-
-
-
-
unemployment
2 169
-
874
-
pensions
2 078
-
839
-
surtax
102
-
-
-
income
5 223
-
64
-
health
796
-
320
-
total
10 368
-
2 097
-
Employer
31 157
-
2 354
-
health
1 418
-
572
-
pensions
4 153
-
1 675
-
unemployment
987
-
399
-
other
-
-
-
-
total
6 558
-
2 646
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
554
-
-
total
-
554
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 926
1 854
4 743
3 900
After tax
-11 926
3 146
257
1 100
Living cost
20 790
20 790
20 790
20 790
Free-cash
-32 716
-17 644
-20 533
-19 690

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽39326
-₽39147
-₽39073
-₽62388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
59 780
-
4 907
-
pensions
5 074
-
-
-
income
10 767
-
982
-
health
868
-
-
-
total
16 709
-
982
-
Employer
59 780
-
4 907
-
health
1 136
-
93
-
pensions
6 471
-
-
-
total
7 607
-
93
-
Corporate
-
5 000
-
-
income

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

-
951
-
-
total
-
951
-
-
Dividends
-
4 049
-
-
withholding
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 316
1 254
1 075
1 001
After tax
-19 316
3 746
3 925
3 999
Living cost
43 072
43 072
43 072
43 072
Free-cash
-62 388
-39 326
-39 147
-39 073

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽72161
-₽73147
-₽70302
-₽90425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
other

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

-
-
-
99
regional
-
-
-
-
health
-
-
-
243
city
-
-
-
50
national
-
-
-
-
pensions
-
-
-
461
total
-
-
-
853
Employee
87 124
-
3 094
-
unemployment
-
-
-
-
pensions
7 320
-
1 803
-
national
412
-
-
-
regional
2 853
-
-
-
city
935
-
15
-
health
197
-
8
-
total
11 717
-
1 826
-
Employer
87 124
-
3 094
-
health
197
-
8
-
pensions
7 320
-
1 803
-
unemployment
-
-
-
-
other

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

1 742
-
61
-
total
9 259
-
1 872
-
Corporate
-
5 000
-
-
regional
-
1 057
-
-
national
-
424
-
-
total
-
1 481
-
-
Dividends
-
3 518
-
-
withholding
-
1 231
-
-
total
-
1 231
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 976
2 712
3 698
853
After tax
-15 976
2 288
1 302
4 147
Living cost
74 449
74 449
74 449
74 449
Free-cash
-90 425
-72 161
-73 147
-70 302

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40426
-₽44598
-₽44598
-₽51623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
6 437
Employee

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

56 622
-
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.

367
-
-
-
income

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

6 658
-
-
-
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.

6 437
-
6 437
-
total
13 462
-
6 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
749
-
-
surtax

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

-
41
-
-
chamber of commerce
-
150
-
-
trade
-
858
-
-
total
-
1 798
-
-
Dividends
-
3 201
-
-
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
-
442
-
-
total
-
467
-
-
Income
5 000
5 000
5 000
5 000
Total tax
13 462
2 265
6 437
6 437
After tax
-8 462
2 735
-1 437
-1 437
Living cost
43 161
43 161
43 161
43 161
Free-cash
-51 623
-40 426
-44 598
-44 598

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29715
-₽28962
-₽31201
-₽47916
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
250
pensions
-
-
-
3 417
total
-
-
-
3 966
Employee
40 323
-
3 811
-
pensions
4 559
-
431
-
surtax
-
-
-
-
social contributions
1 150
-
107
-
income
2 380
-
-
-
total
8 089
-
538
-
Employer
40 323
-
3 811
-
health
2 823
-
266
-
pensions
6 624
-
626
-
unemployment
1 632
-
154
-
social contributions
122
-
11
-
other
1 391
-
132
-
total
12 592
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 681
2 480
1 727
3 966
After tax
-15 681
2 520
3 273
1 034
Living cost
32 235
32 235
32 235
32 235
Free-cash
-47 916
-29 715
-28 962
-31 201

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26521
-₽25768
-₽28007
-₽42234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
250
pensions
-
-
-
3 417
total
-
-
-
3 966
Employee
35 994
-
3 811
-
pensions
4 071
-
431
-
surtax
-
-
-
-
social contributions
1 026
-
107
-
income
1 856
-
-
-
total
6 953
-
538
-
Employer
35 994
-
3 811
-
health
2 519
-
266
-
pensions
5 914
-
626
-
unemployment
1 457
-
154
-
social contributions
107
-
11
-
other
1 243
-
132
-
total
11 240
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 193
2 480
1 727
3 966
After tax
-13 193
2 520
3 273
1 034
Living cost
29 041
29 041
29 041
29 041
Free-cash
-42 234
-26 521
-25 768
-28 007

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18414
-₽17452
-₽18201
-₽29419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
749
social contributions
-
-
-
1 643
health
-
-
-
831
total
-
-
-
3 223
Employee
31 945
-
5 000
-
social contributions
4 409
-
1 643
-
income
5 328
-
-
-
health
2 230
-
831
-
total
11 967
-
2 474
-
Employer
31 945
-
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%.

-
250
-
-
total
-
250
-
-
Dividends
-
4 750
-
-
social contributions
1 643
1 643
-
-
withholding
-
712
-
-
health
831
831
-
-
total
2 474
3 186
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 441
3 436
2 474
3 223
After tax
-9 441
1 564
2 526
1 777
Living cost
19 978
19 978
19 978
19 978
Free-cash
-29 419
-18 414
-17 452
-18 201

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49653
-₽40032
-₽36640
-₽56712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
20
health
-
-
-
719
pensions
-
-
-
1 738
total
-
-
-
8 442
Employee
47 085
37 547
37 547
-
other
470
375
95
-
unemployment
1 412
1 126
282
-
pensions
4 822
3 844
962
-
income
5 360
2 770
4 411
-
health
1 822
1 454
363
-
total
13 886
9 569
6 113
-
Employer
47 085
37 547
37 547
-
chamber of commerce
188
150
150
-
health
1 779
1 420
356
-
pensions
5 909
4 713
1 180
-
accident
611
488
2
-
unemployment
1 412
1 126
282
-
surtax
186
186
186
-
payroll
1 412
1 126
1 126
-
other
2 237
1 783
1 545
-
total
13 734
10 992
4 827
-
Corporate
3 576
3 576
3 576
-
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.

894
894
894
-
total
894
894
894
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 514
21 455
11 834
8 442
After tax
-23 514
-16 455
-6 834
-3 442
Living cost
33 198
33 198
33 198
33 198
Free-cash
-56 712
-49 653
-40 032
-36 640

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31223
-₽32031
-₽34331
-₽82010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
communal

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

-
-
-
2
social contributions
-
-
-
4 967
national
-
-
-
9
total
-
-
-
4 978
Employee

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

67 394
-
3 872
-
unemployment

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

586
-
34
-
communal

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

3 515
-
202
-
pensions

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

5 054
-
290
-
national
20 719
-
842
-
health

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

3 166
-
182
-
total
33 040
-
1 550
-
Employer

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

67 394
-
3 872
-
health

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

4 144
-
238
-
pensions

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

5 972
-
343
-
accident

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

876
-
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.

983
-
57
-
surtax
7 642
-
440
-
total
19 617
-
1 128
-
Corporate
-
5 000
-
-
income
-
999
-
-
surtax
-
20
-
-
total
-
1 019
-
-
Dividends
-
3 981
-
-
withholding

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

-
851
-
-
total
-
851
-
-
Income
5 000
5 000
5 000
5 000
Total tax
52 657
1 870
2 678
4 978
After tax
-47 657
3 130
2 322
22
Living cost
34 353
34 353
34 353
34 353
Free-cash
-82 010
-31 223
-32 031
-34 331

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30582
-₽41054
-₽35102
-₽56848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 734
total
-
-
-
6 077
Employee
46 899
-
-
-
other
46
-
32
-
unemployment
728
-
488
-
pensions
2 205
-
1 479
-
income
9 895
-
-
-
total
12 874
-
1 999
-
Employer
46 899
-
-
-
pensions
11 067
-
7 425
-
accident
928
-
622
-
unemployment
2 580
-
1 731
-
other
374
-
252
-
total
14 949
-
10 030
-
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.

-
749
-
-
total
-
749
-
-
Dividends
-
4 251
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 823
1 557
12 029
6 077
After tax
-22 823
3 443
-7 029
-1 077
Living cost
34 026
34 026
34 026
34 026
Free-cash
-56 848
-30 582
-41 054
-35 102

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47778
-₽57142
-₽57139
-₽74873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
communal
-
-
-
-
accident
-
-
-
404
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 361
pensions
-
-
-
7 173
total
-
-
-
10 938
Employee
71 349
-
-
-
pensions
5 707
-
3 587
-
surtax
4 373
-
-
-
income
6 892
-
-
-
health
3 175
-
1 995
-
total
20 147
-
5 582
-
Employer
71 349
-
-
-
health
2 176
-
1 368
-
pensions
5 707
-
3 587
-
accident
642
-
404
-
total
8 525
-
5 359
-
Corporate
-
5 000
-
-
communal
-
-
-
-
income
-
749
-
-
surtax
-
52
-
-
total
-
801
-
-
Dividends
-
4 199
-
-
income
-
147
-
-
withholding
-
629
-
-
total
-
776
-
-
Income
5 000
5 000
5 000
5 000
Total tax
28 672
1 577
10 941
10 938
After tax
-23 672
3 423
-5 941
-5 938
Living cost
51 201
51 201
51 201
51 201
Free-cash
-74 873
-47 778
-57 142
-57 139

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18016
-₽20905
-₽20062
-₽33409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
275
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
215
health
-
-
-
894
pensions
-
-
-
2 516
total
-
-
-
3 900
Employee
31 729
-
2 354
-
other
-
-
-
-
unemployment
2 208
-
874
-
pensions
2 117
-
839
-
surtax
113
-
-
-
income
5 319
-
64
-
health
810
-
320
-
total
10 567
-
2 097
-
Employer
31 729
-
2 354
-
health
1 443
-
572
-
pensions
4 230
-
1 675
-
unemployment
1 007
-
399
-
other
-
-
-
-
total
6 680
-
2 646
-
Corporate
-
5 000
-
-
income
-
1 300
-
-
total
-
1 300
-
-
Dividends
-
3 700
-
-
withholding
-
554
-
-
total
-
554
-
-
Income
5 000
5 000
5 000
5 000
Total tax
17 247
1 854
4 743
3 900
After tax
-12 247
3 146
257
1 100
Living cost
21 162
21 162
21 162
21 162
Free-cash
-33 409
-18 016
-20 905
-20 062

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22752
-₽29953
-₽27682
-₽47265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 302
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 302
Employee
52 263
-
5 000
-
municipal
277
-
-
-
national
8 280
-
-
-
regional
704
-
-
-
social contributions
17 624
-
9 573
-
total
26 885
-
9 573
-
Employer
52 263
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
249
-
-
nationa
-
1 200
-
-
total
-
1 449
-
-
Dividends
-
3 552
-
-
withholding
-
923
-
-
total
-
923
-
-
Income
5 000
5 000
5 000
5 000
Total tax
26 885
2 372
9 573
7 302
After tax
-21 885
2 628
-4 573
-2 302
Living cost
25 380
25 380
25 380
25 380
Free-cash
-47 265
-22 752
-29 953
-27 682

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽25045
-₽25951
-₽26052
-₽51135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
430
social contributions
-
-
-
1 460
solidarity contribution
-
-
-
-
health
-
-
-
675
total
-
-
-
2 565
Employee
41 892
-
3 731
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
243
-
income
5 027
-
448
-
health
5 655
-
504
-
total
13 405
-
1 195
-
Employer
41 892
-
3 731
-
health
3 770
-
336
-
social contributions
10 473
-
933
-
total
14 243
-
1 269
-
Corporate
-
5 000
-
-
income
-
950
-
-
total
-
950
-
-
Dividends
-
4 050
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
27 648
1 558
2 464
2 565
After tax
-22 648
3 442
2 536
2 435
Living cost
28 487
28 487
28 487
28 487
Free-cash
-51 135
-25 045
-25 951
-26 052

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46327
-₽36709
-₽33314
-₽48929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
20
health
-
-
-
719
pensions
-
-
-
1 738
total
-
-
-
8 256
Employee
41 185
37 547
37 547
-
other
411
375
95
-
unemployment
1 235
1 126
282
-
pensions
4 218
3 844
962
-
income
3 669
2 770
4 411
-
health
1 593
1 454
363
-
total
11 126
9 569
6 113
-
Employer
41 185
37 547
37 547
-
chamber of commerce
164
150
150
-
health
1 557
1 420
356
-
pensions
5 169
4 713
1 180
-
accident
535
488
5
-
unemployment
1 235
1 126
282
-
surtax
-
-
-
-
payroll
1 235
1 126
1 126
-
other
1 956
1 783
1 545
-
total
11 851
10 806
4 644
-
Corporate
3 576
3 576
3 576
-
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.

894
894
894
-
total
894
894
894
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
23 871
21 269
11 651
8 256
After tax
-18 871
-16 269
-6 651
-3 256
Living cost
30 058
30 058
30 058
30 058
Free-cash
-48 929
-46 327
-36 709
-33 314

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7105
-₽7855
-₽6905
-₽9819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
5 000
-
income
2 964
-
1 000
-
total
2 964
-
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
2 964
250
1 000
50
After tax
2 036
4 750
4 000
4 950
Living cost
11 855
11 855
11 855
11 855
Free-cash
-9 819
-7 105
-7 855
-6 905

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21828
-₽22438
-₽22258
-₽43151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
5 000
income
-
-
-
574
unemployment
-
-
-
7
health
-
-
-
492
pensions
-
-
-
914
total
-
-
-
1 987
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.

41 663
-
4 328
-
unemployment
59
-
5
-
pensions
6 458
-
670
-
income
7 185
-
540
-
health
2 691
-
279
-
total
16 393
-
1 494
-
Employer

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

41 663
-
4 328
-
health
2 775
-
288
-
pensions
3 687
-
383
-
unemployment
25
-
2
-
total
6 487
-
673
-
Corporate
-
5 000
-
-
income
-
949
-
-
total
-
949
-
-
Dividends
-
4 051
-
-
withholding
-
608
-
-
total
-
608
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 880
1 557
2 167
1 987
After tax
-17 880
3 443
2 833
3 013
Living cost
25 271
25 271
25 271
25 271
Free-cash
-43 151
-21 828
-22 438
-22 258

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37402
-₽47774
-₽37278
-₽134756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
893
social contributions
-
-
-
942
total
-
-
-
1 835
Employee
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
1 958
12 331
1 835
After tax
-94 312
3 042
-7 331
3 165
Living cost
40 444
40 444
40 444
40 444
Free-cash
-134 756
-37 402
-47 774
-37 278

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26710
-₽26480
-₽26582
-₽48624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 738
total
-
-
-
2 029
Employee
43 332
-
4 040
-
surtax
-
-
-
-
social contributions
4 767
-
445
-
income
9 013
-
522
-
total
13 780
-
967
-
Employer
43 332
-
4 040
-
social contributions
10 291
-
960
-
total
10 291
-
960
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
surtax
-
-
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 107
-
-
total
-
1 107
-
-
Income
5 000
5 000
5 000
5 000
Total tax
24 071
2 157
1 927
2 029
After tax
-19 071
2 843
3 073
2 971
Living cost
29 553
29 553
29 553
29 553
Free-cash
-48 624
-26 710
-26 480
-26 582

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42985
-₽42232
-₽44471
-₽72438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
-
other
-
-
-
156
surtax
-
-
-
-
social contributions
-
-
-
143
health
-
-
-
250
pensions
-
-
-
3 417
total
-
-
-
3 966
Employee
59 010
-
3 811
-
pensions
6 674
-
431
-
surtax
-
-
-
-
social contributions
1 681
-
107
-
income
5 149
-
-
-
total
13 504
-
538
-
Employer
59 010
-
3 811
-
health
4 130
-
266
-
pensions
9 696
-
626
-
unemployment
2 390
-
154
-
social contributions
177
-
11
-
other
2 036
-
132
-
total
18 429
-
1 189
-
Corporate
-
5 000
-
-
income
-
1 400
-
-
surtax
-
-
-
-
total
-
1 400
-
-
Dividends
-
3 600
-
-
surtax
-
-
-
-
social contributions
-
619
-
-
withholding
-
461
-
-
total
-
1 080
-
-
Income
5 000
5 000
5 000
5 000
Total tax
31 933
2 480
1 727
3 966
After tax
-26 933
2 520
3 273
1 034
Living cost
45 505
45 505
45 505
45 505
Free-cash
-72 438
-42 985
-42 232
-44 471

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23822
-₽24273
-₽24422
-₽29985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 101
total
-
-
-
1 101
Employee
30 290
-
4 328
-
income
-
-
-
-
social contributions
1 969
-
282
-
total
1 969
-
282
-
Employer
30 290
-
4 328
-
social contributions
4 695
-
670
-
total
4 695
-
670
-
Corporate
-
5 000
-
-
income
-
501
-
-
total
-
501
-
-
Dividends
-
4 499
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
6 664
501
952
1 101
After tax
-1 664
4 499
4 048
3 899
Living cost
28 321
28 321
28 321
28 321
Free-cash
-29 985
-23 822
-24 273
-24 422

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽200259
-₽200259
-₽41523
-₽200259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
labour market
-
-
-
335
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
817
total
-
-
-
1 152
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
159 888
159 888
159 888
1 152
After tax
-154 888
-154 888
-154 888
3 848
Living cost
45 371
45 371
45 371
45 371
Free-cash
-200 259
-200 259
-200 259
-41 523

Estimated living cost  is ₽45371 per week

₽31052
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.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20329
-₽18094
-₽22396
-₽34263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
-
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
6 662
Employee
32 615
-
4 154
-
pensions
3 673
-
468
-
income
4 474
-
570
-
health
3 735
-
475
-
total
11 882
-
1 513
-
Employer
32 615
-
4 154
-
pensions
5 303
-
675
-
accident
545
-
70
-
unemployment
799
-
102
-
total
6 647
-
847
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 529
4 595
2 360
6 662
After tax
-13 529
405
2 640
-1 662
Living cost
20 734
20 734
20 734
20 734
Free-cash
-34 263
-20 329
-18 094
-22 396

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32711
-₽33007
-₽32071
-₽53922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
5 000
health
-
-
-
-
municipal
-
-
-
899
national
-
-
-
-
total
-
-
-
899
Employee
49 569
-
4 208
-
municipal
8 119
-
696
-
unemployment
744
-
63
-
pensions
3 345
-
284
-
national
819
-
-
-
health
370
-
-
-
total
13 397
-
1 043
-
Employer
49 569
-
4 208
-
health
381
-
32
-
pensions
8 600
-
729
-
accident
50
-
4
-
unemployment
322
-
27
-
total
9 353
-
792
-
Corporate
-
5 000
-
-
income
-
999
-
-
total
-
999
-
-
Dividends

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

-
3 000
-
-
municipal
-
540
-
-
national
-
-
-
-
total
-
540
-
-
Income
5 000
5 000
5 000
5 000
Total tax
22 750
1 539
1 835
899
After tax
-17 750
3 461
3 165
4 101
Living cost
36 172
36 172
36 172
36 172
Free-cash
-53 922
-32 711
-33 007
-32 071

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38120
-₽29883
-₽23315
-₽31351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 817
income
-
-
-
-
social contributions
-
-
-
5 587
health
-
-
-
914
total
-
-
-
6 501
Employee
72 448
72 448
72 448
-
social contributions
2 739
6 013
2 028
-
income
7 888
6 707
8 146
-
health
561
1 232
415
-
total
11 188
13 952
10 589
-
Employer
72 448
72 448
72 448
-
health
610
1 341
452
-
social contributions
2 739
6 013
2 028
-
total
3 349
7 354
2 480
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 000
5 000
5 000
5 000
Total tax
14 537
21 306
13 069
6 501
After tax
-9 537
-16 306
-8 069
-1 501
Living cost
21 814
21 814
21 814
21 814
Free-cash
-31 351
-38 120
-29 883
-23 315

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10819
-₽15589
-₽19389
-₽18852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
5 000
income
-
-
-
-
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
9 430
Employee

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

21 626
-
3 309
-
unemployment
107
-
82
-
pensions
3 243
-
2 462
-
income
1 479
-
-
-
health
1 838
-
1 395
-
total
6 667
-
3 939
-
Employer

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

21 626
-
3 309
-
health
930
-
706
-
pensions
1 189
-
903
-
unemployment
107
-
82
-
total
2 226
-
1 691
-
Corporate
-
5 000
-
-
income
-
451
-
-
total
-
451
-
-
Dividends
-
4 549
-
-
withholding
-
409
-
-
total
-
409
-
-
Income
5 000
5 000
5 000
5 000
Total tax
8 893
860
5 630
9 430
After tax
-3 893
4 140
-630
-4 430
Living cost
14 959
14 959
14 959
14 959
Free-cash
-18 852
-10 819
-15 589
-19 389

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22465
-₽32937
-₽26985
-₽40943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 734
total
-
-
-
6 077
Employee
34 837
-
-
-
other
34
-
32
-
unemployment
540
-
488
-
pensions
1 638
-
1 479
-
income
6 716
-
-
-
total
8 928
-
1 999
-
Employer
34 837
-
-
-
pensions
8 221
-
7 425
-
accident
690
-
622
-
unemployment
1 917
-
1 731
-
other
279
-
252
-
total
11 107
-
10 030
-
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.

-
749
-
-
total
-
749
-
-
Dividends
-
4 251
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 035
1 557
12 029
6 077
After tax
-15 035
3 443
-7 029
-1 077
Living cost
25 908
25 908
25 908
25 908
Free-cash
-40 943
-22 465
-32 937
-26 985

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1208
₽725
₽584
₽895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
health
-
-
-
725
pensions
-
-
-
1 000
total
-
-
-
2 504
Employee
2 913
-
4 082
-
unemployment
29
-
41
-
pensions
262
-
367
-
income
563
-
832
-
health
146
-
204
-
total
1 000
-
1 444
-
Employer
2 913
-
4 082
-
health
277
-
388
-
pensions
320
-
449
-
unemployment
58
-
82
-
total
655
-
919
-
Corporate
1 432
5 000
-
-
income
315
1 100
-
-
total
315
1 100
-
-
Dividends
1 117
3 900
-
-
withholding
223
780
-
-
total
223
780
-
-
Income
5 000
5 000
5 000
5 000
Total tax
2 193
1 880
2 363
2 504
After tax
2 807
3 120
2 637
2 496
Living cost
1 912
1 912
1 912
1 912
Free-cash
895
1 208
725
584

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12687
-₽13178
-₽13220
-₽23977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31
unemployment
-
-
-
75
health
-
-
-
515
pensions
-
-
-
1 300
total
-
-
-
1 921
Employee

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

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

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

24 577
-
4 127
-
unemployment
184
-
37
-
pensions
3 441
-
683
-
income
3 388
-
35
-
health
1 266
-
251
-
total
8 279
-
1 006
-
Employer

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

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

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

24 577
-
4 127
-
health
1 266
-
251
-
pensions
2 949
-
585
-
unemployment
184
-
37
-
total
4 399
-
873
-
Corporate
-
5 000
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
4 250
-
-
withholding
-
638
-
-
total
-
638
-
-
Income
5 000
5 000
5 000
5 000
Total tax
12 678
1 388
1 879
1 921
After tax
-7 678
3 612
3 121
3 079
Living cost
16 299
16 299
16 299
16 299
Free-cash
-23 977
-12 687
-13 178
-13 220

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22557
-₽22327
-₽22429
-₽40252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 738
total
-
-
-
2 029
Employee
36 568
-
4 040
-
surtax
-
-
-
-
social contributions
4 023
-
445
-
income
7 145
-
522
-
total
11 168
-
967
-
Employer
36 568
-
4 040
-
social contributions
8 684
-
960
-
total
8 684
-
960
-
Corporate
-
5 000
-
-
income
-
1 050
-
-
surtax
-
-
-
-
total
-
1 050
-
-
Dividends
-
3 950
-
-
withholding
-
1 107
-
-
total
-
1 107
-
-
Income
5 000
5 000
5 000
5 000
Total tax
19 852
2 157
1 927
2 029
After tax
-14 852
2 843
3 073
2 971
Living cost
25 400
25 400
25 400
25 400
Free-cash
-40 252
-22 557
-22 327
-22 429

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29669
-₽40141
-₽34189
-₽55010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
182
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
141
pensions
-
-
-
5 734
total
-
-
-
6 077
Employee
45 502
-
-
-
other
45
-
32
-
unemployment
704
-
488
-
pensions
2 138
-
1 479
-
income
9 504
-
-
-
total
12 391
-
1 999
-
Employer
45 502
-
-
-
pensions
10 738
-
7 425
-
accident
901
-
622
-
unemployment
2 503
-
1 731
-
other
365
-
252
-
total
14 507
-
10 030
-
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.

-
749
-
-
total
-
749
-
-
Dividends
-
4 251
-
-
withholding
-
808
-
-
total
-
808
-
-
Income
5 000
5 000
5 000
5 000
Total tax
26 898
1 557
12 029
6 077
After tax
-21 898
3 443
-7 029
-1 077
Living cost
33 112
33 112
33 112
33 112
Free-cash
-55 010
-29 669
-40 141
-34 189

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11926
-₽13675
-₽13591
-₽20662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
750
unemployment
-
-
-
25
health
-
-
-
706
pensions

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

-
-
-
909
total
-
-
-
2 390
Employee
21 452
-
3 795
-
accident

We are using the highest rate at 1.1%.

236
-
68
-
pensions

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

1 883
-
539
-
income
2 146
-
379
-
health
987
-
282
-
total
5 252
-
1 268
-
Employer
21 452
-
3 795
-
health
1 480
-
424
-
pensions

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

2 364
-
677
-
accident

We are using the highest rate at 1.1%.

236
-
68
-
unemployment
129
-
37
-
total
4 209
-
1 206
-
Corporate
-
5 000
-
-
income
-
500
-
-
total
-
500
-
-
Dividends
-
4 500
-
-
withholding
-
225
-
-
total
-
225
-
-
Income
5 000
5 000
5 000
5 000
Total tax
9 461
725
2 474
2 390
After tax
-4 461
4 275
2 526
2 610
Living cost
16 201
16 201
16 201
16 201
Free-cash
-20 662
-11 926
-13 675
-13 591

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33535
-₽37811
-₽37811
-₽41879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 000
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 437
trade
-
-
-
-
total
-
-
-
6 437
Employee

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

46 879
-
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.

213
-
-
-
income

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

3 855
-
-
-
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.

6 437
-
6 437
-
total
10 505
-
6 437
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
749
-
-
surtax

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

-
41
-
-
chamber of commerce
-
150
-
-
trade
-
717
-
-
total
-
1 657
-
-
Dividends
-
3 343
-
-
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.

-
27
-
-
withholding
-
477
-
-
total
-
504
-
-
Income
5 000
5 000
5 000
5 000
Total tax
10 505
2 161
6 437
6 437
After tax
-5 505
2 839
-1 437
-1 437
Living cost
36 374
36 374
36 374
36 374
Free-cash
-41 879
-33 535
-37 811
-37 811

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50170
-₽48670
-₽48670
-₽68700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
73 698
-
5 000
-
income
13 907
-
-
-
social contributions
6 123
-
-
-
total
20 030
-
-
-
Employer
73 698
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
income
-
626
-
-
total
-
626
-
-
Dividends
-
4 374
-
-
withholding
-
874
-
-
total
-
874
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 030
1 500
-
-
After tax
-15 030
3 500
5 000
5 000
Living cost
53 670
53 670
53 670
53 670
Free-cash
-68 700
-50 170
-48 670
-48 670

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33763
-₽32477
-₽61741
-₽45363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
3 362
-
income
4 690
-
-
-
social contributions
4 330
-
1 638
-
total
9 020
-
1 638
-
Employer
43 221
-
3 362
-
social contributions
4 330
-
1 638
-
total
4 330
-
1 638
-
Corporate
-
5 000
-
-
income
-
1 750
-
-
total
-
1 750
-
-
Dividends
-
3 250
-
-
social contributions
2 812
2 812
-
-
total
2 812
2 812
-
-
Income
5 000
5 000
5 000
5 000
Total tax
16 162
4 562
3 276
32 540
After tax
-11 162
438
1 724
-27 540
Living cost
34 201
34 201
34 201
34 201
Free-cash
-45 363
-33 763
-32 477
-61 741

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31270
-₽31091
-₽31017
-₽48833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
income
-
-
-
1 001
pensions
-
-
-
-
total
-
-
-
1 001
Employee
48 064
-
4 907
-
pensions
3 668
-
-
-
income
8 753
-
982
-
health
627
-
-
-
total
13 048
-
982
-
Employer
48 064
-
4 907
-
health
913
-
93
-
pensions
4 856
-
-
-
total
5 769
-
93
-
Corporate
-
5 000
-
-
income

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

-
951
-
-
total
-
951
-
-
Dividends
-
4 049
-
-
withholding
-
303
-
-
total
-
303
-
-
Income
5 000
5 000
5 000
5 000
Total tax
18 817
1 254
1 075
1 001
After tax
-13 817
3 746
3 925
3 999
Living cost
35 016
35 016
35 016
35 016
Free-cash
-48 833
-31 270
-31 091
-31 017

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22381
-₽20146
-₽24448
-₽38148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
-
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
6 662
Employee
35 844
-
4 154
-
pensions
4 036
-
468
-
income
4 917
-
570
-
health
4 104
-
475
-
total
13 057
-
1 513
-
Employer
35 844
-
4 154
-
pensions
5 828
-
675
-
accident
599
-
70
-
unemployment
878
-
102
-
total
7 305
-
847
-
Corporate
-
5 000
-
-
income

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

-
4 500
-
-
total
-
4 500
-
-
Dividends
-
500
-
-
withholding
-
95
-
-
total
-
95
-
-
Income
5 000
5 000
5 000
5 000
Total tax
20 362
4 595
2 360
6 662
After tax
-15 362
405
2 640
-1 662
Living cost
22 786
22 786
22 786
22 786
Free-cash
-38 148
-22 381
-20 146
-24 448

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8480
-₽9957
-₽9957
-₽15368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
5 000
income
-
-
-
500
unemployment
-
-
-
75
work injury
-
-
-
31
health insurance
-
-
-
465
pensions
-
-
-
1 156
total
-
-
-
2 227
Employee

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

20 368
-
5 000
-
health insurance
1 507
-
465
-
unemployment
244
-
75
-
work injury
102
-
31
-
pensions
3 748
-
1 156
-
income
2 037
-
500
-
total
7 638
-
2 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
5 000
-
-
withholding
-
750
-
-
total
-
750
-
-
Income
5 000
5 000
5 000
5 000
Total tax
7 638
750
2 227
2 227
After tax
-2 638
4 250
2 773
2 773
Living cost
12 730
12 730
12 730
12 730
Free-cash
-15 368
-8 480
-9 957
-9 957

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34901
-₽42107
-₽39836
-₽74395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 000
social contributions
-
-
-
7 302
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 302
Employee
79 393
-
5 000
-
municipal
474
-
-
-
national
13 417
-
-
-
regional
1 199
-
-
-
social contributions
26 771
-
9 573
-
total
41 861
-
9 573
-
Employer
79 393
-
5 000
-
total
-
-
-
-
Corporate
-
5 000
-
-
municipal
-
241
-
-
nationa
-
1 200
-
-
total
-
1 441
-
-
Dividends
-
3 559
-
-
withholding
-
926
-
-
total
-
926
-
-
Income
5 000
5 000
5 000
5 000
Total tax
41 861
2 367
9 573
7 302
After tax
-36 861
2 633
-4 573
-2 302
Living cost
37 534
37 534
37 534
37 534
Free-cash
-74 395
-34 901
-42 107
-39 836

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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