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
₽ 50500
per

Your estimated
City
free-cash

Dresden , Germany
₽9579
-₽2490
₽7787
₽10729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
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.

-
-
-
6 348
trade
-
-
-
1 150
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.

-
-
-
275
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.

-
-
-
5 001
total
-
-
-
12 774
Employee

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

35 543
-
50 500
-
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.

6 348
-
6 348
-
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
-
275
-
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.

993
-
5 001
-
total
7 396
-
11 624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 957
50 500
-
-
trade
2 356
7 953
-
-
chamber of commerce
162
213
-
-
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.

123
416
-
-
income
2 243
7 576
-
-
total
4 884
16 158
-
-
Dividends
10 072
34 341
-
-
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.

120
453
-
-
withholding
2 166
8 232
-
-
total
2 286
8 685
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 566
24 843
11 624
12 774
After tax
35 934
25 657
38 876
37 726
Living cost
28 147
28 147
28 147
28 147
Free-cash
7 787
-2 490
10 729
9 579

Estimated living cost  is ₽28147 per week

₽17705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16865
-₽17295
-₽32025
-₽16468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
municipal
-
-
-
4 689
social contributions
-
-
-
543
national
-
-
-
7 266
pensions
-
-
-
6 060
total
-
-
-
18 558
Employee
75 660
-
43 657
-
pensions
3 026
-
1 746
-
national
14 481
-
7 569
-
municipal
9 345
-
4 884
-
total
26 852
-
14 199
-
Employer
75 660
-
43 657
-
pensions
6 053
-
3 493
-
social contributions
813
-
469
-
total
6 866
-
3 962
-
Corporate
-
50 500
-
-
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%.

-
10 100
-
-
total
-
10 100
-
-
Dividends
-
40 400
-
-
withholding
-
8 888
-
-
total
-
8 888
-
-
Income
50 500
50 500
50 500
50 500
Total tax
33 718
18 988
18 161
18 558
After tax
16 782
31 512
32 339
31 942
Living cost
48 807
48 807
48 807
48 807
Free-cash
-32 025
-17 295
-16 468
-16 865

Estimated living cost  is ₽48807 per week

₽33174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20665
₽21068
₽13444
₽9615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
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.

-
-
-
2 926
income
-
-
-
-
microenterprise
-
-
-
7 576
surtax
-
-
-
-
total
-
-
-
10 502
Employee
27 154
-
40 697
-
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.

2 987
-
4 477
-
income
4 834
-
7 272
-
total
7 821
-
11 749
-
Employer
27 154
-
40 697
-
surtax
-
-
-
-
social contributions

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

6 541
-
9 803
-
total
6 541
-
9 803
-
Corporate
16 806
50 500
-
-
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%.

3 361
10 099
-
-
total
3 361
10 099
-
-
Dividends

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

13 445
40 401
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 723
10 099
21 552
10 502
After tax
32 777
40 401
28 948
39 998
Living cost
19 333
19 333
19 333
19 333
Free-cash
13 444
21 068
9 615
20 665

Estimated living cost  is ₽19333 per week

₽12334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽4719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽10024
-₽36561
-₽41777
-₽41777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
7 750
pensions
-
-
-
9 091
income
-
-
-
4 755
total
-
-
-
21 596
Employee
79 356
79 356
79 356
-
health
12 180
10 360
12 180
-
pensions
14 284
10 888
14 284
-
income

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

12 989
12 989
12 989
-
total
39 453
34 237
39 453
-
Employer
79 356
79 356
79 356
-
health
5 516
5 516
5 516
-
pensions
5 523
5 523
5 523
-
unemployment
2 857
2 857
2 857
-
total
13 896
13 896
13 896
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
53 349
48 133
53 349
21 596
After tax
-2 849
2 367
-2 849
28 904
Living cost
38 928
38 928
38 928
38 928
Free-cash
-41 777
-36 561
-41 777
-10 024

Estimated living cost  is ₽38928 per week

₽27588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13675
-₽11276
-₽22248
-₽11881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 151
accident
-
-
-
101
other
-
-
-
5 868
municipal
-
-
-
10 697
pensions
-
-
-
5 459
national
-
-
-
-
unemployment
-
-
-
50
total
-
-
-
25 326
Employee
55 356
-
38 426
-
national
-
-
-
-
municipal
16 507
-
11 459
-
total
16 507
-
11 459
-
Employer
55 356
-
38 426
-
health
3 404
-
2 363
-
accident
111
-
77
-
pensions
5 984
-
4 154
-
other
6 432
-
4 465
-
unemployment
1 461
-
1 014
-
total
17 392
-
12 073
-
Corporate
-
50 500
-
-
income
-
11 110
-
-
total
-
11 110
-
-
Dividends
-
39 390
-
-
withholding
-
11 817
-
-
total
-
11 817
-
-
Income
50 500
50 500
50 500
50 500
Total tax
33 899
22 927
23 532
25 326
After tax
16 601
27 573
26 968
25 174
Living cost
38 849
38 849
38 849
38 849
Free-cash
-22 248
-11 276
-11 881
-13 675

Estimated living cost  is ₽38849 per week

₽25747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1169
-₽11111
₽1947
₽2370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
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.

-
-
-
6 348
trade
-
-
-
1 201
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.

-
-
-
275
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.

-
-
-
5 001
total
-
-
-
12 825
Employee

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

47 125
-
50 500
-
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.

6 348
-
6 348
-
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.

222
-
275
-
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.

4 049
-
5 001
-
total
10 619
-
11 624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 375
50 500
-
-
trade
555
8 308
-
-
chamber of commerce
146
213
-
-
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.

28
416
-
-
income
506
7 576
-
-
total
1 235
16 513
-
-
Dividends
2 139
33 987
-
-
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.

11
448
-
-
withholding
182
8 144
-
-
total
193
8 592
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 047
25 105
11 624
12 825
After tax
38 453
25 395
38 876
37 675
Living cost
36 506
36 506
36 506
36 506
Free-cash
1 947
-11 111
2 370
1 169

Estimated living cost  is ₽36506 per week

₽24415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
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.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9805
-₽656
₽3214
₽3738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
1 287
social contributions
-
-
-
7 877
income
-
-
-
1 390
total
-
-
-
10 554
Employee
71 456
71 456
71 456
-
health
711
1 215
779
-
social contributions
3 472
5 931
3 806
-
income
7 504
6 615
7 382
-
total
11 687
13 761
11 967
-
Employer
71 456
71 456
71 456
-
health
774
1 323
848
-
social contributions
3 472
5 931
3 806
-
total
4 246
7 254
4 654
-
Corporate
4 426
-
-
-
income
554
-
-
-
total
554
-
-
-
Dividends
3 873
-
-
-
withholding
658
-
-
-
total
658
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 145
21 015
16 621
10 554
After tax
33 355
29 485
33 879
39 946
Living cost
30 141
30 141
30 141
30 141
Free-cash
3 214
-656
3 738
9 805

Estimated living cost  is ₽30141 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17943
₽11569
₽11923
₽12235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 535
pensions
-
-
-
5 050
unemployment
-
-
-
758
income
-
-
-
6 174
total
-
-
-
15 517
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.

24 598
9 790
42 259
-
health
1 722
685
2 958
-
pensions
2 460
979
4 226
-
unemployment
369
147
634
-
income
3 007
1 197
5 166
-
total
7 558
3 008
12 984
-
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.

24 598
9 790
42 259
-
pensions
4 797
1 909
8 241
-
total
4 797
1 909
8 241
-
Corporate
21 106
38 802
-
-
income
1 900
3 492
-
-
total
1 900
3 492
-
-
Dividends
19 206
35 309
-
-
social contributions
3 633
6 773
-
-
withholding
3 649
6 709
-
-
total
7 282
13 482
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 537
21 891
21 225
15 517
After tax
28 963
28 609
29 275
34 983
Living cost
17 040
17 040
17 040
17 040
Free-cash
11 923
11 569
12 235
17 943

Estimated living cost  is ₽17040 per week

₽11628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5803
₽17956
₽12183
₽7559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
6 565
pensions
-
-
-
10 099
income
-
-
-
5 588
total
-
-
-
22 252
Employee
26 362
-
37 741
-
pensions
527
-
755
-
unemployment
421
-
603
-
income
2 968
-
6 382
-
total
3 916
-
7 740
-
Employer
26 362
-
37 741
-
health
3 426
-
4 906
-
pensions
5 273
-
7 548
-
unemployment
212
-
302
-
total
8 911
-
12 756
-
Corporate
15 227
50 500
-
-
income
3 045
10 099
-
-
total
3 045
10 099
-
-
Dividends
12 182
40 401
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
15 872
10 099
20 496
22 252
After tax
34 628
40 401
30 004
28 248
Living cost
22 445
22 445
22 445
22 445
Free-cash
12 183
17 956
7 559
5 803

Estimated living cost  is ₽22445 per week

₽15395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1337
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.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14319
-₽16525
₽929
₽6052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
9 038
total
-
-
-
15 565
Employee
32 431
-
41 951
-
health
3 713
-
4 804
-
pensions
3 652
-
4 724
-
income
4 449
-
5 755
-
total
11 814
-
15 283
-
Employer
32 431
-
41 951
-
accident
541
-
700
-
pensions
5 273
-
6 821
-
unemployment
795
-
1 028
-
total
6 609
-
8 549
-
Corporate
11 460
50 500
-
-
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.

10 314
45 450
-
-
total
10 314
45 450
-
-
Dividends
1 146
5 050
-
-
withholding
218
959
-
-
total
218
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 955
46 409
23 832
15 565
After tax
21 545
4 091
26 668
34 935
Living cost
20 616
20 616
20 616
20 616
Free-cash
929
-16 525
6 052
14 319

Estimated living cost  is ₽20616 per week

₽15110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽42319
₽40299
₽38860
₽32724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
50 500
microenterprise

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

-
-
-
505
total
-
-
-
505
Employee
9 595
-
50 500
-
income
1 919
-
10 100
-
total
1 919
-
10 100
-
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%.

40 905
50 500
-
-
total
-
-
-
-
Dividends
40 905
50 500
-
-
withholding
2 045
2 525
-
-
total
2 045
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
3 964
2 525
10 100
505
After tax
46 536
47 975
40 400
49 995
Living cost
7 676
7 676
7 676
7 676
Free-cash
38 860
40 299
32 724
42 319

Estimated living cost  is ₽7676 per week

₽4757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2585
₽12341
₽6064
₽4842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
2 222
other
-
-
-
2 398
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.

-
-
-
12 120
income
-
-
-
6 414
total
-
-
-
23 154
Employee
33 741
-
40 335
-
health
473
-
564
-
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.

2 361
-
2 823
-
unemployment
337
-
404
-
income
5 809
-
6 943
-
total
8 980
-
10 734
-
Employer
33 741
-
40 335
-
health
473
-
564
-
accident
270
-
323
-
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.

5 737
-
6 856
-
other
1 688
-
2 016
-
unemployment
337
-
404
-
total
8 505
-
10 163
-
Corporate
8 256
50 500
-
-
income
1 733
10 605
-
-
total
1 733
10 605
-
-
Dividends
6 522
39 895
-
-
withholding
457
2 793
-
-
total
457
2 793
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 675
13 398
20 897
23 154
After tax
30 825
37 102
29 603
27 346
Living cost
24 761
24 761
24 761
24 761
Free-cash
6 064
12 341
4 842
2 585

Estimated living cost  is ₽24761 per week

₽17495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24058
-₽24224
-₽49343
-₽29073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
pensions
-
-
-
2 996
income
-
-
-
9 501
total
-
-
-
12 497
Employee
87 807
-
45 160
-
health
1 447
-
572
-
pensions
8 471
-
3 354
-
income
15 828
-
8 246
-
total
25 746
-
12 172
-
Employer
87 807
-
45 160
-
health
1 668
-
858
-
pensions
10 368
-
4 482
-
total
12 036
-
5 340
-
Corporate
-
50 500
-
-
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.

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
37 782
12 663
17 512
12 497
After tax
12 718
37 837
32 988
38 003
Living cost
62 061
62 061
62 061
62 061
Free-cash
-49 343
-24 224
-29 073
-24 058

Estimated living cost  is ₽62061 per week

₽46504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21427
₽30615
₽26167
₽22133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
7 575
total
-
-
-
16 511
Employee
16 634
-
43 934
-
health
765
-
1 539
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 460
-
2 939
-
income
1 663
-
4 393
-
total
4 071
-
9 239
-
Employer
16 634
-
43 934
-
health
1 148
-
2 309
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 833
-
3 688
-
unemployment
99
-
201
-
total
3 263
-
6 566
-
Corporate
30 602
50 500
-
-
income
3 060
5 050
-
-
total
3 060
5 050
-
-
Dividends
27 542
45 450
-
-
withholding
1 377
2 273
-
-
total
1 377
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 771
7 323
15 805
16 511
After tax
38 729
43 177
34 695
33 989
Living cost
12 562
12 562
12 562
12 562
Free-cash
26 167
30 615
22 133
21 427

Estimated living cost  is ₽12562 per week

₽7334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22625
-₽49162
-₽50739
-₽54378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
7 750
pensions
-
-
-
9 091
income
-
-
-
4 755
total
-
-
-
21 596
Employee
86 155
79 356
79 356
-
health
10 748
10 360
12 180
-
pensions
10 888
10 888
14 284
-
income

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

12 989
12 989
12 989
-
total
34 625
34 237
39 453
-
Employer
86 155
79 356
79 356
-
health
5 987
5 516
5 516
-
pensions
5 996
5 523
5 523
-
unemployment
3 102
2 857
2 857
-
total
15 085
13 896
13 896
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
49 710
48 133
53 349
21 596
After tax
790
2 367
-2 849
28 904
Living cost
51 529
51 529
51 529
51 529
Free-cash
-50 739
-49 162
-54 378
-22 625

Estimated living cost  is ₽51529 per week

₽38011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1612
₽11784
₽3586
₽2641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
6 817
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
income
-
-
-
4 340
total
-
-
-
25 903
Employee
33 802
-
37 687
-
health
4 563
-
5 088
-
solidarity contribution
-
-
-
-
social contributions
2 197
-
2 450
-
income
4 056
-
4 522
-
total
10 816
-
12 060
-
Employer
33 802
-
37 687
-
health
3 042
-
3 392
-
social contributions
8 450
-
9 422
-
total
11 492
-
12 814
-
Corporate
5 206
50 500
-
-
income
989
9 595
-
-
total
989
9 595
-
-
Dividends
4 217
40 905
-
-
withholding
632
6 136
-
-
total
632
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 929
15 731
24 874
25 903
After tax
26 571
34 769
25 626
24 597
Living cost
22 985
22 985
22 985
22 985
Free-cash
3 586
11 784
2 641
1 612

Estimated living cost  is ₽22985 per week

₽15966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11569
-₽12268
-₽32087
-₽14424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
500
municipal
-
-
-
300
social contributions
-
-
-
12 988
national
-
-
-
9 069
total
-
-
-
22 857
Employee
82 588
-
50 500
-
regional
779
-
436
-
national
14 310
-
7 980
-
social contributions
27 849
-
17 028
-
municipal
437
-
268
-
total
43 375
-
25 712
-
Employer
82 588
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
1 970
-
-
total
-
14 090
-
-
Dividends
-
36 410
-
-
withholding
-
9 466
-
-
total
-
9 466
-
-
Income
50 500
50 500
50 500
50 500
Total tax
43 375
23 556
25 712
22 857
After tax
7 125
26 944
24 788
27 643
Living cost
39 212
39 212
39 212
39 212
Free-cash
-32 087
-12 268
-14 424
-11 569

Estimated living cost  is ₽39212 per week

₽27334
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8281
₽11257
₽8367
₽7165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 585
other
-
-
-
-
pensions
-
-
-
10 099
unemployment
-
-
-
212
income
-
-
-
7 440
surtax
-
-
-
377
total
-
-
-
21 713
Employee
30 730
-
41 718
-
health
785
-
1 065
-
pensions
2 049
-
2 783
-
unemployment
2 139
-
2 904
-
surtax
101
-
303
-
income
5 151
-
6 994
-
other
-
-
-
-
total
10 225
-
14 049
-
Employer
30 730
-
41 718
-
health
1 398
-
1 897
-
pensions
4 097
-
5 560
-
other
-
-
-
-
unemployment
973
-
1 323
-
total
6 468
-
8 780
-
Corporate
13 301
50 500
-
-
income
3 458
13 131
-
-
total
3 458
13 131
-
-
Dividends
9 843
37 369
-
-
withholding
1 476
5 606
-
-
total
1 476
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 627
18 737
22 829
21 713
After tax
28 873
31 763
27 671
28 787
Living cost
20 506
20 506
20 506
20 506
Free-cash
8 367
11 257
7 165
8 281

Estimated living cost  is ₽20506 per week

₽12538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽4396
-₽4562
-₽15834
-₽9411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
pensions
-
-
-
2 996
income
-
-
-
9 501
total
-
-
-
12 497
Employee
58 846
-
45 160
-
health
854
-
572
-
pensions
4 995
-
3 354
-
income
10 598
-
8 246
-
total
16 447
-
12 172
-
Employer
58 846
-
45 160
-
health
1 118
-
858
-
pensions
6 370
-
4 482
-
total
7 488
-
5 340
-
Corporate
-
50 500
-
-
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.

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 935
12 663
17 512
12 497
After tax
26 565
37 837
32 988
38 003
Living cost
42 399
42 399
42 399
42 399
Free-cash
-15 834
-4 562
-9 411
-4 396

Estimated living cost  is ₽42399 per week

₽31765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33033
-₽52894
-₽46896
-₽35791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
248
city
-
-
-
531
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.

-
-
-
1 011
regional
-
-
-
986
pensions
-
-
-
4 645
national
-
-
-
125
total
-
-
-
7 546
Employee
88 924
-
45 104
-
health
201
-
101
-
regional
2 912
-
826
-
pensions
7 471
-
3 897
-
unemployment
-
-
-
-
national
421
-
96
-
city
954
-
484
-
total
11 959
-
5 404
-
Employer
88 924
-
45 104
-
health
201
-
101
-
pensions
7 471
-
3 897
-
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.

1 778
-
902
-
unemployment
-
-
-
-
total
9 450
-
4 900
-
Corporate
-
50 500
-
-
national
-
4 292
-
-
regional
-
10 681
-
-
total
-
14 973
-
-
Dividends
-
35 527
-
-
withholding
-
12 434
-
-
total
-
12 434
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 409
27 407
10 304
7 546
After tax
29 091
23 093
40 196
42 954
Living cost
75 987
75 987
75 987
75 987
Free-cash
-46 896
-52 894
-35 791
-33 033

Estimated living cost  is ₽75987 per week

₽49413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽933
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4944
-₽17432
-₽5347
-₽3694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
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.

-
-
-
6 348
trade
-
-
-
1 250
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.

-
-
-
275
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.

-
-
-
5 001
total
-
-
-
12 874
Employee

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

55 847
-
50 500
-
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.

6 348
-
6 348
-
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.

362
-
275
-
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.

6 567
-
5 001
-
total
13 277
-
11 624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
trade
-
8 660
-
-
chamber of commerce
-
212
-
-
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.

-
416
-
-
income
-
7 576
-
-
total
-
16 864
-
-
Dividends
-
33 636
-
-
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.

-
443
-
-
withholding
-
8 055
-
-
total
-
8 498
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 277
25 362
11 624
12 874
After tax
37 223
25 138
38 876
37 626
Living cost
42 570
42 570
42 570
42 570
Free-cash
-5 347
-17 432
-3 694
-4 944

Estimated living cost  is ₽42570 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1465
-₽6339
-₽1692
-₽951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
437
other
-
-
-
1 566
pensions
-
-
-
14 614
social contributions
-
-
-
1 439
income
-
-
-
2 116
surtax
-
-
-
-
total
-
-
-
20 172
Employee
39 771
-
38 480
-
pensions
4 497
-
4 352
-
surtax
-
-
-
-
social contributions
1 134
-
1 097
-
income
2 347
-
2 190
-
total
7 978
-
7 639
-
Employer
39 771
-
38 480
-
health
2 785
-
2 693
-
pensions
6 534
-
6 324
-
other
1 372
-
1 328
-
social contributions
120
-
115
-
unemployment
1 610
-
1 559
-
total
12 421
-
12 019
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
14 139
-
-
total
-
14 139
-
-
Dividends
-
36 361
-
-
social contributions
-
6 253
-
-
surtax
-
-
-
-
withholding
-
4 654
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 399
25 046
19 658
20 172
After tax
30 101
25 454
30 842
30 328
Living cost
31 793
31 793
31 793
31 793
Free-cash
-1 692
-6 339
-951
-1 465

Estimated living cost  is ₽31793 per week

₽20047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽1685
-₽3189
₽1972
₽2199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
437
other
-
-
-
1 566
pensions
-
-
-
14 614
social contributions
-
-
-
1 439
income
-
-
-
2 116
surtax
-
-
-
-
total
-
-
-
20 172
Employee
35 501
-
38 480
-
pensions
4 015
-
4 352
-
surtax
-
-
-
-
social contributions
1 012
-
1 097
-
income
1 830
-
2 190
-
total
6 857
-
7 639
-
Employer
35 501
-
38 480
-
health
2 485
-
2 693
-
pensions
5 834
-
6 324
-
other
1 226
-
1 328
-
social contributions
106
-
115
-
unemployment
1 437
-
1 559
-
total
11 088
-
12 019
-
Corporate
3 912
50 500
-
-
surtax
-
-
-
-
income
1 095
14 139
-
-
total
1 095
14 139
-
-
Dividends
2 817
36 361
-
-
social contributions
485
6 253
-
-
surtax
-
-
-
-
withholding
360
4 654
-
-
total
845
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 885
25 046
19 658
20 172
After tax
30 615
25 454
30 842
30 328
Living cost
28 643
28 643
28 643
28 643
Free-cash
1 972
-3 189
2 199
1 685

Estimated living cost  is ₽28643 per week

₽16612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12725
₽11104
₽11587
₽10678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 525
social contributions
-
-
-
6 969
income
-
-
-
7 576
total
-
-
-
18 070
Employee
31 508
-
50 500
-
health
2 199
-
3 525
-
social contributions
4 349
-
6 969
-
income
5 255
-
9 623
-
total
11 803
-
20 117
-
Employer
31 508
-
50 500
-
total
-
-
-
-
Corporate
18 992
50 500
-
-
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%.

949
2 525
-
-
total
949
2 525
-
-
Dividends
18 044
47 975
-
-
social contributions
2 490
6 620
-
-
health
1 259
3 349
-
-
withholding
2 707
7 197
-
-
total
6 456
17 166
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 208
19 691
20 117
18 070
After tax
31 292
30 809
30 383
32 430
Living cost
19 705
19 705
19 705
19 705
Free-cash
11 587
11 104
10 678
12 725

Estimated living cost  is ₽19705 per week

₽13187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4586
-₽3884
-₽10369
-₽12807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 864
pensions
-
-
-
9 343
unemployment
-
-
-
5 700
income
-
-
-
3 049
chamber of commerce
-
-
-
203
surtax
-
-
-
183
total
-
-
-
22 342
Employee
46 441
37 033
39 069
-
health
1 797
1 434
1 511
-
pensions
4 756
3 791
4 001
-
unemployment
1 393
1 111
1 173
-
income
5 287
2 732
3 174
-
other
464
370
391
-
total
13 697
9 438
10 250
-
Employer
46 441
37 033
39 069
-
payroll
1 393
1 111
1 173
-
health
1 755
1 400
1 476
-
surtax
183
183
183
-
accident
603
481
508
-
pensions
5 828
4 648
4 902
-
chamber of commerce
185
148
157
-
other
2 206
1 758
1 855
-
unemployment
1 393
1 111
1 173
-
total
13 546
10 840
11 427
-
Corporate
3 527
3 527
35 546
-
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.

882
882
8 886
-
total
882
882
8 886
-
Dividends
-
1 744
-
-
withholding
-
480
-
-
total
-
480
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 125
21 640
30 563
22 342
After tax
22 375
28 860
19 937
28 158
Living cost
32 744
32 744
32 744
32 744
Free-cash
-10 369
-3 884
-12 807
-4 586

Estimated living cost  is ₽32744 per week

₽21839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2793
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.
₽7574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6307
-₽5404
-₽35320
-₽12016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
5 587
national
-
-
-
14 643
communal

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

-
-
-
2 695
total
-
-
-
22 925
Employee

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

66 471
-
39 112
-
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.

3 123
-
1 838
-
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.

4 985
-
2 933
-
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.

578
-
340
-
national
20 436
-
10 095
-
communal

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

3 467
-
2 040
-
total
32 589
-
17 246
-
Employer

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

66 471
-
39 112
-
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.

4 088
-
2 405
-
surtax
7 537
-
4 437
-
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.

864
-
510
-
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.

5 890
-
3 465
-
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.

970
-
571
-
total
19 349
-
11 388
-
Corporate
-
50 500
-
-
surtax
-
203
-
-
income
-
10 099
-
-
total
-
10 302
-
-
Dividends
-
40 198
-
-
withholding

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

-
11 720
-
-
total
-
11 720
-
-
Income
50 500
50 500
50 500
50 500
Total tax
51 938
22 022
28 634
22 925
After tax
-1 438
28 478
21 866
27 575
Living cost
33 882
33 882
33 882
33 882
Free-cash
-35 320
-5 404
-12 016
-6 307

Estimated living cost  is ₽33882 per week

₽21825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5596
₽561
-₽10503
-₽5222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
other
-
-
-
51
pensions
-
-
-
14 291
unemployment
-
-
-
353
income
-
-
-
7 386
total
-
-
-
22 536
Employee
46 257
-
38 293
-
pensions
2 174
-
1 800
-
unemployment
718
-
594
-
other
46
-
39
-
income
9 760
-
7 522
-
total
12 698
-
9 955
-
Employer
46 257
-
38 293
-
accident
915
-
758
-
pensions
10 916
-
9 038
-
other
369
-
305
-
unemployment
2 545
-
2 106
-
total
14 745
-
12 207
-
Corporate
-
50 500
-
-
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.

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 803
-
-
total
-
8 803
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 443
16 379
22 162
22 536
After tax
23 057
34 121
28 338
27 964
Living cost
33 560
33 560
33 560
33 560
Free-cash
-10 503
561
-5 222
-5 596

Estimated living cost  is ₽33560 per week

₽24713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2381
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.
₽5982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16898
-₽18729
-₽28279
-₽15857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 788
accident
-
-
-
455
pensions
-
-
-
8 080
communal
-
-
-
-
income
-
-
-
1 903
surtax
-
-
-
2 672
total
-
-
-
16 898
Employee
70 373
-
45 111
-
health
3 132
-
2 007
-
pensions
5 629
-
3 608
-
surtax
4 313
-
2 765
-
income
6 797
-
2 088
-
total
19 871
-
10 468
-
Employer
70 373
-
45 111
-
health
2 146
-
1 375
-
accident
633
-
406
-
pensions
5 629
-
3 608
-
total
8 408
-
5 389
-
Corporate
-
50 500
-
-
communal
-
3 409
-
-
surtax
-
531
-
-
income
-
7 576
-
-
total
-
11 516
-
-
Dividends
-
38 985
-
-
income
-
1 365
-
-
withholding
-
5 848
-
-
total
-
7 213
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 279
18 729
15 857
16 898
After tax
22 221
31 771
34 643
33 602
Living cost
50 500
50 500
50 500
50 500
Free-cash
-28 279
-18 729
-15 857
-16 898

Estimated living cost  is ₽50500 per week

₽37883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7915
₽10891
₽7938
₽6799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 585
other
-
-
-
-
pensions
-
-
-
10 099
unemployment
-
-
-
212
income
-
-
-
7 440
surtax
-
-
-
377
total
-
-
-
21 713
Employee
31 294
-
41 718
-
health
799
-
1 065
-
pensions
2 088
-
2 783
-
unemployment
2 178
-
2 904
-
surtax
111
-
303
-
income
5 246
-
6 994
-
other
-
-
-
-
total
10 422
-
14 049
-
Employer
31 294
-
41 718
-
health
1 423
-
1 897
-
pensions
4 172
-
5 560
-
other
-
-
-
-
unemployment
993
-
1 323
-
total
6 588
-
8 780
-
Corporate
12 617
50 500
-
-
income
3 280
13 131
-
-
total
3 280
13 131
-
-
Dividends
9 337
37 369
-
-
withholding
1 400
5 606
-
-
total
1 400
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 690
18 737
22 829
21 713
After tax
28 810
31 763
27 671
28 787
Living cost
20 872
20 872
20 872
20 872
Free-cash
7 938
10 891
6 799
7 915

Estimated living cost  is ₽20872 per week

₽12602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2350
₽1512
-₽1048
-₽488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
761
municipal
-
-
-
300
social contributions
-
-
-
12 988
national
-
-
-
9 069
total
-
-
-
23 118
Employee
51 548
-
50 500
-
regional
694
-
680
-
national
8 167
-
7 980
-
social contributions
17 382
-
17 028
-
municipal
273
-
268
-
total
26 516
-
25 956
-
Employer
51 548
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 509
-
-
total
-
14 629
-
-
Dividends
-
35 870
-
-
withholding
-
9 327
-
-
total
-
9 327
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 516
23 956
25 956
23 118
After tax
23 984
26 544
24 544
27 382
Living cost
25 032
25 032
25 032
25 032
Free-cash
-1 048
1 512
-488
2 350

Estimated living cost  is ₽25032 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3727
₽6445
-₽5314
-₽2698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
6 817
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
income
-
-
-
4 340
total
-
-
-
25 903
Employee
41 653
-
37 687
-
health
5 623
-
5 088
-
solidarity contribution
-
-
-
-
social contributions
2 707
-
2 450
-
income
4 998
-
4 522
-
total
13 328
-
12 060
-
Employer
41 653
-
37 687
-
health
3 749
-
3 392
-
social contributions
10 413
-
9 422
-
total
14 162
-
12 814
-
Corporate
-
50 500
-
-
income
-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
6 136
-
-
total
-
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 490
15 731
24 874
25 903
After tax
23 010
34 769
25 626
24 597
Living cost
28 324
28 324
28 324
28 324
Free-cash
-5 314
6 445
-2 698
-3 727

Estimated living cost  is ₽28324 per week

₽21063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1306
-₽655
-₽2694
-₽9669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 864
pensions
-
-
-
9 343
unemployment
-
-
-
5 700
income
-
-
-
3 049
chamber of commerce
-
-
-
203
surtax
-
-
-
-
total
-
-
-
22 159
Employee
40 621
37 033
39 214
-
health
1 571
1 434
1 518
-
pensions
4 160
3 791
4 015
-
unemployment
1 219
1 111
1 176
-
income
3 619
2 732
3 215
-
other
406
370
391
-
total
10 975
9 438
10 315
-
Employer
40 621
37 033
39 214
-
payroll
1 219
1 111
1 176
-
health
1 536
1 400
1 483
-
surtax
-
-
-
-
accident
527
481
510
-
pensions
5 098
4 648
4 922
-
chamber of commerce
162
148
157
-
other
1 929
1 758
1 862
-
unemployment
1 219
1 111
1 176
-
total
11 690
10 657
11 286
-
Corporate
3 527
3 527
35 687
-
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.

882
882
8 921
-
total
882
882
8 921
-
Dividends
-
1 927
-
-
withholding
-
531
-
-
total
-
531
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 547
21 508
30 522
22 159
After tax
26 953
28 992
19 978
28 341
Living cost
29 647
29 647
29 647
29 647
Free-cash
-2 694
-655
-9 669
-1 306

Estimated living cost  is ₽29647 per week

₽17785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38033
₽36013
₽33770
₽28438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
50 500
microenterprise

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

-
-
-
505
total
-
-
-
505
Employee
14 952
-
50 500
-
income
2 991
-
10 100
-
total
2 991
-
10 100
-
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%.

35 548
50 500
-
-
total
-
-
-
-
Dividends
35 548
50 500
-
-
withholding
1 777
2 525
-
-
total
1 777
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 768
2 525
10 100
505
After tax
45 732
47 975
40 400
49 995
Living cost
11 962
11 962
11 962
11 962
Free-cash
33 770
36 013
28 438
38 033

Estimated living cost  is ₽11962 per week

₽8095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3062
₽9845
₽2073
₽1479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
health
-
-
-
4 969
pensions
-
-
-
9 223
unemployment
-
-
-
76
income
-
-
-
8 245
total
-
-
-
22 513
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.

41 092
-
43 697
-
health
2 654
-
2 823
-
pensions
6 370
-
6 773
-
unemployment
58
-
62
-
income
7 086
-
7 635
-
total
16 168
-
17 293
-
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.

41 092
-
43 697
-
health
2 737
-
2 910
-
pensions
3 636
-
3 867
-
unemployment
25
-
26
-
total
6 398
-
6 803
-
Corporate
3 010
50 500
-
-
income
571
9 595
-
-
total
571
9 595
-
-
Dividends
2 438
40 905
-
-
withholding
365
6 135
-
-
total
365
6 135
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 502
15 730
24 096
22 513
After tax
26 998
34 770
26 404
27 987
Living cost
24 925
24 925
24 925
24 925
Free-cash
2 073
9 845
1 479
3 062

Estimated living cost  is ₽24925 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
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.
₽5740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7369
-₽11545
-₽95565
-₽4656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
5 757
income
-
-
-
9 843
total
-
-
-
15 600
Employee
60 608
-
-
-
social contributions
4 970
-
708
-
income
13 369
-
-
-
total
18 339
-
708
-
Employer
60 608
-
-
-
social contributions
85 457
-
12 179
-
total
85 457
-
12 179
-
Corporate
-
50 500
-
-
income
-
11 110
-
-
total
-
11 110
-
-
Dividends
-
39 390
-
-
income
-
8 666
-
-
total
-
8 666
-
-
Income
50 500
50 500
50 500
50 500
Total tax
103 796
19 776
12 887
15 600
After tax
-53 296
30 724
37 613
34 900
Living cost
42 269
42 269
42 269
42 269
Free-cash
-95 565
-11 545
-4 656
-7 369

Estimated living cost  is ₽42269 per week

₽27426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111
-₽423
-₽2389
-₽1117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
social contributions

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

-
-
-
17 548
income
-
-
-
3 693
surtax
-
-
-
-
total
-
-
-
21 241
Employee
42 739
-
40 808
-
surtax
-
-
-
-
social contributions
4 701
-
4 488
-
income
8 890
-
8 289
-
total
13 591
-
12 777
-
Employer
42 739
-
40 808
-
social contributions
10 150
-
9 692
-
total
10 150
-
9 692
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
10 605
-
-
total
-
10 605
-
-
Dividends
-
39 895
-
-
withholding
-
11 170
-
-
total
-
11 170
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 741
21 775
22 469
21 241
After tax
26 759
28 725
28 031
29 259
Living cost
29 148
29 148
29 148
29 148
Free-cash
-2 389
-423
-1 117
111

Estimated living cost  is ₽29148 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14554
-₽19428
-₽25880
-₽14040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
437
other
-
-
-
1 566
pensions
-
-
-
14 614
social contributions
-
-
-
1 439
income
-
-
-
2 116
surtax
-
-
-
-
total
-
-
-
20 172
Employee
58 202
-
38 480
-
pensions
6 583
-
4 352
-
surtax
-
-
-
-
social contributions
1 658
-
1 097
-
income
5 078
-
2 190
-
total
13 319
-
7 639
-
Employer
58 202
-
38 480
-
health
4 074
-
2 693
-
pensions
9 563
-
6 324
-
other
2 009
-
1 328
-
social contributions
175
-
115
-
unemployment
2 358
-
1 559
-
total
18 179
-
12 019
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
14 139
-
-
total
-
14 139
-
-
Dividends
-
36 361
-
-
social contributions
-
6 253
-
-
surtax
-
-
-
-
withholding
-
4 654
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
31 498
25 046
19 658
20 172
After tax
19 002
25 454
30 842
30 328
Living cost
44 882
44 882
44 882
44 882
Free-cash
-25 880
-19 428
-14 040
-14 554

Estimated living cost  is ₽44882 per week

₽30376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11457
₽17516
₽14395
₽12947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
-
social contributions
-
-
-
11 110
total
-
-
-
11 110
Employee
29 875
-
43 723
-
social contributions
1 942
-
2 843
-
income
-
-
-
-
total
1 942
-
2 843
-
Employer
29 875
-
43 723
-
social contributions
4 631
-
6 777
-
total
4 631
-
6 777
-
Corporate
15 994
50 500
-
-
income
1 599
5 051
-
-
total
1 599
5 051
-
-
Dividends
14 395
45 449
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 172
5 051
9 620
11 110
After tax
42 328
45 449
40 880
39 390
Living cost
27 933
27 933
27 933
27 933
Free-cash
14 395
17 516
12 947
11 457

Estimated living cost  is ₽27933 per week

₽18061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽11726
-₽151660
-₽151660
-₽151660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
municipal
-
-
-
8 049
labour market
-
-
-
3 976
national
-
-
-
4 711
pensions
-
-
-
804
total
-
-
-
17 540
Employee
188 608
188 608
188 608
-
pensions
268
268
268
-
labour market
15 067
15 067
15 067
-
national
23 042
23 042
23 042
-
municipal
40 163
40 163
40 163
-
total
78 540
78 540
78 540
-
Employer
188 608
188 608
188 608
-
municipal
40 227
40 227
40 227
-
labour market
15 089
15 089
15 089
-
national
23 082
23 082
23 082
-
pensions
536
536
536
-
total
78 934
78 934
78 934
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
157 474
157 474
157 474
17 540
After tax
-106 974
-106 974
-106 974
32 960
Living cost
44 686
44 686
44 686
44 686
Free-cash
-151 660
-151 660
-151 660
-11 726

Estimated living cost  is ₽44686 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14623
-₽16221
₽974
₽6356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
9 038
total
-
-
-
15 565
Employee
31 953
-
41 951
-
health
3 659
-
4 804
-
pensions
3 598
-
4 724
-
income
4 384
-
5 755
-
total
11 641
-
15 283
-
Employer
31 953
-
41 951
-
accident
534
-
700
-
pensions
5 195
-
6 821
-
unemployment
783
-
1 028
-
total
6 512
-
8 549
-
Corporate
12 035
50 500
-
-
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.

10 832
45 450
-
-
total
10 832
45 450
-
-
Dividends
1 203
5 050
-
-
withholding
229
959
-
-
total
229
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
29 214
46 409
23 832
15 565
After tax
21 286
4 091
26 668
34 935
Living cost
20 312
20 312
20 312
20 312
Free-cash
974
-16 221
6 356
14 623

Estimated living cost  is ₽20312 per week

₽14785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3868
-₽730
-₽7615
-₽4392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
50 500
health
-
-
-
390
municipal
-
-
-
9 020
national
-
-
-
1 545
total
-
-
-
10 955
Employee
48 891
-
42 483
-
health
365
-
266
-
pensions
3 299
-
2 867
-
unemployment
734
-
637
-
national
808
-
460
-
municipal
8 008
-
6 969
-
total
13 214
-
11 199
-
Employer
48 891
-
42 483
-
health
376
-
326
-
accident
49
-
42
-
pensions
8 482
-
7 371
-
unemployment
317
-
277
-
total
9 224
-
8 016
-
Corporate
-
50 500
-
-
income
-
10 099
-
-
total
-
10 099
-
-
Dividends

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

-
30 300
-
-
national
-
-
-
-
municipal
-
5 454
-
-
total
-
5 454
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 438
15 553
19 215
10 955
After tax
28 062
34 947
31 285
39 545
Living cost
35 677
35 677
35 677
35 677
Free-cash
-7 615
-730
-4 392
3 868

Estimated living cost  is ₽35677 per week

₽23304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18431
₽7970
₽10638
₽12364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
1 287
social contributions
-
-
-
7 877
income
-
-
-
1 390
total
-
-
-
10 554
Employee
71 456
71 456
71 456
-
health
554
1 215
779
-
social contributions
2 702
5 931
3 806
-
income
7 780
6 615
7 382
-
total
11 036
13 761
11 967
-
Employer
71 456
71 456
71 456
-
health
601
1 323
848
-
social contributions
2 702
5 931
3 806
-
total
3 303
7 254
4 654
-
Corporate
14 646
-
-
-
income
1 830
-
-
-
total
1 830
-
-
-
Dividends
12 816
-
-
-
withholding
2 178
-
-
-
total
2 178
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 347
21 015
16 621
10 554
After tax
32 153
29 485
33 879
39 946
Living cost
21 515
21 515
21 515
21 515
Free-cash
10 638
7 970
12 364
18 431

Estimated living cost  is ₽21515 per week

₽12894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22242
₽27067
₽22336
₽16544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 500
health
-
-
-
3 363
pensions
-
-
-
5 911
unemployment
-
-
-
26
income
-
-
-
4 204
total
-
-
-
13 504
Employee

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

21 330
-
45 785
-
health
1 813
-
3 892
-
pensions
3 199
-
6 867
-
unemployment
106
-
229
-
income
1 458
-
3 499
-
total
6 576
-
14 487
-
Employer

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

21 330
-
45 785
-
health
917
-
1 968
-
pensions
1 173
-
2 518
-
unemployment
106
-
229
-
total
2 196
-
4 715
-
Corporate
26 975
50 500
-
-
income
2 428
4 544
-
-
total
2 428
4 544
-
-
Dividends
24 546
45 956
-
-
withholding
2 210
4 135
-
-
total
2 210
4 135
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 410
8 679
19 202
13 504
After tax
37 090
41 821
31 298
36 996
Living cost
14 754
14 754
14 754
14 754
Free-cash
22 336
27 067
16 544
22 242

Estimated living cost  is ₽14754 per week

₽9413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
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.
₽3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2410
₽8567
₽3570
₽2784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
other
-
-
-
51
pensions
-
-
-
14 291
unemployment
-
-
-
353
income
-
-
-
7 386
total
-
-
-
22 536
Employee
34 361
-
38 293
-
pensions
1 615
-
1 800
-
unemployment
533
-
594
-
other
34
-
39
-
income
6 624
-
7 522
-
total
8 806
-
9 955
-
Employer
34 361
-
38 293
-
accident
681
-
758
-
pensions
8 108
-
9 038
-
other
275
-
305
-
unemployment
1 890
-
2 106
-
total
10 954
-
12 207
-
Corporate
5 185
50 500
-
-
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.

778
7 576
-
-
total
778
7 576
-
-
Dividends
4 407
42 924
-
-
withholding
838
8 803
-
-
total
838
8 803
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 376
16 379
22 162
22 536
After tax
29 124
34 121
28 338
27 964
Living cost
25 554
25 554
25 554
25 554
Free-cash
3 570
8 567
2 784
2 410

Estimated living cost  is ₽25554 per week

₽17248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30065
₽29773
₽29489
₽29941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
920
pensions
-
-
-
1 268
income
-
-
-
16 508
total
-
-
-
18 696
Employee
2 648
-
49 073
-
health
132
-
317
-
pensions
238
-
571
-
unemployment
26
-
63
-
income
512
-
16 442
-
total
908
-
17 393
-
Employer
2 648
-
49 073
-
health
252
-
602
-
pensions
291
-
698
-
unemployment
53
-
127
-
total
596
-
1 427
-
Corporate
47 256
50 500
-
-
income
10 396
11 110
-
-
total
10 396
11 110
-
-
Dividends
36 859
39 390
-
-
withholding
7 372
7 878
-
-
total
7 372
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 272
18 988
18 820
18 696
After tax
31 228
31 512
31 680
31 804
Living cost
1 739
1 739
1 739
1 739
Free-cash
29 489
29 773
29 941
30 065

Estimated living cost  is ₽1739 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9032
₽20451
₽15890
₽11206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
health
-
-
-
5 202
pensions
-
-
-
13 130
unemployment
-
-
-
757
income
-
-
-
6 344
total
-
-
-
25 433
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.

24 180
-
42 833
-
health
1 245
-
2 206
-
pensions
3 385
-
5 997
-
unemployment
181
-
321
-
income
3 333
-
7 068
-
total
8 144
-
15 592
-
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.

24 180
-
42 833
-
health
1 245
-
2 206
-
pensions
2 902
-
5 140
-
unemployment
181
-
321
-
total
4 328
-
7 667
-
Corporate
21 992
50 500
-
-
income
3 299
7 575
-
-
total
3 299
7 575
-
-
Dividends
18 693
42 925
-
-
withholding
2 804
6 439
-
-
total
2 804
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 575
14 014
23 259
25 433
After tax
31 925
36 486
27 241
25 067
Living cost
16 035
16 035
16 035
16 035
Free-cash
15 890
20 451
11 206
9 032

Estimated living cost  is ₽16035 per week

₽10796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4207
₽3673
₽3337
₽2979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
social contributions

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

-
-
-
17 548
income
-
-
-
3 693
surtax
-
-
-
-
total
-
-
-
21 241
Employee
36 067
-
40 808
-
surtax
-
-
-
-
social contributions
3 968
-
4 488
-
income
7 047
-
8 289
-
total
11 015
-
12 777
-
Employer
36 067
-
40 808
-
social contributions
8 565
-
9 692
-
total
8 565
-
9 692
-
Corporate
5 868
50 500
-
-
surtax
-
-
-
-
income
1 233
10 605
-
-
total
1 233
10 605
-
-
Dividends
4 635
39 895
-
-
withholding
1 298
11 170
-
-
total
1 298
11 170
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 111
21 775
22 469
21 241
After tax
28 389
28 725
28 031
29 259
Living cost
25 052
25 052
25 052
25 052
Free-cash
3 337
3 673
2 979
4 207

Estimated living cost  is ₽25052 per week

₽17744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4695
₽1462
-₽8690
-₽4321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
other
-
-
-
51
pensions
-
-
-
14 291
unemployment
-
-
-
353
income
-
-
-
7 386
total
-
-
-
22 536
Employee
44 879
-
38 293
-
pensions
2 109
-
1 800
-
unemployment
695
-
594
-
other
44
-
39
-
income
9 374
-
7 522
-
total
12 222
-
9 955
-
Employer
44 879
-
38 293
-
accident
889
-
758
-
pensions
10 591
-
9 038
-
other
360
-
305
-
unemployment
2 469
-
2 106
-
total
14 309
-
12 207
-
Corporate
-
50 500
-
-
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.

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 803
-
-
total
-
8 803
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 531
16 379
22 162
22 536
After tax
23 969
34 121
28 338
27 964
Living cost
32 659
32 659
32 659
32 659
Free-cash
-8 690
1 462
-4 321
-4 695

Estimated living cost  is ₽32659 per week

₽23454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17507
₽26695
₽20856
₽18213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
7 575
total
-
-
-
16 511
Employee
21 824
-
43 934
-
health
1 004
-
1 539
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
4 393
-
total
5 343
-
9 239
-
Employer
21 824
-
43 934
-
health
1 506
-
2 309
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 405
-
3 688
-
unemployment
131
-
201
-
total
4 282
-
6 566
-
Corporate
24 394
50 500
-
-
income
2 439
5 050
-
-
total
2 439
5 050
-
-
Dividends
21 955
45 450
-
-
withholding
1 098
2 273
-
-
total
1 098
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 162
7 323
15 805
16 511
After tax
37 338
43 177
34 695
33 989
Living cost
16 482
16 482
16 482
16 482
Free-cash
20 856
26 695
18 213
17 507

Estimated living cost  is ₽16482 per week

₽10901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1952
-₽9700
₽2455
₽2999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
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.

-
-
-
6 348
trade
-
-
-
1 047
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.

-
-
-
275
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.

-
-
-
5 001
total
-
-
-
12 671
Employee

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

46 237
-
50 500
-
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.

6 348
-
6 348
-
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.

210
-
275
-
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.

3 802
-
5 001
-
total
10 360
-
11 624
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 263
50 500
-
-
trade
612
7 246
-
-
chamber of commerce
148
215
-
-
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.

35
416
-
-
income
640
7 576
-
-
total
1 435
15 453
-
-
Dividends
2 828
35 047
-
-
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.

19
462
-
-
withholding
354
8 408
-
-
total
373
8 870
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 168
24 323
11 624
12 671
After tax
38 332
26 177
38 876
37 829
Living cost
35 877
35 877
35 877
35 877
Free-cash
2 455
-9 700
2 999
1 952

Estimated living cost  is ₽35877 per week

₽24748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13222
-₽17585
-₽22190
-₽13222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 190
social contributions
-
-
-
3 597
total
-
-
-
10 787
Employee
72 689
-
50 500
-
social contributions
6 039
-
3 597
-
income
13 716
-
7 190
-
total
19 755
-
10 787
-
Employer
72 689
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 313
-
-
total
-
6 313
-
-
Dividends
-
44 187
-
-
withholding
-
8 837
-
-
total
-
8 837
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 755
15 150
10 787
10 787
After tax
30 745
35 350
39 713
39 713
Living cost
52 935
52 935
52 935
52 935
Free-cash
-22 190
-17 585
-13 222
-13 222

Estimated living cost  is ₽52935 per week

₽40272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15448
-₽5817
-₽434
₽2694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
income
-
-
-
26 452
health

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

-
-
-
5 763
total
-
-
-
32 215
Employee
42 629
-
46 225
-
social contributions
4 271
-
4 275
-
income
4 626
-
5 523
-
total
8 897
-
9 798
-
Employer
42 629
-
46 225
-
social contributions
4 271
-
4 275
-
total
4 271
-
4 275
-
Corporate
3 600
50 500
-
-
income
1 259
17 675
-
-
total
1 259
17 675
-
-
Dividends
2 340
32 825
-
-
social contributions
2 774
4 909
-
-
total
2 774
4 909
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 201
22 584
14 073
32 215
After tax
33 299
27 916
36 427
18 285
Living cost
33 733
33 733
33 733
33 733
Free-cash
-434
-5 817
2 694
-15 448

Estimated living cost  is ₽33733 per week

₽22220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3534
₽3368
-₽2492
-₽1481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
pensions
-
-
-
2 996
income
-
-
-
9 501
total
-
-
-
12 497
Employee
47 313
-
45 160
-
health
617
-
572
-
pensions
3 611
-
3 354
-
income
8 616
-
8 246
-
total
12 844
-
12 172
-
Employer
47 313
-
45 160
-
health
899
-
858
-
pensions
4 780
-
4 482
-
total
5 679
-
5 340
-
Corporate
-
50 500
-
-
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.

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 523
12 663
17 512
12 497
After tax
31 977
37 837
32 988
38 003
Living cost
34 469
34 469
34 469
34 469
Free-cash
-2 492
3 368
-1 481
3 534

Estimated living cost  is ₽34469 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12612
-₽18232
₽665
₽4345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
9 038
total
-
-
-
15 565
Employee
35 116
-
41 951
-
health
4 021
-
4 804
-
pensions
3 954
-
4 724
-
income
4 818
-
5 755
-
total
12 793
-
15 283
-
Employer
35 116
-
41 951
-
accident
586
-
700
-
pensions
5 710
-
6 821
-
unemployment
860
-
1 028
-
total
7 156
-
8 549
-
Corporate
8 228
50 500
-
-
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.

7 406
45 450
-
-
total
7 406
45 450
-
-
Dividends
823
5 050
-
-
withholding
157
959
-
-
total
157
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 512
46 409
23 832
15 565
After tax
22 988
4 091
26 668
34 935
Living cost
22 323
22 323
22 323
22 323
Free-cash
665
-18 232
4 345
12 612

Estimated living cost  is ₽22323 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Skopje , Macedonia
₽17455
₽30385
₽25871
₽17455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 500
health insurance
-
-
-
3 737
work injury
-
-
-
253
pensions
-
-
-
9 292
unemployment
-
-
-
606
income
-
-
-
6 617
total
-
-
-
20 505
Employee

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

20 063
-
50 500
-
pensions
3 692
-
9 292
-
work injury
100
-
253
-
unemployment
241
-
606
-
health insurance
1 485
-
3 737
-
income
2 006
-
6 617
-
total
7 524
-
20 505
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 437
50 500
-
-
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
30 437
50 500
-
-
withholding
4 565
7 575
-
-
total
4 565
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 089
7 575
20 505
20 505
After tax
38 411
42 925
29 995
29 995
Living cost
12 540
12 540
12 540
12 540
Free-cash
25 871
30 385
17 455
17 455

Estimated living cost  is ₽12540 per week

₽7768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Rome , Italy
-₽9673
-₽10420
-₽27806
-₽12480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
759
municipal
-
-
-
337
social contributions
-
-
-
12 988
national
-
-
-
9 069
total
-
-
-
23 153
Employee
78 306
-
50 500
-
regional
1 182
-
650
-
national
13 233
-
7 980
-
social contributions
26 404
-
17 028
-
municipal
467
-
302
-
total
41 286
-
25 960
-
Employer
78 306
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 434
-
-
total
-
14 554
-
-
Dividends
-
35 946
-
-
withholding
-
9 346
-
-
total
-
9 346
-
-
Income
50 500
50 500
50 500
50 500
Total tax
41 286
23 900
25 960
23 153
After tax
9 214
26 600
24 540
27 347
Living cost
37 020
37 020
37 020
37 020
Free-cash
-27 806
-10 420
-12 480
-9 673

Estimated living cost  is ₽37020 per week

₽26004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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 Rome model

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