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
₽8370
₽7868
-₽5140
₽6112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 129
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.

-
-
-
6 952
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.

-
-
-
228
trade
-
-
-
502
total
-
-
-
11 811
Employee

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

38 920
-
50 500
-
income

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

1 087
-
4 129
-
surtax

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

60
-
228
-
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.

6 952
-
6 952
-
total
8 099
-
11 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 580
50 500
-
-
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.

97
417
-
-
income
1 738
7 575
-
-
chamber of commerce
172
228
-
-
trade
1 825
7 954
-
-
total
3 832
16 174
-
-
Dividends
7 749
34 326
-
-
withholding
1 551
8 195
-
-
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.

85
450
-
-
total
1 636
8 645
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 567
24 819
11 309
11 811
After tax
36 933
25 681
39 191
38 689
Living cost
30 821
30 821
30 821
30 821
Free-cash
6 112
-5 140
8 370
7 868

Estimated living cost  is ₽30821 per week

₽19387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22237
-₽22633
-₽23450
-₽42433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
543
national
-
-
-
7 031
pensions
-
-
-
6 060
municipal
-
-
-
4 537
total
-
-
-
18 171
Employee
85 201
-
43 657
-
municipal
10 524
-
4 733
-
national
16 307
-
7 334
-
pensions
3 408
-
1 746
-
total
30 239
-
13 813
-
Employer
85 201
-
43 657
-
pensions
6 816
-
3 493
-
social contributions
916
-
469
-
total
7 732
-
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
37 971
18 988
17 775
18 171
After tax
12 529
31 512
32 725
32 329
Living cost
54 962
54 962
54 962
54 962
Free-cash
-42 433
-23 450
-22 237
-22 633

Estimated living cost  is ₽54962 per week

₽37357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽823
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7807
₽18551
₽19231
₽10883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 204
income
-
-
-
-
microenterprise
-
-
-
7 575
surtax
-
-
-
-
total
-
-
-
10 779
Employee
29 734
-
40 696
-
social contributions

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

3 271
-
4 476
-
income
5 293
-
7 243
-
surtax
-
-
-
-
total
8 564
-
11 719
-
Employer
29 734
-
40 696
-
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.

7 162
-
9 804
-
total
7 162
-
9 804
-
Corporate
13 604
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%.

2 721
10 099
-
-
total
2 721
10 099
-
-
Dividends

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

10 883
40 401
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 447
10 099
21 523
10 779
After tax
32 053
40 401
28 977
39 721
Living cost
21 170
21 170
21 170
21 170
Free-cash
10 883
19 231
7 807
18 551

Estimated living cost  is ₽21170 per week

₽13506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50545
-₽13676
-₽44833
-₽50545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 707
health
-
-
-
7 753
pensions
-
-
-
9 089
total
-
-
-
21 549
Employee
86 896
86 896
86 896
-
income

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

14 223
14 223
14 223
-
health
13 338
11 345
13 338
-
pensions
15 641
11 922
15 641
-
total
43 202
37 490
43 202
-
Employer
86 896
86 896
86 896
-
unemployment
3 128
3 128
3 128
-
pensions
6 048
6 048
6 048
-
health
6 040
6 040
6 040
-
total
15 216
15 216
15 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
58 418
52 706
58 418
21 549
After tax
-7 918
-2 206
-7 918
28 951
Living cost
42 627
42 627
42 627
42 627
Free-cash
-50 545
-44 833
-50 545
-13 676

Estimated living cost  is ₽42627 per week

₽30209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽678
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14056
-₽15850
-₽13451
-₽26323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
101
national
-
-
-
-
health
-
-
-
3 151
unemployment
-
-
-
51
other
-
-
-
5 868
pensions
-
-
-
5 459
municipal
-
-
-
10 696
total
-
-
-
25 326
Employee
58 456
-
38 426
-
municipal
17 432
-
11 459
-
national
-
-
-
-
total
17 432
-
11 459
-
Employer
58 456
-
38 426
-
other
6 793
-
4 465
-
unemployment
1 543
-
1 014
-
pensions
6 319
-
4 154
-
health
3 595
-
2 363
-
accident
117
-
77
-
total
18 367
-
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
35 799
22 927
23 532
25 326
After tax
14 701
27 573
26 968
25 174
Living cost
41 024
41 024
41 024
41 024
Free-cash
-26 323
-13 451
-14 056
-15 850

Estimated living cost  is ₽41024 per week

₽27189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽783
-₽1308
-₽14551
-₽1103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 129
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.

-
-
-
6 952
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.

-
-
-
228
trade
-
-
-
525
total
-
-
-
11 834
Employee

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

51 603
-
50 500
-
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.

4 434
-
4 129
-
surtax

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

243
-
228
-
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.

6 952
-
6 952
-
total
11 629
-
11 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
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.

-
417
-
-
income
-
7 575
-
-
chamber of commerce
-
226
-
-
trade
-
8 307
-
-
total
-
16 525
-
-
Dividends
-
33 974
-
-
withholding
-
8 106
-
-
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.

-
446
-
-
total
-
8 552
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 629
25 077
11 309
11 834
After tax
38 871
25 423
39 191
38 666
Living cost
39 974
39 974
39 974
39 974
Free-cash
-1 103
-14 551
-783
-1 308

Estimated living cost  is ₽39974 per week

₽26735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽40
₽7592
-₽5514
₽35
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 879
income
-
-
-
736
health
-
-
-
1 288
total
-
-
-
9 903
Employee
78 246
78 246
78 246
-
social contributions
3 802
6 494
3 806
-
income
8 216
7 243
8 215
-
health
778
1 330
780
-
total
12 796
15 067
12 801
-
Employer
78 246
78 246
78 246
-
health
848
1 448
848
-
social contributions
3 802
6 494
3 806
-
total
4 650
7 942
4 654
-
Corporate
49
-
-
-
income
6
-
-
-
total
6
-
-
-
Dividends
43
-
-
-
withholding
8
-
-
-
total
8
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 460
23 009
17 455
9 903
After tax
33 040
27 491
33 045
40 597
Living cost
33 005
33 005
33 005
33 005
Free-cash
35
-5 514
40
7 592

Estimated living cost  is ₽33005 per week

₽22562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
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.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9293
₽15002
₽8687
₽9102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 174
health
-
-
-
3 535
unemployment
-
-
-
757
pensions
-
-
-
5 050
total
-
-
-
15 516
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.

28 844
11 479
42 259
-
income
3 526
1 403
5 166
-
health
2 019
804
2 958
-
pensions
2 884
1 148
4 226
-
unemployment
433
172
634
-
total
8 862
3 527
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.

28 844
11 479
42 259
-
pensions
5 625
2 238
8 241
-
total
5 625
2 238
8 241
-
Corporate
16 032
36 782
-
-
income
1 443
3 310
-
-
total
1 443
3 310
-
-
Dividends
14 589
33 472
-
-
withholding
2 772
6 360
-
-
social contributions
2 714
6 396
-
-
total
5 486
12 756
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 416
21 831
21 225
15 516
After tax
29 084
28 669
29 275
34 984
Living cost
19 982
19 982
19 982
19 982
Free-cash
9 102
8 687
9 293
15 002

Estimated living cost  is ₽19982 per week

₽13636
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.
₽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.
₽4312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5894
₽4139
₽15823
₽9500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 119
health
-
-
-
6 565
pensions
-
-
-
10 099
total
-
-
-
21 783
Employee
28 867
-
37 744
-
income
3 250
-
5 913
-
pensions
577
-
755
-
unemployment
462
-
604
-
total
4 289
-
7 272
-
Employer
28 867
-
37 744
-
unemployment
232
-
301
-
pensions
5 774
-
7 548
-
health
3 752
-
4 907
-
total
9 758
-
12 756
-
Corporate
11 876
50 500
-
-
income
2 375
10 099
-
-
total
2 375
10 099
-
-
Dividends
9 501
40 401
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
16 422
10 099
20 028
21 783
After tax
34 078
40 401
30 472
28 717
Living cost
24 578
24 578
24 578
24 578
Free-cash
9 500
15 823
5 894
4 139

Estimated living cost  is ₽24578 per week

₽16858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4312
₽12628
-₽18267
₽660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
8 437
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
15 515
Employee
35 168
-
41 951
-
income
4 825
-
5 755
-
health
4 027
-
4 803
-
pensions
3 960
-
4 724
-
total
12 812
-
15 282
-
Employer
35 168
-
41 951
-
unemployment
862
-
1 028
-
pensions
5 719
-
6 821
-
accident
587
-
700
-
total
7 168
-
8 549
-
Corporate
8 165
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.

7 348
45 450
-
-
total
7 348
45 450
-
-
Dividends
817
5 050
-
-
withholding
155
960
-
-
total
155
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 483
46 410
23 831
15 515
After tax
23 017
4 090
26 669
34 985
Living cost
22 357
22 357
22 357
22 357
Free-cash
660
-18 267
4 312
12 628

Estimated living cost  is ₽22357 per week

₽16385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31716
₽41311
₽39291
₽37663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 854
-
50 500
-
income
2 171
-
10 100
-
total
2 171
-
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%.

39 646
50 500
-
-
total
-
-
-
-
Dividends
39 646
50 500
-
-
withholding
1 982
2 525
-
-
total
1 982
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 153
2 525
10 100
505
After tax
46 347
47 975
40 400
49 995
Living cost
8 684
8 684
8 684
8 684
Free-cash
37 663
39 291
31 716
41 311

Estimated living cost  is ₽8684 per week

₽5382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2486
₽231
₽9989
₽3114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 415
health
-
-
-
2 223
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.

-
-
-
12 119
total
-
-
-
23 155
Employee
36 947
-
40 337
-
income
6 361
-
6 944
-
health
518
-
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.

2 586
-
2 825
-
unemployment
369
-
404
-
total
9 834
-
10 737
-
Employer
36 947
-
40 337
-
other
1 848
-
2 016
-
unemployment
369
-
404
-
pensions

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

6 282
-
6 857
-
health
518
-
564
-
accident
295
-
322
-
total
9 312
-
10 163
-
Corporate
4 242
50 500
-
-
income
890
10 605
-
-
total
890
10 605
-
-
Dividends
3 352
39 895
-
-
withholding
236
2 792
-
-
total
236
2 792
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 272
13 397
20 900
23 155
After tax
30 228
37 103
29 600
27 345
Living cost
27 114
27 114
27 114
27 114
Free-cash
3 114
9 989
2 486
231

Estimated living cost  is ₽27114 per week

₽19158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35050
-₽30210
-₽30502
-₽59441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 533
pensions
-
-
-
2 838
total
-
-
-
12 371
Employee
96 690
-
45 313
-
income
17 429
-
8 322
-
health
1 593
-
540
-
pensions
9 328
-
3 162
-
total
28 350
-
12 024
-
Employer
96 690
-
45 313
-
pensions
11 416
-
4 325
-
health
1 836
-
862
-
total
13 252
-
5 187
-
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.

-
9 596
-
-
total
-
9 596
-
-
Dividends
-
40 904
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
41 602
12 663
17 211
12 371
After tax
8 898
37 837
33 289
38 129
Living cost
68 339
68 339
68 339
68 339
Free-cash
-59 441
-30 502
-35 050
-30 210

Estimated living cost  is ₽68339 per week

₽51208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20867
₽20260
₽29933
₽25241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 575
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
16 996
Employee
17 536
-
43 578
-
income
1 753
-
4 357
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
health
807
-
1 623
-
pensions

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

1 540
-
3 098
-
total
4 293
-
9 466
-
Employer
17 536
-
43 578
-
unemployment
105
-
212
-
pensions

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

1 933
-
3 888
-
health
1 210
-
2 435
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
total
3 441
-
6 923
-
Corporate
29 523
50 500
-
-
income
2 952
5 050
-
-
total
2 952
5 050
-
-
Dividends
26 571
45 450
-
-
withholding
1 329
2 273
-
-
total
1 329
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 015
7 323
16 389
16 996
After tax
38 485
43 177
34 111
33 504
Living cost
13 244
13 244
13 244
13 244
Free-cash
25 241
29 933
20 867
20 260

Estimated living cost  is ₽13244 per week

₽7732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽64343
-₽27474
-₽58631
-₽60358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 707
health
-
-
-
7 753
pensions
-
-
-
9 089
total
-
-
-
21 549
Employee
94 341
86 896
86 896
-
income

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

14 223
14 223
14 223
-
health
11 770
11 345
13 338
-
pensions
11 922
11 922
15 641
-
total
37 915
37 490
43 202
-
Employer
94 341
86 896
86 896
-
unemployment
3 397
3 128
3 128
-
pensions
6 565
6 048
6 048
-
health
6 556
6 040
6 040
-
total
16 518
15 216
15 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
54 433
52 706
58 418
21 549
After tax
-3 933
-2 206
-7 918
28 951
Living cost
56 425
56 425
56 425
56 425
Free-cash
-60 358
-58 631
-64 343
-27 474

Estimated living cost  is ₽56425 per week

₽41623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽209
-₽821
₽9352
₽285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 746
income
-
-
-
4 340
health
-
-
-
6 818
solidarity contribution
-
-
-
-
total
-
-
-
25 904
Employee
37 378
-
37 687
-
social contributions
2 430
-
2 450
-
income
4 485
-
4 522
-
health
5 046
-
5 088
-
solidarity contribution
-
-
-
-
total
11 961
-
12 060
-
Employer
37 378
-
37 687
-
health
3 364
-
3 392
-
social contributions
9 344
-
9 422
-
total
12 708
-
12 814
-
Corporate
414
50 500
-
-
income
79
9 595
-
-
total
79
9 595
-
-
Dividends
335
40 905
-
-
withholding
50
6 136
-
-
total
50
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 798
15 731
24 874
25 904
After tax
25 702
34 769
25 626
24 596
Living cost
25 417
25 417
25 417
25 417
Free-cash
285
9 352
209
-821

Estimated living cost  is ₽25417 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18040
-₽15185
-₽15994
-₽39934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 988
national
-
-
-
8 970
regional
-
-
-
491
municipal
-
-
-
299
total
-
-
-
22 748
Employee
90 435
-
50 500
-
social contributions
30 495
-
17 028
-
municipal
479
-
268
-
regional
853
-
428
-
national
15 670
-
7 879
-
total
47 497
-
25 603
-
Employer
90 435
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 119
-
-
municipal
-
1 970
-
-
total
-
14 089
-
-
Dividends
-
36 411
-
-
withholding
-
9 468
-
-
total
-
9 468
-
-
Income
50 500
50 500
50 500
50 500
Total tax
47 497
23 557
25 603
22 748
After tax
3 003
26 943
24 897
27 752
Living cost
42 937
42 937
42 937
42 937
Free-cash
-39 934
-15 994
-18 040
-15 185

Estimated living cost  is ₽42937 per week

₽29931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5262
₽6517
₽9309
₽6146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 317
health
-
-
-
3 586
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
10 099
surtax
-
-
-
295
total
-
-
-
21 529
Employee
33 650
-
41 718
-
income
5 640
-
6 994
-
surtax
110
-
259
-
health
859
-
1 062
-
pensions
2 244
-
2 783
-
unemployment
2 342
-
2 904
-
other
-
-
-
-
total
11 195
-
14 002
-
Employer
33 650
-
41 718
-
other
-
-
-
-
unemployment
1 066
-
1 323
-
pensions
4 486
-
5 561
-
health
1 531
-
1 898
-
total
7 083
-
8 782
-
Corporate
9 767
50 500
-
-
income
2 539
13 131
-
-
total
2 539
13 131
-
-
Dividends
7 228
37 369
-
-
withholding
1 083
5 606
-
-
total
1 083
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 900
18 737
22 784
21 529
After tax
28 600
31 763
27 716
28 971
Living cost
22 454
22 454
22 454
22 454
Free-cash
6 146
9 309
5 262
6 517

Estimated living cost  is ₽22454 per week

₽13730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13399
-₽8559
-₽8851
-₽22546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 533
pensions
-
-
-
2 838
total
-
-
-
12 371
Employee
64 799
-
45 313
-
income
11 671
-
8 322
-
health
941
-
540
-
pensions
5 500
-
3 162
-
total
18 112
-
12 024
-
Employer
64 799
-
45 313
-
pensions
7 015
-
4 325
-
health
1 231
-
862
-
total
8 246
-
5 187
-
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.

-
9 596
-
-
total
-
9 596
-
-
Dividends
-
40 904
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 358
12 663
17 211
12 371
After tax
24 142
37 837
33 289
38 129
Living cost
46 688
46 688
46 688
46 688
Free-cash
-22 546
-8 851
-13 399
-8 559

Estimated living cost  is ₽46688 per week

₽34978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39739
-₽36849
-₽56749
-₽51834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
531
health
-
-
-
260
national
-
-
-
115
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
pensions
-
-
-
4 647
regional
-
-
-
945
total
-
-
-
7 509
Employee
93 434
-
45 025
-
regional
3 059
-
779
-
health
211
-
100
-
national
442
-
82
-
pensions
7 850
-
3 978
-
unemployment
-
-
-
-
city
1 003
-
482
-
total
12 565
-
5 421
-
Employer
93 434
-
45 025
-
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.

1 868
-
900
-
unemployment
-
-
-
-
pensions
7 850
-
3 978
-
health
211
-
100
-
total
9 929
-
4 978
-
Corporate
-
50 500
-
-
regional
-
10 682
-
-
national
-
4 292
-
-
total
-
14 974
-
-
Dividends
-
35 527
-
-
withholding
-
12 435
-
-
total
-
12 435
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 494
27 409
10 399
7 509
After tax
28 006
23 091
40 101
42 991
Living cost
79 840
79 840
79 840
79 840
Free-cash
-51 834
-56 749
-39 739
-36 849

Estimated living cost  is ₽79840 per week

₽51919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽980
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7424
-₽7970
-₽21454
-₽10654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 129
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.

-
-
-
6 952
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.

-
-
-
228
trade
-
-
-
546
total
-
-
-
11 855
Employee

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

61 154
-
50 500
-
income

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

7 191
-
4 129
-
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.

396
-
228
-
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.

6 952
-
6 952
-
total
14 539
-
11 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
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.

-
417
-
-
income
-
7 575
-
-
chamber of commerce
-
226
-
-
trade
-
8 661
-
-
total
-
16 879
-
-
Dividends
-
33 621
-
-
withholding
-
8 020
-
-
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.

-
440
-
-
total
-
8 460
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 539
25 339
11 309
11 855
After tax
35 961
25 161
39 191
38 645
Living cost
46 615
46 615
46 615
46 615
Free-cash
-10 654
-21 454
-7 424
-7 970

Estimated living cost  is ₽46615 per week

₽34046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3739
-₽4371
-₽9362
-₽6649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 439
income
-
-
-
1 863
health
-
-
-
436
other
-
-
-
1 566
pensions
-
-
-
14 753
surtax
-
-
-
-
total
-
-
-
20 057
Employee
43 550
-
38 479
-
social contributions
1 242
-
1 097
-
income
2 570
-
1 956
-
surtax
-
-
-
-
pensions
4 924
-
4 353
-
total
8 736
-
7 406
-
Employer
43 550
-
38 479
-
other
1 502
-
1 327
-
unemployment
1 763
-
1 558
-
pensions
7 154
-
6 324
-
health
3 049
-
2 694
-
social contributions
131
-
116
-
total
13 599
-
12 019
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
14 141
-
-
total
-
14 141
-
-
Dividends
-
36 359
-
-
withholding
-
4 654
-
-
surtax
-
-
-
-
social contributions
-
6 253
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 335
25 048
19 425
20 057
After tax
28 165
25 452
31 075
30 443
Living cost
34 814
34 814
34 814
34 814
Free-cash
-6 649
-9 362
-3 739
-4 371

Estimated living cost  is ₽34814 per week

₽21952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽290
-₽922
-₽5913
-₽515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 439
income
-
-
-
1 863
health
-
-
-
436
other
-
-
-
1 566
pensions
-
-
-
14 753
surtax
-
-
-
-
total
-
-
-
20 057
Employee
38 875
-
38 479
-
social contributions
1 108
-
1 097
-
income
2 004
-
1 956
-
surtax
-
-
-
-
pensions
4 397
-
4 353
-
total
7 509
-
7 406
-
Employer
38 875
-
38 479
-
other
1 342
-
1 327
-
unemployment
1 574
-
1 558
-
pensions
6 388
-
6 324
-
health
2 721
-
2 694
-
social contributions
116
-
116
-
total
12 141
-
12 019
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
14 141
-
-
total
-
14 141
-
-
Dividends
-
36 359
-
-
withholding
-
4 654
-
-
surtax
-
-
-
-
social contributions
-
6 253
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 650
25 048
19 425
20 057
After tax
30 850
25 452
31 075
30 443
Living cost
31 365
31 365
31 365
31 365
Free-cash
-515
-5 913
-290
-922

Estimated living cost  is ₽31365 per week

₽18190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8995
₽10855
₽9232
₽9762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 969
income
-
-
-
7 575
health
-
-
-
3 524
total
-
-
-
18 068
Employee
34 501
-
50 500
-
social contributions
4 762
-
6 969
-
income
5 754
-
9 435
-
health
2 408
-
3 524
-
total
12 924
-
19 928
-
Employer
34 501
-
50 500
-
total
-
-
-
-
Corporate
15 999
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%.

799
2 526
-
-
total
799
2 526
-
-
Dividends
15 199
47 974
-
-
health
1 060
3 348
-
-
withholding
2 281
7 197
-
-
social contributions
2 097
6 620
-
-
total
5 438
17 165
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 161
19 691
19 928
18 068
After tax
31 339
30 809
30 572
32 432
Living cost
21 577
21 577
21 577
21 577
Free-cash
9 762
9 232
8 995
10 855

Estimated living cost  is ₽21577 per week

₽14440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15781
-₽7658
-₽8529
-₽16155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 452
health
-
-
-
3 864
unemployment
-
-
-
6 241
pensions
-
-
-
9 342
surtax
-
-
-
201
chamber of commerce
-
-
-
203
total
-
-
-
22 303
Employee
50 853
40 551
40 551
-
income
5 789
2 991
3 063
-
health
1 968
1 570
1 508
-
pensions
5 208
4 152
3 989
-
unemployment
1 526
1 217
1 168
-
other
508
406
390
-
total
14 999
10 336
10 118
-
Employer
50 853
40 551
40 551
-
other
2 416
1 925
1 914
-
surtax
201
201
201
-
unemployment
1 526
1 217
1 168
-
pensions
6 382
5 090
4 891
-
payroll
1 526
1 217
1 217
-
health
1 921
1 533
1 473
-
accident
660
527
506
-
chamber of commerce
203
162
162
-
total
14 835
11 872
11 532
-
Corporate
3 862
3 862
35 106
-
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.

966
966
8 776
-
total
966
966
8 776
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
30 800
23 174
30 426
22 303
After tax
19 700
27 326
20 074
28 197
Living cost
35 855
35 855
35 855
35 855
Free-cash
-16 155
-8 529
-15 781
-7 658

Estimated living cost  is ₽35855 per week

₽23914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14898
-₽8763
-₽8592
-₽43475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 109
national
-
-
-
14 329
communal

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

-
-
-
2 723
total
-
-
-
22 161
Employee

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

72 787
-
39 109
-
communal

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

3 796
-
2 039
-
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.

3 420
-
1 838
-
national
22 378
-
9 760
-
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.

5 459
-
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.

633
-
340
-
total
35 686
-
16 910
-
Employer

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

72 787
-
39 109
-
surtax
8 253
-
4 434
-
unemployment

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

1 062
-
572
-
pensions

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

6 450
-
3 464
-
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.

4 476
-
2 406
-
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.

946
-
510
-
total
21 187
-
11 386
-
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.

-
11 688
-
-
total
-
11 688
-
-
Income
50 500
50 500
50 500
50 500
Total tax
56 873
21 990
28 296
22 161
After tax
-6 373
28 510
22 204
28 339
Living cost
37 102
37 102
37 102
37 102
Free-cash
-43 475
-8 592
-14 898
-8 763

Estimated living cost  is ₽37102 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8294
-₽8679
-₽2605
-₽16297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
454
income
-
-
-
7 283
unemployment
-
-
-
353
other
-
-
-
50
pensions
-
-
-
14 291
total
-
-
-
22 431
Employee
50 652
-
38 290
-
income
10 687
-
7 404
-
pensions
2 381
-
1 800
-
unemployment
786
-
593
-
other
50
-
39
-
total
13 904
-
9 836
-
Employer
50 652
-
38 290
-
other
404
-
307
-
unemployment
2 786
-
2 107
-
pensions
11 953
-
9 037
-
accident
1 002
-
759
-
total
16 145
-
12 210
-
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.

-
7 575
-
-
total
-
7 575
-
-
Dividends
-
42 925
-
-
withholding
-
8 782
-
-
total
-
8 782
-
-
Income
50 500
50 500
50 500
50 500
Total tax
30 049
16 357
22 046
22 431
After tax
20 451
34 143
28 454
28 069
Living cost
36 748
36 748
36 748
36 748
Free-cash
-16 297
-2 605
-8 294
-8 679

Estimated living cost  is ₽36748 per week

₽27061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20992
-₽21402
-₽23524
-₽35764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
454
income
-
-
-
1 609
health
-
-
-
3 789
communal
-
-
-
-
pensions
-
-
-
8 079
surtax
-
-
-
2 673
total
-
-
-
16 604
Employee
77 059
-
44 713
-
income
7 443
-
1 671
-
surtax
4 723
-
2 707
-
health
3 429
-
2 155
-
pensions
6 164
-
3 874
-
total
21 759
-
10 407
-
Employer
77 059
-
44 713
-
pensions
6 164
-
3 874
-
health
2 350
-
1 477
-
accident
693
-
436
-
total
9 207
-
5 787
-
Corporate
-
50 500
-
-
surtax
-
531
-
-
income
-
7 575
-
-
communal
-
3 408
-
-
total
-
11 514
-
-
Dividends
-
38 985
-
-
withholding
-
5 847
-
-
income
-
1 365
-
-
total
-
7 212
-
-
Income
50 500
50 500
50 500
50 500
Total tax
30 966
18 726
16 194
16 604
After tax
19 534
31 774
34 306
33 896
Living cost
55 298
55 298
55 298
55 298
Free-cash
-35 764
-23 524
-20 992
-21 402

Estimated living cost  is ₽55298 per week

₽41482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4860
₽6115
₽8907
₽5673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 317
health
-
-
-
3 586
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
10 099
surtax
-
-
-
295
total
-
-
-
21 529
Employee
34 268
-
41 718
-
income
5 745
-
6 994
-
surtax
122
-
259
-
health
875
-
1 062
-
pensions
2 286
-
2 783
-
unemployment
2 385
-
2 904
-
other
-
-
-
-
total
11 413
-
14 002
-
Employer
34 268
-
41 718
-
other
-
-
-
-
unemployment
1 087
-
1 323
-
pensions
4 569
-
5 561
-
health
1 558
-
1 898
-
total
7 214
-
8 782
-
Corporate
9 018
50 500
-
-
income
2 344
13 131
-
-
total
2 344
13 131
-
-
Dividends
6 674
37 369
-
-
withholding
1 000
5 606
-
-
total
1 000
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 971
18 737
22 784
21 529
After tax
28 529
31 763
27 716
28 971
Living cost
22 856
22 856
22 856
22 856
Free-cash
5 673
8 907
4 860
6 115

Estimated living cost  is ₽22856 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽2765
₽70
-₽867
-₽5947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 988
national
-
-
-
8 970
regional
-
-
-
762
municipal
-
-
-
299
total
-
-
-
23 019
Employee
56 446
-
50 500
-
social contributions
19 034
-
17 028
-
municipal
299
-
268
-
regional
760
-
679
-
national
8 943
-
7 879
-
total
29 036
-
25 854
-
Employer
56 446
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 119
-
-
municipal
-
2 510
-
-
total
-
14 629
-
-
Dividends
-
35 871
-
-
withholding
-
9 327
-
-
total
-
9 327
-
-
Income
50 500
50 500
50 500
50 500
Total tax
29 036
23 956
25 854
23 019
After tax
21 464
26 544
24 646
27 481
Living cost
27 411
27 411
27 411
27 411
Free-cash
-5 947
-867
-2 765
70

Estimated living cost  is ₽27411 per week

₽17047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5694
-₽6724
₽3449
-₽11219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 746
income
-
-
-
4 340
health
-
-
-
6 818
solidarity contribution
-
-
-
-
total
-
-
-
25 904
Employee
46 059
-
37 687
-
social contributions
2 994
-
2 450
-
income
5 527
-
4 522
-
health
6 218
-
5 088
-
solidarity contribution
-
-
-
-
total
14 739
-
12 060
-
Employer
46 059
-
37 687
-
health
4 145
-
3 392
-
social contributions
11 515
-
9 422
-
total
15 660
-
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
30 399
15 731
24 874
25 904
After tax
20 101
34 769
25 626
24 596
Living cost
31 320
31 320
31 320
31 320
Free-cash
-11 219
3 449
-5 694
-6 724

Estimated living cost  is ₽31320 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12290
-₽4066
-₽4937
-₽7747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 452
health
-
-
-
3 864
unemployment
-
-
-
6 241
pensions
-
-
-
9 342
surtax
-
-
-
-
chamber of commerce
-
-
-
203
total
-
-
-
22 102
Employee
44 481
40 551
40 551
-
income
3 962
2 991
3 055
-
health
1 721
1 570
1 514
-
pensions
4 555
4 152
4 007
-
unemployment
1 334
1 217
1 174
-
other
444
406
392
-
total
12 016
10 336
10 142
-
Employer
44 481
40 551
40 551
-
other
2 113
1 925
1 914
-
surtax
-
-
-
-
unemployment
1 334
1 217
1 174
-
pensions
5 583
5 090
4 911
-
payroll
1 334
1 217
1 217
-
health
1 682
1 533
1 479
-
accident
577
527
508
-
chamber of commerce
178
162
162
-
total
12 801
11 671
11 365
-
Corporate
3 862
3 862
35 274
-
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.

966
966
8 819
-
total
966
966
8 819
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
25 783
22 973
30 326
22 102
After tax
24 717
27 527
20 174
28 398
Living cost
32 464
32 464
32 464
32 464
Free-cash
-7 747
-4 937
-12 290
-4 066

Estimated living cost  is ₽32464 per week

₽19474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26868
₽36463
₽34443
₽31906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 915
-
50 500
-
income
3 383
-
10 100
-
total
3 383
-
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%.

33 585
50 500
-
-
total
-
-
-
-
Dividends
33 585
50 500
-
-
withholding
1 679
2 525
-
-
total
1 679
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
5 062
2 525
10 100
505
After tax
45 438
47 975
40 400
49 995
Living cost
13 532
13 532
13 532
13 532
Free-cash
31 906
34 443
26 868
36 463

Estimated living cost  is ₽13532 per week

₽9157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽742
₽861
₽7477
-₽1504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 080
health
-
-
-
4 968
unemployment
-
-
-
75
pensions
-
-
-
9 223
total
-
-
-
22 346
Employee

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

44 997
-
43 695
-
income
7 760
-
7 487
-
health
2 906
-
2 823
-
pensions
6 975
-
6 772
-
unemployment
64
-
62
-
total
17 705
-
17 144
-
Employer

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

44 997
-
43 695
-
unemployment
27
-
27
-
pensions
3 982
-
3 868
-
health
2 997
-
2 910
-
total
7 006
-
6 805
-
Corporate
-
50 500
-
-
income
-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
6 135
-
-
total
-
6 135
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 711
15 730
23 949
22 346
After tax
25 789
34 770
26 551
28 154
Living cost
27 293
27 293
27 293
27 293
Free-cash
-1 504
7 477
-742
861

Estimated living cost  is ₽27293 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽6285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12193
-₽13145
-₽17321
-₽115525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
68 890
-
-
-
social contributions
5 649
-
805
-
income
15 196
-
-
-
total
20 845
-
805
-
Employer
68 890
-
-
-
social contributions
97 135
-
13 843
-
total
97 135
-
13 843
-
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
117 980
19 776
14 648
15 600
After tax
-67 480
30 724
35 852
34 900
Living cost
48 045
48 045
48 045
48 045
Free-cash
-115 525
-17 321
-12 193
-13 145

Estimated living cost  is ₽48045 per week

₽31174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3651
-₽2478
-₽3194
-₽7416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 549
income
-
-
-
3 511
surtax
-
-
-
-
total
-
-
-
21 060
Employee
46 800
-
40 808
-
social contributions
5 148
-
4 490
-
income
9 735
-
8 051
-
surtax
-
-
-
-
total
14 883
-
12 541
-
Employer
46 800
-
40 808
-
social contributions
11 115
-
9 692
-
total
11 115
-
9 692
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
10 605
-
-
total
-
10 605
-
-
Dividends
-
39 895
-
-
withholding
-
11 171
-
-
total
-
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
25 998
21 776
22 233
21 060
After tax
24 502
28 724
28 267
29 440
Living cost
31 918
31 918
31 918
31 918
Free-cash
-7 416
-3 194
-3 651
-2 478

Estimated living cost  is ₽31918 per week

₽23881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18072
-₽18704
-₽23695
-₽33136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 439
income
-
-
-
1 863
health
-
-
-
436
other
-
-
-
1 566
pensions
-
-
-
14 753
surtax
-
-
-
-
total
-
-
-
20 057
Employee
63 732
-
38 479
-
social contributions
1 815
-
1 097
-
income
5 561
-
1 956
-
surtax
-
-
-
-
pensions
7 208
-
4 353
-
total
14 584
-
7 406
-
Employer
63 732
-
38 479
-
other
2 199
-
1 327
-
unemployment
2 582
-
1 558
-
pensions
10 472
-
6 324
-
health
4 461
-
2 694
-
social contributions
191
-
116
-
total
19 905
-
12 019
-
Corporate
-
50 500
-
-
surtax
-
-
-
-
income
-
14 141
-
-
total
-
14 141
-
-
Dividends
-
36 359
-
-
withholding
-
4 654
-
-
surtax
-
-
-
-
social contributions
-
6 253
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
34 489
25 048
19 425
20 057
After tax
16 011
25 452
31 075
30 443
Living cost
49 147
49 147
49 147
49 147
Free-cash
-33 136
-23 695
-18 072
-18 704

Estimated living cost  is ₽49147 per week

₽33262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽674
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10294
₽8804
₽14863
₽11445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 109
total
-
-
-
11 109
Employee
32 714
-
43 722
-
social contributions
2 126
-
2 841
-
income
-
-
-
-
total
2 126
-
2 841
-
Employer
32 714
-
43 722
-
social contributions
5 071
-
6 778
-
total
5 071
-
6 778
-
Corporate
12 716
50 500
-
-
income
1 271
5 050
-
-
total
1 271
5 050
-
-
Dividends
11 445
45 450
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 468
5 050
9 619
11 109
After tax
42 032
45 450
40 881
39 391
Living cost
30 587
30 587
30 587
30 587
Free-cash
11 445
14 863
10 294
8 804

Estimated living cost  is ₽30587 per week

₽19777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽170787
-₽15630
-₽170787
-₽170787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
4 578
pensions
-
-
-
880
labour market
-
-
-
3 969
municipal
-
-
-
7 789
total
-
-
-
17 216
Employee
206 455
206 455
206 455
-
municipal
43 963
43 963
43 963
-
national
25 222
25 222
25 222
-
pensions
293
293
293
-
labour market
16 493
16 493
16 493
-
total
85 971
85 971
85 971
-
Employer
206 455
206 455
206 455
-
national
25 266
25 266
25 266
-
pensions
587
587
587
-
labour market
16 516
16 516
16 516
-
municipal
44 033
44 033
44 033
-
total
86 402
86 402
86 402
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
172 373
172 373
172 373
17 216
After tax
-121 873
-121 873
-121 873
33 284
Living cost
48 914
48 914
48 914
48 914
Free-cash
-170 787
-170 787
-170 787
-15 630

Estimated living cost  is ₽48914 per week

₽33477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4642
₽12958
-₽17937
₽710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
8 437
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
15 515
Employee
34 650
-
41 951
-
income
4 754
-
5 755
-
health
3 968
-
4 803
-
pensions
3 902
-
4 724
-
total
12 624
-
15 282
-
Employer
34 650
-
41 951
-
unemployment
849
-
1 028
-
pensions
5 634
-
6 821
-
accident
579
-
700
-
total
7 062
-
8 549
-
Corporate
8 789
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.

7 910
45 450
-
-
total
7 910
45 450
-
-
Dividends
879
5 050
-
-
withholding
167
960
-
-
total
167
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 763
46 410
23 831
15 515
After tax
22 737
4 090
26 669
34 985
Living cost
22 027
22 027
22 027
22 027
Free-cash
710
-17 937
4 642
12 958

Estimated living cost  is ₽22027 per week

₽16033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7578
₽1085
-₽4119
-₽13137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
969
health
-
-
-
353
municipal
-
-
-
9 026
total
-
-
-
10 348
Employee
53 536
-
42 484
-
municipal
8 769
-
6 975
-
health
400
-
230
-
national
884
-
286
-
pensions
3 613
-
2 868
-
unemployment
803
-
637
-
total
14 469
-
10 996
-
Employer
53 536
-
42 484
-
unemployment
348
-
276
-
pensions
9 288
-
7 371
-
health
411
-
326
-
accident
54
-
42
-
total
10 101
-
8 015
-
Corporate
-
50 500
-
-
income
-
10 099
-
-
total
-
10 099
-
-
Dividends

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

-
30 301
-
-
municipal
-
5 453
-
-
national
-
-
-
-
total
-
5 453
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 570
15 552
19 011
10 348
After tax
25 930
34 948
31 489
40 152
Living cost
39 067
39 067
39 067
39 067
Free-cash
-13 137
-4 119
-7 578
1 085

Estimated living cost  is ₽39067 per week

₽25518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9486
₽17038
₽3932
₽8163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 879
income
-
-
-
736
health
-
-
-
1 288
total
-
-
-
9 903
Employee
78 246
78 246
78 246
-
social contributions
2 958
6 494
3 806
-
income
8 520
7 243
8 215
-
health
606
1 330
780
-
total
12 084
15 067
12 801
-
Employer
78 246
78 246
78 246
-
health
658
1 448
848
-
social contributions
2 958
6 494
3 806
-
total
3 616
7 942
4 654
-
Corporate
11 240
-
-
-
income
1 406
-
-
-
total
1 406
-
-
-
Dividends
9 834
-
-
-
withholding
1 672
-
-
-
total
1 672
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 778
23 009
17 455
9 903
After tax
31 722
27 491
33 045
40 597
Living cost
23 559
23 559
23 559
23 559
Free-cash
8 163
3 932
9 486
17 038

Estimated living cost  is ₽23559 per week

₽14120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15172
₽20085
₽25662
₽20487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 075
health
-
-
-
3 682
unemployment
-
-
-
29
pensions
-
-
-
6 473
total
-
-
-
14 259
Employee

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

23 357
-
45 783
-
income
1 597
-
3 468
-
health
1 985
-
3 891
-
pensions
3 503
-
6 867
-
unemployment
116
-
230
-
total
7 201
-
14 456
-
Employer

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

23 357
-
45 783
-
unemployment
116
-
230
-
pensions
1 284
-
2 518
-
health
1 004
-
1 968
-
total
2 404
-
4 716
-
Corporate
24 739
50 500
-
-
income
2 226
4 546
-
-
total
2 226
4 546
-
-
Dividends
22 513
45 954
-
-
withholding
2 026
4 136
-
-
total
2 026
4 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 857
8 682
19 172
14 259
After tax
36 643
41 818
31 328
36 241
Living cost
16 156
16 156
16 156
16 156
Free-cash
20 487
25 662
15 172
20 085

Estimated living cost  is ₽16156 per week

₽10308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽472
₽87
₽6161
₽606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
454
income
-
-
-
7 283
unemployment
-
-
-
353
other
-
-
-
50
pensions
-
-
-
14 291
total
-
-
-
22 431
Employee
37 625
-
38 290
-
income
7 254
-
7 404
-
pensions
1 769
-
1 800
-
unemployment
583
-
593
-
other
37
-
39
-
total
9 643
-
9 836
-
Employer
37 625
-
38 290
-
other
301
-
307
-
unemployment
2 070
-
2 107
-
pensions
8 879
-
9 037
-
accident
745
-
759
-
total
11 995
-
12 210
-
Corporate
879
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.

131
7 575
-
-
total
131
7 575
-
-
Dividends
748
42 925
-
-
withholding
143
8 782
-
-
total
143
8 782
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 912
16 357
22 046
22 431
After tax
28 588
34 143
28 454
28 069
Living cost
27 982
27 982
27 982
27 982
Free-cash
606
6 161
472
87

Estimated living cost  is ₽27982 per week

₽18887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
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.
₽5915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29977
₽30098
₽29794
₽29511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 522
health
-
-
-
909
pensions
-
-
-
1 253
total
-
-
-
18 684
Employee
2 617
-
49 090
-
income
506
-
16 456
-
health
131
-
313
-
pensions
236
-
564
-
unemployment
26
-
63
-
total
899
-
17 396
-
Employer
2 617
-
49 090
-
unemployment
52
-
125
-
pensions
288
-
689
-
health
249
-
595
-
total
589
-
1 409
-
Corporate
47 294
50 500
-
-
income
10 405
11 110
-
-
total
10 405
11 110
-
-
Dividends
36 889
39 390
-
-
withholding
7 378
7 878
-
-
total
7 378
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 271
18 988
18 805
18 684
After tax
31 229
31 512
31 695
31 816
Living cost
1 718
1 718
1 718
1 718
Free-cash
29 511
29 794
29 977
30 098

Estimated living cost  is ₽1718 per week

₽1021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9817
₽7644
₽18918
₽13919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 199
health
-
-
-
5 201
unemployment
-
-
-
758
pensions
-
-
-
13 130
total
-
-
-
25 288
Employee

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

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

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

26 491
-
42 833
-
income
3 652
-
6 924
-
health
1 364
-
2 206
-
pensions
3 709
-
5 997
-
unemployment
199
-
321
-
total
8 924
-
15 448
-
Employer

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

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

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

26 491
-
42 833
-
unemployment
199
-
321
-
pensions
3 179
-
5 140
-
health
1 364
-
2 206
-
total
4 742
-
7 667
-
Corporate
19 267
50 500
-
-
income
2 890
7 575
-
-
total
2 890
7 575
-
-
Dividends
16 377
42 925
-
-
withholding
2 457
6 439
-
-
total
2 457
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 013
14 014
23 115
25 288
After tax
31 487
36 486
27 385
25 212
Living cost
17 568
17 568
17 568
17 568
Free-cash
13 919
18 918
9 817
7 644

Estimated living cost  is ₽17568 per week

₽11828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽834
₽2007
₽1291
₽925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 549
income
-
-
-
3 511
surtax
-
-
-
-
total
-
-
-
21 060
Employee
39 494
-
40 808
-
social contributions
4 345
-
4 490
-
income
7 717
-
8 051
-
surtax
-
-
-
-
total
12 062
-
12 541
-
Employer
39 494
-
40 808
-
social contributions
9 379
-
9 692
-
total
9 379
-
9 692
-
Corporate
1 627
50 500
-
-
surtax
-
-
-
-
income
342
10 605
-
-
total
342
10 605
-
-
Dividends
1 285
39 895
-
-
withholding
359
11 171
-
-
total
359
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 142
21 776
22 233
21 060
After tax
28 358
28 724
28 267
29 440
Living cost
27 433
27 433
27 433
27 433
Free-cash
925
1 291
834
2 007

Estimated living cost  is ₽27433 per week

₽19430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
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.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7308
-₽7693
-₽1619
-₽14312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
454
income
-
-
-
7 283
unemployment
-
-
-
353
other
-
-
-
50
pensions
-
-
-
14 291
total
-
-
-
22 431
Employee
49 144
-
38 290
-
income
10 264
-
7 404
-
pensions
2 309
-
1 800
-
unemployment
761
-
593
-
other
48
-
39
-
total
13 382
-
9 836
-
Employer
49 144
-
38 290
-
other
394
-
307
-
unemployment
2 703
-
2 107
-
pensions
11 598
-
9 037
-
accident
973
-
759
-
total
15 668
-
12 210
-
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.

-
7 575
-
-
total
-
7 575
-
-
Dividends
-
42 925
-
-
withholding
-
8 782
-
-
total
-
8 782
-
-
Income
50 500
50 500
50 500
50 500
Total tax
29 050
16 357
22 046
22 431
After tax
21 450
34 143
28 454
28 069
Living cost
35 762
35 762
35 762
35 762
Free-cash
-14 312
-1 619
-7 308
-7 693

Estimated living cost  is ₽35762 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16735
₽16128
₽25801
₽19647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 575
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
16 996
Employee
23 008
-
43 578
-
income
2 301
-
4 357
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
health
1 058
-
1 623
-
pensions

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

2 020
-
3 098
-
total
5 632
-
9 466
-
Employer
23 008
-
43 578
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 888
-
health
1 588
-
2 435
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
total
4 514
-
6 923
-
Corporate
22 977
50 500
-
-
income
2 297
5 050
-
-
total
2 297
5 050
-
-
Dividends
20 680
45 450
-
-
withholding
1 034
2 273
-
-
total
1 034
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 477
7 323
16 389
16 996
After tax
37 023
43 177
34 111
33 504
Living cost
17 376
17 376
17 376
17 376
Free-cash
19 647
25 801
16 735
16 128

Estimated living cost  is ₽17376 per week

₽11492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽94
-₽552
-₽13083
-₽130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 129
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.

-
-
-
6 952
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.

-
-
-
228
trade
-
-
-
458
total
-
-
-
11 767
Employee

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

50 630
-
50 500
-
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.

4 163
-
4 129
-
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.

230
-
228
-
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.

6 952
-
6 952
-
total
11 345
-
11 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
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.

-
417
-
-
income
-
7 575
-
-
chamber of commerce
-
228
-
-
trade
-
7 247
-
-
total
-
15 467
-
-
Dividends
-
35 033
-
-
withholding
-
8 371
-
-
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.

-
460
-
-
total
-
8 831
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 345
24 298
11 309
11 767
After tax
39 155
26 202
39 191
38 733
Living cost
39 285
39 285
39 285
39 285
Free-cash
-130
-13 083
-94
-552

Estimated living cost  is ₽39285 per week

₽27100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17790
-₽17790
-₽22615
-₽29097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 913
social contributions
-
-
-
3 412
total
-
-
-
10 325
Employee
79 596
-
50 500
-
social contributions
6 613
-
3 412
-
income
15 019
-
6 913
-
total
21 632
-
10 325
-
Employer
79 596
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 312
-
-
total
-
6 312
-
-
Dividends
-
44 188
-
-
withholding
-
8 838
-
-
total
-
8 838
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 632
15 150
10 325
10 325
After tax
28 868
35 350
40 175
40 175
Living cost
57 965
57 965
57 965
57 965
Free-cash
-29 097
-22 615
-17 790
-17 790

Estimated living cost  is ₽57965 per week

₽44099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4723
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽527
-₽21658
-₽9037
-₽3894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 965
health

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

-
-
-
6 255
total
-
-
-
35 220
Employee
46 680
-
45 900
-
social contributions
4 677
-
4 600
-
income
5 065
-
4 889
-
total
9 742
-
9 489
-
Employer
46 680
-
45 900
-
social contributions
4 677
-
4 600
-
total
4 677
-
4 600
-
Corporate
-
50 500
-
-
income
-
17 675
-
-
total
-
17 675
-
-
Dividends
-
32 825
-
-
social contributions
3 037
4 924
-
-
total
3 037
4 924
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 456
22 599
14 089
35 220
After tax
33 044
27 901
36 411
15 280
Living cost
36 938
36 938
36 938
36 938
Free-cash
-3 894
-9 037
-527
-21 658

Estimated living cost  is ₽36938 per week

₽24331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4666
₽174
-₽118
-₽7853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 533
pensions
-
-
-
2 838
total
-
-
-
12 371
Employee
52 099
-
45 313
-
income
9 488
-
8 322
-
health
680
-
540
-
pensions
3 976
-
3 162
-
total
14 144
-
12 024
-
Employer
52 099
-
45 313
-
pensions
5 264
-
4 325
-
health
990
-
862
-
total
6 254
-
5 187
-
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.

-
9 596
-
-
total
-
9 596
-
-
Dividends
-
40 904
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 398
12 663
17 211
12 371
After tax
30 102
37 837
33 289
38 129
Living cost
37 955
37 955
37 955
37 955
Free-cash
-7 853
-118
-4 666
174

Estimated living cost  is ₽37955 per week

₽26037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2461
₽10777
-₽20118
₽377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
8 437
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
15 515
Employee
38 080
-
41 951
-
income
5 224
-
5 755
-
health
4 360
-
4 803
-
pensions
4 288
-
4 724
-
total
13 872
-
15 282
-
Employer
38 080
-
41 951
-
unemployment
933
-
1 028
-
pensions
6 191
-
6 821
-
accident
636
-
700
-
total
7 760
-
8 549
-
Corporate
4 660
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.

4 194
45 450
-
-
total
4 194
45 450
-
-
Dividends
466
5 050
-
-
withholding
89
960
-
-
total
89
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
25 915
46 410
23 831
15 515
After tax
24 585
4 090
26 669
34 985
Living cost
24 208
24 208
24 208
24 208
Free-cash
377
-20 118
2 461
10 777

Estimated living cost  is ₽24208 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16474
₽16474
₽29162
₽24207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 375
work injury
-
-
-
253
unemployment
-
-
-
606
pensions
-
-
-
9 292
total
-
-
-
20 263
Employee

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

22 021
-
50 500
-
work injury
110
-
253
-
income
2 202
-
6 375
-
health insurance
1 630
-
3 737
-
pensions
4 052
-
9 292
-
unemployment
264
-
606
-
total
8 258
-
20 263
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 479
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
28 479
50 500
-
-
withholding
4 272
7 575
-
-
total
4 272
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 530
7 575
20 263
20 263
After tax
37 970
42 925
30 237
30 237
Living cost
13 763
13 763
13 763
13 763
Free-cash
24 207
29 162
16 474
16 474

Estimated living cost  is ₽13763 per week

₽8527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
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.
₽3807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15870
-₽13068
-₽13937
-₽35247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 988
national
-
-
-
8 970
regional
-
-
-
735
municipal
-
-
-
338
total
-
-
-
23 031
Employee
85 746
-
50 500
-
social contributions
28 913
-
17 028
-
municipal
512
-
301
-
regional
1 295
-
625
-
national
14 490
-
7 879
-
total
45 210
-
25 833
-
Employer
85 746
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 119
-
-
municipal
-
2 435
-
-
total
-
14 554
-
-
Dividends
-
35 946
-
-
withholding
-
9 346
-
-
total
-
9 346
-
-
Income
50 500
50 500
50 500
50 500
Total tax
45 210
23 900
25 833
23 031
After tax
5 290
26 600
24 667
27 469
Living cost
40 537
40 537
40 537
40 537
Free-cash
-35 247
-13 937
-15 870
-13 068

Estimated living cost  is ₽40537 per week

₽28475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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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