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
₽7452
-₽3019
₽10262
₽9241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 021
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.

-
-
-
4 823
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.

-
-
-
6 469
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.

-
-
-
266
total
-
-
-
12 579
Employee

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

36 216
-
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.

56
-
266
-
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.

6 469
-
6 469
-
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.

1 012
-
4 823
-
total
7 537
-
11 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 284
50 500
-
-
trade
2 250
7 953
-
-
income
2 142
7 576
-
-
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.

119
417
-
-
chamber of commerce
164
216
-
-
total
4 675
16 162
-
-
Dividends
9 610
34 339
-
-
withholding
2 043
8 224
-
-
surtax

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

113
453
-
-
total
2 156
8 677
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 368
24 839
11 558
12 579
After tax
36 132
25 661
38 942
37 921
Living cost
28 680
28 680
28 680
28 680
Free-cash
7 452
-3 019
10 262
9 241

Estimated living cost  is ₽28680 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31425
-₽16940
-₽16135
-₽16531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 060
municipal
-
-
-
4 697
national
-
-
-
7 279
total
-
-
-
18 579
Employee
75 110
-
43 657
-
national
14 376
-
7 582
-
municipal
9 277
-
4 893
-
pensions
3 004
-
1 746
-
total
26 657
-
14 221
-
Employer
75 110
-
43 657
-
pensions
6 009
-
3 493
-
social contributions
807
-
469
-
total
6 816
-
3 962
-
Corporate
-
50 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
10 100
-
-
total
-
10 100
-
-
Dividends
-
40 400
-
-
withholding
-
8 888
-
-
total
-
8 888
-
-
Income
50 500
50 500
50 500
50 500
Total tax
33 473
18 988
18 183
18 579
After tax
17 027
31 512
32 317
31 921
Living cost
48 452
48 452
48 452
48 452
Free-cash
-31 425
-16 940
-16 135
-16 531

Estimated living cost  is ₽48452 per week

₽32933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12933
₽20701
₽9269
₽20244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
social contributions

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

-
-
-
2 981
income
-
-
-
-
microenterprise
-
-
-
7 576
surtax
-
-
-
-
total
-
-
-
10 557
Employee
27 668
-
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.

3 044
-
4 476
-
income
4 925
-
7 252
-
total
7 969
-
11 728
-
Employer
27 668
-
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.

6 665
-
9 804
-
surtax
-
-
-
-
total
6 665
-
9 804
-
Corporate
16 167
50 500
-
-
income

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

3 234
10 100
-
-
total
3 234
10 100
-
-
Dividends

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

12 933
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 868
10 100
21 532
10 557
After tax
32 632
40 400
28 968
39 943
Living cost
19 699
19 699
19 699
19 699
Free-cash
12 933
20 701
9 269
20 244

Estimated living cost  is ₽19699 per week

₽12567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43527
-₽38212
-₽43527
-₽10755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 747
pensions
-
-
-
9 090
health
-
-
-
7 752
total
-
-
-
21 589
Employee
80 859
80 859
80 859
-
health
12 411
10 557
12 411
-
pensions
14 555
11 094
14 555
-
income

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

13 235
13 235
13 235
-
total
40 201
34 886
40 201
-
Employer
80 859
80 859
80 859
-
pensions
5 628
5 628
5 628
-
unemployment
2 911
2 911
2 911
-
health
5 621
5 621
5 621
-
total
14 160
14 160
14 160
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
54 361
49 046
54 361
21 589
After tax
-3 861
1 454
-3 861
28 911
Living cost
39 666
39 666
39 666
39 666
Free-cash
-43 527
-38 212
-43 527
-10 755

Estimated living cost  is ₽39666 per week

₽28110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22744
-₽11540
-₽12145
-₽13939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 868
unemployment
-
-
-
50
pensions
-
-
-
5 459
municipal
-
-
-
10 697
accident
-
-
-
101
national
-
-
-
-
health
-
-
-
3 151
total
-
-
-
25 326
Employee
55 732
-
38 427
-
national
-
-
-
-
municipal
16 619
-
11 459
-
total
16 619
-
11 459
-
Employer
55 732
-
38 427
-
other
6 476
-
4 465
-
accident
112
-
77
-
pensions
6 025
-
4 154
-
unemployment
1 471
-
1 014
-
health
3 428
-
2 363
-
total
17 512
-
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
34 131
22 927
23 532
25 326
After tax
16 369
27 573
26 968
25 174
Living cost
39 113
39 113
39 113
39 113
Free-cash
-22 744
-11 540
-12 145
-13 939

Estimated living cost  is ₽39113 per week

₽25922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1510
-₽11796
₽1745
₽679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 066
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.

-
-
-
4 823
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.

-
-
-
6 469
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.

-
-
-
266
total
-
-
-
12 624
Employee

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

48 018
-
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.

226
-
266
-
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.

6 469
-
6 469
-
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.

4 126
-
4 823
-
total
10 821
-
11 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 482
50 500
-
-
trade
408
8 307
-
-
income
372
7 576
-
-
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.

20
417
-
-
chamber of commerce
147
216
-
-
total
947
16 516
-
-
Dividends
1 535
33 985
-
-
withholding
23
8 136
-
-
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.

2
447
-
-
total
25
8 583
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 793
25 099
11 558
12 624
After tax
38 707
25 401
38 942
37 876
Living cost
37 197
37 197
37 197
37 197
Free-cash
1 510
-11 796
1 745
679

Estimated living cost  is ₽37197 per week

₽24878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2581
-₽1624
₽2999
₽9363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 877
income
-
-
-
1 260
health
-
-
-
1 288
total
-
-
-
10 425
Employee
72 810
72 810
72 810
-
health
724
1 238
780
-
social contributions
3 538
6 043
3 806
-
income
7 646
6 740
7 549
-
total
11 908
14 021
12 135
-
Employer
72 810
72 810
72 810
-
social contributions
3 538
6 043
3 806
-
health
789
1 348
848
-
total
4 327
7 391
4 654
-
Corporate
3 554
-
-
-
income
444
-
-
-
total
444
-
-
-
Dividends
3 110
-
-
-
withholding
528
-
-
-
total
528
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 207
21 412
16 789
10 425
After tax
33 293
29 088
33 711
40 075
Living cost
30 712
30 712
30 712
30 712
Free-cash
2 581
-1 624
2 999
9 363

Estimated living cost  is ₽30712 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11333
₽10966
₽11620
₽17329
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 485
10 143
42 259
-
unemployment
382
152
634
-
health
1 784
710
2 958
-
pensions
2 549
1 014
4 226
-
income
3 116
1 240
5 166
-
total
7 831
3 116
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.

25 485
10 143
42 259
-
pensions
4 970
1 978
8 241
-
total
4 970
1 978
8 241
-
Corporate
20 045
38 379
-
-
income
1 804
3 454
-
-
total
1 804
3 454
-
-
Dividends
18 241
34 925
-
-
withholding
3 466
6 636
-
-
social contributions
3 441
6 695
-
-
total
6 907
13 331
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 512
21 879
21 225
15 516
After tax
28 988
28 621
29 275
34 984
Living cost
17 655
17 655
17 655
17 655
Free-cash
11 333
10 966
11 620
17 329

Estimated living cost  is ₽17655 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11647
₽17530
₽7224
₽5469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 495
pensions
-
-
-
10 100
health
-
-
-
6 566
total
-
-
-
22 161
Employee
26 861
-
37 742
-
unemployment
429
-
604
-
pensions
537
-
755
-
income
3 024
-
6 289
-
total
3 990
-
7 648
-
Employer
26 861
-
37 742
-
pensions
5 373
-
7 549
-
unemployment
216
-
302
-
health
3 491
-
4 907
-
total
9 080
-
12 758
-
Corporate
14 559
50 500
-
-
income
2 913
10 100
-
-
total
2 913
10 100
-
-
Dividends
11 647
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
15 983
10 100
20 406
22 161
After tax
34 517
40 400
30 094
28 339
Living cost
22 870
22 870
22 870
22 870
Free-cash
11 647
17 530
7 224
5 469

Estimated living cost  is ₽22870 per week

₽15687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽834
-₽17141
₽5437
₽13720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
8 825
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
15 548
Employee
33 400
-
41 950
-
health
3 824
-
4 803
-
pensions
3 761
-
4 724
-
income
4 582
-
5 755
-
total
12 167
-
15 282
-
Employer
33 400
-
41 950
-
accident
558
-
700
-
pensions
5 431
-
6 821
-
unemployment
818
-
1 028
-
total
6 807
-
8 549
-
Corporate
10 293
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.

9 264
45 450
-
-
total
9 264
45 450
-
-
Dividends
1 029
5 050
-
-
withholding
196
959
-
-
total
196
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 434
46 409
23 831
15 548
After tax
22 066
4 091
26 669
34 952
Living cost
21 232
21 232
21 232
21 232
Free-cash
834
-17 141
5 437
13 720

Estimated living cost  is ₽21232 per week

₽15562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39004
₽40420
₽32845
₽42440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
microenterprise

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

-
-
-
505
total
-
-
-
505
Employee
9 443
-
50 500
-
income
1 888
-
10 100
-
total
1 888
-
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%.

41 057
50 500
-
-
total
-
-
-
-
Dividends
41 057
50 500
-
-
withholding
2 053
2 525
-
-
total
2 053
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
3 941
2 525
10 100
505
After tax
46 559
47 975
40 400
49 995
Living cost
7 555
7 555
7 555
7 555
Free-cash
39 004
40 420
32 845
42 440

Estimated living cost  is ₽7555 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5479
₽11873
₽4374
₽2113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 399
income
-
-
-
6 415
pensions

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

-
-
-
12 120
health
-
-
-
2 223
total
-
-
-
23 157
Employee
34 380
-
40 337
-
unemployment
343
-
402
-
health
482
-
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.

2 406
-
2 823
-
income
5 919
-
6 945
-
total
9 150
-
10 734
-
Employer
34 380
-
40 337
-
other
1 720
-
2 016
-
accident
275
-
323
-
pensions

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

5 845
-
6 857
-
unemployment
343
-
402
-
health
482
-
564
-
total
8 665
-
10 162
-
Corporate
7 456
50 500
-
-
income
1 565
10 605
-
-
total
1 565
10 605
-
-
Dividends
5 891
39 895
-
-
withholding
411
2 792
-
-
total
411
2 792
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 791
13 397
20 896
23 157
After tax
30 709
37 103
29 604
27 343
Living cost
25 230
25 230
25 230
25 230
Free-cash
5 479
11 873
4 374
2 113

Estimated living cost  is ₽25230 per week

₽17827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49616
-₽24394
-₽29237
-₽24225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 502
pensions
-
-
-
2 992
total
-
-
-
12 494
Employee
88 048
-
45 164
-
health
1 451
-
572
-
pensions
8 494
-
3 349
-
income
15 872
-
8 248
-
total
25 817
-
12 169
-
Employer
88 048
-
45 164
-
pensions
10 396
-
4 478
-
health
1 672
-
859
-
total
12 068
-
5 337
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
37 885
12 663
17 506
12 494
After tax
12 615
37 837
32 994
38 006
Living cost
62 231
62 231
62 231
62 231
Free-cash
-49 616
-24 394
-29 237
-24 225

Estimated living cost  is ₽62231 per week

₽46631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26359
₽30757
₽22396
₽21671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
7 575
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
16 409
Employee
16 446
-
44 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
756
-
1 522
-
pensions

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

1 444
-
2 905
-
income
1 644
-
4 401
-
total
4 025
-
9 192
-
Employer
16 446
-
44 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 812
-
3 646
-
unemployment
98
-
199
-
health
1 135
-
2 283
-
total
3 226
-
6 492
-
Corporate
30 827
50 500
-
-
income
3 083
5 050
-
-
total
3 083
5 050
-
-
Dividends
27 745
45 450
-
-
withholding
1 387
2 273
-
-
total
1 387
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 721
7 323
15 684
16 409
After tax
38 779
43 177
34 816
34 091
Living cost
12 420
12 420
12 420
12 420
Free-cash
26 359
30 757
22 396
21 671

Estimated living cost  is ₽12420 per week

₽7251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52656
-₽51051
-₽56366
-₽23594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 747
pensions
-
-
-
9 090
health
-
-
-
7 752
total
-
-
-
21 589
Employee
87 787
80 859
80 859
-
health
10 952
10 557
12 411
-
pensions
11 094
11 094
14 555
-
income

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

13 235
13 235
13 235
-
total
35 281
34 886
40 201
-
Employer
87 787
80 859
80 859
-
pensions
6 109
5 628
5 628
-
unemployment
3 161
2 911
2 911
-
health
6 100
5 621
5 621
-
total
15 370
14 160
14 160
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
50 651
49 046
54 361
21 589
After tax
-151
1 454
-3 861
28 911
Living cost
52 505
52 505
52 505
52 505
Free-cash
-52 656
-51 051
-56 366
-23 594

Estimated living cost  is ₽52505 per week

₽38731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2724
₽11149
₽2006
₽976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 735
-
37 687
-
solidarity contribution
-
-
-
-
health
4 689
-
5 088
-
social contributions
2 258
-
2 450
-
income
4 168
-
4 522
-
total
11 115
-
12 060
-
Employer
34 735
-
37 687
-
social contributions
8 684
-
9 422
-
health
3 126
-
3 392
-
total
11 810
-
12 814
-
Corporate
3 955
50 500
-
-
income
751
9 595
-
-
total
751
9 595
-
-
Dividends
3 203
40 905
-
-
withholding
480
6 136
-
-
total
480
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 156
15 731
24 874
25 904
After tax
26 344
34 769
25 626
24 596
Living cost
23 620
23 620
23 620
23 620
Free-cash
2 724
11 149
2 006
976

Estimated living cost  is ₽23620 per week

₽16407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33652
-₽13011
-₽15143
-₽12292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
499
social contributions
-
-
-
12 988
municipal
-
-
-
300
national
-
-
-
9 051
total
-
-
-
22 838
Employee
84 152
-
50 500
-
national
14 582
-
7 958
-
regional
794
-
434
-
municipal
446
-
268
-
social contributions
28 376
-
17 029
-
total
44 198
-
25 689
-
Employer
84 152
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
1 969
-
-
total
-
14 089
-
-
Dividends
-
36 411
-
-
withholding
-
9 468
-
-
total
-
9 468
-
-
Income
50 500
50 500
50 500
50 500
Total tax
44 198
23 557
25 689
22 838
After tax
6 302
26 943
24 811
27 662
Living cost
39 954
39 954
39 954
39 954
Free-cash
-33 652
-13 011
-15 143
-12 292

Estimated living cost  is ₽39954 per week

₽27851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7922
₽10870
₽6787
₽7974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
7 380
pensions
-
-
-
10 100
health
-
-
-
3 587
surtax
-
-
-
349
total
-
-
-
21 632
Employee
31 312
-
41 719
-
surtax
102
-
295
-
unemployment
2 180
-
2 904
-
other
-
-
-
-
health
800
-
1 064
-
pensions
2 088
-
2 783
-
income
5 249
-
6 993
-
total
10 419
-
14 039
-
Employer
31 312
-
41 719
-
other
-
-
-
-
pensions
4 174
-
5 561
-
unemployment
992
-
1 322
-
health
1 425
-
1 897
-
total
6 591
-
8 780
-
Corporate
12 597
50 500
-
-
income
3 276
13 130
-
-
total
3 276
13 130
-
-
Dividends
9 321
37 370
-
-
withholding
1 398
5 606
-
-
total
1 398
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 684
18 736
22 819
21 632
After tax
28 816
31 764
27 681
28 868
Living cost
20 894
20 894
20 894
20 894
Free-cash
7 922
10 870
6 787
7 974

Estimated living cost  is ₽20894 per week

₽12776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16017
-₽4678
-₽9521
-₽4509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
9 502
pensions
-
-
-
2 992
total
-
-
-
12 494
Employee
59 007
-
45 164
-
health
857
-
572
-
pensions
5 008
-
3 349
-
income
10 628
-
8 248
-
total
16 493
-
12 169
-
Employer
59 007
-
45 164
-
pensions
6 388
-
4 478
-
health
1 121
-
859
-
total
7 509
-
5 337
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 002
12 663
17 506
12 494
After tax
26 498
37 837
32 994
38 006
Living cost
42 515
42 515
42 515
42 515
Free-cash
-16 017
-4 678
-9 521
-4 509

Estimated living cost  is ₽42515 per week

₽31852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45630
-₽51907
-₽34776
-₽32057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 009
city
-
-
-
532
regional
-
-
-
996
pensions
-
-
-
4 646
national
-
-
-
129
health
-
-
-
245
total
-
-
-
7 557
Employee
87 769
-
45 122
-
national
415
-
98
-
unemployment
-
-
-
-
city
942
-
483
-
regional
2 874
-
838
-
health
198
-
102
-
pensions
7 374
-
3 876
-
total
11 803
-
5 397
-
Employer
87 769
-
45 122
-
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.

1 755
-
901
-
pensions
7 374
-
3 876
-
unemployment
-
-
-
-
health
198
-
102
-
total
9 327
-
4 879
-
Corporate
-
50 500
-
-
regional
-
10 681
-
-
national
-
4 292
-
-
total
-
14 973
-
-
Dividends
-
35 527
-
-
withholding
-
12 434
-
-
total
-
12 434
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 130
27 407
10 276
7 557
After tax
29 370
23 093
40 224
42 943
Living cost
75 000
75 000
75 000
75 000
Free-cash
-45 630
-51 907
-34 776
-32 057

Estimated living cost  is ₽75000 per week

₽48771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6406
-₽18236
-₽4434
-₽5544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 110
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.

-
-
-
4 823
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.

-
-
-
6 469
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.

-
-
-
266
total
-
-
-
12 668
Employee

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

56 905
-
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.

368
-
266
-
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.

6 469
-
6 469
-
income

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

6 692
-
4 823
-
total
13 529
-
11 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
trade
-
8 661
-
-
income
-
7 576
-
-
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
-
-
chamber of commerce
-
216
-
-
total
-
16 870
-
-
Dividends
-
33 631
-
-
withholding
-
8 048
-
-
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.

-
442
-
-
total
-
8 490
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 529
25 360
11 558
12 668
After tax
36 971
25 140
38 942
37 832
Living cost
43 376
43 376
43 376
43 376
Free-cash
-6 406
-18 236
-4 434
-5 544

Estimated living cost  is ₽43376 per week

₽31680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2680
-₽6944
-₽1507
-₽2045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 565
social contributions
-
-
-
1 439
income
-
-
-
2 066
pensions
-
-
-
14 641
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 149
Employee
40 525
-
38 483
-
surtax
-
-
-
-
pensions
4 582
-
4 354
-
social contributions
1 155
-
1 096
-
income
2 392
-
2 144
-
total
8 129
-
7 594
-
Employer
40 525
-
38 483
-
other
1 398
-
1 328
-
pensions
6 657
-
6 323
-
unemployment
1 641
-
1 558
-
social contributions
122
-
115
-
health
2 837
-
2 693
-
total
12 655
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 139
-
-
surtax
-
-
-
-
total
-
14 139
-
-
Dividends
-
36 361
-
-
withholding
-
4 654
-
-
social contributions
-
6 255
-
-
surtax
-
-
-
-
total
-
10 909
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 784
25 048
19 611
20 149
After tax
29 716
25 452
30 889
30 351
Living cost
32 396
32 396
32 396
32 396
Free-cash
-2 680
-6 944
-1 507
-2 045

Estimated living cost  is ₽32396 per week

₽20427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1527
-₽3734
₽1703
₽1165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 565
social contributions
-
-
-
1 439
income
-
-
-
2 066
pensions
-
-
-
14 641
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 149
Employee
36 174
-
38 483
-
surtax
-
-
-
-
pensions
4 091
-
4 354
-
social contributions
1 031
-
1 096
-
income
1 865
-
2 144
-
total
6 987
-
7 594
-
Employer
36 174
-
38 483
-
other
1 249
-
1 328
-
pensions
5 944
-
6 323
-
unemployment
1 464
-
1 558
-
social contributions
108
-
115
-
health
2 532
-
2 693
-
total
11 297
-
12 017
-
Corporate
3 029
50 500
-
-
income
848
14 139
-
-
surtax
-
-
-
-
total
848
14 139
-
-
Dividends
2 181
36 361
-
-
withholding
279
4 654
-
-
social contributions
376
6 255
-
-
surtax
-
-
-
-
total
655
10 909
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 787
25 048
19 611
20 149
After tax
30 713
25 452
30 889
30 351
Living cost
29 186
29 186
29 186
29 186
Free-cash
1 527
-3 734
1 703
1 165

Estimated living cost  is ₽29186 per week

₽16926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11222
₽10731
₽10343
₽12353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 968
income
-
-
-
7 576
health
-
-
-
3 525
total
-
-
-
18 069
Employee
32 104
-
50 500
-
health
2 241
-
3 525
-
social contributions
4 431
-
6 968
-
income
5 355
-
9 586
-
total
12 027
-
20 079
-
Employer
32 104
-
50 500
-
total
-
-
-
-
Corporate
18 396
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%.

920
2 525
-
-
total
920
2 525
-
-
Dividends
17 476
47 975
-
-
health
1 220
3 349
-
-
withholding
2 622
7 196
-
-
social contributions
2 411
6 621
-
-
total
6 253
17 166
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 200
19 691
20 079
18 069
After tax
31 300
30 809
30 421
32 431
Living cost
20 078
20 078
20 078
20 078
Free-cash
11 222
10 731
10 343
12 353

Estimated living cost  is ₽20078 per week

₽13437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽11525
-₽4652
-₽13297
-₽5195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
201
unemployment
-
-
-
5 807
income
-
-
-
2 931
pensions
-
-
-
9 342
health
-
-
-
3 863
surtax
-
-
-
187
total
-
-
-
22 331
Employee
47 320
37 734
39 068
-
unemployment
1 420
1 132
1 172
-
other
473
377
390
-
health
1 831
1 461
1 511
-
pensions
4 846
3 863
4 000
-
income
5 387
2 783
3 058
-
total
13 957
9 616
10 131
-
Employer
47 320
37 734
39 068
-
payroll
1 420
1 132
1 172
-
other
2 248
1 791
1 856
-
accident
615
491
509
-
pensions
5 939
4 737
4 904
-
unemployment
1 420
1 132
1 172
-
chamber of commerce
189
151
156
-
surtax
187
187
187
-
health
1 788
1 427
1 477
-
total
13 806
11 048
11 433
-
Corporate
3 594
3 594
35 475
-
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.

898
898
8 869
-
total
898
898
8 869
-
Dividends
-
820
-
-
withholding
-
226
-
-
total
-
226
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 661
21 788
30 433
22 331
After tax
21 839
28 712
20 067
28 169
Living cost
33 364
33 364
33 364
33 364
Free-cash
-11 525
-4 652
-13 297
-5 195

Estimated living cost  is ₽33364 per week

₽22252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36946
-₽6039
-₽12591
-₽6797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 491
national
-
-
-
14 581
communal

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

-
-
-
2 701
total
-
-
-
22 773
Employee

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

67 730
-
39 113
-
national
20 823
-
10 029
-
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.

589
-
340
-
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.

3 182
-
1 838
-
pensions

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

5 080
-
2 934
-
communal

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

3 533
-
2 039
-
total
33 207
-
17 180
-
Employer

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

67 730
-
39 113
-
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.

880
-
509
-
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.

6 002
-
3 466
-
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.

988
-
571
-
surtax
7 680
-
4 435
-
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.

4 165
-
2 406
-
total
19 715
-
11 387
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
surtax
-
201
-
-
total
-
10 301
-
-
Dividends
-
40 199
-
-
withholding

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

-
11 714
-
-
total
-
11 714
-
-
Income
50 500
50 500
50 500
50 500
Total tax
52 922
22 015
28 567
22 773
After tax
-2 422
28 485
21 933
27 727
Living cost
34 524
34 524
34 524
34 524
Free-cash
-36 946
-6 039
-12 591
-6 797

Estimated living cost  is ₽34524 per week

₽22238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
-₽11659
-₽70
-₽5821
-₽6210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
50
unemployment
-
-
-
354
income
-
-
-
7 364
pensions
-
-
-
14 292
accident
-
-
-
455
total
-
-
-
22 515
Employee
47 133
-
38 292
-
unemployment
731
-
593
-
other
47
-
38
-
pensions
2 216
-
1 800
-
income
9 945
-
7 488
-
total
12 939
-
9 919
-
Employer
47 133
-
38 292
-
other
376
-
307
-
accident
933
-
758
-
pensions
11 123
-
9 036
-
unemployment
2 593
-
2 106
-
total
15 025
-
12 207
-
Corporate
-
50 500
-
-
income

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

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 799
-
-
total
-
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 964
16 375
22 126
22 515
After tax
22 536
34 125
28 374
27 985
Living cost
34 195
34 195
34 195
34 195
Free-cash
-11 659
-70
-5 821
-6 210

Estimated living cost  is ₽34195 per week

₽25181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29773
-₽19683
-₽16750
-₽17790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 838
pensions
-
-
-
8 080
accident
-
-
-
455
communal
-
-
-
-
health
-
-
-
3 788
surtax
-
-
-
2 672
total
-
-
-
16 833
Employee
71 706
-
45 109
-
surtax
4 395
-
2 765
-
health
3 191
-
2 007
-
pensions
5 736
-
3 608
-
income
6 926
-
2 023
-
total
20 248
-
10 403
-
Employer
71 706
-
45 109
-
accident
645
-
406
-
pensions
5 736
-
3 608
-
health
2 187
-
1 376
-
total
8 568
-
5 390
-
Corporate
-
50 500
-
-
income
-
7 576
-
-
communal
-
3 409
-
-
surtax
-
530
-
-
total
-
11 515
-
-
Dividends
-
38 986
-
-
withholding
-
5 847
-
-
income
-
1 364
-
-
total
-
7 211
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 816
18 726
15 793
16 833
After tax
21 684
31 774
34 707
33 667
Living cost
51 457
51 457
51 457
51 457
Free-cash
-29 773
-19 683
-16 750
-17 790

Estimated living cost  is ₽51457 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7485
₽10496
₽6413
₽7600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
7 380
pensions
-
-
-
10 100
health
-
-
-
3 587
surtax
-
-
-
349
total
-
-
-
21 632
Employee
31 887
-
41 719
-
surtax
113
-
295
-
unemployment
2 219
-
2 904
-
other
-
-
-
-
health
814
-
1 064
-
pensions
2 127
-
2 783
-
income
5 346
-
6 993
-
total
10 619
-
14 039
-
Employer
31 887
-
41 719
-
other
-
-
-
-
pensions
4 251
-
5 561
-
unemployment
1 012
-
1 322
-
health
1 450
-
1 897
-
total
6 713
-
8 780
-
Corporate
11 900
50 500
-
-
income
3 094
13 130
-
-
total
3 094
13 130
-
-
Dividends
8 806
37 370
-
-
withholding
1 321
5 606
-
-
total
1 321
5 606
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 747
18 736
22 819
21 632
After tax
28 753
31 764
27 681
28 868
Living cost
21 268
21 268
21 268
21 268
Free-cash
7 485
10 496
6 413
7 600

Estimated living cost  is ₽21268 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1849
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.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2026
₽1037
-₽942
₽1893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
761
social contributions
-
-
-
12 988
municipal
-
-
-
300
national
-
-
-
9 051
total
-
-
-
23 100
Employee
52 524
-
50 500
-
national
8 321
-
7 958
-
regional
707
-
680
-
municipal
279
-
268
-
social contributions
17 712
-
17 029
-
total
27 019
-
25 935
-
Employer
52 524
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 510
-
-
total
-
14 630
-
-
Dividends
-
35 870
-
-
withholding
-
9 326
-
-
total
-
9 326
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 019
23 956
25 935
23 100
After tax
23 481
26 544
24 565
27 400
Living cost
25 507
25 507
25 507
25 507
Free-cash
-2 026
1 037
-942
1 893

Estimated living cost  is ₽25507 per week

₽15863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6855
₽5663
-₽3480
-₽4510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 803
-
37 687
-
solidarity contribution
-
-
-
-
health
5 778
-
5 088
-
social contributions
2 782
-
2 450
-
income
5 136
-
4 522
-
total
13 696
-
12 060
-
Employer
42 803
-
37 687
-
social contributions
10 701
-
9 422
-
health
3 852
-
3 392
-
total
14 553
-
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
28 249
15 731
24 874
25 904
After tax
22 251
34 769
25 626
24 596
Living cost
29 106
29 106
29 106
29 106
Free-cash
-6 855
5 663
-3 480
-4 510

Estimated living cost  is ₽29106 per week

₽21645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
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.
₽5345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3700
-₽1360
-₽10087
-₽1852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
201
unemployment
-
-
-
5 807
income
-
-
-
2 931
pensions
-
-
-
9 342
health
-
-
-
3 863
surtax
-
-
-
-
total
-
-
-
22 144
Employee
41 390
37 734
39 212
-
unemployment
1 242
1 132
1 177
-
other
413
377
392
-
health
1 601
1 461
1 518
-
pensions
4 239
3 863
4 016
-
income
3 687
2 783
3 085
-
total
11 182
9 616
10 188
-
Employer
41 390
37 734
39 212
-
payroll
1 242
1 132
1 177
-
other
1 966
1 791
1 862
-
accident
537
491
510
-
pensions
5 195
4 737
4 922
-
unemployment
1 242
1 132
1 177
-
chamber of commerce
165
151
156
-
surtax
-
-
-
-
health
1 565
1 427
1 482
-
total
11 912
10 861
11 286
-
Corporate
3 594
3 594
35 620
-
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.

898
898
8 905
-
total
898
898
8 905
-
Dividends
-
1 007
-
-
withholding
-
277
-
-
total
-
277
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 992
21 652
30 379
22 144
After tax
26 508
28 848
20 121
28 356
Living cost
30 208
30 208
30 208
30 208
Free-cash
-3 700
-1 360
-10 087
-1 852

Estimated living cost  is ₽30208 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33995
₽36202
₽28627
₽38222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
microenterprise

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

-
-
-
505
total
-
-
-
505
Employee
14 716
-
50 500
-
income
2 943
-
10 100
-
total
2 943
-
10 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

35 784
50 500
-
-
total
-
-
-
-
Dividends
35 784
50 500
-
-
withholding
1 789
2 525
-
-
total
1 789
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 732
2 525
10 100
505
After tax
45 768
47 975
40 400
49 995
Living cost
11 773
11 773
11 773
11 773
Free-cash
33 995
36 202
28 627
38 222

Estimated living cost  is ₽11773 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1452
₽9372
₽1039
₽2639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
75
income
-
-
-
8 198
pensions
-
-
-
9 223
health
-
-
-
4 968
total
-
-
-
22 464
Employee

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

41 871
-
43 697
-
unemployment
59
-
61
-
health
2 704
-
2 823
-
pensions
6 490
-
6 772
-
income
7 221
-
7 605
-
total
16 474
-
17 261
-
Employer

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

41 871
-
43 697
-
pensions
3 705
-
3 867
-
unemployment
25
-
27
-
health
2 789
-
2 909
-
total
6 519
-
6 803
-
Corporate
2 110
50 500
-
-
income
401
9 595
-
-
total
401
9 595
-
-
Dividends
1 710
40 905
-
-
withholding
257
6 136
-
-
total
257
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 651
15 731
24 064
22 464
After tax
26 849
34 769
26 436
28 036
Living cost
25 397
25 397
25 397
25 397
Free-cash
1 452
9 372
1 039
2 639

Estimated living cost  is ₽25397 per week

₽17430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽89476
-₽9783
-₽2357
-₽5607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 081
-
-
-
social contributions
4 763
-
679
-
income
12 812
-
-
-
total
17 575
-
679
-
Employer
58 081
-
-
-
social contributions
81 894
-
11 671
-
total
81 894
-
11 671
-
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
99 469
19 776
12 350
15 600
After tax
-48 969
30 724
38 150
34 900
Living cost
40 507
40 507
40 507
40 507
Free-cash
-89 476
-9 783
-2 357
-5 607

Estimated living cost  is ₽40507 per week

₽26282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3391
-₽976
-₽1591
-₽401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
social contributions

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

-
-
-
17 548
income
-
-
-
3 653
surtax
-
-
-
-
total
-
-
-
21 201
Employee
43 549
-
40 808
-
surtax
-
-
-
-
social contributions
4 790
-
4 489
-
income
9 058
-
8 210
-
total
13 848
-
12 699
-
Employer
43 549
-
40 808
-
social contributions
10 343
-
9 692
-
total
10 343
-
9 692
-
Corporate
-
50 500
-
-
income
-
10 605
-
-
surtax
-
-
-
-
total
-
10 605
-
-
Dividends
-
39 895
-
-
withholding
-
11 171
-
-
total
-
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 191
21 776
22 391
21 201
After tax
26 309
28 724
28 109
29 299
Living cost
29 700
29 700
29 700
29 700
Free-cash
-3 391
-976
-1 591
-401

Estimated living cost  is ₽29700 per week

₽22222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
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.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽27325
-₽20280
-₽14843
-₽15381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 565
social contributions
-
-
-
1 439
income
-
-
-
2 066
pensions
-
-
-
14 641
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 149
Employee
59 304
-
38 483
-
surtax
-
-
-
-
pensions
6 708
-
4 354
-
social contributions
1 689
-
1 096
-
income
5 174
-
2 144
-
total
13 571
-
7 594
-
Employer
59 304
-
38 483
-
other
2 047
-
1 328
-
pensions
9 744
-
6 323
-
unemployment
2 402
-
1 558
-
social contributions
178
-
115
-
health
4 151
-
2 693
-
total
18 522
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 139
-
-
surtax
-
-
-
-
total
-
14 139
-
-
Dividends
-
36 361
-
-
withholding
-
4 654
-
-
social contributions
-
6 255
-
-
surtax
-
-
-
-
total
-
10 909
-
-
Income
50 500
50 500
50 500
50 500
Total tax
32 093
25 048
19 611
20 149
After tax
18 407
25 452
30 889
30 351
Living cost
45 732
45 732
45 732
45 732
Free-cash
-27 325
-20 280
-14 843
-15 381

Estimated living cost  is ₽45732 per week

₽30951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13806
₽16989
₽12419
₽10928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
-
social contributions
-
-
-
11 110
total
-
-
-
11 110
Employee
30 441
-
43 724
-
social contributions
1 978
-
2 843
-
income
-
-
-
-
total
1 978
-
2 843
-
Employer
30 441
-
43 724
-
social contributions
4 719
-
6 776
-
total
4 719
-
6 776
-
Corporate
15 341
50 500
-
-
income
1 535
5 049
-
-
total
1 535
5 049
-
-
Dividends
13 806
45 451
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 232
5 049
9 619
11 110
After tax
42 268
45 451
40 881
39 390
Living cost
28 462
28 462
28 462
28 462
Free-cash
13 806
16 989
12 419
10 928

Estimated living cost  is ₽28462 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽155559
-₽155559
-₽155559
-₽12521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
pensions
-
-
-
820
municipal
-
-
-
7 996
labour market
-
-
-
3 974
national
-
-
-
4 684
total
-
-
-
17 474
Employee
192 245
192 245
192 245
-
national
23 486
23 486
23 486
-
municipal
40 937
40 937
40 937
-
labour market
15 358
15 358
15 358
-
pensions
273
273
273
-
total
80 054
80 054
80 054
-
Employer
192 245
192 245
192 245
-
municipal
41 003
41 003
41 003
-
pensions
547
547
547
-
national
23 527
23 527
23 527
-
labour market
15 380
15 380
15 380
-
total
80 457
80 457
80 457
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
160 511
160 511
160 511
17 474
After tax
-110 011
-110 011
-110 011
33 026
Living cost
45 548
45 548
45 548
45 548
Free-cash
-155 559
-155 559
-155 559
-12 521

Estimated living cost  is ₽45548 per week

₽31173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽881
-₽16828
₽5750
₽14033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
8 825
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
15 548
Employee
32 907
-
41 950
-
health
3 768
-
4 803
-
pensions
3 706
-
4 724
-
income
4 515
-
5 755
-
total
11 989
-
15 282
-
Employer
32 907
-
41 950
-
accident
549
-
700
-
pensions
5 351
-
6 821
-
unemployment
806
-
1 028
-
total
6 706
-
8 549
-
Corporate
10 886
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.

9 798
45 450
-
-
total
9 798
45 450
-
-
Dividends
1 088
5 050
-
-
withholding
207
959
-
-
total
207
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 700
46 409
23 831
15 548
After tax
21 800
4 091
26 669
34 952
Living cost
20 919
20 919
20 919
20 919
Free-cash
881
-16 828
5 750
14 033

Estimated living cost  is ₽20919 per week

₽15227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
-₽8716
-₽1406
-₽5032
₽3333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 020
national
-
-
-
1 411
health
-
-
-
383
total
-
-
-
10 814
Employee
49 817
-
42 482
-
national
823
-
426
-
unemployment
747
-
638
-
health
372
-
259
-
municipal
8 160
-
6 970
-
pensions
3 362
-
2 868
-
total
13 464
-
11 161
-
Employer
49 817
-
42 482
-
accident
50
-
43
-
pensions
8 643
-
7 371
-
unemployment
323
-
277
-
health
383
-
327
-
total
9 399
-
8 018
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
total
-
10 100
-
-
Dividends

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

-
30 300
-
-
municipal
-
5 453
-
-
national
-
-
-
-
total
-
5 453
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 863
15 553
19 179
10 814
After tax
27 637
34 947
31 321
39 686
Living cost
36 353
36 353
36 353
36 353
Free-cash
-8 716
-1 406
-5 032
3 333

Estimated living cost  is ₽36353 per week

₽23746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
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.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10142
₽7165
₽11788
₽18152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 877
income
-
-
-
1 260
health
-
-
-
1 288
total
-
-
-
10 425
Employee
72 810
72 810
72 810
-
health
564
1 238
780
-
social contributions
2 753
6 043
3 806
-
income
7 928
6 740
7 549
-
total
11 245
14 021
12 135
-
Employer
72 810
72 810
72 810
-
social contributions
2 753
6 043
3 806
-
health
613
1 348
848
-
total
3 366
7 391
4 654
-
Corporate
13 967
-
-
-
income
1 747
-
-
-
total
1 747
-
-
-
Dividends
12 221
-
-
-
withholding
2 077
-
-
-
total
2 077
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 435
21 412
16 789
10 425
After tax
32 065
29 088
33 711
40 075
Living cost
21 923
21 923
21 923
21 923
Free-cash
10 142
7 165
11 788
18 152

Estimated living cost  is ₽21923 per week

₽13139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21969
₽26787
₽16272
₽21812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
4 178
pensions
-
-
-
6 023
health
-
-
-
3 427
total
-
-
-
13 655
Employee

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

21 734
-
45 785
-
unemployment
108
-
228
-
health
1 847
-
3 892
-
pensions
3 260
-
6 868
-
income
1 486
-
3 493
-
total
6 701
-
14 481
-
Employer

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

21 734
-
45 785
-
pensions
1 195
-
2 517
-
unemployment
108
-
228
-
health
934
-
1 969
-
total
2 237
-
4 714
-
Corporate
26 529
50 500
-
-
income
2 388
4 544
-
-
total
2 388
4 544
-
-
Dividends
24 141
45 956
-
-
withholding
2 172
4 136
-
-
total
2 172
4 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 498
8 680
19 195
13 655
After tax
37 002
41 820
31 305
36 845
Living cost
15 033
15 033
15 033
15 033
Free-cash
21 969
26 787
16 272
21 812

Estimated living cost  is ₽15033 per week

₽9592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2979
₽8087
₽2336
₽1947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
50
unemployment
-
-
-
354
income
-
-
-
7 364
pensions
-
-
-
14 292
accident
-
-
-
455
total
-
-
-
22 515
Employee
35 011
-
38 292
-
unemployment
543
-
593
-
other
34
-
38
-
pensions
1 646
-
1 800
-
income
6 750
-
7 488
-
total
8 973
-
9 919
-
Employer
35 011
-
38 292
-
other
280
-
307
-
accident
694
-
758
-
pensions
8 262
-
9 036
-
unemployment
1 926
-
2 106
-
total
11 162
-
12 207
-
Corporate
4 327
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.

649
7 576
-
-
total
649
7 576
-
-
Dividends
3 678
42 924
-
-
withholding
699
8 799
-
-
total
699
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 483
16 375
22 126
22 515
After tax
29 017
34 125
28 374
27 985
Living cost
26 038
26 038
26 038
26 038
Free-cash
2 979
8 087
2 336
1 947

Estimated living cost  is ₽26038 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29420
₽29715
₽29844
₽29973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 469
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
18 730
Employee
2 738
-
49 025
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
530
-
16 400
-
total
940
-
17 384
-
Employer
2 738
-
49 025
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
47 147
50 500
-
-
income
10 372
11 110
-
-
total
10 372
11 110
-
-
Dividends
36 774
39 390
-
-
withholding
7 355
7 878
-
-
total
7 355
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 283
18 988
18 859
18 730
After tax
31 217
31 512
31 641
31 770
Living cost
1 797
1 797
1 797
1 797
Free-cash
29 420
29 715
29 844
29 973

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15490
₽20140
₽10924
₽8750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
758
income
-
-
-
6 314
pensions
-
-
-
13 130
health
-
-
-
5 202
total
-
-
-
25 404
Employee

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

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

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

24 649
-
42 833
-
unemployment
185
-
321
-
health
1 269
-
2 206
-
pensions
3 451
-
5 997
-
income
3 398
-
7 039
-
total
8 303
-
15 563
-
Employer

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

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

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

24 649
-
42 833
-
pensions
2 958
-
5 140
-
unemployment
185
-
321
-
health
1 269
-
2 206
-
total
4 412
-
7 667
-
Corporate
21 439
50 500
-
-
income
3 216
7 575
-
-
total
3 216
7 575
-
-
Dividends
18 223
42 925
-
-
withholding
2 733
6 439
-
-
total
2 733
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 664
14 014
23 230
25 404
After tax
31 836
36 486
27 270
25 096
Living cost
16 346
16 346
16 346
16 346
Free-cash
15 490
20 140
10 924
8 750

Estimated living cost  is ₽16346 per week

₽11006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2857
₽3197
₽2582
₽3772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
social contributions

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

-
-
-
17 548
income
-
-
-
3 653
surtax
-
-
-
-
total
-
-
-
21 201
Employee
36 750
-
40 808
-
surtax
-
-
-
-
social contributions
4 043
-
4 489
-
income
7 181
-
8 210
-
total
11 224
-
12 699
-
Employer
36 750
-
40 808
-
social contributions
8 727
-
9 692
-
total
8 727
-
9 692
-
Corporate
5 023
50 500
-
-
income
1 055
10 605
-
-
surtax
-
-
-
-
total
1 055
10 605
-
-
Dividends
3 968
39 895
-
-
withholding
1 110
11 171
-
-
total
1 110
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 116
21 776
22 391
21 201
After tax
28 384
28 724
28 109
29 299
Living cost
25 527
25 527
25 527
25 527
Free-cash
2 857
3 197
2 582
3 772

Estimated living cost  is ₽25527 per week

₽18080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9811
₽848
-₽4903
-₽5292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
50
unemployment
-
-
-
354
income
-
-
-
7 364
pensions
-
-
-
14 292
accident
-
-
-
455
total
-
-
-
22 515
Employee
45 729
-
38 292
-
unemployment
708
-
593
-
other
45
-
38
-
pensions
2 149
-
1 800
-
income
9 551
-
7 488
-
total
12 453
-
9 919
-
Employer
45 729
-
38 292
-
other
367
-
307
-
accident
906
-
758
-
pensions
10 792
-
9 036
-
unemployment
2 516
-
2 106
-
total
14 581
-
12 207
-
Corporate
-
50 500
-
-
income

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

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 799
-
-
total
-
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 034
16 375
22 126
22 515
After tax
23 466
34 125
28 374
27 985
Living cost
33 277
33 277
33 277
33 277
Free-cash
-9 811
848
-4 903
-5 292

Estimated living cost  is ₽33277 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
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.
₽6323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21109
₽26882
₽18521
₽17796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
7 575
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
16 409
Employee
21 577
-
44 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 894
-
2 905
-
income
2 158
-
4 401
-
total
5 282
-
9 192
-
Employer
21 577
-
44 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 646
-
unemployment
130
-
199
-
health
1 489
-
2 283
-
total
4 234
-
6 492
-
Corporate
24 689
50 500
-
-
income
2 469
5 050
-
-
total
2 469
5 050
-
-
Dividends
22 220
45 450
-
-
withholding
1 111
2 273
-
-
total
1 111
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 096
7 323
15 684
16 409
After tax
37 404
43 177
34 816
34 091
Living cost
16 295
16 295
16 295
16 295
Free-cash
21 109
26 882
18 521
17 796

Estimated living cost  is ₽16295 per week

₽10778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2008
-₽10375
₽2386
₽1457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
929
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.

-
-
-
4 823
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.

-
-
-
6 469
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.

-
-
-
266
total
-
-
-
12 487
Employee

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

47 113
-
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.

214
-
266
-
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.

6 469
-
6 469
-
income

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

3 874
-
4 823
-
total
10 557
-
11 558
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 387
50 500
-
-
trade
487
7 247
-
-
income
509
7 576
-
-
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.

29
417
-
-
chamber of commerce
149
217
-
-
total
1 174
15 457
-
-
Dividends
2 214
35 043
-
-
withholding
194
8 400
-
-
surtax

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

11
462
-
-
total
205
8 862
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 936
24 319
11 558
12 487
After tax
38 564
26 181
38 942
38 013
Living cost
36 556
36 556
36 556
36 556
Free-cash
2 008
-10 375
2 386
1 457

Estimated living cost  is ₽36556 per week

₽25217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23567
-₽18587
-₽14134
-₽14134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 561
income
-
-
-
7 135
total
-
-
-
10 696
Employee
74 066
-
50 500
-
social contributions
6 153
-
3 561
-
income
13 976
-
7 135
-
total
20 129
-
10 696
-
Employer
74 066
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 312
-
-
total
-
6 312
-
-
Dividends
-
44 188
-
-
withholding
-
8 837
-
-
total
-
8 837
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 129
15 149
10 696
10 696
After tax
30 371
35 351
39 804
39 804
Living cost
53 938
53 938
53 938
53 938
Free-cash
-23 567
-18 587
-14 134
-14 134

Estimated living cost  is ₽53938 per week

₽41035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1064
-₽6471
₽2027
-₽16589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 764
income
-
-
-
26 953
total
-
-
-
32 717
Employee
43 437
-
46 144
-
social contributions
4 352
-
4 356
-
income
4 713
-
5 389
-
total
9 065
-
9 745
-
Employer
43 437
-
46 144
-
social contributions
4 352
-
4 356
-
total
4 352
-
4 356
-
Corporate
2 711
50 500
-
-
income
949
17 676
-
-
total
949
17 676
-
-
Dividends
1 763
32 824
-
-
social contributions
2 826
4 923
-
-
total
2 826
4 923
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 192
22 599
14 101
32 717
After tax
33 308
27 901
36 399
17 783
Living cost
34 372
34 372
34 372
34 372
Free-cash
-1 064
-6 471
2 027
-16 589

Estimated living cost  is ₽34372 per week

₽22640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2638
₽3274
-₽1569
₽3443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 502
pensions
-
-
-
2 992
total
-
-
-
12 494
Employee
47 443
-
45 164
-
health
619
-
572
-
pensions
3 621
-
3 349
-
income
8 640
-
8 248
-
total
12 880
-
12 169
-
Employer
47 443
-
45 164
-
pensions
4 793
-
4 478
-
health
902
-
859
-
total
5 695
-
5 337
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 575
12 663
17 506
12 494
After tax
31 925
37 837
32 994
38 006
Living cost
34 563
34 563
34 563
34 563
Free-cash
-2 638
3 274
-1 569
3 443

Estimated living cost  is ₽34563 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽564
-₽18899
₽3679
₽11962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
358
income
-
-
-
8 825
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
15 548
Employee
36 165
-
41 950
-
health
4 141
-
4 803
-
pensions
4 072
-
4 724
-
income
4 962
-
5 755
-
total
13 175
-
15 282
-
Employer
36 165
-
41 950
-
accident
604
-
700
-
pensions
5 880
-
6 821
-
unemployment
886
-
1 028
-
total
7 370
-
8 549
-
Corporate
6 965
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.

6 269
45 450
-
-
total
6 269
45 450
-
-
Dividends
696
5 050
-
-
withholding
132
959
-
-
total
132
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 946
46 409
23 831
15 548
After tax
23 554
4 091
26 669
34 952
Living cost
22 990
22 990
22 990
22 990
Free-cash
564
-18 899
3 679
11 962

Estimated living cost  is ₽22990 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25532
₽30136
₽17255
₽17255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
606
income
-
-
-
6 568
pensions
-
-
-
9 292
health insurance
-
-
-
3 737
work injury
-
-
-
253
total
-
-
-
20 456
Employee

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

20 463
-
50 500
-
health insurance
1 514
-
3 737
-
unemployment
246
-
606
-
work injury
102
-
253
-
pensions
3 765
-
9 292
-
income
2 046
-
6 568
-
total
7 673
-
20 456
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 037
50 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
30 037
50 500
-
-
withholding
4 506
7 575
-
-
total
4 506
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 179
7 575
20 456
20 456
After tax
38 321
42 925
30 044
30 044
Living cost
12 789
12 789
12 789
12 789
Free-cash
25 532
30 136
17 255
17 255

Estimated living cost  is ₽12789 per week

₽7923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
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.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29290
-₽11121
-₽13154
-₽10352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
754
social contributions
-
-
-
12 988
municipal
-
-
-
338
national
-
-
-
9 051
total
-
-
-
23 131
Employee
79 789
-
50 500
-
national
13 484
-
7 958
-
regional
1 205
-
644
-
municipal
476
-
302
-
social contributions
26 904
-
17 029
-
total
42 069
-
25 933
-
Employer
79 789
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 435
-
-
total
-
14 555
-
-
Dividends
-
35 945
-
-
withholding
-
9 345
-
-
total
-
9 345
-
-
Income
50 500
50 500
50 500
50 500
Total tax
42 069
23 900
25 933
23 131
After tax
8 431
26 600
24 567
27 369
Living cost
37 721
37 721
37 721
37 721
Free-cash
-29 290
-11 121
-13 154
-10 352

Estimated living cost  is ₽37721 per week

₽26497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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