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
-₽3160
₽10138
₽9152
₽7366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 775
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.

-
-
-
262
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.

-
-
-
6 501
trade
-
-
-
986
total
-
-
-
12 524
Employee

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

36 398
-
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
-
262
-
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.

1 017
-
4 775
-
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.

6 501
-
6 501
-
total
7 574
-
11 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 102
50 500
-
-
income
2 115
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.

116
417
-
-
chamber of commerce
164
217
-
-
trade
2 221
7 953
-
-
total
4 616
16 163
-
-
Dividends
9 486
34 337
-
-
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.

110
451
-
-
withholding
2 010
8 222
-
-
total
2 120
8 673
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 310
24 836
11 538
12 524
After tax
36 190
25 664
38 962
37 976
Living cost
28 824
28 824
28 824
28 824
Free-cash
7 366
-3 160
10 138
9 152

Estimated living cost  is ₽28824 per week

₽18131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19529
-₽18561
-₽18958
-₽35804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
4 634
national
-
-
-
7 180
pensions
-
-
-
6 060
total
-
-
-
18 417
Employee
79 122
-
43 657
-
municipal
9 773
-
4 829
-
pensions
3 165
-
1 746
-
national
15 144
-
7 483
-
total
28 082
-
14 058
-
Employer
79 122
-
43 657
-
pensions
6 330
-
3 493
-
social contributions
851
-
469
-
total
7 181
-
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
35 263
18 988
18 020
18 417
After tax
15 237
31 512
32 480
32 083
Living cost
51 041
51 041
51 041
51 041
Free-cash
-35 804
-19 529
-18 561
-18 958

Estimated living cost  is ₽51041 per week

₽34692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20602
₽9174
₽20130
₽12797
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 996
microenterprise
-
-
-
7 576
total
-
-
-
10 572
Employee
27 807
-
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.

3 059
-
4 477
-
income
4 950
-
7 247
-
total
8 009
-
11 724
-
Employer
27 807
-
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.

6 698
-
9 804
-
surtax
-
-
-
-
total
6 698
-
9 804
-
Corporate
15 995
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%.

3 198
10 100
-
-
total
3 198
10 100
-
-
Dividends

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

12 797
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 905
10 100
21 528
10 572
After tax
32 595
40 400
28 972
39 928
Living cost
19 798
19 798
19 798
19 798
Free-cash
12 797
20 602
9 174
20 130

Estimated living cost  is ₽19798 per week

₽12630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38658
-₽43999
-₽10952
-₽43999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 743
health
-
-
-
7 753
pensions
-
-
-
9 091
total
-
-
-
21 587
Employee
81 265
81 265
81 265
-
pensions
14 628
11 150
14 628
-
income

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

13 302
13 302
13 302
-
health
12 473
10 610
12 473
-
total
40 403
35 062
40 403
-
Employer
81 265
81 265
81 265
-
health
5 649
5 649
5 649
-
pensions
5 656
5 656
5 656
-
unemployment
2 926
2 926
2 926
-
total
14 231
14 231
14 231
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
54 634
49 293
54 634
21 587
After tax
-4 134
1 207
-4 134
28 913
Living cost
39 865
39 865
39 865
39 865
Free-cash
-43 999
-38 658
-43 999
-10 952

Estimated living cost  is ₽39865 per week

₽28251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11223
-₽11829
-₽13622
-₽22151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
101
other
-
-
-
5 868
unemployment
-
-
-
51
health
-
-
-
3 151
municipal
-
-
-
10 696
national
-
-
-
-
pensions
-
-
-
5 459
total
-
-
-
25 326
Employee
55 280
-
38 426
-
municipal
16 485
-
11 459
-
national
-
-
-
-
total
16 485
-
11 459
-
Employer
55 280
-
38 426
-
health
3 400
-
2 363
-
pensions
5 976
-
4 154
-
accident
111
-
77
-
unemployment
1 459
-
1 015
-
other
6 424
-
4 465
-
total
17 370
-
12 074
-
Corporate
-
50 500
-
-
income
-
11 110
-
-
total
-
11 110
-
-
Dividends
-
39 390
-
-
withholding
-
11 817
-
-
total
-
11 817
-
-
Income
50 500
50 500
50 500
50 500
Total tax
33 855
22 927
23 533
25 326
After tax
16 645
27 573
26 967
25 174
Living cost
38 796
38 796
38 796
38 796
Free-cash
-22 151
-11 223
-11 829
-13 622

Estimated living cost  is ₽38796 per week

₽25712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11983
₽1578
₽549
₽1371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 775
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.

-
-
-
262
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.

-
-
-
6 501
trade
-
-
-
1 029
total
-
-
-
12 567
Employee

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

48 259
-
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.

228
-
262
-
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.

4 146
-
4 775
-
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.

6 501
-
6 501
-
total
10 875
-
11 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 241
50 500
-
-
income
336
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.

18
417
-
-
chamber of commerce
148
217
-
-
trade
368
8 307
-
-
total
870
16 517
-
-
Dividends
1 371
33 983
-
-
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.

-
448
-
-
withholding
-
8 134
-
-
total
-
8 582
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 745
25 099
11 538
12 567
After tax
38 755
25 401
38 962
37 933
Living cost
37 384
37 384
37 384
37 384
Free-cash
1 371
-11 983
1 578
549

Estimated living cost  is ₽37384 per week

₽25002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1884
₽2803
₽9245
₽2409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 224
social contributions
-
-
-
7 877
health
-
-
-
1 288
total
-
-
-
10 389
Employee
73 175
73 175
73 175
-
social contributions
3 556
6 073
3 805
-
income
7 684
6 774
7 592
-
health
728
1 244
780
-
total
11 968
14 091
12 177
-
Employer
73 175
73 175
73 175
-
health
793
1 354
849
-
social contributions
3 556
6 073
3 805
-
total
4 349
7 427
4 654
-
Corporate
3 318
-
-
-
income
415
-
-
-
total
415
-
-
-
Dividends
2 903
-
-
-
withholding
493
-
-
-
total
493
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 225
21 518
16 831
10 389
After tax
33 275
28 982
33 669
40 111
Living cost
30 866
30 866
30 866
30 866
Free-cash
2 409
-1 884
2 803
9 245

Estimated living cost  is ₽30866 per week

₽21100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11257
₽11917
₽17626
₽11619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
6 174
unemployment
-
-
-
757
health
-
-
-
3 535
pensions
-
-
-
5 050
total
-
-
-
15 516
Employee

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

The minimum wage is 138,000 HUF per month.

25 057
9 972
42 259
-
unemployment
376
150
634
-
pensions
2 506
997
4 226
-
income
3 063
1 219
5 166
-
health
1 754
698
2 958
-
total
7 699
3 064
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.

25 057
9 972
42 259
-
pensions
4 886
1 945
8 241
-
total
4 886
1 945
8 241
-
Corporate
20 557
38 583
-
-
income
1 850
3 472
-
-
total
1 850
3 472
-
-
Dividends
18 707
35 111
-
-
social contributions
3 534
6 733
-
-
withholding
3 554
6 671
-
-
total
7 088
13 404
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 523
21 885
21 225
15 516
After tax
28 977
28 615
29 275
34 984
Living cost
17 358
17 358
17 358
17 358
Free-cash
11 619
11 257
11 917
17 626

Estimated living cost  is ₽17358 per week

₽11846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17415
₽7136
₽5381
₽11503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 470
health
-
-
-
6 564
pensions
-
-
-
10 100
total
-
-
-
22 134
Employee
26 996
-
37 743
-
unemployment
432
-
603
-
pensions
540
-
755
-
income
3 039
-
6 263
-
total
4 011
-
7 621
-
Employer
26 996
-
37 743
-
health
3 509
-
4 907
-
pensions
5 400
-
7 549
-
unemployment
217
-
302
-
total
9 126
-
12 758
-
Corporate
14 379
50 500
-
-
income
2 875
10 100
-
-
total
2 875
10 100
-
-
Dividends
11 504
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
16 012
10 100
20 379
22 134
After tax
34 488
40 400
30 121
28 366
Living cost
22 985
22 985
22 985
22 985
Free-cash
11 503
17 415
7 136
5 381

Estimated living cost  is ₽22985 per week

₽15765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
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.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17057
₽5521
₽13802
₽848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
243
income
-
-
-
8 855
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
15 550
Employee
33 267
-
41 950
-
pensions
3 746
-
4 723
-
income
4 564
-
5 755
-
health
3 809
-
4 803
-
total
12 119
-
15 281
-
Employer
33 267
-
41 950
-
pensions
5 409
-
6 821
-
accident
555
-
701
-
unemployment
815
-
1 028
-
total
6 779
-
8 550
-
Corporate
10 453
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.

9 407
45 450
-
-
total
9 407
45 450
-
-
Dividends
1 045
5 050
-
-
withholding
199
959
-
-
total
199
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 504
46 409
23 831
15 550
After tax
21 996
4 091
26 669
34 950
Living cost
21 148
21 148
21 148
21 148
Free-cash
848
-17 057
5 521
13 802

Estimated living cost  is ₽21148 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40160
₽32585
₽42180
₽38695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 768
-
50 500
-
income
1 953
-
10 100
-
total
1 953
-
10 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

40 732
50 500
-
-
total
-
-
-
-
Dividends
40 732
50 500
-
-
withholding
2 037
2 525
-
-
total
2 037
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
3 990
2 525
10 100
505
After tax
46 510
47 975
40 400
49 995
Living cost
7 815
7 815
7 815
7 815
Free-cash
38 695
40 160
32 585
42 180

Estimated living cost  is ₽7815 per week

₽4843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11747
₽4243
₽1989
₽5317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
6 414
other
-
-
-
2 398
health
-
-
-
2 221
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.

-
-
-
12 121
total
-
-
-
23 154
Employee
34 552
-
40 335
-
unemployment
345
-
403
-
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.

2 418
-
2 823
-
income
5 949
-
6 944
-
health
484
-
565
-
total
9 196
-
10 735
-
Employer
34 552
-
40 335
-
health
484
-
565
-
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.

5 875
-
6 857
-
accident
276
-
323
-
unemployment
345
-
403
-
other
1 728
-
2 017
-
total
8 708
-
10 165
-
Corporate
7 240
50 500
-
-
income
1 521
10 604
-
-
total
1 521
10 604
-
-
Dividends
5 719
39 896
-
-
withholding
401
2 792
-
-
total
401
2 792
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 826
13 396
20 900
23 154
After tax
30 674
37 104
29 600
27 346
Living cost
25 357
25 357
25 357
25 357
Free-cash
5 317
11 747
4 243
1 989

Estimated living cost  is ₽25357 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25223
-₽30025
-₽25039
-₽50953
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 507
pensions
-
-
-
2 970
total
-
-
-
12 477
Employee
89 223
-
45 186
-
pensions
8 608
-
3 323
-
income
16 083
-
8 259
-
health
1 470
-
567
-
total
26 161
-
12 149
-
Employer
89 223
-
45 186
-
health
1 695
-
858
-
pensions
10 535
-
4 456
-
total
12 230
-
5 314
-
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.

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
38 391
12 661
17 463
12 477
After tax
12 109
37 839
33 037
38 023
Living cost
63 062
63 062
63 062
63 062
Free-cash
-50 953
-25 223
-30 025
-25 039

Estimated living cost  is ₽63062 per week

₽47254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30694
₽22277
₽21562
₽26270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 575
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
16 455
Employee
16 530
-
43 975
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 451
-
2 920
-
income
1 653
-
4 397
-
health
760
-
1 530
-
total
4 046
-
9 213
-
Employer
16 530
-
43 975
-
health
1 141
-
2 295
-
pensions

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

1 822
-
3 665
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 244
-
6 526
-
Corporate
30 727
50 500
-
-
income
3 073
5 050
-
-
total
3 073
5 050
-
-
Dividends
27 654
45 450
-
-
withholding
1 383
2 273
-
-
total
1 383
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 746
7 323
15 739
16 455
After tax
38 754
43 177
34 761
34 045
Living cost
12 484
12 484
12 484
12 484
Free-cash
26 270
30 694
22 277
21 562

Estimated living cost  is ₽12484 per week

₽7288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51562
-₽56903
-₽23856
-₽53176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 743
health
-
-
-
7 753
pensions
-
-
-
9 091
total
-
-
-
21 587
Employee
88 227
81 265
81 265
-
pensions
11 150
11 150
14 628
-
income

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

13 302
13 302
13 302
-
health
11 007
10 610
12 473
-
total
35 459
35 062
40 403
-
Employer
88 227
81 265
81 265
-
health
6 131
5 649
5 649
-
pensions
6 140
5 656
5 656
-
unemployment
3 177
2 926
2 926
-
total
15 448
14 231
14 231
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
50 907
49 293
54 634
21 587
After tax
-407
1 207
-4 134
28 913
Living cost
52 769
52 769
52 769
52 769
Free-cash
-53 176
-51 562
-56 903
-23 856

Estimated living cost  is ₽52769 per week

₽38926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11112
₽1969
₽939
₽2673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 340
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
health
-
-
-
6 818
total
-
-
-
25 904
Employee
34 790
-
37 687
-
solidarity contribution
-
-
-
-
social contributions
2 261
-
2 450
-
income
4 175
-
4 522
-
health
4 697
-
5 088
-
total
11 133
-
12 060
-
Employer
34 790
-
37 687
-
health
3 131
-
3 392
-
social contributions
8 697
-
9 422
-
total
11 828
-
12 814
-
Corporate
3 882
50 500
-
-
income
737
9 595
-
-
total
737
9 595
-
-
Dividends
3 144
40 905
-
-
withholding
472
6 136
-
-
total
472
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 170
15 731
24 874
25 904
After tax
26 330
34 769
25 626
24 596
Living cost
23 657
23 657
23 657
23 657
Free-cash
2 673
11 112
1 969
939

Estimated living cost  is ₽23657 per week

₽16432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽5076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13210
-₽15338
-₽12485
-₽34075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 988
regional
-
-
-
498
municipal
-
-
-
300
national
-
-
-
9 044
total
-
-
-
22 830
Employee
84 574
-
50 500
-
municipal
448
-
267
-
national
14 655
-
7 953
-
regional
798
-
434
-
social contributions
28 519
-
17 029
-
total
44 420
-
25 683
-
Employer
84 574
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
1 970
-
-
nationa
-
12 119
-
-
total
-
14 089
-
-
Dividends
-
36 410
-
-
withholding
-
9 466
-
-
total
-
9 466
-
-
Income
50 500
50 500
50 500
50 500
Total tax
44 420
23 555
25 683
22 830
After tax
6 080
26 945
24 817
27 670
Living cost
40 155
40 155
40 155
40 155
Free-cash
-34 075
-13 210
-15 338
-12 485

Estimated living cost  is ₽40155 per week

₽27991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10765
₽6683
₽7894
₽7803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 363
other
-
-
-
-
surtax
-
-
-
341
unemployment
-
-
-
217
health
-
-
-
3 586
pensions
-
-
-
10 100
total
-
-
-
21 607
Employee
31 470
-
41 718
-
other
-
-
-
-
unemployment
2 191
-
2 904
-
pensions
2 098
-
2 783
-
surtax
103
-
293
-
income
5 275
-
6 994
-
health
804
-
1 064
-
total
10 471
-
14 038
-
Employer
31 470
-
41 718
-
health
1 432
-
1 898
-
pensions
4 195
-
5 560
-
unemployment
997
-
1 322
-
other
-
-
-
-
total
6 624
-
8 780
-
Corporate
12 406
50 500
-
-
income
3 225
13 131
-
-
total
3 225
13 131
-
-
Dividends
9 181
37 369
-
-
withholding
1 378
5 605
-
-
total
1 378
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 698
18 736
22 818
21 607
After tax
28 802
31 764
27 682
28 893
Living cost
20 999
20 999
20 999
20 999
Free-cash
7 803
10 765
6 683
7 894

Estimated living cost  is ₽20999 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5243
-₽10045
-₽5059
-₽16903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 507
pensions
-
-
-
2 970
total
-
-
-
12 477
Employee
59 795
-
45 186
-
pensions
5 075
-
3 323
-
income
10 769
-
8 259
-
health
868
-
567
-
total
16 712
-
12 149
-
Employer
59 795
-
45 186
-
health
1 136
-
858
-
pensions
6 473
-
4 456
-
total
7 609
-
5 314
-
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.

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 321
12 661
17 463
12 477
After tax
26 179
37 839
33 037
38 023
Living cost
43 082
43 082
43 082
43 082
Free-cash
-16 903
-5 243
-10 045
-5 059

Estimated living cost  is ₽43082 per week

₽32277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52442
-₽35326
-₽32584
-₽46314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 011
regional
-
-
-
991
health
-
-
-
246
city
-
-
-
532
national
-
-
-
126
pensions
-
-
-
4 644
total
-
-
-
7 550
Employee
88 394
-
45 113
-
unemployment
-
-
-
-
pensions
7 426
-
3 888
-
national
418
-
97
-
regional
2 894
-
832
-
city
949
-
483
-
health
200
-
101
-
total
11 887
-
5 401
-
Employer
88 394
-
45 113
-
health
200
-
101
-
pensions
7 426
-
3 888
-
unemployment
-
-
-
-
other

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

1 767
-
902
-
total
9 393
-
4 891
-
Corporate
-
50 500
-
-
regional
-
10 682
-
-
national
-
4 293
-
-
total
-
14 975
-
-
Dividends
-
35 525
-
-
withholding
-
12 433
-
-
total
-
12 433
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 280
27 408
10 292
7 550
After tax
29 220
23 092
40 208
42 950
Living cost
75 534
75 534
75 534
75 534
Free-cash
-46 314
-52 442
-35 326
-32 584

Estimated living cost  is ₽75534 per week

₽49119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽927
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18452
-₽4632
-₽5705
-₽6690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 775
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.

-
-
-
262
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.

-
-
-
6 501
trade
-
-
-
1 073
total
-
-
-
12 611
Employee

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

57 191
-
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.

370
-
262
-
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.

6 725
-
4 775
-
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.

6 501
-
6 501
-
total
13 596
-
11 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
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
-
215
-
-
trade
-
8 661
-
-
total
-
16 869
-
-
Dividends
-
33 631
-
-
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
-
-
withholding
-
8 047
-
-
total
-
8 489
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 596
25 358
11 538
12 611
After tax
36 904
25 142
38 962
37 889
Living cost
43 594
43 594
43 594
43 594
Free-cash
-6 690
-18 452
-4 632
-5 705

Estimated living cost  is ₽43594 per week

₽31840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7106
-₽1654
-₽2202
-₽2947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 053
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 437
health
-
-
-
439
pensions
-
-
-
14 649
total
-
-
-
20 144
Employee
40 728
-
38 482
-
pensions
4 605
-
4 350
-
surtax
-
-
-
-
social contributions
1 161
-
1 096
-
income
2 404
-
2 133
-
total
8 170
-
7 579
-
Employer
40 728
-
38 482
-
health
2 851
-
2 694
-
pensions
6 691
-
6 322
-
unemployment
1 649
-
1 558
-
social contributions
123
-
116
-
other
1 405
-
1 327
-
total
12 719
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
surtax
-
-
-
-
social contributions
-
6 254
-
-
withholding
-
4 654
-
-
total
-
10 908
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 889
25 048
19 596
20 144
After tax
29 611
25 452
30 904
30 356
Living cost
32 558
32 558
32 558
32 558
Free-cash
-2 947
-7 106
-1 654
-2 202

Estimated living cost  is ₽32558 per week

₽20529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3880
₽1572
₽1024
₽1408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 053
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 437
health
-
-
-
439
pensions
-
-
-
14 649
total
-
-
-
20 144
Employee
36 355
-
38 482
-
pensions
4 112
-
4 350
-
surtax
-
-
-
-
social contributions
1 037
-
1 096
-
income
1 875
-
2 133
-
total
7 024
-
7 579
-
Employer
36 355
-
38 482
-
health
2 544
-
2 694
-
pensions
5 974
-
6 322
-
unemployment
1 472
-
1 558
-
social contributions
108
-
116
-
other
1 255
-
1 327
-
total
11 353
-
12 017
-
Corporate
2 791
50 500
-
-
income
782
14 140
-
-
surtax
-
-
-
-
total
782
14 140
-
-
Dividends
2 009
36 360
-
-
surtax
-
-
-
-
social contributions
345
6 254
-
-
withholding
256
4 654
-
-
total
601
10 908
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 760
25 048
19 596
20 144
After tax
30 740
25 452
30 904
30 356
Living cost
29 332
29 332
29 332
29 332
Free-cash
1 408
-3 880
1 572
1 024

Estimated living cost  is ₽29332 per week

₽17011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10632
₽10250
₽12251
₽11122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 576
social contributions
-
-
-
6 969
health
-
-
-
3 525
total
-
-
-
18 070
Employee
32 266
-
50 500
-
social contributions
4 453
-
6 969
-
income
5 382
-
9 577
-
health
2 252
-
3 525
-
total
12 087
-
20 071
-
Employer
32 266
-
50 500
-
total
-
-
-
-
Corporate
18 234
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%.

912
2 525
-
-
total
912
2 525
-
-
Dividends
17 322
47 975
-
-
social contributions
2 391
6 620
-
-
withholding
2 599
7 196
-
-
health
1 210
3 348
-
-
total
6 200
17 164
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 199
19 689
20 071
18 070
After tax
31 301
30 811
30 429
32 430
Living cost
20 179
20 179
20 179
20 179
Free-cash
11 122
10 632
10 250
12 251

Estimated living cost  is ₽20179 per week

₽13504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4860
-₽13433
-₽5362
-₽11835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 898
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
202
health
-
-
-
3 863
pensions
-
-
-
9 342
total
-
-
-
22 330
Employee
47 558
37 924
39 067
-
other
475
379
390
-
unemployment
1 427
1 138
1 172
-
pensions
4 870
3 883
4 000
-
income
5 414
2 797
3 032
-
health
1 840
1 468
1 512
-
total
14 026
9 665
10 106
-
Employer
47 558
37 924
39 067
-
chamber of commerce
190
152
157
-
health
1 797
1 434
1 477
-
pensions
5 968
4 760
4 903
-
accident
618
493
507
-
unemployment
1 427
1 138
1 172
-
surtax
188
188
188
-
payroll
1 427
1 138
1 172
-
other
2 259
1 800
1 856
-
total
13 874
11 103
11 432
-
Corporate
3 612
3 612
35 455
-
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.

903
903
8 863
-
total
903
903
8 863
-
Dividends
-
571
-
-
withholding
-
157
-
-
total
-
157
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 803
21 828
30 401
22 330
After tax
21 697
28 672
20 099
28 170
Living cost
33 532
33 532
33 532
33 532
Free-cash
-11 835
-4 860
-13 433
-5 362

Estimated living cost  is ₽33532 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6212
-₽12747
-₽6929
-₽37383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 702
social contributions
-
-
-
5 466
national
-
-
-
14 564
total
-
-
-
22 732
Employee

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

68 070
-
39 114
-
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.

592
-
340
-
communal

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

3 550
-
2 041
-
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.

5 105
-
2 933
-
national
20 927
-
10 013
-
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.

3 198
-
1 838
-
total
33 372
-
17 165
-
Employer

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

68 070
-
39 114
-
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.

4 186
-
2 405
-
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.

6 032
-
3 465
-
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.

885
-
509
-
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.

993
-
571
-
surtax
7 718
-
4 435
-
total
19 814
-
11 385
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
surtax
-
202
-
-
total
-
10 302
-
-
Dividends
-
40 197
-
-
withholding

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

-
11 713
-
-
total
-
11 713
-
-
Income
50 500
50 500
50 500
50 500
Total tax
53 186
22 015
28 550
22 732
After tax
-2 686
28 485
21 950
27 768
Living cost
34 697
34 697
34 697
34 697
Free-cash
-37 383
-6 212
-12 747
-6 929

Estimated living cost  is ₽34697 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽241
-₽5988
-₽6379
-₽11969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
income
-
-
-
7 360
other
-
-
-
51
unemployment
-
-
-
354
pensions
-
-
-
14 292
total
-
-
-
22 512
Employee
47 369
-
38 294
-
other
47
-
38
-
unemployment
735
-
594
-
pensions
2 227
-
1 800
-
income
9 995
-
7 483
-
total
13 004
-
9 915
-
Employer
47 369
-
38 294
-
pensions
11 178
-
9 037
-
accident
937
-
758
-
unemployment
2 606
-
2 106
-
other
377
-
305
-
total
15 098
-
12 206
-
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
-
8 798
-
-
total
-
8 798
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 102
16 374
22 121
22 512
After tax
22 398
34 126
28 379
27 988
Living cost
34 367
34 367
34 367
34 367
Free-cash
-11 969
-241
-5 988
-6 379

Estimated living cost  is ₽34367 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽19944
-₽17026
-₽18030
-₽30174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
455
income
-
-
-
1 820
surtax
-
-
-
2 673
health
-
-
-
3 787
pensions
-
-
-
8 080
total
-
-
-
16 815
Employee
72 066
-
45 088
-
pensions
5 764
-
3 623
-
surtax
4 417
-
2 761
-
income
6 961
-
1 999
-
health
3 207
-
2 015
-
total
20 349
-
10 398
-
Employer
72 066
-
45 088
-
health
2 198
-
1 382
-
pensions
5 764
-
3 623
-
accident
648
-
408
-
total
8 610
-
5 413
-
Corporate
-
50 500
-
-
communal
-
3 410
-
-
income
-
7 576
-
-
surtax
-
531
-
-
total
-
11 517
-
-
Dividends
-
38 984
-
-
income
-
1 365
-
-
withholding
-
5 847
-
-
total
-
7 212
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 959
18 729
15 811
16 815
After tax
21 541
31 771
34 689
33 685
Living cost
51 715
51 715
51 715
51 715
Free-cash
-30 174
-19 944
-17 026
-18 030

Estimated living cost  is ₽51715 per week

₽38794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10389
₽6307
₽7518
₽7362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 363
other
-
-
-
-
surtax
-
-
-
341
unemployment
-
-
-
217
health
-
-
-
3 586
pensions
-
-
-
10 100
total
-
-
-
21 607
Employee
32 047
-
41 718
-
other
-
-
-
-
unemployment
2 230
-
2 904
-
pensions
2 138
-
2 783
-
surtax
114
-
293
-
income
5 373
-
6 994
-
health
818
-
1 064
-
total
10 673
-
14 038
-
Employer
32 047
-
41 718
-
health
1 457
-
1 898
-
pensions
4 273
-
5 560
-
unemployment
1 017
-
1 322
-
other
-
-
-
-
total
6 747
-
8 780
-
Corporate
11 706
50 500
-
-
income
3 043
13 131
-
-
total
3 043
13 131
-
-
Dividends
8 663
37 369
-
-
withholding
1 300
5 605
-
-
total
1 300
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 763
18 736
22 818
21 607
After tax
28 737
31 764
27 682
28 893
Living cost
21 375
21 375
21 375
21 375
Free-cash
7 362
10 389
6 307
7 518

Estimated living cost  is ₽21375 per week

₽12905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽910
-₽1064
₽1772
-₽2290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 988
regional
-
-
-
761
municipal
-
-
-
300
national
-
-
-
9 044
total
-
-
-
23 093
Employee
52 788
-
50 500
-
municipal
280
-
267
-
national
8 363
-
7 953
-
regional
711
-
680
-
social contributions
17 801
-
17 029
-
total
27 155
-
25 929
-
Employer
52 788
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
2 510
-
-
nationa
-
12 119
-
-
total
-
14 629
-
-
Dividends
-
35 871
-
-
withholding
-
9 326
-
-
total
-
9 326
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 155
23 955
25 929
23 093
After tax
23 345
26 545
24 571
27 407
Living cost
25 635
25 635
25 635
25 635
Free-cash
-2 290
910
-1 064
1 772

Estimated living cost  is ₽25635 per week

₽15942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5617
-₽3526
-₽4556
-₽6946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 340
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
health
-
-
-
6 818
total
-
-
-
25 904
Employee
42 870
-
37 687
-
solidarity contribution
-
-
-
-
social contributions
2 787
-
2 450
-
income
5 144
-
4 522
-
health
5 787
-
5 088
-
total
13 718
-
12 060
-
Employer
42 870
-
37 687
-
health
3 858
-
3 392
-
social contributions
10 718
-
9 422
-
total
14 576
-
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
28 294
15 731
24 874
25 904
After tax
22 206
34 769
25 626
24 596
Living cost
29 152
29 152
29 152
29 152
Free-cash
-6 946
5 617
-3 526
-4 556

Estimated living cost  is ₽29152 per week

₽21679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
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.
₽5353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1552
-₽10211
-₽2002
-₽3973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 898
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
202
health
-
-
-
3 863
pensions
-
-
-
9 342
total
-
-
-
22 142
Employee
41 598
37 924
39 215
-
other
415
379
392
-
unemployment
1 248
1 138
1 176
-
pensions
4 260
3 883
4 016
-
income
3 706
2 797
3 063
-
health
1 609
1 468
1 517
-
total
11 238
9 665
10 164
-
Employer
41 598
37 924
39 215
-
chamber of commerce
166
152
157
-
health
1 573
1 434
1 483
-
pensions
5 221
4 760
4 921
-
accident
540
493
509
-
unemployment
1 248
1 138
1 176
-
surtax
-
-
-
-
payroll
1 248
1 138
1 176
-
other
1 976
1 800
1 864
-
total
11 972
10 915
11 286
-
Corporate
3 612
3 612
35 603
-
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.

903
903
8 901
-
total
903
903
8 901
-
Dividends
-
759
-
-
withholding
-
209
-
-
total
-
209
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 113
21 692
30 351
22 142
After tax
26 387
28 808
20 149
28 358
Living cost
30 360
30 360
30 360
30 360
Free-cash
-3 973
-1 552
-10 211
-2 002

Estimated living cost  is ₽30360 per week

₽18212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35797
₽28223
₽37818
₽33513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 222
-
50 500
-
income
3 045
-
10 100
-
total
3 045
-
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%.

35 278
50 500
-
-
total
-
-
-
-
Dividends
35 278
50 500
-
-
withholding
1 764
2 525
-
-
total
1 764
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 809
2 525
10 100
505
After tax
45 691
47 975
40 400
49 995
Living cost
12 178
12 178
12 178
12 178
Free-cash
33 513
35 797
28 223
37 818

Estimated living cost  is ₽12178 per week

₽8241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9244
₽917
₽2517
₽1283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
50 500
income
-
-
-
8 189
unemployment
-
-
-
76
health
-
-
-
4 970
pensions
-
-
-
9 223
total
-
-
-
22 458
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.

42 081
-
43 697
-
unemployment
60
-
61
-
pensions
6 523
-
6 774
-
income
7 257
-
7 598
-
health
2 718
-
2 823
-
total
16 558
-
17 256
-
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.

42 081
-
43 697
-
health
2 803
-
2 909
-
pensions
3 724
-
3 866
-
unemployment
25
-
27
-
total
6 552
-
6 802
-
Corporate
1 867
50 500
-
-
income
354
9 595
-
-
total
354
9 595
-
-
Dividends
1 513
40 905
-
-
withholding
228
6 136
-
-
total
228
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 692
15 731
24 058
22 458
After tax
26 808
34 769
26 442
28 042
Living cost
25 525
25 525
25 525
25 525
Free-cash
1 283
9 244
917
2 517

Estimated living cost  is ₽25525 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10467
-₽3249
-₽6292
-₽91838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 844
social contributions
-
-
-
5 757
total
-
-
-
15 601
Employee
59 061
-
-
-
social contributions
4 843
-
690
-
income
13 028
-
-
-
total
17 871
-
690
-
Employer
59 061
-
-
-
social contributions
83 276
-
11 868
-
total
83 276
-
11 868
-
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
101 147
19 776
12 558
15 601
After tax
-50 647
30 724
37 942
34 899
Living cost
41 191
41 191
41 191
41 191
Free-cash
-91 838
-10 467
-3 249
-6 292

Estimated living cost  is ₽41191 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1124
-₽1729
-₽540
-₽3662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 641
surtax
-
-
-
-
social contributions

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

-
-
-
17 550
total
-
-
-
21 191
Employee
43 767
-
40 808
-
surtax
-
-
-
-
social contributions
4 814
-
4 489
-
income
9 104
-
8 199
-
total
13 918
-
12 688
-
Employer
43 767
-
40 808
-
social contributions
10 395
-
9 692
-
total
10 395
-
9 692
-
Corporate
-
50 500
-
-
income
-
10 604
-
-
surtax
-
-
-
-
total
-
10 604
-
-
Dividends
-
39 896
-
-
withholding
-
11 171
-
-
total
-
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 313
21 775
22 380
21 191
After tax
26 187
28 725
28 120
29 309
Living cost
29 849
29 849
29 849
29 849
Free-cash
-3 662
-1 124
-1 729
-540

Estimated living cost  is ₽29849 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20510
-₽15058
-₽15606
-₽27716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 053
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 437
health
-
-
-
439
pensions
-
-
-
14 649
total
-
-
-
20 144
Employee
59 602
-
38 482
-
pensions
6 741
-
4 350
-
surtax
-
-
-
-
social contributions
1 698
-
1 096
-
income
5 200
-
2 133
-
total
13 639
-
7 579
-
Employer
59 602
-
38 482
-
health
4 172
-
2 694
-
pensions
9 793
-
6 322
-
unemployment
2 414
-
1 558
-
social contributions
179
-
116
-
other
2 057
-
1 327
-
total
18 615
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
surtax
-
-
-
-
social contributions
-
6 254
-
-
withholding
-
4 654
-
-
total
-
10 908
-
-
Income
50 500
50 500
50 500
50 500
Total tax
32 254
25 048
19 596
20 144
After tax
18 246
25 452
30 904
30 356
Living cost
45 962
45 962
45 962
45 962
Free-cash
-27 716
-20 510
-15 058
-15 606

Estimated living cost  is ₽45962 per week

₽31106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16846
₽12277
₽10785
₽13648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 594
-
43 723
-
income
-
-
-
-
social contributions
1 988
-
2 841
-
total
1 988
-
2 841
-
Employer
30 594
-
43 723
-
social contributions
4 742
-
6 777
-
total
4 742
-
6 777
-
Corporate
15 164
50 500
-
-
income
1 517
5 049
-
-
total
1 517
5 049
-
-
Dividends
13 647
45 451
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 247
5 049
9 618
11 110
After tax
42 253
45 451
40 882
39 390
Living cost
28 605
28 605
28 605
28 605
Free-cash
13 648
16 846
12 277
10 785

Estimated living cost  is ₽28605 per week

₽18496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽156657
-₽156657
-₽12745
-₽156657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
3 974
municipal
-
-
-
7 981
national
-
-
-
4 676
pensions
-
-
-
824
total
-
-
-
17 455
Employee
193 270
193 270
193 270
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 611
23 611
23 611
-
total
80 482
80 482
80 482
-
Employer
193 270
193 270
193 270
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 221
41 221
41 221
-
total
80 885
80 885
80 885
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
161 367
161 367
161 367
17 455
After tax
-110 867
-110 867
-110 867
33 045
Living cost
45 790
45 790
45 790
45 790
Free-cash
-156 657
-156 657
-156 657
-12 745

Estimated living cost  is ₽45790 per week

₽31339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16745
₽5833
₽14114
₽895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
243
income
-
-
-
8 855
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
15 550
Employee
32 777
-
41 950
-
pensions
3 691
-
4 723
-
income
4 497
-
5 755
-
health
3 753
-
4 803
-
total
11 941
-
15 281
-
Employer
32 777
-
41 950
-
pensions
5 329
-
6 821
-
accident
547
-
701
-
unemployment
803
-
1 028
-
total
6 679
-
8 550
-
Corporate
11 043
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.

9 939
45 450
-
-
total
9 939
45 450
-
-
Dividends
1 104
5 050
-
-
withholding
210
959
-
-
total
210
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 769
46 409
23 831
15 550
After tax
21 731
4 091
26 669
34 950
Living cost
20 836
20 836
20 836
20 836
Free-cash
895
-16 745
5 833
14 114

Estimated living cost  is ₽20836 per week

₽15166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1589
-₽5196
₽3188
-₽9014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
health
-
-
-
381
municipal
-
-
-
9 022
national
-
-
-
1 374
total
-
-
-
10 777
Employee
50 067
-
42 482
-
municipal
8 201
-
6 969
-
unemployment
751
-
637
-
pensions
3 379
-
2 868
-
national
827
-
415
-
health
374
-
256
-
total
13 532
-
11 145
-
Employer
50 067
-
42 482
-
health
385
-
327
-
pensions
8 686
-
7 370
-
accident
51
-
43
-
unemployment
325
-
276
-
total
9 447
-
8 016
-
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
-
5 454
-
-
national
-
-
-
-
total
-
5 454
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 979
15 554
19 161
10 777
After tax
27 521
34 946
31 339
39 723
Living cost
36 535
36 535
36 535
36 535
Free-cash
-9 014
-1 589
-5 196
3 188

Estimated living cost  is ₽36535 per week

₽23865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6949
₽11636
₽18078
₽10009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 224
social contributions
-
-
-
7 877
health
-
-
-
1 288
total
-
-
-
10 389
Employee
73 175
73 175
73 175
-
social contributions
2 767
6 073
3 805
-
income
7 968
6 774
7 592
-
health
567
1 244
780
-
total
11 302
14 091
12 177
-
Employer
73 175
73 175
73 175
-
health
616
1 354
849
-
social contributions
2 767
6 073
3 805
-
total
3 383
7 427
4 654
-
Corporate
13 784
-
-
-
income
1 723
-
-
-
total
1 723
-
-
-
Dividends
12 061
-
-
-
withholding
2 050
-
-
-
total
2 050
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 458
21 518
16 831
10 389
After tax
32 042
28 982
33 669
40 111
Living cost
22 033
22 033
22 033
22 033
Free-cash
10 009
6 949
11 636
18 078

Estimated living cost  is ₽22033 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26711
₽16197
₽21695
₽21870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
50 500
income
-
-
-
4 172
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 053
total
-
-
-
13 696
Employee

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

21 843
-
45 785
-
unemployment
108
-
229
-
pensions
3 276
-
6 868
-
income
1 493
-
3 491
-
health
1 856
-
3 892
-
total
6 733
-
14 480
-
Employer

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

21 843
-
45 785
-
health
939
-
1 968
-
pensions
1 201
-
2 517
-
unemployment
108
-
229
-
total
2 248
-
4 714
-
Corporate
26 409
50 500
-
-
income
2 377
4 545
-
-
total
2 377
4 545
-
-
Dividends
24 032
45 955
-
-
withholding
2 163
4 135
-
-
total
2 163
4 135
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 521
8 680
19 194
13 696
After tax
36 979
41 820
31 306
36 804
Living cost
15 109
15 109
15 109
15 109
Free-cash
21 870
26 711
16 197
21 695

Estimated living cost  is ₽15109 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽7957
₽2210
₽1819
₽2821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
income
-
-
-
7 360
other
-
-
-
51
unemployment
-
-
-
354
pensions
-
-
-
14 292
total
-
-
-
22 512
Employee
35 187
-
38 294
-
other
34
-
38
-
unemployment
545
-
594
-
pensions
1 654
-
1 800
-
income
6 784
-
7 483
-
total
9 017
-
9 915
-
Employer
35 187
-
38 294
-
pensions
8 303
-
9 037
-
accident
697
-
758
-
unemployment
1 936
-
2 106
-
other
282
-
305
-
total
11 218
-
12 206
-
Corporate
4 095
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.

614
7 576
-
-
total
614
7 576
-
-
Dividends
3 481
42 924
-
-
withholding
661
8 798
-
-
total
661
8 798
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 510
16 374
22 121
22 512
After tax
28 990
34 126
28 379
27 988
Living cost
26 169
26 169
26 169
26 169
Free-cash
2 821
7 957
2 210
1 819

Estimated living cost  is ₽26169 per week

₽17663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29648
₽29733
₽29866
₽29343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 424
health
-
-
-
986
pensions
-
-
-
1 360
total
-
-
-
18 770
Employee
2 839
-
48 970
-
unemployment
28
-
68
-
pensions
255
-
612
-
income
549
-
16 353
-
health
142
-
340
-
total
974
-
17 373
-
Employer
2 839
-
48 970
-
health
270
-
646
-
pensions
312
-
748
-
unemployment
57
-
136
-
total
639
-
1 530
-
Corporate
47 022
50 500
-
-
income
10 345
11 110
-
-
total
10 345
11 110
-
-
Dividends
36 677
39 390
-
-
withholding
7 335
7 878
-
-
total
7 335
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 293
18 988
18 903
18 770
After tax
31 207
31 512
31 597
31 730
Living cost
1 864
1 864
1 864
1 864
Free-cash
29 343
29 648
29 733
29 866

Estimated living cost  is ₽1864 per week

₽1108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20019
₽10814
₽8640
₽15334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
income
-
-
-
6 303
unemployment
-
-
-
758
health
-
-
-
5 202
pensions
-
-
-
13 130
total
-
-
-
25 393
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.

24 831
-
42 833
-
unemployment
186
-
321
-
pensions
3 476
-
5 997
-
income
3 423
-
7 028
-
health
1 279
-
2 206
-
total
8 364
-
15 552
-
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.

24 831
-
42 833
-
health
1 279
-
2 206
-
pensions
2 980
-
5 140
-
unemployment
186
-
321
-
total
4 445
-
7 667
-
Corporate
21 224
50 500
-
-
income
3 184
7 575
-
-
total
3 184
7 575
-
-
Dividends
18 041
42 925
-
-
withholding
2 706
6 439
-
-
total
2 706
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 699
14 014
23 219
25 393
After tax
31 801
36 486
27 281
25 107
Living cost
16 467
16 467
16 467
16 467
Free-cash
15 334
20 019
10 814
8 640

Estimated living cost  is ₽16467 per week

₽11087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3070
₽2465
₽3654
₽2726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 641
surtax
-
-
-
-
social contributions

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

-
-
-
17 550
total
-
-
-
21 191
Employee
36 935
-
40 808
-
surtax
-
-
-
-
social contributions
4 063
-
4 489
-
income
7 217
-
8 199
-
total
11 280
-
12 688
-
Employer
36 935
-
40 808
-
social contributions
8 771
-
9 692
-
total
8 771
-
9 692
-
Corporate
4 794
50 500
-
-
income
1 008
10 604
-
-
surtax
-
-
-
-
total
1 008
10 604
-
-
Dividends
3 787
39 896
-
-
withholding
1 060
11 171
-
-
total
1 060
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 119
21 775
22 380
21 191
After tax
28 381
28 725
28 120
29 309
Living cost
25 655
25 655
25 655
25 655
Free-cash
2 726
3 070
2 465
3 654

Estimated living cost  is ₽25655 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽682
-₽5065
-₽5456
-₽10112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
455
income
-
-
-
7 360
other
-
-
-
51
unemployment
-
-
-
354
pensions
-
-
-
14 292
total
-
-
-
22 512
Employee
45 959
-
38 294
-
other
45
-
38
-
unemployment
712
-
594
-
pensions
2 160
-
1 800
-
income
9 599
-
7 483
-
total
12 516
-
9 915
-
Employer
45 959
-
38 294
-
pensions
10 846
-
9 037
-
accident
910
-
758
-
unemployment
2 528
-
2 106
-
other
368
-
305
-
total
14 652
-
12 206
-
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
-
8 798
-
-
total
-
8 798
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 168
16 374
22 121
22 512
After tax
23 332
34 126
28 379
27 988
Living cost
33 444
33 444
33 444
33 444
Free-cash
-10 112
682
-5 065
-5 456

Estimated living cost  is ₽33444 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26798
₽18382
₽17666
₽20996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 575
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
16 455
Employee
21 688
-
43 975
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 904
-
2 920
-
income
2 169
-
4 397
-
health
998
-
1 530
-
total
5 309
-
9 213
-
Employer
21 688
-
43 975
-
health
1 497
-
2 295
-
pensions

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

2 390
-
3 665
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
200
-
total
4 255
-
6 526
-
Corporate
24 557
50 500
-
-
income
2 456
5 050
-
-
total
2 456
5 050
-
-
Dividends
22 101
45 450
-
-
withholding
1 105
2 273
-
-
total
1 105
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 125
7 323
15 739
16 455
After tax
37 375
43 177
34 761
34 045
Living cost
16 379
16 379
16 379
16 379
Free-cash
20 996
26 798
18 382
17 666

Estimated living cost  is ₽16379 per week

₽10833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10560
₽2222
₽1324
₽1891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 775
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.

-
-
-
262
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.

-
-
-
6 501
trade
-
-
-
898
total
-
-
-
12 436
Employee

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

47 349
-
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.

215
-
262
-
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.

3 893
-
4 775
-
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.

6 501
-
6 501
-
total
10 609
-
11 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 151
50 500
-
-
income
473
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.

25
417
-
-
chamber of commerce
150
219
-
-
trade
451
7 247
-
-
total
1 099
15 459
-
-
Dividends
2 051
35 042
-
-
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.

9
462
-
-
withholding
152
8 399
-
-
total
161
8 861
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 869
24 320
11 538
12 436
After tax
38 631
26 180
38 962
38 064
Living cost
36 740
36 740
36 740
36 740
Free-cash
1 891
-10 560
2 222
1 324

Estimated living cost  is ₽36740 per week

₽25344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18860
-₽14381
-₽14381
-₽23939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 121
social contributions
-
-
-
3 551
total
-
-
-
10 672
Employee
74 438
-
50 500
-
income
14 046
-
7 121
-
social contributions
6 184
-
3 551
-
total
20 230
-
10 672
-
Employer
74 438
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 313
-
-
total
-
6 313
-
-
Dividends
-
44 187
-
-
withholding
-
8 838
-
-
total
-
8 838
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 230
15 151
10 672
10 672
After tax
30 270
35 349
39 828
39 828
Living cost
54 209
54 209
54 209
54 209
Free-cash
-23 939
-18 860
-14 381
-14 381

Estimated living cost  is ₽54209 per week

₽41241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6643
₽1849
-₽16987
-₽1235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
50 500
income
-
-
-
27 088
health

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

-
-
-
5 855
total
-
-
-
32 943
Employee
43 655
-
46 123
-
income
4 737
-
5 353
-
social contributions
4 374
-
4 377
-
total
9 111
-
9 730
-
Employer
43 655
-
46 123
-
social contributions
4 374
-
4 377
-
total
4 374
-
4 377
-
Corporate
2 471
50 500
-
-
income
865
17 674
-
-
total
865
17 674
-
-
Dividends
1 606
32 826
-
-
social contributions
2 841
4 925
-
-
total
2 841
4 925
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 191
22 599
14 107
32 943
After tax
33 309
27 901
36 393
17 557
Living cost
34 544
34 544
34 544
34 544
Free-cash
-1 235
-6 643
1 849
-16 987

Estimated living cost  is ₽34544 per week

₽22754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2814
-₽1988
₽2998
-₽3347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 507
pensions
-
-
-
2 970
total
-
-
-
12 477
Employee
48 076
-
45 186
-
pensions
3 669
-
3 323
-
income
8 755
-
8 259
-
health
627
-
567
-
total
13 051
-
12 149
-
Employer
48 076
-
45 186
-
health
914
-
858
-
pensions
4 857
-
4 456
-
total
5 771
-
5 314
-
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.

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 067
-
-
total
-
3 067
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 822
12 661
17 463
12 477
After tax
31 678
37 839
33 037
38 023
Living cost
35 025
35 025
35 025
35 025
Free-cash
-3 347
2 814
-1 988
2 998

Estimated living cost  is ₽35025 per week

₽24027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18808
₽3770
₽12051
₽578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
243
income
-
-
-
8 855
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
15 550
Employee
36 021
-
41 950
-
pensions
4 056
-
4 723
-
income
4 942
-
5 755
-
health
4 124
-
4 803
-
total
13 122
-
15 281
-
Employer
36 021
-
41 950
-
pensions
5 857
-
6 821
-
accident
602
-
701
-
unemployment
882
-
1 028
-
total
7 341
-
8 550
-
Corporate
7 138
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.

6 424
45 450
-
-
total
6 424
45 450
-
-
Dividends
714
5 050
-
-
withholding
136
959
-
-
total
136
959
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 023
46 409
23 831
15 550
After tax
23 477
4 091
26 669
34 950
Living cost
22 899
22 899
22 899
22 899
Free-cash
578
-18 808
3 770
12 051

Estimated living cost  is ₽22899 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30080
₽17211
₽17211
₽25455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 557
unemployment
-
-
-
606
work injury
-
-
-
252
health insurance
-
-
-
3 737
pensions
-
-
-
9 292
total
-
-
-
20 444
Employee

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

20 552
-
50 500
-
health insurance
1 521
-
3 737
-
unemployment
247
-
606
-
work injury
103
-
252
-
pensions
3 782
-
9 292
-
income
2 055
-
6 557
-
total
7 708
-
20 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 948
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
29 948
50 500
-
-
withholding
4 492
7 575
-
-
total
4 492
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 200
7 575
20 444
20 444
After tax
38 300
42 925
30 056
30 056
Living cost
12 845
12 845
12 845
12 845
Free-cash
25 455
30 080
17 211
17 211

Estimated living cost  is ₽12845 per week

₽7958
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.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11308
-₽13336
-₽10534
-₽29690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 988
regional
-
-
-
754
municipal
-
-
-
338
national
-
-
-
9 044
total
-
-
-
23 124
Employee
80 190
-
50 500
-
municipal
479
-
302
-
national
13 551
-
7 953
-
regional
1 211
-
642
-
social contributions
27 039
-
17 029
-
total
42 280
-
25 926
-
Employer
80 190
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
2 434
-
-
nationa
-
12 119
-
-
total
-
14 553
-
-
Dividends
-
35 946
-
-
withholding
-
9 345
-
-
total
-
9 345
-
-
Income
50 500
50 500
50 500
50 500
Total tax
42 280
23 898
25 926
23 124
After tax
8 220
26 602
24 574
27 376
Living cost
37 910
37 910
37 910
37 910
Free-cash
-29 690
-11 308
-13 336
-10 534

Estimated living cost  is ₽37910 per week

₽26630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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