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
₽7481
-₽2975
₽10301
₽9271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
trade
-
-
-
1 030
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.

-
-
-
4 837
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.

-
-
-
6 459
surtax

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

-
-
-
266
total
-
-
-
12 592
Employee

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

36 162
-
50 500
-
surtax

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

56
-
266
-
health

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

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

6 459
-
6 459
-
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.

1 010
-
4 837
-
total
7 525
-
11 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 338
50 500
-
-
trade
2 259
7 954
-
-
income
2 151
7 575
-
-
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.

118
416
-
-
chamber of commerce
163
215
-
-
total
4 691
16 160
-
-
Dividends
9 646
34 340
-
-
withholding
2 053
8 226
-
-
surtax

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

113
452
-
-
total
2 166
8 678
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 382
24 838
11 562
12 592
After tax
36 118
25 662
38 938
37 908
Living cost
28 637
28 637
28 637
28 637
Free-cash
7 481
-2 975
10 301
9 271

Estimated living cost  is ₽28637 per week

₽18014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31165
-₽16785
-₽15990
-₽16386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
543
pensions
-
-
-
6 060
municipal
-
-
-
4 701
national
-
-
-
7 285
total
-
-
-
18 589
Employee
74 870
-
43 657
-
national
14 330
-
7 588
-
municipal
9 248
-
4 897
-
pensions
2 995
-
1 746
-
total
26 573
-
14 231
-
Employer
74 870
-
43 657
-
pensions
5 990
-
3 493
-
social contributions
805
-
469
-
total
6 795
-
3 962
-
Corporate
-
50 500
-
-
income

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

-
10 100
-
-
total
-
10 100
-
-
Dividends
-
40 400
-
-
withholding
-
8 888
-
-
total
-
8 888
-
-
Income
50 500
50 500
50 500
50 500
Total tax
33 368
18 988
18 193
18 589
After tax
17 132
31 512
32 307
31 911
Living cost
48 297
48 297
48 297
48 297
Free-cash
-31 165
-16 785
-15 990
-16 386

Estimated living cost  is ₽48297 per week

₽32827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽723
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12974
₽20730
₽9295
₽20278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
social contributions

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

-
-
-
2 977
income
-
-
-
-
microenterprise
-
-
-
7 575
surtax
-
-
-
-
total
-
-
-
10 552
Employee
27 627
-
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.

3 039
-
4 477
-
income
4 918
-
7 254
-
total
7 957
-
11 731
-
Employer
27 627
-
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.

6 655
-
9 804
-
surtax
-
-
-
-
total
6 655
-
9 804
-
Corporate
16 218
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%.

3 244
10 100
-
-
total
3 244
10 100
-
-
Dividends

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

12 974
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 856
10 100
21 535
10 552
After tax
32 644
40 400
28 965
39 948
Living cost
19 670
19 670
19 670
19 670
Free-cash
12 974
20 730
9 295
20 278

Estimated living cost  is ₽19670 per week

₽12549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43387
-₽38079
-₽43387
-₽10694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
4 747
pensions
-
-
-
9 089
health
-
-
-
7 751
total
-
-
-
21 587
Employee
80 739
80 739
80 739
-
health
12 393
10 541
12 393
-
pensions
14 533
11 077
14 533
-
income

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

13 216
13 216
13 216
-
total
40 142
34 834
40 142
-
Employer
80 739
80 739
80 739
-
pensions
5 619
5 619
5 619
-
unemployment
2 907
2 907
2 907
-
health
5 612
5 612
5 612
-
total
14 138
14 138
14 138
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
54 280
48 972
54 280
21 587
After tax
-3 780
1 528
-3 780
28 913
Living cost
39 607
39 607
39 607
39 607
Free-cash
-43 387
-38 079
-43 387
-10 694

Estimated living cost  is ₽39607 per week

₽28068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
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.
₽7338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22675
-₽11504
-₽12109
-₽13902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
5 868
unemployment
-
-
-
50
pensions
-
-
-
5 459
municipal
-
-
-
10 696
accident
-
-
-
101
national
-
-
-
-
health
-
-
-
3 151
total
-
-
-
25 325
Employee
55 681
-
38 426
-
national
-
-
-
-
municipal
16 604
-
11 459
-
total
16 604
-
11 459
-
Employer
55 681
-
38 426
-
other
6 470
-
4 465
-
accident
111
-
77
-
pensions
6 019
-
4 154
-
unemployment
1 470
-
1 014
-
health
3 424
-
2 363
-
total
17 494
-
12 073
-
Corporate
-
50 500
-
-
income
-
11 110
-
-
total
-
11 110
-
-
Dividends
-
39 390
-
-
withholding
-
11 817
-
-
total
-
11 817
-
-
Income
50 500
50 500
50 500
50 500
Total tax
34 098
22 927
23 532
25 325
After tax
16 402
27 573
26 968
25 175
Living cost
39 077
39 077
39 077
39 077
Free-cash
-22 675
-11 504
-12 109
-13 902

Estimated living cost  is ₽39077 per week

₽25898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1545
-₽11739
₽1796
₽719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
trade
-
-
-
1 077
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.

-
-
-
4 837
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.

-
-
-
6 459
surtax

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

-
-
-
266
total
-
-
-
12 639
Employee

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

47 947
-
50 500
-
surtax

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

226
-
266
-
health

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

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

6 459
-
6 459
-
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.

4 119
-
4 837
-
total
10 804
-
11 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 553
50 500
-
-
trade
420
8 307
-
-
income
382
7 575
-
-
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.

22
416
-
-
chamber of commerce
147
215
-
-
total
971
16 513
-
-
Dividends
1 583
33 986
-
-
withholding
36
8 137
-
-
surtax

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

2
447
-
-
total
38
8 584
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 813
25 097
11 562
12 639
After tax
38 687
25 403
38 938
37 861
Living cost
37 142
37 142
37 142
37 142
Free-cash
1 545
-11 739
1 796
719

Estimated living cost  is ₽37142 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
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.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2633
-₽1546
₽3060
₽9400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
7 878
income
-
-
-
1 268
health
-
-
-
1 288
total
-
-
-
10 434
Employee
72 702
72 702
72 702
-
health
723
1 236
779
-
social contributions
3 533
6 034
3 805
-
income
7 634
6 730
7 536
-
total
11 890
14 000
12 120
-
Employer
72 702
72 702
72 702
-
social contributions
3 533
6 034
3 805
-
health
788
1 346
849
-
total
4 321
7 380
4 654
-
Corporate
3 623
-
-
-
income
452
-
-
-
total
452
-
-
-
Dividends
3 171
-
-
-
withholding
538
-
-
-
total
538
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 201
21 380
16 774
10 434
After tax
33 299
29 120
33 726
40 066
Living cost
30 666
30 666
30 666
30 666
Free-cash
2 633
-1 546
3 060
9 400

Estimated living cost  is ₽30666 per week

₽20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11425
₽11060
₽11715
₽17423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

25 348
10 088
42 259
-
unemployment
380
151
634
-
health
1 774
706
2 958
-
pensions
2 535
1 009
4 226
-
income
3 099
1 233
5 166
-
total
7 788
3 099
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.

25 348
10 088
42 259
-
pensions
4 943
1 967
8 241
-
total
4 943
1 967
8 241
-
Corporate
20 210
38 445
-
-
income
1 819
3 460
-
-
total
1 819
3 460
-
-
Dividends
18 391
34 985
-
-
withholding
3 494
6 647
-
-
social contributions
3 471
6 707
-
-
total
6 965
13 354
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 515
21 880
21 225
15 517
After tax
28 985
28 620
29 275
34 983
Living cost
17 560
17 560
17 560
17 560
Free-cash
11 425
11 060
11 715
17 423

Estimated living cost  is ₽17560 per week

₽11983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11690
₽17564
₽7252
₽5496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 503
pensions
-
-
-
10 100
health
-
-
-
6 565
total
-
-
-
22 168
Employee
26 821
-
37 743
-
unemployment
429
-
605
-
pensions
536
-
755
-
income
3 020
-
6 296
-
total
3 985
-
7 656
-
Employer
26 821
-
37 743
-
pensions
5 365
-
7 548
-
unemployment
215
-
301
-
health
3 486
-
4 907
-
total
9 066
-
12 756
-
Corporate
14 612
50 500
-
-
income
2 923
10 100
-
-
total
2 923
10 100
-
-
Dividends
11 690
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
15 974
10 100
20 412
22 168
After tax
34 526
40 400
30 088
28 332
Living cost
22 836
22 836
22 836
22 836
Free-cash
11 690
17 564
7 252
5 496

Estimated living cost  is ₽22836 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
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.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽838
-₽17109
₽5469
₽13753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
8 837
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
15 548
Employee
33 348
-
41 950
-
health
3 818
-
4 803
-
pensions
3 755
-
4 724
-
income
4 575
-
5 755
-
total
12 148
-
15 282
-
Employer
33 348
-
41 950
-
accident
557
-
701
-
pensions
5 423
-
6 821
-
unemployment
817
-
1 028
-
total
6 797
-
8 550
-
Corporate
10 356
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.

9 321
45 450
-
-
total
9 321
45 450
-
-
Dividends
1 036
5 050
-
-
withholding
197
960
-
-
total
197
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 463
46 410
23 832
15 548
After tax
22 037
4 090
26 668
34 952
Living cost
21 199
21 199
21 199
21 199
Free-cash
838
-17 109
5 469
13 753

Estimated living cost  is ₽21199 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38847
₽40288
₽32713
₽42308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 608
-
50 500
-
income
1 921
-
10 100
-
total
1 921
-
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%.

40 892
50 500
-
-
total
-
-
-
-
Dividends
40 892
50 500
-
-
withholding
2 045
2 525
-
-
total
2 045
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
3 966
2 525
10 100
505
After tax
46 534
47 975
40 400
49 995
Living cost
7 687
7 687
7 687
7 687
Free-cash
38 847
40 288
32 713
42 308

Estimated living cost  is ₽7687 per week

₽4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5523
₽11909
₽4407
₽2153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
2 399
income
-
-
-
6 414
pensions

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

-
-
-
12 120
health
-
-
-
2 221
total
-
-
-
23 154
Employee
34 329
-
40 336
-
unemployment
343
-
404
-
health
481
-
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.

2 402
-
2 822
-
income
5 910
-
6 944
-
total
9 136
-
10 735
-
Employer
34 329
-
40 336
-
other
1 717
-
2 017
-
accident
275
-
323
-
pensions

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

5 837
-
6 856
-
unemployment
343
-
404
-
health
481
-
565
-
total
8 653
-
10 165
-
Corporate
7 519
50 500
-
-
income
1 579
10 606
-
-
total
1 579
10 606
-
-
Dividends
5 941
39 894
-
-
withholding
416
2 792
-
-
total
416
2 792
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 784
13 398
20 900
23 154
After tax
30 716
37 102
29 600
27 346
Living cost
25 193
25 193
25 193
25 193
Free-cash
5 523
11 909
4 407
2 153

Estimated living cost  is ₽25193 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49089
-₽24067
-₽28925
-₽23902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 499
pensions
-
-
-
2 999
total
-
-
-
12 498
Employee
87 585
-
45 155
-
health
1 443
-
573
-
pensions
8 450
-
3 357
-
income
15 788
-
8 246
-
total
25 681
-
12 176
-
Employer
87 585
-
45 155
-
pensions
10 341
-
4 487
-
health
1 663
-
858
-
total
12 004
-
5 345
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
37 685
12 663
17 521
12 498
After tax
12 815
37 837
32 979
38 002
Living cost
61 904
61 904
61 904
61 904
Free-cash
-49 089
-24 067
-28 925
-23 902

Estimated living cost  is ₽61904 per week

₽46386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
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.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26389
₽30781
₽22440
₽21710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
unemployment
-
-
-
132
income
-
-
-
7 575
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
16 393
Employee
16 415
-
44 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
health
755
-
1 519
-
pensions

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

1 441
-
2 900
-
income
1 641
-
4 402
-
total
4 018
-
9 184
-
Employer
16 415
-
44 020
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 809
-
3 639
-
unemployment
98
-
198
-
health
1 133
-
2 279
-
total
3 221
-
6 479
-
Corporate
30 864
50 500
-
-
income
3 086
5 050
-
-
total
3 086
5 050
-
-
Dividends
27 778
45 450
-
-
withholding
1 389
2 272
-
-
total
1 389
2 272
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 714
7 322
15 663
16 393
After tax
38 786
43 178
34 837
34 107
Living cost
12 397
12 397
12 397
12 397
Free-cash
26 389
30 781
22 440
21 710

Estimated living cost  is ₽12397 per week

₽7237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52504
-₽50900
-₽56208
-₽23515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
4 747
pensions
-
-
-
9 089
health
-
-
-
7 751
total
-
-
-
21 587
Employee
87 657
80 739
80 739
-
health
10 936
10 541
12 393
-
pensions
11 077
11 077
14 533
-
income

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

13 216
13 216
13 216
-
total
35 229
34 834
40 142
-
Employer
87 657
80 739
80 739
-
pensions
6 100
5 619
5 619
-
unemployment
3 156
2 907
2 907
-
health
6 091
5 612
5 612
-
total
15 347
14 138
14 138
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
50 576
48 972
54 280
21 587
After tax
-76
1 528
-3 780
28 913
Living cost
52 428
52 428
52 428
52 428
Free-cash
-52 504
-50 900
-56 208
-23 515

Estimated living cost  is ₽52428 per week

₽38674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2832
₽11230
₽2087
₽1058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
14 746
income
-
-
-
4 340
health
-
-
-
6 817
solidarity contribution
-
-
-
-
total
-
-
-
25 903
Employee
34 617
-
37 687
-
solidarity contribution
-
-
-
-
health
4 673
-
5 088
-
social contributions
2 250
-
2 450
-
income
4 154
-
4 522
-
total
11 077
-
12 060
-
Employer
34 617
-
37 687
-
social contributions
8 654
-
9 422
-
health
3 116
-
3 392
-
total
11 770
-
12 814
-
Corporate
4 113
50 500
-
-
income
782
9 595
-
-
total
782
9 595
-
-
Dividends
3 332
40 905
-
-
withholding
500
6 136
-
-
total
500
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 129
15 731
24 874
25 903
After tax
26 371
34 769
25 626
24 597
Living cost
23 539
23 539
23 539
23 539
Free-cash
2 832
11 230
2 087
1 058

Estimated living cost  is ₽23539 per week

₽16351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33527
-₽12951
-₽15087
-₽12233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
498
social contributions
-
-
-
12 988
municipal
-
-
-
300
national
-
-
-
9 052
total
-
-
-
22 838
Employee
84 027
-
50 500
-
national
14 560
-
7 961
-
regional
793
-
435
-
municipal
445
-
267
-
social contributions
28 334
-
17 029
-
total
44 132
-
25 692
-
Employer
84 027
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
1 970
-
-
total
-
14 090
-
-
Dividends
-
36 410
-
-
withholding
-
9 466
-
-
total
-
9 466
-
-
Income
50 500
50 500
50 500
50 500
Total tax
44 132
23 556
25 692
22 838
After tax
6 368
26 944
24 808
27 662
Living cost
39 895
39 895
39 895
39 895
Free-cash
-33 527
-12 951
-15 087
-12 233

Estimated living cost  is ₽39895 per week

₽27810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7958
₽10902
₽6817
₽8000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
7 385
pensions
-
-
-
10 100
health
-
-
-
3 585
surtax
-
-
-
352
total
-
-
-
21 637
Employee
31 266
-
41 717
-
surtax
102
-
296
-
unemployment
2 176
-
2 903
-
other
-
-
-
-
health
798
-
1 064
-
pensions
2 085
-
2 783
-
income
5 241
-
6 994
-
total
10 402
-
14 040
-
Employer
31 266
-
41 717
-
other
-
-
-
-
pensions
4 168
-
5 560
-
unemployment
990
-
1 322
-
health
1 423
-
1 898
-
total
6 581
-
8 780
-
Corporate
12 653
50 500
-
-
income
3 291
13 130
-
-
total
3 291
13 130
-
-
Dividends
9 362
37 370
-
-
withholding
1 405
5 605
-
-
total
1 405
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 679
18 735
22 820
21 637
After tax
28 821
31 765
27 680
28 863
Living cost
20 863
20 863
20 863
20 863
Free-cash
7 958
10 902
6 817
8 000

Estimated living cost  is ₽20863 per week

₽12757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15666
-₽4454
-₽9312
-₽4289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 499
pensions
-
-
-
2 999
total
-
-
-
12 498
Employee
58 697
-
45 155
-
health
852
-
573
-
pensions
4 982
-
3 357
-
income
10 572
-
8 246
-
total
16 406
-
12 176
-
Employer
58 697
-
45 155
-
pensions
6 354
-
4 487
-
health
1 115
-
858
-
total
7 469
-
5 345
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 875
12 663
17 521
12 498
After tax
26 625
37 837
32 979
38 002
Living cost
42 291
42 291
42 291
42 291
Free-cash
-15 666
-4 454
-9 312
-4 289

Estimated living cost  is ₽42291 per week

₽31684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45075
-₽51475
-₽34335
-₽31627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other

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

-
-
-
1 009
city
-
-
-
530
regional
-
-
-
1 002
pensions
-
-
-
4 646
national
-
-
-
130
health
-
-
-
243
total
-
-
-
7 560
Employee
87 262
-
45 134
-
national
413
-
100
-
unemployment
-
-
-
-
city
937
-
485
-
regional
2 857
-
843
-
health
197
-
102
-
pensions
7 331
-
3 867
-
total
11 735
-
5 397
-
Employer
87 262
-
45 134
-
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.

1 745
-
902
-
pensions
7 331
-
3 867
-
unemployment
-
-
-
-
health
197
-
102
-
total
9 273
-
4 871
-
Corporate
-
50 500
-
-
regional
-
10 681
-
-
national
-
4 292
-
-
total
-
14 973
-
-
Dividends
-
35 527
-
-
withholding
-
12 435
-
-
total
-
12 435
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 008
27 408
10 268
7 560
After tax
29 492
23 092
40 232
42 940
Living cost
74 567
74 567
74 567
74 567
Free-cash
-45 075
-51 475
-34 335
-31 627

Estimated living cost  is ₽74567 per week

₽48490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6321
-₽18171
-₽4374
-₽5495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
trade
-
-
-
1 121
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.

-
-
-
4 837
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.

-
-
-
6 459
surtax

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

-
-
-
266
total
-
-
-
12 683
Employee

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

56 821
-
50 500
-
surtax

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

368
-
266
-
health

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

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

6 459
-
6 459
-
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.

6 682
-
4 837
-
total
13 509
-
11 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
trade
-
8 661
-
-
income
-
7 575
-
-
surtax

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

-
416
-
-
chamber of commerce
-
215
-
-
total
-
16 867
-
-
Dividends
-
33 633
-
-
withholding
-
8 049
-
-
surtax

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

-
443
-
-
total
-
8 492
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 509
25 359
11 562
12 683
After tax
36 991
25 141
38 938
37 817
Living cost
43 312
43 312
43 312
43 312
Free-cash
-6 321
-18 171
-4 374
-5 495

Estimated living cost  is ₽43312 per week

₽31634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2602
-₽6895
-₽1463
-₽2001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
1 566
social contributions
-
-
-
1 439
income
-
-
-
2 071
pensions
-
-
-
14 639
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 153
Employee
40 465
-
38 482
-
surtax
-
-
-
-
pensions
4 575
-
4 353
-
social contributions
1 154
-
1 096
-
income
2 388
-
2 148
-
total
8 117
-
7 597
-
Employer
40 465
-
38 482
-
other
1 396
-
1 328
-
pensions
6 648
-
6 323
-
unemployment
1 638
-
1 559
-
social contributions
122
-
115
-
health
2 833
-
2 693
-
total
12 637
-
12 018
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
withholding
-
4 654
-
-
social contributions
-
6 253
-
-
surtax
-
-
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 754
25 047
19 615
20 153
After tax
29 746
25 453
30 885
30 347
Living cost
32 348
32 348
32 348
32 348
Free-cash
-2 602
-6 895
-1 463
-2 001

Estimated living cost  is ₽32348 per week

₽20396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1565
-₽3690
₽1742
₽1204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
1 566
social contributions
-
-
-
1 439
income
-
-
-
2 071
pensions
-
-
-
14 639
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 153
Employee
36 120
-
38 482
-
surtax
-
-
-
-
pensions
4 085
-
4 353
-
social contributions
1 030
-
1 096
-
income
1 862
-
2 148
-
total
6 977
-
7 597
-
Employer
36 120
-
38 482
-
other
1 247
-
1 328
-
pensions
5 935
-
6 323
-
unemployment
1 462
-
1 559
-
social contributions
108
-
115
-
health
2 528
-
2 693
-
total
11 280
-
12 018
-
Corporate
3 100
50 500
-
-
income
868
14 140
-
-
surtax
-
-
-
-
total
868
14 140
-
-
Dividends
2 231
36 360
-
-
withholding
285
4 654
-
-
social contributions
382
6 253
-
-
surtax
-
-
-
-
total
667
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 792
25 047
19 615
20 153
After tax
30 708
25 453
30 885
30 347
Living cost
29 143
29 143
29 143
29 143
Free-cash
1 565
-3 690
1 742
1 204

Estimated living cost  is ₽29143 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11250
₽10762
₽10367
₽12382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
6 969
income
-
-
-
7 575
health
-
-
-
3 526
total
-
-
-
18 070
Employee
32 057
-
50 500
-
health
2 237
-
3 526
-
social contributions
4 424
-
6 969
-
income
5 347
-
9 590
-
total
12 008
-
20 085
-
Employer
32 057
-
50 500
-
total
-
-
-
-
Corporate
18 443
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%.

922
2 524
-
-
total
922
2 524
-
-
Dividends
17 521
47 976
-
-
health
1 224
3 348
-
-
withholding
2 629
7 197
-
-
social contributions
2 419
6 621
-
-
total
6 272
17 166
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 202
19 690
20 085
18 070
After tax
31 298
30 810
30 415
32 430
Living cost
20 048
20 048
20 048
20 048
Free-cash
11 250
10 762
10 367
12 382

Estimated living cost  is ₽20048 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽11430
-₽4593
-₽13258
-₽5150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
chamber of commerce
-
-
-
203
unemployment
-
-
-
5 799
income
-
-
-
2 941
pensions
-
-
-
9 342
health
-
-
-
3 863
surtax
-
-
-
187
total
-
-
-
22 335
Employee
47 250
37 678
39 071
-
unemployment
1 417
1 130
1 172
-
other
472
377
391
-
health
1 828
1 459
1 513
-
pensions
4 839
3 858
4 001
-
income
5 379
2 779
3 064
-
total
13 935
9 603
10 141
-
Employer
47 250
37 678
39 071
-
payroll
1 417
1 130
1 172
-
other
2 245
1 789
1 855
-
accident
614
490
508
-
pensions
5 930
4 730
4 904
-
unemployment
1 417
1 130
1 172
-
chamber of commerce
188
151
156
-
surtax
187
187
187
-
health
1 785
1 425
1 477
-
total
13 783
11 032
11 431
-
Corporate
3 588
3 588
35 483
-
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.

897
897
8 871
-
total
897
897
8 871
-
Dividends
-
894
-
-
withholding
-
246
-
-
total
-
246
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 615
21 778
30 443
22 335
After tax
21 885
28 722
20 057
28 165
Living cost
33 315
33 315
33 315
33 315
Free-cash
-11 430
-4 593
-13 258
-5 150

Estimated living cost  is ₽33315 per week

₽22219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
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.
₽7706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36816
-₽5990
-₽12545
-₽6758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
5 499
national
-
-
-
14 586
communal

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

-
-
-
2 700
total
-
-
-
22 785
Employee

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

67 630
-
39 116
-
national
20 792
-
10 034
-
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.

588
-
341
-
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.

3 178
-
1 839
-
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.

5 072
-
2 934
-
communal

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

3 527
-
2 040
-
total
33 157
-
17 188
-
Employer

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

67 630
-
39 116
-
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.

879
-
508
-
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.

5 993
-
3 466
-
unemployment

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

987
-
571
-
surtax
7 668
-
4 435
-
health

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

4 159
-
2 404
-
total
19 686
-
11 384
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
surtax
-
203
-
-
total
-
10 303
-
-
Dividends
-
40 198
-
-
withholding

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

-
11 714
-
-
total
-
11 714
-
-
Income
50 500
50 500
50 500
50 500
Total tax
52 843
22 017
28 572
22 785
After tax
-2 343
28 483
21 928
27 715
Living cost
34 473
34 473
34 473
34 473
Free-cash
-36 816
-5 990
-12 545
-6 758

Estimated living cost  is ₽34473 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11565
-₽19
-₽5776
-₽6161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
50
unemployment
-
-
-
353
income
-
-
-
7 368
pensions
-
-
-
14 291
accident
-
-
-
454
total
-
-
-
22 516
Employee
47 063
-
38 290
-
unemployment
730
-
594
-
other
47
-
38
-
pensions
2 212
-
1 800
-
income
9 930
-
7 490
-
total
12 919
-
9 922
-
Employer
47 063
-
38 290
-
other
375
-
307
-
accident
931
-
759
-
pensions
11 106
-
9 037
-
unemployment
2 589
-
2 106
-
total
15 001
-
12 209
-
Corporate
-
50 500
-
-
income

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

-
7 575
-
-
total
-
7 575
-
-
Dividends
-
42 925
-
-
withholding
-
8 799
-
-
total
-
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 920
16 374
22 131
22 516
After tax
22 580
34 126
28 369
27 984
Living cost
34 145
34 145
34 145
34 145
Free-cash
-11 565
-19
-5 776
-6 161

Estimated living cost  is ₽34145 per week

₽25144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽29655
-₽19607
-₽16678
-₽17719
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 844
pensions
-
-
-
8 079
accident
-
-
-
454
communal
-
-
-
-
health
-
-
-
3 788
surtax
-
-
-
2 673
total
-
-
-
16 838
Employee
71 599
-
45 110
-
surtax
4 389
-
2 765
-
health
3 187
-
2 008
-
pensions
5 727
-
3 608
-
income
6 916
-
2 027
-
total
20 219
-
10 408
-
Employer
71 599
-
45 110
-
accident
644
-
405
-
pensions
5 727
-
3 608
-
health
2 184
-
1 376
-
total
8 555
-
5 389
-
Corporate
-
50 500
-
-
income
-
7 575
-
-
communal
-
3 409
-
-
surtax
-
531
-
-
total
-
11 515
-
-
Dividends
-
38 985
-
-
withholding
-
5 847
-
-
income
-
1 364
-
-
total
-
7 211
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 774
18 726
15 797
16 838
After tax
21 726
31 774
34 703
33 662
Living cost
51 381
51 381
51 381
51 381
Free-cash
-29 655
-19 607
-16 678
-17 719

Estimated living cost  is ₽51381 per week

₽38543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
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.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7520
₽10529
₽6444
₽7627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
7 385
pensions
-
-
-
10 100
health
-
-
-
3 585
surtax
-
-
-
352
total
-
-
-
21 637
Employee
31 840
-
41 717
-
surtax
113
-
296
-
unemployment
2 216
-
2 903
-
other
-
-
-
-
health
813
-
1 064
-
pensions
2 124
-
2 783
-
income
5 338
-
6 994
-
total
10 604
-
14 040
-
Employer
31 840
-
41 717
-
other
-
-
-
-
pensions
4 245
-
5 560
-
unemployment
1 010
-
1 322
-
health
1 448
-
1 898
-
total
6 703
-
8 780
-
Corporate
11 957
50 500
-
-
income
3 109
13 130
-
-
total
3 109
13 130
-
-
Dividends
8 848
37 370
-
-
withholding
1 328
5 605
-
-
total
1 328
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 744
18 735
22 820
21 637
After tax
28 756
31 765
27 680
28 863
Living cost
21 236
21 236
21 236
21 236
Free-cash
7 520
10 529
6 444
7 627

Estimated living cost  is ₽21236 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1947
₽1075
-₽905
₽1929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
762
social contributions
-
-
-
12 988
municipal
-
-
-
300
national
-
-
-
9 052
total
-
-
-
23 102
Employee
52 446
-
50 500
-
national
8 309
-
7 961
-
regional
706
-
679
-
municipal
278
-
267
-
social contributions
17 685
-
17 029
-
total
26 978
-
25 936
-
Employer
52 446
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 510
-
-
total
-
14 630
-
-
Dividends
-
35 870
-
-
withholding
-
9 326
-
-
total
-
9 326
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 978
23 956
25 936
23 102
After tax
23 522
26 544
24 564
27 398
Living cost
25 469
25 469
25 469
25 469
Free-cash
-1 947
1 075
-905
1 929

Estimated living cost  is ₽25469 per week

₽15839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6661
₽5762
-₽3381
-₽4410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
14 746
income
-
-
-
4 340
health
-
-
-
6 817
solidarity contribution
-
-
-
-
total
-
-
-
25 903
Employee
42 657
-
37 687
-
solidarity contribution
-
-
-
-
health
5 759
-
5 088
-
social contributions
2 773
-
2 450
-
income
5 119
-
4 522
-
total
13 651
-
12 060
-
Employer
42 657
-
37 687
-
social contributions
10 664
-
9 422
-
health
3 839
-
3 392
-
total
14 503
-
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
28 154
15 731
24 874
25 903
After tax
22 346
34 769
25 626
24 597
Living cost
29 007
29 007
29 007
29 007
Free-cash
-6 661
5 762
-3 381
-4 410

Estimated living cost  is ₽29007 per week

₽21571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3622
-₽1307
-₽10051
-₽1812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
chamber of commerce
-
-
-
203
unemployment
-
-
-
5 799
income
-
-
-
2 941
pensions
-
-
-
9 342
health
-
-
-
3 863
surtax
-
-
-
-
total
-
-
-
22 148
Employee
41 329
37 678
39 214
-
unemployment
1 240
1 130
1 177
-
other
413
377
393
-
health
1 599
1 459
1 518
-
pensions
4 233
3 858
4 015
-
income
3 682
2 779
3 093
-
total
11 167
9 603
10 196
-
Employer
41 329
37 678
39 214
-
payroll
1 240
1 130
1 177
-
other
1 963
1 789
1 862
-
accident
536
490
510
-
pensions
5 187
4 730
4 921
-
unemployment
1 240
1 130
1 177
-
chamber of commerce
165
151
156
-
surtax
-
-
-
-
health
1 563
1 425
1 482
-
total
11 894
10 845
11 285
-
Corporate
3 588
3 588
35 626
-
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.

897
897
8 906
-
total
897
897
8 906
-
Dividends
-
1 081
-
-
withholding
-
298
-
-
total
-
298
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 958
21 643
30 387
22 148
After tax
26 542
28 857
20 113
28 352
Living cost
30 164
30 164
30 164
30 164
Free-cash
-3 622
-1 307
-10 051
-1 812

Estimated living cost  is ₽30164 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
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.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33750
₽35996
₽28421
₽38016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
microenterprise

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

-
-
-
505
total
-
-
-
505
Employee
14 974
-
50 500
-
income
2 995
-
10 100
-
total
2 995
-
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%.

35 526
50 500
-
-
total
-
-
-
-
Dividends
35 526
50 500
-
-
withholding
1 776
2 525
-
-
total
1 776
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 771
2 525
10 100
505
After tax
45 729
47 975
40 400
49 995
Living cost
11 979
11 979
11 979
11 979
Free-cash
33 750
35 996
28 421
38 016

Estimated living cost  is ₽11979 per week

₽8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1500
₽9409
₽1072
₽2675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
50 500
unemployment
-
-
-
75
income
-
-
-
8 200
pensions
-
-
-
9 222
health
-
-
-
4 968
total
-
-
-
22 465
Employee

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

41 809
-
43 696
-
unemployment
59
-
61
-
health
2 700
-
2 822
-
pensions
6 481
-
6 773
-
income
7 210
-
7 608
-
total
16 450
-
17 264
-
Employer

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

41 809
-
43 696
-
pensions
3 700
-
3 867
-
unemployment
25
-
27
-
health
2 785
-
2 910
-
total
6 510
-
6 804
-
Corporate
2 182
50 500
-
-
income
414
9 595
-
-
total
414
9 595
-
-
Dividends
1 767
40 905
-
-
withholding
266
6 136
-
-
total
266
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 640
15 731
24 068
22 465
After tax
26 860
34 769
26 432
28 035
Living cost
25 360
25 360
25 360
25 360
Free-cash
1 500
9 409
1 072
2 675

Estimated living cost  is ₽25360 per week

₽17404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88758
-₽9575
-₽2086
-₽5400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
5 757
income
-
-
-
9 844
total
-
-
-
15 601
Employee
57 784
-
-
-
social contributions
4 738
-
675
-
income
12 746
-
-
-
total
17 484
-
675
-
Employer
57 784
-
-
-
social contributions
81 475
-
11 612
-
total
81 475
-
11 612
-
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
98 959
19 776
12 287
15 601
After tax
-48 459
30 724
38 213
34 899
Living cost
40 299
40 299
40 299
40 299
Free-cash
-88 758
-9 575
-2 086
-5 400

Estimated living cost  is ₽40299 per week

₽26148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3311
-₽933
-₽1551
-₽360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
social contributions

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

-
-
-
17 549
income
-
-
-
3 655
surtax
-
-
-
-
total
-
-
-
21 204
Employee
43 484
-
40 808
-
surtax
-
-
-
-
social contributions
4 783
-
4 489
-
income
9 045
-
8 214
-
total
13 828
-
12 703
-
Employer
43 484
-
40 808
-
social contributions
10 327
-
9 692
-
total
10 327
-
9 692
-
Corporate
-
50 500
-
-
income
-
10 606
-
-
surtax
-
-
-
-
total
-
10 606
-
-
Dividends
-
39 894
-
-
withholding
-
11 171
-
-
total
-
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 155
21 777
22 395
21 204
After tax
26 345
28 723
28 105
29 296
Living cost
29 656
29 656
29 656
29 656
Free-cash
-3 311
-933
-1 551
-360

Estimated living cost  is ₽29656 per week

₽22189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27213
-₽20212
-₽14780
-₽15318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
1 566
social contributions
-
-
-
1 439
income
-
-
-
2 071
pensions
-
-
-
14 639
health
-
-
-
438
surtax
-
-
-
-
total
-
-
-
20 153
Employee
59 216
-
38 482
-
surtax
-
-
-
-
pensions
6 698
-
4 353
-
social contributions
1 687
-
1 096
-
income
5 167
-
2 148
-
total
13 552
-
7 597
-
Employer
59 216
-
38 482
-
other
2 044
-
1 328
-
pensions
9 730
-
6 323
-
unemployment
2 399
-
1 559
-
social contributions
178
-
115
-
health
4 145
-
2 693
-
total
18 496
-
12 018
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
withholding
-
4 654
-
-
social contributions
-
6 253
-
-
surtax
-
-
-
-
total
-
10 907
-
-
Income
50 500
50 500
50 500
50 500
Total tax
32 048
25 047
19 615
20 153
After tax
18 452
25 453
30 885
30 347
Living cost
45 665
45 665
45 665
45 665
Free-cash
-27 213
-20 212
-14 780
-15 318

Estimated living cost  is ₽45665 per week

₽30905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13854
₽17029
₽12461
₽10969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 111
total
-
-
-
11 111
Employee
30 396
-
43 723
-
social contributions
1 975
-
2 842
-
income
-
-
-
-
total
1 975
-
2 842
-
Employer
30 396
-
43 723
-
social contributions
4 712
-
6 777
-
total
4 712
-
6 777
-
Corporate
15 393
50 500
-
-
income
1 539
5 051
-
-
total
1 539
5 051
-
-
Dividends
13 853
45 449
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 226
5 051
9 619
11 111
After tax
42 274
45 449
40 881
39 389
Living cost
28 420
28 420
28 420
28 420
Free-cash
13 854
17 029
12 461
10 969

Estimated living cost  is ₽28420 per week

₽18376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽155191
-₽155191
-₽155191
-₽12446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
pensions
-
-
-
818
municipal
-
-
-
8 001
labour market
-
-
-
3 974
national
-
-
-
4 687
total
-
-
-
17 480
Employee
191 903
191 903
191 903
-
national
23 444
23 444
23 444
-
municipal
40 865
40 865
40 865
-
labour market
15 330
15 330
15 330
-
pensions
273
273
273
-
total
79 912
79 912
79 912
-
Employer
191 903
191 903
191 903
-
municipal
40 930
40 930
40 930
-
pensions
546
546
546
-
national
23 485
23 485
23 485
-
labour market
15 352
15 352
15 352
-
total
80 313
80 313
80 313
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
160 225
160 225
160 225
17 480
After tax
-109 725
-109 725
-109 725
33 020
Living cost
45 466
45 466
45 466
45 466
Free-cash
-155 191
-155 191
-155 191
-12 446

Estimated living cost  is ₽45466 per week

₽31118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽887
-₽16797
₽5781
₽14066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
8 837
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
15 548
Employee
32 856
-
41 950
-
health
3 762
-
4 803
-
pensions
3 700
-
4 724
-
income
4 507
-
5 755
-
total
11 969
-
15 282
-
Employer
32 856
-
41 950
-
accident
549
-
701
-
pensions
5 342
-
6 821
-
unemployment
805
-
1 028
-
total
6 696
-
8 550
-
Corporate
10 948
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.

9 853
45 450
-
-
total
9 853
45 450
-
-
Dividends
1 095
5 050
-
-
withholding
208
960
-
-
total
208
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 726
46 410
23 832
15 548
After tax
21 774
4 090
26 668
34 952
Living cost
20 886
20 886
20 886
20 886
Free-cash
887
-16 797
5 781
14 066

Estimated living cost  is ₽20886 per week

₽15203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8627
-₽1353
-₽4978
₽3375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
municipal
-
-
-
9 021
national
-
-
-
1 421
health
-
-
-
384
total
-
-
-
10 826
Employee
49 743
-
42 484
-
national
822
-
429
-
unemployment
746
-
637
-
health
371
-
260
-
municipal
8 147
-
6 969
-
pensions
3 357
-
2 867
-
total
13 443
-
11 162
-
Employer
49 743
-
42 484
-
accident
50
-
43
-
pensions
8 630
-
7 371
-
unemployment
323
-
276
-
health
382
-
327
-
total
9 385
-
8 017
-
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
22 828
15 554
19 179
10 826
After tax
27 672
34 946
31 321
39 674
Living cost
36 299
36 299
36 299
36 299
Free-cash
-8 627
-1 353
-4 978
3 375

Estimated living cost  is ₽36299 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10183
₽7230
₽11836
₽18176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
7 878
income
-
-
-
1 268
health
-
-
-
1 288
total
-
-
-
10 434
Employee
72 702
72 702
72 702
-
health
563
1 236
779
-
social contributions
2 749
6 034
3 805
-
income
7 916
6 730
7 536
-
total
11 228
14 000
12 120
-
Employer
72 702
72 702
72 702
-
social contributions
2 749
6 034
3 805
-
health
612
1 346
849
-
total
3 361
7 380
4 654
-
Corporate
14 021
-
-
-
income
1 753
-
-
-
total
1 753
-
-
-
Dividends
12 268
-
-
-
withholding
2 085
-
-
-
total
2 085
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 427
21 380
16 774
10 434
After tax
32 073
29 120
33 726
40 066
Living cost
21 890
21 890
21 890
21 890
Free-cash
10 183
7 230
11 836
18 176

Estimated living cost  is ₽21890 per week

₽13119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
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.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21996
₽26808
₽16291
₽21845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
50 500
unemployment
-
-
-
27
income
-
-
-
4 181
pensions
-
-
-
6 014
health
-
-
-
3 422
total
-
-
-
13 644
Employee

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

21 702
-
45 783
-
unemployment
108
-
230
-
health
1 844
-
3 892
-
pensions
3 255
-
6 868
-
income
1 484
-
3 493
-
total
6 691
-
14 483
-
Employer

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

21 702
-
45 783
-
pensions
1 193
-
2 517
-
unemployment
108
-
230
-
health
933
-
1 968
-
total
2 234
-
4 715
-
Corporate
26 565
50 500
-
-
income
2 392
4 545
-
-
total
2 392
4 545
-
-
Dividends
24 173
45 955
-
-
withholding
2 176
4 136
-
-
total
2 176
4 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 493
8 681
19 198
13 644
After tax
37 007
41 819
31 302
36 856
Living cost
15 011
15 011
15 011
15 011
Free-cash
21 996
26 808
16 291
21 845

Estimated living cost  is ₽15011 per week

₽9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3027
₽8127
₽2370
₽1985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
50
unemployment
-
-
-
353
income
-
-
-
7 368
pensions
-
-
-
14 291
accident
-
-
-
454
total
-
-
-
22 516
Employee
34 959
-
38 290
-
unemployment
542
-
594
-
other
34
-
38
-
pensions
1 643
-
1 800
-
income
6 740
-
7 490
-
total
8 959
-
9 922
-
Employer
34 959
-
38 290
-
other
280
-
307
-
accident
693
-
759
-
pensions
8 250
-
9 037
-
unemployment
1 923
-
2 106
-
total
11 146
-
12 209
-
Corporate
4 395
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.

658
7 575
-
-
total
658
7 575
-
-
Dividends
3 736
42 925
-
-
withholding
711
8 799
-
-
total
711
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 474
16 374
22 131
22 516
After tax
29 026
34 126
28 369
27 984
Living cost
25 999
25 999
25 999
25 999
Free-cash
3 027
8 127
2 370
1 985

Estimated living cost  is ₽25999 per week

₽17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29421
₽29715
₽29843
₽29973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
16 469
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
18 730
Employee
2 737
-
49 026
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
529
-
16 401
-
total
939
-
17 385
-
Employer
2 737
-
49 026
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
47 148
50 500
-
-
income
10 372
11 110
-
-
total
10 372
11 110
-
-
Dividends
36 775
39 390
-
-
withholding
7 355
7 878
-
-
total
7 355
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 282
18 988
18 860
18 730
After tax
31 218
31 512
31 640
31 770
Living cost
1 797
1 797
1 797
1 797
Free-cash
29 421
29 715
29 843
29 973

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽15517
₽20163
₽10945
₽8772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
unemployment
-
-
-
757
income
-
-
-
6 317
pensions
-
-
-
13 130
health
-
-
-
5 201
total
-
-
-
25 405
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.

24 614
-
42 833
-
unemployment
185
-
321
-
health
1 268
-
2 206
-
pensions
3 446
-
5 997
-
income
3 393
-
7 041
-
total
8 292
-
15 565
-
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.

24 614
-
42 833
-
pensions
2 954
-
5 140
-
unemployment
185
-
321
-
health
1 268
-
2 206
-
total
4 407
-
7 667
-
Corporate
21 480
50 500
-
-
income
3 222
7 575
-
-
total
3 222
7 575
-
-
Dividends
18 258
42 925
-
-
withholding
2 739
6 439
-
-
total
2 739
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 660
14 014
23 232
25 405
After tax
31 840
36 486
27 268
25 095
Living cost
16 323
16 323
16 323
16 323
Free-cash
15 517
20 163
10 945
8 772

Estimated living cost  is ₽16323 per week

₽10990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2896
₽3234
₽2616
₽3807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
social contributions

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

-
-
-
17 549
income
-
-
-
3 655
surtax
-
-
-
-
total
-
-
-
21 204
Employee
36 696
-
40 808
-
surtax
-
-
-
-
social contributions
4 037
-
4 489
-
income
7 170
-
8 214
-
total
11 207
-
12 703
-
Employer
36 696
-
40 808
-
social contributions
8 714
-
9 692
-
total
8 714
-
9 692
-
Corporate
5 090
50 500
-
-
income
1 069
10 606
-
-
surtax
-
-
-
-
total
1 069
10 606
-
-
Dividends
4 021
39 894
-
-
withholding
1 125
11 171
-
-
total
1 125
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 115
21 777
22 395
21 204
After tax
28 385
28 723
28 105
29 296
Living cost
25 489
25 489
25 489
25 489
Free-cash
2 896
3 234
2 616
3 807

Estimated living cost  is ₽25489 per week

₽18053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9721
₽898
-₽4859
-₽5244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
other
-
-
-
50
unemployment
-
-
-
353
income
-
-
-
7 368
pensions
-
-
-
14 291
accident
-
-
-
454
total
-
-
-
22 516
Employee
45 662
-
38 290
-
unemployment
707
-
594
-
other
45
-
38
-
pensions
2 146
-
1 800
-
income
9 537
-
7 490
-
total
12 435
-
9 922
-
Employer
45 662
-
38 290
-
other
366
-
307
-
accident
904
-
759
-
pensions
10 776
-
9 037
-
unemployment
2 512
-
2 106
-
total
14 558
-
12 209
-
Corporate
-
50 500
-
-
income

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

-
7 575
-
-
total
-
7 575
-
-
Dividends
-
42 925
-
-
withholding
-
8 799
-
-
total
-
8 799
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 993
16 374
22 131
22 516
After tax
23 507
34 126
28 369
27 984
Living cost
33 228
33 228
33 228
33 228
Free-cash
-9 721
898
-4 859
-5 244

Estimated living cost  is ₽33228 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21150
₽26913
₽18572
₽17842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
unemployment
-
-
-
132
income
-
-
-
7 575
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
16 393
Employee
21 537
-
44 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
health
991
-
1 519
-
pensions

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

1 891
-
2 900
-
income
2 154
-
4 402
-
total
5 273
-
9 184
-
Employer
21 537
-
44 020
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 373
-
3 639
-
unemployment
129
-
198
-
health
1 486
-
2 279
-
total
4 225
-
6 479
-
Corporate
24 738
50 500
-
-
income
2 474
5 050
-
-
total
2 474
5 050
-
-
Dividends
22 263
45 450
-
-
withholding
1 113
2 272
-
-
total
1 113
2 272
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 085
7 322
15 663
16 393
After tax
37 415
43 178
34 837
34 107
Living cost
16 265
16 265
16 265
16 265
Free-cash
21 150
26 913
18 572
17 842

Estimated living cost  is ₽16265 per week

₽10757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2046
-₽10322
₽2436
₽1498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
trade
-
-
-
938
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.

-
-
-
4 837
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.

-
-
-
6 459
surtax

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

-
-
-
266
total
-
-
-
12 500
Employee

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

47 043
-
50 500
-
surtax

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

214
-
266
-
health

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

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

6 459
-
6 459
-
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.

3 868
-
4 837
-
total
10 541
-
11 562
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 457
50 500
-
-
trade
497
7 247
-
-
income
519
7 575
-
-
surtax

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

29
416
-
-
chamber of commerce
149
217
-
-
total
1 194
15 455
-
-
Dividends
2 264
35 045
-
-
withholding
206
8 402
-
-
surtax

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

11
463
-
-
total
217
8 865
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 952
24 320
11 562
12 500
After tax
38 548
26 180
38 938
38 000
Living cost
36 502
36 502
36 502
36 502
Free-cash
2 046
-10 322
2 436
1 498

Estimated living cost  is ₽36502 per week

₽25180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
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.
₽6865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23457
-₽18508
-₽14061
-₽14061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
3 564
income
-
-
-
7 139
total
-
-
-
10 703
Employee
73 957
-
50 500
-
social contributions
6 144
-
3 564
-
income
13 955
-
7 139
-
total
20 099
-
10 703
-
Employer
73 957
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 312
-
-
total
-
6 312
-
-
Dividends
-
44 188
-
-
withholding
-
8 838
-
-
total
-
8 838
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 099
15 150
10 703
10 703
After tax
30 401
35 350
39 797
39 797
Living cost
53 858
53 858
53 858
53 858
Free-cash
-23 457
-18 508
-14 061
-14 061

Estimated living cost  is ₽53858 per week

₽40974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1015
-₽6419
₽2080
-₽16481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
50 500
health

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

-
-
-
5 747
income
-
-
-
26 913
total
-
-
-
32 660
Employee
43 372
-
46 151
-
social contributions
4 346
-
4 349
-
income
4 706
-
5 401
-
total
9 052
-
9 750
-
Employer
43 372
-
46 151
-
social contributions
4 346
-
4 349
-
total
4 346
-
4 349
-
Corporate
2 782
50 500
-
-
income
974
17 675
-
-
total
974
17 675
-
-
Dividends
1 808
32 825
-
-
social contributions
2 822
4 923
-
-
total
2 822
4 923
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 194
22 598
14 099
32 660
After tax
33 306
27 902
36 401
17 840
Living cost
34 321
34 321
34 321
34 321
Free-cash
-1 015
-6 419
2 080
-16 481

Estimated living cost  is ₽34321 per week

₽22607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2358
₽3456
-₽1402
₽3621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 499
pensions
-
-
-
2 999
total
-
-
-
12 498
Employee
47 193
-
45 155
-
health
616
-
573
-
pensions
3 602
-
3 357
-
income
8 594
-
8 246
-
total
12 812
-
12 176
-
Employer
47 193
-
45 155
-
pensions
4 768
-
4 487
-
health
897
-
858
-
total
5 665
-
5 345
-
Corporate
-
50 500
-
-
income

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

-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 477
12 663
17 521
12 498
After tax
32 023
37 837
32 979
38 002
Living cost
34 381
34 381
34 381
34 381
Free-cash
-2 358
3 456
-1 402
3 621

Estimated living cost  is ₽34381 per week

₽23585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽569
-₽18864
₽3714
₽11998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
8 837
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
15 548
Employee
36 108
-
41 950
-
health
4 134
-
4 803
-
pensions
4 066
-
4 724
-
income
4 954
-
5 755
-
total
13 154
-
15 282
-
Employer
36 108
-
41 950
-
accident
603
-
701
-
pensions
5 871
-
6 821
-
unemployment
885
-
1 028
-
total
7 359
-
8 550
-
Corporate
7 033
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.

6 330
45 450
-
-
total
6 330
45 450
-
-
Dividends
703
5 050
-
-
withholding
134
960
-
-
total
134
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 977
46 410
23 832
15 548
After tax
23 523
4 090
26 668
34 952
Living cost
22 954
22 954
22 954
22 954
Free-cash
569
-18 864
3 714
11 998

Estimated living cost  is ₽22954 per week

₽16846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽4308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25559
₽30155
₽17271
₽17271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
unemployment
-
-
-
606
income
-
-
-
6 571
pensions
-
-
-
9 292
health insurance
-
-
-
3 737
work injury
-
-
-
253
total
-
-
-
20 459
Employee

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

20 432
-
50 500
-
health insurance
1 512
-
3 737
-
unemployment
245
-
606
-
work injury
102
-
253
-
pensions
3 759
-
9 292
-
income
2 043
-
6 571
-
total
7 661
-
20 459
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 068
50 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
30 068
50 500
-
-
withholding
4 510
7 575
-
-
total
4 510
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 171
7 575
20 459
20 459
After tax
38 329
42 925
30 041
30 041
Living cost
12 770
12 770
12 770
12 770
Free-cash
25 559
30 155
17 271
17 271

Estimated living cost  is ₽12770 per week

₽7911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29172
-₽11066
-₽13101
-₽10296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
regional
-
-
-
754
social contributions
-
-
-
12 988
municipal
-
-
-
337
national
-
-
-
9 052
total
-
-
-
23 131
Employee
79 671
-
50 500
-
national
13 464
-
7 961
-
regional
1 203
-
645
-
municipal
475
-
301
-
social contributions
26 865
-
17 029
-
total
42 007
-
25 936
-
Employer
79 671
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
nationa
-
12 120
-
-
municipal
-
2 435
-
-
total
-
14 555
-
-
Dividends
-
35 945
-
-
withholding
-
9 346
-
-
total
-
9 346
-
-
Income
50 500
50 500
50 500
50 500
Total tax
42 007
23 901
25 936
23 131
After tax
8 493
26 599
24 564
27 369
Living cost
37 665
37 665
37 665
37 665
Free-cash
-29 172
-11 066
-13 101
-10 296

Estimated living cost  is ₽37665 per week

₽26457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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