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
-₽2782
₽10476
₽9398
₽7606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 903
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.

-
-
-
269
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.

-
-
-
6 414
trade
-
-
-
1 078
total
-
-
-
12 664
Employee

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

35 910
-
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.

55
-
269
-
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.

1 003
-
4 903
-
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.

6 414
-
6 414
-
total
7 472
-
11 586
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 590
50 500
-
-
income
2 188
7 576
-
-
surtax

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

121
417
-
-
chamber of commerce
164
216
-
-
trade
2 298
7 954
-
-
total
4 771
16 163
-
-
Dividends
9 818
34 338
-
-
surtax

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

116
453
-
-
withholding
2 097
8 228
-
-
total
2 213
8 681
-
-
Income
50 500
50 500
50 500
50 500
Total tax
14 456
24 844
11 586
12 664
After tax
36 044
25 656
38 914
37 836
Living cost
28 438
28 438
28 438
28 438
Free-cash
7 606
-2 782
10 476
9 398

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18439
-₽17540
-₽17937
-₽33960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
543
municipal
-
-
-
4 661
national
-
-
-
7 222
pensions
-
-
-
6 060
total
-
-
-
18 486
Employee
77 434
-
43 657
-
municipal
9 564
-
4 856
-
pensions
3 097
-
1 746
-
national
14 821
-
7 525
-
total
27 482
-
14 127
-
Employer
77 434
-
43 657
-
pensions
6 195
-
3 493
-
social contributions
832
-
469
-
total
7 027
-
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
34 509
18 988
18 089
18 486
After tax
15 991
31 512
32 411
32 014
Living cost
49 951
49 951
49 951
49 951
Free-cash
-33 960
-18 439
-17 540
-17 937

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20867
₽9426
₽20435
₽13166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 956
microenterprise
-
-
-
7 576
total
-
-
-
10 532
Employee
27 434
-
40 695
-
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.

3 018
-
4 476
-
income
4 884
-
7 262
-
total
7 902
-
11 738
-
Employer
27 434
-
40 695
-
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.

6 608
-
9 803
-
surtax
-
-
-
-
total
6 608
-
9 803
-
Corporate
16 457
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%.

3 291
10 100
-
-
total
3 291
10 100
-
-
Dividends

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

13 166
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 801
10 100
21 541
10 532
After tax
32 699
40 400
28 959
39 968
Living cost
19 533
19 533
19 533
19 533
Free-cash
13 166
20 867
9 426
20 435

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37461
-₽42732
-₽10424
-₽42732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 751
health
-
-
-
7 752
pensions
-
-
-
9 090
total
-
-
-
21 593
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
53 901
48 630
53 901
21 593
After tax
-3 401
1 870
-3 401
28 907
Living cost
39 331
39 331
39 331
39 331
Free-cash
-42 732
-37 461
-42 732
-10 424

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10190
-₽10795
-₽12588
-₽20217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
101
other
-
-
-
5 868
unemployment
-
-
-
50
health
-
-
-
3 151
municipal
-
-
-
10 696
national
-
-
-
-
pensions
-
-
-
5 459
total
-
-
-
25 325
Employee
53 808
-
38 426
-
municipal
16 046
-
11 459
-
national
-
-
-
-
total
16 046
-
11 459
-
Employer
53 808
-
38 426
-
health
3 309
-
2 363
-
pensions
5 817
-
4 154
-
accident
108
-
77
-
unemployment
1 421
-
1 014
-
other
6 253
-
4 465
-
total
16 908
-
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
32 954
22 927
23 532
25 325
After tax
17 546
27 573
26 968
25 175
Living cost
37 763
37 763
37 763
37 763
Free-cash
-20 217
-10 190
-10 795
-12 588

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11484
₽2031
₽905
₽1709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 903
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.

-
-
-
269
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.

-
-
-
6 414
trade
-
-
-
1 126
total
-
-
-
12 712
Employee

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

47 612
-
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.

224
-
269
-
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.

4 091
-
4 903
-
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.

6 414
-
6 414
-
total
10 729
-
11 586
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 888
50 500
-
-
income
433
7 576
-
-
surtax

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

23
417
-
-
chamber of commerce
146
214
-
-
trade
476
8 308
-
-
total
1 078
16 515
-
-
Dividends
1 810
33 985
-
-
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.

5
447
-
-
withholding
96
8 139
-
-
total
101
8 586
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 908
25 101
11 586
12 712
After tax
38 592
25 399
38 914
37 788
Living cost
36 883
36 883
36 883
36 883
Free-cash
1 709
-11 484
2 031
905

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1184
₽3336
₽9562
₽2868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 318
social contributions
-
-
-
7 879
health
-
-
-
1 288
total
-
-
-
10 485
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
3 806
-
income
7 581
6 683
7 472
-
health
718
1 228
779
-
total
11 807
13 903
12 057
-
Employer
72 195
72 195
72 195
-
health
782
1 336
848
-
social contributions
3 508
5 992
3 806
-
total
4 290
7 328
4 654
-
Corporate
3 950
-
-
-
income
494
-
-
-
total
494
-
-
-
Dividends
3 456
-
-
-
withholding
588
-
-
-
total
588
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 179
21 231
16 711
10 485
After tax
33 321
29 269
33 789
40 015
Living cost
30 453
30 453
30 453
30 453
Free-cash
2 868
-1 184
3 336
9 562

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11780
₽12451
₽18159
₽12130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
42 259
-
unemployment
364
145
634
-
pensions
2 429
967
4 226
-
income
2 969
1 182
5 166
-
health
1 700
677
2 958
-
total
7 462
2 971
12 984
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
42 259
-
pensions
4 736
1 885
8 241
-
total
4 736
1 885
8 241
-
Corporate
21 479
38 950
-
-
income
1 933
3 505
-
-
total
1 933
3 505
-
-
Dividends
19 546
35 444
-
-
social contributions
3 701
6 801
-
-
withholding
3 714
6 734
-
-
total
7 415
13 535
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 546
21 896
21 225
15 517
After tax
28 954
28 604
29 275
34 983
Living cost
16 824
16 824
16 824
16 824
Free-cash
12 130
11 780
12 451
18 159

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17723
₽7379
₽5619
₽11890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 538
health
-
-
-
6 566
pensions
-
-
-
10 100
total
-
-
-
22 204
Employee
26 635
-
37 743
-
unemployment
426
-
604
-
pensions
533
-
755
-
income
2 999
-
6 330
-
total
3 958
-
7 689
-
Employer
26 635
-
37 743
-
health
3 462
-
4 907
-
pensions
5 327
-
7 547
-
unemployment
214
-
301
-
total
9 003
-
12 755
-
Corporate
14 863
50 500
-
-
income
2 972
10 100
-
-
total
2 972
10 100
-
-
Dividends
11 891
40 400
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
15 933
10 100
20 444
22 204
After tax
34 567
40 400
30 056
28 296
Living cost
22 677
22 677
22 677
22 677
Free-cash
11 890
17 723
7 379
5 619

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16841
₽5737
₽14012
₽879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
240
income
-
-
-
8 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
15 557
Employee
32 926
-
41 950
-
pensions
3 708
-
4 724
-
income
4 517
-
5 755
-
health
3 770
-
4 803
-
total
11 995
-
15 282
-
Employer
32 926
-
41 950
-
pensions
5 354
-
6 821
-
accident
550
-
701
-
unemployment
807
-
1 028
-
total
6 711
-
8 550
-
Corporate
10 864
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.

9 778
45 450
-
-
total
9 778
45 450
-
-
Dividends
1 086
5 050
-
-
withholding
206
960
-
-
total
206
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 690
46 410
23 832
15 557
After tax
21 810
4 090
26 668
34 943
Living cost
20 931
20 931
20 931
20 931
Free-cash
879
-16 841
5 737
14 012

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40424
₽32849
₽42444
₽39009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
50 500
-
income
1 887
-
10 100
-
total
1 887
-
10 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

41 062
50 500
-
-
total
-
-
-
-
Dividends
41 062
50 500
-
-
withholding
2 053
2 525
-
-
total
2 053
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
3 940
2 525
10 100
505
After tax
46 560
47 975
40 400
49 995
Living cost
7 551
7 551
7 551
7 551
Free-cash
39 009
40 424
32 849
42 444

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12086
₽4585
₽2328
₽5744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
6 414
other
-
-
-
2 398
health
-
-
-
2 222
pensions

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

-
-
-
12 121
total
-
-
-
23 155
Employee
34 090
-
40 335
-
unemployment
340
-
403
-
pensions

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

2 386
-
2 824
-
income
5 869
-
6 943
-
health
477
-
565
-
total
9 072
-
10 735
-
Employer
34 090
-
40 335
-
health
477
-
565
-
pensions

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

5 796
-
6 856
-
accident
273
-
322
-
unemployment
340
-
403
-
other
1 705
-
2 017
-
total
8 591
-
10 163
-
Corporate
7 819
50 500
-
-
income
1 643
10 605
-
-
total
1 643
10 605
-
-
Dividends
6 176
39 895
-
-
withholding
433
2 792
-
-
total
433
2 792
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 739
13 397
20 898
23 155
After tax
30 761
37 103
29 602
27 345
Living cost
25 017
25 017
25 017
25 017
Free-cash
5 744
12 086
4 585
2 328

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25158
-₽29964
-₽24974
-₽50848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 505
pensions
-
-
-
2 973
total
-
-
-
12 478
Employee
89 130
-
45 183
-
pensions
8 599
-
3 325
-
income
16 067
-
8 258
-
health
1 469
-
568
-
total
26 135
-
12 151
-
Employer
89 130
-
45 183
-
health
1 693
-
859
-
pensions
10 524
-
4 458
-
total
12 217
-
5 317
-
Corporate
-
50 500
-
-
income

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

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
38 352
12 662
17 468
12 478
After tax
12 148
37 838
33 032
38 022
Living cost
62 996
62 996
62 996
62 996
Free-cash
-50 848
-25 158
-29 964
-24 974

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30867
₽22599
₽21858
₽26508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 575
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
16 332
Employee
16 300
-
44 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
4 406
-
health
750
-
1 509
-
total
3 990
-
9 156
-
Employer
16 300
-
44 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
31 001
50 500
-
-
income
3 100
5 050
-
-
total
3 100
5 050
-
-
Dividends
27 901
45 450
-
-
withholding
1 395
2 273
-
-
total
1 395
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
11 682
7 323
15 591
16 332
After tax
38 818
43 177
34 909
34 168
Living cost
12 310
12 310
12 310
12 310
Free-cash
26 508
30 867
22 599
21 858

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50192
-₽55463
-₽23155
-₽51786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 751
health
-
-
-
7 752
pensions
-
-
-
9 090
total
-
-
-
21 593
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
50 224
48 630
53 901
21 593
After tax
276
1 870
-3 401
28 907
Living cost
52 062
52 062
52 062
52 062
Free-cash
-51 786
-50 192
-55 463
-23 155

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11779
₽2636
₽1607
₽3578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
4 340
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
health
-
-
-
6 817
total
-
-
-
25 903
Employee
33 809
-
37 687
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
2 450
-
income
4 057
-
4 522
-
health
4 564
-
5 088
-
total
10 819
-
12 060
-
Employer
33 809
-
37 687
-
health
3 043
-
3 392
-
social contributions
8 452
-
9 422
-
total
11 495
-
12 814
-
Corporate
5 195
50 500
-
-
income
987
9 595
-
-
total
987
9 595
-
-
Dividends
4 208
40 905
-
-
withholding
631
6 136
-
-
total
631
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 932
15 731
24 874
25 903
After tax
26 568
34 769
25 626
24 597
Living cost
22 990
22 990
22 990
22 990
Free-cash
3 578
11 779
2 636
1 607

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12673
-₽14817
-₽11965
-₽32941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 989
regional
-
-
-
500
municipal
-
-
-
299
national
-
-
-
9 060
total
-
-
-
22 848
Employee
83 442
-
50 500
-
municipal
442
-
267
-
national
14 458
-
7 968
-
regional
787
-
436
-
social contributions
28 137
-
17 029
-
total
43 824
-
25 700
-
Employer
83 442
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
1 969
-
-
nationa
-
12 119
-
-
total
-
14 088
-
-
Dividends
-
36 412
-
-
withholding
-
9 468
-
-
total
-
9 468
-
-
Income
50 500
50 500
50 500
50 500
Total tax
43 824
23 556
25 700
22 848
After tax
6 676
26 944
24 800
27 652
Living cost
39 617
39 617
39 617
39 617
Free-cash
-32 941
-12 673
-14 817
-11 965

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11048
₽6957
₽8114
₽8124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 407
other
-
-
-
-
surtax
-
-
-
362
unemployment
-
-
-
214
health
-
-
-
3 585
pensions
-
-
-
10 100
total
-
-
-
21 668
Employee
31 048
-
41 718
-
other
-
-
-
-
unemployment
2 161
-
2 904
-
pensions
2 070
-
2 783
-
surtax
102
-
299
-
income
5 204
-
6 993
-
health
793
-
1 064
-
total
10 330
-
14 043
-
Employer
31 048
-
41 718
-
health
1 413
-
1 899
-
pensions
4 139
-
5 561
-
unemployment
983
-
1 322
-
other
-
-
-
-
total
6 535
-
8 782
-
Corporate
12 917
50 500
-
-
income
3 359
13 129
-
-
total
3 359
13 129
-
-
Dividends
9 558
37 371
-
-
withholding
1 434
5 605
-
-
total
1 434
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 658
18 734
22 825
21 668
After tax
28 842
31 766
27 675
28 832
Living cost
20 718
20 718
20 718
20 718
Free-cash
8 124
11 048
6 957
8 114

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5199
-₽10005
-₽5015
-₽16833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 505
pensions
-
-
-
2 973
total
-
-
-
12 478
Employee
59 733
-
45 183
-
pensions
5 070
-
3 325
-
income
10 758
-
8 258
-
health
867
-
568
-
total
16 695
-
12 151
-
Employer
59 733
-
45 183
-
health
1 135
-
859
-
pensions
6 466
-
4 458
-
total
7 601
-
5 317
-
Corporate
-
50 500
-
-
income

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

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
24 296
12 662
17 468
12 478
After tax
26 204
37 838
33 032
38 022
Living cost
43 037
43 037
43 037
43 037
Free-cash
-16 833
-5 199
-10 005
-5 015

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51190
-₽34039
-₽31341
-₽44708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 003
health
-
-
-
242
city
-
-
-
530
national
-
-
-
130
pensions
-
-
-
4 647
total
-
-
-
7 561
Employee
86 926
-
45 139
-
unemployment
-
-
-
-
pensions
7 303
-
3 861
-
national
411
-
101
-
regional
2 846
-
847
-
city
933
-
485
-
health
197
-
101
-
total
11 690
-
5 395
-
Employer
86 926
-
45 139
-
health
197
-
101
-
pensions
7 303
-
3 861
-
unemployment
-
-
-
-
other

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

1 738
-
902
-
total
9 238
-
4 864
-
Corporate
-
50 500
-
-
regional
-
10 682
-
-
national
-
4 293
-
-
total
-
14 975
-
-
Dividends
-
35 526
-
-
withholding
-
12 435
-
-
total
-
12 435
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 928
27 410
10 259
7 561
After tax
29 572
23 090
40 241
42 939
Living cost
74 280
74 280
74 280
74 280
Free-cash
-44 708
-51 190
-34 039
-31 341

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17874
-₽4096
-₽5270
-₽5925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 903
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.

-
-
-
269
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.

-
-
-
6 414
trade
-
-
-
1 174
total
-
-
-
12 760
Employee

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

56 425
-
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.

365
-
269
-
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.

6 635
-
4 903
-
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.

6 414
-
6 414
-
total
13 414
-
11 586
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
7 576
-
-
surtax

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

-
417
-
-
chamber of commerce
-
214
-
-
trade
-
8 661
-
-
total
-
16 868
-
-
Dividends
-
33 633
-
-
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.

-
444
-
-
withholding
-
8 051
-
-
total
-
8 495
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 414
25 363
11 586
12 760
After tax
37 086
25 137
38 914
37 740
Living cost
43 010
43 010
43 010
43 010
Free-cash
-5 925
-17 874
-4 096
-5 270

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6672
-₽1253
-₽1782
-₽2230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 090
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 438
health
-
-
-
438
pensions
-
-
-
14 628
total
-
-
-
20 160
Employee
40 183
-
38 482
-
pensions
4 543
-
4 351
-
surtax
-
-
-
-
social contributions
1 146
-
1 096
-
income
2 371
-
2 167
-
total
8 060
-
7 614
-
Employer
40 183
-
38 482
-
health
2 813
-
2 694
-
pensions
6 601
-
6 321
-
unemployment
1 627
-
1 559
-
social contributions
121
-
116
-
other
1 386
-
1 327
-
total
12 548
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
surtax
-
-
-
-
social contributions
-
6 256
-
-
withholding
-
4 654
-
-
total
-
10 910
-
-
Income
50 500
50 500
50 500
50 500
Total tax
20 608
25 050
19 631
20 160
After tax
29 892
25 450
30 869
30 340
Living cost
32 122
32 122
32 122
32 122
Free-cash
-2 230
-6 672
-1 253
-1 782

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
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.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3490
₽1929
₽1400
₽1729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 090
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 438
health
-
-
-
438
pensions
-
-
-
14 628
total
-
-
-
20 160
Employee
35 869
-
38 482
-
pensions
4 057
-
4 351
-
surtax
-
-
-
-
social contributions
1 023
-
1 096
-
income
1 849
-
2 167
-
total
6 929
-
7 614
-
Employer
35 869
-
38 482
-
health
2 510
-
2 694
-
pensions
5 894
-
6 321
-
unemployment
1 452
-
1 559
-
social contributions
107
-
116
-
other
1 238
-
1 327
-
total
11 201
-
12 017
-
Corporate
3 430
50 500
-
-
income
960
14 140
-
-
surtax
-
-
-
-
total
960
14 140
-
-
Dividends
2 469
36 360
-
-
surtax
-
-
-
-
social contributions
426
6 256
-
-
withholding
315
4 654
-
-
total
741
10 910
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 831
25 050
19 631
20 160
After tax
30 669
25 450
30 869
30 340
Living cost
28 940
28 940
28 940
28 940
Free-cash
1 729
-3 490
1 929
1 400

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10901
₽10496
₽12523
₽11388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 576
social contributions
-
-
-
6 968
health
-
-
-
3 524
total
-
-
-
18 068
Employee
31 834
-
50 500
-
social contributions
4 394
-
6 968
-
income
5 309
-
9 603
-
health
2 222
-
3 524
-
total
11 925
-
20 095
-
Employer
31 834
-
50 500
-
total
-
-
-
-
Corporate
18 666
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%.

934
2 525
-
-
total
934
2 525
-
-
Dividends
17 733
47 975
-
-
social contributions
2 446
6 621
-
-
withholding
2 660
7 196
-
-
health
1 238
3 348
-
-
total
6 344
17 165
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 203
19 690
20 095
18 068
After tax
31 297
30 810
30 405
32 432
Living cost
19 909
19 909
19 909
19 909
Free-cash
11 388
10 901
10 496
12 523

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4302
-₽13062
-₽4916
-₽11001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 984
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
201
health
-
-
-
3 863
pensions
-
-
-
9 343
total
-
-
-
22 334
Employee
46 921
37 416
39 070
-
other
469
374
390
-
unemployment
1 408
1 122
1 172
-
pensions
4 805
3 831
4 002
-
income
5 342
2 760
3 098
-
health
1 816
1 449
1 513
-
total
13 840
9 536
10 175
-
Employer
46 921
37 416
39 070
-
chamber of commerce
187
150
157
-
health
1 773
1 415
1 477
-
pensions
5 889
4 697
4 903
-
accident
609
486
508
-
unemployment
1 408
1 122
1 172
-
surtax
185
185
185
-
payroll
1 408
1 122
1 172
-
other
2 229
1 776
1 855
-
total
13 688
10 953
11 429
-
Corporate
3 563
3 563
35 507
-
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.

891
891
8 876
-
total
891
891
8 876
-
Dividends
-
1 240
-
-
withholding
-
340
-
-
total
-
340
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 419
21 720
30 480
22 334
After tax
22 081
28 780
20 020
28 166
Living cost
33 082
33 082
33 082
33 082
Free-cash
-11 001
-4 302
-13 062
-4 916

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽5752
-₽12328
-₽6575
-₽36208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
communal

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

-
-
-
2 697
social contributions
-
-
-
5 536
national
-
-
-
14 609
total
-
-
-
22 842
Employee

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

67 159
-
39 111
-
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.

584
-
340
-
communal

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

3 503
-
2 040
-
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.

5 037
-
2 933
-
national
20 647
-
10 059
-
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.

3 155
-
1 837
-
total
32 926
-
17 209
-
Employer

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

67 159
-
39 111
-
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.

4 130
-
2 405
-
pensions

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

5 951
-
3 465
-
accident

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

873
-
510
-
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.

980
-
570
-
surtax
7 615
-
4 436
-
total
19 549
-
11 386
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
surtax
-
201
-
-
total
-
10 301
-
-
Dividends
-
40 198
-
-
withholding

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

-
11 718
-
-
total
-
11 718
-
-
Income
50 500
50 500
50 500
50 500
Total tax
52 475
22 019
28 595
22 842
After tax
-1 975
28 481
21 905
27 658
Living cost
34 233
34 233
34 233
34 233
Free-cash
-36 208
-5 752
-12 328
-6 575

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽217
-₽5543
-₽5930
-₽11133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
454
income
-
-
-
7 375
other
-
-
-
50
unemployment
-
-
-
353
pensions
-
-
-
14 291
total
-
-
-
22 523
Employee
46 735
-
38 292
-
other
46
-
37
-
unemployment
725
-
593
-
pensions
2 197
-
1 800
-
income
9 861
-
7 498
-
total
12 829
-
9 928
-
Employer
46 735
-
38 292
-
pensions
11 029
-
9 037
-
accident
925
-
759
-
unemployment
2 571
-
2 106
-
other
372
-
306
-
total
14 897
-
12 208
-
Corporate
-
50 500
-
-
income

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

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 800
-
-
total
-
8 800
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 726
16 376
22 136
22 523
After tax
22 774
34 124
28 364
27 977
Living cost
33 907
33 907
33 907
33 907
Free-cash
-11 133
217
-5 543
-5 930

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19251
-₽16343
-₽17385
-₽29095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
communal
-
-
-
-
accident
-
-
-
454
income
-
-
-
1 867
surtax
-
-
-
2 673
health
-
-
-
3 788
pensions
-
-
-
8 080
total
-
-
-
16 862
Employee
71 101
-
45 110
-
pensions
5 687
-
3 608
-
surtax
4 358
-
2 765
-
income
6 868
-
2 052
-
health
3 164
-
2 006
-
total
20 077
-
10 431
-
Employer
71 101
-
45 110
-
health
2 168
-
1 375
-
pensions
5 687
-
3 608
-
accident
640
-
406
-
total
8 495
-
5 389
-
Corporate
-
50 500
-
-
communal
-
3 408
-
-
income
-
7 576
-
-
surtax
-
531
-
-
total
-
11 515
-
-
Dividends
-
38 985
-
-
income
-
1 365
-
-
withholding
-
5 848
-
-
total
-
7 213
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 572
18 728
15 820
16 862
After tax
21 928
31 772
34 680
33 638
Living cost
51 023
51 023
51 023
51 023
Free-cash
-29 095
-19 251
-16 343
-17 385

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
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.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10678
₽6587
₽7744
₽7688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 407
other
-
-
-
-
surtax
-
-
-
362
unemployment
-
-
-
214
health
-
-
-
3 585
pensions
-
-
-
10 100
total
-
-
-
21 668
Employee
31 618
-
41 718
-
other
-
-
-
-
unemployment
2 200
-
2 904
-
pensions
2 110
-
2 783
-
surtax
112
-
299
-
income
5 301
-
6 993
-
health
807
-
1 064
-
total
10 530
-
14 043
-
Employer
31 618
-
41 718
-
health
1 438
-
1 899
-
pensions
4 216
-
5 561
-
unemployment
1 003
-
1 322
-
other
-
-
-
-
total
6 657
-
8 782
-
Corporate
12 225
50 500
-
-
income
3 179
13 129
-
-
total
3 179
13 129
-
-
Dividends
9 047
37 371
-
-
withholding
1 358
5 605
-
-
total
1 358
5 605
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 724
18 734
22 825
21 668
After tax
28 776
31 766
27 675
28 832
Living cost
21 088
21 088
21 088
21 088
Free-cash
7 688
10 678
6 587
7 744

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽1253
-₽735
₽2099
-₽1581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 989
regional
-
-
-
762
municipal
-
-
-
299
national
-
-
-
9 060
total
-
-
-
23 110
Employee
52 081
-
50 500
-
municipal
276
-
267
-
national
8 251
-
7 968
-
regional
701
-
680
-
social contributions
17 562
-
17 029
-
total
26 790
-
25 944
-
Employer
52 081
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
2 510
-
-
nationa
-
12 119
-
-
total
-
14 629
-
-
Dividends
-
35 870
-
-
withholding
-
9 327
-
-
total
-
9 327
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 790
23 956
25 944
23 110
After tax
23 710
26 544
24 556
27 390
Living cost
25 291
25 291
25 291
25 291
Free-cash
-1 581
1 253
-735
2 099

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6439
-₽2704
-₽3733
-₽5327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
4 340
social contributions
-
-
-
14 746
solidarity contribution
-
-
-
-
health
-
-
-
6 817
total
-
-
-
25 903
Employee
41 662
-
37 687
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
2 450
-
income
4 999
-
4 522
-
health
5 624
-
5 088
-
total
13 331
-
12 060
-
Employer
41 662
-
37 687
-
health
3 750
-
3 392
-
social contributions
10 416
-
9 422
-
total
14 166
-
12 814
-
Corporate
-
50 500
-
-
income
-
9 595
-
-
total
-
9 595
-
-
Dividends
-
40 905
-
-
withholding
-
6 136
-
-
total
-
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 497
15 731
24 874
25 903
After tax
23 003
34 769
25 626
24 597
Living cost
28 330
28 330
28 330
28 330
Free-cash
-5 327
6 439
-2 704
-3 733

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1041
-₽9888
-₽1603
-₽3243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 984
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
201
health
-
-
-
3 863
pensions
-
-
-
9 343
total
-
-
-
22 149
Employee
41 041
37 416
39 216
-
other
410
374
392
-
unemployment
1 231
1 122
1 176
-
pensions
4 203
3 831
4 016
-
income
3 656
2 760
3 134
-
health
1 587
1 449
1 518
-
total
11 087
9 536
10 236
-
Employer
41 041
37 416
39 216
-
chamber of commerce
164
150
157
-
health
1 552
1 415
1 482
-
pensions
5 151
4 697
4 921
-
accident
533
486
510
-
unemployment
1 231
1 122
1 176
-
surtax
-
-
-
-
payroll
1 231
1 122
1 176
-
other
1 949
1 776
1 862
-
total
11 811
10 768
11 284
-
Corporate
3 563
3 563
35 653
-
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.

891
891
8 914
-
total
891
891
8 914
-
Dividends
-
1 425
-
-
withholding
-
392
-
-
total
-
392
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 789
21 587
30 434
22 149
After tax
26 711
28 913
20 066
28 351
Living cost
29 954
29 954
29 954
29 954
Free-cash
-3 243
-1 041
-9 888
-1 603

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36208
₽28633
₽38228
₽34001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
50 500
-
income
2 942
-
10 100
-
total
2 942
-
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%.

35 791
50 500
-
-
total
-
-
-
-
Dividends
35 791
50 500
-
-
withholding
1 790
2 525
-
-
total
1 790
2 525
-
-
Income
50 500
50 500
50 500
50 500
Total tax
4 732
2 525
10 100
505
After tax
45 768
47 975
40 400
49 995
Living cost
11 767
11 767
11 767
11 767
Free-cash
34 001
36 208
28 633
38 228

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9587
₽1237
₽2836
₽1733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
50 500
income
-
-
-
8 211
unemployment
-
-
-
77
health
-
-
-
4 971
pensions
-
-
-
9 222
total
-
-
-
22 481
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.

41 517
-
43 696
-
unemployment
59
-
61
-
pensions
6 435
-
6 772
-
income
7 160
-
7 619
-
health
2 681
-
2 824
-
total
16 335
-
17 276
-
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.

41 517
-
43 696
-
health
2 765
-
2 911
-
pensions
3 674
-
3 866
-
unemployment
25
-
27
-
total
6 464
-
6 804
-
Corporate
2 519
50 500
-
-
income
479
9 594
-
-
total
479
9 594
-
-
Dividends
2 039
40 906
-
-
withholding
306
6 136
-
-
total
306
6 136
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 584
15 730
24 080
22 481
After tax
26 916
34 770
26 420
28 019
Living cost
25 183
25 183
25 183
25 183
Free-cash
1 733
9 587
1 237
2 836

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9377
-₽1827
-₽5202
-₽88073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
9 844
social contributions
-
-
-
5 757
total
-
-
-
15 601
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
19 776
12 226
15 601
After tax
-47 972
30 724
38 274
34 899
Living cost
40 101
40 101
40 101
40 101
Free-cash
-88 073
-9 377
-1 827
-5 202

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽726
-₽1372
-₽169
-₽2937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income
-
-
-
3 671
surtax
-
-
-
-
social contributions

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

-
-
-
17 548
total
-
-
-
21 219
Employee
43 181
-
40 808
-
surtax
-
-
-
-
social contributions
4 750
-
4 488
-
income
8 982
-
8 242
-
total
13 732
-
12 730
-
Employer
43 181
-
40 808
-
social contributions
10 255
-
9 692
-
total
10 255
-
9 692
-
Corporate
-
50 500
-
-
income
-
10 605
-
-
surtax
-
-
-
-
total
-
10 605
-
-
Dividends
-
39 895
-
-
withholding
-
11 171
-
-
total
-
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
23 987
21 776
22 422
21 219
After tax
26 513
28 724
28 078
29 281
Living cost
29 450
29 450
29 450
29 450
Free-cash
-2 937
-726
-1 372
-169

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19897
-₽14478
-₽15007
-₽26669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
2 090
other
-
-
-
1 566
surtax
-
-
-
-
social contributions
-
-
-
1 438
health
-
-
-
438
pensions
-
-
-
14 628
total
-
-
-
20 160
Employee
58 804
-
38 482
-
pensions
6 651
-
4 351
-
surtax
-
-
-
-
social contributions
1 675
-
1 096
-
income
5 131
-
2 167
-
total
13 457
-
7 614
-
Employer
58 804
-
38 482
-
health
4 116
-
2 694
-
pensions
9 662
-
6 321
-
unemployment
2 382
-
1 559
-
social contributions
176
-
116
-
other
2 029
-
1 327
-
total
18 365
-
12 017
-
Corporate
-
50 500
-
-
income
-
14 140
-
-
surtax
-
-
-
-
total
-
14 140
-
-
Dividends
-
36 360
-
-
surtax
-
-
-
-
social contributions
-
6 256
-
-
withholding
-
4 654
-
-
total
-
10 910
-
-
Income
50 500
50 500
50 500
50 500
Total tax
31 822
25 050
19 631
20 160
After tax
18 678
25 450
30 869
30 340
Living cost
45 347
45 347
45 347
45 347
Free-cash
-26 669
-19 897
-14 478
-15 007

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17229
₽12658
₽11169
₽14073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
-
social contributions
-
-
-
11 109
total
-
-
-
11 109
Employee
30 184
-
43 722
-
income
-
-
-
-
social contributions
1 962
-
2 842
-
total
1 962
-
2 842
-
Employer
30 184
-
43 722
-
social contributions
4 679
-
6 778
-
total
4 679
-
6 778
-
Corporate
15 637
50 500
-
-
income
1 564
5 049
-
-
total
1 564
5 049
-
-
Dividends
14 073
45 451
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
8 205
5 049
9 620
11 109
After tax
42 295
45 451
40 880
39 391
Living cost
28 222
28 222
28 222
28 222
Free-cash
14 073
17 229
12 658
11 169

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154058
-₽154058
-₽12216
-₽154058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
labour market
-
-
-
3 975
municipal
-
-
-
8 017
national
-
-
-
4 694
pensions
-
-
-
814
total
-
-
-
17 500
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
159 342
159 342
159 342
17 500
After tax
-108 842
-108 842
-108 842
33 000
Living cost
45 216
45 216
45 216
45 216
Free-cash
-154 058
-154 058
-154 058
-12 216

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16532
₽6046
₽14321
₽927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
240
income
-
-
-
8 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
15 557
Employee
32 441
-
41 950
-
pensions
3 653
-
4 724
-
income
4 450
-
5 755
-
health
3 715
-
4 803
-
total
11 818
-
15 282
-
Employer
32 441
-
41 950
-
pensions
5 275
-
6 821
-
accident
542
-
701
-
unemployment
795
-
1 028
-
total
6 612
-
8 550
-
Corporate
11 448
50 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

10 303
45 450
-
-
total
10 303
45 450
-
-
Dividends
1 145
5 050
-
-
withholding
218
960
-
-
total
218
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
28 951
46 410
23 832
15 557
After tax
21 549
4 090
26 668
34 943
Living cost
20 622
20 622
20 622
20 622
Free-cash
927
-16 532
6 046
14 321

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1100
-₽4741
₽3574
-₽8218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
health
-
-
-
387
municipal
-
-
-
9 021
national
-
-
-
1 472
total
-
-
-
10 880
Employee
49 396
-
42 482
-
municipal
8 091
-
6 968
-
unemployment
741
-
638
-
pensions
3 334
-
2 867
-
national
816
-
442
-
health
369
-
262
-
total
13 351
-
11 177
-
Employer
49 396
-
42 482
-
health
380
-
328
-
pensions
8 570
-
7 371
-
accident
50
-
43
-
unemployment
321
-
276
-
total
9 321
-
8 018
-
Corporate
-
50 500
-
-
income
-
10 100
-
-
total
-
10 100
-
-
Dividends

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

-
30 300
-
-
municipal
-
5 454
-
-
national
-
-
-
-
total
-
5 454
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 672
15 554
19 195
10 880
After tax
27 828
34 946
31 305
39 620
Living cost
36 046
36 046
36 046
36 046
Free-cash
-8 218
-1 100
-4 741
3 574

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7531
₽12051
₽18277
₽10365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 318
social contributions
-
-
-
7 879
health
-
-
-
1 288
total
-
-
-
10 485
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
3 806
-
income
7 861
6 683
7 472
-
health
559
1 228
779
-
total
11 150
13 903
12 057
-
Employer
72 195
72 195
72 195
-
health
608
1 336
848
-
social contributions
2 730
5 992
3 806
-
total
3 338
7 328
4 654
-
Corporate
14 275
-
-
-
income
1 785
-
-
-
total
1 785
-
-
-
Dividends
12 490
-
-
-
withholding
2 124
-
-
-
total
2 124
-
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 397
21 231
16 711
10 485
After tax
32 103
29 269
33 789
40 015
Living cost
21 738
21 738
21 738
21 738
Free-cash
10 365
7 531
12 051
18 277

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26913
₽16395
₽22007
₽22136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
50 500
income
-
-
-
4 189
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
13 586
Employee

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

21 550
-
45 786
-
unemployment
107
-
228
-
pensions
3 232
-
6 868
-
income
1 473
-
3 496
-
health
1 832
-
3 891
-
total
6 644
-
14 483
-
Employer

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

21 550
-
45 786
-
health
926
-
1 969
-
pensions
1 185
-
2 518
-
unemployment
107
-
228
-
total
2 218
-
4 715
-
Corporate
26 731
50 500
-
-
income
2 405
4 545
-
-
total
2 405
4 545
-
-
Dividends
24 326
45 955
-
-
withholding
2 190
4 135
-
-
total
2 190
4 135
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 457
8 680
19 198
13 586
After tax
37 043
41 820
31 302
36 914
Living cost
14 907
14 907
14 907
14 907
Free-cash
22 136
26 913
16 395
22 007

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8306
₽2546
₽2159
₽3247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
454
income
-
-
-
7 375
other
-
-
-
50
unemployment
-
-
-
353
pensions
-
-
-
14 291
total
-
-
-
22 523
Employee
34 716
-
38 292
-
other
34
-
37
-
unemployment
538
-
593
-
pensions
1 632
-
1 800
-
income
6 693
-
7 498
-
total
8 897
-
9 928
-
Employer
34 716
-
38 292
-
pensions
8 192
-
9 037
-
accident
688
-
759
-
unemployment
1 910
-
2 106
-
other
278
-
306
-
total
11 068
-
12 208
-
Corporate
4 716
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.

707
7 576
-
-
total
707
7 576
-
-
Dividends
4 009
42 924
-
-
withholding
763
8 800
-
-
total
763
8 800
-
-
Income
50 500
50 500
50 500
50 500
Total tax
21 435
16 376
22 136
22 523
After tax
29 065
34 124
28 364
27 977
Living cost
25 818
25 818
25 818
25 818
Free-cash
3 247
8 306
2 546
2 159

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29615
₽29680
₽29814
₽29303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 402
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
18 789
Employee
2 889
-
48 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
16 329
-
health
144
-
346
-
total
992
-
17 367
-
Employer
2 889
-
48 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
46 960
50 500
-
-
income
10 331
11 110
-
-
total
10 331
11 110
-
-
Dividends
36 629
39 390
-
-
withholding
7 326
7 878
-
-
total
7 326
7 878
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 300
18 988
18 923
18 789
After tax
31 200
31 512
31 577
31 711
Living cost
1 897
1 897
1 897
1 897
Free-cash
29 303
29 615
29 680
29 814

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20241
₽11016
₽8842
₽15617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
50 500
income
-
-
-
6 324
unemployment
-
-
-
757
health
-
-
-
5 202
pensions
-
-
-
13 130
total
-
-
-
25 413
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.

24 497
-
42 833
-
unemployment
184
-
321
-
pensions
3 430
-
5 997
-
income
3 377
-
7 048
-
health
1 262
-
2 206
-
total
8 253
-
15 572
-
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.

24 497
-
42 833
-
health
1 262
-
2 206
-
pensions
2 940
-
5 140
-
unemployment
184
-
321
-
total
4 386
-
7 667
-
Corporate
21 618
50 500
-
-
income
3 243
7 575
-
-
total
3 243
7 575
-
-
Dividends
18 376
42 925
-
-
withholding
2 756
6 439
-
-
total
2 756
6 439
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 638
14 014
23 239
25 413
After tax
31 862
36 486
27 261
25 087
Living cost
16 245
16 245
16 245
16 245
Free-cash
15 617
20 241
11 016
8 842

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3412
₽2766
₽3969
₽3074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income
-
-
-
3 671
surtax
-
-
-
-
social contributions

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

-
-
-
17 548
total
-
-
-
21 219
Employee
36 440
-
40 808
-
surtax
-
-
-
-
social contributions
4 009
-
4 488
-
income
7 120
-
8 242
-
total
11 129
-
12 730
-
Employer
36 440
-
40 808
-
social contributions
8 654
-
9 692
-
total
8 654
-
9 692
-
Corporate
5 406
50 500
-
-
income
1 135
10 605
-
-
surtax
-
-
-
-
total
1 135
10 605
-
-
Dividends
4 271
39 895
-
-
withholding
1 196
11 171
-
-
total
1 196
11 171
-
-
Income
50 500
50 500
50 500
50 500
Total tax
22 114
21 776
22 422
21 219
After tax
28 386
28 724
28 078
29 281
Living cost
25 312
25 312
25 312
25 312
Free-cash
3 074
3 412
2 766
3 969

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1128
-₽4632
-₽5019
-₽9301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
454
income
-
-
-
7 375
other
-
-
-
50
unemployment
-
-
-
353
pensions
-
-
-
14 291
total
-
-
-
22 523
Employee
45 344
-
38 292
-
other
45
-
37
-
unemployment
702
-
593
-
pensions
2 131
-
1 800
-
income
9 471
-
7 498
-
total
12 349
-
9 928
-
Employer
45 344
-
38 292
-
pensions
10 701
-
9 037
-
accident
898
-
759
-
unemployment
2 494
-
2 106
-
other
363
-
306
-
total
14 456
-
12 208
-
Corporate
-
50 500
-
-
income

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

-
7 576
-
-
total
-
7 576
-
-
Dividends
-
42 924
-
-
withholding
-
8 800
-
-
total
-
8 800
-
-
Income
50 500
50 500
50 500
50 500
Total tax
26 805
16 376
22 136
22 523
After tax
23 695
34 124
28 364
27 977
Living cost
32 996
32 996
32 996
32 996
Free-cash
-9 301
1 128
-4 632
-5 019

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27026
₽18758
₽18017
₽21304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 575
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
16 332
Employee
21 387
-
44 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
4 406
-
health
984
-
1 509
-
total
5 236
-
9 156
-
Employer
21 387
-
44 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
24 917
50 500
-
-
income
2 492
5 050
-
-
total
2 492
5 050
-
-
Dividends
22 426
45 450
-
-
withholding
1 121
2 273
-
-
total
1 121
2 273
-
-
Income
50 500
50 500
50 500
50 500
Total tax
13 045
7 323
15 591
16 332
After tax
37 455
43 177
34 909
34 168
Living cost
16 151
16 151
16 151
16 151
Free-cash
21 304
27 026
18 758
18 017

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10069
₽2666
₽1683
₽2213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income

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

-
-
-
4 903
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.

-
-
-
269
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.

-
-
-
6 414
trade
-
-
-
983
total
-
-
-
12 569
Employee

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

46 715
-
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.

212
-
269
-
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.

3 841
-
4 903
-
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.

6 414
-
6 414
-
total
10 467
-
11 586
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 785
50 500
-
-
income
568
7 576
-
-
surtax

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

32
417
-
-
chamber of commerce
148
217
-
-
trade
543
7 246
-
-
total
1 291
15 456
-
-
Dividends
2 493
35 044
-
-
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.

14
461
-
-
withholding
267
8 404
-
-
total
281
8 865
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 039
24 321
11 586
12 569
After tax
38 461
26 179
38 914
37 931
Living cost
36 248
36 248
36 248
36 248
Free-cash
2 213
-10 069
2 666
1 683

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
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.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18133
-₽13721
-₽13721
-₽22942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
income
-
-
-
7 161
social contributions
-
-
-
3 577
total
-
-
-
10 738
Employee
73 441
-
50 500
-
income
13 858
-
7 161
-
social contributions
6 101
-
3 577
-
total
19 959
-
10 738
-
Employer
73 441
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
income
-
6 313
-
-
total
-
6 313
-
-
Dividends
-
44 187
-
-
withholding
-
8 837
-
-
total
-
8 837
-
-
Income
50 500
50 500
50 500
50 500
Total tax
19 959
15 150
10 738
10 738
After tax
30 541
35 350
39 762
39 762
Living cost
53 483
53 483
53 483
53 483
Free-cash
-22 942
-18 133
-13 721
-13 721

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6181
₽2330
-₽15987
-₽778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
50 500
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
46 181
-
income
4 673
-
5 450
-
social contributions
4 315
-
4 319
-
total
8 988
-
9 769
-
Employer
43 070
-
46 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
3 115
50 500
-
-
income
1 090
17 674
-
-
total
1 090
17 674
-
-
Dividends
2 024
32 826
-
-
social contributions
2 803
4 925
-
-
total
2 803
4 925
-
-
Income
50 500
50 500
50 500
50 500
Total tax
17 196
22 599
14 088
32 405
After tax
33 304
27 901
36 412
18 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
-778
-6 181
2 330
-15 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2850
-₽1956
₽3034
-₽3291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 505
pensions
-
-
-
2 973
total
-
-
-
12 478
Employee
48 026
-
45 183
-
pensions
3 666
-
3 325
-
income
8 746
-
8 258
-
health
626
-
568
-
total
13 038
-
12 151
-
Employer
48 026
-
45 183
-
health
913
-
859
-
pensions
4 852
-
4 458
-
total
5 765
-
5 317
-
Corporate
-
50 500
-
-
income

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

-
9 594
-
-
total
-
9 594
-
-
Dividends
-
40 906
-
-
withholding
-
3 068
-
-
total
-
3 068
-
-
Income
50 500
50 500
50 500
50 500
Total tax
18 803
12 662
17 468
12 478
After tax
31 697
37 838
33 032
38 022
Living cost
34 988
34 988
34 988
34 988
Free-cash
-3 291
2 850
-1 956
3 034

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18574
₽4004
₽12279
₽615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
accident
-
-
-
240
income
-
-
-
8 930
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
15 557
Employee
35 652
-
41 950
-
pensions
4 014
-
4 724
-
income
4 891
-
5 755
-
health
4 082
-
4 803
-
total
12 987
-
15 282
-
Employer
35 652
-
41 950
-
pensions
5 797
-
6 821
-
accident
595
-
701
-
unemployment
873
-
1 028
-
total
7 265
-
8 550
-
Corporate
7 583
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.

6 825
45 450
-
-
total
6 825
45 450
-
-
Dividends
758
5 050
-
-
withholding
144
960
-
-
total
144
960
-
-
Income
50 500
50 500
50 500
50 500
Total tax
27 221
46 410
23 832
15 557
After tax
23 279
4 090
26 668
34 943
Living cost
22 664
22 664
22 664
22 664
Free-cash
615
-18 574
4 004
12 279

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30238
₽17337
₽17337
₽25671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
50 500
income
-
-
-
6 588
unemployment
-
-
-
606
work injury
-
-
-
253
health insurance
-
-
-
3 737
pensions
-
-
-
9 292
total
-
-
-
20 476
Employee

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

20 298
-
50 500
-
health insurance
1 502
-
3 737
-
unemployment
244
-
606
-
work injury
101
-
253
-
pensions
3 735
-
9 292
-
income
2 030
-
6 588
-
total
7 612
-
20 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 202
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
30 202
50 500
-
-
withholding
4 530
7 575
-
-
total
4 530
7 575
-
-
Income
50 500
50 500
50 500
50 500
Total tax
12 142
7 575
20 476
20 476
After tax
38 358
42 925
30 024
30 024
Living cost
12 687
12 687
12 687
12 687
Free-cash
25 671
30 238
17 337
17 337

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10803
-₽12847
-₽10045
-₽28616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 500
social contributions
-
-
-
12 989
regional
-
-
-
756
municipal
-
-
-
337
national
-
-
-
9 060
total
-
-
-
23 142
Employee
79 116
-
50 500
-
municipal
472
-
301
-
national
13 370
-
7 968
-
regional
1 194
-
646
-
social contributions
26 677
-
17 029
-
total
41 713
-
25 944
-
Employer
79 116
-
50 500
-
total
-
-
-
-
Corporate
-
50 500
-
-
municipal
-
2 434
-
-
nationa
-
12 119
-
-
total
-
14 553
-
-
Dividends
-
35 947
-
-
withholding
-
9 347
-
-
total
-
9 347
-
-
Income
50 500
50 500
50 500
50 500
Total tax
41 713
23 900
25 944
23 142
After tax
8 787
26 600
24 556
27 358
Living cost
37 403
37 403
37 403
37 403
Free-cash
-28 616
-10 803
-12 847
-10 045

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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