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
₽ 51500
per

Your estimated
City
free-cash

Dresden , Germany
₽10479
₽8652
₽11925
-₽1416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
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.

-
-
-
302
trade
-
-
-
1 446
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.

-
-
-
5 487
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.

-
-
-
6 218
total
-
-
-
13 453
Employee

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

34 812
-
51 500
-
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.

972
-
5 487
-
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.

6 218
-
6 218
-
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.

54
-
302
-
total
7 244
-
12 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 688
51 500
-
-
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.

138
425
-
-
income
2 503
7 726
-
-
trade
2 629
8 111
-
-
chamber of commerce
162
212
-
-
total
5 432
16 474
-
-
Dividends
11 256
35 026
-
-
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.

136
463
-
-
withholding
2 468
8 411
-
-
total
2 604
8 874
-
-
Income
51 500
51 500
51 500
51 500
Total tax
15 280
25 348
12 007
13 453
After tax
36 220
26 152
39 493
38 047
Living cost
27 568
27 568
27 568
27 568
Free-cash
8 652
-1 416
11 925
10 479

Estimated living cost  is ₽27568 per week

₽17341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15476
-₽29551
-₽15072
-₽15799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
7 480
pensions
-
-
-
6 180
social contributions
-
-
-
554
municipal
-
-
-
4 827
total
-
-
-
19 041
Employee
74 308
-
44 521
-
pensions
2 972
-
1 781
-
municipal
9 178
-
5 026
-
national
14 222
-
7 789
-
total
26 372
-
14 596
-
Employer
74 308
-
44 521
-
pensions
5 945
-
3 562
-
social contributions
799
-
479
-
total
6 744
-
4 041
-
Corporate
-
51 500
-
-
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%.

-
10 300
-
-
total
-
10 300
-
-
Dividends
-
41 200
-
-
withholding
-
9 064
-
-
total
-
9 064
-
-
Income
51 500
51 500
51 500
51 500
Total tax
33 116
19 364
18 637
19 041
After tax
18 384
32 136
32 863
32 459
Living cost
47 935
47 935
47 935
47 935
Free-cash
-29 551
-15 799
-15 072
-15 476

Estimated living cost  is ₽47935 per week

₽32581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽717
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21974
₽14799
₽10544
₽22266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
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.

-
-
-
2 865
income
-
-
-
-
microenterprise
-
-
-
7 726
total
-
-
-
10 591
Employee
26 595
-
41 501
-
income
4 734
-
7 459
-
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.

2 926
-
4 565
-
surtax
-
-
-
-
total
7 660
-
12 024
-
Employer
26 595
-
41 501
-
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.

6 406
-
9 997
-
total
6 406
-
9 997
-
Corporate
18 499
51 500
-
-
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%.

3 700
10 299
-
-
total
3 700
10 299
-
-
Dividends

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

14 799
41 201
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 766
10 299
22 021
10 591
After tax
33 734
41 201
29 479
40 909
Living cost
18 935
18 935
18 935
18 935
Free-cash
14 799
22 266
10 544
21 974

Estimated living cost  is ₽18935 per week

₽12080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8675
-₽38881
-₽38881
-₽33772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
9 270
income
-
-
-
4 872
health
-
-
-
7 905
total
-
-
-
22 047
Employee
77 723
77 723
77 723
-
pensions
13 990
10 664
13 990
-
income

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

12 722
12 722
12 722
-
health
11 930
10 147
11 930
-
total
38 642
33 533
38 642
-
Employer
77 723
77 723
77 723
-
pensions
5 410
5 410
5 410
-
health
5 403
5 403
5 403
-
unemployment
2 798
2 798
2 798
-
total
13 611
13 611
13 611
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
52 253
47 144
52 253
22 047
After tax
-753
4 356
-753
29 453
Living cost
38 128
38 128
38 128
38 128
Free-cash
-38 881
-33 772
-38 881
-8 675

Estimated living cost  is ₽38128 per week

₽27020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12160
-₽19344
-₽10329
-₽9713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
-
other
-
-
-
5 984
pensions
-
-
-
5 567
municipal
-
-
-
10 908
accident
-
-
-
103
health
-
-
-
3 214
unemployment
-
-
-
52
total
-
-
-
25 828
Employee
53 907
-
39 187
-
municipal
16 075
-
11 686
-
national
-
-
-
-
total
16 075
-
11 686
-
Employer
53 907
-
39 187
-
pensions
5 827
-
4 236
-
other
6 264
-
4 553
-
health
3 315
-
2 410
-
unemployment
1 423
-
1 034
-
accident
108
-
78
-
total
16 937
-
12 311
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
withholding
-
12 051
-
-
total
-
12 051
-
-
Income
51 500
51 500
51 500
51 500
Total tax
33 012
23 381
23 997
25 828
After tax
18 488
28 119
27 503
25 672
Living cost
37 832
37 832
37 832
37 832
Free-cash
-19 344
-9 713
-10 329
-12 160

Estimated living cost  is ₽37832 per week

₽25074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2227
₽2921
₽3738
-₽9869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
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.

-
-
-
302
trade
-
-
-
1 511
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.

-
-
-
5 487
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.

-
-
-
6 218
total
-
-
-
13 518
Employee

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

46 156
-
51 500
-
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.

3 966
-
5 487
-
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.

6 218
-
6 218
-
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.

218
-
302
-
total
10 402
-
12 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 344
51 500
-
-
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.

45
425
-
-
income
801
7 726
-
-
trade
879
8 472
-
-
chamber of commerce
145
211
-
-
total
1 870
16 834
-
-
Dividends
3 474
34 667
-
-
surtax

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

29
458
-
-
withholding
523
8 322
-
-
total
552
8 780
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 824
25 614
12 007
13 518
After tax
38 676
25 886
39 493
37 982
Living cost
35 755
35 755
35 755
35 755
Free-cash
2 921
-9 869
3 738
2 227

Estimated living cost  is ₽35755 per week

₽23913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10939
₽4630
₽5382
₽1397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
8 033
income
-
-
-
1 694
health
-
-
-
1 313
total
-
-
-
11 040
Employee
69 986
69 986
69 986
-
income
7 349
6 479
7 175
-
social contributions
3 401
5 809
3 881
-
health
696
1 190
795
-
total
11 446
13 478
11 851
-
Employer
69 986
69 986
69 986
-
social contributions
3 401
5 809
3 881
-
health
758
1 295
865
-
total
4 159
7 104
4 746
-
Corporate
6 374
-
-
-
income
796
-
-
-
total
796
-
-
-
Dividends
5 578
-
-
-
withholding
948
-
-
-
total
948
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 349
20 582
16 597
11 040
After tax
34 151
30 918
34 903
40 460
Living cost
29 521
29 521
29 521
29 521
Free-cash
4 630
1 397
5 382
10 939

Estimated living cost  is ₽29521 per week

₽20180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17813
₽11693
₽11991
₽11323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
5 150
income
-
-
-
6 296
health
-
-
-
3 605
unemployment
-
-
-
773
total
-
-
-
15 824
Employee

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

The minimum wage is 138,000 HUF per month.

25 785
10 262
43 096
-
pensions
2 579
1 026
4 310
-
income
3 152
1 255
5 269
-
health
1 805
718
3 017
-
unemployment
387
154
646
-
total
7 923
3 153
13 242
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 785
10 262
43 096
-
pensions
5 028
2 001
8 404
-
total
5 028
2 001
8 404
-
Corporate
20 686
39 237
-
-
income
1 862
3 531
-
-
total
1 862
3 531
-
-
Dividends
18 825
35 705
-
-
withholding
3 577
6 784
-
-
social contributions
3 554
6 845
-
-
total
7 131
13 629
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 944
22 314
21 646
15 824
After tax
29 556
29 186
29 854
35 676
Living cost
17 863
17 863
17 863
17 863
Free-cash
11 693
11 323
11 991
17 813

Estimated living cost  is ₽17863 per week

₽12190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6622
₽13563
₽8413
₽19217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
10 301
income
-
-
-
5 898
health
-
-
-
6 695
total
-
-
-
22 894
Employee
25 820
-
38 491
-
pensions
516
-
770
-
income
2 907
-
6 707
-
unemployment
413
-
617
-
total
3 836
-
8 094
-
Employer
25 820
-
38 491
-
pensions
5 164
-
7 698
-
health
3 356
-
5 004
-
unemployment
207
-
307
-
total
8 727
-
13 009
-
Corporate
16 953
51 500
-
-
income
3 390
10 299
-
-
total
3 390
10 299
-
-
Dividends
13 562
41 201
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
15 953
10 299
21 103
22 894
After tax
35 547
41 201
30 397
28 606
Living cost
21 984
21 984
21 984
21 984
Free-cash
13 563
19 217
8 413
6 622

Estimated living cost  is ₽21984 per week

₽15078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15277
₽1052
₽6866
-₽16160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
342
pensions
-
-
-
3 845
income
-
-
-
9 457
accident
-
-
-
233
health
-
-
-
2 015
total
-
-
-
15 892
Employee
31 982
-
42 781
-
pensions
3 601
-
4 817
-
income
4 388
-
5 869
-
health
3 662
-
4 899
-
total
11 651
-
15 585
-
Employer
31 982
-
42 781
-
pensions
5 201
-
6 956
-
unemployment
784
-
1 048
-
accident
534
-
714
-
total
6 519
-
8 718
-
Corporate
13 000
51 500
-
-
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.

11 700
46 350
-
-
total
11 700
46 350
-
-
Dividends
1 300
5 150
-
-
withholding
247
979
-
-
total
247
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 117
47 329
24 303
15 892
After tax
21 383
4 171
27 197
35 608
Living cost
20 331
20 331
20 331
20 331
Free-cash
1 052
-16 160
6 866
15 277

Estimated living cost  is ₽20331 per week

₽14901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43574
₽40125
₽33789
₽41514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
9 263
-
51 500
-
income
1 852
-
10 300
-
total
1 852
-
10 300
-
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%.

42 237
51 500
-
-
total
-
-
-
-
Dividends
42 237
51 500
-
-
withholding
2 112
2 575
-
-
total
2 112
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
3 964
2 575
10 300
515
After tax
47 536
48 925
41 200
50 985
Living cost
7 411
7 411
7 411
7 411
Free-cash
40 125
41 514
33 789
43 574

Estimated living cost  is ₽7411 per week

₽4593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽204
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3635
₽7438
₽5937
₽13584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
2 446
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.

-
-
-
12 360
income
-
-
-
6 541
health
-
-
-
2 266
total
-
-
-
23 613
Employee
33 047
-
41 135
-
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.

2 313
-
2 879
-
income
5 689
-
7 081
-
health
463
-
575
-
unemployment
330
-
411
-
total
8 795
-
10 946
-
Employer
33 047
-
41 135
-
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.

5 619
-
6 992
-
other
1 653
-
2 057
-
health
463
-
575
-
unemployment
330
-
411
-
accident
264
-
330
-
total
8 329
-
10 365
-
Corporate
10 125
51 500
-
-
income
2 126
10 816
-
-
total
2 126
10 816
-
-
Dividends
7 999
40 684
-
-
withholding
560
2 848
-
-
total
560
2 848
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 810
13 664
21 311
23 613
After tax
31 690
37 836
30 189
27 887
Living cost
24 252
24 252
24 252
24 252
Free-cash
7 438
13 584
5 937
3 635

Estimated living cost  is ₽24252 per week

₽17135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21610
-₽45520
-₽26812
-₽21720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
3 130
income
-
-
-
9 673
total
-
-
-
12 803
Employee
85 325
-
45 981
-
pensions
8 232
-
3 511
-
income
15 381
-
8 375
-
health
1 406
-
600
-
total
25 019
-
12 486
-
Employer
85 325
-
45 981
-
pensions
10 074
-
4 645
-
health
1 620
-
874
-
total
11 694
-
5 519
-
Corporate
-
51 500
-
-
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.

-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
36 713
12 913
18 005
12 803
After tax
14 787
38 587
33 495
38 697
Living cost
60 307
60 307
60 307
60 307
Free-cash
-45 520
-21 720
-26 812
-21 610

Estimated living cost  is ₽60307 per week

₽45189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23459
₽27955
₽24314
₽32161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions

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

-
-
-
4 681
income
-
-
-
7 725
health
-
-
-
3 637
unemployment
-
-
-
127
total
-
-
-
16 170
Employee
15 719
-
45 295
-
pensions

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

1 380
-
2 777
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
income
1 572
-
4 530
-
health
723
-
1 455
-
total
3 848
-
9 110
-
Employer
15 719
-
45 295
-
pensions

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

1 732
-
3 485
-
health
1 085
-
2 182
-
unemployment
94
-
190
-
accident

We are using the highest rate at 1.1%.

173
-
348
-
total
3 084
-
6 205
-
Corporate
32 696
51 500
-
-
income
3 270
5 150
-
-
total
3 270
5 150
-
-
Dividends
29 426
46 350
-
-
withholding
1 472
2 318
-
-
total
1 472
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 674
7 468
15 315
16 170
After tax
39 826
44 032
36 185
35 330
Living cost
11 871
11 871
11 871
11 871
Free-cash
27 955
32 161
24 314
23 459

Estimated living cost  is ₽11871 per week

₽6931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽315
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21016
-₽47656
-₽51222
-₽46113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
9 270
income
-
-
-
4 872
health
-
-
-
7 905
total
-
-
-
22 047
Employee
84 383
77 723
77 723
-
pensions
10 664
10 664
13 990
-
income

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

12 722
12 722
12 722
-
health
10 527
10 147
11 930
-
total
33 913
33 533
38 642
-
Employer
84 383
77 723
77 723
-
pensions
5 872
5 410
5 410
-
health
5 864
5 403
5 403
-
unemployment
3 038
2 798
2 798
-
total
14 774
13 611
13 611
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
48 687
47 144
52 253
22 047
After tax
2 813
4 356
-753
29 453
Living cost
50 469
50 469
50 469
50 469
Free-cash
-47 656
-46 113
-51 222
-21 016

Estimated living cost  is ₽50469 per week

₽37230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2482
₽4795
₽3534
₽12857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
15 038
income
-
-
-
4 426
health
-
-
-
6 953
solidarity contribution
-
-
-
-
total
-
-
-
26 417
Employee
33 236
-
38 433
-
income
3 988
-
4 612
-
social contributions
2 160
-
2 498
-
solidarity contribution
-
-
-
-
health
4 487
-
5 188
-
total
10 635
-
12 298
-
Employer
33 236
-
38 433
-
social contributions
8 309
-
9 608
-
health
2 991
-
3 459
-
total
11 300
-
13 067
-
Corporate
6 963
51 500
-
-
income
1 323
9 785
-
-
total
1 323
9 785
-
-
Dividends
5 640
41 715
-
-
withholding
846
6 257
-
-
total
846
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 104
16 042
25 365
26 417
After tax
27 396
35 458
26 135
25 083
Living cost
22 601
22 601
22 601
22 601
Free-cash
4 795
12 857
3 534
2 482

Estimated living cost  is ₽22601 per week

₽15699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1608
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.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10263
-₽29388
-₽13171
-₽10929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
9 292
social contributions
-
-
-
13 246
municipal
-
-
-
306
regional
-
-
-
514
total
-
-
-
23 358
Employee
80 889
-
51 500
-
social contributions
27 276
-
17 365
-
municipal
428
-
273
-
regional
763
-
448
-
national
14 016
-
8 180
-
total
42 483
-
26 266
-
Employer
80 889
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 009
-
-
nationa
-
12 360
-
-
total
-
14 369
-
-
Dividends
-
37 132
-
-
withholding
-
9 655
-
-
total
-
9 655
-
-
Income
51 500
51 500
51 500
51 500
Total tax
42 483
24 024
26 266
23 358
After tax
9 017
27 476
25 234
28 142
Living cost
38 405
38 405
38 405
38 405
Free-cash
-29 388
-10 929
-13 171
-10 263

Estimated living cost  is ₽38405 per week

₽26771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9091
₽9478
₽7986
₽12310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
-
surtax
-
-
-
444
pensions
-
-
-
10 299
income
-
-
-
7 719
health
-
-
-
3 656
unemployment
-
-
-
207
total
-
-
-
22 325
Employee
30 098
-
42 545
-
pensions
2 007
-
2 838
-
income
5 045
-
7 232
-
other
-
-
-
-
health
769
-
1 086
-
unemployment
2 095
-
2 960
-
surtax
98
-
359
-
total
10 014
-
14 475
-
Employer
30 098
-
42 545
-
pensions
4 012
-
5 670
-
other
-
-
-
-
health
1 370
-
1 936
-
unemployment
953
-
1 349
-
total
6 335
-
8 955
-
Corporate
15 066
51 500
-
-
income
3 917
13 389
-
-
total
3 917
13 389
-
-
Dividends
11 149
38 111
-
-
withholding
1 672
5 717
-
-
total
1 672
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 938
19 106
23 430
22 325
After tax
29 562
32 394
28 070
29 175
Living cost
20 084
20 084
20 084
20 084
Free-cash
9 478
12 310
7 986
9 091

Estimated living cost  is ₽20084 per week

₽12280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2503
-₽12959
-₽7705
-₽2613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
3 130
income
-
-
-
9 673
total
-
-
-
12 803
Employee
57 183
-
45 981
-
pensions
4 854
-
3 511
-
income
10 299
-
8 375
-
health
830
-
600
-
total
15 983
-
12 486
-
Employer
57 183
-
45 981
-
pensions
6 190
-
4 645
-
health
1 086
-
874
-
total
7 276
-
5 519
-
Corporate
-
51 500
-
-
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.

-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 259
12 913
18 005
12 803
After tax
28 241
38 587
33 495
38 697
Living cost
41 200
41 200
41 200
41 200
Free-cash
-12 959
-2 613
-7 705
-2 503

Estimated living cost  is ₽41200 per week

₽30867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29070
-₽41831
-₽31701
-₽49265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
142
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.

-
-
-
1 030
pensions
-
-
-
4 739
city
-
-
-
540
health
-
-
-
238
regional
-
-
-
1 066
total
-
-
-
7 755
Employee
85 213
-
46 093
-
city
915
-
496
-
pensions
7 159
-
3 875
-
health
193
-
103
-
regional
2 790
-
900
-
unemployment
-
-
-
-
national
403
-
112
-
total
11 460
-
5 486
-
Employer
85 213
-
46 093
-
pensions
7 159
-
3 875
-
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.

1 704
-
922
-
health
193
-
103
-
unemployment
-
-
-
-
total
9 056
-
4 900
-
Corporate
-
51 500
-
-
national
-
4 378
-
-
regional
-
10 892
-
-
total
-
15 270
-
-
Dividends
-
36 230
-
-
withholding
-
12 680
-
-
total
-
12 680
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 516
27 950
10 386
7 755
After tax
30 984
23 550
41 114
43 745
Living cost
72 815
72 815
72 815
72 815
Free-cash
-41 831
-49 265
-31 701
-29 070

Estimated living cost  is ₽72815 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽894
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3777
-₽3199
-₽2202
-₽16073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
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.

-
-
-
302
trade
-
-
-
1 575
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.

-
-
-
5 487
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.

-
-
-
6 218
total
-
-
-
13 582
Employee

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

54 699
-
51 500
-
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.

6 432
-
5 487
-
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.

6 218
-
6 218
-
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.

354
-
302
-
total
13 004
-
12 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
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.

-
425
-
-
income
-
7 726
-
-
trade
-
8 833
-
-
chamber of commerce
-
211
-
-
total
-
17 195
-
-
Dividends
-
34 306
-
-
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.

-
453
-
-
withholding
-
8 230
-
-
total
-
8 683
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 004
25 878
12 007
13 582
After tax
38 496
25 622
39 493
37 918
Living cost
41 695
41 695
41 695
41 695
Free-cash
-3 199
-16 073
-2 202
-3 777

Estimated living cost  is ₽41695 per week

₽30452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽258
₽193
₽216
-₽5182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 596
surtax
-
-
-
-
pensions
-
-
-
14 845
social contributions
-
-
-
1 466
income
-
-
-
2 266
health
-
-
-
446
total
-
-
-
20 619
Employee
38 953
-
39 244
-
pensions
4 404
-
4 439
-
income
2 299
-
2 333
-
social contributions
1 111
-
1 119
-
surtax
-
-
-
-
total
7 814
-
7 891
-
Employer
38 953
-
39 244
-
pensions
6 399
-
6 448
-
other
1 344
-
1 354
-
social contributions
117
-
117
-
health
2 727
-
2 746
-
unemployment
1 577
-
1 589
-
total
12 164
-
12 254
-
Corporate
382
51 500
-
-
surtax
-
-
-
-
income
107
14 420
-
-
total
107
14 420
-
-
Dividends
275
37 080
-
-
surtax
-
-
-
-
withholding
35
4 746
-
-
social contributions
48
6 377
-
-
total
83
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 168
25 543
20 145
20 619
After tax
31 332
25 957
31 355
30 881
Living cost
31 139
31 139
31 139
31 139
Free-cash
193
-5 182
216
-258

Estimated living cost  is ₽31139 per week

₽19635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2827
₽2959
₽3301
-₽2097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 596
surtax
-
-
-
-
pensions
-
-
-
14 845
social contributions
-
-
-
1 466
income
-
-
-
2 266
health
-
-
-
446
total
-
-
-
20 619
Employee
34 771
-
39 244
-
pensions
3 933
-
4 439
-
income
1 793
-
2 333
-
social contributions
991
-
1 119
-
surtax
-
-
-
-
total
6 717
-
7 891
-
Employer
34 771
-
39 244
-
pensions
5 714
-
6 448
-
other
1 200
-
1 354
-
social contributions
104
-
117
-
health
2 434
-
2 746
-
unemployment
1 408
-
1 589
-
total
10 860
-
12 254
-
Corporate
5 870
51 500
-
-
surtax
-
-
-
-
income
1 644
14 420
-
-
total
1 644
14 420
-
-
Dividends
4 226
37 080
-
-
surtax
-
-
-
-
withholding
541
4 746
-
-
social contributions
725
6 377
-
-
total
1 266
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 487
25 543
20 145
20 619
After tax
31 013
25 957
31 355
30 881
Living cost
28 054
28 054
28 054
28 054
Free-cash
2 959
-2 097
3 301
2 827

Estimated living cost  is ₽28054 per week

₽16270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13773
₽12591
₽11604
₽12119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
7 107
income
-
-
-
7 726
health
-
-
-
3 594
total
-
-
-
18 427
Employee
30 860
-
51 500
-
income
5 147
-
9 895
-
social contributions
4 259
-
7 107
-
health
2 154
-
3 594
-
total
11 560
-
20 596
-
Employer
30 860
-
51 500
-
total
-
-
-
-
Corporate
20 640
51 500
-
-
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%.

1 033
2 575
-
-
total
1 033
2 575
-
-
Dividends
19 608
48 925
-
-
health
1 368
3 415
-
-
withholding
2 941
7 339
-
-
social contributions
2 707
6 752
-
-
total
7 016
17 506
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 609
20 081
20 596
18 427
After tax
31 891
31 419
30 904
33 073
Living cost
19 300
19 300
19 300
19 300
Free-cash
12 591
12 119
11 604
13 773

Estimated living cost  is ₽19300 per week

₽12916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
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.
₽4748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3504
-₽8116
-₽12097
-₽2536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
surtax
-
-
-
180
chamber of commerce
-
-
-
206
pensions
-
-
-
9 527
income
-
-
-
3 499
health
-
-
-
3 940
unemployment
-
-
-
5 582
total
-
-
-
22 934
Employee
45 485
36 271
39 852
-
pensions
4 658
3 713
4 081
-
income
5 178
2 675
3 563
-
other
454
363
399
-
health
1 760
1 404
1 542
-
unemployment
1 364
1 088
1 195
-
total
13 414
9 243
10 780
-
Employer
45 485
36 271
39 852
-
surtax
180
180
180
-
pensions
5 708
4 553
5 002
-
other
2 161
1 722
1 893
-
health
1 719
1 371
1 506
-
unemployment
1 364
1 088
1 195
-
chamber of commerce
181
145
159
-
payroll
1 364
1 088
1 195
-
accident
591
472
518
-
total
13 268
10 619
11 648
-
Corporate
3 454
4 610
36 397
-
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.

864
1 152
9 099
-
total
864
1 152
9 099
-
Dividends
-
3 458
-
-
withholding
-
952
-
-
total
-
952
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 546
21 966
31 527
22 934
After tax
23 954
29 534
19 973
28 566
Living cost
32 070
32 070
32 070
32 070
Free-cash
-8 116
-2 536
-12 097
-3 504

Estimated living cost  is ₽32070 per week

₽21389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5388
-₽32557
-₽11026
-₽4158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
15 067
communal

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

-
-
-
2 736
social contributions
-
-
-
5 900
total
-
-
-
23 703
Employee

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

65 104
-
39 886
-
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.

4 883
-
2 991
-
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.

3 059
-
1 876
-
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.

567
-
347
-
national
20 016
-
10 437
-
communal

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

3 396
-
2 080
-
total
31 921
-
17 731
-
Employer

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

65 104
-
39 886
-
surtax
7 382
-
4 522
-
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.

5 769
-
3 534
-
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.

4 004
-
2 454
-
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.

950
-
582
-
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.

846
-
518
-
total
18 951
-
11 610
-
Corporate
-
51 500
-
-
surtax
-
206
-
-
income
-
10 299
-
-
total
-
10 505
-
-
Dividends
-
40 995
-
-
withholding

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

-
11 968
-
-
total
-
11 968
-
-
Income
51 500
51 500
51 500
51 500
Total tax
50 872
22 473
29 341
23 703
After tax
628
29 027
22 159
27 797
Living cost
33 185
33 185
33 185
33 185
Free-cash
-32 557
-4 158
-11 026
-5 388

Estimated living cost  is ₽33185 per week

₽21376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4466
-₽8246
-₽4103
₽1920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
pensions
-
-
-
14 574
income
-
-
-
7 647
accident
-
-
-
463
unemployment
-
-
-
361
total
-
-
-
23 097
Employee
45 305
-
39 049
-
pensions
2 130
-
1 836
-
income
9 559
-
7 803
-
other
45
-
40
-
unemployment
703
-
605
-
total
12 437
-
10 284
-
Employer
45 305
-
39 049
-
pensions
10 691
-
9 216
-
other
361
-
313
-
unemployment
2 492
-
2 147
-
accident
896
-
774
-
total
14 440
-
12 450
-
Corporate
-
51 500
-
-
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.

-
7 726
-
-
total
-
7 726
-
-
Dividends
-
43 774
-
-
withholding
-
8 985
-
-
total
-
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 877
16 711
22 734
23 097
After tax
24 623
34 789
28 766
28 403
Living cost
32 869
32 869
32 869
32 869
Free-cash
-8 246
1 920
-4 103
-4 466

Estimated living cost  is ₽32869 per week

₽24205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15331
-₽25658
-₽14303
-₽17094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
surtax
-
-
-
2 726
communal
-
-
-
-
pensions
-
-
-
8 240
income
-
-
-
2 079
accident
-
-
-
463
health
-
-
-
3 862
total
-
-
-
17 370
Employee
68 925
-
46 001
-
pensions
5 513
-
3 681
-
income
6 657
-
2 294
-
health
3 067
-
2 048
-
surtax
4 225
-
2 819
-
total
19 462
-
10 842
-
Employer
68 925
-
46 001
-
pensions
5 513
-
3 681
-
health
2 102
-
1 404
-
accident
620
-
415
-
total
8 235
-
5 500
-
Corporate
-
51 500
-
-
surtax
-
541
-
-
income
-
7 726
-
-
communal
-
3 477
-
-
total
-
11 744
-
-
Dividends
-
39 757
-
-
income
-
1 425
-
-
withholding
-
5 964
-
-
total
-
7 389
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 697
19 133
16 342
17 370
After tax
23 803
32 367
35 158
34 130
Living cost
49 461
49 461
49 461
49 461
Free-cash
-25 658
-17 094
-14 303
-15 331

Estimated living cost  is ₽49461 per week

₽37103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8732
₽9056
₽7627
₽11951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
-
surtax
-
-
-
444
pensions
-
-
-
10 299
income
-
-
-
7 719
health
-
-
-
3 656
unemployment
-
-
-
207
total
-
-
-
22 325
Employee
30 651
-
42 545
-
pensions
2 045
-
2 838
-
income
5 138
-
7 232
-
other
-
-
-
-
health
782
-
1 086
-
unemployment
2 133
-
2 960
-
surtax
109
-
359
-
total
10 207
-
14 475
-
Employer
30 651
-
42 545
-
pensions
4 087
-
5 670
-
other
-
-
-
-
health
1 394
-
1 936
-
unemployment
972
-
1 349
-
total
6 453
-
8 955
-
Corporate
14 396
51 500
-
-
income
3 743
13 389
-
-
total
3 743
13 389
-
-
Dividends
10 654
38 111
-
-
withholding
1 598
5 717
-
-
total
1 598
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 001
19 106
23 430
22 325
After tax
29 499
32 394
28 070
29 175
Living cost
20 443
20 443
20 443
20 443
Free-cash
9 056
11 951
7 627
8 732

Estimated living cost  is ₽20443 per week

₽12342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3362
₽529
₽471
₽2550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
9 292
social contributions
-
-
-
13 246
municipal
-
-
-
306
regional
-
-
-
776
total
-
-
-
23 620
Employee
50 488
-
51 500
-
social contributions
17 025
-
17 365
-
municipal
268
-
273
-
regional
680
-
693
-
national
7 999
-
8 180
-
total
25 972
-
26 511
-
Employer
50 488
-
51 500
-
total
-
-
-
-
Corporate
1 012
51 500
-
-
municipal
50
2 560
-
-
nationa
244
12 360
-
-
total
294
14 920
-
-
Dividends
719
36 581
-
-
withholding
187
9 512
-
-
total
187
9 512
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 453
24 432
26 511
23 620
After tax
25 047
27 068
24 989
27 880
Living cost
24 518
24 518
24 518
24 518
Free-cash
529
2 550
471
3 362

Estimated living cost  is ₽24518 per week

₽15248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2767
-₽3381
-₽1715
₽7608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
15 038
income
-
-
-
4 426
health
-
-
-
6 953
solidarity contribution
-
-
-
-
total
-
-
-
26 417
Employee
40 956
-
38 433
-
income
4 915
-
4 612
-
social contributions
2 662
-
2 498
-
solidarity contribution
-
-
-
-
health
5 529
-
5 188
-
total
13 106
-
12 298
-
Employer
40 956
-
38 433
-
social contributions
10 239
-
9 608
-
health
3 686
-
3 459
-
total
13 925
-
13 067
-
Corporate
-
51 500
-
-
income
-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
6 257
-
-
total
-
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 031
16 042
25 365
26 417
After tax
24 469
35 458
26 135
25 083
Living cost
27 850
27 850
27 850
27 850
Free-cash
-3 381
7 608
-1 715
-2 767

Estimated living cost  is ₽27850 per week

₽20711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽291
-₽596
-₽9026
₽596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
surtax
-
-
-
-
chamber of commerce
-
-
-
206
pensions
-
-
-
9 527
income
-
-
-
3 499
health
-
-
-
3 940
unemployment
-
-
-
5 582
total
-
-
-
22 754
Employee
39 785
36 271
39 988
-
pensions
4 074
3 713
4 095
-
income
3 544
2 675
3 601
-
other
397
363
401
-
health
1 539
1 404
1 548
-
unemployment
1 193
1 088
1 200
-
total
10 747
9 243
10 845
-
Employer
39 785
36 271
39 988
-
surtax
-
-
-
-
pensions
4 993
4 553
5 019
-
other
1 890
1 722
1 900
-
health
1 504
1 371
1 511
-
unemployment
1 193
1 088
1 200
-
chamber of commerce
159
145
161
-
payroll
1 193
1 088
1 200
-
accident
516
472
520
-
total
11 448
10 439
11 511
-
Corporate
3 454
4 790
36 534
-
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.

864
1 197
9 133
-
total
864
1 197
9 133
-
Dividends
-
3 593
-
-
withholding
-
988
-
-
total
-
988
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 059
21 867
31 489
22 754
After tax
28 441
29 633
20 011
28 746
Living cost
29 037
29 037
29 037
29 037
Free-cash
-596
596
-9 026
-291

Estimated living cost  is ₽29037 per week

₽17419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39436
₽35211
₽29651
₽37376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
14 436
-
51 500
-
income
2 887
-
10 300
-
total
2 887
-
10 300
-
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%.

37 064
51 500
-
-
total
-
-
-
-
Dividends
37 064
51 500
-
-
withholding
1 853
2 575
-
-
total
1 853
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 740
2 575
10 300
515
After tax
46 760
48 925
41 200
50 985
Living cost
11 549
11 549
11 549
11 549
Free-cash
35 211
37 376
29 651
39 436

Estimated living cost  is ₽11549 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽485
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.
₽2861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3964
₽3432
₽2455
₽11045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
pensions
-
-
-
9 405
income
-
-
-
8 573
health
-
-
-
5 068
unemployment
-
-
-
78
total
-
-
-
23 124
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.

40 247
-
44 562
-
pensions
6 239
-
6 907
-
income
6 941
-
7 849
-
health
2 599
-
2 879
-
unemployment
57
-
62
-
total
15 836
-
17 697
-
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.

40 247
-
44 562
-
pensions
3 561
-
3 943
-
health
2 681
-
2 967
-
unemployment
24
-
26
-
total
6 266
-
6 936
-
Corporate
4 987
51 500
-
-
income
948
9 785
-
-
total
948
9 785
-
-
Dividends
4 038
41 715
-
-
withholding
606
6 258
-
-
total
606
6 258
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 656
16 043
24 633
23 124
After tax
27 844
35 457
26 867
28 376
Living cost
24 412
24 412
24 412
24 412
Free-cash
3 432
11 045
2 455
3 964

Estimated living cost  is ₽24412 per week

₽16754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6135
-₽92688
-₽2948
-₽10393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
5 871
income
-
-
-
10 038
total
-
-
-
15 909
Employee
59 829
-
-
-
income
13 197
-
-
-
social contributions
4 906
-
699
-
total
18 103
-
699
-
Employer
59 829
-
-
-
social contributions
84 359
-
12 023
-
total
84 359
-
12 023
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
income
-
8 837
-
-
total
-
8 837
-
-
Income
51 500
51 500
51 500
51 500
Total tax
102 462
20 167
12 722
15 909
After tax
-50 962
31 333
38 778
35 591
Living cost
41 726
41 726
41 726
41 726
Free-cash
-92 688
-10 393
-2 948
-6 135

Estimated living cost  is ₽41726 per week

₽27073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1204
-₽303
-₽140
₽744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
surtax
-
-
-
-
social contributions

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

-
-
-
17 897
income
-
-
-
3 850
total
-
-
-
21 747
Employee
41 860
-
41 615
-
income
8 707
-
8 631
-
social contributions
4 605
-
4 577
-
surtax
-
-
-
-
total
13 312
-
13 208
-
Employer
41 860
-
41 615
-
social contributions
9 942
-
9 883
-
total
9 942
-
9 883
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
10 816
-
-
total
-
10 816
-
-
Dividends
-
40 684
-
-
withholding
-
11 391
-
-
total
-
11 391
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 254
22 207
23 091
21 747
After tax
28 246
29 293
28 409
29 753
Living cost
28 549
28 549
28 549
28 549
Free-cash
-303
744
-140
1 204

Estimated living cost  is ₽28549 per week

₽21360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1684
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.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13078
-₽23309
-₽12604
-₽18002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 596
surtax
-
-
-
-
pensions
-
-
-
14 845
social contributions
-
-
-
1 466
income
-
-
-
2 266
health
-
-
-
446
total
-
-
-
20 619
Employee
57 005
-
39 244
-
pensions
6 448
-
4 439
-
income
4 974
-
2 333
-
social contributions
1 624
-
1 119
-
surtax
-
-
-
-
total
13 046
-
7 891
-
Employer
57 005
-
39 244
-
pensions
9 367
-
6 448
-
other
1 967
-
1 354
-
social contributions
171
-
117
-
health
3 990
-
2 746
-
unemployment
2 309
-
1 589
-
total
17 804
-
12 254
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
14 420
-
-
total
-
14 420
-
-
Dividends
-
37 080
-
-
surtax
-
-
-
-
withholding
-
4 746
-
-
social contributions
-
6 377
-
-
total
-
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 850
25 543
20 145
20 619
After tax
20 650
25 957
31 355
30 881
Living cost
43 959
43 959
43 959
43 959
Free-cash
-23 309
-18 002
-12 604
-13 078

Estimated living cost  is ₽43959 per week

₽29751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12811
₽15933
₽14321
₽18991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
11 330
income
-
-
-
-
total
-
-
-
11 330
Employee
29 260
-
44 590
-
social contributions
1 902
-
2 898
-
income
-
-
12
-
total
1 902
-
2 910
-
Employer
29 260
-
44 590
-
social contributions
4 536
-
6 910
-
total
4 536
-
6 910
-
Corporate
17 704
51 500
-
-
income
1 770
5 150
-
-
total
1 770
5 150
-
-
Dividends
15 934
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 208
5 150
9 820
11 330
After tax
43 292
46 350
41 680
40 170
Living cost
27 359
27 359
27 359
27 359
Free-cash
15 933
18 991
14 321
12 811

Estimated living cost  is ₽27359 per week

₽17690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10290
-₽146485
-₽146485
-₽146485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
4 862
labour market
-
-
-
4 057
pensions
-
-
-
788
municipal
-
-
-
8 320
total
-
-
-
18 027
Employee
184 714
184 714
184 714
-
pensions
263
263
263
-
labour market
14 756
14 756
14 756
-
municipal
39 334
39 334
39 334
-
national
22 566
22 566
22 566
-
total
76 919
76 919
76 919
-
Employer
184 714
184 714
184 714
-
labour market
14 777
14 777
14 777
-
pensions
525
525
525
-
national
22 605
22 605
22 605
-
municipal
39 396
39 396
39 396
-
total
77 303
77 303
77 303
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
154 222
154 222
154 222
18 027
After tax
-102 722
-102 722
-102 722
33 473
Living cost
43 763
43 763
43 763
43 763
Free-cash
-146 485
-146 485
-146 485
-10 290

Estimated living cost  is ₽43763 per week

₽29952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15577
₽1100
₽7166
-₽15860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
342
pensions
-
-
-
3 845
income
-
-
-
9 457
accident
-
-
-
233
health
-
-
-
2 015
total
-
-
-
15 892
Employee
31 511
-
42 781
-
pensions
3 548
-
4 817
-
income
4 323
-
5 869
-
health
3 608
-
4 899
-
total
11 479
-
15 585
-
Employer
31 511
-
42 781
-
pensions
5 124
-
6 956
-
unemployment
772
-
1 048
-
accident
526
-
714
-
total
6 422
-
8 718
-
Corporate
13 567
51 500
-
-
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.

12 210
46 350
-
-
total
12 210
46 350
-
-
Dividends
1 357
5 150
-
-
withholding
258
979
-
-
total
258
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 369
47 329
24 303
15 892
After tax
21 131
4 171
27 197
35 608
Living cost
20 031
20 031
20 031
20 031
Free-cash
1 100
-15 860
7 166
15 577

Estimated living cost  is ₽20031 per week

₽14581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5090
-₽5421
-₽3126
₽667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
51 500
national
-
-
-
1 858
municipal
-
-
-
9 196
health
-
-
-
413
total
-
-
-
11 467
Employee
47 885
-
43 325
-
pensions
3 232
-
2 924
-
health
358
-
287
-
municipal
7 843
-
7 104
-
unemployment
719
-
649
-
national
791
-
544
-
total
12 943
-
11 508
-
Employer
47 885
-
43 325
-
pensions
8 308
-
7 517
-
health
368
-
333
-
unemployment
311
-
282
-
accident
48
-
43
-
total
9 035
-
8 175
-
Corporate
-
51 500
-
-
income
-
10 299
-
-
total
-
10 299
-
-
Dividends

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

-
30 901
-
-
municipal
-
5 562
-
-
national
-
29
-
-
total
-
5 591
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 978
15 890
19 683
11 467
After tax
29 522
35 610
31 817
40 033
Living cost
34 943
34 943
34 943
34 943
Free-cash
-5 421
667
-3 126
5 090

Estimated living cost  is ₽34943 per week

₽22825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19387
₽11899
₽13830
₽9845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
8 033
income
-
-
-
1 694
health
-
-
-
1 313
total
-
-
-
11 040
Employee
69 986
69 986
69 986
-
income
7 620
6 479
7 175
-
social contributions
2 646
5 809
3 881
-
health
542
1 190
795
-
total
10 808
13 478
11 851
-
Employer
69 986
69 986
69 986
-
social contributions
2 646
5 809
3 881
-
health
589
1 295
865
-
total
3 235
7 104
4 746
-
Corporate
16 384
-
-
-
income
2 048
-
-
-
total
2 048
-
-
-
Dividends
14 335
-
-
-
withholding
2 437
-
-
-
total
2 437
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 528
20 582
16 597
11 040
After tax
32 972
30 918
34 903
40 460
Living cost
21 073
21 073
21 073
21 073
Free-cash
11 899
9 845
13 830
19 387

Estimated living cost  is ₽21073 per week

₽12629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23599
₽23567
₽17454
₽28196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 500
pensions
-
-
-
5 790
income
-
-
-
4 341
health
-
-
-
3 294
unemployment
-
-
-
26
total
-
-
-
13 451
Employee

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

20 891
-
46 692
-
pensions
3 133
-
7 004
-
income
1 428
-
3 582
-
health
1 776
-
3 969
-
unemployment
104
-
233
-
total
6 441
-
14 788
-
Employer

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

20 891
-
46 692
-
pensions
1 149
-
2 568
-
health
898
-
2 007
-
unemployment
104
-
233
-
total
2 151
-
4 808
-
Corporate
28 459
51 500
-
-
income
2 561
4 636
-
-
total
2 561
4 636
-
-
Dividends
25 897
46 864
-
-
withholding
2 330
4 218
-
-
total
2 330
4 218
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 483
8 854
19 596
13 451
After tax
38 017
42 646
31 904
38 049
Living cost
14 450
14 450
14 450
14 450
Free-cash
23 567
28 196
17 454
23 599

Estimated living cost  is ₽14450 per week

₽9220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3375
₽4901
₽3738
₽9761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
pensions
-
-
-
14 574
income
-
-
-
7 647
accident
-
-
-
463
unemployment
-
-
-
361
total
-
-
-
23 097
Employee
33 654
-
39 049
-
pensions
1 582
-
1 836
-
income
6 488
-
7 803
-
other
33
-
40
-
unemployment
522
-
605
-
total
8 625
-
10 284
-
Employer
33 654
-
39 049
-
pensions
7 942
-
9 216
-
other
269
-
313
-
unemployment
1 852
-
2 147
-
accident
667
-
774
-
total
10 730
-
12 450
-
Corporate
7 117
51 500
-
-
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.

1 067
7 726
-
-
total
1 067
7 726
-
-
Dividends
6 050
43 774
-
-
withholding
1 149
8 985
-
-
total
1 149
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 571
16 711
22 734
23 097
After tax
29 929
34 789
28 766
28 403
Living cost
25 028
25 028
25 028
25 028
Free-cash
4 901
9 761
3 738
3 375

Estimated living cost  is ₽25028 per week

₽16894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30872
₽30226
₽30755
₽30496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
1 196
income
-
-
-
16 925
health
-
-
-
867
total
-
-
-
18 988
Employee
2 497
-
50 155
-
pensions
225
-
538
-
income
483
-
16 862
-
health
125
-
299
-
unemployment
25
-
60
-
total
858
-
17 759
-
Employer
2 497
-
50 155
-
pensions
275
-
658
-
health
237
-
568
-
unemployment
50
-
120
-
total
562
-
1 346
-
Corporate
48 441
51 500
-
-
income
10 657
11 330
-
-
total
10 657
11 330
-
-
Dividends
37 784
40 170
-
-
withholding
7 557
8 034
-
-
total
7 557
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 634
19 364
19 105
18 988
After tax
31 866
32 136
32 395
32 512
Living cost
1 640
1 640
1 640
1 640
Free-cash
30 226
30 496
30 755
30 872

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9789
₽17023
₽12004
₽21494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
pensions
-
-
-
13 390
income
-
-
-
6 529
health
-
-
-
5 304
unemployment
-
-
-
773
total
-
-
-
25 996
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.

23 697
-
43 681
-
pensions
3 318
-
6 115
-
income
3 266
-
7 268
-
health
1 220
-
2 250
-
unemployment
178
-
328
-
total
7 982
-
15 961
-
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.

23 697
-
43 681
-
pensions
2 844
-
5 242
-
health
1 220
-
2 250
-
unemployment
178
-
328
-
total
4 242
-
7 820
-
Corporate
23 562
51 500
-
-
income
3 534
7 725
-
-
total
3 534
7 725
-
-
Dividends
20 027
43 775
-
-
withholding
3 004
6 566
-
-
total
3 004
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 762
14 291
23 781
25 996
After tax
32 738
37 209
27 719
25 504
Living cost
15 715
15 715
15 715
15 715
Free-cash
17 023
21 494
12 004
9 789

Estimated living cost  is ₽15715 per week

₽10581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5216
₽4428
₽3872
₽4756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
surtax
-
-
-
-
social contributions

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

-
-
-
17 897
income
-
-
-
3 850
total
-
-
-
21 747
Employee
35 325
-
41 615
-
income
6 902
-
8 631
-
social contributions
3 886
-
4 577
-
surtax
-
-
-
-
total
10 788
-
13 208
-
Employer
35 325
-
41 615
-
social contributions
8 389
-
9 883
-
total
8 389
-
9 883
-
Corporate
7 786
51 500
-
-
surtax
-
-
-
-
income
1 636
10 816
-
-
total
1 636
10 816
-
-
Dividends
6 150
40 684
-
-
withholding
1 722
11 391
-
-
total
1 722
11 391
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 535
22 207
23 091
21 747
After tax
28 965
29 293
28 409
29 753
Living cost
24 537
24 537
24 537
24 537
Free-cash
4 428
4 756
3 872
5 216

Estimated living cost  is ₽24537 per week

₽17379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3584
-₽6472
-₽3221
₽2802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
pensions
-
-
-
14 574
income
-
-
-
7 647
accident
-
-
-
463
unemployment
-
-
-
361
total
-
-
-
23 097
Employee
43 956
-
39 049
-
pensions
2 066
-
1 836
-
income
9 181
-
7 803
-
other
43
-
40
-
unemployment
681
-
605
-
total
11 971
-
10 284
-
Employer
43 956
-
39 049
-
pensions
10 373
-
9 216
-
other
352
-
313
-
unemployment
2 418
-
2 147
-
accident
871
-
774
-
total
14 014
-
12 450
-
Corporate
-
51 500
-
-
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.

-
7 726
-
-
total
-
7 726
-
-
Dividends
-
43 774
-
-
withholding
-
8 985
-
-
total
-
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
25 985
16 711
22 734
23 097
After tax
25 515
34 789
28 766
28 403
Living cost
31 987
31 987
31 987
31 987
Free-cash
-6 472
2 802
-3 221
-3 584

Estimated living cost  is ₽31987 per week

₽22972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19754
₽22937
₽20609
₽28456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions

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

-
-
-
4 681
income
-
-
-
7 725
health
-
-
-
3 637
unemployment
-
-
-
127
total
-
-
-
16 170
Employee
20 624
-
45 295
-
pensions

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

1 811
-
2 777
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
income
2 063
-
4 530
-
health
949
-
1 455
-
total
5 050
-
9 110
-
Employer
20 624
-
45 295
-
pensions

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

2 273
-
3 485
-
health
1 423
-
2 182
-
unemployment
124
-
190
-
accident

We are using the highest rate at 1.1%.

227
-
348
-
total
4 047
-
6 205
-
Corporate
26 829
51 500
-
-
income
2 683
5 150
-
-
total
2 683
5 150
-
-
Dividends
24 146
46 350
-
-
withholding
1 207
2 318
-
-
total
1 207
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 987
7 468
15 315
16 170
After tax
38 513
44 032
36 185
35 330
Living cost
15 576
15 576
15 576
15 576
Free-cash
22 937
28 456
20 609
19 754

Estimated living cost  is ₽15576 per week

₽10302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3036
₽3451
₽4354
-₽8459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
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.

-
-
-
302
trade
-
-
-
1 318
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.

-
-
-
5 487
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.

-
-
-
6 218
total
-
-
-
13 325
Employee

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

45 286
-
51 500
-
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.

3 724
-
5 487
-
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.

6 218
-
6 218
-
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.

206
-
302
-
total
10 148
-
12 007
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 214
51 500
-
-
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.

52
425
-
-
income
933
7 726
-
-
trade
891
7 391
-
-
chamber of commerce
147
214
-
-
total
2 023
15 756
-
-
Dividends
4 192
35 745
-
-
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.

38
473
-
-
withholding
701
8 591
-
-
total
739
9 064
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 910
24 820
12 007
13 325
After tax
38 590
26 680
39 493
38 175
Living cost
35 139
35 139
35 139
35 139
Free-cash
3 451
-8 459
4 354
3 036

Estimated living cost  is ₽35139 per week

₽24239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽11544
-₽19695
-₽11544
-₽15795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 449
social contributions
-
-
-
3 749
total
-
-
-
11 198
Employee
71 194
-
51 500
-
income
13 434
-
7 449
-
social contributions
5 915
-
3 749
-
total
19 349
-
11 198
-
Employer
71 194
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
6 437
-
-
total
-
6 437
-
-
Dividends
-
45 063
-
-
withholding
-
9 012
-
-
total
-
9 012
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 349
15 449
11 198
11 198
After tax
32 151
36 051
40 302
40 302
Living cost
51 846
51 846
51 846
51 846
Free-cash
-19 695
-15 795
-11 544
-11 544

Estimated living cost  is ₽51846 per week

₽39444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12960
₽900
₽4168
-₽4372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
income
-
-
-
25 908
health

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

-
-
-
5 513
total
-
-
-
31 421
Employee
41 752
-
47 313
-
social contributions
4 183
-
4 187
-
income
4 530
-
5 919
-
total
8 713
-
10 106
-
Employer
41 752
-
47 313
-
social contributions
4 183
-
4 187
-
total
4 183
-
4 187
-
Corporate
5 564
51 500
-
-
income
1 948
18 025
-
-
total
1 948
18 025
-
-
Dividends
3 616
33 475
-
-
social contributions
2 717
4 808
-
-
total
2 717
4 808
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 561
22 833
14 293
31 421
After tax
33 939
28 667
37 207
20 079
Living cost
33 039
33 039
33 039
33 039
Free-cash
900
-4 372
4 168
-12 960

Estimated living cost  is ₽33039 per week

₽21763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5203
₽3
₽1
₽5093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
3 130
income
-
-
-
9 673
total
-
-
-
12 803
Employee
45 976
-
45 981
-
pensions
3 509
-
3 511
-
income
8 373
-
8 375
-
health
600
-
600
-
total
12 482
-
12 486
-
Employer
45 976
-
45 981
-
pensions
4 645
-
4 645
-
health
874
-
874
-
total
5 519
-
5 519
-
Corporate
5
51 500
-
-
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.

2
9 785
-
-
total
2
9 785
-
-
Dividends
3
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 003
12 913
18 005
12 803
After tax
33 497
38 587
33 495
38 697
Living cost
33 494
33 494
33 494
33 494
Free-cash
3
5 093
1
5 203

Estimated living cost  is ₽33494 per week

₽22977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13593
₽794
₽5182
-₽17844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
342
pensions
-
-
-
3 845
income
-
-
-
9 457
accident
-
-
-
233
health
-
-
-
2 015
total
-
-
-
15 892
Employee
34 630
-
42 781
-
pensions
3 899
-
4 817
-
income
4 751
-
5 869
-
health
3 965
-
4 899
-
total
12 615
-
15 585
-
Employer
34 630
-
42 781
-
pensions
5 631
-
6 956
-
unemployment
848
-
1 048
-
accident
578
-
714
-
total
7 057
-
8 718
-
Corporate
9 813
51 500
-
-
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.

8 832
46 350
-
-
total
8 832
46 350
-
-
Dividends
981
5 150
-
-
withholding
187
979
-
-
total
187
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 691
47 329
24 303
15 892
After tax
22 809
4 171
27 197
35 608
Living cost
22 015
22 015
22 015
22 015
Free-cash
794
-17 844
5 182
13 593

Estimated living cost  is ₽22015 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18221
₽27096
₽18221
₽31510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
51 500
pensions
-
-
-
9 476
work injury
-
-
-
258
health insurance
-
-
-
3 811
income
-
-
-
6 851
unemployment
-
-
-
618
total
-
-
-
21 014
Employee

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

19 624
-
51 500
-
pensions
3 611
-
9 476
-
income
1 962
-
6 851
-
health insurance
1 452
-
3 811
-
unemployment
235
-
618
-
work injury
98
-
258
-
total
7 358
-
21 014
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 876
51 500
-
-
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
31 876
51 500
-
-
withholding
4 781
7 725
-
-
total
4 781
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 139
7 725
21 014
21 014
After tax
39 361
43 775
30 486
30 486
Living cost
12 265
12 265
12 265
12 265
Free-cash
27 096
31 510
18 221
18 221

Estimated living cost  is ₽12265 per week

₽7598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8425
-₽25196
-₽11283
-₽9131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
9 292
social contributions
-
-
-
13 246
municipal
-
-
-
344
regional
-
-
-
785
total
-
-
-
23 667
Employee
76 695
-
51 500
-
social contributions
25 861
-
17 365
-
municipal
458
-
307
-
regional
1 158
-
673
-
national
12 961
-
8 180
-
total
40 438
-
26 525
-
Employer
76 695
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 482
-
-
nationa
-
12 360
-
-
total
-
14 842
-
-
Dividends
-
36 658
-
-
withholding
-
9 531
-
-
total
-
9 531
-
-
Income
51 500
51 500
51 500
51 500
Total tax
40 438
24 373
26 525
23 667
After tax
11 062
27 127
24 975
27 833
Living cost
36 258
36 258
36 258
36 258
Free-cash
-25 196
-9 131
-11 283
-8 425

Estimated living cost  is ₽36258 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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