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
₽7909
-₽2594
₽10895
₽9736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 159
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.

-
-
-
279
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.

-
-
-
5 081
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.

-
-
-
6 486
total
-
-
-
13 005
Employee

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

36 315
-
51 500
-
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.

6 486
-
6 486
-
surtax

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

56
-
279
-
income

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

1 014
-
5 081
-
total
7 556
-
11 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 185
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.

126
425
-
-
trade
2 391
8 112
-
-
chamber of commerce
166
218
-
-
income
2 277
7 724
-
-
total
4 960
16 479
-
-
Dividends
10 224
35 021
-
-
surtax

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

121
461
-
-
withholding
2 195
8 395
-
-
total
2 316
8 856
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 832
25 335
11 846
13 005
After tax
36 668
26 165
39 654
38 495
Living cost
28 759
28 759
28 759
28 759
Free-cash
7 909
-2 594
10 895
9 736

Estimated living cost  is ₽28759 per week

₽18090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37889
-₽20730
-₽19694
-₽20097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
554
municipal
-
-
-
4 705
pensions
-
-
-
6 180
national
-
-
-
7 292
total
-
-
-
18 731
Employee
81 953
-
44 521
-
national
15 686
-
7 601
-
pensions
3 278
-
1 781
-
municipal
10 122
-
4 905
-
total
29 086
-
14 287
-
Employer
81 953
-
44 521
-
social contributions
881
-
479
-
pensions
6 556
-
3 562
-
total
7 437
-
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
36 523
19 364
18 328
18 731
After tax
14 977
32 136
33 172
32 769
Living cost
52 866
52 866
52 866
52 866
Free-cash
-37 889
-20 730
-19 694
-20 097

Estimated living cost  is ₽52866 per week

₽35933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽791
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13659
₽21446
₽9769
₽21034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 989
income
-
-
-
-
microenterprise
-
-
-
7 724
total
-
-
-
10 713
Employee
27 744
-
41 502
-
social contributions

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

3 052
-
4 566
-
surtax
-
-
-
-
income
4 939
-
7 414
-
total
7 991
-
11 980
-
Employer
27 744
-
41 502
-
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.

6 683
-
9 998
-
total
6 683
-
9 998
-
Corporate
17 073
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%.

3 414
10 301
-
-
total
3 414
10 301
-
-
Dividends

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

13 659
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 088
10 301
21 978
10 713
After tax
33 412
41 199
29 522
40 787
Living cost
19 753
19 753
19 753
19 753
Free-cash
13 659
21 446
9 769
21 034

Estimated living cost  is ₽19753 per week

₽12602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42785
-₽37455
-₽42785
-₽10299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 850
pensions
-
-
-
9 270
health
-
-
-
7 904
total
-
-
-
22 024
Employee
81 081
81 081
81 081
-
health
12 445
10 586
12 445
-
pensions
14 595
11 124
14 595
-
income

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

13 272
13 272
13 272
-
total
40 312
34 982
40 312
-
Employer
81 081
81 081
81 081
-
health
5 636
5 636
5 636
-
unemployment
2 919
2 919
2 919
-
pensions
5 643
5 643
5 643
-
total
14 198
14 198
14 198
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
54 510
49 180
54 510
22 024
After tax
-3 010
2 320
-3 010
29 476
Living cost
39 775
39 775
39 775
39 775
Free-cash
-42 785
-37 455
-42 785
-10 299

Estimated living cost  is ₽39775 per week

₽28187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20067
-₽10098
-₽10716
-₽12545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 984
municipal
-
-
-
10 908
unemployment
-
-
-
52
pensions
-
-
-
5 567
accident
-
-
-
103
health
-
-
-
3 214
national
-
-
-
-
total
-
-
-
25 828
Employee
54 455
-
39 187
-
national
-
-
-
-
municipal
16 239
-
11 686
-
total
16 239
-
11 686
-
Employer
54 455
-
39 187
-
other
6 328
-
4 554
-
health
3 349
-
2 410
-
accident
109
-
78
-
unemployment
1 438
-
1 035
-
pensions
5 887
-
4 236
-
total
17 111
-
12 313
-
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
33 350
23 381
23 999
25 828
After tax
18 150
28 119
27 501
25 672
Living cost
38 217
38 217
38 217
38 217
Free-cash
-20 067
-10 098
-10 716
-12 545

Estimated living cost  is ₽38217 per week

₽25329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1942
-₽11398
₽2355
₽1144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 211
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.

-
-
-
279
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.

-
-
-
5 081
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.

-
-
-
6 486
total
-
-
-
13 057
Employee

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

48 149
-
51 500
-
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.

6 486
-
6 486
-
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.

227
-
279
-
income

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

4 137
-
5 081
-
total
10 850
-
11 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 351
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.

27
425
-
-
trade
551
8 472
-
-
chamber of commerce
150
218
-
-
income
503
7 724
-
-
total
1 231
16 839
-
-
Dividends
2 120
34 660
-
-
surtax

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

9
456
-
-
withholding
169
8 304
-
-
total
178
8 760
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 259
25 599
11 846
13 057
After tax
39 241
25 901
39 654
38 443
Living cost
37 299
37 299
37 299
37 299
Free-cash
1 942
-11 398
2 355
1 144

Estimated living cost  is ₽37299 per week

₽24946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3213
-₽765
₽3736
₽9952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 034
income
-
-
-
1 404
health
-
-
-
1 314
total
-
-
-
10 752
Employee
73 010
73 010
73 010
-
social contributions
3 548
6 059
3 881
-
health
726
1 241
795
-
income
7 667
6 759
7 546
-
total
11 941
14 059
12 222
-
Employer
73 010
73 010
73 010
-
health
791
1 351
865
-
social contributions
3 548
6 059
3 881
-
total
4 339
7 410
4 746
-
Corporate
4 425
-
-
-
income
553
-
-
-
total
553
-
-
-
Dividends
3 872
-
-
-
withholding
658
-
-
-
total
658
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 491
21 469
16 968
10 752
After tax
34 009
30 031
34 532
40 748
Living cost
30 796
30 796
30 796
30 796
Free-cash
3 213
-765
3 736
9 952

Estimated living cost  is ₽30796 per week

₽21052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10927
₽10537
₽11191
₽17013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 296
unemployment
-
-
-
773
pensions
-
-
-
5 150
health
-
-
-
3 605
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.

26 941
10 722
43 096
-
unemployment
404
161
646
-
health
1 886
751
3 017
-
pensions
2 694
1 072
4 310
-
income
3 294
1 311
5 269
-
total
8 278
3 295
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.

26 941
10 722
43 096
-
pensions
5 253
2 091
8 404
-
total
5 253
2 091
8 404
-
Corporate
19 306
38 687
-
-
income
1 738
3 482
-
-
total
1 738
3 482
-
-
Dividends
17 568
35 205
-
-
social contributions
3 303
6 743
-
-
withholding
3 338
6 689
-
-
total
6 641
13 432
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 910
22 300
21 646
15 824
After tax
29 590
29 200
29 854
35 676
Living cost
18 663
18 663
18 663
18 663
Free-cash
10 927
10 537
11 191
17 013

Estimated living cost  is ₽18663 per week

₽12736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12369
₽18266
₽7674
₽5883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 690
pensions
-
-
-
10 299
health
-
-
-
6 695
total
-
-
-
22 684
Employee
26 935
-
38 489
-
unemployment
431
-
616
-
pensions
539
-
769
-
income
3 032
-
6 499
-
total
4 002
-
7 884
-
Employer
26 935
-
38 489
-
health
3 501
-
5 004
-
unemployment
216
-
308
-
pensions
5 387
-
7 697
-
total
9 104
-
13 009
-
Corporate
15 461
51 500
-
-
income
3 092
10 301
-
-
total
3 092
10 301
-
-
Dividends
12 369
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
16 198
10 301
20 893
22 684
After tax
35 302
41 199
30 607
28 816
Living cost
22 933
22 933
22 933
22 933
Free-cash
12 369
18 266
7 674
5 883

Estimated living cost  is ₽22933 per week

₽15730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1021
-₽16373
₽6653
₽15069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
9 383
pensions
-
-
-
3 885
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
15 887
Employee
32 317
-
42 781
-
health
3 700
-
4 899
-
pensions
3 639
-
4 817
-
income
4 434
-
5 869
-
total
11 773
-
15 585
-
Employer
32 317
-
42 781
-
accident
539
-
714
-
unemployment
792
-
1 048
-
pensions
5 255
-
6 956
-
total
6 586
-
8 718
-
Corporate
12 597
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.

11 337
46 350
-
-
total
11 337
46 350
-
-
Dividends
1 260
5 150
-
-
withholding
239
979
-
-
total
239
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 935
47 329
24 303
15 887
After tax
21 565
4 171
27 197
35 613
Living cost
20 544
20 544
20 544
20 544
Free-cash
1 021
-16 373
6 653
15 069

Estimated living cost  is ₽20544 per week

₽15057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38872
₽40459
₽32734
₽42519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 582
-
51 500
-
income
2 116
-
10 300
-
total
2 116
-
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%.

40 918
51 500
-
-
total
-
-
-
-
Dividends
40 918
51 500
-
-
withholding
2 046
2 575
-
-
total
2 046
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 162
2 575
10 300
515
After tax
47 338
48 925
41 200
50 985
Living cost
8 466
8 466
8 466
8 466
Free-cash
38 872
40 459
32 734
42 519

Estimated living cost  is ₽8466 per week

₽5247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6126
₽12538
₽4886
₽2586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 447
income
-
-
-
6 541
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
health
-
-
-
2 267
total
-
-
-
23 615
Employee
34 474
-
41 134
-
unemployment
344
-
411
-
health
483
-
577
-
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.

2 413
-
2 879
-
income
5 935
-
7 081
-
total
9 175
-
10 948
-
Employer
34 474
-
41 134
-
other
1 724
-
2 056
-
health
483
-
577
-
accident
276
-
330
-
unemployment
344
-
411
-
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.

5 861
-
6 993
-
total
8 688
-
10 367
-
Corporate
8 338
51 500
-
-
income
1 751
10 814
-
-
total
1 751
10 814
-
-
Dividends
6 586
40 686
-
-
withholding
461
2 849
-
-
total
461
2 849
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 075
13 663
21 315
23 615
After tax
31 425
37 837
30 185
27 885
Living cost
25 299
25 299
25 299
25 299
Free-cash
6 126
12 538
4 886
2 586

Estimated living cost  is ₽25299 per week

₽17876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52702
-₽26187
-₽31060
-₽25985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 696
pensions
-
-
-
3 018
total
-
-
-
12 714
Employee
91 642
-
46 089
-
health
1 510
-
576
-
pensions
8 841
-
3 374
-
income
16 519
-
8 427
-
total
26 870
-
12 377
-
Employer
91 642
-
46 089
-
health
1 740
-
877
-
pensions
10 820
-
4 535
-
total
12 560
-
5 412
-
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.

-
9 786
-
-
total
-
9 786
-
-
Dividends
-
41 714
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
39 430
12 915
17 789
12 714
After tax
12 070
38 585
33 711
38 786
Living cost
64 772
64 772
64 772
64 772
Free-cash
-52 702
-26 187
-31 060
-25 985

Estimated living cost  is ₽64772 per week

₽48535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7610
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.
₽8101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27174
₽31583
₽23241
₽22470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 725
unemployment
-
-
-
133
pensions

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

-
-
-
4 909
health
-
-
-
3 814
total
-
-
-
16 581
Employee
16 484
-
44 993
-
health
758
-
1 526
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
pensions

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

1 447
-
2 912
-
income
1 648
-
4 500
-
total
4 034
-
9 303
-
Employer
16 484
-
44 993
-
health
1 138
-
2 288
-
accident

We are using the highest rate at 1.1%.

181
-
365
-
unemployment
99
-
199
-
pensions

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

1 817
-
3 655
-
total
3 235
-
6 507
-
Corporate
31 781
51 500
-
-
income
3 178
5 150
-
-
total
3 178
5 150
-
-
Dividends
28 603
46 350
-
-
withholding
1 430
2 318
-
-
total
1 430
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 877
7 468
15 810
16 581
After tax
39 623
44 032
35 690
34 919
Living cost
12 449
12 449
12 449
12 449
Free-cash
27 174
31 583
23 241
22 470

Estimated living cost  is ₽12449 per week

₽7268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51939
-₽50329
-₽55659
-₽23173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 850
pensions
-
-
-
9 270
health
-
-
-
7 904
total
-
-
-
22 024
Employee
88 028
81 081
81 081
-
health
10 982
10 586
12 445
-
pensions
11 124
11 124
14 595
-
income

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

13 272
13 272
13 272
-
total
35 378
34 982
40 312
-
Employer
88 028
81 081
81 081
-
health
6 117
5 636
5 636
-
unemployment
3 169
2 919
2 919
-
pensions
6 126
5 643
5 643
-
total
15 412
14 198
14 198
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
50 790
49 180
54 510
22 024
After tax
710
2 320
-3 010
29 476
Living cost
52 649
52 649
52 649
52 649
Free-cash
-51 939
-50 329
-55 659
-23 173

Estimated living cost  is ₽52649 per week

₽38838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽3482
₽11890
₽2567
₽1515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 659
-
38 433
-
social contributions
2 253
-
2 498
-
health
4 679
-
5 188
-
solidarity contribution
-
-
-
-
income
4 159
-
4 612
-
total
11 091
-
12 298
-
Employer
34 659
-
38 433
-
health
3 119
-
3 459
-
social contributions
8 665
-
9 608
-
total
11 784
-
13 067
-
Corporate
5 057
51 500
-
-
income
961
9 785
-
-
total
961
9 785
-
-
Dividends
4 096
41 715
-
-
withholding
614
6 257
-
-
total
614
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 450
16 042
25 365
26 417
After tax
27 050
35 458
26 135
25 083
Living cost
23 568
23 568
23 568
23 568
Free-cash
3 482
11 890
2 567
1 515

Estimated living cost  is ₽23568 per week

₽16371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32883
-₽12587
-₽14783
-₽11873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
509
social contributions
-
-
-
13 245
municipal
-
-
-
306
national
-
-
-
9 249
total
-
-
-
23 309
Employee
84 383
-
51 500
-
social contributions
28 454
-
17 366
-
national
14 622
-
8 135
-
regional
796
-
444
-
municipal
447
-
274
-
total
44 319
-
26 219
-
Employer
84 383
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 009
-
-
nationa
-
12 360
-
-
total
-
14 369
-
-
Dividends
-
37 131
-
-
withholding
-
9 654
-
-
total
-
9 654
-
-
Income
51 500
51 500
51 500
51 500
Total tax
44 319
24 023
26 219
23 309
After tax
7 181
27 477
25 281
28 191
Living cost
40 064
40 064
40 064
40 064
Free-cash
-32 883
-12 587
-14 783
-11 873

Estimated living cost  is ₽40064 per week

₽27928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8485
₽11442
₽7273
₽8409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
382
income
-
-
-
7 582
unemployment
-
-
-
216
pensions
-
-
-
10 301
health
-
-
-
3 658
total
-
-
-
22 139
Employee
31 398
-
42 543
-
other
-
-
-
-
unemployment
2 186
-
2 960
-
health
802
-
1 085
-
surtax
103
-
308
-
pensions
2 094
-
2 838
-
income
5 263
-
7 131
-
total
10 448
-
14 322
-
Employer
31 398
-
42 543
-
other
-
-
-
-
health
1 429
-
1 935
-
unemployment
995
-
1 348
-
pensions
4 186
-
5 670
-
total
6 610
-
8 953
-
Corporate
13 493
51 500
-
-
income
3 508
13 389
-
-
total
3 508
13 389
-
-
Dividends
9 985
38 111
-
-
withholding
1 497
5 717
-
-
total
1 497
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 063
19 106
23 275
22 139
After tax
29 437
32 394
28 225
29 361
Living cost
20 952
20 952
20 952
20 952
Free-cash
8 485
11 442
7 273
8 409

Estimated living cost  is ₽20952 per week

₽12811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17731
-₽5665
-₽10539
-₽5464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 696
pensions
-
-
-
3 018
total
-
-
-
12 714
Employee
61 416
-
46 089
-
health
892
-
576
-
pensions
5 213
-
3 374
-
income
11 061
-
8 427
-
total
17 166
-
12 377
-
Employer
61 416
-
46 089
-
health
1 167
-
877
-
pensions
6 648
-
4 535
-
total
7 815
-
5 412
-
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.

-
9 786
-
-
total
-
9 786
-
-
Dividends
-
41 714
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 981
12 915
17 789
12 714
After tax
26 519
38 585
33 711
38 786
Living cost
44 250
44 250
44 250
44 250
Free-cash
-17 731
-5 665
-10 539
-5 464

Estimated living cost  is ₽44250 per week

₽33152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3317
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.
₽7318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45033
-₽51763
-₽34267
-₽31532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

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.

-
-
-
1 029
regional
-
-
-
1 029
city
-
-
-
542
pensions
-
-
-
4 739
health
-
-
-
246
national
-
-
-
133
total
-
-
-
7 718
Employee
88 137
-
46 039
-
national
417
-
104
-
unemployment
-
-
-
-
regional
2 886
-
869
-
city
946
-
493
-
health
199
-
104
-
pensions
7 405
-
3 929
-
total
11 853
-
5 499
-
Employer
88 137
-
46 039
-
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.

1 762
-
921
-
health
199
-
104
-
unemployment
-
-
-
-
pensions
7 405
-
3 929
-
total
9 366
-
4 954
-
Corporate
-
51 500
-
-
national
-
4 377
-
-
regional
-
10 892
-
-
total
-
15 269
-
-
Dividends
-
36 230
-
-
withholding
-
12 680
-
-
total
-
12 680
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 219
27 949
10 453
7 718
After tax
30 281
23 551
41 047
43 782
Living cost
75 314
75 314
75 314
75 314
Free-cash
-45 033
-51 763
-34 267
-31 532

Estimated living cost  is ₽75314 per week

₽48976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5561
-₽17859
-₽3842
-₽5103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 261
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.

-
-
-
279
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.

-
-
-
5 081
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.

-
-
-
6 486
total
-
-
-
13 107
Employee

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

57 061
-
51 500
-
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.

6 486
-
6 486
-
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.

369
-
279
-
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.

6 710
-
5 081
-
total
13 565
-
11 846
-
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
-
-
trade
-
8 832
-
-
chamber of commerce
-
216
-
-
income
-
7 724
-
-
total
-
17 197
-
-
Dividends
-
34 302
-
-
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.

-
452
-
-
withholding
-
8 214
-
-
total
-
8 666
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 565
25 863
11 846
13 107
After tax
37 935
25 637
39 654
38 393
Living cost
43 496
43 496
43 496
43 496
Free-cash
-5 561
-17 859
-3 842
-5 103

Estimated living cost  is ₽43496 per week

₽31767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7685
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1827
-₽6527
-₽1026
-₽1553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
1 467
income
-
-
-
2 153
pensions
-
-
-
14 906
health
-
-
-
447
total
-
-
-
20 569
Employee
40 636
-
39 246
-
social contributions
1 159
-
1 119
-
surtax
-
-
-
-
pensions
4 595
-
4 438
-
income
2 398
-
2 231
-
total
8 152
-
7 788
-
Employer
40 636
-
39 246
-
other
1 402
-
1 353
-
health
2 845
-
2 748
-
social contributions
123
-
117
-
unemployment
1 645
-
1 589
-
pensions
6 676
-
6 447
-
total
12 691
-
12 254
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
14 420
-
-
total
-
14 420
-
-
Dividends
-
37 080
-
-
withholding
-
4 746
-
-
social contributions
-
6 377
-
-
surtax
-
-
-
-
total
-
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 843
25 543
20 042
20 569
After tax
30 657
25 957
31 458
30 931
Living cost
32 484
32 484
32 484
32 484
Free-cash
-1 827
-6 527
-1 026
-1 553

Estimated living cost  is ₽32484 per week

₽20483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1966
-₽3309
₽2192
₽1665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
1 467
income
-
-
-
2 153
pensions
-
-
-
14 906
health
-
-
-
447
total
-
-
-
20 569
Employee
36 273
-
39 246
-
social contributions
1 034
-
1 119
-
surtax
-
-
-
-
pensions
4 103
-
4 438
-
income
1 870
-
2 231
-
total
7 007
-
7 788
-
Employer
36 273
-
39 246
-
other
1 252
-
1 353
-
health
2 539
-
2 748
-
social contributions
108
-
117
-
unemployment
1 468
-
1 589
-
pensions
5 960
-
6 447
-
total
11 327
-
12 254
-
Corporate
3 899
51 500
-
-
surtax
-
-
-
-
income
1 092
14 420
-
-
total
1 092
14 420
-
-
Dividends
2 807
37 080
-
-
withholding
359
4 746
-
-
social contributions
483
6 377
-
-
surtax
-
-
-
-
total
842
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 268
25 543
20 042
20 569
After tax
31 232
25 957
31 458
30 931
Living cost
29 266
29 266
29 266
29 266
Free-cash
1 966
-3 309
2 192
1 665

Estimated living cost  is ₽29266 per week

₽16973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11778
₽11288
₽10855
₽12942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 106
income
-
-
-
7 724
health
-
-
-
3 595
total
-
-
-
18 425
Employee
32 193
-
51 500
-
social contributions
4 443
-
7 106
-
health
2 247
-
3 595
-
income
5 369
-
9 811
-
total
12 059
-
20 512
-
Employer
32 193
-
51 500
-
total
-
-
-
-
Corporate
19 307
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%.

966
2 575
-
-
total
966
2 575
-
-
Dividends
18 342
48 925
-
-
social contributions
2 532
6 751
-
-
withholding
2 751
7 339
-
-
health
1 281
3 414
-
-
total
6 564
17 504
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 589
20 079
20 512
18 425
After tax
31 911
31 421
30 988
33 075
Living cost
20 133
20 133
20 133
20 133
Free-cash
11 778
11 288
10 855
12 942

Estimated living cost  is ₽20133 per week

₽13474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10691
-₽4040
-₽13104
-₽4737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
187
chamber of commerce
-
-
-
205
income
-
-
-
3 097
unemployment
-
-
-
5 823
pensions
-
-
-
9 528
health
-
-
-
3 941
total
-
-
-
22 781
Employee
47 450
37 838
39 844
-
other
474
378
398
-
unemployment
1 423
1 135
1 195
-
health
1 836
1 465
1 542
-
pensions
4 859
3 874
4 079
-
income
5 402
2 791
3 222
-
total
13 994
9 643
10 436
-
Employer
47 450
37 838
39 844
-
other
2 254
1 796
1 892
-
chamber of commerce
189
151
159
-
surtax
187
187
187
-
health
1 793
1 431
1 506
-
accident
616
492
517
-
payroll
1 423
1 135
1 195
-
unemployment
1 423
1 135
1 195
-
pensions
5 955
4 750
5 000
-
total
13 840
11 077
11 651
-
Corporate
3 604
3 604
36 246
-
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.

901
901
9 061
-
total
901
901
9 061
-
Dividends
-
1 684
-
-
withholding
-
463
-
-
total
-
463
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 735
22 084
31 148
22 781
After tax
22 765
29 416
20 352
28 719
Living cost
33 456
33 456
33 456
33 456
Free-cash
-10 691
-4 040
-13 104
-4 737

Estimated living cost  is ₽33456 per week

₽22313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36187
-₽5576
-₽12313
-₽6484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 688
communal

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

-
-
-
2 750
national
-
-
-
14 927
total
-
-
-
23 365
Employee

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

67 916
-
39 891
-
national
20 880
-
10 289
-
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.

591
-
348
-
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.

3 191
-
1 876
-
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.

5 094
-
2 991
-
communal

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

3 542
-
2 081
-
total
33 298
-
17 585
-
Employer

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

67 916
-
39 891
-
surtax
7 701
-
4 523
-
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.

4 177
-
2 452
-
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.

883
-
517
-
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.

991
-
582
-
pensions

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

6 018
-
3 535
-
total
19 770
-
11 609
-
Corporate
-
51 500
-
-
surtax
-
205
-
-
income
-
10 301
-
-
total
-
10 506
-
-
Dividends
-
40 994
-
-
withholding

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

-
11 951
-
-
total
-
11 951
-
-
Income
51 500
51 500
51 500
51 500
Total tax
53 068
22 457
29 194
23 365
After tax
-1 568
29 043
22 306
28 135
Living cost
34 619
34 619
34 619
34 619
Free-cash
-36 187
-5 576
-12 313
-6 484

Estimated living cost  is ₽34619 per week

₽22299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3027
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.
₽8751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10828
₽510
-₽5385
-₽5770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 531
unemployment
-
-
-
360
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
22 981
Employee
47 262
-
39 051
-
other
47
-
40
-
unemployment
733
-
605
-
pensions
2 222
-
1 836
-
income
9 972
-
7 666
-
total
12 974
-
10 147
-
Employer
47 262
-
39 051
-
other
377
-
312
-
accident
935
-
773
-
unemployment
2 600
-
2 148
-
pensions
11 153
-
9 216
-
total
15 065
-
12 449
-
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.

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 977
-
-
total
-
8 977
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 039
16 701
22 596
22 981
After tax
23 461
34 799
28 904
28 519
Living cost
34 289
34 289
34 289
34 289
Free-cash
-10 828
510
-5 385
-5 770

Estimated living cost  is ₽34289 per week

₽25250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28992
-₽19194
-₽16263
-₽17325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
1 935
communal
-
-
-
-
pensions
-
-
-
8 240
accident
-
-
-
463
health
-
-
-
3 863
total
-
-
-
17 227
Employee
71 902
-
46 001
-
health
3 200
-
2 047
-
surtax
4 407
-
2 820
-
pensions
5 751
-
3 679
-
income
6 945
-
2 122
-
total
20 303
-
10 668
-
Employer
71 902
-
46 001
-
health
2 193
-
1 404
-
accident
647
-
414
-
pensions
5 751
-
3 679
-
total
8 591
-
5 497
-
Corporate
-
51 500
-
-
surtax
-
541
-
-
income
-
7 724
-
-
communal
-
3 476
-
-
total
-
11 741
-
-
Dividends
-
39 760
-
-
income
-
1 391
-
-
withholding
-
5 964
-
-
total
-
7 355
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 894
19 096
16 165
17 227
After tax
22 606
32 404
35 335
34 273
Living cost
51 598
51 598
51 598
51 598
Free-cash
-28 992
-19 194
-16 263
-17 325

Estimated living cost  is ₽51598 per week

₽38706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8049
₽11068
₽6899
₽8035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
382
income
-
-
-
7 582
unemployment
-
-
-
216
pensions
-
-
-
10 301
health
-
-
-
3 658
total
-
-
-
22 139
Employee
31 975
-
42 543
-
other
-
-
-
-
unemployment
2 225
-
2 960
-
health
816
-
1 085
-
surtax
114
-
308
-
pensions
2 133
-
2 838
-
income
5 360
-
7 131
-
total
10 648
-
14 322
-
Employer
31 975
-
42 543
-
other
-
-
-
-
health
1 454
-
1 935
-
unemployment
1 014
-
1 348
-
pensions
4 263
-
5 670
-
total
6 731
-
8 953
-
Corporate
12 794
51 500
-
-
income
3 326
13 389
-
-
total
3 326
13 389
-
-
Dividends
9 468
38 111
-
-
withholding
1 420
5 717
-
-
total
1 420
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 125
19 106
23 275
22 139
After tax
29 375
32 394
28 225
29 361
Living cost
21 326
21 326
21 326
21 326
Free-cash
8 049
11 068
6 899
8 035

Estimated living cost  is ₽21326 per week

₽12876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1169
₽1493
-₽545
₽2346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
777
social contributions
-
-
-
13 245
municipal
-
-
-
306
national
-
-
-
9 249
total
-
-
-
23 577
Employee
52 668
-
51 500
-
social contributions
17 760
-
17 366
-
national
8 344
-
8 135
-
regional
709
-
693
-
municipal
279
-
274
-
total
27 092
-
26 468
-
Employer
52 668
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 560
-
-
nationa
-
12 360
-
-
total
-
14 920
-
-
Dividends
-
36 579
-
-
withholding
-
9 510
-
-
total
-
9 510
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 092
24 430
26 468
23 577
After tax
24 408
27 070
25 032
27 923
Living cost
25 577
25 577
25 577
25 577
Free-cash
-1 169
1 493
-545
2 346

Estimated living cost  is ₽25577 per week

₽15906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5730
₽6416
-₽2907
-₽3959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 709
-
38 433
-
social contributions
2 776
-
2 498
-
health
5 766
-
5 188
-
solidarity contribution
-
-
-
-
income
5 125
-
4 612
-
total
13 667
-
12 298
-
Employer
42 709
-
38 433
-
health
3 844
-
3 459
-
social contributions
10 677
-
9 608
-
total
14 521
-
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
28 188
16 042
25 365
26 417
After tax
23 312
35 458
26 135
25 083
Living cost
29 042
29 042
29 042
29 042
Free-cash
-5 730
6 416
-2 907
-3 959

Estimated living cost  is ₽29042 per week

₽21598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2847
-₽740
-₽9904
-₽1385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
205
income
-
-
-
3 097
unemployment
-
-
-
5 823
pensions
-
-
-
9 528
health
-
-
-
3 941
total
-
-
-
22 594
Employee
41 504
37 838
39 988
-
other
414
378
400
-
unemployment
1 245
1 135
1 200
-
health
1 605
1 465
1 548
-
pensions
4 250
3 874
4 095
-
income
3 697
2 791
3 263
-
total
11 211
9 643
10 506
-
Employer
41 504
37 838
39 988
-
other
1 971
1 796
1 901
-
chamber of commerce
166
151
160
-
surtax
-
-
-
-
health
1 569
1 431
1 512
-
accident
539
492
521
-
payroll
1 245
1 135
1 200
-
unemployment
1 245
1 135
1 200
-
pensions
5 209
4 750
5 018
-
total
11 944
10 890
11 512
-
Corporate
3 604
3 604
36 385
-
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.

901
901
9 095
-
total
901
901
9 095
-
Dividends
-
1 871
-
-
withholding
-
515
-
-
total
-
515
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 056
21 949
31 113
22 594
After tax
27 444
29 551
20 387
28 906
Living cost
30 291
30 291
30 291
30 291
Free-cash
-2 847
-740
-9 904
-1 385

Estimated living cost  is ₽30291 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33259
₽35732
₽28007
₽37792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 491
-
51 500
-
income
3 298
-
10 300
-
total
3 298
-
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%.

35 009
51 500
-
-
total
-
-
-
-
Dividends
35 009
51 500
-
-
withholding
1 750
2 575
-
-
total
1 750
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
5 048
2 575
10 300
515
After tax
46 452
48 925
41 200
50 985
Living cost
13 193
13 193
13 193
13 193
Free-cash
33 259
35 732
28 007
37 792

Estimated living cost  is ₽13193 per week

₽8928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽554
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.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2050
₽9989
₽1463
₽3084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 399
unemployment
-
-
-
77
pensions
-
-
-
9 405
health
-
-
-
5 068
total
-
-
-
22 949
Employee

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

41 986
-
44 561
-
unemployment
59
-
63
-
health
2 712
-
2 879
-
pensions
6 508
-
6 906
-
income
7 240
-
7 783
-
total
16 519
-
17 631
-
Employer

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

41 986
-
44 561
-
health
2 796
-
2 968
-
unemployment
25
-
27
-
pensions
3 715
-
3 944
-
total
6 536
-
6 939
-
Corporate
2 977
51 500
-
-
income
566
9 786
-
-
total
566
9 786
-
-
Dividends
2 412
41 714
-
-
withholding
362
6 258
-
-
total
362
6 258
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 983
16 044
24 570
22 949
After tax
27 517
35 456
26 930
28 551
Living cost
25 467
25 467
25 467
25 467
Free-cash
2 050
9 989
1 463
3 084

Estimated living cost  is ₽25467 per week

₽17477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽104381
-₽13777
-₽7363
-₽9519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
64 681
-
-
-
social contributions
5 304
-
756
-
income
14 267
-
-
-
total
19 571
-
756
-
Employer
64 681
-
-
-
social contributions
91 200
-
12 997
-
total
91 200
-
12 997
-
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
110 771
20 167
13 753
15 909
After tax
-59 271
31 333
37 747
35 591
Living cost
45 110
45 110
45 110
45 110
Free-cash
-104 381
-13 777
-7 363
-9 519

Estimated living cost  is ₽45110 per week

₽29269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2540
-₽489
-₽1186
₽62
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 895
income
-
-
-
3 761
total
-
-
-
21 656
Employee
43 668
-
41 615
-
social contributions
4 804
-
4 578
-
surtax
-
-
-
-
income
9 083
-
8 443
-
total
13 887
-
13 021
-
Employer
43 668
-
41 615
-
social contributions
10 371
-
9 883
-
total
10 371
-
9 883
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
10 814
-
-
total
-
10 814
-
-
Dividends
-
40 686
-
-
withholding
-
11 393
-
-
total
-
11 393
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 258
22 207
22 904
21 656
After tax
27 242
29 293
28 596
29 844
Living cost
29 782
29 782
29 782
29 782
Free-cash
-2 540
-489
-1 186
62

Estimated living cost  is ₽29782 per week

₽22283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26539
-₽19901
-₽14400
-₽14927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
1 467
income
-
-
-
2 153
pensions
-
-
-
14 906
health
-
-
-
447
total
-
-
-
20 569
Employee
59 467
-
39 246
-
social contributions
1 694
-
1 119
-
surtax
-
-
-
-
pensions
6 726
-
4 438
-
income
5 189
-
2 231
-
total
13 609
-
7 788
-
Employer
59 467
-
39 246
-
other
2 052
-
1 353
-
health
4 162
-
2 748
-
social contributions
178
-
117
-
unemployment
2 409
-
1 589
-
pensions
9 771
-
6 447
-
total
18 572
-
12 254
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
14 420
-
-
total
-
14 420
-
-
Dividends
-
37 080
-
-
withholding
-
4 746
-
-
social contributions
-
6 377
-
-
surtax
-
-
-
-
total
-
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
32 181
25 543
20 042
20 569
After tax
19 319
25 957
31 458
30 931
Living cost
45 858
45 858
45 858
45 858
Free-cash
-26 539
-19 901
-14 400
-14 927

Estimated living cost  is ₽45858 per week

₽31036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14618
₽17809
₽13152
₽11629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 524
-
44 588
-
income
-
-
-
-
social contributions
1 984
-
2 897
-
total
1 984
-
2 897
-
Employer
30 524
-
44 588
-
social contributions
4 732
-
6 910
-
total
4 732
-
6 910
-
Corporate
16 244
51 500
-
-
income
1 625
5 150
-
-
total
1 625
5 150
-
-
Dividends
14 619
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 341
5 150
9 807
11 330
After tax
43 159
46 350
41 693
40 170
Living cost
28 541
28 541
28 541
28 541
Free-cash
14 618
17 809
13 152
11 629

Estimated living cost  is ₽28541 per week

₽18454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154978
-₽154978
-₽154978
-₽12021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
4 054
municipal
-
-
-
8 204
pensions
-
-
-
821
national
-
-
-
4 802
total
-
-
-
17 881
Employee
192 636
192 636
192 636
-
national
23 534
23 534
23 534
-
pensions
274
274
274
-
municipal
41 021
41 021
41 021
-
labour market
15 389
15 389
15 389
-
total
80 218
80 218
80 218
-
Employer
192 636
192 636
192 636
-
national
23 575
23 575
23 575
-
labour market
15 411
15 411
15 411
-
pensions
548
548
548
-
municipal
41 086
41 086
41 086
-
total
80 620
80 620
80 620
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
160 838
160 838
160 838
17 881
After tax
-109 338
-109 338
-109 338
33 619
Living cost
45 640
45 640
45 640
45 640
Free-cash
-154 978
-154 978
-154 978
-12 021

Estimated living cost  is ₽45640 per week

₽31237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1067
-₽16070
₽6956
₽15372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
9 383
pensions
-
-
-
3 885
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
15 887
Employee
31 841
-
42 781
-
health
3 646
-
4 899
-
pensions
3 586
-
4 817
-
income
4 368
-
5 869
-
total
11 600
-
15 585
-
Employer
31 841
-
42 781
-
accident
532
-
714
-
unemployment
780
-
1 048
-
pensions
5 177
-
6 956
-
total
6 489
-
8 718
-
Corporate
13 170
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.

11 853
46 350
-
-
total
11 853
46 350
-
-
Dividends
1 317
5 150
-
-
withholding
250
979
-
-
total
250
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 192
47 329
24 303
15 887
After tax
21 308
4 171
27 197
35 613
Living cost
20 241
20 241
20 241
20 241
Free-cash
1 067
-16 070
6 956
15 372

Estimated living cost  is ₽20241 per week

₽14733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7879
-₽816
-₽4544
₽3891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 198
health
-
-
-
396
national
-
-
-
1 562
total
-
-
-
11 156
Employee
49 953
-
43 325
-
national
825
-
467
-
unemployment
750
-
650
-
health
373
-
270
-
pensions
3 371
-
2 924
-
municipal
8 182
-
7 106
-
total
13 501
-
11 417
-
Employer
49 953
-
43 325
-
health
384
-
333
-
accident
50
-
43
-
unemployment
324
-
281
-
pensions
8 667
-
7 517
-
total
9 425
-
8 174
-
Corporate
-
51 500
-
-
income
-
10 301
-
-
total
-
10 301
-
-
Dividends

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

-
30 899
-
-
municipal
-
5 562
-
-
national
-
-
-
-
total
-
5 562
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 926
15 863
19 591
11 156
After tax
28 574
35 637
31 909
40 344
Living cost
36 453
36 453
36 453
36 453
Free-cash
-7 879
-816
-4 544
3 891

Estimated living cost  is ₽36453 per week

₽23811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10798
₽8048
₽12549
₽18765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 034
income
-
-
-
1 404
health
-
-
-
1 314
total
-
-
-
10 752
Employee
73 010
73 010
73 010
-
social contributions
2 760
6 059
3 881
-
health
566
1 241
795
-
income
7 950
6 759
7 546
-
total
11 276
14 059
12 222
-
Employer
73 010
73 010
73 010
-
health
614
1 351
865
-
social contributions
2 760
6 059
3 881
-
total
3 374
7 410
4 746
-
Corporate
14 867
-
-
-
income
1 858
-
-
-
total
1 858
-
-
-
Dividends
13 009
-
-
-
withholding
2 211
-
-
-
total
2 211
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 719
21 469
16 968
10 752
After tax
32 781
30 031
34 532
40 748
Living cost
21 983
21 983
21 983
21 983
Free-cash
10 798
8 048
12 549
18 765

Estimated living cost  is ₽21983 per week

₽13175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22743
₽27573
₽16841
₽22637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 285
unemployment
-
-
-
27
pensions
-
-
-
6 040
health
-
-
-
3 436
total
-
-
-
13 788
Employee

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

21 794
-
46 691
-
unemployment
108
-
234
-
health
1 852
-
3 969
-
pensions
3 268
-
7 004
-
income
1 490
-
3 568
-
total
6 718
-
14 775
-
Employer

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

21 794
-
46 691
-
health
937
-
2 007
-
unemployment
108
-
234
-
pensions
1 198
-
2 568
-
total
2 243
-
4 809
-
Corporate
27 463
51 500
-
-
income
2 472
4 634
-
-
total
2 472
4 634
-
-
Dividends
24 991
46 866
-
-
withholding
2 249
4 218
-
-
total
2 249
4 218
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 682
8 852
19 584
13 788
After tax
37 818
42 648
31 916
37 712
Living cost
15 075
15 075
15 075
15 075
Free-cash
22 743
27 573
16 841
22 637

Estimated living cost  is ₽15075 per week

₽9618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3582
₽8690
₽2795
₽2410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 531
unemployment
-
-
-
360
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
22 981
Employee
35 107
-
39 051
-
other
34
-
40
-
unemployment
544
-
605
-
pensions
1 650
-
1 836
-
income
6 768
-
7 666
-
total
8 996
-
10 147
-
Employer
35 107
-
39 051
-
other
281
-
312
-
accident
695
-
773
-
unemployment
1 932
-
2 148
-
pensions
8 285
-
9 216
-
total
11 193
-
12 449
-
Corporate
5 200
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.

780
7 724
-
-
total
780
7 724
-
-
Dividends
4 420
43 776
-
-
withholding
840
8 977
-
-
total
840
8 977
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 809
16 701
22 596
22 981
After tax
29 691
34 799
28 904
28 519
Living cost
26 109
26 109
26 109
26 109
Free-cash
3 582
8 690
2 795
2 410

Estimated living cost  is ₽26109 per week

₽17623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30232
₽30501
₽30763
₽30881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 928
pensions
-
-
-
1 192
health
-
-
-
864
total
-
-
-
18 984
Employee
2 490
-
50 159
-
unemployment
25
-
60
-
health
124
-
298
-
pensions
224
-
537
-
income
482
-
16 866
-
total
855
-
17 761
-
Employer
2 490
-
50 159
-
health
237
-
566
-
unemployment
50
-
119
-
pensions
274
-
656
-
total
561
-
1 341
-
Corporate
48 450
51 500
-
-
income
10 659
11 330
-
-
total
10 659
11 330
-
-
Dividends
37 791
40 170
-
-
withholding
7 558
8 034
-
-
total
7 558
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 633
19 364
19 102
18 984
After tax
31 867
32 136
32 398
32 516
Living cost
1 635
1 635
1 635
1 635
Free-cash
30 232
30 501
30 763
30 881

Estimated living cost  is ₽1635 per week

₽971
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.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16161
₽20823
₽11396
₽9180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 466
unemployment
-
-
-
773
pensions
-
-
-
13 390
health
-
-
-
5 305
total
-
-
-
25 934
Employee

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

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

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

24 709
-
43 681
-
unemployment
185
-
328
-
health
1 273
-
2 250
-
pensions
3 459
-
6 115
-
income
3 406
-
7 205
-
total
8 323
-
15 898
-
Employer

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

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

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

24 709
-
43 681
-
health
1 273
-
2 250
-
unemployment
185
-
328
-
pensions
2 965
-
5 242
-
total
4 423
-
7 820
-
Corporate
22 368
51 500
-
-
income
3 355
7 725
-
-
total
3 355
7 725
-
-
Dividends
19 013
43 775
-
-
withholding
2 852
6 566
-
-
total
2 852
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 953
14 291
23 718
25 934
After tax
32 547
37 209
27 782
25 566
Living cost
16 386
16 386
16 386
16 386
Free-cash
16 161
20 823
11 396
9 180

Estimated living cost  is ₽16386 per week

₽11033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3356
₽3696
₽2999
₽4247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 895
income
-
-
-
3 761
total
-
-
-
21 656
Employee
36 851
-
41 615
-
social contributions
4 054
-
4 578
-
surtax
-
-
-
-
income
7 200
-
8 443
-
total
11 254
-
13 021
-
Employer
36 851
-
41 615
-
social contributions
8 751
-
9 883
-
total
8 751
-
9 883
-
Corporate
5 898
51 500
-
-
surtax
-
-
-
-
income
1 238
10 814
-
-
total
1 238
10 814
-
-
Dividends
4 660
40 686
-
-
withholding
1 304
11 393
-
-
total
1 304
11 393
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 547
22 207
22 904
21 656
After tax
28 953
29 293
28 596
29 844
Living cost
25 597
25 597
25 597
25 597
Free-cash
3 356
3 696
2 999
4 247

Estimated living cost  is ₽25597 per week

₽18130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8976
₽1431
-₽4464
-₽4849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 531
unemployment
-
-
-
360
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
22 981
Employee
45 855
-
39 051
-
other
45
-
40
-
unemployment
710
-
605
-
pensions
2 155
-
1 836
-
income
9 577
-
7 666
-
total
12 487
-
10 147
-
Employer
45 855
-
39 051
-
other
368
-
312
-
accident
908
-
773
-
unemployment
2 523
-
2 148
-
pensions
10 822
-
9 216
-
total
14 621
-
12 449
-
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.

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 977
-
-
total
-
8 977
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 108
16 701
22 596
22 981
After tax
24 392
34 799
28 904
28 519
Living cost
33 368
33 368
33 368
33 368
Free-cash
-8 976
1 431
-4 464
-4 849

Estimated living cost  is ₽33368 per week

₽23964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21912
₽27698
₽19356
₽18585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 725
unemployment
-
-
-
133
pensions

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

-
-
-
4 909
health
-
-
-
3 814
total
-
-
-
16 581
Employee
21 628
-
44 993
-
health
995
-
1 526
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 899
-
2 912
-
income
2 163
-
4 500
-
total
5 295
-
9 303
-
Employer
21 628
-
44 993
-
health
1 492
-
2 288
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
unemployment
130
-
199
-
pensions

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

2 383
-
3 655
-
total
4 243
-
6 507
-
Corporate
25 628
51 500
-
-
income
2 563
5 150
-
-
total
2 563
5 150
-
-
Dividends
23 065
46 350
-
-
withholding
1 153
2 318
-
-
total
1 153
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 254
7 468
15 810
16 581
After tax
38 246
44 032
35 690
34 919
Living cost
16 334
16 334
16 334
16 334
Free-cash
21 912
27 698
19 356
18 585

Estimated living cost  is ₽16334 per week

₽10803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2460
-₽9963
₽2998
₽1942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 056
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.

-
-
-
279
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.

-
-
-
5 081
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.

-
-
-
6 486
total
-
-
-
12 902
Employee

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

47 242
-
51 500
-
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.

6 486
-
6 486
-
surtax

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

214
-
279
-
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.

3 885
-
5 081
-
total
10 585
-
11 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 258
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.

34
425
-
-
trade
611
7 391
-
-
chamber of commerce
150
220
-
-
income
638
7 724
-
-
total
1 433
15 760
-
-
Dividends
2 826
35 740
-
-
surtax

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

20
472
-
-
withholding
346
8 575
-
-
total
366
9 047
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 384
24 807
11 846
12 902
After tax
39 116
26 693
39 654
38 598
Living cost
36 656
36 656
36 656
36 656
Free-cash
2 460
-9 963
2 998
1 942

Estimated living cost  is ₽36656 per week

₽25286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
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.
₽6894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22770
-₽18037
-₽13578
-₽13578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 664
income
-
-
-
7 328
total
-
-
-
10 992
Employee
74 270
-
51 500
-
income
14 014
-
7 328
-
social contributions
6 170
-
3 664
-
total
20 184
-
10 992
-
Employer
74 270
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
6 438
-
-
total
-
6 438
-
-
Dividends
-
45 062
-
-
withholding
-
9 013
-
-
total
-
9 013
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 184
15 451
10 992
10 992
After tax
31 316
36 049
40 508
40 508
Living cost
54 086
54 086
54 086
54 086
Free-cash
-22 770
-18 037
-13 578
-13 578

Estimated living cost  is ₽54086 per week

₽41148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽506
-₽6007
₽2678
-₽16054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 061
income
-
-
-
27 027
total
-
-
-
33 088
Employee
43 556
-
47 132
-
income
4 726
-
5 620
-
social contributions
4 364
-
4 368
-
total
9 090
-
9 988
-
Employer
43 556
-
47 132
-
social contributions
4 364
-
4 368
-
total
4 364
-
4 368
-
Corporate
3 580
51 500
-
-
income
1 252
18 025
-
-
total
1 252
18 025
-
-
Dividends
2 328
33 475
-
-
social contributions
2 834
5 016
-
-
total
2 834
5 016
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 540
23 041
14 356
33 088
After tax
33 960
28 459
37 144
18 412
Living cost
34 466
34 466
34 466
34 466
Free-cash
-506
-6 007
2 678
-16 054

Estimated living cost  is ₽34466 per week

₽22703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3806
₽2611
-₽2263
₽2812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 696
pensions
-
-
-
3 018
total
-
-
-
12 714
Employee
49 379
-
46 089
-
health
644
-
576
-
pensions
3 769
-
3 374
-
income
8 992
-
8 427
-
total
13 405
-
12 377
-
Employer
49 379
-
46 089
-
health
938
-
877
-
pensions
4 989
-
4 535
-
total
5 927
-
5 412
-
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.

-
9 786
-
-
total
-
9 786
-
-
Dividends
-
41 714
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 332
12 915
17 789
12 714
After tax
32 168
38 585
33 711
38 786
Living cost
35 974
35 974
35 974
35 974
Free-cash
-3 806
2 611
-2 263
2 812

Estimated living cost  is ₽35974 per week

₽24678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽761
-₽18074
₽4952
₽13368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
346
income
-
-
-
9 383
pensions
-
-
-
3 885
accident
-
-
-
236
health
-
-
-
2 037
total
-
-
-
15 887
Employee
34 993
-
42 781
-
health
4 006
-
4 899
-
pensions
3 940
-
4 817
-
income
4 801
-
5 869
-
total
12 747
-
15 585
-
Employer
34 993
-
42 781
-
accident
584
-
714
-
unemployment
857
-
1 048
-
pensions
5 690
-
6 956
-
total
7 131
-
8 718
-
Corporate
9 376
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.

8 438
46 350
-
-
total
8 438
46 350
-
-
Dividends
938
5 150
-
-
withholding
178
979
-
-
total
178
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 494
47 329
24 303
15 887
After tax
23 006
4 171
27 197
35 613
Living cost
22 245
22 245
22 245
22 245
Free-cash
761
-18 074
4 952
13 368

Estimated living cost  is ₽22245 per week

₽16325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26374
₽30980
₽17796
₽17796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
work injury
-
-
-
258
health insurance
-
-
-
3 811
income
-
-
-
6 746
unemployment
-
-
-
618
pensions
-
-
-
9 476
total
-
-
-
20 909
Employee

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

20 472
-
51 500
-
health insurance
1 515
-
3 811
-
unemployment
246
-
618
-
pensions
3 767
-
9 476
-
income
2 047
-
6 746
-
work injury
102
-
258
-
total
7 677
-
20 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 028
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
31 028
51 500
-
-
withholding
4 654
7 725
-
-
total
4 654
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 331
7 725
20 909
20 909
After tax
39 169
43 775
30 591
30 591
Living cost
12 795
12 795
12 795
12 795
Free-cash
26 374
30 980
17 796
17 796

Estimated living cost  is ₽12795 per week

₽7927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28509
-₽10699
-₽12796
-₽9937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
774
social contributions
-
-
-
13 245
municipal
-
-
-
344
national
-
-
-
9 249
total
-
-
-
23 612
Employee
80 008
-
51 500
-
social contributions
26 978
-
17 366
-
national
13 521
-
8 135
-
regional
1 208
-
662
-
municipal
477
-
308
-
total
42 184
-
26 471
-
Employer
80 008
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 483
-
-
nationa
-
12 360
-
-
total
-
14 843
-
-
Dividends
-
36 657
-
-
withholding
-
9 531
-
-
total
-
9 531
-
-
Income
51 500
51 500
51 500
51 500
Total tax
42 184
24 374
26 471
23 612
After tax
9 316
27 126
25 029
27 888
Living cost
37 825
37 825
37 825
37 825
Free-cash
-28 509
-10 699
-12 796
-9 937

Estimated living cost  is ₽37825 per week

₽26569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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