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
₽7798
₽10740
-₽2768
₽9623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 526
trade
-
-
-
1 117
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.

-
-
-
5 023
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.

-
-
-
276
total
-
-
-
12 942
Employee

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

36 538
-
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.

6 526
-
6 526
-
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.

1 021
-
5 023
-
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
-
276
-
total
7 603
-
11 825
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 962
51 500
-
-
income
2 244
7 725
-
-
chamber of commerce
167
219
-
-
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.

123
424
-
-
trade
2 357
8 111
-
-
total
4 891
16 479
-
-
Dividends
10 071
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.

118
462
-
-
withholding
2 155
8 392
-
-
total
2 273
8 854
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 767
25 333
11 825
12 942
After tax
36 733
26 167
39 675
38 558
Living cost
28 935
28 935
28 935
28 935
Free-cash
7 798
-2 768
10 740
9 623

Estimated living cost  is ₽28935 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31721
-₽16275
-₽17082
-₽16678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 795
pensions
-
-
-
6 180
national
-
-
-
7 431
total
-
-
-
18 960
Employee
76 297
-
44 521
-
pensions
3 052
-
1 781
-
municipal
9 424
-
4 995
-
national
14 603
-
7 740
-
total
27 079
-
14 516
-
Employer
76 297
-
44 521
-
pensions
6 104
-
3 562
-
social contributions
820
-
479
-
total
6 924
-
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
34 003
19 364
18 557
18 960
After tax
17 497
32 136
32 943
32 540
Living cost
49 218
49 218
49 218
49 218
Free-cash
-31 721
-17 082
-16 275
-16 678

Estimated living cost  is ₽49218 per week

₽33453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13490
₽9656
₽21325
₽20893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 008
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
7 725
total
-
-
-
10 733
Employee
27 914
-
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.

3 071
-
4 565
-
income
4 969
-
7 407
-
surtax
-
-
-
-
total
8 040
-
11 972
-
Employer
27 914
-
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.

6 724
-
9 998
-
total
6 724
-
9 998
-
Corporate
16 862
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%.

3 372
10 301
-
-
total
3 372
10 301
-
-
Dividends

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

13 490
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 136
10 301
21 970
10 733
After tax
33 364
41 199
29 530
40 767
Living cost
19 874
19 874
19 874
19 874
Free-cash
13 490
21 325
9 656
20 893

Estimated living cost  is ₽19874 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43362
-₽43362
-₽37999
-₽10538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 904
income
-
-
-
4 847
pensions
-
-
-
9 269
total
-
-
-
22 020
Employee
81 578
81 578
81 578
-
pensions
14 684
11 192
14 684
-
health
12 521
10 650
12 521
-
income

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

13 353
13 353
13 353
-
total
40 558
35 195
40 558
-
Employer
81 578
81 578
81 578
-
pensions
5 678
5 678
5 678
-
health
5 671
5 671
5 671
-
unemployment
2 937
2 937
2 937
-
total
14 286
14 286
14 286
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
54 844
49 481
54 844
22 020
After tax
-3 344
2 019
-3 344
29 480
Living cost
40 018
40 018
40 018
40 018
Free-cash
-43 362
-37 999
-43 362
-10 538

Estimated living cost  is ₽40018 per week

₽28360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽21910
-₽11701
-₽11083
-₽13529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
103
health
-
-
-
3 213
municipal
-
-
-
10 908
pensions
-
-
-
5 567
other
-
-
-
5 984
unemployment
-
-
-
52
national
-
-
-
-
total
-
-
-
25 827
Employee
55 859
-
39 187
-
municipal
16 657
-
11 686
-
national
-
-
-
-
total
16 657
-
11 686
-
Employer
55 859
-
39 187
-
pensions
6 038
-
4 236
-
other
6 491
-
4 554
-
health
3 435
-
2 410
-
unemployment
1 475
-
1 035
-
accident
112
-
78
-
total
17 551
-
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
34 208
23 381
23 999
25 827
After tax
17 292
28 119
27 501
25 673
Living cost
39 202
39 202
39 202
39 202
Free-cash
-21 910
-11 083
-11 701
-13 529

Estimated living cost  is ₽39202 per week

₽25982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1796
₽2147
-₽11626
₽981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 526
trade
-
-
-
1 166
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.

-
-
-
5 023
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.

-
-
-
276
total
-
-
-
12 991
Employee

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

48 445
-
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.

6 526
-
6 526
-
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.

4 162
-
5 023
-
surtax

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

228
-
276
-
total
10 916
-
11 825
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 055
51 500
-
-
income
459
7 725
-
-
chamber of commerce
149
218
-
-
surtax

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

25
424
-
-
trade
502
8 471
-
-
total
1 135
16 838
-
-
Dividends
1 921
34 662
-
-
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.

7
457
-
-
withholding
118
8 303
-
-
total
125
8 760
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 176
25 598
11 825
12 991
After tax
39 324
25 902
39 675
38 509
Living cost
37 528
37 528
37 528
37 528
Free-cash
1 796
-11 626
2 147
981

Estimated living cost  is ₽37528 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3004
₽3495
-₽1088
₽9808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 035
health
-
-
-
1 312
income
-
-
-
1 360
total
-
-
-
10 707
Employee
73 457
73 457
73 457
-
health
731
1 249
794
-
social contributions
3 569
6 097
3 881
-
income
7 714
6 800
7 599
-
total
12 014
14 146
12 274
-
Employer
73 457
73 457
73 457
-
health
796
1 360
865
-
social contributions
3 569
6 097
3 881
-
total
4 365
7 457
4 746
-
Corporate
4 136
-
-
-
income
517
-
-
-
total
517
-
-
-
Dividends
3 620
-
-
-
withholding
615
-
-
-
total
615
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 511
21 603
17 020
10 707
After tax
33 989
29 897
34 480
40 793
Living cost
30 985
30 985
30 985
30 985
Free-cash
3 004
-1 088
3 495
9 808

Estimated living cost  is ₽30985 per week

₽21181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11765
₽12064
₽11394
₽17887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 605
income
-
-
-
6 296
pensions
-
-
-
5 150
unemployment
-
-
-
772
total
-
-
-
15 823
Employee

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

The minimum wage is 138,000 HUF per month.

25 680
10 220
43 096
-
unemployment
385
153
646
-
pensions
2 568
1 022
4 310
-
health
1 798
715
3 017
-
income
3 139
1 249
5 269
-
total
7 890
3 139
13 242
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 680
10 220
43 096
-
pensions
5 008
1 993
8 404
-
total
5 008
1 993
8 404
-
Corporate
20 812
39 287
-
-
income
1 873
3 536
-
-
total
1 873
3 536
-
-
Dividends
18 939
35 751
-
-
social contributions
3 576
6 855
-
-
withholding
3 598
6 793
-
-
total
7 174
13 648
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 945
22 316
21 646
15 823
After tax
29 555
29 184
29 854
35 677
Living cost
17 790
17 790
17 790
17 790
Free-cash
11 765
11 394
12 064
17 887

Estimated living cost  is ₽17790 per week

₽12140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12193
₽7564
₽18125
₽5772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 695
income
-
-
-
5 660
pensions
-
-
-
10 299
total
-
-
-
22 654
Employee
27 100
-
38 491
-
unemployment
433
-
616
-
pensions
542
-
770
-
income
3 051
-
6 468
-
total
4 026
-
7 854
-
Employer
27 100
-
38 491
-
pensions
5 420
-
7 697
-
health
3 522
-
5 003
-
unemployment
218
-
308
-
total
9 160
-
13 008
-
Corporate
15 240
51 500
-
-
income
3 047
10 301
-
-
total
3 047
10 301
-
-
Dividends
12 192
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
16 233
10 301
20 862
22 654
After tax
35 267
41 199
30 638
28 846
Living cost
23 074
23 074
23 074
23 074
Free-cash
12 193
18 125
7 564
5 772

Estimated living cost  is ₽23074 per week

₽15826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
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.
₽5410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽884
₽5762
-₽17264
₽14204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
health
-
-
-
2 125
income
-
-
-
9 075
pensions
-
-
-
4 054
other
-
-
-
361
total
-
-
-
15 861
Employee
33 719
-
42 781
-
pensions
3 797
-
4 817
-
health
3 861
-
4 899
-
income
4 626
-
5 869
-
total
12 284
-
15 585
-
Employer
33 719
-
42 781
-
pensions
5 483
-
6 956
-
unemployment
826
-
1 048
-
accident
563
-
714
-
total
6 872
-
8 718
-
Corporate
10 909
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.

9 818
46 350
-
-
total
9 818
46 350
-
-
Dividends
1 091
5 150
-
-
withholding
207
979
-
-
total
207
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 181
47 329
24 303
15 861
After tax
22 319
4 171
27 197
35 639
Living cost
21 435
21 435
21 435
21 435
Free-cash
884
-17 264
5 762
14 204

Estimated living cost  is ₽21435 per week

₽15710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽39576
₽33327
₽41052
₽43112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
9 840
-
51 500
-
income
1 968
-
10 300
-
total
1 968
-
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%.

41 660
51 500
-
-
total
-
-
-
-
Dividends
41 660
51 500
-
-
withholding
2 083
2 575
-
-
total
2 083
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 051
2 575
10 300
515
After tax
47 449
48 925
41 200
50 985
Living cost
7 873
7 873
7 873
7 873
Free-cash
39 576
41 052
33 327
43 112

Estimated living cost  is ₽7873 per week

₽4879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5933
₽4729
₽12382
₽2430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 266
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.

-
-
-
12 362
other
-
-
-
2 446
total
-
-
-
23 615
Employee
34 686
-
41 131
-
unemployment
346
-
412
-
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.

2 427
-
2 881
-
health
486
-
576
-
income
5 971
-
7 079
-
total
9 230
-
10 948
-
Employer
34 686
-
41 131
-
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.

5 897
-
6 992
-
other
1 735
-
2 058
-
health
486
-
576
-
unemployment
346
-
412
-
accident
277
-
330
-
total
8 741
-
10 368
-
Corporate
8 073
51 500
-
-
income
1 695
10 815
-
-
total
1 695
10 815
-
-
Dividends
6 378
40 685
-
-
withholding
446
2 848
-
-
total
446
2 848
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 112
13 663
21 316
23 615
After tax
31 388
37 837
30 184
27 885
Living cost
25 455
25 455
25 455
25 455
Free-cash
5 933
12 382
4 729
2 430

Estimated living cost  is ₽25455 per week

₽17985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49196
-₽28982
-₽24005
-₽23850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 685
pensions
-
-
-
3 073
total
-
-
-
12 758
Employee
88 559
-
46 038
-
pensions
8 543
-
3 440
-
health
1 459
-
587
-
income
15 964
-
8 401
-
total
25 966
-
12 428
-
Employer
88 559
-
46 038
-
pensions
10 456
-
4 588
-
health
1 682
-
874
-
total
12 138
-
5 462
-
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.

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
38 104
12 913
17 890
12 758
After tax
13 396
38 587
33 610
38 742
Living cost
62 592
62 592
62 592
62 592
Free-cash
-49 196
-24 005
-28 982
-23 850

Estimated living cost  is ₽62592 per week

₽46902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27062
₽23090
₽31502
₽22330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 839
income
-
-
-
7 725
pensions

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

-
-
-
4 941
unemployment
-
-
-
134
total
-
-
-
16 639
Employee
16 593
-
44 950
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 457
-
2 931
-
health
763
-
1 536
-
income
1 659
-
4 495
-
total
4 062
-
9 329
-
Employer
16 593
-
44 950
-
pensions

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

1 829
-
3 679
-
health
1 145
-
2 304
-
unemployment
99
-
200
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
total
3 256
-
6 550
-
Corporate
31 651
51 500
-
-
income
3 165
5 150
-
-
total
3 165
5 150
-
-
Dividends
28 486
46 350
-
-
withholding
1 424
2 317
-
-
total
1 424
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 907
7 467
15 879
16 639
After tax
39 593
44 033
35 621
34 861
Living cost
12 531
12 531
12 531
12 531
Free-cash
27 062
31 502
23 090
22 330

Estimated living cost  is ₽12531 per week

₽7316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52574
-₽56316
-₽50953
-₽23492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 904
income
-
-
-
4 847
pensions
-
-
-
9 269
total
-
-
-
22 020
Employee
88 567
81 578
81 578
-
pensions
11 192
11 192
14 684
-
health
11 049
10 650
12 521
-
income

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

13 353
13 353
13 353
-
total
35 594
35 195
40 558
-
Employer
88 567
81 578
81 578
-
pensions
6 164
5 678
5 678
-
health
6 155
5 671
5 671
-
unemployment
3 189
2 937
2 937
-
total
15 508
14 286
14 286
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
51 102
49 481
54 844
22 020
After tax
398
2 019
-3 344
29 480
Living cost
52 972
52 972
52 972
52 972
Free-cash
-52 574
-50 953
-56 316
-23 492

Estimated living cost  is ₽52972 per week

₽39076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and 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 Amsterdam model

Close
Brno , Czech Republic
₽3050
₽2248
₽11571
₽1197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 952
income
-
-
-
4 426
solidarity contribution
-
-
-
-
total
-
-
-
26 416
Employee
35 129
-
38 433
-
solidarity contribution
-
-
-
-
health
4 742
-
5 188
-
social contributions
2 283
-
2 498
-
income
4 215
-
4 612
-
total
11 240
-
12 298
-
Employer
35 129
-
38 433
-
health
3 162
-
3 459
-
social contributions
8 782
-
9 608
-
total
11 944
-
13 067
-
Corporate
4 428
51 500
-
-
income
841
9 785
-
-
total
841
9 785
-
-
Dividends
3 586
41 715
-
-
withholding
538
6 257
-
-
total
538
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 563
16 042
25 365
26 416
After tax
26 937
35 458
26 135
25 084
Living cost
23 887
23 887
23 887
23 887
Free-cash
3 050
11 571
2 248
1 197

Estimated living cost  is ₽23887 per week

₽16593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1699
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.
₽5126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33400
-₽15023
-₽12832
-₽12111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 246
municipal
-
-
-
306
regional
-
-
-
509
national
-
-
-
9 240
total
-
-
-
23 301
Employee
84 900
-
51 500
-
regional
801
-
445
-
municipal
450
-
274
-
national
14 711
-
8 129
-
social contributions
28 628
-
17 365
-
total
44 590
-
26 213
-
Employer
84 900
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 009
-
-
nationa
-
12 360
-
-
total
-
14 369
-
-
Dividends
-
37 131
-
-
withholding
-
9 653
-
-
total
-
9 653
-
-
Income
51 500
51 500
51 500
51 500
Total tax
44 590
24 022
26 213
23 301
After tax
6 910
27 478
25 287
28 199
Living cost
40 310
40 310
40 310
40 310
Free-cash
-33 400
-12 832
-15 023
-12 111

Estimated living cost  is ₽40310 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8339
₽7143
₽11314
₽8312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 656
income
-
-
-
7 561
surtax
-
-
-
372
pensions
-
-
-
10 301
other
-
-
-
-
unemployment
-
-
-
218
total
-
-
-
22 108
Employee
31 591
-
42 545
-
unemployment
2 199
-
2 960
-
pensions
2 107
-
2 837
-
health
807
-
1 086
-
income
5 295
-
7 132
-
other
-
-
-
-
surtax
103
-
306
-
total
10 511
-
14 321
-
Employer
31 591
-
42 545
-
pensions
4 211
-
5 671
-
other
-
-
-
-
health
1 438
-
1 936
-
unemployment
1 001
-
1 349
-
total
6 650
-
8 956
-
Corporate
13 260
51 500
-
-
income
3 448
13 390
-
-
total
3 448
13 390
-
-
Dividends
9 812
38 110
-
-
withholding
1 472
5 716
-
-
total
1 472
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 081
19 106
23 277
22 108
After tax
29 419
32 394
28 223
29 392
Living cost
21 080
21 080
21 080
21 080
Free-cash
8 339
11 314
7 143
8 312

Estimated living cost  is ₽21080 per week

₽12889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15401
-₽9151
-₽4174
-₽4019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 685
pensions
-
-
-
3 073
total
-
-
-
12 758
Employee
59 350
-
46 038
-
pensions
5 037
-
3 440
-
health
862
-
587
-
income
10 689
-
8 401
-
total
16 588
-
12 428
-
Employer
59 350
-
46 038
-
pensions
6 425
-
4 588
-
health
1 127
-
874
-
total
7 552
-
5 462
-
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.

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 140
12 913
17 890
12 758
After tax
27 360
38 587
33 610
38 742
Living cost
42 761
42 761
42 761
42 761
Free-cash
-15 401
-4 174
-9 151
-4 019

Estimated living cost  is ₽42761 per week

₽32037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46545
-₽35474
-₽52944
-₽32699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
250
pensions
-
-
-
4 739
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
-
-
-
1 016
city
-
-
-
540
national
-
-
-
132
total
-
-
-
7 706
Employee
89 516
-
46 017
-
unemployment
-
-
-
-
pensions
7 521
-
3 953
-
regional
2 931
-
855
-
national
424
-
100
-
health
202
-
104
-
city
961
-
493
-
total
12 039
-
5 505
-
Employer
89 516
-
46 017
-
pensions
7 521
-
3 953
-
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.

1 790
-
919
-
health
202
-
104
-
unemployment
-
-
-
-
total
9 513
-
4 976
-
Corporate
-
51 500
-
-
regional
-
10 892
-
-
national
-
4 377
-
-
total
-
15 269
-
-
Dividends
-
36 231
-
-
withholding
-
12 682
-
-
total
-
12 682
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 552
27 951
10 481
7 706
After tax
29 948
23 549
41 019
43 794
Living cost
76 493
76 493
76 493
76 493
Free-cash
-46 545
-52 944
-35 474
-32 699

Estimated living cost  is ₽76493 per week

₽49742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5911
-₽4087
-₽18124
-₽5302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 526
trade
-
-
-
1 215
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.

-
-
-
5 023
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.

-
-
-
276
total
-
-
-
13 040
Employee

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

57 411
-
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.

6 526
-
6 526
-
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.

6 751
-
5 023
-
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.

372
-
276
-
total
13 649
-
11 825
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
7 725
-
-
chamber of commerce
-
218
-
-
surtax

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

-
424
-
-
trade
-
8 832
-
-
total
-
17 199
-
-
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.

-
451
-
-
withholding
-
8 212
-
-
total
-
8 663
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 649
25 862
11 825
13 040
After tax
37 851
25 638
39 675
38 460
Living cost
43 762
43 762
43 762
43 762
Free-cash
-5 911
-18 124
-4 087
-5 302

Estimated living cost  is ₽43762 per week

₽31962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2153
-₽1210
-₽6727
-₽1748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 468
health
-
-
-
446
income
-
-
-
2 137
surtax
-
-
-
-
pensions
-
-
-
14 916
other
-
-
-
1 597
total
-
-
-
20 564
Employee
40 885
-
39 243
-
pensions
4 623
-
4 440
-
social contributions
1 166
-
1 117
-
income
2 413
-
2 213
-
surtax
-
-
-
-
total
8 202
-
7 770
-
Employer
40 885
-
39 243
-
pensions
6 717
-
6 448
-
other
1 410
-
1 354
-
health
2 862
-
2 746
-
unemployment
1 655
-
1 590
-
social contributions
123
-
118
-
total
12 767
-
12 256
-
Corporate
-
51 500
-
-
income
-
14 419
-
-
surtax
-
-
-
-
total
-
14 419
-
-
Dividends
-
37 081
-
-
surtax
-
-
-
-
social contributions
-
6 378
-
-
withholding
-
4 746
-
-
total
-
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 969
25 543
20 026
20 564
After tax
30 531
25 957
31 474
30 936
Living cost
32 684
32 684
32 684
32 684
Free-cash
-2 153
-6 727
-1 210
-1 748

Estimated living cost  is ₽32684 per week

₽20608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
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.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1819
₽2029
-₽3488
₽1491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 468
health
-
-
-
446
income
-
-
-
2 137
surtax
-
-
-
-
pensions
-
-
-
14 916
other
-
-
-
1 597
total
-
-
-
20 564
Employee
36 496
-
39 243
-
pensions
4 128
-
4 440
-
social contributions
1 041
-
1 117
-
income
1 882
-
2 213
-
surtax
-
-
-
-
total
7 051
-
7 770
-
Employer
36 496
-
39 243
-
pensions
5 997
-
6 448
-
other
1 260
-
1 354
-
health
2 554
-
2 746
-
unemployment
1 477
-
1 590
-
social contributions
109
-
118
-
total
11 397
-
12 256
-
Corporate
3 607
51 500
-
-
income
1 010
14 419
-
-
surtax
-
-
-
-
total
1 010
14 419
-
-
Dividends
2 597
37 081
-
-
surtax
-
-
-
-
social contributions
446
6 378
-
-
withholding
332
4 746
-
-
total
778
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 236
25 543
20 026
20 564
After tax
31 264
25 957
31 474
30 936
Living cost
29 445
29 445
29 445
29 445
Free-cash
1 819
-3 488
2 029
1 491

Estimated living cost  is ₽29445 per week

₽17077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11660
₽10744
₽11165
₽12817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 595
income
-
-
-
7 725
total
-
-
-
18 426
Employee
32 390
-
51 500
-
health
2 261
-
3 595
-
social contributions
4 470
-
7 106
-
income
5 402
-
9 798
-
total
12 133
-
20 499
-
Employer
32 390
-
51 500
-
total
-
-
-
-
Corporate
19 110
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%.

955
2 574
-
-
total
955
2 574
-
-
Dividends
18 155
48 926
-
-
health
1 267
3 415
-
-
social contributions
2 505
6 751
-
-
withholding
2 723
7 338
-
-
total
6 495
17 504
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 583
20 078
20 499
18 426
After tax
31 917
31 422
31 001
33 074
Living cost
20 257
20 257
20 257
20 257
Free-cash
11 660
11 165
10 744
12 817

Estimated living cost  is ₽20257 per week

₽13556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11073
-₽13262
-₽4294
-₽4941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 939
surtax
-
-
-
189
income
-
-
-
3 058
chamber of commerce
-
-
-
207
pensions
-
-
-
9 528
unemployment
-
-
-
5 859
total
-
-
-
22 780
Employee
47 741
38 070
39 845
-
unemployment
1 432
1 142
1 195
-
pensions
4 889
3 898
4 081
-
health
1 847
1 474
1 543
-
income
5 435
2 808
3 172
-
other
477
381
399
-
total
14 080
9 703
10 390
-
Employer
47 741
38 070
39 845
-
chamber of commerce
190
152
160
-
pensions
5 991
4 779
5 000
-
other
2 268
1 807
1 893
-
health
1 804
1 439
1 506
-
unemployment
1 432
1 142
1 195
-
accident
620
495
518
-
surtax
189
189
189
-
payroll
1 432
1 142
1 195
-
total
13 926
11 145
11 656
-
Corporate
3 626
3 626
36 220
-
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.

906
906
9 055
-
total
906
906
9 055
-
Dividends
-
1 379
-
-
withholding
-
379
-
-
total
-
379
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 912
22 133
31 101
22 780
After tax
22 588
29 367
20 399
28 720
Living cost
33 661
33 661
33 661
33 661
Free-cash
-11 073
-4 294
-13 262
-4 941

Estimated living cost  is ₽33661 per week

₽22450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2872
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.
₽7786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36724
-₽12501
-₽5789
-₽6643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 656
communal

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

-
-
-
2 750
national
-
-
-
14 906
total
-
-
-
23 312
Employee

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

68 332
-
39 887
-
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.

595
-
346
-
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.

5 125
-
2 991
-
national
21 008
-
10 267
-
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.

3 211
-
1 874
-
communal

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

3 564
-
2 081
-
total
33 503
-
17 559
-
Employer

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

68 332
-
39 887
-
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.

6 055
-
3 533
-
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.

4 202
-
2 453
-
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.

997
-
582
-
accident

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

888
-
518
-
surtax
7 748
-
4 525
-
total
19 890
-
11 611
-
Corporate
-
51 500
-
-
income
-
10 301
-
-
surtax
-
207
-
-
total
-
10 508
-
-
Dividends
-
40 993
-
-
withholding

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

-
11 950
-
-
total
-
11 950
-
-
Income
51 500
51 500
51 500
51 500
Total tax
53 393
22 458
29 170
23 312
After tax
-1 893
29 042
22 330
28 188
Living cost
34 831
34 831
34 831
34 831
Free-cash
-36 724
-5 789
-12 501
-6 643

Estimated living cost  is ₽34831 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
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.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11209
-₽5576
₽301
-₽5974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
464
income
-
-
-
7 524
pensions
-
-
-
14 575
other
-
-
-
51
unemployment
-
-
-
361
total
-
-
-
22 975
Employee
47 552
-
39 049
-
unemployment
738
-
605
-
pensions
2 235
-
1 835
-
income
10 033
-
7 647
-
other
47
-
40
-
total
13 053
-
10 127
-
Employer
47 552
-
39 049
-
pensions
11 221
-
9 216
-
other
379
-
312
-
unemployment
2 616
-
2 148
-
accident
941
-
774
-
total
15 157
-
12 450
-
Corporate
-
51 500
-
-
income

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

-
7 725
-
-
total
-
7 725
-
-
Dividends
-
43 775
-
-
withholding
-
8 975
-
-
total
-
8 975
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 210
16 700
22 577
22 975
After tax
23 290
34 800
28 923
28 525
Living cost
34 499
34 499
34 499
34 499
Free-cash
-11 209
301
-5 576
-5 974

Estimated living cost  is ₽34499 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
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.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29487
-₽16557
-₽19512
-₽17617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
464
health
-
-
-
3 863
income
-
-
-
1 912
surtax
-
-
-
2 725
pensions
-
-
-
8 239
communal
-
-
-
-
total
-
-
-
17 203
Employee
72 343
-
46 003
-
pensions
5 787
-
3 680
-
health
3 220
-
2 047
-
income
6 988
-
2 101
-
surtax
4 434
-
2 819
-
total
20 429
-
10 647
-
Employer
72 343
-
46 003
-
pensions
5 787
-
3 680
-
health
2 206
-
1 403
-
accident
651
-
413
-
total
8 644
-
5 496
-
Corporate
-
51 500
-
-
income
-
7 725
-
-
communal
-
3 477
-
-
surtax
-
540
-
-
total
-
11 742
-
-
Dividends
-
39 758
-
-
income
-
1 392
-
-
withholding
-
5 964
-
-
total
-
7 356
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 073
19 098
16 143
17 203
After tax
22 427
32 402
35 357
34 297
Living cost
51 914
51 914
51 914
51 914
Free-cash
-29 487
-19 512
-16 557
-17 617

Estimated living cost  is ₽51914 per week

₽38943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7898
₽6766
₽10937
₽7935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 656
income
-
-
-
7 561
surtax
-
-
-
372
pensions
-
-
-
10 301
other
-
-
-
-
unemployment
-
-
-
218
total
-
-
-
22 108
Employee
32 171
-
42 545
-
unemployment
2 239
-
2 960
-
pensions
2 146
-
2 837
-
health
821
-
1 086
-
income
5 393
-
7 132
-
other
-
-
-
-
surtax
114
-
306
-
total
10 713
-
14 321
-
Employer
32 171
-
42 545
-
pensions
4 289
-
5 671
-
other
-
-
-
-
health
1 463
-
1 936
-
unemployment
1 021
-
1 349
-
total
6 773
-
8 956
-
Corporate
12 556
51 500
-
-
income
3 265
13 390
-
-
total
3 265
13 390
-
-
Dividends
9 292
38 110
-
-
withholding
1 394
5 716
-
-
total
1 394
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 145
19 106
23 277
22 108
After tax
29 355
32 394
28 223
29 392
Living cost
21 457
21 457
21 457
21 457
Free-cash
7 898
10 937
6 766
7 935

Estimated living cost  is ₽21457 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
-₽1491
-₽694
₽1337
₽2198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 246
municipal
-
-
-
306
regional
-
-
-
777
national
-
-
-
9 240
total
-
-
-
23 569
Employee
52 991
-
51 500
-
regional
713
-
693
-
municipal
281
-
274
-
national
8 395
-
8 129
-
social contributions
17 869
-
17 365
-
total
27 258
-
26 461
-
Employer
52 991
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 560
-
-
nationa
-
12 360
-
-
total
-
14 920
-
-
Dividends
-
36 580
-
-
withholding
-
9 510
-
-
total
-
9 510
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 258
24 430
26 461
23 569
After tax
24 242
27 070
25 039
27 931
Living cost
25 733
25 733
25 733
25 733
Free-cash
-1 491
1 337
-694
2 198

Estimated living cost  is ₽25733 per week

₽16004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6506
-₽3301
₽6022
-₽4352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 952
income
-
-
-
4 426
solidarity contribution
-
-
-
-
total
-
-
-
26 416
Employee
43 288
-
38 433
-
solidarity contribution
-
-
-
-
health
5 844
-
5 188
-
social contributions
2 814
-
2 498
-
income
5 194
-
4 612
-
total
13 852
-
12 298
-
Employer
43 288
-
38 433
-
health
3 896
-
3 459
-
social contributions
10 822
-
9 608
-
total
14 718
-
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
28 570
16 042
25 365
26 416
After tax
22 930
35 458
26 135
25 084
Living cost
29 436
29 436
29 436
29 436
Free-cash
-6 506
6 022
-3 301
-4 352

Estimated living cost  is ₽29436 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3182
-₽10032
-₽973
-₽1568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 939
surtax
-
-
-
-
income
-
-
-
3 058
chamber of commerce
-
-
-
207
pensions
-
-
-
9 528
unemployment
-
-
-
5 859
total
-
-
-
22 591
Employee
41 758
38 070
39 988
-
unemployment
1 253
1 142
1 200
-
pensions
4 276
3 898
4 095
-
health
1 615
1 474
1 548
-
income
3 720
2 808
3 212
-
other
417
381
401
-
total
11 281
9 703
10 456
-
Employer
41 758
38 070
39 988
-
chamber of commerce
167
152
160
-
pensions
5 241
4 779
5 018
-
other
1 983
1 807
1 898
-
health
1 579
1 439
1 512
-
unemployment
1 253
1 142
1 200
-
accident
542
495
520
-
surtax
-
-
-
-
payroll
1 253
1 142
1 200
-
total
12 018
10 956
11 508
-
Corporate
3 626
3 626
36 366
-
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.

906
906
9 091
-
total
906
906
9 091
-
Dividends
-
1 567
-
-
withholding
-
431
-
-
total
-
431
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 205
21 996
31 055
22 591
After tax
27 295
29 504
20 445
28 909
Living cost
30 477
30 477
30 477
30 477
Free-cash
-3 182
-973
-10 032
-1 568

Estimated living cost  is ₽30477 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34357
₽28932
₽36657
₽38717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 335
-
51 500
-
income
3 067
-
10 300
-
total
3 067
-
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%.

36 165
51 500
-
-
total
-
-
-
-
Dividends
36 165
51 500
-
-
withholding
1 808
2 575
-
-
total
1 808
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 875
2 575
10 300
515
After tax
46 625
48 925
41 200
50 985
Living cost
12 268
12 268
12 268
12 268
Free-cash
34 357
36 657
28 932
38 717

Estimated living cost  is ₽12268 per week

₽8302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1844
₽1319
₽9833
₽2949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 069
income
-
-
-
8 376
pensions
-
-
-
9 405
unemployment
-
-
-
78
total
-
-
-
22 928
Employee

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

42 243
-
44 560
-
unemployment
60
-
62
-
pensions
6 548
-
6 907
-
health
2 728
-
2 879
-
income
7 285
-
7 772
-
total
16 621
-
17 620
-
Employer

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

42 243
-
44 560
-
pensions
3 738
-
3 943
-
health
2 814
-
2 968
-
unemployment
25
-
27
-
total
6 577
-
6 938
-
Corporate
2 680
51 500
-
-
income
509
9 786
-
-
total
509
9 786
-
-
Dividends
2 171
41 714
-
-
withholding
326
6 258
-
-
total
326
6 258
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 033
16 044
24 558
22 928
After tax
27 467
35 456
26 942
28 572
Living cost
25 623
25 623
25 623
25 623
Free-cash
1 844
9 833
1 319
2 949

Estimated living cost  is ₽25623 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
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.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91599
-₽2537
-₽10078
-₽5820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
5 871
income
-
-
-
10 038
total
-
-
-
15 909
Employee
59 377
-
-
-
social contributions
4 869
-
694
-
income
13 097
-
-
-
total
17 966
-
694
-
Employer
59 377
-
-
-
social contributions
83 722
-
11 932
-
total
83 722
-
11 932
-
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
101 688
20 167
12 626
15 909
After tax
-50 188
31 333
38 874
35 591
Living cost
41 411
41 411
41 411
41 411
Free-cash
-91 599
-10 078
-2 537
-5 820

Estimated living cost  is ₽41411 per week

₽26869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
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.
₽10119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2871
-₽1342
-₽671
-₽108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
17 896
income
-
-
-
3 748
surtax
-
-
-
-
total
-
-
-
21 644
Employee
43 936
-
41 616
-
social contributions
4 833
-
4 577
-
income
9 139
-
8 417
-
surtax
-
-
-
-
total
13 972
-
12 994
-
Employer
43 936
-
41 616
-
social contributions
10 435
-
9 884
-
total
10 435
-
9 884
-
Corporate
-
51 500
-
-
income
-
10 815
-
-
surtax
-
-
-
-
total
-
10 815
-
-
Dividends
-
40 685
-
-
withholding
-
11 392
-
-
total
-
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 407
22 207
22 878
21 644
After tax
27 093
29 293
28 622
29 856
Living cost
29 964
29 964
29 964
29 964
Free-cash
-2 871
-671
-1 342
-108

Estimated living cost  is ₽29964 per week

₽22419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27017
-₽14665
-₽20182
-₽15203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 468
health
-
-
-
446
income
-
-
-
2 137
surtax
-
-
-
-
pensions
-
-
-
14 916
other
-
-
-
1 597
total
-
-
-
20 564
Employee
59 832
-
39 243
-
pensions
6 767
-
4 440
-
social contributions
1 704
-
1 117
-
income
5 220
-
2 213
-
surtax
-
-
-
-
total
13 691
-
7 770
-
Employer
59 832
-
39 243
-
pensions
9 831
-
6 448
-
other
2 065
-
1 354
-
health
4 188
-
2 746
-
unemployment
2 424
-
1 590
-
social contributions
179
-
118
-
total
18 687
-
12 256
-
Corporate
-
51 500
-
-
income
-
14 419
-
-
surtax
-
-
-
-
total
-
14 419
-
-
Dividends
-
37 081
-
-
surtax
-
-
-
-
social contributions
-
6 378
-
-
withholding
-
4 746
-
-
total
-
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
32 378
25 543
20 026
20 564
After tax
19 122
25 957
31 474
30 936
Living cost
46 139
46 139
46 139
46 139
Free-cash
-27 017
-20 182
-14 665
-15 203

Estimated living cost  is ₽46139 per week

₽31226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14424
₽12973
₽17634
₽11454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 712
-
44 588
-
social contributions
1 996
-
2 899
-
income
-
-
-
-
total
1 996
-
2 899
-
Employer
30 712
-
44 588
-
social contributions
4 761
-
6 912
-
total
4 761
-
6 912
-
Corporate
16 028
51 500
-
-
income
1 603
5 150
-
-
total
1 603
5 150
-
-
Dividends
14 425
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 360
5 150
9 811
11 330
After tax
43 140
46 350
41 689
40 170
Living cost
28 716
28 716
28 716
28 716
Free-cash
14 424
17 634
12 973
11 454

Estimated living cost  is ₽28716 per week

₽18567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽156431
-₽156431
-₽156431
-₽12320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 185
pensions
-
-
-
827
labour market
-
-
-
4 054
national
-
-
-
4 792
total
-
-
-
17 858
Employee
193 993
193 993
193 993
-
pensions
276
276
276
-
municipal
41 310
41 310
41 310
-
national
23 700
23 700
23 700
-
labour market
15 497
15 497
15 497
-
total
80 783
80 783
80 783
-
Employer
193 993
193 993
193 993
-
municipal
41 375
41 375
41 375
-
pensions
551
551
551
-
national
23 741
23 741
23 741
-
labour market
15 519
15 519
15 519
-
total
81 186
81 186
81 186
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
161 969
161 969
161 969
17 858
After tax
-110 469
-110 469
-110 469
33 642
Living cost
45 962
45 962
45 962
45 962
Free-cash
-156 431
-156 431
-156 431
-12 320

Estimated living cost  is ₽45962 per week

₽31457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽707
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽931
₽6078
-₽16948
₽14520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
health
-
-
-
2 125
income
-
-
-
9 075
pensions
-
-
-
4 054
other
-
-
-
361
total
-
-
-
15 861
Employee
33 222
-
42 781
-
pensions
3 741
-
4 817
-
health
3 804
-
4 899
-
income
4 558
-
5 869
-
total
12 103
-
15 585
-
Employer
33 222
-
42 781
-
pensions
5 402
-
6 956
-
unemployment
814
-
1 048
-
accident
555
-
714
-
total
6 771
-
8 718
-
Corporate
11 508
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.

10 357
46 350
-
-
total
10 357
46 350
-
-
Dividends
1 151
5 150
-
-
withholding
219
979
-
-
total
219
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 450
47 329
24 303
15 861
After tax
22 050
4 171
27 197
35 639
Living cost
21 119
21 119
21 119
21 119
Free-cash
931
-16 948
6 078
14 520

Estimated living cost  is ₽21119 per week

₽15372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8242
-₽4753
-₽1039
₽3714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
395
municipal
-
-
-
9 198
national
-
-
-
1 517
total
-
-
-
11 110
Employee
50 260
-
43 324
-
unemployment
754
-
649
-
pensions
3 392
-
2 924
-
municipal
8 232
-
7 106
-
national
830
-
455
-
health
375
-
268
-
total
13 583
-
11 402
-
Employer
50 260
-
43 324
-
pensions
8 720
-
7 516
-
health
386
-
334
-
unemployment
326
-
281
-
accident
51
-
44
-
total
9 483
-
8 175
-
Corporate
-
51 500
-
-
income
-
10 301
-
-
total
-
10 301
-
-
Dividends

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

-
30 900
-
-
national
-
-
-
-
municipal
-
5 562
-
-
total
-
5 562
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 066
15 863
19 577
11 110
After tax
28 434
35 637
31 923
40 390
Living cost
36 676
36 676
36 676
36 676
Free-cash
-8 242
-1 039
-4 753
3 714

Estimated living cost  is ₽36676 per week

₽23957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10635
₽12362
₽7779
₽18675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 035
health
-
-
-
1 312
income
-
-
-
1 360
total
-
-
-
10 707
Employee
73 457
73 457
73 457
-
health
569
1 249
794
-
social contributions
2 777
6 097
3 881
-
income
7 998
6 800
7 599
-
total
11 344
14 146
12 274
-
Employer
73 457
73 457
73 457
-
health
618
1 360
865
-
social contributions
2 777
6 097
3 881
-
total
3 395
7 457
4 746
-
Corporate
14 642
-
-
-
income
1 831
-
-
-
total
1 831
-
-
-
Dividends
12 811
-
-
-
withholding
2 177
-
-
-
total
2 177
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 747
21 603
17 020
10 707
After tax
32 753
29 897
34 480
40 793
Living cost
22 118
22 118
22 118
22 118
Free-cash
10 635
7 779
12 362
18 675

Estimated living cost  is ₽22118 per week

₽13255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22620
₽16754
₽27480
₽22497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 457
income
-
-
-
4 275
pensions
-
-
-
6 077
unemployment
-
-
-
27
total
-
-
-
13 836
Employee

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

21 927
-
46 689
-
unemployment
109
-
234
-
pensions
3 288
-
7 003
-
health
1 864
-
3 968
-
income
1 499
-
3 566
-
total
6 760
-
14 771
-
Employer

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

21 927
-
46 689
-
pensions
1 206
-
2 567
-
health
943
-
2 007
-
unemployment
109
-
234
-
total
2 258
-
4 808
-
Corporate
27 316
51 500
-
-
income
2 458
4 635
-
-
total
2 458
4 635
-
-
Dividends
24 858
46 865
-
-
withholding
2 237
4 218
-
-
total
2 237
4 218
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 713
8 853
19 579
13 836
After tax
37 787
42 647
31 921
37 664
Living cost
15 167
15 167
15 167
15 167
Free-cash
22 620
27 480
16 754
22 497

Estimated living cost  is ₽15167 per week

₽9677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3386
₽2654
₽8531
₽2256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
464
income
-
-
-
7 524
pensions
-
-
-
14 575
other
-
-
-
51
unemployment
-
-
-
361
total
-
-
-
22 975
Employee
35 323
-
39 049
-
unemployment
547
-
605
-
pensions
1 661
-
1 835
-
income
6 810
-
7 647
-
other
34
-
40
-
total
9 052
-
10 127
-
Employer
35 323
-
39 049
-
pensions
8 335
-
9 216
-
other
283
-
312
-
unemployment
1 943
-
2 148
-
accident
700
-
774
-
total
11 261
-
12 450
-
Corporate
4 916
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.

738
7 725
-
-
total
738
7 725
-
-
Dividends
4 178
43 775
-
-
withholding
794
8 975
-
-
total
794
8 975
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 845
16 700
22 577
22 975
After tax
29 655
34 800
28 923
28 525
Living cost
26 269
26 269
26 269
26 269
Free-cash
3 386
8 531
2 654
2 256

Estimated living cost  is ₽26269 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29982
₽30408
₽30286
₽30538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
978
income
-
-
-
16 784
pensions
-
-
-
1 350
total
-
-
-
19 112
Employee
2 818
-
49 982
-
unemployment
28
-
67
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
16 713
-
total
968
-
17 724
-
Employer
2 818
-
49 982
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
48 048
51 500
-
-
income
10 571
11 330
-
-
total
10 571
11 330
-
-
Dividends
37 477
40 170
-
-
withholding
7 495
8 034
-
-
total
7 495
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 668
19 364
19 242
19 112
After tax
31 832
32 136
32 258
32 388
Living cost
1 850
1 850
1 850
1 850
Free-cash
29 982
30 286
30 408
30 538

Estimated living cost  is ₽1850 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15987
₽11274
₽20688
₽9059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 304
income
-
-
-
6 453
pensions
-
-
-
13 390
unemployment
-
-
-
773
total
-
-
-
25 920
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.

24 913
-
43 681
-
unemployment
187
-
328
-
pensions
3 488
-
6 115
-
health
1 283
-
2 250
-
income
3 434
-
7 192
-
total
8 392
-
15 885
-
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.

24 913
-
43 681
-
pensions
2 990
-
5 242
-
health
1 283
-
2 250
-
unemployment
187
-
328
-
total
4 460
-
7 820
-
Corporate
22 128
51 500
-
-
income
3 319
7 725
-
-
total
3 319
7 725
-
-
Dividends
18 808
43 775
-
-
withholding
2 821
6 566
-
-
total
2 821
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 992
14 291
23 705
25 920
After tax
32 508
37 209
27 795
25 580
Living cost
16 521
16 521
16 521
16 521
Free-cash
15 987
20 688
11 274
9 059

Estimated living cost  is ₽16521 per week

₽11124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3195
₽2868
₽3539
₽4102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
17 896
income
-
-
-
3 748
surtax
-
-
-
-
total
-
-
-
21 644
Employee
37 077
-
41 616
-
social contributions
4 079
-
4 577
-
income
7 245
-
8 417
-
surtax
-
-
-
-
total
11 324
-
12 994
-
Employer
37 077
-
41 616
-
social contributions
8 805
-
9 884
-
total
8 805
-
9 884
-
Corporate
5 618
51 500
-
-
income
1 180
10 815
-
-
surtax
-
-
-
-
total
1 180
10 815
-
-
Dividends
4 438
40 685
-
-
withholding
1 242
11 392
-
-
total
1 242
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 551
22 207
22 878
21 644
After tax
28 949
29 293
28 622
29 856
Living cost
25 754
25 754
25 754
25 754
Free-cash
3 195
3 539
2 868
4 102

Estimated living cost  is ₽25754 per week

₽18241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9346
-₽4650
₽1227
-₽5048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
464
income
-
-
-
7 524
pensions
-
-
-
14 575
other
-
-
-
51
unemployment
-
-
-
361
total
-
-
-
22 975
Employee
46 136
-
39 049
-
unemployment
714
-
605
-
pensions
2 168
-
1 835
-
income
9 636
-
7 647
-
other
45
-
40
-
total
12 563
-
10 127
-
Employer
46 136
-
39 049
-
pensions
10 888
-
9 216
-
other
370
-
312
-
unemployment
2 538
-
2 148
-
accident
914
-
774
-
total
14 710
-
12 450
-
Corporate
-
51 500
-
-
income

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

-
7 725
-
-
total
-
7 725
-
-
Dividends
-
43 775
-
-
withholding
-
8 975
-
-
total
-
8 975
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 273
16 700
22 577
22 975
After tax
24 227
34 800
28 923
28 525
Living cost
33 573
33 573
33 573
33 573
Free-cash
-9 346
1 227
-4 650
-5 048

Estimated living cost  is ₽33573 per week

₽24111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21768
₽19180
₽27592
₽18420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 839
income
-
-
-
7 725
pensions

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

-
-
-
4 941
unemployment
-
-
-
134
total
-
-
-
16 639
Employee
21 771
-
44 950
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 911
-
2 931
-
health
1 002
-
1 536
-
income
2 177
-
4 495
-
total
5 329
-
9 329
-
Employer
21 771
-
44 950
-
pensions

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

2 399
-
3 679
-
health
1 502
-
2 304
-
unemployment
131
-
200
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
total
4 271
-
6 550
-
Corporate
25 458
51 500
-
-
income
2 546
5 150
-
-
total
2 546
5 150
-
-
Dividends
22 912
46 350
-
-
withholding
1 145
2 317
-
-
total
1 145
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 291
7 467
15 879
16 639
After tax
38 209
44 033
35 621
34 861
Living cost
16 441
16 441
16 441
16 441
Free-cash
21 768
27 592
19 180
18 420

Estimated living cost  is ₽16441 per week

₽10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2314
₽2794
-₽10184
₽1777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 526
trade
-
-
-
1 017
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.

-
-
-
5 023
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.

-
-
-
276
total
-
-
-
12 842
Employee

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

47 532
-
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.

6 526
-
6 526
-
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.

3 908
-
5 023
-
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.

216
-
276
-
total
10 650
-
11 825
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 968
51 500
-
-
income
595
7 725
-
-
chamber of commerce
150
221
-
-
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.

33
424
-
-
trade
569
7 391
-
-
total
1 347
15 761
-
-
Dividends
2 622
35 739
-
-
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.

16
471
-
-
withholding
292
8 571
-
-
total
308
9 042
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 305
24 803
11 825
12 842
After tax
39 195
26 697
39 675
38 658
Living cost
36 881
36 881
36 881
36 881
Free-cash
2 314
-10 184
2 794
1 777

Estimated living cost  is ₽36881 per week

₽25441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23225
-₽13877
-₽18366
-₽13877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 651
income
-
-
-
7 309
total
-
-
-
10 960
Employee
74 725
-
51 500
-
social contributions
6 208
-
3 651
-
income
14 100
-
7 309
-
total
20 308
-
10 960
-
Employer
74 725
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
6 437
-
-
total
-
6 437
-
-
Dividends
-
45 063
-
-
withholding
-
9 012
-
-
total
-
9 012
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 308
15 449
10 960
10 960
After tax
31 192
36 051
40 540
40 540
Living cost
54 417
54 417
54 417
54 417
Free-cash
-23 225
-18 366
-13 877
-13 877

Estimated living cost  is ₽54417 per week

₽41400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽715
₽2461
-₽6224
-₽16251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
51 500
income
-
-
-
27 193
health

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

-
-
-
5 881
total
-
-
-
33 074
Employee
43 823
-
47 106
-
social contributions
4 391
-
4 394
-
income
4 755
-
5 574
-
total
9 146
-
9 968
-
Employer
43 823
-
47 106
-
social contributions
4 391
-
4 394
-
total
4 391
-
4 394
-
Corporate
3 286
51 500
-
-
income
1 149
18 025
-
-
total
1 149
18 025
-
-
Dividends
2 137
33 475
-
-
social contributions
2 852
5 022
-
-
total
2 852
5 022
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 538
23 047
14 362
33 074
After tax
33 962
28 453
37 138
18 426
Living cost
34 677
34 677
34 677
34 677
Free-cash
-715
-6 224
2 461
-16 251

Estimated living cost  is ₽34677 per week

₽22842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1946
-₽1154
₽3823
₽3978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 685
pensions
-
-
-
3 073
total
-
-
-
12 758
Employee
47 718
-
46 038
-
pensions
3 642
-
3 440
-
health
622
-
587
-
income
8 690
-
8 401
-
total
12 954
-
12 428
-
Employer
47 718
-
46 038
-
pensions
4 821
-
4 588
-
health
907
-
874
-
total
5 728
-
5 462
-
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.

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 682
12 913
17 890
12 758
After tax
32 818
38 587
33 610
38 742
Living cost
34 764
34 764
34 764
34 764
Free-cash
-1 946
3 823
-1 154
3 978

Estimated living cost  is ₽34764 per week

₽23848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽613
₽3987
-₽19039
₽12429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
246
health
-
-
-
2 125
income
-
-
-
9 075
pensions
-
-
-
4 054
other
-
-
-
361
total
-
-
-
15 861
Employee
36 510
-
42 781
-
pensions
4 111
-
4 817
-
health
4 180
-
4 899
-
income
5 009
-
5 869
-
total
13 300
-
15 585
-
Employer
36 510
-
42 781
-
pensions
5 936
-
6 956
-
unemployment
894
-
1 048
-
accident
610
-
714
-
total
7 440
-
8 718
-
Corporate
7 549
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.

6 794
46 350
-
-
total
6 794
46 350
-
-
Dividends
755
5 150
-
-
withholding
143
979
-
-
total
143
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 677
47 329
24 303
15 861
After tax
23 823
4 171
27 197
35 639
Living cost
23 210
23 210
23 210
23 210
Free-cash
613
-19 039
3 987
12 429

Estimated living cost  is ₽23210 per week

₽17034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26210
₽17698
₽30859
₽17698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 723
health insurance
-
-
-
3 811
pensions
-
-
-
9 476
unemployment
-
-
-
618
work injury
-
-
-
258
total
-
-
-
20 886
Employee

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

20 665
-
51 500
-
unemployment
248
-
618
-
pensions
3 802
-
9 476
-
work injury
103
-
258
-
income
2 067
-
6 723
-
health insurance
1 529
-
3 811
-
total
7 749
-
20 886
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 835
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
30 835
51 500
-
-
withholding
4 625
7 725
-
-
total
4 625
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 374
7 725
20 886
20 886
After tax
39 126
43 775
30 614
30 614
Living cost
12 916
12 916
12 916
12 916
Free-cash
26 210
30 859
17 698
17 698

Estimated living cost  is ₽12916 per week

₽8002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Rome , Italy
-₽28999
-₽13017
-₽10930
-₽10159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 246
municipal
-
-
-
344
regional
-
-
-
773
national
-
-
-
9 240
total
-
-
-
23 603
Employee
80 499
-
51 500
-
regional
1 215
-
661
-
municipal
480
-
306
-
national
13 604
-
8 129
-
social contributions
27 144
-
17 365
-
total
42 443
-
26 461
-
Employer
80 499
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 482
-
-
nationa
-
12 360
-
-
total
-
14 842
-
-
Dividends
-
36 658
-
-
withholding
-
9 532
-
-
total
-
9 532
-
-
Income
51 500
51 500
51 500
51 500
Total tax
42 443
24 374
26 461
23 603
After tax
9 057
27 126
25 039
27 897
Living cost
38 056
38 056
38 056
38 056
Free-cash
-28 999
-10 930
-13 017
-10 159

Estimated living cost  is ₽38056 per week

₽26732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
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.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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