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
₽8567
-₽1554
₽11806
₽10393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
1 413
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.

-
-
-
5 439
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.

-
-
-
6 249
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.

-
-
-
299
total
-
-
-
13 400
Employee

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

34 987
-
51 500
-
surtax

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

54
-
299
-
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.

6 249
-
6 249
-
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.

977
-
5 439
-
total
7 280
-
11 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 513
51 500
-
-
trade
2 600
8 112
-
-
income
2 477
7 725
-
-
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.

135
425
-
-
chamber of commerce
163
214
-
-
total
5 375
16 476
-
-
Dividends
11 137
35 025
-
-
withholding
2 437
8 409
-
-
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.

134
462
-
-
total
2 571
8 871
-
-
Income
51 500
51 500
51 500
51 500
Total tax
15 226
25 347
11 987
13 400
After tax
36 274
26 153
39 513
38 100
Living cost
27 707
27 707
27 707
27 707
Free-cash
8 567
-1 554
11 806
10 393

Estimated living cost  is ₽27707 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28727
-₽15311
-₽14614
-₽15018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 180
municipal
-
-
-
4 839
national
-
-
-
7 498
total
-
-
-
19 071
Employee
73 551
-
44 521
-
national
14 078
-
7 807
-
municipal
9 085
-
5 038
-
pensions
2 942
-
1 781
-
total
26 105
-
14 626
-
Employer
73 551
-
44 521
-
pensions
5 884
-
3 562
-
social contributions
791
-
479
-
total
6 675
-
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
32 780
19 364
18 667
19 071
After tax
18 720
32 136
32 833
32 429
Living cost
47 447
47 447
47 447
47 447
Free-cash
-28 727
-15 311
-14 614
-15 018

Estimated living cost  is ₽47447 per week

₽32249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14666
₽22168
₽10453
₽21864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 880
income
-
-
-
-
microenterprise
-
-
-
7 725
surtax
-
-
-
-
total
-
-
-
10 605
Employee
26 729
-
41 501
-
surtax
-
-
-
-
social contributions

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

2 941
-
4 565
-
income
4 758
-
7 454
-
total
7 699
-
12 019
-
Employer
26 729
-
41 501
-
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.

6 438
-
9 997
-
surtax
-
-
-
-
total
6 438
-
9 997
-
Corporate
18 332
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%.

3 666
10 301
-
-
total
3 666
10 301
-
-
Dividends

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

14 666
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 803
10 301
22 016
10 605
After tax
33 697
41 199
29 484
40 895
Living cost
19 031
19 031
19 031
19 031
Free-cash
14 666
22 168
10 453
21 864

Estimated living cost  is ₽19031 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39336
-₽34200
-₽39336
-₽8863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
4 868
pensions
-
-
-
9 270
health
-
-
-
7 905
total
-
-
-
22 043
Employee
78 116
78 116
78 116
-
health
11 990
10 198
11 990
-
pensions
14 061
10 717
14 061
-
income

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

12 786
12 786
12 786
-
total
38 837
33 701
38 837
-
Employer
78 116
78 116
78 116
-
pensions
5 437
5 437
5 437
-
unemployment
2 812
2 812
2 812
-
health
5 430
5 430
5 430
-
total
13 679
13 679
13 679
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
52 516
47 380
52 516
22 043
After tax
-1 016
4 120
-1 016
29 457
Living cost
38 320
38 320
38 320
38 320
Free-cash
-39 336
-34 200
-39 336
-8 863

Estimated living cost  is ₽38320 per week

₽27156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20520
-₽10340
-₽10958
-₽12787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
5 984
unemployment
-
-
-
52
pensions
-
-
-
5 567
municipal
-
-
-
10 908
accident
-
-
-
103
national
-
-
-
-
health
-
-
-
3 214
total
-
-
-
25 828
Employee
54 801
-
39 187
-
national
-
-
-
-
municipal
16 342
-
11 686
-
total
16 342
-
11 686
-
Employer
54 801
-
39 187
-
other
6 368
-
4 554
-
accident
110
-
78
-
pensions
5 924
-
4 236
-
unemployment
1 447
-
1 035
-
health
3 370
-
2 410
-
total
17 219
-
12 313
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
withholding
-
12 051
-
-
total
-
12 051
-
-
Income
51 500
51 500
51 500
51 500
Total tax
33 561
23 381
23 999
25 828
After tax
17 939
28 119
27 501
25 672
Living cost
38 459
38 459
38 459
38 459
Free-cash
-20 520
-10 340
-10 958
-12 787

Estimated living cost  is ₽38459 per week

₽25489
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.
₽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.
₽8612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2809
-₽10044
₽3578
₽2102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
1 476
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.

-
-
-
5 439
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.

-
-
-
6 249
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.

-
-
-
299
total
-
-
-
13 463
Employee

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

46 389
-
51 500
-
surtax

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

219
-
299
-
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.

6 249
-
6 249
-
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.

3 986
-
5 439
-
total
10 454
-
11 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 111
51 500
-
-
trade
840
8 471
-
-
income
767
7 725
-
-
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.

42
425
-
-
chamber of commerce
146
212
-
-
total
1 795
16 833
-
-
Dividends
3 316
34 667
-
-
withholding
481
8 318
-
-
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.

26
458
-
-
total
507
8 776
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 756
25 609
11 987
13 463
After tax
38 744
25 891
39 513
38 037
Living cost
35 935
35 935
35 935
35 935
Free-cash
2 809
-10 044
3 578
2 102

Estimated living cost  is ₽35935 per week

₽24034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4462
₽1145
₽5193
₽10821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
8 034
income
-
-
-
1 661
health
-
-
-
1 314
total
-
-
-
11 009
Employee
70 340
70 340
70 340
-
health
700
1 196
795
-
social contributions
3 418
5 838
3 880
-
income
7 386
6 511
7 218
-
total
11 504
13 545
11 893
-
Employer
70 340
70 340
70 340
-
social contributions
3 418
5 838
3 880
-
health
762
1 302
864
-
total
4 180
7 140
4 744
-
Corporate
6 146
-
-
-
income
769
-
-
-
total
769
-
-
-
Dividends
5 377
-
-
-
withholding
915
-
-
-
total
915
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 368
20 685
16 637
11 009
After tax
34 132
30 815
34 863
40 491
Living cost
29 670
29 670
29 670
29 670
Free-cash
4 462
1 145
5 193
10 821

Estimated living cost  is ₽29670 per week

₽20282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12540
₽12187
₽12874
₽18696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
773
income
-
-
-
6 296
pensions
-
-
-
5 150
health
-
-
-
3 605
total
-
-
-
15 824
Employee

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

The minimum wage is 138,000 HUF per month.

24 510
9 755
43 096
-
unemployment
368
146
646
-
health
1 716
683
3 017
-
pensions
2 451
975
4 310
-
income
2 996
1 193
5 269
-
total
7 531
2 997
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.

24 510
9 755
43 096
-
pensions
4 780
1 902
8 404
-
total
4 780
1 902
8 404
-
Corporate
22 210
39 843
-
-
income
1 999
3 586
-
-
total
1 999
3 586
-
-
Dividends
20 211
36 257
-
-
withholding
3 840
6 889
-
-
social contributions
3 830
6 959
-
-
total
7 670
13 848
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 980
22 333
21 646
15 824
After tax
29 520
29 167
29 854
35 676
Living cost
16 980
16 980
16 980
16 980
Free-cash
12 540
12 187
12 874
18 696

Estimated living cost  is ₽16980 per week

₽11587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13422
₽19104
₽8328
₽6535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
5 874
pensions
-
-
-
10 301
health
-
-
-
6 695
total
-
-
-
22 870
Employee
25 950
-
38 489
-
unemployment
415
-
616
-
pensions
519
-
769
-
income
2 922
-
6 683
-
total
3 856
-
8 068
-
Employer
25 950
-
38 489
-
pensions
5 190
-
7 699
-
unemployment
208
-
307
-
health
3 373
-
5 003
-
total
8 771
-
13 009
-
Corporate
16 779
51 500
-
-
income
3 356
10 301
-
-
total
3 356
10 301
-
-
Dividends
13 423
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
15 983
10 301
21 077
22 870
After tax
35 517
41 199
30 423
28 630
Living cost
22 094
22 094
22 094
22 094
Free-cash
13 422
19 104
8 328
6 535

Estimated living cost  is ₽22094 per week

₽15154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1023
-₽16352
₽6672
₽15086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
346
income
-
-
-
9 391
pensions
-
-
-
3 882
accident
-
-
-
236
health
-
-
-
2 035
total
-
-
-
15 890
Employee
32 285
-
42 781
-
health
3 697
-
4 899
-
pensions
3 635
-
4 817
-
income
4 429
-
5 869
-
total
11 761
-
15 585
-
Employer
32 285
-
42 781
-
accident
539
-
715
-
pensions
5 250
-
6 956
-
unemployment
791
-
1 048
-
total
6 580
-
8 719
-
Corporate
12 635
51 500
-
-
income

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

11 372
46 350
-
-
total
11 372
46 350
-
-
Dividends
1 263
5 150
-
-
withholding
240
978
-
-
total
240
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 953
47 328
24 304
15 890
After tax
21 547
4 172
27 196
35 610
Living cost
20 524
20 524
20 524
20 524
Free-cash
1 023
-16 352
6 672
15 086

Estimated living cost  is ₽20524 per week

₽15042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39942
₽41361
₽33636
₽43421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 455
-
51 500
-
income
1 891
-
10 300
-
total
1 891
-
10 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

42 045
51 500
-
-
total
-
-
-
-
Dividends
42 045
51 500
-
-
withholding
2 103
2 575
-
-
total
2 103
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
3 994
2 575
10 300
515
After tax
47 506
48 925
41 200
50 985
Living cost
7 564
7 564
7 564
7 564
Free-cash
39 942
41 361
33 636
43 421

Estimated living cost  is ₽7564 per week

₽4688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7284
₽13462
₽5814
₽3514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
2 446
income
-
-
-
6 541
pensions

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

-
-
-
12 360
health
-
-
-
2 265
total
-
-
-
23 612
Employee
33 213
-
41 131
-
unemployment
332
-
411
-
health
465
-
576
-
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.

2 324
-
2 880
-
income
5 718
-
7 081
-
total
8 839
-
10 948
-
Employer
33 213
-
41 131
-
other
1 661
-
2 055
-
accident
266
-
330
-
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.

5 647
-
6 992
-
unemployment
332
-
411
-
health
465
-
576
-
total
8 371
-
10 364
-
Corporate
9 916
51 500
-
-
income
2 083
10 815
-
-
total
2 083
10 815
-
-
Dividends
7 833
40 685
-
-
withholding
549
2 849
-
-
total
549
2 849
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 842
13 664
21 312
23 612
After tax
31 658
37 836
30 188
27 888
Living cost
24 374
24 374
24 374
24 374
Free-cash
7 284
13 462
5 814
3 514

Estimated living cost  is ₽24374 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1646
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.
₽5114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽46282
-₽22193
-₽27261
-₽22075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 677
pensions
-
-
-
3 118
total
-
-
-
12 795
Employee
85 995
-
45 992
-
health
1 417
-
596
-
pensions
8 296
-
3 497
-
income
15 502
-
8 380
-
total
25 215
-
12 473
-
Employer
85 995
-
45 992
-
pensions
10 154
-
4 633
-
health
1 633
-
875
-
total
11 787
-
5 508
-
Corporate
-
51 500
-
-
income

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

-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
37 002
12 913
17 981
12 795
After tax
14 498
38 587
33 519
38 705
Living cost
60 780
60 780
60 780
60 780
Free-cash
-46 282
-22 193
-27 261
-22 075

Estimated living cost  is ₽60780 per week

₽45544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27735
₽31998
₽24011
₽23180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
128
income
-
-
-
7 725
pensions

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

-
-
-
4 745
health
-
-
-
3 687
total
-
-
-
16 285
Employee
15 936
-
45 210
-
accident

We are using the highest rate at 1.1%.

175
-
353
-
health
733
-
1 475
-
pensions

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

1 399
-
2 815
-
income
1 593
-
4 521
-
total
3 900
-
9 164
-
Employer
15 936
-
45 210
-
accident

We are using the highest rate at 1.1%.

175
-
353
-
pensions

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

1 756
-
3 533
-
unemployment
95
-
192
-
health
1 100
-
2 212
-
total
3 126
-
6 290
-
Corporate
32 438
51 500
-
-
income
3 244
5 150
-
-
total
3 244
5 150
-
-
Dividends
29 194
46 350
-
-
withholding
1 460
2 317
-
-
total
1 460
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 730
7 467
15 454
16 285
After tax
39 770
44 033
36 046
35 215
Living cost
12 035
12 035
12 035
12 035
Free-cash
27 735
31 998
24 011
23 180

Estimated living cost  is ₽12035 per week

₽7026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48155
-₽46604
-₽51740
-₽21267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
4 868
pensions
-
-
-
9 270
health
-
-
-
7 905
total
-
-
-
22 043
Employee
84 809
78 116
78 116
-
health
10 580
10 198
11 990
-
pensions
10 717
10 717
14 061
-
income

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

12 786
12 786
12 786
-
total
34 083
33 701
38 837
-
Employer
84 809
78 116
78 116
-
pensions
5 902
5 437
5 437
-
unemployment
3 053
2 812
2 812
-
health
5 893
5 430
5 430
-
total
14 848
13 679
13 679
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
48 931
47 380
52 516
22 043
After tax
2 569
4 120
-1 016
29 457
Living cost
50 724
50 724
50 724
50 724
Free-cash
-48 155
-46 604
-51 740
-21 267

Estimated living cost  is ₽50724 per week

₽37417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4558
₽12683
₽3360
₽2308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
15 038
income
-
-
-
4 426
health
-
-
-
6 953
solidarity contribution
-
-
-
-
total
-
-
-
26 417
Employee
33 493
-
38 433
-
solidarity contribution
-
-
-
-
health
4 522
-
5 188
-
social contributions
2 177
-
2 498
-
income
4 019
-
4 612
-
total
10 718
-
12 298
-
Employer
33 493
-
38 433
-
social contributions
8 373
-
9 608
-
health
3 014
-
3 459
-
total
11 387
-
13 067
-
Corporate
6 620
51 500
-
-
income
1 258
9 785
-
-
total
1 258
9 785
-
-
Dividends
5 362
41 715
-
-
withholding
804
6 257
-
-
total
804
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 167
16 042
25 365
26 417
After tax
27 333
35 458
26 135
25 083
Living cost
22 775
22 775
22 775
22 775
Free-cash
4 558
12 683
3 360
2 308

Estimated living cost  is ₽22775 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29797
-₽11122
-₽13361
-₽10450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
regional
-
-
-
513
social contributions
-
-
-
13 245
municipal
-
-
-
306
national
-
-
-
9 287
total
-
-
-
23 351
Employee
81 297
-
51 500
-
national
14 087
-
8 174
-
regional
767
-
449
-
municipal
431
-
273
-
social contributions
27 413
-
17 366
-
total
42 698
-
26 262
-
Employer
81 297
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 008
-
-
total
-
14 368
-
-
Dividends
-
37 132
-
-
withholding
-
9 655
-
-
total
-
9 655
-
-
Income
51 500
51 500
51 500
51 500
Total tax
42 698
24 023
26 262
23 351
After tax
8 802
27 477
25 238
28 149
Living cost
38 599
38 599
38 599
38 599
Free-cash
-29 797
-11 122
-13 361
-10 450

Estimated living cost  is ₽38599 per week

₽26907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9360
₽12208
₽7907
₽9010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
-
unemployment
-
-
-
208
income
-
-
-
7 702
pensions
-
-
-
10 301
health
-
-
-
3 658
surtax
-
-
-
436
total
-
-
-
22 305
Employee
30 250
-
42 544
-
surtax
99
-
352
-
unemployment
2 106
-
2 961
-
other
-
-
-
-
health
772
-
1 085
-
pensions
2 017
-
2 838
-
income
5 071
-
7 216
-
total
10 065
-
14 452
-
Employer
30 250
-
42 544
-
other
-
-
-
-
pensions
4 033
-
5 671
-
unemployment
958
-
1 349
-
health
1 377
-
1 936
-
total
6 368
-
8 956
-
Corporate
14 883
51 500
-
-
income
3 869
13 391
-
-
total
3 869
13 391
-
-
Dividends
11 013
38 109
-
-
withholding
1 653
5 716
-
-
total
1 653
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 955
19 107
23 408
22 305
After tax
29 545
32 393
28 092
29 195
Living cost
20 185
20 185
20 185
20 185
Free-cash
9 360
12 208
7 907
9 010

Estimated living cost  is ₽20185 per week

₽12342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13467
-₽2937
-₽8005
-₽2819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 677
pensions
-
-
-
3 118
total
-
-
-
12 795
Employee
57 632
-
45 992
-
health
837
-
596
-
pensions
4 892
-
3 497
-
income
10 380
-
8 380
-
total
16 109
-
12 473
-
Employer
57 632
-
45 992
-
pensions
6 239
-
4 633
-
health
1 095
-
875
-
total
7 334
-
5 508
-
Corporate
-
51 500
-
-
income

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

-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 443
12 913
17 981
12 795
After tax
28 057
38 587
33 519
38 705
Living cost
41 524
41 524
41 524
41 524
Free-cash
-13 467
-2 937
-8 005
-2 819

Estimated living cost  is ₽41524 per week

₽31109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41467
-₽48983
-₽31416
-₽28791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other

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

-
-
-
1 030
city
-
-
-
542
regional
-
-
-
1 071
pensions
-
-
-
4 737
national
-
-
-
142
health
-
-
-
237
total
-
-
-
7 759
Employee
84 881
-
46 096
-
national
402
-
112
-
unemployment
-
-
-
-
city
911
-
496
-
regional
2 779
-
904
-
health
192
-
104
-
pensions
7 131
-
3 871
-
total
11 415
-
5 487
-
Employer
84 881
-
46 096
-
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.

1 697
-
922
-
pensions
7 131
-
3 871
-
unemployment
-
-
-
-
health
192
-
104
-
total
9 020
-
4 897
-
Corporate
-
51 500
-
-
regional
-
10 892
-
-
national
-
4 378
-
-
total
-
15 270
-
-
Dividends
-
36 230
-
-
withholding
-
12 681
-
-
total
-
12 681
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 435
27 951
10 384
7 759
After tax
31 065
23 549
41 116
43 741
Living cost
72 532
72 532
72 532
72 532
Free-cash
-41 467
-48 983
-31 416
-28 791

Estimated living cost  is ₽72532 per week

₽47167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽890
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3475
-₽16280
-₽2392
-₽3930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
1 538
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.

-
-
-
5 439
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.

-
-
-
6 249
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.

-
-
-
299
total
-
-
-
13 525
Employee

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

54 975
-
51 500
-
surtax

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

356
-
299
-
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.

6 249
-
6 249
-
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.

6 465
-
5 439
-
total
13 070
-
11 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
trade
-
8 832
-
-
income
-
7 725
-
-
surtax

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

-
425
-
-
chamber of commerce
-
212
-
-
total
-
17 194
-
-
Dividends
-
34 306
-
-
withholding
-
8 228
-
-
surtax

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

-
453
-
-
total
-
8 681
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 070
25 875
11 987
13 525
After tax
38 430
25 625
39 513
37 975
Living cost
41 905
41 905
41 905
41 905
Free-cash
-3 475
-16 280
-2 392
-3 930

Estimated living cost  is ₽41905 per week

₽30606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60
-₽5341
₽70
-₽414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 597
social contributions
-
-
-
1 469
income
-
-
-
2 253
pensions
-
-
-
14 852
health
-
-
-
446
surtax
-
-
-
-
total
-
-
-
20 617
Employee
39 150
-
39 243
-
surtax
-
-
-
-
pensions
4 427
-
4 437
-
social contributions
1 116
-
1 118
-
income
2 310
-
2 321
-
total
7 853
-
7 876
-
Employer
39 150
-
39 243
-
other
1 351
-
1 354
-
pensions
6 432
-
6 449
-
unemployment
1 585
-
1 590
-
social contributions
118
-
118
-
health
2 741
-
2 746
-
total
12 227
-
12 257
-
Corporate
124
51 500
-
-
income
35
14 420
-
-
surtax
-
-
-
-
total
35
14 420
-
-
Dividends
90
37 080
-
-
withholding
12
4 746
-
-
social contributions
16
6 378
-
-
surtax
-
-
-
-
total
28
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 143
25 544
20 133
20 617
After tax
31 357
25 956
31 367
30 883
Living cost
31 297
31 297
31 297
31 297
Free-cash
60
-5 341
70
-414

Estimated living cost  is ₽31297 per week

₽19734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2843
-₽2240
₽3171
₽2687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 597
social contributions
-
-
-
1 469
income
-
-
-
2 253
pensions
-
-
-
14 852
health
-
-
-
446
surtax
-
-
-
-
total
-
-
-
20 617
Employee
34 947
-
39 243
-
surtax
-
-
-
-
pensions
3 953
-
4 437
-
social contributions
996
-
1 118
-
income
1 802
-
2 321
-
total
6 751
-
7 876
-
Employer
34 947
-
39 243
-
other
1 206
-
1 354
-
pensions
5 742
-
6 449
-
unemployment
1 415
-
1 590
-
social contributions
104
-
118
-
health
2 446
-
2 746
-
total
10 913
-
12 257
-
Corporate
5 640
51 500
-
-
income
1 580
14 420
-
-
surtax
-
-
-
-
total
1 580
14 420
-
-
Dividends
4 060
37 080
-
-
withholding
519
4 746
-
-
social contributions
698
6 378
-
-
surtax
-
-
-
-
total
1 217
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 461
25 544
20 133
20 617
After tax
31 039
25 956
31 367
30 883
Living cost
28 196
28 196
28 196
28 196
Free-cash
2 843
-2 240
3 171
2 687

Estimated living cost  is ₽28196 per week

₽16352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12498
₽12024
₽11515
₽13676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
7 107
income
-
-
-
7 725
health
-
-
-
3 595
total
-
-
-
18 427
Employee
31 015
-
51 500
-
health
2 165
-
3 595
-
social contributions
4 281
-
7 107
-
income
5 173
-
9 886
-
total
11 619
-
20 588
-
Employer
31 015
-
51 500
-
total
-
-
-
-
Corporate
20 485
51 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 024
2 574
-
-
total
1 024
2 574
-
-
Dividends
19 460
48 926
-
-
health
1 357
3 415
-
-
withholding
2 920
7 339
-
-
social contributions
2 685
6 751
-
-
total
6 962
17 505
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 605
20 079
20 588
18 427
After tax
31 895
31 421
30 912
33 073
Living cost
19 397
19 397
19 397
19 397
Free-cash
12 498
12 024
11 515
13 676

Estimated living cost  is ₽19397 per week

₽12981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8418
-₽2694
-₽12215
-₽3647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
207
unemployment
-
-
-
5 610
income
-
-
-
3 449
pensions
-
-
-
9 527
health
-
-
-
3 941
surtax
-
-
-
181
total
-
-
-
22 915
Employee
45 715
36 454
39 850
-
unemployment
1 371
1 094
1 196
-
other
457
365
399
-
health
1 769
1 411
1 541
-
pensions
4 682
3 732
4 081
-
income
5 204
2 689
3 522
-
total
13 483
9 291
10 739
-
Employer
45 715
36 454
39 850
-
payroll
1 371
1 094
1 196
-
other
2 172
1 731
1 892
-
accident
594
474
517
-
pensions
5 737
4 576
5 001
-
unemployment
1 371
1 094
1 196
-
chamber of commerce
182
146
160
-
surtax
181
181
181
-
health
1 727
1 378
1 507
-
total
13 335
10 674
11 650
-
Corporate
3 472
4 374
36 379
-
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.

868
1 094
9 094
-
total
868
1 094
9 094
-
Dividends
-
3 280
-
-
withholding
-
903
-
-
total
-
903
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 686
21 962
31 483
22 915
After tax
23 814
29 538
20 017
28 585
Living cost
32 232
32 232
32 232
32 232
Free-cash
-8 418
-2 694
-12 215
-3 647

Estimated living cost  is ₽32232 per week

₽21497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32980
-₽4325
-₽11179
-₽5518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 876
national
-
-
-
15 051
communal

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

-
-
-
2 738
total
-
-
-
23 665
Employee

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

65 432
-
39 889
-
national
20 117
-
10 420
-
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.

569
-
347
-
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.

3 074
-
1 875
-
pensions

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

4 907
-
2 991
-
communal

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

3 413
-
2 081
-
total
32 080
-
17 714
-
Employer

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

65 432
-
39 889
-
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.

851
-
519
-
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.

5 798
-
3 534
-
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.

955
-
582
-
surtax
7 419
-
4 524
-
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.

4 024
-
2 453
-
total
19 047
-
11 612
-
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.

-
11 964
-
-
total
-
11 964
-
-
Income
51 500
51 500
51 500
51 500
Total tax
51 127
22 472
29 326
23 665
After tax
373
29 028
22 174
27 835
Living cost
33 353
33 353
33 353
33 353
Free-cash
-32 980
-4 325
-11 179
-5 518

Estimated living cost  is ₽33353 per week

₽21484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8548
₽1755
-₽4249
-₽4616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
unemployment
-
-
-
361
income
-
-
-
7 630
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
23 081
Employee
45 534
-
39 052
-
unemployment
707
-
606
-
other
45
-
38
-
pensions
2 140
-
1 835
-
income
9 607
-
7 788
-
total
12 499
-
10 267
-
Employer
45 534
-
39 052
-
other
363
-
312
-
accident
901
-
772
-
pensions
10 745
-
9 216
-
unemployment
2 505
-
2 147
-
total
14 514
-
12 447
-
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
-
8 985
-
-
total
-
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 013
16 710
22 714
23 081
After tax
24 487
34 790
28 786
28 419
Living cost
33 035
33 035
33 035
33 035
Free-cash
-8 548
1 755
-4 249
-4 616

Estimated living cost  is ₽33035 per week

₽24327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26049
-₽17336
-₽14527
-₽15564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 064
pensions
-
-
-
8 240
accident
-
-
-
463
communal
-
-
-
-
health
-
-
-
3 861
surtax
-
-
-
2 725
total
-
-
-
17 353
Employee
69 273
-
46 002
-
surtax
4 246
-
2 819
-
health
3 083
-
2 047
-
pensions
5 541
-
3 680
-
income
6 691
-
2 272
-
total
19 561
-
10 818
-
Employer
69 273
-
46 002
-
accident
623
-
415
-
pensions
5 541
-
3 680
-
health
2 113
-
1 403
-
total
8 277
-
5 498
-
Corporate
-
51 500
-
-
income
-
7 725
-
-
communal
-
3 477
-
-
surtax
-
542
-
-
total
-
11 744
-
-
Dividends
-
39 757
-
-
withholding
-
5 963
-
-
income
-
1 418
-
-
total
-
7 381
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 838
19 125
16 316
17 353
After tax
23 662
32 375
35 184
34 147
Living cost
49 711
49 711
49 711
49 711
Free-cash
-26 049
-17 336
-14 527
-15 564

Estimated living cost  is ₽49711 per week

₽37291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3012
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8939
₽11847
₽7546
₽8649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
-
unemployment
-
-
-
208
income
-
-
-
7 702
pensions
-
-
-
10 301
health
-
-
-
3 658
surtax
-
-
-
436
total
-
-
-
22 305
Employee
30 805
-
42 544
-
surtax
109
-
352
-
unemployment
2 144
-
2 961
-
other
-
-
-
-
health
786
-
1 085
-
pensions
2 055
-
2 838
-
income
5 164
-
7 216
-
total
10 258
-
14 452
-
Employer
30 805
-
42 544
-
other
-
-
-
-
pensions
4 107
-
5 671
-
unemployment
977
-
1 349
-
health
1 401
-
1 936
-
total
6 485
-
8 956
-
Corporate
14 209
51 500
-
-
income
3 694
13 391
-
-
total
3 694
13 391
-
-
Dividends
10 515
38 109
-
-
withholding
1 578
5 716
-
-
total
1 578
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 015
19 107
23 408
22 305
After tax
29 485
32 393
28 092
29 195
Living cost
20 546
20 546
20 546
20 546
Free-cash
8 939
11 847
7 546
8 649

Estimated living cost  is ₽20546 per week

₽12405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽398
₽2429
₽353
₽3244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
regional
-
-
-
777
social contributions
-
-
-
13 245
municipal
-
-
-
306
national
-
-
-
9 287
total
-
-
-
23 615
Employee
50 742
-
51 500
-
national
8 039
-
8 174
-
regional
683
-
693
-
municipal
269
-
273
-
social contributions
17 111
-
17 366
-
total
26 102
-
26 506
-
Employer
50 742
-
51 500
-
total
-
-
-
-
Corporate
758
51 500
-
-
nationa
182
12 360
-
-
municipal
38
2 559
-
-
total
220
14 919
-
-
Dividends
537
36 582
-
-
withholding
139
9 511
-
-
total
139
9 511
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 461
24 430
26 506
23 615
After tax
25 039
27 070
24 994
27 885
Living cost
24 641
24 641
24 641
24 641
Free-cash
398
2 429
353
3 244

Estimated living cost  is ₽24641 per week

₽15325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3805
₽7393
-₽1930
-₽2982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
15 038
income
-
-
-
4 426
health
-
-
-
6 953
solidarity contribution
-
-
-
-
total
-
-
-
26 417
Employee
41 272
-
38 433
-
solidarity contribution
-
-
-
-
health
5 572
-
5 188
-
social contributions
2 683
-
2 498
-
income
4 953
-
4 612
-
total
13 208
-
12 298
-
Employer
41 272
-
38 433
-
social contributions
10 318
-
9 608
-
health
3 714
-
3 459
-
total
14 032
-
13 067
-
Corporate
-
51 500
-
-
income
-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
6 257
-
-
total
-
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 240
16 042
25 365
26 417
After tax
24 260
35 458
26 135
25 083
Living cost
28 065
28 065
28 065
28 065
Free-cash
-3 805
7 393
-1 930
-2 982

Estimated living cost  is ₽28065 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1555
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.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽863
₽454
-₽9129
-₽418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
207
unemployment
-
-
-
5 610
income
-
-
-
3 449
pensions
-
-
-
9 527
health
-
-
-
3 941
surtax
-
-
-
-
total
-
-
-
22 734
Employee
39 986
36 454
39 989
-
unemployment
1 200
1 094
1 200
-
other
399
365
399
-
health
1 547
1 411
1 548
-
pensions
4 095
3 732
4 095
-
income
3 562
2 689
3 564
-
total
10 803
9 291
10 806
-
Employer
39 986
36 454
39 989
-
payroll
1 200
1 094
1 200
-
other
1 899
1 731
1 899
-
accident
519
474
519
-
pensions
5 018
4 576
5 018
-
unemployment
1 200
1 094
1 200
-
chamber of commerce
160
146
160
-
surtax
-
-
-
-
health
1 512
1 378
1 512
-
total
11 508
10 493
11 508
-
Corporate
3 472
4 554
36 521
-
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.

868
1 139
9 131
-
total
868
1 139
9 131
-
Dividends
-
3 415
-
-
withholding
-
939
-
-
total
-
939
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 179
21 862
31 445
22 734
After tax
28 321
29 638
20 055
28 766
Living cost
29 184
29 184
29 184
29 184
Free-cash
-863
454
-9 129
-418

Estimated living cost  is ₽29184 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34928
₽37138
₽29413
₽39198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
14 734
-
51 500
-
income
2 947
-
10 300
-
total
2 947
-
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%.

36 766
51 500
-
-
total
-
-
-
-
Dividends
36 766
51 500
-
-
withholding
1 838
2 575
-
-
total
1 838
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 785
2 575
10 300
515
After tax
46 715
48 925
41 200
50 985
Living cost
11 787
11 787
11 787
11 787
Free-cash
34 928
37 138
29 413
39 198

Estimated living cost  is ₽11787 per week

₽7976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3270
₽10921
₽2337
₽3860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
78
income
-
-
-
8 552
pensions
-
-
-
9 405
health
-
-
-
5 069
total
-
-
-
23 104
Employee

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

40 450
-
44 562
-
unemployment
57
-
62
-
health
2 613
-
2 880
-
pensions
6 270
-
6 907
-
income
6 976
-
7 840
-
total
15 916
-
17 689
-
Employer

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

40 450
-
44 562
-
pensions
3 579
-
3 944
-
unemployment
24
-
26
-
health
2 694
-
2 968
-
total
6 297
-
6 938
-
Corporate
4 752
51 500
-
-
income
903
9 785
-
-
total
903
9 785
-
-
Dividends
3 849
41 715
-
-
withholding
578
6 258
-
-
total
578
6 258
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 694
16 043
24 627
23 104
After tax
27 806
35 457
26 873
28 396
Living cost
24 536
24 536
24 536
24 536
Free-cash
3 270
10 921
2 337
3 860

Estimated living cost  is ₽24536 per week

₽16838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85418
-₽8289
-₽202
-₽4031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
56 812
-
-
-
social contributions
4 659
-
664
-
income
12 532
-
-
-
total
17 191
-
664
-
Employer
56 812
-
-
-
social contributions
80 105
-
11 416
-
total
80 105
-
11 416
-
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
97 296
20 167
12 080
15 909
After tax
-45 796
31 333
39 420
35 591
Living cost
39 622
39 622
39 622
39 622
Free-cash
-85 418
-8 289
-202
-4 031

Estimated living cost  is ₽39622 per week

₽25708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽564
₽599
-₽264
₽1072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 895
income
-
-
-
3 840
surtax
-
-
-
-
total
-
-
-
21 735
Employee
42 071
-
41 616
-
surtax
-
-
-
-
social contributions
4 628
-
4 578
-
income
8 751
-
8 609
-
total
13 379
-
13 187
-
Employer
42 071
-
41 616
-
social contributions
9 992
-
9 884
-
total
9 992
-
9 884
-
Corporate
-
51 500
-
-
income
-
10 815
-
-
surtax
-
-
-
-
total
-
10 815
-
-
Dividends
-
40 685
-
-
withholding
-
11 393
-
-
total
-
11 393
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 371
22 208
23 071
21 735
After tax
28 129
29 292
28 429
29 765
Living cost
28 693
28 693
28 693
28 693
Free-cash
-564
599
-264
1 072

Estimated living cost  is ₽28693 per week

₽21468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23686
-₽18225
-₽12814
-₽13298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
1 597
social contributions
-
-
-
1 469
income
-
-
-
2 253
pensions
-
-
-
14 852
health
-
-
-
446
surtax
-
-
-
-
total
-
-
-
20 617
Employee
57 292
-
39 243
-
surtax
-
-
-
-
pensions
6 480
-
4 437
-
social contributions
1 632
-
1 118
-
income
4 999
-
2 321
-
total
13 111
-
7 876
-
Employer
57 292
-
39 243
-
other
1 977
-
1 354
-
pensions
9 414
-
6 449
-
unemployment
2 321
-
1 590
-
social contributions
172
-
118
-
health
4 010
-
2 746
-
total
17 894
-
12 257
-
Corporate
-
51 500
-
-
income
-
14 420
-
-
surtax
-
-
-
-
total
-
14 420
-
-
Dividends
-
37 080
-
-
withholding
-
4 746
-
-
social contributions
-
6 378
-
-
surtax
-
-
-
-
total
-
11 124
-
-
Income
51 500
51 500
51 500
51 500
Total tax
31 005
25 544
20 133
20 617
After tax
20 495
25 956
31 367
30 883
Living cost
44 181
44 181
44 181
44 181
Free-cash
-23 686
-18 225
-12 814
-13 298

Estimated living cost  is ₽44181 per week

₽29901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15781
₽18853
₽14191
₽12673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
11 330
total
-
-
-
11 330
Employee
29 408
-
44 589
-
social contributions
1 911
-
2 899
-
income
-
-
2
-
total
1 911
-
2 901
-
Employer
29 408
-
44 589
-
social contributions
4 558
-
6 911
-
total
4 558
-
6 911
-
Corporate
17 533
51 500
-
-
income
1 753
5 150
-
-
total
1 753
5 150
-
-
Dividends
15 780
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 222
5 150
9 812
11 330
After tax
43 278
46 350
41 688
40 170
Living cost
27 497
27 497
27 497
27 497
Free-cash
15 781
18 853
14 191
12 673

Estimated living cost  is ₽27497 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽147399
-₽147399
-₽147399
-₽10476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
pensions
-
-
-
791
municipal
-
-
-
8 308
labour market
-
-
-
4 057
national
-
-
-
4 855
total
-
-
-
18 011
Employee
185 567
185 567
185 567
-
national
22 670
22 670
22 670
-
municipal
39 515
39 515
39 515
-
labour market
14 824
14 824
14 824
-
pensions
264
264
264
-
total
77 273
77 273
77 273
-
Employer
185 567
185 567
185 567
-
municipal
39 578
39 578
39 578
-
pensions
528
528
528
-
national
22 710
22 710
22 710
-
labour market
14 845
14 845
14 845
-
total
77 661
77 661
77 661
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
154 934
154 934
154 934
18 011
After tax
-103 434
-103 434
-103 434
33 489
Living cost
43 965
43 965
43 965
43 965
Free-cash
-147 399
-147 399
-147 399
-10 476

Estimated living cost  is ₽43965 per week

₽30090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1071
-₽16049
₽6975
₽15389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
346
income
-
-
-
9 391
pensions
-
-
-
3 882
accident
-
-
-
236
health
-
-
-
2 035
total
-
-
-
15 890
Employee
31 809
-
42 781
-
health
3 642
-
4 899
-
pensions
3 582
-
4 817
-
income
4 364
-
5 869
-
total
11 588
-
15 585
-
Employer
31 809
-
42 781
-
accident
531
-
715
-
pensions
5 172
-
6 956
-
unemployment
779
-
1 048
-
total
6 482
-
8 719
-
Corporate
13 208
51 500
-
-
income

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

11 887
46 350
-
-
total
11 887
46 350
-
-
Dividends
1 321
5 150
-
-
withholding
251
978
-
-
total
251
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 208
47 328
24 304
15 890
After tax
21 292
4 172
27 196
35 610
Living cost
20 221
20 221
20 221
20 221
Free-cash
1 071
-16 049
6 975
15 389

Estimated living cost  is ₽20221 per week

₽14719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3970
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5708
₽496
-₽3290
₽4950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
municipal
-
-
-
9 195
national
-
-
-
1 824
health
-
-
-
411
total
-
-
-
11 430
Employee
48 127
-
43 326
-
national
795
-
535
-
unemployment
722
-
649
-
health
359
-
285
-
municipal
7 883
-
7 103
-
pensions
3 248
-
2 925
-
total
13 007
-
11 497
-
Employer
48 127
-
43 326
-
accident
49
-
43
-
pensions
8 350
-
7 516
-
unemployment
312
-
281
-
health
370
-
333
-
total
9 081
-
8 173
-
Corporate
-
51 500
-
-
income
-
10 301
-
-
total
-
10 301
-
-
Dividends

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

-
30 899
-
-
municipal
-
5 562
-
-
national
-
21
-
-
total
-
5 583
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 088
15 884
19 670
11 430
After tax
29 412
35 616
31 830
40 070
Living cost
35 120
35 120
35 120
35 120
Free-cash
-5 708
496
-3 290
4 950

Estimated living cost  is ₽35120 per week

₽22940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11770
₽9636
₽13684
₽19312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
8 034
income
-
-
-
1 661
health
-
-
-
1 314
total
-
-
-
11 009
Employee
70 340
70 340
70 340
-
health
545
1 196
795
-
social contributions
2 659
5 838
3 880
-
income
7 659
6 511
7 218
-
total
10 863
13 545
11 893
-
Employer
70 340
70 340
70 340
-
social contributions
2 659
5 838
3 880
-
health
592
1 302
864
-
total
3 251
7 140
4 744
-
Corporate
16 206
-
-
-
income
2 026
-
-
-
total
2 026
-
-
-
Dividends
14 181
-
-
-
withholding
2 411
-
-
-
total
2 411
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 551
20 685
16 637
11 009
After tax
32 949
30 815
34 863
40 491
Living cost
21 179
21 179
21 179
21 179
Free-cash
11 770
9 636
13 684
19 312

Estimated living cost  is ₽21179 per week

₽12693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23471
₽28124
₽17384
₽23487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
26
income
-
-
-
4 335
pensions
-
-
-
5 819
health
-
-
-
3 310
total
-
-
-
13 490
Employee

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

20 997
-
46 692
-
unemployment
104
-
233
-
health
1 785
-
3 968
-
pensions
3 149
-
7 004
-
income
1 436
-
3 580
-
total
6 474
-
14 785
-
Employer

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

20 997
-
46 692
-
pensions
1 154
-
2 567
-
unemployment
104
-
233
-
health
903
-
2 008
-
total
2 161
-
4 808
-
Corporate
28 342
51 500
-
-
income
2 550
4 635
-
-
total
2 550
4 635
-
-
Dividends
25 792
46 865
-
-
withholding
2 321
4 218
-
-
total
2 321
4 218
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 506
8 853
19 593
13 490
After tax
37 994
42 647
31 907
38 010
Living cost
14 523
14 523
14 523
14 523
Free-cash
23 471
28 124
17 384
23 487

Estimated living cost  is ₽14523 per week

₽9266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4746
₽9636
₽3632
₽3265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
unemployment
-
-
-
361
income
-
-
-
7 630
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
23 081
Employee
33 824
-
39 052
-
unemployment
524
-
606
-
other
33
-
38
-
pensions
1 590
-
1 835
-
income
6 521
-
7 788
-
total
8 668
-
10 267
-
Employer
33 824
-
39 052
-
other
271
-
312
-
accident
670
-
772
-
pensions
7 982
-
9 216
-
unemployment
1 861
-
2 147
-
total
10 784
-
12 447
-
Corporate
6 893
51 500
-
-
income

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

1 035
7 725
-
-
total
1 035
7 725
-
-
Dividends
5 858
43 775
-
-
withholding
1 113
8 985
-
-
total
1 113
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 600
16 710
22 714
23 081
After tax
29 900
34 790
28 786
28 419
Living cost
25 154
25 154
25 154
25 154
Free-cash
4 746
9 636
3 632
3 265

Estimated living cost  is ₽25154 per week

₽16979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽30121
₽30405
₽30605
₽30727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
16 864
pensions
-
-
-
1 263
health
-
-
-
915
total
-
-
-
19 042
Employee
2 636
-
50 080
-
unemployment
26
-
63
-
health
132
-
316
-
pensions
237
-
568
-
income
510
-
16 797
-
total
905
-
17 744
-
Employer
2 636
-
50 080
-
pensions
290
-
694
-
unemployment
53
-
126
-
health
250
-
600
-
total
593
-
1 420
-
Corporate
48 271
51 500
-
-
income
10 620
11 330
-
-
total
10 620
11 330
-
-
Dividends
37 651
40 170
-
-
withholding
7 530
8 034
-
-
total
7 530
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 648
19 364
19 164
19 042
After tax
31 852
32 136
32 336
32 458
Living cost
1 731
1 731
1 731
1 731
Free-cash
30 121
30 405
30 605
30 727

Estimated living cost  is ₽1731 per week

₽1029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16978
₽21459
₽11972
₽9758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
772
income
-
-
-
6 526
pensions
-
-
-
13 390
health
-
-
-
5 304
total
-
-
-
25 992
Employee

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

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

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

23 750
-
43 681
-
unemployment
178
-
328
-
health
1 223
-
2 250
-
pensions
3 325
-
6 115
-
income
3 274
-
7 265
-
total
8 000
-
15 958
-
Employer

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

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

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

23 750
-
43 681
-
pensions
2 850
-
5 242
-
unemployment
178
-
328
-
health
1 223
-
2 250
-
total
4 251
-
7 820
-
Corporate
23 498
51 500
-
-
income
3 525
7 725
-
-
total
3 525
7 725
-
-
Dividends
19 974
43 775
-
-
withholding
2 996
6 566
-
-
total
2 996
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 772
14 291
23 778
25 992
After tax
32 728
37 209
27 722
25 508
Living cost
15 750
15 750
15 750
15 750
Free-cash
16 978
21 459
11 972
9 758

Estimated living cost  is ₽15750 per week

₽10605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4304
₽4631
₽3768
₽5104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
17 895
income
-
-
-
3 840
surtax
-
-
-
-
total
-
-
-
21 735
Employee
35 503
-
41 616
-
surtax
-
-
-
-
social contributions
3 906
-
4 578
-
income
6 937
-
8 609
-
total
10 843
-
13 187
-
Employer
35 503
-
41 616
-
social contributions
8 431
-
9 884
-
total
8 431
-
9 884
-
Corporate
7 565
51 500
-
-
income
1 588
10 815
-
-
surtax
-
-
-
-
total
1 588
10 815
-
-
Dividends
5 977
40 685
-
-
withholding
1 673
11 393
-
-
total
1 673
11 393
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 535
22 208
23 071
21 735
After tax
28 965
29 292
28 429
29 765
Living cost
24 661
24 661
24 661
24 661
Free-cash
4 304
4 631
3 768
5 104

Estimated living cost  is ₽24661 per week

₽17467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6763
₽2642
-₽3362
-₽3729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
52
unemployment
-
-
-
361
income
-
-
-
7 630
pensions
-
-
-
14 575
accident
-
-
-
463
total
-
-
-
23 081
Employee
44 178
-
39 052
-
unemployment
684
-
606
-
other
43
-
38
-
pensions
2 076
-
1 835
-
income
9 227
-
7 788
-
total
12 030
-
10 267
-
Employer
44 178
-
39 052
-
other
354
-
312
-
accident
875
-
772
-
pensions
10 426
-
9 216
-
unemployment
2 430
-
2 147
-
total
14 085
-
12 447
-
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
-
8 985
-
-
total
-
8 985
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 115
16 710
22 714
23 081
After tax
25 385
34 790
28 786
28 419
Living cost
32 148
32 148
32 148
32 148
Free-cash
-6 763
2 642
-3 362
-3 729

Estimated living cost  is ₽32148 per week

₽23088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22647
₽28243
₽20256
₽19425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
128
income
-
-
-
7 725
pensions

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

-
-
-
4 745
health
-
-
-
3 687
total
-
-
-
16 285
Employee
20 908
-
45 210
-
accident

We are using the highest rate at 1.1%.

230
-
353
-
health
962
-
1 475
-
pensions

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

1 836
-
2 815
-
income
2 091
-
4 521
-
total
5 119
-
9 164
-
Employer
20 908
-
45 210
-
accident

We are using the highest rate at 1.1%.

230
-
353
-
pensions

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

2 304
-
3 533
-
unemployment
126
-
192
-
health
1 443
-
2 212
-
total
4 103
-
6 290
-
Corporate
26 490
51 500
-
-
income
2 649
5 150
-
-
total
2 649
5 150
-
-
Dividends
23 841
46 350
-
-
withholding
1 192
2 317
-
-
total
1 192
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 063
7 467
15 454
16 285
After tax
38 437
44 033
36 046
35 215
Living cost
15 790
15 790
15 790
15 790
Free-cash
22 647
28 243
20 256
19 425

Estimated living cost  is ₽15790 per week

₽10443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3335
-₽8632
₽4197
₽2909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
1 288
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.

-
-
-
5 439
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.

-
-
-
6 249
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.

-
-
-
299
total
-
-
-
13 275
Employee

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

45 514
-
51 500
-
surtax

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

207
-
299
-
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.

6 249
-
6 249
-
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.

3 743
-
5 439
-
total
10 199
-
11 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 986
51 500
-
-
trade
859
7 390
-
-
income
897
7 725
-
-
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.

49
425
-
-
chamber of commerce
148
215
-
-
total
1 953
15 755
-
-
Dividends
4 033
35 745
-
-
withholding
661
8 589
-
-
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.

36
472
-
-
total
697
9 061
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 849
24 816
11 987
13 275
After tax
38 651
26 684
39 513
38 225
Living cost
35 316
35 316
35 316
35 316
Free-cash
3 335
-8 632
4 197
2 909

Estimated living cost  is ₽35316 per week

₽24362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20055
-₽16058
-₽11784
-₽11784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 739
income
-
-
-
7 437
total
-
-
-
11 176
Employee
71 554
-
51 500
-
social contributions
5 945
-
3 739
-
income
13 502
-
7 437
-
total
19 447
-
11 176
-
Employer
71 554
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
6 437
-
-
total
-
6 437
-
-
Dividends
-
45 063
-
-
withholding
-
9 013
-
-
total
-
9 013
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 447
15 450
11 176
11 176
After tax
32 053
36 050
40 324
40 324
Living cost
52 108
52 108
52 108
52 108
Free-cash
-20 055
-16 058
-11 784
-11 784

Estimated living cost  is ₽52108 per week

₽39643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽736
-₽4565
₽3993
-₽13371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
51 500
health

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

-
-
-
5 626
income
-
-
-
26 039
total
-
-
-
31 665
Employee
41 963
-
47 292
-
social contributions
4 204
-
4 208
-
income
4 553
-
5 885
-
total
8 757
-
10 093
-
Employer
41 963
-
47 292
-
social contributions
4 204
-
4 208
-
total
4 204
-
4 208
-
Corporate
5 332
51 500
-
-
income
1 866
18 026
-
-
total
1 866
18 026
-
-
Dividends
3 466
33 474
-
-
social contributions
2 731
4 833
-
-
total
2 731
4 833
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 558
22 859
14 301
31 665
After tax
33 942
28 641
37 199
19 835
Living cost
33 206
33 206
33 206
33 206
Free-cash
736
-4 565
3 993
-13 371

Estimated living cost  is ₽33206 per week

₽21872
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.
₽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.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽398
₽4830
-₽238
₽4948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 677
pensions
-
-
-
3 118
total
-
-
-
12 795
Employee
46 337
-
45 992
-
health
604
-
596
-
pensions
3 537
-
3 497
-
income
8 438
-
8 380
-
total
12 579
-
12 473
-
Employer
46 337
-
45 992
-
pensions
4 681
-
4 633
-
health
881
-
875
-
total
5 562
-
5 508
-
Corporate
-
51 500
-
-
income

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

-
9 785
-
-
total
-
9 785
-
-
Dividends
-
41 715
-
-
withholding
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 141
12 913
17 981
12 795
After tax
33 359
38 587
33 519
38 705
Living cost
33 757
33 757
33 757
33 757
Free-cash
-398
4 830
-238
4 948

Estimated living cost  is ₽33757 per week

₽23157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽763
-₽18051
₽4973
₽13387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other
-
-
-
346
income
-
-
-
9 391
pensions
-
-
-
3 882
accident
-
-
-
236
health
-
-
-
2 035
total
-
-
-
15 890
Employee
34 958
-
42 781
-
health
4 003
-
4 899
-
pensions
3 936
-
4 817
-
income
4 796
-
5 869
-
total
12 735
-
15 585
-
Employer
34 958
-
42 781
-
accident
584
-
715
-
pensions
5 684
-
6 956
-
unemployment
856
-
1 048
-
total
7 124
-
8 719
-
Corporate
9 418
51 500
-
-
income

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

8 476
46 350
-
-
total
8 476
46 350
-
-
Dividends
942
5 150
-
-
withholding
179
978
-
-
total
179
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 514
47 328
24 304
15 890
After tax
22 986
4 172
27 196
35 610
Living cost
22 223
22 223
22 223
22 223
Free-cash
763
-18 051
4 973
13 387

Estimated living cost  is ₽22223 per week

₽16309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26982
₽31428
₽18155
₽18155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
618
income
-
-
-
6 835
pensions
-
-
-
9 476
health insurance
-
-
-
3 811
work injury
-
-
-
258
total
-
-
-
20 998
Employee

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

19 755
-
51 500
-
health insurance
1 462
-
3 811
-
unemployment
237
-
618
-
work injury
99
-
258
-
pensions
3 635
-
9 476
-
income
1 976
-
6 835
-
total
7 409
-
20 998
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 745
51 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
31 745
51 500
-
-
withholding
4 762
7 725
-
-
total
4 762
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 171
7 725
20 998
20 998
After tax
39 329
43 775
30 502
30 502
Living cost
12 347
12 347
12 347
12 347
Free-cash
26 982
31 428
18 155
18 155

Estimated living cost  is ₽12347 per week

₽7649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽25583
-₽9315
-₽11459
-₽8601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
regional
-
-
-
784
social contributions
-
-
-
13 245
municipal
-
-
-
344
national
-
-
-
9 287
total
-
-
-
23 660
Employee
77 082
-
51 500
-
national
13 026
-
8 174
-
regional
1 164
-
671
-
municipal
460
-
307
-
social contributions
25 992
-
17 366
-
total
40 642
-
26 518
-
Employer
77 082
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 482
-
-
total
-
14 842
-
-
Dividends
-
36 658
-
-
withholding
-
9 532
-
-
total
-
9 532
-
-
Income
51 500
51 500
51 500
51 500
Total tax
40 642
24 374
26 518
23 660
After tax
10 858
27 126
24 982
27 840
Living cost
36 441
36 441
36 441
36 441
Free-cash
-25 583
-9 315
-11 459
-8 601

Estimated living cost  is ₽36441 per week

₽25598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Rome model

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