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
-₽2258
₽11189
₽9948
₽8121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 196
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.

-
-
-
285
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.

-
-
-
6 410
trade
-
-
-
1 241
total
-
-
-
13 132
Employee

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

35 888
-
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.

55
-
285
-
income

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

1 002
-
5 196
-
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.

6 410
-
6 410
-
total
7 467
-
11 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 612
51 500
-
-
income
2 342
7 724
-
-
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.

128
426
-
-
chamber of commerce
166
217
-
-
trade
2 459
8 111
-
-
total
5 095
16 478
-
-
Dividends
10 517
35 022
-
-
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.

125
461
-
-
withholding
2 272
8 399
-
-
total
2 397
8 860
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 959
25 338
11 891
13 132
After tax
36 541
26 162
39 609
38 368
Living cost
28 420
28 420
28 420
28 420
Free-cash
8 121
-2 258
11 189
9 948

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17820
-₽16965
-₽17370
-₽32968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
554
municipal
-
-
-
4 777
national
-
-
-
7 403
pensions
-
-
-
6 180
total
-
-
-
18 914
Employee
77 442
-
44 521
-
municipal
9 565
-
4 976
-
pensions
3 098
-
1 781
-
national
14 822
-
7 711
-
total
27 485
-
14 468
-
Employer
77 442
-
44 521
-
pensions
6 195
-
3 562
-
social contributions
832
-
479
-
total
7 027
-
4 041
-
Corporate
-
51 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
10 300
-
-
total
-
10 300
-
-
Dividends
-
41 200
-
-
withholding
-
9 064
-
-
total
-
9 064
-
-
Income
51 500
51 500
51 500
51 500
Total tax
34 512
19 364
18 509
18 914
After tax
16 988
32 136
32 991
32 586
Living cost
49 956
49 956
49 956
49 956
Free-cash
-32 968
-17 820
-16 965
-17 370

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21678
₽9989
₽21301
₽13983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 954
microenterprise
-
-
-
7 724
total
-
-
-
10 678
Employee
27 418
-
41 502
-
surtax
-
-
-
-
social contributions

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

3 016
-
4 565
-
income
4 881
-
7 427
-
total
7 897
-
11 992
-
Employer
27 418
-
41 502
-
social contributions

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

6 604
-
9 998
-
surtax
-
-
-
-
total
6 604
-
9 998
-
Corporate
17 478
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%.

3 495
10 301
-
-
total
3 495
10 301
-
-
Dividends

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

13 983
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 996
10 301
21 990
10 678
After tax
33 504
41 199
29 510
40 822
Living cost
19 521
19 521
19 521
19 521
Free-cash
13 983
21 678
9 989
21 301

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36409
-₽41677
-₽9838
-₽41677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 855
health
-
-
-
7 906
pensions
-
-
-
9 270
total
-
-
-
22 031
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
53 870
48 602
53 870
22 031
After tax
-2 370
2 898
-2 370
29 469
Living cost
39 307
39 307
39 307
39 307
Free-cash
-41 677
-36 409
-41 677
-9 838

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9365
-₽9982
-₽11812
-₽18693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
103
other
-
-
-
5 984
unemployment
-
-
-
52
health
-
-
-
3 214
municipal
-
-
-
10 908
national
-
-
-
-
pensions
-
-
-
5 567
total
-
-
-
25 828
Employee
53 411
-
39 187
-
municipal
15 927
-
11 686
-
national
-
-
-
-
total
15 927
-
11 686
-
Employer
53 411
-
39 187
-
health
3 285
-
2 410
-
pensions
5 774
-
4 236
-
accident
107
-
78
-
unemployment
1 410
-
1 035
-
other
6 206
-
4 553
-
total
16 782
-
12 312
-
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
32 709
23 381
23 998
25 828
After tax
18 791
28 119
27 502
25 672
Living cost
37 484
37 484
37 484
37 484
Free-cash
-18 693
-9 365
-9 982
-11 812

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10964
₽2748
₽1452
₽2221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 196
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.

-
-
-
285
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.

-
-
-
6 410
trade
-
-
-
1 296
total
-
-
-
13 187
Employee

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

47 583
-
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.

224
-
285
-
income

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

4 088
-
5 196
-
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.

6 410
-
6 410
-
total
10 722
-
11 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 917
51 500
-
-
income
588
7 724
-
-
surtax

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

32
426
-
-
chamber of commerce
148
215
-
-
trade
645
8 472
-
-
total
1 413
16 837
-
-
Dividends
2 505
34 663
-
-
surtax

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

14
458
-
-
withholding
269
8 308
-
-
total
283
8 766
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 418
25 603
11 891
13 187
After tax
39 082
25 897
39 609
38 313
Living cost
36 860
36 860
36 860
36 860
Free-cash
2 221
-10 964
2 748
1 452

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽151
₽4206
₽10231
₽3616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 487
social contributions
-
-
-
8 034
health
-
-
-
1 314
total
-
-
-
10 835
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
3 880
-
income
7 576
6 679
7 441
-
health
718
1 227
794
-
total
11 800
13 894
12 115
-
Employer
72 151
72 151
72 151
-
health
782
1 335
865
-
social contributions
3 506
5 988
3 880
-
total
4 288
7 323
4 745
-
Corporate
4 978
-
-
-
income
621
-
-
-
total
621
-
-
-
Dividends
4 357
-
-
-
withholding
741
-
-
-
total
741
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 450
21 217
16 860
10 835
After tax
34 050
30 283
34 640
40 665
Living cost
30 434
30 434
30 434
30 434
Free-cash
3 616
-151
4 206
10 231

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12347
₽13037
₽18860
₽12696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
6 296
unemployment
-
-
-
772
health
-
-
-
3 605
pensions
-
-
-
5 150
total
-
-
-
15 823
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
43 096
-
unemployment
364
145
646
-
pensions
2 428
966
4 310
-
income
2 968
1 181
5 269
-
health
1 699
676
3 017
-
total
7 459
2 968
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.

24 275
9 661
43 096
-
pensions
4 734
1 884
8 404
-
total
4 734
1 884
8 404
-
Corporate
22 491
39 955
-
-
income
2 024
3 596
-
-
total
2 024
3 596
-
-
Dividends
20 467
36 359
-
-
social contributions
3 881
6 980
-
-
withholding
3 889
6 908
-
-
total
7 770
13 888
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 987
22 336
21 646
15 823
After tax
29 513
29 164
29 854
35 677
Living cost
16 817
16 817
16 817
16 817
Free-cash
12 696
12 347
13 037
18 860

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18535
₽7882
₽6090
₽12706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 750
health
-
-
-
6 695
pensions
-
-
-
10 301
total
-
-
-
22 746
Employee
26 618
-
38 489
-
unemployment
426
-
616
-
pensions
532
-
769
-
income
2 997
-
6 558
-
total
3 955
-
7 943
-
Employer
26 618
-
38 489
-
health
3 460
-
5 004
-
pensions
5 324
-
7 699
-
unemployment
214
-
308
-
total
8 998
-
13 011
-
Corporate
15 884
51 500
-
-
income
3 177
10 301
-
-
total
3 177
10 301
-
-
Dividends
12 708
41 199
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
16 130
10 301
20 954
22 746
After tax
35 370
41 199
30 546
28 754
Living cost
22 664
22 664
22 664
22 664
Free-cash
12 706
18 535
7 882
6 090

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16776
₽6249
₽14676
₽959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
240
income
-
-
-
9 244
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
15 876
Employee
32 952
-
42 781
-
pensions
3 710
-
4 817
-
income
4 521
-
5 869
-
health
3 773
-
4 898
-
total
12 004
-
15 584
-
Employer
32 952
-
42 781
-
pensions
5 358
-
6 956
-
accident
550
-
715
-
unemployment
807
-
1 048
-
total
6 715
-
8 719
-
Corporate
11 832
51 500
-
-
income

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

10 649
46 350
-
-
total
10 649
46 350
-
-
Dividends
1 183
5 150
-
-
withholding
225
978
-
-
total
225
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 593
47 328
24 303
15 876
After tax
21 907
4 172
27 197
35 624
Living cost
20 948
20 948
20 948
20 948
Free-cash
959
-16 776
6 249
14 676

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41364
₽33639
₽43424
₽39946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
51 500
-
income
1 890
-
10 300
-
total
1 890
-
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%.

42 050
51 500
-
-
total
-
-
-
-
Dividends
42 050
51 500
-
-
withholding
2 103
2 575
-
-
total
2 103
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
3 993
2 575
10 300
515
After tax
47 507
48 925
41 200
50 985
Living cost
7 561
7 561
7 561
7 561
Free-cash
39 946
41 364
33 639
43 424

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12836
₽5188
₽2883
₽6500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
6 542
other
-
-
-
2 447
health
-
-
-
2 267
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.

-
-
-
12 359
total
-
-
-
23 615
Employee
34 069
-
41 135
-
unemployment
340
-
411
-
pensions

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

2 384
-
2 879
-
income
5 865
-
7 081
-
health
477
-
575
-
total
9 066
-
10 946
-
Employer
34 069
-
41 135
-
health
477
-
575
-
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.

5 792
-
6 992
-
accident
272
-
329
-
unemployment
340
-
411
-
other
1 704
-
2 057
-
total
8 585
-
10 364
-
Corporate
8 845
51 500
-
-
income
1 857
10 815
-
-
total
1 857
10 815
-
-
Dividends
6 988
40 685
-
-
withholding
490
2 847
-
-
total
490
2 847
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 998
13 662
21 310
23 615
After tax
31 502
37 838
30 190
27 885
Living cost
25 002
25 002
25 002
25 002
Free-cash
6 500
12 836
5 188
2 883

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24099
-₽29074
-₽23941
-₽49346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
9 685
pensions
-
-
-
3 070
total
-
-
-
12 755
Employee
88 691
-
46 038
-
pensions
8 556
-
3 437
-
income
15 987
-
8 403
-
health
1 461
-
588
-
total
26 004
-
12 428
-
Employer
88 691
-
46 038
-
health
1 684
-
875
-
pensions
10 472
-
4 585
-
total
12 156
-
5 460
-
Corporate
-
51 500
-
-
income

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

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
38 160
12 913
17 888
12 755
After tax
13 340
38 587
33 612
38 745
Living cost
62 686
62 686
62 686
62 686
Free-cash
-49 346
-24 099
-29 074
-23 941

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31734
₽23521
₽22727
₽27377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 725
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
16 474
Employee
16 286
-
45 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
4 507
-
health
749
-
1 507
-
total
3 986
-
9 251
-
Employer
16 286
-
45 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
32 018
51 500
-
-
income
3 202
5 150
-
-
total
3 202
5 150
-
-
Dividends
28 816
46 350
-
-
withholding
1 441
2 317
-
-
total
1 441
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 824
7 467
15 680
16 474
After tax
39 676
44 033
35 820
35 026
Living cost
12 299
12 299
12 299
12 299
Free-cash
27 377
31 734
23 521
22 727

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49132
-₽54400
-₽22561
-₽50723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 855
health
-
-
-
7 906
pensions
-
-
-
9 270
total
-
-
-
22 031
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
50 193
48 602
53 870
22 031
After tax
1 307
2 898
-2 370
29 469
Living cost
52 030
52 030
52 030
52 030
Free-cash
-50 723
-49 132
-54 400
-22 561

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12447
₽3124
₽2073
₽4237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 426
social contributions
-
-
-
15 038
solidarity contribution
-
-
-
-
health
-
-
-
6 952
total
-
-
-
26 416
Employee
33 839
-
38 433
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
2 498
-
income
4 061
-
4 612
-
health
4 568
-
5 188
-
total
10 829
-
12 298
-
Employer
33 839
-
38 433
-
health
3 045
-
3 459
-
social contributions
8 460
-
9 608
-
total
11 505
-
13 067
-
Corporate
6 156
51 500
-
-
income
1 170
9 785
-
-
total
1 170
9 785
-
-
Dividends
4 986
41 715
-
-
withholding
748
6 257
-
-
total
748
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 252
16 042
25 365
26 416
After tax
27 248
35 458
26 135
25 084
Living cost
23 011
23 011
23 011
23 011
Free-cash
4 237
12 447
3 124
2 073

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12115
-₽14325
-₽11416
-₽31891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
13 246
regional
-
-
-
510
municipal
-
-
-
306
national
-
-
-
9 261
total
-
-
-
23 323
Employee
83 391
-
51 500
-
municipal
442
-
272
-
national
14 450
-
8 148
-
regional
787
-
446
-
social contributions
28 119
-
17 366
-
total
43 798
-
26 232
-
Employer
83 391
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 009
-
-
nationa
-
12 359
-
-
total
-
14 368
-
-
Dividends
-
37 132
-
-
withholding
-
9 654
-
-
total
-
9 654
-
-
Income
51 500
51 500
51 500
51 500
Total tax
43 798
24 022
26 232
23 323
After tax
7 702
27 478
25 268
28 177
Living cost
39 593
39 593
39 593
39 593
Free-cash
-31 891
-12 115
-14 325
-11 416

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11689
₽7503
₽8605
₽8770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 619
other
-
-
-
-
surtax
-
-
-
399
unemployment
-
-
-
214
health
-
-
-
3 657
pensions
-
-
-
10 301
total
-
-
-
22 190
Employee
31 029
-
42 545
-
other
-
-
-
-
unemployment
2 160
-
2 961
-
pensions
2 069
-
2 838
-
surtax
101
-
315
-
income
5 201
-
7 137
-
health
792
-
1 086
-
total
10 323
-
14 337
-
Employer
31 029
-
42 545
-
health
1 412
-
1 936
-
pensions
4 136
-
5 671
-
unemployment
983
-
1 348
-
other
-
-
-
-
total
6 531
-
8 955
-
Corporate
13 940
51 500
-
-
income
3 624
13 390
-
-
total
3 624
13 390
-
-
Dividends
10 316
38 110
-
-
withholding
1 547
5 716
-
-
total
1 547
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 025
19 106
23 292
22 190
After tax
29 475
32 394
28 208
29 310
Living cost
20 705
20 705
20 705
20 705
Free-cash
8 770
11 689
7 503
8 605

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4238
-₽9213
-₽4080
-₽15501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
9 685
pensions
-
-
-
3 070
total
-
-
-
12 755
Employee
59 438
-
46 038
-
pensions
5 045
-
3 437
-
income
10 705
-
8 403
-
health
863
-
588
-
total
16 613
-
12 428
-
Employer
59 438
-
46 038
-
health
1 129
-
875
-
pensions
6 434
-
4 585
-
total
7 563
-
5 460
-
Corporate
-
51 500
-
-
income

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

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 176
12 913
17 888
12 755
After tax
27 324
38 587
33 612
38 745
Living cost
42 825
42 825
42 825
42 825
Free-cash
-15 501
-4 238
-9 213
-4 080

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
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.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50536
-₽33003
-₽30317
-₽43458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
other

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

-
-
-
1 029
regional
-
-
-
1 045
health
-
-
-
242
city
-
-
-
540
national
-
-
-
137
pensions
-
-
-
4 738
total
-
-
-
7 731
Employee
86 700
-
46 069
-
unemployment
-
-
-
-
pensions
7 284
-
3 901
-
national
410
-
108
-
regional
2 839
-
885
-
city
930
-
495
-
health
196
-
103
-
total
11 659
-
5 492
-
Employer
86 700
-
46 069
-
health
196
-
103
-
pensions
7 284
-
3 901
-
unemployment
-
-
-
-
other

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

1 733
-
921
-
total
9 213
-
4 925
-
Corporate
-
51 500
-
-
regional
-
10 892
-
-
national
-
4 378
-
-
total
-
15 270
-
-
Dividends
-
36 230
-
-
withholding
-
12 680
-
-
total
-
12 680
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 872
27 950
10 417
7 731
After tax
30 628
23 550
41 083
43 769
Living cost
74 086
74 086
74 086
74 086
Free-cash
-43 458
-50 536
-33 003
-30 317

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17352
-₽3375
-₽4725
-₽4890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 196
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.

-
-
-
285
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.

-
-
-
6 410
trade
-
-
-
1 350
total
-
-
-
13 241
Employee

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

56 390
-
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.

365
-
285
-
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.

6 631
-
5 196
-
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.

6 410
-
6 410
-
total
13 406
-
11 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
7 724
-
-
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.

-
426
-
-
chamber of commerce
-
215
-
-
trade
-
8 832
-
-
total
-
17 197
-
-
Dividends
-
34 303
-
-
surtax

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

-
452
-
-
withholding
-
8 219
-
-
total
-
8 671
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 406
25 868
11 891
13 241
After tax
38 094
25 632
39 609
38 259
Living cost
42 984
42 984
42 984
42 984
Free-cash
-4 890
-17 352
-3 375
-4 725

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6147
-₽676
-₽1188
-₽1200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
other
-
-
-
1 597
surtax
-
-
-
-
social contributions
-
-
-
1 467
health
-
-
-
447
pensions
-
-
-
14 889
total
-
-
-
20 585
Employee
40 158
-
39 244
-
pensions
4 541
-
4 439
-
surtax
-
-
-
-
social contributions
1 145
-
1 118
-
income
2 370
-
2 260
-
total
8 056
-
7 817
-
Employer
40 158
-
39 244
-
health
2 812
-
2 747
-
pensions
6 597
-
6 448
-
unemployment
1 626
-
1 590
-
social contributions
121
-
118
-
other
1 385
-
1 353
-
total
12 541
-
12 256
-
Corporate
-
51 500
-
-
income
-
14 419
-
-
surtax
-
-
-
-
total
-
14 419
-
-
Dividends
-
37 081
-
-
surtax
-
-
-
-
social contributions
-
6 378
-
-
withholding
-
4 747
-
-
total
-
11 125
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 597
25 544
20 073
20 585
After tax
30 903
25 956
31 427
30 915
Living cost
32 103
32 103
32 103
32 103
Free-cash
-1 200
-6 147
-676
-1 188

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2966
₽2505
₽1993
₽2248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
other
-
-
-
1 597
surtax
-
-
-
-
social contributions
-
-
-
1 467
health
-
-
-
447
pensions
-
-
-
14 889
total
-
-
-
20 585
Employee
35 847
-
39 244
-
pensions
4 054
-
4 439
-
surtax
-
-
-
-
social contributions
1 022
-
1 118
-
income
1 848
-
2 260
-
total
6 924
-
7 817
-
Employer
35 847
-
39 244
-
health
2 509
-
2 747
-
pensions
5 890
-
6 448
-
unemployment
1 451
-
1 590
-
social contributions
107
-
118
-
other
1 238
-
1 353
-
total
11 195
-
12 256
-
Corporate
4 459
51 500
-
-
income
1 248
14 419
-
-
surtax
-
-
-
-
total
1 248
14 419
-
-
Dividends
3 210
37 081
-
-
surtax
-
-
-
-
social contributions
552
6 378
-
-
withholding
411
4 747
-
-
total
963
11 125
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 330
25 544
20 073
20 585
After tax
31 170
25 956
31 427
30 915
Living cost
28 922
28 922
28 922
28 922
Free-cash
2 248
-2 966
2 505
1 993

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11522
₽11069
₽13179
₽12013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 724
social contributions
-
-
-
7 106
health
-
-
-
3 595
total
-
-
-
18 425
Employee
31 814
-
51 500
-
social contributions
4 391
-
7 106
-
income
5 306
-
9 834
-
health
2 220
-
3 595
-
total
11 917
-
20 535
-
Employer
31 814
-
51 500
-
total
-
-
-
-
Corporate
19 686
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%.

985
2 575
-
-
total
985
2 575
-
-
Dividends
18 701
48 925
-
-
social contributions
2 580
6 752
-
-
withholding
2 804
7 340
-
-
health
1 305
3 415
-
-
total
6 689
17 507
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 591
20 082
20 535
18 425
After tax
31 909
31 418
30 965
33 075
Living cost
19 896
19 896
19 896
19 896
Free-cash
12 013
11 522
11 069
13 179

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3555
-₽12820
-₽4371
-₽9961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 194
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
207
health
-
-
-
3 940
pensions
-
-
-
9 528
total
-
-
-
22 809
Employee
46 892
37 393
39 846
-
other
468
374
399
-
unemployment
1 407
1 122
1 195
-
pensions
4 802
3 828
4 079
-
income
5 338
2 758
3 319
-
health
1 814
1 448
1 542
-
total
13 829
9 530
10 534
-
Employer
46 892
37 393
39 846
-
chamber of commerce
187
150
160
-
health
1 772
1 414
1 506
-
pensions
5 885
4 694
5 000
-
accident
609
486
518
-
unemployment
1 407
1 122
1 195
-
surtax
185
185
185
-
payroll
1 407
1 122
1 195
-
other
2 228
1 775
1 893
-
total
13 680
10 948
11 652
-
Corporate
3 561
3 561
36 286
-
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.

890
890
9 072
-
total
890
890
9 072
-
Dividends
-
2 270
-
-
withholding
-
625
-
-
total
-
625
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 399
21 993
31 258
22 809
After tax
23 101
29 507
20 242
28 691
Living cost
33 062
33 062
33 062
33 062
Free-cash
-9 961
-3 555
-12 820
-4 371

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5177
-₽11947
-₽6173
-₽35154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 746
social contributions
-
-
-
5 748
national
-
-
-
14 967
total
-
-
-
23 461
Employee

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

67 117
-
39 890
-
unemployment

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

584
-
347
-
communal

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

3 501
-
2 080
-
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.

5 034
-
2 991
-
national
20 635
-
10 332
-
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.

3 153
-
1 875
-
total
32 907
-
17 625
-
Employer

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

67 117
-
39 890
-
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.

4 127
-
2 452
-
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.

5 947
-
3 535
-
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.

872
-
518
-
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.

979
-
582
-
surtax
7 610
-
4 523
-
total
19 535
-
11 610
-
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.

-
11 957
-
-
total
-
11 957
-
-
Income
51 500
51 500
51 500
51 500
Total tax
52 442
22 465
29 235
23 461
After tax
-942
29 035
22 265
28 039
Living cost
34 212
34 212
34 212
34 212
Free-cash
-35 154
-5 177
-11 947
-6 173

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽910
-₽5019
-₽5384
-₽10094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
463
income
-
-
-
7 549
other
-
-
-
52
unemployment
-
-
-
360
pensions
-
-
-
14 574
total
-
-
-
22 998
Employee
46 707
-
39 050
-
other
46
-
39
-
unemployment
725
-
605
-
pensions
2 195
-
1 836
-
income
9 855
-
7 704
-
total
12 821
-
10 184
-
Employer
46 707
-
39 050
-
pensions
11 022
-
9 216
-
accident
924
-
773
-
unemployment
2 569
-
2 147
-
other
372
-
313
-
total
14 887
-
12 449
-
Corporate
-
51 500
-
-
income

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

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 980
-
-
total
-
8 980
-
-
Income
51 500
51 500
51 500
51 500
Total tax
27 708
16 704
22 633
22 998
After tax
23 792
34 796
28 867
28 502
Living cost
33 886
33 886
33 886
33 886
Free-cash
-10 094
910
-5 019
-5 384

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18587
-₽15703
-₽16761
-₽28045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
463
income
-
-
-
1 976
surtax
-
-
-
2 726
health
-
-
-
3 864
pensions
-
-
-
8 241
total
-
-
-
17 270
Employee
71 057
-
46 001
-
pensions
5 684
-
3 681
-
surtax
4 355
-
2 819
-
income
6 863
-
2 165
-
health
3 162
-
2 048
-
total
20 064
-
10 713
-
Employer
71 057
-
46 001
-
health
2 167
-
1 403
-
pensions
5 684
-
3 681
-
accident
639
-
415
-
total
8 490
-
5 499
-
Corporate
-
51 500
-
-
communal
-
3 476
-
-
income
-
7 724
-
-
surtax
-
541
-
-
total
-
11 741
-
-
Dividends
-
39 759
-
-
income
-
1 392
-
-
withholding
-
5 963
-
-
total
-
7 355
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 554
19 096
16 212
17 270
After tax
22 946
32 404
35 288
34 230
Living cost
50 991
50 991
50 991
50 991
Free-cash
-28 045
-18 587
-15 703
-16 761

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11319
₽7133
₽8235
₽8334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 619
other
-
-
-
-
surtax
-
-
-
399
unemployment
-
-
-
214
health
-
-
-
3 657
pensions
-
-
-
10 301
total
-
-
-
22 190
Employee
31 599
-
42 545
-
other
-
-
-
-
unemployment
2 199
-
2 961
-
pensions
2 108
-
2 838
-
surtax
112
-
315
-
income
5 297
-
7 137
-
health
807
-
1 086
-
total
10 523
-
14 337
-
Employer
31 599
-
42 545
-
health
1 437
-
1 936
-
pensions
4 213
-
5 671
-
unemployment
1 002
-
1 348
-
other
-
-
-
-
total
6 652
-
8 955
-
Corporate
13 249
51 500
-
-
income
3 445
13 390
-
-
total
3 445
13 390
-
-
Dividends
9 803
38 110
-
-
withholding
1 471
5 716
-
-
total
1 471
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 091
19 106
23 292
22 190
After tax
29 409
32 394
28 208
29 310
Living cost
21 075
21 075
21 075
21 075
Free-cash
8 334
11 319
7 133
8 235

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1794
-₽256
₽2634
-₽550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
13 246
regional
-
-
-
777
municipal
-
-
-
306
national
-
-
-
9 261
total
-
-
-
23 590
Employee
52 049
-
51 500
-
municipal
276
-
272
-
national
8 246
-
8 148
-
regional
701
-
694
-
social contributions
17 551
-
17 366
-
total
26 774
-
26 480
-
Employer
52 049
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 559
-
-
nationa
-
12 359
-
-
total
-
14 918
-
-
Dividends
-
36 582
-
-
withholding
-
9 512
-
-
total
-
9 512
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 774
24 430
26 480
23 590
After tax
24 726
27 070
25 020
27 910
Living cost
25 276
25 276
25 276
25 276
Free-cash
-550
1 794
-256
2 634

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7103
-₽2220
-₽3271
-₽4376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 426
social contributions
-
-
-
15 038
solidarity contribution
-
-
-
-
health
-
-
-
6 952
total
-
-
-
26 416
Employee
41 699
-
38 433
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
2 498
-
income
5 004
-
4 612
-
health
5 629
-
5 188
-
total
13 343
-
12 298
-
Employer
41 699
-
38 433
-
health
3 753
-
3 459
-
social contributions
10 425
-
9 608
-
total
14 178
-
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
27 521
16 042
25 365
26 416
After tax
23 979
35 458
26 135
25 084
Living cost
28 355
28 355
28 355
28 355
Free-cash
-4 376
7 103
-2 220
-3 271

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽293
-₽9654
-₽1059
-₽2209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 194
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
207
health
-
-
-
3 940
pensions
-
-
-
9 528
total
-
-
-
22 624
Employee
41 016
37 393
39 988
-
other
410
374
401
-
unemployment
1 230
1 122
1 200
-
pensions
4 200
3 828
4 095
-
income
3 654
2 758
3 358
-
health
1 587
1 448
1 547
-
total
11 081
9 530
10 601
-
Employer
41 016
37 393
39 988
-
chamber of commerce
164
150
160
-
health
1 551
1 414
1 512
-
pensions
5 148
4 694
5 018
-
accident
532
486
520
-
unemployment
1 230
1 122
1 200
-
surtax
-
-
-
-
payroll
1 230
1 122
1 200
-
other
1 948
1 775
1 900
-
total
11 803
10 763
11 510
-
Corporate
3 561
3 561
36 429
-
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.

890
890
9 108
-
total
890
890
9 108
-
Dividends
-
2 455
-
-
withholding
-
675
-
-
total
-
675
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 774
21 858
31 219
22 624
After tax
27 726
29 642
20 281
28 876
Living cost
29 935
29 935
29 935
29 935
Free-cash
-2 209
-293
-9 654
-1 059

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37143
₽29418
₽39203
₽34933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
51 500
-
income
2 946
-
10 300
-
total
2 946
-
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%.

36 773
51 500
-
-
total
-
-
-
-
Dividends
36 773
51 500
-
-
withholding
1 839
2 575
-
-
total
1 839
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
11 782
11 782
11 782
11 782
Free-cash
34 933
37 143
29 418
39 203

Estimated living cost  is ₽11782 per week

₽7973
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.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10292
₽1744
₽3333
₽2440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
51 500
income
-
-
-
8 450
unemployment
-
-
-
77
health
-
-
-
5 068
pensions
-
-
-
9 405
total
-
-
-
23 000
Employee

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

41 492
-
44 561
-
unemployment
59
-
62
-
pensions
6 432
-
6 907
-
income
7 155
-
7 802
-
health
2 680
-
2 879
-
total
16 326
-
17 650
-
Employer

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

41 492
-
44 561
-
health
2 764
-
2 968
-
pensions
3 672
-
3 944
-
unemployment
25
-
27
-
total
6 461
-
6 939
-
Corporate
3 548
51 500
-
-
income
675
9 784
-
-
total
675
9 784
-
-
Dividends
2 873
41 716
-
-
withholding
431
6 257
-
-
total
431
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 893
16 041
24 589
23 000
After tax
27 607
35 459
26 911
28 500
Living cost
25 167
25 167
25 167
25 167
Free-cash
2 440
10 292
1 744
3 333

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8747
-₽800
-₽4489
-₽86999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 038
social contributions
-
-
-
5 871
total
-
-
-
15 909
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
20 167
12 220
15 909
After tax
-46 919
31 333
39 280
35 591
Living cost
40 080
40 080
40 080
40 080
Free-cash
-86 999
-8 747
-800
-4 489

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽139
-₽891
₽385
-₽1904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 786
surtax
-
-
-
-
social contributions

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

-
-
-
17 897
total
-
-
-
21 683
Employee
43 155
-
41 616
-
surtax
-
-
-
-
social contributions
4 747
-
4 578
-
income
8 976
-
8 497
-
total
13 723
-
13 075
-
Employer
43 155
-
41 616
-
social contributions
10 249
-
9 884
-
total
10 249
-
9 884
-
Corporate
-
51 500
-
-
income
-
10 815
-
-
surtax
-
-
-
-
total
-
10 815
-
-
Dividends
-
40 685
-
-
withholding
-
11 392
-
-
total
-
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 972
22 207
22 959
21 683
After tax
27 528
29 293
28 541
29 817
Living cost
29 432
29 432
29 432
29 432
Free-cash
-1 904
-139
-891
385

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19363
-₽13892
-₽14404
-₽25622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 185
other
-
-
-
1 597
surtax
-
-
-
-
social contributions
-
-
-
1 467
health
-
-
-
447
pensions
-
-
-
14 889
total
-
-
-
20 585
Employee
58 768
-
39 244
-
pensions
6 647
-
4 439
-
surtax
-
-
-
-
social contributions
1 674
-
1 118
-
income
5 128
-
2 260
-
total
13 449
-
7 817
-
Employer
58 768
-
39 244
-
health
4 113
-
2 747
-
pensions
9 656
-
6 448
-
unemployment
2 381
-
1 590
-
social contributions
176
-
118
-
other
2 028
-
1 353
-
total
18 354
-
12 256
-
Corporate
-
51 500
-
-
income
-
14 419
-
-
surtax
-
-
-
-
total
-
14 419
-
-
Dividends
-
37 081
-
-
surtax
-
-
-
-
social contributions
-
6 378
-
-
withholding
-
4 747
-
-
total
-
11 125
-
-
Income
51 500
51 500
51 500
51 500
Total tax
31 803
25 544
20 073
20 585
After tax
19 697
25 956
31 427
30 915
Living cost
45 319
45 319
45 319
45 319
Free-cash
-25 622
-19 363
-13 892
-14 404

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18145
₽13487
₽11965
₽14992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
30 166
-
44 588
-
income
-
-
-
-
social contributions
1 960
-
2 897
-
total
1 960
-
2 897
-
Employer
30 166
-
44 588
-
social contributions
4 676
-
6 911
-
total
4 676
-
6 911
-
Corporate
16 659
51 500
-
-
income
1 667
5 150
-
-
total
1 667
5 150
-
-
Dividends
14 992
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 303
5 150
9 808
11 330
After tax
43 197
46 350
41 692
40 170
Living cost
28 205
28 205
28 205
28 205
Free-cash
14 992
18 145
13 487
11 965

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽152926
-₽152926
-₽11604
-₽152926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
labour market
-
-
-
4 055
municipal
-
-
-
8 232
national
-
-
-
4 817
pensions
-
-
-
813
total
-
-
-
17 917
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
159 239
159 239
159 239
17 917
After tax
-107 739
-107 739
-107 739
33 583
Living cost
45 187
45 187
45 187
45 187
Free-cash
-152 926
-152 926
-152 926
-11 604

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16467
₽6558
₽14985
₽1005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
240
income
-
-
-
9 244
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
15 876
Employee
32 466
-
42 781
-
pensions
3 656
-
4 817
-
income
4 454
-
5 869
-
health
3 718
-
4 898
-
total
11 828
-
15 584
-
Employer
32 466
-
42 781
-
pensions
5 279
-
6 956
-
accident
542
-
715
-
unemployment
796
-
1 048
-
total
6 617
-
8 719
-
Corporate
12 417
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.

11 175
46 350
-
-
total
11 175
46 350
-
-
Dividends
1 242
5 150
-
-
withholding
236
978
-
-
total
236
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 856
47 328
24 303
15 876
After tax
21 644
4 172
27 197
35 624
Living cost
20 639
20 639
20 639
20 639
Free-cash
1 005
-16 467
6 558
14 985

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽388
-₽4143
₽4231
-₽7183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
health
-
-
-
401
municipal
-
-
-
9 199
national
-
-
-
1 645
total
-
-
-
11 245
Employee
49 366
-
43 325
-
municipal
8 086
-
7 106
-
unemployment
741
-
650
-
pensions
3 332
-
2 924
-
national
816
-
488
-
health
369
-
276
-
total
13 344
-
11 444
-
Employer
49 366
-
43 325
-
health
379
-
333
-
pensions
8 565
-
7 518
-
accident
50
-
43
-
unemployment
321
-
281
-
total
9 315
-
8 175
-
Corporate
-
51 500
-
-
income
-
10 301
-
-
total
-
10 301
-
-
Dividends

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

-
30 899
-
-
municipal
-
5 563
-
-
national
-
-
-
-
total
-
5 563
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 659
15 864
19 619
11 245
After tax
28 841
35 636
31 881
40 255
Living cost
36 024
36 024
36 024
36 024
Free-cash
-7 183
-388
-4 143
4 231

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽8559
₽12916
₽18941
₽11110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 487
social contributions
-
-
-
8 034
health
-
-
-
1 314
total
-
-
-
10 835
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
3 880
-
income
7 856
6 679
7 441
-
health
559
1 227
794
-
total
11 143
13 894
12 115
-
Employer
72 151
72 151
72 151
-
health
607
1 335
865
-
social contributions
2 728
5 988
3 880
-
total
3 335
7 323
4 745
-
Corporate
15 298
-
-
-
income
1 912
-
-
-
total
1 912
-
-
-
Dividends
13 385
-
-
-
withholding
2 276
-
-
-
total
2 276
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 666
21 217
16 860
10 835
After tax
32 834
30 283
34 640
40 665
Living cost
21 724
21 724
21 724
21 724
Free-cash
11 110
8 559
12 916
18 941

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27750
₽17016
₽22911
₽22978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
51 500
income
-
-
-
4 300
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
13 692
Employee

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

21 537
-
46 691
-
unemployment
107
-
233
-
pensions
3 230
-
7 003
-
income
1 473
-
3 572
-
health
1 830
-
3 969
-
total
6 640
-
14 777
-
Employer

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

21 537
-
46 691
-
health
926
-
2 009
-
pensions
1 184
-
2 568
-
unemployment
107
-
233
-
total
2 217
-
4 810
-
Corporate
27 746
51 500
-
-
income
2 496
4 635
-
-
total
2 496
4 635
-
-
Dividends
25 249
46 865
-
-
withholding
2 272
4 218
-
-
total
2 272
4 218
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 625
8 853
19 587
13 692
After tax
37 875
42 647
31 913
37 808
Living cost
14 897
14 897
14 897
14 897
Free-cash
22 978
27 750
17 016
22 911

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8994
₽3065
₽2700
₽3955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
463
income
-
-
-
7 549
other
-
-
-
52
unemployment
-
-
-
360
pensions
-
-
-
14 574
total
-
-
-
22 998
Employee
34 695
-
39 050
-
other
34
-
39
-
unemployment
538
-
605
-
pensions
1 631
-
1 836
-
income
6 689
-
7 704
-
total
8 892
-
10 184
-
Employer
34 695
-
39 050
-
pensions
8 187
-
9 216
-
accident
687
-
773
-
unemployment
1 909
-
2 147
-
other
278
-
313
-
total
11 061
-
12 449
-
Corporate
5 744
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.

862
7 724
-
-
total
862
7 724
-
-
Dividends
4 882
43 776
-
-
withholding
928
8 980
-
-
total
928
8 980
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 743
16 704
22 633
22 998
After tax
29 757
34 796
28 867
28 502
Living cost
25 802
25 802
25 802
25 802
Free-cash
3 955
8 994
3 065
2 700

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30236
₽30324
₽30459
₽29924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 750
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
19 141
Employee
2 894
-
49 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
16 677
-
health
145
-
347
-
total
994
-
17 717
-
Employer
2 894
-
49 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
47 954
51 500
-
-
income
10 550
11 330
-
-
total
10 550
11 330
-
-
Dividends
37 404
40 170
-
-
withholding
7 481
8 034
-
-
total
7 481
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 676
19 364
19 276
19 141
After tax
31 824
32 136
32 224
32 359
Living cost
1 900
1 900
1 900
1 900
Free-cash
29 924
30 236
30 324
30 459

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21013
₽11568
₽9354
₽16404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
51 500
income
-
-
-
6 484
unemployment
-
-
-
772
health
-
-
-
5 304
pensions
-
-
-
13 390
total
-
-
-
25 950
Employee

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

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

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

24 423
-
43 681
-
unemployment
183
-
328
-
pensions
3 419
-
6 115
-
income
3 367
-
7 223
-
health
1 258
-
2 250
-
total
8 227
-
15 916
-
Employer

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

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

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

24 423
-
43 681
-
health
1 258
-
2 250
-
pensions
2 931
-
5 242
-
unemployment
183
-
328
-
total
4 372
-
7 820
-
Corporate
22 705
51 500
-
-
income
3 406
7 725
-
-
total
3 406
7 725
-
-
Dividends
19 299
43 775
-
-
withholding
2 895
6 566
-
-
total
2 895
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 900
14 291
23 736
25 950
After tax
32 600
37 209
27 764
25 550
Living cost
16 196
16 196
16 196
16 196
Free-cash
16 404
21 013
11 568
9 354

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3997
₽3245
₽4521
₽3660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
3 786
surtax
-
-
-
-
social contributions

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

-
-
-
17 897
total
-
-
-
21 683
Employee
36 418
-
41 616
-
surtax
-
-
-
-
social contributions
4 006
-
4 578
-
income
7 116
-
8 497
-
total
11 122
-
13 075
-
Employer
36 418
-
41 616
-
social contributions
8 648
-
9 884
-
total
8 648
-
9 884
-
Corporate
6 434
51 500
-
-
income
1 351
10 815
-
-
surtax
-
-
-
-
total
1 351
10 815
-
-
Dividends
5 082
40 685
-
-
withholding
1 423
11 392
-
-
total
1 423
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 544
22 207
22 959
21 683
After tax
28 956
29 293
28 541
29 817
Living cost
25 296
25 296
25 296
25 296
Free-cash
3 660
3 997
3 245
4 521

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1820
-₽4109
-₽4474
-₽8265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
463
income
-
-
-
7 549
other
-
-
-
52
unemployment
-
-
-
360
pensions
-
-
-
14 574
total
-
-
-
22 998
Employee
45 316
-
39 050
-
other
45
-
39
-
unemployment
702
-
605
-
pensions
2 130
-
1 836
-
income
9 465
-
7 704
-
total
12 342
-
10 184
-
Employer
45 316
-
39 050
-
pensions
10 694
-
9 216
-
accident
897
-
773
-
unemployment
2 493
-
2 147
-
other
363
-
313
-
total
14 447
-
12 449
-
Corporate
-
51 500
-
-
income

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

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 980
-
-
total
-
8 980
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 789
16 704
22 633
22 998
After tax
24 711
34 796
28 867
28 502
Living cost
32 976
32 976
32 976
32 976
Free-cash
-8 265
1 820
-4 109
-4 474

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27896
₽19683
₽18889
₽22178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 725
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
16 474
Employee
21 368
-
45 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
4 507
-
health
983
-
1 507
-
total
5 231
-
9 251
-
Employer
21 368
-
45 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
25 940
51 500
-
-
income
2 594
5 150
-
-
total
2 594
5 150
-
-
Dividends
23 346
46 350
-
-
withholding
1 167
2 317
-
-
total
1 167
2 317
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 185
7 467
15 680
16 474
After tax
38 315
44 033
35 820
35 026
Living cost
16 137
16 137
16 137
16 137
Free-cash
22 178
27 896
19 683
18 889

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
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.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9533
₽3384
₽2253
₽2741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 196
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.

-
-
-
285
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.

-
-
-
6 410
trade
-
-
-
1 131
total
-
-
-
13 022
Employee

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

46 686
-
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.

212
-
285
-
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.

3 839
-
5 196
-
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.

6 410
-
6 410
-
total
10 461
-
11 891
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 814
51 500
-
-
income
721
7 724
-
-
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.

39
426
-
-
chamber of commerce
150
217
-
-
trade
691
7 390
-
-
total
1 601
15 757
-
-
Dividends
3 213
35 743
-
-
surtax

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

25
472
-
-
withholding
447
8 579
-
-
total
472
9 051
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 534
24 808
11 891
13 022
After tax
38 966
26 692
39 609
38 478
Living cost
36 225
36 225
36 225
36 225
Free-cash
2 741
-9 533
3 384
2 253

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17400
-₽13003
-₽13003
-₽21898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
7 363
social contributions
-
-
-
3 690
total
-
-
-
11 053
Employee
73 396
-
51 500
-
income
13 850
-
7 363
-
social contributions
6 098
-
3 690
-
total
19 948
-
11 053
-
Employer
73 396
-
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
19 948
15 450
11 053
11 053
After tax
31 552
36 050
40 447
40 447
Living cost
53 450
53 450
53 450
53 450
Free-cash
-21 898
-17 400
-13 003
-13 003

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5543
₽3102
-₽14957
-₽108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
51 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
47 184
-
income
4 671
-
5 705
-
social contributions
4 313
-
4 316
-
total
8 984
-
10 021
-
Employer
43 044
-
47 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
4 143
51 500
-
-
income
1 449
18 025
-
-
total
1 449
18 025
-
-
Dividends
2 694
33 475
-
-
social contributions
2 801
4 957
-
-
total
2 801
4 957
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 547
22 982
14 337
32 396
After tax
33 953
28 518
37 163
19 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
-108
-5 543
3 102
-14 957

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3772
-₽1203
₽3930
-₽2025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
income
-
-
-
9 685
pensions
-
-
-
3 070
total
-
-
-
12 755
Employee
47 789
-
46 038
-
pensions
3 648
-
3 437
-
income
8 703
-
8 403
-
health
623
-
588
-
total
12 974
-
12 428
-
Employer
47 789
-
46 038
-
health
908
-
875
-
pensions
4 828
-
4 585
-
total
5 736
-
5 460
-
Corporate
-
51 500
-
-
income

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

-
9 784
-
-
total
-
9 784
-
-
Dividends
-
41 716
-
-
withholding
-
3 129
-
-
total
-
3 129
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 710
12 913
17 888
12 755
After tax
32 790
38 587
33 612
38 745
Living cost
34 815
34 815
34 815
34 815
Free-cash
-2 025
3 772
-1 203
3 930

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18510
₽4515
₽12942
₽693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
accident
-
-
-
240
income
-
-
-
9 244
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
15 876
Employee
35 680
-
42 781
-
pensions
4 018
-
4 817
-
income
4 895
-
5 869
-
health
4 085
-
4 898
-
total
12 998
-
15 584
-
Employer
35 680
-
42 781
-
pensions
5 801
-
6 956
-
accident
596
-
715
-
unemployment
874
-
1 048
-
total
7 271
-
8 719
-
Corporate
8 549
51 500
-
-
income

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

7 694
46 350
-
-
total
7 694
46 350
-
-
Dividends
855
5 150
-
-
withholding
162
978
-
-
total
162
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 125
47 328
24 303
15 876
After tax
23 375
4 172
27 197
35 624
Living cost
22 682
22 682
22 682
22 682
Free-cash
693
-18 510
4 515
12 942

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31098
₽17891
₽17891
₽26535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
income
-
-
-
6 770
unemployment
-
-
-
618
work injury
-
-
-
257
health insurance
-
-
-
3 811
pensions
-
-
-
9 476
total
-
-
-
20 932
Employee

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

20 283
-
51 500
-
health insurance
1 501
-
3 811
-
unemployment
243
-
618
-
work injury
101
-
257
-
pensions
3 732
-
9 476
-
income
2 028
-
6 770
-
total
7 605
-
20 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 217
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
31 217
51 500
-
-
withholding
4 683
7 725
-
-
total
4 683
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 288
7 725
20 932
20 932
After tax
39 212
43 775
30 568
30 568
Living cost
12 677
12 677
12 677
12 677
Free-cash
26 535
31 098
17 891
17 891

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
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.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10253
-₽12367
-₽9508
-₽27569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
social contributions
-
-
-
13 246
regional
-
-
-
777
municipal
-
-
-
344
national
-
-
-
9 261
total
-
-
-
23 628
Employee
79 067
-
51 500
-
municipal
472
-
308
-
national
13 362
-
8 148
-
regional
1 194
-
665
-
social contributions
26 661
-
17 366
-
total
41 689
-
26 487
-
Employer
79 067
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
municipal
-
2 482
-
-
nationa
-
12 359
-
-
total
-
14 841
-
-
Dividends
-
36 659
-
-
withholding
-
9 532
-
-
total
-
9 532
-
-
Income
51 500
51 500
51 500
51 500
Total tax
41 689
24 373
26 487
23 628
After tax
9 811
27 127
25 013
27 872
Living cost
37 380
37 380
37 380
37 380
Free-cash
-27 569
-10 253
-12 367
-9 508

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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