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
-₽4591
₽6649
₽8450
₽9121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
671
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.

-
-
-
4 419
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.

-
-
-
6 941
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.

-
-
-
243
total
-
-
-
12 274
Employee

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

38 862
-
51 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

60
-
243
-
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.

1 086
-
4 419
-
total
8 087
-
11 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 638
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.

104
424
-
-
income
1 895
7 724
-
-
trade
1 990
8 112
-
-
chamber of commerce
172
228
-
-
total
4 161
16 488
-
-
Dividends
8 477
35 012
-
-
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.

94
461
-
-
withholding
1 733
8 366
-
-
total
1 827
8 827
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 075
25 315
11 603
12 274
After tax
37 425
26 185
39 897
39 226
Living cost
30 776
30 776
30 776
30 776
Free-cash
6 649
-4 591
9 121
8 450

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19131
-₽35185
-₽18599
-₽18194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
4 745
pensions
-
-
-
6 180
national
-
-
-
7 353
social contributions
-
-
-
554
total
-
-
-
18 832
Employee
79 474
-
44 521
-
municipal
9 816
-
4 944
-
pensions
3 179
-
1 781
-
national
15 211
-
7 661
-
total
28 206
-
14 386
-
Employer
79 474
-
44 521
-
social contributions
854
-
479
-
pensions
6 358
-
3 562
-
total
7 212
-
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
35 418
19 364
18 427
18 832
After tax
16 082
32 136
33 073
32 668
Living cost
51 267
51 267
51 267
51 267
Free-cash
-35 185
-19 131
-18 194
-18 599

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20062
₽11728
₽19439
₽8411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
7 724
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.

-
-
-
3 199
total
-
-
-
10 923
Employee
29 690
-
41 502
-
social contributions

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

3 266
-
4 566
-
surtax
-
-
-
-
income
5 285
-
7 387
-
total
8 551
-
11 953
-
Employer
29 690
-
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.

7 152
-
9 998
-
surtax
-
-
-
-
total
7 152
-
9 998
-
Corporate
14 659
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%.

2 931
10 300
-
-
total
2 931
10 300
-
-
Dividends

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

11 728
41 200
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 634
10 300
21 951
10 923
After tax
32 866
41 200
29 549
40 577
Living cost
21 138
21 138
21 138
21 138
Free-cash
11 728
20 062
8 411
19 439

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43693
-₽49396
-₽13051
-₽49396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 812
pensions
-
-
-
9 271
health
-
-
-
7 904
total
-
-
-
21 987
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
58 332
52 629
58 332
21 987
After tax
-6 832
-1 129
-6 832
29 513
Living cost
42 564
42 564
42 564
42 564
Free-cash
-49 396
-43 693
-49 396
-13 051

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11023
-₽21798
-₽13469
-₽11641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
10 908
accident
-
-
-
103
pensions
-
-
-
5 567
other
-
-
-
5 984
unemployment
-
-
-
51
health
-
-
-
3 214
national
-
-
-
-
total
-
-
-
25 827
Employee
55 773
-
39 187
-
municipal
16 632
-
11 686
-
national
-
-
-
-
total
16 632
-
11 686
-
Employer
55 773
-
39 187
-
accident
112
-
78
-
other
6 481
-
4 554
-
unemployment
1 472
-
1 035
-
pensions
6 029
-
4 236
-
health
3 430
-
2 410
-
total
17 524
-
12 313
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
withholding
-
12 051
-
-
total
-
12 051
-
-
Income
51 500
51 500
51 500
51 500
Total tax
34 156
23 381
23 999
25 827
After tax
17 344
28 119
27 501
25 673
Living cost
39 142
39 142
39 142
39 142
Free-cash
-21 798
-11 023
-11 641
-13 469

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13996
-₽26
-₽718
-₽18
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
700
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.

-
-
-
4 419
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.

-
-
-
6 941
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.

-
-
-
243
total
-
-
-
12 303
Employee

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

51 527
-
51 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

243
-
243
-
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.

4 427
-
4 419
-
total
11 611
-
11 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
surtax

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

-
424
-
-
income
-
7 724
-
-
trade
-
8 472
-
-
chamber of commerce
-
228
-
-
total
-
16 848
-
-
Dividends
-
34 652
-
-
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.

-
455
-
-
withholding
-
8 278
-
-
total
-
8 733
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 611
25 581
11 603
12 303
After tax
39 889
25 919
39 897
39 197
Living cost
39 915
39 915
39 915
39 915
Free-cash
-26
-13 996
-18
-718

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4432
₽814
₽8286
₽948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
910
health
-
-
-
1 313
social contributions
-
-
-
8 035
total
-
-
-
10 258
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
3 881
-
health
777
1 329
794
-
income
8 204
7 233
8 174
-
total
12 778
15 046
12 849
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
3 881
-
health
846
1 446
866
-
total
4 643
7 930
4 747
-
Corporate
1 123
-
-
-
income
141
-
-
-
total
141
-
-
-
Dividends
982
-
-
-
withholding
168
-
-
-
total
168
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 730
22 976
17 596
10 258
After tax
33 770
28 524
33 904
41 242
Living cost
32 956
32 956
32 956
32 956
Free-cash
814
-4 432
948
8 286

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10794
₽11179
₽17275
₽11452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 150
unemployment
-
-
-
772
health
-
-
-
3 605
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.

26 564
10 572
43 096
-
health
1 859
740
3 017
-
income
3 247
1 292
5 269
-
pensions
2 656
1 057
4 310
-
unemployment
398
159
646
-
total
8 160
3 248
13 242
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
43 096
-
pensions
5 180
2 062
8 404
-
total
5 180
2 062
8 404
-
Corporate
19 756
38 866
-
-
income
1 778
3 498
-
-
total
1 778
3 498
-
-
Dividends
17 978
35 368
-
-
social contributions
3 385
6 776
-
-
withholding
3 416
6 720
-
-
total
6 801
13 496
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 919
22 304
21 646
15 823
After tax
29 581
29 196
29 854
35 677
Living cost
18 402
18 402
18 402
18 402
Free-cash
11 179
10 794
11 452
17 275

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16658
₽10347
₽4628
₽6419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 337
pensions
-
-
-
10 298
health
-
-
-
6 695
total
-
-
-
22 330
Employee
28 824
-
38 491
-
income
3 245
-
6 145
-
pensions
577
-
769
-
unemployment
461
-
615
-
total
4 283
-
7 529
-
Employer
28 824
-
38 491
-
unemployment
231
-
309
-
pensions
5 765
-
7 697
-
health
3 746
-
5 004
-
total
9 742
-
13 010
-
Corporate
12 933
51 500
-
-
income
2 586
10 300
-
-
total
2 586
10 300
-
-
Dividends
10 347
41 200
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
16 611
10 300
20 539
22 330
After tax
34 889
41 200
30 961
29 170
Living cost
24 542
24 542
24 542
24 542
Free-cash
10 347
16 658
6 419
4 628

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18019
₽767
₽13469
₽5008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
8 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 841
Employee
34 905
-
42 781
-
health
3 997
-
4 898
-
income
4 789
-
5 869
-
pensions
3 930
-
4 817
-
total
12 716
-
15 584
-
Employer
34 905
-
42 781
-
accident
583
-
714
-
unemployment
855
-
1 048
-
pensions
5 676
-
6 956
-
total
7 114
-
8 718
-
Corporate
9 481
51 500
-
-
income

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

8 533
46 350
-
-
total
8 533
46 350
-
-
Dividends
948
5 150
-
-
withholding
180
979
-
-
total
180
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 543
47 329
24 302
15 841
After tax
22 957
4 171
27 198
35 659
Living cost
22 190
22 190
22 190
22 190
Free-cash
767
-18 019
5 008
13 469

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽39663
₽37927
₽41723
₽31938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
51 500
-
income
2 315
-
10 300
-
total
2 315
-
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%.

39 923
51 500
-
-
total
-
-
-
-
Dividends
39 923
51 500
-
-
withholding
1 996
2 575
-
-
total
1 996
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 311
2 575
10 300
515
After tax
47 189
48 925
41 200
50 985
Living cost
9 262
9 262
9 262
9 262
Free-cash
37 927
39 663
31 938
41 723

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10763
₽3904
₽811
₽3113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 540
pensions

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

-
-
-
12 362
other
-
-
-
2 447
health
-
-
-
2 266
total
-
-
-
23 615
Employee
36 892
-
41 134
-
health
517
-
577
-
income
6 351
-
7 080
-
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.

2 582
-
2 879
-
unemployment
368
-
411
-
total
9 818
-
10 947
-
Employer
36 892
-
41 134
-
accident
295
-
330
-
other
1 845
-
2 055
-
unemployment
368
-
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.

6 272
-
6 993
-
health
517
-
577
-
total
9 297
-
10 366
-
Corporate
5 310
51 500
-
-
income
1 114
10 815
-
-
total
1 114
10 815
-
-
Dividends
4 196
40 685
-
-
withholding
293
2 848
-
-
total
293
2 848
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 522
13 663
21 313
23 615
After tax
30 978
37 837
30 187
27 885
Living cost
27 074
27 074
27 074
27 074
Free-cash
3 904
10 763
3 113
811

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29809
-₽58536
-₽29539
-₽34513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 714
pensions
-
-
-
2 928
total
-
-
-
12 642
Employee
96 771
-
46 178
-
health
1 595
-
559
-
income
17 444
-
8 471
-
pensions
9 336
-
3 264
-
total
28 375
-
12 294
-
Employer
96 771
-
46 178
-
pensions
11 426
-
4 444
-
health
1 838
-
878
-
total
13 264
-
5 322
-
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
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
41 639
12 912
17 616
12 642
After tax
9 861
38 588
33 884
38 858
Living cost
68 397
68 397
68 397
68 397
Free-cash
-58 536
-29 809
-34 513
-29 539

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30710
₽25991
₽20976
₽21623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
17 202
Employee
17 640
-
44 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
4 453
-
pensions

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

1 549
-
3 116
-
total
4 318
-
9 592
-
Employer
17 640
-
44 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
30 398
51 500
-
-
income
3 040
5 150
-
-
total
3 040
5 150
-
-
Dividends
27 359
46 350
-
-
withholding
1 368
2 318
-
-
total
1 368
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 187
7 468
16 555
17 202
After tax
39 313
44 032
34 945
34 298
Living cost
13 322
13 322
13 322
13 322
Free-cash
25 991
30 710
21 623
20 976

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57471
-₽59195
-₽26829
-₽63174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 812
pensions
-
-
-
9 271
health
-
-
-
7 904
total
-
-
-
21 987
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
54 353
52 629
58 332
21 987
After tax
-2 853
-1 129
-6 832
29 513
Living cost
56 342
56 342
56 342
56 342
Free-cash
-59 195
-57 471
-63 174
-26 829

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11184
₽2523
₽809
₽1861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 953
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 038
total
-
-
-
26 417
Employee
35 696
-
38 433
-
social contributions
2 320
-
2 498
-
health
4 819
-
5 188
-
solidarity contribution
-
-
-
-
income
4 284
-
4 612
-
total
11 423
-
12 298
-
Employer
35 696
-
38 433
-
social contributions
8 924
-
9 608
-
health
3 213
-
3 459
-
total
12 137
-
13 067
-
Corporate
3 667
51 500
-
-
income
697
9 785
-
-
total
697
9 785
-
-
Dividends
2 970
41 715
-
-
withholding
446
6 257
-
-
total
446
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 703
16 042
25 365
26 417
After tax
26 797
35 458
26 135
25 083
Living cost
24 274
24 274
24 274
24 274
Free-cash
2 523
11 184
1 861
809

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15397
-₽38801
-₽14602
-₽17512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
307
regional
-
-
-
502
national
-
-
-
9 172
social contributions
-
-
-
13 247
total
-
-
-
23 228
Employee
90 301
-
51 500
-
social contributions
30 450
-
17 365
-
regional
852
-
439
-
municipal
478
-
274
-
national
15 647
-
8 060
-
total
47 427
-
26 138
-
Employer
90 301
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 009
-
-
total
-
14 369
-
-
Dividends
-
37 131
-
-
withholding
-
9 654
-
-
total
-
9 654
-
-
Income
51 500
51 500
51 500
51 500
Total tax
47 427
24 023
26 138
23 228
After tax
4 073
27 477
25 362
28 272
Living cost
42 874
42 874
42 874
42 874
Free-cash
-38 801
-15 397
-17 512
-14 602

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9973
₽6811
₽7116
₽5832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 462
pensions
-
-
-
10 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 658
surtax
-
-
-
312
total
-
-
-
21 963
Employee
33 601
-
42 546
-
other
-
-
-
-
health
858
-
1 084
-
surtax
110
-
276
-
income
5 632
-
7 132
-
pensions
2 241
-
2 838
-
unemployment
2 339
-
2 962
-
total
11 180
-
14 292
-
Employer
33 601
-
42 546
-
other
-
-
-
-
unemployment
1 064
-
1 348
-
pensions
4 479
-
5 671
-
health
1 529
-
1 936
-
total
7 072
-
8 955
-
Corporate
10 827
51 500
-
-
income
2 815
13 389
-
-
total
2 815
13 389
-
-
Dividends
8 012
38 111
-
-
withholding
1 201
5 717
-
-
total
1 201
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 268
19 106
23 247
21 963
After tax
29 232
32 394
28 253
29 537
Living cost
22 421
22 421
22 421
22 421
Free-cash
6 811
9 973
5 832
7 116

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8139
-₽21605
-₽7869
-₽12843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 714
pensions
-
-
-
2 928
total
-
-
-
12 642
Employee
64 853
-
46 178
-
health
941
-
559
-
income
11 680
-
8 471
-
pensions
5 505
-
3 264
-
total
18 126
-
12 294
-
Employer
64 853
-
46 178
-
pensions
7 020
-
4 444
-
health
1 232
-
878
-
total
8 252
-
5 322
-
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
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 378
12 912
17 616
12 642
After tax
25 122
38 588
33 884
38 858
Living cost
46 727
46 727
46 727
46 727
Free-cash
-21 605
-8 139
-12 843
-7 869

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54076
-₽47996
-₽33820
-₽36634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
540
pensions
-
-
-
4 739
other

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

-
-
-
1 031
regional
-
-
-
1 003
health
-
-
-
253
national
-
-
-
128
total
-
-
-
7 694
Employee
90 843
-
45 995
-
city
975
-
492
-
regional
2 975
-
841
-
health
205
-
104
-
pensions
7 632
-
3 976
-
unemployment
-
-
-
-
national
430
-
96
-
total
12 217
-
5 509
-
Employer
90 843
-
45 995
-
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.

1 816
-
919
-
unemployment
-
-
-
-
pensions
7 632
-
3 976
-
health
205
-
104
-
total
9 653
-
4 999
-
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
21 870
27 950
10 508
7 694
After tax
29 630
23 550
40 992
43 806
Living cost
77 626
77 626
77 626
77 626
Free-cash
-47 996
-54 076
-36 634
-33 820

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20893
-₽9563
-₽7380
-₽6649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
731
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.

-
-
-
4 419
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.

-
-
-
6 941
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.

-
-
-
243
total
-
-
-
12 334
Employee

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

61 064
-
51 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

395
-
243
-
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.

7 181
-
4 419
-
total
14 517
-
11 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
51 500
-
-
surtax

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

-
424
-
-
income
-
7 724
-
-
trade
-
8 833
-
-
chamber of commerce
-
228
-
-
total
-
17 209
-
-
Dividends
-
34 291
-
-
surtax

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

-
451
-
-
withholding
-
8 187
-
-
total
-
8 638
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 517
25 847
11 603
12 334
After tax
36 983
25 653
39 897
39 166
Living cost
46 546
46 546
46 546
46 546
Free-cash
-9 563
-20 893
-6 649
-7 380

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8805
-₽5566
-₽3746
-₽3129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 963
pensions
-
-
-
15 011
other
-
-
-
1 597
health
-
-
-
445
surtax
-
-
-
-
social contributions
-
-
-
1 467
total
-
-
-
20 483
Employee
43 486
-
39 245
-
social contributions
1 240
-
1 118
-
surtax
-
-
-
-
income
2 566
-
2 054
-
pensions
4 917
-
4 437
-
total
8 723
-
7 609
-
Employer
43 486
-
39 245
-
other
1 500
-
1 354
-
social contributions
131
-
118
-
unemployment
1 760
-
1 589
-
pensions
7 144
-
6 448
-
health
3 045
-
2 748
-
total
13 580
-
12 257
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
14 421
-
-
total
-
14 421
-
-
Dividends
-
37 079
-
-
surtax
-
-
-
-
social contributions
-
6 376
-
-
withholding
-
4 745
-
-
total
-
11 121
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 303
25 542
19 866
20 483
After tax
29 197
25 958
31 634
31 017
Living cost
34 763
34 763
34 763
34 763
Free-cash
-5 566
-8 805
-3 129
-3 746

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5361
₽284
-₽302
₽315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 963
pensions
-
-
-
15 011
other
-
-
-
1 597
health
-
-
-
445
surtax
-
-
-
-
social contributions
-
-
-
1 467
total
-
-
-
20 483
Employee
38 817
-
39 245
-
social contributions
1 107
-
1 118
-
surtax
-
-
-
-
income
2 001
-
2 054
-
pensions
4 390
-
4 437
-
total
7 498
-
7 609
-
Employer
38 817
-
39 245
-
other
1 340
-
1 354
-
social contributions
116
-
118
-
unemployment
1 571
-
1 589
-
pensions
6 378
-
6 448
-
health
2 717
-
2 748
-
total
12 122
-
12 257
-
Corporate
560
51 500
-
-
surtax
-
-
-
-
income
156
14 421
-
-
total
156
14 421
-
-
Dividends
404
37 079
-
-
surtax
-
-
-
-
social contributions
69
6 376
-
-
withholding
52
4 745
-
-
total
121
11 121
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 897
25 542
19 866
20 483
After tax
31 603
25 958
31 634
31 017
Living cost
31 319
31 319
31 319
31 319
Free-cash
284
-5 361
315
-302

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9875
₽10404
₽11530
₽9586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 594
social contributions
-
-
-
7 107
total
-
-
-
18 425
Employee
34 451
-
51 500
-
social contributions
4 755
-
7 107
-
health
2 404
-
3 594
-
income
5 746
-
9 668
-
total
12 905
-
20 369
-
Employer
34 451
-
51 500
-
total
-
-
-
-
Corporate
17 049
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%.

852
2 574
-
-
total
852
2 574
-
-
Dividends
16 197
48 926
-
-
health
1 130
3 415
-
-
social contributions
2 235
6 752
-
-
withholding
2 429
7 339
-
-
total
5 794
17 506
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 551
20 080
20 369
18 425
After tax
31 949
31 420
31 131
33 075
Living cost
21 545
21 545
21 545
21 545
Free-cash
10 404
9 875
9 586
11 530

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7442
-₽15054
-₽7054
-₽15219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
chamber of commerce
-
-
-
206
income
-
-
-
2 647
pensions
-
-
-
9 527
unemployment
-
-
-
6 232
health
-
-
-
3 939
surtax
-
-
-
201
total
-
-
-
22 752
Employee
50 778
40 492
40 492
-
other
507
405
397
-
health
1 965
1 568
1 541
-
income
5 781
2 987
3 020
-
pensions
5 200
4 146
4 076
-
unemployment
1 523
1 215
1 194
-
total
14 976
10 321
10 228
-
Employer
50 778
40 492
40 492
-
accident
659
526
517
-
other
2 412
1 922
1 917
-
chamber of commerce
202
162
162
-
unemployment
1 523
1 215
1 194
-
surtax
201
201
201
-
pensions
6 373
5 083
4 994
-
payroll
1 523
1 215
1 215
-
health
1 919
1 531
1 504
-
total
14 812
11 855
11 704
-
Corporate
3 856
3 856
35 942
-
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.

964
964
8 985
-
total
964
964
8 985
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 752
23 140
30 917
22 752
After tax
20 748
28 360
20 583
28 748
Living cost
35 802
35 802
35 802
35 802
Free-cash
-15 054
-7 442
-15 219
-7 054

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7981
-₽42337
-₽8336
-₽14489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
national
-
-
-
14 690
communal

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

-
-
-
2 771
social contributions
-
-
-
5 328
total
-
-
-
22 789
Employee

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

72 680
-
39 889
-
communal

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

3 791
-
2 080
-
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.

3 415
-
1 874
-
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.

5 451
-
2 993
-
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.

632
-
347
-
national
22 345
-
10 037
-
total
35 634
-
17 331
-
Employer

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

72 680
-
39 889
-
accident

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

945
-
519
-
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.

1 060
-
582
-
surtax
8 241
-
4 523
-
pensions

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

6 440
-
3 534
-
health

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

4 470
-
2 453
-
total
21 156
-
11 611
-
Corporate
-
51 500
-
-
surtax
-
206
-
-
income
-
10 300
-
-
total
-
10 506
-
-
Dividends
-
40 993
-
-
withholding

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

-
11 928
-
-
total
-
11 928
-
-
Income
51 500
51 500
51 500
51 500
Total tax
56 790
22 434
28 942
22 789
After tax
-5 290
29 066
22 558
28 711
Living cost
37 047
37 047
37 047
37 047
Free-cash
-42 337
-7 981
-14 489
-8 336

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1880
-₽15198
-₽8096
-₽7701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 451
pensions
-
-
-
14 575
other
-
-
-
52
unemployment
-
-
-
361
total
-
-
-
22 902
Employee
50 577
-
39 048
-
other
50
-
39
-
income
10 671
-
7 577
-
pensions
2 377
-
1 836
-
unemployment
785
-
605
-
total
13 883
-
10 057
-
Employer
50 577
-
39 048
-
accident
1 001
-
773
-
other
403
-
314
-
unemployment
2 782
-
2 148
-
pensions
11 935
-
9 215
-
total
16 121
-
12 450
-
Corporate
-
51 500
-
-
income

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

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 962
-
-
total
-
8 962
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 004
16 686
22 507
22 902
After tax
21 496
34 814
28 993
28 598
Living cost
36 694
36 694
36 694
36 694
Free-cash
-15 198
-1 880
-7 701
-8 096

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22813
-₽34638
-₽20713
-₽20090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 705
pensions
-
-
-
8 239
health
-
-
-
3 864
surtax
-
-
-
2 725
communal
-
-
-
-
total
-
-
-
16 996
Employee
76 946
-
45 721
-
health
3 424
-
2 152
-
surtax
4 716
-
2 778
-
income
7 432
-
1 796
-
pensions
6 155
-
3 868
-
total
21 727
-
10 594
-
Employer
76 946
-
45 721
-
accident
692
-
436
-
pensions
6 155
-
3 868
-
health
2 347
-
1 475
-
total
9 194
-
5 779
-
Corporate
-
51 500
-
-
surtax
-
540
-
-
communal
-
3 476
-
-
income
-
7 724
-
-
total
-
11 740
-
-
Dividends
-
39 759
-
-
income
-
1 392
-
-
withholding
-
5 964
-
-
total
-
7 356
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 921
19 096
16 373
16 996
After tax
20 579
32 404
35 127
34 504
Living cost
55 217
55 217
55 217
55 217
Free-cash
-34 638
-22 813
-20 090
-20 713

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9572
₽6342
₽6715
₽5431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 462
pensions
-
-
-
10 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 658
surtax
-
-
-
312
total
-
-
-
21 963
Employee
34 217
-
42 546
-
other
-
-
-
-
health
873
-
1 084
-
surtax
121
-
276
-
income
5 736
-
7 132
-
pensions
2 283
-
2 838
-
unemployment
2 381
-
2 962
-
total
11 394
-
14 292
-
Employer
34 217
-
42 546
-
other
-
-
-
-
unemployment
1 086
-
1 348
-
pensions
4 562
-
5 671
-
health
1 556
-
1 936
-
total
7 204
-
8 955
-
Corporate
10 079
51 500
-
-
income
2 620
13 389
-
-
total
2 620
13 389
-
-
Dividends
7 459
38 111
-
-
withholding
1 118
5 717
-
-
total
1 118
5 717
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 336
19 106
23 247
21 963
After tax
29 164
32 394
28 253
29 537
Living cost
22 822
22 822
22 822
22 822
Free-cash
6 342
9 572
5 431
6 715

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽302
-₽4864
₽627
-₽2263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
307
regional
-
-
-
776
national
-
-
-
9 172
social contributions
-
-
-
13 247
total
-
-
-
23 502
Employee
56 363
-
51 500
-
social contributions
19 006
-
17 365
-
regional
759
-
693
-
municipal
299
-
274
-
national
8 929
-
8 060
-
total
28 993
-
26 392
-
Employer
56 363
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 559
-
-
total
-
14 919
-
-
Dividends
-
36 582
-
-
withholding
-
9 512
-
-
total
-
9 512
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 993
24 431
26 392
23 502
After tax
22 507
27 069
25 108
27 998
Living cost
27 371
27 371
27 371
27 371
Free-cash
-4 864
-302
-2 263
627

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
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.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5547
-₽7442
-₽4828
-₽3776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 953
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 038
total
-
-
-
26 417
Employee
43 987
-
38 433
-
social contributions
2 859
-
2 498
-
health
5 938
-
5 188
-
solidarity contribution
-
-
-
-
income
5 278
-
4 612
-
total
14 075
-
12 298
-
Employer
43 987
-
38 433
-
social contributions
10 997
-
9 608
-
health
3 959
-
3 459
-
total
14 956
-
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
29 031
16 042
25 365
26 417
After tax
22 469
35 458
26 135
25 083
Living cost
29 911
29 911
29 911
29 911
Free-cash
-7 442
5 547
-3 776
-4 828

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3855
-₽6659
-₽3467
-₽11729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
chamber of commerce
-
-
-
206
income
-
-
-
2 647
pensions
-
-
-
9 527
unemployment
-
-
-
6 232
health
-
-
-
3 939
surtax
-
-
-
-
total
-
-
-
22 551
Employee
44 415
40 492
40 492
-
other
443
405
399
-
health
1 718
1 568
1 546
-
income
3 957
2 987
3 012
-
pensions
4 549
4 146
4 092
-
unemployment
1 332
1 215
1 199
-
total
11 999
10 321
10 248
-
Employer
44 415
40 492
40 492
-
accident
577
526
519
-
other
2 109
1 922
1 919
-
chamber of commerce
177
162
162
-
unemployment
1 332
1 215
1 199
-
surtax
-
-
-
-
pensions
5 574
5 083
5 015
-
payroll
1 332
1 215
1 215
-
health
1 679
1 531
1 510
-
total
12 780
11 654
11 539
-
Corporate
3 856
3 856
36 105
-
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.

964
964
9 026
-
total
964
964
9 026
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
25 743
22 939
30 813
22 551
After tax
25 757
28 561
20 687
28 949
Living cost
32 416
32 416
32 416
32 416
Free-cash
-6 659
-3 855
-11 729
-3 467

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34492
₽31786
₽36552
₽26767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
51 500
-
income
3 608
-
10 300
-
total
3 608
-
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%.

33 459
51 500
-
-
total
-
-
-
-
Dividends
33 459
51 500
-
-
withholding
1 673
2 575
-
-
total
1 673
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
5 281
2 575
10 300
515
After tax
46 219
48 925
41 200
50 985
Living cost
14 433
14 433
14 433
14 433
Free-cash
31 786
34 492
26 767
36 552

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8205
-₽428
₽1422
-₽209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 275
pensions
-
-
-
9 406
unemployment
-
-
-
77
health
-
-
-
5 067
total
-
-
-
22 825
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.

44 931
-
44 562
-
health
2 902
-
2 879
-
income
7 748
-
7 671
-
pensions
6 965
-
6 907
-
unemployment
64
-
62
-
total
17 679
-
17 519
-
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.

44 931
-
44 562
-
unemployment
27
-
27
-
pensions
3 976
-
3 943
-
health
2 993
-
2 967
-
total
6 996
-
6 937
-
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
24 675
16 042
24 456
22 825
After tax
26 825
35 458
27 044
28 675
Living cost
27 253
27 253
27 253
27 253
Free-cash
-428
8 205
-209
1 422

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12560
-₽100177
-₽8302
-₽5775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
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
107 784
20 167
13 382
15 909
After tax
-56 284
31 333
38 118
35 591
Living cost
43 893
43 893
43 893
43 893
Free-cash
-100 177
-12 560
-5 775
-8 302

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
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.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2578
-₽6331
-₽1878
-₽3091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 612
surtax
-
-
-
-
social contributions

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

-
-
-
17 895
total
-
-
-
21 507
Employee
46 731
-
41 616
-
social contributions
5 141
-
4 577
-
surtax
-
-
-
-
income
9 720
-
8 259
-
total
14 861
-
12 836
-
Employer
46 731
-
41 616
-
social contributions
11 099
-
9 884
-
total
11 099
-
9 884
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
10 815
-
-
total
-
10 815
-
-
Dividends
-
40 685
-
-
withholding
-
11 392
-
-
total
-
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
25 960
22 207
22 720
21 507
After tax
25 540
29 293
28 780
29 993
Living cost
31 871
31 871
31 871
31 871
Free-cash
-6 331
-2 578
-3 091
-1 878

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23116
-₽32012
-₽18057
-₽17440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 963
pensions
-
-
-
15 011
other
-
-
-
1 597
health
-
-
-
445
surtax
-
-
-
-
social contributions
-
-
-
1 467
total
-
-
-
20 483
Employee
63 638
-
39 245
-
social contributions
1 812
-
1 118
-
surtax
-
-
-
-
income
5 553
-
2 054
-
pensions
7 198
-
4 437
-
total
14 563
-
7 609
-
Employer
63 638
-
39 245
-
other
2 196
-
1 354
-
social contributions
191
-
118
-
unemployment
2 578
-
1 589
-
pensions
10 456
-
6 448
-
health
4 454
-
2 748
-
total
19 875
-
12 257
-
Corporate
-
51 500
-
-
surtax
-
-
-
-
income
-
14 421
-
-
total
-
14 421
-
-
Dividends
-
37 079
-
-
surtax
-
-
-
-
social contributions
-
6 376
-
-
withholding
-
4 745
-
-
total
-
11 121
-
-
Income
51 500
51 500
51 500
51 500
Total tax
34 438
25 542
19 866
20 483
After tax
17 062
25 958
31 634
31 017
Living cost
49 074
49 074
49 074
49 074
Free-cash
-32 012
-23 116
-17 440
-18 057

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15808
₽12395
₽9628
₽11148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
32 665
-
44 588
-
income
-
-
-
-
social contributions
2 123
-
2 898
-
total
2 123
-
2 898
-
Employer
32 665
-
44 588
-
social contributions
5 063
-
6 912
-
total
5 063
-
6 912
-
Corporate
13 771
51 500
-
-
income
1 377
5 150
-
-
total
1 377
5 150
-
-
Dividends
12 395
46 350
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
8 563
5 150
9 810
11 330
After tax
42 937
46 350
41 690
40 170
Living cost
30 542
30 542
30 542
30 542
Free-cash
12 395
15 808
11 148
9 628

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽169852
-₽169852
-₽15059
-₽169852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
8 002
pensions
-
-
-
881
national
-
-
-
4 698
labour market
-
-
-
4 050
total
-
-
-
17 631
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
172 424
172 424
172 424
17 631
After tax
-120 924
-120 924
-120 924
33 869
Living cost
48 928
48 928
48 928
48 928
Free-cash
-169 852
-169 852
-169 852
-15 059

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17691
₽818
₽13797
₽5336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
8 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 841
Employee
34 391
-
42 781
-
health
3 938
-
4 898
-
income
4 718
-
5 869
-
pensions
3 873
-
4 817
-
total
12 529
-
15 584
-
Employer
34 391
-
42 781
-
accident
574
-
714
-
unemployment
843
-
1 048
-
pensions
5 592
-
6 956
-
total
7 009
-
8 718
-
Corporate
10 100
51 500
-
-
income

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

9 090
46 350
-
-
total
9 090
46 350
-
-
Dividends
1 010
5 150
-
-
withholding
192
979
-
-
total
192
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
28 820
47 329
24 302
15 841
After tax
22 680
4 171
27 198
35 659
Living cost
21 862
21 862
21 862
21 862
Free-cash
818
-17 691
5 336
13 797

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3372
-₽12044
₽1863
-₽6946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
municipal
-
-
-
9 203
health
-
-
-
368
national
-
-
-
1 057
total
-
-
-
10 628
Employee
53 457
-
43 325
-
health
399
-
243
-
municipal
8 756
-
7 111
-
pensions
3 608
-
2 925
-
unemployment
802
-
650
-
national
883
-
334
-
total
14 448
-
11 263
-
Employer
53 457
-
43 325
-
accident
54
-
42
-
unemployment
347
-
282
-
pensions
9 275
-
7 516
-
health
411
-
334
-
total
10 087
-
8 174
-
Corporate
-
51 500
-
-
income
-
10 300
-
-
total
-
10 300
-
-
Dividends

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

-
30 900
-
-
national
-
-
-
-
municipal
-
5 563
-
-
total
-
5 563
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 535
15 863
19 437
10 628
After tax
26 965
35 637
32 063
40 872
Living cost
39 009
39 009
39 009
39 009
Free-cash
-12 044
-3 372
-6 946
1 863

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4999
₽8930
₽17717
₽10379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
910
health
-
-
-
1 313
social contributions
-
-
-
8 035
total
-
-
-
10 258
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
3 881
-
health
605
1 329
794
-
income
8 507
7 233
8 174
-
total
12 066
15 046
12 849
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
3 881
-
health
658
1 446
866
-
total
3 612
7 930
4 747
-
Corporate
12 297
-
-
-
income
1 537
-
-
-
total
1 537
-
-
-
Dividends
10 761
-
-
-
withholding
1 830
-
-
-
total
1 830
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 045
22 976
17 596
10 258
After tax
32 455
28 524
33 904
41 242
Living cost
23 525
23 525
23 525
23 525
Free-cash
8 930
4 999
10 379
17 717

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26516
₽21345
₽21011
₽15812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 188
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
14 357
Employee

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

23 322
-
46 691
-
health
1 982
-
3 968
-
income
1 595
-
3 544
-
pensions
3 498
-
7 003
-
unemployment
116
-
233
-
total
7 191
-
14 748
-
Employer

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

23 322
-
46 691
-
unemployment
116
-
233
-
pensions
1 282
-
2 568
-
health
1 003
-
2 007
-
total
2 401
-
4 808
-
Corporate
25 777
51 500
-
-
income
2 320
4 635
-
-
total
2 320
4 635
-
-
Dividends
23 458
46 865
-
-
withholding
2 111
4 217
-
-
total
2 111
4 217
-
-
Income
51 500
51 500
51 500
51 500
Total tax
14 023
8 852
19 556
14 357
After tax
37 477
42 648
31 944
37 143
Living cost
16 132
16 132
16 132
16 132
Free-cash
21 345
26 516
15 812
21 011

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6873
₽1344
₽657
₽1052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 451
pensions
-
-
-
14 575
other
-
-
-
52
unemployment
-
-
-
361
total
-
-
-
22 902
Employee
37 570
-
39 048
-
other
37
-
39
-
income
7 243
-
7 577
-
pensions
1 766
-
1 836
-
unemployment
582
-
605
-
total
9 628
-
10 057
-
Employer
37 570
-
39 048
-
accident
744
-
773
-
other
301
-
314
-
unemployment
2 067
-
2 148
-
pensions
8 866
-
9 215
-
total
11 978
-
12 450
-
Corporate
1 952
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.

293
7 724
-
-
total
293
7 724
-
-
Dividends
1 659
43 776
-
-
withholding
316
8 962
-
-
total
316
8 962
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 215
16 686
22 507
22 902
After tax
29 285
34 814
28 993
28 598
Living cost
27 941
27 941
27 941
27 941
Free-cash
1 344
6 873
1 052
657

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29355
₽28899
₽29060
₽28863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 159
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
19 659
Employee
4 236
-
49 218
-
health
212
-
507
-
income
820
-
16 052
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
17 573
-
Employer
4 236
-
49 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
46 310
51 500
-
-
income
10 188
11 330
-
-
total
10 188
11 330
-
-
Dividends
36 122
40 170
-
-
withholding
7 224
8 034
-
-
total
7 224
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 820
19 364
19 856
19 659
After tax
31 680
32 136
31 644
31 841
Living cost
2 781
2 781
2 781
2 781
Free-cash
28 899
29 355
28 863
29 060

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19651
₽14653
₽8120
₽10334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 356
pensions
-
-
-
13 390
unemployment
-
-
-
772
health
-
-
-
5 304
total
-
-
-
25 822
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.

26 477
-
43 681
-
health
1 364
-
2 250
-
income
3 650
-
7 095
-
pensions
3 707
-
6 115
-
unemployment
199
-
328
-
total
8 920
-
15 788
-
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.

26 477
-
43 681
-
unemployment
199
-
328
-
pensions
3 177
-
5 242
-
health
1 364
-
2 250
-
total
4 740
-
7 820
-
Corporate
20 284
51 500
-
-
income
3 043
7 725
-
-
total
3 043
7 725
-
-
Dividends
17 241
43 775
-
-
withholding
2 586
6 566
-
-
total
2 586
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 289
14 291
23 608
25 822
After tax
32 211
37 209
27 892
25 678
Living cost
17 558
17 558
17 558
17 558
Free-cash
14 653
19 651
10 334
8 120

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1901
₽1535
₽2601
₽1388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 612
surtax
-
-
-
-
social contributions

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

-
-
-
17 895
total
-
-
-
21 507
Employee
39 436
-
41 616
-
social contributions
4 338
-
4 577
-
surtax
-
-
-
-
income
7 705
-
8 259
-
total
12 043
-
12 836
-
Employer
39 436
-
41 616
-
social contributions
9 365
-
9 884
-
total
9 365
-
9 884
-
Corporate
2 699
51 500
-
-
surtax
-
-
-
-
income
567
10 815
-
-
total
567
10 815
-
-
Dividends
2 132
40 685
-
-
withholding
598
11 392
-
-
total
598
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
22 573
22 207
22 720
21 507
After tax
28 927
29 293
28 780
29 993
Living cost
27 392
27 392
27 392
27 392
Free-cash
1 535
1 901
1 388
2 601

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽895
-₽13217
-₽7111
-₽6716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 451
pensions
-
-
-
14 575
other
-
-
-
52
unemployment
-
-
-
361
total
-
-
-
22 902
Employee
49 071
-
39 048
-
other
48
-
39
-
income
10 249
-
7 577
-
pensions
2 306
-
1 836
-
unemployment
760
-
605
-
total
13 363
-
10 057
-
Employer
49 071
-
39 048
-
accident
972
-
773
-
other
393
-
314
-
unemployment
2 699
-
2 148
-
pensions
11 581
-
9 215
-
total
15 645
-
12 450
-
Corporate
-
51 500
-
-
income

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

-
7 724
-
-
total
-
7 724
-
-
Dividends
-
43 776
-
-
withholding
-
8 962
-
-
total
-
8 962
-
-
Income
51 500
51 500
51 500
51 500
Total tax
29 008
16 686
22 507
22 902
After tax
22 492
34 814
28 993
28 598
Living cost
35 709
35 709
35 709
35 709
Free-cash
-13 217
-895
-6 716
-7 111

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26553
₽20361
₽16819
₽17466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
17 202
Employee
23 145
-
44 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
4 453
-
pensions

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

2 032
-
3 116
-
total
5 666
-
9 592
-
Employer
23 145
-
44 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
23 814
51 500
-
-
income
2 381
5 150
-
-
total
2 381
5 150
-
-
Dividends
21 433
46 350
-
-
withholding
1 072
2 318
-
-
total
1 072
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 660
7 468
16 555
17 202
After tax
37 840
44 032
34 945
34 298
Living cost
17 479
17 479
17 479
17 479
Free-cash
20 361
26 553
17 466
16 819

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12513
₽506
₽59
₽670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
trade
-
-
-
611
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.

-
-
-
4 419
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.

-
-
-
6 941
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.

-
-
-
243
total
-
-
-
12 214
Employee

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

50 555
-
51 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 941
-
6 941
-
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.

229
-
243
-
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.

4 157
-
4 419
-
total
11 327
-
11 603
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
945
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.

8
424
-
-
income
141
7 724
-
-
trade
135
7 391
-
-
chamber of commerce
156
229
-
-
total
440
15 768
-
-
Dividends
505
35 731
-
-
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.

-
470
-
-
withholding
-
8 548
-
-
total
-
9 018
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 767
24 786
11 603
12 214
After tax
39 733
26 714
39 897
39 286
Living cost
39 227
39 227
39 227
39 227
Free-cash
506
-12 513
670
59

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21829
-₽27979
-₽17022
-₽17022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 119
social contributions
-
-
-
3 524
total
-
-
-
10 643
Employee
79 479
-
51 500
-
income
14 997
-
7 119
-
social contributions
6 603
-
3 524
-
total
21 600
-
10 643
-
Employer
79 479
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
income
-
6 438
-
-
total
-
6 438
-
-
Dividends
-
45 062
-
-
withholding
-
9 012
-
-
total
-
9 012
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 600
15 450
10 643
10 643
After tax
29 900
36 050
40 857
40 857
Living cost
57 879
57 879
57 879
57 879
Free-cash
-27 979
-21 829
-17 022
-17 022

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8429
-₽2891
-₽21118
₽159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
46 826
-
income
5 058
-
5 110
-
social contributions
4 670
-
4 674
-
total
9 728
-
9 784
-
Employer
46 611
-
46 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
219
51 500
-
-
income
77
18 025
-
-
total
77
18 025
-
-
Dividends
142
33 475
-
-
social contributions
3 033
5 021
-
-
total
3 033
5 021
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 508
23 046
14 458
35 735
After tax
33 992
28 454
37 042
15 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
-2 891
-8 429
159
-21 118

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽601
-₽6902
₽871
-₽4103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 714
pensions
-
-
-
2 928
total
-
-
-
12 642
Employee
52 143
-
46 178
-
health
680
-
559
-
income
9 496
-
8 471
-
pensions
3 980
-
3 264
-
total
14 156
-
12 294
-
Employer
52 143
-
46 178
-
pensions
5 268
-
4 444
-
health
991
-
878
-
total
6 259
-
5 322
-
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
-
3 128
-
-
total
-
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 415
12 912
17 616
12 642
After tax
31 085
38 588
33 884
38 858
Living cost
37 987
37 987
37 987
37 987
Free-cash
-6 902
601
-4 103
871

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19856
₽486
₽11632
₽3171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
8 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
15 841
Employee
37 795
-
42 781
-
health
4 327
-
4 898
-
income
5 185
-
5 869
-
pensions
4 256
-
4 817
-
total
13 768
-
15 584
-
Employer
37 795
-
42 781
-
accident
631
-
714
-
unemployment
926
-
1 048
-
pensions
6 145
-
6 956
-
total
7 702
-
8 718
-
Corporate
6 003
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.

5 403
46 350
-
-
total
5 403
46 350
-
-
Dividends
600
5 150
-
-
withholding
114
979
-
-
total
114
979
-
-
Income
51 500
51 500
51 500
51 500
Total tax
26 987
47 329
24 302
15 841
After tax
24 513
4 171
27 198
35 659
Living cost
24 027
24 027
24 027
24 027
Free-cash
486
-19 856
3 171
11 632

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30080
₽25150
₽17073
₽17073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
51 500
work injury
-
-
-
258
health insurance
-
-
-
3 811
income
-
-
-
6 569
pensions
-
-
-
9 476
unemployment
-
-
-
618
total
-
-
-
20 732
Employee

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

21 911
-
51 500
-
work injury
110
-
258
-
income
2 191
-
6 569
-
pensions
4 032
-
9 476
-
health insurance
1 621
-
3 811
-
unemployment
263
-
618
-
total
8 217
-
20 732
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 589
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
29 589
51 500
-
-
withholding
4 438
7 725
-
-
total
4 438
7 725
-
-
Income
51 500
51 500
51 500
51 500
Total tax
12 655
7 725
20 732
20 732
After tax
38 845
43 775
30 768
30 768
Living cost
13 695
13 695
13 695
13 695
Free-cash
25 150
30 080
17 073
17 073

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13351
-₽34122
-₽12497
-₽15353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
51 500
municipal
-
-
-
345
regional
-
-
-
755
national
-
-
-
9 172
social contributions
-
-
-
13 247
total
-
-
-
23 519
Employee
85 620
-
51 500
-
social contributions
28 871
-
17 365
-
regional
1 293
-
643
-
municipal
511
-
307
-
national
14 469
-
8 060
-
total
45 144
-
26 375
-
Employer
85 620
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 482
-
-
total
-
14 842
-
-
Dividends
-
36 659
-
-
withholding
-
9 531
-
-
total
-
9 531
-
-
Income
51 500
51 500
51 500
51 500
Total tax
45 144
24 373
26 375
23 519
After tax
6 356
27 127
25 125
27 981
Living cost
40 478
40 478
40 478
40 478
Free-cash
-34 122
-13 351
-15 353
-12 497

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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 Rome model

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