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
₽ 52500
per

Your estimated
City
free-cash

Dresden , Germany
-₽2156
₽11532
₽10232
₽8366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income

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

-
-
-
5 346
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.

-
-
-
294
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.

-
-
-
6 502
trade
-
-
-
1 300
total
-
-
-
13 442
Employee

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

36 400
-
52 500
-
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.

56
-
294
-
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.

1 017
-
5 346
-
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.

6 502
-
6 502
-
total
7 575
-
12 142
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 100
52 500
-
-
income
2 415
7 874
-
-
surtax

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

134
433
-
-
chamber of commerce
168
220
-
-
trade
2 536
8 268
-
-
total
5 253
16 795
-
-
Dividends
10 848
35 704
-
-
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.

130
471
-
-
withholding
2 350
8 564
-
-
total
2 480
9 035
-
-
Income
52 500
52 500
52 500
52 500
Total tax
15 308
25 830
12 142
13 442
After tax
37 192
26 670
40 358
39 058
Living cost
28 826
28 826
28 826
28 826
Free-cash
8 366
-2 156
11 532
10 232

Estimated living cost  is ₽28826 per week

₽18132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18202
-₽17328
-₽17740
-₽33670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
social contributions
-
-
-
564
municipal
-
-
-
4 869
national
-
-
-
7 545
pensions
-
-
-
6 300
total
-
-
-
19 278
Employee
79 000
-
45 386
-
municipal
9 758
-
5 072
-
pensions
3 160
-
1 815
-
national
15 121
-
7 860
-
total
28 039
-
14 747
-
Employer
79 000
-
45 386
-
pensions
6 320
-
3 631
-
social contributions
849
-
488
-
total
7 169
-
4 119
-
Corporate
-
52 500
-
-
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%.

-
10 500
-
-
total
-
10 500
-
-
Dividends
-
42 000
-
-
withholding
-
9 240
-
-
total
-
9 240
-
-
Income
52 500
52 500
52 500
52 500
Total tax
35 208
19 740
18 866
19 278
After tax
17 292
32 760
33 634
33 222
Living cost
50 962
50 962
50 962
50 962
Free-cash
-33 670
-18 202
-17 328
-17 740

Estimated living cost  is ₽50962 per week

₽34638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22201
₽10278
₽21831
₽14395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 996
microenterprise
-
-
-
7 874
total
-
-
-
10 870
Employee
27 809
-
42 309
-
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.

3 059
-
4 654
-
income
4 950
-
7 578
-
total
8 009
-
12 232
-
Employer
27 809
-
42 309
-
social contributions

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

6 698
-
10 191
-
surtax
-
-
-
-
total
6 698
-
10 191
-
Corporate
17 993
52 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

3 599
10 500
-
-
total
3 599
10 500
-
-
Dividends

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

14 393
42 000
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 306
10 500
22 423
10 870
After tax
34 194
42 000
30 077
41 630
Living cost
19 799
19 799
19 799
19 799
Free-cash
14 395
22 201
10 278
21 831

Estimated living cost  is ₽19799 per week

₽12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36661
-₽42004
-₽9827
-₽42004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 953
health
-
-
-
8 058
pensions
-
-
-
9 449
total
-
-
-
22 460
Employee
81 270
81 270
81 270
-
pensions
14 629
11 150
14 629
-
income

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

13 303
13 303
13 303
-
health
12 474
10 610
12 474
-
total
40 406
35 063
40 406
-
Employer
81 270
81 270
81 270
-
health
5 649
5 649
5 649
-
pensions
5 656
5 656
5 656
-
unemployment
2 926
2 926
2 926
-
total
14 231
14 231
14 231
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
54 637
49 294
54 637
22 460
After tax
-2 137
3 206
-2 137
30 040
Living cost
39 868
39 868
39 868
39 868
Free-cash
-42 004
-36 661
-42 004
-9 827

Estimated living cost  is ₽39868 per week

₽28253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10257
-₽10887
-₽12752
-₽20386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
105
other
-
-
-
6 101
unemployment
-
-
-
53
health
-
-
-
3 276
municipal
-
-
-
11 120
national
-
-
-
-
pensions
-
-
-
5 675
total
-
-
-
26 330
Employee
55 460
-
39 948
-
municipal
16 538
-
11 913
-
national
-
-
-
-
total
16 538
-
11 913
-
Employer
55 460
-
39 948
-
health
3 411
-
2 457
-
pensions
5 995
-
4 318
-
accident
111
-
80
-
unemployment
1 464
-
1 055
-
other
6 445
-
4 642
-
total
17 426
-
12 552
-
Corporate
-
52 500
-
-
income
-
11 550
-
-
total
-
11 550
-
-
Dividends
-
40 950
-
-
withholding
-
12 285
-
-
total
-
12 285
-
-
Income
52 500
52 500
52 500
52 500
Total tax
33 964
23 835
24 465
26 330
After tax
18 536
28 665
28 035
26 170
Living cost
38 922
38 922
38 922
38 922
Free-cash
-20 386
-10 257
-10 887
-12 752

Estimated living cost  is ₽38922 per week

₽25796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10986
₽2972
₽1614
₽2384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income

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

-
-
-
5 346
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.

-
-
-
294
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.

-
-
-
6 502
trade
-
-
-
1 358
total
-
-
-
13 500
Employee

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

48 262
-
52 500
-
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.

228
-
294
-
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.

4 147
-
5 346
-
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.

6 502
-
6 502
-
total
10 877
-
12 142
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 238
52 500
-
-
income
636
7 874
-
-
surtax

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

34
433
-
-
chamber of commerce
150
219
-
-
trade
697
8 636
-
-
total
1 517
17 162
-
-
Dividends
2 721
35 338
-
-
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.

18
466
-
-
withholding
318
8 472
-
-
total
336
8 938
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 730
26 100
12 142
13 500
After tax
39 770
26 400
40 358
39 000
Living cost
37 386
37 386
37 386
37 386
Free-cash
2 384
-10 986
2 972
1 614

Estimated living cost  is ₽37386 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111
₽4492
₽10553
₽3858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
1 551
social contributions
-
-
-
8 190
health
-
-
-
1 338
total
-
-
-
11 079
Employee
73 180
73 180
73 180
-
social contributions
3 556
6 074
3 955
-
income
7 685
6 774
7 538
-
health
728
1 244
811
-
total
11 969
14 092
12 304
-
Employer
73 180
73 180
73 180
-
health
793
1 355
881
-
social contributions
3 556
6 074
3 955
-
total
4 349
7 429
4 836
-
Corporate
5 315
-
-
-
income
665
-
-
-
total
665
-
-
-
Dividends
4 650
-
-
-
withholding
791
-
-
-
total
791
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 774
21 521
17 140
11 079
After tax
34 726
30 979
35 360
41 421
Living cost
30 868
30 868
30 868
30 868
Free-cash
3 858
111
4 492
10 553

Estimated living cost  is ₽30868 per week

₽21101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12357
₽13057
₽18991
₽12718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
6 418
unemployment
-
-
-
788
health
-
-
-
3 675
pensions
-
-
-
5 250
total
-
-
-
16 131
Employee

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

The minimum wage is 138,000 HUF per month.

25 086
9 984
43 933
-
unemployment
376
150
659
-
pensions
2 509
998
4 393
-
income
3 067
1 221
5 371
-
health
1 756
699
3 075
-
total
7 708
3 068
13 498
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 086
9 984
43 933
-
pensions
4 892
1 947
8 567
-
total
4 892
1 947
8 567
-
Corporate
22 522
40 569
-
-
income
2 027
3 651
-
-
total
2 027
3 651
-
-
Dividends
20 495
36 918
-
-
social contributions
3 883
7 085
-
-
withholding
3 894
7 014
-
-
total
7 777
14 099
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 404
22 765
22 065
16 131
After tax
30 096
29 735
30 435
36 369
Living cost
17 378
17 378
17 378
17 378
Free-cash
12 718
12 357
13 057
18 991

Estimated living cost  is ₽17378 per week

₽11859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19013
₽8127
₽6302
₽13099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
5 886
health
-
-
-
6 825
pensions
-
-
-
10 500
total
-
-
-
23 211
Employee
26 998
-
39 239
-
unemployment
432
-
628
-
pensions
540
-
786
-
income
3 040
-
6 711
-
total
4 012
-
8 125
-
Employer
26 998
-
39 239
-
health
3 509
-
5 100
-
pensions
5 400
-
7 847
-
unemployment
217
-
314
-
total
9 126
-
13 261
-
Corporate
16 376
52 500
-
-
income
3 276
10 500
-
-
total
3 276
10 500
-
-
Dividends
13 100
42 000
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 414
10 500
21 386
23 211
After tax
36 086
42 000
31 114
29 289
Living cost
22 987
22 987
22 987
22 987
Free-cash
13 099
19 013
8 127
6 302

Estimated living cost  is ₽22987 per week

₽15766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16911
₽6562
₽15146
₽1006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
243
income
-
-
-
9 489
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
16 190
Employee
33 292
-
43 612
-
pensions
3 749
-
4 911
-
income
4 567
-
5 983
-
health
3 812
-
4 993
-
total
12 128
-
15 887
-
Employer
33 292
-
43 612
-
pensions
5 413
-
7 091
-
accident
556
-
728
-
unemployment
816
-
1 068
-
total
6 785
-
8 887
-
Corporate
12 423
52 500
-
-
income

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

11 181
47 250
-
-
total
11 181
47 250
-
-
Dividends
1 242
5 250
-
-
withholding
236
997
-
-
total
236
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 330
48 247
24 774
16 190
After tax
22 170
4 253
27 726
36 310
Living cost
21 164
21 164
21 164
21 164
Free-cash
1 006
-16 911
6 562
15 146

Estimated living cost  is ₽21164 per week

₽15511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42040
₽34165
₽44140
₽40572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
52 500
microenterprise

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

-
-
-
525
total
-
-
-
525
Employee
9 794
-
52 500
-
income
1 958
-
10 500
-
total
1 958
-
10 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

42 706
52 500
-
-
total
-
-
-
-
Dividends
42 706
52 500
-
-
withholding
2 135
2 625
-
-
total
2 135
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 093
2 625
10 500
525
After tax
48 407
49 875
42 000
51 975
Living cost
7 835
7 835
7 835
7 835
Free-cash
40 572
42 040
34 165
44 140

Estimated living cost  is ₽7835 per week

₽4856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13211
₽5412
₽3069
₽6786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
6 668
other
-
-
-
2 494
health
-
-
-
2 310
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.

-
-
-
12 600
total
-
-
-
24 072
Employee
34 555
-
41 931
-
unemployment
345
-
419
-
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.

2 418
-
2 937
-
income
5 949
-
7 219
-
health
484
-
587
-
total
9 196
-
11 162
-
Employer
34 555
-
41 931
-
health
484
-
587
-
pensions

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

5 875
-
7 128
-
accident
276
-
336
-
unemployment
345
-
419
-
other
1 728
-
2 097
-
total
8 708
-
10 567
-
Corporate
9 237
52 500
-
-
income
1 940
11 026
-
-
total
1 940
11 026
-
-
Dividends
7 297
41 474
-
-
withholding
511
2 904
-
-
total
511
2 904
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 355
13 930
21 729
24 072
After tax
32 145
38 570
30 771
28 428
Living cost
25 359
25 359
25 359
25 359
Free-cash
6 786
13 211
5 412
3 069

Estimated living cost  is ₽25359 per week

₽17917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23858
-₽28962
-₽23710
-₽49161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
9 872
pensions
-
-
-
3 146
total
-
-
-
13 018
Employee
89 407
-
46 917
-
pensions
8 625
-
3 527
-
income
16 117
-
8 557
-
health
1 473
-
603
-
total
26 215
-
12 687
-
Employer
89 407
-
46 917
-
health
1 698
-
891
-
pensions
10 556
-
4 692
-
total
12 254
-
5 583
-
Corporate
-
52 500
-
-
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.

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
38 469
13 166
18 270
13 018
After tax
14 031
39 334
34 230
39 482
Living cost
63 192
63 192
63 192
63 192
Free-cash
-49 161
-23 858
-28 962
-23 710

Estimated living cost  is ₽63192 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32411
₽24092
₽23275
₽27990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 875
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
16 749
Employee
16 520
-
45 979
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 450
-
2 918
-
income
1 652
-
4 598
-
health
760
-
1 529
-
total
4 044
-
9 411
-
Employer
16 520
-
45 979
-
health
1 140
-
2 293
-
pensions

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

1 821
-
3 663
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
199
-
total
3 242
-
6 521
-
Corporate
32 738
52 500
-
-
income
3 274
5 250
-
-
total
3 274
5 250
-
-
Dividends
29 464
47 250
-
-
withholding
1 474
2 363
-
-
total
1 474
2 363
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 034
7 613
15 932
16 749
After tax
40 466
44 887
36 568
35 751
Living cost
12 476
12 476
12 476
12 476
Free-cash
27 990
32 411
24 092
23 275

Estimated living cost  is ₽12476 per week

₽7284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
-₽49566
-₽54909
-₽22732
-₽51181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 953
health
-
-
-
8 058
pensions
-
-
-
9 449
total
-
-
-
22 460
Employee
88 233
81 270
81 270
-
pensions
11 150
11 150
14 629
-
income

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

13 303
13 303
13 303
-
health
11 008
10 610
12 474
-
total
35 461
35 063
40 406
-
Employer
88 233
81 270
81 270
-
health
6 131
5 649
5 649
-
pensions
6 140
5 656
5 656
-
unemployment
3 177
2 926
2 926
-
total
15 448
14 231
14 231
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
50 909
49 294
54 637
22 460
After tax
1 591
3 206
-2 137
30 040
Living cost
52 772
52 772
52 772
52 772
Free-cash
-51 181
-49 566
-54 909
-22 732

Estimated living cost  is ₽52772 per week

₽38928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4714
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.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12496
₽2992
₽1921
₽4059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 512
social contributions
-
-
-
15 330
solidarity contribution
-
-
-
-
health
-
-
-
7 087
total
-
-
-
26 929
Employee
34 779
-
39 179
-
solidarity contribution
-
-
-
-
social contributions
2 261
-
2 547
-
income
4 174
-
4 701
-
health
4 695
-
5 289
-
total
11 130
-
12 537
-
Employer
34 779
-
39 179
-
health
3 130
-
3 526
-
social contributions
8 695
-
9 795
-
total
11 825
-
13 321
-
Corporate
5 896
52 500
-
-
income
1 120
9 975
-
-
total
1 120
9 975
-
-
Dividends
4 775
42 525
-
-
withholding
716
6 379
-
-
total
716
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 791
16 354
25 858
26 929
After tax
27 709
36 146
26 642
25 571
Living cost
23 650
23 650
23 650
23 650
Free-cash
4 059
12 496
2 992
1 921

Estimated living cost  is ₽23650 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12147
-₽14403
-₽11439
-₽32080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
social contributions
-
-
-
13 503
regional
-
-
-
521
municipal
-
-
-
312
national
-
-
-
9 445
total
-
-
-
23 781
Employee
84 580
-
52 500
-
municipal
448
-
278
-
national
14 656
-
8 311
-
regional
798
-
454
-
social contributions
28 520
-
17 702
-
total
44 422
-
26 745
-
Employer
84 580
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 048
-
-
nationa
-
12 600
-
-
total
-
14 648
-
-
Dividends
-
37 852
-
-
withholding
-
9 841
-
-
total
-
9 841
-
-
Income
52 500
52 500
52 500
52 500
Total tax
44 422
24 489
26 745
23 781
After tax
8 078
28 011
25 755
28 719
Living cost
40 158
40 158
40 158
40 158
Free-cash
-32 080
-12 147
-14 403
-11 439

Estimated living cost  is ₽40158 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12022
₽7733
₽8853
₽9060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 786
other
-
-
-
-
surtax
-
-
-
415
unemployment
-
-
-
217
health
-
-
-
3 728
pensions
-
-
-
10 500
total
-
-
-
22 646
Employee
31 472
-
43 371
-
other
-
-
-
-
unemployment
2 191
-
3 018
-
pensions
2 099
-
2 893
-
surtax
103
-
329
-
income
5 275
-
7 293
-
health
804
-
1 105
-
total
10 472
-
14 638
-
Employer
31 472
-
43 371
-
health
1 432
-
1 974
-
pensions
4 195
-
5 781
-
unemployment
997
-
1 374
-
other
-
-
-
-
total
6 624
-
9 129
-
Corporate
14 404
52 500
-
-
income
3 746
13 650
-
-
total
3 746
13 650
-
-
Dividends
10 658
38 850
-
-
withholding
1 598
5 828
-
-
total
1 598
5 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 440
19 478
23 767
22 646
After tax
30 060
33 022
28 733
29 854
Living cost
21 000
21 000
21 000
21 000
Free-cash
9 060
12 022
7 733
8 853

Estimated living cost  is ₽21000 per week

₽12841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
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.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3837
-₽8941
-₽3689
-₽15043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
9 872
pensions
-
-
-
3 146
total
-
-
-
13 018
Employee
59 918
-
46 917
-
pensions
5 086
-
3 527
-
income
10 792
-
8 557
-
health
870
-
603
-
total
16 748
-
12 687
-
Employer
59 918
-
46 917
-
health
1 138
-
891
-
pensions
6 486
-
4 692
-
total
7 624
-
5 583
-
Corporate
-
52 500
-
-
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.

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 372
13 166
18 270
13 018
After tax
28 128
39 334
34 230
39 482
Living cost
43 171
43 171
43 171
43 171
Free-cash
-15 043
-3 837
-8 941
-3 689

Estimated living cost  is ₽43171 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51554
-₽33675
-₽30942
-₽44349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
other

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

-
-
-
1 050
regional
-
-
-
1 065
health
-
-
-
246
city
-
-
-
551
national
-
-
-
140
pensions
-
-
-
4 830
total
-
-
-
7 882
Employee
88 425
-
46 963
-
unemployment
-
-
-
-
pensions
7 429
-
3 976
-
national
419
-
109
-
regional
2 895
-
900
-
city
949
-
505
-
health
200
-
105
-
total
11 892
-
5 595
-
Employer
88 425
-
46 963
-
health
200
-
105
-
pensions
7 429
-
3 976
-
unemployment
-
-
-
-
other

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

1 768
-
939
-
total
9 397
-
5 020
-
Corporate
-
52 500
-
-
regional
-
11 105
-
-
national
-
4 462
-
-
total
-
15 567
-
-
Dividends
-
36 934
-
-
withholding
-
12 927
-
-
total
-
12 927
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 289
28 494
10 615
7 882
After tax
31 211
24 006
41 885
44 618
Living cost
75 560
75 560
75 560
75 560
Free-cash
-44 349
-51 554
-33 675
-30 942

Estimated living cost  is ₽75560 per week

₽49136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17469
-₽3239
-₽4655
-₽4695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income

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

-
-
-
5 346
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.

-
-
-
294
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.

-
-
-
6 502
trade
-
-
-
1 416
total
-
-
-
13 558
Employee

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

57 195
-
52 500
-
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.

370
-
294
-
income

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

6 726
-
5 346
-
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.

6 502
-
6 502
-
total
13 598
-
12 142
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
52 500
-
-
income
-
7 874
-
-
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.

-
433
-
-
chamber of commerce
-
219
-
-
trade
-
9 003
-
-
total
-
17 529
-
-
Dividends
-
34 971
-
-
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.

-
461
-
-
withholding
-
8 382
-
-
total
-
8 843
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 598
26 372
12 142
13 558
After tax
38 902
26 128
40 358
38 942
Living cost
43 597
43 597
43 597
43 597
Free-cash
-4 695
-17 469
-3 239
-4 655

Estimated living cost  is ₽43597 per week

₽31842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6102
-₽535
-₽1048
-₽950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
2 241
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
455
pensions
-
-
-
15 170
total
-
-
-
20 988
Employee
40 731
-
40 006
-
pensions
4 605
-
4 526
-
surtax
-
-
-
-
social contributions
1 161
-
1 140
-
income
2 404
-
2 315
-
total
8 170
-
7 981
-
Employer
40 731
-
40 006
-
health
2 852
-
2 801
-
pensions
6 691
-
6 574
-
unemployment
1 649
-
1 620
-
social contributions
123
-
119
-
other
1 405
-
1 380
-
total
12 720
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 701
-
-
surtax
-
-
-
-
total
-
14 701
-
-
Dividends
-
37 799
-
-
surtax
-
-
-
-
social contributions
-
6 503
-
-
withholding
-
4 838
-
-
total
-
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 890
26 042
20 475
20 988
After tax
31 610
26 458
32 025
31 512
Living cost
32 560
32 560
32 560
32 560
Free-cash
-950
-6 102
-535
-1 048

Estimated living cost  is ₽32560 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2876
₽2691
₽2178
₽2413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
2 241
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
455
pensions
-
-
-
15 170
total
-
-
-
20 988
Employee
36 358
-
40 006
-
pensions
4 112
-
4 526
-
surtax
-
-
-
-
social contributions
1 037
-
1 140
-
income
1 875
-
2 315
-
total
7 024
-
7 981
-
Employer
36 358
-
40 006
-
health
2 545
-
2 801
-
pensions
5 974
-
6 574
-
unemployment
1 472
-
1 620
-
social contributions
108
-
119
-
other
1 255
-
1 380
-
total
11 354
-
12 494
-
Corporate
4 788
52 500
-
-
income
1 340
14 701
-
-
surtax
-
-
-
-
total
1 340
14 701
-
-
Dividends
3 448
37 799
-
-
surtax
-
-
-
-
social contributions
594
6 503
-
-
withholding
441
4 838
-
-
total
1 035
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 753
26 042
20 475
20 988
After tax
31 747
26 458
32 025
31 512
Living cost
29 334
29 334
29 334
29 334
Free-cash
2 413
-2 876
2 691
2 178

Estimated living cost  is ₽29334 per week

₽17013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
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.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11849
₽11374
₽13536
₽12344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 874
social contributions
-
-
-
7 246
health
-
-
-
3 664
total
-
-
-
18 784
Employee
32 268
-
52 500
-
social contributions
4 454
-
7 246
-
income
5 382
-
10 036
-
health
2 252
-
3 664
-
total
12 088
-
20 946
-
Employer
32 268
-
52 500
-
total
-
-
-
-
Corporate
20 232
52 500
-
-
income

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

1 011
2 624
-
-
total
1 011
2 624
-
-
Dividends
19 221
49 876
-
-
social contributions
2 653
6 883
-
-
withholding
2 882
7 482
-
-
health
1 342
3 482
-
-
total
6 877
17 847
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 976
20 471
20 946
18 784
After tax
32 524
32 029
31 554
33 716
Living cost
20 180
20 180
20 180
20 180
Free-cash
12 344
11 849
11 374
13 536

Estimated living cost  is ₽20180 per week

₽13505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3413
-₽12945
-₽4307
-₽9839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
3 309
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
209
health
-
-
-
4 017
pensions
-
-
-
9 713
total
-
-
-
23 273
Employee
47 561
37 926
40 622
-
other
475
379
406
-
unemployment
1 427
1 138
1 219
-
pensions
4 871
3 883
4 159
-
income
5 414
2 797
3 426
-
health
1 840
1 468
1 571
-
total
14 027
9 665
10 781
-
Employer
47 561
37 926
40 622
-
chamber of commerce
190
152
163
-
health
1 797
1 434
1 535
-
pensions
5 969
4 761
5 098
-
accident
618
493
527
-
unemployment
1 427
1 138
1 219
-
surtax
188
188
188
-
payroll
1 427
1 138
1 219
-
other
2 259
1 801
1 929
-
total
13 875
11 105
11 878
-
Corporate
3 612
3 612
37 010
-
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.

903
903
9 252
-
total
903
903
9 252
-
Dividends
-
2 568
-
-
withholding
-
706
-
-
total
-
706
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 805
22 379
31 911
23 273
After tax
23 695
30 121
20 589
29 227
Living cost
33 534
33 534
33 534
33 534
Free-cash
-9 839
-3 413
-12 945
-4 307

Estimated living cost  is ₽33534 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5100
-₽12023
-₽6157
-₽35391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
communal

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

-
-
-
2 797
social contributions
-
-
-
5 886
national
-
-
-
15 274
total
-
-
-
23 957
Employee

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

68 075
-
40 660
-
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.

592
-
354
-
communal

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

3 551
-
2 120
-
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.

5 106
-
3 050
-
national
20 929
-
10 548
-
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.

3 198
-
1 911
-
total
33 376
-
17 983
-
Employer

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

68 075
-
40 660
-
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.

4 186
-
2 501
-
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.

6 032
-
3 603
-
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.

885
-
529
-
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.

993
-
594
-
surtax
7 719
-
4 613
-
total
19 815
-
11 840
-
Corporate
-
52 500
-
-
income
-
10 500
-
-
surtax
-
209
-
-
total
-
10 709
-
-
Dividends
-
41 790
-
-
withholding

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

-
12 191
-
-
total
-
12 191
-
-
Income
52 500
52 500
52 500
52 500
Total tax
53 191
22 900
29 823
23 957
After tax
-691
29 600
22 677
28 543
Living cost
34 700
34 700
34 700
34 700
Free-cash
-35 391
-5 100
-12 023
-6 157

Estimated living cost  is ₽34700 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1102
-₽4958
-₽5332
-₽9972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
473
income
-
-
-
7 713
other
-
-
-
52
unemployment
-
-
-
367
pensions
-
-
-
14 858
total
-
-
-
23 463
Employee
47 373
-
39 811
-
other
47
-
40
-
unemployment
735
-
618
-
pensions
2 227
-
1 871
-
income
9 995
-
7 871
-
total
13 004
-
10 400
-
Employer
47 373
-
39 811
-
pensions
11 179
-
9 395
-
accident
937
-
787
-
unemployment
2 606
-
2 189
-
other
377
-
318
-
total
15 099
-
12 689
-
Corporate
-
52 500
-
-
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.

-
7 874
-
-
total
-
7 874
-
-
Dividends
-
44 626
-
-
withholding
-
9 155
-
-
total
-
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 103
17 029
23 089
23 463
After tax
24 397
35 471
29 411
29 037
Living cost
34 369
34 369
34 369
34 369
Free-cash
-9 972
1 102
-4 958
-5 332

Estimated living cost  is ₽34369 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽18684
-₽15764
-₽16839
-₽28180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
communal
-
-
-
-
accident
-
-
-
473
income
-
-
-
2 032
surtax
-
-
-
2 778
health
-
-
-
3 937
pensions
-
-
-
8 400
total
-
-
-
17 620
Employee
72 070
-
46 896
-
pensions
5 765
-
3 751
-
surtax
4 417
-
2 873
-
income
6 961
-
2 229
-
health
3 207
-
2 088
-
total
20 350
-
10 941
-
Employer
72 070
-
46 896
-
health
2 198
-
1 430
-
pensions
5 765
-
3 751
-
accident
648
-
423
-
total
8 611
-
5 604
-
Corporate
-
52 500
-
-
communal
-
3 543
-
-
income
-
7 874
-
-
surtax
-
551
-
-
total
-
11 968
-
-
Dividends
-
40 532
-
-
income
-
1 418
-
-
withholding
-
6 079
-
-
total
-
7 497
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 961
19 465
16 545
17 620
After tax
23 539
33 035
35 955
34 880
Living cost
51 719
51 719
51 719
51 719
Free-cash
-28 180
-18 684
-15 764
-16 839

Estimated living cost  is ₽51719 per week

₽38797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11646
₽7357
₽8478
₽8620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 786
other
-
-
-
-
surtax
-
-
-
415
unemployment
-
-
-
217
health
-
-
-
3 728
pensions
-
-
-
10 500
total
-
-
-
22 646
Employee
32 049
-
43 371
-
other
-
-
-
-
unemployment
2 230
-
3 018
-
pensions
2 138
-
2 893
-
surtax
114
-
329
-
income
5 373
-
7 293
-
health
818
-
1 105
-
total
10 673
-
14 638
-
Employer
32 049
-
43 371
-
health
1 457
-
1 974
-
pensions
4 273
-
5 781
-
unemployment
1 017
-
1 374
-
other
-
-
-
-
total
6 747
-
9 129
-
Corporate
13 703
52 500
-
-
income
3 563
13 650
-
-
total
3 563
13 650
-
-
Dividends
10 140
38 850
-
-
withholding
1 521
5 828
-
-
total
1 521
5 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 504
19 478
23 767
22 646
After tax
29 996
33 022
28 733
29 854
Living cost
21 376
21 376
21 376
21 376
Free-cash
8 620
11 646
7 357
8 478

Estimated living cost  is ₽21376 per week

₽12906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1959
-₽134
₽2812
-₽293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
social contributions
-
-
-
13 503
regional
-
-
-
792
municipal
-
-
-
312
national
-
-
-
9 445
total
-
-
-
24 052
Employee
52 791
-
52 500
-
municipal
280
-
278
-
national
8 364
-
8 311
-
regional
711
-
707
-
social contributions
17 802
-
17 702
-
total
27 157
-
26 998
-
Employer
52 791
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 610
-
-
nationa
-
12 600
-
-
total
-
15 210
-
-
Dividends
-
37 290
-
-
withholding
-
9 695
-
-
total
-
9 695
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 157
24 905
26 998
24 052
After tax
25 343
27 595
25 502
28 448
Living cost
25 636
25 636
25 636
25 636
Free-cash
-293
1 959
-134
2 812

Estimated living cost  is ₽25636 per week

₽15943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7003
-₽2501
-₽3572
-₽4929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 512
social contributions
-
-
-
15 330
solidarity contribution
-
-
-
-
health
-
-
-
7 087
total
-
-
-
26 929
Employee
42 857
-
39 179
-
solidarity contribution
-
-
-
-
social contributions
2 786
-
2 547
-
income
5 143
-
4 701
-
health
5 786
-
5 289
-
total
13 715
-
12 537
-
Employer
42 857
-
39 179
-
health
3 857
-
3 526
-
social contributions
10 714
-
9 795
-
total
14 571
-
13 321
-
Corporate
-
52 500
-
-
income
-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
6 379
-
-
total
-
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 286
16 354
25 858
26 929
After tax
24 214
36 146
26 642
25 571
Living cost
29 143
29 143
29 143
29 143
Free-cash
-4 929
7 003
-2 501
-3 572

Estimated living cost  is ₽29143 per week

₽21673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽113
-₽9735
-₽947
-₽1975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
3 309
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
209
health
-
-
-
4 017
pensions
-
-
-
9 713
total
-
-
-
23 085
Employee
41 601
37 926
40 770
-
other
415
379
408
-
unemployment
1 248
1 138
1 223
-
pensions
4 260
3 883
4 175
-
income
3 706
2 797
3 468
-
health
1 609
1 468
1 578
-
total
11 238
9 665
10 852
-
Employer
41 601
37 926
40 770
-
chamber of commerce
166
152
163
-
health
1 573
1 434
1 541
-
pensions
5 221
4 761
5 116
-
accident
540
493
529
-
unemployment
1 248
1 138
1 223
-
surtax
-
-
-
-
payroll
1 248
1 138
1 223
-
other
1 976
1 801
1 936
-
total
11 972
10 917
11 731
-
Corporate
3 612
3 658
37 158
-
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.

903
914
9 290
-
total
903
914
9 290
-
Dividends
-
2 745
-
-
withholding
-
755
-
-
total
-
755
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 113
22 251
31 873
23 085
After tax
28 387
30 249
20 627
29 415
Living cost
30 362
30 362
30 362
30 362
Free-cash
-1 975
-113
-9 735
-947

Estimated living cost  is ₽30362 per week

₽18214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽37665
₽29790
₽39765
₽35375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
52 500
microenterprise

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

-
-
-
525
total
-
-
-
525
Employee
15 262
-
52 500
-
income
3 053
-
10 500
-
total
3 053
-
10 500
-
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%.

37 238
52 500
-
-
total
-
-
-
-
Dividends
37 238
52 500
-
-
withholding
1 862
2 625
-
-
total
1 862
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 915
2 625
10 500
525
After tax
47 585
49 875
42 000
51 975
Living cost
12 210
12 210
12 210
12 210
Free-cash
35 375
37 665
29 790
39 765

Estimated living cost  is ₽12210 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10620
₽1900
₽3506
₽2659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income
-
-
-
8 634
unemployment
-
-
-
79
health
-
-
-
5 167
pensions
-
-
-
9 588
total
-
-
-
23 468
Employee

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

42 084
-
45 428
-
unemployment
60
-
63
-
pensions
6 523
-
7 042
-
income
7 257
-
7 962
-
health
2 718
-
2 935
-
total
16 558
-
18 002
-
Employer

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

42 084
-
45 428
-
health
2 803
-
3 025
-
pensions
3 724
-
4 020
-
unemployment
25
-
27
-
total
6 552
-
7 072
-
Corporate
3 864
52 500
-
-
income
735
9 975
-
-
total
735
9 975
-
-
Dividends
3 129
42 525
-
-
withholding
470
6 379
-
-
total
470
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 315
16 354
25 074
23 468
After tax
28 185
36 146
27 426
29 032
Living cost
25 526
25 526
25 526
25 526
Free-cash
2 659
10 620
1 900
3 506

Estimated living cost  is ₽25526 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9440
-₽1497
-₽5099
-₽90495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
10 233
social contributions
-
-
-
5 985
total
-
-
-
16 218
Employee
59 334
-
-
-
social contributions
4 865
-
693
-
income
13 088
-
-
-
total
17 953
-
693
-
Employer
59 334
-
-
-
social contributions
83 661
-
11 923
-
total
83 661
-
11 923
-
Corporate
-
52 500
-
-
income
-
11 550
-
-
total
-
11 550
-
-
Dividends
-
40 950
-
-
income
-
9 009
-
-
total
-
9 009
-
-
Income
52 500
52 500
52 500
52 500
Total tax
101 614
20 559
12 616
16 218
After tax
-49 114
31 941
39 884
36 282
Living cost
41 381
41 381
41 381
41 381
Free-cash
-90 495
-9 440
-1 497
-5 099

Estimated living cost  is ₽41381 per week

₽26850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10
-₽779
₽534
-₽1665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
52 500
income
-
-
-
3 871
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
22 115
Employee
43 770
-
42 424
-
surtax
-
-
-
-
social contributions
4 815
-
4 667
-
income
9 104
-
8 685
-
total
13 919
-
13 352
-
Employer
43 770
-
42 424
-
social contributions
10 395
-
10 076
-
total
10 395
-
10 076
-
Corporate
-
52 500
-
-
income
-
11 026
-
-
surtax
-
-
-
-
total
-
11 026
-
-
Dividends
-
41 474
-
-
withholding
-
11 613
-
-
total
-
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 314
22 639
23 428
22 115
After tax
28 186
29 861
29 072
30 385
Living cost
29 851
29 851
29 851
29 851
Free-cash
-1 665
10
-779
534

Estimated living cost  is ₽29851 per week

₽22335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19507
-₽13940
-₽14453
-₽25723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
2 241
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
455
pensions
-
-
-
15 170
total
-
-
-
20 988
Employee
59 606
-
40 006
-
pensions
6 742
-
4 526
-
surtax
-
-
-
-
social contributions
1 698
-
1 140
-
income
5 201
-
2 315
-
total
13 641
-
7 981
-
Employer
59 606
-
40 006
-
health
4 172
-
2 801
-
pensions
9 794
-
6 574
-
unemployment
2 415
-
1 620
-
social contributions
179
-
119
-
other
2 057
-
1 380
-
total
18 617
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 701
-
-
surtax
-
-
-
-
total
-
14 701
-
-
Dividends
-
37 799
-
-
surtax
-
-
-
-
social contributions
-
6 503
-
-
withholding
-
4 838
-
-
total
-
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
32 258
26 042
20 475
20 988
After tax
20 242
26 458
32 025
31 512
Living cost
45 965
45 965
45 965
45 965
Free-cash
-25 723
-19 507
-13 940
-14 453

Estimated living cost  is ₽45965 per week

₽31108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18643
₽13893
₽12344
₽15446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
-
social contributions
-
-
-
11 549
total
-
-
-
11 549
Employee
30 596
-
45 455
-
income
-
-
-
-
social contributions
1 988
-
2 955
-
total
1 988
-
2 955
-
Employer
30 596
-
45 455
-
social contributions
4 743
-
7 045
-
total
4 743
-
7 045
-
Corporate
17 162
52 500
-
-
income
1 716
5 250
-
-
total
1 716
5 250
-
-
Dividends
15 446
47 250
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
8 447
5 250
10 000
11 549
After tax
44 053
47 250
42 500
40 951
Living cost
28 607
28 607
28 607
28 607
Free-cash
15 446
18 643
13 893
12 344

Estimated living cost  is ₽28607 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽154660
-₽154660
-₽11577
-₽154660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
labour market
-
-
-
4 134
municipal
-
-
-
8 409
national
-
-
-
4 919
pensions
-
-
-
824
total
-
-
-
18 286
Employee
193 271
193 271
193 271
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 612
23 612
23 612
-
total
80 483
80 483
80 483
-
Employer
193 271
193 271
193 271
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 222
41 222
41 222
-
total
80 886
80 886
80 886
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
161 369
161 369
161 369
18 286
After tax
-108 869
-108 869
-108 869
34 214
Living cost
45 791
45 791
45 791
45 791
Free-cash
-154 660
-154 660
-154 660
-11 577

Estimated living cost  is ₽45791 per week

₽31340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16599
₽6874
₽15458
₽1053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
243
income
-
-
-
9 489
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
16 190
Employee
32 801
-
43 612
-
pensions
3 694
-
4 911
-
income
4 500
-
5 983
-
health
3 756
-
4 993
-
total
11 950
-
15 887
-
Employer
32 801
-
43 612
-
pensions
5 333
-
7 091
-
accident
548
-
728
-
unemployment
804
-
1 068
-
total
6 685
-
8 887
-
Corporate
13 014
52 500
-
-
income

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

11 713
47 250
-
-
total
11 713
47 250
-
-
Dividends
1 302
5 250
-
-
withholding
247
997
-
-
total
247
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 595
48 247
24 774
16 190
After tax
21 905
4 253
27 726
36 310
Living cost
20 852
20 852
20 852
20 852
Free-cash
1 053
-16 599
6 874
15 458

Estimated living cost  is ₽20852 per week

₽15178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽209
-₽4051
₽4459
-₽7018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
52 500
health
-
-
-
412
municipal
-
-
-
9 377
national
-
-
-
1 714
total
-
-
-
11 503
Employee
50 070
-
44 167
-
municipal
8 201
-
7 244
-
unemployment
751
-
663
-
pensions
3 379
-
2 982
-
national
827
-
507
-
health
374
-
284
-
total
13 532
-
11 680
-
Employer
50 070
-
44 167
-
health
385
-
340
-
pensions
8 687
-
7 663
-
accident
51
-
43
-
unemployment
325
-
287
-
total
9 448
-
8 333
-
Corporate
-
52 500
-
-
income
-
10 500
-
-
total
-
10 500
-
-
Dividends

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

-
31 500
-
-
municipal
-
5 671
-
-
national
-
-
-
-
total
-
5 671
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 980
16 171
20 013
11 503
After tax
29 520
36 329
32 487
40 997
Living cost
36 538
36 538
36 538
36 538
Free-cash
-7 018
-209
-4 051
4 459

Estimated living cost  is ₽36538 per week

₽23866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽8945
₽13326
₽19387
₽11461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
1 551
social contributions
-
-
-
8 190
health
-
-
-
1 338
total
-
-
-
11 079
Employee
73 180
73 180
73 180
-
social contributions
2 767
6 074
3 955
-
income
7 968
6 774
7 538
-
health
567
1 244
811
-
total
11 302
14 092
12 304
-
Employer
73 180
73 180
73 180
-
health
616
1 355
881
-
social contributions
2 767
6 074
3 955
-
total
3 383
7 429
4 836
-
Corporate
15 781
-
-
-
income
1 972
-
-
-
total
1 972
-
-
-
Dividends
13 809
-
-
-
withholding
2 348
-
-
-
total
2 348
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 005
21 521
17 140
11 079
After tax
33 495
30 979
35 360
41 421
Living cost
22 034
22 034
22 034
22 034
Free-cash
11 461
8 945
13 326
19 387

Estimated living cost  is ₽22034 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28365
₽17422
₽23474
₽23524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 500
income
-
-
-
4 391
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 054
total
-
-
-
13 916
Employee

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

21 844
-
47 597
-
unemployment
108
-
238
-
pensions
3 276
-
7 139
-
income
1 494
-
3 643
-
health
1 857
-
4 045
-
total
6 735
-
15 065
-
Employer

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

21 844
-
47 597
-
health
939
-
2 046
-
pensions
1 201
-
2 619
-
unemployment
108
-
238
-
total
2 248
-
4 903
-
Corporate
28 407
52 500
-
-
income
2 557
4 725
-
-
total
2 557
4 725
-
-
Dividends
25 850
47 775
-
-
withholding
2 326
4 300
-
-
total
2 326
4 300
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 866
9 025
19 968
13 916
After tax
38 634
43 475
32 532
38 584
Living cost
15 110
15 110
15 110
15 110
Free-cash
23 524
28 365
17 422
23 474

Estimated living cost  is ₽15110 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9301
₽3241
₽2867
₽4196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
473
income
-
-
-
7 713
other
-
-
-
52
unemployment
-
-
-
367
pensions
-
-
-
14 858
total
-
-
-
23 463
Employee
35 189
-
39 811
-
other
34
-
40
-
unemployment
545
-
618
-
pensions
1 654
-
1 871
-
income
6 784
-
7 871
-
total
9 017
-
10 400
-
Employer
35 189
-
39 811
-
pensions
8 304
-
9 395
-
accident
697
-
787
-
unemployment
1 936
-
2 189
-
other
282
-
318
-
total
11 219
-
12 689
-
Corporate
6 092
52 500
-
-
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.

914
7 874
-
-
total
914
7 874
-
-
Dividends
5 178
44 626
-
-
withholding
984
9 155
-
-
total
984
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 134
17 029
23 089
23 463
After tax
30 366
35 471
29 411
29 037
Living cost
26 170
26 170
26 170
26 170
Free-cash
4 196
9 301
3 241
2 867

Estimated living cost  is ₽26170 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30891
₽31026
₽31159
₽30585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
17 121
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
19 472
Employee
2 847
-
50 966
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
551
-
17 049
-
health
142
-
341
-
total
977
-
18 071
-
Employer
2 847
-
50 966
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
49 013
52 500
-
-
income
10 783
11 550
-
-
total
10 783
11 550
-
-
Dividends
38 230
40 950
-
-
withholding
7 646
8 190
-
-
total
7 646
8 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 046
19 740
19 605
19 472
After tax
32 454
32 760
32 895
33 028
Living cost
1 869
1 869
1 869
1 869
Free-cash
30 585
30 891
31 026
31 159

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21474
₽11843
₽9584
₽16793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income
-
-
-
6 615
unemployment
-
-
-
787
health
-
-
-
5 407
pensions
-
-
-
13 650
total
-
-
-
26 459
Employee

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

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

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

24 816
-
44 529
-
unemployment
186
-
334
-
pensions
3 474
-
6 234
-
income
3 421
-
7 368
-
health
1 278
-
2 293
-
total
8 359
-
16 229
-
Employer

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

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

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

24 816
-
44 529
-
health
1 278
-
2 293
-
pensions
2 978
-
5 344
-
unemployment
186
-
334
-
total
4 442
-
7 971
-
Corporate
23 242
52 500
-
-
income
3 486
7 875
-
-
total
3 486
7 875
-
-
Dividends
19 756
44 625
-
-
withholding
2 963
6 694
-
-
total
2 963
6 694
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 250
14 569
24 200
26 459
After tax
33 250
37 931
28 300
26 041
Living cost
16 457
16 457
16 457
16 457
Free-cash
16 793
21 474
11 843
9 584

Estimated living cost  is ₽16457 per week

₽11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4204
₽3415
₽4728
₽3860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
52 500
income
-
-
-
3 871
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
22 115
Employee
36 937
-
42 424
-
surtax
-
-
-
-
social contributions
4 064
-
4 667
-
income
7 217
-
8 685
-
total
11 281
-
13 352
-
Employer
36 937
-
42 424
-
social contributions
8 772
-
10 076
-
total
8 772
-
10 076
-
Corporate
6 791
52 500
-
-
income
1 427
11 026
-
-
surtax
-
-
-
-
total
1 427
11 026
-
-
Dividends
5 364
41 474
-
-
withholding
1 503
11 613
-
-
total
1 503
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 983
22 639
23 428
22 115
After tax
29 517
29 861
29 072
30 385
Living cost
25 657
25 657
25 657
25 657
Free-cash
3 860
4 204
3 415
4 728

Estimated living cost  is ₽25657 per week

₽18172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2025
-₽4035
-₽4409
-₽8116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
473
income
-
-
-
7 713
other
-
-
-
52
unemployment
-
-
-
367
pensions
-
-
-
14 858
total
-
-
-
23 463
Employee
45 962
-
39 811
-
other
45
-
40
-
unemployment
712
-
618
-
pensions
2 160
-
1 871
-
income
9 600
-
7 871
-
total
12 517
-
10 400
-
Employer
45 962
-
39 811
-
pensions
10 847
-
9 395
-
accident
910
-
787
-
unemployment
2 528
-
2 189
-
other
368
-
318
-
total
14 653
-
12 689
-
Corporate
-
52 500
-
-
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.

-
7 874
-
-
total
-
7 874
-
-
Dividends
-
44 626
-
-
withholding
-
9 155
-
-
total
-
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 170
17 029
23 089
23 463
After tax
25 330
35 471
29 411
29 037
Living cost
33 446
33 446
33 446
33 446
Free-cash
-8 116
2 025
-4 035
-4 409

Estimated living cost  is ₽33446 per week

₽24020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28518
₽20199
₽19382
₽22719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 875
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
16 749
Employee
21 675
-
45 979
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 903
-
2 918
-
income
2 168
-
4 598
-
health
997
-
1 529
-
total
5 306
-
9 411
-
Employer
21 675
-
45 979
-
health
1 496
-
2 293
-
pensions

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

2 389
-
3 663
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
199
-
total
4 253
-
6 521
-
Corporate
26 572
52 500
-
-
income
2 657
5 250
-
-
total
2 657
5 250
-
-
Dividends
23 915
47 250
-
-
withholding
1 196
2 363
-
-
total
1 196
2 363
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 412
7 613
15 932
16 749
After tax
39 088
44 887
36 568
35 751
Living cost
16 369
16 369
16 369
16 369
Free-cash
22 719
28 518
20 199
19 382

Estimated living cost  is ₽16369 per week

₽10826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9532
₽3616
₽2431
₽2915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income

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

-
-
-
5 346
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.

-
-
-
294
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.

-
-
-
6 502
trade
-
-
-
1 185
total
-
-
-
13 327
Employee

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

47 352
-
52 500
-
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.

215
-
294
-
income

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

3 894
-
5 346
-
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.

6 502
-
6 502
-
total
10 611
-
12 142
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 148
52 500
-
-
income
773
7 874
-
-
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.

43
433
-
-
chamber of commerce
152
222
-
-
trade
739
7 535
-
-
total
1 707
16 064
-
-
Dividends
3 441
36 436
-
-
surtax

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

27
480
-
-
withholding
498
8 746
-
-
total
525
9 226
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 843
25 290
12 142
13 327
After tax
39 657
27 210
40 358
39 173
Living cost
36 742
36 742
36 742
36 742
Free-cash
2 915
-9 532
3 616
2 431

Estimated living cost  is ₽36742 per week

₽25345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17462
-₽13002
-₽13002
-₽21944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 520
social contributions
-
-
-
3 770
total
-
-
-
11 290
Employee
74 443
-
52 500
-
income
14 047
-
7 520
-
social contributions
6 185
-
3 770
-
total
20 232
-
11 290
-
Employer
74 443
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
income
-
6 563
-
-
total
-
6 563
-
-
Dividends
-
45 937
-
-
withholding
-
9 187
-
-
total
-
9 187
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 232
15 750
11 290
11 290
After tax
32 268
36 750
41 210
41 210
Living cost
54 212
54 212
54 212
54 212
Free-cash
-21 944
-17 462
-13 002
-13 002

Estimated living cost  is ₽54212 per week

₽41244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5448
₽3347
-₽15007
₽64
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income
-
-
-
27 090
health

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

-
-
-
5 871
total
-
-
-
32 961
Employee
43 658
-
48 122
-
income
4 737
-
5 851
-
social contributions
4 374
-
4 378
-
total
9 111
-
10 229
-
Employer
43 658
-
48 122
-
social contributions
4 374
-
4 378
-
total
4 374
-
4 378
-
Corporate
4 468
52 500
-
-
income
1 564
18 374
-
-
total
1 564
18 374
-
-
Dividends
2 904
34 126
-
-
social contributions
2 841
5 028
-
-
total
2 841
5 028
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 890
23 402
14 607
32 961
After tax
34 610
29 098
37 893
19 539
Living cost
34 546
34 546
34 546
34 546
Free-cash
64
-5 448
3 347
-15 007

Estimated living cost  is ₽34546 per week

₽22756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4237
-₽867
₽4385
-₽1458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
9 872
pensions
-
-
-
3 146
total
-
-
-
13 018
Employee
48 175
-
46 917
-
pensions
3 677
-
3 527
-
income
8 773
-
8 557
-
health
628
-
603
-
total
13 078
-
12 687
-
Employer
48 175
-
46 917
-
health
916
-
891
-
pensions
4 867
-
4 692
-
total
5 783
-
5 583
-
Corporate
-
52 500
-
-
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.

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 861
13 166
18 270
13 018
After tax
33 639
39 334
34 230
39 482
Living cost
35 097
35 097
35 097
35 097
Free-cash
-1 458
4 237
-867
4 385

Estimated living cost  is ₽35097 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18663
₽4810
₽13394
₽739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
243
income
-
-
-
9 489
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
16 190
Employee
36 048
-
43 612
-
pensions
4 059
-
4 911
-
income
4 945
-
5 983
-
health
4 127
-
4 993
-
total
13 131
-
15 887
-
Employer
36 048
-
43 612
-
pensions
5 861
-
7 091
-
accident
602
-
728
-
unemployment
883
-
1 068
-
total
7 346
-
8 887
-
Corporate
9 106
52 500
-
-
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.

8 195
47 250
-
-
total
8 195
47 250
-
-
Dividends
911
5 250
-
-
withholding
173
997
-
-
total
173
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 845
48 247
24 774
16 190
After tax
23 655
4 253
27 726
36 310
Living cost
22 916
22 916
22 916
22 916
Free-cash
739
-18 663
4 810
13 394

Estimated living cost  is ₽22916 per week

₽16818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31784
₽18305
₽18305
₽27161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
52 500
income
-
-
-
6 917
unemployment
-
-
-
630
work injury
-
-
-
262
health insurance
-
-
-
3 885
pensions
-
-
-
9 660
total
-
-
-
21 354
Employee

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

20 545
-
52 500
-
health insurance
1 520
-
3 885
-
unemployment
247
-
630
-
work injury
103
-
262
-
pensions
3 780
-
9 660
-
income
2 055
-
6 917
-
total
7 705
-
21 354
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 955
52 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
31 955
52 500
-
-
withholding
4 793
7 875
-
-
total
4 793
7 875
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 498
7 875
21 354
21 354
After tax
40 002
44 625
31 146
31 146
Living cost
12 841
12 841
12 841
12 841
Free-cash
27 161
31 784
18 305
18 305

Estimated living cost  is ₽12841 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10259
-₽12418
-₽9505
-₽27696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
social contributions
-
-
-
13 503
regional
-
-
-
794
municipal
-
-
-
350
national
-
-
-
9 445
total
-
-
-
24 092
Employee
80 195
-
52 500
-
municipal
479
-
312
-
national
13 552
-
8 311
-
regional
1 211
-
680
-
social contributions
27 041
-
17 702
-
total
42 283
-
27 005
-
Employer
80 195
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 530
-
-
nationa
-
12 600
-
-
total
-
15 130
-
-
Dividends
-
37 369
-
-
withholding
-
9 716
-
-
total
-
9 716
-
-
Income
52 500
52 500
52 500
52 500
Total tax
42 283
24 846
27 005
24 092
After tax
10 217
27 654
25 495
28 408
Living cost
37 913
37 913
37 913
37 913
Free-cash
-27 696
-10 259
-12 418
-9 505

Estimated living cost  is ₽37913 per week

₽26631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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