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
-₽3488
₽10359
₽9384
₽7529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 897
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.

-
-
-
270
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.

-
-
-
6 805
trade
-
-
-
975
total
-
-
-
12 947
Employee

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

38 096
-
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.

59
-
270
-
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.

1 064
-
4 897
-
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.

6 805
-
6 805
-
total
7 928
-
11 972
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 404
52 500
-
-
income
2 160
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.

119
433
-
-
chamber of commerce
172
227
-
-
trade
2 268
8 269
-
-
total
4 719
16 803
-
-
Dividends
9 684
35 697
-
-
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.

112
471
-
-
withholding
2 043
8 545
-
-
total
2 155
9 016
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 802
25 819
11 972
12 947
After tax
37 698
26 681
40 528
39 553
Living cost
30 169
30 169
30 169
30 169
Free-cash
7 529
-3 488
10 359
9 384

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19978
-₽18993
-₽19404
-₽36673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 825
national
-
-
-
7 477
pensions
-
-
-
6 300
total
-
-
-
19 166
Employee
81 754
-
45 386
-
municipal
10 098
-
5 029
-
pensions
3 270
-
1 815
-
national
15 648
-
7 792
-
total
29 016
-
14 636
-
Employer
81 754
-
45 386
-
pensions
6 540
-
3 631
-
social contributions
879
-
488
-
total
7 419
-
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
36 435
19 740
18 755
19 166
After tax
16 065
32 760
33 745
33 334
Living cost
52 738
52 738
52 738
52 738
Free-cash
-36 673
-19 978
-18 993
-19 404

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21278
₽9402
₽20768
₽13106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
3 136
microenterprise
-
-
-
7 874
total
-
-
-
11 010
Employee
29 104
-
42 308
-
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.

3 202
-
4 654
-
income
5 181
-
7 530
-
total
8 383
-
12 184
-
Employer
29 104
-
42 308
-
social contributions

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

7 011
-
10 192
-
surtax
-
-
-
-
total
7 011
-
10 192
-
Corporate
16 385
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%.

3 278
10 500
-
-
total
3 278
10 500
-
-
Dividends

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

13 107
42 000
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 672
10 500
22 376
11 010
After tax
33 828
42 000
30 124
41 490
Living cost
20 722
20 722
20 722
20 722
Free-cash
13 106
21 278
9 402
20 768

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
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.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40816
-₽46406
-₽11661
-₽46406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 927
health
-
-
-
8 058
pensions
-
-
-
9 451
total
-
-
-
22 436
Employee
85 057
85 057
85 057
-
pensions
15 310
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
13 055
11 105
13 055
-
total
42 287
36 697
42 287
-
Employer
85 057
85 057
85 057
-
health
5 912
5 912
5 912
-
pensions
5 920
5 920
5 920
-
unemployment
3 062
3 062
3 062
-
total
14 894
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
57 181
51 591
57 181
22 436
After tax
-4 681
909
-4 681
30 064
Living cost
41 725
41 725
41 725
41 725
Free-cash
-46 406
-40 816
-46 406
-11 661

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12328
-₽12958
-₽14822
-₽24263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 100
unemployment
-
-
-
53
health
-
-
-
3 276
municipal
-
-
-
11 120
national
-
-
-
-
pensions
-
-
-
5 675
total
-
-
-
26 329
Employee
58 411
-
39 948
-
municipal
17 418
-
11 913
-
national
-
-
-
-
total
17 418
-
11 913
-
Employer
58 411
-
39 948
-
health
3 592
-
2 457
-
pensions
6 314
-
4 318
-
accident
117
-
80
-
unemployment
1 542
-
1 055
-
other
6 787
-
4 642
-
total
18 352
-
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
35 770
23 835
24 465
26 329
After tax
16 730
28 665
28 035
26 171
Living cost
40 993
40 993
40 993
40 993
Free-cash
-24 263
-12 328
-12 958
-14 822

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12718
₽1400
₽381
₽1193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 897
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.

-
-
-
270
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.

-
-
-
6 805
trade
-
-
-
1 019
total
-
-
-
12 991
Employee

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

50 511
-
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.

238
-
270
-
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.

4 340
-
4 897
-
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.

6 805
-
6 805
-
total
11 383
-
11 972
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 989
52 500
-
-
income
299
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.

17
433
-
-
chamber of commerce
153
227
-
-
trade
327
8 636
-
-
total
796
17 170
-
-
Dividends
1 194
35 330
-
-
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.

-
465
-
-
withholding
-
8 455
-
-
total
-
8 920
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 179
26 090
11 972
12 991
After tax
40 321
26 410
40 528
39 509
Living cost
39 128
39 128
39 128
39 128
Free-cash
1 193
-12 718
1 400
381

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2330
₽2632
₽9443
₽2263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
1 223
social contributions
-
-
-
8 190
health
-
-
-
1 338
total
-
-
-
10 751
Employee
76 590
76 590
76 590
-
social contributions
3 722
6 357
3 956
-
income
8 043
7 090
7 958
-
health
762
1 302
811
-
total
12 527
14 749
12 725
-
Employer
76 590
76 590
76 590
-
health
830
1 418
881
-
social contributions
3 722
6 357
3 956
-
total
4 552
7 775
4 837
-
Corporate
3 116
-
-
-
income
389
-
-
-
total
389
-
-
-
Dividends
2 727
-
-
-
withholding
463
-
-
-
total
463
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 931
22 524
17 562
10 751
After tax
34 569
29 976
34 938
41 749
Living cost
32 306
32 306
32 306
32 306
Free-cash
2 263
-2 330
2 632
9 443

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
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.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11523
₽12204
₽18139
₽11900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
health
-
-
-
3 675
pensions
-
-
-
5 250
total
-
-
-
16 130
Employee

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

The minimum wage is 138,000 HUF per month.

26 317
10 474
43 933
-
unemployment
395
157
659
-
pensions
2 632
1 047
4 393
-
income
3 217
1 280
5 371
-
health
1 842
733
3 075
-
total
8 086
3 217
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.

26 317
10 474
43 933
-
pensions
5 132
2 042
8 567
-
total
5 132
2 042
8 567
-
Corporate
21 051
39 984
-
-
income
1 895
3 599
-
-
total
1 895
3 599
-
-
Dividends
19 157
36 385
-
-
social contributions
3 616
6 975
-
-
withholding
3 640
6 913
-
-
total
7 256
13 888
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 369
22 746
22 065
16 130
After tax
30 131
29 754
30 435
36 370
Living cost
18 231
18 231
18 231
18 231
Free-cash
11 900
11 523
12 204
18 139

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17942
₽7292
₽5465
₽11753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 652
health
-
-
-
6 825
pensions
-
-
-
10 500
total
-
-
-
22 977
Employee
28 256
-
39 237
-
unemployment
452
-
628
-
pensions
565
-
784
-
income
3 181
-
6 476
-
total
4 198
-
7 888
-
Employer
28 256
-
39 237
-
health
3 673
-
5 102
-
pensions
5 652
-
7 846
-
unemployment
227
-
314
-
total
9 552
-
13 262
-
Corporate
14 693
52 500
-
-
income
2 939
10 500
-
-
total
2 939
10 500
-
-
Dividends
11 754
42 000
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 689
10 500
21 150
22 977
After tax
35 811
42 000
31 350
29 523
Living cost
24 058
24 058
24 058
24 058
Free-cash
11 753
17 942
7 292
5 465

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17916
₽5556
₽14171
₽852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
9 142
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
16 160
Employee
34 873
-
43 612
-
pensions
3 927
-
4 911
-
income
4 784
-
5 983
-
health
3 993
-
4 993
-
total
12 704
-
15 887
-
Employer
34 873
-
43 612
-
pensions
5 671
-
7 092
-
accident
582
-
728
-
unemployment
854
-
1 068
-
total
7 107
-
8 888
-
Corporate
10 520
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.

9 468
47 250
-
-
total
9 468
47 250
-
-
Dividends
1 052
5 250
-
-
withholding
200
997
-
-
total
200
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 479
48 247
24 775
16 160
After tax
23 021
4 253
27 725
36 340
Living cost
22 169
22 169
22 169
22 169
Free-cash
852
-17 916
5 556
14 171

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41730
₽33855
₽43830
₽40203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 181
-
52 500
-
income
2 036
-
10 500
-
total
2 036
-
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%.

42 319
52 500
-
-
total
-
-
-
-
Dividends
42 319
52 500
-
-
withholding
2 116
2 625
-
-
total
2 116
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 152
2 625
10 500
525
After tax
48 348
49 875
42 000
51 975
Living cost
8 145
8 145
8 145
8 145
Free-cash
40 203
41 730
33 855
43 830

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12032
₽4230
₽1887
₽5305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 493
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.

-
-
-
12 602
total
-
-
-
24 073
Employee
36 165
-
41 932
-
unemployment
361
-
420
-
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.

2 531
-
2 935
-
income
6 226
-
7 218
-
health
507
-
588
-
total
9 625
-
11 161
-
Employer
36 165
-
41 932
-
health
507
-
588
-
pensions

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

6 149
-
7 130
-
accident
289
-
335
-
unemployment
361
-
420
-
other
1 809
-
2 096
-
total
9 115
-
10 569
-
Corporate
7 221
52 500
-
-
income
1 516
11 025
-
-
total
1 516
11 025
-
-
Dividends
5 705
41 475
-
-
withholding
399
2 903
-
-
total
399
2 903
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 655
13 928
21 730
24 073
After tax
31 845
38 572
30 770
28 427
Living cost
26 540
26 540
26 540
26 540
Free-cash
5 305
12 032
4 230
1 887

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26977
-₽31932
-₽26767
-₽54181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 885
pensions
-
-
-
3 070
total
-
-
-
12 955
Employee
93 822
-
46 993
-
pensions
9 051
-
3 433
-
income
16 912
-
8 595
-
health
1 546
-
585
-
total
27 509
-
12 613
-
Employer
93 822
-
46 993
-
health
1 782
-
893
-
pensions
11 078
-
4 614
-
total
12 860
-
5 507
-
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.

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
40 369
13 165
18 120
12 955
After tax
12 131
39 335
34 380
39 545
Living cost
66 312
66 312
66 312
66 312
Free-cash
-54 181
-26 977
-31 932
-26 767

Estimated living cost  is ₽66312 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31829
₽23011
₽22278
₽27204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
17 164
Employee
17 290
-
45 675
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
pensions

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

1 518
-
3 055
-
income
1 729
-
4 568
-
health
795
-
1 600
-
total
4 232
-
9 606
-
Employer
17 290
-
45 675
-
health
1 193
-
2 400
-
pensions

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

1 906
-
3 833
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
unemployment
103
-
209
-
total
3 392
-
6 825
-
Corporate
31 817
52 500
-
-
income
3 182
5 250
-
-
total
3 182
5 250
-
-
Dividends
28 635
47 250
-
-
withholding
1 432
2 363
-
-
total
1 432
2 363
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 238
7 613
16 431
17 164
After tax
40 262
44 887
36 069
35 336
Living cost
13 058
13 058
13 058
13 058
Free-cash
27 204
31 829
23 011
22 278

Estimated living cost  is ₽13058 per week

₽7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽54322
-₽59912
-₽25167
-₽56012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 927
health
-
-
-
8 058
pensions
-
-
-
9 451
total
-
-
-
22 436
Employee
92 345
85 057
85 057
-
pensions
11 670
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
11 520
11 105
13 055
-
total
37 112
36 697
42 287
-
Employer
92 345
85 057
85 057
-
health
6 417
5 912
5 912
-
pensions
6 427
5 920
5 920
-
unemployment
3 325
3 062
3 062
-
total
16 169
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
53 281
51 591
57 181
22 436
After tax
-781
909
-4 681
30 064
Living cost
55 231
55 231
55 231
55 231
Free-cash
-56 012
-54 322
-59 912
-25 167

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11396
₽1892
₽820
₽2566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 088
total
-
-
-
26 930
Employee
36 396
-
39 179
-
solidarity contribution
-
-
-
-
social contributions
2 366
-
2 547
-
income
4 368
-
4 701
-
health
4 914
-
5 289
-
total
11 648
-
12 537
-
Employer
36 396
-
39 179
-
health
3 276
-
3 526
-
social contributions
9 099
-
9 795
-
total
12 375
-
13 321
-
Corporate
3 729
52 500
-
-
income
708
9 975
-
-
total
708
9 975
-
-
Dividends
3 020
42 525
-
-
withholding
453
6 379
-
-
total
453
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 184
16 354
25 858
26 930
After tax
27 316
36 146
26 642
25 570
Living cost
24 750
24 750
24 750
24 750
Free-cash
2 566
11 396
1 892
820

Estimated living cost  is ₽24750 per week

₽17191
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.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14018
-₽16223
-₽13257
-₽36021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
517
municipal
-
-
-
312
national
-
-
-
9 396
total
-
-
-
23 728
Employee
88 521
-
52 500
-
municipal
469
-
278
-
national
15 339
-
8 262
-
regional
835
-
451
-
social contributions
29 849
-
17 703
-
total
46 492
-
26 694
-
Employer
88 521
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 047
-
-
nationa
-
12 600
-
-
total
-
14 647
-
-
Dividends
-
37 853
-
-
withholding
-
9 842
-
-
total
-
9 842
-
-
Income
52 500
52 500
52 500
52 500
Total tax
46 492
24 489
26 694
23 728
After tax
6 008
28 011
25 806
28 772
Living cost
42 029
42 029
42 029
42 029
Free-cash
-36 021
-14 018
-16 223
-13 257

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11043
₽6803
₽8090
₽7944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 631
other
-
-
-
-
surtax
-
-
-
344
unemployment
-
-
-
227
health
-
-
-
3 729
pensions
-
-
-
10 500
total
-
-
-
22 431
Employee
32 938
-
43 371
-
other
-
-
-
-
unemployment
2 293
-
3 019
-
pensions
2 196
-
2 892
-
surtax
108
-
301
-
income
5 521
-
7 271
-
health
841
-
1 106
-
total
10 959
-
14 589
-
Employer
32 938
-
43 371
-
health
1 499
-
1 973
-
pensions
4 391
-
5 782
-
unemployment
1 043
-
1 374
-
other
-
-
-
-
total
6 933
-
9 129
-
Corporate
12 629
52 500
-
-
income
3 283
13 651
-
-
total
3 283
13 651
-
-
Dividends
9 346
38 849
-
-
withholding
1 402
5 827
-
-
total
1 402
5 827
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 577
19 478
23 718
22 431
After tax
29 923
33 022
28 782
30 069
Living cost
21 979
21 979
21 979
21 979
Free-cash
7 944
11 043
6 803
8 090

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5968
-₽10923
-₽5758
-₽18377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 885
pensions
-
-
-
3 070
total
-
-
-
12 955
Employee
62 877
-
46 993
-
pensions
5 337
-
3 433
-
income
11 324
-
8 595
-
health
913
-
585
-
total
17 574
-
12 613
-
Employer
62 877
-
46 993
-
health
1 194
-
893
-
pensions
6 806
-
4 614
-
total
8 000
-
5 507
-
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.

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 574
13 165
18 120
12 955
After tax
26 926
39 335
34 380
39 545
Living cost
45 303
45 303
45 303
45 303
Free-cash
-18 377
-5 968
-10 923
-5 758

Estimated living cost  is ₽45303 per week

₽33941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54704
-₽36910
-₽34059
-₽48388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 049
regional
-
-
-
1 027
health
-
-
-
257
city
-
-
-
552
national
-
-
-
131
pensions
-
-
-
4 832
total
-
-
-
7 848
Employee
92 112
-
46 898
-
unemployment
-
-
-
-
pensions
7 739
-
4 043
-
national
436
-
99
-
regional
3 016
-
863
-
city
989
-
503
-
health
208
-
105
-
total
12 388
-
5 613
-
Employer
92 112
-
46 898
-
health
208
-
105
-
pensions
7 739
-
4 043
-
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.

1 842
-
938
-
total
9 789
-
5 086
-
Corporate
-
52 500
-
-
regional
-
11 105
-
-
national
-
4 462
-
-
total
-
15 567
-
-
Dividends
-
36 934
-
-
withholding
-
12 926
-
-
total
-
12 926
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 177
28 493
10 699
7 848
After tax
30 323
24 007
41 801
44 652
Living cost
78 711
78 711
78 711
78 711
Free-cash
-48 388
-54 704
-36 910
-34 059

Estimated living cost  is ₽78711 per week

₽51185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19485
-₽5101
-₽6163
-₽7360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 897
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.

-
-
-
270
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.

-
-
-
6 805
trade
-
-
-
1 062
total
-
-
-
13 034
Employee

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

59 860
-
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.

387
-
270
-
income

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

7 039
-
4 897
-
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.

6 805
-
6 805
-
total
14 231
-
11 972
-
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
-
225
-
-
trade
-
9 003
-
-
total
-
17 535
-
-
Dividends
-
34 965
-
-
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.

-
459
-
-
withholding
-
8 362
-
-
total
-
8 821
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 231
26 356
11 972
13 034
After tax
38 269
26 144
40 528
39 466
Living cost
45 629
45 629
45 629
45 629
Free-cash
-7 360
-19 485
-5 101
-6 163

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7619
-₽1935
-₽2509
-₽3443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 115
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
456
pensions
-
-
-
15 238
total
-
-
-
20 931
Employee
42 629
-
40 006
-
pensions
4 820
-
4 525
-
surtax
-
-
-
-
social contributions
1 215
-
1 140
-
income
2 516
-
2 198
-
total
8 551
-
7 863
-
Employer
42 629
-
40 006
-
health
2 985
-
2 801
-
pensions
7 003
-
6 574
-
unemployment
1 726
-
1 620
-
social contributions
129
-
119
-
other
1 471
-
1 380
-
total
13 314
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 700
-
-
surtax
-
-
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
surtax
-
-
-
-
social contributions
-
6 502
-
-
withholding
-
4 839
-
-
total
-
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 865
26 041
20 357
20 931
After tax
30 635
26 459
32 143
31 569
Living cost
34 078
34 078
34 078
34 078
Free-cash
-3 443
-7 619
-1 935
-2 509

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4242
₽1442
₽868
₽1293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 115
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
456
pensions
-
-
-
15 238
total
-
-
-
20 931
Employee
38 052
-
40 006
-
pensions
4 304
-
4 525
-
surtax
-
-
-
-
social contributions
1 085
-
1 140
-
income
1 962
-
2 198
-
total
7 351
-
7 863
-
Employer
38 052
-
40 006
-
health
2 663
-
2 801
-
pensions
6 253
-
6 574
-
unemployment
1 540
-
1 620
-
social contributions
113
-
119
-
other
1 314
-
1 380
-
total
11 883
-
12 494
-
Corporate
2 565
52 500
-
-
income
718
14 700
-
-
surtax
-
-
-
-
total
718
14 700
-
-
Dividends
1 846
37 800
-
-
surtax
-
-
-
-
social contributions
318
6 502
-
-
withholding
236
4 839
-
-
total
554
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 506
26 041
20 357
20 931
After tax
31 994
26 459
32 143
31 569
Living cost
30 701
30 701
30 701
30 701
Free-cash
1 293
-4 242
1 442
868

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
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.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10909
₽10530
₽12595
₽11426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 245
health
-
-
-
3 665
total
-
-
-
18 784
Employee
33 771
-
52 500
-
social contributions
4 661
-
7 245
-
income
5 633
-
9 940
-
health
2 357
-
3 665
-
total
12 651
-
20 850
-
Employer
33 771
-
52 500
-
total
-
-
-
-
Corporate
18 729
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%.

936
2 625
-
-
total
936
2 625
-
-
Dividends
17 793
49 875
-
-
social contributions
2 455
6 882
-
-
withholding
2 669
7 481
-
-
health
1 242
3 482
-
-
total
6 366
17 845
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 953
20 470
20 850
18 784
After tax
32 547
32 030
31 650
33 716
Living cost
21 120
21 120
21 120
21 120
Free-cash
11 426
10 909
10 530
12 595

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5345
-₽14166
-₽5809
-₽12742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 968
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
210
health
-
-
-
4 017
pensions
-
-
-
9 712
total
-
-
-
23 213
Employee
49 777
39 693
40 613
-
other
497
397
406
-
unemployment
1 493
1 191
1 219
-
pensions
5 098
4 064
4 158
-
income
5 667
2 928
3 117
-
health
1 926
1 537
1 573
-
total
14 681
10 117
10 473
-
Employer
49 777
39 693
40 613
-
chamber of commerce
198
159
163
-
health
1 881
1 501
1 535
-
pensions
6 247
4 982
5 098
-
accident
646
516
527
-
unemployment
1 493
1 191
1 219
-
surtax
197
197
197
-
payroll
1 493
1 191
1 219
-
other
2 365
1 884
1 930
-
total
14 520
11 621
11 888
-
Corporate
3 780
3 780
36 833
-
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.

945
945
9 209
-
total
945
945
9 209
-
Dividends
-
241
-
-
withholding
-
66
-
-
total
-
66
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 146
22 749
31 570
23 213
After tax
22 354
29 751
20 930
29 287
Living cost
35 096
35 096
35 096
35 096
Free-cash
-12 742
-5 345
-14 166
-5 809

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6701
-₽13474
-₽7391
-₽39486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 811
social contributions
-
-
-
5 646
national
-
-
-
15 117
total
-
-
-
23 574
Employee

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

71 247
-
40 662
-
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.

620
-
353
-
communal

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

3 716
-
2 121
-
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.

5 343
-
3 049
-
national
21 904
-
10 384
-
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.

3 347
-
1 911
-
total
34 930
-
17 818
-
Employer

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

71 247
-
40 662
-
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.

4 381
-
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.

6 313
-
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.

926
-
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.

1 040
-
594
-
surtax
8 079
-
4 612
-
total
20 739
-
11 839
-
Corporate
-
52 500
-
-
income
-
10 500
-
-
surtax
-
210
-
-
total
-
10 710
-
-
Dividends
-
41 790
-
-
withholding

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

-
12 174
-
-
total
-
12 174
-
-
Income
52 500
52 500
52 500
52 500
Total tax
55 669
22 884
29 657
23 574
After tax
-3 169
29 616
22 843
28 926
Living cost
36 317
36 317
36 317
36 317
Free-cash
-39 486
-6 701
-13 474
-7 391

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽490
-₽6460
-₽6864
-₽12884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 643
other
-
-
-
53
unemployment
-
-
-
367
pensions
-
-
-
14 857
total
-
-
-
23 393
Employee
49 580
-
39 810
-
other
49
-
40
-
unemployment
769
-
616
-
pensions
2 331
-
1 871
-
income
10 461
-
7 771
-
total
13 610
-
10 298
-
Employer
49 580
-
39 810
-
pensions
11 700
-
9 396
-
accident
981
-
788
-
unemployment
2 727
-
2 189
-
other
395
-
318
-
total
15 803
-
12 691
-
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
-
9 145
-
-
total
-
9 145
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 413
17 019
22 989
23 393
After tax
23 087
35 481
29 511
29 107
Living cost
35 971
35 971
35 971
35 971
Free-cash
-12 884
-490
-6 460
-6 864

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
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.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21095
-₽18100
-₽19084
-₽31939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 867
surtax
-
-
-
2 779
health
-
-
-
3 937
pensions
-
-
-
8 400
total
-
-
-
17 456
Employee
75 429
-
46 835
-
pensions
6 033
-
3 792
-
surtax
4 623
-
2 865
-
income
7 286
-
2 041
-
health
3 357
-
2 109
-
total
21 299
-
10 807
-
Employer
75 429
-
46 835
-
health
2 300
-
1 446
-
pensions
6 033
-
3 792
-
accident
679
-
427
-
total
9 012
-
5 665
-
Corporate
-
52 500
-
-
communal
-
3 544
-
-
income
-
7 874
-
-
surtax
-
552
-
-
total
-
11 970
-
-
Dividends
-
40 530
-
-
income
-
1 418
-
-
withholding
-
6 079
-
-
total
-
7 497
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 311
19 467
16 472
17 456
After tax
22 189
33 033
36 028
35 044
Living cost
54 128
54 128
54 128
54 128
Free-cash
-31 939
-21 095
-18 100
-19 084

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
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.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10650
₽6410
₽7697
₽7484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 631
other
-
-
-
-
surtax
-
-
-
344
unemployment
-
-
-
227
health
-
-
-
3 729
pensions
-
-
-
10 500
total
-
-
-
22 431
Employee
33 543
-
43 371
-
other
-
-
-
-
unemployment
2 334
-
3 019
-
pensions
2 238
-
2 892
-
surtax
119
-
301
-
income
5 623
-
7 271
-
health
856
-
1 106
-
total
11 170
-
14 589
-
Employer
33 543
-
43 371
-
health
1 525
-
1 973
-
pensions
4 472
-
5 782
-
unemployment
1 064
-
1 374
-
other
-
-
-
-
total
7 061
-
9 129
-
Corporate
11 896
52 500
-
-
income
3 092
13 651
-
-
total
3 092
13 651
-
-
Dividends
8 803
38 849
-
-
withholding
1 321
5 827
-
-
total
1 321
5 827
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 644
19 478
23 718
22 431
After tax
29 856
33 022
28 782
30 069
Living cost
22 372
22 372
22 372
22 372
Free-cash
7 484
10 650
6 410
7 697

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽765
-₽1280
₽1667
-₽2752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
municipal
-
-
-
312
national
-
-
-
9 396
total
-
-
-
24 002
Employee
55 251
-
52 500
-
municipal
293
-
278
-
national
8 753
-
8 262
-
regional
744
-
706
-
social contributions
18 631
-
17 703
-
total
28 421
-
26 949
-
Employer
55 251
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 608
-
-
nationa
-
12 600
-
-
total
-
15 208
-
-
Dividends
-
37 292
-
-
withholding
-
9 696
-
-
total
-
9 696
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 421
24 904
26 949
24 002
After tax
24 079
27 596
25 551
28 498
Living cost
26 831
26 831
26 831
26 831
Free-cash
-2 752
765
-1 280
1 667

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
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.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5648
-₽3856
-₽4928
-₽7599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 088
total
-
-
-
26 930
Employee
44 850
-
39 179
-
solidarity contribution
-
-
-
-
social contributions
2 915
-
2 547
-
income
5 382
-
4 701
-
health
6 055
-
5 289
-
total
14 352
-
12 537
-
Employer
44 850
-
39 179
-
health
4 036
-
3 526
-
social contributions
11 213
-
9 795
-
total
15 249
-
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
29 601
16 354
25 858
26 930
After tax
22 899
36 146
26 642
25 570
Living cost
30 498
30 498
30 498
30 498
Free-cash
-7 599
5 648
-3 856
-4 928

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1884
-₽10788
-₽2293
-₽4514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 968
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
210
health
-
-
-
4 017
pensions
-
-
-
9 712
total
-
-
-
23 016
Employee
43 539
39 693
40 770
-
other
435
397
408
-
unemployment
1 306
1 191
1 223
-
pensions
4 459
4 064
4 175
-
income
3 879
2 928
3 149
-
health
1 684
1 537
1 578
-
total
11 763
10 117
10 533
-
Employer
43 539
39 693
40 770
-
chamber of commerce
174
159
163
-
health
1 646
1 501
1 540
-
pensions
5 464
4 982
5 117
-
accident
565
516
529
-
unemployment
1 306
1 191
1 223
-
surtax
-
-
-
-
payroll
1 306
1 191
1 223
-
other
2 068
1 884
1 936
-
total
12 529
11 424
11 731
-
Corporate
3 780
3 780
36 989
-
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.

945
945
9 247
-
total
945
945
9 247
-
Dividends
-
438
-
-
withholding
-
121
-
-
total
-
121
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 237
22 607
31 511
23 016
After tax
27 263
29 893
20 989
29 484
Living cost
31 777
31 777
31 777
31 777
Free-cash
-4 514
-1 884
-10 788
-2 293

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
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.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37182
₽29307
₽39282
₽34802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 866
-
52 500
-
income
3 173
-
10 500
-
total
3 173
-
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%.

36 634
52 500
-
-
total
-
-
-
-
Dividends
36 634
52 500
-
-
withholding
1 832
2 625
-
-
total
1 832
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
5 005
2 625
10 500
525
After tax
47 495
49 875
42 000
51 975
Living cost
12 693
12 693
12 693
12 693
Free-cash
34 802
37 182
29 307
39 282

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9431
₽785
₽2447
₽1099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 503
unemployment
-
-
-
79
health
-
-
-
5 166
pensions
-
-
-
9 589
total
-
-
-
23 337
Employee

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

44 045
-
45 427
-
unemployment
62
-
64
-
pensions
6 827
-
7 041
-
income
7 595
-
7 887
-
health
2 845
-
2 935
-
total
17 329
-
17 927
-
Employer

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

44 045
-
45 427
-
health
2 934
-
3 026
-
pensions
3 897
-
4 020
-
unemployment
26
-
26
-
total
6 857
-
7 072
-
Corporate
1 598
52 500
-
-
income
304
9 974
-
-
total
304
9 974
-
-
Dividends
1 294
42 526
-
-
withholding
195
6 379
-
-
total
195
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 685
16 353
24 999
23 337
After tax
27 815
36 147
27 501
29 163
Living cost
26 716
26 716
26 716
26 716
Free-cash
1 099
9 431
785
2 447

Estimated living cost  is ₽26716 per week

₽18334
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.
₽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.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11743
-₽4503
-₽7402
-₽98454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
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
107 270
20 559
13 319
16 218
After tax
-54 770
31 941
39 181
36 282
Living cost
43 684
43 684
43 684
43 684
Free-cash
-98 454
-11 743
-4 503
-7 402

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1380
-₽1995
-₽757
-₽4190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 771
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
22 015
Employee
45 810
-
42 424
-
surtax
-
-
-
-
social contributions
5 039
-
4 667
-
income
9 529
-
8 510
-
total
14 568
-
13 177
-
Employer
45 810
-
42 424
-
social contributions
10 880
-
10 076
-
total
10 880
-
10 076
-
Corporate
-
52 500
-
-
income
-
11 025
-
-
surtax
-
-
-
-
total
-
11 025
-
-
Dividends
-
41 475
-
-
withholding
-
11 613
-
-
total
-
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 448
22 638
23 253
22 015
After tax
27 052
29 862
29 247
30 485
Living cost
31 242
31 242
31 242
31 242
Free-cash
-4 190
-1 380
-1 995
-757

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21648
-₽15964
-₽16538
-₽29366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 115
other
-
-
-
1 627
surtax
-
-
-
-
social contributions
-
-
-
1 495
health
-
-
-
456
pensions
-
-
-
15 238
total
-
-
-
20 931
Employee
62 383
-
40 006
-
pensions
7 056
-
4 525
-
surtax
-
-
-
-
social contributions
1 777
-
1 140
-
income
5 443
-
2 198
-
total
14 276
-
7 863
-
Employer
62 383
-
40 006
-
health
4 366
-
2 801
-
pensions
10 250
-
6 574
-
unemployment
2 527
-
1 620
-
social contributions
187
-
119
-
other
2 153
-
1 380
-
total
19 483
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 700
-
-
surtax
-
-
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
surtax
-
-
-
-
social contributions
-
6 502
-
-
withholding
-
4 839
-
-
total
-
11 341
-
-
Income
52 500
52 500
52 500
52 500
Total tax
33 759
26 041
20 357
20 931
After tax
18 741
26 459
32 143
31 569
Living cost
48 107
48 107
48 107
48 107
Free-cash
-29 366
-21 648
-15 964
-16 538

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17309
₽12561
₽11009
₽13963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 551
total
-
-
-
11 551
Employee
32 021
-
45 455
-
income
-
-
-
-
social contributions
2 081
-
2 954
-
total
2 081
-
2 954
-
Employer
32 021
-
45 455
-
social contributions
4 964
-
7 045
-
total
4 964
-
7 045
-
Corporate
15 515
52 500
-
-
income
1 552
5 251
-
-
total
1 552
5 251
-
-
Dividends
13 963
47 249
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
8 597
5 251
9 999
11 551
After tax
43 903
47 249
42 501
40 949
Living cost
29 940
29 940
29 940
29 940
Free-cash
13 963
17 309
12 561
11 009

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽164409
-₽164409
-₽13567
-₽164409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 131
municipal
-
-
-
8 276
national
-
-
-
4 851
pensions
-
-
-
863
total
-
-
-
18 121
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
168 963
168 963
168 963
18 121
After tax
-116 463
-116 463
-116 463
34 379
Living cost
47 946
47 946
47 946
47 946
Free-cash
-164 409
-164 409
-164 409
-13 567

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17589
₽5883
₽14498
₽901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
9 142
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
16 160
Employee
34 359
-
43 612
-
pensions
3 869
-
4 911
-
income
4 714
-
5 983
-
health
3 934
-
4 993
-
total
12 517
-
15 887
-
Employer
34 359
-
43 612
-
pensions
5 587
-
7 092
-
accident
574
-
728
-
unemployment
842
-
1 068
-
total
7 003
-
8 888
-
Corporate
11 139
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.

10 025
47 250
-
-
total
10 025
47 250
-
-
Dividends
1 114
5 250
-
-
withholding
212
997
-
-
total
212
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 757
48 247
24 775
16 160
After tax
22 743
4 253
27 725
36 340
Living cost
21 842
21 842
21 842
21 842
Free-cash
901
-17 589
5 883
14 498

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1910
-₽5648
₽3110
-₽9790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
393
municipal
-
-
-
9 379
national
-
-
-
1 378
total
-
-
-
11 150
Employee
52 403
-
44 166
-
municipal
8 583
-
7 247
-
unemployment
786
-
662
-
pensions
3 536
-
2 981
-
national
866
-
420
-
health
391
-
265
-
total
14 162
-
11 575
-
Employer
52 403
-
44 166
-
health
403
-
340
-
pensions
9 092
-
7 663
-
accident
53
-
43
-
unemployment
340
-
287
-
total
9 888
-
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
-
5 670
-
-
national
-
-
-
-
total
-
5 670
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 050
16 170
19 908
11 150
After tax
28 450
36 330
32 592
41 350
Living cost
38 240
38 240
38 240
38 240
Free-cash
-9 790
-1 910
-5 648
3 110

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6915
₽11877
₽18688
₽10217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 223
social contributions
-
-
-
8 190
health
-
-
-
1 338
total
-
-
-
10 751
Employee
76 590
76 590
76 590
-
social contributions
2 896
6 357
3 956
-
income
8 339
7 090
7 958
-
health
594
1 302
811
-
total
11 829
14 749
12 725
-
Employer
76 590
76 590
76 590
-
health
645
1 418
881
-
social contributions
2 896
6 357
3 956
-
total
3 541
7 775
4 837
-
Corporate
14 070
-
-
-
income
1 760
-
-
-
total
1 760
-
-
-
Dividends
12 311
-
-
-
withholding
2 092
-
-
-
total
2 092
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 222
22 524
17 562
10 751
After tax
33 278
29 976
34 938
41 749
Living cost
23 061
23 061
23 061
23 061
Free-cash
10 217
6 915
11 877
18 688

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27661
₽16734
₽22390
₽22596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 327
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
14 296
Employee

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

22 862
-
47 597
-
unemployment
113
-
238
-
pensions
3 429
-
7 139
-
income
1 563
-
3 627
-
health
1 943
-
4 045
-
total
7 048
-
15 049
-
Employer

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

22 862
-
47 597
-
health
983
-
2 047
-
pensions
1 257
-
2 618
-
unemployment
113
-
238
-
total
2 353
-
4 903
-
Corporate
27 284
52 500
-
-
income
2 455
4 725
-
-
total
2 455
4 725
-
-
Dividends
24 829
47 775
-
-
withholding
2 234
4 300
-
-
total
2 234
4 300
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 090
9 025
19 952
14 296
After tax
38 410
43 475
32 548
38 204
Living cost
15 814
15 814
15 814
15 814
Free-cash
22 596
27 661
16 734
22 390

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
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.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8091
₽2121
₽1717
₽2705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 643
other
-
-
-
53
unemployment
-
-
-
367
pensions
-
-
-
14 857
total
-
-
-
23 393
Employee
36 829
-
39 810
-
other
36
-
40
-
unemployment
571
-
616
-
pensions
1 731
-
1 871
-
income
7 100
-
7 771
-
total
9 438
-
10 298
-
Employer
36 829
-
39 810
-
pensions
8 691
-
9 396
-
accident
730
-
788
-
unemployment
2 026
-
2 189
-
other
295
-
318
-
total
11 742
-
12 691
-
Corporate
3 929
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.

590
7 874
-
-
total
590
7 874
-
-
Dividends
3 340
44 626
-
-
withholding
635
9 145
-
-
total
635
9 145
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 405
17 019
22 989
23 393
After tax
30 095
35 481
29 511
29 107
Living cost
27 390
27 390
27 390
27 390
Free-cash
2 705
8 091
2 121
1 717

Estimated living cost  is ₽27390 per week

₽18488
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.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30808
₽30888
₽31027
₽30487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 065
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
19 521
Employee
2 973
-
50 898
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
16 991
-
health
149
-
356
-
total
1 022
-
18 059
-
Employer
2 973
-
50 898
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
48 858
52 500
-
-
income
10 749
11 550
-
-
total
10 749
11 550
-
-
Dividends
38 109
40 950
-
-
withholding
7 622
8 190
-
-
total
7 622
8 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 061
19 740
19 660
19 521
After tax
32 439
32 760
32 840
32 979
Living cost
1 952
1 952
1 952
1 952
Free-cash
30 487
30 808
30 888
31 027

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20709
₽11150
₽8891
₽15810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 543
unemployment
-
-
-
787
health
-
-
-
5 407
pensions
-
-
-
13 650
total
-
-
-
26 387
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.

25 969
-
44 529
-
unemployment
195
-
334
-
pensions
3 636
-
6 234
-
income
3 580
-
7 296
-
health
1 337
-
2 293
-
total
8 748
-
16 157
-
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.

25 969
-
44 529
-
health
1 337
-
2 293
-
pensions
3 116
-
5 344
-
unemployment
195
-
334
-
total
4 648
-
7 971
-
Corporate
21 882
52 500
-
-
income
3 282
7 875
-
-
total
3 282
7 875
-
-
Dividends
18 600
44 625
-
-
withholding
2 790
6 694
-
-
total
2 790
6 694
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 468
14 569
24 128
26 387
After tax
33 032
37 931
28 372
26 113
Living cost
17 222
17 222
17 222
17 222
Free-cash
15 810
20 709
11 150
8 891

Estimated living cost  is ₽17222 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
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.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3010
₽2395
₽3633
₽2652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 771
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
22 015
Employee
38 658
-
42 424
-
surtax
-
-
-
-
social contributions
4 253
-
4 667
-
income
7 554
-
8 510
-
total
11 807
-
13 177
-
Employer
38 658
-
42 424
-
social contributions
9 180
-
10 076
-
total
9 180
-
10 076
-
Corporate
4 661
52 500
-
-
income
979
11 025
-
-
surtax
-
-
-
-
total
979
11 025
-
-
Dividends
3 682
41 475
-
-
withholding
1 030
11 613
-
-
total
1 030
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 996
22 638
23 253
22 015
After tax
29 504
29 862
29 247
30 485
Living cost
26 852
26 852
26 852
26 852
Free-cash
2 652
3 010
2 395
3 633

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽476
-₽5494
-₽5898
-₽10942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 643
other
-
-
-
53
unemployment
-
-
-
367
pensions
-
-
-
14 857
total
-
-
-
23 393
Employee
48 104
-
39 810
-
other
47
-
40
-
unemployment
745
-
616
-
pensions
2 261
-
1 871
-
income
10 047
-
7 771
-
total
13 100
-
10 298
-
Employer
48 104
-
39 810
-
pensions
11 352
-
9 396
-
accident
953
-
788
-
unemployment
2 646
-
2 189
-
other
386
-
318
-
total
15 337
-
12 691
-
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
-
9 145
-
-
total
-
9 145
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 437
17 019
22 989
23 393
After tax
24 063
35 481
29 511
29 107
Living cost
35 005
35 005
35 005
35 005
Free-cash
-10 942
476
-5 494
-5 898

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27755
₽18937
₽18204
₽21686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
17 164
Employee
22 685
-
45 675
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
pensions

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

1 992
-
3 055
-
income
2 269
-
4 568
-
health
1 044
-
1 600
-
total
5 554
-
9 606
-
Employer
22 685
-
45 675
-
health
1 565
-
2 400
-
pensions

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

2 500
-
3 833
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
unemployment
136
-
209
-
total
4 450
-
6 825
-
Corporate
25 364
52 500
-
-
income
2 537
5 250
-
-
total
2 537
5 250
-
-
Dividends
22 827
47 250
-
-
withholding
1 141
2 363
-
-
total
1 141
2 363
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 682
7 613
16 431
17 164
After tax
38 818
44 887
36 069
35 336
Living cost
17 132
17 132
17 132
17 132
Free-cash
21 686
27 755
18 937
18 204

Estimated living cost  is ₽17132 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
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.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11233
₽2074
₽1186
₽1797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 897
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.

-
-
-
270
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.

-
-
-
6 805
trade
-
-
-
888
total
-
-
-
12 860
Employee

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

49 559
-
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.

225
-
270
-
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.

4 075
-
4 897
-
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.

6 805
-
6 805
-
total
11 105
-
11 972
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 941
52 500
-
-
income
440
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.

25
433
-
-
chamber of commerce
155
229
-
-
trade
422
7 534
-
-
total
1 042
16 070
-
-
Dividends
1 900
36 430
-
-
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.

6
480
-
-
withholding
96
8 729
-
-
total
102
9 209
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 249
25 279
11 972
12 860
After tax
40 251
27 221
40 528
39 640
Living cost
38 454
38 454
38 454
38 454
Free-cash
1 797
-11 233
2 074
1 186

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19989
-₽15296
-₽15296
-₽25413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 381
social contributions
-
-
-
3 677
total
-
-
-
11 058
Employee
77 912
-
52 500
-
income
14 702
-
7 381
-
social contributions
6 473
-
3 677
-
total
21 175
-
11 058
-
Employer
77 912
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
income
-
6 563
-
-
total
-
6 563
-
-
Dividends
-
45 937
-
-
withholding
-
9 188
-
-
total
-
9 188
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 175
15 751
11 058
11 058
After tax
31 325
36 749
41 442
41 442
Living cost
56 738
56 738
56 738
56 738
Free-cash
-25 413
-19 989
-15 296
-15 296

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
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.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7149
₽1666
-₽18068
-₽1524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 352
health

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

-
-
-
6 060
total
-
-
-
34 412
Employee
45 692
-
47 918
-
income
4 958
-
5 514
-
social contributions
4 578
-
4 582
-
total
9 536
-
10 096
-
Employer
45 692
-
47 918
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
2 230
52 500
-
-
income
781
18 374
-
-
total
781
18 374
-
-
Dividends
1 449
34 126
-
-
social contributions
2 973
5 119
-
-
total
2 973
5 119
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 868
23 493
14 678
34 412
After tax
34 632
29 007
37 822
18 088
Living cost
36 156
36 156
36 156
36 156
Free-cash
-1 524
-7 149
1 666
-18 068

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
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.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2505
-₽2450
₽2715
-₽4123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 885
pensions
-
-
-
3 070
total
-
-
-
12 955
Employee
50 554
-
46 993
-
pensions
3 859
-
3 433
-
income
9 206
-
8 595
-
health
659
-
585
-
total
13 724
-
12 613
-
Employer
50 554
-
46 993
-
health
961
-
893
-
pensions
5 108
-
4 614
-
total
6 069
-
5 507
-
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.

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 190
-
-
total
-
3 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 793
13 165
18 120
12 955
After tax
32 707
39 335
34 380
39 545
Living cost
36 830
36 830
36 830
36 830
Free-cash
-4 123
2 505
-2 450
2 715

Estimated living cost  is ₽36830 per week

₽25265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19751
₽3721
₽12336
₽571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
9 142
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
16 160
Employee
37 760
-
43 612
-
pensions
4 252
-
4 911
-
income
5 180
-
5 983
-
health
4 323
-
4 993
-
total
13 755
-
15 887
-
Employer
37 760
-
43 612
-
pensions
6 139
-
7 092
-
accident
631
-
728
-
unemployment
925
-
1 068
-
total
7 695
-
8 888
-
Corporate
7 045
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.

6 341
47 250
-
-
total
6 341
47 250
-
-
Dividends
705
5 250
-
-
withholding
134
997
-
-
total
134
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 925
48 247
24 775
16 160
After tax
24 575
4 253
27 725
36 340
Living cost
24 004
24 004
24 004
24 004
Free-cash
571
-19 751
3 721
12 336

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽31176
₽17817
₽17817
₽26335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 797
unemployment
-
-
-
630
work injury
-
-
-
262
health insurance
-
-
-
3 885
pensions
-
-
-
9 660
total
-
-
-
21 234
Employee

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

21 518
-
52 500
-
health insurance
1 592
-
3 885
-
unemployment
258
-
630
-
work injury
108
-
262
-
pensions
3 959
-
9 660
-
income
2 152
-
6 797
-
total
8 069
-
21 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 982
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
30 982
52 500
-
-
withholding
4 647
7 875
-
-
total
4 647
7 875
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 716
7 875
21 234
21 234
After tax
39 784
44 625
31 266
31 266
Living cost
13 449
13 449
13 449
13 449
Free-cash
26 335
31 176
17 817
17 817

Estimated living cost  is ₽13449 per week

₽8332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽12025
-₽14124
-₽11212
-₽31432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
782
municipal
-
-
-
352
national
-
-
-
9 396
total
-
-
-
24 033
Employee
83 932
-
52 500
-
municipal
501
-
314
-
national
14 184
-
8 262
-
regional
1 267
-
666
-
social contributions
28 301
-
17 703
-
total
44 253
-
26 945
-
Employer
83 932
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
municipal
-
2 531
-
-
nationa
-
12 600
-
-
total
-
15 131
-
-
Dividends
-
37 369
-
-
withholding
-
9 715
-
-
total
-
9 715
-
-
Income
52 500
52 500
52 500
52 500
Total tax
44 253
24 846
26 945
24 033
After tax
8 247
27 654
25 555
28 467
Living cost
39 679
39 679
39 679
39 679
Free-cash
-31 432
-12 025
-14 124
-11 212

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close