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
₽8460
-₽2014
₽11659
₽10324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 335
income

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

-
-
-
5 396
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.

-
-
-
6 469
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.

-
-
-
296
total
-
-
-
13 496
Employee

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

36 216
-
52 500
-
surtax

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

56
-
296
-
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.

6 469
-
6 469
-
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.

1 012
-
5 396
-
total
7 537
-
12 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 284
52 500
-
-
trade
2 564
8 269
-
-
income
2 442
7 876
-
-
surtax

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

135
433
-
-
chamber of commerce
167
219
-
-
total
5 308
16 797
-
-
Dividends
10 976
35 703
-
-
withholding
2 384
8 566
-
-
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.

131
471
-
-
total
2 515
9 037
-
-
Income
52 500
52 500
52 500
52 500
Total tax
15 360
25 834
12 161
13 496
After tax
37 140
26 666
40 339
39 004
Living cost
28 680
28 680
28 680
28 680
Free-cash
8 460
-2 014
11 659
10 324

Estimated living cost  is ₽28680 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29425
-₽15692
-₽14976
-₽15388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 300
municipal
-
-
-
4 931
national
-
-
-
7 641
total
-
-
-
19 436
Employee
75 110
-
45 386
-
national
14 376
-
7 956
-
municipal
9 277
-
5 134
-
pensions
3 004
-
1 815
-
total
26 657
-
14 905
-
Employer
75 110
-
45 386
-
pensions
6 009
-
3 631
-
social contributions
807
-
488
-
total
6 816
-
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
33 473
19 740
19 024
19 436
After tax
19 027
32 760
33 476
33 064
Living cost
48 452
48 452
48 452
48 452
Free-cash
-29 425
-15 692
-14 976
-15 388

Estimated living cost  is ₽48452 per week

₽32933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14534
₽22300
₽10373
₽21944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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
social contributions

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

-
-
-
2 981
income
-
-
-
-
microenterprise
-
-
-
7 876
surtax
-
-
-
-
total
-
-
-
10 857
Employee
27 668
-
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.

3 044
-
4 654
-
income
4 925
-
7 582
-
total
7 969
-
12 236
-
Employer
27 668
-
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.

6 665
-
10 192
-
surtax
-
-
-
-
total
6 665
-
10 192
-
Corporate
18 167
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%.

3 633
10 501
-
-
total
3 633
10 501
-
-
Dividends

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

14 534
41 999
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 267
10 501
22 428
10 857
After tax
34 233
41 999
30 072
41 643
Living cost
19 699
19 699
19 699
19 699
Free-cash
14 534
22 300
10 373
21 944

Estimated living cost  is ₽19699 per week

₽12567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41527
-₽36212
-₽41527
-₽9630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 955
pensions
-
-
-
9 450
health
-
-
-
8 059
total
-
-
-
22 464
Employee
80 859
80 859
80 859
-
health
12 411
10 557
12 411
-
pensions
14 555
11 094
14 555
-
income

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

13 235
13 235
13 235
-
total
40 201
34 886
40 201
-
Employer
80 859
80 859
80 859
-
pensions
5 628
5 628
5 628
-
unemployment
2 911
2 911
2 911
-
health
5 621
5 621
5 621
-
total
14 160
14 160
14 160
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
54 361
49 046
54 361
22 464
After tax
-1 861
3 454
-1 861
30 036
Living cost
39 666
39 666
39 666
39 666
Free-cash
-41 527
-36 212
-41 527
-9 630

Estimated living cost  is ₽39666 per week

₽28110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20744
-₽10448
-₽11078
-₽12942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 101
unemployment
-
-
-
52
pensions
-
-
-
5 675
municipal
-
-
-
11 120
accident
-
-
-
105
national
-
-
-
-
health
-
-
-
3 276
total
-
-
-
26 329
Employee
55 732
-
39 948
-
national
-
-
-
-
municipal
16 619
-
11 913
-
total
16 619
-
11 913
-
Employer
55 732
-
39 948
-
other
6 476
-
4 642
-
accident
112
-
80
-
pensions
6 025
-
4 318
-
unemployment
1 471
-
1 055
-
health
3 428
-
2 457
-
total
17 512
-
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
34 131
23 835
24 465
26 329
After tax
18 369
28 665
28 035
26 171
Living cost
39 113
39 113
39 113
39 113
Free-cash
-20 744
-10 448
-11 078
-12 942

Estimated living cost  is ₽39113 per week

₽25922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
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.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2503
-₽10800
₽3142
₽1748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 394
income

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

-
-
-
5 396
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.

-
-
-
6 469
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.

-
-
-
296
total
-
-
-
13 555
Employee

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

48 018
-
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.

226
-
296
-
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.

6 469
-
6 469
-
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.

4 126
-
5 396
-
total
10 821
-
12 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 482
52 500
-
-
trade
737
8 636
-
-
income
672
7 876
-
-
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.

38
433
-
-
chamber of commerce
151
219
-
-
total
1 598
17 164
-
-
Dividends
2 885
35 336
-
-
withholding
361
8 474
-
-
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.

20
465
-
-
total
381
8 939
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 800
26 103
12 161
13 555
After tax
39 700
26 397
40 339
38 945
Living cost
37 197
37 197
37 197
37 197
Free-cash
2 503
-10 800
3 142
1 748

Estimated living cost  is ₽37197 per week

₽24878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4032
₽376
₽4689
₽10672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 190
income
-
-
-
1 587
health
-
-
-
1 339
total
-
-
-
11 116
Employee
72 810
72 810
72 810
-
health
724
1 238
810
-
social contributions
3 538
6 043
3 957
-
income
7 646
6 740
7 493
-
total
11 908
14 021
12 260
-
Employer
72 810
72 810
72 810
-
social contributions
3 538
6 043
3 957
-
health
789
1 348
882
-
total
4 327
7 391
4 839
-
Corporate
5 554
-
-
-
income
694
-
-
-
total
694
-
-
-
Dividends
4 860
-
-
-
withholding
827
-
-
-
total
827
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 756
21 412
17 099
11 116
After tax
34 744
31 088
35 401
41 384
Living cost
30 712
30 712
30 712
30 712
Free-cash
4 032
376
4 689
10 672

Estimated living cost  is ₽30712 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12452
₽12086
₽12780
₽18715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
787
income
-
-
-
6 418
pensions
-
-
-
5 250
health
-
-
-
3 675
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.

25 485
10 143
43 933
-
unemployment
382
152
659
-
health
1 784
710
3 075
-
pensions
2 549
1 014
4 393
-
income
3 116
1 240
5 371
-
total
7 831
3 116
13 498
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 485
10 143
43 933
-
pensions
4 970
1 978
8 567
-
total
4 970
1 978
8 567
-
Corporate
22 045
40 379
-
-
income
1 984
3 634
-
-
total
1 984
3 634
-
-
Dividends
20 061
36 745
-
-
withholding
3 812
6 982
-
-
social contributions
3 796
7 049
-
-
total
7 608
14 031
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 393
22 759
22 065
16 130
After tax
30 107
29 741
30 435
36 370
Living cost
17 655
17 655
17 655
17 655
Free-cash
12 452
12 086
12 780
18 715

Estimated living cost  is ₽17655 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13248
₽19129
₽8220
₽6393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 912
pensions
-
-
-
10 501
health
-
-
-
6 824
total
-
-
-
23 237
Employee
26 861
-
39 237
-
unemployment
429
-
627
-
pensions
537
-
785
-
income
3 024
-
6 736
-
total
3 990
-
8 148
-
Employer
26 861
-
39 237
-
pensions
5 373
-
7 847
-
unemployment
216
-
314
-
health
3 491
-
5 101
-
total
9 080
-
13 262
-
Corporate
16 559
52 500
-
-
income
3 312
10 501
-
-
total
3 312
10 501
-
-
Dividends
13 248
41 999
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 382
10 501
21 410
23 237
After tax
36 118
41 999
31 090
29 263
Living cost
22 870
22 870
22 870
22 870
Free-cash
13 248
19 129
8 220
6 393

Estimated living cost  is ₽22870 per week

₽15687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽997
-₽16979
₽6495
₽15080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
9 465
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
16 188
Employee
33 400
-
43 611
-
health
3 824
-
4 993
-
pensions
3 761
-
4 910
-
income
4 582
-
5 983
-
total
12 167
-
15 886
-
Employer
33 400
-
43 611
-
accident
558
-
728
-
pensions
5 431
-
7 091
-
unemployment
818
-
1 068
-
total
6 807
-
8 887
-
Corporate
12 293
52 500
-
-
income

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

11 064
47 250
-
-
total
11 064
47 250
-
-
Dividends
1 229
5 250
-
-
withholding
233
997
-
-
total
233
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 271
48 247
24 773
16 188
After tax
22 229
4 253
27 727
36 312
Living cost
21 232
21 232
21 232
21 232
Free-cash
997
-16 979
6 495
15 080

Estimated living cost  is ₽21232 per week

₽15562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽40904
₽42320
₽34445
₽44420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
52 500
microenterprise

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

-
-
-
525
total
-
-
-
525
Employee
9 443
-
52 500
-
income
1 888
-
10 500
-
total
1 888
-
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%.

43 057
52 500
-
-
total
-
-
-
-
Dividends
43 057
52 500
-
-
withholding
2 153
2 625
-
-
total
2 153
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 041
2 625
10 500
525
After tax
48 459
49 875
42 000
51 975
Living cost
7 555
7 555
7 555
7 555
Free-cash
40 904
42 320
34 445
44 420

Estimated living cost  is ₽7555 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6946
₽13340
₽5545
₽3197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 494
income
-
-
-
6 668
pensions

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

-
-
-
12 600
health
-
-
-
2 311
total
-
-
-
24 073
Employee
34 380
-
41 933
-
unemployment
343
-
419
-
health
482
-
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.

2 406
-
2 934
-
income
5 919
-
7 218
-
total
9 150
-
11 159
-
Employer
34 380
-
41 933
-
other
1 720
-
2 095
-
accident
275
-
336
-
pensions

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

5 845
-
7 128
-
unemployment
343
-
419
-
health
482
-
588
-
total
8 665
-
10 566
-
Corporate
9 456
52 500
-
-
income
1 986
11 026
-
-
total
1 986
11 026
-
-
Dividends
7 470
41 474
-
-
withholding
523
2 904
-
-
total
523
2 904
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 324
13 930
21 725
24 073
After tax
32 176
38 570
30 775
28 427
Living cost
25 230
25 230
25 230
25 230
Free-cash
6 946
13 340
5 545
3 197

Estimated living cost  is ₽25230 per week

₽17827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47616
-₽22896
-₽28044
-₽22768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 865
pensions
-
-
-
3 172
total
-
-
-
13 037
Employee
88 048
-
46 891
-
health
1 451
-
607
-
pensions
8 494
-
3 555
-
income
15 872
-
8 545
-
total
25 817
-
12 707
-
Employer
88 048
-
46 891
-
pensions
10 396
-
4 715
-
health
1 672
-
891
-
total
12 068
-
5 606
-
Corporate
-
52 500
-
-
income

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

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
37 885
13 165
18 313
13 037
After tax
14 615
39 335
34 187
39 463
Living cost
62 231
62 231
62 231
62 231
Free-cash
-47 616
-22 896
-28 044
-22 768

Estimated living cost  is ₽62231 per week

₽46631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28069
₽32468
₽24196
₽23371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
7 875
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
16 709
Employee
16 446
-
46 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
756
-
1 522
-
pensions

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

1 444
-
2 905
-
income
1 644
-
4 601
-
total
4 025
-
9 392
-
Employer
16 446
-
46 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 812
-
3 646
-
unemployment
98
-
199
-
health
1 135
-
2 283
-
total
3 226
-
6 492
-
Corporate
32 827
52 500
-
-
income
3 283
5 250
-
-
total
3 283
5 250
-
-
Dividends
29 544
47 250
-
-
withholding
1 477
2 362
-
-
total
1 477
2 362
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 011
7 612
15 884
16 709
After tax
40 489
44 888
36 616
35 791
Living cost
12 420
12 420
12 420
12 420
Free-cash
28 069
32 468
24 196
23 371

Estimated living cost  is ₽12420 per week

₽7251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50656
-₽49051
-₽54366
-₽22469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 955
pensions
-
-
-
9 450
health
-
-
-
8 059
total
-
-
-
22 464
Employee
87 787
80 859
80 859
-
health
10 952
10 557
12 411
-
pensions
11 094
11 094
14 555
-
income

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

13 235
13 235
13 235
-
total
35 281
34 886
40 201
-
Employer
87 787
80 859
80 859
-
pensions
6 109
5 628
5 628
-
unemployment
3 161
2 911
2 911
-
health
6 100
5 621
5 621
-
total
15 370
14 160
14 160
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
50 651
49 046
54 361
22 464
After tax
1 849
3 454
-1 861
30 036
Living cost
52 505
52 505
52 505
52 505
Free-cash
-50 656
-49 051
-54 366
-22 469

Estimated living cost  is ₽52505 per week

₽38731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4100
₽12526
₽3022
₽1951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 330
income
-
-
-
4 512
health
-
-
-
7 087
solidarity contribution
-
-
-
-
total
-
-
-
26 929
Employee
34 735
-
39 179
-
solidarity contribution
-
-
-
-
health
4 689
-
5 289
-
social contributions
2 258
-
2 547
-
income
4 168
-
4 701
-
total
11 115
-
12 537
-
Employer
34 735
-
39 179
-
social contributions
8 684
-
9 795
-
health
3 126
-
3 526
-
total
11 810
-
13 321
-
Corporate
5 955
52 500
-
-
income
1 131
9 975
-
-
total
1 131
9 975
-
-
Dividends
4 823
42 525
-
-
withholding
724
6 379
-
-
total
724
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 780
16 354
25 858
26 929
After tax
27 720
36 146
26 642
25 571
Living cost
23 620
23 620
23 620
23 620
Free-cash
4 100
12 526
3 022
1 951

Estimated living cost  is ₽23620 per week

₽16407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31652
-₽11942
-₽14210
-₽11243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
522
social contributions
-
-
-
13 503
municipal
-
-
-
313
national
-
-
-
9 451
total
-
-
-
23 789
Employee
84 152
-
52 500
-
national
14 582
-
8 318
-
regional
794
-
456
-
municipal
446
-
279
-
social contributions
28 376
-
17 703
-
total
44 198
-
26 756
-
Employer
84 152
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 047
-
-
total
-
14 647
-
-
Dividends
-
37 854
-
-
withholding
-
9 841
-
-
total
-
9 841
-
-
Income
52 500
52 500
52 500
52 500
Total tax
44 198
24 488
26 756
23 789
After tax
8 302
28 012
25 744
28 711
Living cost
39 954
39 954
39 954
39 954
Free-cash
-31 652
-11 942
-14 210
-11 243

Estimated living cost  is ₽39954 per week

₽27851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9180
₽12128
₽7812
₽8937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
7 802
pensions
-
-
-
10 501
health
-
-
-
3 728
surtax
-
-
-
422
total
-
-
-
22 669
Employee
31 312
-
43 370
-
surtax
102
-
338
-
unemployment
2 180
-
3 019
-
other
-
-
-
-
health
800
-
1 107
-
pensions
2 088
-
2 893
-
income
5 249
-
7 308
-
total
10 419
-
14 665
-
Employer
31 312
-
43 370
-
other
-
-
-
-
pensions
4 174
-
5 781
-
unemployment
992
-
1 375
-
health
1 425
-
1 973
-
total
6 591
-
9 129
-
Corporate
14 597
52 500
-
-
income
3 795
13 651
-
-
total
3 795
13 651
-
-
Dividends
10 802
38 849
-
-
withholding
1 621
5 827
-
-
total
1 621
5 827
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 426
19 478
23 794
22 669
After tax
30 074
33 022
28 706
29 831
Living cost
20 894
20 894
20 894
20 894
Free-cash
9 180
12 128
7 812
8 937

Estimated living cost  is ₽20894 per week

₽12776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14017
-₽3180
-₽8328
-₽3052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 865
pensions
-
-
-
3 172
total
-
-
-
13 037
Employee
59 007
-
46 891
-
health
857
-
607
-
pensions
5 008
-
3 555
-
income
10 628
-
8 545
-
total
16 493
-
12 707
-
Employer
59 007
-
46 891
-
pensions
6 388
-
4 715
-
health
1 121
-
891
-
total
7 509
-
5 606
-
Corporate
-
52 500
-
-
income

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

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 002
13 165
18 313
13 037
After tax
28 498
39 335
34 187
39 463
Living cost
42 515
42 515
42 515
42 515
Free-cash
-14 017
-3 180
-8 328
-3 052

Estimated living cost  is ₽42515 per week

₽31852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43630
-₽50993
-₽33108
-₽30395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
other

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

-
-
-
1 050
city
-
-
-
551
regional
-
-
-
1 075
pensions
-
-
-
4 831
national
-
-
-
143
health
-
-
-
245
total
-
-
-
7 895
Employee
87 769
-
46 972
-
national
415
-
112
-
unemployment
-
-
-
-
city
942
-
505
-
regional
2 874
-
907
-
health
198
-
106
-
pensions
7 374
-
3 966
-
total
11 803
-
5 596
-
Employer
87 769
-
46 972
-
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.

1 755
-
940
-
pensions
7 374
-
3 966
-
unemployment
-
-
-
-
health
198
-
106
-
total
9 327
-
5 012
-
Corporate
-
52 500
-
-
regional
-
11 103
-
-
national
-
4 463
-
-
total
-
15 566
-
-
Dividends
-
36 934
-
-
withholding
-
12 927
-
-
total
-
12 927
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 130
28 493
10 608
7 895
After tax
31 370
24 007
41 892
44 605
Living cost
75 000
75 000
75 000
75 000
Free-cash
-43 630
-50 993
-33 108
-30 395

Estimated living cost  is ₽75000 per week

₽48771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4406
-₽17250
-₽3037
-₽4492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 454
income

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

-
-
-
5 396
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.

-
-
-
6 469
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.

-
-
-
296
total
-
-
-
13 615
Employee

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

56 905
-
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.

368
-
296
-
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.

6 469
-
6 469
-
income

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

6 692
-
5 396
-
total
13 529
-
12 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
52 500
-
-
trade
-
9 004
-
-
income
-
7 876
-
-
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
-
217
-
-
total
-
17 530
-
-
Dividends
-
34 970
-
-
withholding
-
8 382
-
-
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.

-
462
-
-
total
-
8 844
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 529
26 374
12 161
13 615
After tax
38 971
26 126
40 339
38 885
Living cost
43 376
43 376
43 376
43 376
Free-cash
-4 406
-17 250
-3 037
-4 492

Estimated living cost  is ₽43376 per week

₽31680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽680
-₽5936
-₽381
-₽893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 628
social contributions
-
-
-
1 497
income
-
-
-
2 255
pensions
-
-
-
15 162
health
-
-
-
455
surtax
-
-
-
-
total
-
-
-
20 997
Employee
40 525
-
40 003
-
surtax
-
-
-
-
pensions
4 582
-
4 523
-
social contributions
1 155
-
1 139
-
income
2 392
-
2 329
-
total
8 129
-
7 991
-
Employer
40 525
-
40 003
-
other
1 398
-
1 380
-
pensions
6 657
-
6 573
-
unemployment
1 641
-
1 621
-
social contributions
122
-
120
-
health
2 837
-
2 800
-
total
12 655
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 700
-
-
surtax
-
-
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
withholding
-
4 839
-
-
social contributions
-
6 501
-
-
surtax
-
-
-
-
total
-
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 784
26 040
20 485
20 997
After tax
31 716
26 460
32 015
31 503
Living cost
32 396
32 396
32 396
32 396
Free-cash
-680
-5 936
-381
-893

Estimated living cost  is ₽32396 per week

₽20427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2535
-₽2726
₽2829
₽2317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 628
social contributions
-
-
-
1 497
income
-
-
-
2 255
pensions
-
-
-
15 162
health
-
-
-
455
surtax
-
-
-
-
total
-
-
-
20 997
Employee
36 174
-
40 003
-
surtax
-
-
-
-
pensions
4 091
-
4 523
-
social contributions
1 031
-
1 139
-
income
1 865
-
2 329
-
total
6 987
-
7 991
-
Employer
36 174
-
40 003
-
other
1 249
-
1 380
-
pensions
5 944
-
6 573
-
unemployment
1 464
-
1 621
-
social contributions
108
-
120
-
health
2 532
-
2 800
-
total
11 297
-
12 494
-
Corporate
5 029
52 500
-
-
income
1 409
14 700
-
-
surtax
-
-
-
-
total
1 409
14 700
-
-
Dividends
3 621
37 800
-
-
withholding
464
4 839
-
-
social contributions
622
6 501
-
-
surtax
-
-
-
-
total
1 086
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 779
26 040
20 485
20 997
After tax
31 721
26 460
32 015
31 503
Living cost
29 186
29 186
29 186
29 186
Free-cash
2 535
-2 726
2 829
2 317

Estimated living cost  is ₽29186 per week

₽16926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12441
₽11954
₽11467
₽13637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 245
income
-
-
-
7 876
health
-
-
-
3 664
total
-
-
-
18 785
Employee
32 104
-
52 500
-
health
2 241
-
3 664
-
social contributions
4 431
-
7 245
-
income
5 355
-
10 046
-
total
12 027
-
20 955
-
Employer
32 104
-
52 500
-
total
-
-
-
-
Corporate
20 396
52 500
-
-
income

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

1 021
2 625
-
-
total
1 021
2 625
-
-
Dividends
19 375
49 875
-
-
health
1 353
3 481
-
-
withholding
2 906
7 480
-
-
social contributions
2 674
6 882
-
-
total
6 933
17 843
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 981
20 468
20 955
18 785
After tax
32 519
32 032
31 545
33 715
Living cost
20 078
20 078
20 078
20 078
Free-cash
12 441
11 954
11 467
13 637

Estimated living cost  is ₽20078 per week

₽13437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9525
-₽3224
-₽12822
-₽4158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
210
unemployment
-
-
-
5 807
income
-
-
-
3 362
pensions
-
-
-
9 712
health
-
-
-
4 016
surtax
-
-
-
187
total
-
-
-
23 294
Employee
47 320
37 734
40 623
-
unemployment
1 420
1 132
1 218
-
other
473
377
406
-
health
1 831
1 461
1 572
-
pensions
4 846
3 863
4 160
-
income
5 387
2 783
3 468
-
total
13 957
9 616
10 824
-
Employer
47 320
37 734
40 623
-
payroll
1 420
1 132
1 218
-
other
2 248
1 791
1 930
-
accident
615
491
528
-
pensions
5 939
4 737
5 098
-
unemployment
1 420
1 132
1 218
-
chamber of commerce
189
151
162
-
surtax
187
187
187
-
health
1 788
1 427
1 536
-
total
13 806
11 048
11 877
-
Corporate
3 594
3 719
37 029
-
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.

898
929
9 257
-
total
898
929
9 257
-
Dividends
-
2 790
-
-
withholding
-
767
-
-
total
-
767
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 661
22 360
31 958
23 294
After tax
23 839
30 140
20 542
29 206
Living cost
33 364
33 364
33 364
33 364
Free-cash
-9 525
-3 224
-12 822
-4 158

Estimated living cost  is ₽33364 per week

₽22252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34946
-₽4927
-₽11861
-₽6024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 912
national
-
-
-
15 292
communal

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

-
-
-
2 796
total
-
-
-
24 000
Employee

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

67 730
-
40 664
-
national
20 823
-
10 568
-
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.

589
-
354
-
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.

3 182
-
1 910
-
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.

5 080
-
3 049
-
communal

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

3 533
-
2 120
-
total
33 207
-
18 001
-
Employer

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

67 730
-
40 664
-
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.

880
-
528
-
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.

6 002
-
3 603
-
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.

988
-
593
-
surtax
7 680
-
4 611
-
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.

4 165
-
2 501
-
total
19 715
-
11 836
-
Corporate
-
52 500
-
-
income
-
10 501
-
-
surtax
-
210
-
-
total
-
10 711
-
-
Dividends
-
41 789
-
-
withholding

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

-
12 192
-
-
total
-
12 192
-
-
Income
52 500
52 500
52 500
52 500
Total tax
52 922
22 903
29 837
24 000
After tax
-422
29 597
22 663
28 500
Living cost
34 524
34 524
34 524
34 524
Free-cash
-34 946
-4 927
-11 861
-6 024

Estimated living cost  is ₽34524 per week

₽22238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9659
₽1274
-₽4799
-₽5173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52
unemployment
-
-
-
368
income
-
-
-
7 727
pensions
-
-
-
14 858
accident
-
-
-
473
total
-
-
-
23 478
Employee
47 133
-
39 807
-
unemployment
731
-
616
-
other
47
-
40
-
pensions
2 216
-
1 871
-
income
9 945
-
7 887
-
total
12 939
-
10 414
-
Employer
47 133
-
39 807
-
other
376
-
318
-
accident
933
-
789
-
pensions
11 123
-
9 394
-
unemployment
2 593
-
2 189
-
total
15 025
-
12 690
-
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.

-
7 876
-
-
total
-
7 876
-
-
Dividends
-
44 624
-
-
withholding
-
9 155
-
-
total
-
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 964
17 031
23 104
23 478
After tax
24 536
35 469
29 396
29 022
Living cost
34 195
34 195
34 195
34 195
Free-cash
-9 659
1 274
-4 799
-5 173

Estimated living cost  is ₽34195 per week

₽25181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27773
-₽18427
-₽15524
-₽16595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 050
pensions
-
-
-
8 400
accident
-
-
-
473
communal
-
-
-
-
health
-
-
-
3 937
surtax
-
-
-
2 778
total
-
-
-
17 638
Employee
71 706
-
46 896
-
surtax
4 395
-
2 873
-
health
3 191
-
2 086
-
pensions
5 736
-
3 752
-
income
6 926
-
2 252
-
total
20 248
-
10 963
-
Employer
71 706
-
46 896
-
accident
645
-
422
-
pensions
5 736
-
3 752
-
health
2 187
-
1 430
-
total
8 568
-
5 604
-
Corporate
-
52 500
-
-
income
-
7 876
-
-
communal
-
3 543
-
-
surtax
-
552
-
-
total
-
11 971
-
-
Dividends
-
40 529
-
-
withholding
-
6 079
-
-
income
-
1 420
-
-
total
-
7 499
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 816
19 470
16 567
17 638
After tax
23 684
33 030
35 933
34 862
Living cost
51 457
51 457
51 457
51 457
Free-cash
-27 773
-18 427
-15 524
-16 595

Estimated living cost  is ₽51457 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8743
₽11754
₽7438
₽8563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
7 802
pensions
-
-
-
10 501
health
-
-
-
3 728
surtax
-
-
-
422
total
-
-
-
22 669
Employee
31 887
-
43 370
-
surtax
113
-
338
-
unemployment
2 219
-
3 019
-
other
-
-
-
-
health
814
-
1 107
-
pensions
2 127
-
2 893
-
income
5 346
-
7 308
-
total
10 619
-
14 665
-
Employer
31 887
-
43 370
-
other
-
-
-
-
pensions
4 251
-
5 781
-
unemployment
1 012
-
1 375
-
health
1 450
-
1 973
-
total
6 713
-
9 129
-
Corporate
13 900
52 500
-
-
income
3 613
13 651
-
-
total
3 613
13 651
-
-
Dividends
10 286
38 849
-
-
withholding
1 544
5 827
-
-
total
1 544
5 827
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 489
19 478
23 794
22 669
After tax
30 011
33 022
28 706
29 831
Living cost
21 268
21 268
21 268
21 268
Free-cash
8 743
11 754
7 438
8 563

Estimated living cost  is ₽21268 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26
₽2088
-₽14
₽2934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
792
social contributions
-
-
-
13 503
municipal
-
-
-
313
national
-
-
-
9 451
total
-
-
-
24 059
Employee
52 524
-
52 500
-
national
8 321
-
8 318
-
regional
707
-
707
-
municipal
279
-
279
-
social contributions
17 712
-
17 703
-
total
27 019
-
27 007
-
Employer
52 524
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 609
-
-
total
-
15 209
-
-
Dividends
-
37 291
-
-
withholding
-
9 696
-
-
total
-
9 696
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 019
24 905
27 007
24 059
After tax
25 481
27 595
25 493
28 441
Living cost
25 507
25 507
25 507
25 507
Free-cash
-26
2 088
-14
2 934

Estimated living cost  is ₽25507 per week

₽15863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4855
₽7040
-₽2464
-₽3535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 330
income
-
-
-
4 512
health
-
-
-
7 087
solidarity contribution
-
-
-
-
total
-
-
-
26 929
Employee
42 803
-
39 179
-
solidarity contribution
-
-
-
-
health
5 778
-
5 289
-
social contributions
2 782
-
2 547
-
income
5 136
-
4 701
-
total
13 696
-
12 537
-
Employer
42 803
-
39 179
-
social contributions
10 701
-
9 795
-
health
3 852
-
3 526
-
total
14 553
-
13 321
-
Corporate
-
52 500
-
-
income
-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
6 379
-
-
total
-
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 249
16 354
25 858
26 929
After tax
24 251
36 146
26 642
25 571
Living cost
29 106
29 106
29 106
29 106
Free-cash
-4 855
7 040
-2 464
-3 535

Estimated living cost  is ₽29106 per week

₽21645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1700
₽34
-₽9629
-₽815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
210
unemployment
-
-
-
5 807
income
-
-
-
3 362
pensions
-
-
-
9 712
health
-
-
-
4 016
surtax
-
-
-
-
total
-
-
-
23 107
Employee
41 390
37 734
40 765
-
unemployment
1 242
1 132
1 224
-
other
413
377
408
-
health
1 601
1 461
1 578
-
pensions
4 239
3 863
4 174
-
income
3 687
2 783
3 507
-
total
11 182
9 616
10 891
-
Employer
41 390
37 734
40 765
-
payroll
1 242
1 132
1 224
-
other
1 966
1 791
1 937
-
accident
537
491
530
-
pensions
5 195
4 737
5 116
-
unemployment
1 242
1 132
1 224
-
chamber of commerce
165
151
164
-
surtax
-
-
-
-
health
1 565
1 427
1 542
-
total
11 912
10 861
11 737
-
Corporate
3 594
3 906
37 171
-
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.

898
976
9 293
-
total
898
976
9 293
-
Dividends
-
2 930
-
-
withholding
-
805
-
-
total
-
805
-
-
Income
52 500
52 500
52 500
52 500
Total tax
23 992
22 258
31 921
23 107
After tax
28 508
30 242
20 579
29 393
Living cost
30 208
30 208
30 208
30 208
Free-cash
-1 700
34
-9 629
-815

Estimated living cost  is ₽30208 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3085
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.
₽8463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35895
₽38102
₽30227
₽40202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 716
-
52 500
-
income
2 943
-
10 500
-
total
2 943
-
10 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

37 784
52 500
-
-
total
-
-
-
-
Dividends
37 784
52 500
-
-
withholding
1 889
2 625
-
-
total
1 889
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 832
2 625
10 500
525
After tax
47 668
49 875
42 000
51 975
Living cost
11 773
11 773
11 773
11 773
Free-cash
35 895
38 102
30 227
40 202

Estimated living cost  is ₽11773 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2828
₽10750
₽2025
₽3615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
79
income
-
-
-
8 655
pensions
-
-
-
9 588
health
-
-
-
5 166
total
-
-
-
23 488
Employee

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

41 871
-
45 426
-
unemployment
59
-
63
-
health
2 704
-
2 934
-
pensions
6 490
-
7 040
-
income
7 221
-
7 970
-
total
16 474
-
18 007
-
Employer

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

41 871
-
45 426
-
pensions
3 705
-
4 020
-
unemployment
25
-
27
-
health
2 789
-
3 024
-
total
6 519
-
7 071
-
Corporate
4 110
52 500
-
-
income
782
9 974
-
-
total
782
9 974
-
-
Dividends
3 329
42 526
-
-
withholding
500
6 379
-
-
total
500
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 275
16 353
25 078
23 488
After tax
28 225
36 147
27 422
29 012
Living cost
25 397
25 397
25 397
25 397
Free-cash
2 828
10 750
2 025
3 615

Estimated living cost  is ₽25397 per week

₽17430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87476
-₽8566
-₽357
-₽4225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 985
income
-
-
-
10 233
total
-
-
-
16 218
Employee
58 081
-
-
-
social contributions
4 763
-
679
-
income
12 812
-
-
-
total
17 575
-
679
-
Employer
58 081
-
-
-
social contributions
81 894
-
11 671
-
total
81 894
-
11 671
-
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
99 469
20 559
12 350
16 218
After tax
-46 969
31 941
40 150
36 282
Living cost
40 507
40 507
40 507
40 507
Free-cash
-87 476
-8 566
-357
-4 225

Estimated living cost  is ₽40507 per week

₽26282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1391
₽161
-₽649
₽674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
18 244
income
-
-
-
3 882
surtax
-
-
-
-
total
-
-
-
22 126
Employee
43 549
-
42 423
-
surtax
-
-
-
-
social contributions
4 790
-
4 666
-
income
9 058
-
8 708
-
total
13 848
-
13 374
-
Employer
43 549
-
42 423
-
social contributions
10 343
-
10 075
-
total
10 343
-
10 075
-
Corporate
-
52 500
-
-
income
-
11 026
-
-
surtax
-
-
-
-
total
-
11 026
-
-
Dividends
-
41 474
-
-
withholding
-
11 613
-
-
total
-
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 191
22 639
23 449
22 126
After tax
28 309
29 861
29 051
30 374
Living cost
29 700
29 700
29 700
29 700
Free-cash
-1 391
161
-649
674

Estimated living cost  is ₽29700 per week

₽22222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25325
-₽19272
-₽13717
-₽14229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 628
social contributions
-
-
-
1 497
income
-
-
-
2 255
pensions
-
-
-
15 162
health
-
-
-
455
surtax
-
-
-
-
total
-
-
-
20 997
Employee
59 304
-
40 003
-
surtax
-
-
-
-
pensions
6 708
-
4 523
-
social contributions
1 689
-
1 139
-
income
5 174
-
2 329
-
total
13 571
-
7 991
-
Employer
59 304
-
40 003
-
other
2 047
-
1 380
-
pensions
9 744
-
6 573
-
unemployment
2 402
-
1 621
-
social contributions
178
-
120
-
health
4 151
-
2 800
-
total
18 522
-
12 494
-
Corporate
-
52 500
-
-
income
-
14 700
-
-
surtax
-
-
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
withholding
-
4 839
-
-
social contributions
-
6 501
-
-
surtax
-
-
-
-
total
-
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
32 093
26 040
20 485
20 997
After tax
20 407
26 460
32 015
31 503
Living cost
45 732
45 732
45 732
45 732
Free-cash
-25 325
-19 272
-13 717
-14 229

Estimated living cost  is ₽45732 per week

₽30951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15607
₽18788
₽14039
₽12488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 550
total
-
-
-
11 550
Employee
30 441
-
45 455
-
social contributions
1 978
-
2 954
-
income
-
-
-
-
total
1 978
-
2 954
-
Employer
30 441
-
45 455
-
social contributions
4 719
-
7 045
-
total
4 719
-
7 045
-
Corporate
17 341
52 500
-
-
income
1 734
5 250
-
-
total
1 734
5 250
-
-
Dividends
15 607
47 250
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
8 431
5 250
9 999
11 550
After tax
44 069
47 250
42 501
40 950
Living cost
28 462
28 462
28 462
28 462
Free-cash
15 607
18 788
14 039
12 488

Estimated living cost  is ₽28462 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153559
-₽153559
-₽153559
-₽11353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
820
municipal
-
-
-
8 424
labour market
-
-
-
4 135
national
-
-
-
4 927
total
-
-
-
18 306
Employee
192 245
192 245
192 245
-
national
23 486
23 486
23 486
-
municipal
40 937
40 937
40 937
-
labour market
15 358
15 358
15 358
-
pensions
273
273
273
-
total
80 054
80 054
80 054
-
Employer
192 245
192 245
192 245
-
municipal
41 003
41 003
41 003
-
pensions
547
547
547
-
national
23 527
23 527
23 527
-
labour market
15 380
15 380
15 380
-
total
80 457
80 457
80 457
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
160 511
160 511
160 511
18 306
After tax
-108 011
-108 011
-108 011
34 194
Living cost
45 548
45 548
45 548
45 548
Free-cash
-153 559
-153 559
-153 559
-11 353

Estimated living cost  is ₽45548 per week

₽31173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1044
-₽16666
₽6808
₽15393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
9 465
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
16 188
Employee
32 907
-
43 611
-
health
3 768
-
4 993
-
pensions
3 706
-
4 910
-
income
4 515
-
5 983
-
total
11 989
-
15 886
-
Employer
32 907
-
43 611
-
accident
549
-
728
-
pensions
5 351
-
7 091
-
unemployment
806
-
1 068
-
total
6 706
-
8 887
-
Corporate
12 886
52 500
-
-
income

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

11 597
47 250
-
-
total
11 597
47 250
-
-
Dividends
1 289
5 250
-
-
withholding
245
997
-
-
total
245
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 537
48 247
24 773
16 188
After tax
21 963
4 253
27 727
36 312
Living cost
20 919
20 919
20 919
20 919
Free-cash
1 044
-16 666
6 808
15 393

Estimated living cost  is ₽20919 per week

₽15227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6716
-₽23
-₽3874
₽4608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 376
national
-
-
-
1 750
health
-
-
-
413
total
-
-
-
11 539
Employee
49 817
-
44 164
-
national
823
-
516
-
unemployment
747
-
663
-
health
372
-
286
-
municipal
8 160
-
7 241
-
pensions
3 362
-
2 981
-
total
13 464
-
11 687
-
Employer
49 817
-
44 164
-
accident
50
-
45
-
pensions
8 643
-
7 662
-
unemployment
323
-
287
-
health
383
-
340
-
total
9 399
-
8 334
-
Corporate
-
52 500
-
-
income
-
10 501
-
-
total
-
10 501
-
-
Dividends

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

-
31 499
-
-
municipal
-
5 669
-
-
national
-
-
-
-
total
-
5 669
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 863
16 170
20 021
11 539
After tax
29 637
36 330
32 479
40 961
Living cost
36 353
36 353
36 353
36 353
Free-cash
-6 716
-23
-3 874
4 608

Estimated living cost  is ₽36353 per week

₽23746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11595
₽9165
₽13478
₽19461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 190
income
-
-
-
1 587
health
-
-
-
1 339
total
-
-
-
11 116
Employee
72 810
72 810
72 810
-
health
564
1 238
810
-
social contributions
2 753
6 043
3 957
-
income
7 928
6 740
7 493
-
total
11 245
14 021
12 260
-
Employer
72 810
72 810
72 810
-
social contributions
2 753
6 043
3 957
-
health
613
1 348
882
-
total
3 366
7 391
4 839
-
Corporate
15 967
-
-
-
income
1 996
-
-
-
total
1 996
-
-
-
Dividends
13 971
-
-
-
withholding
2 375
-
-
-
total
2 375
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 982
21 412
17 099
11 116
After tax
33 518
31 088
35 401
41 384
Living cost
21 923
21 923
21 923
21 923
Free-cash
11 595
9 165
13 478
19 461

Estimated living cost  is ₽21923 per week

₽13139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23625
₽28441
₽17498
₽23593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
4 397
pensions
-
-
-
6 023
health
-
-
-
3 427
total
-
-
-
13 874
Employee

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

21 734
-
47 598
-
unemployment
108
-
237
-
health
1 847
-
4 047
-
pensions
3 260
-
7 139
-
income
1 486
-
3 644
-
total
6 701
-
15 067
-
Employer

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

21 734
-
47 598
-
pensions
1 195
-
2 618
-
unemployment
108
-
237
-
health
934
-
2 047
-
total
2 237
-
4 902
-
Corporate
28 529
52 500
-
-
income
2 568
4 726
-
-
total
2 568
4 726
-
-
Dividends
25 961
47 774
-
-
withholding
2 336
4 300
-
-
total
2 336
4 300
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 842
9 026
19 969
13 874
After tax
38 658
43 474
32 531
38 626
Living cost
15 033
15 033
15 033
15 033
Free-cash
23 625
28 441
17 498
23 593

Estimated living cost  is ₽15033 per week

₽9592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4356
₽9431
₽3358
₽2984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52
unemployment
-
-
-
368
income
-
-
-
7 727
pensions
-
-
-
14 858
accident
-
-
-
473
total
-
-
-
23 478
Employee
35 011
-
39 807
-
unemployment
543
-
616
-
other
34
-
40
-
pensions
1 646
-
1 871
-
income
6 750
-
7 887
-
total
8 973
-
10 414
-
Employer
35 011
-
39 807
-
other
280
-
318
-
accident
694
-
789
-
pensions
8 262
-
9 394
-
unemployment
1 926
-
2 189
-
total
11 162
-
12 690
-
Corporate
6 327
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.

949
7 876
-
-
total
949
7 876
-
-
Dividends
5 378
44 624
-
-
withholding
1 022
9 155
-
-
total
1 022
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 106
17 031
23 104
23 478
After tax
30 394
35 469
29 396
29 022
Living cost
26 038
26 038
26 038
26 038
Free-cash
4 356
9 431
3 358
2 984

Estimated living cost  is ₽26038 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30668
₽30963
₽31144
₽31273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 169
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
19 430
Employee
2 738
-
51 025
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
530
-
17 100
-
total
940
-
18 084
-
Employer
2 738
-
51 025
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
49 147
52 500
-
-
income
10 812
11 550
-
-
total
10 812
11 550
-
-
Dividends
38 334
40 950
-
-
withholding
7 667
8 190
-
-
total
7 667
8 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 035
19 740
19 559
19 430
After tax
32 465
32 760
32 941
33 070
Living cost
1 797
1 797
1 797
1 797
Free-cash
30 668
30 963
31 144
31 273

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16935
₽21585
₽11943
₽9685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
787
income
-
-
-
6 625
pensions
-
-
-
13 650
health
-
-
-
5 407
total
-
-
-
26 469
Employee

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

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

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

24 649
-
44 529
-
unemployment
185
-
334
-
health
1 269
-
2 293
-
pensions
3 451
-
6 234
-
income
3 398
-
7 379
-
total
8 303
-
16 240
-
Employer

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

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

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

24 649
-
44 529
-
pensions
2 958
-
5 344
-
unemployment
185
-
334
-
health
1 269
-
2 293
-
total
4 412
-
7 971
-
Corporate
23 439
52 500
-
-
income
3 516
7 875
-
-
total
3 516
7 875
-
-
Dividends
19 923
44 625
-
-
withholding
2 988
6 694
-
-
total
2 988
6 694
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 219
14 569
24 211
26 469
After tax
33 281
37 931
28 289
26 031
Living cost
16 346
16 346
16 346
16 346
Free-cash
16 935
21 585
11 943
9 685

Estimated living cost  is ₽16346 per week

₽11006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3995
₽4334
₽3524
₽4847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
18 244
income
-
-
-
3 882
surtax
-
-
-
-
total
-
-
-
22 126
Employee
36 750
-
42 423
-
surtax
-
-
-
-
social contributions
4 043
-
4 666
-
income
7 181
-
8 708
-
total
11 224
-
13 374
-
Employer
36 750
-
42 423
-
social contributions
8 727
-
10 075
-
total
8 727
-
10 075
-
Corporate
7 023
52 500
-
-
income
1 475
11 026
-
-
surtax
-
-
-
-
total
1 475
11 026
-
-
Dividends
5 547
41 474
-
-
withholding
1 552
11 613
-
-
total
1 552
11 613
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 978
22 639
23 449
22 126
After tax
29 522
29 861
29 051
30 374
Living cost
25 527
25 527
25 527
25 527
Free-cash
3 995
4 334
3 524
4 847

Estimated living cost  is ₽25527 per week

₽18080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7811
₽2192
-₽3881
-₽4255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52
unemployment
-
-
-
368
income
-
-
-
7 727
pensions
-
-
-
14 858
accident
-
-
-
473
total
-
-
-
23 478
Employee
45 729
-
39 807
-
unemployment
708
-
616
-
other
45
-
40
-
pensions
2 149
-
1 871
-
income
9 551
-
7 887
-
total
12 453
-
10 414
-
Employer
45 729
-
39 807
-
other
367
-
318
-
accident
906
-
789
-
pensions
10 792
-
9 394
-
unemployment
2 516
-
2 189
-
total
14 581
-
12 690
-
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.

-
7 876
-
-
total
-
7 876
-
-
Dividends
-
44 624
-
-
withholding
-
9 155
-
-
total
-
9 155
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 034
17 031
23 104
23 478
After tax
25 466
35 469
29 396
29 022
Living cost
33 277
33 277
33 277
33 277
Free-cash
-7 811
2 192
-3 881
-4 255

Estimated living cost  is ₽33277 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22819
₽28593
₽20321
₽19496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
7 875
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
16 709
Employee
21 577
-
46 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 894
-
2 905
-
income
2 158
-
4 601
-
total
5 282
-
9 392
-
Employer
21 577
-
46 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 646
-
unemployment
130
-
199
-
health
1 489
-
2 283
-
total
4 234
-
6 492
-
Corporate
26 689
52 500
-
-
income
2 669
5 250
-
-
total
2 669
5 250
-
-
Dividends
24 020
47 250
-
-
withholding
1 201
2 362
-
-
total
1 201
2 362
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 386
7 612
15 884
16 709
After tax
39 114
44 888
36 616
35 791
Living cost
16 295
16 295
16 295
16 295
Free-cash
22 819
28 593
20 321
19 496

Estimated living cost  is ₽16295 per week

₽10778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3035
-₽9351
₽3783
₽2567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 216
income

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

-
-
-
5 396
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.

-
-
-
6 469
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.

-
-
-
296
total
-
-
-
13 377
Employee

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

47 113
-
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.

214
-
296
-
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.

6 469
-
6 469
-
income

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

3 874
-
5 396
-
total
10 557
-
12 161
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 387
52 500
-
-
trade
773
7 534
-
-
income
809
7 876
-
-
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.

45
433
-
-
chamber of commerce
151
221
-
-
total
1 778
16 064
-
-
Dividends
3 610
36 436
-
-
withholding
543
8 749
-
-
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.

31
482
-
-
total
574
9 231
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 909
25 295
12 161
13 377
After tax
39 591
27 205
40 339
39 123
Living cost
36 556
36 556
36 556
36 556
Free-cash
3 035
-9 351
3 783
2 567

Estimated living cost  is ₽36556 per week

₽25217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21567
-₽17187
-₽12755
-₽12755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 781
income
-
-
-
7 536
total
-
-
-
11 317
Employee
74 066
-
52 500
-
social contributions
6 153
-
3 781
-
income
13 976
-
7 536
-
total
20 129
-
11 317
-
Employer
74 066
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
income
-
6 562
-
-
total
-
6 562
-
-
Dividends
-
45 938
-
-
withholding
-
9 187
-
-
total
-
9 187
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 129
15 749
11 317
11 317
After tax
32 371
36 751
41 183
41 183
Living cost
53 938
53 938
53 938
53 938
Free-cash
-21 567
-17 187
-12 755
-12 755

Estimated living cost  is ₽53938 per week

₽41035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽235
-₽5249
₽3528
-₽14589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 764
income
-
-
-
26 953
total
-
-
-
32 717
Employee
43 437
-
48 144
-
social contributions
4 352
-
4 356
-
income
4 713
-
5 888
-
total
9 065
-
10 244
-
Employer
43 437
-
48 144
-
social contributions
4 352
-
4 356
-
total
4 352
-
4 356
-
Corporate
4 711
52 500
-
-
income
1 650
18 375
-
-
total
1 650
18 375
-
-
Dividends
3 062
34 125
-
-
social contributions
2 826
5 002
-
-
total
2 826
5 002
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 893
23 377
14 600
32 717
After tax
34 607
29 123
37 900
19 783
Living cost
34 372
34 372
34 372
34 372
Free-cash
235
-5 249
3 528
-14 589

Estimated living cost  is ₽34372 per week

₽22640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽638
₽4772
-₽376
₽4900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 865
pensions
-
-
-
3 172
total
-
-
-
13 037
Employee
47 443
-
46 891
-
health
619
-
607
-
pensions
3 621
-
3 555
-
income
8 640
-
8 545
-
total
12 880
-
12 707
-
Employer
47 443
-
46 891
-
pensions
4 793
-
4 715
-
health
902
-
891
-
total
5 695
-
5 606
-
Corporate
-
52 500
-
-
income

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

-
9 976
-
-
total
-
9 976
-
-
Dividends
-
42 524
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 575
13 165
18 313
13 037
After tax
33 925
39 335
34 187
39 463
Living cost
34 563
34 563
34 563
34 563
Free-cash
-638
4 772
-376
4 900

Estimated living cost  is ₽34563 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽725
-₽18737
₽4737
₽13322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
9 465
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
16 188
Employee
36 165
-
43 611
-
health
4 141
-
4 993
-
pensions
4 072
-
4 910
-
income
4 962
-
5 983
-
total
13 175
-
15 886
-
Employer
36 165
-
43 611
-
accident
604
-
728
-
pensions
5 880
-
7 091
-
unemployment
886
-
1 068
-
total
7 370
-
8 887
-
Corporate
8 965
52 500
-
-
income

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

8 069
47 250
-
-
total
8 069
47 250
-
-
Dividends
897
5 250
-
-
withholding
171
997
-
-
total
171
997
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 785
48 247
24 773
16 188
After tax
23 715
4 253
27 727
36 312
Living cost
22 990
22 990
22 990
22 990
Free-cash
725
-18 737
4 737
13 322

Estimated living cost  is ₽22990 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
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.
₽4315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽27232
₽31836
₽18346
₽18346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
630
income
-
-
-
6 928
pensions
-
-
-
9 660
health insurance
-
-
-
3 885
work injury
-
-
-
262
total
-
-
-
21 365
Employee

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

20 463
-
52 500
-
health insurance
1 514
-
3 885
-
unemployment
246
-
630
-
work injury
102
-
262
-
pensions
3 765
-
9 660
-
income
2 046
-
6 928
-
total
7 673
-
21 365
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 037
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
32 037
52 500
-
-
withholding
4 806
7 875
-
-
total
4 806
7 875
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 479
7 875
21 365
21 365
After tax
40 021
44 625
31 135
31 135
Living cost
12 789
12 789
12 789
12 789
Free-cash
27 232
31 836
18 346
18 346

Estimated living cost  is ₽12789 per week

₽7923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽27290
-₽10067
-₽12235
-₽9320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
795
social contributions
-
-
-
13 503
municipal
-
-
-
350
national
-
-
-
9 451
total
-
-
-
24 099
Employee
79 789
-
52 500
-
national
13 484
-
8 318
-
regional
1 205
-
680
-
municipal
476
-
313
-
social contributions
26 904
-
17 703
-
total
42 069
-
27 014
-
Employer
79 789
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 530
-
-
total
-
15 130
-
-
Dividends
-
37 370
-
-
withholding
-
9 716
-
-
total
-
9 716
-
-
Income
52 500
52 500
52 500
52 500
Total tax
42 069
24 846
27 014
24 099
After tax
10 431
27 654
25 486
28 401
Living cost
37 721
37 721
37 721
37 721
Free-cash
-27 290
-10 067
-12 235
-9 320

Estimated living cost  is ₽37721 per week

₽26497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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