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
-₽4057
₽7170
₽9021
₽9857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
836
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.

-
-
-
4 709
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.

-
-
-
6 934
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.

-
-
-
258
total
-
-
-
12 737
Employee

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

38 820
-
52 500
-
health

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

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

6 934
-
6 934
-
surtax

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

60
-
258
-
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.

1 084
-
4 709
-
total
8 078
-
11 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 680
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.

114
433
-
-
income
2 051
7 876
-
-
trade
2 155
8 269
-
-
chamber of commerce
173
229
-
-
total
4 493
16 807
-
-
Dividends
9 187
35 693
-
-
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.

106
470
-
-
withholding
1 911
8 538
-
-
total
2 017
9 008
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 588
25 815
11 901
12 737
After tax
37 912
26 685
40 599
39 763
Living cost
30 742
30 742
30 742
30 742
Free-cash
7 170
-4 057
9 857
9 021

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18388
-₽33984
-₽17914
-₽17503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
4 864
pensions
-
-
-
6 300
national
-
-
-
7 538
social contributions
-
-
-
564
total
-
-
-
19 266
Employee
79 289
-
45 386
-
municipal
9 793
-
5 068
-
pensions
3 172
-
1 815
-
national
15 176
-
7 853
-
total
28 141
-
14 736
-
Employer
79 289
-
45 386
-
social contributions
852
-
488
-
pensions
6 343
-
3 631
-
total
7 195
-
4 119
-
Corporate
-
52 500
-
-
income

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

-
10 500
-
-
total
-
10 500
-
-
Dividends
-
42 000
-
-
withholding
-
9 240
-
-
total
-
9 240
-
-
Income
52 500
52 500
52 500
52 500
Total tax
35 336
19 740
18 855
19 266
After tax
17 164
32 760
33 645
33 234
Living cost
51 148
51 148
51 148
51 148
Free-cash
-33 984
-18 388
-17 503
-17 914

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20884
₽12560
₽20314
₽9008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
7 876
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 195
total
-
-
-
11 071
Employee
29 657
-
42 307
-
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.

3 263
-
4 653
-
surtax
-
-
-
-
income
5 279
-
7 531
-
total
8 542
-
12 184
-
Employer
29 657
-
42 307
-
social contributions

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

7 144
-
10 193
-
surtax
-
-
-
-
total
7 144
-
10 193
-
Corporate
15 699
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%.

3 139
10 501
-
-
total
3 139
10 501
-
-
Dividends

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

12 559
41 999
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
18 825
10 501
22 377
11 071
After tax
33 675
41 999
30 123
41 429
Living cost
21 115
21 115
21 115
21 115
Free-cash
12 560
20 884
9 008
20 314

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42589
-₽48286
-₽12442
-₽48286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 916
pensions
-
-
-
9 449
health
-
-
-
8 059
total
-
-
-
22 424
Employee
86 673
86 673
86 673
-
health
13 303
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
15 601
-
total
43 091
37 394
43 091
-
Employer
86 673
86 673
86 673
-
unemployment
3 120
3 120
3 120
-
pensions
6 032
6 032
6 032
-
health
6 025
6 025
6 025
-
total
15 177
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
58 268
52 571
58 268
22 424
After tax
-5 768
-71
-5 768
30 076
Living cost
42 518
42 518
42 518
42 518
Free-cash
-48 286
-42 589
-48 286
-12 442

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10473
-₽20790
-₽12967
-₽11103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 120
accident
-
-
-
105
pensions
-
-
-
5 675
other
-
-
-
6 101
unemployment
-
-
-
52
health
-
-
-
3 276
national
-
-
-
-
total
-
-
-
26 329
Employee
55 768
-
39 948
-
municipal
16 630
-
11 913
-
national
-
-
-
-
total
16 630
-
11 913
-
Employer
55 768
-
39 948
-
accident
112
-
80
-
other
6 480
-
4 642
-
unemployment
1 472
-
1 055
-
pensions
6 028
-
4 318
-
health
3 430
-
2 457
-
total
17 522
-
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
34 152
23 835
24 465
26 329
After tax
18 348
28 665
28 035
26 171
Living cost
39 138
39 138
39 138
39 138
Free-cash
-20 790
-10 473
-11 103
-12 967

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13455
₽543
-₽146
₽728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
874
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.

-
-
-
4 709
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.

-
-
-
6 934
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.

-
-
-
258
total
-
-
-
12 775
Employee

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

51 470
-
52 500
-
health

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

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

6 934
-
6 934
-
surtax

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

243
-
258
-
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.

4 422
-
4 709
-
total
11 599
-
11 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 030
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.

8
433
-
-
income
154
7 876
-
-
trade
169
8 636
-
-
chamber of commerce
156
229
-
-
total
487
17 174
-
-
Dividends
542
35 325
-
-
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.

-
464
-
-
withholding
-
8 446
-
-
total
-
8 910
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 086
26 084
11 901
12 775
After tax
40 414
26 416
40 599
39 725
Living cost
39 871
39 871
39 871
39 871
Free-cash
543
-13 455
728
-146

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3371
₽1583
₽8969
₽1839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
1 082
health
-
-
-
1 339
social contributions
-
-
-
8 190
total
-
-
-
10 611
Employee
78 045
78 045
78 045
-
social contributions
3 792
6 477
3 956
-
health
776
1 327
811
-
income
8 195
7 225
8 136
-
total
12 763
15 029
12 903
-
Employer
78 045
78 045
78 045
-
social contributions
3 792
6 477
3 956
-
health
846
1 445
882
-
total
4 638
7 922
4 838
-
Corporate
2 178
-
-
-
income
272
-
-
-
total
272
-
-
-
Dividends
1 907
-
-
-
withholding
324
-
-
-
total
324
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 997
22 951
17 741
10 611
After tax
34 503
29 549
34 759
41 889
Living cost
32 920
32 920
32 920
32 920
Free-cash
1 583
-3 371
1 839
8 969

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11278
₽11664
₽17890
₽11956
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
43 933
-
health
1 867
743
3 075
-
income
3 261
1 298
5 371
-
pensions
2 667
1 062
4 393
-
unemployment
400
159
659
-
total
8 195
3 262
13 498
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
43 933
-
pensions
5 202
2 070
8 567
-
total
5 202
2 070
8 567
-
Corporate
20 624
39 814
-
-
income
1 856
3 583
-
-
total
1 856
3 583
-
-
Dividends
18 768
36 230
-
-
social contributions
3 538
6 944
-
-
withholding
3 566
6 884
-
-
total
7 104
13 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 357
22 743
22 065
16 131
After tax
30 143
29 757
30 435
36 369
Living cost
18 479
18 479
18 479
18 479
Free-cash
11 664
11 278
11 956
17 890

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17484
₽11180
₽5109
₽6937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 551
pensions
-
-
-
10 499
health
-
-
-
6 826
total
-
-
-
22 876
Employee
28 793
-
39 237
-
income
3 242
-
6 375
-
pensions
576
-
784
-
unemployment
460
-
628
-
total
4 278
-
7 787
-
Employer
28 793
-
39 237
-
unemployment
231
-
314
-
pensions
5 759
-
7 847
-
health
3 742
-
5 100
-
total
9 732
-
13 261
-
Corporate
13 975
52 500
-
-
income
2 795
10 501
-
-
total
2 795
10 501
-
-
Dividends
11 180
41 999
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
16 805
10 501
21 048
22 876
After tax
35 695
41 999
31 452
29 624
Living cost
24 515
24 515
24 515
24 515
Free-cash
11 180
17 484
6 937
5 109

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17865
₽859
₽14221
₽5607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
254
income
-
-
-
9 160
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
16 162
Employee
34 791
-
43 612
-
health
3 984
-
4 994
-
income
4 773
-
5 983
-
pensions
3 918
-
4 911
-
total
12 675
-
15 888
-
Employer
34 791
-
43 612
-
accident
581
-
728
-
unemployment
852
-
1 069
-
pensions
5 657
-
7 091
-
total
7 090
-
8 888
-
Corporate
10 619
52 500
-
-
income

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

9 557
47 250
-
-
total
9 557
47 250
-
-
Dividends
1 062
5 250
-
-
withholding
202
998
-
-
total
202
998
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 524
48 248
24 776
16 162
After tax
22 976
4 252
27 724
36 338
Living cost
22 117
22 117
22 117
22 117
Free-cash
859
-17 865
5 607
14 221

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40615
₽38878
₽42715
₽32740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
52 500
-
income
2 315
-
10 500
-
total
2 315
-
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%.

40 925
52 500
-
-
total
-
-
-
-
Dividends
40 925
52 500
-
-
withholding
2 047
2 625
-
-
total
2 047
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
4 362
2 625
10 500
525
After tax
48 138
49 875
42 000
51 975
Living cost
9 260
9 260
9 260
9 260
Free-cash
38 878
40 615
32 740
42 715

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11528
₽4673
₽1387
₽3729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
6 668
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.

-
-
-
12 598
other
-
-
-
2 494
health
-
-
-
2 309
total
-
-
-
24 069
Employee
36 852
-
41 934
-
health
516
-
587
-
income
6 344
-
7 219
-
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.

2 579
-
2 935
-
unemployment
368
-
420
-
total
9 807
-
11 161
-
Employer
36 852
-
41 934
-
accident
295
-
335
-
other
1 843
-
2 096
-
unemployment
368
-
420
-
pensions

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

6 265
-
7 128
-
health
516
-
587
-
total
9 287
-
10 566
-
Corporate
6 361
52 500
-
-
income
1 337
11 025
-
-
total
1 337
11 025
-
-
Dividends
5 024
41 475
-
-
withholding
352
2 903
-
-
total
352
2 903
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 783
13 928
21 727
24 069
After tax
31 717
38 572
30 773
28 431
Living cost
27 044
27 044
27 044
27 044
Free-cash
4 673
11 528
3 729
1 387

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29153
-₽57683
-₽28900
-₽34004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 896
pensions
-
-
-
3 015
total
-
-
-
12 911
Employee
96 902
-
47 047
-
health
1 597
-
575
-
income
17 468
-
8 622
-
pensions
9 348
-
3 365
-
total
28 413
-
12 562
-
Employer
96 902
-
47 047
-
pensions
11 441
-
4 560
-
health
1 840
-
893
-
total
13 281
-
5 453
-
Corporate
-
52 500
-
-
income

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

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
41 694
13 164
18 015
12 911
After tax
10 806
39 336
34 485
39 589
Living cost
68 489
68 489
68 489
68 489
Free-cash
-57 683
-29 153
-34 004
-28 900

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31575
₽26856
₽21842
₽22539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 875
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
17 345
Employee
17 628
-
45 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
4 555
-
pensions

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

1 548
-
3 114
-
total
4 316
-
9 690
-
Employer
17 628
-
45 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
31 413
52 500
-
-
income
3 142
5 250
-
-
total
3 142
5 250
-
-
Dividends
28 271
47 250
-
-
withholding
1 414
2 362
-
-
total
1 414
2 362
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 331
7 612
16 648
17 345
After tax
40 169
44 888
35 852
35 155
Living cost
13 313
13 313
13 313
13 313
Free-cash
26 856
31 575
22 539
21 842

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56352
-₽58074
-₽26205
-₽62049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 916
pensions
-
-
-
9 449
health
-
-
-
8 059
total
-
-
-
22 424
Employee
94 099
86 673
86 673
-
health
11 739
11 316
13 303
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
15 601
-
total
37 817
37 394
43 091
-
Employer
94 099
86 673
86 673
-
unemployment
3 388
3 120
3 120
-
pensions
6 549
6 032
6 032
-
health
6 539
6 025
6 025
-
total
16 476
15 177
15 177
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
54 293
52 571
58 268
22 424
After tax
-1 793
-71
-5 768
30 076
Living cost
56 281
56 281
56 281
56 281
Free-cash
-58 074
-56 352
-62 049
-26 205

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11815
₽3136
₽1239
₽2310
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 512
health
-
-
-
7 088
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 330
total
-
-
-
26 930
Employee
35 781
-
39 179
-
social contributions
2 326
-
2 547
-
health
4 830
-
5 289
-
solidarity contribution
-
-
-
-
income
4 294
-
4 702
-
total
11 450
-
12 538
-
Employer
35 781
-
39 179
-
social contributions
8 945
-
9 795
-
health
3 220
-
3 526
-
total
12 165
-
13 321
-
Corporate
4 553
52 500
-
-
income
865
9 975
-
-
total
865
9 975
-
-
Dividends
3 688
42 525
-
-
withholding
553
6 379
-
-
total
553
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 033
16 354
25 859
26 930
After tax
27 467
36 146
26 641
25 570
Living cost
24 331
24 331
24 331
24 331
Free-cash
3 136
11 815
2 310
1 239

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14816
-₽37702
-₽14032
-₽16996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
312
regional
-
-
-
515
national
-
-
-
9 374
social contributions
-
-
-
13 504
total
-
-
-
23 705
Employee
90 203
-
52 500
-
social contributions
30 416
-
17 702
-
regional
851
-
448
-
municipal
478
-
279
-
national
15 630
-
8 240
-
total
47 375
-
26 669
-
Employer
90 203
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 047
-
-
total
-
14 647
-
-
Dividends
-
37 852
-
-
withholding
-
9 842
-
-
total
-
9 842
-
-
Income
52 500
52 500
52 500
52 500
Total tax
47 375
24 489
26 669
23 705
After tax
5 125
28 011
25 831
28 795
Living cost
42 827
42 827
42 827
42 827
Free-cash
-37 702
-14 816
-16 996
-14 032

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10625
₽7468
₽7707
₽6395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 608
pensions
-
-
-
10 501
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 727
surtax
-
-
-
329
total
-
-
-
22 396
Employee
33 564
-
43 370
-
other
-
-
-
-
health
857
-
1 106
-
surtax
110
-
291
-
income
5 626
-
7 271
-
pensions
2 238
-
2 893
-
unemployment
2 336
-
3 018
-
total
11 167
-
14 579
-
Employer
33 564
-
43 370
-
other
-
-
-
-
unemployment
1 063
-
1 375
-
pensions
4 474
-
5 782
-
health
1 527
-
1 972
-
total
7 064
-
9 129
-
Corporate
11 871
52 500
-
-
income
3 087
13 650
-
-
total
3 087
13 650
-
-
Dividends
8 784
38 850
-
-
withholding
1 317
5 828
-
-
total
1 317
5 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 635
19 478
23 708
22 396
After tax
29 865
33 022
28 792
30 104
Living cost
22 397
22 397
22 397
22 397
Free-cash
7 468
10 625
6 395
7 707

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
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.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7454
-₽20705
-₽7201
-₽12305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 896
pensions
-
-
-
3 015
total
-
-
-
12 911
Employee
64 941
-
47 047
-
health
943
-
575
-
income
11 696
-
8 622
-
pensions
5 512
-
3 365
-
total
18 151
-
12 562
-
Employer
64 941
-
47 047
-
pensions
7 030
-
4 560
-
health
1 234
-
893
-
total
8 264
-
5 453
-
Corporate
-
52 500
-
-
income

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

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
26 415
13 164
18 015
12 911
After tax
26 085
39 336
34 485
39 589
Living cost
46 790
46 790
46 790
46 790
Free-cash
-20 705
-7 454
-12 305
-7 201

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53336
-₽46633
-₽32704
-₽35506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
552
pensions
-
-
-
4 829
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.

-
-
-
1 051
regional
-
-
-
1 043
health
-
-
-
252
national
-
-
-
135
total
-
-
-
7 862
Employee
90 510
-
46 926
-
city
971
-
503
-
regional
2 964
-
880
-
health
205
-
105
-
pensions
7 604
-
4 015
-
unemployment
-
-
-
-
national
428
-
103
-
total
12 172
-
5 606
-
Employer
90 510
-
46 926
-
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.

1 810
-
938
-
unemployment
-
-
-
-
pensions
7 604
-
4 015
-
health
205
-
105
-
total
9 619
-
5 058
-
Corporate
-
52 500
-
-
regional
-
11 104
-
-
national
-
4 462
-
-
total
-
15 566
-
-
Dividends
-
36 934
-
-
withholding
-
12 928
-
-
total
-
12 928
-
-
Income
52 500
52 500
52 500
52 500
Total tax
21 791
28 494
10 664
7 862
After tax
30 709
24 006
41 836
44 638
Living cost
77 342
77 342
77 342
77 342
Free-cash
-46 633
-53 336
-35 506
-32 704

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽20348
-₽8497
-₽6807
-₽5896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
911
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.

-
-
-
4 709
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.

-
-
-
6 934
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.

-
-
-
258
total
-
-
-
12 812
Employee

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

60 997
-
52 500
-
health

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

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

6 934
-
6 934
-
surtax

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

395
-
258
-
income

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

7 173
-
4 709
-
total
14 502
-
11 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
433
-
-
income
-
7 876
-
-
trade
-
9 004
-
-
chamber of commerce
-
227
-
-
total
-
17 540
-
-
Dividends
-
34 959
-
-
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.

-
460
-
-
withholding
-
8 353
-
-
total
-
8 813
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 502
26 353
11 901
12 812
After tax
37 998
26 147
40 599
39 688
Living cost
46 495
46 495
46 495
46 495
Free-cash
-8 497
-20 348
-5 896
-6 807

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8265
-₽4502
-₽3135
-₽2531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 061
pensions
-
-
-
15 268
other
-
-
-
1 628
health
-
-
-
456
surtax
-
-
-
-
social contributions
-
-
-
1 497
total
-
-
-
20 910
Employee
43 438
-
40 006
-
social contributions
1 238
-
1 140
-
surtax
-
-
-
-
income
2 564
-
2 148
-
pensions
4 911
-
4 524
-
total
8 713
-
7 812
-
Employer
43 438
-
40 006
-
other
1 498
-
1 381
-
social contributions
131
-
119
-
unemployment
1 758
-
1 620
-
pensions
7 136
-
6 574
-
health
3 041
-
2 800
-
total
13 564
-
12 494
-
Corporate
-
52 500
-
-
surtax
-
-
-
-
income
-
14 700
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
surtax
-
-
-
-
social contributions
-
6 502
-
-
withholding
-
4 838
-
-
total
-
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 277
26 040
20 306
20 910
After tax
30 223
26 460
32 194
31 590
Living cost
34 725
34 725
34 725
34 725
Free-cash
-4 502
-8 265
-2 531
-3 135

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4824
₽814
₽306
₽910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 061
pensions
-
-
-
15 268
other
-
-
-
1 628
health
-
-
-
456
surtax
-
-
-
-
social contributions
-
-
-
1 497
total
-
-
-
20 910
Employee
38 775
-
40 006
-
social contributions
1 106
-
1 140
-
surtax
-
-
-
-
income
1 999
-
2 148
-
pensions
4 386
-
4 524
-
total
7 491
-
7 812
-
Employer
38 775
-
40 006
-
other
1 339
-
1 381
-
social contributions
116
-
119
-
unemployment
1 570
-
1 620
-
pensions
6 371
-
6 574
-
health
2 714
-
2 800
-
total
12 110
-
12 494
-
Corporate
1 616
52 500
-
-
surtax
-
-
-
-
income
453
14 700
-
-
total
453
14 700
-
-
Dividends
1 163
37 800
-
-
surtax
-
-
-
-
social contributions
200
6 502
-
-
withholding
148
4 838
-
-
total
348
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 402
26 040
20 306
20 910
After tax
32 098
26 460
32 194
31 590
Living cost
31 284
31 284
31 284
31 284
Free-cash
814
-4 824
910
306

Estimated living cost  is ₽31284 per week

₽18143
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.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10510
₽11033
₽12191
₽10167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 876
health
-
-
-
3 665
social contributions
-
-
-
7 246
total
-
-
-
18 787
Employee
34 413
-
52 500
-
social contributions
4 750
-
7 246
-
health
2 402
-
3 665
-
income
5 740
-
9 900
-
total
12 892
-
20 811
-
Employer
34 413
-
52 500
-
total
-
-
-
-
Corporate
18 087
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%.

905
2 625
-
-
total
905
2 625
-
-
Dividends
17 182
49 875
-
-
health
1 200
3 480
-
-
social contributions
2 371
6 882
-
-
withholding
2 577
7 481
-
-
total
6 148
17 843
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 945
20 468
20 811
18 787
After tax
32 555
32 032
31 689
33 713
Living cost
21 522
21 522
21 522
21 522
Free-cash
11 033
10 510
10 167
12 191

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6373
-₽13984
-₽6466
-₽14712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 839
pensions
-
-
-
9 713
unemployment
-
-
-
6 225
health
-
-
-
4 016
surtax
-
-
-
200
total
-
-
-
23 203
Employee
50 723
40 447
40 612
-
other
507
404
406
-
health
1 963
1 566
1 572
-
income
5 774
2 983
3 018
-
pensions
5 195
4 141
4 158
-
unemployment
1 522
1 213
1 219
-
total
14 961
10 307
10 373
-
Employer
50 723
40 447
40 612
-
accident
659
526
528
-
other
2 410
1 920
1 928
-
chamber of commerce
202
162
162
-
unemployment
1 522
1 213
1 219
-
surtax
200
200
200
-
pensions
6 366
5 077
5 096
-
payroll
1 522
1 213
1 219
-
health
1 916
1 529
1 535
-
total
14 797
11 840
11 887
-
Corporate
3 852
3 852
36 760
-
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.

963
963
9 189
-
total
963
963
9 189
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 721
23 110
31 449
23 203
After tax
21 779
29 390
21 051
29 297
Living cost
35 763
35 763
35 763
35 763
Free-cash
-13 984
-6 373
-14 712
-6 466

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7384
-₽41234
-₽7918
-₽14090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
15 049
communal

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

-
-
-
2 818
social contributions
-
-
-
5 545
total
-
-
-
23 412
Employee

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

72 600
-
40 664
-
communal

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

3 787
-
2 121
-
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.

3 411
-
1 913
-
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.

5 445
-
3 049
-
unemployment

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

632
-
354
-
national
22 320
-
10 311
-
total
35 595
-
17 748
-
Employer

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

72 600
-
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.

944
-
528
-
unemployment

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

1 059
-
593
-
surtax
8 232
-
4 611
-
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.

6 433
-
3 604
-
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.

4 465
-
2 500
-
total
21 133
-
11 836
-
Corporate
-
52 500
-
-
surtax
-
210
-
-
income
-
10 501
-
-
total
-
10 711
-
-
Dividends
-
41 789
-
-
withholding

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

-
12 167
-
-
total
-
12 167
-
-
Income
52 500
52 500
52 500
52 500
Total tax
56 728
22 878
29 584
23 412
After tax
-4 228
29 622
22 916
29 088
Living cost
37 006
37 006
37 006
37 006
Free-cash
-41 234
-7 384
-14 090
-7 918

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1169
-₽14127
-₽7524
-₽7121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
472
income
-
-
-
7 620
pensions
-
-
-
14 858
other
-
-
-
52
unemployment
-
-
-
368
total
-
-
-
23 370
Employee
50 522
-
39 809
-
other
50
-
40
-
income
10 660
-
7 750
-
pensions
2 375
-
1 870
-
unemployment
784
-
616
-
total
13 869
-
10 276
-
Employer
50 522
-
39 809
-
accident
1 000
-
788
-
other
403
-
318
-
unemployment
2 779
-
2 190
-
pensions
11 922
-
9 395
-
total
16 104
-
12 691
-
Corporate
-
52 500
-
-
income

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

-
7 876
-
-
total
-
7 876
-
-
Dividends
-
44 624
-
-
withholding
-
9 139
-
-
total
-
9 139
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 973
17 015
22 967
23 370
After tax
22 527
35 485
29 533
29 130
Living cost
36 654
36 654
36 654
36 654
Free-cash
-14 127
-1 169
-7 121
-7 524

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22125
-₽33544
-₽20044
-₽19234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
472
income
-
-
-
1 799
pensions
-
-
-
8 400
health
-
-
-
3 937
surtax
-
-
-
2 779
communal
-
-
-
-
total
-
-
-
17 387
Employee
76 861
-
46 728
-
health
3 421
-
2 149
-
surtax
4 711
-
2 851
-
income
7 424
-
1 941
-
pensions
6 148
-
3 864
-
total
21 704
-
10 805
-
Employer
76 861
-
46 728
-
accident
691
-
435
-
pensions
6 148
-
3 864
-
health
2 344
-
1 473
-
total
9 183
-
5 772
-
Corporate
-
52 500
-
-
surtax
-
551
-
-
communal
-
3 544
-
-
income
-
7 876
-
-
total
-
11 971
-
-
Dividends
-
40 530
-
-
income
-
1 418
-
-
withholding
-
6 079
-
-
total
-
7 497
-
-
Income
52 500
52 500
52 500
52 500
Total tax
30 887
19 468
16 577
17 387
After tax
21 613
33 032
35 923
35 113
Living cost
55 157
55 157
55 157
55 157
Free-cash
-33 544
-22 125
-19 234
-20 044

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10225
₽6997
₽7307
₽5995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 608
pensions
-
-
-
10 501
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 727
surtax
-
-
-
329
total
-
-
-
22 396
Employee
34 180
-
43 370
-
other
-
-
-
-
health
873
-
1 106
-
surtax
121
-
291
-
income
5 730
-
7 271
-
pensions
2 280
-
2 893
-
unemployment
2 379
-
3 018
-
total
11 383
-
14 579
-
Employer
34 180
-
43 370
-
other
-
-
-
-
unemployment
1 084
-
1 375
-
pensions
4 557
-
5 782
-
health
1 554
-
1 972
-
total
7 195
-
9 129
-
Corporate
11 124
52 500
-
-
income
2 893
13 650
-
-
total
2 893
13 650
-
-
Dividends
8 231
38 850
-
-
withholding
1 235
5 828
-
-
total
1 235
5 828
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 706
19 478
23 708
22 396
After tax
29 794
33 022
28 792
30 104
Living cost
22 797
22 797
22 797
22 797
Free-cash
6 997
10 225
5 995
7 307

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
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.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽253
-₽3803
₽1176
-₽1768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
312
regional
-
-
-
793
national
-
-
-
9 374
social contributions
-
-
-
13 504
total
-
-
-
23 983
Employee
56 301
-
52 500
-
social contributions
18 985
-
17 702
-
regional
758
-
706
-
municipal
299
-
279
-
national
8 920
-
8 240
-
total
28 962
-
26 927
-
Employer
56 301
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 610
-
-
total
-
15 210
-
-
Dividends
-
37 290
-
-
withholding
-
9 696
-
-
total
-
9 696
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 962
24 906
26 927
23 983
After tax
23 538
27 594
25 573
28 517
Living cost
27 341
27 341
27 341
27 341
Free-cash
-3 803
253
-1 768
1 176

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6164
-₽6582
-₽4412
-₽3341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
4 512
health
-
-
-
7 088
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 330
total
-
-
-
26 930
Employee
44 092
-
39 179
-
social contributions
2 866
-
2 547
-
health
5 952
-
5 289
-
solidarity contribution
-
-
-
-
income
5 291
-
4 702
-
total
14 109
-
12 538
-
Employer
44 092
-
39 179
-
social contributions
11 023
-
9 795
-
health
3 968
-
3 526
-
total
14 991
-
13 321
-
Corporate
-
52 500
-
-
income
-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
6 379
-
-
total
-
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 100
16 354
25 859
26 930
After tax
23 400
36 146
26 641
25 570
Living cost
29 982
29 982
29 982
29 982
Free-cash
-6 582
6 164
-3 341
-4 412

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2791
-₽5598
-₽2884
-₽11275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
2 839
pensions
-
-
-
9 713
unemployment
-
-
-
6 225
health
-
-
-
4 016
surtax
-
-
-
-
total
-
-
-
23 003
Employee
44 366
40 447
40 766
-
other
443
404
408
-
health
1 716
1 566
1 577
-
income
3 952
2 983
3 049
-
pensions
4 544
4 141
4 174
-
unemployment
1 331
1 213
1 223
-
total
11 986
10 307
10 431
-
Employer
44 366
40 447
40 766
-
accident
576
526
530
-
other
2 107
1 920
1 936
-
chamber of commerce
177
162
164
-
unemployment
1 331
1 213
1 223
-
surtax
-
-
-
-
pensions
5 568
5 077
5 116
-
payroll
1 331
1 213
1 223
-
health
1 678
1 529
1 541
-
total
12 768
11 640
11 733
-
Corporate
3 852
3 852
36 916
-
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.

963
963
9 230
-
total
963
963
9 230
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 717
22 910
31 394
23 003
After tax
26 783
29 590
21 106
29 497
Living cost
32 381
32 381
32 381
32 381
Free-cash
-5 598
-2 791
-11 275
-2 884

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35445
₽32738
₽37545
₽27570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
52 500
-
income
3 608
-
10 500
-
total
3 608
-
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%.

34 462
52 500
-
-
total
-
-
-
-
Dividends
34 462
52 500
-
-
withholding
1 723
2 625
-
-
total
1 723
2 625
-
-
Income
52 500
52 500
52 500
52 500
Total tax
5 331
2 625
10 500
525
After tax
47 169
49 875
42 000
51 975
Living cost
14 430
14 430
14 430
14 430
Free-cash
32 738
35 445
27 570
37 545

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8923
₽433
₽1972
₽308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
52 500
income
-
-
-
8 472
pensions
-
-
-
9 588
unemployment
-
-
-
79
health
-
-
-
5 166
total
-
-
-
23 305
Employee

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

44 881
-
45 428
-
health
2 899
-
2 935
-
income
7 740
-
7 855
-
pensions
6 957
-
7 042
-
unemployment
64
-
64
-
total
17 660
-
17 896
-
Employer

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

44 881
-
45 428
-
unemployment
27
-
27
-
pensions
3 972
-
4 020
-
health
2 989
-
3 026
-
total
6 988
-
7 073
-
Corporate
631
52 500
-
-
income
119
9 975
-
-
total
119
9 975
-
-
Dividends
511
42 525
-
-
withholding
77
6 379
-
-
total
77
6 379
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 844
16 354
24 969
23 305
After tax
27 656
36 146
27 531
29 195
Living cost
27 223
27 223
27 223
27 223
Free-cash
433
8 923
308
1 972

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12071
-₽99588
-₽7730
-₽4930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
10 233
social contributions
-
-
-
5 985
total
-
-
-
16 218
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
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
108 076
20 559
13 418
16 218
After tax
-55 576
31 941
39 082
36 282
Living cost
44 012
44 012
44 012
44 012
Free-cash
-99 588
-12 071
-4 930
-7 730

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1973
-₽5267
-₽1307
-₽2545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
52 500
income
-
-
-
3 727
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
21 971
Employee
46 680
-
42 425
-
social contributions
5 135
-
4 667
-
surtax
-
-
-
-
income
9 710
-
8 467
-
total
14 845
-
13 134
-
Employer
46 680
-
42 425
-
social contributions
11 086
-
10 075
-
total
11 086
-
10 075
-
Corporate
-
52 500
-
-
surtax
-
-
-
-
income
-
11 025
-
-
total
-
11 025
-
-
Dividends
-
41 475
-
-
withholding
-
11 612
-
-
total
-
11 612
-
-
Income
52 500
52 500
52 500
52 500
Total tax
25 931
22 637
23 209
21 971
After tax
26 569
29 863
29 291
30 529
Living cost
31 836
31 836
31 836
31 836
Free-cash
-5 267
-1 973
-2 545
-1 307

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22561
-₽30921
-₽17431
-₽16827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 061
pensions
-
-
-
15 268
other
-
-
-
1 628
health
-
-
-
456
surtax
-
-
-
-
social contributions
-
-
-
1 497
total
-
-
-
20 910
Employee
63 568
-
40 006
-
social contributions
1 810
-
1 140
-
surtax
-
-
-
-
income
5 546
-
2 148
-
pensions
7 190
-
4 524
-
total
14 546
-
7 812
-
Employer
63 568
-
40 006
-
other
2 194
-
1 381
-
social contributions
191
-
119
-
unemployment
2 575
-
1 620
-
pensions
10 445
-
6 574
-
health
4 449
-
2 800
-
total
19 854
-
12 494
-
Corporate
-
52 500
-
-
surtax
-
-
-
-
income
-
14 700
-
-
total
-
14 700
-
-
Dividends
-
37 800
-
-
surtax
-
-
-
-
social contributions
-
6 502
-
-
withholding
-
4 838
-
-
total
-
11 340
-
-
Income
52 500
52 500
52 500
52 500
Total tax
34 400
26 040
20 306
20 910
After tax
18 100
26 460
32 194
31 590
Living cost
49 021
49 021
49 021
49 021
Free-cash
-30 921
-22 561
-16 827
-17 431

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16741
₽13331
₽10440
₽11990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
-
social contributions
-
-
-
11 551
total
-
-
-
11 551
Employee
32 630
-
45 454
-
income
-
-
-
-
social contributions
2 121
-
2 955
-
total
2 121
-
2 955
-
Employer
32 630
-
45 454
-
social contributions
5 058
-
7 046
-
total
5 058
-
7 046
-
Corporate
14 813
52 500
-
-
income
1 481
5 250
-
-
total
1 481
5 250
-
-
Dividends
13 331
47 250
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
8 660
5 250
10 001
11 551
After tax
43 840
47 250
42 499
40 949
Living cost
30 509
30 509
30 509
30 509
Free-cash
13 331
16 741
11 990
10 440

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽168640
-₽168640
-₽14431
-₽168640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 219
pensions
-
-
-
880
national
-
-
-
4 821
labour market
-
-
-
4 130
total
-
-
-
18 050
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
172 259
172 259
172 259
18 050
After tax
-119 759
-119 759
-119 759
34 450
Living cost
48 881
48 881
48 881
48 881
Free-cash
-168 640
-168 640
-168 640
-14 431

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17538
₽908
₽14548
₽5934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
254
income
-
-
-
9 160
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
16 162
Employee
34 278
-
43 612
-
health
3 925
-
4 994
-
income
4 703
-
5 983
-
pensions
3 860
-
4 911
-
total
12 488
-
15 888
-
Employer
34 278
-
43 612
-
accident
572
-
728
-
unemployment
840
-
1 069
-
pensions
5 574
-
7 091
-
total
6 986
-
8 888
-
Corporate
11 236
52 500
-
-
income

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

10 113
47 250
-
-
total
10 113
47 250
-
-
Dividends
1 124
5 250
-
-
withholding
214
998
-
-
total
214
998
-
-
Income
52 500
52 500
52 500
52 500
Total tax
29 801
48 248
24 776
16 162
After tax
22 699
4 252
27 724
36 338
Living cost
21 790
21 790
21 790
21 790
Free-cash
908
-17 538
5 934
14 548

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2638
-₽10974
₽2533
-₽6331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 380
health
-
-
-
385
national
-
-
-
1 235
total
-
-
-
11 000
Employee
53 399
-
44 166
-
health
399
-
256
-
municipal
8 746
-
7 248
-
pensions
3 604
-
2 982
-
unemployment
801
-
663
-
national
882
-
381
-
total
14 432
-
11 530
-
Employer
53 399
-
44 166
-
accident
54
-
44
-
unemployment
347
-
287
-
pensions
9 264
-
7 662
-
health
410
-
341
-
total
10 075
-
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
-
-
national
-
-
-
-
municipal
-
5 670
-
-
total
-
5 670
-
-
Income
52 500
52 500
52 500
52 500
Total tax
24 507
16 171
19 864
11 000
After tax
27 993
36 329
32 636
41 500
Living cost
38 967
38 967
38 967
38 967
Free-cash
-10 974
-2 638
-6 331
2 533

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6050
₽9687
₽18390
₽11260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
1 082
health
-
-
-
1 339
social contributions
-
-
-
8 190
total
-
-
-
10 611
Employee
78 045
78 045
78 045
-
social contributions
2 951
6 477
3 956
-
health
605
1 327
811
-
income
8 498
7 225
8 136
-
total
12 054
15 029
12 903
-
Employer
78 045
78 045
78 045
-
social contributions
2 951
6 477
3 956
-
health
657
1 445
882
-
total
3 608
7 922
4 838
-
Corporate
13 340
-
-
-
income
1 668
-
-
-
total
1 668
-
-
-
Dividends
11 672
-
-
-
withholding
1 984
-
-
-
total
1 984
-
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 314
22 951
17 741
10 611
After tax
33 186
29 549
34 759
41 889
Living cost
23 499
23 499
23 499
23 499
Free-cash
9 687
6 050
11 260
18 390

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27362
₽22195
₽21929
₽16437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
52 500
income
-
-
-
4 299
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
14 457
Employee

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

23 297
-
47 596
-
health
1 980
-
4 045
-
income
1 593
-
3 621
-
pensions
3 494
-
7 140
-
unemployment
116
-
239
-
total
7 183
-
15 045
-
Employer

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

23 297
-
47 596
-
unemployment
116
-
239
-
pensions
1 281
-
2 618
-
health
1 002
-
2 047
-
total
2 399
-
4 904
-
Corporate
26 805
52 500
-
-
income
2 413
4 725
-
-
total
2 413
4 725
-
-
Dividends
24 392
47 775
-
-
withholding
2 196
4 299
-
-
total
2 196
4 299
-
-
Income
52 500
52 500
52 500
52 500
Total tax
14 191
9 024
19 949
14 457
After tax
38 309
43 476
32 551
38 043
Living cost
16 114
16 114
16 114
16 114
Free-cash
22 195
27 362
16 437
21 929

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7575
₽2072
₽1220
₽1623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
472
income
-
-
-
7 620
pensions
-
-
-
14 858
other
-
-
-
52
unemployment
-
-
-
368
total
-
-
-
23 370
Employee
37 529
-
39 809
-
other
37
-
40
-
income
7 235
-
7 750
-
pensions
1 764
-
1 870
-
unemployment
582
-
616
-
total
9 618
-
10 276
-
Employer
37 529
-
39 809
-
accident
743
-
788
-
other
300
-
318
-
unemployment
2 065
-
2 190
-
pensions
8 856
-
9 395
-
total
11 964
-
12 691
-
Corporate
3 007
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.

451
7 876
-
-
total
451
7 876
-
-
Dividends
2 556
44 624
-
-
withholding
485
9 139
-
-
total
485
9 139
-
-
Income
52 500
52 500
52 500
52 500
Total tax
22 518
17 015
22 967
23 370
After tax
29 982
35 485
29 533
29 130
Living cost
27 910
27 910
27 910
27 910
Free-cash
2 072
7 575
1 623
1 220

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29973
₽29516
₽29701
₽29503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 505
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
20 012
Employee
4 245
-
50 213
-
health
212
-
508
-
income
821
-
16 398
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
17 923
-
Employer
4 245
-
50 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
47 299
52 500
-
-
income
10 406
11 550
-
-
total
10 406
11 550
-
-
Dividends
36 894
40 950
-
-
withholding
7 379
8 190
-
-
total
7 379
8 190
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 197
19 740
20 210
20 012
After tax
32 303
32 760
32 290
32 488
Living cost
2 787
2 787
2 787
2 787
Free-cash
29 516
29 973
29 503
29 701

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20371
₽15374
₽8584
₽10844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
52 500
income
-
-
-
6 511
pensions
-
-
-
13 650
unemployment
-
-
-
788
health
-
-
-
5 407
total
-
-
-
26 356
Employee

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

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

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

26 480
-
44 529
-
health
1 364
-
2 293
-
income
3 650
-
7 264
-
pensions
3 707
-
6 234
-
unemployment
199
-
334
-
total
8 920
-
16 125
-
Employer

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

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

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

26 480
-
44 529
-
unemployment
199
-
334
-
pensions
3 178
-
5 344
-
health
1 364
-
2 293
-
total
4 741
-
7 971
-
Corporate
21 280
52 500
-
-
income
3 192
7 875
-
-
total
3 192
7 875
-
-
Dividends
18 088
44 625
-
-
withholding
2 713
6 694
-
-
total
2 713
6 694
-
-
Income
52 500
52 500
52 500
52 500
Total tax
19 566
14 569
24 096
26 356
After tax
32 934
37 931
28 404
26 144
Living cost
17 560
17 560
17 560
17 560
Free-cash
15 374
20 371
10 844
8 584

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽2501
₽2134
₽3167
₽1929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
52 500
income
-
-
-
3 727
surtax
-
-
-
-
social contributions

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

-
-
-
18 244
total
-
-
-
21 971
Employee
39 393
-
42 425
-
social contributions
4 334
-
4 667
-
surtax
-
-
-
-
income
7 697
-
8 467
-
total
12 031
-
13 134
-
Employer
39 393
-
42 425
-
social contributions
9 355
-
10 075
-
total
9 355
-
10 075
-
Corporate
3 753
52 500
-
-
surtax
-
-
-
-
income
788
11 025
-
-
total
788
11 025
-
-
Dividends
2 965
41 475
-
-
withholding
830
11 612
-
-
total
830
11 612
-
-
Income
52 500
52 500
52 500
52 500
Total tax
23 004
22 637
23 209
21 971
After tax
29 496
29 863
29 291
30 529
Living cost
27 362
27 362
27 362
27 362
Free-cash
2 134
2 501
1 929
3 167

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽185
-₽12147
-₽6540
-₽6137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
472
income
-
-
-
7 620
pensions
-
-
-
14 858
other
-
-
-
52
unemployment
-
-
-
368
total
-
-
-
23 370
Employee
49 017
-
39 809
-
other
48
-
40
-
income
10 238
-
7 750
-
pensions
2 304
-
1 870
-
unemployment
759
-
616
-
total
13 349
-
10 276
-
Employer
49 017
-
39 809
-
accident
971
-
788
-
other
393
-
318
-
unemployment
2 696
-
2 190
-
pensions
11 568
-
9 395
-
total
15 628
-
12 691
-
Corporate
-
52 500
-
-
income

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

-
7 876
-
-
total
-
7 876
-
-
Dividends
-
44 624
-
-
withholding
-
9 139
-
-
total
-
9 139
-
-
Income
52 500
52 500
52 500
52 500
Total tax
28 977
17 015
22 967
23 370
After tax
23 523
35 485
29 533
29 130
Living cost
35 670
35 670
35 670
35 670
Free-cash
-12 147
-185
-6 137
-6 540

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27421
₽21233
₽17688
₽18385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 875
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
17 345
Employee
23 129
-
45 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
4 555
-
pensions

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

2 030
-
3 114
-
total
5 661
-
9 690
-
Employer
23 129
-
45 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
24 833
52 500
-
-
income
2 484
5 250
-
-
total
2 484
5 250
-
-
Dividends
22 350
47 250
-
-
withholding
1 117
2 362
-
-
total
1 117
2 362
-
-
Income
52 500
52 500
52 500
52 500
Total tax
13 800
7 612
16 648
17 345
After tax
38 700
44 888
35 852
35 155
Living cost
17 467
17 467
17 467
17 467
Free-cash
21 233
27 421
18 385
17 688

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11958
₽1238
₽652
₽1415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
763
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.

-
-
-
4 709
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.

-
-
-
6 934
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.

-
-
-
258
total
-
-
-
12 664
Employee

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

50 500
-
52 500
-
health

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

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

6 934
-
6 934
-
surtax

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

229
-
258
-
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.

4 153
-
4 709
-
total
11 316
-
11 901
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 000
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.

17
433
-
-
income
300
7 876
-
-
trade
287
7 533
-
-
chamber of commerce
158
231
-
-
total
762
16 073
-
-
Dividends
1 237
36 427
-
-
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.

-
480
-
-
withholding
-
8 721
-
-
total
-
9 201
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 078
25 274
11 901
12 664
After tax
40 422
27 226
40 599
39 836
Living cost
39 184
39 184
39 184
39 184
Free-cash
1 238
-11 958
1 415
652

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21065
-₽26893
-₽16276
-₽16276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
income
-
-
-
7 323
social contributions
-
-
-
3 637
total
-
-
-
10 960
Employee
79 392
-
52 500
-
income
14 981
-
7 323
-
social contributions
6 596
-
3 637
-
total
21 577
-
10 960
-
Employer
79 392
-
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
21 577
15 749
10 960
10 960
After tax
30 923
36 751
41 540
41 540
Living cost
57 816
57 816
57 816
57 816
Free-cash
-26 893
-21 065
-16 276
-16 276

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
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.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7837
-₽2202
-₽20045
₽951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
52 500
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
47 831
-
income
5 052
-
5 368
-
social contributions
4 665
-
4 669
-
total
9 717
-
10 037
-
Employer
46 560
-
47 831
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
1 275
52 500
-
-
income
447
18 375
-
-
total
447
18 375
-
-
Dividends
828
34 125
-
-
social contributions
3 030
5 119
-
-
total
3 030
5 119
-
-
Income
52 500
52 500
52 500
52 500
Total tax
17 859
23 494
14 706
35 702
After tax
34 641
29 006
37 794
16 798
Living cost
36 843
36 843
36 843
36 843
Free-cash
-2 202
-7 837
951
-20 045

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
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.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1297
-₽5981
₽1550
-₽3554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 896
pensions
-
-
-
3 015
total
-
-
-
12 911
Employee
52 214
-
47 047
-
health
681
-
575
-
income
9 509
-
8 622
-
pensions
3 985
-
3 365
-
total
14 175
-
12 562
-
Employer
52 214
-
47 047
-
pensions
5 275
-
4 560
-
health
992
-
893
-
total
6 267
-
5 453
-
Corporate
-
52 500
-
-
income

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

-
9 975
-
-
total
-
9 975
-
-
Dividends
-
42 525
-
-
withholding
-
3 189
-
-
total
-
3 189
-
-
Income
52 500
52 500
52 500
52 500
Total tax
20 442
13 164
18 015
12 911
After tax
32 058
39 336
34 485
39 589
Living cost
38 039
38 039
38 039
38 039
Free-cash
-5 981
1 297
-3 554
1 550

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19696
₽579
₽12390
₽3776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
52 500
accident
-
-
-
254
income
-
-
-
9 160
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
16 162
Employee
37 671
-
43 612
-
health
4 313
-
4 994
-
income
5 168
-
5 983
-
pensions
4 242
-
4 911
-
total
13 723
-
15 888
-
Employer
37 671
-
43 612
-
accident
629
-
728
-
unemployment
923
-
1 069
-
pensions
6 125
-
7 091
-
total
7 677
-
8 888
-
Corporate
7 152
52 500
-
-
income

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

6 437
47 250
-
-
total
6 437
47 250
-
-
Dividends
715
5 250
-
-
withholding
136
998
-
-
total
136
998
-
-
Income
52 500
52 500
52 500
52 500
Total tax
27 973
48 248
24 776
16 162
After tax
24 527
4 252
27 724
36 338
Living cost
23 948
23 948
23 948
23 948
Free-cash
579
-19 696
3 776
12 390

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
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.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30920
₽25985
₽17611
₽17611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
262
health insurance
-
-
-
3 885
income
-
-
-
6 747
pensions
-
-
-
9 660
unemployment
-
-
-
630
total
-
-
-
21 184
Employee

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

21 928
-
52 500
-
work injury
110
-
262
-
income
2 193
-
6 747
-
pensions
4 035
-
9 660
-
health insurance
1 623
-
3 885
-
unemployment
263
-
630
-
total
8 224
-
21 184
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 572
52 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
30 572
52 500
-
-
withholding
4 586
7 875
-
-
total
4 586
7 875
-
-
Income
52 500
52 500
52 500
52 500
Total tax
12 810
7 875
21 184
21 184
After tax
39 690
44 625
31 316
31 316
Living cost
13 705
13 705
13 705
13 705
Free-cash
25 985
30 920
17 611
17 611

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12779
-₽33026
-₽11937
-₽14851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
351
regional
-
-
-
775
national
-
-
-
9 374
social contributions
-
-
-
13 504
total
-
-
-
24 004
Employee
85 526
-
52 500
-
social contributions
28 839
-
17 702
-
regional
1 291
-
662
-
municipal
510
-
314
-
national
14 453
-
8 240
-
total
45 093
-
26 918
-
Employer
85 526
-
52 500
-
total
-
-
-
-
Corporate
-
52 500
-
-
nationa
-
12 600
-
-
municipal
-
2 531
-
-
total
-
15 131
-
-
Dividends
-
37 369
-
-
withholding
-
9 715
-
-
total
-
9 715
-
-
Income
52 500
52 500
52 500
52 500
Total tax
45 093
24 846
26 918
24 004
After tax
7 407
27 654
25 582
28 496
Living cost
40 433
40 433
40 433
40 433
Free-cash
-33 026
-12 779
-14 851
-11 937

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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