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
₽ 5500
per

Your estimated
City
free-cash

Dresden , Germany
-₽26957
-₽31278
-₽31278
-₽32395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income

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

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 769
trade
-
-
-
-
total
-
-
-
6 769
Employee

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

37 895
-
5 500
-
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.

58
-
-
-
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.

1 059
-
-
-
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.

6 769
-
6 769
-
total
7 886
-
6 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
158
-
-
trade
-
867
-
-
total
-
1 895
-
-
Dividends
-
3 605
-
-
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.

-
28
-
-
withholding
-
525
-
-
total
-
553
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 886
2 448
6 769
6 769
After tax
-2 386
3 052
-1 269
-1 269
Living cost
30 009
30 009
30 009
30 009
Free-cash
-32 395
-26 957
-31 278
-31 278

Estimated living cost  is ₽30009 per week

₽18877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49055
-₽47608
-₽47706
-₽83249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
59
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
660
total
-
-
-
719
Employee
81 365
-
4 755
-
municipal
10 050
-
-
-
pensions
3 255
-
190
-
national
15 573
-
-
-
total
28 878
-
190
-
Employer
81 365
-
4 755
-
pensions
6 509
-
380
-
social contributions
875
-
51
-
total
7 384
-
431
-
Corporate
-
5 500
-
-
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%.

-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
withholding
-
968
-
-
total
-
968
-
-
Income
5 500
5 500
5 500
5 500
Total tax
36 262
2 068
621
719
After tax
-30 762
3 432
4 879
4 781
Living cost
52 487
52 487
52 487
52 487
Free-cash
-83 249
-49 055
-47 608
-47 706

Estimated living cost  is ₽52487 per week

₽35675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽786
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16212
-₽18936
-₽19056
-₽30425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 119
microenterprise
-
-
-
825
total
-
-
-
3 944
Employee
28 951
-
3 163
-
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.

3 185
-
1 068
-
income
5 154
-
419
-
total
8 339
-
1 487
-
Employer
28 951
-
3 163
-
social contributions

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

6 974
-
2 337
-
surtax
-
-
-
-
total
6 974
-
2 337
-
Corporate
-
5 500
-
-
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%.

-
1 100
-
-
total
-
1 100
-
-
Dividends

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

-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 313
1 100
3 824
3 944
After tax
-9 813
4 400
1 676
1 556
Living cost
20 612
20 612
20 612
20 612
Free-cash
-30 425
-16 212
-18 936
-19 056

Estimated living cost  is ₽20612 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87324
-₽92884
-₽38334
-₽92884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
494
health
-
-
-
844
pensions
-
-
-
991
total
-
-
-
2 329
Employee
84 607
84 607
84 607
-
pensions
15 229
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
12 986
11 046
12 986
-
total
42 064
36 503
42 064
-
Employer
84 607
84 607
84 607
-
health
5 881
5 881
5 881
-
pensions
5 889
5 889
5 889
-
unemployment
3 046
3 046
3 046
-
total
14 816
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
56 880
51 319
56 880
2 329
After tax
-51 380
-45 819
-51 380
3 171
Living cost
41 504
41 504
41 504
41 504
Free-cash
-92 884
-87 324
-92 884
-38 334

Estimated living cost  is ₽41504 per week

₽29413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37753
-₽37818
-₽38014
-₽70819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
11
other
-
-
-
639
unemployment
-
-
-
5
health
-
-
-
343
municipal
-
-
-
1 165
national
-
-
-
-
pensions
-
-
-
595
total
-
-
-
2 758
Employee
58 073
-
4 185
-
municipal
17 317
-
1 248
-
national
-
-
-
-
total
17 317
-
1 248
-
Employer
58 073
-
4 185
-
health
3 571
-
257
-
pensions
6 278
-
452
-
accident
116
-
8
-
unemployment
1 533
-
111
-
other
6 748
-
486
-
total
18 246
-
1 314
-
Corporate
-
5 500
-
-
income
-
1 210
-
-
total
-
1 210
-
-
Dividends
-
4 290
-
-
withholding
-
1 287
-
-
total
-
1 287
-
-
Income
5 500
5 500
5 500
5 500
Total tax
35 563
2 497
2 562
2 758
After tax
-30 063
3 003
2 938
2 742
Living cost
40 756
40 756
40 756
40 756
Free-cash
-70 819
-37 753
-37 818
-38 014

Estimated living cost  is ₽40756 per week

₽27011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35896
-₽40190
-₽40190
-₽44744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income

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

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 769
trade
-
-
-
-
total
-
-
-
6 769
Employee

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

50 244
-
5 500
-
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.

237
-
-
-
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.

4 317
-
-
-
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.

6 769
-
6 769
-
total
11 323
-
6 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
158
-
-
trade
-
904
-
-
total
-
1 932
-
-
Dividends
-
3 567
-
-
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.

-
28
-
-
withholding
-
515
-
-
total
-
543
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 323
2 475
6 769
6 769
After tax
-5 823
3 025
-1 269
-1 269
Living cost
38 921
38 921
38 921
38 921
Free-cash
-44 744
-35 896
-40 190
-40 190

Estimated living cost  is ₽38921 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49038
-₽40377
-₽33472
-₽43622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 664
income
-
-
-
-
social contributions
-
-
-
5 876
health
-
-
-
961
total
-
-
-
6 837
Employee
76 185
76 185
76 185
-
social contributions
3 702
6 323
2 132
-
income
8 000
7 052
8 566
-
health
758
1 295
436
-
total
12 460
14 670
11 134
-
Employer
76 185
76 185
76 185
-
health
825
1 410
476
-
social contributions
3 702
6 323
2 132
-
total
4 527
7 733
2 608
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 987
22 403
13 742
6 837
After tax
-11 487
-16 903
-8 242
-1 337
Living cost
32 135
32 135
32 135
32 135
Free-cash
-43 622
-49 038
-40 377
-33 472

Estimated living cost  is ₽32135 per week

₽21968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17863
-₽17015
-₽14708
-₽25778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
604
unemployment
-
-
-
119
health
-
-
-
557
pensions
-
-
-
796
total
-
-
-
2 076
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.

26 173
10 417
10 417
-
unemployment
393
156
120
-
pensions
2 617
1 042
801
-
income
3 200
1 273
1 340
-
health
1 832
729
561
-
total
8 042
3 200
2 822
-
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.

26 173
10 417
10 417
-
pensions
5 104
2 031
1 561
-
total
5 104
2 031
1 561
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 146
5 231
4 383
2 076
After tax
-7 646
269
1 117
3 424
Living cost
18 132
18 132
18 132
18 132
Free-cash
-25 778
-17 863
-17 015
-14 708

Estimated living cost  is ₽18132 per week

₽12373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19531
-₽22650
-₽22154
-₽32107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
1 467
pensions
-
-
-
2 256
total
-
-
-
3 723
Employee
28 106
-
1 687
-
unemployment
449
-
180
-
pensions
562
-
226
-
income
3 164
-
-
-
total
4 175
-
406
-
Employer
28 106
-
1 687
-
health
3 653
-
1 467
-
pensions
5 622
-
2 256
-
unemployment
226
-
90
-
total
9 501
-
3 813
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 676
1 100
4 219
3 723
After tax
-8 176
4 400
1 281
1 777
Living cost
23 931
23 931
23 931
23 931
Free-cash
-32 107
-19 531
-22 650
-22 154

Estimated living cost  is ₽23931 per week

₽16414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21614
-₽19154
-₽23543
-₽36270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
253
income
-
-
-
-
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
6 984
Employee
34 699
-
4 569
-
pensions
3 907
-
514
-
income
4 760
-
627
-
health
3 973
-
523
-
total
12 640
-
1 664
-
Employer
34 699
-
4 569
-
pensions
5 642
-
743
-
accident
579
-
76
-
unemployment
850
-
112
-
total
7 071
-
931
-
Corporate
-
5 500
-
-
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.

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 711
5 055
2 595
6 984
After tax
-14 211
445
2 905
-1 484
Living cost
22 059
22 059
22 059
22 059
Free-cash
-36 270
-21 614
-19 154
-23 543

Estimated living cost  is ₽22059 per week

₽16167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2881
-₽3706
-₽2661
-₽4632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
5 500
microenterprise

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

-
-
-
55
total
-
-
-
55
Employee
10 133
-
5 500
-
income
2 026
-
1 100
-
total
2 026
-
1 100
-
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%.

-
5 500
-
-
total
-
-
-
-
Dividends
-
5 500
-
-
withholding
-
275
-
-
total
-
275
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 026
275
1 100
55
After tax
3 474
5 225
4 400
5 445
Living cost
8 106
8 106
8 106
8 106
Free-cash
-4 632
-2 881
-3 706
-2 661

Estimated living cost  is ₽8106 per week

₽5024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22359
-₽23361
-₽24833
-₽39540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
367
other
-
-
-
511
health
-
-
-
474
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.

-
-
-
2 581
total
-
-
-
3 933
Employee
35 974
-
4 141
-
unemployment
359
-
41
-
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.

2 518
-
290
-
income
6 193
-
713
-
health
504
-
58
-
total
9 574
-
1 102
-
Employer
35 974
-
4 141
-
health
504
-
58
-
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.

6 116
-
703
-
accident
288
-
34
-
unemployment
359
-
41
-
other
1 799
-
523
-
total
9 066
-
1 359
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
305
-
-
total
-
305
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 640
1 459
2 461
3 933
After tax
-13 140
4 041
3 039
1 567
Living cost
26 400
26 400
26 400
26 400
Free-cash
-39 540
-22 359
-23 361
-24 833

Estimated living cost  is ₽26400 per week

₽18653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61873
-₽61675
-₽61593
-₽100668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
93 370
-
5 398
-
pensions
9 008
-
-
-
income
16 831
-
1 080
-
health
1 539
-
-
-
total
27 378
-
1 080
-
Employer
93 370
-
5 398
-
health
1 773
-
102
-
pensions
11 024
-
-
-
total
12 797
-
102
-
Corporate
-
5 500
-
-
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.

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
40 175
1 380
1 182
1 100
After tax
-34 675
4 120
4 318
4 400
Living cost
65 993
65 993
65 993
65 993
Free-cash
-100 668
-61 873
-61 675
-61 593

Estimated living cost  is ₽65993 per week

₽49450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8287
-₽10115
-₽10041
-₽15075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
unemployment
-
-
-
26
health
-
-
-
743
pensions

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

-
-
-
957
total
-
-
-
2 551
Employee
17 201
-
4 232
-
accident

We are using the highest rate at 1.1%.

189
-
71
-
pensions

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

1 510
-
567
-
income
1 720
-
423
-
health
791
-
297
-
total
4 210
-
1 358
-
Employer
17 201
-
4 232
-
health
1 187
-
446
-
pensions

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

1 896
-
712
-
accident

We are using the highest rate at 1.1%.

189
-
71
-
unemployment
103
-
38
-
total
3 375
-
1 267
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 585
797
2 625
2 551
After tax
-2 085
4 703
2 875
2 949
Living cost
12 990
12 990
12 990
12 990
Free-cash
-15 075
-8 287
-10 115
-10 041

Estimated living cost  is ₽12990 per week

₽7584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽100758
-₽106319
-₽51768
-₽102439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
494
health
-
-
-
844
pensions
-
-
-
991
total
-
-
-
2 329
Employee
91 856
84 607
84 607
-
pensions
11 608
11 608
15 229
-
income

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

13 849
13 849
13 849
-
health
11 460
11 046
12 986
-
total
36 917
36 503
42 064
-
Employer
91 856
84 607
84 607
-
health
6 383
5 881
5 881
-
pensions
6 393
5 889
5 889
-
unemployment
3 307
3 046
3 046
-
total
16 083
14 816
14 816
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
53 000
51 319
56 880
2 329
After tax
-47 500
-45 819
-51 380
3 171
Living cost
54 939
54 939
54 939
54 939
Free-cash
-102 439
-100 758
-106 319
-51 768

Estimated living cost  is ₽54939 per week

₽40527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20814
-₽21810
-₽21923
-₽42979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
473
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
health
-
-
-
743
total
-
-
-
2 822
Employee
36 178
-
4 104
-
solidarity contribution
-
-
-
-
social contributions
2 352
-
267
-
income
4 341
-
493
-
health
4 884
-
554
-
total
11 577
-
1 314
-
Employer
36 178
-
4 104
-
health
3 256
-
369
-
social contributions
9 045
-
1 026
-
total
12 301
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 878
1 713
2 709
2 822
After tax
-18 378
3 787
2 791
2 678
Living cost
24 601
24 601
24 601
24 601
Free-cash
-42 979
-20 814
-21 810
-21 923

Estimated living cost  is ₽24601 per week

₽17088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
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.
₽5279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38871
-₽46373
-₽43986
-₽82552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 679
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 679
Employee
88 053
-
5 500
-
municipal
466
-
-
-
national
15 257
-
-
-
regional
831
-
-
-
social contributions
29 691
-
10 066
-
total
46 245
-
10 066
-
Employer
88 053
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
214
-
-
nationa
-
1 320
-
-
total
-
1 534
-
-
Dividends
-
3 966
-
-
withholding
-
1 030
-
-
total
-
1 030
-
-
Income
5 500
5 500
5 500
5 500
Total tax
46 245
2 564
10 066
7 679
After tax
-40 745
2 936
-4 566
-2 179
Living cost
41 807
41 807
41 807
41 807
Free-cash
-82 552
-38 871
-46 373
-43 986

Estimated living cost  is ₽41807 per week

₽29142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18405
-₽21401
-₽20512
-₽34162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
338
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
226
health
-
-
-
940
pensions
-
-
-
2 645
total
-
-
-
4 149
Employee
32 764
-
2 717
-
other
-
-
-
-
unemployment
2 281
-
919
-
pensions
2 185
-
882
-
surtax
107
-
-
-
income
5 492
-
117
-
health
837
-
337
-
total
10 902
-
2 255
-
Employer
32 764
-
2 717
-
health
1 491
-
602
-
pensions
4 368
-
1 762
-
unemployment
1 038
-
419
-
other
-
-
-
-
total
6 897
-
2 783
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
611
-
-
total
-
611
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 799
2 042
5 038
4 149
After tax
-12 299
3 458
462
1 351
Living cost
21 863
21 863
21 863
21 863
Free-cash
-34 162
-18 405
-21 401
-20 512

Estimated living cost  is ₽21863 per week

₽13368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40965
-₽40767
-₽40685
-₽65037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
62 574
-
5 398
-
pensions
5 311
-
-
-
income
11 270
-
1 080
-
health
908
-
-
-
total
17 489
-
1 080
-
Employer
62 574
-
5 398
-
health
1 189
-
102
-
pensions
6 774
-
-
-
total
7 963
-
102
-
Corporate
-
5 500
-
-
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.

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 452
1 380
1 182
1 100
After tax
-19 952
4 120
4 318
4 400
Living cost
45 085
45 085
45 085
45 085
Free-cash
-65 037
-40 965
-40 767
-40 685

Estimated living cost  is ₽45085 per week

₽33777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽75837
-₽76773
-₽73779
-₽94926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
other

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

-
-
-
111
regional
-
-
-
-
health
-
-
-
256
city
-
-
-
54
national
-
-
-
-
pensions
-
-
-
505
total
-
-
-
926
Employee
91 693
-
3 474
-
unemployment
-
-
-
-
pensions
7 703
-
1 908
-
national
434
-
-
-
regional
3 002
-
-
-
city
984
-
18
-
health
207
-
8
-
total
12 330
-
1 934
-
Employer
91 693
-
3 474
-
health
207
-
8
-
pensions
7 703
-
1 908
-
unemployment
-
-
-
-
other

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

1 833
-
70
-
total
9 743
-
1 986
-
Corporate
-
5 500
-
-
regional
-
1 163
-
-
national
-
467
-
-
total
-
1 630
-
-
Dividends
-
3 870
-
-
withholding
-
1 354
-
-
total
-
1 354
-
-
Income
5 500
5 500
5 500
5 500
Total tax
22 073
2 984
3 920
926
After tax
-16 573
2 516
1 580
4 574
Living cost
78 353
78 353
78 353
78 353
Free-cash
-94 926
-75 837
-76 773
-73 779

Estimated living cost  is ₽78353 per week

₽50952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽962
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42393
-₽46656
-₽46656
-₽54043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income

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

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 769
trade
-
-
-
-
total
-
-
-
6 769
Employee

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

59 543
-
5 500
-
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.

385
-
-
-
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.

7 002
-
-
-
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.

6 769
-
6 769
-
total
14 156
-
6 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
158
-
-
trade
-
944
-
-
total
-
1 972
-
-
Dividends
-
3 528
-
-
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.

-
28
-
-
withholding
-
506
-
-
total
-
534
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 156
2 506
6 769
6 769
After tax
-8 656
2 994
-1 269
-1 269
Living cost
45 387
45 387
45 387
45 387
Free-cash
-54 043
-42 393
-46 656
-46 656

Estimated living cost  is ₽45387 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31127
-₽30299
-₽32597
-₽50145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
263
pensions
-
-
-
3 610
total
-
-
-
4 200
Employee
42 403
-
4 191
-
pensions
4 794
-
474
-
surtax
-
-
-
-
social contributions
1 209
-
120
-
income
2 502
-
-
-
total
8 505
-
594
-
Employer
42 403
-
4 191
-
health
2 969
-
293
-
pensions
6 966
-
688
-
unemployment
1 717
-
169
-
social contributions
128
-
13
-
other
1 463
-
145
-
total
13 243
-
1 308
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
682
-
-
withholding
-
508
-
-
total
-
1 190
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 748
2 730
1 902
4 200
After tax
-16 248
2 770
3 598
1 300
Living cost
33 897
33 897
33 897
33 897
Free-cash
-50 145
-31 127
-30 299
-32 597

Estimated living cost  is ₽33897 per week

₽21374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27769
-₽26941
-₽29239
-₽44172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
263
pensions
-
-
-
3 610
total
-
-
-
4 200
Employee
37 851
-
4 191
-
pensions
4 281
-
474
-
surtax
-
-
-
-
social contributions
1 079
-
120
-
income
1 952
-
-
-
total
7 312
-
594
-
Employer
37 851
-
4 191
-
health
2 649
-
293
-
pensions
6 220
-
688
-
unemployment
1 532
-
169
-
social contributions
113
-
13
-
other
1 307
-
145
-
total
11 821
-
1 308
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
682
-
-
withholding
-
508
-
-
total
-
1 190
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 133
2 730
1 902
4 200
After tax
-13 633
2 770
3 598
1 300
Living cost
30 539
30 539
30 539
30 539
Free-cash
-44 172
-27 769
-26 941
-29 239

Estimated living cost  is ₽30539 per week

₽17711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Marseille model

Close
Vilnius , Lithuania
-₽19170
-₽18111
-₽18936
-₽30695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
social contributions
-
-
-
1 728
health
-
-
-
874
total
-
-
-
3 427
Employee
33 593
-
5 500
-
social contributions
4 636
-
1 728
-
income
5 603
-
-
-
health
2 345
-
874
-
total
12 584
-
2 602
-
Employer
33 593
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
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%.

-
275
-
-
total
-
275
-
-
Dividends
-
5 225
-
-
social contributions
1 728
1 728
-
-
withholding
-
784
-
-
health
874
874
-
-
total
2 602
3 386
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 186
3 661
2 602
3 427
After tax
-9 686
1 839
2 898
2 073
Living cost
21 009
21 009
21 009
21 009
Free-cash
-30 695
-19 170
-18 111
-18 936

Estimated living cost  is ₽21009 per week

₽14060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51975
-₽41861
-₽38291
-₽59397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
surtax
-
-
-
196
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
23
health
-
-
-
756
pensions
-
-
-
1 828
total
-
-
-
8 880
Employee
49 514
39 483
39 483
-
other
494
395
100
-
unemployment
1 485
1 185
297
-
pensions
5 071
4 042
1 012
-
income
5 637
2 912
4 638
-
health
1 916
1 529
382
-
total
14 603
10 063
6 429
-
Employer
49 514
39 483
39 483
-
chamber of commerce
197
158
158
-
health
1 871
1 493
374
-
pensions
6 214
4 956
1 241
-
accident
643
513
6
-
unemployment
1 485
1 185
297
-
surtax
196
196
196
-
payroll
1 485
1 185
1 185
-
other
2 352
1 875
1 624
-
total
14 443
11 561
5 081
-
Corporate
3 760
3 760
3 760
-
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.

940
940
940
-
total
940
940
940
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 986
22 564
12 450
8 880
After tax
-24 486
-17 064
-6 950
-3 380
Living cost
34 911
34 911
34 911
34 911
Free-cash
-59 397
-51 975
-41 861
-38 291

Estimated living cost  is ₽34911 per week

₽23284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32699
-₽33569
-₽35935
-₽86000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
communal

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

-
-
-
17
social contributions
-
-
-
5 223
national
-
-
-
70
total
-
-
-
5 310
Employee

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

70 870
-
4 261
-
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.

617
-
38
-
communal

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

3 696
-
222
-
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.

5 315
-
320
-
national
21 788
-
927
-
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.

3 330
-
199
-
total
34 746
-
1 706
-
Employer

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

70 870
-
4 261
-
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.

4 358
-
261
-
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.

6 280
-
378
-
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.

921
-
56
-
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.

1 034
-
62
-
surtax
8 036
-
481
-
total
20 629
-
1 238
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
surtax
-
23
-
-
total
-
1 123
-
-
Dividends
-
4 378
-
-
withholding

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

-
951
-
-
total
-
951
-
-
Income
5 500
5 500
5 500
5 500
Total tax
55 375
2 074
2 944
5 310
After tax
-49 875
3 426
2 556
190
Living cost
36 125
36 125
36 125
36 125
Free-cash
-86 000
-32 699
-33 569
-35 935

Estimated living cost  is ₽36125 per week

₽23269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31993
-₽42930
-₽36673
-₽59539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
192
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 030
total
-
-
-
6 392
Employee
49 318
-
-
-
other
49
-
34
-
unemployment
765
-
513
-
pensions
2 318
-
1 555
-
income
10 406
-
-
-
total
13 538
-
2 102
-
Employer
49 318
-
-
-
pensions
11 638
-
7 808
-
accident
976
-
654
-
unemployment
2 713
-
1 820
-
other
393
-
265
-
total
15 720
-
10 547
-
Corporate
-
5 500
-
-
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.

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
887
-
-
total
-
887
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 258
1 712
12 649
6 392
After tax
-23 758
3 788
-7 149
-892
Living cost
35 781
35 781
35 781
35 781
Free-cash
-59 539
-31 993
-42 930
-36 673

Estimated living cost  is ₽35781 per week

₽26349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50079
-₽59847
-₽59845
-₽78492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
communal
-
-
-
-
accident
-
-
-
425
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 535
pensions
-
-
-
7 543
total
-
-
-
11 503
Employee
75 030
-
-
-
pensions
6 001
-
3 772
-
surtax
4 599
-
-
-
income
7 247
-
-
-
health
3 339
-
2 098
-
total
21 186
-
5 870
-
Employer
75 030
-
-
-
health
2 288
-
1 438
-
pensions
6 001
-
3 772
-
accident
675
-
425
-
total
8 964
-
5 635
-
Corporate
-
5 500
-
-
communal
-
-
-
-
income
-
825
-
-
surtax
-
58
-
-
total
-
883
-
-
Dividends
-
4 616
-
-
income
-
162
-
-
withholding
-
692
-
-
total
-
854
-
-
Income
5 500
5 500
5 500
5 500
Total tax
30 150
1 737
11 505
11 503
After tax
-24 650
3 763
-6 005
-6 003
Living cost
53 842
53 842
53 842
53 842
Free-cash
-78 492
-50 079
-59 847
-59 845

Estimated living cost  is ₽53842 per week

₽40390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18796
-₽21792
-₽20903
-₽34889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
338
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
226
health
-
-
-
940
pensions
-
-
-
2 645
total
-
-
-
4 149
Employee
33 365
-
2 717
-
other
-
-
-
-
unemployment
2 322
-
919
-
pensions
2 226
-
882
-
surtax
118
-
-
-
income
5 593
-
117
-
health
852
-
337
-
total
11 111
-
2 255
-
Employer
33 365
-
2 717
-
health
1 517
-
602
-
pensions
4 448
-
1 762
-
unemployment
1 059
-
419
-
other
-
-
-
-
total
7 024
-
2 783
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
611
-
-
total
-
611
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 135
2 042
5 038
4 149
After tax
-12 635
3 458
462
1 351
Living cost
22 254
22 254
22 254
22 254
Free-cash
-34 889
-18 796
-21 792
-20 903

Estimated living cost  is ₽22254 per week

₽13436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23797
-₽31255
-₽28868
-₽49460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 679
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 679
Employee
54 959
-
5 500
-
municipal
291
-
-
-
national
8 707
-
-
-
regional
740
-
-
-
social contributions
18 533
-
10 066
-
total
28 271
-
10 066
-
Employer
54 959
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
273
-
-
nationa
-
1 320
-
-
total
-
1 593
-
-
Dividends
-
3 908
-
-
withholding
-
1 015
-
-
total
-
1 015
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 271
2 608
10 066
7 679
After tax
-22 771
2 892
-4 566
-2 179
Living cost
26 689
26 689
26 689
26 689
Free-cash
-49 460
-23 797
-31 255
-28 868

Estimated living cost  is ₽26689 per week

₽16598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26528
-₽27524
-₽27637
-₽54238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
473
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
health
-
-
-
743
total
-
-
-
2 822
Employee
44 581
-
4 104
-
solidarity contribution
-
-
-
-
social contributions
2 898
-
267
-
income
5 350
-
493
-
health
6 018
-
554
-
total
14 266
-
1 314
-
Employer
44 581
-
4 104
-
health
4 012
-
369
-
social contributions
11 145
-
1 026
-
total
15 157
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 423
1 713
2 709
2 822
After tax
-23 923
3 787
2 791
2 678
Living cost
30 315
30 315
30 315
30 315
Free-cash
-54 238
-26 528
-27 524
-27 637

Estimated living cost  is ₽30315 per week

₽22544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48477
-₽38365
-₽34793
-₽51212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
6 077
chamber of commerce
-
-
-
23
health
-
-
-
756
pensions
-
-
-
1 828
total
-
-
-
8 684
Employee
43 309
39 483
39 483
-
other
432
395
100
-
unemployment
1 299
1 185
297
-
pensions
4 435
4 042
1 012
-
income
3 858
2 912
4 638
-
health
1 675
1 529
382
-
total
11 699
10 063
6 429
-
Employer
43 309
39 483
39 483
-
chamber of commerce
173
158
158
-
health
1 638
1 493
374
-
pensions
5 436
4 956
1 241
-
accident
562
513
8
-
unemployment
1 299
1 185
297
-
surtax
-
-
-
-
payroll
1 299
1 185
1 185
-
other
2 057
1 875
1 624
-
total
12 464
11 365
4 887
-
Corporate
3 760
3 760
3 760
-
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.

940
940
940
-
total
940
940
940
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 103
22 368
12 256
8 684
After tax
-19 603
-16 868
-6 756
-3 184
Living cost
31 609
31 609
31 609
31 609
Free-cash
-51 212
-48 477
-38 365
-34 793

Estimated living cost  is ₽31609 per week

₽18961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
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.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7407
-₽8232
-₽7187
-₽10290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
5 500
microenterprise

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

-
-
-
55
total
-
-
-
55
Employee
15 791
-
5 500
-
income
3 158
-
1 100
-
total
3 158
-
1 100
-
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%.

-
5 500
-
-
total
-
-
-
-
Dividends
-
5 500
-
-
withholding
-
275
-
-
total
-
275
-
-
Income
5 500
5 500
5 500
5 500
Total tax
3 158
275
1 100
55
After tax
2 342
5 225
4 400
5 445
Living cost
12 632
12 632
12 632
12 632
Free-cash
-10 290
-7 407
-8 232
-7 187

Estimated living cost  is ₽12632 per week

₽8548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22786
-₽23462
-₽23258
-₽45134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
632
unemployment
-
-
-
8
health
-
-
-
540
pensions
-
-
-
1 004
total
-
-
-
2 184
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.

43 812
-
4 757
-
unemployment
62
-
8
-
pensions
6 791
-
737
-
income
7 555
-
592
-
health
2 830
-
308
-
total
17 238
-
1 645
-
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.

43 812
-
4 757
-
health
2 918
-
318
-
pensions
3 877
-
421
-
unemployment
26
-
4
-
total
6 821
-
743
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
667
-
-
total
-
667
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 059
1 712
2 388
2 184
After tax
-18 559
3 788
3 112
3 316
Living cost
26 574
26 574
26 574
26 574
Free-cash
-45 134
-22 786
-23 462
-23 258

Estimated living cost  is ₽26574 per week

₽18238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40046
-₽51122
-₽39891
-₽144445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
988
social contributions
-
-
-
1 011
total
-
-
-
1 999
Employee
62 218
-
-
-
social contributions
5 102
-
727
-
income
13 724
-
-
-
total
18 826
-
727
-
Employer
62 218
-
-
-
social contributions
87 727
-
12 503
-
total
87 727
-
12 503
-
Corporate
-
5 500
-
-
income
-
1 210
-
-
total
-
1 210
-
-
Dividends
-
4 290
-
-
income
-
944
-
-
total
-
944
-
-
Income
5 500
5 500
5 500
5 500
Total tax
106 553
2 154
13 230
1 999
After tax
-101 053
3 346
-7 730
3 501
Living cost
43 392
43 392
43 392
43 392
Free-cash
-144 445
-40 046
-51 122
-39 891

Estimated living cost  is ₽43392 per week

₽28154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4081
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27947
-₽27694
-₽27811
-₽50890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
322
surtax
-
-
-
-
social contributions

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

-
-
-
1 912
total
-
-
-
2 234
Employee
45 567
-
4 443
-
surtax
-
-
-
-
social contributions
5 013
-
489
-
income
9 478
-
573
-
total
14 491
-
1 062
-
Employer
45 567
-
4 443
-
social contributions
10 822
-
1 055
-
total
10 822
-
1 055
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 216
-
-
total
-
1 216
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 313
2 370
2 117
2 234
After tax
-19 813
3 130
3 383
3 266
Living cost
31 077
31 077
31 077
31 077
Free-cash
-50 890
-27 947
-27 694
-27 811

Estimated living cost  is ₽31077 per week

₽23252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45083
-₽44255
-₽46553
-₽75934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
263
pensions
-
-
-
3 610
total
-
-
-
4 200
Employee
62 053
-
4 191
-
pensions
7 019
-
474
-
surtax
-
-
-
-
social contributions
1 767
-
120
-
income
5 414
-
-
-
total
14 200
-
594
-
Employer
62 053
-
4 191
-
health
4 343
-
293
-
pensions
10 196
-
688
-
unemployment
2 514
-
169
-
social contributions
186
-
13
-
other
2 142
-
145
-
total
19 381
-
1 308
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
682
-
-
withholding
-
508
-
-
total
-
1 190
-
-
Income
5 500
5 500
5 500
5 500
Total tax
33 581
2 730
1 902
4 200
After tax
-28 081
2 770
3 598
1 300
Living cost
47 853
47 853
47 853
47 853
Free-cash
-75 934
-45 083
-44 255
-46 553

Estimated living cost  is ₽47853 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24833
-₽25329
-₽25493
-₽31289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
social contributions
-
-
-
1 211
total
-
-
-
1 211
Employee
31 852
-
4 763
-
income
-
-
-
-
social contributions
2 070
-
310
-
total
2 070
-
310
-
Employer
31 852
-
4 763
-
social contributions
4 937
-
737
-
total
4 937
-
737
-
Corporate
-
5 500
-
-
income
-
551
-
-
total
-
551
-
-
Dividends
-
4 949
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 007
551
1 047
1 211
After tax
-1 507
4 949
4 453
4 289
Living cost
29 782
29 782
29 782
29 782
Free-cash
-31 289
-24 833
-25 329
-25 493

Estimated living cost  is ₽29782 per week

₽19257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽210278
-₽210278
-₽43425
-₽210278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
labour market
-
-
-
371
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
858
total
-
-
-
1 229
Employee
201 314
201 314
201 314
-
municipal
42 869
42 869
42 869
-
labour market
16 082
16 082
16 082
-
pensions
286
286
286
-
national
24 594
24 594
24 594
-
total
83 831
83 831
83 831
-
Employer
201 314
201 314
201 314
-
national
24 637
24 637
24 637
-
labour market
16 105
16 105
16 105
-
pensions
572
572
572
-
municipal
42 937
42 937
42 937
-
total
84 251
84 251
84 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
168 082
168 082
168 082
1 229
After tax
-162 582
-162 582
-162 582
4 271
Living cost
47 696
47 696
47 696
47 696
Free-cash
-210 278
-210 278
-210 278
-43 425

Estimated living cost  is ₽47696 per week

₽32644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21288
-₽18828
-₽23217
-₽35656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
253
income
-
-
-
-
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
6 984
Employee
34 188
-
4 569
-
pensions
3 850
-
514
-
income
4 690
-
627
-
health
3 915
-
523
-
total
12 455
-
1 664
-
Employer
34 188
-
4 569
-
pensions
5 559
-
743
-
accident
571
-
76
-
unemployment
838
-
112
-
total
6 968
-
931
-
Corporate
-
5 500
-
-
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.

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 423
5 055
2 595
6 984
After tax
-13 923
445
2 905
-1 484
Living cost
21 733
21 733
21 733
21 733
Free-cash
-35 656
-21 288
-18 828
-23 217

Estimated living cost  is ₽21733 per week

₽15819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34232
-₽34556
-₽33529
-₽56461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
5 500
health
-
-
-
-
municipal
-
-
-
991
national
-
-
-
-
total
-
-
-
991
Employee
52 126
-
4 628
-
municipal
8 538
-
763
-
unemployment
782
-
70
-
pensions
3 518
-
312
-
national
861
-
-
-
health
389
-
-
-
total
14 088
-
1 145
-
Employer
52 126
-
4 628
-
health
400
-
36
-
pensions
9 044
-
803
-
accident
53
-
4
-
unemployment
338
-
30
-
total
9 835
-
873
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends

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

-
3 300
-
-
municipal
-
594
-
-
national
-
-
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 923
1 694
2 018
991
After tax
-18 423
3 806
3 482
4 509
Living cost
38 038
38 038
38 038
38 038
Free-cash
-56 461
-34 232
-34 556
-33 529

Estimated living cost  is ₽38038 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
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.
₽8929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39842
-₽31181
-₽24276
-₽32725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 664
income
-
-
-
-
social contributions
-
-
-
5 876
health
-
-
-
961
total
-
-
-
6 837
Employee
76 185
76 185
76 185
-
social contributions
2 880
6 323
2 132
-
income
8 295
7 052
8 566
-
health
590
1 295
436
-
total
11 765
14 670
11 134
-
Employer
76 185
76 185
76 185
-
health
641
1 410
476
-
social contributions
2 880
6 323
2 132
-
total
3 521
7 733
2 608
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 286
22 403
13 742
6 837
After tax
-9 786
-16 903
-8 242
-1 337
Living cost
22 939
22 939
22 939
22 939
Free-cash
-32 725
-39 842
-31 181
-24 276

Estimated living cost  is ₽22939 per week

₽13748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
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.
₽6434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11175
-₽16150
-₽20145
-₽19583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 500
income
-
-
-
-
unemployment
-
-
-
28
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
9 915
Employee

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

22 741
-
3 721
-
unemployment
113
-
86
-
pensions
3 411
-
2 589
-
income
1 555
-
-
-
health
1 933
-
1 467
-
total
7 012
-
4 142
-
Employer

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

22 741
-
3 721
-
health
978
-
743
-
pensions
1 250
-
949
-
unemployment
113
-
86
-
total
2 341
-
1 778
-
Corporate
-
5 500
-
-
income
-
494
-
-
total
-
494
-
-
Dividends
-
5 006
-
-
withholding
-
451
-
-
total
-
451
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 353
945
5 920
9 915
After tax
-3 853
4 555
-420
-4 415
Living cost
15 730
15 730
15 730
15 730
Free-cash
-19 583
-11 175
-16 150
-20 145

Estimated living cost  is ₽15730 per week

₽10036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23457
-₽34394
-₽28137
-₽42814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
192
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 030
total
-
-
-
6 392
Employee
36 634
-
-
-
other
36
-
34
-
unemployment
568
-
513
-
pensions
1 722
-
1 555
-
income
7 063
-
-
-
total
9 389
-
2 102
-
Employer
36 634
-
-
-
pensions
8 645
-
7 808
-
accident
726
-
654
-
unemployment
2 016
-
1 820
-
other
293
-
265
-
total
11 680
-
10 547
-
Corporate
-
5 500
-
-
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.

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
887
-
-
total
-
887
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 069
1 712
12 649
6 392
After tax
-15 569
3 788
-7 149
-892
Living cost
27 245
27 245
27 245
27 245
Free-cash
-42 814
-23 457
-34 394
-28 137

Estimated living cost  is ₽27245 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1489
₽948
₽793
₽1170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
866
health
-
-
-
798
pensions
-
-
-
1 100
total
-
-
-
2 764
Employee
2 959
-
4 490
-
unemployment
30
-
45
-
pensions
266
-
404
-
income
572
-
924
-
health
148
-
225
-
total
1 016
-
1 598
-
Employer
2 959
-
4 490
-
health
281
-
427
-
pensions
325
-
494
-
unemployment
59
-
90
-
total
665
-
1 011
-
Corporate
1 876
5 500
-
-
income
413
1 210
-
-
total
413
1 210
-
-
Dividends
1 463
4 290
-
-
withholding
293
858
-
-
total
293
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 387
2 068
2 609
2 764
After tax
3 113
3 432
2 891
2 736
Living cost
1 943
1 943
1 943
1 943
Free-cash
1 170
1 489
948
793

Estimated living cost  is ₽1943 per week

₽1154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13166
-₽13639
-₽13767
-₽24972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
47
unemployment
-
-
-
83
health
-
-
-
567
pensions
-
-
-
1 430
total
-
-
-
2 127
Employee

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

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

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

25 846
-
4 582
-
unemployment
194
-
38
-
pensions
3 618
-
718
-
income
3 563
-
62
-
health
1 331
-
264
-
total
8 706
-
1 082
-
Employer

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

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

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

25 846
-
4 582
-
health
1 331
-
264
-
pensions
3 101
-
615
-
unemployment
194
-
38
-
total
4 626
-
917
-
Corporate
-
5 500
-
-
income
-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
701
-
-
total
-
701
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 332
1 526
1 999
2 127
After tax
-7 832
3 974
3 501
3 373
Living cost
17 140
17 140
17 140
17 140
Free-cash
-24 972
-13 166
-13 639
-13 767

Estimated living cost  is ₽17140 per week

₽11540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23580
-₽23327
-₽23444
-₽42086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
322
surtax
-
-
-
-
social contributions

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

-
-
-
1 912
total
-
-
-
2 234
Employee
38 454
-
4 443
-
surtax
-
-
-
-
social contributions
4 230
-
489
-
income
7 514
-
573
-
total
11 744
-
1 062
-
Employer
38 454
-
4 443
-
social contributions
9 132
-
1 055
-
total
9 132
-
1 055
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 216
-
-
total
-
1 216
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 876
2 370
2 117
2 234
After tax
-15 376
3 130
3 383
3 266
Living cost
26 710
26 710
26 710
26 710
Free-cash
-42 086
-23 580
-23 327
-23 444

Estimated living cost  is ₽26710 per week

₽18918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31032
-₽41969
-₽35712
-₽57607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
192
income
-
-
-
-
other
-
-
-
21
unemployment
-
-
-
149
pensions
-
-
-
6 030
total
-
-
-
6 392
Employee
47 849
-
-
-
other
47
-
34
-
unemployment
741
-
513
-
pensions
2 249
-
1 555
-
income
9 994
-
-
-
total
13 031
-
2 102
-
Employer
47 849
-
-
-
pensions
11 292
-
7 808
-
accident
948
-
654
-
unemployment
2 632
-
1 820
-
other
384
-
265
-
total
15 256
-
10 547
-
Corporate
-
5 500
-
-
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.

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
887
-
-
total
-
887
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 287
1 712
12 649
6 392
After tax
-22 787
3 788
-7 149
-892
Living cost
34 820
34 820
34 820
34 820
Free-cash
-57 607
-31 032
-41 969
-35 712

Estimated living cost  is ₽34820 per week

₽25006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12341
-₽14169
-₽14095
-₽21496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
unemployment
-
-
-
26
health
-
-
-
743
pensions

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

-
-
-
957
total
-
-
-
2 551
Employee
22 568
-
4 232
-
accident

We are using the highest rate at 1.1%.

248
-
71
-
pensions

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

1 981
-
567
-
income
2 257
-
423
-
health
1 038
-
297
-
total
5 524
-
1 358
-
Employer
22 568
-
4 232
-
health
1 557
-
446
-
pensions

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

2 487
-
712
-
accident

We are using the highest rate at 1.1%.

248
-
71
-
unemployment
136
-
38
-
total
4 428
-
1 267
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 952
797
2 625
2 551
After tax
-4 452
4 703
2 875
2 949
Living cost
17 044
17 044
17 044
17 044
Free-cash
-21 496
-12 341
-14 169
-14 095

Estimated living cost  is ₽17044 per week

₽11273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35142
-₽39520
-₽39520
-₽43798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income

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

-
-
-
-
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.

-
-
-
-
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.

-
-
-
6 769
trade
-
-
-
-
total
-
-
-
6 769
Employee

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

49 297
-
5 500
-
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.

224
-
-
-
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.

4 054
-
-
-
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.

6 769
-
6 769
-
total
11 047
-
6 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
158
-
-
trade
-
790
-
-
total
-
1 818
-
-
Dividends
-
3 682
-
-
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.

-
30
-
-
withholding
-
543
-
-
total
-
573
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 047
2 391
6 769
6 769
After tax
-5 547
3 109
-1 269
-1 269
Living cost
38 251
38 251
38 251
38 251
Free-cash
-43 798
-35 142
-39 520
-39 520

Estimated living cost  is ₽38251 per week

₽26386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4116
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52589
-₽50938
-₽50938
-₽72001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
77 500
-
5 500
-
income
14 624
-
-
-
social contributions
6 439
-
-
-
total
21 063
-
-
-
Employer
77 500
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
688
-
-
total
-
688
-
-
Dividends
-
4 812
-
-
withholding
-
963
-
-
total
-
963
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 063
1 651
-
-
After tax
-15 563
3 849
5 500
5 500
Living cost
56 438
56 438
56 438
56 438
Free-cash
-72 001
-52 589
-50 938
-50 938

Estimated living cost  is ₽56438 per week

₽42937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35347
-₽33909
-₽64697
-₽47462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
28 202
health

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

-
-
-
6 030
total
-
-
-
34 232
Employee
45 450
-
3 778
-
income
4 932
-
-
-
social contributions
4 554
-
1 722
-
total
9 486
-
1 722
-
Employer
45 450
-
3 778
-
social contributions
4 554
-
1 722
-
total
4 554
-
1 722
-
Corporate
-
5 500
-
-
income
-
1 925
-
-
total
-
1 925
-
-
Dividends
-
3 575
-
-
social contributions
2 957
2 957
-
-
total
2 957
2 957
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 997
4 882
3 444
34 232
After tax
-11 497
618
2 056
-28 732
Living cost
35 965
35 965
35 965
35 965
Free-cash
-47 462
-35 347
-33 909
-64 697

Estimated living cost  is ₽35965 per week

₽23690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32532
-₽32334
-₽32252
-₽50849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
50 310
-
5 398
-
pensions
3 840
-
-
-
income
9 162
-
1 080
-
health
656
-
-
-
total
13 658
-
1 080
-
Employer
50 310
-
5 398
-
health
956
-
102
-
pensions
5 083
-
-
-
total
6 039
-
102
-
Corporate
-
5 500
-
-
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.

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 697
1 380
1 182
1 100
After tax
-14 197
4 120
4 318
4 400
Living cost
36 652
36 652
36 652
36 652
Free-cash
-50 849
-32 532
-32 334
-32 252

Estimated living cost  is ₽36652 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23440
-₽20980
-₽25369
-₽39729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
253
income
-
-
-
-
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 172
total
-
-
-
6 984
Employee
37 572
-
4 569
-
pensions
4 231
-
514
-
income
5 155
-
627
-
health
4 302
-
523
-
total
13 688
-
1 664
-
Employer
37 572
-
4 569
-
pensions
6 109
-
743
-
accident
627
-
76
-
unemployment
920
-
112
-
total
7 656
-
931
-
Corporate
-
5 500
-
-
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.

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 344
5 055
2 595
6 984
After tax
-15 844
445
2 905
-1 484
Living cost
23 885
23 885
23 885
23 885
Free-cash
-39 729
-23 440
-20 980
-25 369

Estimated living cost  is ₽23885 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
-₽8709
-₽10250
-₽10250
-₽15914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 500
income
-
-
-
550
unemployment
-
-
-
79
work injury
-
-
-
33
health insurance
-
-
-
489
pensions
-
-
-
1 215
total
-
-
-
2 366
Employee

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

21 414
-
5 500
-
health insurance
1 585
-
489
-
unemployment
257
-
79
-
work injury
107
-
33
-
pensions
3 940
-
1 215
-
income
2 141
-
550
-
total
8 030
-
2 366
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
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
-
5 500
-
-
withholding
-
825
-
-
total
-
825
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 030
825
2 366
2 366
After tax
-2 530
4 675
3 134
3 134
Living cost
13 384
13 384
13 384
13 384
Free-cash
-15 914
-8 709
-10 250
-10 250

Estimated living cost  is ₽13384 per week

₽8291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽36572
-₽44036
-₽41649
-₽77989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 679
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 679
Employee
83 488
-
5 500
-
municipal
498
-
-
-
national
14 109
-
-
-
regional
1 260
-
-
-
social contributions
28 152
-
10 066
-
total
44 019
-
10 066
-
Employer
83 488
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
265
-
-
nationa
-
1 320
-
-
total
-
1 585
-
-
Dividends
-
3 915
-
-
withholding
-
1 017
-
-
total
-
1 017
-
-
Income
5 500
5 500
5 500
5 500
Total tax
44 019
2 602
10 066
7 679
After tax
-38 519
2 898
-4 566
-2 179
Living cost
39 470
39 470
39 470
39 470
Free-cash
-77 989
-36 572
-44 036
-41 649

Estimated living cost  is ₽39470 per week

₽27725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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