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
-₽29681
-₽25669
-₽30750
-₽29681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 475
Employee

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

36 249
-
5 500
-
health

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

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

6 475
-
6 475
-
surtax

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

56
-
-
-
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.

1 013
-
-
-
total
7 544
-
6 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
867
-
-
chamber of commerce
-
151
-
-
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
-
-
income
-
826
-
-
total
-
1 889
-
-
Dividends
-
3 612
-
-
surtax

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

-
31
-
-
withholding
-
543
-
-
total
-
574
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 544
2 463
6 475
6 475
After tax
-2 044
3 037
-975
-975
Living cost
28 706
28 706
28 706
28 706
Free-cash
-30 750
-25 669
-29 681
-29 681

Estimated living cost  is ₽28706 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45413
-₽46762
-₽79371
-₽45315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
social contributions
-
-
-
59
national
-
-
-
-
pensions
-
-
-
660
total
-
-
-
719
Employee
77 810
-
4 755
-
pensions
3 112
-
190
-
national
14 893
-
-
-
municipal
9 611
-
-
-
total
27 616
-
190
-
Employer
77 810
-
4 755
-
pensions
6 225
-
380
-
social contributions
836
-
51
-
total
7 061
-
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
34 677
2 068
621
719
After tax
-29 177
3 432
4 879
4 781
Living cost
50 194
50 194
50 194
50 194
Free-cash
-79 371
-46 762
-45 315
-45 413

Estimated living cost  is ₽50194 per week

₽34116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18027
-₽15318
-₽28865
-₽17923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
2 984
income
-
-
-
-
microenterprise
-
-
-
826
surtax
-
-
-
-
total
-
-
-
3 810
Employee
27 693
-
3 264
-
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.

3 047
-
1 022
-
income
4 930
-
448
-
total
7 977
-
1 470
-
Employer
27 693
-
3 264
-
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.

6 671
-
2 236
-
total
6 671
-
2 236
-
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%.

-
1 101
-
-
total
-
1 101
-
-
Dividends

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

-
4 399
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 648
1 101
3 706
3 810
After tax
-9 148
4 399
1 794
1 690
Living cost
19 717
19 717
19 717
19 717
Free-cash
-28 865
-15 318
-17 923
-18 027

Estimated living cost  is ₽19717 per week

₽12579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36530
-₽83292
-₽88612
-₽88612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
844
pensions
-
-
-
989
income
-
-
-
495
total
-
-
-
2 328
Employee
80 933
80 933
80 933
-
health
12 422
10 566
12 422
-
pensions
14 568
11 104
14 568
-
income

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

13 247
13 247
13 247
-
total
40 237
34 917
40 237
-
Employer
80 933
80 933
80 933
-
health
5 626
5 626
5 626
-
pensions
5 633
5 633
5 633
-
unemployment
2 914
2 914
2 914
-
total
14 173
14 173
14 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
54 410
49 090
54 410
2 328
After tax
-48 910
-43 590
-48 910
3 172
Living cost
39 702
39 702
39 702
39 702
Free-cash
-88 612
-83 292
-88 612
-36 530

Estimated living cost  is ₽39702 per week

₽28136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36939
-₽36677
-₽68805
-₽36741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
343
accident
-
-
-
11
other
-
-
-
639
municipal
-
-
-
1 165
pensions
-
-
-
595
national
-
-
-
-
unemployment
-
-
-
6
total
-
-
-
2 759
Employee
56 541
-
4 185
-
national
-
-
-
-
municipal
16 860
-
1 248
-
total
16 860
-
1 248
-
Employer
56 541
-
4 185
-
health
3 477
-
257
-
accident
113
-
8
-
pensions
6 112
-
452
-
other
6 570
-
486
-
unemployment
1 493
-
110
-
total
17 765
-
1 313
-
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
34 625
2 497
2 561
2 759
After tax
-29 125
3 003
2 939
2 741
Living cost
39 680
39 680
39 680
39 680
Free-cash
-68 805
-36 677
-36 741
-36 939

Estimated living cost  is ₽39680 per week

₽26299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38206
-₽34221
-₽42562
-₽38206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 475
Employee

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

48 062
-
5 500
-
health

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

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

6 475
-
6 475
-
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.

227
-
-
-
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.

4 129
-
-
-
total
10 831
-
6 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
905
-
-
chamber of commerce
-
151
-
-
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
-
-
income
-
826
-
-
total
-
1 927
-
-
Dividends
-
3 574
-
-
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.

-
29
-
-
withholding
-
534
-
-
total
-
563
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 831
2 490
6 475
6 475
After tax
-5 331
3 010
-975
-975
Living cost
37 231
37 231
37 231
37 231
Free-cash
-42 562
-34 221
-38 206
-38 206

Estimated living cost  is ₽37231 per week

₽24900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31779
-₽46670
-₽41490
-₽38386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 029
health
-
-
-
919
social contributions
-
-
-
5 620
income
-
-
-
-
total
-
-
-
6 539
Employee
72 877
72 877
72 877
-
health
725
1 239
417
-
social contributions
3 541
6 048
2 040
-
income
7 653
6 746
8 194
-
total
11 919
14 033
10 651
-
Employer
72 877
72 877
72 877
-
health
790
1 349
455
-
social contributions
3 541
6 048
2 040
-
total
4 331
7 397
2 495
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 250
21 430
13 146
6 539
After tax
-10 750
-15 930
-7 646
-1 039
Living cost
30 740
30 740
30 740
30 740
Free-cash
-41 490
-46 670
-38 386
-31 779

Estimated living cost  is ₽30740 per week

₽21014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13872
-₽16856
-₽24427
-₽16042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
533
pensions
-
-
-
762
unemployment
-
-
-
114
income
-
-
-
614
total
-
-
-
2 023
Employee

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
9 967
-
health
1 753
698
536
-
pensions
2 504
997
766
-
unemployment
376
150
115
-
income
3 062
1 218
1 282
-
total
7 695
3 063
2 699
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
9 967
-
pensions
4 883
1 944
1 494
-
total
4 883
1 944
1 494
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
12 578
5 007
4 193
2 023
After tax
-7 078
493
1 307
3 477
Living cost
17 349
17 349
17 349
17 349
Free-cash
-24 427
-16 856
-16 042
-13 872

Estimated living cost  is ₽17349 per week

₽11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20952
-₽18492
-₽30475
-₽21427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 403
pensions
-
-
-
2 158
income
-
-
-
-
total
-
-
-
3 561
Employee
26 886
-
1 853
-
pensions
538
-
216
-
unemployment
430
-
173
-
income
3 027
-
-
-
total
3 995
-
389
-
Employer
26 886
-
1 853
-
health
3 495
-
1 403
-
pensions
5 378
-
2 158
-
unemployment
216
-
86
-
total
9 089
-
3 647
-
Corporate
-
5 500
-
-
income
-
1 101
-
-
total
-
1 101
-
-
Dividends
-
4 399
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 084
1 101
4 036
3 561
After tax
-7 584
4 399
1 464
1 939
Living cost
22 891
22 891
22 891
22 891
Free-cash
-30 475
-18 492
-21 427
-20 952

Estimated living cost  is ₽22891 per week

₽15701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1363
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.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22178
-₽20577
-₽34310
-₽18119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
-
total
-
-
-
6 655
Employee
33 070
-
4 569
-
health
3 787
-
523
-
pensions
3 724
-
515
-
income
4 537
-
627
-
total
12 048
-
1 665
-
Employer
33 070
-
4 569
-
accident
552
-
76
-
pensions
5 377
-
743
-
unemployment
810
-
112
-
total
6 739
-
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
-
104
-
-
total
-
104
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 787
5 054
2 596
6 655
After tax
-13 287
446
2 904
-1 155
Living cost
21 023
21 023
21 023
21 023
Free-cash
-34 310
-20 577
-18 119
-22 178

Estimated living cost  is ₽21023 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2354
-₽2574
-₽4248
-₽3399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 748
-
5 500
-
income
1 949
-
1 100
-
total
1 949
-
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
1 949
275
1 100
55
After tax
3 551
5 225
4 400
5 445
Living cost
7 799
7 799
7 799
7 799
Free-cash
-4 248
-2 574
-3 399
-2 354

Estimated living cost  is ₽7799 per week

₽4833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23561
-₽21212
-₽37584
-₽22199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
453
other
-
-
-
489
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.

-
-
-
2 469
income
-
-
-
397
total
-
-
-
3 808
Employee
34 411
-
4 160
-
health
482
-
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.

2 408
-
291
-
unemployment
344
-
41
-
income
5 924
-
716
-
total
9 158
-
1 106
-
Employer
34 411
-
4 160
-
health
482
-
58
-
accident
275
-
34
-
pensions

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

5 851
-
707
-
other
1 721
-
500
-
unemployment
344
-
41
-
total
8 673
-
1 340
-
Corporate
-
5 500
-
-
income
-
1 155
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 831
1 459
2 446
3 808
After tax
-12 331
4 041
3 054
1 692
Living cost
25 253
25 253
25 253
25 253
Free-cash
-37 584
-21 212
-22 199
-23 561

Estimated living cost  is ₽25253 per week

₽17843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58832
-₽59111
-₽96227
-₽58914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 099
total
-
-
-
1 099
Employee
89 466
-
5 398
-
health
1 474
-
-
-
pensions
8 631
-
-
-
income
16 127
-
1 079
-
total
26 232
-
1 079
-
Employer
89 466
-
5 398
-
health
1 699
-
102
-
pensions
10 563
-
-
-
total
12 262
-
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
-
333
-
-
total
-
333
-
-
Income
5 500
5 500
5 500
5 500
Total tax
38 494
1 378
1 181
1 099
After tax
-32 994
4 122
4 319
4 401
Living cost
63 233
63 233
63 233
63 233
Free-cash
-96 227
-59 111
-58 914
-58 832

Estimated living cost  is ₽63233 per week

₽47382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽9341
-₽7669
-₽14095
-₽9400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
708
pensions

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

-
-
-
911
unemployment
-
-
-
25
income
-
-
-
825
total
-
-
-
2 469
Employee
16 382
-
4 292
-
health
753
-
283
-
accident

We are using the highest rate at 1.1%.

180
-
68
-
pensions

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

1 438
-
540
-
income
1 638
-
429
-
total
4 009
-
1 320
-
Employer
16 382
-
4 292
-
health
1 131
-
425
-
accident

We are using the highest rate at 1.1%.

180
-
68
-
pensions

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

1 805
-
678
-
unemployment
98
-
37
-
total
3 214
-
1 208
-
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
7 223
797
2 528
2 469
After tax
-1 723
4 703
2 972
3 031
Living cost
12 372
12 372
12 372
12 372
Free-cash
-14 095
-7 669
-9 400
-9 341

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49382
-₽96144
-₽97752
-₽101464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
844
pensions
-
-
-
989
income
-
-
-
495
total
-
-
-
2 328
Employee
87 867
80 933
80 933
-
health
10 962
10 566
12 422
-
pensions
11 104
11 104
14 568
-
income

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

13 247
13 247
13 247
-
total
35 313
34 917
40 237
-
Employer
87 867
80 933
80 933
-
health
6 106
5 626
5 626
-
pensions
6 115
5 633
5 633
-
unemployment
3 164
2 914
2 914
-
total
15 385
14 173
14 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
50 698
49 090
54 410
2 328
After tax
-45 198
-43 590
-48 910
3 172
Living cost
52 554
52 554
52 554
52 554
Free-cash
-97 752
-96 144
-101 464
-49 382

Estimated living cost  is ₽52554 per week

₽38767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20751
-₽19642
-₽40670
-₽20638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
743
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
income
-
-
-
473
total
-
-
-
2 822
Employee
34 455
-
4 104
-
health
4 651
-
554
-
solidarity contribution
-
-
-
-
social contributions
2 240
-
267
-
income
4 135
-
493
-
total
11 026
-
1 314
-
Employer
34 455
-
4 104
-
health
3 101
-
369
-
social contributions
8 614
-
1 026
-
total
11 715
-
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
22 741
1 713
2 709
2 822
After tax
-17 241
3 787
2 791
2 678
Living cost
23 429
23 429
23 429
23 429
Free-cash
-40 670
-19 642
-20 638
-20 751

Estimated living cost  is ₽23429 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41836
-₽37056
-₽78729
-₽44120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 345
national
-
-
-
-
total
-
-
-
7 345
Employee
84 229
-
5 500
-
regional
795
-
-
-
national
14 595
-
-
-
social contributions
28 402
-
9 629
-
municipal
446
-
-
-
total
44 238
-
9 629
-
Employer
84 229
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
214
-
-
total
-
1 534
-
-
Dividends
-
3 966
-
-
withholding
-
1 031
-
-
total
-
1 031
-
-
Income
5 500
5 500
5 500
5 500
Total tax
44 238
2 565
9 629
7 345
After tax
-38 738
2 935
-4 129
-1 845
Living cost
39 991
39 991
39 991
39 991
Free-cash
-78 729
-37 056
-44 120
-41 836

Estimated living cost  is ₽39991 per week

₽27877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19429
-₽17453
-₽32438
-₽20278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
899
other
-
-
-
-
pensions
-
-
-
2 531
unemployment
-
-
-
216
income
-
-
-
370
surtax
-
-
-
-
total
-
-
-
4 016
Employee
31 341
-
2 838
-
health
800
-
322
-
pensions
2 090
-
844
-
unemployment
2 182
-
879
-
surtax
103
-
-
-
income
5 253
-
158
-
other
-
-
-
-
total
10 428
-
2 203
-
Employer
31 341
-
2 838
-
health
1 426
-
576
-
pensions
4 178
-
1 685
-
other
-
-
-
-
unemployment
993
-
401
-
total
6 597
-
2 662
-
Corporate
-
5 500
-
-
income
-
1 430
-
-
total
-
1 430
-
-
Dividends
-
4 070
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 025
2 040
4 865
4 016
After tax
-11 525
3 460
635
1 484
Living cost
20 913
20 913
20 913
20 913
Free-cash
-32 438
-17 453
-20 278
-19 429

Estimated living cost  is ₽20913 per week

₽12787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38799
-₽39078
-₽62087
-₽38881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 099
total
-
-
-
1 099
Employee
59 958
-
5 398
-
health
870
-
-
-
pensions
5 089
-
-
-
income
10 799
-
1 079
-
total
16 758
-
1 079
-
Employer
59 958
-
5 398
-
health
1 139
-
102
-
pensions
6 490
-
-
-
total
7 629
-
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
-
333
-
-
total
-
333
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 387
1 378
1 181
1 099
After tax
-18 887
4 122
4 319
4 401
Living cost
43 200
43 200
43 200
43 200
Free-cash
-62 087
-39 078
-38 881
-38 799

Estimated living cost  is ₽43200 per week

₽32365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽72757
-₽74820
-₽93621
-₽75712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
252
city
-
-
-
56
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.

-
-
-
109
regional
-
-
-
-
pensions
-
-
-
506
national
-
-
-
-
total
-
-
-
923
Employee
90 501
-
3 498
-
health
205
-
8
-
regional
2 963
-
-
-
pensions
7 603
-
1 887
-
unemployment
-
-
-
-
national
428
-
-
-
city
971
-
18
-
total
12 170
-
1 913
-
Employer
90 501
-
3 498
-
health
205
-
8
-
pensions
7 603
-
1 887
-
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.

1 809
-
70
-
unemployment
-
-
-
-
total
9 617
-
1 965
-
Corporate
-
5 500
-
-
national
-
467
-
-
regional
-
1 164
-
-
total
-
1 631
-
-
Dividends
-
3 869
-
-
withholding
-
1 355
-
-
total
-
1 355
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 787
2 986
3 878
923
After tax
-16 287
2 514
1 622
4 577
Living cost
77 334
77 334
77 334
77 334
Free-cash
-93 621
-74 820
-75 712
-72 757

Estimated living cost  is ₽77334 per week

₽50289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽44391
-₽40432
-₽51458
-₽44391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 475
Employee

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

56 957
-
5 500
-
health

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

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

6 475
-
6 475
-
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.

369
-
-
-
income

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

6 698
-
-
-
total
13 542
-
6 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
942
-
-
chamber of commerce
-
151
-
-
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
-
-
income
-
826
-
-
total
-
1 964
-
-
Dividends
-
3 536
-
-
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.

-
29
-
-
withholding
-
523
-
-
total
-
552
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 542
2 516
6 475
6 475
After tax
-8 042
2 984
-975
-975
Living cost
43 416
43 416
43 416
43 416
Free-cash
-51 458
-40 432
-44 391
-44 391

Estimated living cost  is ₽43416 per week

₽31710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30973
-₽29654
-₽47728
-₽28823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
252
other
-
-
-
171
pensions
-
-
-
3 469
social contributions
-
-
-
156
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
4 048
Employee
40 562
-
4 194
-
pensions
4 586
-
473
-
surtax
-
-
-
-
social contributions
1 156
-
119
-
income
2 394
-
-
-
total
8 136
-
592
-
Employer
40 562
-
4 194
-
health
2 840
-
293
-
pensions
6 664
-
687
-
other
1 399
-
144
-
social contributions
122
-
13
-
unemployment
1 642
-
169
-
total
12 667
-
1 306
-
Corporate
-
5 500
-
-
surtax
-
-
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 803
2 729
1 898
4 048
After tax
-15 303
2 771
3 602
1 452
Living cost
32 425
32 425
32 425
32 425
Free-cash
-47 728
-29 654
-28 823
-30 973

Estimated living cost  is ₽32425 per week

₽20446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27761
-₽26442
-₽42014
-₽25611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
252
other
-
-
-
171
pensions
-
-
-
3 469
social contributions
-
-
-
156
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
4 048
Employee
36 207
-
4 194
-
pensions
4 095
-
473
-
surtax
-
-
-
-
social contributions
1 032
-
119
-
income
1 867
-
-
-
total
6 994
-
592
-
Employer
36 207
-
4 194
-
health
2 534
-
293
-
pensions
5 949
-
687
-
other
1 250
-
144
-
social contributions
108
-
13
-
unemployment
1 466
-
169
-
total
11 307
-
1 306
-
Corporate
-
5 500
-
-
surtax
-
-
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 301
2 729
1 898
4 048
After tax
-12 801
2 771
3 602
1 452
Living cost
29 213
29 213
29 213
29 213
Free-cash
-42 014
-26 442
-25 611
-27 761

Estimated living cost  is ₽29213 per week

₽16942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17912
-₽18145
-₽29124
-₽17086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
836
social contributions
-
-
-
1 653
income
-
-
-
826
total
-
-
-
3 315
Employee
32 134
-
5 500
-
health
2 243
-
836
-
social contributions
4 435
-
1 653
-
income
5 360
-
-
-
total
12 038
-
2 489
-
Employer
32 134
-
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
1 653
1 653
-
-
health
836
836
-
-
withholding
-
784
-
-
total
2 489
3 273
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 527
3 548
2 489
3 315
After tax
-9 027
1 952
3 011
2 185
Living cost
20 097
20 097
20 097
20 097
Free-cash
-29 124
-18 145
-17 086
-17 912

Estimated living cost  is ₽20097 per week

₽13449
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36388
-₽49477
-₽56581
-₽39806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
723
pensions
-
-
-
1 748
unemployment
-
-
-
5 813
income
-
-
-
-
chamber of commerce
-
-
-
22
surtax
-
-
-
187
total
-
-
-
8 493
Employee
47 364
37 769
37 769
-
health
1 833
1 462
365
-
pensions
4 851
3 867
968
-
unemployment
1 421
1 133
284
-
income
5 392
2 786
4 437
-
other
473
378
95
-
total
13 970
9 626
6 149
-
Employer
47 364
37 769
37 769
-
payroll
1 421
1 133
1 133
-
health
1 790
1 428
358
-
surtax
187
187
187
-
accident
615
491
9
-
pensions
5 944
4 741
1 187
-
chamber of commerce
189
151
151
-
other
2 250
1 793
1 554
-
unemployment
1 421
1 133
284
-
total
13 817
11 057
4 863
-
Corporate
3 597
3 597
3 597
-
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.

899
899
899
-
total
899
899
899
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 686
21 582
11 911
8 493
After tax
-23 186
-16 082
-6 411
-2 993
Living cost
33 395
33 395
33 395
33 395
Free-cash
-56 581
-49 477
-39 806
-36 388

Estimated living cost  is ₽33395 per week

₽22273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34209
-₽31147
-₽82026
-₽32003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 996
national
-
-
-
126
communal

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

-
-
-
31
total
-
-
-
5 153
Employee

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

67 792
-
4 259
-
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.

3 185
-
200
-
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.

5 084
-
320
-
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.

590
-
38
-
national
20 842
-
926
-
communal

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

3 536
-
221
-
total
33 237
-
1 705
-
Employer

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

67 792
-
4 259
-
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.

4 169
-
263
-
surtax
7 687
-
482
-
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.

881
-
56
-
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.

6 007
-
378
-
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.

989
-
63
-
total
19 733
-
1 242
-
Corporate
-
5 500
-
-
surtax
-
22
-
-
income
-
1 101
-
-
total
-
1 123
-
-
Dividends
-
4 378
-
-
withholding

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

-
968
-
-
total
-
968
-
-
Income
5 500
5 500
5 500
5 500
Total tax
52 970
2 091
2 947
5 153
After tax
-47 470
3 409
2 553
347
Living cost
34 556
34 556
34 556
34 556
Free-cash
-82 026
-31 147
-32 003
-34 209

Estimated living cost  is ₽34556 per week

₽22258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34840
-₽30441
-₽56715
-₽40827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
other
-
-
-
20
pensions
-
-
-
5 768
unemployment
-
-
-
142
income
-
-
-
-
total
-
-
-
6 113
Employee
47 176
-
-
-
pensions
2 218
-
1 487
-
unemployment
732
-
491
-
other
47
-
32
-
income
9 954
-
-
-
total
12 951
-
2 010
-
Employer
47 176
-
-
-
accident
933
-
626
-
pensions
11 133
-
7 469
-
other
376
-
254
-
unemployment
2 595
-
1 741
-
total
15 037
-
10 090
-
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.

-
826
-
-
total
-
826
-
-
Dividends
-
4 674
-
-
withholding
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 988
1 714
12 100
6 113
After tax
-22 488
3 786
-6 600
-613
Living cost
34 227
34 227
34 227
34 227
Free-cash
-56 715
-30 441
-40 827
-34 840

Estimated living cost  is ₽34227 per week

₽25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽57007
-₽47742
-₽74846
-₽57009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 381
accident
-
-
-
406
pensions
-
-
-
7 216
communal
-
-
-
-
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
11 003
Employee
71 772
-
110
-
health
3 194
-
2 007
-
pensions
5 741
-
3 608
-
surtax
4 399
-
-
-
income
6 932
-
-
-
total
20 266
-
5 615
-
Employer
71 772
-
110
-
health
2 189
-
1 376
-
accident
646
-
406
-
pensions
5 741
-
3 608
-
total
8 576
-
5 390
-
Corporate
-
5 500
-
-
communal
-
-
-
-
surtax
-
58
-
-
income
-
826
-
-
total
-
884
-
-
Dividends
-
4 617
-
-
income
-
162
-
-
withholding
-
692
-
-
total
-
854
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 842
1 738
11 005
11 003
After tax
-23 342
3 762
-5 505
-5 503
Living cost
51 504
51 504
51 504
51 504
Free-cash
-74 846
-47 742
-57 009
-57 007

Estimated living cost  is ₽51504 per week

₽38636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19803
-₽17827
-₽33135
-₽20652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
899
other
-
-
-
-
pensions
-
-
-
2 531
unemployment
-
-
-
216
income
-
-
-
370
surtax
-
-
-
-
total
-
-
-
4 016
Employee
31 917
-
2 838
-
health
815
-
322
-
pensions
2 129
-
844
-
unemployment
2 221
-
879
-
surtax
113
-
-
-
income
5 351
-
158
-
other
-
-
-
-
total
10 629
-
2 203
-
Employer
31 917
-
2 838
-
health
1 451
-
576
-
pensions
4 255
-
1 685
-
other
-
-
-
-
unemployment
1 013
-
401
-
total
6 719
-
2 662
-
Corporate
-
5 500
-
-
income
-
1 430
-
-
total
-
1 430
-
-
Dividends
-
4 070
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 348
2 040
4 865
4 016
After tax
-11 848
3 460
635
1 484
Living cost
21 287
21 287
21 287
21 287
Free-cash
-33 135
-17 827
-20 652
-19 803

Estimated living cost  is ₽21287 per week

₽12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27375
-₽22639
-₽47074
-₽29659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 345
national
-
-
-
-
total
-
-
-
7 345
Employee
52 573
-
5 500
-
regional
708
-
-
-
national
8 329
-
-
-
social contributions
17 728
-
9 629
-
municipal
279
-
-
-
total
27 044
-
9 629
-
Employer
52 573
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
273
-
-
total
-
1 593
-
-
Dividends
-
3 907
-
-
withholding
-
1 016
-
-
total
-
1 016
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 044
2 609
9 629
7 345
After tax
-21 544
2 891
-4 129
-1 845
Living cost
25 530
25 530
25 530
25 530
Free-cash
-47 074
-22 639
-29 659
-27 375

Estimated living cost  is ₽25530 per week

₽15877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26193
-₽25084
-₽51393
-₽26080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
743
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
income
-
-
-
473
total
-
-
-
2 822
Employee
42 458
-
4 104
-
health
5 732
-
554
-
solidarity contribution
-
-
-
-
social contributions
2 760
-
267
-
income
5 095
-
493
-
total
13 587
-
1 314
-
Employer
42 458
-
4 104
-
health
3 821
-
369
-
social contributions
10 614
-
1 026
-
total
14 435
-
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
28 022
1 713
2 709
2 822
After tax
-22 522
3 787
2 791
2 678
Living cost
28 871
28 871
28 871
28 871
Free-cash
-51 393
-25 084
-26 080
-26 193

Estimated living cost  is ₽28871 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33042
-₽46131
-₽48752
-₽36462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
723
pensions
-
-
-
1 748
unemployment
-
-
-
5 813
income
-
-
-
-
chamber of commerce
-
-
-
22
surtax
-
-
-
-
total
-
-
-
8 306
Employee
41 428
37 769
37 769
-
health
1 602
1 462
365
-
pensions
4 243
3 867
968
-
unemployment
1 243
1 133
284
-
income
3 691
2 786
4 437
-
other
414
378
95
-
total
11 193
9 626
6 149
-
Employer
41 428
37 769
37 769
-
payroll
1 243
1 133
1 133
-
health
1 567
1 428
358
-
surtax
-
-
-
-
accident
538
491
11
-
pensions
5 200
4 741
1 187
-
chamber of commerce
165
151
151
-
other
1 968
1 793
1 554
-
unemployment
1 243
1 133
284
-
total
11 924
10 870
4 678
-
Corporate
3 597
3 597
3 597
-
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.

899
899
899
-
total
899
899
899
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 016
21 395
11 726
8 306
After tax
-18 516
-15 895
-6 226
-2 806
Living cost
30 236
30 236
30 236
30 236
Free-cash
-48 752
-46 131
-36 462
-33 042

Estimated living cost  is ₽30236 per week

₽18138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
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.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6708
-₽6928
-₽9692
-₽7753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 192
-
5 500
-
income
3 039
-
1 100
-
total
3 039
-
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
3 039
275
1 100
55
After tax
2 461
5 225
4 400
5 445
Living cost
12 153
12 153
12 153
12 153
Free-cash
-9 692
-6 928
-7 753
-6 708

Estimated living cost  is ₽12153 per week

₽8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
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.
₽3011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22106
-₽21635
-₽42935
-₽22310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
541
pensions
-
-
-
1 004
unemployment
-
-
-
9
income
-
-
-
631
total
-
-
-
2 185
Employee

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

41 909
-
4 757
-
health
2 707
-
308
-
pensions
6 496
-
737
-
unemployment
59
-
7
-
income
7 227
-
594
-
total
16 489
-
1 646
-
Employer

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

41 909
-
4 757
-
health
2 791
-
318
-
pensions
3 709
-
421
-
unemployment
25
-
4
-
total
6 525
-
743
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
669
-
-
total
-
669
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 014
1 714
2 389
2 185
After tax
-17 514
3 786
3 111
3 315
Living cost
25 421
25 421
25 421
25 421
Free-cash
-42 935
-21 635
-22 310
-22 106

Estimated living cost  is ₽25421 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39708
-₽39866
-₽143824
-₽50887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 007
income
-
-
-
989
total
-
-
-
1 996
Employee
61 960
-
-
-
social contributions
5 081
-
724
-
income
13 667
-
-
-
total
18 748
-
724
-
Employer
61 960
-
-
-
social contributions
87 364
-
12 451
-
total
87 364
-
12 451
-
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
106 112
2 154
13 175
1 996
After tax
-100 612
3 346
-7 675
3 504
Living cost
43 212
43 212
43 212
43 212
Free-cash
-143 824
-39 866
-50 887
-39 708

Estimated living cost  is ₽43212 per week

₽28038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
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.
₽10560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26460
-₽26601
-₽48442
-₽26347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
1 912
income
-
-
-
320
surtax
-
-
-
-
total
-
-
-
2 232
Employee
43 589
-
4 444
-
surtax
-
-
-
-
social contributions
4 795
-
489
-
income
9 067
-
574
-
total
13 862
-
1 063
-
Employer
43 589
-
4 444
-
social contributions
10 352
-
1 056
-
total
10 352
-
1 056
-
Corporate
-
5 500
-
-
surtax
-
-
-
-
income
-
1 155
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
1 218
-
-
total
-
1 218
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 214
2 373
2 119
2 232
After tax
-18 714
3 127
3 381
3 268
Living cost
29 728
29 728
29 728
29 728
Free-cash
-48 442
-26 601
-26 347
-26 460

Estimated living cost  is ₽29728 per week

₽22242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
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.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44323
-₽43004
-₽72399
-₽42173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
252
other
-
-
-
171
pensions
-
-
-
3 469
social contributions
-
-
-
156
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
4 048
Employee
59 359
-
4 194
-
pensions
6 714
-
473
-
surtax
-
-
-
-
social contributions
1 691
-
119
-
income
5 179
-
-
-
total
13 584
-
592
-
Employer
59 359
-
4 194
-
health
4 155
-
293
-
pensions
9 753
-
687
-
other
2 049
-
144
-
social contributions
178
-
13
-
unemployment
2 405
-
169
-
total
18 540
-
1 306
-
Corporate
-
5 500
-
-
surtax
-
-
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
32 124
2 729
1 898
4 048
After tax
-26 624
2 771
3 602
1 452
Living cost
45 775
45 775
45 775
45 775
Free-cash
-72 399
-43 004
-42 173
-44 323

Estimated living cost  is ₽45775 per week

₽30979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24199
-₽23539
-₽29692
-₽24035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 210
total
-
-
-
1 210
Employee
30 469
-
4 763
-
social contributions
1 980
-
309
-
income
-
-
-
-
total
1 980
-
309
-
Employer
30 469
-
4 763
-
social contributions
4 723
-
737
-
total
4 723
-
737
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 703
550
1 046
1 210
After tax
-1 203
4 950
4 454
4 290
Living cost
28 489
28 489
28 489
28 489
Free-cash
-29 692
-23 539
-24 035
-24 199

Estimated living cost  is ₽28489 per week

₽18420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41271
-₽200691
-₽200691
-₽200691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
labour market
-
-
-
374
national
-
-
-
-
pensions
-
-
-
820
total
-
-
-
1 194
Employee
192 370
192 370
192 370
-
pensions
273
273
273
-
labour market
15 368
15 368
15 368
-
national
23 501
23 501
23 501
-
municipal
40 964
40 964
40 964
-
total
80 106
80 106
80 106
-
Employer
192 370
192 370
192 370
-
municipal
41 029
41 029
41 029
-
labour market
15 390
15 390
15 390
-
national
23 542
23 542
23 542
-
pensions
547
547
547
-
total
80 508
80 508
80 508
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
160 614
160 614
160 614
1 194
After tax
-155 114
-155 114
-155 114
4 306
Living cost
45 577
45 577
45 577
45 577
Free-cash
-200 691
-200 691
-200 691
-41 271

Estimated living cost  is ₽45577 per week

₽31193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21868
-₽20267
-₽33723
-₽17809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
-
total
-
-
-
6 655
Employee
32 583
-
4 569
-
health
3 731
-
523
-
pensions
3 669
-
515
-
income
4 470
-
627
-
total
11 870
-
1 665
-
Employer
32 583
-
4 569
-
accident
544
-
76
-
pensions
5 298
-
743
-
unemployment
798
-
112
-
total
6 640
-
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
-
104
-
-
total
-
104
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 510
5 054
2 596
6 655
After tax
-13 010
446
2 904
-1 155
Living cost
20 713
20 713
20 713
20 713
Free-cash
-33 723
-20 267
-17 809
-21 868

Estimated living cost  is ₽20713 per week

₽15077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31875
-₽32581
-₽53770
-₽32907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
989
national
-
-
-
-
total
-
-
-
989
Employee
49 863
-
4 626
-
health
372
-
-
-
pensions
3 365
-
313
-
unemployment
748
-
70
-
national
824
-
-
-
municipal
8 167
-
764
-
total
13 476
-
1 147
-
Employer
49 863
-
4 626
-
health
383
-
36
-
accident
50
-
5
-
pensions
8 651
-
802
-
unemployment
324
-
31
-
total
9 408
-
874
-
Corporate
-
5 500
-
-
income
-
1 101
-
-
total
-
1 101
-
-
Dividends

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

-
3 299
-
-
national
-
-
-
-
municipal
-
594
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
22 884
1 695
2 021
989
After tax
-17 384
3 805
3 479
4 511
Living cost
36 386
36 386
36 386
36 386
Free-cash
-53 770
-32 581
-32 907
-31 875

Estimated living cost  is ₽36386 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
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.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22982
-₽37873
-₽31066
-₽29589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 029
health
-
-
-
919
social contributions
-
-
-
5 620
income
-
-
-
-
total
-
-
-
6 539
Employee
72 877
72 877
72 877
-
health
565
1 239
417
-
social contributions
2 755
6 048
2 040
-
income
7 935
6 746
8 194
-
total
11 255
14 033
10 651
-
Employer
72 877
72 877
72 877
-
health
613
1 349
455
-
social contributions
2 755
6 048
2 040
-
total
3 368
7 397
2 495
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 623
21 430
13 146
6 539
After tax
-9 123
-15 930
-7 646
-1 039
Living cost
21 943
21 943
21 943
21 943
Free-cash
-31 066
-37 873
-29 589
-22 982

Estimated living cost  is ₽21943 per week

₽13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19033
-₽10492
-₽18493
-₽15211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 430
pensions
-
-
-
6 029
unemployment
-
-
-
27
income
-
-
-
-
total
-
-
-
9 486
Employee

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

21 754
-
3 799
-
health
1 849
-
1 403
-
pensions
3 263
-
2 477
-
unemployment
108
-
83
-
income
1 487
-
-
-
total
6 707
-
3 963
-
Employer

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

21 754
-
3 799
-
health
935
-
710
-
pensions
1 196
-
908
-
unemployment
108
-
83
-
total
2 239
-
1 701
-
Corporate
-
5 500
-
-
income
-
495
-
-
total
-
495
-
-
Dividends
-
5 005
-
-
withholding
-
450
-
-
total
-
450
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 946
945
5 664
9 486
After tax
-3 446
4 555
-164
-3 986
Living cost
15 047
15 047
15 047
15 047
Free-cash
-18 493
-10 492
-15 211
-19 033

Estimated living cost  is ₽15047 per week

₽9600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26675
-₽22276
-₽40715
-₽32662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
other
-
-
-
20
pensions
-
-
-
5 768
unemployment
-
-
-
142
income
-
-
-
-
total
-
-
-
6 113
Employee
35 044
-
-
-
pensions
1 647
-
1 487
-
unemployment
543
-
491
-
other
34
-
32
-
income
6 756
-
-
-
total
8 980
-
2 010
-
Employer
35 044
-
-
-
accident
694
-
626
-
pensions
8 270
-
7 469
-
other
281
-
254
-
unemployment
1 928
-
1 741
-
total
11 173
-
10 090
-
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.

-
826
-
-
total
-
826
-
-
Dividends
-
4 674
-
-
withholding
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 153
1 714
12 100
6 113
After tax
-14 653
3 786
-6 600
-613
Living cost
26 062
26 062
26 062
26 062
Free-cash
-40 715
-22 276
-32 662
-26 675

Estimated living cost  is ₽26062 per week

₽17591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽953
₽1658
₽1366
₽1109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
798
pensions
-
-
-
1 100
income
-
-
-
875
total
-
-
-
2 773
Employee
2 702
-
4 490
-
health
135
-
224
-
pensions
243
-
404
-
unemployment
27
-
45
-
income
523
-
933
-
total
928
-
1 606
-
Employer
2 702
-
4 490
-
health
257
-
427
-
pensions
297
-
494
-
unemployment
54
-
90
-
total
608
-
1 011
-
Corporate
2 190
5 500
-
-
income
482
1 210
-
-
total
482
1 210
-
-
Dividends
1 708
4 290
-
-
withholding
342
858
-
-
total
342
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 360
2 068
2 617
2 773
After tax
3 140
3 432
2 883
2 727
Living cost
1 774
1 774
1 774
1 774
Free-cash
1 366
1 658
1 109
953

Estimated living cost  is ₽1774 per week

₽1054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12998
-₽12385
-₽23583
-₽12793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
566
pensions
-
-
-
1 430
unemployment
-
-
-
82
income
-
-
-
61
total
-
-
-
2 139
Employee

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

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

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

24 668
-
4 624
-
health
1 270
-
252
-
pensions
3 454
-
685
-
unemployment
185
-
37
-
income
3 400
-
84
-
total
8 309
-
1 058
-
Employer

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

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

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

24 668
-
4 624
-
health
1 270
-
252
-
pensions
2 960
-
587
-
unemployment
185
-
37
-
total
4 415
-
876
-
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
12 724
1 526
1 934
2 139
After tax
-7 224
3 974
3 566
3 361
Living cost
16 359
16 359
16 359
16 359
Free-cash
-23 583
-12 385
-12 793
-12 998

Estimated living cost  is ₽16359 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22282
-₽22423
-₽40019
-₽22169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
1 912
income
-
-
-
320
surtax
-
-
-
-
total
-
-
-
2 232
Employee
36 784
-
4 444
-
surtax
-
-
-
-
social contributions
4 047
-
489
-
income
7 187
-
574
-
total
11 234
-
1 063
-
Employer
36 784
-
4 444
-
social contributions
8 735
-
1 056
-
total
8 735
-
1 056
-
Corporate
-
5 500
-
-
surtax
-
-
-
-
income
-
1 155
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
1 218
-
-
total
-
1 218
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 969
2 373
2 119
2 232
After tax
-14 469
3 127
3 381
3 268
Living cost
25 550
25 550
25 550
25 550
Free-cash
-40 019
-22 423
-22 169
-22 282

Estimated living cost  is ₽25550 per week

₽18097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33921
-₽29522
-₽54866
-₽39908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
other
-
-
-
20
pensions
-
-
-
5 768
unemployment
-
-
-
142
income
-
-
-
-
total
-
-
-
6 113
Employee
45 772
-
-
-
pensions
2 151
-
1 487
-
unemployment
709
-
491
-
other
45
-
32
-
income
9 560
-
-
-
total
12 465
-
2 010
-
Employer
45 772
-
-
-
accident
906
-
626
-
pensions
10 802
-
7 469
-
other
367
-
254
-
unemployment
2 518
-
1 741
-
total
14 593
-
10 090
-
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.

-
826
-
-
total
-
826
-
-
Dividends
-
4 674
-
-
withholding
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 058
1 714
12 100
6 113
After tax
-21 558
3 786
-6 600
-613
Living cost
33 308
33 308
33 308
33 308
Free-cash
-54 866
-29 522
-39 908
-33 921

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13201
-₽11529
-₽20211
-₽13260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
708
pensions

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

-
-
-
911
unemployment
-
-
-
25
income
-
-
-
825
total
-
-
-
2 469
Employee
21 494
-
4 292
-
health
989
-
283
-
accident

We are using the highest rate at 1.1%.

236
-
68
-
pensions

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

1 887
-
540
-
income
2 150
-
429
-
total
5 262
-
1 320
-
Employer
21 494
-
4 292
-
health
1 483
-
425
-
accident

We are using the highest rate at 1.1%.

236
-
68
-
pensions

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

2 369
-
678
-
unemployment
129
-
37
-
total
4 217
-
1 208
-
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
9 479
797
2 528
2 469
After tax
-3 979
4 703
2 972
3 031
Living cost
16 232
16 232
16 232
16 232
Free-cash
-20 211
-11 529
-13 260
-13 201

Estimated living cost  is ₽16232 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37565
-₽33496
-₽41657
-₽37565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
-
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.

-
-
-
-
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.

-
-
-
-
total
-
-
-
6 475
Employee

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

47 156
-
5 500
-
health

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

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

6 475
-
6 475
-
surtax

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

214
-
-
-
income

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

3 878
-
-
-
total
10 567
-
6 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
790
-
-
chamber of commerce
-
151
-
-
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
-
-
income
-
826
-
-
total
-
1 812
-
-
Dividends
-
3 689
-
-
surtax

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

-
31
-
-
withholding
-
563
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 567
2 406
6 475
6 475
After tax
-5 067
3 094
-975
-975
Living cost
36 590
36 590
36 590
36 590
Free-cash
-41 657
-33 496
-37 565
-37 565

Estimated living cost  is ₽36590 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48487
-₽50136
-₽68635
-₽48487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
74 134
-
5 500
-
social contributions
6 159
-
-
-
income
13 989
-
-
-
total
20 148
-
-
-
Employer
74 134
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
687
-
-
total
-
687
-
-
Dividends
-
4 813
-
-
withholding
-
962
-
-
total
-
962
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 148
1 649
-
-
After tax
-14 648
3 851
5 500
5 500
Living cost
53 987
53 987
53 987
53 987
Free-cash
-68 635
-50 136
-48 487
-48 487

Estimated living cost  is ₽53987 per week

₽41073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61768
-₽33656
-₽45162
-₽32197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 978
health

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

-
-
-
5 887
total
-
-
-
32 865
Employee
43 477
-
3 853
-
social contributions
4 356
-
1 647
-
income
4 718
-
-
-
total
9 074
-
1 647
-
Employer
43 477
-
3 853
-
social contributions
4 356
-
1 647
-
total
4 356
-
1 647
-
Corporate
-
5 500
-
-
income
-
1 924
-
-
total
-
1 924
-
-
Dividends
-
3 576
-
-
social contributions
2 829
2 829
-
-
total
2 829
2 829
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 259
4 753
3 294
32 865
After tax
-10 759
747
2 206
-27 365
Living cost
34 403
34 403
34 403
34 403
Free-cash
-45 162
-33 656
-32 197
-61 768

Estimated living cost  is ₽34403 per week

₽22661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30719
-₽30998
-₽48493
-₽30801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 099
total
-
-
-
1 099
Employee
48 207
-
5 398
-
health
629
-
-
-
pensions
3 679
-
-
-
income
8 779
-
1 079
-
total
13 087
-
1 079
-
Employer
48 207
-
5 398
-
health
916
-
102
-
pensions
4 870
-
-
-
total
5 786
-
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
-
333
-
-
total
-
333
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 873
1 378
1 181
1 099
After tax
-13 373
4 122
4 319
4 401
Living cost
35 120
35 120
35 120
35 120
Free-cash
-48 493
-30 998
-30 801
-30 719

Estimated living cost  is ₽35120 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23919
-₽22318
-₽37606
-₽19860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
-
total
-
-
-
6 655
Employee
35 808
-
4 569
-
health
4 100
-
523
-
pensions
4 032
-
515
-
income
4 913
-
627
-
total
13 045
-
1 665
-
Employer
35 808
-
4 569
-
accident
598
-
76
-
pensions
5 822
-
743
-
unemployment
877
-
112
-
total
7 297
-
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
-
104
-
-
total
-
104
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 342
5 054
2 596
6 655
After tax
-14 842
446
2 904
-1 155
Living cost
22 764
22 764
22 764
22 764
Free-cash
-37 606
-22 318
-19 860
-23 919

Estimated living cost  is ₽22764 per week

₽16706
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.
₽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.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9574
-₽8113
-₽14961
-₽9574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
467
work injury
-
-
-
32
pensions
-
-
-
1 161
unemployment
-
-
-
76
income
-
-
-
550
total
-
-
-
2 286
Employee

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

20 461
-
5 500
-
pensions
3 765
-
1 161
-
work injury
102
-
32
-
unemployment
246
-
76
-
health insurance
1 514
-
467
-
income
2 046
-
550
-
total
7 673
-
2 286
-
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
7 673
825
2 286
2 286
After tax
-2 173
4 675
3 214
3 214
Living cost
12 788
12 788
12 788
12 788
Free-cash
-14 961
-8 113
-9 574
-9 574

Estimated living cost  is ₽12788 per week

₽7922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39601
-₽34858
-₽74364
-₽41885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 345
national
-
-
-
-
total
-
-
-
7 345
Employee
79 863
-
5 500
-
regional
1 206
-
-
-
national
13 496
-
-
-
social contributions
26 929
-
9 629
-
municipal
477
-
-
-
total
42 108
-
9 629
-
Employer
79 863
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
264
-
-
total
-
1 584
-
-
Dividends
-
3 916
-
-
withholding
-
1 018
-
-
total
-
1 018
-
-
Income
5 500
5 500
5 500
5 500
Total tax
42 108
2 602
9 629
7 345
After tax
-36 608
2 898
-4 129
-1 845
Living cost
37 756
37 756
37 756
37 756
Free-cash
-74 364
-34 858
-41 885
-39 601

Estimated living cost  is ₽37756 per week

₽26521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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