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
-₽25970
-₽30057
-₽30057
-₽31136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
6 544
Employee

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

36 637
-
5 500
-
surtax

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

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.

1 023
-
-
-
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.

6 544
-
6 544
-
total
7 623
-
6 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
153
-
-
trade
-
867
-
-
total
-
1 890
-
-
Dividends
-
3 610
-
-
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
-
538
-
-
total
-
567
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 623
2 457
6 544
6 544
After tax
-2 123
3 043
-1 044
-1 044
Living cost
29 013
29 013
29 013
29 013
Free-cash
-31 136
-25 970
-30 057
-30 057

Estimated living cost  is ₽29013 per week

₽18250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47756
-₽46309
-₽46407
-₽81052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
59
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
660
total
-
-
-
719
Employee
79 351
-
4 755
-
municipal
9 801
-
-
-
pensions
3 174
-
190
-
national
15 188
-
-
-
total
28 163
-
190
-
Employer
79 351
-
4 755
-
pensions
6 348
-
380
-
social contributions
853
-
51
-
total
7 201
-
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
35 364
2 068
621
719
After tax
-29 864
3 432
4 879
4 781
Living cost
51 188
51 188
51 188
51 188
Free-cash
-81 052
-47 756
-46 309
-46 407

Estimated living cost  is ₽51188 per week

₽34792
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15528
-₽18161
-₽18269
-₽29231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
3 016
microenterprise
-
-
-
825
total
-
-
-
3 841
Employee
27 990
-
3 241
-
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.

3 079
-
1 032
-
income
4 982
-
442
-
total
8 061
-
1 474
-
Employer
27 990
-
3 241
-
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.

6 742
-
2 259
-
surtax
-
-
-
-
total
6 742
-
2 259
-
Corporate
-
5 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

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

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

-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 803
1 100
3 733
3 841
After tax
-9 303
4 400
1 767
1 659
Living cost
19 928
19 928
19 928
19 928
Free-cash
-29 231
-15 528
-18 161
-18 269

Estimated living cost  is ₽19928 per week

₽12713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
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.
₽4864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84242
-₽89619
-₽36955
-₽89619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
494
health
-
-
-
843
pensions
-
-
-
991
total
-
-
-
2 328
Employee
81 798
81 798
81 798
-
pensions
14 724
11 223
14 724
-
income

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

13 389
13 389
13 389
-
health
12 555
10 679
12 555
-
total
40 668
35 291
40 668
-
Employer
81 798
81 798
81 798
-
health
5 686
5 686
5 686
-
pensions
5 693
5 693
5 693
-
unemployment
2 945
2 945
2 945
-
total
14 324
14 324
14 324
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
54 992
49 615
54 992
2 328
After tax
-49 492
-44 115
-49 492
3 172
Living cost
40 127
40 127
40 127
40 127
Free-cash
-89 619
-84 242
-89 619
-36 955

Estimated living cost  is ₽40127 per week

₽28437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36082
-₽36146
-₽36343
-₽67689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
11
other
-
-
-
639
unemployment
-
-
-
5
health
-
-
-
343
municipal
-
-
-
1 165
national
-
-
-
-
pensions
-
-
-
595
total
-
-
-
2 758
Employee
55 692
-
4 185
-
municipal
16 607
-
1 248
-
national
-
-
-
-
total
16 607
-
1 248
-
Employer
55 692
-
4 185
-
health
3 425
-
257
-
pensions
6 020
-
452
-
accident
111
-
8
-
unemployment
1 470
-
110
-
other
6 471
-
486
-
total
17 497
-
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
34 104
2 497
2 561
2 758
After tax
-28 604
3 003
2 939
2 742
Living cost
39 085
39 085
39 085
39 085
Free-cash
-67 689
-36 082
-36 146
-36 343

Estimated living cost  is ₽39085 per week

₽25904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34615
-₽38673
-₽38673
-₽43076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
6 544
Employee

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

48 576
-
5 500
-
surtax

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

229
-
-
-
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.

4 174
-
-
-
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.

6 544
-
6 544
-
total
10 947
-
6 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
153
-
-
trade
-
905
-
-
total
-
1 928
-
-
Dividends
-
3 571
-
-
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
-
529
-
-
total
-
558
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 947
2 486
6 544
6 544
After tax
-5 447
3 014
-1 044
-1 044
Living cost
37 629
37 629
37 629
37 629
Free-cash
-43 076
-34 615
-38 673
-38 673

Estimated living cost  is ₽37629 per week

₽25167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47228
-₽38855
-₽32178
-₽41992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 414
income
-
-
-
-
social contributions
-
-
-
5 680
health
-
-
-
929
total
-
-
-
6 609
Employee
73 656
73 656
73 656
-
social contributions
3 579
6 113
2 061
-
income
7 734
6 818
8 282
-
health
733
1 252
422
-
total
12 046
14 183
10 765
-
Employer
73 656
73 656
73 656
-
health
798
1 363
460
-
social contributions
3 579
6 113
2 061
-
total
4 377
7 476
2 521
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 423
21 659
13 286
6 609
After tax
-10 923
-16 159
-7 786
-1 109
Living cost
31 069
31 069
31 069
31 069
Free-cash
-41 992
-47 228
-38 855
-32 178

Estimated living cost  is ₽31069 per week

₽21239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17169
-₽16345
-₽14133
-₽24846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
611
unemployment
-
-
-
116
health
-
-
-
541
pensions
-
-
-
773
total
-
-
-
2 041
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.

25 394
10 106
10 106
-
unemployment
381
152
117
-
pensions
2 539
1 011
777
-
income
3 104
1 236
1 300
-
health
1 778
707
544
-
total
7 802
3 106
2 738
-
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.

25 394
10 106
10 106
-
pensions
4 952
1 971
1 515
-
total
4 952
1 971
1 515
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
12 754
5 077
4 253
2 041
After tax
-7 254
423
1 247
3 459
Living cost
17 592
17 592
17 592
17 592
Free-cash
-24 846
-17 169
-16 345
-14 133

Estimated living cost  is ₽17592 per week

₽12005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
-₽18736
-₽21715
-₽21235
-₽30858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
1 418
pensions
-
-
-
2 181
total
-
-
-
3 599
Employee
27 173
-
1 814
-
unemployment
434
-
175
-
pensions
544
-
218
-
income
3 059
-
-
-
total
4 037
-
393
-
Employer
27 173
-
1 814
-
health
3 532
-
1 418
-
pensions
5 435
-
2 181
-
unemployment
218
-
87
-
total
9 185
-
3 686
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 222
1 100
4 079
3 599
After tax
-7 722
4 400
1 421
1 901
Living cost
23 136
23 136
23 136
23 136
Free-cash
-30 858
-18 736
-21 715
-21 235

Estimated living cost  is ₽23136 per week

₽15869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1378
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20929
-₽18470
-₽22642
-₽34977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
6 767
Employee
33 625
-
4 569
-
pensions
3 786
-
514
-
income
4 613
-
627
-
health
3 850
-
523
-
total
12 249
-
1 664
-
Employer
33 625
-
4 569
-
pensions
5 468
-
743
-
accident
561
-
76
-
unemployment
824
-
112
-
total
6 853
-
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
19 102
5 054
2 595
6 767
After tax
-13 602
446
2 905
-1 267
Living cost
21 375
21 375
21 375
21 375
Free-cash
-34 977
-20 929
-18 470
-22 642

Estimated living cost  is ₽21375 per week

₽15666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2620
-₽3445
-₽2400
-₽4306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 805
-
5 500
-
income
1 961
-
1 100
-
total
1 961
-
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
1 961
275
1 100
55
After tax
3 539
5 225
4 400
5 445
Living cost
7 845
7 845
7 845
7 845
Free-cash
-4 306
-2 620
-3 445
-2 400

Estimated living cost  is ₽7845 per week

₽4861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21481
-₽22473
-₽23860
-₽38044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
389
other
-
-
-
494
health
-
-
-
458
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.

-
-
-
2 496
total
-
-
-
3 837
Employee
34 779
-
4 155
-
unemployment
347
-
42
-
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.

2 434
-
291
-
income
5 988
-
714
-
health
487
-
58
-
total
9 256
-
1 105
-
Employer
34 779
-
4 155
-
health
487
-
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.

5 913
-
707
-
accident
278
-
33
-
unemployment
347
-
42
-
other
1 740
-
505
-
total
8 765
-
1 345
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 021
1 458
2 450
3 837
After tax
-12 521
4 042
3 050
1 663
Living cost
25 523
25 523
25 523
25 523
Free-cash
-38 044
-21 481
-22 473
-23 860

Estimated living cost  is ₽25523 per week

₽18034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59445
-₽59248
-₽59166
-₽96762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 101
pensions
-
-
-
-
total
-
-
-
1 101
Employee
89 935
-
5 397
-
pensions
8 676
-
-
-
income
16 212
-
1 080
-
health
1 482
-
-
-
total
26 370
-
1 080
-
Employer
89 935
-
5 397
-
health
1 708
-
103
-
pensions
10 619
-
-
-
total
12 327
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
38 697
1 380
1 183
1 101
After tax
-33 197
4 120
4 317
4 399
Living cost
63 565
63 565
63 565
63 565
Free-cash
-96 762
-59 445
-59 248
-59 166

Estimated living cost  is ₽63565 per week

₽47631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7863
-₽9625
-₽9560
-₽14404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
unemployment
-
-
-
25
health
-
-
-
719
pensions

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

-
-
-
925
total
-
-
-
2 494
Employee
16 639
-
4 273
-
accident

We are using the highest rate at 1.1%.

183
-
69
-
pensions

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

1 461
-
549
-
income
1 664
-
428
-
health
765
-
287
-
total
4 073
-
1 333
-
Employer
16 639
-
4 273
-
health
1 148
-
431
-
pensions

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

1 834
-
689
-
accident

We are using the highest rate at 1.1%.

183
-
69
-
unemployment
100
-
37
-
total
3 265
-
1 226
-
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
7 338
797
2 559
2 494
After tax
-1 838
4 703
2 941
3 006
Living cost
12 566
12 566
12 566
12 566
Free-cash
-14 404
-7 863
-9 625
-9 560

Estimated living cost  is ₽12566 per week

₽7336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽97230
-₽102607
-₽49943
-₽98854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
494
health
-
-
-
843
pensions
-
-
-
991
total
-
-
-
2 328
Employee
88 807
81 798
81 798
-
pensions
11 223
11 223
14 724
-
income

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

13 389
13 389
13 389
-
health
11 079
10 679
12 555
-
total
35 691
35 291
40 668
-
Employer
88 807
81 798
81 798
-
health
6 171
5 686
5 686
-
pensions
6 180
5 693
5 693
-
unemployment
3 197
2 945
2 945
-
total
15 548
14 324
14 324
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
51 239
49 615
54 992
2 328
After tax
-45 739
-44 115
-49 492
3 172
Living cost
53 115
53 115
53 115
53 115
Free-cash
-98 854
-97 230
-102 607
-49 943

Estimated living cost  is ₽53115 per week

₽39181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20036
-₽21032
-₽21145
-₽41445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
473
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
health
-
-
-
743
total
-
-
-
2 822
Employee
35 034
-
4 104
-
solidarity contribution
-
-
-
-
social contributions
2 277
-
267
-
income
4 204
-
493
-
health
4 730
-
554
-
total
11 211
-
1 314
-
Employer
35 034
-
4 104
-
health
3 153
-
369
-
social contributions
8 758
-
1 026
-
total
11 911
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 122
1 713
2 709
2 822
After tax
-17 622
3 787
2 791
2 678
Living cost
23 823
23 823
23 823
23 823
Free-cash
-41 445
-20 036
-21 032
-21 145

Estimated living cost  is ₽23823 per week

₽16548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
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.
₽5112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37484
-₽44651
-₽42343
-₽79630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 424
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 424
Employee
85 130
-
5 500
-
municipal
451
-
-
-
national
14 751
-
-
-
regional
803
-
-
-
social contributions
28 706
-
9 732
-
total
44 711
-
9 732
-
Employer
85 130
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
214
-
-
nationa
-
1 320
-
-
total
-
1 534
-
-
Dividends
-
3 966
-
-
withholding
-
1 031
-
-
total
-
1 031
-
-
Income
5 500
5 500
5 500
5 500
Total tax
44 711
2 565
9 732
7 424
After tax
-39 211
2 935
-4 232
-1 924
Living cost
40 419
40 419
40 419
40 419
Free-cash
-79 630
-37 484
-44 651
-42 343

Estimated living cost  is ₽40419 per week

₽28175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17679
-₽20543
-₽19686
-₽32844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
364
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
218
health
-
-
-
909
pensions
-
-
-
2 558
total
-
-
-
4 049
Employee
31 676
-
2 810
-
other
-
-
-
-
unemployment
2 205
-
889
-
pensions
2 112
-
853
-
surtax
104
-
-
-
income
5 310
-
149
-
health
809
-
325
-
total
10 540
-
2 216
-
Employer
31 676
-
2 810
-
health
1 441
-
582
-
pensions
4 223
-
1 703
-
unemployment
1 003
-
405
-
other
-
-
-
-
total
6 667
-
2 690
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
611
-
-
total
-
611
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 207
2 042
4 906
4 049
After tax
-11 707
3 458
594
1 451
Living cost
21 137
21 137
21 137
21 137
Free-cash
-32 844
-17 679
-20 543
-19 686

Estimated living cost  is ₽21137 per week

₽12924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39306
-₽39109
-₽39027
-₽62441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 101
pensions
-
-
-
-
total
-
-
-
1 101
Employee
60 272
-
5 397
-
pensions
5 116
-
-
-
income
10 855
-
1 080
-
health
875
-
-
-
total
16 846
-
1 080
-
Employer
60 272
-
5 397
-
health
1 145
-
103
-
pensions
6 524
-
-
-
total
7 669
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 515
1 380
1 183
1 101
After tax
-19 015
4 120
4 317
4 399
Living cost
43 426
43 426
43 426
43 426
Free-cash
-62 441
-39 306
-39 109
-39 027

Estimated living cost  is ₽43426 per week

₽32534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽73966
-₽74829
-₽71901
-₽92530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
other

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

-
-
-
110
regional
-
-
-
-
health
-
-
-
249
city
-
-
-
55
national
-
-
-
-
pensions
-
-
-
505
total
-
-
-
919
Employee
89 503
-
3 512
-
unemployment
-
-
-
-
pensions
7 519
-
1 870
-
national
424
-
-
-
regional
2 931
-
-
-
city
961
-
20
-
health
202
-
8
-
total
12 037
-
1 898
-
Employer
89 503
-
3 512
-
health
202
-
8
-
pensions
7 519
-
1 870
-
unemployment
-
-
-
-
other

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

1 790
-
71
-
total
9 511
-
1 949
-
Corporate
-
5 500
-
-
regional
-
1 163
-
-
national
-
468
-
-
total
-
1 631
-
-
Dividends
-
3 870
-
-
withholding
-
1 353
-
-
total
-
1 353
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 548
2 984
3 847
919
After tax
-16 048
2 516
1 653
4 581
Living cost
76 482
76 482
76 482
76 482
Free-cash
-92 530
-73 966
-74 829
-71 901

Estimated living cost  is ₽76482 per week

₽49735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40896
-₽44925
-₽44925
-₽52067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
6 544
Employee

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

57 566
-
5 500
-
surtax

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

373
-
-
-
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.

6 769
-
-
-
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.

6 544
-
6 544
-
total
13 686
-
6 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
153
-
-
trade
-
943
-
-
total
-
1 966
-
-
Dividends
-
3 533
-
-
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
-
520
-
-
total
-
549
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 686
2 515
6 544
6 544
After tax
-8 186
2 985
-1 044
-1 044
Living cost
43 881
43 881
43 881
43 881
Free-cash
-52 067
-40 896
-44 925
-44 925

Estimated living cost  is ₽43881 per week

₽32049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29999
-₽29173
-₽31356
-₽48298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
254
pensions
-
-
-
3 503
total
-
-
-
4 084
Employee
40 995
-
4 191
-
pensions
4 635
-
474
-
surtax
-
-
-
-
social contributions
1 169
-
118
-
income
2 419
-
-
-
total
8 223
-
592
-
Employer
40 995
-
4 191
-
health
2 870
-
293
-
pensions
6 735
-
689
-
unemployment
1 660
-
169
-
social contributions
124
-
13
-
other
1 414
-
145
-
total
12 803
-
1 309
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
680
-
-
withholding
-
507
-
-
total
-
1 187
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 026
2 727
1 901
4 084
After tax
-15 526
2 773
3 599
1 416
Living cost
32 772
32 772
32 772
32 772
Free-cash
-48 298
-29 999
-29 173
-31 356

Estimated living cost  is ₽32772 per week

₽20664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26752
-₽25926
-₽28109
-₽42521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
254
pensions
-
-
-
3 503
total
-
-
-
4 084
Employee
36 594
-
4 191
-
pensions
4 139
-
474
-
surtax
-
-
-
-
social contributions
1 043
-
118
-
income
1 887
-
-
-
total
7 069
-
592
-
Employer
36 594
-
4 191
-
health
2 561
-
293
-
pensions
6 013
-
689
-
unemployment
1 481
-
169
-
social contributions
109
-
13
-
other
1 263
-
145
-
total
11 427
-
1 309
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
680
-
-
withholding
-
507
-
-
total
-
1 187
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 496
2 727
1 901
4 084
After tax
-12 996
2 773
3 599
1 416
Living cost
29 525
29 525
29 525
29 525
Free-cash
-42 521
-26 752
-25 926
-28 109

Estimated living cost  is ₽29525 per week

₽17123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18384
-₽17327
-₽18152
-₽29494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
social contributions
-
-
-
1 671
health
-
-
-
845
total
-
-
-
3 341
Employee
32 478
-
5 500
-
social contributions
4 483
-
1 671
-
income
5 417
-
-
-
health
2 267
-
845
-
total
12 167
-
2 516
-
Employer
32 478
-
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%.

-
274
-
-
total
-
274
-
-
Dividends
-
5 226
-
-
social contributions
1 671
1 671
-
-
withholding
-
783
-
-
health
845
845
-
-
total
2 516
3 299
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 683
3 573
2 516
3 341
After tax
-9 183
1 927
2 984
2 159
Living cost
20 311
20 311
20 311
20 311
Free-cash
-29 494
-18 384
-17 327
-18 152

Estimated living cost  is ₽20311 per week

₽13593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50065
-₽40289
-₽36836
-₽57244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
surtax
-
-
-
189
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
22
health
-
-
-
731
pensions
-
-
-
1 767
total
-
-
-
8 584
Employee
47 870
38 173
38 173
-
other
478
382
96
-
unemployment
1 436
1 145
287
-
pensions
4 902
3 908
978
-
income
5 450
2 816
4 484
-
health
1 852
1 478
369
-
total
14 118
9 729
6 214
-
Employer
47 870
38 173
38 173
-
chamber of commerce
191
153
153
-
health
1 809
1 443
362
-
pensions
6 008
4 792
1 200
-
accident
622
496
7
-
unemployment
1 436
1 145
287
-
surtax
189
189
189
-
payroll
1 436
1 145
1 145
-
other
2 274
1 812
1 571
-
total
13 965
11 175
4 914
-
Corporate
3 635
3 635
3 635
-
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.

909
909
909
-
total
909
909
909
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 992
21 813
12 037
8 584
After tax
-23 492
-16 313
-6 537
-3 084
Living cost
33 752
33 752
33 752
33 752
Free-cash
-57 244
-50 065
-40 289
-36 836

Estimated living cost  is ₽33752 per week

₽22511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
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.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31512
-₽32369
-₽34615
-₽82963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
communal

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

-
-
-
27
social contributions
-
-
-
5 050
national
-
-
-
113
total
-
-
-
5 190
Employee

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

68 517
-
4 260
-
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.

596
-
36
-
communal

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

3 574
-
222
-
pensions

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

5 139
-
320
-
national
21 065
-
925
-
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.

3 219
-
200
-
total
33 593
-
1 703
-
Employer

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

68 517
-
4 260
-
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.

4 214
-
262
-
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.

6 071
-
378
-
accident

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

891
-
55
-
unemployment

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

1 000
-
62
-
surtax
7 769
-
484
-
total
19 945
-
1 241
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
surtax
-
22
-
-
total
-
1 122
-
-
Dividends
-
4 378
-
-
withholding

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

-
965
-
-
total
-
965
-
-
Income
5 500
5 500
5 500
5 500
Total tax
53 538
2 087
2 944
5 190
After tax
-48 038
3 413
2 556
310
Living cost
34 925
34 925
34 925
34 925
Free-cash
-82 963
-31 512
-32 369
-34 615

Estimated living cost  is ₽34925 per week

₽22496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30807
-₽41323
-₽35272
-₽57379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 830
total
-
-
-
6 179
Employee
47 681
-
-
-
other
47
-
33
-
unemployment
740
-
496
-
pensions
2 241
-
1 503
-
income
10 060
-
-
-
total
13 088
-
2 032
-
Employer
47 681
-
-
-
pensions
11 252
-
7 549
-
accident
943
-
633
-
unemployment
2 623
-
1 760
-
other
380
-
256
-
total
15 198
-
10 198
-
Corporate
-
5 500
-
-
income

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

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 286
1 714
12 230
6 179
After tax
-22 786
3 786
-6 730
-679
Living cost
34 593
34 593
34 593
34 593
Free-cash
-57 379
-30 807
-41 323
-35 272

Estimated living cost  is ₽34593 per week

₽25474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48293
-₽57678
-₽57676
-₽75705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
communal
-
-
-
-
accident
-
-
-
411
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 417
pensions
-
-
-
7 293
total
-
-
-
11 121
Employee
72 539
-
52
-
pensions
5 802
-
3 646
-
surtax
4 446
-
-
-
income
7 007
-
-
-
health
3 228
-
2 029
-
total
20 483
-
5 675
-
Employer
72 539
-
52
-
health
2 212
-
1 391
-
pensions
5 802
-
3 646
-
accident
653
-
411
-
total
8 667
-
5 448
-
Corporate
-
5 500
-
-
communal
-
-
-
-
income
-
825
-
-
surtax
-
58
-
-
total
-
883
-
-
Dividends
-
4 617
-
-
income
-
162
-
-
withholding
-
693
-
-
total
-
855
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 150
1 738
11 123
11 121
After tax
-23 650
3 762
-5 623
-5 621
Living cost
52 055
52 055
52 055
52 055
Free-cash
-75 705
-48 293
-57 678
-57 676

Estimated living cost  is ₽52055 per week

₽39049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
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.
₽9300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18057
-₽20921
-₽20064
-₽33549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
364
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
218
health
-
-
-
909
pensions
-
-
-
2 558
total
-
-
-
4 049
Employee
32 258
-
2 810
-
other
-
-
-
-
unemployment
2 245
-
889
-
pensions
2 152
-
853
-
surtax
115
-
-
-
income
5 408
-
149
-
health
823
-
325
-
total
10 743
-
2 216
-
Employer
32 258
-
2 810
-
health
1 467
-
582
-
pensions
4 301
-
1 703
-
unemployment
1 023
-
405
-
other
-
-
-
-
total
6 791
-
2 690
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
611
-
-
total
-
611
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 534
2 042
4 906
4 049
After tax
-12 034
3 458
594
1 451
Living cost
21 515
21 515
21 515
21 515
Free-cash
-33 549
-18 057
-20 921
-20 064

Estimated living cost  is ₽21515 per week

₽12990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22912
-₽30035
-₽27727
-₽47635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 424
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 424
Employee
53 135
-
5 500
-
municipal
282
-
-
-
national
8 418
-
-
-
regional
715
-
-
-
social contributions
17 917
-
9 732
-
total
27 332
-
9 732
-
Employer
53 135
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
273
-
-
nationa
-
1 320
-
-
total
-
1 593
-
-
Dividends
-
3 908
-
-
withholding
-
1 016
-
-
total
-
1 016
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 332
2 609
9 732
7 424
After tax
-21 832
2 891
-4 232
-1 924
Living cost
25 803
25 803
25 803
25 803
Free-cash
-47 635
-22 912
-30 035
-27 727

Estimated living cost  is ₽25803 per week

₽16047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25569
-₽26565
-₽26678
-₽52348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
473
social contributions
-
-
-
1 606
solidarity contribution
-
-
-
-
health
-
-
-
743
total
-
-
-
2 822
Employee
43 171
-
4 104
-
solidarity contribution
-
-
-
-
social contributions
2 806
-
267
-
income
5 180
-
493
-
health
5 828
-
554
-
total
13 814
-
1 314
-
Employer
43 171
-
4 104
-
health
3 885
-
369
-
social contributions
10 793
-
1 026
-
total
14 678
-
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
28 492
1 713
2 709
2 822
After tax
-22 992
3 787
2 791
2 678
Living cost
29 356
29 356
29 356
29 356
Free-cash
-52 348
-25 569
-26 565
-26 678

Estimated living cost  is ₽29356 per week

₽21831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46684
-₽36912
-₽33455
-₽49331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
5 875
chamber of commerce
-
-
-
22
health
-
-
-
731
pensions
-
-
-
1 767
total
-
-
-
8 395
Employee
41 871
38 173
38 173
-
other
418
382
96
-
unemployment
1 256
1 145
287
-
pensions
4 288
3 908
978
-
income
3 730
2 816
4 484
-
health
1 620
1 478
369
-
total
11 312
9 729
6 214
-
Employer
41 871
38 173
38 173
-
chamber of commerce
167
153
153
-
health
1 583
1 443
362
-
pensions
5 255
4 792
1 200
-
accident
544
496
11
-
unemployment
1 256
1 145
287
-
surtax
-
-
-
-
payroll
1 256
1 145
1 145
-
other
1 989
1 812
1 571
-
total
12 050
10 986
4 729
-
Corporate
3 635
3 635
3 635
-
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.

909
909
909
-
total
909
909
909
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 271
21 624
11 852
8 395
After tax
-18 771
-16 124
-6 352
-2 895
Living cost
30 560
30 560
30 560
30 560
Free-cash
-49 331
-46 684
-36 912
-33 455

Estimated living cost  is ₽30560 per week

₽18332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽8562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6999
-₽7824
-₽6779
-₽9780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 281
-
5 500
-
income
3 056
-
1 100
-
total
3 056
-
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
3 056
275
1 100
55
After tax
2 444
5 225
4 400
5 445
Living cost
12 224
12 224
12 224
12 224
Free-cash
-9 780
-6 999
-7 824
-6 779

Estimated living cost  is ₽12224 per week

₽8272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21906
-₽22581
-₽22379
-₽43452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
5 500
income
-
-
-
631
unemployment
-
-
-
9
health
-
-
-
542
pensions
-
-
-
1 005
total
-
-
-
2 187
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.

42 357
-
4 757
-
unemployment
60
-
7
-
pensions
6 566
-
738
-
income
7 304
-
593
-
health
2 736
-
307
-
total
16 666
-
1 645
-
Employer

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

42 357
-
4 757
-
health
2 821
-
318
-
pensions
3 748
-
422
-
unemployment
25
-
4
-
total
6 594
-
744
-
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
23 260
1 714
2 389
2 187
After tax
-17 760
3 786
3 111
3 313
Living cost
25 692
25 692
25 692
25 692
Free-cash
-43 452
-21 906
-22 581
-22 379

Estimated living cost  is ₽25692 per week

₽17632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38088
-₽48567
-₽37897
-₽137680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
998
social contributions
-
-
-
965
total
-
-
-
1 963
Employee
59 411
-
-
-
social contributions
4 872
-
694
-
income
13 105
-
-
-
total
17 977
-
694
-
Employer
59 411
-
-
-
social contributions
83 769
-
11 939
-
total
83 769
-
11 939
-
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
101 746
2 154
12 633
1 963
After tax
-96 246
3 346
-7 133
3 537
Living cost
41 434
41 434
41 434
41 434
Free-cash
-137 680
-38 088
-48 567
-37 897

Estimated living cost  is ₽41434 per week

₽26884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26915
-₽26663
-₽26777
-₽49018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
1 910
total
-
-
-
2 232
Employee
44 055
-
4 444
-
surtax
-
-
-
-
social contributions
4 846
-
489
-
income
9 164
-
573
-
total
14 010
-
1 062
-
Employer
44 055
-
4 444
-
social contributions
10 463
-
1 056
-
total
10 463
-
1 056
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 216
-
-
total
-
1 216
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 473
2 370
2 118
2 232
After tax
-18 973
3 130
3 382
3 268
Living cost
30 045
30 045
30 045
30 045
Free-cash
-49 018
-26 915
-26 663
-26 777

Estimated living cost  is ₽30045 per week

₽22480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43491
-₽42665
-₽44848
-₽73231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
other
-
-
-
171
surtax
-
-
-
-
social contributions
-
-
-
156
health
-
-
-
254
pensions
-
-
-
3 503
total
-
-
-
4 084
Employee
59 993
-
4 191
-
pensions
6 786
-
474
-
surtax
-
-
-
-
social contributions
1 709
-
118
-
income
5 235
-
-
-
total
13 730
-
592
-
Employer
59 993
-
4 191
-
health
4 199
-
293
-
pensions
9 858
-
689
-
unemployment
2 430
-
169
-
social contributions
180
-
13
-
other
2 070
-
145
-
total
18 737
-
1 309
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
surtax
-
-
-
-
social contributions
-
680
-
-
withholding
-
507
-
-
total
-
1 187
-
-
Income
5 500
5 500
5 500
5 500
Total tax
32 467
2 727
1 901
4 084
After tax
-26 967
2 773
3 599
1 416
Living cost
46 264
46 264
46 264
46 264
Free-cash
-73 231
-43 491
-42 665
-44 848

Estimated living cost  is ₽46264 per week

₽31311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23844
-₽24342
-₽24504
-₽30067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
social contributions
-
-
-
1 211
total
-
-
-
1 211
Employee
30 795
-
4 762
-
income
-
-
-
-
social contributions
2 001
-
311
-
total
2 001
-
311
-
Employer
30 795
-
4 762
-
social contributions
4 773
-
738
-
total
4 773
-
738
-
Corporate
-
5 500
-
-
income
-
551
-
-
total
-
551
-
-
Dividends
-
4 949
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 774
551
1 049
1 211
After tax
-1 274
4 949
4 451
4 289
Living cost
28 793
28 793
28 793
28 793
Free-cash
-30 067
-23 844
-24 342
-24 504

Estimated living cost  is ₽28793 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽202869
-₽202869
-₽41761
-₽202869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
labour market
-
-
-
374
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
829
total
-
-
-
1 203
Employee
194 401
194 401
194 401
-
municipal
41 397
41 397
41 397
-
labour market
15 530
15 530
15 530
-
pensions
276
276
276
-
national
23 750
23 750
23 750
-
total
80 953
80 953
80 953
-
Employer
194 401
194 401
194 401
-
national
23 791
23 791
23 791
-
labour market
15 552
15 552
15 552
-
pensions
553
553
553
-
municipal
41 462
41 462
41 462
-
total
81 358
81 358
81 358
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
162 311
162 311
162 311
1 203
After tax
-156 811
-156 811
-156 811
4 297
Living cost
46 058
46 058
46 058
46 058
Free-cash
-202 869
-202 869
-202 869
-41 761

Estimated living cost  is ₽46058 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20614
-₽18155
-₽22327
-₽34381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
6 767
Employee
33 129
-
4 569
-
pensions
3 731
-
514
-
income
4 545
-
627
-
health
3 793
-
523
-
total
12 069
-
1 664
-
Employer
33 129
-
4 569
-
pensions
5 387
-
743
-
accident
553
-
76
-
unemployment
812
-
112
-
total
6 752
-
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
18 821
5 054
2 595
6 767
After tax
-13 321
446
2 905
-1 267
Living cost
21 060
21 060
21 060
21 060
Free-cash
-34 381
-20 614
-18 155
-22 327

Estimated living cost  is ₽21060 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽32969
-₽33294
-₽32266
-₽54403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
5 500
health
-
-
-
-
municipal
-
-
-
991
national
-
-
-
-
total
-
-
-
991
Employee
50 396
-
4 624
-
municipal
8 254
-
763
-
unemployment
756
-
69
-
pensions
3 401
-
313
-
national
833
-
-
-
health
376
-
-
-
total
13 620
-
1 145
-
Employer
50 396
-
4 624
-
health
387
-
36
-
pensions
8 743
-
802
-
accident
51
-
5
-
unemployment
327
-
31
-
total
9 508
-
874
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends

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

-
3 300
-
-
municipal
-
594
-
-
national
-
-
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 128
1 694
2 019
991
After tax
-17 628
3 806
3 481
4 509
Living cost
36 775
36 775
36 775
36 775
Free-cash
-54 403
-32 969
-33 294
-32 266

Estimated living cost  is ₽36775 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38336
-₽29963
-₽23286
-₽31458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 414
income
-
-
-
-
social contributions
-
-
-
5 680
health
-
-
-
929
total
-
-
-
6 609
Employee
73 656
73 656
73 656
-
social contributions
2 785
6 113
2 061
-
income
8 020
6 818
8 282
-
health
571
1 252
422
-
total
11 376
14 183
10 765
-
Employer
73 656
73 656
73 656
-
health
620
1 363
460
-
social contributions
2 785
6 113
2 061
-
total
3 405
7 476
2 521
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 781
21 659
13 286
6 609
After tax
-9 281
-16 159
-7 786
-1 109
Living cost
22 177
22 177
22 177
22 177
Free-cash
-31 458
-38 336
-29 963
-23 286

Estimated living cost  is ₽22177 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10653
-₽15433
-₽19294
-₽18749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
5 500
income
-
-
-
-
unemployment
-
-
-
27
health
-
-
-
3 466
pensions
-
-
-
6 093
total
-
-
-
9 586
Employee

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

21 986
-
3 780
-
unemployment
109
-
84
-
pensions
3 297
-
2 503
-
income
1 503
-
-
-
health
1 869
-
1 418
-
total
6 778
-
4 005
-
Employer

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

21 986
-
3 780
-
health
945
-
718
-
pensions
1 209
-
918
-
unemployment
109
-
84
-
total
2 263
-
1 720
-
Corporate
-
5 500
-
-
income
-
494
-
-
total
-
494
-
-
Dividends
-
5 006
-
-
withholding
-
451
-
-
total
-
451
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 041
945
5 725
9 586
After tax
-3 541
4 555
-225
-4 086
Living cost
15 208
15 208
15 208
15 208
Free-cash
-18 749
-10 653
-15 433
-19 294

Estimated living cost  is ₽15208 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1096
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.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22554
-₽33070
-₽27019
-₽41210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 830
total
-
-
-
6 179
Employee
35 418
-
-
-
other
35
-
33
-
unemployment
549
-
496
-
pensions
1 665
-
1 503
-
income
6 828
-
-
-
total
9 077
-
2 032
-
Employer
35 418
-
-
-
pensions
8 358
-
7 549
-
accident
702
-
633
-
unemployment
1 949
-
1 760
-
other
284
-
256
-
total
11 293
-
10 198
-
Corporate
-
5 500
-
-
income

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

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 370
1 714
12 230
6 179
After tax
-14 870
3 786
-6 730
-679
Living cost
26 340
26 340
26 340
26 340
Free-cash
-41 210
-22 554
-33 070
-27 019

Estimated living cost  is ₽26340 per week

₽17779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
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.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽1568
₽1024
₽869
₽1262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
870
health
-
-
-
797
pensions
-
-
-
1 100
total
-
-
-
2 767
Employee
2 839
-
4 490
-
unemployment
28
-
45
-
pensions
255
-
404
-
income
549
-
928
-
health
142
-
224
-
total
974
-
1 601
-
Employer
2 839
-
4 490
-
health
270
-
427
-
pensions
312
-
494
-
unemployment
57
-
90
-
total
639
-
1 011
-
Corporate
2 023
5 500
-
-
income
445
1 210
-
-
total
445
1 210
-
-
Dividends
1 578
4 290
-
-
withholding
316
858
-
-
total
316
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 374
2 068
2 612
2 767
After tax
3 126
3 432
2 888
2 733
Living cost
1 864
1 864
1 864
1 864
Free-cash
1 262
1 568
1 024
869

Estimated living cost  is ₽1864 per week

₽1108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12559
-₽12981
-₽13170
-₽23894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
5 500
income
-
-
-
58
unemployment
-
-
-
82
health
-
-
-
567
pensions
-
-
-
1 430
total
-
-
-
2 137
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.

24 931
-
4 615
-
unemployment
187
-
37
-
pensions
3 490
-
692
-
income
3 437
-
79
-
health
1 284
-
255
-
total
8 398
-
1 063
-
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.

24 931
-
4 615
-
health
1 284
-
255
-
pensions
2 992
-
593
-
unemployment
187
-
37
-
total
4 463
-
885
-
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
12 861
1 526
1 948
2 137
After tax
-7 361
3 974
3 552
3 363
Living cost
16 533
16 533
16 533
16 533
Free-cash
-23 894
-12 559
-12 981
-13 170

Estimated living cost  is ₽16533 per week

₽11132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22694
-₽22442
-₽22556
-₽40507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
1 910
total
-
-
-
2 232
Employee
37 177
-
4 444
-
surtax
-
-
-
-
social contributions
4 090
-
489
-
income
7 264
-
573
-
total
11 354
-
1 062
-
Employer
37 177
-
4 444
-
social contributions
8 829
-
1 056
-
total
8 829
-
1 056
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 216
-
-
total
-
1 216
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 183
2 370
2 118
2 232
After tax
-14 683
3 130
3 382
3 268
Living cost
25 824
25 824
25 824
25 824
Free-cash
-40 507
-22 694
-22 442
-22 556

Estimated living cost  is ₽25824 per week

₽18290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29878
-₽40394
-₽34343
-₽55510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
185
income
-
-
-
-
other
-
-
-
20
unemployment
-
-
-
144
pensions
-
-
-
5 830
total
-
-
-
6 179
Employee
46 261
-
-
-
other
45
-
33
-
unemployment
716
-
496
-
pensions
2 174
-
1 503
-
income
9 662
-
-
-
total
12 597
-
2 032
-
Employer
46 261
-
-
-
pensions
10 917
-
7 549
-
accident
916
-
633
-
unemployment
2 545
-
1 760
-
other
371
-
256
-
total
14 749
-
10 198
-
Corporate
-
5 500
-
-
income

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

-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 346
1 714
12 230
6 179
After tax
-21 846
3 786
-6 730
-679
Living cost
33 664
33 664
33 664
33 664
Free-cash
-55 510
-29 878
-40 394
-34 343

Estimated living cost  is ₽33664 per week

₽24176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11784
-₽13546
-₽13481
-₽20615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
825
unemployment
-
-
-
25
health
-
-
-
719
pensions

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

-
-
-
925
total
-
-
-
2 494
Employee
21 831
-
4 273
-
accident

We are using the highest rate at 1.1%.

240
-
69
-
pensions

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

1 917
-
549
-
income
2 183
-
428
-
health
1 004
-
287
-
total
5 344
-
1 333
-
Employer
21 831
-
4 273
-
health
1 507
-
431
-
pensions

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

2 406
-
689
-
accident

We are using the highest rate at 1.1%.

240
-
69
-
unemployment
131
-
37
-
total
4 284
-
1 226
-
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
9 628
797
2 559
2 494
After tax
-4 128
4 703
2 941
3 006
Living cost
16 487
16 487
16 487
16 487
Free-cash
-20 615
-11 784
-13 546
-13 481

Estimated living cost  is ₽16487 per week

₽10904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33882
-₽38025
-₽38025
-₽42160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income

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

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 544
trade
-
-
-
-
total
-
-
-
6 544
Employee

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

47 660
-
5 500
-
surtax

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

216
-
-
-
income

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

3 919
-
-
-
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.

6 544
-
6 544
-
total
10 679
-
6 544
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
825
-
-
surtax

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

-
45
-
-
chamber of commerce
-
153
-
-
trade
-
789
-
-
total
-
1 812
-
-
Dividends
-
3 688
-
-
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
-
558
-
-
total
-
589
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 679
2 401
6 544
6 544
After tax
-5 179
3 099
-1 044
-1 044
Living cost
36 981
36 981
36 981
36 981
Free-cash
-42 160
-33 882
-38 025
-38 025

Estimated living cost  is ₽36981 per week

₽25510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
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.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50715
-₽49065
-₽49065
-₽69428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
74 927
-
5 500
-
income
14 138
-
-
-
social contributions
6 225
-
-
-
total
20 363
-
-
-
Employer
74 927
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
687
-
-
total
-
687
-
-
Dividends
-
4 813
-
-
withholding
-
963
-
-
total
-
963
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 363
1 650
-
-
After tax
-14 863
3 850
5 500
5 500
Living cost
54 565
54 565
54 565
54 565
Free-cash
-69 428
-50 715
-49 065
-49 065

Estimated living cost  is ₽54565 per week

₽41512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34055
-₽32601
-₽62401
-₽45704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 266
health

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

-
-
-
5 864
total
-
-
-
33 130
Employee
43 942
-
3 835
-
income
4 768
-
-
-
social contributions
4 403
-
1 665
-
total
9 171
-
1 665
-
Employer
43 942
-
3 835
-
social contributions
4 403
-
1 665
-
total
4 403
-
1 665
-
Corporate
-
5 500
-
-
income
-
1 925
-
-
total
-
1 925
-
-
Dividends
-
3 575
-
-
social contributions
2 859
2 859
-
-
total
2 859
2 859
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 433
4 784
3 330
33 130
After tax
-10 933
716
2 170
-27 630
Living cost
34 771
34 771
34 771
34 771
Free-cash
-45 704
-34 055
-32 601
-62 401

Estimated living cost  is ₽34771 per week

₽22904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31184
-₽30987
-₽30905
-₽48777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 101
pensions
-
-
-
-
total
-
-
-
1 101
Employee
48 460
-
5 397
-
pensions
3 699
-
-
-
income
8 825
-
1 080
-
health
632
-
-
-
total
13 156
-
1 080
-
Employer
48 460
-
5 397
-
health
921
-
103
-
pensions
4 896
-
-
-
total
5 817
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 973
1 380
1 183
1 101
After tax
-13 473
4 120
4 317
4 399
Living cost
35 304
35 304
35 304
35 304
Free-cash
-48 777
-31 184
-30 987
-30 905

Estimated living cost  is ₽35304 per week

₽24218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22699
-₽20240
-₽24412
-₽38329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
-
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 043
total
-
-
-
6 767
Employee
36 408
-
4 569
-
pensions
4 100
-
514
-
income
4 995
-
627
-
health
4 169
-
523
-
total
13 264
-
1 664
-
Employer
36 408
-
4 569
-
pensions
5 920
-
743
-
accident
608
-
76
-
unemployment
892
-
112
-
total
7 420
-
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
20 684
5 054
2 595
6 767
After tax
-15 184
446
2 905
-1 267
Living cost
23 145
23 145
23 145
23 145
Free-cash
-38 329
-22 699
-20 240
-24 412

Estimated living cost  is ₽23145 per week

₽16986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8244
-₽9722
-₽9722
-₽15170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
5 500
income
-
-
-
550
unemployment
-
-
-
76
work injury
-
-
-
32
health insurance
-
-
-
472
pensions
-
-
-
1 173
total
-
-
-
2 303
Employee

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

20 670
-
5 500
-
health insurance
1 530
-
472
-
unemployment
248
-
76
-
work injury
103
-
32
-
pensions
3 803
-
1 173
-
income
2 067
-
550
-
total
7 751
-
2 303
-
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
7 751
825
2 303
2 303
After tax
-2 251
4 675
3 197
3 197
Living cost
12 919
12 919
12 919
12 919
Free-cash
-15 170
-8 244
-9 722
-9 722

Estimated living cost  is ₽12919 per week

₽8003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35262
-₽42391
-₽40083
-₽75217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
7 424
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 424
Employee
80 716
-
5 500
-
municipal
482
-
-
-
national
13 640
-
-
-
regional
1 219
-
-
-
social contributions
27 217
-
9 732
-
total
42 558
-
9 732
-
Employer
80 716
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
265
-
-
nationa
-
1 320
-
-
total
-
1 585
-
-
Dividends
-
3 915
-
-
withholding
-
1 018
-
-
total
-
1 018
-
-
Income
5 500
5 500
5 500
5 500
Total tax
42 558
2 603
9 732
7 424
After tax
-37 058
2 897
-4 232
-1 924
Living cost
38 159
38 159
38 159
38 159
Free-cash
-75 217
-35 262
-42 391
-40 083

Estimated living cost  is ₽38159 per week

₽26804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close