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
-₽30689
-₽25618
-₽29622
-₽29622
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 464
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.

-
-
-
-
total
-
-
-
6 464
Employee

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

36 188
-
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
-
-
-
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.

6 464
-
6 464
-
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.

1 011
-
-
-
total
7 531
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
865
-
-
income
-
824
-
-
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
-
151
-
-
total
-
1 885
-
-
Dividends
-
3 615
-
-
withholding
-
544
-
-
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
-
-
total
-
575
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 531
2 460
6 464
6 464
After tax
-2 031
3 040
-964
-964
Living cost
28 658
28 658
28 658
28 658
Free-cash
-30 689
-25 618
-29 622
-29 622

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76424
-₽45019
-₽43572
-₽43670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
660
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
719
Employee
75 108
-
4 755
-
national
14 376
-
-
-
municipal
9 277
-
-
-
pensions
3 004
-
190
-
total
26 657
-
190
-
Employer
75 108
-
4 755
-
pensions
6 009
-
380
-
social contributions
807
-
51
-
total
6 816
-
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
33 473
2 068
621
719
After tax
-27 973
3 432
4 879
4 781
Living cost
48 451
48 451
48 451
48 451
Free-cash
-76 424
-45 019
-43 572
-43 670

Estimated living cost  is ₽48451 per week

₽32932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28806
-₽15285
-₽17885
-₽17987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
5 500
social contributions

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

-
-
-
2 979
income
-
-
-
-
microenterprise
-
-
-
824
surtax
-
-
-
-
total
-
-
-
3 803
Employee
27 647
-
3 268
-
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.

3 042
-
1 020
-
income
4 921
-
449
-
total
7 963
-
1 469
-
Employer
27 647
-
3 268
-
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.

6 659
-
2 232
-
surtax
-
-
-
-
total
6 659
-
2 232
-
Corporate
-
5 500
-
-
income

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

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

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

-
4 399
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 622
1 101
3 701
3 803
After tax
-9 122
4 399
1 799
1 697
Living cost
19 684
19 684
19 684
19 684
Free-cash
-28 806
-15 285
-17 885
-17 987

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽88452
-₽83141
-₽88452
-₽36466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
496
pensions
-
-
-
989
health
-
-
-
846
total
-
-
-
2 331
Employee
80 797
80 797
80 797
-
health
12 401
10 548
12 401
-
pensions
14 543
11 085
14 543
-
income

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

13 225
13 225
13 225
-
total
40 169
34 858
40 169
-
Employer
80 797
80 797
80 797
-
pensions
5 623
5 623
5 623
-
unemployment
2 909
2 909
2 909
-
health
5 616
5 616
5 616
-
total
14 148
14 148
14 148
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
54 317
49 006
54 317
2 331
After tax
-48 817
-43 506
-48 817
3 169
Living cost
39 635
39 635
39 635
39 635
Free-cash
-88 452
-83 141
-88 452
-36 466

Estimated living cost  is ₽39635 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67346
-₽35898
-₽35962
-₽36160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
639
unemployment
-
-
-
6
pensions
-
-
-
595
municipal
-
-
-
1 165
accident
-
-
-
11
national
-
-
-
-
health
-
-
-
343
total
-
-
-
2 759
Employee
55 430
-
4 185
-
national
-
-
-
-
municipal
16 529
-
1 248
-
total
16 529
-
1 248
-
Employer
55 430
-
4 185
-
other
6 441
-
486
-
accident
111
-
8
-
pensions
5 992
-
452
-
unemployment
1 463
-
110
-
health
3 409
-
257
-
total
17 416
-
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
33 945
2 497
2 561
2 759
After tax
-28 445
3 003
2 939
2 741
Living cost
38 901
38 901
38 901
38 901
Free-cash
-67 346
-35 898
-35 962
-36 160

Estimated living cost  is ₽38901 per week

₽25782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42480
-₽34157
-₽38132
-₽38132
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 464
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.

-
-
-
-
total
-
-
-
6 464
Employee

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

47 981
-
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.

226
-
-
-
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.

6 464
-
6 464
-
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.

4 122
-
-
-
total
10 812
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
905
-
-
income
-
824
-
-
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
-
151
-
-
total
-
1 925
-
-
Dividends
-
3 575
-
-
withholding
-
535
-
-
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
-
-
total
-
564
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 812
2 489
6 464
6 464
After tax
-5 312
3 011
-964
-964
Living cost
37 168
37 168
37 168
37 168
Free-cash
-42 480
-34 157
-38 132
-38 132

Estimated living cost  is ₽37168 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41410
-₽46583
-₽38311
-₽31716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 968
social contributions
-
-
-
5 611
income
-
-
-
-
health
-
-
-
917
total
-
-
-
6 528
Employee
72 754
72 754
72 754
-
health
724
1 237
417
-
social contributions
3 535
6 038
2 036
-
income
7 640
6 735
8 180
-
total
11 899
14 010
10 633
-
Employer
72 754
72 754
72 754
-
social contributions
3 535
6 038
2 036
-
health
788
1 347
454
-
total
4 323
7 385
2 490
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 222
21 395
13 123
6 528
After tax
-10 722
-15 895
-7 623
-1 028
Living cost
30 688
30 688
30 688
30 688
Free-cash
-41 410
-46 583
-38 311
-31 716

Estimated living cost  is ₽30688 per week

₽20978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24849
-₽17171
-₽16347
-₽14134
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 396
10 107
10 107
-
unemployment
381
152
117
-
health
1 778
708
544
-
pensions
2 540
1 011
777
-
income
3 105
1 236
1 301
-
total
7 804
3 107
2 739
-
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.

25 396
10 107
10 107
-
pensions
4 952
1 971
1 515
-
total
4 952
1 971
1 515
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
12 756
5 078
4 254
2 041
After tax
-7 256
422
1 246
3 459
Living cost
17 593
17 593
17 593
17 593
Free-cash
-24 849
-17 171
-16 347
-14 134

Estimated living cost  is ₽17593 per week

₽12006
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.
₽352
Clothing and shoes. We estimate one pair of shoes and 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
-₽30413
-₽18454
-₽21381
-₽20908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
2 155
health
-
-
-
1 400
total
-
-
-
3 555
Employee
26 841
-
1 859
-
unemployment
429
-
172
-
pensions
537
-
215
-
income
3 022
-
-
-
total
3 988
-
387
-
Employer
26 841
-
1 859
-
pensions
5 368
-
2 155
-
unemployment
215
-
86
-
health
3 489
-
1 400
-
total
9 072
-
3 641
-
Corporate
-
5 500
-
-
income
-
1 101
-
-
total
-
1 101
-
-
Dividends
-
4 399
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 060
1 101
4 028
3 555
After tax
-7 560
4 399
1 472
1 945
Living cost
22 853
22 853
22 853
22 853
Free-cash
-30 413
-18 454
-21 381
-20 908

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34723
-₽20796
-₽18336
-₽22466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
-
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
6 725
Employee
33 413
-
4 569
-
health
3 826
-
523
-
pensions
3 762
-
514
-
income
4 584
-
627
-
total
12 172
-
1 664
-
Employer
33 413
-
4 569
-
accident
558
-
76
-
pensions
5 433
-
743
-
unemployment
819
-
112
-
total
6 810
-
931
-
Corporate
-
5 500
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 982
5 055
2 595
6 725
After tax
-13 482
445
2 905
-1 225
Living cost
21 241
21 241
21 241
21 241
Free-cash
-34 723
-20 796
-18 336
-22 466

Estimated living cost  is ₽21241 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4136
-₽2484
-₽3309
-₽2264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 636
-
5 500
-
income
1 927
-
1 100
-
total
1 927
-
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
1 927
275
1 100
55
After tax
3 573
5 225
4 400
5 445
Living cost
7 709
7 709
7 709
7 709
Free-cash
-4 136
-2 484
-3 309
-2 264

Estimated living cost  is ₽7709 per week

₽4777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37511
-₽21168
-₽22153
-₽23515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
488
income
-
-
-
399
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.

-
-
-
2 465
health
-
-
-
452
total
-
-
-
3 804
Employee
34 353
-
4 159
-
unemployment
343
-
41
-
health
481
-
57
-
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.

2 404
-
291
-
income
5 914
-
716
-
total
9 142
-
1 105
-
Employer
34 353
-
4 159
-
other
1 718
-
499
-
accident
275
-
34
-
pensions

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

5 841
-
706
-
unemployment
343
-
41
-
health
481
-
57
-
total
8 658
-
1 337
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
303
-
-
total
-
303
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 800
1 457
2 442
3 804
After tax
-12 300
4 043
3 058
1 696
Living cost
25 211
25 211
25 211
25 211
Free-cash
-37 511
-21 168
-22 153
-23 515

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽94545
-₽58065
-₽57868
-₽57787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
87 985
-
5 398
-
health
1 450
-
-
-
pensions
8 488
-
-
-
income
15 860
-
1 079
-
total
25 798
-
1 079
-
Employer
87 985
-
5 398
-
pensions
10 389
-
-
-
health
1 671
-
102
-
total
12 060
-
102
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
334
-
-
total
-
334
-
-
Income
5 500
5 500
5 500
5 500
Total tax
37 858
1 378
1 181
1 100
After tax
-32 358
4 122
4 319
4 400
Living cost
62 187
62 187
62 187
62 187
Free-cash
-94 545
-58 065
-57 868
-57 787

Estimated living cost  is ₽62187 per week

₽46598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14137
-₽7696
-₽9431
-₽9370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
25
income
-
-
-
825
pensions

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

-
-
-
913
health
-
-
-
709
total
-
-
-
2 472
Employee
16 416
-
4 290
-
accident

We are using the highest rate at 1.1%.

181
-
68
-
health
755
-
284
-
pensions

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

1 441
-
541
-
income
1 641
-
429
-
total
4 018
-
1 322
-
Employer
16 416
-
4 290
-
accident

We are using the highest rate at 1.1%.

181
-
68
-
pensions

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

1 809
-
680
-
unemployment
98
-
37
-
health
1 133
-
426
-
total
3 221
-
1 211
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
248
-
-
total
-
248
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 239
798
2 533
2 472
After tax
-1 739
4 702
2 967
3 028
Living cost
12 398
12 398
12 398
12 398
Free-cash
-14 137
-7 696
-9 431
-9 370

Estimated living cost  is ₽12398 per week

₽7238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽97577
-₽95971
-₽101282
-₽49296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
496
pensions
-
-
-
989
health
-
-
-
846
total
-
-
-
2 331
Employee
87 719
80 797
80 797
-
health
10 943
10 548
12 401
-
pensions
11 085
11 085
14 543
-
income

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

13 225
13 225
13 225
-
total
35 253
34 858
40 169
-
Employer
87 719
80 797
80 797
-
pensions
6 105
5 623
5 623
-
unemployment
3 158
2 909
2 909
-
health
6 096
5 616
5 616
-
total
15 359
14 148
14 148
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
50 612
49 006
54 317
2 331
After tax
-45 112
-43 506
-48 817
3 169
Living cost
52 465
52 465
52 465
52 465
Free-cash
-97 577
-95 971
-101 282
-49 296

Estimated living cost  is ₽52465 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40819
-₽19718
-₽20714
-₽20826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
1 606
income
-
-
-
473
health
-
-
-
742
solidarity contribution
-
-
-
-
total
-
-
-
2 821
Employee
34 566
-
4 104
-
solidarity contribution
-
-
-
-
health
4 666
-
554
-
social contributions
2 247
-
267
-
income
4 148
-
493
-
total
11 061
-
1 314
-
Employer
34 566
-
4 104
-
social contributions
8 642
-
1 026
-
health
3 111
-
369
-
total
11 753
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
22 814
1 713
2 709
2 821
After tax
-17 314
3 787
2 791
2 679
Living cost
23 505
23 505
23 505
23 505
Free-cash
-40 819
-19 718
-20 714
-20 826

Estimated living cost  is ₽23505 per week

₽16327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
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.
₽5044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽78586
-₽36989
-₽44037
-₽41757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
regional
-
-
-
-
social contributions
-
-
-
7 333
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 333
Employee
84 087
-
5 500
-
national
14 570
-
-
-
regional
793
-
-
-
municipal
445
-
-
-
social contributions
28 354
-
9 613
-
total
44 162
-
9 613
-
Employer
84 087
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
214
-
-
total
-
1 534
-
-
Dividends
-
3 967
-
-
withholding
-
1 031
-
-
total
-
1 031
-
-
Income
5 500
5 500
5 500
5 500
Total tax
44 162
2 565
9 613
7 333
After tax
-38 662
2 935
-4 113
-1 833
Living cost
39 924
39 924
39 924
39 924
Free-cash
-78 586
-36 989
-44 037
-41 757

Estimated living cost  is ₽39924 per week

₽27830
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.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32374
-₽17417
-₽20236
-₽19389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
372
pensions
-
-
-
2 526
health
-
-
-
898
surtax
-
-
-
-
total
-
-
-
4 011
Employee
31 288
-
2 843
-
surtax
102
-
-
-
unemployment
2 178
-
878
-
other
-
-
-
-
health
799
-
321
-
pensions
2 086
-
842
-
income
5 245
-
160
-
total
10 410
-
2 201
-
Employer
31 288
-
2 843
-
other
-
-
-
-
pensions
4 171
-
1 682
-
unemployment
991
-
400
-
health
1 424
-
575
-
total
6 586
-
2 657
-
Corporate
-
5 500
-
-
income
-
1 429
-
-
total
-
1 429
-
-
Dividends
-
4 071
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 996
2 039
4 858
4 011
After tax
-11 496
3 461
642
1 489
Living cost
20 878
20 878
20 878
20 878
Free-cash
-32 374
-17 417
-20 236
-19 389

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽60969
-₽38363
-₽38166
-₽38085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
58 965
-
5 398
-
health
856
-
-
-
pensions
5 005
-
-
-
income
10 620
-
1 079
-
total
16 481
-
1 079
-
Employer
58 965
-
5 398
-
pensions
6 383
-
-
-
health
1 120
-
102
-
total
7 503
-
102
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
334
-
-
total
-
334
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 984
1 378
1 181
1 100
After tax
-18 484
4 122
4 319
4 400
Living cost
42 485
42 485
42 485
42 485
Free-cash
-60 969
-38 363
-38 166
-38 085

Estimated living cost  is ₽42485 per week

₽31829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽90260
-₽72197
-₽72981
-₽70127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
109
city
-
-
-
56
regional
-
-
-
-
pensions
-
-
-
507
national
-
-
-
-
health
-
-
-
244
total
-
-
-
916
Employee
87 431
-
3 550
-
national
414
-
-
-
unemployment
-
-
-
-
city
938
-
19
-
regional
2 863
-
-
-
health
198
-
8
-
pensions
7 345
-
1 832
-
total
11 758
-
1 859
-
Employer
87 431
-
3 550
-
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.

1 748
-
71
-
pensions
7 345
-
1 832
-
unemployment
-
-
-
-
health
198
-
8
-
total
9 291
-
1 911
-
Corporate
-
5 500
-
-
regional
-
1 163
-
-
national
-
468
-
-
total
-
1 631
-
-
Dividends
-
3 869
-
-
withholding
-
1 355
-
-
total
-
1 355
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 049
2 986
3 770
916
After tax
-15 549
2 514
1 730
4 584
Living cost
74 711
74 711
74 711
74 711
Free-cash
-90 260
-72 197
-72 981
-70 127

Estimated living cost  is ₽74711 per week

₽48583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51361
-₽40359
-₽44307
-₽44307
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 464
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.

-
-
-
-
total
-
-
-
6 464
Employee

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

56 861
-
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.

368
-
-
-
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.

6 464
-
6 464
-
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.

6 686
-
-
-
total
13 518
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
943
-
-
income
-
824
-
-
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
-
151
-
-
total
-
1 963
-
-
Dividends
-
3 538
-
-
withholding
-
524
-
-
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
-
-
total
-
553
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 518
2 516
6 464
6 464
After tax
-8 018
2 984
-964
-964
Living cost
43 343
43 343
43 343
43 343
Free-cash
-51 361
-40 359
-44 307
-44 307

Estimated living cost  is ₽43343 per week

₽31656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47638
-₽29598
-₽28767
-₽30912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171
social contributions
-
-
-
156
income
-
-
-
-
pensions
-
-
-
3 463
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
4 041
Employee
40 493
-
4 189
-
surtax
-
-
-
-
pensions
4 578
-
472
-
social contributions
1 154
-
119
-
income
2 390
-
-
-
total
8 122
-
591
-
Employer
40 493
-
4 189
-
other
1 397
-
144
-
pensions
6 652
-
686
-
unemployment
1 639
-
169
-
social contributions
122
-
13
-
health
2 835
-
293
-
total
12 645
-
1 305
-
Corporate
-
5 500
-
-
income
-
1 541
-
-
surtax
-
-
-
-
total
-
1 541
-
-
Dividends
-
3 959
-
-
withholding
-
506
-
-
social contributions
-
680
-
-
surtax
-
-
-
-
total
-
1 186
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 767
2 727
1 896
4 041
After tax
-15 267
2 773
3 604
1 459
Living cost
32 371
32 371
32 371
32 371
Free-cash
-47 638
-29 598
-28 767
-30 912

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
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.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41934
-₽26390
-₽25559
-₽27704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171
social contributions
-
-
-
156
income
-
-
-
-
pensions
-
-
-
3 463
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
4 041
Employee
36 146
-
4 189
-
surtax
-
-
-
-
pensions
4 088
-
472
-
social contributions
1 031
-
119
-
income
1 864
-
-
-
total
6 983
-
591
-
Employer
36 146
-
4 189
-
other
1 248
-
144
-
pensions
5 939
-
686
-
unemployment
1 463
-
169
-
social contributions
108
-
13
-
health
2 530
-
293
-
total
11 288
-
1 305
-
Corporate
-
5 500
-
-
income
-
1 541
-
-
surtax
-
-
-
-
total
-
1 541
-
-
Dividends
-
3 959
-
-
withholding
-
506
-
-
social contributions
-
680
-
-
surtax
-
-
-
-
total
-
1 186
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 271
2 727
1 896
4 041
After tax
-12 771
2 773
3 604
1 459
Living cost
29 163
29 163
29 163
29 163
Free-cash
-41 934
-26 390
-25 559
-27 704

Estimated living cost  is ₽29163 per week

₽16913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
-₽29066
-₽18108
-₽17048
-₽17872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
1 650
income
-
-
-
824
health
-
-
-
835
total
-
-
-
3 309
Employee
32 080
-
5 500
-
health
2 239
-
835
-
social contributions
4 428
-
1 650
-
income
5 351
-
-
-
total
12 018
-
2 485
-
Employer
32 080
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income

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

-
275
-
-
total
-
275
-
-
Dividends
-
5 225
-
-
health
835
835
-
-
withholding
-
785
-
-
social contributions
1 650
1 650
-
-
total
2 485
3 270
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 503
3 545
2 485
3 309
After tax
-9 003
1 955
3 015
2 191
Living cost
20 063
20 063
20 063
20 063
Free-cash
-29 066
-18 108
-17 048
-17 872

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56474
-₽49384
-₽39729
-₽36317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
22
unemployment
-
-
-
5 803
income
-
-
-
-
pensions
-
-
-
1 745
health
-
-
-
722
surtax
-
-
-
187
total
-
-
-
8 479
Employee
47 284
37 705
37 705
-
unemployment
1 418
1 131
284
-
other
472
377
95
-
health
1 830
1 460
364
-
pensions
4 842
3 860
966
-
income
5 383
2 781
4 429
-
total
13 945
9 609
6 138
-
Employer
47 284
37 705
37 705
-
payroll
1 418
1 131
1 131
-
other
2 246
1 790
1 551
-
accident
614
490
9
-
pensions
5 934
4 733
1 185
-
unemployment
1 418
1 131
284
-
chamber of commerce
189
151
151
-
surtax
187
187
187
-
health
1 787
1 426
357
-
total
13 793
11 039
4 855
-
Corporate
3 591
3 591
3 591
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

898
898
898
-
total
898
898
898
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 636
21 546
11 891
8 479
After tax
-23 136
-16 046
-6 391
-2 979
Living cost
33 338
33 338
33 338
33 338
Free-cash
-56 474
-49 384
-39 729
-36 317

Estimated living cost  is ₽33338 per week

₽22235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81881
-₽31089
-₽31942
-₽34144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
4 988
national
-
-
-
127
communal

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

-
-
-
31
total
-
-
-
5 146
Employee

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

67 678
-
4 258
-
national
20 807
-
925
-
unemployment

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

589
-
38
-
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.

3 180
-
199
-
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.

5 076
-
320
-
communal

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

3 530
-
223
-
total
33 182
-
1 705
-
Employer

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

67 678
-
4 258
-
accident

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

880
-
56
-
pensions

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

5 997
-
377
-
unemployment

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

988
-
63
-
surtax
7 674
-
481
-
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.

4 162
-
262
-
total
19 701
-
1 239
-
Corporate
-
5 500
-
-
income
-
1 101
-
-
surtax
-
22
-
-
total
-
1 123
-
-
Dividends
-
4 378
-
-
withholding

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

-
968
-
-
total
-
968
-
-
Income
5 500
5 500
5 500
5 500
Total tax
52 883
2 091
2 944
5 146
After tax
-47 383
3 409
2 556
354
Living cost
34 498
34 498
34 498
34 498
Free-cash
-81 881
-31 089
-31 942
-34 144

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56610
-₽30382
-₽40749
-₽34772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
142
income
-
-
-
-
pensions
-
-
-
5 758
accident
-
-
-
183
total
-
-
-
6 103
Employee
47 097
-
-
-
unemployment
731
-
490
-
other
47
-
32
-
pensions
2 214
-
1 485
-
income
9 937
-
-
-
total
12 929
-
2 007
-
Employer
47 097
-
-
-
other
375
-
253
-
accident
932
-
625
-
pensions
11 114
-
7 457
-
unemployment
2 591
-
1 738
-
total
15 012
-
10 073
-
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.

-
824
-
-
total
-
824
-
-
Dividends
-
4 676
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 941
1 713
12 080
6 103
After tax
-22 441
3 787
-6 580
-603
Living cost
34 169
34 169
34 169
34 169
Free-cash
-56 610
-30 382
-40 749
-34 772

Estimated living cost  is ₽34169 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽74711
-₽47653
-₽56905
-₽56902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
7 203
accident
-
-
-
406
communal
-
-
-
-
health
-
-
-
3 376
surtax
-
-
-
-
total
-
-
-
10 985
Employee
71 650
-
119
-
surtax
4 392
-
-
-
health
3 189
-
2 004
-
pensions
5 731
-
3 602
-
income
6 921
-
-
-
total
20 233
-
5 606
-
Employer
71 650
-
119
-
accident
645
-
406
-
pensions
5 731
-
3 602
-
health
2 185
-
1 374
-
total
8 561
-
5 382
-
Corporate
-
5 500
-
-
income
-
824
-
-
communal
-
-
-
-
surtax
-
57
-
-
total
-
881
-
-
Dividends
-
4 618
-
-
withholding
-
693
-
-
income
-
162
-
-
total
-
855
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 794
1 736
10 988
10 985
After tax
-23 294
3 764
-5 488
-5 485
Living cost
51 417
51 417
51 417
51 417
Free-cash
-74 711
-47 653
-56 905
-56 902

Estimated living cost  is ₽51417 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33070
-₽17790
-₽20609
-₽19762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
372
pensions
-
-
-
2 526
health
-
-
-
898
surtax
-
-
-
-
total
-
-
-
4 011
Employee
31 863
-
2 843
-
surtax
113
-
-
-
unemployment
2 217
-
878
-
other
-
-
-
-
health
813
-
321
-
pensions
2 126
-
842
-
income
5 342
-
160
-
total
10 611
-
2 201
-
Employer
31 863
-
2 843
-
other
-
-
-
-
pensions
4 248
-
1 682
-
unemployment
1 011
-
400
-
health
1 449
-
575
-
total
6 708
-
2 657
-
Corporate
-
5 500
-
-
income
-
1 429
-
-
total
-
1 429
-
-
Dividends
-
4 071
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 319
2 039
4 858
4 011
After tax
-11 819
3 461
642
1 489
Living cost
21 251
21 251
21 251
21 251
Free-cash
-33 070
-17 790
-20 609
-19 762

Estimated living cost  is ₽21251 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46985
-₽22596
-₽29600
-₽27320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
regional
-
-
-
-
social contributions
-
-
-
7 333
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 333
Employee
52 484
-
5 500
-
national
8 315
-
-
-
regional
707
-
-
-
municipal
278
-
-
-
social contributions
17 698
-
9 613
-
total
26 998
-
9 613
-
Employer
52 484
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
273
-
-
total
-
1 593
-
-
Dividends
-
3 907
-
-
withholding
-
1 016
-
-
total
-
1 016
-
-
Income
5 500
5 500
5 500
5 500
Total tax
26 998
2 609
9 613
7 333
After tax
-21 498
2 891
-4 113
-1 833
Living cost
25 487
25 487
25 487
25 487
Free-cash
-46 985
-22 596
-29 600
-27 320

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51576
-₽25177
-₽26173
-₽26285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
social contributions
-
-
-
1 606
income
-
-
-
473
health
-
-
-
742
solidarity contribution
-
-
-
-
total
-
-
-
2 821
Employee
42 594
-
4 104
-
solidarity contribution
-
-
-
-
health
5 750
-
554
-
social contributions
2 769
-
267
-
income
5 111
-
493
-
total
13 630
-
1 314
-
Employer
42 594
-
4 104
-
social contributions
10 649
-
1 026
-
health
3 833
-
369
-
total
14 482
-
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
28 112
1 713
2 709
2 821
After tax
-22 612
3 787
2 791
2 679
Living cost
28 964
28 964
28 964
28 964
Free-cash
-51 576
-25 177
-26 173
-26 285

Estimated living cost  is ₽28964 per week

₽21540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48660
-₽46044
-₽36391
-₽32977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
22
unemployment
-
-
-
5 803
income
-
-
-
-
pensions
-
-
-
1 745
health
-
-
-
722
surtax
-
-
-
-
total
-
-
-
8 292
Employee
41 359
37 705
37 705
-
unemployment
1 241
1 131
284
-
other
413
377
95
-
health
1 600
1 460
364
-
pensions
4 236
3 860
966
-
income
3 684
2 781
4 429
-
total
11 174
9 609
6 138
-
Employer
41 359
37 705
37 705
-
payroll
1 241
1 131
1 131
-
other
1 964
1 790
1 551
-
accident
537
490
11
-
pensions
5 191
4 733
1 185
-
unemployment
1 241
1 131
284
-
chamber of commerce
165
151
151
-
surtax
-
-
-
-
health
1 564
1 426
357
-
total
11 903
10 852
4 670
-
Corporate
3 591
3 591
3 591
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

898
898
898
-
total
898
898
898
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 975
21 359
11 706
8 292
After tax
-18 475
-15 859
-6 206
-2 792
Living cost
30 185
30 185
30 185
30 185
Free-cash
-48 660
-46 044
-36 391
-32 977

Estimated living cost  is ₽30185 per week

₽18107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9516
-₽6788
-₽7613
-₽6568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 016
-
5 500
-
income
3 003
-
1 100
-
total
3 003
-
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
3 003
275
1 100
55
After tax
2 497
5 225
4 400
5 445
Living cost
12 013
12 013
12 013
12 013
Free-cash
-9 516
-6 788
-7 613
-6 568

Estimated living cost  is ₽12013 per week

₽8129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
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.
₽2976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42853
-₽21591
-₽22265
-₽22065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
9
income
-
-
-
632
pensions
-
-
-
1 004
health
-
-
-
542
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.

41 839
-
4 757
-
unemployment
59
-
7
-
health
2 702
-
307
-
pensions
6 485
-
738
-
income
7 215
-
593
-
total
16 461
-
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.

41 839
-
4 757
-
pensions
3 702
-
420
-
unemployment
25
-
4
-
health
2 787
-
318
-
total
6 514
-
742
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
22 975
1 713
2 387
2 187
After tax
-17 475
3 787
3 113
3 313
Living cost
25 378
25 378
25 378
25 378
Free-cash
-42 853
-21 591
-22 265
-22 065

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽133073
-₽36755
-₽46827
-₽36540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
934
income
-
-
-
1 005
total
-
-
-
1 939
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
2 154
12 226
1 939
After tax
-92 972
3 346
-6 726
3 561
Living cost
40 101
40 101
40 101
40 101
Free-cash
-133 073
-36 755
-46 827
-36 540

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48350
-₽26548
-₽26294
-₽26408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
social contributions

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

-
-
-
1 910
income
-
-
-
321
surtax
-
-
-
-
total
-
-
-
2 231
Employee
43 515
-
4 444
-
surtax
-
-
-
-
social contributions
4 787
-
488
-
income
9 051
-
573
-
total
13 838
-
1 061
-
Employer
43 515
-
4 444
-
social contributions
10 335
-
1 056
-
total
10 335
-
1 056
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 217
-
-
total
-
1 217
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 173
2 371
2 117
2 231
After tax
-18 673
3 129
3 383
3 269
Living cost
29 677
29 677
29 677
29 677
Free-cash
-48 350
-26 548
-26 294
-26 408

Estimated living cost  is ₽29677 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72267
-₽42924
-₽42093
-₽44238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171
social contributions
-
-
-
156
income
-
-
-
-
pensions
-
-
-
3 463
health
-
-
-
251
surtax
-
-
-
-
total
-
-
-
4 041
Employee
59 259
-
4 189
-
surtax
-
-
-
-
pensions
6 703
-
472
-
social contributions
1 688
-
119
-
income
5 170
-
-
-
total
13 561
-
591
-
Employer
59 259
-
4 189
-
other
2 045
-
144
-
pensions
9 737
-
686
-
unemployment
2 401
-
169
-
social contributions
178
-
13
-
health
4 148
-
293
-
total
18 509
-
1 305
-
Corporate
-
5 500
-
-
income
-
1 541
-
-
surtax
-
-
-
-
total
-
1 541
-
-
Dividends
-
3 959
-
-
withholding
-
506
-
-
social contributions
-
680
-
-
surtax
-
-
-
-
total
-
1 186
-
-
Income
5 500
5 500
5 500
5 500
Total tax
32 070
2 727
1 896
4 041
After tax
-26 570
2 773
3 604
1 459
Living cost
45 697
45 697
45 697
45 697
Free-cash
-72 267
-42 924
-42 093
-44 238

Estimated living cost  is ₽45697 per week

₽30927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29633
-₽23490
-₽23990
-₽24151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
social contributions
-
-
-
1 210
total
-
-
-
1 210
Employee
30 417
-
4 762
-
social contributions
1 977
-
311
-
income
-
-
-
-
total
1 977
-
311
-
Employer
30 417
-
4 762
-
social contributions
4 715
-
738
-
total
4 715
-
738
-
Corporate
-
5 500
-
-
income
-
549
-
-
total
-
549
-
-
Dividends
-
4 951
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 692
549
1 049
1 210
After tax
-1 192
4 951
4 451
4 290
Living cost
28 441
28 441
28 441
28 441
Free-cash
-29 633
-23 490
-23 990
-24 151

Estimated living cost  is ₽28441 per week

₽18389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽200379
-₽200379
-₽200379
-₽41201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
pensions
-
-
-
819
municipal
-
-
-
-
labour market
-
-
-
374
national
-
-
-
-
total
-
-
-
1 193
Employee
192 078
192 078
192 078
-
national
23 466
23 466
23 466
-
municipal
40 902
40 902
40 902
-
labour market
15 344
15 344
15 344
-
pensions
273
273
273
-
total
79 985
79 985
79 985
-
Employer
192 078
192 078
192 078
-
municipal
40 967
40 967
40 967
-
pensions
546
546
546
-
national
23 507
23 507
23 507
-
labour market
15 366
15 366
15 366
-
total
80 386
80 386
80 386
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
160 371
160 371
160 371
1 193
After tax
-154 871
-154 871
-154 871
4 307
Living cost
45 508
45 508
45 508
45 508
Free-cash
-200 379
-200 379
-200 379
-41 201

Estimated living cost  is ₽45508 per week

₽31146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34130
-₽20482
-₽18022
-₽22152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
-
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
6 725
Employee
32 920
-
4 569
-
health
3 770
-
523
-
pensions
3 707
-
514
-
income
4 516
-
627
-
total
11 993
-
1 664
-
Employer
32 920
-
4 569
-
accident
550
-
76
-
pensions
5 353
-
743
-
unemployment
807
-
112
-
total
6 710
-
931
-
Corporate
-
5 500
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 703
5 055
2 595
6 725
After tax
-13 203
445
2 905
-1 225
Living cost
20 927
20 927
20 927
20 927
Free-cash
-34 130
-20 482
-18 022
-22 152

Estimated living cost  is ₽20927 per week

₽15233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53669
-₽32520
-₽32845
-₽31814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
989
national
-
-
-
-
health
-
-
-
-
total
-
-
-
989
Employee
49 778
-
4 626
-
national
822
-
-
-
unemployment
747
-
70
-
health
372
-
-
-
municipal
8 153
-
763
-
pensions
3 359
-
312
-
total
13 453
-
1 145
-
Employer
49 778
-
4 626
-
accident
50
-
5
-
pensions
8 636
-
803
-
unemployment
323
-
31
-
health
382
-
36
-
total
9 391
-
875
-
Corporate
-
5 500
-
-
income
-
1 101
-
-
total
-
1 101
-
-
Dividends

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

-
3 300
-
-
municipal
-
594
-
-
national
-
-
-
-
total
-
594
-
-
Income
5 500
5 500
5 500
5 500
Total tax
22 844
1 695
2 020
989
After tax
-17 344
3 805
3 480
4 511
Living cost
36 325
36 325
36 325
36 325
Free-cash
-53 669
-32 520
-32 845
-31 814

Estimated living cost  is ₽36325 per week

₽23727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31006
-₽37801
-₽29529
-₽22934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 968
social contributions
-
-
-
5 611
income
-
-
-
-
health
-
-
-
917
total
-
-
-
6 528
Employee
72 754
72 754
72 754
-
health
564
1 237
417
-
social contributions
2 751
6 038
2 036
-
income
7 922
6 735
8 180
-
total
11 237
14 010
10 633
-
Employer
72 754
72 754
72 754
-
social contributions
2 751
6 038
2 036
-
health
612
1 347
454
-
total
3 363
7 385
2 490
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 600
21 395
13 123
6 528
After tax
-9 100
-15 895
-7 623
-1 028
Living cost
21 906
21 906
21 906
21 906
Free-cash
-31 006
-37 801
-29 529
-22 934

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18454
-₽10469
-₽15176
-₽18991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
-
pensions
-
-
-
6 018
health
-
-
-
3 424
total
-
-
-
9 469
Employee

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

21 717
-
3 801
-
unemployment
108
-
83
-
health
1 846
-
1 400
-
pensions
3 257
-
2 472
-
income
1 485
-
-
-
total
6 696
-
3 955
-
Employer

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

21 717
-
3 801
-
pensions
1 194
-
907
-
unemployment
108
-
83
-
health
934
-
709
-
total
2 236
-
1 699
-
Corporate
-
5 500
-
-
income
-
496
-
-
total
-
496
-
-
Dividends
-
5 004
-
-
withholding
-
451
-
-
total
-
451
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 932
947
5 654
9 469
After tax
-3 432
4 553
-154
-3 969
Living cost
15 022
15 022
15 022
15 022
Free-cash
-18 454
-10 469
-15 176
-18 991

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40638
-₽22231
-₽32598
-₽26621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
142
income
-
-
-
-
pensions
-
-
-
5 758
accident
-
-
-
183
total
-
-
-
6 103
Employee
34 984
-
-
-
unemployment
542
-
490
-
other
34
-
32
-
pensions
1 645
-
1 485
-
income
6 745
-
-
-
total
8 966
-
2 007
-
Employer
34 984
-
-
-
other
280
-
253
-
accident
693
-
625
-
pensions
8 256
-
7 457
-
unemployment
1 925
-
1 738
-
total
11 154
-
10 073
-
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.

-
824
-
-
total
-
824
-
-
Dividends
-
4 676
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 120
1 713
12 080
6 103
After tax
-14 620
3 787
-6 580
-603
Living cost
26 018
26 018
26 018
26 018
Free-cash
-40 638
-22 231
-32 598
-26 621

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1348
₽1642
₽1094
₽938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
874
pensions
-
-
-
1 100
health
-
-
-
798
total
-
-
-
2 772
Employee
2 727
-
4 490
-
unemployment
27
-
45
-
health
136
-
224
-
pensions
245
-
404
-
income
528
-
932
-
total
936
-
1 605
-
Employer
2 727
-
4 490
-
pensions
300
-
494
-
unemployment
55
-
90
-
health
259
-
427
-
total
614
-
1 011
-
Corporate
2 160
5 500
-
-
income
475
1 210
-
-
total
475
1 210
-
-
Dividends
1 684
4 290
-
-
withholding
337
858
-
-
total
337
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 362
2 068
2 616
2 772
After tax
3 138
3 432
2 884
2 728
Living cost
1 790
1 790
1 790
1 790
Free-cash
1 348
1 642
1 094
938

Estimated living cost  is ₽1790 per week

₽1064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23537
-₽12359
-₽12766
-₽12973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
83
income
-
-
-
61
pensions
-
-
-
1 430
health
-
-
-
566
total
-
-
-
2 140
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.

24 629
-
4 625
-
unemployment
185
-
37
-
health
1 268
-
252
-
pensions
3 448
-
684
-
income
3 395
-
85
-
total
8 296
-
1 058
-
Employer

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

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

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

24 629
-
4 625
-
pensions
2 955
-
586
-
unemployment
185
-
37
-
health
1 268
-
252
-
total
4 408
-
875
-
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
12 704
1 526
1 933
2 140
After tax
-7 204
3 974
3 567
3 360
Living cost
16 333
16 333
16 333
16 333
Free-cash
-23 537
-12 359
-12 766
-12 973

Estimated living cost  is ₽16333 per week

₽10997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39943
-₽22378
-₽22124
-₽22238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
social contributions

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

-
-
-
1 910
income
-
-
-
321
surtax
-
-
-
-
total
-
-
-
2 231
Employee
36 722
-
4 444
-
surtax
-
-
-
-
social contributions
4 040
-
488
-
income
7 175
-
573
-
total
11 215
-
1 061
-
Employer
36 722
-
4 444
-
social contributions
8 721
-
1 056
-
total
8 721
-
1 056
-
Corporate
-
5 500
-
-
income
-
1 154
-
-
surtax
-
-
-
-
total
-
1 154
-
-
Dividends
-
4 346
-
-
withholding
-
1 217
-
-
total
-
1 217
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 936
2 371
2 117
2 231
After tax
-14 436
3 129
3 383
3 269
Living cost
25 507
25 507
25 507
25 507
Free-cash
-39 943
-22 378
-22 124
-22 238

Estimated living cost  is ₽25507 per week

₽18066
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.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54764
-₽29465
-₽39832
-₽33855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20
unemployment
-
-
-
142
income
-
-
-
-
pensions
-
-
-
5 758
accident
-
-
-
183
total
-
-
-
6 103
Employee
45 694
-
-
-
unemployment
707
-
490
-
other
45
-
32
-
pensions
2 147
-
1 485
-
income
9 544
-
-
-
total
12 443
-
2 007
-
Employer
45 694
-
-
-
other
366
-
253
-
accident
905
-
625
-
pensions
10 784
-
7 457
-
unemployment
2 514
-
1 738
-
total
14 569
-
10 073
-
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.

-
824
-
-
total
-
824
-
-
Dividends
-
4 676
-
-
withholding
-
889
-
-
total
-
889
-
-
Income
5 500
5 500
5 500
5 500
Total tax
27 012
1 713
12 080
6 103
After tax
-21 512
3 787
-6 580
-603
Living cost
33 252
33 252
33 252
33 252
Free-cash
-54 764
-29 465
-39 832
-33 855

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20265
-₽11564
-₽13299
-₽13238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
25
income
-
-
-
825
pensions

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

-
-
-
913
health
-
-
-
709
total
-
-
-
2 472
Employee
21 539
-
4 290
-
accident

We are using the highest rate at 1.1%.

237
-
68
-
health
991
-
284
-
pensions

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

1 891
-
541
-
income
2 154
-
429
-
total
5 273
-
1 322
-
Employer
21 539
-
4 290
-
accident

We are using the highest rate at 1.1%.

237
-
68
-
pensions

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

2 374
-
680
-
unemployment
129
-
37
-
health
1 486
-
426
-
total
4 226
-
1 211
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
248
-
-
total
-
248
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 499
798
2 533
2 472
After tax
-3 999
4 702
2 967
3 028
Living cost
16 266
16 266
16 266
16 266
Free-cash
-20 265
-11 564
-13 299
-13 238

Estimated living cost  is ₽16266 per week

₽10758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41577
-₽33433
-₽37492
-₽37492
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
-
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.

-
-
-
6 464
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.

-
-
-
-
total
-
-
-
6 464
Employee

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

47 076
-
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.

214
-
-
-
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.

6 464
-
6 464
-
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.

3 871
-
-
-
total
10 549
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
trade
-
790
-
-
income
-
824
-
-
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
-
151
-
-
total
-
1 810
-
-
Dividends
-
3 690
-
-
withholding
-
564
-
-
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
-
-
total
-
595
-
-
Income
5 500
5 500
5 500
5 500
Total tax
10 549
2 405
6 464
6 464
After tax
-5 049
3 095
-964
-964
Living cost
36 528
36 528
36 528
36 528
Free-cash
-41 577
-33 433
-37 492
-37 492

Estimated living cost  is ₽36528 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽68510
-₽50046
-₽48396
-₽48396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
74 009
-
5 500
-
social contributions
6 149
-
-
-
income
13 965
-
-
-
total
20 114
-
-
-
Employer
74 009
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
688
-
-
total
-
688
-
-
Dividends
-
4 812
-
-
withholding
-
962
-
-
total
-
962
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 114
1 650
-
-
After tax
-14 614
3 850
5 500
5 500
Living cost
53 896
53 896
53 896
53 896
Free-cash
-68 510
-50 046
-48 396
-48 396

Estimated living cost  is ₽53896 per week

₽41003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45077
-₽33594
-₽32135
-₽61521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 744
income
-
-
-
26 932
total
-
-
-
32 676
Employee
43 403
-
3 855
-
social contributions
4 349
-
1 645
-
income
4 710
-
-
-
total
9 059
-
1 645
-
Employer
43 403
-
3 855
-
social contributions
4 349
-
1 645
-
total
4 349
-
1 645
-
Corporate
-
5 500
-
-
income
-
1 925
-
-
total
-
1 925
-
-
Dividends
-
3 575
-
-
social contributions
2 824
2 824
-
-
total
2 824
2 824
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 232
4 749
3 290
32 676
After tax
-10 732
751
2 210
-27 176
Living cost
34 345
34 345
34 345
34 345
Free-cash
-45 077
-33 594
-32 135
-61 521

Estimated living cost  is ₽34345 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47599
-₽30417
-₽30220
-₽30138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
1 100
pensions
-
-
-
-
total
-
-
-
1 100
Employee
47 409
-
5 398
-
health
618
-
-
-
pensions
3 618
-
-
-
income
8 634
-
1 079
-
total
12 870
-
1 079
-
Employer
47 409
-
5 398
-
pensions
4 790
-
-
-
health
901
-
102
-
total
5 691
-
102
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
334
-
-
total
-
334
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 561
1 378
1 181
1 100
After tax
-13 061
4 122
4 319
4 400
Living cost
34 538
34 538
34 538
34 538
Free-cash
-47 599
-30 417
-30 220
-30 138

Estimated living cost  is ₽34538 per week

₽23693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38050
-₽22554
-₽20094
-₽24224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
-
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
6 725
Employee
36 179
-
4 569
-
health
4 142
-
523
-
pensions
4 074
-
514
-
income
4 963
-
627
-
total
13 179
-
1 664
-
Employer
36 179
-
4 569
-
accident
604
-
76
-
pensions
5 882
-
743
-
unemployment
886
-
112
-
total
7 372
-
931
-
Corporate
-
5 500
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 551
5 055
2 595
6 725
After tax
-15 051
445
2 905
-1 225
Living cost
22 999
22 999
22 999
22 999
Free-cash
-38 050
-22 554
-20 094
-24 224

Estimated living cost  is ₽22999 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14941
-₽8101
-₽9560
-₽9560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
76
income
-
-
-
550
pensions
-
-
-
1 160
health insurance
-
-
-
466
work injury
-
-
-
32
total
-
-
-
2 284
Employee

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

20 442
-
5 500
-
health insurance
1 513
-
466
-
unemployment
245
-
76
-
work injury
102
-
32
-
pensions
3 761
-
1 160
-
income
2 044
-
550
-
total
7 665
-
2 284
-
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
7 665
825
2 284
2 284
After tax
-2 165
4 675
3 216
3 216
Living cost
12 776
12 776
12 776
12 776
Free-cash
-14 941
-8 101
-9 560
-9 560

Estimated living cost  is ₽12776 per week

₽7915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽74229
-₽34796
-₽41805
-₽39525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
regional
-
-
-
-
social contributions
-
-
-
7 333
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 333
Employee
79 728
-
5 500
-
national
13 473
-
-
-
regional
1 204
-
-
-
municipal
476
-
-
-
social contributions
26 884
-
9 613
-
total
42 037
-
9 613
-
Employer
79 728
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
nationa
-
1 320
-
-
municipal
-
266
-
-
total
-
1 586
-
-
Dividends
-
3 915
-
-
withholding
-
1 018
-
-
total
-
1 018
-
-
Income
5 500
5 500
5 500
5 500
Total tax
42 037
2 604
9 613
7 333
After tax
-36 537
2 896
-4 113
-1 833
Living cost
37 692
37 692
37 692
37 692
Free-cash
-74 229
-34 796
-41 805
-39 525

Estimated living cost  is ₽37692 per week

₽26476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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