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
-₽26919
-₽32347
-₽31232
-₽31232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 760
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
-
-
-
6 760
Employee

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

37 848
-
5 500
-
income

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

1 057
-
-
-
surtax

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

58
-
-
-
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.

6 760
-
6 760
-
total
7 875
-
6 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
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
-
-
trade
-
866
-
-
chamber of commerce
-
158
-
-
total
-
1 893
-
-
Dividends
-
3 607
-
-
surtax

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

-
28
-
-
withholding
-
526
-
-
total
-
554
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 875
2 447
6 760
6 760
After tax
-2 375
3 053
-1 260
-1 260
Living cost
29 972
29 972
29 972
29 972
Free-cash
-32 347
-26 919
-31 232
-31 232

Estimated living cost  is ₽29972 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50307
-₽85366
-₽48958
-₽48860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
660
social contributions
-
-
-
59
total
-
-
-
719
Employee
83 306
-
4 755
-
national
15 945
-
-
-
pensions
3 332
-
190
-
municipal
10 290
-
-
-
total
29 567
-
190
-
Employer
83 306
-
4 755
-
social contributions
896
-
51
-
pensions
6 664
-
380
-
total
7 560
-
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
37 127
2 068
621
719
After tax
-31 627
3 432
4 879
4 781
Living cost
53 739
53 739
53 739
53 739
Free-cash
-85 366
-50 307
-48 860
-48 958

Estimated living cost  is ₽53739 per week

₽36526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽804
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16187
-₽30380
-₽19026
-₽18909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
824
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 115
total
-
-
-
3 939
Employee
28 915
-
3 166
-
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.

3 181
-
1 067
-
income
5 147
-
421
-
surtax
-
-
-
-
total
8 328
-
1 488
-
Employer
28 915
-
3 166
-
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.

6 965
-
2 334
-
surtax
-
-
-
-
total
6 965
-
2 334
-
Corporate
-
5 500
-
-
income

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

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

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

-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 293
1 100
3 822
3 939
After tax
-9 793
4 400
1 678
1 561
Living cost
20 587
20 587
20 587
20 587
Free-cash
-30 380
-16 187
-18 909
-19 026

Estimated living cost  is ₽20587 per week

₽13134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87208
-₽92762
-₽38284
-₽92762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
845
pensions
-
-
-
990
total
-
-
-
2 331
Employee
84 503
84 503
84 503
-
pensions
15 210
11 594
15 210
-
income

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

13 832
13 832
13 832
-
health
12 970
11 032
12 970
-
total
42 012
36 458
42 012
-
Employer
84 503
84 503
84 503
-
health
5 874
5 874
5 874
-
pensions
5 881
5 881
5 881
-
unemployment
3 042
3 042
3 042
-
total
14 797
14 797
14 797
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
56 809
51 255
56 809
2 331
After tax
-51 309
-45 755
-51 309
3 169
Living cost
41 453
41 453
41 453
41 453
Free-cash
-92 762
-87 208
-92 762
-38 284

Estimated living cost  is ₽41453 per week

₽29377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36574
-₽68612
-₽36836
-₽36638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
1 165
national
-
-
-
-
unemployment
-
-
-
6
accident
-
-
-
11
health
-
-
-
343
pensions
-
-
-
595
other
-
-
-
639
total
-
-
-
2 759
Employee
56 393
-
4 185
-
national
-
-
-
-
municipal
16 816
-
1 248
-
total
16 816
-
1 248
-
Employer
56 393
-
4 185
-
health
3 468
-
257
-
pensions
6 096
-
452
-
accident
113
-
8
-
other
6 553
-
486
-
unemployment
1 489
-
110
-
total
17 719
-
1 313
-
Corporate
-
5 500
-
-
income
-
1 210
-
-
total
-
1 210
-
-
Dividends
-
4 290
-
-
withholding
-
1 287
-
-
total
-
1 287
-
-
Income
5 500
5 500
5 500
5 500
Total tax
34 535
2 497
2 561
2 759
After tax
-29 035
3 003
2 939
2 741
Living cost
39 577
39 577
39 577
39 577
Free-cash
-68 612
-36 574
-36 638
-36 836

Estimated living cost  is ₽39577 per week

₽26230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
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.
₽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 Stockholm model

Close
Hamburg , Germany
-₽35849
-₽44682
-₽40133
-₽40133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 760
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
-
-
-
6 760
Employee

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

50 181
-
5 500
-
income

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

4 312
-
-
-
surtax

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

237
-
-
-
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.

6 760
-
6 760
-
total
11 309
-
6 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
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
-
-
trade
-
905
-
-
chamber of commerce
-
158
-
-
total
-
1 932
-
-
Dividends
-
3 568
-
-
surtax

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

-
28
-
-
withholding
-
516
-
-
total
-
544
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 309
2 476
6 760
6 760
After tax
-5 809
3 024
-1 260
-1 260
Living cost
38 873
38 873
38 873
38 873
Free-cash
-44 682
-35 849
-40 133
-40 133

Estimated living cost  is ₽38873 per week

₽25999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48972
-₽43561
-₽33424
-₽40320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 618
income
-
-
-
-
health
-
-
-
960
social contributions
-
-
-
5 868
total
-
-
-
6 828
Employee
76 091
76 091
76 091
-
social contributions
3 697
6 315
2 129
-
income
7 990
7 044
8 555
-
health
757
1 294
436
-
total
12 444
14 653
11 120
-
Employer
76 091
76 091
76 091
-
social contributions
3 697
6 315
2 129
-
health
824
1 408
475
-
total
4 521
7 723
2 604
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 965
22 376
13 724
6 828
After tax
-11 465
-16 876
-8 224
-1 328
Living cost
32 096
32 096
32 096
32 096
Free-cash
-43 561
-48 972
-40 320
-33 424

Estimated living cost  is ₽32096 per week

₽21941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19580
-₽28076
-₽16133
-₽18670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
128
income
-
-
-
588
health
-
-
-
598
pensions
-
-
-
855
total
-
-
-
2 169
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.

28 096
11 182
11 182
-
pensions
2 810
1 118
860
-
unemployment
421
168
129
-
income
3 435
1 367
1 439
-
health
1 967
783
602
-
total
8 633
3 436
3 030
-
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.

28 096
11 182
11 182
-
pensions
5 479
2 180
1 676
-
total
5 479
2 180
1 676
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 112
5 616
4 706
2 169
After tax
-8 612
-116
794
3 331
Living cost
19 464
19 464
19 464
19 464
Free-cash
-28 076
-19 580
-18 670
-16 133

Estimated living cost  is ₽19464 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19501
-₽32060
-₽22119
-₽22614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
1 465
pensions
-
-
-
2 253
total
-
-
-
3 718
Employee
28 072
-
1 692
-
pensions
561
-
225
-
unemployment
449
-
180
-
income
3 160
-
-
-
total
4 170
-
405
-
Employer
28 072
-
1 692
-
health
3 649
-
1 465
-
pensions
5 615
-
2 253
-
unemployment
225
-
90
-
total
9 489
-
3 808
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends
-
4 400
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 659
1 100
4 213
3 718
After tax
-8 159
4 400
1 287
1 782
Living cost
23 901
23 901
23 901
23 901
Free-cash
-32 060
-19 501
-22 614
-22 119

Estimated living cost  is ₽23901 per week

₽16393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21232
-₽35548
-₽23040
-₽18773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
249
income
-
-
-
-
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
6 863
Employee
34 099
-
4 569
-
pensions
3 840
-
515
-
income
4 678
-
627
-
health
3 904
-
523
-
total
12 422
-
1 665
-
Employer
34 099
-
4 569
-
pensions
5 545
-
743
-
accident
569
-
76
-
unemployment
835
-
112
-
total
6 949
-
931
-
Corporate
-
5 500
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 371
5 055
2 596
6 863
After tax
-13 871
445
2 904
-1 363
Living cost
21 677
21 677
21 677
21 677
Free-cash
-35 548
-21 232
-18 773
-23 040

Estimated living cost  is ₽21677 per week

₽15887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1201
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3231
-₽5070
-₽3011
-₽4056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
5 500
microenterprise

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

-
-
-
55
total
-
-
-
55
Employee
10 570
-
5 500
-
income
2 114
-
1 100
-
total
2 114
-
1 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

-
5 500
-
-
total
-
-
-
-
Dividends
-
5 500
-
-
withholding
-
275
-
-
total
-
275
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 114
275
1 100
55
After tax
3 386
5 225
4 400
5 445
Living cost
8 456
8 456
8 456
8 456
Free-cash
-5 070
-3 231
-4 056
-3 011

Estimated living cost  is ₽8456 per week

₽5241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽232
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22326
-₽39484
-₽24797
-₽23328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
368
health
-
-
-
473
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.

-
-
-
2 578
other
-
-
-
511
total
-
-
-
3 930
Employee
35 929
-
4 140
-
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.

2 514
-
289
-
unemployment
359
-
41
-
income
6 186
-
714
-
health
503
-
58
-
total
9 562
-
1 102
-
Employer
35 929
-
4 140
-
health
503
-
58
-
pensions

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

6 109
-
704
-
accident
287
-
34
-
other
1 797
-
522
-
unemployment
359
-
41
-
total
9 055
-
1 359
-
Corporate
-
5 500
-
-
income
-
1 155
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
304
-
-
total
-
304
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 617
1 459
2 461
3 930
After tax
-13 117
4 041
3 039
1 570
Living cost
26 367
26 367
26 367
26 367
Free-cash
-39 484
-22 326
-23 328
-24 797

Estimated living cost  is ₽26367 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽62367
-₽101464
-₽62087
-₽62170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 099
pensions
-
-
-
-
total
-
-
-
1 099
Employee
94 070
-
5 397
-
pensions
9 075
-
-
-
income
16 957
-
1 079
-
health
1 550
-
-
-
total
27 582
-
1 079
-
Employer
94 070
-
5 397
-
health
1 787
-
103
-
pensions
11 107
-
-
-
total
12 894
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
40 476
1 379
1 182
1 099
After tax
-34 976
4 121
4 318
4 401
Living cost
66 488
66 488
66 488
66 488
Free-cash
-101 464
-62 367
-62 170
-62 087

Estimated living cost  is ₽66488 per week

₽49821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8188
-₽14919
-₽9928
-₽10004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26
income
-
-
-
825
health
-
-
-
737
pensions

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

-
-
-
949
total
-
-
-
2 537
Employee
17 070
-
4 242
-
pensions

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

1 499
-
563
-
income
1 707
-
425
-
health
785
-
295
-
accident

We are using the highest rate at 1.1%.

188
-
71
-
total
4 179
-
1 354
-
Employer
17 070
-
4 242
-
health
1 178
-
443
-
pensions

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

1 881
-
707
-
accident

We are using the highest rate at 1.1%.

188
-
71
-
unemployment
102
-
38
-
total
3 349
-
1 259
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
5 500
5 500
5 500
5 500
Total tax
7 528
797
2 613
2 537
After tax
-2 028
4 703
2 887
2 963
Living cost
12 891
12 891
12 891
12 891
Free-cash
-14 919
-8 188
-10 004
-9 928

Estimated living cost  is ₽12891 per week

₽7526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽100626
-₽102305
-₽51702
-₽106180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
845
pensions
-
-
-
990
total
-
-
-
2 331
Employee
91 743
84 503
84 503
-
pensions
11 594
11 594
15 210
-
income

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

13 832
13 832
13 832
-
health
11 445
11 032
12 970
-
total
36 871
36 458
42 012
-
Employer
91 743
84 503
84 503
-
health
6 375
5 874
5 874
-
pensions
6 385
5 881
5 881
-
unemployment
3 303
3 042
3 042
-
total
16 063
14 797
14 797
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
52 934
51 255
56 809
2 331
After tax
-47 434
-45 755
-51 309
3 169
Living cost
54 871
54 871
54 871
54 871
Free-cash
-102 305
-100 626
-106 180
-51 702

Estimated living cost  is ₽54871 per week

₽40477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20872
-₽43094
-₽21980
-₽21868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
473
health
-
-
-
742
social contributions
-
-
-
1 606
total
-
-
-
2 821
Employee
36 263
-
4 105
-
social contributions
2 357
-
267
-
income
4 352
-
493
-
solidarity contribution
-
-
-
-
health
4 896
-
554
-
total
11 605
-
1 314
-
Employer
36 263
-
4 105
-
social contributions
9 066
-
1 026
-
health
3 264
-
369
-
total
12 330
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 935
1 713
2 709
2 821
After tax
-18 435
3 787
2 791
2 679
Living cost
24 659
24 659
24 659
24 659
Free-cash
-43 094
-20 872
-21 868
-21 980

Estimated living cost  is ₽24659 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽38820
-₽82445
-₽43924
-₽46309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
-
national
-
-
-
-
regional
-
-
-
-
social contributions
-
-
-
7 669
total
-
-
-
7 669
Employee
87 944
-
5 500
-
national
15 239
-
-
-
social contributions
29 655
-
10 054
-
municipal
466
-
-
-
regional
830
-
-
-
total
46 190
-
10 054
-
Employer
87 944
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
214
-
-
nationa
-
1 320
-
-
total
-
1 534
-
-
Dividends
-
3 966
-
-
withholding
-
1 031
-
-
total
-
1 031
-
-
Income
5 500
5 500
5 500
5 500
Total tax
46 190
2 565
10 054
7 669
After tax
-40 690
2 935
-4 554
-2 169
Living cost
41 755
41 755
41 755
41 755
Free-cash
-82 445
-38 820
-46 309
-43 924

Estimated living cost  is ₽41755 per week

₽29106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18377
-₽34112
-₽20480
-₽21367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
225
income
-
-
-
338
health
-
-
-
939
surtax
-
-
-
-
pensions
-
-
-
2 642
other
-
-
-
-
total
-
-
-
4 144
Employee
32 723
-
2 721
-
pensions
2 182
-
881
-
unemployment
2 278
-
918
-
income
5 485
-
116
-
other
-
-
-
-
surtax
107
-
-
-
health
836
-
336
-
total
10 888
-
2 251
-
Employer
32 723
-
2 721
-
health
1 489
-
601
-
pensions
4 362
-
1 760
-
other
-
-
-
-
unemployment
1 037
-
419
-
total
6 888
-
2 780
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
17 776
2 041
5 031
4 144
After tax
-12 276
3 459
469
1 356
Living cost
21 836
21 836
21 836
21 836
Free-cash
-34 112
-18 377
-21 367
-20 480

Estimated living cost  is ₽21836 per week

₽13351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41302
-₽65565
-₽41022
-₽41105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 099
pensions
-
-
-
-
total
-
-
-
1 099
Employee
63 043
-
5 397
-
pensions
5 351
-
-
-
income
11 354
-
1 079
-
health
915
-
-
-
total
17 620
-
1 079
-
Employer
63 043
-
5 397
-
health
1 198
-
103
-
pensions
6 824
-
-
-
total
8 022
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 642
1 379
1 182
1 099
After tax
-20 142
4 121
4 318
4 401
Living cost
45 423
45 423
45 423
45 423
Free-cash
-65 565
-41 302
-41 105
-41 022

Estimated living cost  is ₽45423 per week

₽34030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽74674
-₽93434
-₽72610
-₽75556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
56
national
-
-
-
-
regional
-
-
-
-
health
-
-
-
252
pensions
-
-
-
506
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
total
-
-
-
923
Employee
90 329
-
3 502
-
national
428
-
-
-
city
969
-
18
-
pensions
7 589
-
1 883
-
unemployment
-
-
-
-
health
204
-
8
-
regional
2 958
-
-
-
total
12 148
-
1 909
-
Employer
90 329
-
3 502
-
health
204
-
8
-
pensions
7 589
-
1 883
-
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.

1 806
-
69
-
unemployment
-
-
-
-
total
9 599
-
1 960
-
Corporate
-
5 500
-
-
national
-
468
-
-
regional
-
1 164
-
-
total
-
1 632
-
-
Dividends
-
3 868
-
-
withholding
-
1 354
-
-
total
-
1 354
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 747
2 986
3 869
923
After tax
-16 247
2 514
1 631
4 577
Living cost
77 188
77 188
77 188
77 188
Free-cash
-93 434
-74 674
-75 556
-72 610

Estimated living cost  is ₽77188 per week

₽50194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽948
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42336
-₽53969
-₽46591
-₽46591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 760
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
-
-
-
6 760
Employee

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

59 469
-
5 500
-
income

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

6 993
-
-
-
surtax

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

385
-
-
-
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.

6 760
-
6 760
-
total
14 138
-
6 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
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
-
-
trade
-
943
-
-
chamber of commerce
-
158
-
-
total
-
1 970
-
-
Dividends
-
3 530
-
-
surtax

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

-
28
-
-
withholding
-
507
-
-
total
-
535
-
-
Income
5 500
5 500
5 500
5 500
Total tax
14 138
2 505
6 760
6 760
After tax
-8 638
2 995
-1 260
-1 260
Living cost
45 331
45 331
45 331
45 331
Free-cash
-53 969
-42 336
-46 591
-46 591

Estimated living cost  is ₽45331 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31084
-₽50074
-₽32550
-₽30255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
263
surtax
-
-
-
-
pensions
-
-
-
3 605
other
-
-
-
171
social contributions
-
-
-
156
total
-
-
-
4 195
Employee
42 351
-
4 193
-
pensions
4 788
-
473
-
social contributions
1 207
-
120
-
income
2 499
-
-
-
surtax
-
-
-
-
total
8 494
-
593
-
Employer
42 351
-
4 193
-
social contributions
128
-
13
-
health
2 965
-
293
-
pensions
6 957
-
687
-
other
1 461
-
145
-
unemployment
1 714
-
169
-
total
13 225
-
1 307
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 719
2 729
1 900
4 195
After tax
-16 219
2 771
3 600
1 305
Living cost
33 855
33 855
33 855
33 855
Free-cash
-50 074
-31 084
-30 255
-32 550

Estimated living cost  is ₽33855 per week

₽21347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27730
-₽44110
-₽29196
-₽26901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
263
surtax
-
-
-
-
pensions
-
-
-
3 605
other
-
-
-
171
social contributions
-
-
-
156
total
-
-
-
4 195
Employee
37 804
-
4 193
-
pensions
4 276
-
473
-
social contributions
1 078
-
120
-
income
1 949
-
-
-
surtax
-
-
-
-
total
7 303
-
593
-
Employer
37 804
-
4 193
-
social contributions
113
-
13
-
health
2 646
-
293
-
pensions
6 212
-
687
-
other
1 305
-
145
-
unemployment
1 530
-
169
-
total
11 806
-
1 307
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 109
2 729
1 900
4 195
After tax
-13 609
2 771
3 600
1 305
Living cost
30 501
30 501
30 501
30 501
Free-cash
-44 110
-27 730
-26 901
-29 196

Estimated living cost  is ₽30501 per week

₽17689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
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.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19139
-₽30651
-₽18906
-₽18082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
824
health
-
-
-
873
social contributions
-
-
-
1 726
total
-
-
-
3 423
Employee
33 551
-
5 500
-
social contributions
4 631
-
1 726
-
income
5 596
-
-
-
health
2 342
-
873
-
total
12 569
-
2 599
-
Employer
33 551
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income

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

-
274
-
-
total
-
274
-
-
Dividends
-
5 226
-
-
social contributions
1 726
1 726
-
-
health
873
873
-
-
withholding
-
783
-
-
total
2 599
3 382
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 168
3 656
2 599
3 423
After tax
-9 668
1 844
2 901
2 077
Living cost
20 983
20 983
20 983
20 983
Free-cash
-30 651
-19 139
-18 082
-18 906

Estimated living cost  is ₽20983 per week

₽14042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51902
-₽59316
-₽38235
-₽41802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 069
income
-
-
-
-
chamber of commerce
-
-
-
23
health
-
-
-
755
surtax
-
-
-
195
pensions
-
-
-
1 825
total
-
-
-
8 867
Employee
49 453
39 435
39 435
-
pensions
5 065
4 037
1 010
-
unemployment
1 483
1 183
297
-
income
5 630
2 909
4 633
-
other
494
394
100
-
health
1 914
1 527
381
-
total
14 586
10 050
6 421
-
Employer
49 453
39 435
39 435
-
chamber of commerce
197
158
158
-
health
1 868
1 491
374
-
payroll
1 483
1 183
1 183
-
pensions
6 206
4 950
1 239
-
surtax
195
195
195
-
accident
642
513
6
-
other
2 349
1 872
1 622
-
unemployment
1 483
1 183
297
-
total
14 423
11 545
5 074
-
Corporate
3 756
3 756
3 756
-
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.

939
939
939
-
total
939
939
939
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 948
22 534
12 434
8 867
After tax
-24 448
-17 034
-6 934
-3 367
Living cost
34 868
34 868
34 868
34 868
Free-cash
-59 316
-51 902
-41 802
-38 235

Estimated living cost  is ₽34868 per week

₽23255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32655
-₽85888
-₽35885
-₽33526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
71
communal

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

-
-
-
17
social contributions
-
-
-
5 217
total
-
-
-
5 305
Employee

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

70 782
-
4 259
-
national
21 761
-
926
-
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.

5 309
-
319
-
communal

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

3 692
-
222
-
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.

616
-
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.

3 326
-
201
-
total
34 704
-
1 706
-
Employer

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

70 782
-
4 259
-
health

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

4 353
-
261
-
pensions

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

6 272
-
377
-
surtax
8 026
-
484
-
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.

920
-
56
-
unemployment

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

1 033
-
62
-
total
20 604
-
1 240
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
surtax
-
23
-
-
total
-
1 123
-
-
Dividends
-
4 377
-
-
withholding

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

-
952
-
-
total
-
952
-
-
Income
5 500
5 500
5 500
5 500
Total tax
55 308
2 075
2 946
5 305
After tax
-49 808
3 425
2 554
195
Living cost
36 080
36 080
36 080
36 080
Free-cash
-85 888
-32 655
-33 526
-35 885

Estimated living cost  is ₽36080 per week

₽23240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31948
-₽59458
-₽36619
-₽42871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
148
accident
-
-
-
192
income
-
-
-
-
pensions
-
-
-
6 022
other
-
-
-
21
total
-
-
-
6 383
Employee
49 257
-
-
-
pensions
2 315
-
1 553
-
unemployment
764
-
513
-
income
10 393
-
-
-
other
49
-
34
-
total
13 521
-
2 100
-
Employer
49 257
-
-
-
pensions
11 624
-
7 799
-
accident
975
-
653
-
other
392
-
265
-
unemployment
2 710
-
1 818
-
total
15 701
-
10 535
-
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
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 222
1 712
12 635
6 383
After tax
-23 722
3 788
-7 135
-883
Living cost
35 736
35 736
35 736
35 736
Free-cash
-59 458
-31 948
-42 871
-36 619

Estimated living cost  is ₽35736 per week

₽26316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50012
-₽78389
-₽59764
-₽59767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
424
income
-
-
-
-
communal
-
-
-
-
health
-
-
-
3 530
surtax
-
-
-
-
pensions
-
-
-
7 534
total
-
-
-
11 488
Employee
74 937
-
-
-
pensions
5 994
-
3 767
-
income
7 238
-
-
-
surtax
4 593
-
-
-
health
3 335
-
2 096
-
total
21 160
-
5 863
-
Employer
74 937
-
-
-
health
2 285
-
1 437
-
pensions
5 994
-
3 767
-
accident
674
-
424
-
total
8 953
-
5 628
-
Corporate
-
5 500
-
-
income
-
824
-
-
surtax
-
58
-
-
communal
-
-
-
-
total
-
882
-
-
Dividends
-
4 617
-
-
income
-
161
-
-
withholding
-
693
-
-
total
-
854
-
-
Income
5 500
5 500
5 500
5 500
Total tax
30 113
1 736
11 491
11 488
After tax
-24 613
3 764
-5 991
-5 988
Living cost
53 776
53 776
53 776
53 776
Free-cash
-78 389
-50 012
-59 767
-59 764

Estimated living cost  is ₽53776 per week

₽40340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18767
-₽34839
-₽20870
-₽21757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
225
income
-
-
-
338
health
-
-
-
939
surtax
-
-
-
-
pensions
-
-
-
2 642
other
-
-
-
-
total
-
-
-
4 144
Employee
33 324
-
2 721
-
pensions
2 223
-
881
-
unemployment
2 319
-
918
-
income
5 587
-
116
-
other
-
-
-
-
surtax
118
-
-
-
health
851
-
336
-
total
11 098
-
2 251
-
Employer
33 324
-
2 721
-
health
1 515
-
601
-
pensions
4 443
-
1 760
-
other
-
-
-
-
unemployment
1 057
-
419
-
total
7 015
-
2 780
-
Corporate
-
5 500
-
-
income
-
1 431
-
-
total
-
1 431
-
-
Dividends
-
4 069
-
-
withholding
-
610
-
-
total
-
610
-
-
Income
5 500
5 500
5 500
5 500
Total tax
18 113
2 041
5 031
4 144
After tax
-12 613
3 459
469
1 356
Living cost
22 226
22 226
22 226
22 226
Free-cash
-34 839
-18 767
-21 757
-20 870

Estimated living cost  is ₽22226 per week

₽13419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23766
-₽49392
-₽28825
-₽31210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
-
national
-
-
-
-
regional
-
-
-
-
social contributions
-
-
-
7 669
total
-
-
-
7 669
Employee
54 891
-
5 500
-
national
8 696
-
-
-
social contributions
18 510
-
10 054
-
municipal
291
-
-
-
regional
739
-
-
-
total
28 236
-
10 054
-
Employer
54 891
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
274
-
-
nationa
-
1 320
-
-
total
-
1 594
-
-
Dividends
-
3 906
-
-
withholding
-
1 016
-
-
total
-
1 016
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 236
2 610
10 054
7 669
After tax
-22 736
2 890
-4 554
-2 169
Living cost
26 656
26 656
26 656
26 656
Free-cash
-49 392
-23 766
-31 210
-28 825

Estimated living cost  is ₽26656 per week

₽16578
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
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.
₽6922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26599
-₽54379
-₽27707
-₽27595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
473
health
-
-
-
742
social contributions
-
-
-
1 606
total
-
-
-
2 821
Employee
44 686
-
4 105
-
social contributions
2 905
-
267
-
income
5 362
-
493
-
solidarity contribution
-
-
-
-
health
6 033
-
554
-
total
14 300
-
1 314
-
Employer
44 686
-
4 105
-
social contributions
11 171
-
1 026
-
health
4 022
-
369
-
total
15 193
-
1 395
-
Corporate
-
5 500
-
-
income
-
1 045
-
-
total
-
1 045
-
-
Dividends
-
4 455
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
5 500
5 500
5 500
5 500
Total tax
29 493
1 713
2 709
2 821
After tax
-23 993
3 787
2 791
2 679
Living cost
30 386
30 386
30 386
30 386
Free-cash
-54 379
-26 599
-27 595
-27 707

Estimated living cost  is ₽30386 per week

₽22597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽5580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48409
-₽51144
-₽34742
-₽38311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 069
income
-
-
-
-
chamber of commerce
-
-
-
23
health
-
-
-
755
surtax
-
-
-
-
pensions
-
-
-
1 825
total
-
-
-
8 672
Employee
43 256
39 435
39 435
-
pensions
4 430
4 037
1 010
-
unemployment
1 298
1 183
297
-
income
3 853
2 909
4 633
-
other
432
394
100
-
health
1 673
1 527
381
-
total
11 686
10 050
6 421
-
Employer
43 256
39 435
39 435
-
chamber of commerce
173
158
158
-
health
1 636
1 491
374
-
payroll
1 298
1 183
1 183
-
pensions
5 429
4 950
1 239
-
surtax
-
-
-
-
accident
561
513
8
-
other
2 054
1 872
1 622
-
unemployment
1 298
1 183
297
-
total
12 449
11 350
4 881
-
Corporate
3 756
3 756
3 756
-
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.

939
939
939
-
total
939
939
939
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 074
22 339
12 241
8 672
After tax
-19 574
-16 839
-6 741
-3 172
Living cost
31 570
31 570
31 570
31 570
Free-cash
-51 144
-48 409
-38 311
-34 742

Estimated living cost  is ₽31570 per week

₽18938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7953
-₽10973
-₽7733
-₽8778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 472
-
5 500
-
income
3 295
-
1 100
-
total
3 295
-
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
3 295
275
1 100
55
After tax
2 205
5 225
4 400
5 445
Living cost
13 178
13 178
13 178
13 178
Free-cash
-10 973
-7 953
-8 778
-7 733

Estimated living cost  is ₽13178 per week

₽8917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22755
-₽45071
-₽23227
-₽23431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8
income
-
-
-
631
health
-
-
-
541
pensions
-
-
-
1 005
total
-
-
-
2 185
Employee

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

43 758
-
4 758
-
pensions
6 783
-
738
-
unemployment
62
-
8
-
income
7 546
-
593
-
health
2 826
-
308
-
total
17 217
-
1 647
-
Employer

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

43 758
-
4 758
-
health
2 914
-
317
-
pensions
3 872
-
421
-
unemployment
26
-
4
-
total
6 812
-
742
-
Corporate
-
5 500
-
-
income
-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
669
-
-
total
-
669
-
-
Income
5 500
5 500
5 500
5 500
Total tax
24 029
1 713
2 389
2 185
After tax
-18 529
3 787
3 111
3 315
Living cost
26 542
26 542
26 542
26 542
Free-cash
-45 071
-22 755
-23 431
-23 227

Estimated living cost  is ₽26542 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
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.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43249
-₽155514
-₽43151
-₽55302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
971
social contributions
-
-
-
1 085
total
-
-
-
2 056
Employee
66 811
-
-
-
social contributions
5 479
-
781
-
income
14 737
-
-
-
total
20 216
-
781
-
Employer
66 811
-
-
-
social contributions
94 203
-
13 426
-
total
94 203
-
13 426
-
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
114 419
2 154
14 207
2 056
After tax
-108 919
3 346
-8 707
3 444
Living cost
46 595
46 595
46 595
46 595
Free-cash
-155 514
-43 249
-55 302
-43 151

Estimated living cost  is ₽46595 per week

₽30233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27911
-₽50820
-₽27772
-₽27657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income
-
-
-
321
surtax
-
-
-
-
social contributions

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

-
-
-
1 912
total
-
-
-
2 233
Employee
45 511
-
4 445
-
social contributions
5 006
-
488
-
income
9 466
-
575
-
surtax
-
-
-
-
total
14 472
-
1 063
-
Employer
45 511
-
4 445
-
social contributions
10 809
-
1 055
-
total
10 809
-
1 055
-
Corporate
-
5 500
-
-
income
-
1 155
-
-
surtax
-
-
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
1 217
-
-
total
-
1 217
-
-
Income
5 500
5 500
5 500
5 500
Total tax
25 281
2 372
2 118
2 233
After tax
-19 781
3 128
3 382
3 267
Living cost
31 039
31 039
31 039
31 039
Free-cash
-50 820
-27 911
-27 657
-27 772

Estimated living cost  is ₽31039 per week

₽23223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45022
-₽75833
-₽46488
-₽44193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
health
-
-
-
263
surtax
-
-
-
-
pensions
-
-
-
3 605
other
-
-
-
171
social contributions
-
-
-
156
total
-
-
-
4 195
Employee
61 977
-
4 193
-
pensions
7 010
-
473
-
social contributions
1 765
-
120
-
income
5 408
-
-
-
surtax
-
-
-
-
total
14 183
-
593
-
Employer
61 977
-
4 193
-
social contributions
186
-
13
-
health
4 338
-
293
-
pensions
10 183
-
687
-
other
2 139
-
145
-
unemployment
2 511
-
169
-
total
19 357
-
1 307
-
Corporate
-
5 500
-
-
income
-
1 540
-
-
surtax
-
-
-
-
total
-
1 540
-
-
Dividends
-
3 960
-
-
social contributions
-
682
-
-
surtax
-
-
-
-
withholding
-
507
-
-
total
-
1 189
-
-
Income
5 500
5 500
5 500
5 500
Total tax
33 540
2 729
1 900
4 195
After tax
-28 040
2 771
3 600
1 305
Living cost
47 793
47 793
47 793
47 793
Free-cash
-75 833
-45 022
-44 193
-46 488

Estimated living cost  is ₽47793 per week

₽32346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24795
-₽31243
-₽25454
-₽25291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 209
total
-
-
-
1 209
Employee
31 813
-
4 760
-
social contributions
2 067
-
310
-
income
-
-
-
-
total
2 067
-
310
-
Employer
31 813
-
4 760
-
social contributions
4 931
-
736
-
total
4 931
-
736
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
6 998
550
1 046
1 209
After tax
-1 498
4 950
4 454
4 291
Living cost
29 745
29 745
29 745
29 745
Free-cash
-31 243
-24 795
-25 291
-25 454

Estimated living cost  is ₽29745 per week

₽19233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽209617
-₽209617
-₽43278
-₽209617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
-
national
-
-
-
-
labour market
-
-
-
372
pensions
-
-
-
856
total
-
-
-
1 228
Employee
200 696
200 696
200 696
-
national
24 519
24 519
24 519
-
pensions
285
285
285
-
municipal
42 737
42 737
42 737
-
labour market
16 033
16 033
16 033
-
total
83 574
83 574
83 574
-
Employer
200 696
200 696
200 696
-
municipal
42 805
42 805
42 805
-
labour market
16 056
16 056
16 056
-
national
24 561
24 561
24 561
-
pensions
571
571
571
-
total
83 993
83 993
83 993
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
167 567
167 567
167 567
1 228
After tax
-162 067
-162 067
-162 067
4 272
Living cost
47 550
47 550
47 550
47 550
Free-cash
-209 617
-209 617
-209 617
-43 278

Estimated living cost  is ₽47550 per week

₽32544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20912
-₽34943
-₽22720
-₽18453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
249
income
-
-
-
-
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
6 863
Employee
33 596
-
4 569
-
pensions
3 783
-
515
-
income
4 609
-
627
-
health
3 847
-
523
-
total
12 239
-
1 665
-
Employer
33 596
-
4 569
-
pensions
5 463
-
743
-
accident
561
-
76
-
unemployment
823
-
112
-
total
6 847
-
931
-
Corporate
-
5 500
-
-
income

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

-
4 950
-
-
total
-
4 950
-
-
Dividends
-
550
-
-
withholding
-
105
-
-
total
-
105
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 086
5 055
2 596
6 863
After tax
-13 586
445
2 904
-1 363
Living cost
21 357
21 357
21 357
21 357
Free-cash
-34 943
-20 912
-18 453
-22 720

Estimated living cost  is ₽21357 per week

₽15546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34184
-₽56384
-₽33481
-₽34508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
990
national
-
-
-
-
health
-
-
-
-
total
-
-
-
990
Employee
52 062
-
4 627
-
national
860
-
-
-
pensions
3 513
-
312
-
unemployment
781
-
69
-
municipal
8 527
-
764
-
health
389
-
-
-
total
14 070
-
1 145
-
Employer
52 062
-
4 627
-
health
400
-
36
-
pensions
9 032
-
802
-
accident
53
-
4
-
unemployment
338
-
30
-
total
9 823
-
872
-
Corporate
-
5 500
-
-
income
-
1 100
-
-
total
-
1 100
-
-
Dividends

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

-
3 300
-
-
municipal
-
593
-
-
national
-
-
-
-
total
-
593
-
-
Income
5 500
5 500
5 500
5 500
Total tax
23 893
1 693
2 017
990
After tax
-18 393
3 807
3 483
4 510
Living cost
37 991
37 991
37 991
37 991
Free-cash
-56 384
-34 184
-34 508
-33 481

Estimated living cost  is ₽37991 per week

₽24816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39787
-₽32680
-₽24239
-₽31135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
37 618
income
-
-
-
-
health
-
-
-
960
social contributions
-
-
-
5 868
total
-
-
-
6 828
Employee
76 091
76 091
76 091
-
social contributions
2 877
6 315
2 129
-
income
8 285
7 044
8 555
-
health
590
1 294
436
-
total
11 752
14 653
11 120
-
Employer
76 091
76 091
76 091
-
social contributions
2 877
6 315
2 129
-
health
640
1 408
475
-
total
3 517
7 723
2 604
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
5 500
5 500
5 500
5 500
Total tax
15 269
22 376
13 724
6 828
After tax
-9 769
-16 876
-8 224
-1 328
Living cost
22 911
22 911
22 911
22 911
Free-cash
-32 680
-39 787
-31 135
-24 239

Estimated living cost  is ₽22911 per week

₽13731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11158
-₽19551
-₽20114
-₽16124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28
income
-
-
-
-
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
9 903
Employee

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

22 713
-
3 724
-
pensions
3 406
-
2 586
-
unemployment
113
-
86
-
income
1 553
-
-
-
health
1 930
-
1 465
-
total
7 002
-
4 137
-
Employer

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

22 713
-
3 724
-
health
976
-
742
-
pensions
1 249
-
948
-
unemployment
113
-
86
-
total
2 338
-
1 776
-
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
9 340
947
5 913
9 903
After tax
-3 840
4 553
-413
-4 403
Living cost
15 711
15 711
15 711
15 711
Free-cash
-19 551
-11 158
-16 124
-20 114

Estimated living cost  is ₽15711 per week

₽10024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23423
-₽42753
-₽28094
-₽34346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
148
accident
-
-
-
192
income
-
-
-
-
pensions
-
-
-
6 022
other
-
-
-
21
total
-
-
-
6 383
Employee
36 589
-
-
-
pensions
1 720
-
1 553
-
unemployment
567
-
513
-
income
7 054
-
-
-
other
36
-
34
-
total
9 377
-
2 100
-
Employer
36 589
-
-
-
pensions
8 634
-
7 799
-
accident
725
-
653
-
other
293
-
265
-
unemployment
2 013
-
1 818
-
total
11 665
-
10 535
-
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
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 042
1 712
12 635
6 383
After tax
-15 542
3 788
-7 135
-883
Living cost
27 211
27 211
27 211
27 211
Free-cash
-42 753
-23 423
-34 346
-28 094

Estimated living cost  is ₽27211 per week

₽18367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1758
₽1485
₽1048
₽1192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
881
health
-
-
-
797
pensions
-
-
-
1 100
total
-
-
-
2 778
Employee
2 549
-
4 490
-
pensions
229
-
404
-
unemployment
25
-
45
-
income
493
-
950
-
health
127
-
224
-
total
874
-
1 623
-
Employer
2 549
-
4 490
-
health
242
-
427
-
pensions
280
-
494
-
unemployment
51
-
90
-
total
573
-
1 011
-
Corporate
2 377
5 500
-
-
income
523
1 210
-
-
total
523
1 210
-
-
Dividends
1 854
4 290
-
-
withholding
371
858
-
-
total
371
858
-
-
Income
5 500
5 500
5 500
5 500
Total tax
2 341
2 068
2 634
2 778
After tax
3 159
3 432
2 866
2 722
Living cost
1 674
1 674
1 674
1 674
Free-cash
1 485
1 758
1 192
1 048

Estimated living cost  is ₽1674 per week

₽995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13133
-₽24915
-₽13735
-₽13603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48
health
-
-
-
567
pensions
-
-
-
1 430
total
-
-
-
2 128
Employee

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

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

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

25 797
-
4 584
-
pensions
3 612
-
716
-
unemployment
193
-
38
-
income
3 556
-
62
-
health
1 329
-
264
-
total
8 690
-
1 080
-
Employer

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

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

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

25 797
-
4 584
-
health
1 329
-
264
-
pensions
3 096
-
614
-
unemployment
193
-
38
-
total
4 618
-
916
-
Corporate
-
5 500
-
-
income
-
825
-
-
total
-
825
-
-
Dividends
-
4 675
-
-
withholding
-
701
-
-
total
-
701
-
-
Income
5 500
5 500
5 500
5 500
Total tax
13 308
1 526
1 996
2 128
After tax
-7 808
3 974
3 504
3 372
Living cost
17 107
17 107
17 107
17 107
Free-cash
-24 915
-13 133
-13 603
-13 735

Estimated living cost  is ₽17107 per week

₽11518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23549
-₽42027
-₽23410
-₽23295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
5 500
income
-
-
-
321
surtax
-
-
-
-
social contributions

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

-
-
-
1 912
total
-
-
-
2 233
Employee
38 406
-
4 445
-
social contributions
4 225
-
488
-
income
7 504
-
575
-
surtax
-
-
-
-
total
11 729
-
1 063
-
Employer
38 406
-
4 445
-
social contributions
9 121
-
1 055
-
total
9 121
-
1 055
-
Corporate
-
5 500
-
-
income
-
1 155
-
-
surtax
-
-
-
-
total
-
1 155
-
-
Dividends
-
4 345
-
-
withholding
-
1 217
-
-
total
-
1 217
-
-
Income
5 500
5 500
5 500
5 500
Total tax
20 850
2 372
2 118
2 233
After tax
-15 350
3 128
3 382
3 267
Living cost
26 677
26 677
26 677
26 677
Free-cash
-42 027
-23 549
-23 295
-23 410

Estimated living cost  is ₽26677 per week

₽18895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30989
-₽57528
-₽35660
-₽41912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
148
accident
-
-
-
192
income
-
-
-
-
pensions
-
-
-
6 022
other
-
-
-
21
total
-
-
-
6 383
Employee
47 790
-
-
-
pensions
2 246
-
1 553
-
unemployment
740
-
513
-
income
9 982
-
-
-
other
47
-
34
-
total
13 015
-
2 100
-
Employer
47 790
-
-
-
pensions
11 278
-
7 799
-
accident
946
-
653
-
other
383
-
265
-
unemployment
2 629
-
1 818
-
total
15 236
-
10 535
-
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
-
888
-
-
total
-
888
-
-
Income
5 500
5 500
5 500
5 500
Total tax
28 251
1 712
12 635
6 383
After tax
-22 751
3 788
-7 135
-883
Living cost
34 777
34 777
34 777
34 777
Free-cash
-57 528
-30 989
-41 912
-35 660

Estimated living cost  is ₽34777 per week

₽24975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12211
-₽21290
-₽13951
-₽14027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26
income
-
-
-
825
health
-
-
-
737
pensions

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

-
-
-
949
total
-
-
-
2 537
Employee
22 396
-
4 242
-
pensions

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

1 966
-
563
-
income
2 240
-
425
-
health
1 030
-
295
-
accident

We are using the highest rate at 1.1%.

246
-
71
-
total
5 482
-
1 354
-
Employer
22 396
-
4 242
-
health
1 545
-
443
-
pensions

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

2 468
-
707
-
accident

We are using the highest rate at 1.1%.

246
-
71
-
unemployment
135
-
38
-
total
4 394
-
1 259
-
Corporate
-
5 500
-
-
income
-
550
-
-
total
-
550
-
-
Dividends
-
4 950
-
-
withholding
-
247
-
-
total
-
247
-
-
Income
5 500
5 500
5 500
5 500
Total tax
9 876
797
2 613
2 537
After tax
-4 376
4 703
2 887
2 963
Living cost
16 914
16 914
16 914
16 914
Free-cash
-21 290
-12 211
-14 027
-13 951

Estimated living cost  is ₽16914 per week

₽11187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35094
-₽43735
-₽39463
-₽39463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 760
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
-
-
-
6 760
Employee

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

49 236
-
5 500
-
income

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

4 049
-
-
-
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.

223
-
-
-
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.

6 760
-
6 760
-
total
11 032
-
6 760
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
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
-
-
trade
-
789
-
-
chamber of commerce
-
158
-
-
total
-
1 816
-
-
Dividends
-
3 684
-
-
surtax

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

-
30
-
-
withholding
-
545
-
-
total
-
575
-
-
Income
5 500
5 500
5 500
5 500
Total tax
11 032
2 391
6 760
6 760
After tax
-5 532
3 109
-1 260
-1 260
Living cost
38 203
38 203
38 203
38 203
Free-cash
-43 735
-35 094
-39 463
-39 463

Estimated living cost  is ₽38203 per week

₽26354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52518
-₽71905
-₽50868
-₽50868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
77 404
-
5 500
-
social contributions
6 431
-
-
-
income
14 606
-
-
-
total
21 037
-
-
-
Employer
77 404
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
income
-
687
-
-
total
-
687
-
-
Dividends
-
4 813
-
-
withholding
-
963
-
-
total
-
963
-
-
Income
5 500
5 500
5 500
5 500
Total tax
21 037
1 650
-
-
After tax
-15 537
3 850
5 500
5 500
Living cost
56 368
56 368
56 368
56 368
Free-cash
-71 905
-52 518
-50 868
-50 868

Estimated living cost  is ₽56368 per week

₽42884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
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.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35299
-₽47396
-₽64676
-₽33860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
5 500
income
-
-
-
28 168
health

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

-
-
-
6 088
total
-
-
-
34 256
Employee
45 394
-
3 780
-
social contributions
4 548
-
1 720
-
income
4 926
-
-
-
total
9 474
-
1 720
-
Employer
45 394
-
3 780
-
social contributions
4 548
-
1 720
-
total
4 548
-
1 720
-
Corporate
-
5 500
-
-
income
-
1 925
-
-
total
-
1 925
-
-
Dividends
-
3 575
-
-
social contributions
2 954
2 954
-
-
total
2 954
2 954
-
-
Income
5 500
5 500
5 500
5 500
Total tax
16 976
4 879
3 440
34 256
After tax
-11 476
621
2 060
-28 756
Living cost
35 920
35 920
35 920
35 920
Free-cash
-47 396
-35 299
-33 860
-64 676

Estimated living cost  is ₽35920 per week

₽23661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
-₽32806
-₽51272
-₽32526
-₽32609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 099
pensions
-
-
-
-
total
-
-
-
1 099
Employee
50 688
-
5 397
-
pensions
3 869
-
-
-
income
9 231
-
1 079
-
health
661
-
-
-
total
13 761
-
1 079
-
Employer
50 688
-
5 397
-
health
963
-
103
-
pensions
5 121
-
-
-
total
6 084
-
103
-
Corporate
-
5 500
-
-
income

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

-
1 044
-
-
total
-
1 044
-
-
Dividends
-
4 456
-
-
withholding
-
335
-
-
total
-
335
-
-
Income
5 500
5 500
5 500
5 500
Total tax
19 845
1 379
1 182
1 099
After tax
-14 345
4 121
4 318
4 401
Living cost
36 927
36 927
36 927
36 927
Free-cash
-51 272
-32 806
-32 609
-32 526

Estimated living cost  is ₽36927 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
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.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23027
-₽38945
-₽24835
-₽20568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
accident
-
-
-
249
income
-
-
-
-
health
-
-
-
2 149
pensions
-
-
-
4 100
other
-
-
-
365
total
-
-
-
6 863
Employee
36 922
-
4 569
-
pensions
4 157
-
515
-
income
5 065
-
627
-
health
4 227
-
523
-
total
13 449
-
1 665
-
Employer
36 922
-
4 569
-
pensions
6 003
-
743
-
accident
617
-
76
-
unemployment
904
-
112
-
total
7 524
-
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
20 973
5 055
2 596
6 863
After tax
-15 473
445
2 904
-1 363
Living cost
23 472
23 472
23 472
23 472
Free-cash
-38 945
-23 027
-20 568
-24 835

Estimated living cost  is ₽23472 per week

₽17226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
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.
₽4405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8688
-₽15881
-₽10226
-₽10226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79
health insurance
-
-
-
488
income
-
-
-
550
work injury
-
-
-
33
pensions
-
-
-
1 213
total
-
-
-
2 363
Employee

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

21 380
-
5 500
-
work injury
107
-
33
-
pensions
3 934
-
1 213
-
unemployment
257
-
79
-
income
2 138
-
550
-
health insurance
1 582
-
488
-
total
8 018
-
2 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
5 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
5 500
-
-
withholding
-
825
-
-
total
-
825
-
-
Income
5 500
5 500
5 500
5 500
Total tax
8 018
825
2 363
2 363
After tax
-2 518
4 675
3 137
3 137
Living cost
13 362
13 362
13 362
13 362
Free-cash
-15 881
-8 688
-10 226
-10 226

Estimated living cost  is ₽13362 per week

₽8278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36524
-₽77886
-₽41590
-₽43975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
5 500
municipal
-
-
-
-
national
-
-
-
-
regional
-
-
-
-
social contributions
-
-
-
7 669
total
-
-
-
7 669
Employee
83 385
-
5 500
-
national
14 091
-
-
-
social contributions
28 117
-
10 054
-
municipal
498
-
-
-
regional
1 259
-
-
-
total
43 965
-
10 054
-
Employer
83 385
-
5 500
-
total
-
-
-
-
Corporate
-
5 500
-
-
municipal
-
265
-
-
nationa
-
1 320
-
-
total
-
1 585
-
-
Dividends
-
3 915
-
-
withholding
-
1 018
-
-
total
-
1 018
-
-
Income
5 500
5 500
5 500
5 500
Total tax
43 965
2 603
10 054
7 669
After tax
-38 465
2 897
-4 554
-2 169
Living cost
39 421
39 421
39 421
39 421
Free-cash
-77 886
-36 524
-43 975
-41 590

Estimated living cost  is ₽39421 per week

₽27691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other 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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