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
₽ 7000
per

Your estimated
City
free-cash

Dresden , Germany
-₽29355
-₽28283
-₽28283
-₽24995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax

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

-
-
-
-
health

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

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

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

36 355
-
7 000
-
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.

1 016
-
-
-
surtax

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

56
-
-
-
health

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

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

6 493
-
6 493
-
total
7 565
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
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
-
-
chamber of commerce
-
155
-
-
income
-
1 050
-
-
trade
-
1 102
-
-
total
-
2 365
-
-
Dividends
-
4 635
-
-
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.

-
43
-
-
withholding
-
797
-
-
total
-
840
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 565
3 205
6 493
6 493
After tax
-565
3 795
507
507
Living cost
28 790
28 790
28 790
28 790
Free-cash
-29 355
-24 995
-28 283
-28 283

Estimated living cost  is ₽28790 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽81882
-₽46357
-₽46481
-₽48198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
pensions
-
-
-
840
municipal
-
-
-
-
social contributions
-
-
-
75
total
-
-
-
915
Employee
81 487
-
6 051
-
pensions
3 259
-
242
-
national
15 597
-
-
-
municipal
10 065
-
-
-
total
28 921
-
242
-
Employer
81 487
-
6 051
-
social contributions
876
-
65
-
pensions
6 519
-
484
-
total
7 395
-
549
-
Corporate
-
7 000
-
-
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%.

-
1 400
-
-
total
-
1 400
-
-
Dividends
-
5 600
-
-
withholding
-
1 232
-
-
total
-
1 232
-
-
Income
7 000
7 000
7 000
7 000
Total tax
36 316
2 632
791
915
After tax
-29 316
4 368
6 209
6 085
Living cost
52 566
52 566
52 566
52 566
Free-cash
-81 882
-48 198
-46 357
-46 481

Estimated living cost  is ₽52566 per week

₽35729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27464
-₽16788
-₽16816
-₽14174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
1 050
social contributions

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

-
-
-
2 992
total
-
-
-
4 042
Employee
27 774
-
4 758
-
income
4 944
-
747
-
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.

3 056
-
1 025
-
total
8 000
-
1 772
-
Employer
27 774
-
4 758
-
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.

6 690
-
2 242
-
surtax
-
-
-
-
total
6 690
-
2 242
-
Corporate
-
7 000
-
-
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%.

-
1 400
-
-
total
-
1 400
-
-
Dividends

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

-
5 600
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 690
1 400
4 014
4 042
After tax
-7 690
5 600
2 986
2 958
Living cost
19 774
19 774
19 774
19 774
Free-cash
-27 464
-14 174
-16 788
-16 816

Estimated living cost  is ₽19774 per week

₽12615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽87385
-₽87385
-₽35782
-₽82050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
1 261
health
-
-
-
1 073
income
-
-
-
630
total
-
-
-
2 964
Employee
81 168
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
14 610
11 136
14 610
-
health
12 458
10 597
12 458
-
total
40 354
35 019
40 354
-
Employer
81 168
81 168
81 168
-
unemployment
2 922
2 922
2 922
-
health
5 642
5 642
5 642
-
pensions
5 649
5 649
5 649
-
total
14 213
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
54 567
49 232
54 567
2 964
After tax
-47 567
-42 232
-47 567
4 036
Living cost
39 818
39 818
39 818
39 818
Free-cash
-87 385
-82 050
-87 385
-35 782

Estimated living cost  is ₽39818 per week

₽28218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽63910
-₽34130
-₽34378
-₽34045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
7
accident
-
-
-
14
national
-
-
-
-
pensions
-
-
-
757
health
-
-
-
437
municipal
-
-
-
1 483
other
-
-
-
813
total
-
-
-
3 511
Employee
53 957
-
5 326
-
national
-
-
-
-
municipal
16 090
-
1 588
-
total
16 090
-
1 588
-
Employer
53 957
-
5 326
-
accident
108
-
11
-
unemployment
1 424
-
141
-
health
3 318
-
328
-
pensions
5 833
-
576
-
other
6 270
-
619
-
total
16 953
-
1 675
-
Corporate
-
7 000
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
5 460
-
-
withholding
-
1 638
-
-
total
-
1 638
-
-
Income
7 000
7 000
7 000
7 000
Total tax
33 043
3 178
3 263
3 511
After tax
-26 043
3 822
3 737
3 489
Living cost
37 867
37 867
37 867
37 867
Free-cash
-63 910
-34 045
-34 130
-34 378

Estimated living cost  is ₽37867 per week

₽25097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41200
-₽36832
-₽36832
-₽33581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax

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

-
-
-
-
health

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

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

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

48 201
-
7 000
-
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.

4 141
-
-
-
surtax

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

227
-
-
-
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.

6 493
-
6 493
-
total
10 861
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
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
-
-
chamber of commerce
-
155
-
-
income
-
1 050
-
-
trade
-
1 151
-
-
total
-
2 414
-
-
Dividends
-
4 587
-
-
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.

-
43
-
-
withholding
-
785
-
-
total
-
828
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 861
3 242
6 493
6 493
After tax
-3 861
3 758
507
507
Living cost
37 339
37 339
37 339
37 339
Free-cash
-41 200
-33 581
-36 832
-36 832

Estimated living cost  is ₽37339 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40127
-₽37011
-₽30388
-₽45323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 133
health
-
-
-
922
income
-
-
-
-
social contributions
-
-
-
5 637
total
-
-
-
6 559
Employee
73 088
73 088
73 088
-
income
7 675
6 766
8 218
-
social contributions
3 552
6 066
2 045
-
health
727
1 243
418
-
total
11 954
14 075
10 681
-
Employer
73 088
73 088
73 088
-
social contributions
3 552
6 066
2 045
-
health
792
1 353
456
-
total
4 344
7 419
2 501
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 298
21 494
13 182
6 559
After tax
-9 298
-14 494
-6 182
441
Living cost
30 829
30 829
30 829
30 829
Free-cash
-40 127
-45 323
-37 011
-30 388

Estimated living cost  is ₽30829 per week

₽21075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2408
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.
₽6829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24846
-₽15924
-₽13787
-₽16788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
122
pensions
-
-
-
811
health
-
-
-
568
income
-
-
-
825
total
-
-
-
2 326
Employee

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

The minimum wage is 138,000 HUF per month.

26 649
10 606
10 606
-
income
3 258
1 297
1 365
-
pensions
2 665
1 061
815
-
unemployment
400
159
122
-
health
1 865
742
571
-
total
8 188
3 259
2 873
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 649
10 606
10 606
-
pensions
5 197
2 068
1 590
-
total
5 197
2 068
1 590
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 385
5 327
4 463
2 326
After tax
-6 385
1 673
2 537
4 674
Living cost
18 461
18 461
18 461
18 461
Free-cash
-24 846
-16 788
-15 924
-13 787

Estimated living cost  is ₽18461 per week

₽12598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29078
-₽20005
-₽19529
-₽17358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
2 164
health
-
-
-
1 407
income
-
-
-
-
total
-
-
-
3 571
Employee
26 964
-
3 342
-
income
3 036
-
-
-
pensions
539
-
216
-
unemployment
431
-
173
-
total
4 006
-
389
-
Employer
26 964
-
3 342
-
unemployment
216
-
87
-
health
3 505
-
1 407
-
pensions
5 393
-
2 164
-
total
9 114
-
3 658
-
Corporate
-
7 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
5 600
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 120
1 400
4 047
3 571
After tax
-6 120
5 600
2 953
3 429
Living cost
22 958
22 958
22 958
22 958
Free-cash
-29 078
-17 358
-20 005
-19 529

Estimated living cost  is ₽22958 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
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.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31891
-₽16842
-₽20128
-₽19971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
88
other
-
-
-
346
total
-
-
-
6 590
Employee
32 308
-
5 815
-
income
4 432
-
798
-
pensions
3 638
-
655
-
health
3 699
-
666
-
total
11 769
-
2 119
-
Employer
32 308
-
5 815
-
accident
539
-
97
-
unemployment
792
-
142
-
pensions
5 253
-
946
-
total
6 584
-
1 185
-
Corporate
-
7 000
-
-
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.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
700
-
-
withholding
-
133
-
-
total
-
133
-
-
Income
7 000
7 000
7 000
7 000
Total tax
18 353
6 433
3 304
6 590
After tax
-11 353
567
3 696
410
Living cost
20 538
20 538
20 538
20 538
Free-cash
-31 891
-19 971
-16 842
-20 128

Estimated living cost  is ₽20538 per week

₽15053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3465
-₽2772
-₽1442
-₽1722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
7 000
microenterprise

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

-
-
-
70
total
-
-
-
70
Employee
10 465
-
7 000
-
income
2 093
-
1 400
-
total
2 093
-
1 400
-
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%.

-
7 000
-
-
total
-
-
-
-
Dividends
-
7 000
-
-
withholding
-
350
-
-
total
-
350
-
-
Income
7 000
7 000
7 000
7 000
Total tax
2 093
350
1 400
70
After tax
4 907
6 650
5 600
6 930
Living cost
8 372
8 372
8 372
8 372
Free-cash
-3 465
-1 722
-2 772
-1 442

Estimated living cost  is ₽8372 per week

₽5189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36210
-₽21361
-₽22430
-₽20185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
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.

-
-
-
2 477
health
-
-
-
455
income
-
-
-
680
other
-
-
-
491
total
-
-
-
4 103
Employee
34 511
-
5 404
-
income
5 942
-
931
-
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.

2 415
-
379
-
unemployment
345
-
54
-
health
483
-
76
-
total
9 185
-
1 440
-
Employer
34 511
-
5 404
-
accident
276
-
43
-
unemployment
345
-
54
-
health
483
-
76
-
pensions

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

5 868
-
918
-
other
1 726
-
503
-
total
8 698
-
1 594
-
Corporate
-
7 000
-
-
income
-
1 470
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
388
-
-
total
-
388
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 883
1 858
3 034
4 103
After tax
-10 883
5 142
3 966
2 897
Living cost
25 327
25 327
25 327
25 327
Free-cash
-36 210
-20 185
-21 361
-22 430

Estimated living cost  is ₽25327 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽96719
-₽58975
-₽58870
-₽59225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
-
income
-
-
-
1 399
total
-
-
-
1 399
Employee
91 216
-
6 870
-
income
16 443
-
1 374
-
pensions
8 800
-
-
-
health
1 503
-
-
-
total
26 746
-
1 374
-
Employer
91 216
-
6 870
-
health
1 732
-
130
-
pensions
10 770
-
-
-
total
12 502
-
130
-
Corporate
-
7 000
-
-
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.

-
1 329
-
-
total
-
1 329
-
-
Dividends
-
5 671
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
39 248
1 754
1 504
1 399
After tax
-32 248
5 246
5 496
5 601
Living cost
64 471
64 471
64 471
64 471
Free-cash
-96 719
-59 225
-58 975
-58 870

Estimated living cost  is ₽64471 per week

₽48309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13382
-₽8623
-₽8786
-₽6882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
28
pensions

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

-
-
-
1 036
health
-
-
-
805
income
-
-
-
1 050
total
-
-
-
2 919
Employee
17 038
-
5 744
-
income
1 703
-
574
-
pensions

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

1 496
-
562
-
accident

We are using the highest rate at 1.1%.

188
-
70
-
health
784
-
294
-
total
4 171
-
1 500
-
Employer
17 038
-
5 744
-
accident

We are using the highest rate at 1.1%.

188
-
70
-
unemployment
102
-
38
-
health
1 176
-
442
-
pensions

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

1 878
-
706
-
total
3 344
-
1 256
-
Corporate
-
7 000
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
6 300
-
-
withholding
-
315
-
-
total
-
315
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 515
1 015
2 756
2 919
After tax
-515
5 985
4 244
4 081
Living cost
12 867
12 867
12 867
12 867
Free-cash
-13 382
-6 882
-8 623
-8 786

Estimated living cost  is ₽12867 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽96552
-₽100273
-₽48670
-₽94938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
1 261
health
-
-
-
1 073
income
-
-
-
630
total
-
-
-
2 964
Employee
88 123
81 168
81 168
-
income

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

13 286
13 286
13 286
-
pensions
11 136
11 136
14 610
-
health
10 994
10 597
12 458
-
total
35 416
35 019
40 354
-
Employer
88 123
81 168
81 168
-
unemployment
3 173
2 922
2 922
-
health
6 124
5 642
5 642
-
pensions
6 133
5 649
5 649
-
total
15 430
14 213
14 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
50 846
49 232
54 567
2 964
After tax
-43 846
-42 232
-47 567
4 036
Living cost
52 706
52 706
52 706
52 706
Free-cash
-96 552
-94 938
-100 273
-48 670

Estimated living cost  is ₽52706 per week

₽38880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39337
-₽19962
-₽20105
-₽18694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
health
-
-
-
945
solidarity contribution
-
-
-
-
income
-
-
-
602
social contributions
-
-
-
2 044
total
-
-
-
3 591
Employee
34 580
-
5 224
-
solidarity contribution
-
-
-
-
income
4 150
-
627
-
social contributions
2 248
-
340
-
health
4 668
-
705
-
total
11 066
-
1 672
-
Employer
34 580
-
5 224
-
social contributions
8 645
-
1 306
-
health
3 112
-
470
-
total
11 757
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 823
2 180
3 448
3 591
After tax
-15 823
4 820
3 552
3 409
Living cost
23 514
23 514
23 514
23 514
Free-cash
-39 337
-18 694
-19 962
-20 105

Estimated living cost  is ₽23514 per week

₽16333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
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.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽77473
-₽42764
-₽40473
-₽36371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 366
total
-
-
-
7 366
Employee
84 474
-
7 000
-
regional
797
-
-
-
national
14 637
-
-
-
social contributions
28 485
-
9 657
-
municipal
447
-
-
-
total
44 366
-
9 657
-
Employer
84 474
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 679
-
-
municipal
-
272
-
-
total
-
1 951
-
-
Dividends
-
5 048
-
-
withholding
-
1 313
-
-
total
-
1 313
-
-
Income
7 000
7 000
7 000
7 000
Total tax
44 366
3 264
9 657
7 366
After tax
-37 366
3 736
-2 657
-366
Living cost
40 107
40 107
40 107
40 107
Free-cash
-77 473
-36 371
-42 764
-40 473

Estimated living cost  is ₽40107 per week

₽27958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31049
-₽19150
-₽18299
-₽16571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
216
surtax
-
-
-
-
pensions
-
-
-
2 538
health
-
-
-
902
income
-
-
-
669
other
-
-
-
-
total
-
-
-
4 325
Employee
31 432
-
4 330
-
other
-
-
-
-
income
5 269
-
456
-
pensions
2 096
-
846
-
surtax
103
-
-
-
unemployment
2 188
-
882
-
health
803
-
323
-
total
10 459
-
2 507
-
Employer
31 432
-
4 330
-
unemployment
996
-
402
-
health
1 430
-
577
-
pensions
4 190
-
1 690
-
other
-
-
-
-
total
6 616
-
2 669
-
Corporate
-
7 000
-
-
income
-
1 820
-
-
total
-
1 820
-
-
Dividends
-
5 180
-
-
withholding
-
777
-
-
total
-
777
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 075
2 597
5 176
4 325
After tax
-10 075
4 403
1 824
2 675
Living cost
20 974
20 974
20 974
20 974
Free-cash
-31 049
-16 571
-19 150
-18 299

Estimated living cost  is ₽20974 per week

₽12825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽61909
-₽38549
-₽38444
-₽38799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
-
income
-
-
-
1 399
total
-
-
-
1 399
Employee
61 131
-
6 870
-
income
11 010
-
1 374
-
pensions
5 189
-
-
-
health
887
-
-
-
total
17 086
-
1 374
-
Employer
61 131
-
6 870
-
health
1 161
-
130
-
pensions
6 617
-
-
-
total
7 778
-
130
-
Corporate
-
7 000
-
-
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.

-
1 329
-
-
total
-
1 329
-
-
Dividends
-
5 671
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
24 864
1 754
1 504
1 399
After tax
-17 864
5 246
5 496
5 601
Living cost
44 045
44 045
44 045
44 045
Free-cash
-61 909
-38 799
-38 549
-38 444

Estimated living cost  is ₽44045 per week

₽32998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽89607
-₽72360
-₽69474
-₽72170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
pensions
-
-
-
645
health
-
-
-
246
regional
-
-
-
-
city
-
-
-
72
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.

-
-
-
139
total
-
-
-
1 102
Employee
88 205
-
4 921
-
pensions
7 410
-
1 915
-
regional
2 888
-
-
-
national
418
-
-
-
unemployment
-
-
-
-
health
199
-
12
-
city
947
-
35
-
total
11 862
-
1 962
-
Employer
88 205
-
4 921
-
unemployment
-
-
-
-
health
199
-
12
-
pensions
7 410
-
1 915
-
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.

1 764
-
99
-
total
9 373
-
2 026
-
Corporate
-
7 000
-
-
national
-
594
-
-
regional
-
1 481
-
-
total
-
2 075
-
-
Dividends
-
4 925
-
-
withholding
-
1 723
-
-
total
-
1 723
-
-
Income
7 000
7 000
7 000
7 000
Total tax
21 235
3 798
3 988
1 102
After tax
-14 235
3 202
3 012
5 898
Living cost
75 372
75 372
75 372
75 372
Free-cash
-89 607
-72 170
-72 360
-69 474

Estimated living cost  is ₽75372 per week

₽49014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50123
-₽43036
-₽43036
-₽39822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax

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

-
-
-
-
health

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

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

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

57 123
-
7 000
-
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.

6 717
-
-
-
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.

370
-
-
-
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.

6 493
-
6 493
-
total
13 580
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
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
-
-
chamber of commerce
-
153
-
-
income
-
1 050
-
-
trade
-
1 201
-
-
total
-
2 462
-
-
Dividends
-
4 538
-
-
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.

-
43
-
-
withholding
-
774
-
-
total
-
817
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 580
3 279
6 493
6 493
After tax
-6 580
3 721
507
507
Living cost
43 543
43 543
43 543
43 543
Free-cash
-50 123
-39 822
-43 036
-43 036

Estimated living cost  is ₽43543 per week

₽31802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽46385
-₽27941
-₽29773
-₽28995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
surtax
-
-
-
-
pensions
-
-
-
3 584
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
200
other
-
-
-
216
total
-
-
-
4 253
Employee
40 680
-
5 333
-
income
2 401
-
-
-
pensions
4 600
-
602
-
surtax
-
-
-
-
social contributions
1 160
-
153
-
total
8 161
-
755
-
Employer
40 680
-
5 333
-
unemployment
1 647
-
216
-
social contributions
123
-
16
-
health
2 848
-
373
-
pensions
6 683
-
877
-
other
1 403
-
184
-
total
12 704
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
surtax
-
-
-
-
social contributions
-
868
-
-
withholding
-
646
-
-
total
-
1 514
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 865
3 475
2 421
4 253
After tax
-13 865
3 525
4 579
2 747
Living cost
32 520
32 520
32 520
32 520
Free-cash
-46 385
-28 995
-27 941
-29 773

Estimated living cost  is ₽32520 per week

₽20505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
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.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40652
-₽24719
-₽26551
-₽25773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
surtax
-
-
-
-
pensions
-
-
-
3 584
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
200
other
-
-
-
216
total
-
-
-
4 253
Employee
36 312
-
5 333
-
income
1 872
-
-
-
pensions
4 107
-
602
-
surtax
-
-
-
-
social contributions
1 035
-
153
-
total
7 014
-
755
-
Employer
36 312
-
5 333
-
unemployment
1 470
-
216
-
social contributions
108
-
16
-
health
2 541
-
373
-
pensions
5 967
-
877
-
other
1 254
-
184
-
total
11 340
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
surtax
-
-
-
-
social contributions
-
868
-
-
withholding
-
646
-
-
total
-
1 514
-
-
Income
7 000
7 000
7 000
7 000
Total tax
18 354
3 475
2 421
4 253
After tax
-11 354
3 525
4 579
2 747
Living cost
29 298
29 298
29 298
29 298
Free-cash
-40 652
-25 773
-24 719
-26 551

Estimated living cost  is ₽29298 per week

₽16991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27724
-₽15753
-₽16702
-₽16999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
health
-
-
-
839
income
-
-
-
1 050
social contributions
-
-
-
1 658
total
-
-
-
3 547
Employee
32 227
-
7 000
-
income
5 375
-
101
-
social contributions
4 448
-
1 658
-
health
2 249
-
839
-
total
12 072
-
2 598
-
Employer
32 227
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
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%.

-
350
-
-
total
-
350
-
-
Dividends
-
6 650
-
-
social contributions
1 658
1 658
-
-
withholding
-
997
-
-
health
839
839
-
-
total
2 497
3 494
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 569
3 844
2 598
3 547
After tax
-7 569
3 156
4 402
3 453
Living cost
20 155
20 155
20 155
20 155
Free-cash
-27 724
-16 999
-15 753
-16 702

Estimated living cost  is ₽20155 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽55260
-₽38456
-₽35017
-₽48136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
5 830
surtax
-
-
-
188
pensions
-
-
-
1 753
health
-
-
-
725
income
-
-
-
-
chamber of commerce
-
-
-
29
total
-
-
-
8 525
Employee
47 501
37 879
37 879
-
other
474
379
96
-
income
5 408
2 794
4 450
-
pensions
4 865
3 878
970
-
unemployment
1 425
1 136
285
-
health
1 838
1 466
366
-
total
14 010
9 653
6 167
-
Employer
47 501
37 879
37 879
-
chamber of commerce
189
152
152
-
surtax
188
188
188
-
accident
617
492
27
-
payroll
1 425
1 136
1 136
-
unemployment
1 425
1 136
285
-
health
1 795
1 432
359
-
pensions
5 961
4 755
1 190
-
other
2 256
1 798
1 558
-
total
13 856
11 089
4 895
-
Corporate
3 607
3 607
3 607
-
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.

902
902
902
-
total
902
902
902
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 768
21 644
11 964
8 525
After tax
-21 768
-14 644
-4 964
-1 525
Living cost
33 492
33 492
33 492
33 492
Free-cash
-55 260
-48 136
-38 456
-35 017

Estimated living cost  is ₽33492 per week

₽22338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2857
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.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽80780
-₽31404
-₽33284
-₽30411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
498
communal

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

-
-
-
119
social contributions
-
-
-
5 011
total
-
-
-
5 628
Employee

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

67 989
-
5 424
-
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.

5 099
-
408
-
communal

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

3 546
-
283
-
national
20 903
-
1 178
-
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.

592
-
47
-
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.

3 194
-
256
-
total
33 334
-
2 172
-
Employer

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

67 989
-
5 424
-
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.

884
-
70
-
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.

992
-
79
-
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.

4 181
-
334
-
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.

6 024
-
480
-
surtax
7 709
-
613
-
total
19 790
-
1 576
-
Corporate
-
7 000
-
-
surtax
-
29
-
-
income
-
1 400
-
-
total
-
1 429
-
-
Dividends
-
5 571
-
-
withholding

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

-
1 326
-
-
total
-
1 326
-
-
Income
7 000
7 000
7 000
7 000
Total tax
53 124
2 755
3 748
5 628
After tax
-46 124
4 245
3 252
1 372
Living cost
34 656
34 656
34 656
34 656
Free-cash
-80 780
-30 411
-31 404
-33 284

Estimated living cost  is ₽34656 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽55395
-₽39461
-₽33623
-₽29507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
166
other
-
-
-
20
total
-
-
-
6 297
Employee
47 313
-
-
-
other
47
-
32
-
income
9 983
-
-
-
pensions
2 224
-
1 492
-
unemployment
734
-
492
-
total
12 988
-
2 016
-
Employer
47 313
-
-
-
accident
936
-
628
-
unemployment
2 603
-
1 746
-
pensions
11 165
-
7 491
-
other
377
-
254
-
total
15 081
-
10 119
-
Corporate
-
7 000
-
-
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.

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 131
-
-
total
-
1 131
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 069
2 181
12 135
6 297
After tax
-21 069
4 819
-5 135
703
Living cost
34 326
34 326
34 326
34 326
Free-cash
-55 395
-29 507
-39 461
-33 623

Estimated living cost  is ₽34326 per week

₽25278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽73581
-₽55691
-₽55690
-₽46866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
408
surtax
-
-
-
-
pensions
-
-
-
7 237
communal
-
-
-
-
health
-
-
-
3 391
income
-
-
-
-
total
-
-
-
11 036
Employee
71 980
-
1 594
-
income
6 953
-
-
-
pensions
5 758
-
3 618
-
surtax
4 412
-
-
-
health
3 203
-
2 013
-
total
20 326
-
5 631
-
Employer
71 980
-
1 594
-
accident
648
-
408
-
health
2 195
-
1 380
-
pensions
5 758
-
3 618
-
total
8 601
-
5 406
-
Corporate
-
7 000
-
-
surtax
-
74
-
-
communal
-
-
-
-
income
-
1 050
-
-
total
-
1 124
-
-
Dividends
-
5 876
-
-
income
-
206
-
-
withholding
-
882
-
-
total
-
1 088
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 927
2 212
11 037
11 036
After tax
-21 927
4 788
-4 037
-4 036
Living cost
51 654
51 654
51 654
51 654
Free-cash
-73 581
-46 866
-55 691
-55 690

Estimated living cost  is ₽51654 per week

₽38748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31750
-₽19525
-₽18674
-₽16946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
216
surtax
-
-
-
-
pensions
-
-
-
2 538
health
-
-
-
902
income
-
-
-
669
other
-
-
-
-
total
-
-
-
4 325
Employee
32 009
-
4 330
-
other
-
-
-
-
income
5 366
-
456
-
pensions
2 136
-
846
-
surtax
114
-
-
-
unemployment
2 228
-
882
-
health
817
-
323
-
total
10 661
-
2 507
-
Employer
32 009
-
4 330
-
unemployment
1 016
-
402
-
health
1 456
-
577
-
pensions
4 268
-
1 690
-
other
-
-
-
-
total
6 740
-
2 669
-
Corporate
-
7 000
-
-
income
-
1 820
-
-
total
-
1 820
-
-
Dividends
-
5 180
-
-
withholding
-
777
-
-
total
-
777
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 401
2 597
5 176
4 325
After tax
-10 401
4 403
1 824
2 675
Living cost
21 349
21 349
21 349
21 349
Free-cash
-31 750
-16 946
-19 525
-18 674

Estimated living cost  is ₽21349 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽45726
-₽28261
-₽25970
-₽21924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 366
total
-
-
-
7 366
Employee
52 725
-
7 000
-
regional
710
-
-
-
national
8 353
-
-
-
social contributions
17 779
-
9 657
-
municipal
280
-
-
-
total
27 122
-
9 657
-
Employer
52 725
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 679
-
-
municipal
-
348
-
-
total
-
2 027
-
-
Dividends
-
4 973
-
-
withholding
-
1 293
-
-
total
-
1 293
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 122
3 320
9 657
7 366
After tax
-20 122
3 680
-2 657
-366
Living cost
25 604
25 604
25 604
25 604
Free-cash
-45 726
-21 924
-28 261
-25 970

Estimated living cost  is ₽25604 per week

₽15923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50099
-₽25424
-₽25567
-₽24156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
health
-
-
-
945
solidarity contribution
-
-
-
-
income
-
-
-
602
social contributions
-
-
-
2 044
total
-
-
-
3 591
Employee
42 611
-
5 224
-
solidarity contribution
-
-
-
-
income
5 113
-
627
-
social contributions
2 770
-
340
-
health
5 752
-
705
-
total
13 635
-
1 672
-
Employer
42 611
-
5 224
-
social contributions
10 653
-
1 306
-
health
3 835
-
470
-
total
14 488
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 123
2 180
3 448
3 591
After tax
-21 123
4 820
3 552
3 409
Living cost
28 976
28 976
28 976
28 976
Free-cash
-50 099
-24 156
-25 424
-25 567

Estimated living cost  is ₽28976 per week

₽21548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47406
-₽35102
-₽31661
-₽44780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
5 830
surtax
-
-
-
-
pensions
-
-
-
1 753
health
-
-
-
725
income
-
-
-
-
chamber of commerce
-
-
-
29
total
-
-
-
8 337
Employee
41 549
37 879
37 879
-
other
415
379
96
-
income
3 701
2 794
4 450
-
pensions
4 255
3 878
970
-
unemployment
1 246
1 136
285
-
health
1 607
1 466
366
-
total
11 224
9 653
6 167
-
Employer
41 549
37 879
37 879
-
chamber of commerce
166
152
152
-
surtax
-
-
-
-
accident
539
492
29
-
payroll
1 246
1 136
1 136
-
unemployment
1 246
1 136
285
-
health
1 571
1 432
359
-
pensions
5 215
4 755
1 190
-
other
1 973
1 798
1 558
-
total
11 956
10 901
4 709
-
Corporate
3 607
3 607
3 607
-
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.

902
902
902
-
total
902
902
902
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
24 082
21 456
11 778
8 337
After tax
-17 082
-14 456
-4 778
-1 337
Living cost
30 324
30 324
30 324
30 324
Free-cash
-47 406
-44 780
-35 102
-31 661

Estimated living cost  is ₽30324 per week

₽18191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
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.
₽8496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽9309
-₽7447
-₽6117
-₽6397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
7 000
microenterprise

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

-
-
-
70
total
-
-
-
70
Employee
16 309
-
7 000
-
income
3 262
-
1 400
-
total
3 262
-
1 400
-
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%.

-
7 000
-
-
total
-
-
-
-
Dividends
-
7 000
-
-
withholding
-
350
-
-
total
-
350
-
-
Income
7 000
7 000
7 000
7 000
Total tax
3 262
350
1 400
70
After tax
3 738
6 650
5 600
6 930
Living cost
13 047
13 047
13 047
13 047
Free-cash
-9 309
-6 397
-7 447
-6 117

Estimated living cost  is ₽13047 per week

₽8829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41575
-₽21532
-₽21276
-₽20674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
unemployment
-
-
-
11
pensions
-
-
-
1 279
health
-
-
-
689
income
-
-
-
803
total
-
-
-
2 782
Employee

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

42 031
-
6 058
-
income
7 248
-
756
-
pensions
6 515
-
940
-
unemployment
60
-
9
-
health
2 715
-
391
-
total
16 538
-
2 096
-
Employer

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

42 031
-
6 058
-
unemployment
25
-
4
-
health
2 799
-
402
-
pensions
3 719
-
536
-
total
6 543
-
942
-
Corporate
-
7 000
-
-
income
-
1 329
-
-
total
-
1 329
-
-
Dividends
-
5 671
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
7 000
7 000
7 000
7 000
Total tax
23 081
2 180
3 038
2 782
After tax
-16 081
4 820
3 962
4 218
Living cost
25 494
25 494
25 494
25 494
Free-cash
-41 575
-20 674
-21 532
-21 276

Estimated living cost  is ₽25494 per week

₽17496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽146983
-₽51146
-₽39910
-₽40301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
income
-
-
-
1 312
social contributions
-
-
-
1 038
total
-
-
-
2 350
Employee
63 893
-
-
-
income
14 094
-
-
-
social contributions
5 239
-
747
-
total
19 333
-
747
-
Employer
63 893
-
-
-
social contributions
90 090
-
12 839
-
total
90 090
-
12 839
-
Corporate
-
7 000
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
5 460
-
-
income
-
1 201
-
-
total
-
1 201
-
-
Income
7 000
7 000
7 000
7 000
Total tax
109 423
2 741
13 586
2 350
After tax
-102 423
4 259
-6 586
4 650
Living cost
44 560
44 560
44 560
44 560
Free-cash
-146 983
-40 301
-51 146
-39 910

Estimated living cost  is ₽44560 per week

₽28913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47098
-₽25511
-₽25655
-₽25832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax
-
-
-
-
income
-
-
-
408
social contributions

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

-
-
-
2 433
total
-
-
-
2 841
Employee
43 715
-
5 656
-
income
9 093
-
731
-
surtax
-
-
-
-
social contributions
4 809
-
622
-
total
13 902
-
1 353
-
Employer
43 715
-
5 656
-
social contributions
10 382
-
1 344
-
total
10 382
-
1 344
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 470
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
24 284
3 018
2 697
2 841
After tax
-17 284
3 982
4 303
4 159
Living cost
29 814
29 814
29 814
29 814
Free-cash
-47 098
-25 832
-25 511
-25 655

Estimated living cost  is ₽29814 per week

₽22307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽71125
-₽41329
-₽43161
-₽42383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
surtax
-
-
-
-
pensions
-
-
-
3 584
health
-
-
-
253
income
-
-
-
-
social contributions
-
-
-
200
other
-
-
-
216
total
-
-
-
4 253
Employee
59 531
-
5 333
-
income
5 194
-
-
-
pensions
6 733
-
602
-
surtax
-
-
-
-
social contributions
1 696
-
153
-
total
13 623
-
755
-
Employer
59 531
-
5 333
-
unemployment
2 412
-
216
-
social contributions
179
-
16
-
health
4 167
-
373
-
pensions
9 782
-
877
-
other
2 054
-
184
-
total
18 594
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
surtax
-
-
-
-
social contributions
-
868
-
-
withholding
-
646
-
-
total
-
1 514
-
-
Income
7 000
7 000
7 000
7 000
Total tax
32 217
3 475
2 421
4 253
After tax
-25 217
3 525
4 579
2 747
Living cost
45 908
45 908
45 908
45 908
Free-cash
-71 125
-42 383
-41 329
-43 161

Estimated living cost  is ₽45908 per week

₽31069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28294
-₽22906
-₽23111
-₽22271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
income
-
-
-
-
social contributions
-
-
-
1 540
total
-
-
-
1 540
Employee
30 557
-
6 060
-
income
-
-
-
-
social contributions
1 986
-
395
-
total
1 986
-
395
-
Employer
30 557
-
6 060
-
social contributions
4 737
-
940
-
total
4 737
-
940
-
Corporate
-
7 000
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
6 300
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
6 723
700
1 335
1 540
After tax
277
6 300
5 665
5 460
Living cost
28 571
28 571
28 571
28 571
Free-cash
-28 294
-22 271
-22 906
-23 111

Estimated living cost  is ₽28571 per week

₽18474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽199696
-₽199696
-₽40005
-₽199696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
pensions
-
-
-
822
municipal
-
-
-
-
labour market
-
-
-
494
total
-
-
-
1 316
Employee
192 841
192 841
192 841
-
labour market
15 405
15 405
15 405
-
pensions
274
274
274
-
national
23 559
23 559
23 559
-
municipal
41 064
41 064
41 064
-
total
80 302
80 302
80 302
-
Employer
192 841
192 841
192 841
-
labour market
15 427
15 427
15 427
-
national
23 600
23 600
23 600
-
municipal
41 130
41 130
41 130
-
pensions
548
548
548
-
total
80 705
80 705
80 705
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
161 007
161 007
161 007
1 316
After tax
-154 007
-154 007
-154 007
5 684
Living cost
45 689
45 689
45 689
45 689
Free-cash
-199 696
-199 696
-199 696
-40 005

Estimated living cost  is ₽45689 per week

₽31270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31319
-₽16539
-₽19825
-₽19668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
88
other
-
-
-
346
total
-
-
-
6 590
Employee
31 832
-
5 815
-
income
4 367
-
798
-
pensions
3 584
-
655
-
health
3 645
-
666
-
total
11 596
-
2 119
-
Employer
31 832
-
5 815
-
accident
532
-
97
-
unemployment
780
-
142
-
pensions
5 176
-
946
-
total
6 488
-
1 185
-
Corporate
-
7 000
-
-
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.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
700
-
-
withholding
-
133
-
-
total
-
133
-
-
Income
7 000
7 000
7 000
7 000
Total tax
18 084
6 433
3 304
6 590
After tax
-11 084
567
3 696
410
Living cost
20 235
20 235
20 235
20 235
Free-cash
-31 319
-19 668
-16 539
-19 825

Estimated living cost  is ₽20235 per week

₽14729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52443
-₽32058
-₽30753
-₽31648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
7 000
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
1 261
total
-
-
-
1 261
Employee
50 007
-
5 889
-
pensions
3 375
-
397
-
national
826
-
-
-
unemployment
750
-
88
-
municipal
8 191
-
972
-
health
373
-
-
-
total
13 515
-
1 457
-
Employer
50 007
-
5 889
-
accident
51
-
5
-
unemployment
325
-
38
-
health
384
-
45
-
pensions
8 676
-
1 021
-
total
9 436
-
1 109
-
Corporate
-
7 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends

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

-
4 200
-
-
national
-
-
-
-
municipal
-
756
-
-
total
-
756
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 951
2 156
2 566
1 261
After tax
-15 951
4 844
4 434
5 739
Living cost
36 492
36 492
36 492
36 492
Free-cash
-52 443
-31 648
-32 058
-30 753

Estimated living cost  is ₽36492 per week

₽23836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29672
-₽28189
-₽21566
-₽36501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 133
health
-
-
-
922
income
-
-
-
-
social contributions
-
-
-
5 637
total
-
-
-
6 559
Employee
73 088
73 088
73 088
-
income
7 958
6 766
8 218
-
social contributions
2 763
6 066
2 045
-
health
566
1 243
418
-
total
11 287
14 075
10 681
-
Employer
73 088
73 088
73 088
-
social contributions
2 763
6 066
2 045
-
health
615
1 353
456
-
total
3 378
7 419
2 501
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 665
21 494
13 182
6 559
After tax
-7 665
-14 494
-6 182
441
Living cost
22 007
22 007
22 007
22 007
Free-cash
-29 672
-36 501
-28 189
-21 566

Estimated living cost  is ₽22007 per week

₽13189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17062
-₽13890
-₽17604
-₽9295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 000
unemployment
-
-
-
27
pensions
-
-
-
6 046
health
-
-
-
3 440
income
-
-
-
-
total
-
-
-
9 513
Employee

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

21 817
-
5 294
-
income
1 492
-
119
-
pensions
3 272
-
2 484
-
unemployment
108
-
83
-
health
1 854
-
1 407
-
total
6 726
-
4 093
-
Employer

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

21 817
-
5 294
-
unemployment
108
-
83
-
health
938
-
712
-
pensions
1 199
-
911
-
total
2 245
-
1 706
-
Corporate
-
7 000
-
-
income
-
630
-
-
total
-
630
-
-
Dividends
-
6 370
-
-
withholding
-
574
-
-
total
-
574
-
-
Income
7 000
7 000
7 000
7 000
Total tax
8 971
1 204
5 799
9 513
After tax
-1 971
5 796
1 201
-2 513
Living cost
15 091
15 091
15 091
15 091
Free-cash
-17 062
-9 295
-13 890
-17 604

Estimated living cost  is ₽15091 per week

₽9628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39349
-₽31272
-₽25434
-₽21318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
166
other
-
-
-
20
total
-
-
-
6 297
Employee
35 145
-
-
-
other
34
-
32
-
income
6 776
-
-
-
pensions
1 652
-
1 492
-
unemployment
545
-
492
-
total
9 007
-
2 016
-
Employer
35 145
-
-
-
accident
696
-
628
-
unemployment
1 934
-
1 746
-
pensions
8 294
-
7 491
-
other
281
-
254
-
total
11 205
-
10 119
-
Corporate
-
7 000
-
-
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.

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 131
-
-
total
-
1 131
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 212
2 181
12 135
6 297
After tax
-13 212
4 819
-5 135
703
Living cost
26 137
26 137
26 137
26 137
Free-cash
-39 349
-21 318
-31 272
-25 434

Estimated living cost  is ₽26137 per week

₽17642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2466
₽1901
₽1958
₽2735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
1 191
health
-
-
-
864
income
-
-
-
1 354
total
-
-
-
3 409
Employee
2 487
-
5 714
-
income
481
-
1 323
-
pensions
224
-
514
-
unemployment
25
-
57
-
health
124
-
286
-
total
854
-
2 180
-
Employer
2 487
-
5 714
-
unemployment
50
-
114
-
health
236
-
543
-
pensions
274
-
629
-
total
560
-
1 286
-
Corporate
3 953
7 000
-
-
income
870
1 540
-
-
total
870
1 540
-
-
Dividends
3 083
5 460
-
-
withholding
617
1 092
-
-
total
617
1 092
-
-
Income
7 000
7 000
7 000
7 000
Total tax
2 901
2 632
3 466
3 409
After tax
4 099
4 368
3 534
3 591
Living cost
1 633
1 633
1 633
1 633
Free-cash
2 466
2 735
1 901
1 958

Estimated living cost  is ₽1633 per week

₽970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22167
-₽11844
-₽12204
-₽11348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
unemployment
-
-
-
105
pensions
-
-
-
1 820
health
-
-
-
721
income
-
-
-
153
total
-
-
-
2 799
Employee

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

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

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

24 738
-
5 937
-
income
3 410
-
194
-
pensions
3 463
-
831
-
unemployment
186
-
45
-
health
1 274
-
306
-
total
8 333
-
1 376
-
Employer

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

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

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

24 738
-
5 937
-
unemployment
186
-
45
-
health
1 274
-
306
-
pensions
2 969
-
712
-
total
4 429
-
1 063
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
893
-
-
total
-
893
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 762
1 943
2 439
2 799
After tax
-5 762
5 057
4 561
4 201
Living cost
16 405
16 405
16 405
16 405
Free-cash
-22 167
-11 348
-11 844
-12 204

Estimated living cost  is ₽16405 per week

₽11046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
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.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38652
-₽21322
-₽21466
-₽21643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax
-
-
-
-
income
-
-
-
408
social contributions

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

-
-
-
2 433
total
-
-
-
2 841
Employee
36 891
-
5 656
-
income
7 208
-
731
-
surtax
-
-
-
-
social contributions
4 058
-
622
-
total
11 266
-
1 353
-
Employer
36 891
-
5 656
-
social contributions
8 761
-
1 344
-
total
8 761
-
1 344
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 470
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 027
3 018
2 697
2 841
After tax
-13 027
3 982
4 303
4 159
Living cost
25 625
25 625
25 625
25 625
Free-cash
-38 652
-21 643
-21 322
-21 466

Estimated living cost  is ₽25625 per week

₽18149
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.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53541
-₽38540
-₽32702
-₽28586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
142
accident
-
-
-
184
pensions
-
-
-
5 785
income
-
-
-
166
other
-
-
-
20
total
-
-
-
6 297
Employee
45 904
-
-
-
other
45
-
32
-
income
9 588
-
-
-
pensions
2 157
-
1 492
-
unemployment
711
-
492
-
total
12 501
-
2 016
-
Employer
45 904
-
-
-
accident
909
-
628
-
unemployment
2 525
-
1 746
-
pensions
10 833
-
7 491
-
other
368
-
254
-
total
14 635
-
10 119
-
Corporate
-
7 000
-
-
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.

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 131
-
-
total
-
1 131
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 136
2 181
12 135
6 297
After tax
-20 136
4 819
-5 135
703
Living cost
33 405
33 405
33 405
33 405
Free-cash
-53 541
-28 586
-38 540
-32 702

Estimated living cost  is ₽33405 per week

₽23990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19740
-₽12638
-₽12801
-₽10897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
unemployment
-
-
-
28
pensions

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

-
-
-
1 036
health
-
-
-
805
income
-
-
-
1 050
total
-
-
-
2 919
Employee
22 354
-
5 744
-
income
2 236
-
574
-
pensions

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

1 962
-
562
-
accident

We are using the highest rate at 1.1%.

246
-
70
-
health
1 028
-
294
-
total
5 472
-
1 500
-
Employer
22 354
-
5 744
-
accident

We are using the highest rate at 1.1%.

246
-
70
-
unemployment
134
-
38
-
health
1 543
-
442
-
pensions

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

2 463
-
706
-
total
4 386
-
1 256
-
Corporate
-
7 000
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
6 300
-
-
withholding
-
315
-
-
total
-
315
-
-
Income
7 000
7 000
7 000
7 000
Total tax
9 858
1 015
2 756
2 919
After tax
-2 858
5 985
4 244
4 081
Living cost
16 882
16 882
16 882
16 882
Free-cash
-19 740
-10 897
-12 638
-12 801

Estimated living cost  is ₽16882 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40293
-₽36189
-₽36189
-₽32832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
surtax

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

-
-
-
-
health

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

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

-
-
-
6 493
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.

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 493
Employee

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

47 293
-
7 000
-
income

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

3 889
-
-
-
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.

215
-
-
-
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.

6 493
-
6 493
-
total
10 597
-
6 493
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
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
-
-
chamber of commerce
-
155
-
-
income
-
1 050
-
-
trade
-
1 005
-
-
total
-
2 268
-
-
Dividends
-
4 733
-
-
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
-
-
withholding
-
823
-
-
total
-
868
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 597
3 136
6 493
6 493
After tax
-3 597
3 864
507
507
Living cost
36 696
36 696
36 696
36 696
Free-cash
-40 293
-32 832
-36 189
-36 189

Estimated living cost  is ₽36696 per week

₽25314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽67350
-₽47144
-₽47144
-₽49244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
74 350
-
7 000
-
income
14 029
-
-
-
social contributions
6 177
-
-
-
total
20 206
-
-
-
Employer
74 350
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
875
-
-
total
-
875
-
-
Dividends
-
6 125
-
-
withholding
-
1 225
-
-
total
-
1 225
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 206
2 100
-
-
After tax
-13 206
4 900
7 000
7 000
Living cost
54 144
54 144
54 144
54 144
Free-cash
-67 350
-49 244
-47 144
-47 144

Estimated living cost  is ₽54144 per week

₽41192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4412
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.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽43809
-₽30807
-₽60589
-₽32789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
health

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

-
-
-
6 030
income
-
-
-
27 056
total
-
-
-
33 086
Employee
43 603
-
5 348
-
income
4 731
-
-
-
social contributions
4 369
-
1 652
-
total
9 100
-
1 652
-
Employer
43 603
-
5 348
-
social contributions
4 369
-
1 652
-
total
4 369
-
1 652
-
Corporate
-
7 000
-
-
income
-
2 449
-
-
total
-
2 449
-
-
Dividends
-
4 551
-
-
social contributions
2 837
2 837
-
-
total
2 837
2 837
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 306
5 286
3 304
33 086
After tax
-9 306
1 714
3 696
-26 086
Living cost
34 503
34 503
34 503
34 503
Free-cash
-43 809
-32 789
-30 807
-60 589

Estimated living cost  is ₽34503 per week

₽22727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48050
-₽30311
-₽30206
-₽30561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
pensions
-
-
-
-
income
-
-
-
1 399
total
-
-
-
1 399
Employee
49 150
-
6 870
-
income
8 951
-
1 374
-
pensions
3 751
-
-
-
health
641
-
-
-
total
13 343
-
1 374
-
Employer
49 150
-
6 870
-
health
934
-
130
-
pensions
4 966
-
-
-
total
5 900
-
130
-
Corporate
-
7 000
-
-
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.

-
1 329
-
-
total
-
1 329
-
-
Dividends
-
5 671
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
19 243
1 754
1 504
1 399
After tax
-12 243
5 246
5 496
5 601
Living cost
35 807
35 807
35 807
35 807
Free-cash
-48 050
-30 561
-30 311
-30 206

Estimated living cost  is ₽35807 per week

₽24563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35111
-₽18543
-₽21829
-₽21672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
236
pensions
-
-
-
3 884
health
-
-
-
2 036
income
-
-
-
88
other
-
-
-
346
total
-
-
-
6 590
Employee
34 983
-
5 815
-
income
4 799
-
798
-
pensions
3 939
-
655
-
health
4 005
-
666
-
total
12 743
-
2 119
-
Employer
34 983
-
5 815
-
accident
584
-
97
-
unemployment
857
-
142
-
pensions
5 688
-
946
-
total
7 129
-
1 185
-
Corporate
-
7 000
-
-
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.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
700
-
-
withholding
-
133
-
-
total
-
133
-
-
Income
7 000
7 000
7 000
7 000
Total tax
19 872
6 433
3 304
6 590
After tax
-12 872
567
3 696
410
Living cost
22 239
22 239
22 239
22 239
Free-cash
-35 111
-21 672
-18 543
-21 829

Estimated living cost  is ₽22239 per week

₽16321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13544
-₽8465
-₽8465
-₽6890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 000
unemployment
-
-
-
84
pensions
-
-
-
1 288
income
-
-
-
700
health insurance
-
-
-
518
work injury
-
-
-
35
total
-
-
-
2 625
Employee

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

20 544
-
7 000
-
income
2 054
-
700
-
pensions
3 780
-
1 288
-
health insurance
1 520
-
518
-
unemployment
247
-
84
-
work injury
103
-
35
-
total
7 704
-
2 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
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
-
7 000
-
-
withholding
-
1 050
-
-
total
-
1 050
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 704
1 050
2 625
2 625
After tax
-704
5 950
4 375
4 375
Living cost
12 840
12 840
12 840
12 840
Free-cash
-13 544
-6 890
-8 465
-8 465

Estimated living cost  is ₽12840 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
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.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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

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Rome , Italy
-₽73094
-₽40522
-₽38231
-₽34176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
social contributions
-
-
-
7 366
total
-
-
-
7 366
Employee
80 095
-
7 000
-
regional
1 209
-
-
-
national
13 535
-
-
-
social contributions
27 007
-
9 657
-
municipal
478
-
-
-
total
42 229
-
9 657
-
Employer
80 095
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 679
-
-
municipal
-
337
-
-
total
-
2 016
-
-
Dividends
-
4 983
-
-
withholding
-
1 295
-
-
total
-
1 295
-
-
Income
7 000
7 000
7 000
7 000
Total tax
42 229
3 311
9 657
7 366
After tax
-35 229
3 689
-2 657
-366
Living cost
37 865
37 865
37 865
37 865
Free-cash
-73 094
-34 176
-40 522
-38 231

Estimated living cost  is ₽37865 per week

₽26598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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