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
-₽27210
-₽24127
-₽27210
-₽28249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 296
Employee

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

35 249
-
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.

54
-
-
-
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.

985
-
-
-
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.

6 296
-
6 296
-
total
7 335
-
6 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
chamber of commerce
-
150
-
-
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
-
-
trade
-
1 102
-
-
income
-
1 049
-
-
total
-
2 359
-
-
Dividends
-
4 641
-
-
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.

-
44
-
-
withholding
-
810
-
-
total
-
854
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 335
3 213
6 296
6 296
After tax
-335
3 787
704
704
Living cost
27 914
27 914
27 914
27 914
Free-cash
-28 249
-24 127
-27 210
-27 210

Estimated living cost  is ₽27914 per week

₽17559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42395
-₽44236
-₽42519
-₽75183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
75
pensions
-
-
-
840
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
915
Employee
75 345
-
6 051
-
municipal
9 306
-
-
-
national
14 421
-
-
-
pensions
3 014
-
242
-
total
26 741
-
242
-
Employer
75 345
-
6 051
-
pensions
6 028
-
484
-
social contributions
810
-
65
-
total
6 838
-
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
33 579
2 632
791
915
After tax
-26 579
4 368
6 209
6 085
Living cost
48 604
48 604
48 604
48 604
Free-cash
-75 183
-44 236
-42 395
-42 519

Estimated living cost  is ₽48604 per week

₽33036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽727
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16106
-₽13574
-₽16123
-₽26417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 901
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 049
total
-
-
-
3 950
Employee
26 929
-
4 826
-
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.

2 963
-
993
-
income
4 794
-
766
-
total
7 757
-
1 759
-
Employer
26 929
-
4 826
-
surtax
-
-
-
-
social contributions

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

6 487
-
2 174
-
total
6 487
-
2 174
-
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%.

-
1 401
-
-
total
-
1 401
-
-
Dividends

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

-
5 599
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 244
1 401
3 933
3 950
After tax
-7 244
5 599
3 067
3 050
Living cost
19 173
19 173
19 173
19 173
Free-cash
-26 417
-13 574
-16 106
-16 123

Estimated living cost  is ₽19173 per week

₽12232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84517
-₽79344
-₽34570
-₽84517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 074
income
-
-
-
630
pensions
-
-
-
1 259
total
-
-
-
2 963
Employee
78 700
78 700
78 700
-
income

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

12 882
12 882
12 882
-
pensions
14 166
10 798
14 166
-
health
12 080
10 275
12 080
-
total
39 128
33 955
39 128
-
Employer
78 700
78 700
78 700
-
unemployment
2 833
2 833
2 833
-
health
5 471
5 471
5 471
-
pensions
5 478
5 478
5 478
-
total
13 782
13 782
13 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
52 910
47 737
52 910
2 963
After tax
-45 910
-40 737
-45 910
4 037
Living cost
38 607
38 607
38 607
38 607
Free-cash
-84 517
-79 344
-84 517
-34 570

Estimated living cost  is ₽38607 per week

₽27360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34003
-₽33918
-₽34251
-₽63673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
813
health
-
-
-
437
accident
-
-
-
14
pensions
-
-
-
757
national
-
-
-
-
unemployment
-
-
-
7
municipal
-
-
-
1 483
total
-
-
-
3 511
Employee
53 776
-
5 326
-
municipal
16 036
-
1 588
-
national
-
-
-
-
total
16 036
-
1 588
-
Employer
53 776
-
5 326
-
other
6 249
-
619
-
unemployment
1 420
-
141
-
health
3 307
-
328
-
accident
108
-
11
-
pensions
5 813
-
576
-
total
16 897
-
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
32 933
3 178
3 263
3 511
After tax
-25 933
3 822
3 737
3 489
Living cost
37 740
37 740
37 740
37 740
Free-cash
-63 673
-33 918
-34 003
-34 251

Estimated living cost  is ₽37740 per week

₽25013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35500
-₽32453
-₽35500
-₽39735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 296
Employee

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

46 736
-
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.

220
-
-
-
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.

4 015
-
-
-
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.

6 296
-
6 296
-
total
10 531
-
6 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
chamber of commerce
-
150
-
-
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
-
-
trade
-
1 151
-
-
income
-
1 049
-
-
total
-
2 408
-
-
Dividends
-
4 592
-
-
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.

-
44
-
-
withholding
-
797
-
-
total
-
841
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 531
3 249
6 296
6 296
After tax
-3 531
3 751
704
704
Living cost
36 204
36 204
36 204
36 204
Free-cash
-39 735
-32 453
-35 500
-35 500

Estimated living cost  is ₽36204 per week

₽24213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35674
-₽43733
-₽29251
-₽38695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 035
social contributions
-
-
-
5 465
health
-
-
-
894
income
-
-
-
-
total
-
-
-
6 359
Employee
70 866
70 866
70 866
-
social contributions
3 444
5 882
1 983
-
income
7 442
6 560
7 968
-
health
705
1 205
406
-
total
11 591
13 647
10 357
-
Employer
70 866
70 866
70 866
-
health
768
1 312
442
-
social contributions
3 444
5 882
1 983
-
total
4 212
7 194
2 425
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
15 803
20 841
12 782
6 359
After tax
-8 803
-13 841
-5 782
641
Living cost
29 892
29 892
29 892
29 892
Free-cash
-38 695
-43 733
-35 674
-29 251

Estimated living cost  is ₽29892 per week

₽20434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14492
-₽15302
-₽12553
-₽22857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
532
income
-
-
-
839
pensions
-
-
-
760
unemployment
-
-
-
114
total
-
-
-
2 245
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.

24 985
9 944
9 944
-
income
3 054
1 216
1 279
-
pensions
2 499
994
764
-
health
1 749
696
535
-
unemployment
375
149
115
-
total
7 677
3 055
2 693
-
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.

24 985
9 944
9 944
-
pensions
4 872
1 939
1 491
-
total
4 872
1 939
1 491
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 549
4 994
4 184
2 245
After tax
-5 549
2 006
2 816
4 755
Living cost
17 308
17 308
17 308
17 308
Free-cash
-22 857
-15 302
-14 492
-12 553

Estimated living cost  is ₽17308 per week

₽11812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19185
-₽16661
-₽18723
-₽27981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 364
income
-
-
-
-
pensions
-
-
-
2 099
total
-
-
-
3 463
Employee
26 144
-
3 453
-
income
2 943
-
-
-
pensions
523
-
210
-
unemployment
418
-
168
-
total
3 884
-
378
-
Employer
26 144
-
3 453
-
unemployment
210
-
84
-
health
3 398
-
1 364
-
pensions
5 229
-
2 099
-
total
8 837
-
3 547
-
Corporate
-
7 000
-
-
income
-
1 401
-
-
total
-
1 401
-
-
Dividends
-
5 599
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 721
1 401
3 925
3 463
After tax
-5 721
5 599
3 075
3 537
Living cost
22 260
22 260
22 260
22 260
Free-cash
-27 981
-16 661
-19 185
-18 723

Estimated living cost  is ₽22260 per week

₽15268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16743
-₽19873
-₽20005
-₽31707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
94
pensions
-
-
-
3 866
total
-
-
-
6 565
Employee
32 153
-
5 815
-
income
4 411
-
798
-
pensions
3 621
-
655
-
health
3 682
-
666
-
total
11 714
-
2 119
-
Employer
32 153
-
5 815
-
unemployment
788
-
142
-
accident
537
-
97
-
pensions
5 228
-
945
-
total
6 553
-
1 184
-
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
18 267
6 433
3 303
6 565
After tax
-11 267
567
3 697
435
Living cost
20 440
20 440
20 440
20 440
Free-cash
-31 707
-19 873
-16 743
-20 005

Estimated living cost  is ₽20440 per week

₽14981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2057
-₽1007
-₽727
-₽2571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 571
-
7 000
-
income
1 914
-
1 400
-
total
1 914
-
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
1 914
350
1 400
70
After tax
5 086
6 650
5 600
6 930
Living cost
7 657
7 657
7 657
7 657
Free-cash
-2 571
-1 007
-2 057
-727

Estimated living cost  is ₽7657 per week

₽4745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20583
-₽19415
-₽21575
-₽34897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
476
health
-
-
-
441
income
-
-
-
700
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.

-
-
-
2 401
total
-
-
-
4 018
Employee
33 462
-
5 416
-
income
5 761
-
932
-
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.

2 342
-
380
-
health
469
-
75
-
unemployment
334
-
54
-
total
8 906
-
1 441
-
Employer
33 462
-
5 416
-
other
1 674
-
490
-
unemployment
334
-
54
-
health
469
-
75
-
accident
268
-
44
-
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.

5 689
-
922
-
total
8 434
-
1 585
-
Corporate
-
7 000
-
-
income
-
1 471
-
-
total
-
1 471
-
-
Dividends
-
5 529
-
-
withholding
-
387
-
-
total
-
387
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 340
1 858
3 026
4 018
After tax
-10 340
5 142
3 974
2 982
Living cost
24 557
24 557
24 557
24 557
Free-cash
-34 897
-19 415
-20 583
-21 575

Estimated living cost  is ₽24557 per week

₽17351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55391
-₽55642
-₽55288
-₽90956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 400
pensions
-
-
-
-
total
-
-
-
1 400
Employee
86 147
-
6 870
-
income
15 529
-
1 373
-
health
1 420
-
-
-
pensions
8 311
-
-
-
total
25 260
-
1 373
-
Employer
86 147
-
6 870
-
health
1 636
-
130
-
pensions
10 172
-
-
-
total
11 808
-
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
37 068
1 754
1 503
1 400
After tax
-30 068
5 246
5 497
5 600
Living cost
60 888
60 888
60 888
60 888
Free-cash
-90 956
-55 642
-55 391
-55 288

Estimated living cost  is ₽60888 per week

₽45625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7528
-₽5938
-₽7843
-₽11885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
806
income
-
-
-
1 050
pensions

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

-
-
-
1 036
unemployment
-
-
-
28
total
-
-
-
2 920
Employee
15 787
-
5 836
-
income
1 578
-
583
-
accident

We are using the highest rate at 1.1%.

174
-
65
-
pensions

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

1 386
-
521
-
health
726
-
273
-
total
3 864
-
1 442
-
Employer
15 787
-
5 836
-
unemployment
94
-
35
-
health
1 090
-
409
-
accident

We are using the highest rate at 1.1%.

174
-
65
-
pensions

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

1 740
-
654
-
total
3 098
-
1 163
-
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
6 962
1 015
2 605
2 920
After tax
38
5 985
4 395
4 080
Living cost
11 923
11 923
11 923
11 923
Free-cash
-11 885
-5 938
-7 528
-7 843

Estimated living cost  is ₽11923 per week

₽6961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽97014
-₽91841
-₽47067
-₽93403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 074
income
-
-
-
630
pensions
-
-
-
1 259
total
-
-
-
2 963
Employee
85 443
78 700
78 700
-
income

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

12 882
12 882
12 882
-
pensions
10 798
10 798
14 166
-
health
10 660
10 275
12 080
-
total
34 340
33 955
39 128
-
Employer
85 443
78 700
78 700
-
unemployment
3 076
2 833
2 833
-
health
5 937
5 471
5 471
-
pensions
5 946
5 478
5 478
-
total
14 959
13 782
13 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
49 299
47 737
52 910
2 963
After tax
-42 299
-40 737
-45 910
4 037
Living cost
51 104
51 104
51 104
51 104
Free-cash
-93 403
-91 841
-97 014
-47 067

Estimated living cost  is ₽51104 per week

₽37697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19197
-₽17930
-₽19340
-₽37828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 044
health
-
-
-
945
income
-
-
-
602
solidarity contribution
-
-
-
-
total
-
-
-
3 591
Employee
33 454
-
5 224
-
social contributions
2 175
-
340
-
solidarity contribution
-
-
-
-
income
4 014
-
627
-
health
4 516
-
705
-
total
10 705
-
1 672
-
Employer
33 454
-
5 224
-
health
3 011
-
470
-
social contributions
8 363
-
1 306
-
total
11 374
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 079
2 181
3 448
3 591
After tax
-15 079
4 819
3 552
3 409
Living cost
22 749
22 749
22 749
22 749
Free-cash
-37 828
-17 930
-19 197
-19 340

Estimated living cost  is ₽22749 per week

₽15801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4882
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41252
-₽35154
-₽39030
-₽74906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 142
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 142
Employee
81 905
-
7 000
-
social contributions
27 619
-
9 364
-
municipal
434
-
-
-
national
14 192
-
-
-
regional
773
-
-
-
total
43 018
-
9 364
-
Employer
81 905
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 681
-
-
municipal
-
273
-
-
total
-
1 954
-
-
Dividends
-
5 046
-
-
withholding
-
1 312
-
-
total
-
1 312
-
-
Income
7 000
7 000
7 000
7 000
Total tax
43 018
3 266
9 364
7 142
After tax
-36 018
3 734
-2 364
-142
Living cost
38 888
38 888
38 888
38 888
Free-cash
-74 906
-35 154
-41 252
-39 030

Estimated living cost  is ₽38888 per week

₽27108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18397
-₽15934
-₽17572
-₽29891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
874
income
-
-
-
691
pensions
-
-
-
2 461
surtax
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
4 236
Employee
30 477
-
4 412
-
surtax
100
-
-
-
income
5 109
-
484
-
other
-
-
-
-
pensions
2 032
-
820
-
health
778
-
313
-
unemployment
2 121
-
855
-
total
10 140
-
2 472
-
Employer
30 477
-
4 412
-
other
-
-
-
-
unemployment
965
-
390
-
health
1 387
-
560
-
pensions
4 063
-
1 639
-
total
6 415
-
2 589
-
Corporate
-
7 000
-
-
income
-
1 821
-
-
total
-
1 821
-
-
Dividends
-
5 179
-
-
withholding
-
777
-
-
total
-
777
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 555
2 598
5 061
4 236
After tax
-9 555
4 402
1 939
2 764
Living cost
20 336
20 336
20 336
20 336
Free-cash
-29 891
-15 934
-18 397
-17 572

Estimated living cost  is ₽20336 per week

₽12435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36100
-₽36351
-₽35997
-₽58080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 400
pensions
-
-
-
-
total
-
-
-
1 400
Employee
57 734
-
6 870
-
income
10 398
-
1 373
-
health
838
-
-
-
pensions
4 900
-
-
-
total
16 136
-
1 373
-
Employer
57 734
-
6 870
-
health
1 097
-
130
-
pensions
6 250
-
-
-
total
7 347
-
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
23 483
1 754
1 503
1 400
After tax
-16 483
5 246
5 497
5 600
Living cost
41 597
41 597
41 597
41 597
Free-cash
-58 080
-36 351
-36 100
-35 997

Estimated living cost  is ₽41597 per week

₽31164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70525
-₽70415
-₽67714
-₽87359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
140
health
-
-
-
240
pensions
-
-
-
645
city
-
-
-
72
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
1 097
Employee
86 151
-
4 960
-
national
408
-
-
-
city
925
-
36
-
pensions
7 238
-
1 876
-
health
195
-
11
-
regional
2 821
-
-
-
unemployment
-
-
-
-
total
11 587
-
1 923
-
Employer
86 151
-
4 960
-
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.

1 722
-
98
-
unemployment
-
-
-
-
health
195
-
11
-
pensions
7 238
-
1 876
-
total
9 155
-
1 985
-
Corporate
-
7 000
-
-
regional
-
1 480
-
-
national
-
596
-
-
total
-
2 076
-
-
Dividends
-
4 924
-
-
withholding
-
1 722
-
-
total
-
1 722
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 742
3 798
3 908
1 097
After tax
-13 742
3 202
3 092
5 903
Living cost
73 617
73 617
73 617
73 617
Free-cash
-87 359
-70 415
-70 525
-67 714

Estimated living cost  is ₽73617 per week

₽47872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽904
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41515
-₽38505
-₽41515
-₽48387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 296
Employee

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

55 386
-
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.

359
-
-
-
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.

6 513
-
-
-
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.

6 296
-
6 296
-
total
13 168
-
6 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
chamber of commerce
-
150
-
-
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
-
-
trade
-
1 200
-
-
income
-
1 049
-
-
total
-
2 457
-
-
Dividends
-
4 543
-
-
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.

-
44
-
-
withholding
-
785
-
-
total
-
829
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 168
3 286
6 296
6 296
After tax
-6 168
3 714
704
704
Living cost
42 219
42 219
42 219
42 219
Free-cash
-48 387
-38 505
-41 515
-41 515

Estimated living cost  is ₽42219 per week

₽30835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26951
-₽28003
-₽28681
-₽44763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
217
social contributions
-
-
-
199
health
-
-
-
245
income
-
-
-
-
pensions
-
-
-
3 489
surtax
-
-
-
-
total
-
-
-
4 150
Employee
39 443
-
5 333
-
surtax
-
-
-
-
social contributions
1 125
-
152
-
income
2 328
-
-
-
pensions
4 460
-
602
-
total
7 913
-
754
-
Employer
39 443
-
5 333
-
other
1 361
-
184
-
unemployment
1 597
-
217
-
health
2 762
-
373
-
pensions
6 480
-
876
-
social contributions
119
-
16
-
total
12 319
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
social contributions
-
866
-
-
surtax
-
-
-
-
withholding
-
645
-
-
total
-
1 511
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 232
3 472
2 420
4 150
After tax
-13 232
3 528
4 580
2 850
Living cost
31 531
31 531
31 531
31 531
Free-cash
-44 763
-28 003
-26 951
-28 681

Estimated living cost  is ₽31531 per week

₽19881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23827
-₽24879
-₽25557
-₽39202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
217
social contributions
-
-
-
199
health
-
-
-
245
income
-
-
-
-
pensions
-
-
-
3 489
surtax
-
-
-
-
total
-
-
-
4 150
Employee
35 208
-
5 333
-
surtax
-
-
-
-
social contributions
1 004
-
152
-
income
1 815
-
-
-
pensions
3 982
-
602
-
total
6 801
-
754
-
Employer
35 208
-
5 333
-
other
1 215
-
184
-
unemployment
1 425
-
217
-
health
2 464
-
373
-
pensions
5 785
-
876
-
social contributions
105
-
16
-
total
10 994
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
social contributions
-
866
-
-
surtax
-
-
-
-
withholding
-
645
-
-
total
-
1 511
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 795
3 472
2 420
4 150
After tax
-10 795
3 528
4 580
2 850
Living cost
28 407
28 407
28 407
28 407
Free-cash
-39 202
-24 879
-23 827
-25 557

Estimated living cost  is ₽28407 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15104
-₽16309
-₽16011
-₽26668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
1 607
health
-
-
-
813
income
-
-
-
1 049
total
-
-
-
3 469
Employee
31 247
-
7 000
-
social contributions
4 313
-
1 607
-
income
5 212
-
142
-
health
2 181
-
813
-
total
11 706
-
2 562
-
Employer
31 247
-
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
1 607
1 607
-
-
withholding
-
997
-
-
health
813
813
-
-
total
2 420
3 417
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 126
3 767
2 562
3 469
After tax
-7 126
3 233
4 438
3 531
Living cost
19 542
19 542
19 542
19 542
Free-cash
-26 668
-16 309
-15 104
-16 011

Estimated living cost  is ₽19542 per week

₽13078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
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.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37077
-₽46460
-₽33738
-₽53367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
703
income
-
-
-
-
chamber of commerce
-
-
-
28
pensions
-
-
-
1 700
surtax
-
-
-
182
unemployment
-
-
-
5 652
total
-
-
-
8 265
Employee
46 057
36 727
36 727
-
income
5 243
2 709
4 315
-
other
460
367
93
-
pensions
4 717
3 760
941
-
health
1 782
1 422
355
-
unemployment
1 382
1 102
276
-
total
13 584
9 360
5 980
-
Employer
46 057
36 727
36 727
-
other
2 188
1 744
1 511
-
unemployment
1 382
1 102
276
-
health
1 740
1 389
348
-
surtax
182
182
182
-
accident
598
477
30
-
pensions
5 780
4 610
1 154
-
payroll
1 382
1 102
1 102
-
chamber of commerce
184
147
147
-
total
13 436
10 753
4 750
-
Corporate
3 498
3 498
3 498
-
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.

874
874
874
-
total
874
874
874
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 894
20 987
11 604
8 265
After tax
-20 894
-13 987
-4 604
-1 265
Living cost
32 473
32 473
32 473
32 473
Free-cash
-53 367
-46 460
-37 077
-33 738

Estimated living cost  is ₽32473 per week

₽21658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30352
-₽29367
-₽32123
-₽78111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
4 858
communal

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

-
-
-
128
national
-
-
-
535
total
-
-
-
5 521
Employee

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

65 922
-
5 421
-
national
20 267
-
1 179
-
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.

4 944
-
406
-
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.

3 097
-
255
-
communal

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

3 438
-
283
-
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.

574
-
47
-
total
32 320
-
2 170
-
Employer

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

65 922
-
5 421
-
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.

962
-
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.

4 054
-
334
-
surtax
7 475
-
616
-
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.

857
-
70
-
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.

5 841
-
481
-
total
19 189
-
1 580
-
Corporate
-
7 000
-
-
surtax
-
28
-
-
income
-
1 401
-
-
total
-
1 429
-
-
Dividends
-
5 571
-
-
withholding

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

-
1 336
-
-
total
-
1 336
-
-
Income
7 000
7 000
7 000
7 000
Total tax
51 509
2 765
3 750
5 521
After tax
-44 509
4 235
3 250
1 479
Living cost
33 602
33 602
33 602
33 602
Free-cash
-78 111
-29 367
-30 352
-32 123

Estimated living cost  is ₽33602 per week

₽21644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38049
-₽28462
-₽32428
-₽53499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
19
accident
-
-
-
178
income
-
-
-
201
pensions
-
-
-
5 609
unemployment
-
-
-
138
total
-
-
-
6 145
Employee
45 875
-
-
-
income
9 679
-
-
-
other
45
-
31
-
pensions
2 156
-
1 446
-
unemployment
712
-
477
-
total
12 592
-
1 954
-
Employer
45 875
-
-
-
other
366
-
247
-
unemployment
2 524
-
1 693
-
accident
908
-
609
-
pensions
10 826
-
7 263
-
total
14 624
-
9 812
-
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.

-
1 049
-
-
total
-
1 049
-
-
Dividends
-
5 951
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 216
2 179
11 766
6 145
After tax
-20 216
4 821
-4 766
855
Living cost
33 283
33 283
33 283
33 283
Free-cash
-53 499
-28 462
-38 049
-32 428

Estimated living cost  is ₽33283 per week

₽24509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53784
-₽45292
-₽53783
-₽71128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 288
accident
-
-
-
395
income
-
-
-
-
pensions
-
-
-
7 017
communal
-
-
-
-
surtax
-
-
-
-
total
-
-
-
10 700
Employee
69 791
-
1 759
-
surtax
4 278
-
-
-
income
6 741
-
-
-
pensions
5 582
-
3 508
-
health
3 106
-
1 952
-
total
19 707
-
5 460
-
Employer
69 791
-
1 759
-
health
2 128
-
1 338
-
accident
628
-
395
-
pensions
5 582
-
3 508
-
total
8 338
-
5 241
-
Corporate
-
7 000
-
-
surtax
-
73
-
-
income
-
1 049
-
-
communal
-
-
-
-
total
-
1 122
-
-
Dividends
-
5 877
-
-
income
-
206
-
-
withholding
-
881
-
-
total
-
1 087
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 045
2 209
10 701
10 700
After tax
-21 045
4 791
-3 701
-3 700
Living cost
50 083
50 083
50 083
50 083
Free-cash
-71 128
-45 292
-53 784
-53 783

Estimated living cost  is ₽50083 per week

₽37570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18761
-₽16298
-₽17936
-₽30570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
874
income
-
-
-
691
pensions
-
-
-
2 461
surtax
-
-
-
-
unemployment
-
-
-
210
total
-
-
-
4 236
Employee
31 036
-
4 412
-
surtax
110
-
-
-
income
5 203
-
484
-
other
-
-
-
-
pensions
2 071
-
820
-
health
792
-
313
-
unemployment
2 160
-
855
-
total
10 336
-
2 472
-
Employer
31 036
-
4 412
-
other
-
-
-
-
unemployment
985
-
390
-
health
1 411
-
560
-
pensions
4 138
-
1 639
-
total
6 534
-
2 589
-
Corporate
-
7 000
-
-
income
-
1 821
-
-
total
-
1 821
-
-
Dividends
-
5 179
-
-
withholding
-
777
-
-
total
-
777
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 870
2 598
5 061
4 236
After tax
-9 870
4 402
1 939
2 764
Living cost
20 700
20 700
20 700
20 700
Free-cash
-30 570
-16 298
-18 761
-17 936

Estimated living cost  is ₽20700 per week

₽12498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27190
-₽21147
-₽24968
-₽44123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 142
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 142
Employee
51 122
-
7 000
-
social contributions
17 239
-
9 364
-
municipal
271
-
-
-
national
8 099
-
-
-
regional
688
-
-
-
total
26 297
-
9 364
-
Employer
51 122
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 681
-
-
municipal
-
348
-
-
total
-
2 029
-
-
Dividends
-
4 971
-
-
withholding
-
1 292
-
-
total
-
1 292
-
-
Income
7 000
7 000
7 000
7 000
Total tax
26 297
3 321
9 364
7 142
After tax
-19 297
3 679
-2 364
-142
Living cost
24 826
24 826
24 826
24 826
Free-cash
-44 123
-21 147
-27 190
-24 968

Estimated living cost  is ₽24826 per week

₽15439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24480
-₽23213
-₽24623
-₽48240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 044
health
-
-
-
945
income
-
-
-
602
solidarity contribution
-
-
-
-
total
-
-
-
3 591
Employee
41 224
-
5 224
-
social contributions
2 680
-
340
-
solidarity contribution
-
-
-
-
income
4 947
-
627
-
health
5 565
-
705
-
total
13 192
-
1 672
-
Employer
41 224
-
5 224
-
health
3 710
-
470
-
social contributions
10 306
-
1 306
-
total
14 016
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
851
-
-
total
-
851
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 208
2 181
3 448
3 591
After tax
-20 208
4 819
3 552
3 409
Living cost
28 032
28 032
28 032
28 032
Free-cash
-48 240
-23 213
-24 480
-24 623

Estimated living cost  is ₽28032 per week

₽20847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33825
-₽43207
-₽30485
-₽45751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
703
income
-
-
-
-
chamber of commerce
-
-
-
28
pensions
-
-
-
1 700
surtax
-
-
-
-
unemployment
-
-
-
5 652
total
-
-
-
8 083
Employee
40 285
36 727
36 727
-
income
3 589
2 709
4 315
-
other
402
367
93
-
pensions
4 126
3 760
941
-
health
1 558
1 422
355
-
unemployment
1 208
1 102
276
-
total
10 883
9 360
5 980
-
Employer
40 285
36 727
36 727
-
other
1 913
1 744
1 511
-
unemployment
1 208
1 102
276
-
health
1 523
1 389
348
-
surtax
-
-
-
-
accident
523
477
31
-
pensions
5 056
4 610
1 154
-
payroll
1 208
1 102
1 102
-
chamber of commerce
161
147
147
-
total
11 592
10 571
4 569
-
Corporate
3 498
3 498
3 498
-
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.

874
874
874
-
total
874
874
874
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
23 349
20 805
11 423
8 083
After tax
-16 349
-13 805
-4 423
-1 083
Living cost
29 402
29 402
29 402
29 402
Free-cash
-45 751
-43 207
-33 825
-30 485

Estimated living cost  is ₽29402 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6332
-₽5282
-₽5002
-₽7915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 915
-
7 000
-
income
2 983
-
1 400
-
total
2 983
-
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
2 983
350
1 400
70
After tax
4 017
6 650
5 600
6 930
Living cost
11 932
11 932
11 932
11 932
Free-cash
-7 915
-5 282
-6 332
-5 002

Estimated living cost  is ₽11932 per week

₽8075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20755
-₽19898
-₽20499
-₽40098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
689
income
-
-
-
803
pensions
-
-
-
1 278
unemployment
-
-
-
10
total
-
-
-
2 780
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.

40 753
-
6 057
-
income
7 028
-
756
-
pensions
6 317
-
939
-
health
2 632
-
390
-
unemployment
58
-
9
-
total
16 035
-
2 094
-
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.

40 753
-
6 057
-
unemployment
24
-
3
-
health
2 714
-
402
-
pensions
3 606
-
537
-
total
6 344
-
942
-
Corporate
-
7 000
-
-
income
-
1 329
-
-
total
-
1 329
-
-
Dividends
-
5 671
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 379
2 179
3 036
2 780
After tax
-15 379
4 821
3 964
4 220
Living cost
24 719
24 719
24 719
24 719
Free-cash
-40 098
-19 898
-20 755
-20 499

Estimated living cost  is ₽24719 per week

₽16964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5693
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47667
-₽37635
-₽37195
-₽137768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
976
income
-
-
-
1 325
total
-
-
-
2 301
Employee
60 070
-
-
-
social contributions
4 926
-
702
-
income
13 250
-
-
-
total
18 176
-
702
-
Employer
60 070
-
-
-
social contributions
84 698
-
12 071
-
total
84 698
-
12 071
-
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
102 874
2 741
12 773
2 301
After tax
-95 874
4 259
-5 773
4 699
Living cost
41 894
41 894
41 894
41 894
Free-cash
-137 768
-37 635
-47 667
-37 195

Estimated living cost  is ₽41894 per week

₽27182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24602
-₽24926
-₽24749
-₽45453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
2 433
income
-
-
-
409
surtax
-
-
-
-
total
-
-
-
2 842
Employee
42 386
-
5 657
-
surtax
-
-
-
-
social contributions
4 663
-
623
-
income
8 816
-
729
-
total
13 479
-
1 352
-
Employer
42 386
-
5 657
-
social contributions
10 067
-
1 343
-
total
10 067
-
1 343
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 471
-
-
total
-
1 471
-
-
Dividends
-
5 529
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
23 546
3 019
2 695
2 842
After tax
-16 546
3 981
4 305
4 158
Living cost
28 907
28 907
28 907
28 907
Free-cash
-45 453
-24 926
-24 602
-24 749

Estimated living cost  is ₽28907 per week

₽21629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39932
-₽40984
-₽41662
-₽68748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
217
social contributions
-
-
-
199
health
-
-
-
245
income
-
-
-
-
pensions
-
-
-
3 489
surtax
-
-
-
-
total
-
-
-
4 150
Employee
57 721
-
5 333
-
surtax
-
-
-
-
social contributions
1 644
-
152
-
income
5 036
-
-
-
pensions
6 529
-
602
-
total
13 209
-
754
-
Employer
57 721
-
5 333
-
other
1 992
-
184
-
unemployment
2 338
-
217
-
health
4 040
-
373
-
pensions
9 484
-
876
-
social contributions
173
-
16
-
total
18 027
-
1 666
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 961
-
-
total
-
1 961
-
-
Dividends
-
5 039
-
-
social contributions
-
866
-
-
surtax
-
-
-
-
withholding
-
645
-
-
total
-
1 511
-
-
Income
7 000
7 000
7 000
7 000
Total tax
31 236
3 472
2 420
4 150
After tax
-24 236
3 528
4 580
2 850
Living cost
44 512
44 512
44 512
44 512
Free-cash
-68 748
-40 984
-39 932
-41 662

Estimated living cost  is ₽44512 per week

₽30125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22036
-₽21403
-₽22242
-₽27222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 539
total
-
-
-
1 539
Employee
29 628
-
6 059
-
income
-
-
-
-
social contributions
1 926
-
394
-
total
1 926
-
394
-
Employer
29 628
-
6 059
-
social contributions
4 593
-
939
-
total
4 593
-
939
-
Corporate
-
7 000
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
6 300
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
6 519
700
1 333
1 539
After tax
481
6 300
5 667
5 461
Living cost
27 703
27 703
27 703
27 703
Free-cash
-27 222
-21 403
-22 036
-22 242

Estimated living cost  is ₽27703 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽193480
-₽193480
-₽38609
-₽193480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
496
pensions
-
-
-
798
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
1 294
Employee
187 041
187 041
187 041
-
labour market
14 942
14 942
14 942
-
municipal
39 829
39 829
39 829
-
national
22 850
22 850
22 850
-
pensions
266
266
266
-
total
77 887
77 887
77 887
-
Employer
187 041
187 041
187 041
-
national
22 890
22 890
22 890
-
labour market
14 963
14 963
14 963
-
pensions
532
532
532
-
municipal
39 893
39 893
39 893
-
total
78 278
78 278
78 278
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
156 165
156 165
156 165
1 294
After tax
-149 165
-149 165
-149 165
5 706
Living cost
44 315
44 315
44 315
44 315
Free-cash
-193 480
-193 480
-193 480
-38 609

Estimated living cost  is ₽44315 per week

₽30329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽682
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16442
-₽19572
-₽19704
-₽31136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
94
pensions
-
-
-
3 866
total
-
-
-
6 565
Employee
31 679
-
5 815
-
income
4 346
-
798
-
pensions
3 567
-
655
-
health
3 628
-
666
-
total
11 541
-
2 119
-
Employer
31 679
-
5 815
-
unemployment
776
-
142
-
accident
529
-
97
-
pensions
5 151
-
945
-
total
6 456
-
1 184
-
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
17 997
6 433
3 303
6 565
After tax
-10 997
567
3 697
435
Living cost
20 139
20 139
20 139
20 139
Free-cash
-31 136
-19 572
-16 442
-19 704

Estimated living cost  is ₽20139 per week

₽14659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30949
-₽30539
-₽29641
-₽50636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
1 259
total
-
-
-
1 259
Employee
48 487
-
5 889
-
municipal
7 942
-
972
-
national
801
-
-
-
pensions
3 272
-
397
-
health
362
-
-
-
unemployment
728
-
89
-
total
13 105
-
1 458
-
Employer
48 487
-
5 889
-
unemployment
315
-
38
-
health
373
-
45
-
accident
49
-
5
-
pensions
8 412
-
1 021
-
total
9 149
-
1 109
-
Corporate
-
7 000
-
-
income
-
1 401
-
-
total
-
1 401
-
-
Dividends

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

-
4 199
-
-
national
-
-
-
-
municipal
-
756
-
-
total
-
756
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 254
2 157
2 567
1 259
After tax
-15 254
4 843
4 433
5 741
Living cost
35 382
35 382
35 382
35 382
Free-cash
-50 636
-30 539
-30 949
-29 641

Estimated living cost  is ₽35382 per week

₽23112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27119
-₽35178
-₽20696
-₽28556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 035
social contributions
-
-
-
5 465
health
-
-
-
894
income
-
-
-
-
total
-
-
-
6 359
Employee
70 866
70 866
70 866
-
social contributions
2 679
5 882
1 983
-
income
7 716
6 560
7 968
-
health
549
1 205
406
-
total
10 944
13 647
10 357
-
Employer
70 866
70 866
70 866
-
health
596
1 312
442
-
social contributions
2 679
5 882
1 983
-
total
3 275
7 194
2 425
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 219
20 841
12 782
6 359
After tax
-7 219
-13 841
-5 782
641
Living cost
21 337
21 337
21 337
21 337
Free-cash
-28 556
-35 178
-27 119
-20 696

Estimated living cost  is ₽21337 per week

₽12788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13273
-₽8836
-₽16855
-₽16330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 335
income
-
-
-
-
pensions
-
-
-
5 862
unemployment
-
-
-
26
total
-
-
-
9 223
Employee

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

21 154
-
5 346
-
income
1 446
-
135
-
pensions
3 172
-
2 408
-
health
1 798
-
1 364
-
unemployment
105
-
80
-
total
6 521
-
3 987
-
Employer

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

21 154
-
5 346
-
unemployment
105
-
80
-
health
909
-
691
-
pensions
1 163
-
883
-
total
2 177
-
1 654
-
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
8 698
1 204
5 641
9 223
After tax
-1 698
5 796
1 359
-2 223
Living cost
14 632
14 632
14 632
14 632
Free-cash
-16 330
-8 836
-13 273
-16 855

Estimated living cost  is ₽14632 per week

₽9336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30109
-₽20522
-₽24488
-₽37940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
19
accident
-
-
-
178
income
-
-
-
201
pensions
-
-
-
5 609
unemployment
-
-
-
138
total
-
-
-
6 145
Employee
34 077
-
-
-
income
6 570
-
-
-
other
33
-
31
-
pensions
1 602
-
1 446
-
unemployment
528
-
477
-
total
8 733
-
1 954
-
Employer
34 077
-
-
-
other
273
-
247
-
unemployment
1 875
-
1 693
-
accident
675
-
609
-
pensions
8 041
-
7 263
-
total
10 864
-
9 812
-
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.

-
1 049
-
-
total
-
1 049
-
-
Dividends
-
5 951
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
19 597
2 179
11 766
6 145
After tax
-12 597
4 821
-4 766
855
Living cost
25 343
25 343
25 343
25 343
Free-cash
-37 940
-20 522
-30 109
-24 488

Estimated living cost  is ₽25343 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1854
₽2675
₽1863
₽2396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
895
income
-
-
-
1 314
pensions
-
-
-
1 235
total
-
-
-
3 444
Employee
2 579
-
5 714
-
income
499
-
1 310
-
pensions
232
-
514
-
health
129
-
286
-
unemployment
26
-
57
-
total
886
-
2 167
-
Employer
2 579
-
5 714
-
unemployment
52
-
114
-
health
245
-
543
-
pensions
284
-
629
-
total
581
-
1 286
-
Corporate
3 841
7 000
-
-
income
845
1 540
-
-
total
845
1 540
-
-
Dividends
2 996
5 460
-
-
withholding
599
1 092
-
-
total
599
1 092
-
-
Income
7 000
7 000
7 000
7 000
Total tax
2 911
2 632
3 453
3 444
After tax
4 089
4 368
3 547
3 556
Living cost
1 693
1 693
1 693
1 693
Free-cash
2 396
2 675
1 854
1 863

Estimated living cost  is ₽1693 per week

₽1006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11359
-₽10854
-₽11720
-₽21290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
721
income
-
-
-
162
pensions
-
-
-
1 820
unemployment
-
-
-
105
total
-
-
-
2 808
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.

23 995
-
5 937
-
income
3 308
-
202
-
pensions
3 359
-
831
-
health
1 236
-
306
-
unemployment
180
-
45
-
total
8 083
-
1 384
-
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.

23 995
-
5 937
-
unemployment
180
-
45
-
health
1 236
-
306
-
pensions
2 879
-
712
-
total
4 295
-
1 063
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
892
-
-
total
-
892
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 378
1 942
2 447
2 808
After tax
-5 378
5 058
4 553
4 192
Living cost
15 912
15 912
15 912
15 912
Free-cash
-21 290
-10 854
-11 359
-11 720

Estimated living cost  is ₽15912 per week

₽10714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20540
-₽20864
-₽20687
-₽37263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
2 433
income
-
-
-
409
surtax
-
-
-
-
total
-
-
-
2 842
Employee
35 769
-
5 657
-
surtax
-
-
-
-
social contributions
3 935
-
623
-
income
6 989
-
729
-
total
10 924
-
1 352
-
Employer
35 769
-
5 657
-
social contributions
8 494
-
1 343
-
total
8 494
-
1 343
-
Corporate
-
7 000
-
-
surtax
-
-
-
-
income
-
1 471
-
-
total
-
1 471
-
-
Dividends
-
5 529
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
19 418
3 019
2 695
2 842
After tax
-12 418
3 981
4 305
4 158
Living cost
24 845
24 845
24 845
24 845
Free-cash
-37 263
-20 864
-20 540
-20 687

Estimated living cost  is ₽24845 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37155
-₽27568
-₽31534
-₽51700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
19
accident
-
-
-
178
income
-
-
-
201
pensions
-
-
-
5 609
unemployment
-
-
-
138
total
-
-
-
6 145
Employee
44 509
-
-
-
income
9 296
-
-
-
other
44
-
31
-
pensions
2 092
-
1 446
-
unemployment
689
-
477
-
total
12 121
-
1 954
-
Employer
44 509
-
-
-
other
357
-
247
-
unemployment
2 448
-
1 693
-
accident
881
-
609
-
pensions
10 504
-
7 263
-
total
14 190
-
9 812
-
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.

-
1 049
-
-
total
-
1 049
-
-
Dividends
-
5 951
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
26 311
2 179
11 766
6 145
After tax
-19 311
4 821
-4 766
855
Living cost
32 389
32 389
32 389
32 389
Free-cash
-51 700
-27 568
-37 155
-31 534

Estimated living cost  is ₽32389 per week

₽23260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11248
-₽9658
-₽11563
-₽17778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
806
income
-
-
-
1 050
pensions

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

-
-
-
1 036
unemployment
-
-
-
28
total
-
-
-
2 920
Employee
20 714
-
5 836
-
income
2 072
-
583
-
accident

We are using the highest rate at 1.1%.

228
-
65
-
pensions

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

1 818
-
521
-
health
953
-
273
-
total
5 071
-
1 442
-
Employer
20 714
-
5 836
-
unemployment
124
-
35
-
health
1 429
-
409
-
accident

We are using the highest rate at 1.1%.

228
-
65
-
pensions

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

2 283
-
654
-
total
4 064
-
1 163
-
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
9 135
1 015
2 605
2 920
After tax
-2 135
5 985
4 395
4 080
Living cost
15 643
15 643
15 643
15 643
Free-cash
-17 778
-9 658
-11 248
-11 563

Estimated living cost  is ₽15643 per week

₽10346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34876
-₽31720
-₽34876
-₽38855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 296
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 296
Employee

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

45 855
-
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.

208
-
-
-
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.

3 771
-
-
-
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.

6 296
-
6 296
-
total
10 275
-
6 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
chamber of commerce
-
150
-
-
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
-
-
trade
-
1 004
-
-
income
-
1 049
-
-
total
-
2 261
-
-
Dividends
-
4 739
-
-
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
-
834
-
-
total
-
879
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 275
3 140
6 296
6 296
After tax
-3 275
3 860
704
704
Living cost
35 580
35 580
35 580
35 580
Free-cash
-38 855
-31 720
-34 876
-34 876

Estimated living cost  is ₽35580 per week

₽24544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45498
-₽47598
-₽45498
-₽65090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
72 089
-
7 000
-
income
13 603
-
-
-
social contributions
5 989
-
-
-
total
19 592
-
-
-
Employer
72 089
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
874
-
-
total
-
874
-
-
Dividends
-
6 126
-
-
withholding
-
1 226
-
-
total
-
1 226
-
-
Income
7 000
7 000
7 000
7 000
Total tax
19 592
2 100
-
-
After tax
-12 592
4 900
7 000
7 000
Living cost
52 498
52 498
52 498
52 498
Free-cash
-65 090
-47 598
-45 498
-45 498

Estimated living cost  is ₽52498 per week

₽39939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29658
-₽31655
-₽58360
-₽42264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 233
health

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

-
-
-
5 673
total
-
-
-
31 906
Employee
42 277
-
5 398
-
income
4 587
-
-
-
social contributions
4 236
-
1 602
-
total
8 823
-
1 602
-
Employer
42 277
-
5 398
-
social contributions
4 236
-
1 602
-
total
4 236
-
1 602
-
Corporate
-
7 000
-
-
income
-
2 450
-
-
total
-
2 450
-
-
Dividends
-
4 550
-
-
social contributions
2 751
2 751
-
-
total
2 751
2 751
-
-
Income
7 000
7 000
7 000
7 000
Total tax
15 810
5 201
3 204
31 906
After tax
-8 810
1 799
3 796
-24 906
Living cost
33 454
33 454
33 454
33 454
Free-cash
-42 264
-31 655
-29 658
-58 360

Estimated living cost  is ₽33454 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28320
-₽28571
-₽28217
-₽44991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 400
pensions
-
-
-
-
total
-
-
-
1 400
Employee
46 419
-
6 870
-
income
8 453
-
1 373
-
health
606
-
-
-
pensions
3 543
-
-
-
total
12 602
-
1 373
-
Employer
46 419
-
6 870
-
health
882
-
130
-
pensions
4 690
-
-
-
total
5 572
-
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
18 174
1 754
1 503
1 400
After tax
-11 174
5 246
5 497
5 600
Living cost
33 817
33 817
33 817
33 817
Free-cash
-44 991
-28 571
-28 320
-28 217

Estimated living cost  is ₽33817 per week

₽23198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18435
-₽21565
-₽21697
-₽34909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
344
health
-
-
-
2 026
accident
-
-
-
235
income
-
-
-
94
pensions
-
-
-
3 866
total
-
-
-
6 565
Employee
34 815
-
5 815
-
income
4 776
-
798
-
pensions
3 920
-
655
-
health
3 986
-
666
-
total
12 682
-
2 119
-
Employer
34 815
-
5 815
-
unemployment
853
-
142
-
accident
581
-
97
-
pensions
5 661
-
945
-
total
7 095
-
1 184
-
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
19 777
6 433
3 303
6 565
After tax
-12 777
567
3 697
435
Living cost
22 132
22 132
22 132
22 132
Free-cash
-34 909
-21 565
-18 435
-21 697

Estimated living cost  is ₽22132 per week

₽16243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8059
-₽6484
-₽8059
-₽12894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
700
health insurance
-
-
-
518
work injury
-
-
-
35
pensions
-
-
-
1 288
unemployment
-
-
-
84
total
-
-
-
2 625
Employee

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

19 895
-
7 000
-
income
1 989
-
700
-
work injury
99
-
35
-
health insurance
1 472
-
518
-
pensions
3 661
-
1 288
-
unemployment
239
-
84
-
total
7 460
-
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
7 460
1 050
2 625
2 625
After tax
-460
5 950
4 375
4 375
Living cost
12 434
12 434
12 434
12 434
Free-cash
-12 894
-6 484
-8 059
-8 059

Estimated living cost  is ₽12434 per week

₽7703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39078
-₽33029
-₽36856
-₽70659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 142
national
-
-
-
-
regional
-
-
-
-
municipal
-
-
-
-
total
-
-
-
7 142
Employee
77 659
-
7 000
-
social contributions
26 186
-
9 364
-
municipal
463
-
-
-
national
13 124
-
-
-
regional
1 172
-
-
-
total
40 945
-
9 364
-
Employer
77 659
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
nationa
-
1 681
-
-
municipal
-
338
-
-
total
-
2 019
-
-
Dividends
-
4 982
-
-
withholding
-
1 296
-
-
total
-
1 296
-
-
Income
7 000
7 000
7 000
7 000
Total tax
40 945
3 315
9 364
7 142
After tax
-33 945
3 685
-2 364
-142
Living cost
36 714
36 714
36 714
36 714
Free-cash
-70 659
-33 029
-39 078
-36 856

Estimated living cost  is ₽36714 per week

₽25789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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