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
-₽29310
-₽28240
-₽24961
-₽28240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 486
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 486
Employee

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

36 310
-
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.

6 486
-
6 486
-
income

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

1 014
-
-
-
surtax

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

56
-
-
-
total
7 556
-
6 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
chamber of commerce
-
155
-
-
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
-
1 103
-
-
total
-
2 366
-
-
Dividends
-
4 635
-
-
surtax

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

-
43
-
-
withholding
-
798
-
-
total
-
841
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 556
3 207
6 486
6 486
After tax
-556
3 793
514
514
Living cost
28 754
28 754
28 754
28 754
Free-cash
-29 310
-24 961
-28 240
-28 240

Estimated living cost  is ₽28754 per week

₽18087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
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.
₽6777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76254
-₽43028
-₽44869
-₽43152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
840
national
-
-
-
-
total
-
-
-
915
Employee
76 326
-
6 051
-
pensions
3 053
-
242
-
municipal
9 428
-
-
-
national
14 609
-
-
-
total
27 090
-
242
-
Employer
76 326
-
6 051
-
pensions
6 106
-
484
-
social contributions
821
-
65
-
total
6 927
-
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
34 017
2 632
791
915
After tax
-27 017
4 368
6 209
6 085
Living cost
49 237
49 237
49 237
49 237
Free-cash
-76 254
-44 869
-43 028
-43 152

Estimated living cost  is ₽49237 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27422
-₽16760
-₽14150
-₽16789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 989
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 050
total
-
-
-
4 039
Employee
27 740
-
4 761
-
social contributions

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

3 052
-
1 023
-
income
4 938
-
748
-
surtax
-
-
-
-
total
7 990
-
1 771
-
Employer
27 740
-
4 761
-
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.

6 682
-
2 239
-
total
6 682
-
2 239
-
Corporate
-
7 000
-
-
income

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

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

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

-
5 600
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 672
1 400
4 010
4 039
After tax
-7 672
5 600
2 990
2 961
Living cost
19 750
19 750
19 750
19 750
Free-cash
-27 422
-14 150
-16 760
-16 789

Estimated living cost  is ₽19750 per week

₽12600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽4821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87269
-₽87269
-₽81941
-₽35735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
631
pensions
-
-
-
1 261
total
-
-
-
2 966
Employee
81 069
81 069
81 069
-
pensions
14 592
11 123
14 592
-
health
12 443
10 584
12 443
-
income

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

13 270
13 270
13 270
-
total
40 305
34 977
40 305
-
Employer
81 069
81 069
81 069
-
pensions
5 642
5 642
5 642
-
health
5 635
5 635
5 635
-
unemployment
2 918
2 918
2 918
-
total
14 195
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
54 500
49 172
54 500
2 966
After tax
-47 500
-42 172
-47 500
4 034
Living cost
39 769
39 769
39 769
39 769
Free-cash
-87 269
-81 941
-87 269
-35 735

Estimated living cost  is ₽39769 per week

₽28183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽65413
-₽34932
-₽34847
-₽35180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
14
health
-
-
-
437
municipal
-
-
-
1 483
pensions
-
-
-
757
other
-
-
-
813
unemployment
-
-
-
7
national
-
-
-
-
total
-
-
-
3 511
Employee
55 100
-
5 326
-
municipal
16 431
-
1 588
-
national
-
-
-
-
total
16 431
-
1 588
-
Employer
55 100
-
5 326
-
pensions
5 956
-
576
-
other
6 403
-
619
-
health
3 389
-
328
-
unemployment
1 455
-
141
-
accident
110
-
11
-
total
17 313
-
1 675
-
Corporate
-
7 000
-
-
income
-
1 540
-
-
total
-
1 540
-
-
Dividends
-
5 460
-
-
withholding
-
1 638
-
-
total
-
1 638
-
-
Income
7 000
7 000
7 000
7 000
Total tax
33 744
3 178
3 263
3 511
After tax
-26 744
3 822
3 737
3 489
Living cost
38 669
38 669
38 669
38 669
Free-cash
-65 413
-34 847
-34 932
-35 180

Estimated living cost  is ₽38669 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41143
-₽36780
-₽33536
-₽36780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 486
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 486
Employee

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

48 142
-
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.

6 486
-
6 486
-
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.

4 136
-
-
-
surtax

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

227
-
-
-
total
10 849
-
6 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
chamber of commerce
-
155
-
-
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
-
-
total
-
2 414
-
-
Dividends
-
4 586
-
-
surtax

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

-
43
-
-
withholding
-
785
-
-
total
-
828
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 849
3 242
6 486
6 486
After tax
-3 849
3 758
514
514
Living cost
37 294
37 294
37 294
37 294
Free-cash
-41 143
-33 536
-36 780
-36 780

Estimated living cost  is ₽37294 per week

₽24942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40068
-₽36959
-₽45259
-₽30342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 089
social contributions
-
-
-
5 630
health
-
-
-
921
income
-
-
-
-
total
-
-
-
6 551
Employee
72 999
72 999
72 999
-
health
726
1 241
418
-
social contributions
3 547
6 059
2 043
-
income
7 666
6 758
8 208
-
total
11 939
14 058
10 669
-
Employer
72 999
72 999
72 999
-
health
791
1 351
456
-
social contributions
3 547
6 059
2 043
-
total
4 338
7 410
2 499
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 277
21 468
13 168
6 551
After tax
-9 277
-14 468
-6 168
449
Living cost
30 791
30 791
30 791
30 791
Free-cash
-40 068
-45 259
-36 959
-30 342

Estimated living cost  is ₽30791 per week

₽21049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23390
-₽14877
-₽15701
-₽12885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
542
income
-
-
-
835
pensions
-
-
-
774
unemployment
-
-
-
116
total
-
-
-
2 267
Employee

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

The minimum wage is 138,000 HUF per month.

25 431
10 121
10 121
-
unemployment
381
152
117
-
pensions
2 543
1 012
778
-
health
1 780
708
545
-
income
3 109
1 237
1 302
-
total
7 813
3 109
2 742
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 431
10 121
10 121
-
pensions
4 959
1 974
1 517
-
total
4 959
1 974
1 517
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 772
5 083
4 259
2 267
After tax
-5 772
1 917
2 741
4 733
Living cost
17 618
17 618
17 618
17 618
Free-cash
-23 390
-15 701
-14 877
-12 885

Estimated living cost  is ₽17618 per week

₽12022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29035
-₽19972
-₽17330
-₽19497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 405
income
-
-
-
-
pensions
-
-
-
2 162
total
-
-
-
3 567
Employee
26 931
-
3 346
-
unemployment
431
-
173
-
pensions
539
-
216
-
income
3 032
-
-
-
total
4 002
-
389
-
Employer
26 931
-
3 346
-
pensions
5 387
-
2 162
-
health
3 500
-
1 405
-
unemployment
216
-
86
-
total
9 103
-
3 653
-
Corporate
-
7 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends
-
5 600
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 105
1 400
4 042
3 567
After tax
-6 105
5 600
2 958
3 433
Living cost
22 930
22 930
22 930
22 930
Free-cash
-29 035
-17 330
-19 972
-19 497

Estimated living cost  is ₽22930 per week

₽15727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5376
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33092
-₽17475
-₽20605
-₽20928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
53
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
6 756
Employee
33 305
-
5 815
-
pensions
3 750
-
655
-
health
3 813
-
666
-
income
4 569
-
798
-
total
12 132
-
2 119
-
Employer
33 305
-
5 815
-
pensions
5 416
-
945
-
unemployment
816
-
142
-
accident
556
-
97
-
total
6 788
-
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
18 920
6 433
3 303
6 756
After tax
-11 920
567
3 697
244
Living cost
21 172
21 172
21 172
21 172
Free-cash
-33 092
-20 605
-17 475
-20 928

Estimated living cost  is ₽21172 per week

₽15517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2793
-₽2235
-₽1185
-₽905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 793
-
7 000
-
income
1 958
-
1 400
-
total
1 958
-
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
1 958
350
1 400
70
After tax
5 042
6 650
5 600
6 930
Living cost
7 835
7 835
7 835
7 835
Free-cash
-2 793
-1 185
-2 235
-905

Estimated living cost  is ₽7835 per week

₽4855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36156
-₽21329
-₽20153
-₽22395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
454
income
-
-
-
681
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.

-
-
-
2 474
other
-
-
-
490
total
-
-
-
4 099
Employee
34 469
-
5 404
-
unemployment
344
-
54
-
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.

2 412
-
378
-
health
483
-
76
-
income
5 934
-
930
-
total
9 173
-
1 438
-
Employer
34 469
-
5 404
-
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.

5 860
-
919
-
other
1 724
-
503
-
health
483
-
76
-
unemployment
344
-
54
-
accident
276
-
43
-
total
8 687
-
1 595
-
Corporate
-
7 000
-
-
income
-
1 470
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
387
-
-
total
-
387
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 860
1 857
3 033
4 099
After tax
-10 860
5 143
3 967
2 901
Living cost
25 296
25 296
25 296
25 296
Free-cash
-36 156
-20 153
-21 329
-22 395

Estimated living cost  is ₽25296 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92880
-₽56590
-₽56841
-₽56485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
87 841
-
6 869
-
pensions
8 474
-
-
-
health
1 447
-
-
-
income
15 834
-
1 374
-
total
25 755
-
1 374
-
Employer
87 841
-
6 869
-
pensions
10 372
-
-
-
health
1 668
-
131
-
total
12 040
-
131
-
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.

-
1 331
-
-
total
-
1 331
-
-
Dividends
-
5 669
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
37 795
1 756
1 505
1 400
After tax
-30 795
5 244
5 495
5 600
Living cost
62 085
62 085
62 085
62 085
Free-cash
-92 880
-56 841
-56 590
-56 485

Estimated living cost  is ₽62085 per week

₽46522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12701
-₽8126
-₽6453
-₽8357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
805
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
-
-
-
2 919
Employee
16 470
-
5 786
-
accident

We are using the highest rate at 1.1%.

181
-
68
-
pensions

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

1 446
-
543
-
health
758
-
284
-
income
1 647
-
579
-
total
4 032
-
1 474
-
Employer
16 470
-
5 786
-
pensions

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

1 815
-
682
-
health
1 137
-
427
-
unemployment
98
-
37
-
accident

We are using the highest rate at 1.1%.

181
-
68
-
total
3 231
-
1 214
-
Corporate
-
7 000
-
-
income
-
700
-
-
total
-
700
-
-
Dividends
-
6 300
-
-
withholding
-
315
-
-
total
-
315
-
-
Income
7 000
7 000
7 000
7 000
Total tax
7 263
1 015
2 688
2 919
After tax
-263
5 985
4 312
4 081
Living cost
12 438
12 438
12 438
12 438
Free-cash
-12 701
-6 453
-8 126
-8 357

Estimated living cost  is ₽12438 per week

₽7262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽96425
-₽100142
-₽94814
-₽48608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
631
pensions
-
-
-
1 261
total
-
-
-
2 966
Employee
88 015
81 069
81 069
-
pensions
11 123
11 123
14 592
-
health
10 980
10 584
12 443
-
income

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

13 270
13 270
13 270
-
total
35 373
34 977
40 305
-
Employer
88 015
81 069
81 069
-
pensions
6 125
5 642
5 642
-
health
6 116
5 635
5 635
-
unemployment
3 169
2 918
2 918
-
total
15 410
14 195
14 195
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
50 783
49 172
54 500
2 966
After tax
-43 783
-42 172
-47 500
4 034
Living cost
52 642
52 642
52 642
52 642
Free-cash
-96 425
-94 814
-100 142
-48 608

Estimated living cost  is ₽52642 per week

₽38832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39461
-₽20025
-₽18757
-₽20168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 672
-
5 224
-
solidarity contribution
-
-
-
-
health
4 681
-
705
-
social contributions
2 254
-
340
-
income
4 161
-
627
-
total
11 096
-
1 672
-
Employer
34 672
-
5 224
-
health
3 120
-
470
-
social contributions
8 668
-
1 306
-
total
11 788
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 884
2 180
3 448
3 591
After tax
-15 884
4 820
3 552
3 409
Living cost
23 577
23 577
23 577
23 577
Free-cash
-39 461
-18 757
-20 025
-20 168

Estimated living cost  is ₽23577 per week

₽16377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽77370
-₽42703
-₽36325
-₽40415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 357
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
7 357
Employee
84 370
-
7 000
-
regional
796
-
-
-
municipal
447
-
-
-
national
14 619
-
-
-
social contributions
28 450
-
9 645
-
total
44 312
-
9 645
-
Employer
84 370
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
municipal
-
274
-
-
nationa
-
1 681
-
-
total
-
1 955
-
-
Dividends
-
5 045
-
-
withholding
-
1 312
-
-
total
-
1 312
-
-
Income
7 000
7 000
7 000
7 000
Total tax
44 312
3 267
9 645
7 357
After tax
-37 312
3 733
-2 645
-357
Living cost
40 058
40 058
40 058
40 058
Free-cash
-77 370
-36 325
-42 703
-40 415

Estimated living cost  is ₽40058 per week

₽27924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
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.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31001
-₽19120
-₽16544
-₽18270
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
901
income
-
-
-
670
surtax
-
-
-
-
pensions
-
-
-
2 535
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
4 322
Employee
31 394
-
4 334
-
unemployment
2 185
-
881
-
pensions
2 093
-
845
-
health
802
-
322
-
income
5 262
-
458
-
other
-
-
-
-
surtax
103
-
-
-
total
10 445
-
2 506
-
Employer
31 394
-
4 334
-
pensions
4 185
-
1 688
-
other
-
-
-
-
health
1 429
-
576
-
unemployment
994
-
402
-
total
6 608
-
2 666
-
Corporate
-
7 000
-
-
income
-
1 820
-
-
total
-
1 820
-
-
Dividends
-
5 180
-
-
withholding
-
776
-
-
total
-
776
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 053
2 596
5 172
4 322
After tax
-10 053
4 404
1 828
2 678
Living cost
20 948
20 948
20 948
20 948
Free-cash
-31 001
-16 544
-19 120
-18 270

Estimated living cost  is ₽20948 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
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.
₽5723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59361
-₽36920
-₽37171
-₽36815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 869
-
6 869
-
pensions
4 997
-
-
-
health
855
-
-
-
income
10 603
-
1 374
-
total
16 455
-
1 374
-
Employer
58 869
-
6 869
-
pensions
6 373
-
-
-
health
1 118
-
131
-
total
7 491
-
131
-
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.

-
1 331
-
-
total
-
1 331
-
-
Dividends
-
5 669
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
23 946
1 756
1 505
1 400
After tax
-16 946
5 244
5 495
5 600
Living cost
42 415
42 415
42 415
42 415
Free-cash
-59 361
-37 171
-36 920
-36 815

Estimated living cost  is ₽42415 per week

₽31777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3179
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.
₽7015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽89574
-₽72333
-₽72145
-₽69448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
246
pensions
-
-
-
644
other

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

-
-
-
139
regional
-
-
-
-
city
-
-
-
72
national
-
-
-
-
total
-
-
-
1 101
Employee
88 176
-
4 922
-
unemployment
-
-
-
-
pensions
7 408
-
1 914
-
regional
2 887
-
-
-
national
417
-
-
-
health
199
-
12
-
city
946
-
35
-
total
11 857
-
1 961
-
Employer
88 176
-
4 922
-
pensions
7 408
-
1 914
-
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.

1 763
-
99
-
health
199
-
12
-
unemployment
-
-
-
-
total
9 370
-
2 025
-
Corporate
-
7 000
-
-
regional
-
1 480
-
-
national
-
594
-
-
total
-
2 074
-
-
Dividends
-
4 925
-
-
withholding
-
1 724
-
-
total
-
1 724
-
-
Income
7 000
7 000
7 000
7 000
Total tax
21 227
3 798
3 986
1 101
After tax
-14 227
3 202
3 014
5 899
Living cost
75 347
75 347
75 347
75 347
Free-cash
-89 574
-72 145
-72 333
-69 448

Estimated living cost  is ₽75347 per week

₽48997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽925
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50053
-₽42975
-₽39768
-₽42975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 486
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 486
Employee

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

57 053
-
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.

6 486
-
6 486
-
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.

6 709
-
-
-
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.

369
-
-
-
total
13 564
-
6 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
chamber of commerce
-
153
-
-
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
-
-
total
-
2 461
-
-
Dividends
-
4 539
-
-
surtax

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

-
43
-
-
withholding
-
775
-
-
total
-
818
-
-
Income
7 000
7 000
7 000
7 000
Total tax
13 564
3 279
6 486
6 486
After tax
-6 564
3 721
514
514
Living cost
43 489
43 489
43 489
43 489
Free-cash
-50 053
-39 768
-42 975
-42 975

Estimated living cost  is ₽43489 per week

₽31763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46320
-₽27900
-₽28952
-₽29728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
200
health
-
-
-
252
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 580
other
-
-
-
216
total
-
-
-
4 248
Employee
40 630
-
5 335
-
pensions
4 594
-
602
-
social contributions
1 158
-
153
-
income
2 398
-
-
-
surtax
-
-
-
-
total
8 150
-
755
-
Employer
40 630
-
5 335
-
pensions
6 675
-
876
-
other
1 402
-
184
-
health
2 845
-
373
-
unemployment
1 645
-
216
-
social contributions
123
-
16
-
total
12 690
-
1 665
-
Corporate
-
7 000
-
-
income
-
1 960
-
-
surtax
-
-
-
-
total
-
1 960
-
-
Dividends
-
5 040
-
-
surtax
-
-
-
-
social contributions
-
867
-
-
withholding
-
645
-
-
total
-
1 512
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 840
3 472
2 420
4 248
After tax
-13 840
3 528
4 580
2 752
Living cost
32 480
32 480
32 480
32 480
Free-cash
-46 320
-28 952
-27 900
-29 728

Estimated living cost  is ₽32480 per week

₽20480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40593
-₽24682
-₽25734
-₽26510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
200
health
-
-
-
252
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 580
other
-
-
-
216
total
-
-
-
4 248
Employee
36 268
-
5 335
-
pensions
4 102
-
602
-
social contributions
1 034
-
153
-
income
1 870
-
-
-
surtax
-
-
-
-
total
7 006
-
755
-
Employer
36 268
-
5 335
-
pensions
5 959
-
876
-
other
1 252
-
184
-
health
2 538
-
373
-
unemployment
1 468
-
216
-
social contributions
108
-
16
-
total
11 325
-
1 665
-
Corporate
-
7 000
-
-
income
-
1 960
-
-
surtax
-
-
-
-
total
-
1 960
-
-
Dividends
-
5 040
-
-
surtax
-
-
-
-
social contributions
-
867
-
-
withholding
-
645
-
-
total
-
1 512
-
-
Income
7 000
7 000
7 000
7 000
Total tax
18 331
3 472
2 420
4 248
After tax
-11 331
3 528
4 580
2 752
Living cost
29 262
29 262
29 262
29 262
Free-cash
-40 593
-25 734
-24 682
-26 510

Estimated living cost  is ₽29262 per week

₽16970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27683
-₽15727
-₽16971
-₽16674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 656
health
-
-
-
838
income
-
-
-
1 050
total
-
-
-
3 544
Employee
32 188
-
7 000
-
health
2 247
-
838
-
social contributions
4 443
-
1 656
-
income
5 369
-
103
-
total
12 059
-
2 597
-
Employer
32 188
-
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%.

-
349
-
-
total
-
349
-
-
Dividends
-
6 651
-
-
health
838
838
-
-
social contributions
1 656
1 656
-
-
withholding
-
998
-
-
total
2 494
3 492
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 553
3 841
2 597
3 544
After tax
-7 553
3 159
4 403
3 456
Living cost
20 130
20 130
20 130
20 130
Free-cash
-27 683
-16 971
-15 727
-16 674

Estimated living cost  is ₽20130 per week

₽13472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55184
-₽38401
-₽48069
-₽34965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
724
surtax
-
-
-
187
income
-
-
-
-
chamber of commerce
-
-
-
29
pensions
-
-
-
1 751
unemployment
-
-
-
5 823
total
-
-
-
8 514
Employee
47 443
37 832
37 832
-
unemployment
1 423
1 135
285
-
pensions
4 859
3 873
969
-
health
1 836
1 465
366
-
income
5 401
2 791
4 444
-
other
474
378
95
-
total
13 993
9 642
6 159
-
Employer
47 443
37 832
37 832
-
chamber of commerce
189
151
151
-
pensions
5 954
4 749
1 189
-
other
2 254
1 796
1 557
-
health
1 793
1 430
359
-
unemployment
1 423
1 135
285
-
accident
616
492
27
-
surtax
187
187
187
-
payroll
1 423
1 135
1 135
-
total
13 839
11 075
4 890
-
Corporate
3 603
3 603
3 603
-
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.

901
901
901
-
total
901
901
901
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 733
21 618
11 950
8 514
After tax
-21 733
-14 618
-4 950
-1 514
Living cost
33 451
33 451
33 451
33 451
Free-cash
-55 184
-48 069
-38 401
-34 965

Estimated living cost  is ₽33451 per week

₽22310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2854
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.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80675
-₽31364
-₽30369
-₽33237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 005
communal

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

-
-
-
119
national
-
-
-
499
total
-
-
-
5 623
Employee

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

67 906
-
5 420
-
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.

591
-
47
-
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.

5 093
-
407
-
national
20 877
-
1 178
-
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.

3 191
-
256
-
communal

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

3 542
-
283
-
total
33 294
-
2 171
-
Employer

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

67 906
-
5 420
-
pensions

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

6 017
-
481
-
health

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

4 176
-
333
-
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.

991
-
79
-
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.

883
-
70
-
surtax
7 700
-
616
-
total
19 767
-
1 579
-
Corporate
-
7 000
-
-
income
-
1 400
-
-
surtax
-
29
-
-
total
-
1 429
-
-
Dividends
-
5 571
-
-
withholding

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

-
1 326
-
-
total
-
1 326
-
-
Income
7 000
7 000
7 000
7 000
Total tax
53 061
2 755
3 750
5 623
After tax
-46 061
4 245
3 250
1 377
Living cost
34 614
34 614
34 614
34 614
Free-cash
-80 675
-30 369
-31 364
-33 237

Estimated living cost  is ₽34614 per week

₽22296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55319
-₽39405
-₽29464
-₽33574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
184
income
-
-
-
166
pensions
-
-
-
5 778
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 290
Employee
47 255
-
-
-
unemployment
733
-
492
-
pensions
2 221
-
1 490
-
income
9 971
-
-
-
other
47
-
32
-
total
12 972
-
2 014
-
Employer
47 255
-
-
-
pensions
11 151
-
7 482
-
other
377
-
254
-
unemployment
2 600
-
1 744
-
accident
935
-
627
-
total
15 063
-
10 107
-
Corporate
-
7 000
-
-
income

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

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 035
2 180
12 121
6 290
After tax
-21 035
4 820
-5 121
710
Living cost
34 284
34 284
34 284
34 284
Free-cash
-55 319
-29 464
-39 405
-33 574

Estimated living cost  is ₽34284 per week

₽25247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73480
-₽55614
-₽46800
-₽55612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
407
health
-
-
-
3 387
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
7 228
communal
-
-
-
-
total
-
-
-
11 022
Employee
71 892
-
1 601
-
pensions
5 750
-
3 614
-
health
3 200
-
2 011
-
income
6 944
-
-
-
surtax
4 407
-
-
-
total
20 301
-
5 625
-
Employer
71 892
-
1 601
-
pensions
5 750
-
3 614
-
health
2 192
-
1 378
-
accident
647
-
407
-
total
8 589
-
5 399
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
communal
-
-
-
-
surtax
-
74
-
-
total
-
1 124
-
-
Dividends
-
5 876
-
-
income
-
205
-
-
withholding
-
881
-
-
total
-
1 086
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 890
2 210
11 024
11 022
After tax
-21 890
4 790
-4 024
-4 022
Living cost
51 590
51 590
51 590
51 590
Free-cash
-73 480
-46 800
-55 614
-55 612

Estimated living cost  is ₽51590 per week

₽38700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31700
-₽19495
-₽16919
-₽18645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
901
income
-
-
-
670
surtax
-
-
-
-
pensions
-
-
-
2 535
other
-
-
-
-
unemployment
-
-
-
216
total
-
-
-
4 322
Employee
31 970
-
4 334
-
unemployment
2 225
-
881
-
pensions
2 133
-
845
-
health
816
-
322
-
income
5 360
-
458
-
other
-
-
-
-
surtax
113
-
-
-
total
10 647
-
2 506
-
Employer
31 970
-
4 334
-
pensions
4 262
-
1 688
-
other
-
-
-
-
health
1 454
-
576
-
unemployment
1 014
-
402
-
total
6 730
-
2 666
-
Corporate
-
7 000
-
-
income
-
1 820
-
-
total
-
1 820
-
-
Dividends
-
5 180
-
-
withholding
-
776
-
-
total
-
776
-
-
Income
7 000
7 000
7 000
7 000
Total tax
17 377
2 596
5 172
4 322
After tax
-10 377
4 404
1 828
2 678
Living cost
21 323
21 323
21 323
21 323
Free-cash
-31 700
-16 919
-19 495
-18 645

Estimated living cost  is ₽21323 per week

₽12874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
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.
₽6102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45662
-₽28218
-₽21894
-₽25930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 357
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
7 357
Employee
52 661
-
7 000
-
regional
709
-
-
-
municipal
279
-
-
-
national
8 343
-
-
-
social contributions
17 758
-
9 645
-
total
27 089
-
9 645
-
Employer
52 661
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
municipal
-
348
-
-
nationa
-
1 681
-
-
total
-
2 029
-
-
Dividends
-
4 971
-
-
withholding
-
1 292
-
-
total
-
1 292
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 089
3 321
9 645
7 357
After tax
-20 089
3 679
-2 645
-357
Living cost
25 573
25 573
25 573
25 573
Free-cash
-45 662
-21 894
-28 218
-25 930

Estimated living cost  is ₽25573 per week

₽15904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50251
-₽25501
-₽24233
-₽25644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 725
-
5 224
-
solidarity contribution
-
-
-
-
health
5 768
-
705
-
social contributions
2 777
-
340
-
income
5 127
-
627
-
total
13 672
-
1 672
-
Employer
42 725
-
5 224
-
health
3 845
-
470
-
social contributions
10 681
-
1 306
-
total
14 526
-
1 776
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
28 198
2 180
3 448
3 591
After tax
-21 198
4 820
3 552
3 409
Living cost
29 053
29 053
29 053
29 053
Free-cash
-50 251
-24 233
-25 501
-25 644

Estimated living cost  is ₽29053 per week

₽21606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47342
-₽35054
-₽44718
-₽31614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
724
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
29
pensions
-
-
-
1 751
unemployment
-
-
-
5 823
total
-
-
-
8 327
Employee
41 498
37 832
37 832
-
unemployment
1 245
1 135
285
-
pensions
4 250
3 873
969
-
health
1 605
1 465
366
-
income
3 697
2 791
4 444
-
other
414
378
95
-
total
11 211
9 642
6 159
-
Employer
41 498
37 832
37 832
-
chamber of commerce
166
151
151
-
pensions
5 208
4 749
1 189
-
other
1 971
1 796
1 557
-
health
1 569
1 430
359
-
unemployment
1 245
1 135
285
-
accident
539
492
31
-
surtax
-
-
-
-
payroll
1 245
1 135
1 135
-
total
11 943
10 888
4 707
-
Corporate
3 603
3 603
3 603
-
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.

901
901
901
-
total
901
901
901
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
24 055
21 431
11 767
8 327
After tax
-17 055
-14 431
-4 767
-1 327
Living cost
30 287
30 287
30 287
30 287
Free-cash
-47 342
-44 718
-35 054
-31 614

Estimated living cost  is ₽30287 per week

₽18168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8262
-₽6609
-₽5559
-₽5279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 262
-
7 000
-
income
3 053
-
1 400
-
total
3 053
-
1 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
7 000
-
-
total
-
-
-
-
Dividends
-
7 000
-
-
withholding
-
350
-
-
total
-
350
-
-
Income
7 000
7 000
7 000
7 000
Total tax
3 053
350
1 400
70
After tax
3 947
6 650
5 600
6 930
Living cost
12 209
12 209
12 209
12 209
Free-cash
-8 262
-5 559
-6 609
-5 279

Estimated living cost  is ₽12209 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41515
-₽21502
-₽20643
-₽21246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
690
income
-
-
-
803
pensions
-
-
-
1 279
unemployment
-
-
-
11
total
-
-
-
2 783
Employee

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

41 980
-
6 056
-
unemployment
59
-
9
-
pensions
6 507
-
939
-
health
2 711
-
391
-
income
7 239
-
755
-
total
16 516
-
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.

41 980
-
6 056
-
pensions
3 715
-
537
-
health
2 796
-
404
-
unemployment
25
-
4
-
total
6 536
-
945
-
Corporate
-
7 000
-
-
income
-
1 330
-
-
total
-
1 330
-
-
Dividends
-
5 670
-
-
withholding
-
850
-
-
total
-
850
-
-
Income
7 000
7 000
7 000
7 000
Total tax
23 052
2 180
3 039
2 783
After tax
-16 052
4 820
3 961
4 217
Living cost
25 463
25 463
25 463
25 463
Free-cash
-41 515
-20 643
-21 502
-21 246

Estimated living cost  is ₽25463 per week

₽17475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽134338
-₽46371
-₽36642
-₽36184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
953
income
-
-
-
1 330
total
-
-
-
2 283
Employee
58 647
-
-
-
social contributions
4 809
-
685
-
income
12 936
-
-
-
total
17 745
-
685
-
Employer
58 647
-
-
-
social contributions
82 692
-
11 785
-
total
82 692
-
11 785
-
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
100 437
2 741
12 470
2 283
After tax
-93 437
4 259
-5 470
4 717
Living cost
40 901
40 901
40 901
40 901
Free-cash
-134 338
-36 642
-46 371
-36 184

Estimated living cost  is ₽40901 per week

₽26538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3847
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.
₽9995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47032
-₽25473
-₽25795
-₽25618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 432
income
-
-
-
409
surtax
-
-
-
-
total
-
-
-
2 841
Employee
43 662
-
5 656
-
social contributions
4 803
-
622
-
income
9 082
-
730
-
surtax
-
-
-
-
total
13 885
-
1 352
-
Employer
43 662
-
5 656
-
social contributions
10 370
-
1 344
-
total
10 370
-
1 344
-
Corporate
-
7 000
-
-
income
-
1 470
-
-
surtax
-
-
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
24 255
3 018
2 696
2 841
After tax
-17 255
3 982
4 304
4 159
Living cost
29 777
29 777
29 777
29 777
Free-cash
-47 032
-25 795
-25 473
-25 618

Estimated living cost  is ₽29777 per week

₽22280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽71028
-₽41271
-₽42323
-₽43099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
200
health
-
-
-
252
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 580
other
-
-
-
216
total
-
-
-
4 248
Employee
59 458
-
5 335
-
pensions
6 725
-
602
-
social contributions
1 693
-
153
-
income
5 188
-
-
-
surtax
-
-
-
-
total
13 606
-
755
-
Employer
59 458
-
5 335
-
pensions
9 770
-
876
-
other
2 052
-
184
-
health
4 162
-
373
-
unemployment
2 409
-
216
-
social contributions
178
-
16
-
total
18 571
-
1 665
-
Corporate
-
7 000
-
-
income
-
1 960
-
-
surtax
-
-
-
-
total
-
1 960
-
-
Dividends
-
5 040
-
-
surtax
-
-
-
-
social contributions
-
867
-
-
withholding
-
645
-
-
total
-
1 512
-
-
Income
7 000
7 000
7 000
7 000
Total tax
32 177
3 472
2 420
4 248
After tax
-25 177
3 528
4 580
2 752
Living cost
45 851
45 851
45 851
45 851
Free-cash
-71 028
-42 323
-41 271
-43 099

Estimated living cost  is ₽45851 per week

₽31031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28250
-₽22870
-₽22237
-₽23076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 540
income
-
-
-
-
total
-
-
-
1 540
Employee
30 520
-
6 060
-
social contributions
1 983
-
395
-
income
-
-
-
-
total
1 983
-
395
-
Employer
30 520
-
6 060
-
social contributions
4 731
-
939
-
total
4 731
-
939
-
Corporate
-
7 000
-
-
income
-
701
-
-
total
-
701
-
-
Dividends
-
6 299
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
6 714
701
1 334
1 540
After tax
286
6 299
5 666
5 460
Living cost
28 536
28 536
28 536
28 536
Free-cash
-28 250
-22 237
-22 870
-23 076

Estimated living cost  is ₽28536 per week

₽18451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
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.
₽7397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽199689
-₽199689
-₽199689
-₽40003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
822
labour market
-
-
-
494
national
-
-
-
-
total
-
-
-
1 316
Employee
192 833
192 833
192 833
-
pensions
274
274
274
-
municipal
41 063
41 063
41 063
-
national
23 558
23 558
23 558
-
labour market
15 405
15 405
15 405
-
total
80 300
80 300
80 300
-
Employer
192 833
192 833
192 833
-
municipal
41 128
41 128
41 128
-
pensions
548
548
548
-
national
23 599
23 599
23 599
-
labour market
15 427
15 427
15 427
-
total
80 702
80 702
80 702
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
161 002
161 002
161 002
1 316
After tax
-154 002
-154 002
-154 002
5 684
Living cost
45 687
45 687
45 687
45 687
Free-cash
-199 689
-199 689
-199 689
-40 003

Estimated living cost  is ₽45687 per week

₽31269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽32501
-₽17163
-₽20293
-₽20616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
53
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
6 756
Employee
32 814
-
5 815
-
pensions
3 695
-
655
-
health
3 757
-
666
-
income
4 502
-
798
-
total
11 954
-
2 119
-
Employer
32 814
-
5 815
-
pensions
5 335
-
945
-
unemployment
804
-
142
-
accident
548
-
97
-
total
6 687
-
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
18 641
6 433
3 303
6 756
After tax
-11 641
567
3 697
244
Living cost
20 860
20 860
20 860
20 860
Free-cash
-32 501
-20 293
-17 163
-20 616

Estimated living cost  is ₽20860 per week

₽15184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽52369
-₽32015
-₽31604
-₽30706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
municipal
-
-
-
1 259
national
-
-
-
-
total
-
-
-
1 259
Employee
49 946
-
5 890
-
unemployment
749
-
88
-
pensions
3 371
-
398
-
municipal
8 181
-
973
-
national
825
-
-
-
health
373
-
-
-
total
13 499
-
1 459
-
Employer
49 946
-
5 890
-
pensions
8 665
-
1 021
-
health
384
-
45
-
unemployment
324
-
38
-
accident
50
-
5
-
total
9 423
-
1 109
-
Corporate
-
7 000
-
-
income
-
1 400
-
-
total
-
1 400
-
-
Dividends

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

-
4 200
-
-
national
-
-
-
-
municipal
-
757
-
-
total
-
757
-
-
Income
7 000
7 000
7 000
7 000
Total tax
22 922
2 157
2 568
1 259
After tax
-15 922
4 843
4 432
5 741
Living cost
36 447
36 447
36 447
36 447
Free-cash
-52 369
-31 604
-32 015
-30 706

Estimated living cost  is ₽36447 per week

₽23807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29628
-₽28148
-₽36448
-₽21531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 089
social contributions
-
-
-
5 630
health
-
-
-
921
income
-
-
-
-
total
-
-
-
6 551
Employee
72 999
72 999
72 999
-
health
566
1 241
418
-
social contributions
2 760
6 059
2 043
-
income
7 948
6 758
8 208
-
total
11 274
14 058
10 669
-
Employer
72 999
72 999
72 999
-
health
614
1 351
456
-
social contributions
2 760
6 059
2 043
-
total
3 374
7 410
2 499
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 000
7 000
7 000
7 000
Total tax
14 648
21 468
13 168
6 551
After tax
-7 648
-14 468
-6 168
449
Living cost
21 980
21 980
21 980
21 980
Free-cash
-29 628
-36 448
-28 148
-21 531

Estimated living cost  is ₽21980 per week

₽13173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17033
-₽13865
-₽9276
-₽17574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 436
income
-
-
-
-
pensions
-
-
-
6 039
unemployment
-
-
-
27
total
-
-
-
9 502
Employee

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

21 790
-
5 296
-
unemployment
108
-
83
-
pensions
3 268
-
2 481
-
health
1 852
-
1 405
-
income
1 490
-
119
-
total
6 718
-
4 088
-
Employer

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

21 790
-
5 296
-
pensions
1 198
-
910
-
health
937
-
712
-
unemployment
108
-
83
-
total
2 243
-
1 705
-
Corporate
-
7 000
-
-
income
-
631
-
-
total
-
631
-
-
Dividends
-
6 369
-
-
withholding
-
573
-
-
total
-
573
-
-
Income
7 000
7 000
7 000
7 000
Total tax
8 961
1 204
5 793
9 502
After tax
-1 961
5 796
1 207
-2 502
Living cost
15 072
15 072
15 072
15 072
Free-cash
-17 033
-9 276
-13 865
-17 574

Estimated living cost  is ₽15072 per week

₽9617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
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.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39290
-₽31226
-₽21285
-₽25395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
184
income
-
-
-
166
pensions
-
-
-
5 778
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 290
Employee
35 102
-
-
-
unemployment
544
-
492
-
pensions
1 650
-
1 490
-
income
6 767
-
-
-
other
34
-
32
-
total
8 995
-
2 014
-
Employer
35 102
-
-
-
pensions
8 283
-
7 482
-
other
281
-
254
-
unemployment
1 931
-
1 744
-
accident
695
-
627
-
total
11 190
-
10 107
-
Corporate
-
7 000
-
-
income

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

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 185
2 180
12 121
6 290
After tax
-13 185
4 820
-5 121
710
Living cost
26 105
26 105
26 105
26 105
Free-cash
-39 290
-21 285
-31 226
-25 395

Estimated living cost  is ₽26105 per week

₽17621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2218
₽1735
₽2520
₽1617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
977
income
-
-
-
1 210
pensions
-
-
-
1 348
total
-
-
-
3 535
Employee
2 815
-
5 714
-
unemployment
28
-
57
-
pensions
253
-
514
-
health
141
-
286
-
income
544
-
1 274
-
total
966
-
2 131
-
Employer
2 815
-
5 714
-
pensions
310
-
629
-
health
267
-
543
-
unemployment
56
-
114
-
total
633
-
1 286
-
Corporate
3 552
7 000
-
-
income
781
1 540
-
-
total
781
1 540
-
-
Dividends
2 771
5 460
-
-
withholding
554
1 092
-
-
total
554
1 092
-
-
Income
7 000
7 000
7 000
7 000
Total tax
2 934
2 632
3 417
3 535
After tax
4 066
4 368
3 583
3 465
Living cost
1 848
1 848
1 848
1 848
Free-cash
2 218
2 520
1 735
1 617

Estimated living cost  is ₽1848 per week

₽1098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22174
-₽11848
-₽11353
-₽12209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
153
pensions
-
-
-
1 820
unemployment
-
-
-
105
total
-
-
-
2 799
Employee

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

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

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

24 745
-
5 937
-
unemployment
186
-
45
-
pensions
3 464
-
831
-
health
1 274
-
306
-
income
3 411
-
193
-
total
8 335
-
1 375
-
Employer

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

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

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

24 745
-
5 937
-
pensions
2 969
-
712
-
health
1 274
-
306
-
unemployment
186
-
45
-
total
4 429
-
1 063
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
893
-
-
total
-
893
-
-
Income
7 000
7 000
7 000
7 000
Total tax
12 764
1 943
2 438
2 799
After tax
-5 764
5 057
4 562
4 201
Living cost
16 410
16 410
16 410
16 410
Free-cash
-22 174
-11 353
-11 848
-12 209

Estimated living cost  is ₽16410 per week

₽11049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38595
-₽21289
-₽21611
-₽21434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 432
income
-
-
-
409
surtax
-
-
-
-
total
-
-
-
2 841
Employee
36 846
-
5 656
-
social contributions
4 053
-
622
-
income
7 199
-
730
-
surtax
-
-
-
-
total
11 252
-
1 352
-
Employer
36 846
-
5 656
-
social contributions
8 750
-
1 344
-
total
8 750
-
1 344
-
Corporate
-
7 000
-
-
income
-
1 470
-
-
surtax
-
-
-
-
total
-
1 470
-
-
Dividends
-
5 530
-
-
withholding
-
1 548
-
-
total
-
1 548
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 002
3 018
2 696
2 841
After tax
-13 002
3 982
4 304
4 159
Living cost
25 593
25 593
25 593
25 593
Free-cash
-38 595
-21 611
-21 289
-21 434

Estimated living cost  is ₽25593 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53468
-₽38485
-₽28544
-₽32654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
184
income
-
-
-
166
pensions
-
-
-
5 778
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 290
Employee
45 848
-
-
-
unemployment
710
-
492
-
pensions
2 155
-
1 490
-
income
9 576
-
-
-
other
45
-
32
-
total
12 486
-
2 014
-
Employer
45 848
-
-
-
pensions
10 820
-
7 482
-
other
368
-
254
-
unemployment
2 522
-
1 744
-
accident
908
-
627
-
total
14 618
-
10 107
-
Corporate
-
7 000
-
-
income

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

-
1 050
-
-
total
-
1 050
-
-
Dividends
-
5 950
-
-
withholding
-
1 130
-
-
total
-
1 130
-
-
Income
7 000
7 000
7 000
7 000
Total tax
27 104
2 180
12 121
6 290
After tax
-20 104
4 820
-5 121
710
Living cost
33 364
33 364
33 364
33 364
Free-cash
-53 468
-28 544
-38 485
-32 654

Estimated living cost  is ₽33364 per week

₽23960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18848
-₽12008
-₽10335
-₽12239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
805
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
-
-
-
2 919
Employee
21 610
-
5 786
-
accident

We are using the highest rate at 1.1%.

237
-
68
-
pensions

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

1 897
-
543
-
health
994
-
284
-
income
2 161
-
579
-
total
5 289
-
1 474
-
Employer
21 610
-
5 786
-
pensions

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

2 381
-
682
-
health
1 491
-
427
-
unemployment
130
-
37
-
accident

We are using the highest rate at 1.1%.

237
-
68
-
total
4 239
-
1 214
-
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
9 528
1 015
2 688
2 919
After tax
-2 528
5 985
4 312
4 081
Living cost
16 320
16 320
16 320
16 320
Free-cash
-18 848
-10 335
-12 008
-12 239

Estimated living cost  is ₽16320 per week

₽10794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40235
-₽36137
-₽32785
-₽36137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 486
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 486
Employee

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

47 235
-
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.

6 486
-
6 486
-
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.

3 884
-
-
-
surtax

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

214
-
-
-
total
10 584
-
6 486
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
1 050
-
-
chamber of commerce
-
155
-
-
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
-
1 005
-
-
total
-
2 268
-
-
Dividends
-
4 732
-
-
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
-
821
-
-
total
-
866
-
-
Income
7 000
7 000
7 000
7 000
Total tax
10 584
3 134
6 486
6 486
After tax
-3 584
3 866
514
514
Living cost
36 651
36 651
36 651
36 651
Free-cash
-40 235
-32 785
-36 137
-36 137

Estimated living cost  is ₽36651 per week

₽25283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67259
-₽47078
-₽49179
-₽47078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
74 259
-
7 000
-
social contributions
6 169
-
-
-
income
14 012
-
-
-
total
20 181
-
-
-
Employer
74 259
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
income
-
876
-
-
total
-
876
-
-
Dividends
-
6 124
-
-
withholding
-
1 225
-
-
total
-
1 225
-
-
Income
7 000
7 000
7 000
7 000
Total tax
20 181
2 101
-
-
After tax
-13 181
4 899
7 000
7 000
Living cost
54 078
54 078
54 078
54 078
Free-cash
-67 259
-49 179
-47 078
-47 078

Estimated living cost  is ₽54078 per week

₽41142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43746
-₽30761
-₽32745
-₽60344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 023
health

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

-
-
-
5 860
total
-
-
-
32 883
Employee
43 550
-
5 350
-
social contributions
4 363
-
1 650
-
income
4 725
-
-
-
total
9 088
-
1 650
-
Employer
43 550
-
5 350
-
social contributions
4 363
-
1 650
-
total
4 363
-
1 650
-
Corporate
-
7 000
-
-
income
-
2 450
-
-
total
-
2 450
-
-
Dividends
-
4 550
-
-
social contributions
2 834
2 834
-
-
total
2 834
2 834
-
-
Income
7 000
7 000
7 000
7 000
Total tax
16 285
5 284
3 300
32 883
After tax
-9 285
1 716
3 700
-25 883
Living cost
34 461
34 461
34 461
34 461
Free-cash
-43 746
-32 745
-30 761
-60 344

Estimated living cost  is ₽34461 per week

₽22699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46013
-₽28987
-₽29238
-₽28882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
47 331
-
6 869
-
pensions
3 613
-
-
-
health
617
-
-
-
income
8 619
-
1 374
-
total
12 849
-
1 374
-
Employer
47 331
-
6 869
-
pensions
4 782
-
-
-
health
900
-
131
-
total
5 682
-
131
-
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.

-
1 331
-
-
total
-
1 331
-
-
Dividends
-
5 669
-
-
withholding
-
425
-
-
total
-
425
-
-
Income
7 000
7 000
7 000
7 000
Total tax
18 531
1 756
1 505
1 400
After tax
-11 531
5 244
5 495
5 600
Living cost
34 482
34 482
34 482
34 482
Free-cash
-46 013
-29 238
-28 987
-28 882

Estimated living cost  is ₽34482 per week

₽23654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36410
-₽19228
-₽22358
-₽22681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 000
accident
-
-
-
243
health
-
-
-
2 099
income
-
-
-
53
pensions
-
-
-
4 004
other
-
-
-
357
total
-
-
-
6 756
Employee
36 062
-
5 815
-
pensions
4 061
-
655
-
health
4 129
-
666
-
income
4 947
-
798
-
total
13 137
-
2 119
-
Employer
36 062
-
5 815
-
pensions
5 863
-
945
-
unemployment
883
-
142
-
accident
602
-
97
-
total
7 348
-
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
20 485
6 433
3 303
6 756
After tax
-13 485
567
3 697
244
Living cost
22 925
22 925
22 925
22 925
Free-cash
-36 410
-22 358
-19 228
-22 681

Estimated living cost  is ₽22925 per week

₽16824
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1336
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13518
-₽8449
-₽6874
-₽8449
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

20 519
-
7 000
-
unemployment
246
-
84
-
pensions
3 775
-
1 288
-
work injury
103
-
35
-
income
2 052
-
700
-
health insurance
1 518
-
518
-
total
7 694
-
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
7 694
1 050
2 625
2 625
After tax
-694
5 950
4 375
4 375
Living cost
12 824
12 824
12 824
12 824
Free-cash
-13 518
-6 874
-8 449
-8 449

Estimated living cost  is ₽12824 per week

₽7945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72997
-₽40464
-₽34132
-₽38176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 357
municipal
-
-
-
-
regional
-
-
-
-
national
-
-
-
-
total
-
-
-
7 357
Employee
79 996
-
7 000
-
regional
1 208
-
-
-
municipal
477
-
-
-
national
13 519
-
-
-
social contributions
26 974
-
9 645
-
total
42 178
-
9 645
-
Employer
79 996
-
7 000
-
total
-
-
-
-
Corporate
-
7 000
-
-
municipal
-
337
-
-
nationa
-
1 681
-
-
total
-
2 018
-
-
Dividends
-
4 982
-
-
withholding
-
1 295
-
-
total
-
1 295
-
-
Income
7 000
7 000
7 000
7 000
Total tax
42 178
3 313
9 645
7 357
After tax
-35 178
3 687
-2 645
-357
Living cost
37 819
37 819
37 819
37 819
Free-cash
-72 997
-34 132
-40 464
-38 176

Estimated living cost  is ₽37819 per week

₽26565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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