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
₽ 7500
per

Your estimated
City
free-cash

Dresden , Germany
-₽27307
-₽24358
-₽27307
-₽28364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
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.

-
-
-
6 406
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 406
Employee

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

35 863
-
7 500
-
surtax

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

55
-
-
-
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.

1 002
-
-
-
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.

6 406
-
6 406
-
total
7 463
-
6 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
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.

-
62
-
-
trade
-
1 181
-
-
income
-
1 125
-
-
total
-
2 521
-
-
Dividends
-
4 979
-
-
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.

-
48
-
-
withholding
-
888
-
-
total
-
936
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 463
3 457
6 406
6 406
After tax
37
4 043
1 094
1 094
Living cost
28 401
28 401
28 401
28 401
Free-cash
-28 364
-24 358
-27 307
-27 307

Estimated living cost  is ₽28401 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42571
-₽44543
-₽42704
-₽75729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
81
pensions
-
-
-
900
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
981
Employee
76 305
-
6 484
-
municipal
9 425
-
-
-
national
14 605
-
-
-
pensions
3 052
-
259
-
total
27 082
-
259
-
Employer
76 305
-
6 484
-
pensions
6 104
-
519
-
social contributions
820
-
70
-
total
6 924
-
589
-
Corporate
-
7 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
6 000
-
-
withholding
-
1 320
-
-
total
-
1 320
-
-
Income
7 500
7 500
7 500
7 500
Total tax
34 006
2 820
848
981
After tax
-26 506
4 680
6 652
6 519
Living cost
49 223
49 223
49 223
49 223
Free-cash
-75 729
-44 543
-42 571
-42 704

Estimated living cost  is ₽49223 per week

₽33456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4576
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.
₽10454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16086
-₽13507
-₽16084
-₽26498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
social contributions

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

-
-
-
2 952
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 125
total
-
-
-
4 077
Employee
27 399
-
5 288
-
surtax
-
-
-
-
social contributions

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

3 014
-
1 011
-
income
4 877
-
856
-
total
7 891
-
1 867
-
Employer
27 399
-
5 288
-
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.

6 600
-
2 212
-
total
6 600
-
2 212
-
Corporate
-
7 500
-
-
income

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

-
1 500
-
-
total
-
1 500
-
-
Dividends

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

-
6 000
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 491
1 500
4 079
4 077
After tax
-6 991
6 000
3 421
3 423
Living cost
19 507
19 507
19 507
19 507
Free-cash
-26 498
-13 507
-16 086
-16 084

Estimated living cost  is ₽19507 per week

₽12445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85610
-₽80347
-₽34953
-₽85610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
1 151
income
-
-
-
674
pensions
-
-
-
1 349
total
-
-
-
3 174
Employee
80 071
80 071
80 071
-
income

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

13 106
13 106
13 106
-
pensions
14 413
10 986
14 413
-
health
12 290
10 454
12 290
-
total
39 809
34 546
39 809
-
Employer
80 071
80 071
80 071
-
unemployment
2 883
2 883
2 883
-
health
5 566
5 566
5 566
-
pensions
5 573
5 573
5 573
-
total
14 022
14 022
14 022
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
53 831
48 568
53 831
3 174
After tax
-46 331
-41 068
-46 331
4 326
Living cost
39 279
39 279
39 279
39 279
Free-cash
-85 610
-80 347
-85 610
-34 953

Estimated living cost  is ₽39279 per week

₽27836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34632
-₽34542
-₽34899
-₽64851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
872
health
-
-
-
468
accident
-
-
-
15
pensions
-
-
-
811
national
-
-
-
-
unemployment
-
-
-
7
municipal
-
-
-
1 589
total
-
-
-
3 762
Employee
55 054
-
5 707
-
municipal
16 417
-
1 702
-
national
-
-
-
-
total
16 417
-
1 702
-
Employer
55 054
-
5 707
-
other
6 397
-
663
-
unemployment
1 453
-
151
-
health
3 386
-
351
-
accident
110
-
11
-
pensions
5 951
-
617
-
total
17 297
-
1 793
-
Corporate
-
7 500
-
-
income
-
1 650
-
-
total
-
1 650
-
-
Dividends
-
5 850
-
-
withholding
-
1 755
-
-
total
-
1 755
-
-
Income
7 500
7 500
7 500
7 500
Total tax
33 714
3 405
3 495
3 762
After tax
-26 214
4 095
4 005
3 738
Living cost
38 637
38 637
38 637
38 637
Free-cash
-64 851
-34 542
-34 632
-34 899

Estimated living cost  is ₽38637 per week

₽25607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
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.
₽8652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35741
-₽32831
-₽35741
-₽40050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
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.

-
-
-
6 406
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 406
Employee

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

47 550
-
7 500
-
surtax

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

224
-
-
-
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.

4 085
-
-
-
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.

6 406
-
6 406
-
total
10 715
-
6 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
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.

-
62
-
-
trade
-
1 233
-
-
income
-
1 125
-
-
total
-
2 573
-
-
Dividends
-
4 927
-
-
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.

-
48
-
-
withholding
-
875
-
-
total
-
923
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 715
3 496
6 406
6 406
After tax
-3 215
4 004
1 094
1 094
Living cost
36 835
36 835
36 835
36 835
Free-cash
-40 050
-32 831
-35 741
-35 741

Estimated living cost  is ₽36835 per week

₽24635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
-₽35919
-₽44116
-₽29383
-₽38990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 645
social contributions
-
-
-
5 561
health
-
-
-
909
income
-
-
-
-
total
-
-
-
6 470
Employee
72 101
72 101
72 101
-
social contributions
3 504
5 984
2 018
-
income
7 571
6 674
8 107
-
health
717
1 226
413
-
total
11 792
13 884
10 538
-
Employer
72 101
72 101
72 101
-
health
781
1 335
450
-
social contributions
3 504
5 984
2 018
-
total
4 285
7 319
2 468
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 077
21 203
13 006
6 470
After tax
-8 577
-13 703
-5 506
1 030
Living cost
30 413
30 413
30 413
30 413
Free-cash
-38 990
-44 116
-35 919
-29 383

Estimated living cost  is ₽30413 per week

₽20790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14168
-₽14983
-₽12278
-₽22600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
536
income
-
-
-
912
pensions
-
-
-
766
unemployment
-
-
-
115
total
-
-
-
2 329
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.

25 188
10 024
10 024
-
income
3 079
1 225
1 290
-
pensions
2 519
1 002
771
-
health
1 763
702
539
-
unemployment
378
150
116
-
total
7 739
3 079
2 716
-
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.

25 188
10 024
10 024
-
pensions
4 912
1 955
1 503
-
total
4 912
1 955
1 503
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 651
5 034
4 219
2 329
After tax
-5 151
2 466
3 281
5 171
Living cost
17 449
17 449
17 449
17 449
Free-cash
-22 600
-14 983
-14 168
-12 278

Estimated living cost  is ₽17449 per week

₽11907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19141
-₽16648
-₽18671
-₽28091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
1 388
income
-
-
-
-
pensions
-
-
-
2 135
total
-
-
-
3 523
Employee
26 600
-
3 891
-
income
2 995
-
-
-
pensions
532
-
214
-
unemployment
425
-
171
-
total
3 952
-
385
-
Employer
26 600
-
3 891
-
unemployment
214
-
85
-
health
3 457
-
1 388
-
pensions
5 320
-
2 135
-
total
8 991
-
3 608
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends
-
6 000
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 943
1 500
3 993
3 523
After tax
-5 443
6 000
3 507
3 977
Living cost
22 648
22 648
22 648
22 648
Free-cash
-28 091
-16 648
-19 141
-18 671

Estimated living cost  is ₽22648 per week

₽15534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16803
-₽20156
-₽20000
-₽31818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
164
pensions
-
-
-
3 927
total
-
-
-
6 737
Employee
32 662
-
6 230
-
income
4 481
-
855
-
pensions
3 678
-
702
-
health
3 740
-
713
-
total
11 899
-
2 270
-
Employer
32 662
-
6 230
-
unemployment
800
-
153
-
accident
545
-
104
-
pensions
5 311
-
1 013
-
total
6 656
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 555
6 893
3 540
6 737
After tax
-11 055
607
3 960
763
Living cost
20 763
20 763
20 763
20 763
Free-cash
-31 818
-20 156
-16 803
-20 000

Estimated living cost  is ₽20763 per week

₽15218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1825
-₽700
-₽400
-₽2281
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
9 781
-
7 500
-
income
1 956
-
1 500
-
total
1 956
-
1 500
-
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%.

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
1 956
375
1 500
75
After tax
5 544
7 125
6 000
7 425
Living cost
7 825
7 825
7 825
7 825
Free-cash
-2 281
-700
-1 825
-400

Estimated living cost  is ₽7825 per week

₽4850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
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.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20711
-₽19475
-₽21643
-₽35126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
484
health
-
-
-
448
income
-
-
-
783
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.

-
-
-
2 443
total
-
-
-
4 158
Employee
34 045
-
5 826
-
income
5 861
-
1 004
-
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.

2 383
-
407
-
health
477
-
82
-
unemployment
340
-
59
-
total
9 061
-
1 552
-
Employer
34 045
-
5 826
-
other
1 703
-
498
-
unemployment
340
-
59
-
health
477
-
82
-
accident
272
-
46
-
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.

5 788
-
989
-
total
8 580
-
1 674
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
415
-
-
total
-
415
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 641
1 990
3 226
4 158
After tax
-10 141
5 510
4 274
3 342
Living cost
24 985
24 985
24 985
24 985
Free-cash
-35 126
-19 475
-20 711
-21 643

Estimated living cost  is ₽24985 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽55990
-₽56258
-₽55878
-₽92049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
87 549
-
7 359
-
income
15 782
-
1 471
-
health
1 443
-
-
-
pensions
8 446
-
-
-
total
25 671
-
1 471
-
Employer
87 549
-
7 359
-
health
1 663
-
141
-
pensions
10 337
-
-
-
total
12 000
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
37 671
1 880
1 612
1 500
After tax
-30 171
5 620
5 888
6 000
Living cost
61 878
61 878
61 878
61 878
Free-cash
-92 049
-56 258
-55 990
-55 878

Estimated living cost  is ₽61878 per week

₽46367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7270
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.
₽7739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7473
-₽5796
-₽7836
-₽11838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
863
income
-
-
-
1 125
pensions

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

-
-
-
1 110
unemployment
-
-
-
30
total
-
-
-
3 128
Employee
16 165
-
6 270
-
income
1 616
-
627
-
accident

We are using the highest rate at 1.1%.

178
-
69
-
pensions

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

1 419
-
550
-
health
744
-
288
-
total
3 957
-
1 534
-
Employer
16 165
-
6 270
-
unemployment
97
-
38
-
health
1 116
-
433
-
accident

We are using the highest rate at 1.1%.

178
-
69
-
pensions

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

1 782
-
691
-
total
3 173
-
1 231
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 130
1 088
2 765
3 128
After tax
370
6 412
4 735
4 372
Living cost
12 208
12 208
12 208
12 208
Free-cash
-11 838
-5 796
-7 473
-7 836

Estimated living cost  is ₽12208 per week

₽7127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽98325
-₽93062
-₽47668
-₽94652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
1 151
income
-
-
-
674
pensions
-
-
-
1 349
total
-
-
-
3 174
Employee
86 932
80 071
80 071
-
income

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

13 106
13 106
13 106
-
pensions
10 986
10 986
14 413
-
health
10 845
10 454
12 290
-
total
34 937
34 546
39 809
-
Employer
86 932
80 071
80 071
-
unemployment
3 130
2 883
2 883
-
health
6 041
5 566
5 566
-
pensions
6 050
5 573
5 573
-
total
15 221
14 022
14 022
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
50 158
48 568
53 831
3 174
After tax
-42 658
-41 068
-46 331
4 326
Living cost
51 994
51 994
51 994
51 994
Free-cash
-94 652
-93 062
-98 325
-47 668

Estimated living cost  is ₽51994 per week

₽38354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19306
-₽17947
-₽19459
-₽38042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
2 190
health
-
-
-
1 013
income
-
-
-
645
solidarity contribution
-
-
-
-
total
-
-
-
3 848
Employee
33 987
-
5 597
-
social contributions
2 209
-
364
-
solidarity contribution
-
-
-
-
income
4 078
-
672
-
health
4 588
-
756
-
total
10 875
-
1 792
-
Employer
33 987
-
5 597
-
health
3 059
-
504
-
social contributions
8 497
-
1 399
-
total
11 556
-
1 903
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 431
2 336
3 695
3 848
After tax
-14 931
5 164
3 805
3 652
Living cost
23 111
23 111
23 111
23 111
Free-cash
-38 042
-17 947
-19 306
-19 459

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41592
-₽35564
-₽39391
-₽75832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 267
national
-
-
-
53
regional
-
-
-
4
municipal
-
-
-
2
total
-
-
-
7 326
Employee
83 332
-
7 500
-
social contributions
28 100
-
9 527
-
municipal
441
-
-
-
national
14 440
-
-
-
regional
786
-
-
-
total
43 767
-
9 527
-
Employer
83 332
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 801
-
-
municipal
-
292
-
-
total
-
2 093
-
-
Dividends
-
5 407
-
-
withholding
-
1 406
-
-
total
-
1 406
-
-
Income
7 500
7 500
7 500
7 500
Total tax
43 767
3 499
9 527
7 326
After tax
-36 267
4 001
-2 027
174
Living cost
39 565
39 565
39 565
39 565
Free-cash
-75 832
-35 564
-41 592
-39 391

Estimated living cost  is ₽39565 per week

₽27580
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.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18417
-₽15974
-₽17578
-₽30034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
-
health
-
-
-
890
income
-
-
-
779
pensions
-
-
-
2 504
surtax
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
4 387
Employee
31 007
-
4 867
-
surtax
101
-
-
-
income
5 198
-
569
-
other
-
-
-
-
pensions
2 068
-
835
-
health
792
-
319
-
unemployment
2 158
-
870
-
total
10 317
-
2 593
-
Employer
31 007
-
4 867
-
other
-
-
-
-
unemployment
982
-
397
-
health
1 411
-
569
-
pensions
4 133
-
1 667
-
total
6 526
-
2 633
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 843
2 783
5 226
4 387
After tax
-9 343
4 717
2 274
3 113
Living cost
20 691
20 691
20 691
20 691
Free-cash
-30 034
-15 974
-18 417
-17 578

Estimated living cost  is ₽20691 per week

₽12651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36386
-₽36654
-₽36274
-₽58639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
58 673
-
7 359
-
income
10 567
-
1 471
-
health
852
-
-
-
pensions
4 980
-
-
-
total
16 399
-
1 471
-
Employer
58 673
-
7 359
-
health
1 115
-
141
-
pensions
6 351
-
-
-
total
7 466
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 865
1 880
1 612
1 500
After tax
-16 365
5 620
5 888
6 000
Living cost
42 274
42 274
42 274
42 274
Free-cash
-58 639
-36 654
-36 386
-36 274

Estimated living cost  is ₽42274 per week

₽31671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
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.
₽6991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽71668
-₽71701
-₽68793
-₽88800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other

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

-
-
-
151
health
-
-
-
245
pensions
-
-
-
689
city
-
-
-
77
national
-
-
-
-
regional
-
-
-
-
total
-
-
-
1 162
Employee
87 922
-
5 389
-
national
416
-
-
-
city
944
-
41
-
pensions
7 387
-
1 932
-
health
199
-
12
-
regional
2 879
-
-
-
unemployment
-
-
-
-
total
11 825
-
1 985
-
Employer
87 922
-
5 389
-
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.

1 758
-
108
-
unemployment
-
-
-
-
health
199
-
12
-
pensions
7 387
-
1 932
-
total
9 344
-
2 052
-
Corporate
-
7 500
-
-
regional
-
1 586
-
-
national
-
637
-
-
total
-
2 223
-
-
Dividends
-
5 277
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 169
4 070
4 037
1 162
After tax
-13 669
3 430
3 463
6 338
Living cost
75 131
75 131
75 131
75 131
Free-cash
-88 800
-71 701
-71 668
-68 793

Estimated living cost  is ₽75131 per week

₽48856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41860
-₽38989
-₽41860
-₽48851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
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.

-
-
-
6 406
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 406
Employee

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

56 351
-
7 500
-
surtax

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

365
-
-
-
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.

6 626
-
-
-
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.

6 406
-
6 406
-
total
13 397
-
6 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
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.

-
62
-
-
trade
-
1 286
-
-
income
-
1 125
-
-
total
-
2 626
-
-
Dividends
-
4 874
-
-
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.

-
48
-
-
withholding
-
861
-
-
total
-
909
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 397
3 535
6 406
6 406
After tax
-5 897
3 965
1 094
1 094
Living cost
42 954
42 954
42 954
42 954
Free-cash
-48 851
-38 989
-41 860
-41 860

Estimated living cost  is ₽42954 per week

₽31372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27179
-₽28299
-₽28853
-₽45162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
233
social contributions
-
-
-
214
health
-
-
-
249
income
-
-
-
-
pensions
-
-
-
3 577
surtax
-
-
-
-
total
-
-
-
4 273
Employee
40 130
-
5 714
-
surtax
-
-
-
-
social contributions
1 144
-
164
-
income
2 368
-
-
-
pensions
4 537
-
648
-
total
8 049
-
812
-
Employer
40 130
-
5 714
-
other
1 384
-
198
-
unemployment
1 625
-
231
-
health
2 810
-
400
-
pensions
6 593
-
940
-
social contributions
121
-
18
-
total
12 533
-
1 787
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
5 400
-
-
social contributions
-
929
-
-
surtax
-
-
-
-
withholding
-
690
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 582
3 719
2 599
4 273
After tax
-13 082
3 781
4 901
3 227
Living cost
32 080
32 080
32 080
32 080
Free-cash
-45 162
-28 299
-27 179
-28 853

Estimated living cost  is ₽32080 per week

₽20228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
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.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24001
-₽25121
-₽25675
-₽39509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
233
social contributions
-
-
-
214
health
-
-
-
249
income
-
-
-
-
pensions
-
-
-
3 577
surtax
-
-
-
-
total
-
-
-
4 273
Employee
35 822
-
5 714
-
surtax
-
-
-
-
social contributions
1 021
-
164
-
income
1 847
-
-
-
pensions
4 052
-
648
-
total
6 920
-
812
-
Employer
35 822
-
5 714
-
other
1 237
-
198
-
unemployment
1 450
-
231
-
health
2 507
-
400
-
pensions
5 886
-
940
-
social contributions
107
-
18
-
total
11 187
-
1 787
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
5 400
-
-
social contributions
-
929
-
-
surtax
-
-
-
-
withholding
-
690
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 107
3 719
2 599
4 273
After tax
-10 607
3 781
4 901
3 227
Living cost
28 902
28 902
28 902
28 902
Free-cash
-39 509
-25 121
-24 001
-25 675

Estimated living cost  is ₽28902 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15064
-₽16289
-₽15970
-₽26755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
1 635
health
-
-
-
827
income
-
-
-
1 125
total
-
-
-
3 587
Employee
31 792
-
7 500
-
social contributions
4 388
-
1 635
-
income
5 303
-
219
-
health
2 219
-
827
-
total
11 910
-
2 681
-
Employer
31 792
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
375
-
-
total
-
375
-
-
Dividends
-
7 125
-
-
social contributions
1 635
1 635
-
-
withholding
-
1 069
-
-
health
827
827
-
-
total
2 462
3 531
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 372
3 906
2 681
3 587
After tax
-6 872
3 594
4 819
3 913
Living cost
19 883
19 883
19 883
19 883
Free-cash
-26 755
-16 289
-15 064
-15 970

Estimated living cost  is ₽19883 per week

₽13306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37347
-₽46892
-₽33950
-₽53920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
715
income
-
-
-
-
chamber of commerce
-
-
-
30
pensions
-
-
-
1 730
surtax
-
-
-
185
unemployment
-
-
-
5 751
total
-
-
-
8 411
Employee
46 859
37 367
37 367
-
income
5 335
2 756
4 390
-
other
468
374
94
-
pensions
4 799
3 826
957
-
health
1 813
1 447
361
-
unemployment
1 406
1 121
281
-
total
13 821
9 524
6 083
-
Employer
46 859
37 367
37 367
-
other
2 226
1 774
1 537
-
unemployment
1 406
1 121
281
-
health
1 770
1 413
354
-
surtax
185
185
185
-
accident
609
486
34
-
pensions
5 881
4 690
1 174
-
payroll
1 406
1 121
1 121
-
chamber of commerce
187
149
149
-
total
13 670
10 939
4 835
-
Corporate
3 559
3 559
3 559
-
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.

890
890
890
-
total
890
890
890
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 381
21 353
11 808
8 411
After tax
-20 881
-13 853
-4 308
-911
Living cost
33 039
33 039
33 039
33 039
Free-cash
-53 920
-46 892
-37 347
-33 950

Estimated living cost  is ₽33039 per week

₽22036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30704
-₽29666
-₽32423
-₽79095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
4 943
communal

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

-
-
-
153
national
-
-
-
639
total
-
-
-
5 735
Employee

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

67 071
-
5 808
-
national
20 620
-
1 262
-
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.

5 030
-
436
-
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.

3 151
-
274
-
communal

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

3 498
-
302
-
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.

584
-
50
-
total
32 883
-
2 324
-
Employer

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

67 071
-
5 808
-
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.

979
-
85
-
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.

4 125
-
358
-
surtax
7 605
-
658
-
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.

872
-
77
-
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.

5 943
-
514
-
total
19 524
-
1 692
-
Corporate
-
7 500
-
-
surtax
-
30
-
-
income
-
1 500
-
-
total
-
1 530
-
-
Dividends
-
5 970
-
-
withholding

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

-
1 448
-
-
total
-
1 448
-
-
Income
7 500
7 500
7 500
7 500
Total tax
52 407
2 978
4 016
5 735
After tax
-44 907
4 522
3 484
1 765
Living cost
34 188
34 188
34 188
34 188
Free-cash
-79 095
-29 666
-30 704
-32 423

Estimated living cost  is ₽34188 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38334
-₽28699
-₽32686
-₽54051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
20
accident
-
-
-
181
income
-
-
-
276
pensions
-
-
-
5 706
unemployment
-
-
-
141
total
-
-
-
6 324
Employee
46 674
-
-
-
income
9 848
-
-
-
other
46
-
32
-
pensions
2 194
-
1 472
-
unemployment
724
-
486
-
total
12 812
-
1 990
-
Employer
46 674
-
-
-
other
372
-
251
-
unemployment
2 568
-
1 722
-
accident
923
-
619
-
pensions
11 014
-
7 390
-
total
14 877
-
9 982
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 689
2 337
11 972
6 324
After tax
-20 189
5 163
-4 472
1 176
Living cost
33 862
33 862
33 862
33 862
Free-cash
-54 051
-28 699
-38 334
-32 686

Estimated living cost  is ₽33862 per week

₽24936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54343
-₽45825
-₽54342
-₽71991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
3 345
accident
-
-
-
402
income
-
-
-
-
pensions
-
-
-
7 139
communal
-
-
-
-
surtax
-
-
-
-
total
-
-
-
10 886
Employee
71 007
-
2 167
-
surtax
4 352
-
-
-
income
6 859
-
-
-
pensions
5 680
-
3 569
-
health
3 160
-
1 986
-
total
20 051
-
5 555
-
Employer
71 007
-
2 167
-
health
2 165
-
1 361
-
accident
639
-
402
-
pensions
5 680
-
3 569
-
total
8 484
-
5 332
-
Corporate
-
7 500
-
-
surtax
-
78
-
-
income
-
1 125
-
-
communal
-
-
-
-
total
-
1 203
-
-
Dividends
-
6 297
-
-
income
-
221
-
-
withholding
-
945
-
-
total
-
1 166
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 535
2 369
10 887
10 886
After tax
-21 035
5 131
-3 387
-3 386
Living cost
50 956
50 956
50 956
50 956
Free-cash
-71 991
-45 825
-54 343
-54 342

Estimated living cost  is ₽50956 per week

₽38224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18787
-₽16344
-₽17948
-₽30726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
-
health
-
-
-
890
income
-
-
-
779
pensions
-
-
-
2 504
surtax
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
4 387
Employee
31 577
-
4 867
-
surtax
112
-
-
-
income
5 294
-
569
-
other
-
-
-
-
pensions
2 107
-
835
-
health
806
-
319
-
unemployment
2 198
-
870
-
total
10 517
-
2 593
-
Employer
31 577
-
4 867
-
other
-
-
-
-
unemployment
1 002
-
397
-
health
1 436
-
569
-
pensions
4 210
-
1 667
-
total
6 648
-
2 633
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 165
2 783
5 226
4 387
After tax
-9 665
4 717
2 274
3 113
Living cost
21 061
21 061
21 061
21 061
Free-cash
-30 726
-16 344
-18 787
-17 948

Estimated living cost  is ₽21061 per week

₽12715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27285
-₽21315
-₽25085
-₽44513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 267
national
-
-
-
53
regional
-
-
-
5
municipal
-
-
-
2
total
-
-
-
7 327
Employee
52 013
-
7 500
-
social contributions
17 539
-
9 527
-
municipal
276
-
-
-
national
8 240
-
-
-
regional
700
-
-
-
total
26 755
-
9 527
-
Employer
52 013
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 801
-
-
municipal
-
372
-
-
total
-
2 173
-
-
Dividends
-
5 327
-
-
withholding
-
1 384
-
-
total
-
1 384
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 755
3 557
9 527
7 327
After tax
-19 255
3 943
-2 027
173
Living cost
25 258
25 258
25 258
25 258
Free-cash
-44 513
-21 315
-27 285
-25 085

Estimated living cost  is ₽25258 per week

₽15708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24674
-₽23315
-₽24827
-₽48620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
2 190
health
-
-
-
1 013
income
-
-
-
645
solidarity contribution
-
-
-
-
total
-
-
-
3 848
Employee
41 880
-
5 597
-
social contributions
2 722
-
364
-
solidarity contribution
-
-
-
-
income
5 026
-
672
-
health
5 654
-
756
-
total
13 402
-
1 792
-
Employer
41 880
-
5 597
-
health
3 769
-
504
-
social contributions
10 470
-
1 399
-
total
14 239
-
1 903
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 641
2 336
3 695
3 848
After tax
-20 141
5 164
3 805
3 652
Living cost
28 479
28 479
28 479
28 479
Free-cash
-48 620
-23 315
-24 674
-24 827

Estimated living cost  is ₽28479 per week

₽21179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34040
-₽43582
-₽30640
-₽46174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
715
income
-
-
-
-
chamber of commerce
-
-
-
30
pensions
-
-
-
1 730
surtax
-
-
-
-
unemployment
-
-
-
5 751
total
-
-
-
8 226
Employee
40 987
37 367
37 367
-
income
3 651
2 756
4 390
-
other
409
374
94
-
pensions
4 198
3 826
957
-
health
1 585
1 447
361
-
unemployment
1 230
1 121
281
-
total
11 073
9 524
6 083
-
Employer
40 987
37 367
37 367
-
other
1 947
1 774
1 537
-
unemployment
1 230
1 121
281
-
health
1 550
1 413
354
-
surtax
-
-
-
-
accident
532
486
37
-
pensions
5 144
4 690
1 174
-
payroll
1 230
1 121
1 121
-
chamber of commerce
164
149
149
-
total
11 797
10 754
4 653
-
Corporate
3 559
3 559
3 559
-
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.

890
890
890
-
total
890
890
890
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 760
21 168
11 626
8 226
After tax
-16 260
-13 668
-4 126
-726
Living cost
29 914
29 914
29 914
29 914
Free-cash
-46 174
-43 582
-34 040
-30 640

Estimated living cost  is ₽29914 per week

₽17945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6194
-₽5069
-₽4769
-₽7743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
15 243
-
7 500
-
income
3 049
-
1 500
-
total
3 049
-
1 500
-
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%.

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 049
375
1 500
75
After tax
4 451
7 125
6 000
7 425
Living cost
12 194
12 194
12 194
12 194
Free-cash
-7 743
-5 069
-6 194
-4 769

Estimated living cost  is ₽12194 per week

₽8252
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.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20905
-₽19986
-₽20629
-₽40420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
health
-
-
-
737
income
-
-
-
861
pensions
-
-
-
1 370
unemployment
-
-
-
11
total
-
-
-
2 979
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.

41 463
-
6 489
-
income
7 150
-
810
-
pensions
6 427
-
1 005
-
health
2 678
-
420
-
unemployment
59
-
9
-
total
16 314
-
2 244
-
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.

41 463
-
6 489
-
unemployment
25
-
4
-
health
2 762
-
432
-
pensions
3 669
-
575
-
total
6 456
-
1 011
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 770
2 336
3 255
2 979
After tax
-15 270
5 164
4 245
4 521
Living cost
25 150
25 150
25 150
25 150
Free-cash
-40 420
-19 986
-20 905
-20 629

Estimated living cost  is ₽25150 per week

₽17260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47679
-₽37723
-₽37204
-₽138623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
985
income
-
-
-
1 433
total
-
-
-
2 418
Employee
60 632
-
-
-
social contributions
4 972
-
709
-
income
13 374
-
-
-
total
18 346
-
709
-
Employer
60 632
-
-
-
social contributions
85 491
-
12 184
-
total
85 491
-
12 184
-
Corporate
-
7 500
-
-
income
-
1 650
-
-
total
-
1 650
-
-
Dividends
-
5 850
-
-
income
-
1 287
-
-
total
-
1 287
-
-
Income
7 500
7 500
7 500
7 500
Total tax
103 837
2 937
12 893
2 418
After tax
-96 337
4 563
-5 393
5 082
Living cost
42 286
42 286
42 286
42 286
Free-cash
-138 623
-37 723
-47 679
-37 204

Estimated living cost  is ₽42286 per week

₽27437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24799
-₽25144
-₽24956
-₽45867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
social contributions

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

-
-
-
2 607
income
-
-
-
438
surtax
-
-
-
-
total
-
-
-
3 045
Employee
43 125
-
6 060
-
surtax
-
-
-
-
social contributions
4 744
-
667
-
income
8 970
-
781
-
total
13 714
-
1 448
-
Employer
43 125
-
6 060
-
social contributions
10 242
-
1 440
-
total
10 242
-
1 440
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 658
-
-
total
-
1 658
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 956
3 233
2 888
3 045
After tax
-16 456
4 267
4 612
4 455
Living cost
29 411
29 411
29 411
29 411
Free-cash
-45 867
-25 144
-24 799
-24 956

Estimated living cost  is ₽29411 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40386
-₽41506
-₽42060
-₽69567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
233
social contributions
-
-
-
214
health
-
-
-
249
income
-
-
-
-
pensions
-
-
-
3 577
surtax
-
-
-
-
total
-
-
-
4 273
Employee
58 727
-
5 714
-
surtax
-
-
-
-
social contributions
1 673
-
164
-
income
5 124
-
-
-
pensions
6 642
-
648
-
total
13 439
-
812
-
Employer
58 727
-
5 714
-
other
2 027
-
198
-
unemployment
2 379
-
231
-
health
4 110
-
400
-
pensions
9 649
-
940
-
social contributions
176
-
18
-
total
18 341
-
1 787
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 100
-
-
total
-
2 100
-
-
Dividends
-
5 400
-
-
social contributions
-
929
-
-
surtax
-
-
-
-
withholding
-
690
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
31 780
3 719
2 599
4 273
After tax
-24 280
3 781
4 901
3 227
Living cost
45 287
45 287
45 287
45 287
Free-cash
-69 567
-41 506
-40 386
-42 060

Estimated living cost  is ₽45287 per week

₽30650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22112
-₽21434
-₽22334
-₽27317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
social contributions
-
-
-
1 649
total
-
-
-
1 649
Employee
30 144
-
6 495
-
income
-
-
-
-
social contributions
1 959
-
422
-
total
1 959
-
422
-
Employer
30 144
-
6 495
-
social contributions
4 673
-
1 005
-
total
4 673
-
1 005
-
Corporate
-
7 500
-
-
income
-
749
-
-
total
-
749
-
-
Dividends
-
6 751
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 632
749
1 427
1 649
After tax
868
6 751
6 073
5 851
Living cost
28 185
28 185
28 185
28 185
Free-cash
-27 317
-21 434
-22 112
-22 334

Estimated living cost  is ₽28185 per week

₽18224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽196506
-₽196506
-₽38941
-₽196506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
labour market
-
-
-
535
pensions
-
-
-
812
national
-
-
-
-
municipal
-
-
-
-
total
-
-
-
1 347
Employee
190 330
190 330
190 330
-
labour market
15 205
15 205
15 205
-
municipal
40 530
40 530
40 530
-
national
23 252
23 252
23 252
-
pensions
271
271
271
-
total
79 258
79 258
79 258
-
Employer
190 330
190 330
190 330
-
national
23 293
23 293
23 293
-
labour market
15 226
15 226
15 226
-
pensions
541
541
541
-
municipal
40 594
40 594
40 594
-
total
79 654
79 654
79 654
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
158 912
158 912
158 912
1 347
After tax
-151 412
-151 412
-151 412
6 153
Living cost
45 094
45 094
45 094
45 094
Free-cash
-196 506
-196 506
-196 506
-38 941

Estimated living cost  is ₽45094 per week

₽30863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16497
-₽19850
-₽19694
-₽31239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
164
pensions
-
-
-
3 927
total
-
-
-
6 737
Employee
32 181
-
6 230
-
income
4 415
-
855
-
pensions
3 624
-
702
-
health
3 685
-
713
-
total
11 724
-
2 270
-
Employer
32 181
-
6 230
-
unemployment
789
-
153
-
accident
537
-
104
-
pensions
5 232
-
1 013
-
total
6 558
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 282
6 893
3 540
6 737
After tax
-10 782
607
3 960
763
Living cost
20 457
20 457
20 457
20 457
Free-cash
-31 239
-19 850
-16 497
-19 694

Estimated living cost  is ₽20457 per week

₽14891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31251
-₽30809
-₽29850
-₽51139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
7 500
health
-
-
-
-
national
-
-
-
-
municipal
-
-
-
1 351
total
-
-
-
1 351
Employee
49 332
-
6 310
-
municipal
8 080
-
1 043
-
national
815
-
-
-
pensions
3 329
-
425
-
health
368
-
-
-
unemployment
740
-
94
-
total
13 332
-
1 562
-
Employer
49 332
-
6 310
-
unemployment
320
-
41
-
health
379
-
48
-
accident
50
-
7
-
pensions
8 559
-
1 094
-
total
9 308
-
1 190
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends

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

-
4 500
-
-
national
-
-
-
-
municipal
-
810
-
-
total
-
810
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 640
2 310
2 752
1 351
After tax
-15 140
5 190
4 748
6 149
Living cost
35 999
35 999
35 999
35 999
Free-cash
-51 139
-30 809
-31 251
-29 850

Estimated living cost  is ₽35999 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27215
-₽35412
-₽20679
-₽28678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 645
social contributions
-
-
-
5 561
health
-
-
-
909
income
-
-
-
-
total
-
-
-
6 470
Employee
72 101
72 101
72 101
-
social contributions
2 726
5 984
2 018
-
income
7 851
6 674
8 107
-
health
559
1 226
413
-
total
11 136
13 884
10 538
-
Employer
72 101
72 101
72 101
-
health
607
1 335
450
-
social contributions
2 726
5 984
2 018
-
total
3 333
7 319
2 468
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 469
21 203
13 006
6 470
After tax
-6 969
-13 703
-5 506
1 030
Living cost
21 709
21 709
21 709
21 709
Free-cash
-28 678
-35 412
-27 215
-20 679

Estimated living cost  is ₽21709 per week

₽13011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13162
-₽8675
-₽16771
-₽16238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 500
health
-
-
-
3 393
income
-
-
-
-
pensions
-
-
-
5 964
unemployment
-
-
-
27
total
-
-
-
9 384
Employee

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

21 522
-
5 817
-
income
1 472
-
171
-
pensions
3 228
-
2 450
-
health
1 829
-
1 388
-
unemployment
107
-
82
-
total
6 636
-
4 091
-
Employer

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

21 522
-
5 817
-
unemployment
107
-
82
-
health
925
-
703
-
pensions
1 183
-
899
-
total
2 215
-
1 684
-
Corporate
-
7 500
-
-
income
-
674
-
-
total
-
674
-
-
Dividends
-
6 826
-
-
withholding
-
614
-
-
total
-
614
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 851
1 288
5 775
9 384
After tax
-1 351
6 212
1 725
-1 884
Living cost
14 887
14 887
14 887
14 887
Free-cash
-16 238
-8 675
-13 162
-16 771

Estimated living cost  is ₽14887 per week

₽9498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30256
-₽20621
-₽24608
-₽38223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
20
accident
-
-
-
181
income
-
-
-
276
pensions
-
-
-
5 706
unemployment
-
-
-
141
total
-
-
-
6 324
Employee
34 670
-
-
-
income
6 684
-
-
-
other
34
-
32
-
pensions
1 630
-
1 472
-
unemployment
537
-
486
-
total
8 885
-
1 990
-
Employer
34 670
-
-
-
other
278
-
251
-
unemployment
1 907
-
1 722
-
accident
687
-
619
-
pensions
8 182
-
7 390
-
total
11 054
-
9 982
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 939
2 337
11 972
6 324
After tax
-12 439
5 163
-4 472
1 176
Living cost
25 784
25 784
25 784
25 784
Free-cash
-38 223
-20 621
-30 256
-24 608

Estimated living cost  is ₽25784 per week

₽17404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2049
₽2945
₽2122
₽2660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
917
income
-
-
-
1 461
pensions
-
-
-
1 265
total
-
-
-
3 643
Employee
2 642
-
6 122
-
income
511
-
1 421
-
pensions
238
-
551
-
health
132
-
306
-
unemployment
26
-
61
-
total
907
-
2 339
-
Employer
2 642
-
6 122
-
unemployment
53
-
122
-
health
251
-
582
-
pensions
291
-
673
-
total
595
-
1 377
-
Corporate
4 263
7 500
-
-
income
938
1 650
-
-
total
938
1 650
-
-
Dividends
3 325
5 850
-
-
withholding
665
1 170
-
-
total
665
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 105
2 820
3 716
3 643
After tax
4 395
4 680
3 784
3 857
Living cost
1 735
1 735
1 735
1 735
Free-cash
2 660
2 945
2 049
2 122

Estimated living cost  is ₽1735 per week

₽1031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11320
-₽10764
-₽11706
-₽21271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
health
-
-
-
772
income
-
-
-
188
pensions
-
-
-
1 950
unemployment
-
-
-
113
total
-
-
-
3 023
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.

24 402
-
6 361
-
income
3 364
-
231
-
pensions
3 416
-
891
-
health
1 257
-
328
-
unemployment
183
-
48
-
total
8 220
-
1 498
-
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.

24 402
-
6 361
-
unemployment
183
-
48
-
health
1 257
-
328
-
pensions
2 928
-
763
-
total
4 368
-
1 139
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
956
-
-
total
-
956
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 588
2 081
2 637
3 023
After tax
-5 088
5 419
4 863
4 477
Living cost
16 183
16 183
16 183
16 183
Free-cash
-21 271
-10 764
-11 320
-11 706

Estimated living cost  is ₽16183 per week

₽10896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20666
-₽21011
-₽20823
-₽37535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
social contributions

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

-
-
-
2 607
income
-
-
-
438
surtax
-
-
-
-
total
-
-
-
3 045
Employee
36 392
-
6 060
-
surtax
-
-
-
-
social contributions
4 004
-
667
-
income
7 111
-
781
-
total
11 115
-
1 448
-
Employer
36 392
-
6 060
-
social contributions
8 642
-
1 440
-
total
8 642
-
1 440
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 658
-
-
total
-
1 658
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 757
3 233
2 888
3 045
After tax
-12 257
4 267
4 612
4 455
Living cost
25 278
25 278
25 278
25 278
Free-cash
-37 535
-21 011
-20 666
-20 823

Estimated living cost  is ₽25278 per week

₽17904
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.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37425
-₽27790
-₽31777
-₽52222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
20
accident
-
-
-
181
income
-
-
-
276
pensions
-
-
-
5 706
unemployment
-
-
-
141
total
-
-
-
6 324
Employee
45 284
-
-
-
income
9 458
-
-
-
other
44
-
32
-
pensions
2 128
-
1 472
-
unemployment
701
-
486
-
total
12 331
-
1 990
-
Employer
45 284
-
-
-
other
363
-
251
-
unemployment
2 491
-
1 722
-
accident
897
-
619
-
pensions
10 687
-
7 390
-
total
14 438
-
9 982
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 769
2 337
11 972
6 324
After tax
-19 269
5 163
-4 472
1 176
Living cost
32 953
32 953
32 953
32 953
Free-cash
-52 222
-27 790
-37 425
-31 777

Estimated living cost  is ₽32953 per week

₽23666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11282
-₽9605
-₽11645
-₽17870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
863
income
-
-
-
1 125
pensions

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

-
-
-
1 110
unemployment
-
-
-
30
total
-
-
-
3 128
Employee
21 209
-
6 270
-
income
2 121
-
627
-
accident

We are using the highest rate at 1.1%.

233
-
69
-
pensions

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

1 862
-
550
-
health
976
-
288
-
total
5 192
-
1 534
-
Employer
21 209
-
6 270
-
unemployment
127
-
38
-
health
1 464
-
433
-
accident

We are using the highest rate at 1.1%.

233
-
69
-
pensions

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

2 337
-
691
-
total
4 161
-
1 231
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 353
1 088
2 765
3 128
After tax
-1 853
6 412
4 735
4 372
Living cost
16 017
16 017
16 017
16 017
Free-cash
-17 870
-9 605
-11 282
-11 645

Estimated living cost  is ₽16017 per week

₽10594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35106
-₽32082
-₽35106
-₽39154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
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.

-
-
-
6 406
income

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

-
-
-
-
surtax

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 406
Employee

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

46 654
-
7 500
-
surtax

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

212
-
-
-
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.

3 836
-
-
-
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.

6 406
-
6 406
-
total
10 454
-
6 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
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.

-
62
-
-
trade
-
1 077
-
-
income
-
1 125
-
-
total
-
2 417
-
-
Dividends
-
5 084
-
-
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.

-
50
-
-
withholding
-
915
-
-
total
-
965
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 454
3 382
6 406
6 406
After tax
-2 954
4 118
1 094
1 094
Living cost
36 200
36 200
36 200
36 200
Free-cash
-39 154
-32 082
-35 106
-35 106

Estimated living cost  is ₽36200 per week

₽24972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45913
-₽48164
-₽45913
-₽65846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
73 345
-
7 500
-
income
13 840
-
-
-
social contributions
6 093
-
-
-
total
19 933
-
-
-
Employer
73 345
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
938
-
-
total
-
938
-
-
Dividends
-
6 562
-
-
withholding
-
1 313
-
-
total
-
1 313
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 933
2 251
-
-
After tax
-12 433
5 249
7 500
7 500
Living cost
53 413
53 413
53 413
53 413
Free-cash
-65 846
-48 164
-45 913
-45 913

Estimated living cost  is ₽53413 per week

₽40635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29797
-₽31961
-₽59037
-₽42623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
income
-
-
-
26 690
health

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

-
-
-
5 810
total
-
-
-
32 500
Employee
43 014
-
5 870
-
income
4 667
-
-
-
social contributions
4 310
-
1 630
-
total
8 977
-
1 630
-
Employer
43 014
-
5 870
-
social contributions
4 310
-
1 630
-
total
4 310
-
1 630
-
Corporate
-
7 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
4 875
-
-
social contributions
2 799
2 799
-
-
total
2 799
2 799
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 086
5 424
3 260
32 500
After tax
-8 586
2 076
4 240
-25 000
Living cost
34 037
34 037
34 037
34 037
Free-cash
-42 623
-31 961
-29 797
-59 037

Estimated living cost  is ₽34037 per week

₽22420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28479
-₽28747
-₽28367
-₽45337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
47 174
-
7 359
-
income
8 591
-
1 471
-
health
615
-
-
-
pensions
3 601
-
-
-
total
12 807
-
1 471
-
Employer
47 174
-
7 359
-
health
897
-
141
-
pensions
4 766
-
-
-
total
5 663
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 470
1 880
1 612
1 500
After tax
-10 970
5 620
5 888
6 000
Living cost
34 367
34 367
34 367
34 367
Free-cash
-45 337
-28 747
-28 479
-28 367

Estimated living cost  is ₽34367 per week

₽23576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18523
-₽21876
-₽21720
-₽35073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other
-
-
-
350
health
-
-
-
2 058
accident
-
-
-
238
income
-
-
-
164
pensions
-
-
-
3 927
total
-
-
-
6 737
Employee
35 366
-
6 230
-
income
4 852
-
855
-
pensions
3 982
-
702
-
health
4 049
-
713
-
total
12 883
-
2 270
-
Employer
35 366
-
6 230
-
unemployment
866
-
153
-
accident
591
-
104
-
pensions
5 750
-
1 013
-
total
7 207
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 090
6 893
3 540
6 737
After tax
-12 590
607
3 960
763
Living cost
22 483
22 483
22 483
22 483
Free-cash
-35 073
-21 876
-18 523
-21 720

Estimated living cost  is ₽22483 per week

₽16500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7958
-₽6271
-₽7958
-₽12733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
7 500
income
-
-
-
750
health insurance
-
-
-
555
work injury
-
-
-
37
pensions
-
-
-
1 380
unemployment
-
-
-
90
total
-
-
-
2 812
Employee

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

20 233
-
7 500
-
income
2 023
-
750
-
work injury
101
-
37
-
health insurance
1 497
-
555
-
pensions
3 723
-
1 380
-
unemployment
243
-
90
-
total
7 587
-
2 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
1 125
-
-
total
-
1 125
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 587
1 125
2 812
2 812
After tax
-87
6 375
4 688
4 688
Living cost
12 646
12 646
12 646
12 646
Free-cash
-12 733
-6 271
-7 958
-7 958

Estimated living cost  is ₽12646 per week

₽7834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39381
-₽33404
-₽37180
-₽71513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 267
national
-
-
-
53
regional
-
-
-
4
municipal
-
-
-
2
total
-
-
-
7 326
Employee
79 012
-
7 500
-
social contributions
26 642
-
9 527
-
municipal
472
-
-
-
national
13 352
-
-
-
regional
1 193
-
-
-
total
41 659
-
9 527
-
Employer
79 012
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 801
-
-
municipal
-
361
-
-
total
-
2 162
-
-
Dividends
-
5 338
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
7 500
7 500
7 500
7 500
Total tax
41 659
3 550
9 527
7 326
After tax
-34 159
3 950
-2 027
174
Living cost
37 354
37 354
37 354
37 354
Free-cash
-71 513
-33 404
-39 381
-37 180

Estimated living cost  is ₽37354 per week

₽26239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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