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
-₽28999
-₽27923
-₽27923
-₽24859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
-
health

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

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

-
-
-
6 519
income

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 519
Employee

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

36 498
-
7 500
-
income

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

1 020
-
-
-
surtax

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

56
-
-
-
health

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

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

6 519
-
6 519
-
total
7 595
-
6 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
62
-
-
chamber of commerce
-
156
-
-
income
-
1 125
-
-
trade
-
1 181
-
-
total
-
2 524
-
-
Dividends
-
4 977
-
-
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.

-
49
-
-
withholding
-
882
-
-
total
-
931
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 595
3 455
6 519
6 519
After tax
-95
4 045
981
981
Living cost
28 904
28 904
28 904
28 904
Free-cash
-28 999
-24 859
-27 923
-27 923

Estimated living cost  is ₽28904 per week

₽18181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81636
-₽46064
-₽46197
-₽48036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
pensions
-
-
-
900
municipal
-
-
-
-
social contributions
-
-
-
81
total
-
-
-
981
Employee
81 719
-
6 484
-
pensions
3 269
-
259
-
national
15 641
-
-
-
municipal
10 094
-
-
-
total
29 004
-
259
-
Employer
81 719
-
6 484
-
social contributions
878
-
70
-
pensions
6 538
-
519
-
total
7 416
-
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
36 420
2 820
848
981
After tax
-28 920
4 680
6 652
6 519
Living cost
52 716
52 716
52 716
52 716
Free-cash
-81 636
-48 036
-46 064
-46 197

Estimated living cost  is ₽52716 per week

₽35830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27102
-₽16477
-₽16482
-₽13852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
-
microenterprise
-
-
-
1 125
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.

-
-
-
3 004
total
-
-
-
4 129
Employee
27 884
-
5 249
-
income
4 964
-
844
-
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.

3 068
-
1 029
-
total
8 032
-
1 873
-
Employer
27 884
-
5 249
-
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.

6 717
-
2 251
-
surtax
-
-
-
-
total
6 717
-
2 251
-
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%.

-
1 499
-
-
total
-
1 499
-
-
Dividends

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

-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 749
1 499
4 124
4 129
After tax
-7 249
6 001
3 376
3 371
Living cost
19 853
19 853
19 853
19 853
Free-cash
-27 102
-13 852
-16 477
-16 482

Estimated living cost  is ₽19853 per week

₽12665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽87260
-₽87260
-₽35651
-₽81903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 349
health
-
-
-
1 152
income
-
-
-
675
total
-
-
-
3 176
Employee
81 490
81 490
81 490
-
income

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

13 339
13 339
13 339
-
pensions
14 668
11 180
14 668
-
health
12 508
10 639
12 508
-
total
40 515
35 158
40 515
-
Employer
81 490
81 490
81 490
-
unemployment
2 934
2 934
2 934
-
health
5 664
5 664
5 664
-
pensions
5 672
5 672
5 672
-
total
14 270
14 270
14 270
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
54 785
49 428
54 785
3 176
After tax
-47 285
-41 928
-47 285
4 324
Living cost
39 975
39 975
39 975
39 975
Free-cash
-87 260
-81 903
-87 260
-35 651

Estimated living cost  is ₽39975 per week

₽28329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽63634
-₽33981
-₽34248
-₽33891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
8
accident
-
-
-
15
national
-
-
-
-
pensions
-
-
-
811
health
-
-
-
468
municipal
-
-
-
1 589
other
-
-
-
871
total
-
-
-
3 762
Employee
54 127
-
5 707
-
national
-
-
-
-
municipal
16 141
-
1 702
-
total
16 141
-
1 702
-
Employer
54 127
-
5 707
-
accident
108
-
11
-
unemployment
1 429
-
151
-
health
3 329
-
351
-
pensions
5 851
-
617
-
other
6 290
-
663
-
total
17 007
-
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
33 148
3 405
3 495
3 762
After tax
-25 648
4 095
4 005
3 738
Living cost
37 986
37 986
37 986
37 986
Free-cash
-63 634
-33 891
-33 981
-34 248

Estimated living cost  is ₽37986 per week

₽25176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40892
-₽36506
-₽36506
-₽33479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
-
health

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

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

-
-
-
6 519
income

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 519
Employee

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

48 392
-
7 500
-
income

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

4 158
-
-
-
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.

228
-
-
-
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.

6 519
-
6 519
-
total
10 905
-
6 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
62
-
-
chamber of commerce
-
156
-
-
income
-
1 125
-
-
trade
-
1 233
-
-
total
-
2 576
-
-
Dividends
-
4 925
-
-
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.

-
47
-
-
withholding
-
869
-
-
total
-
916
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 905
3 492
6 519
6 519
After tax
-3 405
4 008
981
981
Living cost
37 487
37 487
37 487
37 487
Free-cash
-40 892
-33 479
-36 506
-36 506

Estimated living cost  is ₽37487 per week

₽25072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39813
-₽36687
-₽30035
-₽45030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 276
health
-
-
-
925
income
-
-
-
-
social contributions
-
-
-
5 659
total
-
-
-
6 584
Employee
73 378
73 378
73 378
-
income
7 705
6 793
8 250
-
social contributions
3 566
6 090
2 054
-
health
730
1 248
420
-
total
12 001
14 131
10 724
-
Employer
73 378
73 378
73 378
-
social contributions
3 566
6 090
2 054
-
health
795
1 358
458
-
total
4 361
7 448
2 512
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 362
21 579
13 236
6 584
After tax
-8 862
-14 079
-5 736
916
Living cost
30 951
30 951
30 951
30 951
Free-cash
-39 813
-45 030
-36 687
-30 035

Estimated living cost  is ₽30951 per week

₽21158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24445
-₽15496
-₽13422
-₽16364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
122
pensions
-
-
-
813
health
-
-
-
569
income
-
-
-
899
total
-
-
-
2 403
Employee

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

The minimum wage is 138,000 HUF per month.

26 732
10 639
10 639
-
income
3 268
1 301
1 369
-
pensions
2 673
1 064
818
-
unemployment
401
160
123
-
health
1 871
745
572
-
total
8 213
3 270
2 882
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 732
10 639
10 639
-
pensions
5 213
2 075
1 595
-
total
5 213
2 075
1 595
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 426
5 345
4 477
2 403
After tax
-5 926
2 155
3 023
5 097
Living cost
18 519
18 519
18 519
18 519
Free-cash
-24 445
-16 364
-15 496
-13 422

Estimated living cost  is ₽18519 per week

₽12637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28722
-₽19612
-₽19134
-₽17048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
2 173
health
-
-
-
1 412
income
-
-
-
-
total
-
-
-
3 585
Employee
27 071
-
3 828
-
income
3 048
-
-
-
pensions
541
-
217
-
unemployment
433
-
174
-
total
4 022
-
391
-
Employer
27 071
-
3 828
-
unemployment
217
-
87
-
health
3 519
-
1 412
-
pensions
5 415
-
2 173
-
total
9 151
-
3 672
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends
-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 173
1 499
4 063
3 585
After tax
-5 673
6 001
3 437
3 915
Living cost
23 049
23 049
23 049
23 049
Free-cash
-28 722
-17 048
-19 612
-19 134

Estimated living cost  is ₽23049 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
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.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31529
-₽16650
-₽19809
-₽20003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
173
other
-
-
-
347
total
-
-
-
6 698
Employee
32 422
-
6 230
-
income
4 448
-
855
-
pensions
3 651
-
701
-
health
3 712
-
713
-
total
11 811
-
2 269
-
Employer
32 422
-
6 230
-
accident
541
-
104
-
unemployment
794
-
153
-
pensions
5 272
-
1 013
-
total
6 607
-
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
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 418
6 892
3 539
6 698
After tax
-10 918
608
3 961
802
Living cost
20 611
20 611
20 611
20 611
Free-cash
-31 529
-20 003
-16 650
-19 809

Estimated living cost  is ₽20611 per week

₽15106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
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.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3000
-₽2400
-₽975
-₽1275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 500
-
7 500
-
income
2 100
-
1 500
-
total
2 100
-
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
2 100
375
1 500
75
After tax
5 400
7 125
6 000
7 425
Living cost
8 400
8 400
8 400
8 400
Free-cash
-3 000
-1 275
-2 400
-975

Estimated living cost  is ₽8400 per week

₽5206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35880
-₽21156
-₽22133
-₽19917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 486
health
-
-
-
456
income
-
-
-
771
other
-
-
-
493
total
-
-
-
4 206
Employee
34 648
-
5 818
-
income
5 965
-
1 001
-
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.

2 425
-
407
-
unemployment
346
-
58
-
health
485
-
81
-
total
9 221
-
1 547
-
Employer
34 648
-
5 818
-
accident
277
-
47
-
unemployment
346
-
58
-
health
485
-
81
-
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.

5 891
-
989
-
other
1 733
-
507
-
total
8 732
-
1 682
-
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
17 953
1 990
3 229
4 206
After tax
-10 453
5 510
4 271
3 294
Living cost
25 427
25 427
25 427
25 427
Free-cash
-35 880
-19 917
-21 156
-22 133

Estimated living cost  is ₽25427 per week

₽17966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽96556
-₽58793
-₽58679
-₽59061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 499
total
-
-
-
1 499
Employee
91 513
-
7 359
-
income
16 496
-
1 472
-
pensions
8 829
-
-
-
health
1 508
-
-
-
total
26 833
-
1 472
-
Employer
91 513
-
7 359
-
health
1 738
-
141
-
pensions
10 805
-
-
-
total
12 543
-
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.

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
39 376
1 881
1 613
1 499
After tax
-31 876
5 619
5 887
6 001
Living cost
64 680
64 680
64 680
64 680
Free-cash
-96 556
-59 061
-58 793
-58 679

Estimated living cost  is ₽64680 per week

₽48466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12948
-₽8224
-₽8538
-₽6497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
30
pensions

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

-
-
-
1 110
health
-
-
-
863
income
-
-
-
1 125
total
-
-
-
3 128
Employee
17 095
-
6 240
-
income
1 709
-
624
-
pensions

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

1 501
-
564
-
accident

We are using the highest rate at 1.1%.

188
-
71
-
health
786
-
295
-
total
4 184
-
1 554
-
Employer
17 095
-
6 240
-
accident

We are using the highest rate at 1.1%.

188
-
71
-
unemployment
102
-
38
-
health
1 180
-
443
-
pensions

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

1 884
-
708
-
total
3 354
-
1 260
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
337
-
-
total
-
337
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 538
1 087
2 814
3 128
After tax
-38
6 413
4 686
4 372
Living cost
12 910
12 910
12 910
12 910
Free-cash
-12 948
-6 497
-8 224
-8 538

Estimated living cost  is ₽12910 per week

₽7537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽342
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽96461
-₽100200
-₽48591
-₽94843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 349
health
-
-
-
1 152
income
-
-
-
675
total
-
-
-
3 176
Employee
88 472
81 490
81 490
-
income

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

13 339
13 339
13 339
-
pensions
11 180
11 180
14 668
-
health
11 037
10 639
12 508
-
total
35 556
35 158
40 515
-
Employer
88 472
81 490
81 490
-
unemployment
3 185
2 934
2 934
-
health
6 148
5 664
5 664
-
pensions
6 157
5 672
5 672
-
total
15 490
14 270
14 270
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
51 046
49 428
54 785
3 176
After tax
-43 546
-41 928
-47 285
4 324
Living cost
52 915
52 915
52 915
52 915
Free-cash
-96 461
-94 843
-100 200
-48 591

Estimated living cost  is ₽52915 per week

₽39034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4726
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.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38976
-₽19780
-₽19932
-₽18421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 012
solidarity contribution
-
-
-
-
income
-
-
-
645
social contributions
-
-
-
2 190
total
-
-
-
3 847
Employee
34 684
-
5 597
-
solidarity contribution
-
-
-
-
income
4 162
-
672
-
social contributions
2 254
-
364
-
health
4 682
-
756
-
total
11 098
-
1 792
-
Employer
34 684
-
5 597
-
social contributions
8 671
-
1 399
-
health
3 122
-
504
-
total
11 793
-
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
22 891
2 336
3 695
3 847
After tax
-15 391
5 164
3 805
3 653
Living cost
23 585
23 585
23 585
23 585
Free-cash
-38 976
-18 421
-19 780
-19 932

Estimated living cost  is ₽23585 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽77307
-₽42461
-₽40188
-₽36264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
24
regional
-
-
-
2
municipal
-
-
-
-
social contributions
-
-
-
7 396
total
-
-
-
7 422
Employee
84 808
-
7 500
-
regional
800
-
-
-
national
14 695
-
-
-
social contributions
28 597
-
9 695
-
municipal
449
-
-
-
total
44 541
-
9 695
-
Employer
84 808
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 800
-
-
municipal
-
293
-
-
total
-
2 093
-
-
Dividends
-
5 407
-
-
withholding
-
1 405
-
-
total
-
1 405
-
-
Income
7 500
7 500
7 500
7 500
Total tax
44 541
3 498
9 695
7 422
After tax
-37 041
4 002
-2 195
78
Living cost
40 266
40 266
40 266
40 266
Free-cash
-77 307
-36 264
-42 461
-40 188

Estimated living cost  is ₽40266 per week

₽28069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30700
-₽18848
-₽17993
-₽16340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
217
surtax
-
-
-
-
pensions
-
-
-
2 548
health
-
-
-
905
income
-
-
-
766
other
-
-
-
-
total
-
-
-
4 436
Employee
31 557
-
4 820
-
other
-
-
-
-
income
5 290
-
552
-
pensions
2 104
-
849
-
surtax
103
-
-
-
unemployment
2 197
-
886
-
health
806
-
324
-
total
10 500
-
2 611
-
Employer
31 557
-
4 820
-
unemployment
1 000
-
404
-
health
1 436
-
579
-
pensions
4 207
-
1 697
-
other
-
-
-
-
total
6 643
-
2 680
-
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
17 143
2 783
5 291
4 436
After tax
-9 643
4 717
2 209
3 064
Living cost
21 057
21 057
21 057
21 057
Free-cash
-30 700
-16 340
-18 848
-17 993

Estimated living cost  is ₽21057 per week

₽12875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61634
-₽38301
-₽38187
-₽38569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 499
total
-
-
-
1 499
Employee
61 330
-
7 359
-
income
11 046
-
1 472
-
pensions
5 206
-
-
-
health
890
-
-
-
total
17 142
-
1 472
-
Employer
61 330
-
7 359
-
health
1 165
-
141
-
pensions
6 639
-
-
-
total
7 804
-
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.

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 946
1 881
1 613
1 499
After tax
-17 446
5 619
5 887
6 001
Living cost
44 188
44 188
44 188
44 188
Free-cash
-61 634
-38 569
-38 301
-38 187

Estimated living cost  is ₽44188 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽89394
-₽72148
-₽69258
-₽72165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
pensions
-
-
-
689
health
-
-
-
247
regional
-
-
-
-
city
-
-
-
76
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.

-
-
-
150
total
-
-
-
1 162
Employee
88 467
-
5 382
-
pensions
7 432
-
1 940
-
regional
2 897
-
-
-
national
419
-
-
-
unemployment
-
-
-
-
health
200
-
12
-
city
949
-
41
-
total
11 897
-
1 993
-
Employer
88 467
-
5 382
-
unemployment
-
-
-
-
health
200
-
12
-
pensions
7 432
-
1 940
-
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.

1 769
-
107
-
total
9 401
-
2 059
-
Corporate
-
7 500
-
-
national
-
637
-
-
regional
-
1 586
-
-
total
-
2 223
-
-
Dividends
-
5 277
-
-
withholding
-
1 846
-
-
total
-
1 846
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 298
4 069
4 052
1 162
After tax
-13 798
3 431
3 448
6 338
Living cost
75 596
75 596
75 596
75 596
Free-cash
-89 394
-72 165
-72 148
-69 258

Estimated living cost  is ₽75596 per week

₽49159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49849
-₽42734
-₽42734
-₽39746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
-
health

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

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

-
-
-
6 519
income

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 519
Employee

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

57 349
-
7 500
-
income

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

6 744
-
-
-
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.

371
-
-
-
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.

6 519
-
6 519
-
total
13 634
-
6 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
62
-
-
chamber of commerce
-
156
-
-
income
-
1 125
-
-
trade
-
1 286
-
-
total
-
2 629
-
-
Dividends
-
4 872
-
-
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.

-
47
-
-
withholding
-
855
-
-
total
-
902
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 634
3 531
6 519
6 519
After tax
-6 134
3 969
981
981
Living cost
43 715
43 715
43 715
43 715
Free-cash
-49 849
-39 746
-42 734
-42 734

Estimated living cost  is ₽43715 per week

₽31928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46093
-₽27742
-₽29479
-₽28870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
3 631
health
-
-
-
254
income
-
-
-
-
social contributions
-
-
-
214
other
-
-
-
232
total
-
-
-
4 331
Employee
40 841
-
5 714
-
income
2 410
-
-
-
pensions
4 618
-
646
-
surtax
-
-
-
-
social contributions
1 164
-
163
-
total
8 192
-
809
-
Employer
40 841
-
5 714
-
unemployment
1 653
-
232
-
social contributions
123
-
16
-
health
2 859
-
400
-
pensions
6 709
-
940
-
other
1 409
-
197
-
total
12 753
-
1 785
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 101
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
withholding
-
692
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 945
3 722
2 594
4 331
After tax
-13 445
3 778
4 906
3 169
Living cost
32 648
32 648
32 648
32 648
Free-cash
-46 093
-28 870
-27 742
-29 479

Estimated living cost  is ₽32648 per week

₽20586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40342
-₽24508
-₽26245
-₽25636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
3 631
health
-
-
-
254
income
-
-
-
-
social contributions
-
-
-
214
other
-
-
-
232
total
-
-
-
4 331
Employee
36 456
-
5 714
-
income
1 880
-
-
-
pensions
4 123
-
646
-
surtax
-
-
-
-
social contributions
1 039
-
163
-
total
7 042
-
809
-
Employer
36 456
-
5 714
-
unemployment
1 476
-
232
-
social contributions
109
-
16
-
health
2 552
-
400
-
pensions
5 990
-
940
-
other
1 259
-
197
-
total
11 386
-
1 785
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 101
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
withholding
-
692
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 428
3 722
2 594
4 331
After tax
-10 928
3 778
4 906
3 169
Living cost
29 414
29 414
29 414
29 414
Free-cash
-40 342
-25 636
-24 508
-26 245

Estimated living cost  is ₽29414 per week

₽17058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27361
-₽15437
-₽16366
-₽16684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
842
income
-
-
-
1 125
social contributions
-
-
-
1 664
total
-
-
-
3 631
Employee
32 355
-
7 500
-
income
5 396
-
196
-
social contributions
4 466
-
1 664
-
health
2 258
-
842
-
total
12 120
-
2 702
-
Employer
32 355
-
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
1 664
1 664
-
-
withholding
-
1 068
-
-
health
842
842
-
-
total
2 506
3 574
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 626
3 949
2 702
3 631
After tax
-7 126
3 551
4 798
3 869
Living cost
20 235
20 235
20 235
20 235
Free-cash
-27 361
-16 684
-15 437
-16 366

Estimated living cost  is ₽20235 per week

₽13542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55005
-₽38141
-₽34684
-₽47852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 853
surtax
-
-
-
188
pensions
-
-
-
1 760
health
-
-
-
728
income
-
-
-
-
chamber of commerce
-
-
-
31
total
-
-
-
8 560
Employee
47 689
38 028
38 028
-
other
476
380
96
-
income
5 429
2 805
4 467
-
pensions
4 884
3 893
974
-
unemployment
1 431
1 141
286
-
health
1 845
1 472
368
-
total
14 065
9 691
6 191
-
Employer
47 689
38 028
38 028
-
chamber of commerce
190
152
152
-
surtax
188
188
188
-
accident
619
494
34
-
payroll
1 431
1 141
1 141
-
unemployment
1 431
1 141
286
-
health
1 802
1 438
360
-
pensions
5 985
4 773
1 195
-
other
2 265
1 805
1 565
-
total
13 911
11 132
4 921
-
Corporate
3 622
3 622
3 622
-
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.

905
905
905
-
total
905
905
905
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 881
21 728
12 017
8 560
After tax
-21 381
-14 228
-4 517
-1 060
Living cost
33 624
33 624
33 624
33 624
Free-cash
-55 005
-47 852
-38 141
-34 684

Estimated living cost  is ₽33624 per week

₽22426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽80627
-₽31308
-₽33090
-₽30266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
618
communal

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

-
-
-
148
social contributions
-
-
-
5 031
total
-
-
-
5 797
Employee

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

68 259
-
5 809
-
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.

5 119
-
436
-
communal

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

3 560
-
302
-
national
20 985
-
1 262
-
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.

594
-
51
-
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.

3 207
-
273
-
total
33 465
-
2 324
-
Employer

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

68 259
-
5 809
-
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.

887
-
76
-
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.

996
-
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.

4 198
-
357
-
pensions

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

6 048
-
514
-
surtax
7 740
-
659
-
total
19 869
-
1 691
-
Corporate
-
7 500
-
-
surtax
-
31
-
-
income
-
1 499
-
-
total
-
1 530
-
-
Dividends
-
5 970
-
-
withholding

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

-
1 443
-
-
total
-
1 443
-
-
Income
7 500
7 500
7 500
7 500
Total tax
53 334
2 973
4 015
5 797
After tax
-45 834
4 527
3 485
1 703
Living cost
34 793
34 793
34 793
34 793
Free-cash
-80 627
-30 266
-31 308
-33 090

Estimated living cost  is ₽34793 per week

₽22411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3042
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽55141
-₽39146
-₽33372
-₽29298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
143
accident
-
-
-
185
pensions
-
-
-
5 807
income
-
-
-
255
other
-
-
-
20
total
-
-
-
6 410
Employee
47 501
-
-
-
other
47
-
33
-
income
10 022
-
-
-
pensions
2 233
-
1 498
-
unemployment
737
-
494
-
total
13 039
-
2 025
-
Employer
47 501
-
-
-
accident
940
-
630
-
unemployment
2 613
-
1 753
-
pensions
11 209
-
7 521
-
other
378
-
255
-
total
15 140
-
10 159
-
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
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 179
2 336
12 184
6 410
After tax
-20 679
5 164
-4 684
1 090
Living cost
34 462
34 462
34 462
34 462
Free-cash
-55 141
-29 298
-39 146
-33 372

Estimated living cost  is ₽34462 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽73397
-₽55439
-₽55436
-₽46727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
409
surtax
-
-
-
-
pensions
-
-
-
7 265
communal
-
-
-
-
health
-
-
-
3 404
income
-
-
-
-
total
-
-
-
11 078
Employee
72 265
-
2 073
-
income
6 980
-
-
-
pensions
5 780
-
3 633
-
surtax
4 429
-
-
-
health
3 216
-
2 021
-
total
20 405
-
5 654
-
Employer
72 265
-
2 073
-
accident
650
-
409
-
health
2 204
-
1 385
-
pensions
5 780
-
3 633
-
total
8 634
-
5 427
-
Corporate
-
7 500
-
-
surtax
-
78
-
-
communal
-
-
-
-
income
-
1 125
-
-
total
-
1 203
-
-
Dividends
-
6 298
-
-
income
-
221
-
-
withholding
-
945
-
-
total
-
1 166
-
-
Income
7 500
7 500
7 500
7 500
Total tax
29 039
2 369
11 081
11 078
After tax
-21 539
5 131
-3 581
-3 578
Living cost
51 858
51 858
51 858
51 858
Free-cash
-73 397
-46 727
-55 439
-55 436

Estimated living cost  is ₽51858 per week

₽38901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31401
-₽19225
-₽18370
-₽16717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
217
surtax
-
-
-
-
pensions
-
-
-
2 548
health
-
-
-
905
income
-
-
-
766
other
-
-
-
-
total
-
-
-
4 436
Employee
32 136
-
4 820
-
other
-
-
-
-
income
5 387
-
552
-
pensions
2 144
-
849
-
surtax
114
-
-
-
unemployment
2 236
-
886
-
health
820
-
324
-
total
10 701
-
2 611
-
Employer
32 136
-
4 820
-
unemployment
1 020
-
404
-
health
1 461
-
579
-
pensions
4 285
-
1 697
-
other
-
-
-
-
total
6 766
-
2 680
-
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
17 467
2 783
5 291
4 436
After tax
-9 967
4 717
2 209
3 064
Living cost
21 434
21 434
21 434
21 434
Free-cash
-31 401
-16 717
-19 225
-18 370

Estimated living cost  is ₽21434 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45436
-₽27901
-₽25628
-₽21764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
24
regional
-
-
-
2
municipal
-
-
-
-
social contributions
-
-
-
7 396
total
-
-
-
7 422
Employee
52 934
-
7 500
-
regional
713
-
-
-
national
8 386
-
-
-
social contributions
17 850
-
9 695
-
municipal
281
-
-
-
total
27 230
-
9 695
-
Employer
52 934
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 800
-
-
municipal
-
373
-
-
total
-
2 173
-
-
Dividends
-
5 327
-
-
withholding
-
1 385
-
-
total
-
1 385
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 230
3 558
9 695
7 422
After tax
-19 730
3 942
-2 195
78
Living cost
25 706
25 706
25 706
25 706
Free-cash
-45 436
-21 764
-27 901
-25 628

Estimated living cost  is ₽25706 per week

₽15986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49772
-₽25258
-₽25410
-₽23899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 012
solidarity contribution
-
-
-
-
income
-
-
-
645
social contributions
-
-
-
2 190
total
-
-
-
3 847
Employee
42 740
-
5 597
-
solidarity contribution
-
-
-
-
income
5 129
-
672
-
social contributions
2 778
-
364
-
health
5 770
-
756
-
total
13 677
-
1 792
-
Employer
42 740
-
5 597
-
social contributions
10 685
-
1 399
-
health
3 847
-
504
-
total
14 532
-
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
28 209
2 336
3 695
3 847
After tax
-20 709
5 164
3 805
3 653
Living cost
29 063
29 063
29 063
29 063
Free-cash
-49 772
-23 899
-25 258
-25 410

Estimated living cost  is ₽29063 per week

₽21613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47121
-₽34775
-₽31316
-₽44484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 853
surtax
-
-
-
-
pensions
-
-
-
1 760
health
-
-
-
728
income
-
-
-
-
chamber of commerce
-
-
-
31
total
-
-
-
8 372
Employee
41 713
38 028
38 028
-
other
417
380
96
-
income
3 716
2 805
4 467
-
pensions
4 272
3 893
974
-
unemployment
1 251
1 141
286
-
health
1 613
1 472
368
-
total
11 269
9 691
6 191
-
Employer
41 713
38 028
38 028
-
chamber of commerce
167
152
152
-
surtax
-
-
-
-
accident
541
494
36
-
payroll
1 251
1 141
1 141
-
unemployment
1 251
1 141
286
-
health
1 577
1 438
360
-
pensions
5 235
4 773
1 195
-
other
1 981
1 805
1 565
-
total
12 003
10 944
4 735
-
Corporate
3 622
3 622
3 622
-
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.

905
905
905
-
total
905
905
905
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 177
21 540
11 831
8 372
After tax
-16 677
-14 040
-4 331
-872
Living cost
30 444
30 444
30 444
30 444
Free-cash
-47 121
-44 484
-34 775
-31 316

Estimated living cost  is ₽30444 per week

₽18263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3109
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.
₽8529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8863
-₽7090
-₽5665
-₽5965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 363
-
7 500
-
income
3 273
-
1 500
-
total
3 273
-
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
3 273
375
1 500
75
After tax
4 227
7 125
6 000
7 425
Living cost
13 090
13 090
13 090
13 090
Free-cash
-8 863
-5 965
-7 090
-5 665

Estimated living cost  is ₽13090 per week

₽8858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41267
-₽21349
-₽21074
-₽20431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
11
pensions
-
-
-
1 369
health
-
-
-
737
income
-
-
-
862
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.

42 197
-
6 490
-
income
7 277
-
809
-
pensions
6 541
-
1 005
-
unemployment
60
-
9
-
health
2 725
-
420
-
total
16 603
-
2 243
-
Employer

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

42 197
-
6 490
-
unemployment
25
-
4
-
health
2 810
-
433
-
pensions
3 734
-
574
-
total
6 569
-
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
23 172
2 336
3 254
2 979
After tax
-15 672
5 164
4 246
4 521
Living cost
25 595
25 595
25 595
25 595
Free-cash
-41 267
-20 431
-21 349
-21 074

Estimated living cost  is ₽25595 per week

₽17566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽147027
-₽50852
-₽39681
-₽40155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 421
social contributions
-
-
-
1 042
total
-
-
-
2 463
Employee
64 119
-
-
-
income
14 143
-
-
-
social contributions
5 258
-
749
-
total
19 401
-
749
-
Employer
64 119
-
-
-
social contributions
90 408
-
12 885
-
total
90 408
-
12 885
-
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
109 809
2 937
13 634
2 463
After tax
-102 309
4 563
-6 134
5 037
Living cost
44 718
44 718
44 718
44 718
Free-cash
-147 027
-40 155
-50 852
-39 681

Estimated living cost  is ₽44718 per week

₽29015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46812
-₽25320
-₽25476
-₽25666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
438
social contributions

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

-
-
-
2 606
total
-
-
-
3 044
Employee
43 888
-
6 060
-
income
9 129
-
782
-
surtax
-
-
-
-
social contributions
4 828
-
666
-
total
13 957
-
1 448
-
Employer
43 888
-
6 060
-
social contributions
10 423
-
1 440
-
total
10 423
-
1 440
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 380
3 234
2 888
3 044
After tax
-16 880
4 266
4 612
4 456
Living cost
29 932
29 932
29 932
29 932
Free-cash
-46 812
-25 666
-25 320
-25 476

Estimated living cost  is ₽29932 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70932
-₽41183
-₽42920
-₽42311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
3 631
health
-
-
-
254
income
-
-
-
-
social contributions
-
-
-
214
other
-
-
-
232
total
-
-
-
4 331
Employee
59 767
-
5 714
-
income
5 215
-
-
-
pensions
6 760
-
646
-
surtax
-
-
-
-
social contributions
1 702
-
163
-
total
13 677
-
809
-
Employer
59 767
-
5 714
-
unemployment
2 421
-
232
-
social contributions
179
-
16
-
health
4 183
-
400
-
pensions
9 820
-
940
-
other
2 063
-
197
-
total
18 666
-
1 785
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 101
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
withholding
-
692
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
32 343
3 722
2 594
4 331
After tax
-24 843
3 778
4 906
3 169
Living cost
46 089
46 089
46 089
46 089
Free-cash
-70 932
-42 311
-41 183
-42 920

Estimated living cost  is ₽46089 per week

₽31192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27934
-₽22614
-₽22835
-₽21935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 650
total
-
-
-
1 650
Employee
30 678
-
6 493
-
income
-
-
-
-
social contributions
1 994
-
422
-
total
1 994
-
422
-
Employer
30 678
-
6 493
-
social contributions
4 755
-
1 007
-
total
4 755
-
1 007
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 749
750
1 429
1 650
After tax
751
6 750
6 071
5 850
Living cost
28 685
28 685
28 685
28 685
Free-cash
-27 934
-21 935
-22 614
-22 835

Estimated living cost  is ₽28685 per week

₽18547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽199907
-₽199907
-₽39705
-₽199907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
pensions
-
-
-
825
municipal
-
-
-
-
labour market
-
-
-
534
total
-
-
-
1 359
Employee
193 506
193 506
193 506
-
labour market
15 458
15 458
15 458
-
pensions
275
275
275
-
national
23 640
23 640
23 640
-
municipal
41 206
41 206
41 206
-
total
80 579
80 579
80 579
-
Employer
193 506
193 506
193 506
-
labour market
15 480
15 480
15 480
-
national
23 681
23 681
23 681
-
municipal
41 271
41 271
41 271
-
pensions
550
550
550
-
total
80 982
80 982
80 982
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
161 561
161 561
161 561
1 359
After tax
-154 061
-154 061
-154 061
6 141
Living cost
45 846
45 846
45 846
45 846
Free-cash
-199 907
-199 907
-199 907
-39 705

Estimated living cost  is ₽45846 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30954
-₽16346
-₽19505
-₽19699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
173
other
-
-
-
347
total
-
-
-
6 698
Employee
31 944
-
6 230
-
income
4 382
-
855
-
pensions
3 597
-
701
-
health
3 658
-
713
-
total
11 637
-
2 269
-
Employer
31 944
-
6 230
-
accident
533
-
104
-
unemployment
783
-
153
-
pensions
5 194
-
1 013
-
total
6 510
-
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
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 147
6 892
3 539
6 698
After tax
-10 647
608
3 961
802
Living cost
20 307
20 307
20 307
20 307
Free-cash
-30 954
-19 699
-16 346
-19 505

Estimated living cost  is ₽20307 per week

₽14781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52177
-₽31887
-₽30485
-₽31444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
-
health
-
-
-
-
municipal
-
-
-
1 349
total
-
-
-
1 349
Employee
50 205
-
6 308
-
pensions
3 388
-
426
-
national
829
-
-
-
unemployment
753
-
94
-
municipal
8 223
-
1 041
-
health
375
-
-
-
total
13 568
-
1 561
-
Employer
50 205
-
6 308
-
accident
51
-
5
-
unemployment
326
-
42
-
health
386
-
49
-
pensions
8 710
-
1 094
-
total
9 473
-
1 190
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends

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

-
4 500
-
-
national
-
-
-
-
municipal
-
809
-
-
total
-
809
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 041
2 308
2 751
1 349
After tax
-15 541
5 192
4 749
6 151
Living cost
36 636
36 636
36 636
36 636
Free-cash
-52 177
-31 444
-31 887
-30 485

Estimated living cost  is ₽36636 per week

₽23931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29319
-₽27830
-₽21178
-₽36173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
36 276
health
-
-
-
925
income
-
-
-
-
social contributions
-
-
-
5 659
total
-
-
-
6 584
Employee
73 378
73 378
73 378
-
income
7 990
6 793
8 250
-
social contributions
2 774
6 090
2 054
-
health
569
1 248
420
-
total
11 333
14 131
10 724
-
Employer
73 378
73 378
73 378
-
social contributions
2 774
6 090
2 054
-
health
618
1 358
458
-
total
3 392
7 448
2 512
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 725
21 579
13 236
6 584
After tax
-7 225
-14 079
-5 736
916
Living cost
22 094
22 094
22 094
22 094
Free-cash
-29 319
-36 173
-27 830
-21 178

Estimated living cost  is ₽22094 per week

₽13241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
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.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16660
-₽13513
-₽17201
-₽8940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
pensions
-
-
-
6 070
health
-
-
-
3 453
income
-
-
-
-
total
-
-
-
9 550
Employee

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

21 903
-
5 787
-
income
1 498
-
161
-
pensions
3 285
-
2 494
-
unemployment
109
-
83
-
health
1 862
-
1 412
-
total
6 754
-
4 150
-
Employer

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

21 903
-
5 787
-
unemployment
109
-
83
-
health
942
-
715
-
pensions
1 204
-
914
-
total
2 255
-
1 712
-
Corporate
-
7 500
-
-
income
-
675
-
-
total
-
675
-
-
Dividends
-
6 825
-
-
withholding
-
614
-
-
total
-
614
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 009
1 289
5 862
9 550
After tax
-1 509
6 211
1 638
-2 050
Living cost
15 151
15 151
15 151
15 151
Free-cash
-16 660
-8 940
-13 513
-17 201

Estimated living cost  is ₽15151 per week

₽9666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39032
-₽30925
-₽25151
-₽21077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
143
accident
-
-
-
185
pensions
-
-
-
5 807
income
-
-
-
255
other
-
-
-
20
total
-
-
-
6 410
Employee
35 284
-
-
-
other
34
-
33
-
income
6 803
-
-
-
pensions
1 659
-
1 498
-
unemployment
547
-
494
-
total
9 043
-
2 025
-
Employer
35 284
-
-
-
accident
699
-
630
-
unemployment
1 941
-
1 753
-
pensions
8 326
-
7 521
-
other
282
-
255
-
total
11 248
-
10 159
-
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
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 291
2 336
12 184
6 410
After tax
-12 791
5 164
-4 684
1 090
Living cost
26 241
26 241
26 241
26 241
Free-cash
-39 032
-21 077
-30 925
-25 151

Estimated living cost  is ₽26241 per week

₽17712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2770
₽2156
₽2273
₽3040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 196
health
-
-
-
867
income
-
-
-
1 525
total
-
-
-
3 588
Employee
2 497
-
6 155
-
income
483
-
1 462
-
pensions
225
-
538
-
unemployment
25
-
60
-
health
125
-
299
-
total
858
-
2 359
-
Employer
2 497
-
6 155
-
unemployment
50
-
120
-
health
237
-
568
-
pensions
275
-
658
-
total
562
-
1 346
-
Corporate
4 441
7 500
-
-
income
977
1 650
-
-
total
977
1 650
-
-
Dividends
3 464
5 850
-
-
withholding
693
1 170
-
-
total
693
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 090
2 820
3 705
3 588
After tax
4 410
4 680
3 795
3 912
Living cost
1 640
1 640
1 640
1 640
Free-cash
2 770
3 040
2 156
2 273

Estimated living cost  is ₽1640 per week

₽974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21712
-₽11564
-₽11950
-₽11012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
113
pensions
-
-
-
1 950
health
-
-
-
772
income
-
-
-
184
total
-
-
-
3 019
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.

24 776
-
6 361
-
income
3 415
-
227
-
pensions
3 469
-
891
-
unemployment
186
-
48
-
health
1 276
-
328
-
total
8 346
-
1 494
-
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.

24 776
-
6 361
-
unemployment
186
-
48
-
health
1 276
-
328
-
pensions
2 973
-
763
-
total
4 435
-
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
12 781
2 081
2 633
3 019
After tax
-5 281
5 419
4 867
4 481
Living cost
16 431
16 431
16 431
16 431
Free-cash
-21 712
-11 012
-11 564
-11 950

Estimated living cost  is ₽16431 per week

₽11063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38332
-₽21114
-₽21270
-₽21460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
438
social contributions

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

-
-
-
2 606
total
-
-
-
3 044
Employee
37 037
-
6 060
-
income
7 237
-
782
-
surtax
-
-
-
-
social contributions
4 074
-
666
-
total
11 311
-
1 448
-
Employer
37 037
-
6 060
-
social contributions
8 795
-
1 440
-
total
8 795
-
1 440
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 106
3 234
2 888
3 044
After tax
-12 606
4 266
4 612
4 456
Living cost
25 726
25 726
25 726
25 726
Free-cash
-38 332
-21 460
-21 114
-21 270

Estimated living cost  is ₽25726 per week

₽18221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53280
-₽38221
-₽32447
-₽28373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
143
accident
-
-
-
185
pensions
-
-
-
5 807
income
-
-
-
255
other
-
-
-
20
total
-
-
-
6 410
Employee
46 086
-
-
-
other
45
-
33
-
income
9 626
-
-
-
pensions
2 166
-
1 498
-
unemployment
713
-
494
-
total
12 550
-
2 025
-
Employer
46 086
-
-
-
accident
913
-
630
-
unemployment
2 535
-
1 753
-
pensions
10 876
-
7 521
-
other
369
-
255
-
total
14 693
-
10 159
-
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
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 243
2 336
12 184
6 410
After tax
-19 743
5 164
-4 684
1 090
Living cost
33 537
33 537
33 537
33 537
Free-cash
-53 280
-28 373
-38 221
-32 447

Estimated living cost  is ₽33537 per week

₽24085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19329
-₽12252
-₽12566
-₽10525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
30
pensions

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

-
-
-
1 110
health
-
-
-
863
income
-
-
-
1 125
total
-
-
-
3 128
Employee
22 429
-
6 240
-
income
2 243
-
624
-
pensions

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

1 969
-
564
-
accident

We are using the highest rate at 1.1%.

246
-
71
-
health
1 032
-
295
-
total
5 490
-
1 554
-
Employer
22 429
-
6 240
-
accident

We are using the highest rate at 1.1%.

246
-
71
-
unemployment
135
-
38
-
health
1 548
-
443
-
pensions

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

2 472
-
708
-
total
4 401
-
1 260
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
337
-
-
total
-
337
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 891
1 087
2 814
3 128
After tax
-2 391
6 413
4 686
4 372
Living cost
16 938
16 938
16 938
16 938
Free-cash
-19 329
-10 525
-12 252
-12 566

Estimated living cost  is ₽16938 per week

₽11203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39979
-₽35860
-₽35860
-₽32718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax

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

-
-
-
-
health

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

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

-
-
-
6 519
income

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

-
-
-
-
trade
-
-
-
-
total
-
-
-
6 519
Employee

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

47 480
-
7 500
-
income

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

3 904
-
-
-
surtax

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

215
-
-
-
health

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

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

6 519
-
6 519
-
total
10 638
-
6 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
62
-
-
chamber of commerce
-
156
-
-
income
-
1 125
-
-
trade
-
1 076
-
-
total
-
2 419
-
-
Dividends
-
5 082
-
-
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.

-
51
-
-
withholding
-
907
-
-
total
-
958
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 638
3 377
6 519
6 519
After tax
-3 138
4 123
981
981
Living cost
36 841
36 841
36 841
36 841
Free-cash
-39 979
-32 718
-35 860
-35 860

Estimated living cost  is ₽36841 per week

₽25414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3964
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.
₽6928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽67145
-₽46859
-₽46859
-₽49110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
74 644
-
7 500
-
income
14 085
-
-
-
social contributions
6 201
-
-
-
total
20 286
-
-
-
Employer
74 644
-
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
20 286
2 251
-
-
After tax
-12 786
5 249
7 500
7 500
Living cost
54 359
54 359
54 359
54 359
Free-cash
-67 145
-49 110
-46 859
-46 859

Estimated living cost  is ₽54359 per week

₽41355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4429
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43511
-₽30458
-₽60353
-₽32615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 050
income
-
-
-
27 163
total
-
-
-
33 213
Employee
43 776
-
5 841
-
income
4 750
-
-
-
social contributions
4 386
-
1 659
-
total
9 136
-
1 659
-
Employer
43 776
-
5 841
-
social contributions
4 386
-
1 659
-
total
4 386
-
1 659
-
Corporate
-
7 500
-
-
income
-
2 626
-
-
total
-
2 626
-
-
Dividends
-
4 874
-
-
social contributions
2 849
2 849
-
-
total
2 849
2 849
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 371
5 475
3 318
33 213
After tax
-8 871
2 025
4 182
-25 713
Living cost
34 640
34 640
34 640
34 640
Free-cash
-43 511
-32 615
-30 458
-60 353

Estimated living cost  is ₽34640 per week

₽22817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47729
-₽30036
-₽29922
-₽30304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
-
income
-
-
-
1 499
total
-
-
-
1 499
Employee
49 310
-
7 359
-
income
8 980
-
1 472
-
pensions
3 764
-
-
-
health
643
-
-
-
total
13 387
-
1 472
-
Employer
49 310
-
7 359
-
health
937
-
141
-
pensions
4 982
-
-
-
total
5 919
-
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.

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 306
1 881
1 613
1 499
After tax
-11 806
5 619
5 887
6 001
Living cost
35 923
35 923
35 923
35 923
Free-cash
-47 729
-30 304
-30 036
-29 922

Estimated living cost  is ₽35923 per week

₽24643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34759
-₽18356
-₽21515
-₽21709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
237
pensions
-
-
-
3 898
health
-
-
-
2 043
income
-
-
-
173
other
-
-
-
347
total
-
-
-
6 698
Employee
35 106
-
6 230
-
income
4 816
-
855
-
pensions
3 953
-
701
-
health
4 019
-
713
-
total
12 788
-
2 269
-
Employer
35 106
-
6 230
-
accident
586
-
104
-
unemployment
860
-
153
-
pensions
5 708
-
1 013
-
total
7 154
-
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
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 942
6 892
3 539
6 698
After tax
-12 442
608
3 961
802
Living cost
22 317
22 317
22 317
22 317
Free-cash
-34 759
-21 709
-18 356
-21 515

Estimated living cost  is ₽22317 per week

₽16378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13070
-₽8169
-₽8169
-₽6481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
90
pensions
-
-
-
1 380
income
-
-
-
750
health insurance
-
-
-
555
work injury
-
-
-
38
total
-
-
-
2 813
Employee

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

20 570
-
7 500
-
income
2 057
-
750
-
pensions
3 785
-
1 380
-
health insurance
1 522
-
555
-
unemployment
247
-
90
-
work injury
103
-
38
-
total
7 714
-
2 813
-
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
7 714
1 125
2 813
2 813
After tax
-214
6 375
4 687
4 687
Living cost
12 856
12 856
12 856
12 856
Free-cash
-13 070
-6 481
-8 169
-8 169

Estimated living cost  is ₽12856 per week

₽7965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72912
-₽40210
-₽37939
-₽34064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
24
regional
-
-
-
2
municipal
-
-
-
2
social contributions
-
-
-
7 396
total
-
-
-
7 424
Employee
80 412
-
7 500
-
regional
1 214
-
-
-
national
13 589
-
-
-
social contributions
27 114
-
9 695
-
municipal
480
-
-
-
total
42 397
-
9 695
-
Employer
80 412
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 800
-
-
municipal
-
362
-
-
total
-
2 162
-
-
Dividends
-
5 338
-
-
withholding
-
1 387
-
-
total
-
1 387
-
-
Income
7 500
7 500
7 500
7 500
Total tax
42 397
3 549
9 695
7 424
After tax
-34 897
3 951
-2 195
76
Living cost
38 015
38 015
38 015
38 015
Free-cash
-72 912
-34 064
-40 210
-37 939

Estimated living cost  is ₽38015 per week

₽26703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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