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
-₽28689
-₽27622
-₽24613
-₽27622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
health

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

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

-
-
-
6 464
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 464
Employee

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

36 189
-
7 500
-
health

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

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

6 464
-
6 464
-
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.

1 011
-
-
-
surtax

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

56
-
-
-
total
7 531
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 126
-
-
chamber of commerce
-
154
-
-
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.

-
61
-
-
trade
-
1 181
-
-
total
-
2 522
-
-
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.

-
48
-
-
withholding
-
885
-
-
total
-
933
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 531
3 455
6 464
6 464
After tax
-31
4 045
1 036
1 036
Living cost
28 658
28 658
28 658
28 658
Free-cash
-28 689
-24 613
-27 622
-27 622

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽75034
-₽42160
-₽44132
-₽42293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
81
municipal
-
-
-
-
pensions
-
-
-
900
national
-
-
-
-
total
-
-
-
981
Employee
75 668
-
6 484
-
pensions
3 027
-
259
-
municipal
9 346
-
-
-
national
14 483
-
-
-
total
26 856
-
259
-
Employer
75 668
-
6 484
-
pensions
6 053
-
519
-
social contributions
813
-
70
-
total
6 866
-
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
33 722
2 820
848
981
After tax
-26 222
4 680
6 652
6 519
Living cost
48 812
48 812
48 812
48 812
Free-cash
-75 034
-44 132
-42 160
-42 293

Estimated living cost  is ₽48812 per week

₽33177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26807
-₽16285
-₽13683
-₽16289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
7 500
social contributions

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

-
-
-
2 979
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
1 126
total
-
-
-
4 105
Employee
27 647
-
5 268
-
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.

3 042
-
1 020
-
income
4 921
-
849
-
surtax
-
-
-
-
total
7 963
-
1 869
-
Employer
27 647
-
5 268
-
surtax
-
-
-
-
social contributions

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

6 660
-
2 232
-
total
6 660
-
2 232
-
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
14 623
1 499
4 101
4 105
After tax
-7 123
6 001
3 399
3 395
Living cost
19 684
19 684
19 684
19 684
Free-cash
-26 807
-13 683
-16 285
-16 289

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86456
-₽86456
-₽81144
-₽35312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
1 151
income
-
-
-
675
pensions
-
-
-
1 350
total
-
-
-
3 176
Employee
80 798
80 798
80 798
-
pensions
14 544
11 085
14 544
-
health
12 402
10 549
12 402
-
income

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

13 225
13 225
13 225
-
total
40 171
34 859
40 171
-
Employer
80 798
80 798
80 798
-
pensions
5 624
5 624
5 624
-
health
5 616
5 616
5 616
-
unemployment
2 909
2 909
2 909
-
total
14 149
14 149
14 149
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
54 320
49 008
54 320
3 176
After tax
-46 820
-41 508
-46 820
4 324
Living cost
39 636
39 636
39 636
39 636
Free-cash
-86 456
-81 144
-86 456
-35 312

Estimated living cost  is ₽39636 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽64911
-₽34663
-₽34573
-₽34930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15
health
-
-
-
468
municipal
-
-
-
1 589
pensions
-
-
-
811
other
-
-
-
871
unemployment
-
-
-
8
national
-
-
-
-
total
-
-
-
3 762
Employee
55 099
-
5 707
-
municipal
16 430
-
1 702
-
national
-
-
-
-
total
16 430
-
1 702
-
Employer
55 099
-
5 707
-
pensions
5 956
-
617
-
other
6 403
-
663
-
health
3 389
-
351
-
unemployment
1 455
-
151
-
accident
110
-
11
-
total
17 313
-
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
33 743
3 405
3 495
3 762
After tax
-26 243
4 095
4 005
3 738
Living cost
38 668
38 668
38 668
38 668
Free-cash
-64 911
-34 573
-34 663
-34 930

Estimated living cost  is ₽38668 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽40481
-₽36133
-₽33165
-₽36133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
health

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

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

-
-
-
6 464
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 464
Employee

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

47 982
-
7 500
-
health

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

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

6 464
-
6 464
-
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.

4 122
-
-
-
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.

226
-
-
-
total
10 812
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 126
-
-
chamber of commerce
-
154
-
-
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.

-
61
-
-
trade
-
1 234
-
-
total
-
2 575
-
-
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.

-
48
-
-
withholding
-
873
-
-
total
-
921
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 812
3 496
6 464
6 464
After tax
-3 312
4 004
1 036
1 036
Living cost
37 169
37 169
37 169
37 169
Free-cash
-40 481
-33 165
-36 133
-36 133

Estimated living cost  is ₽37169 per week

₽24859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7836
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39411
-₽36312
-₽44584
-₽29718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 969
social contributions
-
-
-
5 611
health
-
-
-
918
income
-
-
-
-
total
-
-
-
6 529
Employee
72 755
72 755
72 755
-
health
724
1 237
417
-
social contributions
3 535
6 038
2 036
-
income
7 640
6 735
8 180
-
total
11 899
14 010
10 633
-
Employer
72 755
72 755
72 755
-
health
788
1 347
454
-
social contributions
3 535
6 038
2 036
-
total
4 323
7 385
2 490
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 222
21 395
13 123
6 529
After tax
-8 722
-13 895
-5 623
971
Living cost
30 689
30 689
30 689
30 689
Free-cash
-39 411
-44 584
-36 312
-29 718

Estimated living cost  is ₽30689 per week

₽20979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22669
-₽14217
-₽15035
-₽12322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
538
income
-
-
-
912
pensions
-
-
-
768
unemployment
-
-
-
115
total
-
-
-
2 333
Employee

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

The minimum wage is 138,000 HUF per month.

25 246
10 048
10 048
-
unemployment
379
151
116
-
pensions
2 525
1 005
772
-
health
1 767
703
541
-
income
3 086
1 228
1 293
-
total
7 757
3 087
2 722
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 246
10 048
10 048
-
pensions
4 923
1 959
1 506
-
total
4 923
1 959
1 506
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 680
5 046
4 228
2 333
After tax
-5 180
2 454
3 272
5 167
Living cost
17 489
17 489
17 489
17 489
Free-cash
-22 669
-15 035
-14 217
-12 322

Estimated living cost  is ₽17489 per week

₽11935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28414
-₽19381
-₽16852
-₽18908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 400
income
-
-
-
-
pensions
-
-
-
2 155
total
-
-
-
3 555
Employee
26 841
-
3 859
-
unemployment
429
-
172
-
pensions
537
-
215
-
income
3 022
-
-
-
total
3 988
-
387
-
Employer
26 841
-
3 859
-
pensions
5 369
-
2 155
-
health
3 489
-
1 400
-
unemployment
215
-
86
-
total
9 073
-
3 641
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends
-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 061
1 499
4 028
3 555
After tax
-5 561
6 001
3 472
3 945
Living cost
22 853
22 853
22 853
22 853
Free-cash
-28 414
-16 852
-19 381
-18 908

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
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.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32346
-₽17082
-₽20434
-₽20353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
149
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
6 811
Employee
33 100
-
6 230
-
pensions
3 727
-
702
-
health
3 790
-
713
-
income
4 541
-
855
-
total
12 058
-
2 270
-
Employer
33 100
-
6 230
-
pensions
5 382
-
1 013
-
unemployment
811
-
153
-
accident
553
-
104
-
total
6 746
-
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
18 804
6 892
3 540
6 811
After tax
-11 304
608
3 960
689
Living cost
21 042
21 042
21 042
21 042
Free-cash
-32 346
-20 434
-17 082
-20 353

Estimated living cost  is ₽21042 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2276
-₽1821
-₽696
-₽396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
9 776
-
7 500
-
income
1 955
-
1 500
-
total
1 955
-
1 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
1 955
375
1 500
75
After tax
5 545
7 125
6 000
7 425
Living cost
7 821
7 821
7 821
7 821
Free-cash
-2 276
-696
-1 821
-396

Estimated living cost  is ₽7821 per week

₽4847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35511
-₽20936
-₽19701
-₽21893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
452
income
-
-
-
777
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.

-
-
-
2 465
other
-
-
-
488
total
-
-
-
4 182
Employee
34 354
-
5 823
-
unemployment
343
-
57
-
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.

2 404
-
408
-
health
481
-
81
-
income
5 914
-
1 002
-
total
9 142
-
1 548
-
Employer
34 354
-
5 823
-
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.

5 841
-
989
-
other
1 718
-
503
-
health
481
-
81
-
unemployment
343
-
57
-
accident
275
-
47
-
total
8 658
-
1 677
-
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
17 800
1 990
3 225
4 182
After tax
-10 300
5 510
4 275
3 318
Living cost
25 211
25 211
25 211
25 211
Free-cash
-35 511
-19 701
-20 936
-21 893

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽92090
-₽56018
-₽56287
-₽55905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
87 586
-
7 359
-
pensions
8 450
-
-
-
health
1 443
-
-
-
income
15 788
-
1 472
-
total
25 681
-
1 472
-
Employer
87 586
-
7 359
-
pensions
10 341
-
-
-
health
1 663
-
141
-
total
12 004
-
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
-
457
-
-
total
-
457
-
-
Income
7 500
7 500
7 500
7 500
Total tax
37 685
1 882
1 613
1 500
After tax
-30 185
5 618
5 887
6 000
Living cost
61 905
61 905
61 905
61 905
Free-cash
-92 090
-56 287
-56 018
-55 905

Estimated living cost  is ₽61905 per week

₽46387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽12149
-₽7671
-₽5993
-₽8033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
1 110
unemployment
-
-
-
30
total
-
-
-
3 128
Employee
16 426
-
6 270
-
accident

We are using the highest rate at 1.1%.

181
-
69
-
pensions

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

1 442
-
551
-
health
756
-
289
-
income
1 642
-
627
-
total
4 021
-
1 536
-
Employer
16 426
-
6 270
-
pensions

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

1 810
-
691
-
health
1 134
-
432
-
unemployment
98
-
38
-
accident

We are using the highest rate at 1.1%.

181
-
69
-
total
3 223
-
1 230
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 244
1 088
2 766
3 128
After tax
256
6 412
4 734
4 372
Living cost
12 405
12 405
12 405
12 405
Free-cash
-12 149
-5 993
-7 671
-8 033

Estimated living cost  is ₽12405 per week

₽7242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽95579
-₽99286
-₽93974
-₽48142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
health
-
-
-
1 151
income
-
-
-
675
pensions
-
-
-
1 350
total
-
-
-
3 176
Employee
87 721
80 798
80 798
-
pensions
11 085
11 085
14 544
-
health
10 944
10 549
12 402
-
income

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

13 225
13 225
13 225
-
total
35 254
34 859
40 171
-
Employer
87 721
80 798
80 798
-
pensions
6 105
5 624
5 624
-
health
6 096
5 616
5 616
-
unemployment
3 158
2 909
2 909
-
total
15 359
14 149
14 149
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
50 613
49 008
54 320
3 176
After tax
-43 113
-41 508
-46 820
4 324
Living cost
52 466
52 466
52 466
52 466
Free-cash
-95 579
-93 974
-99 286
-48 142

Estimated living cost  is ₽52466 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38744
-₽19662
-₽18303
-₽19815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
2 190
health
-
-
-
1 013
income
-
-
-
645
solidarity contribution
-
-
-
-
total
-
-
-
3 848
Employee
34 511
-
5 597
-
solidarity contribution
-
-
-
-
health
4 659
-
756
-
social contributions
2 243
-
364
-
income
4 141
-
672
-
total
11 043
-
1 792
-
Employer
34 511
-
5 597
-
health
3 106
-
504
-
social contributions
8 628
-
1 399
-
total
11 734
-
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
22 777
2 336
3 695
3 848
After tax
-15 277
5 164
3 805
3 652
Living cost
23 467
23 467
23 467
23 467
Free-cash
-38 744
-18 303
-19 662
-19 815

Estimated living cost  is ₽23467 per week

₽16301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
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.
₽5036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽76588
-₽42037
-₽35924
-₽39799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 333
municipal
-
-
-
2
regional
-
-
-
2
national
-
-
-
38
total
-
-
-
7 375
Employee
84 089
-
7 500
-
regional
793
-
-
-
municipal
445
-
-
-
national
14 571
-
-
-
social contributions
28 355
-
9 613
-
total
44 164
-
9 613
-
Employer
84 089
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
293
-
-
nationa
-
1 801
-
-
total
-
2 094
-
-
Dividends
-
5 406
-
-
withholding
-
1 406
-
-
total
-
1 406
-
-
Income
7 500
7 500
7 500
7 500
Total tax
44 164
3 500
9 613
7 375
After tax
-36 664
4 000
-2 113
125
Living cost
39 924
39 924
39 924
39 924
Free-cash
-76 588
-35 924
-42 037
-39 799

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30374
-₽18636
-₽16161
-₽17789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
income
-
-
-
772
surtax
-
-
-
-
pensions
-
-
-
2 526
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
4 411
Employee
31 289
-
4 843
-
unemployment
2 178
-
878
-
pensions
2 086
-
842
-
health
799
-
321
-
income
5 245
-
560
-
other
-
-
-
-
surtax
102
-
-
-
total
10 410
-
2 601
-
Employer
31 289
-
4 843
-
pensions
4 171
-
1 682
-
other
-
-
-
-
health
1 424
-
575
-
unemployment
991
-
400
-
total
6 586
-
2 657
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
833
-
-
total
-
833
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 996
2 783
5 258
4 411
After tax
-9 496
4 717
2 242
3 089
Living cost
20 878
20 878
20 878
20 878
Free-cash
-30 374
-16 161
-18 636
-17 789

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58667
-₽36405
-₽36674
-₽36292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
58 698
-
7 359
-
pensions
4 982
-
-
-
health
852
-
-
-
income
10 572
-
1 472
-
total
16 406
-
1 472
-
Employer
58 698
-
7 359
-
pensions
6 354
-
-
-
health
1 115
-
141
-
total
7 469
-
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
-
457
-
-
total
-
457
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 875
1 882
1 613
1 500
After tax
-16 375
5 618
5 887
6 000
Living cost
42 292
42 292
42 292
42 292
Free-cash
-58 667
-36 674
-36 405
-36 292

Estimated living cost  is ₽42292 per week

₽31685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽88716
-₽71598
-₽71638
-₽68726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
pensions
-
-
-
688
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
regional
-
-
-
-
city
-
-
-
77
national
-
-
-
-
total
-
-
-
1 160
Employee
87 847
-
5 391
-
unemployment
-
-
-
-
pensions
7 380
-
1 930
-
regional
2 877
-
-
-
national
416
-
-
-
health
199
-
12
-
city
943
-
40
-
total
11 815
-
1 982
-
Employer
87 847
-
5 391
-
pensions
7 380
-
1 930
-
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.

1 756
-
108
-
health
199
-
12
-
unemployment
-
-
-
-
total
9 335
-
2 050
-
Corporate
-
7 500
-
-
regional
-
1 587
-
-
national
-
638
-
-
total
-
2 225
-
-
Dividends
-
5 275
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 150
4 072
4 032
1 160
After tax
-13 650
3 428
3 468
6 340
Living cost
75 066
75 066
75 066
75 066
Free-cash
-88 716
-71 638
-71 598
-68 726

Estimated living cost  is ₽75066 per week

₽48815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18593
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49362
-₽42308
-₽39376
-₽42308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
health

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

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

-
-
-
6 464
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 464
Employee

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

56 862
-
7 500
-
health

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

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

6 464
-
6 464
-
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.

6 686
-
-
-
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.

368
-
-
-
total
13 518
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 126
-
-
chamber of commerce
-
154
-
-
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.

-
61
-
-
trade
-
1 286
-
-
total
-
2 627
-
-
Dividends
-
4 873
-
-
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
-
858
-
-
total
-
905
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 518
3 532
6 464
6 464
After tax
-6 018
3 968
1 036
1 036
Living cost
43 344
43 344
43 344
43 344
Free-cash
-49 362
-39 376
-42 308
-42 308

Estimated living cost  is ₽43344 per week

₽31657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45640
-₽27465
-₽28593
-₽29172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
214
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 604
other
-
-
-
232
total
-
-
-
4 301
Employee
40 494
-
5 715
-
pensions
4 579
-
646
-
social contributions
1 155
-
163
-
income
2 390
-
-
-
surtax
-
-
-
-
total
8 124
-
809
-
Employer
40 494
-
5 715
-
pensions
6 652
-
937
-
other
1 397
-
198
-
health
2 835
-
400
-
unemployment
1 639
-
232
-
social contributions
122
-
18
-
total
12 645
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
930
-
-
withholding
-
691
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 769
3 722
2 594
4 301
After tax
-13 269
3 778
4 906
3 199
Living cost
32 371
32 371
32 371
32 371
Free-cash
-45 640
-28 593
-27 465
-29 172

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39936
-₽24258
-₽25386
-₽25965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
214
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 604
other
-
-
-
232
total
-
-
-
4 301
Employee
36 147
-
5 715
-
pensions
4 088
-
646
-
social contributions
1 031
-
163
-
income
1 864
-
-
-
surtax
-
-
-
-
total
6 983
-
809
-
Employer
36 147
-
5 715
-
pensions
5 940
-
937
-
other
1 248
-
198
-
health
2 530
-
400
-
unemployment
1 463
-
232
-
social contributions
108
-
18
-
total
11 289
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
930
-
-
withholding
-
691
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 272
3 722
2 594
4 301
After tax
-10 772
3 778
4 906
3 199
Living cost
29 164
29 164
29 164
29 164
Free-cash
-39 936
-25 386
-24 258
-25 965

Estimated living cost  is ₽29164 per week

₽16914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27066
-₽15254
-₽16491
-₽16174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
1 650
health
-
-
-
835
income
-
-
-
1 126
total
-
-
-
3 611
Employee
32 080
-
7 500
-
health
2 239
-
835
-
social contributions
4 428
-
1 650
-
income
5 351
-
206
-
total
12 018
-
2 691
-
Employer
32 080
-
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
-
-
health
835
835
-
-
social contributions
1 650
1 650
-
-
withholding
-
1 068
-
-
total
2 485
3 553
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 503
3 928
2 691
3 611
After tax
-7 003
3 572
4 809
3 889
Living cost
20 063
20 063
20 063
20 063
Free-cash
-27 066
-16 491
-15 254
-16 174

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54475
-₽37756
-₽47385
-₽34327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
722
surtax
-
-
-
187
income
-
-
-
-
chamber of commerce
-
-
-
31
pensions
-
-
-
1 745
unemployment
-
-
-
5 803
total
-
-
-
8 488
Employee
47 285
37 706
37 706
-
unemployment
1 418
1 131
284
-
pensions
4 842
3 860
966
-
health
1 830
1 460
364
-
income
5 383
2 781
4 430
-
other
472
377
95
-
total
13 945
9 609
6 139
-
Employer
47 285
37 706
37 706
-
chamber of commerce
189
151
151
-
pensions
5 934
4 733
1 185
-
other
2 246
1 790
1 551
-
health
1 787
1 426
357
-
unemployment
1 418
1 131
284
-
accident
614
490
34
-
surtax
187
187
187
-
payroll
1 418
1 131
1 131
-
total
13 793
11 039
4 880
-
Corporate
3 591
3 591
3 591
-
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.

898
898
898
-
total
898
898
898
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 636
21 546
11 917
8 488
After tax
-21 136
-14 046
-4 417
-988
Living cost
33 339
33 339
33 339
33 339
Free-cash
-54 475
-47 385
-37 756
-34 327

Estimated living cost  is ₽33339 per week

₽22236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽79881
-₽31010
-₽29975
-₽32765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
4 988
communal

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

-
-
-
151
national
-
-
-
628
total
-
-
-
5 767
Employee

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

67 679
-
5 810
-
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.

589
-
50
-
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.

5 076
-
436
-
national
20 807
-
1 262
-
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.

3 180
-
273
-
communal

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

3 530
-
303
-
total
33 182
-
2 324
-
Employer

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

67 679
-
5 810
-
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.

5 997
-
515
-
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.

4 162
-
357
-
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.

988
-
84
-
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.

880
-
75
-
surtax
7 674
-
657
-
total
19 701
-
1 688
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
surtax
-
31
-
-
total
-
1 530
-
-
Dividends
-
5 970
-
-
withholding

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

-
1 447
-
-
total
-
1 447
-
-
Income
7 500
7 500
7 500
7 500
Total tax
52 883
2 977
4 012
5 767
After tax
-45 383
4 523
3 488
1 733
Living cost
34 498
34 498
34 498
34 498
Free-cash
-79 881
-29 975
-31 010
-32 765

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
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.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54611
-₽38750
-₽29008
-₽33039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
income
-
-
-
266
pensions
-
-
-
5 758
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 369
Employee
47 097
-
-
-
unemployment
731
-
490
-
pensions
2 214
-
1 485
-
income
9 937
-
-
-
other
47
-
32
-
total
12 929
-
2 007
-
Employer
47 097
-
-
-
pensions
11 114
-
7 457
-
other
375
-
253
-
unemployment
2 591
-
1 738
-
accident
932
-
625
-
total
15 012
-
10 073
-
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.

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 941
2 338
12 080
6 369
After tax
-20 441
5 162
-4 580
1 131
Living cost
34 170
34 170
34 170
34 170
Free-cash
-54 611
-29 008
-38 750
-33 039

Estimated living cost  is ₽34170 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72712
-₽54906
-₽46288
-₽54904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
406
health
-
-
-
3 376
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
7 204
communal
-
-
-
-
total
-
-
-
10 986
Employee
71 652
-
2 119
-
pensions
5 731
-
3 602
-
health
3 189
-
2 004
-
income
6 921
-
-
-
surtax
4 392
-
-
-
total
20 233
-
5 606
-
Employer
71 652
-
2 119
-
pensions
5 731
-
3 602
-
health
2 185
-
1 374
-
accident
645
-
406
-
total
8 561
-
5 382
-
Corporate
-
7 500
-
-
income
-
1 126
-
-
communal
-
-
-
-
surtax
-
79
-
-
total
-
1 205
-
-
Dividends
-
6 295
-
-
income
-
221
-
-
withholding
-
944
-
-
total
-
1 165
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 794
2 370
10 988
10 986
After tax
-21 294
5 130
-3 488
-3 486
Living cost
51 418
51 418
51 418
51 418
Free-cash
-72 712
-46 288
-54 906
-54 904

Estimated living cost  is ₽51418 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31071
-₽19010
-₽16535
-₽18163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
income
-
-
-
772
surtax
-
-
-
-
pensions
-
-
-
2 526
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
4 411
Employee
31 863
-
4 843
-
unemployment
2 217
-
878
-
pensions
2 126
-
842
-
health
813
-
321
-
income
5 342
-
560
-
other
-
-
-
-
surtax
113
-
-
-
total
10 611
-
2 601
-
Employer
31 863
-
4 843
-
pensions
4 248
-
1 682
-
other
-
-
-
-
health
1 449
-
575
-
unemployment
1 011
-
400
-
total
6 708
-
2 657
-
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
17 319
2 783
5 258
4 411
After tax
-9 819
4 717
2 242
3 089
Living cost
21 252
21 252
21 252
21 252
Free-cash
-31 071
-16 535
-19 010
-18 163

Estimated living cost  is ₽21252 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44985
-₽27600
-₽21545
-₽25364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 333
municipal
-
-
-
2
regional
-
-
-
4
national
-
-
-
38
total
-
-
-
7 377
Employee
52 485
-
7 500
-
regional
707
-
-
-
municipal
278
-
-
-
national
8 315
-
-
-
social contributions
17 698
-
9 613
-
total
26 998
-
9 613
-
Employer
52 485
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
373
-
-
nationa
-
1 801
-
-
total
-
2 174
-
-
Dividends
-
5 326
-
-
withholding
-
1 384
-
-
total
-
1 384
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 998
3 558
9 613
7 377
After tax
-19 498
3 942
-2 113
123
Living cost
25 487
25 487
25 487
25 487
Free-cash
-44 985
-21 545
-27 600
-25 364

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49485
-₽25113
-₽23754
-₽25266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
2 190
health
-
-
-
1 013
income
-
-
-
645
solidarity contribution
-
-
-
-
total
-
-
-
3 848
Employee
42 527
-
5 597
-
solidarity contribution
-
-
-
-
health
5 741
-
756
-
social contributions
2 764
-
364
-
income
5 103
-
672
-
total
13 608
-
1 792
-
Employer
42 527
-
5 597
-
health
3 827
-
504
-
social contributions
10 632
-
1 399
-
total
14 459
-
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
28 067
2 336
3 695
3 848
After tax
-20 567
5 164
3 805
3 652
Living cost
28 918
28 918
28 918
28 918
Free-cash
-49 485
-23 754
-25 113
-25 266

Estimated living cost  is ₽28918 per week

₽21505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
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.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽46661
-₽34418
-₽44045
-₽30987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
722
surtax
-
-
-
-
income
-
-
-
-
chamber of commerce
-
-
-
31
pensions
-
-
-
1 745
unemployment
-
-
-
5 803
total
-
-
-
8 301
Employee
41 359
37 706
37 706
-
unemployment
1 241
1 131
284
-
pensions
4 236
3 860
966
-
health
1 600
1 460
364
-
income
3 684
2 781
4 430
-
other
413
377
95
-
total
11 174
9 609
6 139
-
Employer
41 359
37 706
37 706
-
chamber of commerce
165
151
151
-
pensions
5 191
4 733
1 185
-
other
1 964
1 790
1 551
-
health
1 564
1 426
357
-
unemployment
1 241
1 131
284
-
accident
537
490
36
-
surtax
-
-
-
-
payroll
1 241
1 131
1 131
-
total
11 903
10 852
4 695
-
Corporate
3 591
3 591
3 591
-
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.

898
898
898
-
total
898
898
898
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 975
21 359
11 732
8 301
After tax
-16 475
-13 859
-4 232
-801
Living cost
30 186
30 186
30 186
30 186
Free-cash
-46 661
-44 045
-34 418
-30 987

Estimated living cost  is ₽30186 per week

₽18108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7735
-₽6188
-₽5063
-₽4763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
15 235
-
7 500
-
income
3 047
-
1 500
-
total
3 047
-
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
3 047
375
1 500
75
After tax
4 453
7 125
6 000
7 425
Living cost
12 188
12 188
12 188
12 188
Free-cash
-7 735
-5 063
-6 188
-4 763

Estimated living cost  is ₽12188 per week

₽8248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40853
-₽21132
-₽20214
-₽20859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
7 500
health
-
-
-
738
income
-
-
-
862
pensions
-
-
-
1 370
unemployment
-
-
-
11
total
-
-
-
2 981
Employee

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

41 839
-
6 489
-
unemployment
59
-
9
-
pensions
6 485
-
1 005
-
health
2 702
-
420
-
income
7 215
-
808
-
total
16 461
-
2 242
-
Employer

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

41 839
-
6 489
-
pensions
3 702
-
575
-
health
2 787
-
433
-
unemployment
25
-
4
-
total
6 514
-
1 012
-
Corporate
-
7 500
-
-
income
-
1 426
-
-
total
-
1 426
-
-
Dividends
-
6 074
-
-
withholding
-
910
-
-
total
-
910
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 975
2 336
3 254
2 981
After tax
-15 475
5 164
4 246
4 519
Living cost
25 378
25 378
25 378
25 378
Free-cash
-40 853
-20 214
-21 132
-20 859

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽133751
-₽45839
-₽36313
-₽35769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
952
income
-
-
-
1 441
total
-
-
-
2 393
Employee
58 610
-
-
-
social contributions
4 806
-
685
-
income
12 928
-
-
-
total
17 734
-
685
-
Employer
58 610
-
-
-
social contributions
82 641
-
11 778
-
total
82 641
-
11 778
-
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
100 375
2 937
12 463
2 393
After tax
-92 875
4 563
-4 963
5 107
Living cost
40 876
40 876
40 876
40 876
Free-cash
-133 751
-36 313
-45 839
-35 769

Estimated living cost  is ₽40876 per week

₽26522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46351
-₽25067
-₽25412
-₽25223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
7 500
social contributions

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

-
-
-
2 607
income
-
-
-
438
surtax
-
-
-
-
total
-
-
-
3 045
Employee
43 516
-
6 060
-
social contributions
4 787
-
666
-
income
9 051
-
783
-
surtax
-
-
-
-
total
13 838
-
1 449
-
Employer
43 516
-
6 060
-
social contributions
10 335
-
1 440
-
total
10 335
-
1 440
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
surtax
-
-
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 173
3 234
2 889
3 045
After tax
-16 673
4 266
4 611
4 455
Living cost
29 678
29 678
29 678
29 678
Free-cash
-46 351
-25 412
-25 067
-25 223

Estimated living cost  is ₽29678 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
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.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽70269
-₽40792
-₽41920
-₽42499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
214
health
-
-
-
251
income
-
-
-
-
surtax
-
-
-
-
pensions
-
-
-
3 604
other
-
-
-
232
total
-
-
-
4 301
Employee
59 260
-
5 715
-
pensions
6 703
-
646
-
social contributions
1 688
-
163
-
income
5 171
-
-
-
surtax
-
-
-
-
total
13 562
-
809
-
Employer
59 260
-
5 715
-
pensions
9 737
-
937
-
other
2 045
-
198
-
health
4 148
-
400
-
unemployment
2 401
-
232
-
social contributions
178
-
18
-
total
18 509
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
surtax
-
-
-
-
social contributions
-
930
-
-
withholding
-
691
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
32 071
3 722
2 594
4 301
After tax
-24 571
3 778
4 906
3 199
Living cost
45 698
45 698
45 698
45 698
Free-cash
-70 269
-41 920
-40 792
-42 499

Estimated living cost  is ₽45698 per week

₽30928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27633
-₽22370
-₽21692
-₽22591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
1 650
income
-
-
-
-
total
-
-
-
1 650
Employee
30 418
-
6 495
-
social contributions
1 977
-
424
-
income
-
-
-
-
total
1 977
-
424
-
Employer
30 418
-
6 495
-
social contributions
4 715
-
1 005
-
total
4 715
-
1 005
-
Corporate
-
7 500
-
-
income
-
751
-
-
total
-
751
-
-
Dividends
-
6 749
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 692
751
1 429
1 650
After tax
808
6 749
6 071
5 850
Living cost
28 441
28 441
28 441
28 441
Free-cash
-27 633
-21 692
-22 370
-22 591

Estimated living cost  is ₽28441 per week

₽18390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽198520
-₽198520
-₽198520
-₽39393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
-
pensions
-
-
-
820
labour market
-
-
-
534
national
-
-
-
-
total
-
-
-
1 354
Employee
192 210
192 210
192 210
-
pensions
273
273
273
-
municipal
40 930
40 930
40 930
-
national
23 482
23 482
23 482
-
labour market
15 355
15 355
15 355
-
total
80 040
80 040
80 040
-
Employer
192 210
192 210
192 210
-
municipal
40 995
40 995
40 995
-
pensions
546
546
546
-
national
23 523
23 523
23 523
-
labour market
15 377
15 377
15 377
-
total
80 441
80 441
80 441
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
160 481
160 481
160 481
1 354
After tax
-152 981
-152 981
-152 981
6 146
Living cost
45 539
45 539
45 539
45 539
Free-cash
-198 520
-198 520
-198 520
-39 393

Estimated living cost  is ₽45539 per week

₽31168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31758
-₽16771
-₽20123
-₽20042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
149
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
6 811
Employee
32 612
-
6 230
-
pensions
3 672
-
702
-
health
3 734
-
713
-
income
4 474
-
855
-
total
11 880
-
2 270
-
Employer
32 612
-
6 230
-
pensions
5 303
-
1 013
-
unemployment
799
-
153
-
accident
545
-
104
-
total
6 647
-
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
18 527
6 892
3 540
6 811
After tax
-11 027
608
3 960
689
Living cost
20 731
20 731
20 731
20 731
Free-cash
-31 758
-20 123
-16 771
-20 042

Estimated living cost  is ₽20731 per week

₽15090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51670
-₽31579
-₽31135
-₽30176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
7 500
health
-
-
-
-
municipal
-
-
-
1 350
national
-
-
-
-
total
-
-
-
1 350
Employee
49 779
-
6 308
-
unemployment
747
-
95
-
pensions
3 359
-
426
-
municipal
8 153
-
1 041
-
national
822
-
-
-
health
372
-
-
-
total
13 453
-
1 562
-
Employer
49 779
-
6 308
-
pensions
8 636
-
1 095
-
health
382
-
48
-
unemployment
323
-
41
-
accident
50
-
7
-
total
9 391
-
1 191
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends

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

-
4 501
-
-
national
-
-
-
-
municipal
-
810
-
-
total
-
810
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 844
2 309
2 753
1 350
After tax
-15 344
5 191
4 747
6 150
Living cost
36 326
36 326
36 326
36 326
Free-cash
-51 670
-31 135
-31 579
-30 176

Estimated living cost  is ₽36326 per week

₽23728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29006
-₽27529
-₽35801
-₽20935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 969
social contributions
-
-
-
5 611
health
-
-
-
918
income
-
-
-
-
total
-
-
-
6 529
Employee
72 755
72 755
72 755
-
health
564
1 237
417
-
social contributions
2 751
6 038
2 036
-
income
7 922
6 735
8 180
-
total
11 237
14 010
10 633
-
Employer
72 755
72 755
72 755
-
health
612
1 347
454
-
social contributions
2 751
6 038
2 036
-
total
3 363
7 385
2 490
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 600
21 395
13 123
6 529
After tax
-7 100
-13 895
-5 623
971
Living cost
21 906
21 906
21 906
21 906
Free-cash
-29 006
-35 801
-27 529
-20 935

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
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.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16454
-₽13343
-₽8811
-₽16992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
7 500
health
-
-
-
3 424
income
-
-
-
-
pensions
-
-
-
6 019
unemployment
-
-
-
27
total
-
-
-
9 470
Employee

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

21 718
-
5 801
-
unemployment
108
-
83
-
pensions
3 257
-
2 472
-
health
1 846
-
1 400
-
income
1 485
-
167
-
total
6 696
-
4 122
-
Employer

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

21 718
-
5 801
-
pensions
1 194
-
907
-
health
934
-
709
-
unemployment
108
-
83
-
total
2 236
-
1 699
-
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
8 932
1 289
5 821
9 470
After tax
-1 432
6 211
1 679
-1 970
Living cost
15 022
15 022
15 022
15 022
Free-cash
-16 454
-8 811
-13 343
-16 992

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38638
-₽30598
-₽20856
-₽24887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
income
-
-
-
266
pensions
-
-
-
5 758
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 369
Employee
34 985
-
-
-
unemployment
542
-
490
-
pensions
1 645
-
1 485
-
income
6 745
-
-
-
other
34
-
32
-
total
8 966
-
2 007
-
Employer
34 985
-
-
-
pensions
8 256
-
7 457
-
other
280
-
253
-
unemployment
1 925
-
1 738
-
accident
693
-
625
-
total
11 154
-
10 073
-
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.

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 120
2 338
12 080
6 369
After tax
-12 620
5 162
-4 580
1 131
Living cost
26 018
26 018
26 018
26 018
Free-cash
-38 638
-20 856
-30 598
-24 887

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
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.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2514
₽1953
₽2820
₽1922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
984
income
-
-
-
1 377
pensions
-
-
-
1 357
total
-
-
-
3 718
Employee
2 833
-
6 122
-
unemployment
28
-
61
-
pensions
255
-
551
-
health
142
-
306
-
income
548
-
1 392
-
total
973
-
2 310
-
Employer
2 833
-
6 122
-
pensions
312
-
673
-
health
269
-
582
-
unemployment
57
-
122
-
total
638
-
1 377
-
Corporate
4 029
7 500
-
-
income
886
1 650
-
-
total
886
1 650
-
-
Dividends
3 143
5 850
-
-
withholding
629
1 170
-
-
total
629
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 126
2 820
3 687
3 718
After tax
4 374
4 680
3 813
3 782
Living cost
1 860
1 860
1 860
1 860
Free-cash
2 514
2 820
1 953
1 922

Estimated living cost  is ₽1860 per week

₽1106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21581
-₽11492
-₽10939
-₽11878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
7 500
health
-
-
-
773
income
-
-
-
185
pensions
-
-
-
1 950
unemployment
-
-
-
112
total
-
-
-
3 020
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.

24 666
-
6 361
-
unemployment
185
-
48
-
pensions
3 453
-
891
-
health
1 270
-
328
-
income
3 400
-
228
-
total
8 308
-
1 495
-
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.

24 666
-
6 361
-
pensions
2 960
-
763
-
health
1 270
-
328
-
unemployment
185
-
48
-
total
4 415
-
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
12 723
2 081
2 634
3 020
After tax
-5 223
5 419
4 866
4 480
Living cost
16 358
16 358
16 358
16 358
Free-cash
-21 581
-10 939
-11 492
-11 878

Estimated living cost  is ₽16358 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
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.
₽3605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37944
-₽20897
-₽21242
-₽21053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
7 500
social contributions

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

-
-
-
2 607
income
-
-
-
438
surtax
-
-
-
-
total
-
-
-
3 045
Employee
36 722
-
6 060
-
social contributions
4 040
-
666
-
income
7 175
-
783
-
surtax
-
-
-
-
total
11 215
-
1 449
-
Employer
36 722
-
6 060
-
social contributions
8 721
-
1 440
-
total
8 721
-
1 440
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
surtax
-
-
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 936
3 234
2 889
3 045
After tax
-12 436
4 266
4 611
4 455
Living cost
25 508
25 508
25 508
25 508
Free-cash
-37 944
-21 242
-20 897
-21 053

Estimated living cost  is ₽25508 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52764
-₽37832
-₽28090
-₽32121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
183
income
-
-
-
266
pensions
-
-
-
5 758
other
-
-
-
20
unemployment
-
-
-
142
total
-
-
-
6 369
Employee
45 695
-
-
-
unemployment
707
-
490
-
pensions
2 147
-
1 485
-
income
9 544
-
-
-
other
45
-
32
-
total
12 443
-
2 007
-
Employer
45 695
-
-
-
pensions
10 784
-
7 457
-
other
366
-
253
-
unemployment
2 514
-
1 738
-
accident
905
-
625
-
total
14 569
-
10 073
-
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.

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 012
2 338
12 080
6 369
After tax
-19 512
5 162
-4 580
1 131
Living cost
33 252
33 252
33 252
33 252
Free-cash
-52 764
-28 090
-37 832
-32 121

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18280
-₽11542
-₽9864
-₽11904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
1 110
unemployment
-
-
-
30
total
-
-
-
3 128
Employee
21 552
-
6 270
-
accident

We are using the highest rate at 1.1%.

237
-
69
-
pensions

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

1 892
-
551
-
health
991
-
289
-
income
2 156
-
627
-
total
5 276
-
1 536
-
Employer
21 552
-
6 270
-
pensions

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

2 375
-
691
-
health
1 487
-
432
-
unemployment
129
-
38
-
accident

We are using the highest rate at 1.1%.

237
-
69
-
total
4 228
-
1 230
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 504
1 088
2 766
3 128
After tax
-2 004
6 412
4 734
4 372
Living cost
16 276
16 276
16 276
16 276
Free-cash
-18 280
-9 864
-11 542
-11 904

Estimated living cost  is ₽16276 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39578
-₽35493
-₽32408
-₽35493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
health

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

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

-
-
-
6 464
trade
-
-
-
-
income

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

-
-
-
-
surtax

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

-
-
-
-
total
-
-
-
6 464
Employee

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

47 077
-
7 500
-
health

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

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

6 464
-
6 464
-
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.

3 871
-
-
-
surtax

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

214
-
-
-
total
10 549
-
6 464
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 126
-
-
chamber of commerce
-
154
-
-
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.

-
61
-
-
trade
-
1 076
-
-
total
-
2 417
-
-
Dividends
-
5 083
-
-
surtax

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

-
50
-
-
withholding
-
912
-
-
total
-
962
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 549
3 379
6 464
6 464
After tax
-3 049
4 121
1 036
1 036
Living cost
36 529
36 529
36 529
36 529
Free-cash
-39 578
-32 408
-35 493
-35 493

Estimated living cost  is ₽36529 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽66511
-₽46397
-₽48647
-₽46397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Employee
74 011
-
7 500
-
social contributions
6 149
-
-
-
income
13 965
-
-
-
total
20 114
-
-
-
Employer
74 011
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
937
-
-
total
-
937
-
-
Dividends
-
6 563
-
-
withholding
-
1 313
-
-
total
-
1 313
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 114
2 250
-
-
After tax
-12 614
5 250
7 500
7 500
Living cost
53 897
53 897
53 897
53 897
Free-cash
-66 511
-48 647
-46 397
-46 397

Estimated living cost  is ₽53897 per week

₽41004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43078
-₽30136
-₽32295
-₽59661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
7 500
income
-
-
-
26 933
health

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

-
-
-
5 882
total
-
-
-
32 815
Employee
43 404
-
5 855
-
social contributions
4 349
-
1 645
-
income
4 710
-
-
-
total
9 059
-
1 645
-
Employer
43 404
-
5 855
-
social contributions
4 349
-
1 645
-
total
4 349
-
1 645
-
Corporate
-
7 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
4 875
-
-
social contributions
2 824
2 824
-
-
total
2 824
2 824
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 232
5 449
3 290
32 815
After tax
-8 732
2 051
4 210
-25 315
Living cost
34 346
34 346
34 346
34 346
Free-cash
-43 078
-32 295
-30 136
-59 661

Estimated living cost  is ₽34346 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
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.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45359
-₽28495
-₽28764
-₽28382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
1 500
pensions
-
-
-
-
total
-
-
-
1 500
Employee
47 194
-
7 359
-
pensions
3 602
-
-
-
health
616
-
-
-
income
8 594
-
1 472
-
total
12 812
-
1 472
-
Employer
47 194
-
7 359
-
pensions
4 768
-
-
-
health
897
-
141
-
total
5 665
-
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
-
457
-
-
total
-
457
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 477
1 882
1 613
1 500
After tax
-10 977
5 618
5 887
6 000
Living cost
34 382
34 382
34 382
34 382
Free-cash
-45 359
-28 764
-28 495
-28 382

Estimated living cost  is ₽34382 per week

₽23586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
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.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35643
-₽18824
-₽22176
-₽22095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
health
-
-
-
2 086
income
-
-
-
149
pensions
-
-
-
3 980
other
-
-
-
354
total
-
-
-
6 811
Employee
35 840
-
6 230
-
pensions
4 036
-
702
-
health
4 103
-
713
-
income
4 917
-
855
-
total
13 056
-
2 270
-
Employer
35 840
-
6 230
-
pensions
5 827
-
1 013
-
unemployment
878
-
153
-
accident
598
-
104
-
total
7 303
-
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
20 359
6 892
3 540
6 811
After tax
-12 859
608
3 960
689
Living cost
22 784
22 784
22 784
22 784
Free-cash
-35 643
-22 176
-18 824
-22 095

Estimated living cost  is ₽22784 per week

₽16721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12968
-₽8104
-₽6417
-₽8104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

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

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

20 467
-
7 500
-
unemployment
246
-
90
-
pensions
3 766
-
1 380
-
work injury
102
-
37
-
income
2 047
-
750
-
health insurance
1 515
-
555
-
total
7 676
-
2 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
1 125
-
-
total
-
1 125
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 676
1 125
2 812
2 812
After tax
-176
6 375
4 688
4 688
Living cost
12 792
12 792
12 792
12 792
Free-cash
-12 968
-6 417
-8 104
-8 104

Estimated living cost  is ₽12792 per week

₽7925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽72231
-₽39806
-₽33743
-₽37570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 333
municipal
-
-
-
2
regional
-
-
-
4
national
-
-
-
38
total
-
-
-
7 377
Employee
79 729
-
7 500
-
regional
1 204
-
-
-
municipal
476
-
-
-
national
13 474
-
-
-
social contributions
26 884
-
9 613
-
total
42 038
-
9 613
-
Employer
79 729
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
361
-
-
nationa
-
1 801
-
-
total
-
2 162
-
-
Dividends
-
5 338
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
7 500
7 500
7 500
7 500
Total tax
42 038
3 550
9 613
7 377
After tax
-34 538
3 950
-2 113
123
Living cost
37 693
37 693
37 693
37 693
Free-cash
-72 231
-33 743
-39 806
-37 570

Estimated living cost  is ₽37693 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
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.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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