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
-₽25639
-₽23012
-₽25639
-₽26646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
trade
-
-
-
-
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.

-
-
-
6 099
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
-
-
-
6 099
Employee

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

34 146
-
7 500
-
surtax

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

53
-
-
-
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.

6 099
-
6 099
-
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.

954
-
-
-
total
7 106
-
6 099
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 181
-
-
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.

-
63
-
-
chamber of commerce
-
146
-
-
total
-
2 515
-
-
Dividends
-
4 986
-
-
withholding
-
908
-
-
surtax

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

-
49
-
-
total
-
957
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 106
3 472
6 099
6 099
After tax
394
4 028
1 401
1 401
Living cost
27 040
27 040
27 040
27 040
Free-cash
-26 646
-23 012
-25 639
-25 639

Estimated living cost  is ₽27040 per week

₽17009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40337
-₽42309
-₽40470
-₽71952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
pensions
-
-
-
900
social contributions
-
-
-
81
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
981
Employee
72 841
-
6 484
-
municipal
8 997
-
-
-
pensions
2 914
-
259
-
national
13 942
-
-
-
total
25 853
-
259
-
Employer
72 841
-
6 484
-
social contributions
783
-
70
-
pensions
5 827
-
519
-
total
6 610
-
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
32 463
2 820
848
981
After tax
-24 963
4 680
6 652
6 519
Living cost
46 989
46 989
46 989
46 989
Free-cash
-71 952
-42 309
-40 337
-40 470

Estimated living cost  is ₽46989 per week

₽31938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15027
-₽12572
-₽15009
-₽24871
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 811
surtax
-
-
-
-
total
-
-
-
3 936
Employee
26 086
-
5 394
-
surtax
-
-
-
-
social contributions

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

2 870
-
962
-
income
4 644
-
886
-
total
7 514
-
1 848
-
Employer
26 086
-
5 394
-
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.

6 284
-
2 106
-
total
6 284
-
2 106
-
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
13 798
1 499
3 954
3 936
After tax
-6 298
6 001
3 546
3 564
Living cost
18 573
18 573
18 573
18 573
Free-cash
-24 871
-12 572
-15 027
-15 009

Estimated living cost  is ₽18573 per week

₽11849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽81151
-₽76140
-₽33071
-₽81151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
674
pensions
-
-
-
1 349
health
-
-
-
1 150
total
-
-
-
3 173
Employee
76 236
76 236
76 236
-
pensions
13 723
10 460
13 723
-
health
11 701
9 953
11 701
-
income

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

12 479
12 479
12 479
-
total
37 903
32 892
37 903
-
Employer
76 236
76 236
76 236
-
health
5 299
5 299
5 299
-
unemployment
2 745
2 745
2 745
-
pensions
5 306
5 306
5 306
-
total
13 350
13 350
13 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
51 253
46 242
51 253
3 173
After tax
-43 753
-38 742
-43 753
4 327
Living cost
37 398
37 398
37 398
37 398
Free-cash
-81 151
-76 140
-81 151
-33 071

Estimated living cost  is ₽37398 per week

₽26503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32345
-₽32255
-₽32612
-₽60570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
pensions
-
-
-
811
other
-
-
-
871
unemployment
-
-
-
8
accident
-
-
-
15
health
-
-
-
468
municipal
-
-
-
1 589
national
-
-
-
-
total
-
-
-
3 762
Employee
51 796
-
5 707
-
municipal
15 446
-
1 702
-
national
-
-
-
-
total
15 446
-
1 702
-
Employer
51 796
-
5 707
-
accident
104
-
11
-
other
6 019
-
663
-
health
3 185
-
351
-
unemployment
1 367
-
151
-
pensions
5 599
-
617
-
total
16 274
-
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
31 720
3 405
3 495
3 762
After tax
-24 220
4 095
4 005
3 738
Living cost
36 350
36 350
36 350
36 350
Free-cash
-60 570
-32 255
-32 345
-32 612

Estimated living cost  is ₽36350 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33670
-₽31082
-₽33670
-₽37773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
trade
-
-
-
-
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.

-
-
-
6 099
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
-
-
-
6 099
Employee

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

45 273
-
7 500
-
surtax

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

213
-
-
-
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.

6 099
-
6 099
-
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.

3 890
-
-
-
total
10 202
-
6 099
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 233
-
-
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.

-
63
-
-
chamber of commerce
-
146
-
-
total
-
2 567
-
-
Dividends
-
4 933
-
-
withholding
-
895
-
-
surtax

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

-
49
-
-
total
-
944
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 202
3 511
6 099
6 099
After tax
-2 702
3 989
1 401
1 401
Living cost
35 071
35 071
35 071
35 071
Free-cash
-37 773
-31 082
-33 670
-33 670

Estimated living cost  is ₽35071 per week

₽23455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33839
-₽41643
-₽27616
-₽36764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 938
income
-
-
-
-
social contributions
-
-
-
5 294
health
-
-
-
866
total
-
-
-
6 160
Employee
68 647
68 647
68 647
-
social contributions
3 336
5 697
1 921
-
health
683
1 167
393
-
income
7 209
6 355
7 719
-
total
11 228
13 219
10 033
-
Employer
68 647
68 647
68 647
-
health
744
1 271
429
-
social contributions
3 336
5 697
1 921
-
total
4 080
6 968
2 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 308
20 187
12 383
6 160
After tax
-7 808
-12 687
-4 883
1 340
Living cost
28 956
28 956
28 956
28 956
Free-cash
-36 764
-41 643
-33 839
-27 616

Estimated living cost  is ₽28956 per week

₽19794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14939
-₽15784
-₽12944
-₽23670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
905
pensions
-
-
-
794
unemployment
-
-
-
119
health
-
-
-
556
total
-
-
-
2 374
Employee

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

The minimum wage is 138,000 HUF per month.

26 084
10 381
10 381
-
unemployment
391
156
120
-
pensions
2 608
1 038
798
-
health
1 826
727
559
-
income
3 189
1 269
1 336
-
total
8 014
3 190
2 813
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 084
10 381
10 381
-
pensions
5 086
2 024
1 556
-
total
5 086
2 024
1 556
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 100
5 214
4 369
2 374
After tax
-5 600
2 286
3 131
5 126
Living cost
18 070
18 070
18 070
18 070
Free-cash
-23 670
-15 784
-14 939
-12 944

Estimated living cost  is ₽18070 per week

₽12331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17864
-₽15562
-₽17417
-₽26386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
2 033
health
-
-
-
1 321
total
-
-
-
3 354
Employee
25 326
-
4 064
-
unemployment
405
-
163
-
pensions
507
-
203
-
income
2 851
-
-
-
total
3 763
-
366
-
Employer
25 326
-
4 064
-
health
3 292
-
1 321
-
unemployment
203
-
81
-
pensions
5 065
-
2 033
-
total
8 560
-
3 435
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends
-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 323
1 499
3 801
3 354
After tax
-4 823
6 001
3 699
4 146
Living cost
21 563
21 563
21 563
21 563
Free-cash
-26 386
-15 562
-17 864
-17 417

Estimated living cost  is ₽21563 per week

₽14790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1284
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15739
-₽19091
-₽18660
-₽29802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
224
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
6 461
Employee
30 988
-
6 230
-
pensions
3 489
-
702
-
health
3 548
-
713
-
income
4 251
-
855
-
total
11 288
-
2 270
-
Employer
30 988
-
6 230
-
accident
517
-
104
-
unemployment
759
-
153
-
pensions
5 039
-
1 013
-
total
6 315
-
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
17 603
6 892
3 540
6 461
After tax
-10 103
608
3 960
1 039
Living cost
19 699
19 699
19 699
19 699
Free-cash
-29 802
-19 091
-15 739
-18 660

Estimated living cost  is ₽19699 per week

₽14438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1645
-₽520
-₽220
-₽2056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 556
-
7 500
-
income
1 911
-
1 500
-
total
1 911
-
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
1 911
375
1 500
75
After tax
5 589
7 125
6 000
7 425
Living cost
7 645
7 645
7 645
7 645
Free-cash
-2 056
-520
-1 645
-220

Estimated living cost  is ₽7645 per week

₽4738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19496
-₽18279
-₽20317
-₽33084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
815
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.

-
-
-
2 326
other
-
-
-
461
health
-
-
-
427
total
-
-
-
4 029
Employee
32 414
-
5 841
-
unemployment
324
-
58
-
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.

2 268
-
408
-
health
454
-
81
-
income
5 581
-
1 006
-
total
8 627
-
1 553
-
Employer
32 414
-
5 841
-
accident
259
-
47
-
other
1 621
-
476
-
health
454
-
81
-
unemployment
324
-
58
-
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.

5 511
-
993
-
total
8 169
-
1 655
-
Corporate
-
7 500
-
-
income
-
1 576
-
-
total
-
1 576
-
-
Dividends
-
5 924
-
-
withholding
-
415
-
-
total
-
415
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 796
1 991
3 208
4 029
After tax
-9 296
5 509
4 292
3 471
Living cost
23 788
23 788
23 788
23 788
Free-cash
-33 084
-18 279
-19 496
-20 317

Estimated living cost  is ₽23788 per week

₽16808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54315
-₽54584
-₽54204
-₽89353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 501
pensions
-
-
-
-
total
-
-
-
1 501
Employee
85 179
-
7 359
-
pensions
8 217
-
-
-
health
1 404
-
-
-
income
15 354
-
1 471
-
total
24 975
-
1 471
-
Employer
85 179
-
7 359
-
health
1 618
-
141
-
pensions
10 057
-
-
-
total
11 675
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
36 650
1 881
1 612
1 501
After tax
-29 150
5 619
5 888
5 999
Living cost
60 203
60 203
60 203
60 203
Free-cash
-89 353
-54 584
-54 315
-54 204

Estimated living cost  is ₽60203 per week

₽45111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7098
-₽5419
-₽7459
-₽11241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 125
pensions

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

-
-
-
1 110
unemployment
-
-
-
30
health
-
-
-
862
total
-
-
-
3 127
Employee
15 667
-
6 270
-
pensions

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

1 376
-
551
-
health
721
-
288
-
accident

We are using the highest rate at 1.1%.

172
-
69
-
income
1 566
-
627
-
total
3 835
-
1 535
-
Employer
15 667
-
6 270
-
accident

We are using the highest rate at 1.1%.

172
-
69
-
health
1 081
-
433
-
unemployment
94
-
38
-
pensions

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

1 727
-
691
-
total
3 074
-
1 231
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
337
-
-
total
-
337
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 909
1 087
2 766
3 127
After tax
591
6 413
4 734
4 373
Living cost
11 832
11 832
11 832
11 832
Free-cash
-11 241
-5 419
-7 098
-7 459

Estimated living cost  is ₽11832 per week

₽6908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽93257
-₽88246
-₽45177
-₽89761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
674
pensions
-
-
-
1 349
health
-
-
-
1 150
total
-
-
-
3 173
Employee
82 768
76 236
76 236
-
pensions
10 460
10 460
13 723
-
health
10 326
9 953
11 701
-
income

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

12 479
12 479
12 479
-
total
33 265
32 892
37 903
-
Employer
82 768
76 236
76 236
-
health
5 752
5 299
5 299
-
unemployment
2 980
2 745
2 745
-
pensions
5 760
5 306
5 306
-
total
14 492
13 350
13 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
47 757
46 242
51 253
3 173
After tax
-40 257
-38 742
-43 753
4 327
Living cost
49 504
49 504
49 504
49 504
Free-cash
-89 761
-88 246
-93 257
-45 177

Estimated living cost  is ₽49504 per week

₽36517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18496
-₽17137
-₽18648
-₽36446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
645
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 190
health
-
-
-
1 012
total
-
-
-
3 847
Employee
32 795
-
5 597
-
social contributions
2 132
-
364
-
solidarity contribution
-
-
-
-
health
4 427
-
756
-
income
3 935
-
672
-
total
10 494
-
1 792
-
Employer
32 795
-
5 597
-
health
2 952
-
504
-
social contributions
8 199
-
1 399
-
total
11 151
-
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
21 645
2 336
3 695
3 847
After tax
-14 145
5 164
3 805
3 653
Living cost
22 301
22 301
22 301
22 301
Free-cash
-36 446
-17 137
-18 496
-18 648

Estimated living cost  is ₽22301 per week

₽15490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39240
-₽33668
-₽37235
-₽71841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
7
social contributions
-
-
-
6 919
municipal
-
-
-
5
national
-
-
-
134
total
-
-
-
7 065
Employee
79 341
-
7 500
-
municipal
420
-
-
-
social contributions
26 754
-
9 070
-
regional
749
-
-
-
national
13 748
-
-
-
total
41 671
-
9 070
-
Employer
79 341
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 799
-
-
municipal
-
293
-
-
total
-
2 092
-
-
Dividends
-
5 408
-
-
withholding
-
1 406
-
-
total
-
1 406
-
-
Income
7 500
7 500
7 500
7 500
Total tax
41 671
3 498
9 070
7 065
After tax
-34 171
4 002
-1 570
435
Living cost
37 670
37 670
37 670
37 670
Free-cash
-71 841
-33 668
-39 240
-37 235

Estimated living cost  is ₽37670 per week

₽26259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17246
-₽14982
-₽16447
-₽28237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
813
pensions
-
-
-
2 384
other
-
-
-
-
unemployment
-
-
-
203
health
-
-
-
847
surtax
-
-
-
-
total
-
-
-
4 247
Employee
29 522
-
4 993
-
unemployment
2 055
-
828
-
surtax
97
-
-
-
pensions
1 969
-
795
-
health
754
-
303
-
other
-
-
-
-
income
4 949
-
613
-
total
9 824
-
2 539
-
Employer
29 522
-
4 993
-
other
-
-
-
-
health
1 343
-
542
-
unemployment
935
-
378
-
pensions
3 935
-
1 587
-
total
6 213
-
2 507
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
832
-
-
total
-
832
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 037
2 782
5 046
4 247
After tax
-8 537
4 718
2 454
3 253
Living cost
19 700
19 700
19 700
19 700
Free-cash
-28 237
-14 982
-17 246
-16 447

Estimated living cost  is ₽19700 per week

₽12045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35241
-₽35510
-₽35130
-₽56847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 501
pensions
-
-
-
-
total
-
-
-
1 501
Employee
57 084
-
7 359
-
pensions
4 845
-
-
-
health
829
-
-
-
income
10 281
-
1 471
-
total
15 955
-
1 471
-
Employer
57 084
-
7 359
-
health
1 084
-
141
-
pensions
6 179
-
-
-
total
7 263
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 218
1 881
1 612
1 501
After tax
-15 718
5 619
5 888
5 999
Living cost
41 129
41 129
41 129
41 129
Free-cash
-56 847
-35 510
-35 241
-35 130

Estimated living cost  is ₽41129 per week

₽30814
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.
₽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.
₽6802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽68372
-₽68534
-₽65616
-₽84739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
-
pensions
-
-
-
691
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
city
-
-
-
76
health
-
-
-
235
national
-
-
-
-
total
-
-
-
1 152
Employee
84 216
-
5 454
-
city
904
-
43
-
unemployment
-
-
-
-
pensions
7 075
-
1 865
-
regional
2 758
-
-
-
health
190
-
13
-
national
399
-
-
-
total
11 326
-
1 921
-
Employer
84 216
-
5 454
-
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.

1 684
-
109
-
health
190
-
13
-
unemployment
-
-
-
-
pensions
7 075
-
1 865
-
total
8 949
-
1 987
-
Corporate
-
7 500
-
-
national
-
638
-
-
regional
-
1 586
-
-
total
-
2 224
-
-
Dividends
-
5 276
-
-
withholding
-
1 846
-
-
total
-
1 846
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 275
4 070
3 908
1 152
After tax
-12 775
3 430
3 592
6 348
Living cost
71 964
71 964
71 964
71 964
Free-cash
-84 739
-68 534
-68 372
-65 616

Estimated living cost  is ₽71964 per week

₽46797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽883
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39496
-₽36947
-₽39496
-₽46152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
trade
-
-
-
-
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.

-
-
-
6 099
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
-
-
-
6 099
Employee

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

53 652
-
7 500
-
surtax

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

347
-
-
-
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.

6 099
-
6 099
-
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.

6 309
-
-
-
total
12 755
-
6 099
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 286
-
-
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.

-
63
-
-
chamber of commerce
-
146
-
-
total
-
2 620
-
-
Dividends
-
4 881
-
-
withholding
-
881
-
-
surtax

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

-
49
-
-
total
-
930
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 755
3 550
6 099
6 099
After tax
-5 255
3 950
1 401
1 401
Living cost
40 897
40 897
40 897
40 897
Free-cash
-46 152
-36 947
-39 496
-39 496

Estimated living cost  is ₽40897 per week

₽29869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25638
-₽26764
-₽27157
-₽42640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 431
social contributions
-
-
-
213
other
-
-
-
232
health
-
-
-
237
surtax
-
-
-
-
total
-
-
-
4 113
Employee
38 208
-
5 716
-
surtax
-
-
-
-
pensions
4 320
-
645
-
social contributions
1 089
-
164
-
income
2 255
-
-
-
total
7 664
-
809
-
Employer
38 208
-
5 716
-
other
1 318
-
197
-
health
2 675
-
400
-
unemployment
1 547
-
232
-
social contributions
115
-
17
-
pensions
6 277
-
939
-
total
11 932
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
withholding
-
691
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 596
3 720
2 594
4 113
After tax
-12 096
3 780
4 906
3 387
Living cost
30 544
30 544
30 544
30 544
Free-cash
-42 640
-26 764
-25 638
-27 157

Estimated living cost  is ₽30544 per week

₽19259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22611
-₽23737
-₽24130
-₽37257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 431
social contributions
-
-
-
213
other
-
-
-
232
health
-
-
-
237
surtax
-
-
-
-
total
-
-
-
4 113
Employee
34 106
-
5 716
-
surtax
-
-
-
-
pensions
3 858
-
645
-
social contributions
972
-
164
-
income
1 759
-
-
-
total
6 589
-
809
-
Employer
34 106
-
5 716
-
other
1 177
-
197
-
health
2 387
-
400
-
unemployment
1 381
-
232
-
social contributions
102
-
17
-
pensions
5 604
-
939
-
total
10 651
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
withholding
-
691
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 240
3 720
2 594
4 113
After tax
-9 740
3 780
4 906
3 387
Living cost
27 517
27 517
27 517
27 517
Free-cash
-37 257
-23 737
-22 611
-24 130

Estimated living cost  is ₽27517 per week

₽15959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14055
-₽15218
-₽14900
-₽25115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 125
social contributions
-
-
-
1 557
health
-
-
-
788
total
-
-
-
3 470
Employee
30 269
-
7 500
-
social contributions
4 178
-
1 557
-
health
2 113
-
788
-
income
5 049
-
280
-
total
11 340
-
2 625
-
Employer
30 269
-
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%.

-
374
-
-
total
-
374
-
-
Dividends
-
7 126
-
-
withholding
-
1 069
-
-
health
788
788
-
-
social contributions
1 557
1 557
-
-
total
2 345
3 414
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 685
3 788
2 625
3 470
After tax
-6 185
3 712
4 875
4 030
Living cost
18 930
18 930
18 930
18 930
Free-cash
-25 115
-15 218
-14 055
-14 900

Estimated living cost  is ₽18930 per week

₽12669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35205
-₽44285
-₽31966
-₽50975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
1 647
unemployment
-
-
-
5 475
health
-
-
-
681
chamber of commerce
-
-
-
30
surtax
-
-
-
176
total
-
-
-
8 009
Employee
44 615
35 577
35 577
-
unemployment
1 338
1 067
268
-
pensions
4 569
3 642
911
-
health
1 726
1 377
344
-
other
446
356
90
-
income
5 079
2 624
4 179
-
total
13 158
9 066
5 792
-
Employer
44 615
35 577
35 577
-
surtax
176
176
176
-
accident
579
463
37
-
other
2 119
1 689
1 464
-
health
1 686
1 345
337
-
unemployment
1 338
1 067
268
-
chamber of commerce
178
142
142
-
payroll
1 338
1 067
1 067
-
pensions
5 599
4 466
1 118
-
total
13 013
10 415
4 609
-
Corporate
3 388
3 388
3 388
-
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.

847
847
847
-
total
847
847
847
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 018
20 328
11 248
8 009
After tax
-19 518
-12 828
-3 748
-509
Living cost
31 457
31 457
31 457
31 457
Free-cash
-50 975
-44 285
-35 205
-31 966

Estimated living cost  is ₽31457 per week

₽20980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29065
-₽28044
-₽30622
-₽74947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
168
social contributions
-
-
-
4 706
national
-
-
-
698
total
-
-
-
5 572
Employee

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

63 858
-
5 811
-
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.

556
-
51
-
pensions

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

4 789
-
435
-
communal

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

3 331
-
303
-
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.

3 000
-
273
-
national
19 633
-
1 264
-
total
31 309
-
2 326
-
Employer

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

63 858
-
5 811
-
surtax
7 241
-
657
-
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.

830
-
75
-
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.

3 927
-
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.

932
-
85
-
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.

5 658
-
515
-
total
18 588
-
1 689
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
surtax
-
30
-
-
total
-
1 529
-
-
Dividends
-
5 970
-
-
withholding

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

-
1 465
-
-
total
-
1 465
-
-
Income
7 500
7 500
7 500
7 500
Total tax
49 897
2 994
4 015
5 572
After tax
-42 397
4 506
3 485
1 928
Living cost
32 550
32 550
32 550
32 550
Free-cash
-74 947
-28 044
-29 065
-30 622

Estimated living cost  is ₽32550 per week

₽20967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36140
-₽27077
-₽30830
-₽51105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
330
pensions
-
-
-
5 433
other
-
-
-
19
unemployment
-
-
-
134
accident
-
-
-
173
total
-
-
-
6 089
Employee
44 438
-
-
-
unemployment
690
-
463
-
pensions
2 089
-
1 401
-
other
44
-
30
-
income
9 376
-
-
-
total
12 199
-
1 894
-
Employer
44 438
-
-
-
accident
879
-
590
-
other
354
-
239
-
unemployment
2 445
-
1 640
-
pensions
10 487
-
7 036
-
total
14 165
-
9 505
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 364
2 336
11 399
6 089
After tax
-18 864
5 164
-3 899
1 411
Living cost
32 241
32 241
32 241
32 241
Free-cash
-51 105
-27 077
-36 140
-30 830

Estimated living cost  is ₽32241 per week

₽23742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51381
-₽43383
-₽51380
-₽68184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
communal
-
-
-
-
pensions
-
-
-
6 797
accident
-
-
-
383
health
-
-
-
3 185
surtax
-
-
-
-
total
-
-
-
10 365
Employee
67 606
-
2 423
-
surtax
4 144
-
-
-
pensions
5 408
-
3 398
-
health
3 009
-
1 891
-
income
6 530
-
-
-
total
19 091
-
5 289
-
Employer
67 606
-
2 423
-
accident
608
-
383
-
health
2 062
-
1 296
-
pensions
5 408
-
3 398
-
total
8 078
-
5 077
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
surtax
-
78
-
-
communal
-
-
-
-
total
-
1 203
-
-
Dividends
-
6 297
-
-
income
-
220
-
-
withholding
-
945
-
-
total
-
1 165
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 169
2 368
10 366
10 365
After tax
-19 669
5 132
-2 866
-2 865
Living cost
48 515
48 515
48 515
48 515
Free-cash
-68 184
-43 383
-51 381
-51 380

Estimated living cost  is ₽48515 per week

₽36394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17598
-₽15334
-₽16799
-₽28893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
813
pensions
-
-
-
2 384
other
-
-
-
-
unemployment
-
-
-
203
health
-
-
-
847
surtax
-
-
-
-
total
-
-
-
4 247
Employee
30 064
-
4 993
-
unemployment
2 092
-
828
-
surtax
107
-
-
-
pensions
2 006
-
795
-
health
767
-
303
-
other
-
-
-
-
income
5 040
-
613
-
total
10 012
-
2 539
-
Employer
30 064
-
4 993
-
other
-
-
-
-
health
1 367
-
542
-
unemployment
954
-
378
-
pensions
4 008
-
1 587
-
total
6 329
-
2 507
-
Corporate
-
7 500
-
-
income
-
1 950
-
-
total
-
1 950
-
-
Dividends
-
5 550
-
-
withholding
-
832
-
-
total
-
832
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 341
2 782
5 046
4 247
After tax
-8 841
4 718
2 454
3 253
Living cost
20 052
20 052
20 052
20 052
Free-cash
-28 893
-15 334
-17 598
-16 799

Estimated living cost  is ₽20052 per week

₽12106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25618
-₽20106
-₽23618
-₽42023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12
social contributions
-
-
-
6 919
municipal
-
-
-
5
national
-
-
-
134
total
-
-
-
7 070
Employee
49 522
-
7 500
-
municipal
263
-
-
-
social contributions
16 699
-
9 070
-
regional
667
-
-
-
national
7 846
-
-
-
total
25 475
-
9 070
-
Employer
49 522
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 799
-
-
municipal
-
373
-
-
total
-
2 172
-
-
Dividends
-
5 328
-
-
withholding
-
1 386
-
-
total
-
1 386
-
-
Income
7 500
7 500
7 500
7 500
Total tax
25 475
3 558
9 070
7 070
After tax
-17 975
3 942
-1 570
430
Living cost
24 048
24 048
24 048
24 048
Free-cash
-42 023
-20 106
-25 618
-23 618

Estimated living cost  is ₽24048 per week

₽14956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23676
-₽22317
-₽23828
-₽46653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
645
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 190
health
-
-
-
1 012
total
-
-
-
3 847
Employee
40 413
-
5 597
-
social contributions
2 627
-
364
-
solidarity contribution
-
-
-
-
health
5 456
-
756
-
income
4 849
-
672
-
total
12 932
-
1 792
-
Employer
40 413
-
5 597
-
health
3 637
-
504
-
social contributions
10 103
-
1 399
-
total
13 740
-
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
26 672
2 336
3 695
3 847
After tax
-19 172
5 164
3 805
3 653
Living cost
27 481
27 481
27 481
27 481
Free-cash
-46 653
-22 317
-23 676
-23 828

Estimated living cost  is ₽27481 per week

₽20436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32058
-₽41134
-₽28815
-₽43603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
1 647
unemployment
-
-
-
5 475
health
-
-
-
681
chamber of commerce
-
-
-
30
surtax
-
-
-
-
total
-
-
-
7 833
Employee
39 024
35 577
35 577
-
unemployment
1 171
1 067
268
-
pensions
3 996
3 642
911
-
health
1 509
1 377
344
-
other
390
356
90
-
income
3 476
2 624
4 179
-
total
10 542
9 066
5 792
-
Employer
39 024
35 577
35 577
-
surtax
-
-
-
-
accident
507
463
41
-
other
1 853
1 689
1 464
-
health
1 476
1 345
337
-
unemployment
1 171
1 067
268
-
chamber of commerce
156
142
142
-
payroll
1 171
1 067
1 067
-
pensions
4 898
4 466
1 118
-
total
11 232
10 239
4 437
-
Corporate
3 388
3 388
3 388
-
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.

847
847
847
-
total
847
847
847
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 621
20 152
11 076
7 833
After tax
-15 121
-12 652
-3 576
-333
Living cost
28 482
28 482
28 482
28 482
Free-cash
-43 603
-41 134
-32 058
-28 815

Estimated living cost  is ₽28482 per week

₽17085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5913
-₽4788
-₽4488
-₽7391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 891
-
7 500
-
income
2 978
-
1 500
-
total
2 978
-
1 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
2 978
375
1 500
75
After tax
4 522
7 125
6 000
7 425
Living cost
11 913
11 913
11 913
11 913
Free-cash
-7 391
-4 788
-5 913
-4 488

Estimated living cost  is ₽11913 per week

₽8062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
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.
₽2951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19696
-₽18781
-₽19426
-₽38124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
861
pensions
-
-
-
1 369
unemployment
-
-
-
12
health
-
-
-
739
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.

39 477
-
6 490
-
unemployment
56
-
8
-
pensions
6 119
-
1 006
-
health
2 550
-
420
-
income
6 808
-
808
-
total
15 533
-
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.

39 477
-
6 490
-
health
2 629
-
432
-
unemployment
24
-
3
-
pensions
3 493
-
574
-
total
6 146
-
1 009
-
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
21 679
2 336
3 251
2 981
After tax
-14 179
5 164
4 249
4 519
Living cost
23 945
23 945
23 945
23 945
Free-cash
-38 124
-18 781
-19 696
-19 426

Estimated living cost  is ₽23945 per week

₽16433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45001
-₽35671
-₽35115
-₽131532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 444
social contributions
-
-
-
937
total
-
-
-
2 381
Employee
57 689
-
-
-
social contributions
4 731
-
674
-
income
12 725
-
-
-
total
17 456
-
674
-
Employer
57 689
-
-
-
social contributions
81 342
-
11 593
-
total
81 342
-
11 593
-
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
98 798
2 937
12 267
2 381
After tax
-91 298
4 563
-4 767
5 119
Living cost
40 234
40 234
40 234
40 234
Free-cash
-131 532
-35 671
-45 001
-35 115

Estimated living cost  is ₽40234 per week

₽26105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23391
-₽23737
-₽23545
-₽43310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
437
social contributions

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

-
-
-
2 606
surtax
-
-
-
-
total
-
-
-
3 043
Employee
41 059
-
6 060
-
surtax
-
-
-
-
social contributions
4 517
-
666
-
income
8 540
-
783
-
total
13 057
-
1 449
-
Employer
41 059
-
6 060
-
social contributions
9 751
-
1 440
-
total
9 751
-
1 440
-
Corporate
-
7 500
-
-
income
-
1 576
-
-
surtax
-
-
-
-
total
-
1 576
-
-
Dividends
-
5 924
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 808
3 235
2 889
3 043
After tax
-15 308
4 265
4 611
4 457
Living cost
28 002
28 002
28 002
28 002
Free-cash
-43 310
-23 737
-23 391
-23 545

Estimated living cost  is ₽28002 per week

₽20951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38212
-₽39338
-₽39731
-₽65876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
pensions
-
-
-
3 431
social contributions
-
-
-
213
other
-
-
-
232
health
-
-
-
237
surtax
-
-
-
-
total
-
-
-
4 113
Employee
55 914
-
5 716
-
surtax
-
-
-
-
pensions
6 324
-
645
-
social contributions
1 592
-
164
-
income
4 879
-
-
-
total
12 795
-
809
-
Employer
55 914
-
5 716
-
other
1 930
-
197
-
health
3 913
-
400
-
unemployment
2 265
-
232
-
social contributions
168
-
17
-
pensions
9 187
-
939
-
total
17 463
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 101
-
-
surtax
-
-
-
-
total
-
2 101
-
-
Dividends
-
5 399
-
-
withholding
-
691
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
30 258
3 720
2 594
4 113
After tax
-22 758
3 780
4 906
3 387
Living cost
43 118
43 118
43 118
43 118
Free-cash
-65 876
-39 338
-38 212
-39 731

Estimated living cost  is ₽43118 per week

₽29182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20763
-₽20086
-₽20985
-₽25649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
social contributions
-
-
-
1 650
total
-
-
-
1 650
Employee
28 701
-
6 494
-
income
-
-
-
-
social contributions
1 865
-
422
-
total
1 865
-
422
-
Employer
28 701
-
6 494
-
social contributions
4 449
-
1 006
-
total
4 449
-
1 006
-
Corporate
-
7 500
-
-
income
-
751
-
-
total
-
751
-
-
Dividends
-
6 749
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 314
751
1 428
1 650
After tax
1 186
6 749
6 072
5 850
Living cost
26 835
26 835
26 835
26 835
Free-cash
-25 649
-20 086
-20 763
-20 985

Estimated living cost  is ₽26835 per week

₽17351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽186552
-₽186552
-₽36704
-₽186552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
pensions
-
-
-
772
labour market
-
-
-
538
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
1 310
Employee
181 044
181 044
181 044
-
municipal
38 552
38 552
38 552
-
labour market
14 463
14 463
14 463
-
pensions
257
257
257
-
national
22 118
22 118
22 118
-
total
75 390
75 390
75 390
-
Employer
181 044
181 044
181 044
-
municipal
38 614
38 614
38 614
-
national
22 156
22 156
22 156
-
labour market
14 483
14 483
14 483
-
pensions
515
515
515
-
total
75 768
75 768
75 768
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
151 158
151 158
151 158
1 310
After tax
-143 658
-143 658
-143 658
6 190
Living cost
42 894
42 894
42 894
42 894
Free-cash
-186 552
-186 552
-186 552
-36 704

Estimated living cost  is ₽42894 per week

₽29357
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.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15449
-₽18801
-₽18370
-₽29254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
224
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
6 461
Employee
30 531
-
6 230
-
pensions
3 438
-
702
-
health
3 496
-
713
-
income
4 189
-
855
-
total
11 123
-
2 270
-
Employer
30 531
-
6 230
-
accident
510
-
104
-
unemployment
748
-
153
-
pensions
4 964
-
1 013
-
total
6 222
-
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
17 345
6 892
3 540
6 461
After tax
-9 845
608
3 960
1 039
Living cost
19 409
19 409
19 409
19 409
Free-cash
-29 254
-18 801
-15 449
-18 370

Estimated living cost  is ₽19409 per week

₽14127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29528
-₽29084
-₽28125
-₽48332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
46 969
-
6 309
-
unemployment
705
-
95
-
municipal
7 693
-
1 042
-
pensions
3 170
-
425
-
health
351
-
-
-
national
776
-
-
-
total
12 695
-
1 562
-
Employer
46 969
-
6 309
-
accident
47
-
7
-
health
361
-
49
-
unemployment
305
-
41
-
pensions
8 149
-
1 094
-
total
8 862
-
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
-
-
municipal
-
810
-
-
national
-
-
-
-
total
-
810
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 557
2 309
2 753
1 350
After tax
-14 057
5 191
4 747
6 150
Living cost
34 275
34 275
34 275
34 275
Free-cash
-48 332
-29 084
-29 528
-28 125

Estimated living cost  is ₽34275 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25552
-₽33356
-₽19329
-₽26944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
33 938
income
-
-
-
-
social contributions
-
-
-
5 294
health
-
-
-
866
total
-
-
-
6 160
Employee
68 647
68 647
68 647
-
social contributions
2 595
5 697
1 921
-
health
532
1 167
393
-
income
7 475
6 355
7 719
-
total
10 602
13 219
10 033
-
Employer
68 647
68 647
68 647
-
health
578
1 271
429
-
social contributions
2 595
5 697
1 921
-
total
3 173
6 968
2 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 775
20 187
12 383
6 160
After tax
-6 275
-12 687
-4 883
1 340
Living cost
20 669
20 669
20 669
20 669
Free-cash
-26 944
-33 356
-25 552
-19 329

Estimated living cost  is ₽20669 per week

₽12388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12204
-₽7963
-₽15609
-₽15102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
-
pensions
-
-
-
5 679
unemployment
-
-
-
25
health
-
-
-
3 231
total
-
-
-
8 935
Employee

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

20 491
-
5 897
-
unemployment
102
-
78
-
pensions
3 073
-
2 333
-
health
1 742
-
1 321
-
income
1 401
-
195
-
total
6 318
-
3 927
-
Employer

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

20 491
-
5 897
-
health
881
-
669
-
unemployment
102
-
78
-
pensions
1 127
-
856
-
total
2 110
-
1 603
-
Corporate
-
7 500
-
-
income
-
674
-
-
total
-
674
-
-
Dividends
-
6 826
-
-
withholding
-
615
-
-
total
-
615
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 428
1 289
5 530
8 935
After tax
-928
6 211
1 970
-1 435
Living cost
14 174
14 174
14 174
14 174
Free-cash
-15 102
-7 963
-12 204
-15 609

Estimated living cost  is ₽14174 per week

₽9043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28448
-₽19385
-₽23138
-₽36033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
330
pensions
-
-
-
5 433
other
-
-
-
19
unemployment
-
-
-
134
accident
-
-
-
173
total
-
-
-
6 089
Employee
33 010
-
-
-
unemployment
512
-
463
-
pensions
1 552
-
1 401
-
other
32
-
30
-
income
6 364
-
-
-
total
8 460
-
1 894
-
Employer
33 010
-
-
-
accident
654
-
590
-
other
264
-
239
-
unemployment
1 816
-
1 640
-
pensions
7 790
-
7 036
-
total
10 524
-
9 505
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 984
2 336
11 399
6 089
After tax
-11 484
5 164
-3 899
1 411
Living cost
24 549
24 549
24 549
24 549
Free-cash
-36 033
-19 385
-28 448
-23 138

Estimated living cost  is ₽24549 per week

₽16570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2360
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.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2247
₽3095
₽2360
₽2835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 561
pensions
-
-
-
1 156
health
-
-
-
838
total
-
-
-
3 555
Employee
2 415
-
6 199
-
unemployment
24
-
58
-
pensions
217
-
520
-
health
121
-
289
-
income
467
-
1 500
-
total
829
-
2 367
-
Employer
2 415
-
6 199
-
health
229
-
549
-
unemployment
48
-
116
-
pensions
266
-
636
-
total
543
-
1 301
-
Corporate
4 542
7 500
-
-
income
999
1 650
-
-
total
999
1 650
-
-
Dividends
3 543
5 850
-
-
withholding
709
1 170
-
-
total
709
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 080
2 820
3 668
3 555
After tax
4 420
4 680
3 832
3 945
Living cost
1 585
1 585
1 585
1 585
Free-cash
2 835
3 095
2 247
2 360

Estimated living cost  is ₽1585 per week

₽942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽36
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10565
-₽9995
-₽10949
-₽19903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
201
pensions
-
-
-
1 950
unemployment
-
-
-
112
health
-
-
-
772
total
-
-
-
3 035
Employee

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

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

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

23 243
-
6 361
-
unemployment
174
-
48
-
pensions
3 254
-
891
-
health
1 197
-
328
-
income
3 204
-
245
-
total
7 829
-
1 512
-
Employer

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

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

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

23 243
-
6 361
-
health
1 197
-
328
-
unemployment
174
-
48
-
pensions
2 789
-
763
-
total
4 160
-
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
11 989
2 081
2 651
3 035
After tax
-4 489
5 419
4 849
4 465
Living cost
15 414
15 414
15 414
15 414
Free-cash
-19 903
-9 995
-10 565
-10 949

Estimated living cost  is ₽15414 per week

₽10378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19457
-₽19803
-₽19611
-₽35378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
437
social contributions

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

-
-
-
2 606
surtax
-
-
-
-
total
-
-
-
3 043
Employee
34 649
-
6 060
-
surtax
-
-
-
-
social contributions
3 812
-
666
-
income
6 770
-
783
-
total
10 582
-
1 449
-
Employer
34 649
-
6 060
-
social contributions
8 228
-
1 440
-
total
8 228
-
1 440
-
Corporate
-
7 500
-
-
income
-
1 576
-
-
surtax
-
-
-
-
total
-
1 576
-
-
Dividends
-
5 924
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 810
3 235
2 889
3 043
After tax
-11 310
4 265
4 611
4 457
Living cost
24 068
24 068
24 068
24 068
Free-cash
-35 378
-19 803
-19 457
-19 611

Estimated living cost  is ₽24068 per week

₽17046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35274
-₽26211
-₽29964
-₽49362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
330
pensions
-
-
-
5 433
other
-
-
-
19
unemployment
-
-
-
134
accident
-
-
-
173
total
-
-
-
6 089
Employee
43 115
-
-
-
unemployment
667
-
463
-
pensions
2 026
-
1 401
-
other
42
-
30
-
income
9 005
-
-
-
total
11 740
-
1 894
-
Employer
43 115
-
-
-
accident
854
-
590
-
other
346
-
239
-
unemployment
2 372
-
1 640
-
pensions
10 175
-
7 036
-
total
13 747
-
9 505
-
Corporate
-
7 500
-
-
income

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

-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
25 487
2 336
11 399
6 089
After tax
-17 987
5 164
-3 899
1 411
Living cost
31 375
31 375
31 375
31 375
Free-cash
-49 362
-26 211
-35 274
-29 964

Estimated living cost  is ₽31375 per week

₽22532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
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.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10790
-₽9111
-₽11151
-₽17089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 125
pensions

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

-
-
-
1 110
unemployment
-
-
-
30
health
-
-
-
862
total
-
-
-
3 127
Employee
20 556
-
6 270
-
pensions

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

1 805
-
551
-
health
946
-
288
-
accident

We are using the highest rate at 1.1%.

226
-
69
-
income
2 056
-
627
-
total
5 033
-
1 535
-
Employer
20 556
-
6 270
-
accident

We are using the highest rate at 1.1%.

226
-
69
-
health
1 418
-
433
-
unemployment
123
-
38
-
pensions

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

2 265
-
691
-
total
4 032
-
1 231
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
337
-
-
total
-
337
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 065
1 087
2 766
3 127
After tax
-1 565
6 413
4 734
4 373
Living cost
15 524
15 524
15 524
15 524
Free-cash
-17 089
-9 111
-10 790
-11 151

Estimated living cost  is ₽15524 per week

₽10267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33065
-₽30360
-₽33065
-₽36920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
-
trade
-
-
-
-
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.

-
-
-
6 099
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
-
-
-
6 099
Employee

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

44 419
-
7 500
-
surtax

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

202
-
-
-
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.

6 099
-
6 099
-
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.

3 653
-
-
-
total
9 954
-
6 099
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
trade
-
1 076
-
-
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.

-
63
-
-
chamber of commerce
-
146
-
-
total
-
2 410
-
-
Dividends
-
5 091
-
-
withholding
-
933
-
-
surtax

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

-
51
-
-
total
-
984
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 954
3 394
6 099
6 099
After tax
-2 454
4 106
1 401
1 401
Living cost
34 466
34 466
34 466
34 466
Free-cash
-36 920
-30 360
-33 065
-33 065

Estimated living cost  is ₽34466 per week

₽23776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3708
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.
₽6482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43354
-₽45604
-₽43354
-₽62333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Employee
69 832
-
7 500
-
income
13 177
-
-
-
social contributions
5 802
-
-
-
total
18 979
-
-
-
Employer
69 832
-
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
18 979
2 250
-
-
After tax
-11 479
5 250
7 500
7 500
Living cost
50 854
50 854
50 854
50 854
Free-cash
-62 333
-45 604
-43 354
-43 354

Estimated living cost  is ₽50854 per week

₽38689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28011
-₽30196
-₽55889
-₽40222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 412
health

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

-
-
-
5 570
total
-
-
-
30 982
Employee
40 954
-
5 948
-
income
4 444
-
-
-
social contributions
4 103
-
1 552
-
total
8 547
-
1 552
-
Employer
40 954
-
5 948
-
social contributions
4 103
-
1 552
-
total
4 103
-
1 552
-
Corporate
-
7 500
-
-
income
-
2 624
-
-
total
-
2 624
-
-
Dividends
-
4 876
-
-
social contributions
2 665
2 665
-
-
total
2 665
2 665
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 315
5 289
3 104
30 982
After tax
-7 815
2 211
4 396
-23 482
Living cost
32 407
32 407
32 407
32 407
Free-cash
-40 222
-30 196
-28 011
-55 889

Estimated living cost  is ₽32407 per week

₽21346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2555
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.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27549
-₽27818
-₽27438
-₽43906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 501
pensions
-
-
-
-
total
-
-
-
1 501
Employee
45 897
-
7 359
-
pensions
3 503
-
-
-
health
599
-
-
-
income
8 358
-
1 471
-
total
12 460
-
1 471
-
Employer
45 897
-
7 359
-
health
872
-
141
-
pensions
4 637
-
-
-
total
5 509
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 969
1 881
1 612
1 501
After tax
-10 469
5 619
5 888
5 999
Living cost
33 437
33 437
33 437
33 437
Free-cash
-43 906
-27 818
-27 549
-27 438

Estimated living cost  is ₽33437 per week

₽22937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17370
-₽20722
-₽20291
-₽32891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
224
pensions
-
-
-
3 726
other
-
-
-
332
accident
-
-
-
226
health
-
-
-
1 953
total
-
-
-
6 461
Employee
33 554
-
6 230
-
pensions
3 778
-
702
-
health
3 842
-
713
-
income
4 603
-
855
-
total
12 223
-
2 270
-
Employer
33 554
-
6 230
-
accident
560
-
104
-
unemployment
822
-
153
-
pensions
5 456
-
1 013
-
total
6 838
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 061
6 892
3 540
6 461
After tax
-11 561
608
3 960
1 039
Living cost
21 330
21 330
21 330
21 330
Free-cash
-32 891
-20 722
-17 370
-20 291

Estimated living cost  is ₽21330 per week

₽15654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
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.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7354
-₽5666
-₽7354
-₽11766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 380
unemployment
-
-
-
90
health insurance
-
-
-
555
work injury
-
-
-
37
total
-
-
-
2 812
Employee

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

19 266
-
7 500
-
unemployment
231
-
90
-
work injury
96
-
37
-
pensions
3 545
-
1 380
-
health insurance
1 426
-
555
-
income
1 927
-
750
-
total
7 225
-
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
7 225
1 125
2 812
2 812
After tax
275
6 375
4 688
4 688
Living cost
12 042
12 042
12 042
12 042
Free-cash
-11 766
-5 666
-7 354
-7 354

Estimated living cost  is ₽12042 per week

₽7460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37135
-₽31614
-₽35133
-₽67729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
10
social contributions
-
-
-
6 919
municipal
-
-
-
5
national
-
-
-
134
total
-
-
-
7 068
Employee
75 228
-
7 500
-
municipal
449
-
-
-
social contributions
25 366
-
9 070
-
regional
1 136
-
-
-
national
12 713
-
-
-
total
39 664
-
9 070
-
Employer
75 228
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
nationa
-
1 799
-
-
municipal
-
361
-
-
total
-
2 160
-
-
Dividends
-
5 340
-
-
withholding
-
1 389
-
-
total
-
1 389
-
-
Income
7 500
7 500
7 500
7 500
Total tax
39 664
3 549
9 070
7 068
After tax
-32 164
3 951
-1 570
432
Living cost
35 565
35 565
35 565
35 565
Free-cash
-67 729
-31 614
-37 135
-35 133

Estimated living cost  is ₽35565 per week

₽24982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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