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
-₽26402
-₽29834
-₽29834
-₽30968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

38 468
-
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.

59
-
-
-
income

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

1 075
-
-
-
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.

6 871
-
6 871
-
total
8 005
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 124
-
-
surtax

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

-
61
-
-
chamber of commerce
-
164
-
-
trade
-
1 181
-
-
total
-
2 530
-
-
Dividends
-
4 969
-
-
surtax

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

-
48
-
-
withholding
-
861
-
-
total
-
909
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 005
3 439
6 871
6 871
After tax
-505
4 061
629
629
Living cost
30 463
30 463
30 463
30 463
Free-cash
-30 968
-26 402
-29 834
-29 834

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48731
-₽46759
-₽46892
-₽82811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
81
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
900
total
-
-
-
981
Employee
82 797
-
6 484
-
municipal
10 227
-
-
-
pensions
3 312
-
259
-
national
15 847
-
-
-
total
29 386
-
259
-
Employer
82 797
-
6 484
-
pensions
6 624
-
519
-
social contributions
890
-
70
-
total
7 514
-
589
-
Corporate
-
7 500
-
-
income

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

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
6 000
-
-
withholding
-
1 320
-
-
total
-
1 320
-
-
Income
7 500
7 500
7 500
7 500
Total tax
36 900
2 820
848
981
After tax
-29 400
4 680
6 652
6 519
Living cost
53 411
53 411
53 411
53 411
Free-cash
-82 811
-48 731
-46 759
-46 892

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14924
-₽17689
-₽17714
-₽28967
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 166
microenterprise
-
-
-
1 124
total
-
-
-
4 290
Employee
29 388
-
5 128
-
surtax
-
-
-
-
social contributions

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

3 233
-
1 084
-
income
5 231
-
809
-
total
8 464
-
1 893
-
Employer
29 388
-
5 128
-
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.

7 079
-
2 372
-
surtax
-
-
-
-
total
7 079
-
2 372
-
Corporate
-
7 500
-
-
income

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

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

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

-
6 000
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 543
1 500
4 265
4 290
After tax
-8 043
6 000
3 235
3 210
Living cost
20 924
20 924
20 924
20 924
Free-cash
-28 967
-14 924
-17 689
-17 714

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86727
-₽92373
-₽37808
-₽92373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
676
health
-
-
-
1 151
pensions
-
-
-
1 349
total
-
-
-
3 176
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
57 741
52 095
57 741
3 176
After tax
-50 241
-44 595
-50 241
4 324
Living cost
42 132
42 132
42 132
42 132
Free-cash
-92 373
-86 727
-92 373
-37 808

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37111
-₽37201
-₽37467
-₽69663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
15
other
-
-
-
871
unemployment
-
-
-
7
health
-
-
-
468
municipal
-
-
-
1 589
national
-
-
-
-
pensions
-
-
-
811
total
-
-
-
3 761
Employee
58 715
-
5 707
-
municipal
17 509
-
1 702
-
national
-
-
-
-
total
17 509
-
1 702
-
Employer
58 715
-
5 707
-
health
3 611
-
351
-
pensions
6 347
-
617
-
accident
117
-
11
-
unemployment
1 550
-
151
-
other
6 823
-
663
-
total
18 448
-
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
35 957
3 405
3 495
3 761
After tax
-28 457
4 095
4 005
3 739
Living cost
41 206
41 206
41 206
41 206
Free-cash
-69 663
-37 111
-37 201
-37 467

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35485
-₽38881
-₽38881
-₽43503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

51 004
-
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.

240
-
-
-
income

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

4 382
-
-
-
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.

6 871
-
6 871
-
total
11 493
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 124
-
-
surtax

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

-
61
-
-
chamber of commerce
-
164
-
-
trade
-
1 233
-
-
total
-
2 582
-
-
Dividends
-
4 918
-
-
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.

-
46
-
-
withholding
-
847
-
-
total
-
893
-
-
Income
7 500
7 500
7 500
7 500
Total tax
11 493
3 475
6 871
6 871
After tax
-3 993
4 025
629
629
Living cost
39 510
39 510
39 510
39 510
Free-cash
-43 503
-35 485
-38 881
-38 881

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47864
-₽39071
-₽32060
-₽42365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 234
income
-
-
-
-
social contributions
-
-
-
5 964
health
-
-
-
975
total
-
-
-
6 939
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
2 164
-
income
8 121
7 159
8 696
-
health
769
1 315
443
-
total
12 648
14 893
11 303
-
Employer
77 337
77 337
77 337
-
health
838
1 431
483
-
social contributions
3 758
6 419
2 164
-
total
4 596
7 850
2 647
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 244
22 743
13 950
6 939
After tax
-9 744
-15 243
-6 450
561
Living cost
32 621
32 621
32 621
32 621
Free-cash
-42 365
-47 864
-39 071
-32 060

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Limassol model

Close
Budapest , Hungary
-₽16280
-₽15416
-₽13355
-₽24336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
900
unemployment
-
-
-
122
health
-
-
-
567
pensions
-
-
-
811
total
-
-
-
2 400
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.

26 641
10 603
10 603
-
unemployment
400
159
122
-
pensions
2 664
1 060
815
-
income
3 257
1 296
1 364
-
health
1 865
742
571
-
total
8 186
3 257
2 872
-
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.

26 641
10 603
10 603
-
pensions
5 195
2 068
1 589
-
total
5 195
2 068
1 589
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
social contributions
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 381
5 325
4 461
2 400
After tax
-5 881
2 175
3 039
5 100
Living cost
18 455
18 455
18 455
18 455
Free-cash
-24 336
-16 280
-15 416
-13 355

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18292
-₽21076
-₽20572
-₽30675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
1 489
pensions
-
-
-
2 290
total
-
-
-
3 779
Employee
28 531
-
3 629
-
unemployment
456
-
183
-
pensions
571
-
229
-
income
3 212
-
-
-
total
4 239
-
412
-
Employer
28 531
-
3 629
-
health
3 708
-
1 489
-
pensions
5 707
-
2 290
-
unemployment
229
-
92
-
total
9 644
-
3 871
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends
-
6 000
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 883
1 500
4 283
3 779
After tax
-6 383
6 000
3 217
3 721
Living cost
24 292
24 292
24 292
24 292
Free-cash
-30 675
-18 292
-21 076
-20 572

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21793
-₽18439
-₽22064
-₽34918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
257
income
-
-
-
73
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
7 164
Employee
35 237
-
6 230
-
pensions
3 968
-
701
-
income
4 834
-
855
-
health
4 035
-
713
-
total
12 837
-
2 269
-
Employer
35 237
-
6 230
-
pensions
5 730
-
1 013
-
accident
588
-
104
-
unemployment
863
-
153
-
total
7 181
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 018
6 893
3 539
7 164
After tax
-12 518
607
3 961
336
Living cost
22 400
22 400
22 400
22 400
Free-cash
-34 918
-21 793
-18 439
-22 064

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1015
-₽2140
-₽715
-₽2675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
10 174
-
7 500
-
income
2 035
-
1 500
-
total
2 035
-
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
2 035
375
1 500
75
After tax
5 465
7 125
6 000
7 425
Living cost
8 140
8 140
8 140
8 140
Free-cash
-2 675
-1 015
-2 140
-715

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21288
-₽22545
-₽23657
-₽38224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
737
other
-
-
-
519
health
-
-
-
481
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.

-
-
-
2 621
total
-
-
-
4 358
Employee
36 518
-
5 796
-
unemployment
365
-
57
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 556
-
405
-
income
6 287
-
998
-
health
512
-
82
-
total
9 720
-
1 542
-
Employer
36 518
-
5 796
-
health
512
-
82
-
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.

6 209
-
985
-
accident
292
-
46
-
unemployment
365
-
57
-
other
1 827
-
534
-
total
9 205
-
1 704
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
414
-
-
total
-
414
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 925
1 989
3 246
4 358
After tax
-11 425
5 511
4 254
3 142
Living cost
26 799
26 799
26 799
26 799
Free-cash
-38 224
-21 288
-22 545
-23 657

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽61239
-₽60973
-₽60858
-₽100062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 499
pensions
-
-
-
-
total
-
-
-
1 499
Employee
94 595
-
7 359
-
pensions
9 126
-
-
-
income
17 052
-
1 473
-
health
1 559
-
-
-
total
27 737
-
1 473
-
Employer
94 595
-
7 359
-
health
1 797
-
141
-
pensions
11 169
-
-
-
total
12 966
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
40 703
1 880
1 614
1 499
After tax
-33 203
5 620
5 886
6 001
Living cost
66 859
66 859
66 859
66 859
Free-cash
-100 062
-61 239
-60 973
-60 858

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽6792
-₽8565
-₽8833
-₽13417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
30
health
-
-
-
863
pensions

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

-
-
-
1 110
total
-
-
-
3 128
Employee
17 485
-
6 211
-
accident

We are using the highest rate at 1.1%.

193
-
72
-
pensions

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

1 535
-
577
-
income
1 748
-
621
-
health
804
-
302
-
total
4 280
-
1 572
-
Employer
17 485
-
6 211
-
health
1 207
-
453
-
pensions

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

1 927
-
724
-
accident

We are using the highest rate at 1.1%.

193
-
72
-
unemployment
105
-
39
-
total
3 432
-
1 288
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
337
-
-
total
-
337
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 712
1 087
2 860
3 128
After tax
-212
6 413
4 640
4 372
Living cost
13 205
13 205
13 205
13 205
Free-cash
-13 417
-6 792
-8 565
-8 833

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽100365
-₽106011
-₽51446
-₽102071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
676
health
-
-
-
1 151
pensions
-
-
-
1 349
total
-
-
-
3 176
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
53 801
52 095
57 741
3 176
After tax
-46 301
-44 595
-50 241
4 324
Living cost
55 770
55 770
55 770
55 770
Free-cash
-102 071
-100 365
-106 011
-51 446

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19829
-₽21188
-₽21341
-₽41752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 190
solidarity contribution
-
-
-
-
health
-
-
-
1 013
total
-
-
-
3 848
Employee
36 754
-
5 597
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
364
-
income
4 411
-
672
-
health
4 962
-
756
-
total
11 762
-
1 792
-
Employer
36 754
-
5 597
-
health
3 308
-
504
-
social contributions
9 189
-
1 399
-
total
12 497
-
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
24 259
2 336
3 695
3 848
After tax
-16 759
5 164
3 805
3 652
Living cost
24 993
24 993
24 993
24 993
Free-cash
-41 752
-19 829
-21 188
-21 341

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38438
-₽45158
-₽42734
-₽81884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 795
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 795
Employee
89 385
-
7 500
-
municipal
473
-
-
-
national
15 488
-
-
-
regional
843
-
-
-
social contributions
30 141
-
10 219
-
total
46 945
-
10 219
-
Employer
89 385
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
292
-
-
nationa
-
1 800
-
-
total
-
2 092
-
-
Dividends
-
5 408
-
-
withholding
-
1 407
-
-
total
-
1 407
-
-
Income
7 500
7 500
7 500
7 500
Total tax
46 945
3 499
10 219
7 795
After tax
-39 445
4 001
-2 719
-295
Living cost
42 439
42 439
42 439
42 439
Free-cash
-81 884
-38 438
-45 158
-42 734

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17476
-₽20190
-₽19288
-₽32761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
727
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
954
pensions
-
-
-
2 685
total
-
-
-
4 595
Employee
33 259
-
4 675
-
other
-
-
-
-
unemployment
2 315
-
933
-
pensions
2 218
-
895
-
surtax
109
-
-
-
income
5 575
-
502
-
health
849
-
342
-
total
11 066
-
2 672
-
Employer
33 259
-
4 675
-
health
1 514
-
611
-
pensions
4 434
-
1 788
-
unemployment
1 054
-
426
-
other
-
-
-
-
total
7 002
-
2 825
-
Corporate
-
7 500
-
-
income
-
1 951
-
-
total
-
1 951
-
-
Dividends
-
5 549
-
-
withholding
-
832
-
-
total
-
832
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 068
2 783
5 497
4 595
After tax
-10 568
4 717
2 003
2 905
Living cost
22 193
22 193
22 193
22 193
Free-cash
-32 761
-17 476
-20 190
-19 288

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40056
-₽39790
-₽39675
-₽63962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 499
pensions
-
-
-
-
total
-
-
-
1 499
Employee
63 395
-
7 359
-
pensions
5 381
-
-
-
income
11 418
-
1 473
-
health
920
-
-
-
total
17 719
-
1 473
-
Employer
63 395
-
7 359
-
health
1 204
-
141
-
pensions
6 863
-
-
-
total
8 067
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
25 786
1 880
1 614
1 499
After tax
-18 286
5 620
5 886
6 001
Living cost
45 676
45 676
45 676
45 676
Free-cash
-63 962
-40 056
-39 790
-39 675

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽76314
-₽76475
-₽73421
-₽94713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
other

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

-
-
-
150
regional
-
-
-
-
health
-
-
-
260
city
-
-
-
76
national
-
-
-
-
pensions
-
-
-
690
total
-
-
-
1 176
Employee
93 322
-
5 294
-
unemployment
-
-
-
-
pensions
7 840
-
2 030
-
national
442
-
-
-
regional
3 056
-
-
-
city
1 002
-
39
-
health
211
-
12
-
total
12 551
-
2 081
-
Employer
93 322
-
5 294
-
health
211
-
12
-
pensions
7 840
-
2 030
-
unemployment
-
-
-
-
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.

1 866
-
107
-
total
9 917
-
2 149
-
Corporate
-
7 500
-
-
regional
-
1 585
-
-
national
-
637
-
-
total
-
2 222
-
-
Dividends
-
5 278
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 468
4 069
4 230
1 176
After tax
-14 968
3 431
3 270
6 324
Living cost
79 745
79 745
79 745
79 745
Free-cash
-94 713
-76 314
-76 475
-73 421

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽42089
-₽45445
-₽45445
-₽52944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

60 444
-
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.

391
-
-
-
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.

7 108
-
-
-
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.

6 871
-
6 871
-
total
14 370
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 124
-
-
surtax

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

-
61
-
-
chamber of commerce
-
164
-
-
trade
-
1 286
-
-
total
-
2 635
-
-
Dividends
-
4 864
-
-
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.

-
46
-
-
withholding
-
834
-
-
total
-
880
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 370
3 515
6 871
6 871
After tax
-6 870
3 985
629
629
Living cost
46 074
46 074
46 074
46 074
Free-cash
-52 944
-42 089
-45 445
-45 445

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽30628
-₽29506
-₽31422
-₽48987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
233
surtax
-
-
-
-
social contributions
-
-
-
214
health
-
-
-
267
pensions
-
-
-
3 798
total
-
-
-
4 512
Employee
43 044
-
5 715
-
pensions
4 867
-
647
-
surtax
-
-
-
-
social contributions
1 227
-
164
-
income
2 540
-
-
-
total
8 634
-
811
-
Employer
43 044
-
5 715
-
health
3 014
-
401
-
pensions
7 071
-
939
-
unemployment
1 743
-
231
-
social contributions
130
-
17
-
other
1 485
-
197
-
total
13 443
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 099
-
-
surtax
-
-
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
withholding
-
691
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 077
3 718
2 596
4 512
After tax
-14 577
3 782
4 904
2 988
Living cost
34 410
34 410
34 410
34 410
Free-cash
-48 987
-30 628
-29 506
-31 422

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27219
-₽26097
-₽28013
-₽42924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
233
surtax
-
-
-
-
social contributions
-
-
-
214
health
-
-
-
267
pensions
-
-
-
3 798
total
-
-
-
4 512
Employee
38 423
-
5 715
-
pensions
4 346
-
647
-
surtax
-
-
-
-
social contributions
1 096
-
164
-
income
1 981
-
-
-
total
7 423
-
811
-
Employer
38 423
-
5 715
-
health
2 689
-
401
-
pensions
6 314
-
939
-
unemployment
1 556
-
231
-
social contributions
115
-
17
-
other
1 326
-
197
-
total
12 000
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 099
-
-
surtax
-
-
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
withholding
-
691
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 423
3 718
2 596
4 512
After tax
-11 923
3 782
4 904
2 988
Living cost
31 001
31 001
31 001
31 001
Free-cash
-42 924
-27 219
-26 097
-28 013

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17911
-₽16594
-₽17592
-₽29243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 124
social contributions
-
-
-
1 754
health
-
-
-
887
total
-
-
-
3 765
Employee
34 101
-
7 500
-
social contributions
4 707
-
1 754
-
income
5 688
-
126
-
health
2 380
-
887
-
total
12 775
-
2 767
-
Employer
34 101
-
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
-
-
social contributions
1 754
1 754
-
-
withholding
-
1 069
-
-
health
887
887
-
-
total
2 641
3 710
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 416
4 084
2 767
3 765
After tax
-7 916
3 416
4 733
3 735
Living cost
21 327
21 327
21 327
21 327
Free-cash
-29 243
-17 911
-16 594
-17 592

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50839
-₽40601
-₽36959
-₽58379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
31
health
-
-
-
767
pensions
-
-
-
1 855
total
-
-
-
9 020
Employee
50 263
40 080
40 080
-
other
502
401
101
-
unemployment
1 508
1 202
302
-
pensions
5 147
4 103
1 027
-
income
5 722
2 956
4 709
-
health
1 945
1 552
387
-
total
14 824
10 214
6 526
-
Employer
50 263
40 080
40 080
-
chamber of commerce
200
160
160
-
health
1 899
1 515
380
-
pensions
6 308
5 031
1 260
-
accident
653
521
31
-
unemployment
1 508
1 202
302
-
surtax
198
198
198
-
payroll
1 508
1 202
1 202
-
other
2 388
1 903
1 649
-
total
14 662
11 732
5 182
-
Corporate
3 817
3 817
3 817
-
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.

954
954
954
-
total
954
954
954
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
30 440
22 900
12 662
9 020
After tax
-22 940
-15 400
-5 162
-1 520
Living cost
35 439
35 439
35 439
35 439
Free-cash
-58 379
-50 839
-40 601
-36 959

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32126
-₽33186
-₽35155
-₽85384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
132
social contributions
-
-
-
5 302
national
-
-
-
550
total
-
-
-
5 984
Employee

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

71 942
-
5 807
-
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.

626
-
50
-
communal

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

3 752
-
303
-
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.

5 396
-
435
-
national
22 118
-
1 262
-
health

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

3 380
-
273
-
total
35 272
-
2 323
-
Employer

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

71 942
-
5 807
-
health

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

4 424
-
359
-
pensions

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

6 375
-
515
-
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.

935
-
74
-
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.

1 050
-
84
-
surtax
8 157
-
660
-
total
20 941
-
1 692
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
surtax
-
31
-
-
total
-
1 531
-
-
Dividends
-
5 969
-
-
withholding

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

-
1 424
-
-
total
-
1 424
-
-
Income
7 500
7 500
7 500
7 500
Total tax
56 213
2 955
4 015
5 984
After tax
-48 713
4 545
3 485
1 516
Living cost
36 671
36 671
36 671
36 671
Free-cash
-85 384
-32 126
-33 186
-35 155

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31158
-₽41662
-₽35503
-₽58523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
195
income
-
-
-
193
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
6 681
Employee
50 064
-
-
-
other
50
-
34
-
unemployment
777
-
521
-
pensions
2 353
-
1 578
-
income
10 563
-
-
-
total
13 743
-
2 133
-
Employer
50 064
-
-
-
pensions
11 814
-
7 926
-
accident
991
-
664
-
unemployment
2 754
-
1 848
-
other
399
-
269
-
total
15 958
-
10 707
-
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.

-
1 124
-
-
total
-
1 124
-
-
Dividends
-
6 376
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
29 701
2 336
12 840
6 681
After tax
-22 201
5 164
-5 340
819
Living cost
36 322
36 322
36 322
36 322
Free-cash
-58 523
-31 158
-41 662
-35 503

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
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.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49522
-₽58835
-₽58832
-₽77763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
accident
-
-
-
431
income
-
-
-
-
surtax
-
-
-
-
health
-
-
-
3 588
pensions
-
-
-
7 657
total
-
-
-
11 676
Employee
76 164
-
1 780
-
pensions
6 092
-
3 829
-
surtax
4 668
-
-
-
income
7 357
-
-
-
health
3 390
-
2 130
-
total
21 507
-
5 959
-
Employer
76 164
-
1 780
-
health
2 323
-
1 460
-
pensions
6 092
-
3 829
-
accident
685
-
431
-
total
9 100
-
5 720
-
Corporate
-
7 500
-
-
communal
-
-
-
-
income
-
1 124
-
-
surtax
-
78
-
-
total
-
1 202
-
-
Dividends
-
6 298
-
-
income
-
219
-
-
withholding
-
945
-
-
total
-
1 164
-
-
Income
7 500
7 500
7 500
7 500
Total tax
30 607
2 366
11 679
11 676
After tax
-23 107
5 134
-4 179
-4 176
Living cost
54 656
54 656
54 656
54 656
Free-cash
-77 763
-49 522
-58 835
-58 832

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17873
-₽20587
-₽19685
-₽33501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
727
other
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
954
pensions
-
-
-
2 685
total
-
-
-
4 595
Employee
33 870
-
4 675
-
other
-
-
-
-
unemployment
2 357
-
933
-
pensions
2 260
-
895
-
surtax
120
-
-
-
income
5 678
-
502
-
health
865
-
342
-
total
11 280
-
2 672
-
Employer
33 870
-
4 675
-
health
1 540
-
611
-
pensions
4 516
-
1 788
-
unemployment
1 075
-
426
-
other
-
-
-
-
total
7 131
-
2 825
-
Corporate
-
7 500
-
-
income
-
1 951
-
-
total
-
1 951
-
-
Dividends
-
5 549
-
-
withholding
-
832
-
-
total
-
832
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 411
2 783
5 497
4 595
After tax
-10 911
4 717
2 003
2 905
Living cost
22 590
22 590
22 590
22 590
Free-cash
-33 501
-17 873
-20 587
-19 685

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23151
-₽29812
-₽27388
-₽48292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 795
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 795
Employee
55 790
-
7 500
-
municipal
296
-
-
-
national
8 839
-
-
-
regional
751
-
-
-
social contributions
18 813
-
10 219
-
total
28 699
-
10 219
-
Employer
55 790
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
372
-
-
nationa
-
1 800
-
-
total
-
2 172
-
-
Dividends
-
5 328
-
-
withholding
-
1 386
-
-
total
-
1 386
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 699
3 558
10 219
7 795
After tax
-21 199
3 942
-2 719
-295
Living cost
27 093
27 093
27 093
27 093
Free-cash
-48 292
-23 151
-29 812
-27 388

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25634
-₽26993
-₽27146
-₽53190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 190
solidarity contribution
-
-
-
-
health
-
-
-
1 013
total
-
-
-
3 848
Employee
45 291
-
5 597
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
364
-
income
5 435
-
672
-
health
6 114
-
756
-
total
14 493
-
1 792
-
Employer
45 291
-
5 597
-
health
4 076
-
504
-
social contributions
11 323
-
1 399
-
total
15 399
-
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
29 892
2 336
3 695
3 848
After tax
-22 392
5 164
3 805
3 652
Living cost
30 798
30 798
30 798
30 798
Free-cash
-53 190
-25 634
-26 993
-27 146

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47289
-₽37052
-₽33409
-₽50071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
31
health
-
-
-
767
pensions
-
-
-
1 855
total
-
-
-
8 822
Employee
43 964
40 080
40 080
-
other
439
401
101
-
unemployment
1 319
1 202
302
-
pensions
4 502
4 103
1 027
-
income
3 916
2 956
4 709
-
health
1 701
1 552
387
-
total
11 877
10 214
6 526
-
Employer
43 964
40 080
40 080
-
chamber of commerce
176
160
160
-
health
1 662
1 515
380
-
pensions
5 518
5 031
1 260
-
accident
571
521
32
-
unemployment
1 319
1 202
302
-
surtax
-
-
-
-
payroll
1 319
1 202
1 202
-
other
2 088
1 903
1 649
-
total
12 653
11 534
4 985
-
Corporate
3 817
3 817
3 817
-
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.

954
954
954
-
total
954
954
954
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
25 484
22 702
12 465
8 822
After tax
-17 984
-15 202
-4 965
-1 322
Living cost
32 087
32 087
32 087
32 087
Free-cash
-50 071
-47 289
-37 052
-33 409

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5559
-₽6684
-₽5259
-₽8355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
15 855
-
7 500
-
income
3 171
-
1 500
-
total
3 171
-
1 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 171
375
1 500
75
After tax
4 329
7 125
6 000
7 425
Living cost
12 684
12 684
12 684
12 684
Free-cash
-8 355
-5 559
-6 684
-5 259

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21812
-₽22728
-₽22457
-₽43900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
11
health
-
-
-
739
pensions
-
-
-
1 370
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.

44 474
-
6 490
-
unemployment
63
-
10
-
pensions
6 894
-
1 006
-
income
7 670
-
809
-
health
2 872
-
418
-
total
17 499
-
2 243
-
Employer

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

44 474
-
6 490
-
health
2 962
-
431
-
pensions
3 936
-
574
-
unemployment
27
-
4
-
total
6 925
-
1 009
-
Corporate
-
7 500
-
-
income
-
1 426
-
-
total
-
1 426
-
-
Dividends
-
6 074
-
-
withholding
-
910
-
-
total
-
910
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 424
2 336
3 252
2 981
After tax
-16 924
5 164
4 248
4 519
Living cost
26 976
26 976
26 976
26 976
Free-cash
-43 900
-21 812
-22 728
-22 457

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
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.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39440
-₽49919
-₽38952
-₽144557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 424
social contributions
-
-
-
1 025
total
-
-
-
2 449
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
2 937
13 416
2 449
After tax
-100 554
4 563
-5 916
5 051
Living cost
44 003
44 003
44 003
44 003
Free-cash
-144 557
-39 440
-49 919
-38 952

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27281
-₽26935
-₽27091
-₽49743
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 607
total
-
-
-
3 044
Employee
46 257
-
6 061
-
surtax
-
-
-
-
social contributions
5 088
-
666
-
income
9 622
-
783
-
total
14 710
-
1 449
-
Employer
46 257
-
6 061
-
social contributions
10 986
-
1 439
-
total
10 986
-
1 439
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
surtax
-
-
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
25 696
3 234
2 888
3 044
After tax
-18 196
4 266
4 612
4 456
Living cost
31 547
31 547
31 547
31 547
Free-cash
-49 743
-27 281
-26 935
-27 091

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44794
-₽43672
-₽45588
-₽75165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
233
surtax
-
-
-
-
social contributions
-
-
-
214
health
-
-
-
267
pensions
-
-
-
3 798
total
-
-
-
4 512
Employee
62 992
-
5 715
-
pensions
7 125
-
647
-
surtax
-
-
-
-
social contributions
1 794
-
164
-
income
5 496
-
-
-
total
14 415
-
811
-
Employer
62 992
-
5 715
-
health
4 409
-
401
-
pensions
10 350
-
939
-
unemployment
2 552
-
231
-
social contributions
189
-
17
-
other
2 174
-
197
-
total
19 674
-
1 785
-
Corporate
-
7 500
-
-
income
-
2 099
-
-
surtax
-
-
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
surtax
-
-
-
-
social contributions
-
928
-
-
withholding
-
691
-
-
total
-
1 619
-
-
Income
7 500
7 500
7 500
7 500
Total tax
34 089
3 718
2 596
4 512
After tax
-26 589
3 782
4 904
2 988
Living cost
48 576
48 576
48 576
48 576
Free-cash
-75 165
-44 794
-43 672
-45 588

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23482
-₽24160
-₽24383
-₽29845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 651
total
-
-
-
1 651
Employee
32 334
-
6 494
-
income
-
-
-
-
social contributions
2 101
-
422
-
total
2 101
-
422
-
Employer
32 334
-
6 494
-
social contributions
5 012
-
1 006
-
total
5 012
-
1 006
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 113
750
1 428
1 651
After tax
387
6 750
6 072
5 849
Living cost
30 232
30 232
30 232
30 232
Free-cash
-29 845
-23 482
-24 160
-24 383

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽211526
-₽211526
-₽42315
-₽211526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
labour market
-
-
-
530
municipal
-
-
-
-
national
-
-
-
-
pensions
-
-
-
871
total
-
-
-
1 401
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
170 612
170 612
170 612
1 401
After tax
-163 112
-163 112
-163 112
6 099
Living cost
48 414
48 414
48 414
48 414
Free-cash
-211 526
-211 526
-211 526
-42 315

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21463
-₽18109
-₽21734
-₽34293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
257
income
-
-
-
73
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
7 164
Employee
34 717
-
6 230
-
pensions
3 909
-
701
-
income
4 763
-
855
-
health
3 975
-
713
-
total
12 647
-
2 269
-
Employer
34 717
-
6 230
-
pensions
5 645
-
1 013
-
accident
580
-
104
-
unemployment
851
-
153
-
total
7 076
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 723
6 893
3 539
7 164
After tax
-12 223
607
3 961
336
Living cost
22 070
22 070
22 070
22 070
Free-cash
-34 293
-21 463
-18 109
-21 734

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33422
-₽33866
-₽32462
-₽55398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 349
national
-
-
-
-
total
-
-
-
1 349
Employee
52 914
-
6 311
-
municipal
8 667
-
1 042
-
unemployment
794
-
95
-
pensions
3 571
-
426
-
national
874
-
-
-
health
395
-
-
-
total
14 301
-
1 563
-
Employer
52 914
-
6 311
-
health
407
-
48
-
pensions
9 180
-
1 096
-
accident
53
-
6
-
unemployment
344
-
40
-
total
9 984
-
1 190
-
Corporate
-
7 500
-
-
income
-
1 500
-
-
total
-
1 500
-
-
Dividends

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

-
4 500
-
-
municipal
-
809
-
-
national
-
-
-
-
total
-
809
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 285
2 309
2 753
1 349
After tax
-16 785
5 191
4 747
6 151
Living cost
38 613
38 613
38 613
38 613
Free-cash
-55 398
-33 422
-33 866
-32 462

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38529
-₽29736
-₽22725
-₽31305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
38 234
income
-
-
-
-
social contributions
-
-
-
5 964
health
-
-
-
975
total
-
-
-
6 939
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
2 164
-
income
8 421
7 159
8 696
-
health
599
1 315
443
-
total
11 944
14 893
11 303
-
Employer
77 337
77 337
77 337
-
health
651
1 431
483
-
social contributions
2 924
6 419
2 164
-
total
3 575
7 850
2 647
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 519
22 743
13 950
6 939
After tax
-8 019
-15 243
-6 450
561
Living cost
23 286
23 286
23 286
23 286
Free-cash
-31 305
-38 529
-29 736
-22 725

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9759
-₽14613
-₽18535
-₽17961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
10 067
Employee

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

23 085
-
5 694
-
unemployment
115
-
88
-
pensions
3 462
-
2 628
-
income
1 578
-
134
-
health
1 962
-
1 489
-
total
7 117
-
4 339
-
Employer

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

23 085
-
5 694
-
health
992
-
754
-
pensions
1 269
-
964
-
unemployment
115
-
88
-
total
2 376
-
1 806
-
Corporate
-
7 500
-
-
income
-
676
-
-
total
-
676
-
-
Dividends
-
6 824
-
-
withholding
-
615
-
-
total
-
615
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 493
1 291
6 145
10 067
After tax
-1 993
6 209
1 355
-2 567
Living cost
15 968
15 968
15 968
15 968
Free-cash
-17 961
-9 759
-14 613
-18 535

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22493
-₽32997
-₽26838
-₽41544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
195
income
-
-
-
193
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
6 681
Employee
37 188
-
-
-
other
36
-
34
-
unemployment
576
-
521
-
pensions
1 748
-
1 578
-
income
7 170
-
-
-
total
9 530
-
2 133
-
Employer
37 188
-
-
-
pensions
8 776
-
7 926
-
accident
737
-
664
-
unemployment
2 046
-
1 848
-
other
298
-
269
-
total
11 857
-
10 707
-
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.

-
1 124
-
-
total
-
1 124
-
-
Dividends
-
6 376
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 387
2 336
12 840
6 681
After tax
-13 887
5 164
-5 340
819
Living cost
27 657
27 657
27 657
27 657
Free-cash
-41 544
-22 493
-32 997
-26 838

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2721
₽1876
₽1765
₽2400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 311
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
3 776
Employee
2 983
-
6 122
-
unemployment
30
-
61
-
pensions
268
-
551
-
income
577
-
1 370
-
health
149
-
306
-
total
1 024
-
2 288
-
Employer
2 983
-
6 122
-
health
283
-
582
-
pensions
328
-
673
-
unemployment
60
-
122
-
total
671
-
1 377
-
Corporate
3 846
7 500
-
-
income
846
1 650
-
-
total
846
1 650
-
-
Dividends
3 000
5 850
-
-
withholding
600
1 170
-
-
total
600
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 141
2 820
3 665
3 776
After tax
4 359
4 680
3 835
3 724
Living cost
1 959
1 959
1 959
1 959
Free-cash
2 400
2 721
1 876
1 765

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11974
-₽12510
-₽12895
-₽23423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167
unemployment
-
-
-
112
health
-
-
-
773
pensions
-
-
-
1 950
total
-
-
-
3 002
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.

26 227
-
6 361
-
unemployment
197
-
48
-
pensions
3 672
-
891
-
income
3 615
-
211
-
health
1 351
-
328
-
total
8 835
-
1 478
-
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.

26 227
-
6 361
-
health
1 351
-
328
-
pensions
3 147
-
763
-
unemployment
197
-
48
-
total
4 695
-
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
13 530
2 081
2 617
3 002
After tax
-6 030
5 419
4 883
4 498
Living cost
17 393
17 393
17 393
17 393
Free-cash
-23 423
-11 974
-12 510
-12 895

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22848
-₽22502
-₽22658
-₽40805
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
2 607
total
-
-
-
3 044
Employee
39 035
-
6 061
-
surtax
-
-
-
-
social contributions
4 294
-
666
-
income
7 627
-
783
-
total
11 921
-
1 449
-
Employer
39 035
-
6 061
-
social contributions
9 270
-
1 439
-
total
9 270
-
1 439
-
Corporate
-
7 500
-
-
income
-
1 575
-
-
surtax
-
-
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 191
3 234
2 888
3 044
After tax
-13 691
4 266
4 612
4 456
Living cost
27 114
27 114
27 114
27 114
Free-cash
-40 805
-22 848
-22 502
-22 658

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30182
-₽40686
-₽34527
-₽56560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
195
income
-
-
-
193
other
-
-
-
21
unemployment
-
-
-
151
pensions
-
-
-
6 121
total
-
-
-
6 681
Employee
48 573
-
-
-
other
48
-
34
-
unemployment
752
-
521
-
pensions
2 283
-
1 578
-
income
10 145
-
-
-
total
13 228
-
2 133
-
Employer
48 573
-
-
-
pensions
11 463
-
7 926
-
accident
962
-
664
-
unemployment
2 672
-
1 848
-
other
389
-
269
-
total
15 486
-
10 707
-
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.

-
1 124
-
-
total
-
1 124
-
-
Dividends
-
6 376
-
-
withholding
-
1 212
-
-
total
-
1 212
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 714
2 336
12 840
6 681
After tax
-21 214
5 164
-5 340
819
Living cost
35 346
35 346
35 346
35 346
Free-cash
-56 560
-30 182
-40 686
-34 527

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10912
-₽12685
-₽12953
-₽19941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
30
health
-
-
-
863
pensions

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

-
-
-
1 110
total
-
-
-
3 128
Employee
22 941
-
6 211
-
accident

We are using the highest rate at 1.1%.

252
-
72
-
pensions

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

2 014
-
577
-
income
2 294
-
621
-
health
1 055
-
302
-
total
5 615
-
1 572
-
Employer
22 941
-
6 211
-
health
1 583
-
453
-
pensions

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

2 528
-
724
-
accident

We are using the highest rate at 1.1%.

252
-
72
-
unemployment
138
-
39
-
total
4 501
-
1 288
-
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
10 116
1 087
2 860
3 128
After tax
-2 616
6 413
4 640
4 372
Living cost
17 325
17 325
17 325
17 325
Free-cash
-19 941
-10 912
-12 685
-12 953

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34690
-₽38200
-₽38200
-₽42542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
-
surtax

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

-
-
-
-
health

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

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

-
-
-
6 871
trade
-
-
-
-
total
-
-
-
6 871
Employee

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

50 042
-
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.

227
-
-
-
income

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

4 115
-
-
-
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.

6 871
-
6 871
-
total
11 213
-
6 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
1 124
-
-
surtax

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

-
61
-
-
chamber of commerce
-
164
-
-
trade
-
1 076
-
-
total
-
2 425
-
-
Dividends
-
5 074
-
-
surtax

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

-
50
-
-
withholding
-
886
-
-
total
-
936
-
-
Income
7 500
7 500
7 500
7 500
Total tax
11 213
3 361
6 871
6 871
After tax
-3 713
4 139
629
629
Living cost
38 829
38 829
38 829
38 829
Free-cash
-42 542
-34 690
-38 200
-38 200

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52042
-₽49792
-₽49792
-₽71173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
78 672
-
7 500
-
income
14 845
-
-
-
social contributions
6 536
-
-
-
total
21 381
-
-
-
Employer
78 672
-
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
21 381
2 250
-
-
After tax
-13 881
5 250
7 500
7 500
Living cost
57 292
57 292
57 292
57 292
Free-cash
-71 173
-52 042
-49 792
-49 792

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34635
-₽32505
-₽63715
-₽46263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
5 752
-
income
5 006
-
-
-
social contributions
4 623
-
1 748
-
total
9 629
-
1 748
-
Employer
46 138
-
5 752
-
social contributions
4 623
-
1 748
-
total
4 623
-
1 748
-
Corporate
-
7 500
-
-
income
-
2 624
-
-
total
-
2 624
-
-
Dividends
-
4 876
-
-
social contributions
3 002
3 002
-
-
total
3 002
3 002
-
-
Income
7 500
7 500
7 500
7 500
Total tax
17 254
5 626
3 496
34 706
After tax
-9 754
1 874
4 004
-27 206
Living cost
36 509
36 509
36 509
36 509
Free-cash
-46 263
-34 635
-32 505
-63 715

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31513
-₽31247
-₽31132
-₽49589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 499
pensions
-
-
-
-
total
-
-
-
1 499
Employee
50 971
-
7 359
-
pensions
3 890
-
-
-
income
9 282
-
1 473
-
health
665
-
-
-
total
13 837
-
1 473
-
Employer
50 971
-
7 359
-
health
969
-
141
-
pensions
5 150
-
-
-
total
6 119
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 424
-
-
total
-
1 424
-
-
Dividends
-
6 076
-
-
withholding
-
456
-
-
total
-
456
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 956
1 880
1 614
1 499
After tax
-12 456
5 620
5 886
6 001
Living cost
37 133
37 133
37 133
37 133
Free-cash
-49 589
-31 513
-31 247
-31 132

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽23648
-₽20294
-₽23919
-₽38429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
accident
-
-
-
257
income
-
-
-
73
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
7 164
Employee
38 154
-
6 230
-
pensions
4 296
-
701
-
income
5 234
-
855
-
health
4 368
-
713
-
total
13 898
-
2 269
-
Employer
38 154
-
6 230
-
pensions
6 204
-
1 013
-
accident
637
-
104
-
unemployment
935
-
153
-
total
7 776
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
143
-
-
total
-
143
-
-
Income
7 500
7 500
7 500
7 500
Total tax
21 674
6 893
3 539
7 164
After tax
-14 174
607
3 961
336
Living cost
24 255
24 255
24 255
24 255
Free-cash
-38 429
-23 648
-20 294
-23 919

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7214
-₽8902
-₽8902
-₽14242
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

21 742
-
7 500
-
health insurance
1 609
-
555
-
unemployment
261
-
90
-
work injury
109
-
38
-
pensions
4 000
-
1 380
-
income
2 174
-
750
-
total
8 153
-
2 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
1 125
-
-
total
-
1 125
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 153
1 125
2 813
2 813
After tax
-653
6 375
4 687
4 687
Living cost
13 589
13 589
13 589
13 589
Free-cash
-14 242
-7 214
-8 902
-8 902

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and 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.
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Source of data for Skopje model

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Rome , Italy
-₽36116
-₽42786
-₽40362
-₽77252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
7 795
regional
-
-
-
-
municipal
-
-
-
-
national
-
-
-
-
total
-
-
-
7 795
Employee
84 751
-
7 500
-
municipal
506
-
-
-
national
14 322
-
-
-
regional
1 280
-
-
-
social contributions
28 577
-
10 219
-
total
44 685
-
10 219
-
Employer
84 751
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
361
-
-
nationa
-
1 800
-
-
total
-
2 161
-
-
Dividends
-
5 339
-
-
withholding
-
1 388
-
-
total
-
1 388
-
-
Income
7 500
7 500
7 500
7 500
Total tax
44 685
3 549
10 219
7 795
After tax
-37 185
3 951
-2 719
-295
Living cost
40 067
40 067
40 067
40 067
Free-cash
-77 252
-36 116
-42 786
-40 362

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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