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
-₽27124
-₽24213
-₽27124
-₽28176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax

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

-
-
-
-
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
6 372
total
-
-
-
6 372
Employee

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

35 675
-
7 500
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
-
-
income

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

997
-
-
-
total
7 424
-
6 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
chamber of commerce
-
152
-
-
trade
-
1 181
-
-
surtax

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

-
62
-
-
income
-
1 126
-
-
total
-
2 521
-
-
Dividends
-
4 979
-
-
withholding
-
890
-
-
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
-
-
total
-
940
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 424
3 461
6 372
6 372
After tax
76
4 039
1 128
1 128
Living cost
28 252
28 252
28 252
28 252
Free-cash
-28 176
-24 213
-27 124
-27 124

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43085
-₽45057
-₽43218
-₽76598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
-
social contributions
-
-
-
81
national
-
-
-
-
pensions
-
-
-
900
total
-
-
-
981
Employee
77 101
-
6 484
-
pensions
3 084
-
259
-
national
14 757
-
-
-
municipal
9 523
-
-
-
total
27 364
-
259
-
Employer
77 101
-
6 484
-
pensions
6 168
-
519
-
social contributions
829
-
70
-
total
6 997
-
589
-
Corporate
-
7 500
-
-
income

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

-
1 500
-
-
total
-
1 500
-
-
Dividends
-
6 000
-
-
withholding
-
1 320
-
-
total
-
1 320
-
-
Income
7 500
7 500
7 500
7 500
Total tax
34 361
2 820
848
981
After tax
-26 861
4 680
6 652
6 519
Living cost
49 737
49 737
49 737
49 737
Free-cash
-76 598
-45 057
-43 085
-43 218

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15968
-₽13404
-₽15967
-₽26320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
1 126
surtax
-
-
-
-
social contributions

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

-
-
-
2 936
income
-
-
-
-
total
-
-
-
4 062
Employee
27 255
-
5 300
-
social contributions

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

2 998
-
1 005
-
surtax
-
-
-
-
income
4 852
-
858
-
total
7 850
-
1 863
-
Employer
27 255
-
5 300
-
surtax
-
-
-
-
social contributions

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

6 565
-
2 200
-
total
6 565
-
2 200
-
Corporate
-
7 500
-
-
income

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

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

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

-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 415
1 499
4 063
4 062
After tax
-6 915
6 001
3 437
3 438
Living cost
19 405
19 405
19 405
19 405
Free-cash
-26 320
-13 404
-15 968
-15 967

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85122
-₽79886
-₽34748
-₽85122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
674
pensions
-
-
-
1 349
health
-
-
-
1 152
total
-
-
-
3 175
Employee
79 651
79 651
79 651
-
health
12 226
10 399
12 226
-
pensions
14 337
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
39 601
-
Employer
79 651
79 651
79 651
-
unemployment
2 867
2 867
2 867
-
health
5 537
5 537
5 537
-
pensions
5 544
5 544
5 544
-
total
13 948
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
53 549
48 313
53 549
3 175
After tax
-46 049
-40 813
-46 049
4 325
Living cost
39 073
39 073
39 073
39 073
Free-cash
-85 122
-79 886
-85 122
-34 748

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33679
-₽33589
-₽33946
-₽63067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
1 589
other
-
-
-
872
unemployment
-
-
-
7
national
-
-
-
-
pensions
-
-
-
811
accident
-
-
-
15
health
-
-
-
468
total
-
-
-
3 762
Employee
53 696
-
5 707
-
national
-
-
-
-
municipal
16 012
-
1 702
-
total
16 012
-
1 702
-
Employer
53 696
-
5 707
-
unemployment
1 418
-
151
-
accident
107
-
11
-
health
3 302
-
351
-
pensions
5 804
-
617
-
other
6 240
-
663
-
total
16 871
-
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
32 883
3 405
3 495
3 762
After tax
-25 383
4 095
4 005
3 738
Living cost
37 684
37 684
37 684
37 684
Free-cash
-63 067
-33 589
-33 679
-33 946

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35514
-₽32642
-₽35514
-₽39801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax

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

-
-
-
-
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
6 372
total
-
-
-
6 372
Employee

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

47 301
-
7 500
-
health

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

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

6 372
-
6 372
-
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.

223
-
-
-
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.

4 064
-
-
-
total
10 659
-
6 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
chamber of commerce
-
152
-
-
trade
-
1 234
-
-
surtax

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

-
62
-
-
income
-
1 126
-
-
total
-
2 574
-
-
Dividends
-
4 926
-
-
withholding
-
878
-
-
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
-
-
total
-
926
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 659
3 500
6 372
6 372
After tax
-3 159
4 000
1 128
1 128
Living cost
36 642
36 642
36 642
36 642
Free-cash
-39 801
-32 642
-35 514
-35 514

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35690
-₽43846
-₽29188
-₽38744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 458
social contributions
-
-
-
5 531
income
-
-
-
-
health
-
-
-
904
total
-
-
-
6 435
Employee
71 723
71 723
71 723
-
health
713
1 220
411
-
social contributions
3 485
5 953
2 007
-
income
7 531
6 639
8 064
-
total
11 729
13 812
10 482
-
Employer
71 723
71 723
71 723
-
health
777
1 328
448
-
social contributions
3 485
5 953
2 007
-
total
4 262
7 281
2 455
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
15 991
21 093
12 937
6 435
After tax
-8 491
-13 593
-5 437
1 065
Living cost
30 253
30 253
30 253
30 253
Free-cash
-38 744
-43 846
-35 690
-29 188

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13241
-₽14023
-₽11507
-₽21314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
unemployment
-
-
-
112
income
-
-
-
917
pensions
-
-
-
750
health
-
-
-
525
total
-
-
-
2 304
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.

24 110
9 596
9 596
-
health
1 688
672
516
-
pensions
2 411
960
738
-
unemployment
362
144
111
-
income
2 948
1 173
1 235
-
total
7 409
2 949
2 600
-
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.

24 110
9 596
9 596
-
pensions
4 702
1 871
1 438
-
total
4 702
1 871
1 438
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
social contributions
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 111
4 820
4 038
2 304
After tax
-4 611
2 680
3 462
5 196
Living cost
16 703
16 703
16 703
16 703
Free-cash
-21 314
-14 023
-13 241
-11 507

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19001
-₽16528
-₽18534
-₽27903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
pensions
-
-
-
2 124
health
-
-
-
1 381
total
-
-
-
3 505
Employee
26 460
-
3 910
-
unemployment
423
-
170
-
pensions
529
-
212
-
income
2 979
-
-
-
total
3 931
-
382
-
Employer
26 460
-
3 910
-
unemployment
212
-
85
-
health
3 439
-
1 381
-
pensions
5 292
-
2 124
-
total
8 943
-
3 590
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends
-
6 001
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 874
1 499
3 972
3 505
After tax
-5 374
6 001
3 528
3 995
Living cost
22 529
22 529
22 529
22 529
Free-cash
-27 903
-16 528
-19 001
-18 534

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16868
-₽20221
-₽20084
-₽31943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
161
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
6 755
Employee
32 765
-
6 230
-
health
3 752
-
713
-
pensions
3 689
-
701
-
income
4 495
-
855
-
total
11 936
-
2 269
-
Employer
32 765
-
6 230
-
unemployment
803
-
153
-
accident
547
-
104
-
pensions
5 328
-
1 013
-
total
6 678
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 614
6 892
3 539
6 755
After tax
-11 114
608
3 961
745
Living cost
20 829
20 829
20 829
20 829
Free-cash
-31 943
-20 221
-16 868
-20 084

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1554
-₽429
-₽129
-₽1942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
9 443
-
7 500
-
income
1 888
-
1 500
-
total
1 888
-
1 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

-
7 500
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
375
-
-
total
-
375
-
-
Income
7 500
7 500
7 500
7 500
Total tax
1 888
375
1 500
75
After tax
5 612
7 125
6 000
7 425
Living cost
7 554
7 554
7 554
7 554
Free-cash
-1 942
-429
-1 554
-129

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20577
-₽19342
-₽21498
-₽34900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
481
income
-
-
-
788
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.

-
-
-
2 430
health
-
-
-
446
total
-
-
-
4 145
Employee
33 866
-
5 827
-
health
474
-
81
-
pensions

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

2 370
-
409
-
unemployment
338
-
58
-
income
5 830
-
1 004
-
total
9 012
-
1 552
-
Employer
33 866
-
5 827
-
unemployment
338
-
58
-
accident
271
-
46
-
health
474
-
81
-
pensions

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

5 758
-
991
-
other
1 694
-
496
-
total
8 535
-
1 672
-
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
17 547
1 989
3 224
4 145
After tax
-10 047
5 511
4 276
3 355
Living cost
24 853
24 853
24 853
24 853
Free-cash
-34 900
-19 342
-20 577
-21 498

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽56920
-₽57186
-₽56805
-₽93541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
88 860
-
7 359
-
health
1 464
-
-
-
pensions
8 573
-
-
-
income
16 018
-
1 473
-
total
26 055
-
1 473
-
Employer
88 860
-
7 359
-
health
1 688
-
141
-
pensions
10 492
-
-
-
total
12 180
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
455
-
-
total
-
455
-
-
Income
7 500
7 500
7 500
7 500
Total tax
38 235
1 880
1 614
1 499
After tax
-30 735
5 620
5 886
6 001
Living cost
62 806
62 806
62 806
62 806
Free-cash
-93 541
-57 186
-56 920
-56 805

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7499
-₽5822
-₽7862
-₽11877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
unemployment
-
-
-
30
income
-
-
-
1 125
pensions

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

-
-
-
1 110
health
-
-
-
863
total
-
-
-
3 128
Employee
16 200
-
6 270
-
health
745
-
289
-
accident

We are using the highest rate at 1.1%.

178
-
69
-
pensions

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

1 422
-
550
-
income
1 620
-
627
-
total
3 965
-
1 535
-
Employer
16 200
-
6 270
-
unemployment
97
-
38
-
accident

We are using the highest rate at 1.1%.

178
-
69
-
health
1 118
-
432
-
pensions

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

1 785
-
691
-
total
3 178
-
1 230
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 143
1 088
2 765
3 128
After tax
357
6 412
4 735
4 372
Living cost
12 234
12 234
12 234
12 234
Free-cash
-11 877
-5 822
-7 499
-7 862

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽97770
-₽92534
-₽47396
-₽94115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
674
pensions
-
-
-
1 349
health
-
-
-
1 152
total
-
-
-
3 175
Employee
86 476
79 651
79 651
-
health
10 788
10 399
12 226
-
pensions
10 928
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
39 601
-
Employer
86 476
79 651
79 651
-
unemployment
3 113
2 867
2 867
-
health
6 009
5 537
5 537
-
pensions
6 018
5 544
5 544
-
total
15 140
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
49 894
48 313
53 549
3 175
After tax
-42 394
-40 813
-46 049
4 325
Living cost
51 721
51 721
51 721
51 721
Free-cash
-94 115
-92 534
-97 770
-47 396

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18986
-₽17627
-₽19138
-₽37413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 190
income
-
-
-
645
health
-
-
-
1 012
total
-
-
-
3 847
Employee
33 517
-
5 597
-
health
4 525
-
756
-
social contributions
2 179
-
364
-
solidarity contribution
-
-
-
-
income
4 022
-
672
-
total
10 726
-
1 792
-
Employer
33 517
-
5 597
-
health
3 017
-
504
-
social contributions
8 379
-
1 399
-
total
11 396
-
1 903
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 122
2 336
3 695
3 847
After tax
-14 622
5 164
3 805
3 653
Living cost
22 791
22 791
22 791
22 791
Free-cash
-37 413
-17 627
-18 986
-19 138

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽41335
-₽35355
-₽39155
-₽75395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
2
social contributions
-
-
-
7 229
national
-
-
-
62
regional
-
-
-
4
total
-
-
-
7 297
Employee
82 895
-
7 500
-
social contributions
27 952
-
9 477
-
national
14 364
-
-
-
regional
782
-
-
-
municipal
439
-
-
-
total
43 537
-
9 477
-
Employer
82 895
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
292
-
-
nationa
-
1 800
-
-
total
-
2 092
-
-
Dividends
-
5 408
-
-
withholding
-
1 405
-
-
total
-
1 405
-
-
Income
7 500
7 500
7 500
7 500
Total tax
43 537
3 497
9 477
7 297
After tax
-36 037
4 003
-1 977
203
Living cost
39 358
39 358
39 358
39 358
Free-cash
-75 395
-35 355
-41 335
-39 155

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18288
-₽15865
-₽17451
-₽29838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
782
pensions
-
-
-
2 490
health
-
-
-
885
total
-
-
-
4 369
Employee
30 845
-
4 880
-
health
788
-
317
-
pensions
2 057
-
830
-
unemployment
2 147
-
866
-
surtax
101
-
-
-
other
-
-
-
-
income
5 170
-
573
-
total
10 263
-
2 586
-
Employer
30 845
-
4 880
-
unemployment
977
-
395
-
health
1 404
-
566
-
pensions
4 112
-
1 659
-
other
-
-
-
-
total
6 493
-
2 620
-
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
16 756
2 783
5 206
4 369
After tax
-9 256
4 717
2 294
3 131
Living cost
20 582
20 582
20 582
20 582
Free-cash
-29 838
-15 865
-18 288
-17 451

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and 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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽37021
-₽37287
-₽36906
-₽59630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 552
-
7 359
-
health
864
-
-
-
pensions
5 055
-
-
-
income
10 726
-
1 473
-
total
16 645
-
1 473
-
Employer
59 552
-
7 359
-
health
1 131
-
141
-
pensions
6 447
-
-
-
total
7 578
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
455
-
-
total
-
455
-
-
Income
7 500
7 500
7 500
7 500
Total tax
24 223
1 880
1 614
1 499
After tax
-16 723
5 620
5 886
6 001
Living cost
42 907
42 907
42 907
42 907
Free-cash
-59 630
-37 287
-37 021
-36 906

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽70247
-₽70341
-₽67428
-₽87056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
76
other

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

-
-
-
150
national
-
-
-
-
pensions
-
-
-
690
regional
-
-
-
-
health
-
-
-
241
total
-
-
-
1 157
Employee
86 331
-
5 420
-
health
195
-
11
-
pensions
7 253
-
1 902
-
unemployment
-
-
-
-
city
927
-
42
-
national
409
-
-
-
regional
2 827
-
-
-
total
11 611
-
1 955
-
Employer
86 331
-
5 420
-
unemployment
-
-
-
-
health
195
-
11
-
pensions
7 253
-
1 902
-
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.

1 726
-
108
-
total
9 174
-
2 021
-
Corporate
-
7 500
-
-
regional
-
1 586
-
-
national
-
637
-
-
total
-
2 223
-
-
Dividends
-
5 278
-
-
withholding
-
1 847
-
-
total
-
1 847
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 785
4 070
3 976
1 157
After tax
-13 285
3 430
3 524
6 343
Living cost
73 771
73 771
73 771
73 771
Free-cash
-87 056
-70 341
-70 247
-67 428

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41601
-₽38768
-₽41601
-₽48556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax

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

-
-
-
-
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
6 372
total
-
-
-
6 372
Employee

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

56 055
-
7 500
-
health

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

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

6 372
-
6 372
-
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.

363
-
-
-
income

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

6 592
-
-
-
total
13 327
-
6 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
chamber of commerce
-
152
-
-
trade
-
1 287
-
-
surtax

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

-
62
-
-
income
-
1 126
-
-
total
-
2 627
-
-
Dividends
-
4 873
-
-
withholding
-
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.

-
48
-
-
total
-
912
-
-
Income
7 500
7 500
7 500
7 500
Total tax
13 327
3 539
6 372
6 372
After tax
-5 827
3 961
1 128
1 128
Living cost
42 729
42 729
42 729
42 729
Free-cash
-48 556
-38 768
-41 601
-41 601

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27007
-₽28132
-₽28667
-₽44886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
other
-
-
-
232
social contributions
-
-
-
214
income
-
-
-
-
pensions
-
-
-
3 561
health
-
-
-
248
total
-
-
-
4 255
Employee
39 919
-
5 716
-
social contributions
1 138
-
163
-
pensions
4 514
-
648
-
surtax
-
-
-
-
income
2 356
-
-
-
total
8 008
-
811
-
Employer
39 919
-
5 716
-
unemployment
1 616
-
232
-
health
2 795
-
400
-
pensions
6 558
-
938
-
other
1 377
-
196
-
social contributions
120
-
18
-
total
12 466
-
1 784
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 099
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
withholding
-
692
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 474
3 720
2 595
4 255
After tax
-12 974
3 780
4 905
3 245
Living cost
31 912
31 912
31 912
31 912
Free-cash
-44 886
-28 132
-27 007
-28 667

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23845
-₽24970
-₽25505
-₽39261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
other
-
-
-
232
social contributions
-
-
-
214
income
-
-
-
-
pensions
-
-
-
3 561
health
-
-
-
248
total
-
-
-
4 255
Employee
35 634
-
5 716
-
social contributions
1 016
-
163
-
pensions
4 030
-
648
-
surtax
-
-
-
-
income
1 837
-
-
-
total
6 883
-
811
-
Employer
35 634
-
5 716
-
unemployment
1 443
-
232
-
health
2 494
-
400
-
pensions
5 855
-
938
-
other
1 230
-
196
-
social contributions
106
-
18
-
total
11 128
-
1 784
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 099
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
withholding
-
692
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 011
3 720
2 595
4 255
After tax
-10 511
3 780
4 905
3 245
Living cost
28 750
28 750
28 750
28 750
Free-cash
-39 261
-24 970
-23 845
-25 505

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14953
-₽16172
-₽15854
-₽26575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
1 627
income
-
-
-
1 126
health
-
-
-
823
total
-
-
-
3 576
Employee
31 625
-
7 500
-
health
2 207
-
823
-
social contributions
4 365
-
1 627
-
income
5 275
-
225
-
total
11 847
-
2 675
-
Employer
31 625
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
375
-
-
total
-
375
-
-
Dividends
-
7 125
-
-
withholding
-
1 069
-
-
health
823
823
-
-
social contributions
1 627
1 627
-
-
total
2 450
3 519
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 297
3 894
2 675
3 576
After tax
-6 797
3 606
4 825
3 924
Living cost
19 778
19 778
19 778
19 778
Free-cash
-26 575
-16 172
-14 953
-15 854

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37115
-₽46607
-₽33733
-₽53596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
184
chamber of commerce
-
-
-
30
unemployment
-
-
-
5 721
income
-
-
-
-
pensions
-
-
-
1 720
health
-
-
-
712
total
-
-
-
8 367
Employee
46 614
37 171
37 171
-
health
1 804
1 439
359
-
pensions
4 774
3 806
952
-
unemployment
1 398
1 115
280
-
other
466
372
94
-
income
5 307
2 742
4 367
-
total
13 749
9 474
6 052
-
Employer
46 614
37 171
37 171
-
unemployment
1 398
1 115
280
-
payroll
1 398
1 115
1 115
-
accident
605
483
35
-
health
1 761
1 405
352
-
pensions
5 850
4 666
1 168
-
other
2 214
1 765
1 529
-
surtax
184
184
184
-
chamber of commerce
186
149
149
-
total
13 596
10 882
4 812
-
Corporate
3 540
3 540
3 540
-
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.

885
885
885
-
total
885
885
885
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 230
21 241
11 749
8 367
After tax
-20 730
-13 741
-4 249
-867
Living cost
32 866
32 866
32 866
32 866
Free-cash
-53 596
-46 607
-37 115
-33 733

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30525
-₽29489
-₽32228
-₽78642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
social contributions
-
-
-
4 917
communal

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

-
-
-
156
national
-
-
-
646
total
-
-
-
5 719
Employee

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

66 719
-
5 808
-
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.

3 135
-
273
-
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.

5 004
-
435
-
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.

581
-
51
-
national
20 512
-
1 262
-
communal

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

3 480
-
303
-
total
32 712
-
2 324
-
Employer

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

66 719
-
5 808
-
unemployment

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

974
-
85
-
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.

867
-
76
-
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.

4 103
-
358
-
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.

5 912
-
515
-
surtax
7 565
-
658
-
total
19 421
-
1 692
-
Corporate
-
7 500
-
-
surtax
-
30
-
-
income
-
1 499
-
-
total
-
1 529
-
-
Dividends
-
5 971
-
-
withholding

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

-
1 451
-
-
total
-
1 451
-
-
Income
7 500
7 500
7 500
7 500
Total tax
52 133
2 980
4 016
5 719
After tax
-44 633
4 520
3 484
1 781
Living cost
34 009
34 009
34 009
34 009
Free-cash
-78 642
-29 489
-30 525
-32 228

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽38094
-₽28522
-₽32482
-₽53729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
unemployment
-
-
-
140
income
-
-
-
281
pensions
-
-
-
5 676
accident
-
-
-
181
total
-
-
-
6 297
Employee
46 429
-
-
-
pensions
2 182
-
1 464
-
unemployment
720
-
483
-
other
46
-
32
-
income
9 796
-
-
-
total
12 744
-
1 979
-
Employer
46 429
-
-
-
unemployment
2 554
-
1 713
-
accident
919
-
616
-
pensions
10 957
-
7 351
-
other
370
-
250
-
total
14 800
-
9 930
-
Corporate
-
7 500
-
-
income

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

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 544
2 337
11 909
6 297
After tax
-20 044
5 163
-4 409
1 203
Living cost
33 685
33 685
33 685
33 685
Free-cash
-53 729
-28 522
-38 094
-32 482

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54019
-₽45556
-₽54017
-₽71573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
income
-
-
-
-
communal
-
-
-
-
pensions
-
-
-
7 101
accident
-
-
-
400
health
-
-
-
3 328
total
-
-
-
10 829
Employee
70 635
-
2 195
-
health
3 144
-
1 975
-
pensions
5 650
-
3 551
-
surtax
4 329
-
-
-
income
6 823
-
-
-
total
19 946
-
5 526
-
Employer
70 635
-
2 195
-
accident
635
-
400
-
health
2 154
-
1 354
-
pensions
5 650
-
3 551
-
total
8 439
-
5 305
-
Corporate
-
7 500
-
-
communal
-
-
-
-
surtax
-
80
-
-
income
-
1 126
-
-
total
-
1 206
-
-
Dividends
-
6 295
-
-
withholding
-
943
-
-
income
-
219
-
-
total
-
1 162
-
-
Income
7 500
7 500
7 500
7 500
Total tax
28 385
2 368
10 831
10 829
After tax
-20 885
5 132
-3 331
-3 329
Living cost
50 688
50 688
50 688
50 688
Free-cash
-71 573
-45 556
-54 019
-54 017

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18656
-₽16233
-₽17819
-₽30525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
782
pensions
-
-
-
2 490
health
-
-
-
885
total
-
-
-
4 369
Employee
31 411
-
4 880
-
health
802
-
317
-
pensions
2 096
-
830
-
unemployment
2 186
-
866
-
surtax
112
-
-
-
other
-
-
-
-
income
5 266
-
573
-
total
10 462
-
2 586
-
Employer
31 411
-
4 880
-
unemployment
997
-
395
-
health
1 428
-
566
-
pensions
4 188
-
1 659
-
other
-
-
-
-
total
6 613
-
2 620
-
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
17 075
2 783
5 206
4 369
After tax
-9 575
4 717
2 294
3 131
Living cost
20 950
20 950
20 950
20 950
Free-cash
-30 525
-16 233
-18 656
-17 819

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27103
-₽21183
-₽24924
-₽44241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
2
social contributions
-
-
-
7 229
national
-
-
-
62
regional
-
-
-
5
total
-
-
-
7 298
Employee
51 740
-
7 500
-
social contributions
17 447
-
9 477
-
national
8 197
-
-
-
regional
697
-
-
-
municipal
274
-
-
-
total
26 615
-
9 477
-
Employer
51 740
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
municipal
-
373
-
-
nationa
-
1 800
-
-
total
-
2 173
-
-
Dividends
-
5 326
-
-
withholding
-
1 384
-
-
total
-
1 384
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 615
3 557
9 477
7 298
After tax
-19 115
3 943
-1 977
202
Living cost
25 126
25 126
25 126
25 126
Free-cash
-44 241
-21 183
-27 103
-24 924

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24280
-₽22921
-₽24432
-₽47844
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
2 190
income
-
-
-
645
health
-
-
-
1 012
total
-
-
-
3 847
Employee
41 301
-
5 597
-
health
5 576
-
756
-
social contributions
2 685
-
364
-
solidarity contribution
-
-
-
-
income
4 956
-
672
-
total
13 217
-
1 792
-
Employer
41 301
-
5 597
-
health
3 717
-
504
-
social contributions
10 325
-
1 399
-
total
14 042
-
1 903
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
911
-
-
total
-
911
-
-
Income
7 500
7 500
7 500
7 500
Total tax
27 259
2 336
3 695
3 847
After tax
-19 759
5 164
3 805
3 653
Living cost
28 085
28 085
28 085
28 085
Free-cash
-47 844
-22 921
-24 280
-24 432

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33824
-₽43314
-₽30440
-₽45890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
chamber of commerce
-
-
-
30
unemployment
-
-
-
5 721
income
-
-
-
-
pensions
-
-
-
1 720
health
-
-
-
712
total
-
-
-
8 183
Employee
40 772
37 171
37 171
-
health
1 577
1 439
359
-
pensions
4 176
3 806
952
-
unemployment
1 223
1 115
280
-
other
407
372
94
-
income
3 632
2 742
4 367
-
total
11 015
9 474
6 052
-
Employer
40 772
37 171
37 171
-
unemployment
1 223
1 115
280
-
payroll
1 223
1 115
1 115
-
accident
529
483
37
-
health
1 542
1 405
352
-
pensions
5 117
4 666
1 168
-
other
1 936
1 765
1 529
-
surtax
-
-
-
-
chamber of commerce
163
149
149
-
total
11 733
10 698
4 630
-
Corporate
3 540
3 540
3 540
-
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.

885
885
885
-
total
885
885
885
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 633
21 057
11 567
8 183
After tax
-16 133
-13 557
-4 067
-683
Living cost
29 757
29 757
29 757
29 757
Free-cash
-45 890
-43 314
-33 824
-30 440

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5772
-₽4647
-₽4347
-₽7215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
microenterprise

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

-
-
-
75
total
-
-
-
75
Employee
14 715
-
7 500
-
income
2 943
-
1 500
-
total
2 943
-
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
2 943
375
1 500
75
After tax
4 557
7 125
6 000
7 425
Living cost
11 772
11 772
11 772
11 772
Free-cash
-7 215
-4 647
-5 772
-4 347

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20769
-₽19855
-₽20497
-₽40168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
7 500
unemployment
-
-
-
11
income
-
-
-
860
pensions
-
-
-
1 370
health
-
-
-
738
total
-
-
-
2 979
Employee

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

41 246
-
6 488
-
health
2 664
-
419
-
pensions
6 393
-
1 005
-
unemployment
58
-
9
-
income
7 113
-
809
-
total
16 228
-
2 242
-
Employer

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

41 246
-
6 488
-
unemployment
25
-
4
-
health
2 747
-
432
-
pensions
3 650
-
573
-
total
6 422
-
1 009
-
Corporate
-
7 500
-
-
income
-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
912
-
-
total
-
912
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 650
2 337
3 251
2 979
After tax
-15 150
5 163
4 249
4 521
Living cost
25 018
25 018
25 018
25 018
Free-cash
-40 168
-19 855
-20 769
-20 497

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44707
-₽35446
-₽34886
-₽130755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
932
income
-
-
-
1 445
total
-
-
-
2 377
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
-
7 500
-
-
income
-
1 650
-
-
total
-
1 650
-
-
Dividends
-
5 850
-
-
income
-
1 287
-
-
total
-
1 287
-
-
Income
7 500
7 500
7 500
7 500
Total tax
98 246
2 937
12 198
2 377
After tax
-90 746
4 563
-4 698
5 123
Living cost
40 009
40 009
40 009
40 009
Free-cash
-130 755
-35 446
-44 707
-34 886

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24645
-₽24991
-₽24799
-₽45587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax
-
-
-
-
social contributions

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

-
-
-
2 605
income
-
-
-
437
total
-
-
-
3 042
Employee
42 898
-
6 061
-
social contributions
4 719
-
667
-
surtax
-
-
-
-
income
8 923
-
782
-
total
13 642
-
1 449
-
Employer
42 898
-
6 061
-
social contributions
10 188
-
1 439
-
total
10 188
-
1 439
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
23 830
3 234
2 888
3 042
After tax
-16 330
4 266
4 612
4 458
Living cost
29 257
29 257
29 257
29 257
Free-cash
-45 587
-24 991
-24 645
-24 799

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40145
-₽41270
-₽41805
-₽69165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
surtax
-
-
-
-
other
-
-
-
232
social contributions
-
-
-
214
income
-
-
-
-
pensions
-
-
-
3 561
health
-
-
-
248
total
-
-
-
4 255
Employee
58 419
-
5 716
-
social contributions
1 664
-
163
-
pensions
6 608
-
648
-
surtax
-
-
-
-
income
5 097
-
-
-
total
13 369
-
811
-
Employer
58 419
-
5 716
-
unemployment
2 367
-
232
-
health
4 089
-
400
-
pensions
9 599
-
938
-
other
2 016
-
196
-
social contributions
175
-
18
-
total
18 246
-
1 784
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
2 099
-
-
total
-
2 099
-
-
Dividends
-
5 401
-
-
withholding
-
692
-
-
surtax
-
-
-
-
social contributions
-
929
-
-
total
-
1 621
-
-
Income
7 500
7 500
7 500
7 500
Total tax
31 615
3 720
2 595
4 255
After tax
-24 115
3 780
4 905
3 245
Living cost
45 050
45 050
45 050
45 050
Free-cash
-69 165
-41 270
-40 145
-41 805

Estimated living cost  is ₽45050 per week

₽30489
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.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21966
-₽21288
-₽22188
-₽27135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
income
-
-
-
-
social contributions
-
-
-
1 650
total
-
-
-
1 650
Employee
29 986
-
6 493
-
social contributions
1 949
-
421
-
income
-
-
-
-
total
1 949
-
421
-
Employer
29 986
-
6 493
-
social contributions
4 648
-
1 007
-
total
4 648
-
1 007
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
6 597
750
1 428
1 650
After tax
903
6 750
6 072
5 850
Living cost
28 038
28 038
28 038
28 038
Free-cash
-27 135
-21 288
-21 966
-22 188

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽195726
-₽195726
-₽38765
-₽195726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
-
labour market
-
-
-
535
national
-
-
-
-
pensions
-
-
-
809
total
-
-
-
1 344
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
158 305
158 305
158 305
1 344
After tax
-150 805
-150 805
-150 805
6 156
Living cost
44 921
44 921
44 921
44 921
Free-cash
-195 726
-195 726
-195 726
-38 765

Estimated living cost  is ₽44921 per week

₽30745
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.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16561
-₽19914
-₽19777
-₽31362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
161
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
6 755
Employee
32 282
-
6 230
-
health
3 697
-
713
-
pensions
3 635
-
701
-
income
4 429
-
855
-
total
11 761
-
2 269
-
Employer
32 282
-
6 230
-
unemployment
791
-
153
-
accident
539
-
104
-
pensions
5 249
-
1 013
-
total
6 579
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 340
6 892
3 539
6 755
After tax
-10 840
608
3 961
745
Living cost
20 522
20 522
20 522
20 522
Free-cash
-31 362
-19 914
-16 561
-19 777

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31064
-₽30620
-₽29661
-₽50833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 351
national
-
-
-
-
health
-
-
-
-
total
-
-
-
1 351
Employee
49 073
-
6 309
-
health
366
-
-
-
pensions
3 312
-
427
-
unemployment
736
-
94
-
national
811
-
-
-
municipal
8 038
-
1 043
-
total
13 263
-
1 564
-
Employer
49 073
-
6 309
-
unemployment
319
-
41
-
accident
50
-
7
-
health
377
-
48
-
pensions
8 514
-
1 094
-
total
9 260
-
1 190
-
Corporate
-
7 500
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends

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

-
4 501
-
-
national
-
-
-
-
municipal
-
811
-
-
total
-
811
-
-
Income
7 500
7 500
7 500
7 500
Total tax
22 523
2 310
2 754
1 351
After tax
-15 023
5 190
4 746
6 149
Living cost
35 810
35 810
35 810
35 810
Free-cash
-50 833
-30 620
-31 064
-29 661

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27032
-₽35188
-₽20530
-₽28488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
35 458
social contributions
-
-
-
5 531
income
-
-
-
-
health
-
-
-
904
total
-
-
-
6 435
Employee
71 723
71 723
71 723
-
health
556
1 220
411
-
social contributions
2 712
5 953
2 007
-
income
7 809
6 639
8 064
-
total
11 077
13 812
10 482
-
Employer
71 723
71 723
71 723
-
health
604
1 328
448
-
social contributions
2 712
5 953
2 007
-
total
3 316
7 281
2 455
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
7 500
7 500
7 500
7 500
Total tax
14 393
21 093
12 937
6 435
After tax
-6 893
-13 593
-5 437
1 065
Living cost
21 595
21 595
21 595
21 595
Free-cash
-28 488
-35 188
-27 032
-20 530

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
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.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13055
-₽8597
-₽16644
-₽16113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
7 500
unemployment
-
-
-
27
income
-
-
-
-
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
9 335
Employee

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

21 409
-
5 826
-
health
1 820
-
1 381
-
pensions
3 211
-
2 437
-
unemployment
106
-
81
-
income
1 464
-
173
-
total
6 601
-
4 072
-
Employer

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

21 409
-
5 826
-
unemployment
106
-
81
-
health
920
-
699
-
pensions
1 177
-
894
-
total
2 203
-
1 674
-
Corporate
-
7 500
-
-
income
-
674
-
-
total
-
674
-
-
Dividends
-
6 826
-
-
withholding
-
614
-
-
total
-
614
-
-
Income
7 500
7 500
7 500
7 500
Total tax
8 804
1 288
5 746
9 335
After tax
-1 304
6 212
1 754
-1 835
Living cost
14 809
14 809
14 809
14 809
Free-cash
-16 113
-8 597
-13 055
-16 644

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30058
-₽20486
-₽24446
-₽37983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
unemployment
-
-
-
140
income
-
-
-
281
pensions
-
-
-
5 676
accident
-
-
-
181
total
-
-
-
6 297
Employee
34 489
-
-
-
pensions
1 621
-
1 464
-
unemployment
535
-
483
-
other
34
-
32
-
income
6 649
-
-
-
total
8 839
-
1 979
-
Employer
34 489
-
-
-
unemployment
1 897
-
1 713
-
accident
683
-
616
-
pensions
8 139
-
7 351
-
other
276
-
250
-
total
10 995
-
9 930
-
Corporate
-
7 500
-
-
income

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

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 834
2 337
11 909
6 297
After tax
-12 334
5 163
-4 409
1 203
Living cost
25 649
25 649
25 649
25 649
Free-cash
-37 983
-20 486
-30 058
-24 446

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1923
₽2781
₽1861
₽2469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 351
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
3 740
Employee
2 893
-
6 122
-
health
145
-
306
-
pensions
260
-
551
-
unemployment
29
-
61
-
income
560
-
1 383
-
total
994
-
2 301
-
Employer
2 893
-
6 122
-
unemployment
58
-
122
-
health
275
-
582
-
pensions
318
-
673
-
total
651
-
1 377
-
Corporate
3 956
7 500
-
-
income
870
1 650
-
-
total
870
1 650
-
-
Dividends
3 086
5 850
-
-
withholding
617
1 170
-
-
total
617
1 170
-
-
Income
7 500
7 500
7 500
7 500
Total tax
3 132
2 820
3 678
3 740
After tax
4 368
4 680
3 822
3 760
Living cost
1 899
1 899
1 899
1 899
Free-cash
2 469
2 781
1 923
1 861

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11271
-₽10714
-₽11656
-₽21181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
7 500
unemployment
-
-
-
112
income
-
-
-
189
pensions
-
-
-
1 950
health
-
-
-
772
total
-
-
-
3 023
Employee

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

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

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

24 328
-
6 361
-
health
1 253
-
328
-
pensions
3 406
-
891
-
unemployment
182
-
48
-
income
3 353
-
232
-
total
8 194
-
1 499
-
Employer

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

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

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

24 328
-
6 361
-
unemployment
182
-
48
-
health
1 253
-
328
-
pensions
2 919
-
763
-
total
4 354
-
1 139
-
Corporate
-
7 500
-
-
income
-
1 125
-
-
total
-
1 125
-
-
Dividends
-
6 375
-
-
withholding
-
956
-
-
total
-
956
-
-
Income
7 500
7 500
7 500
7 500
Total tax
12 548
2 081
2 638
3 023
After tax
-5 048
5 419
4 862
4 477
Living cost
16 133
16 133
16 133
16 133
Free-cash
-21 181
-10 714
-11 271
-11 656

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
-₽20534
-₽20880
-₽20688
-₽37300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax
-
-
-
-
social contributions

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

-
-
-
2 605
income
-
-
-
437
total
-
-
-
3 042
Employee
36 201
-
6 061
-
social contributions
3 983
-
667
-
surtax
-
-
-
-
income
7 074
-
782
-
total
11 057
-
1 449
-
Employer
36 201
-
6 061
-
social contributions
8 597
-
1 439
-
total
8 597
-
1 439
-
Corporate
-
7 500
-
-
surtax
-
-
-
-
income
-
1 575
-
-
total
-
1 575
-
-
Dividends
-
5 925
-
-
withholding
-
1 659
-
-
total
-
1 659
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 654
3 234
2 888
3 042
After tax
-12 154
4 266
4 612
4 458
Living cost
25 146
25 146
25 146
25 146
Free-cash
-37 300
-20 880
-20 534
-20 688

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37189
-₽27617
-₽31577
-₽51909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19
unemployment
-
-
-
140
income
-
-
-
281
pensions
-
-
-
5 676
accident
-
-
-
181
total
-
-
-
6 297
Employee
45 047
-
-
-
pensions
2 117
-
1 464
-
unemployment
697
-
483
-
other
44
-
32
-
income
9 409
-
-
-
total
12 267
-
1 979
-
Employer
45 047
-
-
-
unemployment
2 478
-
1 713
-
accident
892
-
616
-
pensions
10 631
-
7 351
-
other
361
-
250
-
total
14 362
-
9 930
-
Corporate
-
7 500
-
-
income

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

-
1 126
-
-
total
-
1 126
-
-
Dividends
-
6 374
-
-
withholding
-
1 211
-
-
total
-
1 211
-
-
Income
7 500
7 500
7 500
7 500
Total tax
26 629
2 337
11 909
6 297
After tax
-19 129
5 163
-4 409
1 203
Living cost
32 780
32 780
32 780
32 780
Free-cash
-51 909
-27 617
-37 189
-31 577

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11317
-₽9640
-₽11680
-₽17927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
unemployment
-
-
-
30
income
-
-
-
1 125
pensions

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

-
-
-
1 110
health
-
-
-
863
total
-
-
-
3 128
Employee
21 255
-
6 270
-
health
978
-
289
-
accident

We are using the highest rate at 1.1%.

234
-
69
-
pensions

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

1 866
-
550
-
income
2 126
-
627
-
total
5 204
-
1 535
-
Employer
21 255
-
6 270
-
unemployment
128
-
38
-
accident

We are using the highest rate at 1.1%.

234
-
69
-
health
1 467
-
432
-
pensions

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

2 342
-
691
-
total
4 171
-
1 230
-
Corporate
-
7 500
-
-
income
-
750
-
-
total
-
750
-
-
Dividends
-
6 750
-
-
withholding
-
338
-
-
total
-
338
-
-
Income
7 500
7 500
7 500
7 500
Total tax
9 375
1 088
2 765
3 128
After tax
-1 875
6 412
4 735
4 372
Living cost
16 052
16 052
16 052
16 052
Free-cash
-17 927
-9 640
-11 317
-11 680

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34882
-₽31893
-₽34882
-₽38909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
7 500
surtax

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

-
-
-
-
trade
-
-
-
-
income

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

-
-
-
-
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.

-
-
-
6 372
total
-
-
-
6 372
Employee

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

46 409
-
7 500
-
health

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

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

6 372
-
6 372
-
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.

211
-
-
-
income

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

3 816
-
-
-
total
10 399
-
6 372
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
chamber of commerce
-
152
-
-
trade
-
1 076
-
-
surtax

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

-
62
-
-
income
-
1 126
-
-
total
-
2 416
-
-
Dividends
-
5 084
-
-
withholding
-
917
-
-
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
-
-
total
-
967
-
-
Income
7 500
7 500
7 500
7 500
Total tax
10 399
3 383
6 372
6 372
After tax
-2 899
4 117
1 128
1 128
Living cost
36 010
36 010
36 010
36 010
Free-cash
-38 909
-31 893
-34 882
-34 882

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45632
-₽47882
-₽45632
-₽65460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
72 960
-
7 500
-
social contributions
6 061
-
-
-
income
13 767
-
-
-
total
19 828
-
-
-
Employer
72 960
-
7 500
-
total
-
-
-
-
Corporate
-
7 500
-
-
income
-
938
-
-
total
-
938
-
-
Dividends
-
6 562
-
-
withholding
-
1 312
-
-
total
-
1 312
-
-
Income
7 500
7 500
7 500
7 500
Total tax
19 828
2 250
-
-
After tax
-12 328
5 250
7 500
7 500
Living cost
53 132
53 132
53 132
53 132
Free-cash
-65 460
-47 882
-45 632
-45 632

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29600
-₽31767
-₽58590
-₽42359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
7 500
income
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
5 879
-
social contributions
4 287
-
1 621
-
income
4 643
-
-
-
total
8 930
-
1 621
-
Employer
42 788
-
5 879
-
social contributions
4 287
-
1 621
-
total
4 287
-
1 621
-
Corporate
-
7 500
-
-
income
-
2 625
-
-
total
-
2 625
-
-
Dividends
-
4 875
-
-
social contributions
2 784
2 784
-
-
total
2 784
2 784
-
-
Income
7 500
7 500
7 500
7 500
Total tax
16 001
5 409
3 242
32 232
After tax
-8 501
2 091
4 258
-24 732
Living cost
33 858
33 858
33 858
33 858
Free-cash
-42 359
-31 767
-29 600
-58 590

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28996
-₽29262
-₽28881
-₽46127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
47 881
-
7 359
-
health
625
-
-
-
pensions
3 654
-
-
-
income
8 719
-
1 473
-
total
12 998
-
1 473
-
Employer
47 881
-
7 359
-
health
910
-
141
-
pensions
4 837
-
-
-
total
5 747
-
141
-
Corporate
-
7 500
-
-
income

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

-
1 425
-
-
total
-
1 425
-
-
Dividends
-
6 075
-
-
withholding
-
455
-
-
total
-
455
-
-
Income
7 500
7 500
7 500
7 500
Total tax
18 745
1 880
1 614
1 499
After tax
-11 245
5 620
5 886
6 001
Living cost
34 882
34 882
34 882
34 882
Free-cash
-46 127
-29 262
-28 996
-28 881

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18593
-₽21946
-₽21809
-₽35207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
161
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
6 755
Employee
35 478
-
6 230
-
health
4 062
-
713
-
pensions
3 995
-
701
-
income
4 867
-
855
-
total
12 924
-
2 269
-
Employer
35 478
-
6 230
-
unemployment
869
-
153
-
accident
592
-
104
-
pensions
5 768
-
1 013
-
total
7 229
-
1 270
-
Corporate
-
7 500
-
-
income

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

-
6 750
-
-
total
-
6 750
-
-
Dividends
-
750
-
-
withholding
-
142
-
-
total
-
142
-
-
Income
7 500
7 500
7 500
7 500
Total tax
20 153
6 892
3 539
6 755
After tax
-12 653
608
3 961
745
Living cost
22 554
22 554
22 554
22 554
Free-cash
-35 207
-21 946
-18 593
-21 809

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7919
-₽6232
-₽7919
-₽12672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

20 172
-
7 500
-
pensions
3 712
-
1 380
-
unemployment
242
-
90
-
work injury
101
-
37
-
health insurance
1 493
-
555
-
income
2 017
-
750
-
total
7 565
-
2 812
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
7 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
-
7 500
-
-
withholding
-
1 125
-
-
total
-
1 125
-
-
Income
7 500
7 500
7 500
7 500
Total tax
7 565
1 125
2 812
2 812
After tax
-65
6 375
4 688
4 688
Living cost
12 607
12 607
12 607
12 607
Free-cash
-12 672
-6 232
-7 919
-7 919

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽39135
-₽33207
-₽36956
-₽71099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
7 500
municipal
-
-
-
2
social contributions
-
-
-
7 229
national
-
-
-
62
regional
-
-
-
5
total
-
-
-
7 298
Employee
78 598
-
7 500
-
social contributions
26 503
-
9 477
-
national
13 282
-
-
-
regional
1 187
-
-
-
municipal
469
-
-
-
total
41 441
-
9 477
-
Employer
78 598
-
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
41 441
3 549
9 477
7 298
After tax
-33 941
3 951
-1 977
202
Living cost
37 158
37 158
37 158
37 158
Free-cash
-71 099
-33 207
-39 135
-36 956

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
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.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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