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
₽ 50000
per

Your estimated
City
free-cash

Dresden , Germany
-₽5139
₽6024
₽7759
₽8244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
trade
-
-
-
485
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.

-
-
-
4 071
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.

-
-
-
6 894
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.

-
-
-
224
total
-
-
-
11 674
Employee

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

38 599
-
50 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
224
-
income

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

1 078
-
4 071
-
total
8 031
-
11 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 401
50 000
-
-
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.

94
412
-
-
income
1 710
7 499
-
-
trade
1 796
7 875
-
-
chamber of commerce
170
226
-
-
total
3 770
16 012
-
-
Dividends
7 630
33 988
-
-
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.

84
446
-
-
withholding
1 524
8 114
-
-
total
1 608
8 560
-
-
Income
50 000
50 000
50 000
50 000
Total tax
13 409
24 572
11 189
11 674
After tax
36 591
25 428
38 811
38 326
Living cost
30 567
30 567
30 567
30 567
Free-cash
6 024
-5 139
8 244
7 759

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19794
-₽36224
-₽19201
-₽18808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
municipal
-
-
-
4 577
pensions
-
-
-
6 000
national
-
-
-
7 092
social contributions
-
-
-
538
total
-
-
-
18 207
Employee
79 050
-
43 225
-
municipal
9 764
-
4 770
-
pensions
3 162
-
1 729
-
national
15 130
-
7 392
-
total
28 056
-
13 891
-
Employer
79 050
-
43 225
-
social contributions
850
-
465
-
pensions
6 324
-
3 458
-
total
7 174
-
3 923
-
Corporate
-
50 000
-
-
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%.

-
10 000
-
-
total
-
10 000
-
-
Dividends
-
40 000
-
-
withholding
-
8 800
-
-
total
-
8 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
35 230
18 800
17 814
18 207
After tax
14 770
31 200
32 186
31 793
Living cost
50 994
50 994
50 994
50 994
Free-cash
-36 224
-19 794
-18 808
-19 201

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19004
₽10728
₽18329
₽7695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
microenterprise
-
-
-
7 499
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
10 676
Employee
29 488
-
40 292
-
social contributions

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

3 244
-
4 432
-
surtax
-
-
-
-
income
5 249
-
7 172
-
total
8 493
-
11 604
-
Employer
29 488
-
40 292
-
social contributions

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

7 103
-
9 706
-
surtax
-
-
-
-
total
7 103
-
9 706
-
Corporate
13 409
50 000
-
-
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%.

2 681
10 001
-
-
total
2 681
10 001
-
-
Dividends

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

10 727
39 999
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 277
10 001
21 310
10 676
After tax
31 723
39 999
28 690
39 324
Living cost
20 995
20 995
20 995
20 995
Free-cash
10 728
19 004
7 695
18 329

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44546
-₽50212
-₽13607
-₽50212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
4 659
pensions
-
-
-
8 999
health
-
-
-
7 674
total
-
-
-
21 332
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
57 936
52 271
57 936
21 332
After tax
-7 936
-2 271
-7 936
28 668
Living cost
42 276
42 276
42 276
42 276
Free-cash
-50 212
-44 546
-50 212
-13 607

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11690
-₽23014
-₽14066
-₽12289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
municipal
-
-
-
10 591
accident
-
-
-
100
pensions
-
-
-
5 405
other
-
-
-
5 810
unemployment
-
-
-
50
health
-
-
-
3 120
national
-
-
-
-
total
-
-
-
25 076
Employee
55 558
-
38 046
-
municipal
16 567
-
11 345
-
national
-
-
-
-
total
16 567
-
11 345
-
Employer
55 558
-
38 046
-
accident
111
-
76
-
other
6 456
-
4 421
-
unemployment
1 467
-
1 004
-
pensions
6 006
-
4 113
-
health
3 417
-
2 340
-
total
17 457
-
11 954
-
Corporate
-
50 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends
-
39 000
-
-
withholding
-
11 700
-
-
total
-
11 700
-
-
Income
50 000
50 000
50 000
50 000
Total tax
34 024
22 700
23 299
25 076
After tax
15 976
27 300
26 701
24 924
Living cost
38 990
38 990
38 990
38 990
Free-cash
-23 014
-11 690
-12 289
-14 066

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14472
-₽1176
-₽1340
-₽833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
trade
-
-
-
507
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.

-
-
-
4 071
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.

-
-
-
6 894
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.

-
-
-
224
total
-
-
-
11 696
Employee

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

51 177
-
50 000
-
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.

6 894
-
6 894
-
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.

241
-
224
-
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.

4 397
-
4 071
-
total
11 532
-
11 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 000
-
-
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.

-
412
-
-
income
-
7 499
-
-
trade
-
8 225
-
-
chamber of commerce
-
224
-
-
total
-
16 360
-
-
Dividends
-
33 639
-
-
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.

-
442
-
-
withholding
-
8 026
-
-
total
-
8 468
-
-
Income
50 000
50 000
50 000
50 000
Total tax
11 532
24 828
11 189
11 696
After tax
38 468
25 172
38 811
38 304
Living cost
39 644
39 644
39 644
39 644
Free-cash
-1 176
-14 472
-833
-1 340

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5550
-₽36
₽7477
-₽26
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
716
health
-
-
-
1 275
social contributions
-
-
-
7 800
total
-
-
-
9 791
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
3 767
-
health
772
1 319
772
-
income
8 149
7 183
8 149
-
total
12 692
14 942
12 688
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
3 767
-
health
841
1 436
839
-
total
4 612
7 876
4 606
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 304
22 818
17 294
9 791
After tax
32 696
27 182
32 706
40 209
Living cost
32 732
32 732
32 732
32 732
Free-cash
-36
-5 550
-26
7 477

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10020
₽10400
₽16300
₽10648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
6 113
pensions
-
-
-
5 000
unemployment
-
-
-
750
health
-
-
-
3 500
total
-
-
-
15 363
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
41 841
-
health
1 853
737
2 929
-
income
3 236
1 288
5 115
-
pensions
2 647
1 053
4 184
-
unemployment
397
158
628
-
total
8 133
3 236
12 856
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
41 841
-
pensions
5 162
2 054
8 159
-
total
5 162
2 054
8 159
-
Corporate
18 369
37 411
-
-
income
1 653
3 367
-
-
total
1 653
3 367
-
-
Dividends
16 716
34 044
-
-
social contributions
3 139
6 518
-
-
withholding
3 176
6 468
-
-
total
6 315
12 986
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 263
21 643
21 015
15 363
After tax
28 737
28 357
28 985
34 637
Living cost
18 337
18 337
18 337
18 337
Free-cash
10 400
10 020
10 648
16 300

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15624
₽9356
₽4066
₽5804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
5 060
pensions
-
-
-
9 999
health
-
-
-
6 500
total
-
-
-
21 559
Employee
28 629
-
37 368
-
income
3 223
-
5 845
-
pensions
573
-
747
-
unemployment
458
-
598
-
total
4 254
-
7 190
-
Employer
28 629
-
37 368
-
unemployment
230
-
299
-
pensions
5 726
-
7 473
-
health
3 721
-
4 859
-
total
9 677
-
12 631
-
Corporate
11 695
50 000
-
-
income
2 338
10 001
-
-
total
2 338
10 001
-
-
Dividends
9 356
39 999
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
16 269
10 001
19 821
21 559
After tax
33 731
39 999
30 179
28 441
Living cost
24 375
24 375
24 375
24 375
Free-cash
9 356
15 624
5 804
4 066

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18019
₽664
₽12567
₽4334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
253
income
-
-
-
8 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
15 364
Employee
34 715
-
41 535
-
health
3 975
-
4 756
-
income
4 763
-
5 698
-
pensions
3 909
-
4 677
-
total
12 647
-
15 131
-
Employer
34 715
-
41 535
-
accident
580
-
694
-
unemployment
850
-
1 018
-
pensions
5 645
-
6 754
-
total
7 075
-
8 466
-
Corporate
8 210
50 000
-
-
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.

7 389
45 000
-
-
total
7 389
45 000
-
-
Dividends
821
5 000
-
-
withholding
156
950
-
-
total
156
950
-
-
Income
50 000
50 000
50 000
50 000
Total tax
27 267
45 950
23 597
15 364
After tax
22 733
4 050
26 403
34 636
Living cost
22 069
22 069
22 069
22 069
Free-cash
664
-18 019
4 334
12 567

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38421
₽36719
₽40421
₽30921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
11 349
-
50 000
-
income
2 269
-
10 000
-
total
2 269
-
10 000
-
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%.

38 651
50 000
-
-
total
-
-
-
-
Dividends
38 651
50 000
-
-
withholding
1 933
2 500
-
-
total
1 933
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
4 202
2 500
10 000
500
After tax
45 798
47 500
40 000
49 500
Living cost
9 079
9 079
9 079
9 079
Free-cash
36 719
38 421
30 921
40 421

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9845
₽3030
₽183
₽2418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
6 350
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.

-
-
-
12 002
other
-
-
-
2 375
health
-
-
-
2 200
total
-
-
-
22 927
Employee
36 642
-
39 934
-
health
513
-
559
-
income
6 308
-
6 873
-
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.

2 564
-
2 796
-
unemployment
366
-
400
-
total
9 751
-
10 628
-
Employer
36 642
-
39 934
-
accident
293
-
320
-
other
1 833
-
1 996
-
unemployment
366
-
400
-
pensions

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

6 230
-
6 789
-
health
513
-
559
-
total
9 235
-
10 064
-
Corporate
4 124
50 000
-
-
income
866
10 500
-
-
total
866
10 500
-
-
Dividends
3 258
39 500
-
-
withholding
228
2 765
-
-
total
228
2 765
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 080
13 265
20 692
22 927
After tax
29 920
36 735
29 308
27 073
Living cost
26 890
26 890
26 890
26 890
Free-cash
3 030
9 845
2 418
183

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30266
-₽58957
-₽29975
-₽34766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
9 438
pensions
-
-
-
2 810
total
-
-
-
12 248
Employee
95 823
-
44 866
-
health
1 579
-
535
-
income
17 273
-
8 241
-
pensions
9 244
-
3 129
-
total
28 096
-
11 905
-
Employer
95 823
-
44 866
-
pensions
11 314
-
4 282
-
health
1 820
-
852
-
total
13 134
-
5 134
-
Corporate
-
50 000
-
-
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.

-
9 501
-
-
total
-
9 501
-
-
Dividends
-
40 499
-
-
withholding
-
3 038
-
-
total
-
3 038
-
-
Income
50 000
50 000
50 000
50 000
Total tax
41 230
12 539
17 039
12 248
After tax
8 770
37 461
32 961
37 752
Living cost
67 727
67 727
67 727
67 727
Free-cash
-58 957
-30 266
-34 766
-29 975

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29511
₽24821
₽19844
₽20425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
7 500
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
16 917
Employee
17 531
-
43 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
4 308
-
pensions

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

1 539
-
3 097
-
total
4 291
-
9 415
-
Employer
17 531
-
43 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
29 029
50 000
-
-
income
2 903
5 000
-
-
total
2 903
5 000
-
-
Dividends
26 126
45 000
-
-
withholding
1 306
2 250
-
-
total
1 306
2 250
-
-
Income
50 000
50 000
50 000
50 000
Total tax
11 940
7 250
16 336
16 917
After tax
38 060
42 750
33 664
33 083
Living cost
13 239
13 239
13 239
13 239
Free-cash
24 821
29 511
20 425
19 844

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽58231
-₽59944
-₽27292
-₽63896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
4 659
pensions
-
-
-
8 999
health
-
-
-
7 674
total
-
-
-
21 332
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
53 984
52 271
57 936
21 332
After tax
-3 984
-2 271
-7 936
28 668
Living cost
55 960
55 960
55 960
55 960
Free-cash
-59 944
-58 231
-63 896
-27 292

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10255
₽1633
₽183
₽1204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
4 297
health
-
-
-
6 750
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 600
total
-
-
-
25 647
Employee
35 544
-
37 313
-
social contributions
2 310
-
2 425
-
health
4 798
-
5 037
-
solidarity contribution
-
-
-
-
income
4 265
-
4 478
-
total
11 373
-
11 940
-
Employer
35 544
-
37 313
-
social contributions
8 886
-
9 328
-
health
3 199
-
3 358
-
total
12 085
-
12 686
-
Corporate
2 371
50 000
-
-
income
451
9 500
-
-
total
451
9 500
-
-
Dividends
1 921
40 500
-
-
withholding
288
6 075
-
-
total
288
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
24 197
15 575
24 626
25 647
After tax
25 803
34 425
25 374
24 353
Living cost
24 170
24 170
24 170
24 170
Free-cash
1 633
10 255
1 204
183

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15905
-₽39688
-₽15103
-₽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
-
-
-
50 000
municipal
-
-
-
297
regional
-
-
-
485
national
-
-
-
8 878
social contributions
-
-
-
12 860
total
-
-
-
22 520
Employee
89 689
-
50 000
-
social contributions
30 243
-
16 860
-
regional
846
-
422
-
municipal
475
-
264
-
national
15 541
-
7 798
-
total
47 105
-
25 344
-
Employer
89 689
-
50 000
-
total
-
-
-
-
Corporate
-
50 000
-
-
nationa
-
12 000
-
-
municipal
-
1 950
-
-
total
-
13 950
-
-
Dividends
-
36 051
-
-
withholding
-
9 372
-
-
total
-
9 372
-
-
Income
50 000
50 000
50 000
50 000
Total tax
47 105
23 322
25 344
22 520
After tax
2 895
26 678
24 656
27 480
Living cost
42 583
42 583
42 583
42 583
Free-cash
-39 688
-15 905
-17 927
-15 103

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9181
₽6039
₽6415
₽5170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
7 243
pensions
-
-
-
10 001
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 551
surtax
-
-
-
291
total
-
-
-
21 316
Employee
33 373
-
41 306
-
other
-
-
-
-
health
852
-
1 053
-
surtax
109
-
257
-
income
5 594
-
6 925
-
pensions
2 225
-
2 756
-
unemployment
2 323
-
2 875
-
total
11 103
-
13 866
-
Employer
33 373
-
41 306
-
other
-
-
-
-
unemployment
1 057
-
1 310
-
pensions
4 449
-
5 506
-
health
1 519
-
1 879
-
total
7 025
-
8 695
-
Corporate
9 603
50 000
-
-
income
2 497
13 000
-
-
total
2 497
13 000
-
-
Dividends
7 106
37 000
-
-
withholding
1 067
5 550
-
-
total
1 067
5 550
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 692
18 550
22 561
21 316
After tax
28 308
31 450
27 439
28 684
Living cost
22 269
22 269
22 269
22 269
Free-cash
6 039
9 181
5 170
6 415

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8808
-₽22390
-₽8517
-₽13308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
9 438
pensions
-
-
-
2 810
total
-
-
-
12 248
Employee
64 218
-
44 866
-
health
932
-
535
-
income
11 566
-
8 241
-
pensions
5 451
-
3 129
-
total
17 949
-
11 905
-
Employer
64 218
-
44 866
-
pensions
6 952
-
4 282
-
health
1 220
-
852
-
total
8 172
-
5 134
-
Corporate
-
50 000
-
-
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.

-
9 501
-
-
total
-
9 501
-
-
Dividends
-
40 499
-
-
withholding
-
3 038
-
-
total
-
3 038
-
-
Income
50 000
50 000
50 000
50 000
Total tax
26 121
12 539
17 039
12 248
After tax
23 879
37 461
32 961
37 752
Living cost
46 269
46 269
46 269
46 269
Free-cash
-22 390
-8 808
-13 308
-8 517

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53408
-₽47763
-₽33733
-₽36497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
city
-
-
-
525
pensions
-
-
-
4 600
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.

-
-
-
999
regional
-
-
-
966
health
-
-
-
249
national
-
-
-
121
total
-
-
-
7 460
Employee
89 259
-
44 636
-
city
958
-
478
-
regional
2 923
-
805
-
health
202
-
100
-
pensions
7 499
-
3 879
-
unemployment
-
-
-
-
national
422
-
90
-
total
12 004
-
5 352
-
Employer
89 259
-
44 636
-
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.

1 785
-
893
-
unemployment
-
-
-
-
pensions
7 499
-
3 879
-
health
202
-
100
-
total
9 486
-
4 872
-
Corporate
-
50 000
-
-
regional
-
10 574
-
-
national
-
4 251
-
-
total
-
14 825
-
-
Dividends
-
35 175
-
-
withholding
-
12 310
-
-
total
-
12 310
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 490
27 135
10 224
7 460
After tax
28 510
22 865
39 776
42 540
Living cost
76 273
76 273
76 273
76 273
Free-cash
-47 763
-53 408
-36 497
-33 733

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽21316
-₽10649
-₽7949
-₽7419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
trade
-
-
-
529
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.

-
-
-
4 071
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.

-
-
-
6 894
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.

-
-
-
224
total
-
-
-
11 718
Employee

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

60 649
-
50 000
-
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.

6 894
-
6 894
-
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.

393
-
224
-
income

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

7 132
-
4 071
-
total
14 419
-
11 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 000
-
-
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.

-
412
-
-
income
-
7 499
-
-
trade
-
8 576
-
-
chamber of commerce
-
224
-
-
total
-
16 711
-
-
Dividends
-
33 289
-
-
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.

-
437
-
-
withholding
-
7 938
-
-
total
-
8 375
-
-
Income
50 000
50 000
50 000
50 000
Total tax
14 419
25 086
11 189
11 718
After tax
35 581
24 914
38 811
38 282
Living cost
46 230
46 230
46 230
46 230
Free-cash
-10 649
-21 316
-7 419
-7 949

Estimated living cost  is ₽46230 per week

₽33765
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9325
-₽6677
-₽4382
-₽3757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
1 840
pensions
-
-
-
14 608
other
-
-
-
1 549
health
-
-
-
433
surtax
-
-
-
-
social contributions
-
-
-
1 425
total
-
-
-
19 855
Employee
43 191
-
38 100
-
social contributions
1 231
-
1 086
-
surtax
-
-
-
-
income
2 549
-
1 932
-
pensions
4 883
-
4 311
-
total
8 663
-
7 329
-
Employer
43 191
-
38 100
-
other
1 490
-
1 314
-
social contributions
130
-
115
-
unemployment
1 748
-
1 544
-
pensions
7 095
-
6 260
-
health
3 024
-
2 668
-
total
13 487
-
11 901
-
Corporate
-
50 000
-
-
surtax
-
-
-
-
income
-
13 999
-
-
total
-
13 999
-
-
Dividends
-
36 001
-
-
surtax
-
-
-
-
social contributions
-
6 191
-
-
withholding
-
4 608
-
-
total
-
10 799
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 150
24 798
19 230
19 855
After tax
27 850
25 202
30 770
30 145
Living cost
34 527
34 527
34 527
34 527
Free-cash
-6 677
-9 325
-3 757
-4 382

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5904
-₽594
-₽961
-₽336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
1 840
pensions
-
-
-
14 608
other
-
-
-
1 549
health
-
-
-
433
surtax
-
-
-
-
social contributions
-
-
-
1 425
total
-
-
-
19 855
Employee
38 554
-
38 100
-
social contributions
1 099
-
1 086
-
surtax
-
-
-
-
income
1 988
-
1 932
-
pensions
4 361
-
4 311
-
total
7 448
-
7 329
-
Employer
38 554
-
38 100
-
other
1 331
-
1 314
-
social contributions
115
-
115
-
unemployment
1 561
-
1 544
-
pensions
6 335
-
6 260
-
health
2 698
-
2 668
-
total
12 040
-
11 901
-
Corporate
-
50 000
-
-
surtax
-
-
-
-
income
-
13 999
-
-
total
-
13 999
-
-
Dividends
-
36 001
-
-
surtax
-
-
-
-
social contributions
-
6 191
-
-
withholding
-
4 608
-
-
total
-
10 799
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 488
24 798
19 230
19 855
After tax
30 512
25 202
30 770
30 145
Living cost
31 106
31 106
31 106
31 106
Free-cash
-594
-5 904
-336
-961

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9106
₽9630
₽10713
₽8874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
7 499
health
-
-
-
3 489
social contributions
-
-
-
6 900
total
-
-
-
17 888
Employee
34 217
-
50 000
-
social contributions
4 723
-
6 900
-
health
2 388
-
3 489
-
income
5 707
-
9 338
-
total
12 818
-
19 727
-
Employer
34 217
-
50 000
-
total
-
-
-
-
Corporate
15 783
50 000
-
-
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%.

789
2 499
-
-
total
789
2 499
-
-
Dividends
14 994
47 501
-
-
health
1 048
3 315
-
-
social contributions
2 068
6 555
-
-
withholding
2 248
7 126
-
-
total
5 364
16 996
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 971
19 495
19 727
17 888
After tax
31 029
30 505
30 273
32 112
Living cost
21 399
21 399
21 399
21 399
Free-cash
9 630
9 106
8 874
10 713

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8541
-₽16103
-₽7638
-₽15694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
chamber of commerce
-
-
-
199
income
-
-
-
2 417
pensions
-
-
-
9 250
unemployment
-
-
-
6 190
health
-
-
-
3 824
surtax
-
-
-
199
total
-
-
-
22 079
Employee
50 434
40 217
40 217
-
other
504
402
385
-
health
1 951
1 557
1 494
-
income
5 741
2 966
3 041
-
pensions
5 165
4 117
3 951
-
unemployment
1 513
1 207
1 157
-
total
14 874
10 249
10 028
-
Employer
50 434
40 217
40 217
-
accident
655
523
502
-
other
2 396
1 909
1 896
-
chamber of commerce
201
161
161
-
unemployment
1 513
1 207
1 157
-
surtax
199
199
199
-
pensions
6 329
5 048
4 841
-
payroll
1 513
1 207
1 207
-
health
1 906
1 521
1 457
-
total
14 712
11 775
11 420
-
Corporate
3 830
3 830
34 750
-
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.

958
958
8 687
-
total
958
958
8 687
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
30 544
22 982
30 135
22 079
After tax
19 456
27 018
19 865
27 921
Living cost
35 559
35 559
35 559
35 559
Free-cash
-16 103
-8 541
-15 694
-7 638

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8569
-₽43199
-₽8724
-₽14812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
national
-
-
-
14 182
communal

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

-
-
-
2 696
social contributions
-
-
-
5 050
total
-
-
-
21 928
Employee

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

72 186
-
38 726
-
communal

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

3 765
-
2 020
-
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.

3 392
-
1 821
-
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.

5 414
-
2 905
-
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.

628
-
337
-
national
22 193
-
9 659
-
total
35 392
-
16 742
-
Employer

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

72 186
-
38 726
-
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.

938
-
504
-
unemployment

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

1 053
-
565
-
surtax
8 185
-
4 393
-
pensions

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

6 396
-
3 432
-
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.

4 439
-
2 380
-
total
21 011
-
11 274
-
Corporate
-
50 000
-
-
surtax
-
199
-
-
income
-
10 001
-
-
total
-
10 200
-
-
Dividends
-
39 800
-
-
withholding

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

-
11 573
-
-
total
-
11 573
-
-
Income
50 000
50 000
50 000
50 000
Total tax
56 403
21 773
28 016
21 928
After tax
-6 403
28 227
21 984
28 072
Living cost
36 796
36 796
36 796
36 796
Free-cash
-43 199
-8 569
-14 812
-8 724

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2638
-₽16245
-₽8653
-₽8268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
450
income
-
-
-
7 207
pensions
-
-
-
14 151
other
-
-
-
50
unemployment
-
-
-
350
total
-
-
-
22 208
Employee
50 234
-
37 912
-
other
50
-
38
-
income
10 599
-
7 328
-
pensions
2 361
-
1 781
-
unemployment
779
-
588
-
total
13 789
-
9 735
-
Employer
50 234
-
37 912
-
accident
994
-
751
-
other
400
-
304
-
unemployment
2 763
-
2 086
-
pensions
11 854
-
8 947
-
total
16 011
-
12 088
-
Corporate
-
50 000
-
-
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.

-
7 499
-
-
total
-
7 499
-
-
Dividends
-
42 501
-
-
withholding
-
8 694
-
-
total
-
8 694
-
-
Income
50 000
50 000
50 000
50 000
Total tax
29 800
16 193
21 823
22 208
After tax
20 200
33 807
28 177
27 792
Living cost
36 445
36 445
36 445
36 445
Free-cash
-16 245
-2 638
-8 268
-8 653

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23379
-₽35554
-₽21278
-₽20886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
450
income
-
-
-
1 588
pensions
-
-
-
7 999
health
-
-
-
3 752
surtax
-
-
-
2 647
communal
-
-
-
-
total
-
-
-
16 436
Employee
76 423
-
44 260
-
health
3 401
-
2 137
-
surtax
4 684
-
2 679
-
income
7 382
-
1 646
-
pensions
6 113
-
3 842
-
total
21 580
-
10 304
-
Employer
76 423
-
44 260
-
accident
688
-
433
-
pensions
6 113
-
3 842
-
health
2 331
-
1 465
-
total
9 132
-
5 740
-
Corporate
-
50 000
-
-
surtax
-
525
-
-
communal
-
3 374
-
-
income
-
7 499
-
-
total
-
11 398
-
-
Dividends
-
38 601
-
-
income
-
1 350
-
-
withholding
-
5 789
-
-
total
-
7 139
-
-
Income
50 000
50 000
50 000
50 000
Total tax
30 712
18 537
16 044
16 436
After tax
19 288
31 463
33 956
33 564
Living cost
54 842
54 842
54 842
54 842
Free-cash
-35 554
-23 379
-20 886
-21 278

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8783
₽5573
₽6017
₽4772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
7 243
pensions
-
-
-
10 001
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 551
surtax
-
-
-
291
total
-
-
-
21 316
Employee
33 985
-
41 306
-
other
-
-
-
-
health
868
-
1 053
-
surtax
121
-
257
-
income
5 697
-
6 925
-
pensions
2 267
-
2 756
-
unemployment
2 365
-
2 875
-
total
11 318
-
13 866
-
Employer
33 985
-
41 306
-
other
-
-
-
-
unemployment
1 078
-
1 310
-
pensions
4 531
-
5 506
-
health
1 545
-
1 879
-
total
7 154
-
8 695
-
Corporate
8 860
50 000
-
-
income
2 304
13 000
-
-
total
2 304
13 000
-
-
Dividends
6 556
37 000
-
-
withholding
984
5 550
-
-
total
984
5 550
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 760
18 550
22 561
21 316
After tax
28 240
31 450
27 439
28 684
Living cost
22 667
22 667
22 667
22 667
Free-cash
5 573
8 783
4 772
6 017

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽906
-₽5982
₽26
-₽2780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
municipal
-
-
-
297
regional
-
-
-
754
national
-
-
-
8 878
social contributions
-
-
-
12 860
total
-
-
-
22 789
Employee
55 980
-
50 000
-
social contributions
18 877
-
16 860
-
regional
754
-
673
-
municipal
297
-
264
-
national
8 869
-
7 798
-
total
28 797
-
25 595
-
Employer
55 980
-
50 000
-
total
-
-
-
-
Corporate
-
50 000
-
-
nationa
-
12 000
-
-
municipal
-
2 486
-
-
total
-
14 486
-
-
Dividends
-
35 514
-
-
withholding
-
9 235
-
-
total
-
9 235
-
-
Income
50 000
50 000
50 000
50 000
Total tax
28 797
23 721
25 595
22 789
After tax
21 203
26 279
24 405
27 211
Living cost
27 185
27 185
27 185
27 185
Free-cash
-5 982
-906
-2 780
26

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4642
-₽8691
-₽5430
-₽4409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
4 297
health
-
-
-
6 750
solidarity contribution
-
-
-
-
social contributions
-
-
-
14 600
total
-
-
-
25 647
Employee
43 799
-
37 313
-
social contributions
2 847
-
2 425
-
health
5 913
-
5 037
-
solidarity contribution
-
-
-
-
income
5 256
-
4 478
-
total
14 016
-
11 940
-
Employer
43 799
-
37 313
-
social contributions
10 950
-
9 328
-
health
3 942
-
3 358
-
total
14 892
-
12 686
-
Corporate
-
50 000
-
-
income
-
9 500
-
-
total
-
9 500
-
-
Dividends
-
40 500
-
-
withholding
-
6 075
-
-
total
-
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
28 908
15 575
24 626
25 647
After tax
21 092
34 425
25 374
24 353
Living cost
29 783
29 783
29 783
29 783
Free-cash
-8 691
4 642
-4 409
-5 430

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4979
-₽7766
-₽4076
-₽12230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
chamber of commerce
-
-
-
199
income
-
-
-
2 417
pensions
-
-
-
9 250
unemployment
-
-
-
6 190
health
-
-
-
3 824
surtax
-
-
-
-
total
-
-
-
21 880
Employee
44 114
40 217
40 217
-
other
440
402
387
-
health
1 706
1 557
1 500
-
income
3 930
2 966
3 033
-
pensions
4 518
4 117
3 966
-
unemployment
1 323
1 207
1 162
-
total
11 917
10 249
10 048
-
Employer
44 114
40 217
40 217
-
accident
573
523
504
-
other
2 095
1 909
1 898
-
chamber of commerce
176
161
161
-
unemployment
1 323
1 207
1 162
-
surtax
-
-
-
-
pensions
5 537
5 048
4 862
-
payroll
1 323
1 207
1 207
-
health
1 668
1 521
1 465
-
total
12 695
11 576
11 259
-
Corporate
3 830
3 830
34 911
-
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.

958
958
8 727
-
total
958
958
8 727
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
25 570
22 783
30 034
21 880
After tax
24 430
27 217
19 966
28 120
Living cost
32 196
32 196
32 196
32 196
Free-cash
-7 766
-4 979
-12 230
-4 076

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33351
₽30698
₽35351
₽25851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
17 686
-
50 000
-
income
3 537
-
10 000
-
total
3 537
-
10 000
-
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%.

32 314
50 000
-
-
total
-
-
-
-
Dividends
32 314
50 000
-
-
withholding
1 616
2 500
-
-
total
1 616
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
5 153
2 500
10 000
500
After tax
44 847
47 500
40 000
49 500
Living cost
14 149
14 149
14 149
14 149
Free-cash
30 698
33 351
25 851
35 351

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7356
-₽1574
₽810
-₽777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
income
-
-
-
7 996
pensions
-
-
-
9 131
unemployment
-
-
-
75
health
-
-
-
4 920
total
-
-
-
22 122
Employee

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

44 626
-
43 263
-
health
2 882
-
2 796
-
income
7 696
-
7 408
-
pensions
6 917
-
6 707
-
unemployment
63
-
61
-
total
17 558
-
16 972
-
Employer

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

44 626
-
43 263
-
unemployment
27
-
27
-
pensions
3 949
-
3 828
-
health
2 972
-
2 882
-
total
6 948
-
6 737
-
Corporate
-
50 000
-
-
income
-
9 501
-
-
total
-
9 501
-
-
Dividends
-
40 499
-
-
withholding
-
6 075
-
-
total
-
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
24 506
15 576
23 709
22 122
After tax
25 494
34 424
26 291
27 878
Living cost
27 068
27 068
27 068
27 068
Free-cash
-1 574
7 356
-777
810

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13160
-₽100594
-₽9026
-₽6867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
9 746
social contributions
-
-
-
5 700
total
-
-
-
15 446
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
50 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends
-
39 000
-
-
income
-
8 580
-
-
total
-
8 580
-
-
Income
50 000
50 000
50 000
50 000
Total tax
107 014
19 580
13 287
15 446
After tax
-57 014
30 420
36 713
34 554
Living cost
43 580
43 580
43 580
43 580
Free-cash
-100 594
-13 160
-6 867
-9 026

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3214
-₽7437
-₽2504
-₽3663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
income
-
-
-
3 474
surtax
-
-
-
-
social contributions

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

-
-
-
17 376
total
-
-
-
20 850
Employee
46 414
-
40 403
-
social contributions
5 106
-
4 445
-
surtax
-
-
-
-
income
9 654
-
7 967
-
total
14 760
-
12 412
-
Employer
46 414
-
40 403
-
social contributions
11 023
-
9 597
-
total
11 023
-
9 597
-
Corporate
-
50 000
-
-
surtax
-
-
-
-
income
-
10 500
-
-
total
-
10 500
-
-
Dividends
-
39 500
-
-
withholding
-
11 060
-
-
total
-
11 060
-
-
Income
50 000
50 000
50 000
50 000
Total tax
25 783
21 560
22 009
20 850
After tax
24 217
28 440
27 991
29 150
Living cost
31 654
31 654
31 654
31 654
Free-cash
-7 437
-3 214
-3 663
-2 504

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23540
-₽32946
-₽18597
-₽17972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
1 840
pensions
-
-
-
14 608
other
-
-
-
1 549
health
-
-
-
433
surtax
-
-
-
-
social contributions
-
-
-
1 425
total
-
-
-
19 855
Employee
63 206
-
38 100
-
social contributions
1 800
-
1 086
-
surtax
-
-
-
-
income
5 515
-
1 932
-
pensions
7 149
-
4 311
-
total
14 464
-
7 329
-
Employer
63 206
-
38 100
-
other
2 181
-
1 314
-
social contributions
190
-
115
-
unemployment
2 560
-
1 544
-
pensions
10 386
-
6 260
-
health
4 424
-
2 668
-
total
19 741
-
11 901
-
Corporate
-
50 000
-
-
surtax
-
-
-
-
income
-
13 999
-
-
total
-
13 999
-
-
Dividends
-
36 001
-
-
surtax
-
-
-
-
social contributions
-
6 191
-
-
withholding
-
4 608
-
-
total
-
10 799
-
-
Income
50 000
50 000
50 000
50 000
Total tax
34 205
24 798
19 230
19 855
After tax
15 795
25 202
30 770
30 145
Living cost
48 742
48 742
48 742
48 742
Free-cash
-32 946
-23 540
-17 972
-18 597

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14665
₽11275
₽8665
₽10143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
-
social contributions
-
-
-
11 000
total
-
-
-
11 000
Employee
32 444
-
43 291
-
income
-
-
-
-
social contributions
2 109
-
2 813
-
total
2 109
-
2 813
-
Employer
32 444
-
43 291
-
social contributions
5 029
-
6 709
-
total
5 029
-
6 709
-
Corporate
12 527
50 000
-
-
income
1 252
5 000
-
-
total
1 252
5 000
-
-
Dividends
11 275
45 000
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
8 390
5 000
9 522
11 000
After tax
41 610
45 000
40 478
39 000
Living cost
30 335
30 335
30 335
30 335
Free-cash
11 275
14 665
10 143
8 665

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽169971
-₽169971
-₽15654
-₽169971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
municipal
-
-
-
7 700
pensions
-
-
-
875
national
-
-
-
4 526
labour market
-
-
-
3 930
total
-
-
-
17 031
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
171 348
171 348
171 348
17 031
After tax
-121 348
-121 348
-121 348
32 969
Living cost
48 623
48 623
48 623
48 623
Free-cash
-169 971
-169 971
-169 971
-15 654

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17693
₽714
₽12893
₽4660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
253
income
-
-
-
8 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
15 364
Employee
34 203
-
41 535
-
health
3 917
-
4 756
-
income
4 692
-
5 698
-
pensions
3 852
-
4 677
-
total
12 461
-
15 131
-
Employer
34 203
-
41 535
-
accident
571
-
694
-
unemployment
838
-
1 018
-
pensions
5 561
-
6 754
-
total
6 970
-
8 466
-
Corporate
8 826
50 000
-
-
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.

7 944
45 000
-
-
total
7 944
45 000
-
-
Dividends
882
5 000
-
-
withholding
168
950
-
-
total
168
950
-
-
Income
50 000
50 000
50 000
50 000
Total tax
27 543
45 950
23 597
15 364
After tax
22 457
4 050
26 403
34 636
Living cost
21 743
21 743
21 743
21 743
Free-cash
714
-17 693
4 660
12 893

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4147
-₽13113
₽1010
-₽7565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
50 000
municipal
-
-
-
8 938
health
-
-
-
349
national
-
-
-
958
total
-
-
-
10 245
Employee
53 094
-
42 062
-
health
396
-
226
-
municipal
8 696
-
6 906
-
pensions
3 583
-
2 840
-
unemployment
797
-
630
-
national
877
-
280
-
total
14 349
-
10 882
-
Employer
53 094
-
42 062
-
accident
54
-
42
-
unemployment
345
-
274
-
pensions
9 212
-
7 298
-
health
408
-
324
-
total
10 019
-
7 938
-
Corporate
-
50 000
-
-
income
-
10 001
-
-
total
-
10 001
-
-
Dividends

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

-
30 000
-
-
national
-
-
-
-
municipal
-
5 401
-
-
total
-
5 401
-
-
Income
50 000
50 000
50 000
50 000
Total tax
24 368
15 402
18 820
10 245
After tax
25 632
34 598
31 180
39 755
Living cost
38 745
38 745
38 745
38 745
Free-cash
-13 113
-4 147
-7 565
1 010

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3817
₽8036
₽16844
₽9341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
716
health
-
-
-
1 275
social contributions
-
-
-
7 800
total
-
-
-
9 791
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
3 767
-
health
601
1 319
772
-
income
8 449
7 183
8 149
-
total
11 984
14 942
12 688
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
3 767
-
health
653
1 436
839
-
total
3 587
7 876
4 606
-
Corporate
11 063
-
-
-
income
1 383
-
-
-
total
1 383
-
-
-
Dividends
9 681
-
-
-
withholding
1 645
-
-
-
total
1 645
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 599
22 818
17 294
9 791
After tax
31 401
27 182
32 706
40 209
Living cost
23 365
23 365
23 365
23 365
Free-cash
8 036
3 817
9 341
16 844

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25383
₽20247
₽19846
₽14995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 000
income
-
-
-
4 031
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
14 131
Employee

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

23 164
-
45 331
-
health
1 969
-
3 853
-
income
1 584
-
3 434
-
pensions
3 474
-
6 800
-
unemployment
115
-
226
-
total
7 142
-
14 313
-
Employer

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

23 164
-
45 331
-
unemployment
115
-
226
-
pensions
1 274
-
2 493
-
health
996
-
1 950
-
total
2 385
-
4 669
-
Corporate
24 452
50 000
-
-
income
2 200
4 500
-
-
total
2 200
4 500
-
-
Dividends
22 251
45 500
-
-
withholding
2 003
4 094
-
-
total
2 003
4 094
-
-
Income
50 000
50 000
50 000
50 000
Total tax
13 730
8 594
18 982
14 131
After tax
36 270
41 406
31 018
35 869
Living cost
16 023
16 023
16 023
16 023
Free-cash
20 247
25 383
14 995
19 846

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6056
₽545
₽41
₽426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
450
income
-
-
-
7 207
pensions
-
-
-
14 151
other
-
-
-
50
unemployment
-
-
-
350
total
-
-
-
22 208
Employee
37 315
-
37 912
-
other
36
-
38
-
income
7 194
-
7 328
-
pensions
1 754
-
1 781
-
unemployment
578
-
588
-
total
9 562
-
9 735
-
Employer
37 315
-
37 912
-
accident
739
-
751
-
other
299
-
304
-
unemployment
2 053
-
2 086
-
pensions
8 806
-
8 947
-
total
11 897
-
12 088
-
Corporate
789
50 000
-
-
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.

119
7 499
-
-
total
119
7 499
-
-
Dividends
670
42 501
-
-
withholding
126
8 694
-
-
total
126
8 694
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 704
16 193
21 823
22 208
After tax
28 296
33 807
28 177
27 792
Living cost
27 751
27 751
27 751
27 751
Free-cash
545
6 056
426
41

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28444
₽27990
₽28126
₽27928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
15 651
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
19 118
Employee
4 198
-
47 738
-
health
210
-
503
-
income
812
-
15 545
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
17 054
-
Employer
4 198
-
47 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
44 858
50 000
-
-
income
9 869
11 000
-
-
total
9 869
11 000
-
-
Dividends
34 989
39 000
-
-
withholding
6 998
7 800
-
-
total
6 998
7 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 254
18 800
19 316
19 118
After tax
30 746
31 200
30 684
30 882
Living cost
2 756
2 756
2 756
2 756
Free-cash
27 990
28 444
27 928
28 126

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18672
₽13707
₽7515
₽9667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
income
-
-
-
6 132
pensions
-
-
-
13 000
unemployment
-
-
-
750
health
-
-
-
5 150
total
-
-
-
25 032
Employee

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

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

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

26 319
-
42 409
-
health
1 355
-
2 184
-
income
3 628
-
6 850
-
pensions
3 685
-
5 937
-
unemployment
197
-
318
-
total
8 865
-
15 289
-
Employer

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

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

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

26 319
-
42 409
-
unemployment
197
-
318
-
pensions
3 158
-
5 089
-
health
1 355
-
2 184
-
total
4 710
-
7 591
-
Corporate
18 970
50 000
-
-
income
2 846
7 500
-
-
total
2 846
7 500
-
-
Dividends
16 125
42 500
-
-
withholding
2 419
6 375
-
-
total
2 419
6 375
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 840
13 875
22 880
25 032
After tax
31 160
36 125
27 120
24 968
Living cost
17 453
17 453
17 453
17 453
Free-cash
13 707
18 672
9 667
7 515

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1234
₽869
₽1944
₽785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
income
-
-
-
3 474
surtax
-
-
-
-
social contributions

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

-
-
-
17 376
total
-
-
-
20 850
Employee
39 168
-
40 403
-
social contributions
4 309
-
4 445
-
surtax
-
-
-
-
income
7 653
-
7 967
-
total
11 962
-
12 412
-
Employer
39 168
-
40 403
-
social contributions
9 302
-
9 597
-
total
9 302
-
9 597
-
Corporate
1 530
50 000
-
-
surtax
-
-
-
-
income
322
10 500
-
-
total
322
10 500
-
-
Dividends
1 209
39 500
-
-
withholding
339
11 060
-
-
total
339
11 060
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 925
21 560
22 009
20 850
After tax
28 075
28 440
27 991
29 150
Living cost
27 206
27 206
27 206
27 206
Free-cash
869
1 234
785
1 944

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1660
-₽14279
-₽7675
-₽7290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
450
income
-
-
-
7 207
pensions
-
-
-
14 151
other
-
-
-
50
unemployment
-
-
-
350
total
-
-
-
22 208
Employee
48 738
-
37 912
-
other
48
-
38
-
income
10 180
-
7 328
-
pensions
2 290
-
1 781
-
unemployment
755
-
588
-
total
13 273
-
9 735
-
Employer
48 738
-
37 912
-
accident
965
-
751
-
other
391
-
304
-
unemployment
2 681
-
2 086
-
pensions
11 502
-
8 947
-
total
15 539
-
12 088
-
Corporate
-
50 000
-
-
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.

-
7 499
-
-
total
-
7 499
-
-
Dividends
-
42 501
-
-
withholding
-
8 694
-
-
total
-
8 694
-
-
Income
50 000
50 000
50 000
50 000
Total tax
28 812
16 193
21 823
22 208
After tax
21 188
33 807
28 177
27 792
Living cost
35 467
35 467
35 467
35 467
Free-cash
-14 279
-1 660
-7 290
-7 675

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25380
₽19226
₽15712
₽16293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
7 500
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
16 917
Employee
23 001
-
43 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
4 308
-
pensions

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

2 019
-
3 097
-
total
5 630
-
9 415
-
Employer
23 001
-
43 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
22 486
50 000
-
-
income
2 249
5 000
-
-
total
2 249
5 000
-
-
Dividends
20 237
45 000
-
-
withholding
1 012
2 250
-
-
total
1 012
2 250
-
-
Income
50 000
50 000
50 000
50 000
Total tax
13 404
7 250
16 336
16 917
After tax
36 596
42 750
33 664
33 083
Living cost
17 370
17 370
17 370
17 370
Free-cash
19 226
25 380
16 293
15 712

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13018
-₽212
-₽592
-₽150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
trade
-
-
-
442
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.

-
-
-
4 071
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.

-
-
-
6 894
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.

-
-
-
224
total
-
-
-
11 631
Employee

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

50 212
-
50 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
224
-
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.

4 129
-
4 071
-
total
11 251
-
11 189
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
50 000
-
-
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.

-
412
-
-
income
-
7 499
-
-
trade
-
7 176
-
-
chamber of commerce
-
226
-
-
total
-
15 313
-
-
Dividends
-
34 687
-
-
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.

-
456
-
-
withholding
-
8 288
-
-
total
-
8 744
-
-
Income
50 000
50 000
50 000
50 000
Total tax
11 251
24 057
11 189
11 631
After tax
38 749
25 943
38 811
38 369
Living cost
38 961
38 961
38 961
38 961
Free-cash
-212
-13 018
-150
-592

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22488
-₽28941
-₽17702
-₽17702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
6 841
social contributions
-
-
-
3 374
total
-
-
-
10 215
Employee
78 939
-
50 000
-
income
14 896
-
6 841
-
social contributions
6 558
-
3 374
-
total
21 454
-
10 215
-
Employer
78 939
-
50 000
-
total
-
-
-
-
Corporate
-
50 000
-
-
income
-
6 251
-
-
total
-
6 251
-
-
Dividends
-
43 749
-
-
withholding
-
8 750
-
-
total
-
8 750
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 454
15 001
10 215
10 215
After tax
28 546
34 999
39 785
39 785
Living cost
57 487
57 487
57 487
57 487
Free-cash
-28 941
-22 488
-17 702
-17 702

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9009
-₽3944
-₽22100
-₽573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
45 446
-
income
5 023
-
4 832
-
social contributions
4 638
-
4 554
-
total
9 661
-
9 386
-
Employer
46 295
-
45 446
-
social contributions
4 638
-
4 554
-
total
4 638
-
4 554
-
Corporate
-
50 000
-
-
income
-
17 500
-
-
total
-
17 500
-
-
Dividends
-
32 500
-
-
social contributions
3 012
4 876
-
-
total
3 012
4 876
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 311
22 376
13 940
35 467
After tax
32 689
27 624
36 060
14 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
-3 944
-9 009
-573
-22 100

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154
-₽7831
₽137
-₽4654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
income
-
-
-
9 438
pensions
-
-
-
2 810
total
-
-
-
12 248
Employee
51 632
-
44 866
-
health
674
-
535
-
income
9 403
-
8 241
-
pensions
3 941
-
3 129
-
total
14 018
-
11 905
-
Employer
51 632
-
44 866
-
pensions
5 217
-
4 282
-
health
981
-
852
-
total
6 198
-
5 134
-
Corporate
-
50 000
-
-
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.

-
9 501
-
-
total
-
9 501
-
-
Dividends
-
40 499
-
-
withholding
-
3 038
-
-
total
-
3 038
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 216
12 539
17 039
12 248
After tax
29 784
37 461
32 961
37 752
Living cost
37 615
37 615
37 615
37 615
Free-cash
-7 831
-154
-4 654
137

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19846
₽383
₽10740
₽2507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
accident
-
-
-
253
income
-
-
-
8 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
15 364
Employee
37 589
-
41 535
-
health
4 304
-
4 756
-
income
5 157
-
5 698
-
pensions
4 233
-
4 677
-
total
13 694
-
15 131
-
Employer
37 589
-
41 535
-
accident
628
-
694
-
unemployment
921
-
1 018
-
pensions
6 112
-
6 754
-
total
7 661
-
8 466
-
Corporate
4 751
50 000
-
-
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.

4 276
45 000
-
-
total
4 276
45 000
-
-
Dividends
475
5 000
-
-
withholding
90
950
-
-
total
90
950
-
-
Income
50 000
50 000
50 000
50 000
Total tax
25 721
45 950
23 597
15 364
After tax
24 279
4 050
26 403
34 636
Living cost
23 896
23 896
23 896
23 896
Free-cash
383
-19 846
2 507
10 740

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Skopje , Macedonia
₽28869
₽23961
₽16308
₽16308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
50 000
work injury
-
-
-
250
health insurance
-
-
-
3 700
income
-
-
-
6 311
pensions
-
-
-
9 200
unemployment
-
-
-
600
total
-
-
-
20 061
Employee

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

21 810
-
50 000
-
work injury
109
-
250
-
income
2 181
-
6 311
-
pensions
4 013
-
9 200
-
health insurance
1 614
-
3 700
-
unemployment
262
-
600
-
total
8 179
-
20 061
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 190
50 000
-
-
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
28 190
50 000
-
-
withholding
4 229
7 500
-
-
total
4 229
7 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
12 408
7 500
20 061
20 061
After tax
37 592
42 500
29 939
29 939
Living cost
13 631
13 631
13 631
13 631
Free-cash
23 961
28 869
16 308
16 308

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13866
-₽35040
-₽13003
-₽15778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
50 000
municipal
-
-
-
335
regional
-
-
-
727
national
-
-
-
8 878
social contributions
-
-
-
12 860
total
-
-
-
22 800
Employee
85 039
-
50 000
-
social contributions
28 675
-
16 860
-
regional
1 284
-
618
-
municipal
507
-
299
-
national
14 371
-
7 798
-
total
44 837
-
25 575
-
Employer
85 039
-
50 000
-
total
-
-
-
-
Corporate
-
50 000
-
-
nationa
-
12 000
-
-
municipal
-
2 409
-
-
total
-
14 409
-
-
Dividends
-
35 591
-
-
withholding
-
9 254
-
-
total
-
9 254
-
-
Income
50 000
50 000
50 000
50 000
Total tax
44 837
23 663
25 575
22 800
After tax
5 163
26 337
24 425
27 200
Living cost
40 203
40 203
40 203
40 203
Free-cash
-35 040
-13 866
-15 778
-13 003

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Rome model

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