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
₽ 53500
per

Your estimated
City
free-cash

Dresden , Germany
-₽3237
₽7874
₽9767
₽10838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
trade
-
-
-
1 071
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.

-
-
-
5 097
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.

-
-
-
6 862
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.

-
-
-
280
total
-
-
-
13 310
Employee

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

38 417
-
53 500
-
health

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

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

6 862
-
6 862
-
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
-
280
-
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.

1 073
-
5 097
-
total
7 994
-
12 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 083
53 500
-
-
surtax

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

124
442
-
-
income
2 263
8 025
-
-
trade
2 375
8 427
-
-
chamber of commerce
173
229
-
-
total
4 935
17 123
-
-
Dividends
10 148
36 378
-
-
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.

118
478
-
-
withholding
2 156
8 713
-
-
total
2 274
9 191
-
-
Income
53 500
53 500
53 500
53 500
Total tax
15 203
26 314
12 239
13 310
After tax
38 297
27 186
41 261
40 190
Living cost
30 423
30 423
30 423
30 423
Free-cash
7 874
-3 237
10 838
9 767

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17299
-₽32198
-₽16906
-₽16487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
4 992
pensions
-
-
-
6 420
national
-
-
-
7 736
social contributions
-
-
-
575
total
-
-
-
19 723
Employee
78 568
-
46 250
-
municipal
9 704
-
5 200
-
pensions
3 143
-
1 850
-
national
15 038
-
8 057
-
total
27 885
-
15 107
-
Employer
78 568
-
46 250
-
social contributions
845
-
497
-
pensions
6 285
-
3 700
-
total
7 130
-
4 197
-
Corporate
-
53 500
-
-
income

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

-
10 700
-
-
total
-
10 700
-
-
Dividends
-
42 800
-
-
withholding
-
9 416
-
-
total
-
9 416
-
-
Income
53 500
53 500
53 500
53 500
Total tax
35 015
20 116
19 304
19 723
After tax
18 485
33 384
34 196
33 777
Living cost
50 683
50 683
50 683
50 683
Free-cash
-32 198
-17 299
-16 487
-16 906

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21903
₽13664
₽21417
₽9795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
microenterprise
-
-
-
8 025
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.

-
-
-
3 162
total
-
-
-
11 187
Employee
29 350
-
43 114
-
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.

3 229
-
4 742
-
surtax
-
-
-
-
income
5 225
-
7 681
-
total
8 454
-
12 423
-
Employer
29 350
-
43 114
-
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.

7 070
-
10 386
-
surtax
-
-
-
-
total
7 070
-
10 386
-
Corporate
17 080
53 500
-
-
income

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

3 416
10 701
-
-
total
3 416
10 701
-
-
Dividends

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

13 665
42 799
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
18 940
10 701
22 809
11 187
After tax
34 560
42 799
30 691
42 313
Living cost
20 896
20 896
20 896
20 896
Free-cash
13 664
21 903
9 795
21 417

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40603
-₽46241
-₽11447
-₽46241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
5 027
pensions
-
-
-
9 630
health
-
-
-
8 213
total
-
-
-
22 870
Employee
85 774
85 774
85 774
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 774
85 774
85 774
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
57 664
52 026
57 664
22 870
After tax
-4 164
1 474
-4 164
30 630
Living cost
42 077
42 077
42 077
42 077
Free-cash
-46 241
-40 603
-46 241
-11 447

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9752
-₽19462
-₽12294
-₽10393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
11 332
accident
-
-
-
107
pensions
-
-
-
5 783
other
-
-
-
6 217
unemployment
-
-
-
54
health
-
-
-
3 338
national
-
-
-
-
total
-
-
-
26 831
Employee
55 518
-
40 709
-
municipal
16 556
-
12 139
-
national
-
-
-
-
total
16 556
-
12 139
-
Employer
55 518
-
40 709
-
accident
111
-
81
-
other
6 451
-
4 730
-
unemployment
1 466
-
1 075
-
pensions
6 001
-
4 401
-
health
3 414
-
2 504
-
total
17 443
-
12 791
-
Corporate
-
53 500
-
-
income
-
11 770
-
-
total
-
11 770
-
-
Dividends
-
41 730
-
-
withholding
-
12 519
-
-
total
-
12 519
-
-
Income
53 500
53 500
53 500
53 500
Total tax
33 999
24 289
24 930
26 831
After tax
19 501
29 211
28 570
26 669
Living cost
38 963
38 963
38 963
38 963
Free-cash
-19 462
-9 752
-10 393
-12 294

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12548
₽1568
₽684
₽1803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
trade
-
-
-
1 119
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.

-
-
-
5 097
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.

-
-
-
6 862
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.

-
-
-
280
total
-
-
-
13 358
Employee

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

50 937
-
53 500
-
health

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

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

6 862
-
6 862
-
surtax

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

240
-
280
-
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.

4 376
-
5 097
-
total
11 478
-
12 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 563
53 500
-
-
surtax

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

21
442
-
-
income
385
8 025
-
-
trade
421
8 800
-
-
chamber of commerce
156
229
-
-
total
983
17 496
-
-
Dividends
1 580
36 004
-
-
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.

-
475
-
-
withholding
13
8 619
-
-
total
13
9 094
-
-
Income
53 500
53 500
53 500
53 500
Total tax
12 474
26 590
12 239
13 358
After tax
41 026
26 910
41 261
40 142
Living cost
39 458
39 458
39 458
39 458
Free-cash
1 568
-12 548
1 803
684

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1792
₽2686
₽9884
₽3127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
1 325
health
-
-
-
1 365
social contributions
-
-
-
8 347
total
-
-
-
11 037
Employee
77 236
77 236
77 236
-
social contributions
3 753
6 410
4 031
-
health
768
1 313
825
-
income
8 110
7 150
8 009
-
total
12 631
14 873
12 865
-
Employer
77 236
77 236
77 236
-
social contributions
3 753
6 410
4 031
-
health
837
1 430
898
-
total
4 590
7 840
4 929
-
Corporate
3 700
-
-
-
income
463
-
-
-
total
463
-
-
-
Dividends
3 237
-
-
-
withholding
551
-
-
-
total
551
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
18 235
22 713
17 794
11 037
After tax
35 265
30 787
35 706
42 463
Living cost
32 579
32 579
32 579
32 579
Free-cash
2 686
-1 792
3 127
9 884

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12084
₽12463
₽18833
₽12785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
6 540
pensions
-
-
-
5 350
unemployment
-
-
-
803
health
-
-
-
3 745
total
-
-
-
16 438
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.

26 314
10 473
44 770
-
health
1 842
733
3 134
-
income
3 217
1 280
5 473
-
pensions
2 631
1 047
4 477
-
unemployment
395
157
672
-
total
8 085
3 217
13 756
-
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.

26 314
10 473
44 770
-
pensions
5 131
2 042
8 730
-
total
5 131
2 042
8 730
-
Corporate
22 055
40 985
-
-
income
1 985
3 689
-
-
total
1 985
3 689
-
-
Dividends
20 070
37 297
-
-
social contributions
3 794
7 153
-
-
withholding
3 813
7 086
-
-
total
7 607
14 239
-
-
Income
53 500
53 500
53 500
53 500
Total tax
22 808
23 187
22 486
16 438
After tax
30 692
30 313
31 014
37 062
Living cost
18 229
18 229
18 229
18 229
Free-cash
12 463
12 084
12 785
18 833

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18538
₽12298
₽5769
₽7630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
5 814
pensions
-
-
-
10 701
health
-
-
-
6 955
total
-
-
-
23 470
Employee
28 494
-
39 986
-
income
3 208
-
6 654
-
pensions
570
-
801
-
unemployment
456
-
640
-
total
4 234
-
8 095
-
Employer
28 494
-
39 986
-
unemployment
229
-
320
-
pensions
5 699
-
7 996
-
health
3 704
-
5 198
-
total
9 632
-
13 514
-
Corporate
15 375
53 500
-
-
income
3 075
10 701
-
-
total
3 075
10 701
-
-
Dividends
12 300
42 799
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
16 941
10 701
21 609
23 470
After tax
36 559
42 799
31 891
30 030
Living cost
24 261
24 261
24 261
24 261
Free-cash
12 298
18 538
7 630
5 769

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17712
₽951
₽14972
₽6208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
253
income
-
-
-
9 505
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
16 483
Employee
34 678
-
44 442
-
health
3 971
-
5 089
-
income
4 758
-
6 097
-
pensions
3 905
-
5 004
-
total
12 634
-
16 190
-
Employer
34 678
-
44 442
-
accident
579
-
742
-
unemployment
850
-
1 089
-
pensions
5 639
-
7 226
-
total
7 068
-
9 057
-
Corporate
11 754
53 500
-
-
income

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

10 579
48 150
-
-
total
10 579
48 150
-
-
Dividends
1 175
5 350
-
-
withholding
223
1 017
-
-
total
223
1 017
-
-
Income
53 500
53 500
53 500
53 500
Total tax
30 504
49 167
25 247
16 483
After tax
22 996
4 333
28 253
37 017
Living cost
22 045
22 045
22 045
22 045
Free-cash
951
-17 712
6 208
14 972

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41725
₽40019
₽43865
₽33700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
53 500
microenterprise

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

-
-
-
535
total
-
-
-
535
Employee
11 375
-
53 500
-
income
2 275
-
10 700
-
total
2 275
-
10 700
-
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%.

42 125
53 500
-
-
total
-
-
-
-
Dividends
42 125
53 500
-
-
withholding
2 106
2 675
-
-
total
2 106
2 675
-
-
Income
53 500
53 500
53 500
53 500
Total tax
4 381
2 675
10 700
535
After tax
49 119
50 825
42 800
52 965
Living cost
9 100
9 100
9 100
9 100
Free-cash
40 019
41 725
33 700
43 865

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12544
₽5758
₽2207
₽4591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
6 795
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.

-
-
-
12 839
other
-
-
-
2 541
health
-
-
-
2 354
total
-
-
-
24 529
Employee
36 470
-
42 731
-
health
511
-
599
-
income
6 279
-
7 356
-
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.

2 552
-
2 993
-
unemployment
364
-
427
-
total
9 706
-
11 375
-
Employer
36 470
-
42 731
-
accident
292
-
341
-
other
1 824
-
2 137
-
unemployment
364
-
427
-
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.

6 201
-
7 266
-
health
511
-
599
-
total
9 192
-
10 770
-
Corporate
7 839
53 500
-
-
income
1 647
11 234
-
-
total
1 647
11 234
-
-
Dividends
6 192
42 266
-
-
withholding
433
2 958
-
-
total
433
2 958
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 978
14 192
22 145
24 529
After tax
32 522
39 308
31 355
28 971
Living cost
26 764
26 764
26 764
26 764
Free-cash
5 758
12 544
4 591
2 207

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27016
-₽54452
-₽26814
-₽32089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
10 072
pensions
-
-
-
3 140
total
-
-
-
13 212
Employee
94 939
-
47 874
-
health
1 564
-
599
-
income
17 114
-
8 752
-
pensions
9 159
-
3 511
-
total
27 837
-
12 862
-
Employer
94 939
-
47 874
-
pensions
11 210
-
4 715
-
health
1 803
-
910
-
total
13 013
-
5 625
-
Corporate
-
53 500
-
-
income

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

-
10 164
-
-
total
-
10 164
-
-
Dividends
-
43 336
-
-
withholding
-
3 250
-
-
total
-
3 250
-
-
Income
53 500
53 500
53 500
53 500
Total tax
40 850
13 414
18 487
13 212
After tax
12 650
40 086
35 013
40 288
Living cost
67 102
67 102
67 102
67 102
Free-cash
-54 452
-27 016
-32 089
-26 814

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32574
₽27911
₽22941
₽23707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
8 025
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
17 391
Employee
17 436
-
46 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
4 662
-
pensions

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

1 531
-
3 080
-
total
4 268
-
9 742
-
Employer
17 436
-
46 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
32 643
53 500
-
-
income
3 264
5 350
-
-
total
3 264
5 350
-
-
Dividends
29 379
48 150
-
-
withholding
1 468
2 408
-
-
total
1 468
2 408
-
-
Income
53 500
53 500
53 500
53 500
Total tax
12 421
7 758
16 625
17 391
After tax
41 079
45 742
36 875
36 109
Living cost
13 168
13 168
13 168
13 168
Free-cash
27 911
32 574
23 707
22 941

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽54223
-₽55928
-₽25067
-₽59861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
5 027
pensions
-
-
-
9 630
health
-
-
-
8 213
total
-
-
-
22 870
Employee
93 123
85 774
85 774
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 123
85 774
85 774
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
53 731
52 026
57 664
22 870
After tax
-231
1 474
-4 164
30 630
Living cost
55 697
55 697
55 697
55 697
Free-cash
-55 928
-54 223
-59 861
-25 067

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12816
₽4247
₽2039
₽3131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
4 598
health
-
-
-
7 222
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 622
total
-
-
-
27 442
Employee
35 322
-
39 925
-
social contributions
2 296
-
2 595
-
health
4 768
-
5 390
-
solidarity contribution
-
-
-
-
income
4 239
-
4 791
-
total
11 303
-
12 776
-
Employer
35 322
-
39 925
-
social contributions
8 831
-
9 981
-
health
3 179
-
3 593
-
total
12 010
-
13 574
-
Corporate
6 168
53 500
-
-
income
1 172
10 165
-
-
total
1 172
10 165
-
-
Dividends
4 997
43 335
-
-
withholding
749
6 500
-
-
total
749
6 500
-
-
Income
53 500
53 500
53 500
53 500
Total tax
25 234
16 665
26 350
27 442
After tax
28 266
36 835
27 150
26 058
Living cost
24 019
24 019
24 019
24 019
Free-cash
4 247
12 816
3 131
2 039

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13839
-₽35767
-₽13074
-₽16099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
318
regional
-
-
-
527
national
-
-
-
9 586
social contributions
-
-
-
13 760
total
-
-
-
24 191
Employee
89 267
-
53 500
-
social contributions
30 101
-
18 041
-
regional
842
-
460
-
municipal
473
-
284
-
national
15 468
-
8 431
-
total
46 884
-
27 216
-
Employer
89 267
-
53 500
-
total
-
-
-
-
Corporate
-
53 500
-
-
nationa
-
12 839
-
-
municipal
-
2 087
-
-
total
-
14 926
-
-
Dividends
-
38 573
-
-
withholding
-
10 030
-
-
total
-
10 030
-
-
Income
53 500
53 500
53 500
53 500
Total tax
46 884
24 956
27 216
24 191
After tax
6 616
28 544
26 284
29 309
Living cost
42 383
42 383
42 383
42 383
Free-cash
-35 767
-13 839
-16 099
-13 074

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11488
₽8361
₽8428
₽7157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
7 813
pensions
-
-
-
10 701
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
3 797
surtax
-
-
-
368
total
-
-
-
22 908
Employee
33 216
-
44 196
-
other
-
-
-
-
health
848
-
1 128
-
surtax
109
-
313
-
income
5 568
-
7 409
-
pensions
2 215
-
2 949
-
unemployment
2 312
-
3 076
-
total
11 052
-
14 875
-
Employer
33 216
-
44 196
-
other
-
-
-
-
unemployment
1 052
-
1 401
-
pensions
4 428
-
5 892
-
health
1 512
-
2 011
-
total
6 992
-
9 304
-
Corporate
13 293
53 500
-
-
income
3 456
13 911
-
-
total
3 456
13 911
-
-
Dividends
9 837
39 589
-
-
withholding
1 475
5 937
-
-
total
1 475
5 937
-
-
Income
53 500
53 500
53 500
53 500
Total tax
22 975
19 848
24 179
22 908
After tax
30 525
33 652
29 321
30 592
Living cost
22 164
22 164
22 164
22 164
Free-cash
8 361
11 488
7 157
8 428

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5756
-₽18221
-₽5554
-₽10829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
10 072
pensions
-
-
-
3 140
total
-
-
-
13 212
Employee
63 626
-
47 874
-
health
924
-
599
-
income
11 459
-
8 752
-
pensions
5 400
-
3 511
-
total
17 783
-
12 862
-
Employer
63 626
-
47 874
-
pensions
6 887
-
4 715
-
health
1 209
-
910
-
total
8 096
-
5 625
-
Corporate
-
53 500
-
-
income

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

-
10 164
-
-
total
-
10 164
-
-
Dividends
-
43 336
-
-
withholding
-
3 250
-
-
total
-
3 250
-
-
Income
53 500
53 500
53 500
53 500
Total tax
25 879
13 414
18 487
13 212
After tax
27 621
40 086
35 013
40 288
Living cost
45 842
45 842
45 842
45 842
Free-cash
-18 221
-5 756
-10 829
-5 554

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51926
-₽44410
-₽30934
-₽33701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
city
-
-
-
563
pensions
-
-
-
4 923
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.

-
-
-
1 069
regional
-
-
-
1 095
health
-
-
-
249
national
-
-
-
145
total
-
-
-
8 044
Employee
89 396
-
47 867
-
city
959
-
514
-
regional
2 927
-
926
-
health
202
-
108
-
pensions
7 510
-
4 042
-
unemployment
-
-
-
-
national
423
-
114
-
total
12 021
-
5 704
-
Employer
89 396
-
47 867
-
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.

1 787
-
957
-
unemployment
-
-
-
-
pensions
7 510
-
4 042
-
health
202
-
108
-
total
9 499
-
5 107
-
Corporate
-
53 500
-
-
regional
-
11 315
-
-
national
-
4 548
-
-
total
-
15 863
-
-
Dividends
-
37 637
-
-
withholding
-
13 173
-
-
total
-
13 173
-
-
Income
53 500
53 500
53 500
53 500
Total tax
21 520
29 036
10 811
8 044
After tax
31 980
24 464
42 689
45 456
Living cost
76 390
76 390
76 390
76 390
Free-cash
-44 410
-51 926
-33 701
-30 934

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19380
-₽6864
-₽5919
-₽4752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
trade
-
-
-
1 167
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.

-
-
-
5 097
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.

-
-
-
6 862
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.

-
-
-
280
total
-
-
-
13 406
Employee

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

60 364
-
53 500
-
health

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

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

6 862
-
6 862
-
surtax

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

391
-
280
-
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.

7 098
-
5 097
-
total
14 351
-
12 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
53 500
-
-
surtax

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

-
442
-
-
income
-
8 025
-
-
trade
-
9 176
-
-
chamber of commerce
-
229
-
-
total
-
17 872
-
-
Dividends
-
35 629
-
-
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.

-
469
-
-
withholding
-
8 526
-
-
total
-
8 995
-
-
Income
53 500
53 500
53 500
53 500
Total tax
14 351
26 867
12 239
13 406
After tax
39 149
26 633
41 261
40 094
Living cost
46 013
46 013
46 013
46 013
Free-cash
-6 864
-19 380
-4 752
-5 919

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7402
-₽2914
-₽2211
-₽1638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
2 184
pensions
-
-
-
15 514
other
-
-
-
1 658
health
-
-
-
465
surtax
-
-
-
-
social contributions
-
-
-
1 525
total
-
-
-
21 346
Employee
42 988
-
40 767
-
social contributions
1 226
-
1 161
-
surtax
-
-
-
-
income
2 537
-
2 268
-
pensions
4 861
-
4 613
-
total
8 624
-
8 042
-
Employer
42 988
-
40 767
-
other
1 483
-
1 407
-
social contributions
130
-
122
-
unemployment
1 740
-
1 651
-
pensions
7 062
-
6 698
-
health
3 010
-
2 853
-
total
13 425
-
12 731
-
Corporate
-
53 500
-
-
surtax
-
-
-
-
income
-
14 980
-
-
total
-
14 980
-
-
Dividends
-
38 520
-
-
surtax
-
-
-
-
social contributions
-
6 626
-
-
withholding
-
4 931
-
-
total
-
11 557
-
-
Income
53 500
53 500
53 500
53 500
Total tax
22 049
26 537
20 773
21 346
After tax
31 451
26 963
32 727
32 154
Living cost
34 365
34 365
34 365
34 365
Free-cash
-2 914
-7 402
-1 638
-2 211

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3997
₽1584
₽1194
₽1767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
2 184
pensions
-
-
-
15 514
other
-
-
-
1 658
health
-
-
-
465
surtax
-
-
-
-
social contributions
-
-
-
1 525
total
-
-
-
21 346
Employee
38 373
-
40 767
-
social contributions
1 094
-
1 161
-
surtax
-
-
-
-
income
1 979
-
2 268
-
pensions
4 340
-
4 613
-
total
7 413
-
8 042
-
Employer
38 373
-
40 767
-
other
1 325
-
1 407
-
social contributions
114
-
122
-
unemployment
1 553
-
1 651
-
pensions
6 305
-
6 698
-
health
2 686
-
2 853
-
total
11 983
-
12 731
-
Corporate
3 144
53 500
-
-
surtax
-
-
-
-
income
881
14 980
-
-
total
881
14 980
-
-
Dividends
2 263
38 520
-
-
surtax
-
-
-
-
social contributions
389
6 626
-
-
withholding
290
4 931
-
-
total
679
11 557
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 956
26 537
20 773
21 346
After tax
32 544
26 963
32 727
32 154
Living cost
30 960
30 960
30 960
30 960
Free-cash
1 584
-3 997
1 767
1 194

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11342
₽11864
₽13060
₽10931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
8 025
health
-
-
-
3 734
social contributions
-
-
-
7 382
total
-
-
-
19 141
Employee
34 056
-
53 500
-
social contributions
4 700
-
7 382
-
health
2 377
-
3 734
-
income
5 680
-
10 154
-
total
12 757
-
21 270
-
Employer
34 056
-
53 500
-
total
-
-
-
-
Corporate
19 444
53 500
-
-
income

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

972
2 674
-
-
total
972
2 674
-
-
Dividends
18 472
50 826
-
-
health
1 289
3 547
-
-
social contributions
2 548
7 014
-
-
withholding
2 771
7 624
-
-
total
6 608
18 185
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 337
20 859
21 270
19 141
After tax
33 163
32 641
32 230
34 359
Living cost
21 299
21 299
21 299
21 299
Free-cash
11 864
11 342
10 931
13 060

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4983
-₽12293
-₽5548
-₽14125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
chamber of commerce
-
-
-
213
income
-
-
-
3 095
pensions
-
-
-
9 898
unemployment
-
-
-
6 160
health
-
-
-
4 092
surtax
-
-
-
198
total
-
-
-
23 656
Employee
50 197
40 028
41 391
-
other
501
400
414
-
health
1 942
1 550
1 601
-
income
5 714
2 953
3 233
-
pensions
5 141
4 098
4 239
-
unemployment
1 506
1 201
1 241
-
total
14 804
10 202
10 728
-
Employer
50 197
40 028
41 391
-
accident
652
520
538
-
other
2 385
1 900
1 967
-
chamber of commerce
200
160
166
-
unemployment
1 506
1 201
1 241
-
surtax
198
198
198
-
pensions
6 300
5 024
5 194
-
payroll
1 506
1 201
1 241
-
health
1 897
1 513
1 565
-
total
14 644
11 717
12 110
-
Corporate
3 812
3 812
37 578
-
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.

953
953
9 395
-
total
953
953
9 395
-
Dividends
-
800
-
-
withholding
-
219
-
-
total
-
219
-
-
Income
53 500
53 500
53 500
53 500
Total tax
30 401
23 091
32 233
23 656
After tax
23 099
30 409
21 267
29 844
Living cost
35 392
35 392
35 392
35 392
Free-cash
-12 293
-4 983
-14 125
-5 548

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6448
-₽39262
-₽7238
-₽13383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
national
-
-
-
15 442
communal

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

-
-
-
2 861
social contributions
-
-
-
5 812
total
-
-
-
24 115
Employee

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

71 847
-
41 438
-
communal

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

3 747
-
2 162
-
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.

3 376
-
1 948
-
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.

5 389
-
3 107
-
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.

625
-
360
-
national
22 089
-
10 622
-
total
35 226
-
18 199
-
Employer

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

71 847
-
41 438
-
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.

934
-
538
-
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.

1 048
-
604
-
surtax
8 147
-
4 700
-
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.

6 366
-
3 671
-
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.

4 418
-
2 548
-
total
20 913
-
12 061
-
Corporate
-
53 500
-
-
surtax
-
213
-
-
income
-
10 701
-
-
total
-
10 914
-
-
Dividends
-
42 586
-
-
withholding

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

-
12 411
-
-
total
-
12 411
-
-
Income
53 500
53 500
53 500
53 500
Total tax
56 139
23 325
30 260
24 115
After tax
-2 639
30 175
23 240
29 385
Living cost
36 623
36 623
36 623
36 623
Free-cash
-39 262
-6 448
-13 383
-7 238

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽120
-₽12435
-₽6626
-₽6213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
482
income
-
-
-
7 803
pensions
-
-
-
15 140
other
-
-
-
53
unemployment
-
-
-
374
total
-
-
-
23 852
Employee
49 998
-
40 565
-
other
50
-
40
-
income
10 549
-
7 930
-
pensions
2 350
-
1 906
-
unemployment
776
-
629
-
total
13 725
-
10 505
-
Employer
49 998
-
40 565
-
accident
989
-
802
-
other
398
-
326
-
unemployment
2 750
-
2 232
-
pensions
11 799
-
9 574
-
total
15 936
-
12 934
-
Corporate
-
53 500
-
-
income

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

-
8 025
-
-
total
-
8 025
-
-
Dividends
-
45 475
-
-
withholding
-
9 321
-
-
total
-
9 321
-
-
Income
53 500
53 500
53 500
53 500
Total tax
29 661
17 346
23 439
23 852
After tax
23 839
36 154
30 061
29 648
Living cost
36 274
36 274
36 274
36 274
Free-cash
-12 435
-120
-6 213
-6 626

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20924
-₽31651
-₽18912
-₽17814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
482
income
-
-
-
1 942
pensions
-
-
-
8 560
health
-
-
-
4 012
surtax
-
-
-
2 831
communal
-
-
-
-
total
-
-
-
17 827
Employee
76 064
-
47 787
-
health
3 385
-
2 127
-
surtax
4 662
-
2 928
-
income
7 347
-
2 137
-
pensions
6 084
-
3 824
-
total
21 478
-
11 016
-
Employer
76 064
-
47 787
-
accident
684
-
431
-
pensions
6 084
-
3 824
-
health
2 320
-
1 458
-
total
9 088
-
5 713
-
Corporate
-
53 500
-
-
surtax
-
562
-
-
communal
-
3 612
-
-
income
-
8 025
-
-
total
-
12 199
-
-
Dividends
-
41 301
-
-
income
-
1 445
-
-
withholding
-
6 195
-
-
total
-
7 640
-
-
Income
53 500
53 500
53 500
53 500
Total tax
30 566
19 839
16 729
17 827
After tax
22 934
33 661
36 771
35 673
Living cost
54 585
54 585
54 585
54 585
Free-cash
-31 651
-20 924
-17 814
-18 912

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11091
₽7897
₽8031
₽6760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
7 813
pensions
-
-
-
10 701
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
3 797
surtax
-
-
-
368
total
-
-
-
22 908
Employee
33 826
-
44 196
-
other
-
-
-
-
health
863
-
1 128
-
surtax
120
-
313
-
income
5 671
-
7 409
-
pensions
2 257
-
2 949
-
unemployment
2 354
-
3 076
-
total
11 265
-
14 875
-
Employer
33 826
-
44 196
-
other
-
-
-
-
unemployment
1 073
-
1 401
-
pensions
4 510
-
5 892
-
health
1 538
-
2 011
-
total
7 121
-
9 304
-
Corporate
12 553
53 500
-
-
income
3 263
13 911
-
-
total
3 263
13 911
-
-
Dividends
9 290
39 589
-
-
withholding
1 393
5 937
-
-
total
1 393
5 937
-
-
Income
53 500
53 500
53 500
53 500
Total tax
23 042
19 848
24 179
22 908
After tax
30 458
33 652
29 321
30 592
Living cost
22 561
22 561
22 561
22 561
Free-cash
7 897
11 091
6 760
8 031

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1064
-₽2217
₽1972
-₽1033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
318
regional
-
-
-
807
national
-
-
-
9 586
social contributions
-
-
-
13 760
total
-
-
-
24 471
Employee
55 717
-
53 500
-
social contributions
18 788
-
18 041
-
regional
750
-
720
-
municipal
295
-
284
-
national
8 827
-
8 431
-
total
28 660
-
27 476
-
Employer
55 717
-
53 500
-
total
-
-
-
-
Corporate
-
53 500
-
-
nationa
-
12 839
-
-
municipal
-
2 659
-
-
total
-
15 498
-
-
Dividends
-
38 002
-
-
withholding
-
9 881
-
-
total
-
9 881
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 660
25 379
27 476
24 471
After tax
24 840
28 121
26 024
29 029
Living cost
27 057
27 057
27 057
27 057
Free-cash
-2 217
1 064
-1 033
1 972

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7237
-₽4825
-₽3540
-₽2448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
4 598
health
-
-
-
7 222
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 622
total
-
-
-
27 442
Employee
43 526
-
39 925
-
social contributions
2 829
-
2 595
-
health
5 876
-
5 390
-
solidarity contribution
-
-
-
-
income
5 223
-
4 791
-
total
13 928
-
12 776
-
Employer
43 526
-
39 925
-
social contributions
10 882
-
9 981
-
health
3 917
-
3 593
-
total
14 799
-
13 574
-
Corporate
-
53 500
-
-
income
-
10 165
-
-
total
-
10 165
-
-
Dividends
-
43 335
-
-
withholding
-
6 500
-
-
total
-
6 500
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 727
16 665
26 350
27 442
After tax
24 773
36 835
27 150
26 058
Living cost
29 598
29 598
29 598
29 598
Free-cash
-4 825
7 237
-2 448
-3 540

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1493
-₽3993
-₽2003
-₽10723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
chamber of commerce
-
-
-
213
income
-
-
-
3 095
pensions
-
-
-
9 898
unemployment
-
-
-
6 160
health
-
-
-
4 092
surtax
-
-
-
-
total
-
-
-
23 458
Employee
43 906
40 028
41 545
-
other
438
400
416
-
health
1 698
1 550
1 609
-
income
3 911
2 953
3 263
-
pensions
4 496
4 098
4 254
-
unemployment
1 317
1 201
1 247
-
total
11 860
10 202
10 789
-
Employer
43 906
40 028
41 545
-
accident
570
520
539
-
other
2 085
1 900
1 973
-
chamber of commerce
175
160
166
-
unemployment
1 317
1 201
1 247
-
surtax
-
-
-
-
pensions
5 511
5 024
5 213
-
payroll
1 317
1 201
1 247
-
health
1 660
1 513
1 571
-
total
12 635
11 519
11 956
-
Corporate
3 812
3 812
37 733
-
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.

953
953
9 433
-
total
953
953
9 433
-
Dividends
-
999
-
-
withholding
-
274
-
-
total
-
274
-
-
Income
53 500
53 500
53 500
53 500
Total tax
25 448
22 948
32 178
23 458
After tax
28 052
30 552
21 322
30 042
Living cost
32 045
32 045
32 045
32 045
Free-cash
-3 993
-1 493
-10 723
-2 003

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36644
₽33986
₽38784
₽28619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
53 500
microenterprise

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

-
-
-
535
total
-
-
-
535
Employee
17 726
-
53 500
-
income
3 545
-
10 700
-
total
3 545
-
10 700
-
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%.

35 774
53 500
-
-
total
-
-
-
-
Dividends
35 774
53 500
-
-
withholding
1 788
2 675
-
-
total
1 788
2 675
-
-
Income
53 500
53 500
53 500
53 500
Total tax
5 333
2 675
10 700
535
After tax
48 167
50 825
42 800
52 965
Living cost
14 181
14 181
14 181
14 181
Free-cash
33 986
36 644
28 619
38 784

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9894
₽1493
₽2762
₽1065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
income
-
-
-
8 681
pensions
-
-
-
9 771
unemployment
-
-
-
80
health
-
-
-
5 265
total
-
-
-
23 797
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.

44 416
-
46 293
-
health
2 869
-
2 991
-
income
7 659
-
8 056
-
pensions
6 885
-
7 175
-
unemployment
63
-
65
-
total
17 476
-
18 287
-
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.

44 416
-
46 293
-
unemployment
27
-
29
-
pensions
3 930
-
4 096
-
health
2 958
-
3 082
-
total
6 915
-
7 207
-
Corporate
2 169
53 500
-
-
income
412
10 165
-
-
total
412
10 165
-
-
Dividends
1 757
43 335
-
-
withholding
263
6 500
-
-
total
263
6 500
-
-
Income
53 500
53 500
53 500
53 500
Total tax
25 066
16 665
25 494
23 797
After tax
28 434
36 835
28 006
29 703
Living cost
26 941
26 941
26 941
26 941
Free-cash
1 493
9 894
1 065
2 762

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11013
-₽97033
-₽6589
-₽3344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
10 428
social contributions
-
-
-
6 099
total
-
-
-
16 527
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
53 500
-
-
income
-
11 770
-
-
total
-
11 770
-
-
Dividends
-
41 730
-
-
income
-
9 181
-
-
total
-
9 181
-
-
Income
53 500
53 500
53 500
53 500
Total tax
106 971
20 951
13 282
16 527
After tax
-53 471
32 549
40 218
36 973
Living cost
43 562
43 562
43 562
43 562
Free-cash
-97 033
-11 013
-3 344
-6 589

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1075
-₽3668
-₽464
-₽1724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
income
-
-
-
3 866
surtax
-
-
-
-
social contributions

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

-
-
-
18 592
total
-
-
-
22 458
Employee
46 196
-
43 232
-
social contributions
5 082
-
4 756
-
surtax
-
-
-
-
income
9 609
-
8 694
-
total
14 691
-
13 450
-
Employer
46 196
-
43 232
-
social contributions
10 971
-
10 268
-
total
10 971
-
10 268
-
Corporate
-
53 500
-
-
surtax
-
-
-
-
income
-
11 234
-
-
total
-
11 234
-
-
Dividends
-
42 266
-
-
withholding
-
11 835
-
-
total
-
11 835
-
-
Income
53 500
53 500
53 500
53 500
Total tax
25 662
23 069
23 718
22 458
After tax
27 838
30 431
29 782
31 042
Living cost
31 506
31 506
31 506
31 506
Free-cash
-3 668
-1 075
-1 724
-464

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21549
-₽29056
-₽16358
-₽15785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
2 184
pensions
-
-
-
15 514
other
-
-
-
1 658
health
-
-
-
465
surtax
-
-
-
-
social contributions
-
-
-
1 525
total
-
-
-
21 346
Employee
62 909
-
40 767
-
social contributions
1 792
-
1 161
-
surtax
-
-
-
-
income
5 489
-
2 268
-
pensions
7 115
-
4 613
-
total
14 396
-
8 042
-
Employer
62 909
-
40 767
-
other
2 171
-
1 407
-
social contributions
189
-
122
-
unemployment
2 548
-
1 651
-
pensions
10 337
-
6 698
-
health
4 403
-
2 853
-
total
19 648
-
12 731
-
Corporate
-
53 500
-
-
surtax
-
-
-
-
income
-
14 980
-
-
total
-
14 980
-
-
Dividends
-
38 520
-
-
surtax
-
-
-
-
social contributions
-
6 626
-
-
withholding
-
4 931
-
-
total
-
11 557
-
-
Income
53 500
53 500
53 500
53 500
Total tax
34 044
26 537
20 773
21 346
After tax
19 456
26 963
32 727
32 154
Living cost
48 512
48 512
48 512
48 512
Free-cash
-29 056
-21 549
-15 785
-16 358

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17957
₽14583
₽11537
₽13115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
-
social contributions
-
-
-
11 770
total
-
-
-
11 770
Employee
32 291
-
46 320
-
income
-
-
-
-
social contributions
2 099
-
3 012
-
total
2 099
-
3 012
-
Employer
32 291
-
46 320
-
social contributions
5 005
-
7 180
-
total
5 005
-
7 180
-
Corporate
16 203
53 500
-
-
income
1 620
5 350
-
-
total
1 620
5 350
-
-
Dividends
14 583
48 150
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
8 724
5 350
10 192
11 770
After tax
44 776
48 150
43 308
41 730
Living cost
30 193
30 193
30 193
30 193
Free-cash
14 583
17 957
13 115
11 537

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽165340
-₽165340
-₽13376
-₽165340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
8 464
pensions
-
-
-
871
national
-
-
-
4 958
labour market
-
-
-
4 210
total
-
-
-
18 503
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
170 467
170 467
170 467
18 503
After tax
-116 967
-116 967
-116 967
34 997
Living cost
48 373
48 373
48 373
48 373
Free-cash
-165 340
-165 340
-165 340
-13 376

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17387
₽1003
₽15297
₽6533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
253
income
-
-
-
9 505
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
16 483
Employee
34 167
-
44 442
-
health
3 912
-
5 089
-
income
4 687
-
6 097
-
pensions
3 847
-
5 004
-
total
12 446
-
16 190
-
Employer
34 167
-
44 442
-
accident
571
-
742
-
unemployment
837
-
1 089
-
pensions
5 555
-
7 226
-
total
6 963
-
9 057
-
Corporate
12 370
53 500
-
-
income

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

11 133
48 150
-
-
total
11 133
48 150
-
-
Dividends
1 237
5 350
-
-
withholding
235
1 017
-
-
total
235
1 017
-
-
Income
53 500
53 500
53 500
53 500
Total tax
30 777
49 167
25 247
16 483
After tax
22 723
4 333
28 253
37 017
Living cost
21 720
21 720
21 720
21 720
Free-cash
1 003
-17 387
6 533
15 297

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1541
-₽9316
₽3491
-₽5376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
53 500
municipal
-
-
-
9 557
health
-
-
-
404
national
-
-
-
1 485
total
-
-
-
11 446
Employee
52 845
-
45 006
-
health
395
-
274
-
municipal
8 656
-
7 384
-
pensions
3 566
-
3 038
-
unemployment
793
-
675
-
national
873
-
448
-
total
14 283
-
11 819
-
Employer
52 845
-
45 006
-
accident
53
-
46
-
unemployment
343
-
292
-
pensions
9 168
-
7 809
-
health
406
-
347
-
total
9 970
-
8 494
-
Corporate
-
53 500
-
-
income
-
10 701
-
-
total
-
10 701
-
-
Dividends

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

-
32 099
-
-
national
-
-
-
-
municipal
-
5 777
-
-
total
-
5 777
-
-
Income
53 500
53 500
53 500
53 500
Total tax
24 253
16 478
20 313
11 446
After tax
29 247
37 022
33 187
42 054
Living cost
38 563
38 563
38 563
38 563
Free-cash
-9 316
-1 541
-5 376
3 491

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7532
₽10709
₽19208
₽12451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
1 325
health
-
-
-
1 365
social contributions
-
-
-
8 347
total
-
-
-
11 037
Employee
77 236
77 236
77 236
-
social contributions
2 920
6 410
4 031
-
health
599
1 313
825
-
income
8 410
7 150
8 009
-
total
11 929
14 873
12 865
-
Employer
77 236
77 236
77 236
-
social contributions
2 920
6 410
4 031
-
health
650
1 430
898
-
total
3 570
7 840
4 929
-
Corporate
14 746
-
-
-
income
1 843
-
-
-
total
1 843
-
-
-
Dividends
12 903
-
-
-
withholding
2 194
-
-
-
total
2 194
-
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 536
22 713
17 794
11 037
After tax
33 964
30 787
35 706
42 463
Living cost
23 255
23 255
23 255
23 255
Free-cash
10 709
7 532
12 451
19 208

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28356
₽23248
₽23076
₽17216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 500
income
-
-
-
4 424
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
14 477
Employee

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

23 055
-
48 504
-
health
1 959
-
4 123
-
income
1 576
-
3 700
-
pensions
3 458
-
7 276
-
unemployment
114
-
242
-
total
7 107
-
15 341
-
Employer

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

23 055
-
48 504
-
unemployment
114
-
242
-
pensions
1 268
-
2 669
-
health
991
-
2 085
-
total
2 373
-
4 996
-
Corporate
28 072
53 500
-
-
income
2 526
4 815
-
-
total
2 526
4 815
-
-
Dividends
25 546
48 685
-
-
withholding
2 299
4 382
-
-
total
2 299
4 382
-
-
Income
53 500
53 500
53 500
53 500
Total tax
14 305
9 197
20 337
14 477
After tax
39 195
44 303
33 163
39 023
Living cost
15 947
15 947
15 947
15 947
Free-cash
23 248
28 356
17 216
23 076

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8533
₽3112
₽2027
₽2440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
482
income
-
-
-
7 803
pensions
-
-
-
15 140
other
-
-
-
53
unemployment
-
-
-
374
total
-
-
-
23 852
Employee
37 140
-
40 565
-
other
36
-
40
-
income
7 160
-
7 930
-
pensions
1 746
-
1 906
-
unemployment
576
-
629
-
total
9 518
-
10 505
-
Employer
37 140
-
40 565
-
accident
736
-
802
-
other
297
-
326
-
unemployment
2 043
-
2 232
-
pensions
8 764
-
9 574
-
total
11 840
-
12 934
-
Corporate
4 520
53 500
-
-
income

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

679
8 025
-
-
total
679
8 025
-
-
Dividends
3 841
45 475
-
-
withholding
730
9 321
-
-
total
730
9 321
-
-
Income
53 500
53 500
53 500
53 500
Total tax
22 767
17 346
23 439
23 852
After tax
30 733
36 154
30 061
29 648
Living cost
27 621
27 621
27 621
27 621
Free-cash
3 112
8 533
2 440
2 027

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30633
₽30180
₽30408
₽30212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
16 879
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
20 341
Employee
4 190
-
51 243
-
health
210
-
502
-
income
811
-
16 774
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
18 279
-
Employer
4 190
-
51 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
48 367
53 500
-
-
income
10 641
11 770
-
-
total
10 641
11 770
-
-
Dividends
37 726
41 730
-
-
withholding
7 545
8 346
-
-
total
7 545
8 346
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 569
20 116
20 537
20 341
After tax
32 931
33 384
32 963
33 159
Living cost
2 751
2 751
2 751
2 751
Free-cash
30 180
30 633
30 212
30 408

Estimated living cost  is ₽2751 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21284
₽16343
₽9221
₽11526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
income
-
-
-
6 685
pensions
-
-
-
13 910
unemployment
-
-
-
803
health
-
-
-
5 511
total
-
-
-
26 909
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.

26 193
-
45 377
-
health
1 349
-
2 337
-
income
3 610
-
7 452
-
pensions
3 667
-
6 353
-
unemployment
196
-
340
-
total
8 822
-
16 482
-
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.

26 193
-
45 377
-
unemployment
196
-
340
-
pensions
3 143
-
5 445
-
health
1 349
-
2 337
-
total
4 688
-
8 122
-
Corporate
22 619
53 500
-
-
income
3 393
8 025
-
-
total
3 393
8 025
-
-
Dividends
19 226
45 475
-
-
withholding
2 884
6 821
-
-
total
2 884
6 821
-
-
Income
53 500
53 500
53 500
53 500
Total tax
19 787
14 846
24 604
26 909
After tax
33 713
38 654
28 896
26 591
Living cost
17 370
17 370
17 370
17 370
Free-cash
16 343
21 284
11 526
9 221

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3352
₽2990
₽3963
₽2703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
income
-
-
-
3 866
surtax
-
-
-
-
social contributions

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

-
-
-
18 592
total
-
-
-
22 458
Employee
38 984
-
43 232
-
social contributions
4 289
-
4 756
-
surtax
-
-
-
-
income
7 617
-
8 694
-
total
11 906
-
13 450
-
Employer
38 984
-
43 232
-
social contributions
9 258
-
10 268
-
total
9 258
-
10 268
-
Corporate
5 258
53 500
-
-
surtax
-
-
-
-
income
1 104
11 234
-
-
total
1 104
11 234
-
-
Dividends
4 154
42 266
-
-
withholding
1 163
11 835
-
-
total
1 163
11 835
-
-
Income
53 500
53 500
53 500
53 500
Total tax
23 431
23 069
23 718
22 458
After tax
30 069
30 431
29 782
31 042
Living cost
27 079
27 079
27 079
27 079
Free-cash
2 990
3 352
2 703
3 963

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽854
-₽10478
-₽5652
-₽5239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
482
income
-
-
-
7 803
pensions
-
-
-
15 140
other
-
-
-
53
unemployment
-
-
-
374
total
-
-
-
23 852
Employee
48 509
-
40 565
-
other
48
-
40
-
income
10 132
-
7 930
-
pensions
2 280
-
1 906
-
unemployment
751
-
629
-
total
13 211
-
10 505
-
Employer
48 509
-
40 565
-
accident
961
-
802
-
other
389
-
326
-
unemployment
2 669
-
2 232
-
pensions
11 448
-
9 574
-
total
15 467
-
12 934
-
Corporate
-
53 500
-
-
income

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

-
8 025
-
-
total
-
8 025
-
-
Dividends
-
45 475
-
-
withholding
-
9 321
-
-
total
-
9 321
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 678
17 346
23 439
23 852
After tax
24 822
36 154
30 061
29 648
Living cost
35 300
35 300
35 300
35 300
Free-cash
-10 478
854
-5 239
-5 652

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28466
₽22348
₽18833
₽19599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
8 025
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
17 391
Employee
22 876
-
46 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
4 662
-
pensions

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

2 008
-
3 080
-
total
5 599
-
9 742
-
Employer
22 876
-
46 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
26 135
53 500
-
-
income
2 613
5 350
-
-
total
2 613
5 350
-
-
Dividends
23 522
48 150
-
-
withholding
1 176
2 408
-
-
total
1 176
2 408
-
-
Income
53 500
53 500
53 500
53 500
Total tax
13 876
7 758
16 625
17 391
After tax
39 624
45 742
36 875
36 109
Living cost
17 276
17 276
17 276
17 276
Free-cash
22 348
28 466
19 599
18 833

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11044
₽2098
₽1507
₽2483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
trade
-
-
-
976
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.

-
-
-
5 097
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.

-
-
-
6 862
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.

-
-
-
280
total
-
-
-
13 215
Employee

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

49 976
-
53 500
-
health

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

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

6 862
-
6 862
-
surtax

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

227
-
280
-
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.

4 110
-
5 097
-
total
11 199
-
12 239
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 524
53 500
-
-
surtax

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

29
442
-
-
income
528
8 025
-
-
trade
505
7 678
-
-
chamber of commerce
158
231
-
-
total
1 220
16 376
-
-
Dividends
2 304
37 125
-
-
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.

11
490
-
-
withholding
194
8 900
-
-
total
205
9 390
-
-
Income
53 500
53 500
53 500
53 500
Total tax
12 624
25 766
12 239
13 215
After tax
40 876
27 734
41 261
40 285
Living cost
38 778
38 778
38 778
38 778
Free-cash
2 098
-11 044
2 483
1 507

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19767
-₽25070
-₽15043
-₽15043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
7 556
social contributions
-
-
-
3 770
total
-
-
-
11 326
Employee
78 569
-
53 500
-
income
14 826
-
7 556
-
social contributions
6 527
-
3 770
-
total
21 353
-
11 326
-
Employer
78 569
-
53 500
-
total
-
-
-
-
Corporate
-
53 500
-
-
income
-
6 687
-
-
total
-
6 687
-
-
Dividends
-
46 813
-
-
withholding
-
9 363
-
-
total
-
9 363
-
-
Income
53 500
53 500
53 500
53 500
Total tax
21 353
16 050
11 326
11 326
After tax
32 147
37 450
42 174
42 174
Living cost
57 217
57 217
57 217
57 217
Free-cash
-25 070
-19 767
-15 043
-15 043

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6903
-₽1175
-₽18282
₽2100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
48 880
-
income
5 000
-
5 699
-
social contributions
4 617
-
4 620
-
total
9 617
-
10 319
-
Employer
46 077
-
48 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
2 806
53 500
-
-
income
982
18 725
-
-
total
982
18 725
-
-
Dividends
1 825
34 775
-
-
social contributions
2 998
5 217
-
-
total
2 998
5 217
-
-
Income
53 500
53 500
53 500
53 500
Total tax
18 214
23 942
14 939
35 321
After tax
35 286
29 558
38 561
18 179
Living cost
36 461
36 461
36 461
36 461
Free-cash
-1 175
-6 903
2 100
-18 282

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽2818
-₽3795
₽3020
-₽2255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
income
-
-
-
10 072
pensions
-
-
-
3 140
total
-
-
-
13 212
Employee
51 156
-
47 874
-
health
667
-
599
-
income
9 316
-
8 752
-
pensions
3 904
-
3 511
-
total
13 887
-
12 862
-
Employer
51 156
-
47 874
-
pensions
5 168
-
4 715
-
health
972
-
910
-
total
6 140
-
5 625
-
Corporate
-
53 500
-
-
income

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

-
10 164
-
-
total
-
10 164
-
-
Dividends
-
43 336
-
-
withholding
-
3 250
-
-
total
-
3 250
-
-
Income
53 500
53 500
53 500
53 500
Total tax
20 027
13 414
18 487
13 212
After tax
33 473
40 086
35 013
40 288
Living cost
37 268
37 268
37 268
37 268
Free-cash
-3 795
2 818
-2 255
3 020

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19538
₽672
₽13146
₽4382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
accident
-
-
-
253
income
-
-
-
9 505
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
16 483
Employee
37 549
-
44 442
-
health
4 299
-
5 089
-
income
5 151
-
6 097
-
pensions
4 228
-
5 004
-
total
13 678
-
16 190
-
Employer
37 549
-
44 442
-
accident
627
-
742
-
unemployment
920
-
1 089
-
pensions
6 105
-
7 226
-
total
7 652
-
9 057
-
Corporate
8 299
53 500
-
-
income

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

7 469
48 150
-
-
total
7 469
48 150
-
-
Dividends
830
5 350
-
-
withholding
158
1 017
-
-
total
158
1 017
-
-
Income
53 500
53 500
53 500
53 500
Total tax
28 957
49 167
25 247
16 483
After tax
24 543
4 333
28 253
37 017
Living cost
23 871
23 871
23 871
23 871
Free-cash
672
-19 538
4 382
13 146

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31909
₽27025
₽18267
₽18267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
53 500
work injury
-
-
-
268
health insurance
-
-
-
3 959
income
-
-
-
6 954
pensions
-
-
-
9 844
unemployment
-
-
-
642
total
-
-
-
21 667
Employee

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

21 706
-
53 500
-
work injury
109
-
268
-
income
2 171
-
6 954
-
pensions
3 994
-
9 844
-
health insurance
1 606
-
3 959
-
unemployment
260
-
642
-
total
8 140
-
21 667
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 794
53 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
31 794
53 500
-
-
withholding
4 769
8 025
-
-
total
4 769
8 025
-
-
Income
53 500
53 500
53 500
53 500
Total tax
12 909
8 025
21 667
21 667
After tax
40 591
45 475
31 833
31 833
Living cost
13 566
13 566
13 566
13 566
Free-cash
27 025
31 909
18 267
18 267

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11834
-₽31140
-₽11018
-₽13985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
53 500
municipal
-
-
-
358
regional
-
-
-
800
national
-
-
-
9 586
social contributions
-
-
-
13 760
total
-
-
-
24 504
Employee
84 639
-
53 500
-
social contributions
28 540
-
18 041
-
regional
1 278
-
681
-
municipal
505
-
318
-
national
14 303
-
8 431
-
total
44 626
-
27 471
-
Employer
84 639
-
53 500
-
total
-
-
-
-
Corporate
-
53 500
-
-
nationa
-
12 839
-
-
municipal
-
2 579
-
-
total
-
15 418
-
-
Dividends
-
38 082
-
-
withholding
-
9 902
-
-
total
-
9 902
-
-
Income
53 500
53 500
53 500
53 500
Total tax
44 626
25 320
27 471
24 504
After tax
8 874
28 180
26 029
28 996
Living cost
40 014
40 014
40 014
40 014
Free-cash
-31 140
-11 834
-13 985
-11 018

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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