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
₽ 54000
per

Your estimated
City
free-cash

Dresden , Germany
-₽3132
₽8035
₽9947
₽11062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
trade
-
-
-
1 115
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.

-
-
-
5 192
health

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

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

-
-
-
6 894
surtax

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

-
-
-
285
total
-
-
-
13 486
Employee

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

38 599
-
54 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
285
-
income

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

1 078
-
5 192
-
total
8 031
-
12 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 401
54 000
-
-
surtax

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

126
446
-
-
income
2 310
8 101
-
-
trade
2 426
8 505
-
-
chamber of commerce
176
232
-
-
total
5 038
17 284
-
-
Dividends
10 363
36 716
-
-
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.

121
485
-
-
withholding
2 208
8 796
-
-
total
2 329
9 281
-
-
Income
54 000
54 000
54 000
54 000
Total tax
15 398
26 565
12 371
13 486
After tax
38 602
27 435
41 629
40 514
Living cost
30 567
30 567
30 567
30 567
Free-cash
8 035
-3 132
11 062
9 947

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽17298
-₽32224
-₽16912
-₽16489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
5 043
pensions
-
-
-
6 480
national
-
-
-
7 815
social contributions
-
-
-
580
total
-
-
-
19 918
Employee
79 050
-
46 682
-
municipal
9 764
-
5 252
-
pensions
3 162
-
1 867
-
national
15 130
-
8 139
-
total
28 056
-
15 258
-
Employer
79 050
-
46 682
-
social contributions
850
-
502
-
pensions
6 324
-
3 735
-
total
7 174
-
4 237
-
Corporate
-
54 000
-
-
income

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

-
10 800
-
-
total
-
10 800
-
-
Dividends
-
43 200
-
-
withholding
-
9 504
-
-
total
-
9 504
-
-
Income
54 000
54 000
54 000
54 000
Total tax
35 230
20 304
19 495
19 918
After tax
18 770
33 696
34 505
34 082
Living cost
50 994
50 994
50 994
50 994
Free-cash
-32 224
-17 298
-16 489
-16 912

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽22206
₽13927
₽21727
₽9976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
microenterprise
-
-
-
8 101
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
11 278
Employee
29 488
-
43 517
-
social contributions

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

3 244
-
4 788
-
surtax
-
-
-
-
income
5 249
-
7 758
-
total
8 493
-
12 546
-
Employer
29 488
-
43 517
-
social contributions

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

7 103
-
10 483
-
surtax
-
-
-
-
total
7 103
-
10 483
-
Corporate
17 409
54 000
-
-
income

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

3 482
10 799
-
-
total
3 482
10 799
-
-
Dividends

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

13 927
43 201
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 078
10 799
23 029
11 278
After tax
34 922
43 201
30 971
42 722
Living cost
20 995
20 995
20 995
20 995
Free-cash
13 927
22 206
9 976
21 727

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽40546
-₽46212
-₽11358
-₽46212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
5 076
pensions
-
-
-
9 719
health
-
-
-
8 288
total
-
-
-
23 083
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
57 936
52 271
57 936
23 083
After tax
-3 936
1 729
-3 936
30 917
Living cost
42 276
42 276
42 276
42 276
Free-cash
-46 212
-40 546
-46 212
-11 358

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽9506
-₽19014
-₽12072
-₽10154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
11 438
accident
-
-
-
108
pensions
-
-
-
5 837
other
-
-
-
6 275
unemployment
-
-
-
54
health
-
-
-
3 370
national
-
-
-
-
total
-
-
-
27 082
Employee
55 558
-
41 090
-
municipal
16 567
-
12 253
-
national
-
-
-
-
total
16 567
-
12 253
-
Employer
55 558
-
41 090
-
accident
111
-
82
-
other
6 456
-
4 775
-
unemployment
1 467
-
1 085
-
pensions
6 006
-
4 442
-
health
3 417
-
2 527
-
total
17 457
-
12 911
-
Corporate
-
54 000
-
-
income
-
11 880
-
-
total
-
11 880
-
-
Dividends
-
42 120
-
-
withholding
-
12 636
-
-
total
-
12 636
-
-
Income
54 000
54 000
54 000
54 000
Total tax
34 024
24 516
25 164
27 082
After tax
19 976
29 484
28 836
26 918
Living cost
38 990
38 990
38 990
38 990
Free-cash
-19 014
-9 506
-10 154
-12 072

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽12484
₽1698
₽821
₽1985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
trade
-
-
-
1 164
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.

-
-
-
5 192
health

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

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

-
-
-
6 894
surtax

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

-
-
-
285
total
-
-
-
13 535
Employee

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

51 177
-
54 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
285
-
income

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

4 397
-
5 192
-
total
11 532
-
12 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 823
54 000
-
-
surtax

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

23
446
-
-
income
423
8 101
-
-
trade
463
8 882
-
-
chamber of commerce
157
230
-
-
total
1 066
17 659
-
-
Dividends
1 756
36 341
-
-
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.

4
479
-
-
withholding
56
8 702
-
-
total
60
9 181
-
-
Income
54 000
54 000
54 000
54 000
Total tax
12 658
26 840
12 371
13 535
After tax
41 342
27 160
41 629
40 465
Living cost
39 644
39 644
39 644
39 644
Free-cash
1 698
-12 484
1 985
821

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
-₽1550
₽2878
₽10096
₽3347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
1 371
health
-
-
-
1 377
social contributions
-
-
-
8 424
total
-
-
-
11 172
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 070
-
health
772
1 319
833
-
income
8 149
7 183
8 040
-
total
12 692
14 942
12 943
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 070
-
health
841
1 436
908
-
total
4 612
7 876
4 978
-
Corporate
3 965
-
-
-
income
496
-
-
-
total
496
-
-
-
Dividends
3 469
-
-
-
withholding
590
-
-
-
total
590
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
18 390
22 818
17 921
11 172
After tax
35 610
31 182
36 079
42 828
Living cost
32 732
32 732
32 732
32 732
Free-cash
2 878
-1 550
3 347
10 096

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽12258
₽12638
₽19071
₽12967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
6 602
pensions
-
-
-
5 400
unemployment
-
-
-
810
health
-
-
-
3 780
total
-
-
-
16 592
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
45 188
-
health
1 853
737
3 163
-
income
3 236
1 288
5 524
-
pensions
2 647
1 053
4 519
-
unemployment
397
158
678
-
total
8 133
3 236
13 884
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
45 188
-
pensions
5 162
2 054
8 812
-
total
5 162
2 054
8 812
-
Corporate
22 369
41 411
-
-
income
2 013
3 727
-
-
total
2 013
3 727
-
-
Dividends
20 356
37 684
-
-
social contributions
3 849
7 228
-
-
withholding
3 868
7 160
-
-
total
7 717
14 388
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 025
23 405
22 696
16 592
After tax
30 975
30 595
31 304
37 408
Living cost
18 337
18 337
18 337
18 337
Free-cash
12 638
12 258
12 967
19 071

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽18826
₽12555
₽5910
₽7790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
5 893
pensions
-
-
-
10 801
health
-
-
-
7 021
total
-
-
-
23 715
Employee
28 629
-
40 357
-
income
3 223
-
6 741
-
pensions
573
-
806
-
unemployment
458
-
645
-
total
4 254
-
8 192
-
Employer
28 629
-
40 357
-
unemployment
230
-
324
-
pensions
5 726
-
8 072
-
health
3 721
-
5 247
-
total
9 677
-
13 643
-
Corporate
15 695
54 000
-
-
income
3 139
10 799
-
-
total
3 139
10 799
-
-
Dividends
12 556
43 201
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
17 070
10 799
21 835
23 715
After tax
36 930
43 201
32 165
30 285
Living cost
24 375
24 375
24 375
24 375
Free-cash
12 555
18 826
7 790
5 910

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽17695
₽988
₽15287
₽6448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
253
income
-
-
-
9 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
16 644
Employee
34 715
-
44 858
-
health
3 975
-
5 136
-
income
4 763
-
6 154
-
pensions
3 909
-
5 051
-
total
12 647
-
16 341
-
Employer
34 715
-
44 858
-
accident
580
-
749
-
unemployment
850
-
1 099
-
pensions
5 645
-
7 294
-
total
7 075
-
9 142
-
Corporate
12 210
54 000
-
-
income

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

10 989
48 600
-
-
total
10 989
48 600
-
-
Dividends
1 221
5 400
-
-
withholding
232
1 026
-
-
total
232
1 026
-
-
Income
54 000
54 000
54 000
54 000
Total tax
30 943
49 626
25 483
16 644
After tax
23 057
4 374
28 517
37 356
Living cost
22 069
22 069
22 069
22 069
Free-cash
988
-17 695
6 448
15 287

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽42221
₽40519
₽44381
₽34121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
54 000
microenterprise

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

-
-
-
540
total
-
-
-
540
Employee
11 349
-
54 000
-
income
2 269
-
10 800
-
total
2 269
-
10 800
-
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%.

42 651
54 000
-
-
total
-
-
-
-
Dividends
42 651
54 000
-
-
withholding
2 133
2 700
-
-
total
2 133
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
4 402
2 700
10 800
540
After tax
49 598
51 300
43 200
53 460
Living cost
9 079
9 079
9 079
9 079
Free-cash
40 519
42 221
34 121
44 381

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽12785
₽5968
₽2350
₽4763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
6 860
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.

-
-
-
12 959
other
-
-
-
2 564
health
-
-
-
2 377
total
-
-
-
24 760
Employee
36 642
-
43 132
-
health
513
-
603
-
income
6 308
-
7 425
-
pensions

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

2 564
-
3 020
-
unemployment
366
-
431
-
total
9 751
-
11 479
-
Employer
36 642
-
43 132
-
accident
293
-
345
-
other
1 833
-
2 156
-
unemployment
366
-
431
-
pensions

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

6 230
-
7 333
-
health
513
-
603
-
total
9 235
-
10 868
-
Corporate
8 124
54 000
-
-
income
1 706
11 339
-
-
total
1 706
11 339
-
-
Dividends
6 417
42 661
-
-
withholding
450
2 986
-
-
total
450
2 986
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 142
14 325
22 347
24 760
After tax
32 858
39 675
31 653
29 240
Living cost
26 890
26 890
26 890
26 890
Free-cash
5 968
12 785
4 763
2 350

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽27267
-₽54957
-₽27061
-₽32387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
10 165
pensions
-
-
-
3 169
total
-
-
-
13 334
Employee
95 823
-
48 322
-
health
1 579
-
604
-
income
17 273
-
8 834
-
pensions
9 244
-
3 544
-
total
28 096
-
12 982
-
Employer
95 823
-
48 322
-
pensions
11 314
-
4 759
-
health
1 820
-
919
-
total
13 134
-
5 678
-
Corporate
-
54 000
-
-
income

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

-
10 259
-
-
total
-
10 259
-
-
Dividends
-
43 741
-
-
withholding
-
3 281
-
-
total
-
3 281
-
-
Income
54 000
54 000
54 000
54 000
Total tax
41 230
13 540
18 660
13 334
After tax
12 770
40 460
35 340
40 666
Living cost
67 727
67 727
67 727
67 727
Free-cash
-54 957
-27 267
-32 387
-27 061

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽32931
₽28241
₽23244
₽24025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
8 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
17 517
Employee
17 531
-
47 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
4 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
9 815
-
Employer
17 531
-
47 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
33 029
54 000
-
-
income
3 303
5 400
-
-
total
3 303
5 400
-
-
Dividends
29 726
48 600
-
-
withholding
1 486
2 430
-
-
total
1 486
2 430
-
-
Income
54 000
54 000
54 000
54 000
Total tax
12 520
7 830
16 736
17 517
After tax
41 480
46 170
37 264
36 483
Living cost
13 239
13 239
13 239
13 239
Free-cash
28 241
32 931
24 025
23 244

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽54231
-₽55944
-₽25043
-₽59896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
5 076
pensions
-
-
-
9 719
health
-
-
-
8 288
total
-
-
-
23 083
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
53 984
52 271
57 936
23 083
After tax
16
1 729
-3 936
30 917
Living cost
55 960
55 960
55 960
55 960
Free-cash
-55 944
-54 231
-59 896
-25 043

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽13009
₽4387
₽2131
₽3233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
4 641
health
-
-
-
7 290
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 768
total
-
-
-
27 699
Employee
35 544
-
40 298
-
social contributions
2 310
-
2 619
-
health
4 798
-
5 440
-
solidarity contribution
-
-
-
-
income
4 265
-
4 836
-
total
11 373
-
12 895
-
Employer
35 544
-
40 298
-
social contributions
8 886
-
10 075
-
health
3 199
-
3 627
-
total
12 085
-
13 702
-
Corporate
6 371
54 000
-
-
income
1 211
10 260
-
-
total
1 211
10 260
-
-
Dividends
5 161
43 740
-
-
withholding
774
6 561
-
-
total
774
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
25 443
16 821
26 597
27 699
After tax
28 557
37 179
27 403
26 301
Living cost
24 170
24 170
24 170
24 170
Free-cash
4 387
13 009
3 233
2 131

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
-₽13772
-₽35688
-₽13007
-₽16057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
322
regional
-
-
-
533
national
-
-
-
9 681
social contributions
-
-
-
13 888
total
-
-
-
24 424
Employee
89 689
-
54 000
-
social contributions
30 243
-
18 209
-
regional
846
-
464
-
municipal
475
-
287
-
national
15 541
-
8 514
-
total
47 105
-
27 474
-
Employer
89 689
-
54 000
-
total
-
-
-
-
Corporate
-
54 000
-
-
nationa
-
12 959
-
-
municipal
-
2 107
-
-
total
-
15 066
-
-
Dividends
-
38 934
-
-
withholding
-
10 123
-
-
total
-
10 123
-
-
Income
54 000
54 000
54 000
54 000
Total tax
47 105
25 189
27 474
24 424
After tax
6 895
28 811
26 526
29 576
Living cost
42 583
42 583
42 583
42 583
Free-cash
-35 688
-13 772
-16 057
-13 007

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽11697
₽8557
₽8587
₽7328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
7 902
pensions
-
-
-
10 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 834
surtax
-
-
-
379
total
-
-
-
23 144
Employee
33 373
-
44 610
-
other
-
-
-
-
health
852
-
1 138
-
surtax
109
-
318
-
income
5 594
-
7 478
-
pensions
2 225
-
2 976
-
unemployment
2 323
-
3 104
-
total
11 103
-
15 014
-
Employer
33 373
-
44 610
-
other
-
-
-
-
unemployment
1 057
-
1 413
-
pensions
4 449
-
5 946
-
health
1 519
-
2 030
-
total
7 025
-
9 389
-
Corporate
13 603
54 000
-
-
income
3 537
14 040
-
-
total
3 537
14 040
-
-
Dividends
10 066
39 960
-
-
withholding
1 509
5 994
-
-
total
1 509
5 994
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 174
20 034
24 403
23 144
After tax
30 826
33 966
29 597
30 856
Living cost
22 269
22 269
22 269
22 269
Free-cash
8 557
11 697
7 328
8 587

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
-₽5809
-₽18390
-₽5603
-₽10929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
10 165
pensions
-
-
-
3 169
total
-
-
-
13 334
Employee
64 218
-
48 322
-
health
932
-
604
-
income
11 566
-
8 834
-
pensions
5 451
-
3 544
-
total
17 949
-
12 982
-
Employer
64 218
-
48 322
-
pensions
6 952
-
4 759
-
health
1 220
-
919
-
total
8 172
-
5 678
-
Corporate
-
54 000
-
-
income

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

-
10 259
-
-
total
-
10 259
-
-
Dividends
-
43 741
-
-
withholding
-
3 281
-
-
total
-
3 281
-
-
Income
54 000
54 000
54 000
54 000
Total tax
26 121
13 540
18 660
13 334
After tax
27 879
40 460
35 340
40 666
Living cost
46 269
46 269
46 269
46 269
Free-cash
-18 390
-5 809
-10 929
-5 603

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽51579
-₽43763
-₽30407
-₽33162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
city
-
-
-
568
pensions
-
-
-
4 968
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.

-
-
-
1 079
regional
-
-
-
1 121
health
-
-
-
249
national
-
-
-
149
total
-
-
-
8 134
Employee
89 259
-
48 333
-
city
958
-
519
-
regional
2 923
-
944
-
health
202
-
110
-
pensions
7 499
-
4 061
-
unemployment
-
-
-
-
national
422
-
118
-
total
12 004
-
5 752
-
Employer
89 259
-
48 333
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 785
-
966
-
unemployment
-
-
-
-
pensions
7 499
-
4 061
-
health
202
-
110
-
total
9 486
-
5 137
-
Corporate
-
54 000
-
-
regional
-
11 421
-
-
national
-
4 590
-
-
total
-
16 011
-
-
Dividends
-
37 989
-
-
withholding
-
13 295
-
-
total
-
13 295
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 490
29 306
10 889
8 134
After tax
32 510
24 694
43 111
45 866
Living cost
76 273
76 273
76 273
76 273
Free-cash
-43 763
-51 579
-33 162
-30 407

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
-₽19348
-₽6649
-₽5815
-₽4602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
trade
-
-
-
1 214
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.

-
-
-
5 192
health

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

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

-
-
-
6 894
surtax

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

-
-
-
285
total
-
-
-
13 585
Employee

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

60 649
-
54 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
285
-
income

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

7 132
-
5 192
-
total
14 419
-
12 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
54 000
-
-
surtax

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

-
446
-
-
income
-
8 101
-
-
trade
-
9 261
-
-
chamber of commerce
-
230
-
-
total
-
18 038
-
-
Dividends
-
35 962
-
-
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.

-
473
-
-
withholding
-
8 606
-
-
total
-
9 079
-
-
Income
54 000
54 000
54 000
54 000
Total tax
14 419
27 117
12 371
13 585
After tax
39 581
26 883
41 629
40 415
Living cost
46 230
46 230
46 230
46 230
Free-cash
-6 649
-19 348
-4 602
-5 815

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
-₽7313
-₽2677
-₽2082
-₽1507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
2 220
pensions
-
-
-
15 652
other
-
-
-
1 674
health
-
-
-
469
surtax
-
-
-
-
social contributions
-
-
-
1 540
total
-
-
-
21 555
Employee
43 191
-
41 152
-
social contributions
1 231
-
1 174
-
surtax
-
-
-
-
income
2 549
-
2 302
-
pensions
4 883
-
4 656
-
total
8 663
-
8 132
-
Employer
43 191
-
41 152
-
other
1 490
-
1 419
-
social contributions
130
-
123
-
unemployment
1 748
-
1 666
-
pensions
7 095
-
6 760
-
health
3 024
-
2 880
-
total
13 487
-
12 848
-
Corporate
-
54 000
-
-
surtax
-
-
-
-
income
-
15 120
-
-
total
-
15 120
-
-
Dividends
-
38 880
-
-
surtax
-
-
-
-
social contributions
-
6 689
-
-
withholding
-
4 977
-
-
total
-
11 666
-
-
Income
54 000
54 000
54 000
54 000
Total tax
22 150
26 786
20 980
21 555
After tax
31 850
27 214
33 020
32 445
Living cost
34 527
34 527
34 527
34 527
Free-cash
-2 677
-7 313
-1 507
-2 082

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
-₽3892
₽1717
₽1339
₽1914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
2 220
pensions
-
-
-
15 652
other
-
-
-
1 674
health
-
-
-
469
surtax
-
-
-
-
social contributions
-
-
-
1 540
total
-
-
-
21 555
Employee
38 554
-
41 152
-
social contributions
1 099
-
1 174
-
surtax
-
-
-
-
income
1 988
-
2 302
-
pensions
4 361
-
4 656
-
total
7 448
-
8 132
-
Employer
38 554
-
41 152
-
other
1 331
-
1 419
-
social contributions
115
-
123
-
unemployment
1 561
-
1 666
-
pensions
6 335
-
6 760
-
health
2 698
-
2 880
-
total
12 040
-
12 848
-
Corporate
3 406
54 000
-
-
surtax
-
-
-
-
income
954
15 120
-
-
total
954
15 120
-
-
Dividends
2 452
38 880
-
-
surtax
-
-
-
-
social contributions
421
6 689
-
-
withholding
314
4 977
-
-
total
735
11 666
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 177
26 786
20 980
21 555
After tax
32 823
27 214
33 020
32 445
Living cost
31 106
31 106
31 106
31 106
Free-cash
1 717
-3 892
1 914
1 339

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽11545
₽12069
₽13279
₽11123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
8 101
health
-
-
-
3 769
social contributions
-
-
-
7 452
total
-
-
-
19 322
Employee
34 217
-
54 000
-
social contributions
4 723
-
7 452
-
health
2 388
-
3 769
-
income
5 707
-
10 257
-
total
12 818
-
21 478
-
Employer
34 217
-
54 000
-
total
-
-
-
-
Corporate
19 783
54 000
-
-
income

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

990
2 700
-
-
total
990
2 700
-
-
Dividends
18 793
51 300
-
-
health
1 312
3 581
-
-
social contributions
2 593
7 080
-
-
withholding
2 819
7 695
-
-
total
6 724
18 356
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 532
21 056
21 478
19 322
After tax
33 468
32 944
32 522
34 678
Living cost
21 399
21 399
21 399
21 399
Free-cash
12 069
11 545
11 123
13 279

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽4830
-₽12103
-₽5440
-₽14117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
chamber of commerce
-
-
-
216
income
-
-
-
3 156
pensions
-
-
-
9 989
unemployment
-
-
-
6 190
health
-
-
-
4 131
surtax
-
-
-
199
total
-
-
-
23 881
Employee
50 434
40 217
41 778
-
other
504
402
417
-
health
1 951
1 557
1 616
-
income
5 741
2 966
3 286
-
pensions
5 165
4 117
4 278
-
unemployment
1 513
1 207
1 252
-
total
14 874
10 249
10 849
-
Employer
50 434
40 217
41 778
-
accident
655
523
544
-
other
2 396
1 909
1 984
-
chamber of commerce
201
161
167
-
unemployment
1 513
1 207
1 252
-
surtax
199
199
199
-
pensions
6 329
5 048
5 244
-
payroll
1 513
1 207
1 252
-
health
1 906
1 521
1 580
-
total
14 712
11 775
12 222
-
Corporate
3 830
3 830
37 948
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

958
958
9 487
-
total
958
958
9 487
-
Dividends
-
1 052
-
-
withholding
-
289
-
-
total
-
289
-
-
Income
54 000
54 000
54 000
54 000
Total tax
30 544
23 271
32 558
23 881
After tax
23 456
30 729
21 442
30 119
Living cost
35 559
35 559
35 559
35 559
Free-cash
-12 103
-4 830
-14 117
-5 440

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₽6339
-₽39199
-₽7176
-₽13355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
national
-
-
-
15 603
communal

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

-
-
-
2 886
social contributions
-
-
-
5 891
total
-
-
-
24 380
Employee

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

72 186
-
41 826
-
communal

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

3 765
-
2 181
-
health

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

3 392
-
1 965
-
pensions

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

5 414
-
3 137
-
unemployment

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

628
-
364
-
national
22 193
-
10 737
-
total
35 392
-
18 384
-
Employer

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

72 186
-
41 826
-
accident

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

938
-
544
-
unemployment

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

1 053
-
611
-
surtax
8 185
-
4 742
-
pensions

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

6 396
-
3 706
-
health

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

4 439
-
2 572
-
total
21 011
-
12 175
-
Corporate
-
54 000
-
-
surtax
-
216
-
-
income
-
10 799
-
-
total
-
11 015
-
-
Dividends
-
42 984
-
-
withholding

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

-
12 528
-
-
total
-
12 528
-
-
Income
54 000
54 000
54 000
54 000
Total tax
56 403
23 543
30 559
24 380
After tax
-2 403
30 457
23 441
29 620
Living cost
36 796
36 796
36 796
36 796
Free-cash
-39 199
-6 339
-13 355
-7 176

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽45
-₽12245
-₽6524
-₽6109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
486
income
-
-
-
7 880
pensions
-
-
-
15 282
other
-
-
-
54
unemployment
-
-
-
377
total
-
-
-
24 079
Employee
50 234
-
40 947
-
other
50
-
40
-
income
10 599
-
8 012
-
pensions
2 361
-
1 925
-
unemployment
779
-
634
-
total
13 789
-
10 611
-
Employer
50 234
-
40 947
-
accident
994
-
810
-
other
400
-
327
-
unemployment
2 763
-
2 252
-
pensions
11 854
-
9 664
-
total
16 011
-
13 053
-
Corporate
-
54 000
-
-
income

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

-
8 101
-
-
total
-
8 101
-
-
Dividends
-
45 899
-
-
withholding
-
9 409
-
-
total
-
9 409
-
-
Income
54 000
54 000
54 000
54 000
Total tax
29 800
17 510
23 664
24 079
After tax
24 200
36 490
30 336
29 921
Living cost
36 445
36 445
36 445
36 445
Free-cash
-12 245
45
-6 109
-6 524

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽20866
-₽31554
-₽18854
-₽17745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
486
income
-
-
-
1 978
pensions
-
-
-
8 641
health
-
-
-
4 050
surtax
-
-
-
2 857
communal
-
-
-
-
total
-
-
-
18 012
Employee
76 423
-
48 236
-
health
3 401
-
2 147
-
surtax
4 684
-
2 957
-
income
7 382
-
2 175
-
pensions
6 113
-
3 859
-
total
21 580
-
11 138
-
Employer
76 423
-
48 236
-
accident
688
-
435
-
pensions
6 113
-
3 859
-
health
2 331
-
1 471
-
total
9 132
-
5 765
-
Corporate
-
54 000
-
-
surtax
-
567
-
-
communal
-
3 644
-
-
income
-
8 101
-
-
total
-
12 312
-
-
Dividends
-
41 688
-
-
income
-
1 459
-
-
withholding
-
6 253
-
-
total
-
7 712
-
-
Income
54 000
54 000
54 000
54 000
Total tax
30 712
20 024
16 903
18 012
After tax
23 288
33 976
37 097
35 988
Living cost
54 842
54 842
54 842
54 842
Free-cash
-31 554
-20 866
-17 745
-18 854

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽11299
₽8090
₽8189
₽6930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
7 902
pensions
-
-
-
10 799
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 834
surtax
-
-
-
379
total
-
-
-
23 144
Employee
33 985
-
44 610
-
other
-
-
-
-
health
868
-
1 138
-
surtax
121
-
318
-
income
5 697
-
7 478
-
pensions
2 267
-
2 976
-
unemployment
2 365
-
3 104
-
total
11 318
-
15 014
-
Employer
33 985
-
44 610
-
other
-
-
-
-
unemployment
1 078
-
1 413
-
pensions
4 531
-
5 946
-
health
1 545
-
2 030
-
total
7 154
-
9 389
-
Corporate
12 860
54 000
-
-
income
3 344
14 040
-
-
total
3 344
14 040
-
-
Dividends
9 516
39 960
-
-
withholding
1 427
5 994
-
-
total
1 427
5 994
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 243
20 034
24 403
23 144
After tax
30 757
33 966
29 597
30 856
Living cost
22 667
22 667
22 667
22 667
Free-cash
8 090
11 299
6 930
8 189

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽1199
-₽1982
₽2109
-₽922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
322
regional
-
-
-
815
national
-
-
-
9 681
social contributions
-
-
-
13 888
total
-
-
-
24 706
Employee
55 980
-
54 000
-
social contributions
18 877
-
18 209
-
regional
754
-
727
-
municipal
297
-
287
-
national
8 869
-
8 514
-
total
28 797
-
27 737
-
Employer
55 980
-
54 000
-
total
-
-
-
-
Corporate
-
54 000
-
-
nationa
-
12 959
-
-
municipal
-
2 683
-
-
total
-
15 642
-
-
Dividends
-
38 358
-
-
withholding
-
9 974
-
-
total
-
9 974
-
-
Income
54 000
54 000
54 000
54 000
Total tax
28 797
25 616
27 737
24 706
After tax
25 203
28 384
26 263
29 294
Living cost
27 185
27 185
27 185
27 185
Free-cash
-1 982
1 199
-922
2 109

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽7396
-₽4691
-₽3482
-₽2380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
4 641
health
-
-
-
7 290
solidarity contribution
-
-
-
-
social contributions
-
-
-
15 768
total
-
-
-
27 699
Employee
43 799
-
40 298
-
social contributions
2 847
-
2 619
-
health
5 913
-
5 440
-
solidarity contribution
-
-
-
-
income
5 256
-
4 836
-
total
14 016
-
12 895
-
Employer
43 799
-
40 298
-
social contributions
10 950
-
10 075
-
health
3 942
-
3 627
-
total
14 892
-
13 702
-
Corporate
-
54 000
-
-
income
-
10 260
-
-
total
-
10 260
-
-
Dividends
-
43 740
-
-
withholding
-
6 561
-
-
total
-
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
28 908
16 821
26 597
27 699
After tax
25 092
37 179
27 403
26 301
Living cost
29 783
29 783
29 783
29 783
Free-cash
-4 691
7 396
-2 380
-3 482

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
-₽1324
-₽3766
-₽1878
-₽10704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
chamber of commerce
-
-
-
216
income
-
-
-
3 156
pensions
-
-
-
9 989
unemployment
-
-
-
6 190
health
-
-
-
4 131
surtax
-
-
-
-
total
-
-
-
23 682
Employee
44 114
40 217
41 929
-
other
440
402
419
-
health
1 706
1 557
1 622
-
income
3 930
2 966
3 317
-
pensions
4 518
4 117
4 294
-
unemployment
1 323
1 207
1 258
-
total
11 917
10 249
10 910
-
Employer
44 114
40 217
41 929
-
accident
573
523
546
-
other
2 095
1 909
1 992
-
chamber of commerce
176
161
169
-
unemployment
1 323
1 207
1 258
-
surtax
-
-
-
-
pensions
5 537
5 048
5 263
-
payroll
1 323
1 207
1 258
-
health
1 668
1 521
1 586
-
total
12 695
11 576
12 072
-
Corporate
3 830
3 830
38 099
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

958
958
9 526
-
total
958
958
9 526
-
Dividends
-
1 251
-
-
withholding
-
345
-
-
total
-
345
-
-
Income
54 000
54 000
54 000
54 000
Total tax
25 570
23 128
32 508
23 682
After tax
28 430
30 872
21 492
30 318
Living cost
32 196
32 196
32 196
32 196
Free-cash
-3 766
-1 324
-10 704
-1 878

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽37151
₽34498
₽39311
₽29051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
54 000
microenterprise

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

-
-
-
540
total
-
-
-
540
Employee
17 686
-
54 000
-
income
3 537
-
10 800
-
total
3 537
-
10 800
-
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%.

36 314
54 000
-
-
total
-
-
-
-
Dividends
36 314
54 000
-
-
withholding
1 816
2 700
-
-
total
1 816
2 700
-
-
Income
54 000
54 000
54 000
54 000
Total tax
5 353
2 700
10 800
540
After tax
48 647
51 300
43 200
53 460
Living cost
14 149
14 149
14 149
14 149
Free-cash
34 498
37 151
29 051
39 311

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽10112
₽1669
₽2905
₽1192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
income
-
-
-
8 772
pensions
-
-
-
9 863
unemployment
-
-
-
80
health
-
-
-
5 312
total
-
-
-
24 027
Employee

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

44 626
-
46 725
-
health
2 882
-
3 018
-
income
7 696
-
8 138
-
pensions
6 917
-
7 243
-
unemployment
63
-
65
-
total
17 558
-
18 464
-
Employer

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

44 626
-
46 725
-
unemployment
27
-
29
-
pensions
3 949
-
4 135
-
health
2 972
-
3 112
-
total
6 948
-
7 276
-
Corporate
2 426
54 000
-
-
income
462
10 259
-
-
total
462
10 259
-
-
Dividends
1 965
43 741
-
-
withholding
295
6 561
-
-
total
295
6 561
-
-
Income
54 000
54 000
54 000
54 000
Total tax
25 263
16 820
25 740
24 027
After tax
28 737
37 180
28 260
29 973
Living cost
27 068
27 068
27 068
27 068
Free-cash
1 669
10 112
1 192
2 905

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽10726
-₽96594
-₽6262
-₽2867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
10 526
social contributions
-
-
-
6 156
total
-
-
-
16 682
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
54 000
-
-
income
-
11 880
-
-
total
-
11 880
-
-
Dividends
-
42 120
-
-
income
-
9 266
-
-
total
-
9 266
-
-
Income
54 000
54 000
54 000
54 000
Total tax
107 014
21 146
13 287
16 682
After tax
-53 014
32 854
40 713
37 318
Living cost
43 580
43 580
43 580
43 580
Free-cash
-96 594
-10 726
-2 867
-6 262

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
-₽937
-₽3437
-₽333
-₽1605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
income
-
-
-
3 913
surtax
-
-
-
-
social contributions

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

-
-
-
18 766
total
-
-
-
22 679
Employee
46 414
-
43 636
-
social contributions
5 106
-
4 799
-
surtax
-
-
-
-
income
9 654
-
8 789
-
total
14 760
-
13 588
-
Employer
46 414
-
43 636
-
social contributions
11 023
-
10 363
-
total
11 023
-
10 363
-
Corporate
-
54 000
-
-
surtax
-
-
-
-
income
-
11 339
-
-
total
-
11 339
-
-
Dividends
-
42 661
-
-
withholding
-
11 944
-
-
total
-
11 944
-
-
Income
54 000
54 000
54 000
54 000
Total tax
25 783
23 283
23 951
22 679
After tax
28 217
30 717
30 049
31 321
Living cost
31 654
31 654
31 654
31 654
Free-cash
-3 437
-937
-1 605
-333

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽21528
-₽28946
-₽16296
-₽15722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
2 220
pensions
-
-
-
15 652
other
-
-
-
1 674
health
-
-
-
469
surtax
-
-
-
-
social contributions
-
-
-
1 540
total
-
-
-
21 555
Employee
63 206
-
41 152
-
social contributions
1 800
-
1 174
-
surtax
-
-
-
-
income
5 515
-
2 302
-
pensions
7 149
-
4 656
-
total
14 464
-
8 132
-
Employer
63 206
-
41 152
-
other
2 181
-
1 419
-
social contributions
190
-
123
-
unemployment
2 560
-
1 666
-
pensions
10 386
-
6 760
-
health
4 424
-
2 880
-
total
19 741
-
12 848
-
Corporate
-
54 000
-
-
surtax
-
-
-
-
income
-
15 120
-
-
total
-
15 120
-
-
Dividends
-
38 880
-
-
surtax
-
-
-
-
social contributions
-
6 689
-
-
withholding
-
4 977
-
-
total
-
11 666
-
-
Income
54 000
54 000
54 000
54 000
Total tax
34 205
26 786
20 980
21 555
After tax
19 795
27 214
33 020
32 445
Living cost
48 742
48 742
48 742
48 742
Free-cash
-28 946
-21 528
-15 722
-16 296

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽18264
₽14874
₽11784
₽13381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
-
social contributions
-
-
-
11 881
total
-
-
-
11 881
Employee
32 444
-
46 753
-
income
-
-
-
-
social contributions
2 109
-
3 037
-
total
2 109
-
3 037
-
Employer
32 444
-
46 753
-
social contributions
5 029
-
7 247
-
total
5 029
-
7 247
-
Corporate
16 527
54 000
-
-
income
1 653
5 401
-
-
total
1 653
5 401
-
-
Dividends
14 875
48 599
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
8 791
5 401
10 284
11 881
After tax
45 209
48 599
43 716
42 119
Living cost
30 335
30 335
30 335
30 335
Free-cash
14 874
18 264
13 381
11 784

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽165971
-₽165971
-₽13314
-₽165971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
8 555
pensions
-
-
-
875
national
-
-
-
5 011
labour market
-
-
-
4 250
total
-
-
-
18 691
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
171 348
171 348
171 348
18 691
After tax
-117 348
-117 348
-117 348
35 309
Living cost
48 623
48 623
48 623
48 623
Free-cash
-165 971
-165 971
-165 971
-13 314

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽17369
₽1038
₽15613
₽6774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
253
income
-
-
-
9 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
16 644
Employee
34 203
-
44 858
-
health
3 917
-
5 136
-
income
4 692
-
6 154
-
pensions
3 852
-
5 051
-
total
12 461
-
16 341
-
Employer
34 203
-
44 858
-
accident
571
-
749
-
unemployment
838
-
1 099
-
pensions
5 561
-
7 294
-
total
6 970
-
9 142
-
Corporate
12 826
54 000
-
-
income

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

11 544
48 600
-
-
total
11 544
48 600
-
-
Dividends
1 282
5 400
-
-
withholding
244
1 026
-
-
total
244
1 026
-
-
Income
54 000
54 000
54 000
54 000
Total tax
31 219
49 626
25 483
16 644
After tax
22 781
4 374
28 517
37 356
Living cost
21 743
21 743
21 743
21 743
Free-cash
1 038
-17 369
6 774
15 613

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
-₽1375
-₽9113
₽3665
-₽5257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
54 000
municipal
-
-
-
9 646
health
-
-
-
410
national
-
-
-
1 534
total
-
-
-
11 590
Employee
53 094
-
45 426
-
health
396
-
278
-
municipal
8 696
-
7 452
-
pensions
3 583
-
3 066
-
unemployment
797
-
682
-
national
877
-
462
-
total
14 349
-
11 940
-
Employer
53 094
-
45 426
-
accident
54
-
46
-
unemployment
345
-
295
-
pensions
9 212
-
7 881
-
health
408
-
350
-
total
10 019
-
8 572
-
Corporate
-
54 000
-
-
income
-
10 799
-
-
total
-
10 799
-
-
Dividends

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

-
32 401
-
-
national
-
-
-
-
municipal
-
5 831
-
-
total
-
5 831
-
-
Income
54 000
54 000
54 000
54 000
Total tax
24 368
16 630
20 512
11 590
After tax
29 632
37 370
33 488
42 410
Living cost
38 745
38 745
38 745
38 745
Free-cash
-9 113
-1 375
-5 257
3 665

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽7817
₽10940
₽19463
₽12714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
1 371
health
-
-
-
1 377
social contributions
-
-
-
8 424
total
-
-
-
11 172
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 070
-
health
601
1 319
833
-
income
8 449
7 183
8 040
-
total
11 984
14 942
12 943
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 070
-
health
653
1 436
908
-
total
3 587
7 876
4 978
-
Corporate
15 063
-
-
-
income
1 883
-
-
-
total
1 883
-
-
-
Dividends
13 181
-
-
-
withholding
2 241
-
-
-
total
2 241
-
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 695
22 818
17 921
11 172
After tax
34 305
31 182
36 079
42 828
Living cost
23 365
23 365
23 365
23 365
Free-cash
10 940
7 817
12 714
19 463

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽28695
₽23559
₽23405
₽17448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 000
income
-
-
-
4 472
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
14 572
Employee

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

23 164
-
48 958
-
health
1 969
-
4 161
-
income
1 584
-
3 736
-
pensions
3 474
-
7 344
-
unemployment
115
-
245
-
total
7 142
-
15 486
-
Employer

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

23 164
-
48 958
-
unemployment
115
-
245
-
pensions
1 274
-
2 693
-
health
996
-
2 105
-
total
2 385
-
5 043
-
Corporate
28 452
54 000
-
-
income
2 560
4 860
-
-
total
2 560
4 860
-
-
Dividends
25 891
49 140
-
-
withholding
2 331
4 422
-
-
total
2 331
4 422
-
-
Income
54 000
54 000
54 000
54 000
Total tax
14 418
9 282
20 529
14 572
After tax
39 582
44 718
33 471
39 428
Living cost
16 023
16 023
16 023
16 023
Free-cash
23 559
28 695
17 448
23 405

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽8739
₽3298
₽2170
₽2585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
486
income
-
-
-
7 880
pensions
-
-
-
15 282
other
-
-
-
54
unemployment
-
-
-
377
total
-
-
-
24 079
Employee
37 315
-
40 947
-
other
36
-
40
-
income
7 194
-
8 012
-
pensions
1 754
-
1 925
-
unemployment
578
-
634
-
total
9 562
-
10 611
-
Employer
37 315
-
40 947
-
accident
739
-
810
-
other
299
-
327
-
unemployment
2 053
-
2 252
-
pensions
8 806
-
9 664
-
total
11 897
-
13 053
-
Corporate
4 789
54 000
-
-
income

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

718
8 101
-
-
total
718
8 101
-
-
Dividends
4 070
45 899
-
-
withholding
774
9 409
-
-
total
774
9 409
-
-
Income
54 000
54 000
54 000
54 000
Total tax
22 951
17 510
23 664
24 079
After tax
31 049
36 490
30 336
29 921
Living cost
27 751
27 751
27 751
27 751
Free-cash
3 298
8 739
2 585
2 170

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽30940
₽30486
₽30726
₽30528
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
17 051
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
20 518
Employee
4 198
-
51 738
-
health
210
-
503
-
income
812
-
16 945
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
18 454
-
Employer
4 198
-
51 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
48 858
54 000
-
-
income
10 749
11 880
-
-
total
10 749
11 880
-
-
Dividends
38 109
42 120
-
-
withholding
7 622
8 424
-
-
total
7 622
8 424
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 758
20 304
20 716
20 518
After tax
33 242
33 696
33 284
33 482
Living cost
2 756
2 756
2 756
2 756
Free-cash
30 486
30 940
30 528
30 726

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽21562
₽16597
₽9381
₽11704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
income
-
-
-
6 754
pensions
-
-
-
14 040
unemployment
-
-
-
810
health
-
-
-
5 562
total
-
-
-
27 166
Employee

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

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

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

26 319
-
45 802
-
health
1 355
-
2 359
-
income
3 628
-
7 529
-
pensions
3 685
-
6 412
-
unemployment
197
-
344
-
total
8 865
-
16 644
-
Employer

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

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

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

26 319
-
45 802
-
unemployment
197
-
344
-
pensions
3 158
-
5 496
-
health
1 355
-
2 359
-
total
4 710
-
8 199
-
Corporate
22 970
54 000
-
-
income
3 446
8 100
-
-
total
3 446
8 100
-
-
Dividends
19 525
45 900
-
-
withholding
2 929
6 885
-
-
total
2 929
6 885
-
-
Income
54 000
54 000
54 000
54 000
Total tax
19 950
14 985
24 843
27 166
After tax
34 050
39 015
29 157
26 834
Living cost
17 453
17 453
17 453
17 453
Free-cash
16 597
21 562
11 704
9 381

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽3511
₽3145
₽4115
₽2843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
income
-
-
-
3 913
surtax
-
-
-
-
social contributions

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

-
-
-
18 766
total
-
-
-
22 679
Employee
39 168
-
43 636
-
social contributions
4 309
-
4 799
-
surtax
-
-
-
-
income
7 653
-
8 789
-
total
11 962
-
13 588
-
Employer
39 168
-
43 636
-
social contributions
9 302
-
10 363
-
total
9 302
-
10 363
-
Corporate
5 530
54 000
-
-
surtax
-
-
-
-
income
1 161
11 339
-
-
total
1 161
11 339
-
-
Dividends
4 370
42 661
-
-
withholding
1 224
11 944
-
-
total
1 224
11 944
-
-
Income
54 000
54 000
54 000
54 000
Total tax
23 649
23 283
23 951
22 679
After tax
30 351
30 717
30 049
31 321
Living cost
27 206
27 206
27 206
27 206
Free-cash
3 145
3 511
2 843
4 115

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽1023
-₽10279
-₽5546
-₽5131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
486
income
-
-
-
7 880
pensions
-
-
-
15 282
other
-
-
-
54
unemployment
-
-
-
377
total
-
-
-
24 079
Employee
48 738
-
40 947
-
other
48
-
40
-
income
10 180
-
8 012
-
pensions
2 290
-
1 925
-
unemployment
755
-
634
-
total
13 273
-
10 611
-
Employer
48 738
-
40 947
-
accident
965
-
810
-
other
391
-
327
-
unemployment
2 681
-
2 252
-
pensions
11 502
-
9 664
-
total
15 539
-
13 053
-
Corporate
-
54 000
-
-
income

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

-
8 101
-
-
total
-
8 101
-
-
Dividends
-
45 899
-
-
withholding
-
9 409
-
-
total
-
9 409
-
-
Income
54 000
54 000
54 000
54 000
Total tax
28 812
17 510
23 664
24 079
After tax
25 188
36 490
30 336
29 921
Living cost
35 467
35 467
35 467
35 467
Free-cash
-10 279
1 023
-5 131
-5 546

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽28799
₽22648
₽19113
₽19894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
8 100
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
17 517
Employee
23 001
-
47 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
4 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
9 815
-
Employer
23 001
-
47 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
26 486
54 000
-
-
income
2 648
5 400
-
-
total
2 648
5 400
-
-
Dividends
23 838
48 600
-
-
withholding
1 191
2 430
-
-
total
1 191
2 430
-
-
Income
54 000
54 000
54 000
54 000
Total tax
13 982
7 830
16 736
17 517
After tax
40 018
46 170
37 264
36 483
Living cost
17 370
17 370
17 370
17 370
Free-cash
22 648
28 799
19 894
19 113

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽10968
₽2235
₽1651
₽2668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
trade
-
-
-
1 017
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.

-
-
-
5 192
health

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

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

-
-
-
6 894
surtax

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

-
-
-
285
total
-
-
-
13 388
Employee

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

50 212
-
54 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
285
-
income

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

4 129
-
5 192
-
total
11 251
-
12 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 788
54 000
-
-
surtax

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

31
446
-
-
income
569
8 101
-
-
trade
544
7 748
-
-
chamber of commerce
159
232
-
-
total
1 303
16 527
-
-
Dividends
2 485
37 473
-
-
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.

13
494
-
-
withholding
237
8 986
-
-
total
250
9 480
-
-
Income
54 000
54 000
54 000
54 000
Total tax
12 804
26 007
12 371
13 388
After tax
41 196
27 993
41 629
40 612
Living cost
38 961
38 961
38 961
38 961
Free-cash
2 235
-10 968
2 668
1 651

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽19687
-₽24941
-₽14941
-₽14941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
7 639
social contributions
-
-
-
3 815
total
-
-
-
11 454
Employee
78 939
-
54 000
-
income
14 896
-
7 639
-
social contributions
6 558
-
3 815
-
total
21 454
-
11 454
-
Employer
78 939
-
54 000
-
total
-
-
-
-
Corporate
-
54 000
-
-
income
-
6 751
-
-
total
-
6 751
-
-
Dividends
-
47 249
-
-
withholding
-
9 449
-
-
total
-
9 449
-
-
Income
54 000
54 000
54 000
54 000
Total tax
21 454
16 200
11 454
11 454
After tax
32 546
37 800
42 546
42 546
Living cost
57 487
57 487
57 487
57 487
Free-cash
-24 941
-19 687
-14 941
-14 941

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
-₽6798
-₽1018
-₽18100
₽2296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
49 358
-
income
5 023
-
5 787
-
social contributions
4 638
-
4 642
-
total
9 661
-
10 429
-
Employer
46 295
-
49 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
3 067
54 000
-
-
income
1 074
18 900
-
-
total
1 074
18 900
-
-
Dividends
1 993
35 100
-
-
social contributions
3 012
5 265
-
-
total
3 012
5 265
-
-
Income
54 000
54 000
54 000
54 000
Total tax
18 385
24 165
15 071
35 467
After tax
35 615
29 835
38 929
18 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
-1 018
-6 798
2 296
-18 100

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽2845
-₽3831
₽3051
-₽2275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
income
-
-
-
10 165
pensions
-
-
-
3 169
total
-
-
-
13 334
Employee
51 632
-
48 322
-
health
674
-
604
-
income
9 403
-
8 834
-
pensions
3 941
-
3 544
-
total
14 018
-
12 982
-
Employer
51 632
-
48 322
-
pensions
5 217
-
4 759
-
health
981
-
919
-
total
6 198
-
5 678
-
Corporate
-
54 000
-
-
income

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

-
10 259
-
-
total
-
10 259
-
-
Dividends
-
43 741
-
-
withholding
-
3 281
-
-
total
-
3 281
-
-
Income
54 000
54 000
54 000
54 000
Total tax
20 216
13 540
18 660
13 334
After tax
33 784
40 460
35 340
40 666
Living cost
37 615
37 615
37 615
37 615
Free-cash
-3 831
2 845
-2 275
3 051

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽19522
₽707
₽13460
₽4621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
accident
-
-
-
253
income
-
-
-
9 657
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
16 644
Employee
37 589
-
44 858
-
health
4 304
-
5 136
-
income
5 157
-
6 154
-
pensions
4 233
-
5 051
-
total
13 694
-
16 341
-
Employer
37 589
-
44 858
-
accident
628
-
749
-
unemployment
921
-
1 099
-
pensions
6 112
-
7 294
-
total
7 661
-
9 142
-
Corporate
8 751
54 000
-
-
income

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

7 876
48 600
-
-
total
7 876
48 600
-
-
Dividends
875
5 400
-
-
withholding
166
1 026
-
-
total
166
1 026
-
-
Income
54 000
54 000
54 000
54 000
Total tax
29 397
49 626
25 483
16 644
After tax
24 603
4 374
28 517
37 356
Living cost
23 896
23 896
23 896
23 896
Free-cash
707
-19 522
4 621
13 460

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽32269
₽27362
₽18488
₽18488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
54 000
work injury
-
-
-
270
health insurance
-
-
-
3 996
income
-
-
-
7 031
pensions
-
-
-
9 936
unemployment
-
-
-
648
total
-
-
-
21 881
Employee

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

21 810
-
54 000
-
work injury
109
-
270
-
income
2 181
-
7 031
-
pensions
4 013
-
9 936
-
health insurance
1 614
-
3 996
-
unemployment
262
-
648
-
total
8 179
-
21 881
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 190
54 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
32 190
54 000
-
-
withholding
4 828
8 100
-
-
total
4 828
8 100
-
-
Income
54 000
54 000
54 000
54 000
Total tax
13 007
8 100
21 881
21 881
After tax
40 993
45 900
32 119
32 119
Living cost
13 631
13 631
13 631
13 631
Free-cash
27 362
32 269
18 488
18 488

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽11758
-₽31040
-₽10941
-₽13938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
54 000
municipal
-
-
-
362
regional
-
-
-
807
national
-
-
-
9 681
social contributions
-
-
-
13 888
total
-
-
-
24 738
Employee
85 039
-
54 000
-
social contributions
28 675
-
18 209
-
regional
1 284
-
690
-
municipal
507
-
322
-
national
14 371
-
8 514
-
total
44 837
-
27 735
-
Employer
85 039
-
54 000
-
total
-
-
-
-
Corporate
-
54 000
-
-
nationa
-
12 959
-
-
municipal
-
2 603
-
-
total
-
15 562
-
-
Dividends
-
38 438
-
-
withholding
-
9 993
-
-
total
-
9 993
-
-
Income
54 000
54 000
54 000
54 000
Total tax
44 837
25 555
27 735
24 738
After tax
9 163
28 445
26 265
29 262
Living cost
40 203
40 203
40 203
40 203
Free-cash
-31 040
-11 758
-13 938
-10 941

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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