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
₽ 55000
per

Your estimated
City
free-cash

Dresden , Germany
₽12939
-₽1276
₽11338
₽9388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
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.

-
-
-
6 587
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.

-
-
-
5 941
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.

-
-
-
328
trade
-
-
-
1 601
total
-
-
-
14 457
Employee

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

36 879
-
55 000
-
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.

57
-
328
-
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.

1 030
-
5 941
-
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.

6 587
-
6 587
-
total
7 674
-
12 856
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 121
55 000
-
-
chamber of commerce
172
225
-
-
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.

150
454
-
-
trade
2 854
8 662
-
-
income
2 719
8 250
-
-
total
5 895
17 591
-
-
Dividends
12 226
37 409
-
-
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.

148
494
-
-
withholding
2 690
8 986
-
-
total
2 838
9 480
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 407
27 071
12 856
14 457
After tax
38 593
27 929
42 144
40 543
Living cost
29 205
29 205
29 205
29 205
Free-cash
9 388
-1 276
12 939
11 338

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15840
-₽16600
-₽16271
-₽31099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
591
pensions
-
-
-
6 600
national
-
-
-
7 998
municipal
-
-
-
5 162
total
-
-
-
20 351
Employee
78 935
-
47 547
-
municipal
9 750
-
5 375
-
national
15 108
-
8 328
-
pensions
3 157
-
1 902
-
total
28 015
-
15 605
-
Employer
78 935
-
47 547
-
pensions
6 315
-
3 804
-
social contributions
849
-
511
-
total
7 164
-
4 315
-
Corporate
-
55 000
-
-
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%.

-
11 000
-
-
total
-
11 000
-
-
Dividends
-
44 000
-
-
withholding
-
9 680
-
-
total
-
9 680
-
-
Income
55 000
55 000
55 000
55 000
Total tax
35 179
20 680
19 920
20 351
After tax
19 821
34 320
35 080
34 649
Living cost
50 920
50 920
50 920
50 920
Free-cash
-31 099
-16 600
-15 840
-16 271

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11412
₽23941
₽23655
₽16032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
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.

-
-
-
3 036
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
8 250
total
-
-
-
11 286
Employee
28 174
-
44 323
-
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.

3 100
-
4 876
-
income
5 015
-
7 976
-
total
8 115
-
12 852
-
Employer
28 174
-
44 323
-
surtax
-
-
-
-
social contributions

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

6 787
-
10 677
-
total
6 787
-
10 677
-
Corporate
20 039
55 000
-
-
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%.

4 007
11 000
-
-
total
4 007
11 000
-
-
Dividends

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

16 032
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 909
11 000
23 529
11 286
After tax
36 091
44 000
31 471
43 714
Living cost
20 059
20 059
20 059
20 059
Free-cash
16 032
23 941
11 412
23 655

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40747
-₽35335
-₽8942
-₽40747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
8 442
income
-
-
-
5 207
pensions
-
-
-
9 901
total
-
-
-
23 550
Employee
82 339
82 339
82 339
-
income

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

13 478
13 478
13 478
-
pensions
14 821
11 297
14 821
-
health
12 638
10 750
12 638
-
total
40 937
35 525
40 937
-
Employer
82 339
82 339
82 339
-
unemployment
2 964
2 964
2 964
-
health
5 723
5 723
5 723
-
pensions
5 731
5 731
5 731
-
total
14 418
14 418
14 418
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
55 355
49 943
55 355
23 550
After tax
-355
5 057
-355
31 450
Living cost
40 392
40 392
40 392
40 392
Free-cash
-40 747
-35 335
-40 747
-8 942

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
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.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10701
-₽10041
-₽12655
-₽20038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
6 391
health
-
-
-
3 432
accident
-
-
-
110
pensions
-
-
-
5 946
national
-
-
-
-
unemployment
-
-
-
55
municipal
-
-
-
11 650
total
-
-
-
27 584
Employee
57 098
-
41 851
-
municipal
17 027
-
12 480
-
national
-
-
-
-
total
17 027
-
12 480
-
Employer
57 098
-
41 851
-
other
6 635
-
4 863
-
unemployment
1 507
-
1 105
-
health
3 512
-
2 574
-
accident
114
-
84
-
pensions
6 172
-
4 524
-
total
17 940
-
13 150
-
Corporate
-
55 000
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends
-
42 900
-
-
withholding
-
12 870
-
-
total
-
12 870
-
-
Income
55 000
55 000
55 000
55 000
Total tax
34 967
24 970
25 630
27 584
After tax
20 033
30 030
29 370
27 416
Living cost
40 071
40 071
40 071
40 071
Free-cash
-20 038
-10 041
-10 701
-12 655

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4266
-₽10233
₽2594
₽3313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
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.

-
-
-
6 587
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.

-
-
-
5 941
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.

-
-
-
328
trade
-
-
-
1 672
total
-
-
-
14 528
Employee

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

48 897
-
55 000
-
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.

231
-
328
-
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.

4 201
-
5 941
-
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.

6 587
-
6 587
-
total
11 019
-
12 856
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 103
55 000
-
-
chamber of commerce
156
225
-
-
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.

51
454
-
-
trade
1 005
9 048
-
-
income
915
8 250
-
-
total
2 127
17 977
-
-
Dividends
3 977
37 023
-
-
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.

35
489
-
-
withholding
628
8 889
-
-
total
663
9 378
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 809
27 355
12 856
14 528
After tax
41 191
27 645
42 144
40 472
Living cost
37 878
37 878
37 878
37 878
Free-cash
3 313
-10 233
4 266
2 594

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
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.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6077
₽1924
₽11876
₽5226
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
8 580
health
-
-
-
1 402
income
-
-
-
1 868
total
-
-
-
11 850
Employee
74 142
74 142
74 142
-
social contributions
3 603
6 153
4 144
-
income
7 786
6 863
7 588
-
health
737
1 261
849
-
total
12 126
14 277
12 581
-
Employer
74 142
74 142
74 142
-
health
803
1 372
924
-
social contributions
3 603
6 153
4 144
-
total
4 406
7 525
5 068
-
Corporate
7 194
-
-
-
income
898
-
-
-
total
898
-
-
-
Dividends
6 296
-
-
-
withholding
1 070
-
-
-
total
1 070
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 500
21 802
17 649
11 850
After tax
36 500
33 198
37 351
43 150
Living cost
31 274
31 274
31 274
31 274
Free-cash
5 226
1 924
6 077
11 876

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
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.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14091
₽13350
₽20309
₽13721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
3 850
income
-
-
-
6 724
pensions
-
-
-
5 500
unemployment
-
-
-
825
total
-
-
-
16 899
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.

25 684
10 222
46 025
-
income
3 140
1 250
5 627
-
pensions
2 568
1 022
4 603
-
health
1 798
716
3 222
-
unemployment
385
153
690
-
total
7 891
3 141
14 142
-
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.

25 684
10 222
46 025
-
pensions
5 008
1 993
8 975
-
total
5 008
1 993
8 975
-
Corporate
24 308
42 785
-
-
income
2 188
3 851
-
-
total
2 188
3 851
-
-
Dividends
22 120
38 934
-
-
social contributions
4 197
7 475
-
-
withholding
4 203
7 398
-
-
total
8 400
14 873
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 487
23 858
23 117
16 899
After tax
31 513
31 142
31 883
38 101
Living cost
17 792
17 792
17 792
17 792
Free-cash
13 721
13 350
14 091
20 309

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9135
₽20711
₽7219
₽14722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
7 151
income
-
-
-
6 342
pensions
-
-
-
10 999
total
-
-
-
24 492
Employee
27 353
-
41 103
-
income
3 079
-
7 204
-
pensions
547
-
822
-
unemployment
437
-
657
-
total
4 063
-
8 683
-
Employer
27 353
-
41 103
-
unemployment
220
-
329
-
health
3 555
-
5 343
-
pensions
5 471
-
8 221
-
total
9 246
-
13 893
-
Corporate
18 401
55 000
-
-
income
3 680
11 000
-
-
total
3 680
11 000
-
-
Dividends
14 722
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 989
11 000
22 576
24 492
After tax
38 011
44 000
32 424
30 508
Living cost
23 289
23 289
23 289
23 289
Free-cash
14 722
20 711
9 135
7 219

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7596
-₽16995
₽16570
₽1165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
10 190
pensions
-
-
-
4 057
total
-
-
-
16 980
Employee
33 742
-
45 689
-
income
4 629
-
6 268
-
pensions
3 799
-
5 144
-
health
3 864
-
5 231
-
total
12 292
-
16 643
-
Employer
33 742
-
45 689
-
unemployment
827
-
1 119
-
accident
563
-
763
-
pensions
5 487
-
7 429
-
total
6 877
-
9 311
-
Corporate
14 381
55 000
-
-
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.

12 943
49 500
-
-
total
12 943
49 500
-
-
Dividends
1 438
5 500
-
-
withholding
273
1 045
-
-
total
273
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 385
50 545
25 954
16 980
After tax
22 615
4 455
29 046
38 020
Living cost
21 450
21 450
21 450
21 450
Free-cash
1 165
-16 995
7 596
16 570

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36105
₽44355
₽46555
₽42874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
9 869
-
55 000
-
income
1 974
-
11 000
-
total
1 974
-
11 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

45 131
55 000
-
-
total
-
-
-
-
Dividends
45 131
55 000
-
-
withholding
2 257
2 750
-
-
total
2 257
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 231
2 750
11 000
550
After tax
50 769
52 250
44 000
54 450
Living cost
7 895
7 895
7 895
7 895
Free-cash
42 874
44 355
36 105
46 555

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6550
₽14718
₽4086
₽8206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
2 613
health
-
-
-
2 421
income
-
-
-
6 986
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.

-
-
-
13 202
total
-
-
-
25 222
Employee
35 009
-
43 932
-
income
6 027
-
7 562
-
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.

2 450
-
3 074
-
health
490
-
615
-
unemployment
349
-
439
-
total
9 316
-
11 690
-
Employer
35 009
-
43 932
-
other
1 751
-
2 196
-
unemployment
349
-
439
-
health
490
-
615
-
accident
280
-
351
-
pensions

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

5 952
-
7 467
-
total
8 822
-
11 068
-
Corporate
11 168
55 000
-
-
income
2 346
11 549
-
-
total
2 346
11 549
-
-
Dividends
8 822
43 451
-
-
withholding
618
3 041
-
-
total
618
3 041
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 102
14 590
22 758
25 222
After tax
33 898
40 410
32 242
29 778
Living cost
25 692
25 692
25 692
25 692
Free-cash
8 206
14 718
6 550
4 086

Estimated living cost  is ₽25692 per week

₽18153
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.
₽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.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽28498
-₽23058
-₽22944
-₽48390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 332
pensions
-
-
-
3 346
total
-
-
-
13 678
Employee
90 927
-
49 102
-
income
16 391
-
8 941
-
health
1 498
-
641
-
pensions
8 772
-
3 752
-
total
26 661
-
13 334
-
Employer
90 927
-
49 102
-
health
1 727
-
933
-
pensions
10 736
-
4 965
-
total
12 463
-
5 898
-
Corporate
-
55 000
-
-
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.

-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
39 124
13 792
19 232
13 678
After tax
15 876
41 208
35 768
41 322
Living cost
64 266
64 266
64 266
64 266
Free-cash
-48 390
-23 058
-28 498
-22 944

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26383
₽34570
₽25435
₽30156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
3 816
income
-
-
-
8 250
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
17 110
Employee
16 492
-
48 490
-
income
1 649
-
4 849
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
9 653
-
Employer
16 492
-
48 490
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
35 272
55 000
-
-
income
3 527
5 500
-
-
total
3 527
5 500
-
-
Dividends
31 745
49 500
-
-
withholding
1 587
2 475
-
-
total
1 587
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 389
7 975
16 162
17 110
After tax
42 611
47 025
38 838
37 890
Living cost
12 455
12 455
12 455
12 455
Free-cash
30 156
34 570
26 383
25 435

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53821
-₽48409
-₽22016
-₽50045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
8 442
income
-
-
-
5 207
pensions
-
-
-
9 901
total
-
-
-
23 550
Employee
89 394
82 339
82 339
-
income

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

13 478
13 478
13 478
-
pensions
11 297
11 297
14 821
-
health
11 152
10 750
12 638
-
total
35 927
35 525
40 937
-
Employer
89 394
82 339
82 339
-
unemployment
3 219
2 964
2 964
-
health
6 212
5 723
5 723
-
pensions
6 221
5 731
5 731
-
total
15 652
14 418
14 418
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
51 579
49 943
55 355
23 550
After tax
3 421
5 057
-355
31 450
Living cost
53 466
53 466
53 466
53 466
Free-cash
-50 045
-48 409
-53 821
-22 016

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4084
₽14041
₽2961
₽5539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
16 060
health
-
-
-
7 425
income
-
-
-
4 727
solidarity contribution
-
-
-
-
total
-
-
-
28 212
Employee
35 040
-
41 045
-
social contributions
2 278
-
2 668
-
solidarity contribution
-
-
-
-
income
4 205
-
4 925
-
health
4 730
-
5 541
-
total
11 213
-
13 134
-
Employer
35 040
-
41 045
-
health
3 154
-
3 694
-
social contributions
8 760
-
10 261
-
total
11 914
-
13 955
-
Corporate
8 046
55 000
-
-
income
1 529
10 450
-
-
total
1 529
10 450
-
-
Dividends
6 517
44 550
-
-
withholding
978
6 682
-
-
total
978
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 634
17 132
27 089
28 212
After tax
29 366
37 868
27 911
26 788
Living cost
23 827
23 827
23 827
23 827
Free-cash
5 539
14 041
4 084
2 961

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13747
-₽11341
-₽10642
-₽30692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 146
national
-
-
-
9 932
regional
-
-
-
550
municipal
-
-
-
328
total
-
-
-
24 956
Employee
85 692
-
55 000
-
social contributions
28 895
-
18 546
-
municipal
454
-
291
-
national
14 848
-
8 744
-
regional
809
-
480
-
total
45 006
-
28 061
-
Employer
85 692
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 200
-
-
municipal
-
2 144
-
-
total
-
15 344
-
-
Dividends
-
39 656
-
-
withholding
-
10 311
-
-
total
-
10 311
-
-
Income
55 000
55 000
55 000
55 000
Total tax
45 006
25 655
28 061
24 956
After tax
9 994
29 345
26 939
30 044
Living cost
40 686
40 686
40 686
40 686
Free-cash
-30 692
-11 341
-13 747
-10 642

Estimated living cost  is ₽40686 per week

₽28361
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.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8661
₽13317
₽9841
₽10317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
-
health
-
-
-
3 905
income
-
-
-
8 270
pensions
-
-
-
11 000
surtax
-
-
-
487
unemployment
-
-
-
220
total
-
-
-
23 882
Employee
31 886
-
45 436
-
surtax
104
-
397
-
income
5 345
-
7 751
-
other
-
-
-
-
pensions
2 126
-
3 030
-
health
814
-
1 158
-
unemployment
2 219
-
3 162
-
total
10 608
-
15 498
-
Employer
31 886
-
45 436
-
other
-
-
-
-
unemployment
1 010
-
1 440
-
health
1 451
-
2 068
-
pensions
4 251
-
6 056
-
total
6 712
-
9 564
-
Corporate
16 403
55 000
-
-
income
4 265
14 300
-
-
total
4 265
14 300
-
-
Dividends
12 138
40 700
-
-
withholding
1 821
6 106
-
-
total
1 821
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 406
20 406
25 062
23 882
After tax
31 594
34 594
29 938
31 118
Living cost
21 277
21 277
21 277
21 277
Free-cash
10 317
13 317
8 661
9 841

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8137
-₽2697
-₽2583
-₽13691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 332
pensions
-
-
-
3 346
total
-
-
-
13 678
Employee
60 937
-
49 102
-
income
10 975
-
8 941
-
health
885
-
641
-
pensions
5 172
-
3 752
-
total
17 032
-
13 334
-
Employer
60 937
-
49 102
-
health
1 158
-
933
-
pensions
6 596
-
4 965
-
total
7 754
-
5 898
-
Corporate
-
55 000
-
-
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.

-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 786
13 792
19 232
13 678
After tax
30 214
41 208
35 768
41 322
Living cost
43 905
43 905
43 905
43 905
Free-cash
-13 691
-2 697
-8 137
-2 583

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34097
-₽52853
-₽31280
-₽44978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
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.

-
-
-
1 100
health
-
-
-
254
pensions
-
-
-
5 059
city
-
-
-
579
national
-
-
-
150
regional
-
-
-
1 136
total
-
-
-
8 278
Employee
91 283
-
49 222
-
national
432
-
118
-
city
980
-
529
-
pensions
7 669
-
4 143
-
health
206
-
110
-
regional
2 989
-
958
-
unemployment
-
-
-
-
total
12 276
-
5 858
-
Employer
91 283
-
49 222
-
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.

1 825
-
984
-
unemployment
-
-
-
-
health
206
-
110
-
pensions
7 669
-
4 143
-
total
9 700
-
5 237
-
Corporate
-
55 000
-
-
regional
-
11 632
-
-
national
-
4 676
-
-
total
-
16 308
-
-
Dividends
-
38 692
-
-
withholding
-
13 543
-
-
total
-
13 543
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 976
29 851
11 095
8 278
After tax
33 024
25 149
43 905
46 722
Living cost
78 002
78 002
78 002
78 002
Free-cash
-44 978
-52 853
-34 097
-31 280

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2027
-₽16807
-₽3771
-₽2947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
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.

-
-
-
6 587
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.

-
-
-
5 941
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.

-
-
-
328
trade
-
-
-
1 744
total
-
-
-
14 600
Employee

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

57 947
-
55 000
-
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.

375
-
328
-
income

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

6 814
-
5 941
-
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.

6 587
-
6 587
-
total
13 776
-
12 856
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 000
-
-
chamber of commerce
-
223
-
-
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.

-
454
-
-
trade
-
9 432
-
-
income
-
8 250
-
-
total
-
18 359
-
-
Dividends
-
36 640
-
-
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.

-
483
-
-
withholding
-
8 794
-
-
total
-
9 277
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 776
27 636
12 856
14 600
After tax
41 224
27 364
42 144
40 400
Living cost
44 171
44 171
44 171
44 171
Free-cash
-2 947
-16 807
-2 027
-3 771

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
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.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽475
-₽5266
-₽21
₽423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
1 705
social contributions
-
-
-
1 568
health
-
-
-
476
income
-
-
-
2 443
pensions
-
-
-
15 840
surtax
-
-
-
-
total
-
-
-
22 032
Employee
41 266
-
41 912
-
surtax
-
-
-
-
social contributions
1 177
-
1 195
-
income
2 435
-
2 512
-
pensions
4 666
-
4 741
-
total
8 278
-
8 448
-
Employer
41 266
-
41 912
-
other
1 424
-
1 446
-
unemployment
1 671
-
1 698
-
health
2 889
-
2 933
-
pensions
6 779
-
6 885
-
social contributions
124
-
126
-
total
12 887
-
13 088
-
Corporate
847
55 000
-
-
surtax
-
-
-
-
income
238
15 399
-
-
total
238
15 399
-
-
Dividends
609
39 601
-
-
social contributions
106
6 810
-
-
surtax
-
-
-
-
withholding
79
5 068
-
-
total
185
11 878
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 588
27 277
21 536
22 032
After tax
33 412
27 723
33 464
32 968
Living cost
32 989
32 989
32 989
32 989
Free-cash
423
-5 266
475
-21

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3744
-₽1997
₽3248
₽3358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
1 705
social contributions
-
-
-
1 568
health
-
-
-
476
income
-
-
-
2 443
pensions
-
-
-
15 840
surtax
-
-
-
-
total
-
-
-
22 032
Employee
36 836
-
41 912
-
surtax
-
-
-
-
social contributions
1 050
-
1 195
-
income
1 899
-
2 512
-
pensions
4 166
-
4 741
-
total
7 115
-
8 448
-
Employer
36 836
-
41 912
-
other
1 272
-
1 446
-
unemployment
1 491
-
1 698
-
health
2 578
-
2 933
-
pensions
6 053
-
6 885
-
social contributions
110
-
126
-
total
11 504
-
13 088
-
Corporate
6 660
55 000
-
-
surtax
-
-
-
-
income
1 865
15 399
-
-
total
1 865
15 399
-
-
Dividends
4 796
39 601
-
-
social contributions
825
6 810
-
-
surtax
-
-
-
-
withholding
613
5 068
-
-
total
1 438
11 878
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 922
27 277
21 536
22 032
After tax
33 078
27 723
33 464
32 968
Living cost
29 720
29 720
29 720
29 720
Free-cash
3 358
-1 997
3 744
3 248

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12542
₽13109
₽14875
₽13611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
7 590
health
-
-
-
3 839
income
-
-
-
8 250
total
-
-
-
19 679
Employee
32 692
-
55 000
-
social contributions
4 512
-
7 590
-
income
5 453
-
10 583
-
health
2 282
-
3 839
-
total
12 247
-
22 012
-
Employer
32 692
-
55 000
-
total
-
-
-
-
Corporate
22 308
55 000
-
-
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%.

1 116
2 750
-
-
total
1 116
2 750
-
-
Dividends
21 192
52 250
-
-
social contributions
2 924
7 211
-
-
withholding
3 178
7 837
-
-
health
1 478
3 647
-
-
total
7 580
18 695
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 943
21 445
22 012
19 679
After tax
34 057
33 555
32 988
35 321
Living cost
20 446
20 446
20 446
20 446
Free-cash
13 611
13 109
12 542
14 875

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12720
-₽2448
-₽3502
-₽8160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
4 207
income
-
-
-
3 821
chamber of commerce
-
-
-
220
pensions
-
-
-
10 175
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
24 527
Employee
48 186
38 425
42 561
-
income
5 486
2 834
3 874
-
other
481
384
426
-
pensions
4 935
3 934
4 358
-
health
1 865
1 488
1 647
-
unemployment
1 446
1 153
1 277
-
total
14 213
9 793
11 582
-
Employer
48 186
38 425
42 561
-
other
2 289
1 824
2 022
-
unemployment
1 446
1 153
1 277
-
health
1 821
1 453
1 608
-
surtax
190
190
190
-
accident
626
500
553
-
pensions
6 047
4 823
5 341
-
payroll
1 446
1 153
1 277
-
chamber of commerce
192
154
170
-
total
14 057
11 250
12 438
-
Corporate
3 660
5 326
38 902
-
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.

915
1 332
9 725
-
total
915
1 332
9 725
-
Dividends
-
3 994
-
-
withholding
-
1 098
-
-
total
-
1 098
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 185
23 473
33 745
24 527
After tax
25 815
31 527
21 255
30 473
Living cost
33 975
33 975
33 975
33 975
Free-cash
-8 160
-2 448
-12 720
-3 502

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11522
-₽4159
-₽5539
-₽34045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
6 344
communal

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

-
-
-
2 920
national
-
-
-
16 119
total
-
-
-
25 383
Employee

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

68 970
-
42 598
-
national
21 204
-
11 175
-
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.

5 173
-
3 195
-
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.

3 240
-
2 002
-
communal

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

3 597
-
2 221
-
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.

600
-
371
-
total
33 814
-
18 964
-
Employer

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

68 970
-
42 598
-
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.

1 006
-
622
-
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.

4 241
-
2 620
-
surtax
7 820
-
4 831
-
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.

897
-
554
-
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.

6 111
-
3 775
-
total
20 075
-
12 402
-
Corporate
-
55 000
-
-
surtax
-
220
-
-
income
-
11 000
-
-
total
-
11 220
-
-
Dividends
-
43 780
-
-
withholding

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

-
12 783
-
-
total
-
12 783
-
-
Income
55 000
55 000
55 000
55 000
Total tax
53 889
24 003
31 366
25 383
After tax
1 111
30 997
23 634
29 617
Living cost
35 156
35 156
35 156
35 156
Free-cash
-34 045
-4 159
-11 522
-5 539

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
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.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4125
₽2332
-₽4515
-₽8295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
55
accident
-
-
-
496
income
-
-
-
8 193
pensions
-
-
-
15 566
unemployment
-
-
-
384
total
-
-
-
24 694
Employee
47 996
-
41 703
-
income
10 127
-
8 359
-
other
48
-
42
-
pensions
2 256
-
1 960
-
unemployment
745
-
646
-
total
13 176
-
11 007
-
Employer
47 996
-
41 703
-
other
382
-
335
-
unemployment
2 640
-
2 295
-
accident
950
-
825
-
pensions
11 326
-
9 842
-
total
15 298
-
13 297
-
Corporate
-
55 000
-
-
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.

-
8 250
-
-
total
-
8 250
-
-
Dividends
-
46 750
-
-
withholding
-
9 597
-
-
total
-
9 597
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 474
17 847
24 304
24 694
After tax
26 526
37 153
30 696
30 306
Living cost
34 821
34 821
34 821
34 821
Free-cash
-8 295
2 332
-4 125
-4 515

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14883
-₽17844
-₽15985
-₽26744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
4 124
accident
-
-
-
496
income
-
-
-
2 256
pensions
-
-
-
8 799
communal
-
-
-
-
surtax
-
-
-
2 911
total
-
-
-
18 586
Employee
73 018
-
49 128
-
surtax
4 476
-
3 010
-
income
7 053
-
2 485
-
pensions
5 841
-
3 930
-
health
3 250
-
2 187
-
total
20 620
-
11 612
-
Employer
73 018
-
49 128
-
health
2 227
-
1 499
-
accident
657
-
443
-
pensions
5 841
-
3 930
-
total
8 725
-
5 872
-
Corporate
-
55 000
-
-
surtax
-
578
-
-
income
-
8 250
-
-
communal
-
3 713
-
-
total
-
12 541
-
-
Dividends
-
42 459
-
-
income
-
1 535
-
-
withholding
-
6 369
-
-
total
-
7 904
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 345
20 445
17 484
18 586
After tax
25 655
34 555
37 516
36 414
Living cost
52 399
52 399
52 399
52 399
Free-cash
-26 744
-17 844
-14 883
-15 985

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8281
₽12937
₽9461
₽9871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
-
health
-
-
-
3 905
income
-
-
-
8 270
pensions
-
-
-
11 000
surtax
-
-
-
487
unemployment
-
-
-
220
total
-
-
-
23 882
Employee
32 471
-
45 436
-
surtax
115
-
397
-
income
5 444
-
7 751
-
other
-
-
-
-
pensions
2 166
-
3 030
-
health
829
-
1 158
-
unemployment
2 260
-
3 162
-
total
10 814
-
15 498
-
Employer
32 471
-
45 436
-
other
-
-
-
-
unemployment
1 030
-
1 440
-
health
1 477
-
2 068
-
pensions
4 329
-
6 056
-
total
6 836
-
9 564
-
Corporate
15 693
55 000
-
-
income
4 080
14 300
-
-
total
4 080
14 300
-
-
Dividends
11 613
40 700
-
-
withholding
1 742
6 106
-
-
total
1 742
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 472
20 406
25 062
23 882
After tax
31 528
34 594
29 938
31 118
Living cost
21 657
21 657
21 657
21 657
Free-cash
9 871
12 937
8 281
9 461

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽706
₽2936
₽3791
₽794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 146
national
-
-
-
9 932
regional
-
-
-
830
municipal
-
-
-
328
total
-
-
-
25 236
Employee
53 486
-
55 000
-
social contributions
18 036
-
18 546
-
municipal
284
-
291
-
national
8 474
-
8 744
-
regional
720
-
740
-
total
27 514
-
28 321
-
Employer
53 486
-
55 000
-
total
-
-
-
-
Corporate
1 514
55 000
-
-
nationa
364
13 200
-
-
municipal
75
2 734
-
-
total
439
15 934
-
-
Dividends
1 075
39 067
-
-
withholding
280
10 157
-
-
total
280
10 157
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 233
26 091
28 321
25 236
After tax
26 767
28 909
26 679
29 764
Living cost
25 973
25 973
25 973
25 973
Free-cash
794
2 936
706
3 791

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1451
₽8506
-₽2574
-₽2860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
16 060
health
-
-
-
7 425
income
-
-
-
4 727
solidarity contribution
-
-
-
-
total
-
-
-
28 212
Employee
43 179
-
41 045
-
social contributions
2 807
-
2 668
-
solidarity contribution
-
-
-
-
income
5 181
-
4 925
-
health
5 829
-
5 541
-
total
13 817
-
13 134
-
Employer
43 179
-
41 045
-
health
3 886
-
3 694
-
social contributions
10 795
-
10 261
-
total
14 681
-
13 955
-
Corporate
-
55 000
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
6 682
-
-
total
-
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 498
17 132
27 089
28 212
After tax
26 502
37 868
27 911
26 788
Living cost
29 362
29 362
29 362
29 362
Free-cash
-2 860
8 506
-1 451
-2 574

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9463
₽868
-₽98
-₽191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
4 207
income
-
-
-
3 821
chamber of commerce
-
-
-
220
pensions
-
-
-
10 175
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
24 337
Employee
42 148
38 425
42 711
-
income
3 755
2 834
3 918
-
other
421
384
426
-
pensions
4 316
3 934
4 373
-
health
1 630
1 488
1 652
-
unemployment
1 264
1 153
1 281
-
total
11 386
9 793
11 650
-
Employer
42 148
38 425
42 711
-
other
2 002
1 824
2 027
-
unemployment
1 264
1 153
1 281
-
health
1 594
1 453
1 614
-
surtax
-
-
-
-
accident
547
500
554
-
pensions
5 290
4 823
5 361
-
payroll
1 264
1 153
1 281
-
chamber of commerce
168
154
170
-
total
12 129
11 060
12 288
-
Corporate
3 660
5 516
39 052
-
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.

915
1 380
9 764
-
total
915
1 380
9 764
-
Dividends
-
4 137
-
-
withholding
-
1 138
-
-
total
-
1 138
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 430
23 371
33 702
24 337
After tax
30 570
31 629
21 298
30 663
Living cost
30 761
30 761
30 761
30 761
Free-cash
-191
868
-9 463
-98

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31697
₽39947
₽42147
₽37640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
15 379
-
55 000
-
income
3 076
-
11 000
-
total
3 076
-
11 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

39 621
55 000
-
-
total
-
-
-
-
Dividends
39 621
55 000
-
-
withholding
1 981
2 750
-
-
total
1 981
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
5 057
2 750
11 000
550
After tax
49 943
52 250
44 000
54 450
Living cost
12 303
12 303
12 303
12 303
Free-cash
37 640
39 947
31 697
42 147

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2816
₽12006
₽4410
₽3941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
health
-
-
-
5 412
income
-
-
-
9 190
pensions
-
-
-
10 044
unemployment
-
-
-
82
total
-
-
-
24 728
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.

42 637
-
47 589
-
income
7 353
-
8 396
-
pensions
6 609
-
7 376
-
health
2 754
-
3 074
-
unemployment
60
-
66
-
total
16 776
-
18 912
-
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.

42 637
-
47 589
-
unemployment
26
-
29
-
health
2 840
-
3 169
-
pensions
3 773
-
4 212
-
total
6 639
-
7 410
-
Corporate
5 724
55 000
-
-
income
1 087
10 450
-
-
total
1 087
10 450
-
-
Dividends
4 638
44 550
-
-
withholding
695
6 682
-
-
total
695
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 197
17 132
26 322
24 728
After tax
29 803
37 868
28 678
30 272
Living cost
25 862
25 862
25 862
25 862
Free-cash
3 941
12 006
2 816
4 410

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1469
-₽9813
-₽5266
-₽94540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
6 270
income
-
-
-
10 721
total
-
-
-
16 991
Employee
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
Corporate
-
55 000
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends
-
42 900
-
-
income
-
9 438
-
-
total
-
9 438
-
-
Income
55 000
55 000
55 000
55 000
Total tax
106 265
21 538
13 194
16 991
After tax
-51 265
33 462
41 806
38 009
Living cost
43 275
43 275
43 275
43 275
Free-cash
-94 540
-9 813
-1 469
-5 266

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
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.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56
₽1041
₽1514
₽69
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
social contributions

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

-
-
-
19 112
income
-
-
-
4 130
surtax
-
-
-
-
total
-
-
-
23 242
Employee
44 346
-
44 444
-
surtax
-
-
-
-
social contributions
4 878
-
4 889
-
income
9 224
-
9 255
-
total
14 102
-
14 144
-
Employer
44 346
-
44 444
-
social contributions
10 532
-
10 556
-
total
10 532
-
10 556
-
Corporate
122
55 000
-
-
surtax
-
-
-
-
income
26
11 549
-
-
total
26
11 549
-
-
Dividends
97
43 451
-
-
withholding
27
12 166
-
-
total
27
12 166
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 687
23 715
24 700
23 242
After tax
30 313
31 285
30 300
31 758
Living cost
30 244
30 244
30 244
30 244
Free-cash
69
1 041
56
1 514

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
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.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13106
-₽18847
-₽13602
-₽24250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
1 705
social contributions
-
-
-
1 568
health
-
-
-
476
income
-
-
-
2 443
pensions
-
-
-
15 840
surtax
-
-
-
-
total
-
-
-
22 032
Employee
60 390
-
41 912
-
surtax
-
-
-
-
social contributions
1 720
-
1 195
-
income
5 269
-
2 512
-
pensions
6 830
-
4 741
-
total
13 819
-
8 448
-
Employer
60 390
-
41 912
-
other
2 084
-
1 446
-
unemployment
2 446
-
1 698
-
health
4 227
-
2 933
-
pensions
9 923
-
6 885
-
social contributions
181
-
126
-
total
18 861
-
13 088
-
Corporate
-
55 000
-
-
surtax
-
-
-
-
income
-
15 399
-
-
total
-
15 399
-
-
Dividends
-
39 601
-
-
social contributions
-
6 810
-
-
surtax
-
-
-
-
withholding
-
5 068
-
-
total
-
11 878
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 680
27 277
21 536
22 032
After tax
22 320
27 723
33 464
32 968
Living cost
46 570
46 570
46 570
46 570
Free-cash
-24 250
-18 847
-13 106
-13 602

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15508
₽20516
₽13916
₽17277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
-
social contributions
-
-
-
12 100
total
-
-
-
12 100
Employee
30 998
-
47 619
-
income
-
-
31
-
social contributions
2 015
-
3 096
-
total
2 015
-
3 127
-
Employer
30 998
-
47 619
-
social contributions
4 805
-
7 381
-
total
4 805
-
7 381
-
Corporate
19 197
55 000
-
-
income
1 919
5 500
-
-
total
1 919
5 500
-
-
Dividends
17 278
49 500
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
8 739
5 500
10 508
12 100
After tax
46 261
49 500
44 492
42 900
Living cost
28 984
28 984
28 984
28 984
Free-cash
17 277
20 516
15 508
13 916

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽154778
-₽154778
-₽10650
-₽154778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
labour market
-
-
-
4 333
pensions
-
-
-
835
national
-
-
-
5 204
municipal
-
-
-
8 908
total
-
-
-
19 280
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
163 408
163 408
163 408
19 280
After tax
-108 408
-108 408
-108 408
35 720
Living cost
46 370
46 370
46 370
46 370
Free-cash
-154 778
-154 778
-154 778
-10 650

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7912
-₽16679
₽16886
₽1213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
10 190
pensions
-
-
-
4 057
total
-
-
-
16 980
Employee
33 245
-
45 689
-
income
4 561
-
6 268
-
pensions
3 744
-
5 144
-
health
3 807
-
5 231
-
total
12 112
-
16 643
-
Employer
33 245
-
45 689
-
unemployment
815
-
1 119
-
accident
555
-
763
-
pensions
5 406
-
7 429
-
total
6 776
-
9 311
-
Corporate
14 980
55 000
-
-
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.

13 481
49 500
-
-
total
13 481
49 500
-
-
Dividends
1 498
5 500
-
-
withholding
284
1 045
-
-
total
284
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 653
50 545
25 954
16 980
After tax
22 347
4 455
29 046
38 020
Living cost
21 134
21 134
21 134
21 134
Free-cash
1 213
-16 679
7 912
16 886

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3055
₽995
₽5673
-₽5299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
55 000
health
-
-
-
445
national
-
-
-
2 044
municipal
-
-
-
9 820
total
-
-
-
12 309
Employee
50 729
-
46 270
-
municipal
8 309
-
7 586
-
national
838
-
596
-
pensions
3 423
-
3 123
-
health
379
-
309
-
unemployment
761
-
693
-
total
13 710
-
12 307
-
Employer
50 729
-
46 270
-
unemployment
329
-
300
-
health
390
-
357
-
accident
51
-
46
-
pensions
8 801
-
8 027
-
total
9 571
-
8 730
-
Corporate
-
55 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends

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

-
33 000
-
-
national
-
48
-
-
municipal
-
5 939
-
-
total
-
5 987
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 281
16 987
21 037
12 309
After tax
31 719
38 013
33 963
42 691
Living cost
37 018
37 018
37 018
37 018
Free-cash
-5 299
995
-3 055
5 673

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15027
₽10874
₽20826
₽12925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
8 580
health
-
-
-
1 402
income
-
-
-
1 868
total
-
-
-
11 850
Employee
74 142
74 142
74 142
-
social contributions
2 803
6 153
4 144
-
income
8 073
6 863
7 588
-
health
575
1 261
849
-
total
11 451
14 277
12 581
-
Employer
74 142
74 142
74 142
-
health
624
1 372
924
-
social contributions
2 803
6 153
4 144
-
total
3 427
7 525
5 068
-
Corporate
17 798
-
-
-
income
2 225
-
-
-
total
2 225
-
-
-
Dividends
15 573
-
-
-
withholding
2 648
-
-
-
total
2 648
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 751
21 802
17 649
11 850
After tax
35 249
33 198
37 351
43 150
Living cost
22 324
22 324
22 324
22 324
Free-cash
12 925
10 874
15 027
20 826

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18760
₽30237
₽25394
₽25331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 000
health
-
-
-
3 489
income
-
-
-
4 648
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
14 297
Employee

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

22 132
-
49 864
-
income
1 513
-
3 828
-
pensions
3 319
-
7 480
-
health
1 881
-
4 238
-
unemployment
110
-
249
-
total
6 823
-
15 795
-
Employer

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

22 132
-
49 864
-
unemployment
110
-
249
-
health
951
-
2 144
-
pensions
1 217
-
2 743
-
total
2 278
-
5 136
-
Corporate
30 590
55 000
-
-
income
2 754
4 949
-
-
total
2 754
4 949
-
-
Dividends
27 836
50 051
-
-
withholding
2 505
4 505
-
-
total
2 505
4 505
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 360
9 454
20 931
14 297
After tax
40 640
45 546
34 069
40 703
Living cost
15 309
15 309
15 309
15 309
Free-cash
25 331
30 237
18 760
25 394

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽4182
₽10639
₽3792
₽5497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
55
accident
-
-
-
496
income
-
-
-
8 193
pensions
-
-
-
15 566
unemployment
-
-
-
384
total
-
-
-
24 694
Employee
35 652
-
41 703
-
income
6 873
-
8 359
-
other
35
-
42
-
pensions
1 676
-
1 960
-
unemployment
553
-
646
-
total
9 137
-
11 007
-
Employer
35 652
-
41 703
-
other
285
-
335
-
unemployment
1 961
-
2 295
-
accident
706
-
825
-
pensions
8 413
-
9 842
-
total
11 365
-
13 297
-
Corporate
7 981
55 000
-
-
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.

1 197
8 250
-
-
total
1 197
8 250
-
-
Dividends
6 785
46 750
-
-
withholding
1 290
9 597
-
-
total
1 290
9 597
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 989
17 847
24 304
24 694
After tax
32 011
37 153
30 696
30 306
Living cost
26 514
26 514
26 514
26 514
Free-cash
5 497
10 639
4 182
3 792

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32795
₽32539
₽32923
₽32246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
942
income
-
-
-
18 055
pensions
-
-
-
1 299
total
-
-
-
20 296
Employee
2 713
-
53 538
-
income
525
-
17 987
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
18 962
-
Employer
2 713
-
53 538
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
51 677
55 000
-
-
income
11 369
12 100
-
-
total
11 369
12 100
-
-
Dividends
40 308
42 900
-
-
withholding
8 062
8 580
-
-
total
8 062
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 973
20 680
20 424
20 296
After tax
34 027
34 320
34 576
34 704
Living cost
1 781
1 781
1 781
1 781
Free-cash
32 246
32 539
32 795
32 923

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12962
₽23109
₽10594
₽18380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
health
-
-
-
5 665
income
-
-
-
6 988
pensions
-
-
-
14 300
unemployment
-
-
-
825
total
-
-
-
27 778
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.

25 074
-
46 650
-
income
3 456
-
7 777
-
pensions
3 510
-
6 531
-
health
1 291
-
2 402
-
unemployment
188
-
350
-
total
8 445
-
17 060
-
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.

25 074
-
46 650
-
unemployment
188
-
350
-
health
1 291
-
2 402
-
pensions
3 009
-
5 598
-
total
4 488
-
8 350
-
Corporate
25 438
55 000
-
-
income
3 816
8 250
-
-
total
3 816
8 250
-
-
Dividends
21 622
46 750
-
-
withholding
3 243
7 013
-
-
total
3 243
7 013
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 992
15 263
25 410
27 778
After tax
35 008
39 737
29 590
27 222
Living cost
16 628
16 628
16 628
16 628
Free-cash
18 380
23 109
12 962
10 594

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
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.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4306
₽5291
₽5764
₽4943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
social contributions

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

-
-
-
19 112
income
-
-
-
4 130
surtax
-
-
-
-
total
-
-
-
23 242
Employee
37 423
-
44 444
-
surtax
-
-
-
-
social contributions
4 117
-
4 889
-
income
7 312
-
9 255
-
total
11 429
-
14 144
-
Employer
37 423
-
44 444
-
social contributions
8 887
-
10 556
-
total
8 887
-
10 556
-
Corporate
8 690
55 000
-
-
surtax
-
-
-
-
income
1 824
11 549
-
-
total
1 824
11 549
-
-
Dividends
6 866
43 451
-
-
withholding
1 923
12 166
-
-
total
1 923
12 166
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 063
23 715
24 700
23 242
After tax
30 937
31 285
30 300
31 758
Living cost
25 994
25 994
25 994
25 994
Free-cash
4 943
5 291
4 306
5 764

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3190
₽3267
-₽3580
-₽6414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
55
accident
-
-
-
496
income
-
-
-
8 193
pensions
-
-
-
15 566
unemployment
-
-
-
384
total
-
-
-
24 694
Employee
46 567
-
41 703
-
income
9 726
-
8 359
-
other
46
-
42
-
pensions
2 188
-
1 960
-
unemployment
721
-
646
-
total
12 681
-
11 007
-
Employer
46 567
-
41 703
-
other
373
-
335
-
unemployment
2 562
-
2 295
-
accident
922
-
825
-
pensions
10 990
-
9 842
-
total
14 847
-
13 297
-
Corporate
-
55 000
-
-
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.

-
8 250
-
-
total
-
8 250
-
-
Dividends
-
46 750
-
-
withholding
-
9 597
-
-
total
-
9 597
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 528
17 847
24 304
24 694
After tax
27 472
37 153
30 696
30 306
Living cost
33 886
33 886
33 886
33 886
Free-cash
-6 414
3 267
-3 190
-3 580

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22497
₽30684
₽21549
₽24894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
3 816
income
-
-
-
8 250
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
17 110
Employee
21 638
-
48 490
-
income
2 164
-
4 849
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
9 653
-
Employer
21 638
-
48 490
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
29 117
55 000
-
-
income
2 912
5 500
-
-
total
2 912
5 500
-
-
Dividends
26 205
49 500
-
-
withholding
1 311
2 475
-
-
total
1 311
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 765
7 975
16 162
17 110
After tax
41 235
47 025
38 838
37 890
Living cost
16 341
16 341
16 341
16 341
Free-cash
24 894
30 684
22 497
21 549

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4919
-₽8731
₽3459
₽3881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
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.

-
-
-
6 587
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.

-
-
-
5 941
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.

-
-
-
328
trade
-
-
-
1 460
total
-
-
-
14 316
Employee

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

47 975
-
55 000
-
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.

218
-
328
-
income

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

3 945
-
5 941
-
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.

6 587
-
6 587
-
total
10 750
-
12 856
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 025
55 000
-
-
chamber of commerce
157
227
-
-
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
454
-
-
trade
1 008
7 892
-
-
income
1 054
8 250
-
-
total
2 278
16 823
-
-
Dividends
4 747
38 177
-
-
surtax

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

46
505
-
-
withholding
820
9 178
-
-
total
866
9 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 894
26 506
12 856
14 316
After tax
41 106
28 494
42 144
40 684
Living cost
37 225
37 225
37 225
37 225
Free-cash
3 881
-8 731
4 919
3 459

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11925
-₽16424
-₽11925
-₽20423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
7 981
social contributions
-
-
-
4 019
total
-
-
-
12 000
Employee
75 422
-
55 000
-
income
14 232
-
7 981
-
social contributions
6 266
-
4 019
-
total
20 498
-
12 000
-
Employer
75 422
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
6 874
-
-
total
-
6 874
-
-
Dividends
-
48 126
-
-
withholding
-
9 625
-
-
total
-
9 625
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 498
16 499
12 000
12 000
After tax
34 502
38 501
43 000
43 000
Living cost
54 925
54 925
54 925
54 925
Free-cash
-20 423
-16 424
-11 925
-11 925

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
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.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4747
-₽4346
-₽13374
₽1240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
income
-
-
-
27 446
health

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

-
-
-
5 927
total
-
-
-
33 373
Employee
44 232
-
50 565
-
income
4 799
-
6 382
-
social contributions
4 432
-
4 435
-
total
9 231
-
10 817
-
Employer
44 232
-
50 565
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
6 336
55 000
-
-
income
2 218
19 251
-
-
total
2 218
19 251
-
-
Dividends
4 119
35 749
-
-
social contributions
2 878
5 094
-
-
total
2 878
5 094
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 759
24 345
15 252
33 373
After tax
36 241
30 655
39 748
21 627
Living cost
35 001
35 001
35 001
35 001
Free-cash
1 240
-4 346
4 747
-13 374

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75
₽5515
₽5629
₽95
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 332
pensions
-
-
-
3 346
total
-
-
-
13 678
Employee
48 994
-
49 102
-
income
8 922
-
8 941
-
health
639
-
641
-
pensions
3 739
-
3 752
-
total
13 300
-
13 334
-
Employer
48 994
-
49 102
-
health
931
-
933
-
pensions
4 950
-
4 965
-
total
5 881
-
5 898
-
Corporate
125
55 000
-
-
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.

23
10 450
-
-
total
23
10 450
-
-
Dividends
102
44 550
-
-
withholding
8
3 342
-
-
total
8
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 212
13 792
19 232
13 678
After tax
35 788
41 208
35 768
41 322
Living cost
35 693
35 693
35 693
35 693
Free-cash
95
5 515
75
5 629

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5820
-₽18771
₽14794
₽894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
10 190
pensions
-
-
-
4 057
total
-
-
-
16 980
Employee
36 536
-
45 689
-
income
5 012
-
6 268
-
pensions
4 114
-
5 144
-
health
4 183
-
5 231
-
total
13 309
-
16 643
-
Employer
36 536
-
45 689
-
unemployment
895
-
1 119
-
accident
610
-
763
-
pensions
5 940
-
7 429
-
total
7 445
-
9 311
-
Corporate
11 018
55 000
-
-
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.

9 917
49 500
-
-
total
9 917
49 500
-
-
Dividends
1 102
5 500
-
-
withholding
209
1 045
-
-
total
209
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 880
50 545
25 954
16 980
After tax
24 120
4 455
29 046
38 020
Living cost
23 226
23 226
23 226
23 226
Free-cash
894
-18 771
5 820
14 794

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19533
₽33743
₽19533
₽29061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 000
income
-
-
-
7 335
health insurance
-
-
-
4 070
work injury
-
-
-
275
pensions
-
-
-
10 120
unemployment
-
-
-
660
total
-
-
-
22 460
Employee

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

20 811
-
55 000
-
income
2 081
-
7 335
-
work injury
104
-
275
-
health insurance
1 540
-
4 070
-
pensions
3 829
-
10 120
-
unemployment
250
-
660
-
total
7 804
-
22 460
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 189
55 000
-
-
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
34 189
55 000
-
-
withholding
5 128
8 250
-
-
total
5 128
8 250
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 932
8 250
22 460
22 460
After tax
42 068
46 750
32 540
32 540
Living cost
13 007
13 007
13 007
13 007
Free-cash
29 061
33 743
19 533
19 533

Estimated living cost  is ₽13007 per week

₽8058
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.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11749
-₽9441
-₽8698
-₽26250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 146
national
-
-
-
9 932
regional
-
-
-
841
municipal
-
-
-
368
total
-
-
-
25 287
Employee
81 250
-
55 000
-
social contributions
27 397
-
18 546
-
municipal
485
-
328
-
national
13 730
-
8 744
-
regional
1 227
-
720
-
total
42 839
-
28 338
-
Employer
81 250
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 200
-
-
municipal
-
2 651
-
-
total
-
15 851
-
-
Dividends
-
39 149
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
55 000
55 000
55 000
55 000
Total tax
42 839
26 030
28 338
25 287
After tax
12 161
28 970
26 662
29 713
Living cost
38 411
38 411
38 411
38 411
Free-cash
-26 250
-9 441
-11 749
-8 698

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
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.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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