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
-₽2522
₽11851
₽10553
₽8603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 512
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.

-
-
-
303
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.

-
-
-
6 871
trade
-
-
-
1 298
total
-
-
-
13 984
Employee

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

38 468
-
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.

59
-
303
-
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.

1 075
-
5 512
-
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.

6 871
-
6 871
-
total
8 005
-
12 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 532
55 000
-
-
income
2 479
8 251
-
-
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.

136
454
-
-
chamber of commerce
176
231
-
-
trade
2 603
8 663
-
-
total
5 394
17 599
-
-
Dividends
11 138
37 401
-
-
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.

132
492
-
-
withholding
2 403
8 968
-
-
total
2 535
9 460
-
-
Income
55 000
55 000
55 000
55 000
Total tax
15 934
27 059
12 686
13 984
After tax
39 066
27 941
42 314
41 016
Living cost
30 463
30 463
30 463
30 463
Free-cash
8 603
-2 522
11 851
10 553

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19091
-₽18174
-₽18605
-₽35311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 100
national
-
-
-
7 903
pensions
-
-
-
6 600
total
-
-
-
20 194
Employee
82 797
-
47 547
-
municipal
10 227
-
5 313
-
pensions
3 312
-
1 902
-
national
15 847
-
8 233
-
total
29 386
-
15 448
-
Employer
82 797
-
47 547
-
pensions
6 624
-
3 804
-
social contributions
890
-
511
-
total
7 514
-
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
36 900
20 680
19 763
20 194
After tax
18 100
34 320
35 237
34 806
Living cost
53 411
53 411
53 411
53 411
Free-cash
-35 311
-19 091
-18 174
-18 605

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23077
₽10595
₽22659
₽14827
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 166
microenterprise
-
-
-
8 251
total
-
-
-
11 417
Employee
29 388
-
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.

3 233
-
4 876
-
income
5 231
-
7 928
-
total
8 464
-
12 804
-
Employer
29 388
-
44 323
-
social contributions

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

7 079
-
10 677
-
surtax
-
-
-
-
total
7 079
-
10 677
-
Corporate
18 533
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%.

3 706
10 999
-
-
total
3 706
10 999
-
-
Dividends

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

14 826
44 001
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 249
10 999
23 481
11 417
After tax
35 751
44 001
31 519
43 583
Living cost
20 924
20 924
20 924
20 924
Free-cash
14 827
23 077
10 595
22 659

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39227
-₽44873
-₽10659
-₽44873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 183
health
-
-
-
8 444
pensions
-
-
-
9 900
total
-
-
-
23 527
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
57 741
52 095
57 741
23 527
After tax
-2 741
2 905
-2 741
31 473
Living cost
42 132
42 132
42 132
42 132
Free-cash
-44 873
-39 227
-44 873
-10 659

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11176
-₽11836
-₽13790
-₽22163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
110
other
-
-
-
6 391
unemployment
-
-
-
55
health
-
-
-
3 432
municipal
-
-
-
11 650
national
-
-
-
-
pensions
-
-
-
5 946
total
-
-
-
27 584
Employee
58 715
-
41 850
-
municipal
17 509
-
12 480
-
national
-
-
-
-
total
17 509
-
12 480
-
Employer
58 715
-
41 850
-
health
3 611
-
2 574
-
pensions
6 347
-
4 524
-
accident
117
-
84
-
unemployment
1 550
-
1 105
-
other
6 823
-
4 863
-
total
18 448
-
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
35 957
24 970
25 630
27 584
After tax
19 043
30 030
29 370
27 416
Living cost
41 206
41 206
41 206
41 206
Free-cash
-22 163
-11 176
-11 836
-13 790

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11855
₽2804
₽1449
₽2282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 512
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.

-
-
-
303
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.

-
-
-
6 871
trade
-
-
-
1 355
total
-
-
-
14 041
Employee

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

51 004
-
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.

240
-
303
-
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.

4 382
-
5 512
-
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.

6 871
-
6 871
-
total
11 493
-
12 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 996
55 000
-
-
income
599
8 251
-
-
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.

32
454
-
-
chamber of commerce
158
231
-
-
trade
657
9 047
-
-
total
1 446
17 983
-
-
Dividends
2 550
37 017
-
-
surtax

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

13
489
-
-
withholding
256
8 873
-
-
total
269
9 362
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 208
27 345
12 686
14 041
After tax
41 792
27 655
42 314
40 959
Living cost
39 510
39 510
39 510
39 510
Free-cash
2 282
-11 855
2 804
1 449

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽364
₽4338
₽10838
₽3731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 559
social contributions
-
-
-
8 579
health
-
-
-
1 403
total
-
-
-
11 541
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
4 144
-
income
8 121
7 159
7 980
-
health
769
1 315
849
-
total
12 648
14 893
12 973
-
Employer
77 337
77 337
77 337
-
health
838
1 431
924
-
social contributions
3 758
6 419
4 144
-
total
4 596
7 850
5 068
-
Corporate
5 134
-
-
-
income
641
-
-
-
total
641
-
-
-
Dividends
4 493
-
-
-
withholding
763
-
-
-
total
763
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 648
22 743
18 041
11 541
After tax
36 352
32 257
36 959
43 459
Living cost
32 621
32 621
32 621
32 621
Free-cash
3 731
-364
4 338
10 838

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12701
₽13428
₽19646
₽13085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 724
unemployment
-
-
-
825
health
-
-
-
3 850
pensions
-
-
-
5 500
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.

26 641
10 603
46 025
-
unemployment
400
159
690
-
pensions
2 664
1 060
4 603
-
income
3 257
1 296
5 627
-
health
1 865
742
3 222
-
total
8 186
3 257
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.

26 641
10 603
46 025
-
pensions
5 195
2 068
8 975
-
total
5 195
2 068
8 975
-
Corporate
23 164
42 330
-
-
income
2 085
3 810
-
-
total
2 085
3 810
-
-
Dividends
21 080
38 520
-
-
social contributions
3 989
7 390
-
-
withholding
4 005
7 319
-
-
total
7 994
14 709
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 460
23 844
23 117
16 899
After tax
31 540
31 156
31 883
38 101
Living cost
18 455
18 455
18 455
18 455
Free-cash
13 085
12 701
13 428
19 646

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and 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 Budapest model

Close
Tallinn , Estonia
₽19708
₽8350
₽6435
₽13460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 121
health
-
-
-
7 150
pensions
-
-
-
11 001
total
-
-
-
24 272
Employee
28 531
-
41 105
-
unemployment
456
-
658
-
pensions
571
-
823
-
income
3 212
-
6 984
-
total
4 239
-
8 465
-
Employer
28 531
-
41 105
-
health
3 708
-
5 344
-
pensions
5 707
-
8 220
-
unemployment
229
-
328
-
total
9 644
-
13 892
-
Corporate
16 824
55 000
-
-
income
3 365
10 999
-
-
total
3 365
10 999
-
-
Dividends
13 460
44 001
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
17 248
10 999
22 357
24 272
After tax
37 752
44 001
32 643
30 728
Living cost
24 292
24 292
24 292
24 292
Free-cash
13 460
19 708
8 350
6 435

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17945
₽6646
₽15647
₽1019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
9 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
16 953
Employee
35 237
-
45 688
-
pensions
3 968
-
5 144
-
income
4 834
-
6 268
-
health
4 035
-
5 231
-
total
12 837
-
16 643
-
Employer
35 237
-
45 688
-
pensions
5 730
-
7 429
-
accident
588
-
763
-
unemployment
863
-
1 119
-
total
7 181
-
9 311
-
Corporate
12 582
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.

11 324
49 500
-
-
total
11 324
49 500
-
-
Dividends
1 258
5 500
-
-
withholding
239
1 045
-
-
total
239
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 581
50 545
25 954
16 953
After tax
23 419
4 455
29 046
38 047
Living cost
22 400
22 400
22 400
22 400
Free-cash
1 019
-17 945
6 646
15 647

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44110
₽35860
₽46310
₽42583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
55 000
-
income
2 035
-
11 000
-
total
2 035
-
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%.

44 826
55 000
-
-
total
-
-
-
-
Dividends
44 826
55 000
-
-
withholding
2 242
2 750
-
-
total
2 242
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 277
2 750
11 000
550
After tax
50 723
52 250
44 000
54 450
Living cost
8 140
8 140
8 140
8 140
Free-cash
42 583
44 110
35 860
46 310

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13608
₽5442
₽2983
₽6814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 985
other
-
-
-
2 613
health
-
-
-
2 420
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.

-
-
-
13 200
total
-
-
-
25 218
Employee
36 518
-
43 928
-
unemployment
365
-
439
-
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.

2 556
-
3 075
-
income
6 287
-
7 562
-
health
512
-
615
-
total
9 720
-
11 691
-
Employer
36 518
-
43 928
-
health
512
-
615
-
pensions

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

6 209
-
7 466
-
accident
292
-
351
-
unemployment
365
-
439
-
other
1 827
-
2 197
-
total
9 205
-
11 068
-
Corporate
9 279
55 000
-
-
income
1 949
11 551
-
-
total
1 949
11 551
-
-
Dividends
7 330
43 449
-
-
withholding
513
3 042
-
-
total
513
3 042
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 387
14 593
22 759
25 218
After tax
33 613
40 407
32 241
29 782
Living cost
26 799
26 799
26 799
26 799
Free-cash
6 814
13 608
5 442
2 983

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽25650
-₽30966
-₽25482
-₽52562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 343
pensions
-
-
-
3 280
total
-
-
-
13 623
Employee
94 595
-
49 166
-
pensions
9 126
-
3 675
-
income
17 052
-
8 972
-
health
1 559
-
627
-
total
27 737
-
13 274
-
Employer
94 595
-
49 166
-
health
1 797
-
934
-
pensions
11 169
-
4 899
-
total
12 966
-
5 833
-
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.

-
10 449
-
-
total
-
10 449
-
-
Dividends
-
44 551
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
40 703
13 791
19 107
13 623
After tax
14 297
41 209
35 893
41 377
Living cost
66 859
66 859
66 859
66 859
Free-cash
-52 562
-25 650
-30 966
-25 482

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33820
₽24989
₽24152
₽29141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 250
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
17 643
Employee
17 485
-
48 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
4 810
-
health
804
-
1 618
-
total
4 280
-
9 904
-
Employer
17 485
-
48 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
34 084
55 000
-
-
income
3 408
5 500
-
-
total
3 408
5 500
-
-
Dividends
30 676
49 500
-
-
withholding
1 534
2 475
-
-
total
1 534
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 654
7 975
16 806
17 643
After tax
42 346
47 025
38 194
37 357
Living cost
13 205
13 205
13 205
13 205
Free-cash
29 141
33 820
24 989
24 152

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52865
-₽58511
-₽24297
-₽54571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 183
health
-
-
-
8 444
pensions
-
-
-
9 900
total
-
-
-
23 527
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
53 801
52 095
57 741
23 527
After tax
1 199
2 905
-2 741
31 473
Living cost
55 770
55 770
55 770
55 770
Free-cash
-54 571
-52 865
-58 511
-24 297

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽12875
₽2918
₽1795
₽3957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 727
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
health
-
-
-
7 425
total
-
-
-
28 212
Employee
36 754
-
41 045
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
2 668
-
income
4 411
-
4 925
-
health
4 962
-
5 541
-
total
11 762
-
13 134
-
Employer
36 754
-
41 045
-
health
3 308
-
3 694
-
social contributions
9 189
-
10 261
-
total
12 497
-
13 955
-
Corporate
5 749
55 000
-
-
income
1 092
10 450
-
-
total
1 092
10 450
-
-
Dividends
4 657
44 550
-
-
withholding
699
6 682
-
-
total
699
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
26 050
17 132
27 089
28 212
After tax
28 950
37 868
27 911
26 788
Living cost
24 993
24 993
24 993
24 993
Free-cash
3 957
12 875
2 918
1 795

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13094
-₽15450
-₽12342
-₽34384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
regional
-
-
-
545
municipal
-
-
-
326
national
-
-
-
9 885
total
-
-
-
24 903
Employee
89 385
-
55 000
-
municipal
473
-
292
-
national
15 488
-
8 697
-
regional
843
-
476
-
social contributions
30 141
-
18 546
-
total
46 945
-
28 011
-
Employer
89 385
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
municipal
-
2 145
-
-
nationa
-
13 200
-
-
total
-
15 345
-
-
Dividends
-
39 655
-
-
withholding
-
10 310
-
-
total
-
10 310
-
-
Income
55 000
55 000
55 000
55 000
Total tax
46 945
25 655
28 011
24 903
After tax
8 055
29 345
26 989
30 097
Living cost
42 439
42 439
42 439
42 439
Free-cash
-34 384
-13 094
-15 450
-12 342

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12402
₽7937
₽9127
₽9271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 127
other
-
-
-
-
surtax
-
-
-
420
unemployment
-
-
-
229
health
-
-
-
3 905
pensions
-
-
-
10 999
total
-
-
-
23 680
Employee
33 259
-
45 434
-
other
-
-
-
-
unemployment
2 315
-
3 163
-
pensions
2 218
-
3 031
-
surtax
109
-
334
-
income
5 575
-
7 617
-
health
849
-
1 159
-
total
11 066
-
15 304
-
Employer
33 259
-
45 434
-
health
1 514
-
2 069
-
pensions
4 434
-
6 056
-
unemployment
1 054
-
1 441
-
other
-
-
-
-
total
7 002
-
9 566
-
Corporate
14 740
55 000
-
-
income
3 832
14 299
-
-
total
3 832
14 299
-
-
Dividends
10 907
40 701
-
-
withholding
1 636
6 106
-
-
total
1 636
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 536
20 405
24 870
23 680
After tax
31 464
34 595
30 130
31 320
Living cost
22 193
22 193
22 193
22 193
Free-cash
9 271
12 402
7 937
9 127

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4467
-₽9783
-₽4299
-₽16462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 343
pensions
-
-
-
3 280
total
-
-
-
13 623
Employee
63 395
-
49 166
-
pensions
5 381
-
3 675
-
income
11 418
-
8 972
-
health
920
-
627
-
total
17 719
-
13 274
-
Employer
63 395
-
49 166
-
health
1 204
-
934
-
pensions
6 863
-
4 899
-
total
8 067
-
5 833
-
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.

-
10 449
-
-
total
-
10 449
-
-
Dividends
-
44 551
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 786
13 791
19 107
13 623
After tax
29 214
41 209
35 893
41 377
Living cost
45 676
45 676
45 676
45 676
Free-cash
-16 462
-4 467
-9 783
-4 299

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
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.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54596
-₽35887
-₽32995
-₽47213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 106
health
-
-
-
260
city
-
-
-
578
national
-
-
-
145
pensions
-
-
-
5 061
total
-
-
-
8 250
Employee
93 322
-
49 185
-
unemployment
-
-
-
-
pensions
7 840
-
4 180
-
national
442
-
113
-
regional
3 056
-
936
-
city
1 002
-
528
-
health
211
-
111
-
total
12 551
-
5 868
-
Employer
93 322
-
49 185
-
health
211
-
111
-
pensions
7 840
-
4 180
-
unemployment
-
-
-
-
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.

1 866
-
983
-
total
9 917
-
5 274
-
Corporate
-
55 000
-
-
regional
-
11 633
-
-
national
-
4 676
-
-
total
-
16 309
-
-
Dividends
-
38 691
-
-
withholding
-
13 542
-
-
total
-
13 542
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 468
29 851
11 142
8 250
After tax
32 532
25 149
43 858
46 750
Living cost
79 745
79 745
79 745
79 745
Free-cash
-47 213
-54 596
-35 887
-32 995

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18701
-₽3760
-₽5172
-₽5444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 512
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.

-
-
-
303
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.

-
-
-
6 871
trade
-
-
-
1 412
total
-
-
-
14 098
Employee

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

60 444
-
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.

391
-
303
-
income

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

7 108
-
5 512
-
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.

6 871
-
6 871
-
total
14 370
-
12 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
8 251
-
-
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
-
-
chamber of commerce
-
231
-
-
trade
-
9 432
-
-
total
-
18 368
-
-
Dividends
-
36 632
-
-
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
-
8 776
-
-
total
-
9 259
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 370
27 627
12 686
14 098
After tax
40 630
27 373
42 314
40 902
Living cost
46 074
46 074
46 074
46 074
Free-cash
-5 444
-18 701
-3 760
-5 172

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6691
-₽837
-₽1389
-₽1487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 323
other
-
-
-
1 704
surtax
-
-
-
-
social contributions
-
-
-
1 569
health
-
-
-
477
pensions
-
-
-
15 906
total
-
-
-
21 979
Employee
43 044
-
41 909
-
pensions
4 867
-
4 741
-
surtax
-
-
-
-
social contributions
1 227
-
1 195
-
income
2 540
-
2 403
-
total
8 634
-
8 339
-
Employer
43 044
-
41 909
-
health
3 014
-
2 934
-
pensions
7 071
-
6 884
-
unemployment
1 743
-
1 697
-
social contributions
130
-
126
-
other
1 485
-
1 447
-
total
13 443
-
13 088
-
Corporate
-
55 000
-
-
income
-
15 400
-
-
surtax
-
-
-
-
total
-
15 400
-
-
Dividends
-
39 600
-
-
surtax
-
-
-
-
social contributions
-
6 812
-
-
withholding
-
5 069
-
-
total
-
11 881
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 077
27 281
21 427
21 979
After tax
32 923
27 719
33 573
33 021
Living cost
34 410
34 410
34 410
34 410
Free-cash
-1 487
-6 691
-837
-1 389

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3282
₽2572
₽2020
₽2304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 323
other
-
-
-
1 704
surtax
-
-
-
-
social contributions
-
-
-
1 569
health
-
-
-
477
pensions
-
-
-
15 906
total
-
-
-
21 979
Employee
38 423
-
41 909
-
pensions
4 346
-
4 741
-
surtax
-
-
-
-
social contributions
1 096
-
1 195
-
income
1 981
-
2 403
-
total
7 423
-
8 339
-
Employer
38 423
-
41 909
-
health
2 689
-
2 934
-
pensions
6 314
-
6 884
-
unemployment
1 556
-
1 697
-
social contributions
115
-
126
-
other
1 326
-
1 447
-
total
12 000
-
13 088
-
Corporate
4 577
55 000
-
-
income
1 283
15 400
-
-
surtax
-
-
-
-
total
1 283
15 400
-
-
Dividends
3 295
39 600
-
-
surtax
-
-
-
-
social contributions
567
6 812
-
-
withholding
422
5 069
-
-
total
989
11 881
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 695
27 281
21 427
21 979
After tax
33 305
27 719
33 573
33 021
Living cost
31 001
31 001
31 001
31 001
Free-cash
2 304
-3 282
2 572
2 020

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12228
₽11750
₽13994
₽12750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 251
social contributions
-
-
-
7 590
health
-
-
-
3 838
total
-
-
-
19 679
Employee
34 101
-
55 000
-
social contributions
4 707
-
7 590
-
income
5 688
-
10 495
-
health
2 380
-
3 838
-
total
12 775
-
21 923
-
Employer
34 101
-
55 000
-
total
-
-
-
-
Corporate
20 899
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%.

1 046
2 750
-
-
total
1 046
2 750
-
-
Dividends
19 853
52 250
-
-
social contributions
2 739
7 211
-
-
withholding
2 977
7 837
-
-
health
1 386
3 647
-
-
total
7 102
18 695
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 923
21 445
21 923
19 679
After tax
34 077
33 555
33 077
35 321
Living cost
21 327
21 327
21 327
21 327
Free-cash
12 750
12 228
11 750
13 994

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3952
-₽13789
-₽4780
-₽10879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 372
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
219
health
-
-
-
4 208
pensions
-
-
-
10 175
total
-
-
-
24 341
Employee
50 263
40 080
42 552
-
other
502
401
426
-
unemployment
1 508
1 202
1 277
-
pensions
5 147
4 103
4 357
-
income
5 722
2 956
3 512
-
health
1 945
1 552
1 647
-
total
14 824
10 214
11 219
-
Employer
50 263
40 080
42 552
-
chamber of commerce
200
160
170
-
health
1 899
1 515
1 609
-
pensions
6 308
5 031
5 340
-
accident
653
521
553
-
unemployment
1 508
1 202
1 277
-
surtax
198
198
198
-
payroll
1 508
1 202
1 277
-
other
2 388
1 903
2 023
-
total
14 662
11 732
12 447
-
Corporate
3 817
3 817
38 735
-
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.

954
954
9 684
-
total
954
954
9 684
-
Dividends
-
2 231
-
-
withholding
-
613
-
-
total
-
613
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 440
23 513
33 350
24 341
After tax
24 560
31 487
21 650
30 659
Living cost
35 439
35 439
35 439
35 439
Free-cash
-10 879
-3 952
-13 789
-4 780

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5658
-₽12873
-₽6694
-₽37884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
2 934
social contributions
-
-
-
6 119
national
-
-
-
15 970
total
-
-
-
25 023
Employee

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

71 942
-
42 596
-
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.

626
-
370
-
communal

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

3 752
-
2 222
-
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.

5 396
-
3 195
-
national
22 118
-
11 017
-
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.

3 380
-
2 002
-
total
35 272
-
18 806
-
Employer

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

71 942
-
42 596
-
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.

4 424
-
2 619
-
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.

6 375
-
3 773
-
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.

935
-
553
-
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.

1 050
-
622
-
surtax
8 157
-
4 829
-
total
20 941
-
12 396
-
Corporate
-
55 000
-
-
income
-
10 999
-
-
surtax
-
219
-
-
total
-
11 218
-
-
Dividends
-
43 781
-
-
withholding

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

-
12 769
-
-
total
-
12 769
-
-
Income
55 000
55 000
55 000
55 000
Total tax
56 213
23 987
31 202
25 023
After tax
-1 213
31 013
23 798
29 977
Living cost
36 671
36 671
36 671
36 671
Free-cash
-37 884
-5 658
-12 873
-6 694

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽838
-₽5484
-₽5873
-₽11023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
494
income
-
-
-
8 051
other
-
-
-
55
unemployment
-
-
-
386
pensions
-
-
-
15 565
total
-
-
-
24 551
Employee
50 064
-
41 703
-
other
50
-
42
-
unemployment
777
-
647
-
pensions
2 353
-
1 960
-
income
10 563
-
8 216
-
total
13 743
-
10 865
-
Employer
50 064
-
41 703
-
pensions
11 814
-
9 843
-
accident
991
-
826
-
unemployment
2 754
-
2 294
-
other
399
-
334
-
total
15 958
-
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.

-
8 251
-
-
total
-
8 251
-
-
Dividends
-
46 749
-
-
withholding
-
9 589
-
-
total
-
9 589
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 701
17 840
24 162
24 551
After tax
25 299
37 160
30 838
30 449
Living cost
36 322
36 322
36 322
36 322
Free-cash
-11 023
838
-5 484
-5 873

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
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.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20053
-₽16952
-₽18083
-₽30263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
494
income
-
-
-
2 097
surtax
-
-
-
2 911
health
-
-
-
4 124
pensions
-
-
-
8 801
total
-
-
-
18 427
Employee
76 164
-
49 129
-
pensions
6 092
-
3 930
-
surtax
4 668
-
3 012
-
income
7 357
-
2 298
-
health
3 390
-
2 185
-
total
21 507
-
11 425
-
Employer
76 164
-
49 129
-
health
2 323
-
1 498
-
pensions
6 092
-
3 930
-
accident
685
-
443
-
total
9 100
-
5 871
-
Corporate
-
55 000
-
-
communal
-
3 712
-
-
income
-
8 251
-
-
surtax
-
578
-
-
total
-
12 541
-
-
Dividends
-
42 459
-
-
income
-
1 487
-
-
withholding
-
6 369
-
-
total
-
7 856
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 607
20 397
17 296
18 427
After tax
24 393
34 603
37 704
36 573
Living cost
54 656
54 656
54 656
54 656
Free-cash
-30 263
-20 053
-16 952
-18 083

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12005
₽7540
₽8730
₽8805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 127
other
-
-
-
-
surtax
-
-
-
420
unemployment
-
-
-
229
health
-
-
-
3 905
pensions
-
-
-
10 999
total
-
-
-
23 680
Employee
33 870
-
45 434
-
other
-
-
-
-
unemployment
2 357
-
3 163
-
pensions
2 260
-
3 031
-
surtax
120
-
334
-
income
5 678
-
7 617
-
health
865
-
1 159
-
total
11 280
-
15 304
-
Employer
33 870
-
45 434
-
health
1 540
-
2 069
-
pensions
4 516
-
6 056
-
unemployment
1 075
-
1 441
-
other
-
-
-
-
total
7 131
-
9 566
-
Corporate
13 999
55 000
-
-
income
3 640
14 299
-
-
total
3 640
14 299
-
-
Dividends
10 360
40 701
-
-
withholding
1 554
6 106
-
-
total
1 554
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 605
20 405
24 870
23 680
After tax
31 395
34 595
30 130
31 320
Living cost
22 590
22 590
22 590
22 590
Free-cash
8 805
12 005
7 540
8 730

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1816
-₽368
₽2720
-₽792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
regional
-
-
-
829
municipal
-
-
-
326
national
-
-
-
9 885
total
-
-
-
25 187
Employee
55 790
-
55 000
-
municipal
296
-
292
-
national
8 839
-
8 697
-
regional
751
-
740
-
social contributions
18 813
-
18 546
-
total
28 699
-
28 275
-
Employer
55 790
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
municipal
-
2 733
-
-
nationa
-
13 200
-
-
total
-
15 933
-
-
Dividends
-
39 067
-
-
withholding
-
10 158
-
-
total
-
10 158
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 699
26 091
28 275
25 187
After tax
26 301
28 909
26 725
29 813
Living cost
27 093
27 093
27 093
27 093
Free-cash
-792
1 816
-368
2 720

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7070
-₽2887
-₽4010
-₽5690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 727
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
health
-
-
-
7 425
total
-
-
-
28 212
Employee
45 291
-
41 045
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
2 668
-
income
5 435
-
4 925
-
health
6 114
-
5 541
-
total
14 493
-
13 134
-
Employer
45 291
-
41 045
-
health
4 076
-
3 694
-
social contributions
11 323
-
10 261
-
total
15 399
-
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
29 892
17 132
27 089
28 212
After tax
25 108
37 868
27 911
26 788
Living cost
30 798
30 798
30 798
30 798
Free-cash
-5 690
7 070
-2 887
-4 010

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽457
-₽10394
-₽1230
-₽2571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 372
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
219
health
-
-
-
4 208
pensions
-
-
-
10 175
total
-
-
-
24 143
Employee
43 964
40 080
42 709
-
other
439
401
428
-
unemployment
1 319
1 202
1 281
-
pensions
4 502
4 103
4 373
-
income
3 916
2 956
3 558
-
health
1 701
1 552
1 653
-
total
11 877
10 214
11 293
-
Employer
43 964
40 080
42 709
-
chamber of commerce
176
160
172
-
health
1 662
1 515
1 615
-
pensions
5 518
5 031
5 359
-
accident
571
521
555
-
unemployment
1 319
1 202
1 281
-
surtax
-
-
-
-
payroll
1 319
1 202
1 281
-
other
2 088
1 903
2 029
-
total
12 653
11 534
12 292
-
Corporate
3 817
3 817
38 891
-
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.

954
954
9 722
-
total
954
954
9 722
-
Dividends
-
2 430
-
-
withholding
-
668
-
-
total
-
668
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 484
23 370
33 307
24 143
After tax
29 516
31 630
21 693
30 857
Living cost
32 087
32 087
32 087
32 087
Free-cash
-2 571
-457
-10 394
-1 230

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39566
₽31316
₽41766
₽37188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
55 000
-
income
3 171
-
11 000
-
total
3 171
-
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%.

39 145
55 000
-
-
total
-
-
-
-
Dividends
39 145
55 000
-
-
withholding
1 957
2 750
-
-
total
1 957
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
5 128
2 750
11 000
550
After tax
49 872
52 250
44 000
54 450
Living cost
12 684
12 684
12 684
12 684
Free-cash
37 188
39 566
31 316
41 766

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10892
₽1770
₽3478
₽2480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 008
unemployment
-
-
-
82
health
-
-
-
5 411
pensions
-
-
-
10 045
total
-
-
-
24 546
Employee

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

44 474
-
47 589
-
unemployment
63
-
67
-
pensions
6 894
-
7 377
-
income
7 670
-
8 324
-
health
2 872
-
3 075
-
total
17 499
-
18 843
-
Employer

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

44 474
-
47 589
-
health
2 962
-
3 170
-
pensions
3 936
-
4 212
-
unemployment
27
-
29
-
total
6 925
-
7 411
-
Corporate
3 601
55 000
-
-
income
683
10 450
-
-
total
683
10 450
-
-
Dividends
2 918
44 550
-
-
withholding
437
6 682
-
-
total
437
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 544
17 132
26 254
24 546
After tax
29 456
37 868
28 746
30 454
Living cost
26 976
26 976
26 976
26 976
Free-cash
2 480
10 892
1 770
3 478

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
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.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10541
-₽2419
-₽5994
-₽97057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 721
social contributions
-
-
-
6 270
total
-
-
-
16 991
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
21 538
13 416
16 991
After tax
-53 054
33 462
41 584
38 009
Living cost
44 003
44 003
44 003
44 003
Free-cash
-97 057
-10 541
-2 419
-5 994

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽263
-₽1047
₽305
-₽2243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 035
surtax
-
-
-
-
social contributions

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

-
-
-
19 113
total
-
-
-
23 148
Employee
46 257
-
44 444
-
surtax
-
-
-
-
social contributions
5 088
-
4 888
-
income
9 622
-
9 057
-
total
14 710
-
13 945
-
Employer
46 257
-
44 444
-
social contributions
10 986
-
10 555
-
total
10 986
-
10 555
-
Corporate
-
55 000
-
-
income
-
11 551
-
-
surtax
-
-
-
-
total
-
11 551
-
-
Dividends
-
43 449
-
-
withholding
-
12 165
-
-
total
-
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 696
23 716
24 500
23 148
After tax
29 304
31 284
30 500
31 852
Living cost
31 547
31 547
31 547
31 547
Free-cash
-2 243
-263
-1 047
305

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20857
-₽15003
-₽15555
-₽27665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 323
other
-
-
-
1 704
surtax
-
-
-
-
social contributions
-
-
-
1 569
health
-
-
-
477
pensions
-
-
-
15 906
total
-
-
-
21 979
Employee
62 992
-
41 909
-
pensions
7 125
-
4 741
-
surtax
-
-
-
-
social contributions
1 794
-
1 195
-
income
5 496
-
2 403
-
total
14 415
-
8 339
-
Employer
62 992
-
41 909
-
health
4 409
-
2 934
-
pensions
10 350
-
6 884
-
unemployment
2 552
-
1 697
-
social contributions
189
-
126
-
other
2 174
-
1 447
-
total
19 674
-
13 088
-
Corporate
-
55 000
-
-
income
-
15 400
-
-
surtax
-
-
-
-
total
-
15 400
-
-
Dividends
-
39 600
-
-
surtax
-
-
-
-
social contributions
-
6 812
-
-
withholding
-
5 069
-
-
total
-
11 881
-
-
Income
55 000
55 000
55 000
55 000
Total tax
34 089
27 281
21 427
21 979
After tax
20 911
27 719
33 573
33 021
Living cost
48 576
48 576
48 576
48 576
Free-cash
-27 665
-20 857
-15 003
-15 555

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19267
₽14293
₽12668
₽15890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
32 334
-
47 618
-
income
-
-
-
-
social contributions
2 101
-
3 094
-
total
2 101
-
3 094
-
Employer
32 334
-
47 618
-
social contributions
5 012
-
7 381
-
total
5 012
-
7 381
-
Corporate
17 654
55 000
-
-
income
1 765
5 501
-
-
total
1 765
5 501
-
-
Dividends
15 889
49 499
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
8 878
5 501
10 475
12 100
After tax
46 122
49 499
44 525
42 900
Living cost
30 232
30 232
30 232
30 232
Free-cash
15 890
19 267
14 293
12 668

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽164026
-₽164026
-₽12536
-₽164026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 330
municipal
-
-
-
8 782
national
-
-
-
5 139
pensions
-
-
-
871
total
-
-
-
19 122
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
170 612
170 612
170 612
19 122
After tax
-115 612
-115 612
-115 612
35 878
Living cost
48 414
48 414
48 414
48 414
Free-cash
-164 026
-164 026
-164 026
-12 536

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17615
₽6976
₽15977
₽1069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
9 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
16 953
Employee
34 717
-
45 688
-
pensions
3 909
-
5 144
-
income
4 763
-
6 268
-
health
3 975
-
5 231
-
total
12 647
-
16 643
-
Employer
34 717
-
45 688
-
pensions
5 645
-
7 429
-
accident
580
-
763
-
unemployment
851
-
1 119
-
total
7 076
-
9 311
-
Corporate
13 207
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.

11 887
49 500
-
-
total
11 887
49 500
-
-
Dividends
1 321
5 500
-
-
withholding
251
1 045
-
-
total
251
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 861
50 545
25 954
16 953
After tax
23 139
4 455
29 046
38 047
Living cost
22 070
22 070
22 070
22 070
Free-cash
1 069
-17 615
6 976
15 977

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
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.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽552
-₽4557
₽4406
-₽7898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
428
municipal
-
-
-
9 824
national
-
-
-
1 729
total
-
-
-
11 981
Employee
52 914
-
46 268
-
municipal
8 667
-
7 589
-
unemployment
794
-
695
-
pensions
3 571
-
3 122
-
national
874
-
513
-
health
395
-
292
-
total
14 301
-
12 211
-
Employer
52 914
-
46 268
-
health
407
-
357
-
pensions
9 180
-
8 028
-
accident
53
-
46
-
unemployment
344
-
302
-
total
9 984
-
8 733
-
Corporate
-
55 000
-
-
income
-
10 999
-
-
total
-
10 999
-
-
Dividends

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

-
33 001
-
-
municipal
-
5 940
-
-
national
-
-
-
-
total
-
5 940
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 285
16 939
20 944
11 981
After tax
30 715
38 061
34 056
43 019
Living cost
38 613
38 613
38 613
38 613
Free-cash
-7 898
-552
-4 557
4 406

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8971
₽13673
₽20173
₽11761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 559
social contributions
-
-
-
8 579
health
-
-
-
1 403
total
-
-
-
11 541
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
4 144
-
income
8 421
7 159
7 980
-
health
599
1 315
849
-
total
11 944
14 893
12 973
-
Employer
77 337
77 337
77 337
-
health
651
1 431
924
-
social contributions
2 924
6 419
4 144
-
total
3 575
7 850
5 068
-
Corporate
16 195
-
-
-
income
2 025
-
-
-
total
2 025
-
-
-
Dividends
14 170
-
-
-
withholding
2 409
-
-
-
total
2 409
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 953
22 743
18 041
11 541
After tax
35 047
32 257
36 959
43 459
Living cost
23 286
23 286
23 286
23 286
Free-cash
11 761
8 971
13 673
20 173

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29577
₽18113
₽24378
₽24460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 587
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
14 654
Employee

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

23 085
-
49 864
-
unemployment
115
-
250
-
pensions
3 462
-
7 480
-
income
1 578
-
3 814
-
health
1 962
-
4 239
-
total
7 117
-
15 783
-
Employer

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

23 085
-
49 864
-
health
992
-
2 143
-
pensions
1 269
-
2 743
-
unemployment
115
-
250
-
total
2 376
-
5 136
-
Corporate
29 538
55 000
-
-
income
2 659
4 951
-
-
total
2 659
4 951
-
-
Dividends
26 880
50 049
-
-
withholding
2 420
4 504
-
-
total
2 420
4 504
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 572
9 455
20 919
14 654
After tax
40 428
45 545
34 081
40 346
Living cost
15 968
15 968
15 968
15 968
Free-cash
24 460
29 577
18 113
24 378

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9503
₽3181
₽2792
₽4101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
494
income
-
-
-
8 051
other
-
-
-
55
unemployment
-
-
-
386
pensions
-
-
-
15 565
total
-
-
-
24 551
Employee
37 188
-
41 703
-
other
36
-
42
-
unemployment
576
-
647
-
pensions
1 748
-
1 960
-
income
7 170
-
8 216
-
total
9 530
-
10 865
-
Employer
37 188
-
41 703
-
pensions
8 776
-
9 843
-
accident
737
-
826
-
unemployment
2 046
-
2 294
-
other
298
-
334
-
total
11 857
-
13 297
-
Corporate
5 955
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.

893
8 251
-
-
total
893
8 251
-
-
Dividends
5 062
46 749
-
-
withholding
962
9 589
-
-
total
962
9 589
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 242
17 840
24 162
24 551
After tax
31 758
37 160
30 838
30 449
Living cost
27 657
27 657
27 657
27 657
Free-cash
4 101
9 503
3 181
2 792

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32361
₽32501
₽32640
₽32040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 936
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
20 401
Employee
2 983
-
53 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
17 861
-
health
149
-
357
-
total
1 024
-
18 932
-
Employer
2 983
-
53 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
51 346
55 000
-
-
income
11 296
12 100
-
-
total
11 296
12 100
-
-
Dividends
40 050
42 900
-
-
withholding
8 010
8 580
-
-
total
8 010
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 001
20 680
20 540
20 401
After tax
33 999
34 320
34 460
34 599
Living cost
1 959
1 959
1 959
1 959
Free-cash
32 040
32 361
32 501
32 640

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22344
₽12269
₽9901
₽17395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
6 916
unemployment
-
-
-
825
health
-
-
-
5 665
pensions
-
-
-
14 300
total
-
-
-
27 706
Employee

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

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

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

26 227
-
46 650
-
unemployment
197
-
350
-
pensions
3 672
-
6 531
-
income
3 615
-
7 705
-
health
1 351
-
2 402
-
total
8 835
-
16 988
-
Employer

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

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

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

26 227
-
46 650
-
health
1 351
-
2 402
-
pensions
3 147
-
5 598
-
unemployment
197
-
350
-
total
4 695
-
8 350
-
Corporate
24 078
55 000
-
-
income
3 612
8 250
-
-
total
3 612
8 250
-
-
Dividends
20 466
46 750
-
-
withholding
3 070
7 013
-
-
total
3 070
7 013
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 212
15 263
25 338
27 706
After tax
34 788
39 737
29 662
27 294
Living cost
17 393
17 393
17 393
17 393
Free-cash
17 395
22 344
12 269
9 901

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4170
₽3386
₽4738
₽3807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 035
surtax
-
-
-
-
social contributions

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

-
-
-
19 113
total
-
-
-
23 148
Employee
39 035
-
44 444
-
surtax
-
-
-
-
social contributions
4 294
-
4 888
-
income
7 627
-
9 057
-
total
11 921
-
13 945
-
Employer
39 035
-
44 444
-
social contributions
9 270
-
10 555
-
total
9 270
-
10 555
-
Corporate
6 695
55 000
-
-
income
1 407
11 551
-
-
surtax
-
-
-
-
total
1 407
11 551
-
-
Dividends
5 288
43 449
-
-
withholding
1 481
12 165
-
-
total
1 481
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 079
23 716
24 500
23 148
After tax
30 921
31 284
30 500
31 852
Living cost
27 114
27 114
27 114
27 114
Free-cash
3 807
4 170
3 386
4 738

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1814
-₽4508
-₽4897
-₽9060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
494
income
-
-
-
8 051
other
-
-
-
55
unemployment
-
-
-
386
pensions
-
-
-
15 565
total
-
-
-
24 551
Employee
48 573
-
41 703
-
other
48
-
42
-
unemployment
752
-
647
-
pensions
2 283
-
1 960
-
income
10 145
-
8 216
-
total
13 228
-
10 865
-
Employer
48 573
-
41 703
-
pensions
11 463
-
9 843
-
accident
962
-
826
-
unemployment
2 672
-
2 294
-
other
389
-
334
-
total
15 486
-
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.

-
8 251
-
-
total
-
8 251
-
-
Dividends
-
46 749
-
-
withholding
-
9 589
-
-
total
-
9 589
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 714
17 840
24 162
24 551
After tax
26 286
37 160
30 838
30 449
Living cost
35 346
35 346
35 346
35 346
Free-cash
-9 060
1 814
-4 508
-4 897

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29700
₽20869
₽20032
₽23563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 250
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
17 643
Employee
22 941
-
48 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
4 810
-
health
1 055
-
1 618
-
total
5 615
-
9 904
-
Employer
22 941
-
48 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
27 558
55 000
-
-
income
2 756
5 500
-
-
total
2 756
5 500
-
-
Dividends
24 803
49 500
-
-
withholding
1 240
2 475
-
-
total
1 240
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 112
7 975
16 806
17 643
After tax
40 888
47 025
38 194
37 357
Living cost
17 325
17 325
17 325
17 325
Free-cash
23 563
29 700
20 869
20 032

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10324
₽3485
₽2304
₽2834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
5 512
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.

-
-
-
303
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.

-
-
-
6 871
trade
-
-
-
1 181
total
-
-
-
13 867
Employee

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

50 042
-
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.

227
-
303
-
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.

4 115
-
5 512
-
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.

6 871
-
6 871
-
total
11 213
-
12 686
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 958
55 000
-
-
income
744
8 251
-
-
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.

40
454
-
-
chamber of commerce
160
233
-
-
trade
712
7 892
-
-
total
1 656
16 830
-
-
Dividends
3 301
38 170
-
-
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.

25
504
-
-
withholding
443
9 161
-
-
total
468
9 665
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 337
26 495
12 686
13 867
After tax
41 663
28 505
42 314
41 133
Living cost
38 829
38 829
38 829
38 829
Free-cash
2 834
-10 324
3 485
2 304

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18792
-₽14075
-₽14075
-₽23673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 850
social contributions
-
-
-
3 933
total
-
-
-
11 783
Employee
78 672
-
55 000
-
income
14 845
-
7 850
-
social contributions
6 536
-
3 933
-
total
21 381
-
11 783
-
Employer
78 672
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
6 875
-
-
total
-
6 875
-
-
Dividends
-
48 125
-
-
withholding
-
9 625
-
-
total
-
9 625
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 381
16 500
11 783
11 783
After tax
33 619
38 500
43 217
43 217
Living cost
57 292
57 292
57 292
57 292
Free-cash
-23 673
-18 792
-14 075
-14 075

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6073
₽3175
-₽16215
-₽246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
50 374
-
income
5 006
-
6 064
-
social contributions
4 623
-
4 626
-
total
9 629
-
10 690
-
Employer
46 138
-
50 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
4 240
55 000
-
-
income
1 483
19 250
-
-
total
1 483
19 250
-
-
Dividends
2 757
35 750
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 737
24 564
15 316
34 706
After tax
36 263
30 436
39 684
20 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
-246
-6 073
3 175
-16 215

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4076
-₽1240
₽4244
-₽2089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 343
pensions
-
-
-
3 280
total
-
-
-
13 623
Employee
50 971
-
49 166
-
pensions
3 890
-
3 675
-
income
9 282
-
8 972
-
health
665
-
627
-
total
13 837
-
13 274
-
Employer
50 971
-
49 166
-
health
969
-
934
-
pensions
5 150
-
4 899
-
total
6 119
-
5 833
-
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.

-
10 449
-
-
total
-
10 449
-
-
Dividends
-
44 551
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 956
13 791
19 107
13 623
After tax
35 044
41 209
35 893
41 377
Living cost
37 133
37 133
37 133
37 133
Free-cash
-2 089
4 076
-1 240
4 244

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19800
₽4791
₽13792
₽735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
9 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
16 953
Employee
38 154
-
45 688
-
pensions
4 296
-
5 144
-
income
5 234
-
6 268
-
health
4 368
-
5 231
-
total
13 898
-
16 643
-
Employer
38 154
-
45 688
-
pensions
6 204
-
7 429
-
accident
637
-
763
-
unemployment
935
-
1 119
-
total
7 776
-
9 311
-
Corporate
9 071
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.

8 164
49 500
-
-
total
8 164
49 500
-
-
Dividends
907
5 500
-
-
withholding
172
1 045
-
-
total
172
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 010
50 545
25 954
16 953
After tax
24 990
4 455
29 046
38 047
Living cost
24 255
24 255
24 255
24 255
Free-cash
735
-19 800
4 791
13 792

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33161
₽19066
₽19066
₽28269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 220
unemployment
-
-
-
660
work injury
-
-
-
275
health insurance
-
-
-
4 070
pensions
-
-
-
10 120
total
-
-
-
22 345
Employee

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

21 742
-
55 000
-
health insurance
1 609
-
4 070
-
unemployment
261
-
660
-
work injury
109
-
275
-
pensions
4 000
-
10 120
-
income
2 174
-
7 220
-
total
8 153
-
22 345
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 258
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
33 258
55 000
-
-
withholding
4 989
8 250
-
-
total
4 989
8 250
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 142
8 250
22 345
22 345
After tax
41 858
46 750
32 655
32 655
Living cost
13 589
13 589
13 589
13 589
Free-cash
28 269
33 161
19 066
19 066

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
-₽11097
-₽13347
-₽10296
-₽29752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
regional
-
-
-
829
municipal
-
-
-
368
national
-
-
-
9 885
total
-
-
-
25 229
Employee
84 751
-
55 000
-
municipal
506
-
328
-
national
14 322
-
8 697
-
regional
1 280
-
709
-
social contributions
28 577
-
18 546
-
total
44 685
-
28 280
-
Employer
84 751
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
municipal
-
2 651
-
-
nationa
-
13 200
-
-
total
-
15 851
-
-
Dividends
-
39 149
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
55 000
55 000
55 000
55 000
Total tax
44 685
26 030
28 280
25 229
After tax
10 315
28 970
26 720
29 771
Living cost
40 067
40 067
40 067
40 067
Free-cash
-29 752
-11 097
-13 347
-10 296

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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