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
₽11618
-₽824
₽9675
₽13331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 713
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.

-
-
-
6 484
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.

-
-
-
335
income

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

-
-
-
6 102
total
-
-
-
14 634
Employee

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

36 302
-
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.

56
-
335
-
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.

1 014
-
6 102
-
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.

6 484
-
6 484
-
total
7 554
-
12 921
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 698
55 000
-
-
trade
2 945
8 662
-
-
income
2 804
8 249
-
-
chamber of commerce
171
223
-
-
surtax

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

155
454
-
-
total
6 075
17 588
-
-
Dividends
12 623
37 412
-
-
withholding
2 795
8 993
-
-
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.

153
495
-
-
total
2 948
9 488
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 577
27 076
12 921
14 634
After tax
38 423
27 924
42 079
40 366
Living cost
28 748
28 748
28 748
28 748
Free-cash
9 675
-824
13 331
11 618

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15856
-₽16157
-₽30350
-₽15424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 173
pensions
-
-
-
6 600
social contributions
-
-
-
591
national
-
-
-
8 015
total
-
-
-
20 379
Employee
78 248
-
47 547
-
municipal
9 665
-
5 385
-
national
14 977
-
8 345
-
pensions
3 130
-
1 902
-
total
27 772
-
15 632
-
Employer
78 248
-
47 547
-
pensions
6 260
-
3 804
-
social contributions
841
-
511
-
total
7 101
-
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
34 873
20 680
19 947
20 379
After tax
20 127
34 320
35 053
34 621
Living cost
50 477
50 477
50 477
50 477
Free-cash
-30 350
-16 157
-15 424
-15 856

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24017
₽24255
₽16469
₽11710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 988
income
-
-
-
-
microenterprise
-
-
-
8 249
total
-
-
-
11 237
Employee
27 734
-
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.

3 051
-
4 876
-
surtax
-
-
-
-
income
4 937
-
7 991
-
total
7 988
-
12 867
-
Employer
27 734
-
44 323
-
surtax
-
-
-
-
social contributions

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

6 680
-
10 677
-
total
6 680
-
10 677
-
Corporate
20 586
55 000
-
-
income

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

4 117
10 999
-
-
total
4 117
10 999
-
-
Dividends

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

16 469
44 001
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 785
10 999
23 544
11 237
After tax
36 215
44 001
31 456
43 763
Living cost
19 746
19 746
19 746
19 746
Free-cash
16 469
24 255
11 710
24 017

Estimated living cost  is ₽19746 per week

₽12597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8320
-₽33922
-₽39249
-₽39249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 901
health
-
-
-
8 444
income
-
-
-
5 215
total
-
-
-
23 560
Employee
81 051
81 051
81 051
-
pensions
14 589
11 120
14 589
-
income

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

13 267
13 267
13 267
-
health
12 440
10 582
12 440
-
total
40 296
34 969
40 296
-
Employer
81 051
81 051
81 051
-
pensions
5 641
5 641
5 641
-
unemployment
2 918
2 918
2 918
-
health
5 634
5 634
5 634
-
total
14 193
14 193
14 193
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
54 489
49 162
54 489
23 560
After tax
511
5 838
511
31 440
Living cost
39 760
39 760
39 760
39 760
Free-cash
-39 249
-33 922
-39 249
-8 320

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11720
-₽9107
-₽18289
-₽9767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 650
pensions
-
-
-
5 945
health
-
-
-
3 432
other
-
-
-
6 391
unemployment
-
-
-
55
accident
-
-
-
110
national
-
-
-
-
total
-
-
-
27 583
Employee
55 766
-
41 851
-
municipal
16 630
-
12 480
-
national
-
-
-
-
total
16 630
-
12 480
-
Employer
55 766
-
41 851
-
pensions
6 028
-
4 524
-
other
6 480
-
4 863
-
unemployment
1 472
-
1 105
-
accident
112
-
84
-
health
3 430
-
2 574
-
total
17 522
-
13 150
-
Corporate
-
55 000
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends
-
42 900
-
-
withholding
-
12 870
-
-
total
-
12 870
-
-
Income
55 000
55 000
55 000
55 000
Total tax
34 152
24 970
25 630
27 583
After tax
20 848
30 030
29 370
27 417
Living cost
39 137
39 137
39 137
39 137
Free-cash
-18 289
-9 107
-9 767
-11 720

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3005
-₽9643
₽3696
₽4794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 789
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.

-
-
-
6 484
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.

-
-
-
335
income

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

-
-
-
6 102
total
-
-
-
14 710
Employee

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

48 132
-
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
-
335
-
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.

4 135
-
6 102
-
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.

6 484
-
6 484
-
total
10 846
-
12 921
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 868
55 000
-
-
trade
1 129
9 047
-
-
income
1 030
8 249
-
-
chamber of commerce
153
222
-
-
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.

56
454
-
-
total
2 368
17 972
-
-
Dividends
4 500
37 028
-
-
withholding
764
8 896
-
-
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.

41
490
-
-
total
805
9 386
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 019
27 358
12 921
14 710
After tax
40 981
27 642
42 079
40 290
Living cost
37 285
37 285
37 285
37 285
Free-cash
3 696
-9 643
4 794
3 005

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12252
₽2753
₽5768
₽6707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
1 403
social contributions
-
-
-
8 581
income
-
-
-
1 979
total
-
-
-
11 963
Employee
72 983
72 983
72 983
-
social contributions
3 546
6 057
4 144
-
income
7 664
6 756
7 448
-
health
726
1 241
848
-
total
11 936
14 054
12 440
-
Employer
72 983
72 983
72 983
-
social contributions
3 546
6 057
4 144
-
health
791
1 351
924
-
total
4 337
7 408
5 068
-
Corporate
7 942
-
-
-
income
992
-
-
-
total
992
-
-
-
Dividends
6 950
-
-
-
withholding
1 182
-
-
-
total
1 182
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 447
21 462
17 508
11 963
After tax
36 553
33 538
37 492
43 037
Living cost
30 785
30 785
30 785
30 785
Free-cash
5 768
2 753
6 707
12 252

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20663
₽13696
₽14060
₽14445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 500
health
-
-
-
3 850
unemployment
-
-
-
825
income
-
-
-
6 724
total
-
-
-
16 899
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
46 025
-
pensions
2 517
1 002
4 603
-
unemployment
378
150
690
-
income
3 077
1 225
5 627
-
health
1 762
701
3 222
-
total
7 734
3 078
14 142
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
46 025
-
pensions
4 909
1 954
8 975
-
total
4 909
1 954
8 975
-
Corporate
24 919
43 028
-
-
income
2 243
3 873
-
-
total
2 243
3 873
-
-
Dividends
22 676
39 156
-
-
withholding
4 309
7 440
-
-
social contributions
4 307
7 521
-
-
total
8 616
14 961
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 502
23 866
23 117
16 899
After tax
31 498
31 134
31 883
38 101
Living cost
17 438
17 438
17 438
17 438
Free-cash
14 060
13 696
14 445
20 663

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7505
₽21076
₽15179
₽9417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 999
health
-
-
-
7 150
income
-
-
-
6 421
total
-
-
-
24 570
Employee
26 925
-
41 104
-
pensions
539
-
821
-
unemployment
430
-
657
-
income
3 031
-
7 286
-
total
4 000
-
8 764
-
Employer
26 925
-
41 104
-
pensions
5 385
-
8 220
-
unemployment
216
-
330
-
health
3 500
-
5 344
-
total
9 101
-
13 894
-
Corporate
18 974
55 000
-
-
income
3 795
10 999
-
-
total
3 795
10 999
-
-
Dividends
15 179
44 001
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 896
10 999
22 658
24 570
After tax
38 104
44 001
32 342
30 430
Living cost
22 925
22 925
22 925
22 925
Free-cash
15 179
21 076
9 417
7 505

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16810
-₽16747
₽1203
₽7843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
10 276
total
-
-
-
16 988
Employee
33 352
-
45 688
-
pensions
3 755
-
5 145
-
income
4 576
-
6 268
-
health
3 819
-
5 231
-
total
12 150
-
16 644
-
Employer
33 352
-
45 688
-
pensions
5 423
-
7 429
-
unemployment
817
-
1 119
-
accident
557
-
763
-
total
6 797
-
9 311
-
Corporate
14 851
55 000
-
-
income

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

13 366
49 500
-
-
total
13 366
49 500
-
-
Dividends
1 485
5 500
-
-
withholding
282
1 045
-
-
total
282
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 595
50 545
25 955
16 988
After tax
22 405
4 455
29 045
38 012
Living cost
21 202
21 202
21 202
21 202
Free-cash
1 203
-16 747
7 843
16 810

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46685
₽44485
₽43029
₽36235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
9 706
-
55 000
-
income
1 941
-
11 000
-
total
1 941
-
11 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

45 294
55 000
-
-
total
-
-
-
-
Dividends
45 294
55 000
-
-
withholding
2 265
2 750
-
-
total
2 265
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 206
2 750
11 000
550
After tax
50 794
52 250
44 000
54 450
Living cost
7 765
7 765
7 765
7 765
Free-cash
43 029
44 485
36 235
46 685

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4490
₽15117
₽8707
₽6951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
2 421
other
-
-
-
2 612
income
-
-
-
6 987
total
-
-
-
25 220
Employee
34 461
-
43 928
-
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.

2 412
-
3 076
-
unemployment
344
-
439
-
income
5 933
-
7 561
-
health
483
-
614
-
total
9 172
-
11 690
-
Employer
34 461
-
43 928
-
pensions

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

5 859
-
7 469
-
other
1 724
-
2 196
-
unemployment
344
-
439
-
accident
276
-
351
-
health
483
-
614
-
total
8 686
-
11 069
-
Corporate
11 854
55 000
-
-
income
2 489
11 551
-
-
total
2 489
11 551
-
-
Dividends
9 364
43 449
-
-
withholding
656
3 042
-
-
total
656
3 042
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 003
14 593
22 759
25 220
After tax
33 997
40 407
32 241
29 780
Living cost
25 290
25 290
25 290
25 290
Free-cash
8 707
15 117
6 951
4 490

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21463
-₽21548
-₽45960
-₽27059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 383
income
-
-
-
10 324
total
-
-
-
13 707
Employee
88 790
-
49 067
-
pensions
8 566
-
3 798
-
income
16 005
-
8 923
-
health
1 463
-
649
-
total
26 034
-
13 370
-
Employer
88 790
-
49 067
-
pensions
10 484
-
5 001
-
health
1 686
-
932
-
total
12 170
-
5 933
-
Corporate
-
55 000
-
-
income

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

-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
38 204
13 792
19 303
13 707
After tax
16 796
41 208
35 697
41 293
Living cost
62 756
62 756
62 756
62 756
Free-cash
-45 960
-21 548
-27 059
-21 463

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25466
₽34588
₽30182
₽26416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
8 250
total
-
-
-
17 097
Employee
16 468
-
48 499
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
4 850
-
health
757
-
1 524
-
total
4 031
-
9 647
-
Employer
16 468
-
48 499
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
35 300
55 000
-
-
income
3 530
5 500
-
-
total
3 530
5 500
-
-
Dividends
31 770
49 500
-
-
withholding
1 589
2 475
-
-
total
1 589
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 381
7 975
16 147
17 097
After tax
42 619
47 025
38 853
37 903
Living cost
12 437
12 437
12 437
12 437
Free-cash
30 182
34 588
26 416
25 466

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21190
-₽46792
-₽48402
-₽52119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 901
health
-
-
-
8 444
income
-
-
-
5 215
total
-
-
-
23 560
Employee
87 995
81 051
81 051
-
pensions
11 120
11 120
14 589
-
income

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

13 267
13 267
13 267
-
health
10 978
10 582
12 440
-
total
35 365
34 969
40 296
-
Employer
87 995
81 051
81 051
-
pensions
6 124
5 641
5 641
-
unemployment
3 168
2 918
2 918
-
health
6 115
5 634
5 634
-
total
15 407
14 193
14 193
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
50 772
49 162
54 489
23 560
After tax
4 228
5 838
511
31 440
Living cost
52 630
52 630
52 630
52 630
Free-cash
-48 402
-46 792
-52 119
-21 190

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3207
₽14286
₽5874
₽4330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
7 425
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
income
-
-
-
4 727
total
-
-
-
28 212
Employee
34 678
-
41 045
-
social contributions
2 254
-
2 668
-
income
4 161
-
4 925
-
solidarity contribution
-
-
-
-
health
4 682
-
5 541
-
total
11 097
-
13 134
-
Employer
34 678
-
41 045
-
social contributions
8 669
-
10 261
-
health
3 121
-
3 694
-
total
11 790
-
13 955
-
Corporate
8 532
55 000
-
-
income
1 621
10 450
-
-
total
1 621
10 450
-
-
Dividends
6 911
44 550
-
-
withholding
1 037
6 683
-
-
total
1 037
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 545
17 133
27 089
28 212
After tax
29 455
37 867
27 911
26 788
Living cost
23 581
23 581
23 581
23 581
Free-cash
5 874
14 286
4 330
3 207

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10020
-₽10704
-₽29351
-₽13131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
326
regional
-
-
-
550
social contributions
-
-
-
14 146
national
-
-
-
9 949
total
-
-
-
24 971
Employee
84 352
-
55 000
-
social contributions
28 443
-
18 546
-
municipal
447
-
292
-
regional
796
-
482
-
national
14 616
-
8 762
-
total
44 302
-
28 082
-
Employer
84 352
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 200
-
-
municipal
-
2 145
-
-
total
-
15 345
-
-
Dividends
-
39 654
-
-
withholding
-
10 310
-
-
total
-
10 310
-
-
Income
55 000
55 000
55 000
55 000
Total tax
44 302
25 655
28 082
24 971
After tax
10 698
29 345
26 918
30 029
Living cost
40 049
40 049
40 049
40 049
Free-cash
-29 351
-10 704
-13 131
-10 020

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10103
₽13651
₽10696
₽8916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 999
health
-
-
-
3 905
surtax
-
-
-
510
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
8 323
total
-
-
-
23 953
Employee
31 387
-
45 434
-
surtax
103
-
420
-
pensions
2 093
-
3 031
-
other
-
-
-
-
unemployment
2 185
-
3 163
-
income
5 261
-
7 802
-
health
802
-
1 158
-
total
10 444
-
15 574
-
Employer
31 387
-
45 434
-
pensions
4 184
-
6 057
-
other
-
-
-
-
unemployment
994
-
1 441
-
health
1 428
-
2 068
-
total
6 606
-
9 566
-
Corporate
17 007
55 000
-
-
income
4 422
14 299
-
-
total
4 422
14 299
-
-
Dividends
12 585
40 701
-
-
withholding
1 888
6 106
-
-
total
1 888
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 360
20 405
25 140
23 953
After tax
31 640
34 595
29 860
31 047
Living cost
20 944
20 944
20 944
20 944
Free-cash
10 696
13 651
8 916
10 103

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1580
-₽1665
-₽12076
-₽7176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 383
income
-
-
-
10 324
total
-
-
-
13 707
Employee
59 505
-
49 067
-
pensions
5 051
-
3 798
-
income
10 717
-
8 923
-
health
864
-
649
-
total
16 632
-
13 370
-
Employer
59 505
-
49 067
-
pensions
6 441
-
5 001
-
health
1 130
-
932
-
total
7 571
-
5 933
-
Corporate
-
55 000
-
-
income

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

-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 203
13 792
19 303
13 707
After tax
30 797
41 208
35 697
41 293
Living cost
42 873
42 873
42 873
42 873
Free-cash
-12 076
-1 665
-7 176
-1 580

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29170
-₽50707
-₽42229
-₽31963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 171
city
-
-
-
579
pensions
-
-
-
5 060
health
-
-
-
247
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.

-
-
-
1 101
national
-
-
-
156
total
-
-
-
8 314
Employee
88 772
-
49 229
-
regional
2 907
-
980
-
national
420
-
125
-
pensions
7 458
-
4 134
-
unemployment
-
-
-
-
city
953
-
528
-
health
201
-
111
-
total
11 939
-
5 878
-
Employer
88 772
-
49 229
-
pensions
7 458
-
4 134
-
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.

1 775
-
984
-
unemployment
-
-
-
-
health
201
-
111
-
total
9 434
-
5 229
-
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
21 373
29 851
11 107
8 314
After tax
33 627
25 149
43 893
46 686
Living cost
75 856
75 856
75 856
75 856
Free-cash
-42 229
-50 707
-31 963
-29 170

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3265
-₽16123
-₽2040
-₽1401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 864
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.

-
-
-
6 484
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.

-
-
-
335
income

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

-
-
-
6 102
total
-
-
-
14 785
Employee

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

57 040
-
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.

369
-
335
-
income

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

6 707
-
6 102
-
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.

6 484
-
6 484
-
total
13 560
-
12 921
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 000
-
-
trade
-
9 433
-
-
income
-
8 249
-
-
chamber of commerce
-
222
-
-
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
-
-
total
-
18 358
-
-
Dividends
-
36 643
-
-
withholding
-
8 800
-
-
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.

-
485
-
-
total
-
9 285
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 560
27 643
12 921
14 785
After tax
41 440
27 357
42 079
40 215
Living cost
43 480
43 480
43 480
43 480
Free-cash
-2 040
-16 123
-1 401
-3 265

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽474
-₽4752
₽856
₽952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 818
health
-
-
-
477
surtax
-
-
-
-
other
-
-
-
1 706
social contributions
-
-
-
1 567
income
-
-
-
2 486
total
-
-
-
22 054
Employee
40 621
-
41 911
-
social contributions
1 158
-
1 194
-
surtax
-
-
-
-
pensions
4 593
-
4 741
-
income
2 397
-
2 552
-
total
8 148
-
8 487
-
Employer
40 621
-
41 911
-
pensions
6 673
-
6 886
-
social contributions
122
-
126
-
other
1 401
-
1 446
-
unemployment
1 644
-
1 697
-
health
2 844
-
2 934
-
total
12 684
-
13 089
-
Corporate
1 694
55 000
-
-
income
474
15 400
-
-
surtax
-
-
-
-
total
474
15 400
-
-
Dividends
1 220
39 600
-
-
withholding
157
5 068
-
-
surtax
-
-
-
-
social contributions
209
6 812
-
-
total
366
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 672
27 280
21 576
22 054
After tax
33 328
27 720
33 424
32 946
Living cost
32 472
32 472
32 472
32 472
Free-cash
856
-4 752
952
474

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3691
-₽1535
₽3737
₽4169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 818
health
-
-
-
477
surtax
-
-
-
-
other
-
-
-
1 706
social contributions
-
-
-
1 567
income
-
-
-
2 486
total
-
-
-
22 054
Employee
36 260
-
41 911
-
social contributions
1 034
-
1 194
-
surtax
-
-
-
-
pensions
4 101
-
4 741
-
income
1 870
-
2 552
-
total
7 005
-
8 487
-
Employer
36 260
-
41 911
-
pensions
5 958
-
6 886
-
social contributions
108
-
126
-
other
1 252
-
1 446
-
unemployment
1 468
-
1 697
-
health
2 538
-
2 934
-
total
11 324
-
13 089
-
Corporate
7 417
55 000
-
-
income
2 077
15 400
-
-
surtax
-
-
-
-
total
2 077
15 400
-
-
Dividends
5 340
39 600
-
-
withholding
683
5 068
-
-
surtax
-
-
-
-
social contributions
919
6 812
-
-
total
1 602
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 008
27 280
21 576
22 054
After tax
32 992
27 720
33 424
32 946
Living cost
29 255
29 255
29 255
29 255
Free-cash
3 737
-1 535
4 169
3 691

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15197
₽13430
₽13923
₽12830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
3 838
social contributions
-
-
-
7 590
income
-
-
-
8 249
total
-
-
-
19 677
Employee
32 181
-
55 000
-
social contributions
4 442
-
7 590
-
income
5 367
-
10 616
-
health
2 246
-
3 838
-
total
12 055
-
22 044
-
Employer
32 181
-
55 000
-
total
-
-
-
-
Corporate
22 819
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%.

1 140
2 750
-
-
total
1 140
2 750
-
-
Dividends
21 679
52 250
-
-
withholding
3 251
7 837
-
-
social contributions
2 992
7 210
-
-
health
1 513
3 647
-
-
total
7 756
18 694
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 951
21 444
22 044
19 677
After tax
34 049
33 556
32 956
35 323
Living cost
20 126
20 126
20 126
20 126
Free-cash
13 923
13 430
12 830
15 197

Estimated living cost  is ₽20126 per week

₽13469
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.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3037
-₽1941
-₽7170
-₽12332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 175
health
-
-
-
4 207
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
3 984
chamber of commerce
-
-
-
220
total
-
-
-
24 594
Employee
47 433
37 824
42 561
-
pensions
4 858
3 872
4 359
-
other
474
378
425
-
unemployment
1 423
1 135
1 277
-
income
5 400
2 790
4 004
-
health
1 835
1 464
1 646
-
total
13 990
9 639
11 711
-
Employer
47 433
37 824
42 561
-
payroll
1 423
1 135
1 277
-
chamber of commerce
189
151
171
-
pensions
5 953
4 748
5 342
-
surtax
187
187
187
-
other
2 253
1 796
2 023
-
unemployment
1 423
1 135
1 277
-
accident
616
492
553
-
health
1 792
1 430
1 608
-
total
13 836
11 074
12 438
-
Corporate
3 602
6 103
38 959
-
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.

901
1 526
9 740
-
total
901
1 526
9 740
-
Dividends
-
4 577
-
-
withholding
-
1 259
-
-
total
-
1 259
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 727
23 498
33 889
24 594
After tax
26 273
31 502
21 111
30 406
Living cost
33 443
33 443
33 443
33 443
Free-cash
-7 170
-1 941
-12 332
-3 037

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5118
-₽3613
-₽32655
-₽11030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
6 425
communal

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

-
-
-
2 914
national
-
-
-
16 173
total
-
-
-
25 512
Employee

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

67 891
-
42 597
-
national
20 872
-
11 231
-
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.

5 092
-
3 195
-
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.

591
-
371
-
communal

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

3 541
-
2 223
-
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.

3 190
-
2 003
-
total
33 286
-
19 023
-
Employer

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

67 891
-
42 597
-
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.

6 016
-
3 773
-
surtax
7 698
-
4 831
-
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.

991
-
621
-
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.

883
-
555
-
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.

4 175
-
2 621
-
total
19 763
-
12 401
-
Corporate
-
55 000
-
-
income
-
10 999
-
-
surtax
-
220
-
-
total
-
11 219
-
-
Dividends
-
43 781
-
-
withholding

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

-
12 788
-
-
total
-
12 788
-
-
Income
55 000
55 000
55 000
55 000
Total tax
53 049
24 007
31 424
25 512
After tax
1 951
30 993
23 576
29 488
Living cost
34 606
34 606
34 606
34 606
Free-cash
-32 655
-3 613
-11 030
-5 118

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4023
₽2872
-₽7305
-₽3629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
385
accident
-
-
-
495
income
-
-
-
8 245
total
-
-
-
24 746
Employee
47 245
-
41 704
-
pensions
2 221
-
1 960
-
other
47
-
41
-
unemployment
733
-
647
-
income
9 968
-
8 412
-
total
12 969
-
11 060
-
Employer
47 245
-
41 704
-
pensions
11 149
-
9 841
-
other
376
-
333
-
unemployment
2 599
-
2 293
-
accident
935
-
825
-
total
15 059
-
13 292
-
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.

-
8 249
-
-
total
-
8 249
-
-
Dividends
-
46 751
-
-
withholding
-
9 602
-
-
total
-
9 602
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 028
17 851
24 352
24 746
After tax
26 972
37 149
30 648
30 254
Living cost
34 277
34 277
34 277
34 277
Free-cash
-7 305
2 872
-3 629
-4 023

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15235
-₽17049
-₽25463
-₽14131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 800
health
-
-
-
4 126
surtax
-
-
-
2 911
accident
-
-
-
495
communal
-
-
-
-
income
-
-
-
2 324
total
-
-
-
18 656
Employee
71 876
-
49 130
-
surtax
4 406
-
3 011
-
pensions
5 749
-
3 930
-
income
6 942
-
2 554
-
health
3 199
-
2 187
-
total
20 296
-
11 682
-
Employer
71 876
-
49 130
-
pensions
5 749
-
3 930
-
accident
647
-
441
-
health
2 192
-
1 499
-
total
8 588
-
5 870
-
Corporate
-
55 000
-
-
communal
-
3 712
-
-
income
-
8 249
-
-
surtax
-
578
-
-
total
-
12 539
-
-
Dividends
-
42 461
-
-
withholding
-
6 369
-
-
income
-
1 562
-
-
total
-
7 931
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 884
20 470
17 552
18 656
After tax
26 116
34 530
37 448
36 344
Living cost
51 579
51 579
51 579
51 579
Free-cash
-25 463
-17 049
-14 131
-15 235

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9729
₽13277
₽10259
₽8542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 999
health
-
-
-
3 905
surtax
-
-
-
510
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
8 323
total
-
-
-
23 953
Employee
31 963
-
45 434
-
surtax
113
-
420
-
pensions
2 133
-
3 031
-
other
-
-
-
-
unemployment
2 224
-
3 163
-
income
5 358
-
7 802
-
health
816
-
1 158
-
total
10 644
-
15 574
-
Employer
31 963
-
45 434
-
pensions
4 261
-
6 057
-
other
-
-
-
-
unemployment
1 014
-
1 441
-
health
1 454
-
2 068
-
total
6 729
-
9 566
-
Corporate
16 308
55 000
-
-
income
4 240
14 299
-
-
total
4 240
14 299
-
-
Dividends
12 068
40 701
-
-
withholding
1 810
6 106
-
-
total
1 810
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 423
20 405
25 140
23 953
After tax
31 577
34 595
29 860
31 047
Living cost
21 318
21 318
21 318
21 318
Free-cash
10 259
13 277
8 542
9 729

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4183
₽3342
₽1235
₽1094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
326
regional
-
-
-
829
social contributions
-
-
-
14 146
national
-
-
-
9 949
total
-
-
-
25 250
Employee
52 649
-
55 000
-
social contributions
17 754
-
18 546
-
municipal
279
-
292
-
regional
709
-
739
-
national
8 341
-
8 762
-
total
27 083
-
28 339
-
Employer
52 649
-
55 000
-
total
-
-
-
-
Corporate
2 351
55 000
-
-
nationa
564
13 200
-
-
municipal
117
2 734
-
-
total
681
15 934
-
-
Dividends
1 670
39 065
-
-
withholding
434
10 157
-
-
total
434
10 157
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 198
26 091
28 339
25 250
After tax
26 802
28 909
26 661
29 750
Living cost
25 567
25 567
25 567
25 567
Free-cash
1 235
3 342
1 094
4 183

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2270
₽8809
-₽2262
-₽1147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
7 425
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
income
-
-
-
4 727
total
-
-
-
28 212
Employee
42 732
-
41 045
-
social contributions
2 778
-
2 668
-
income
5 128
-
4 925
-
solidarity contribution
-
-
-
-
health
5 769
-
5 541
-
total
13 675
-
13 134
-
Employer
42 732
-
41 045
-
social contributions
10 683
-
10 261
-
health
3 846
-
3 694
-
total
14 529
-
13 955
-
Corporate
-
55 000
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
6 683
-
-
total
-
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 204
17 133
27 089
28 212
After tax
26 796
37 867
27 911
26 788
Living cost
29 058
29 058
29 058
29 058
Free-cash
-2 262
8 809
-1 147
-2 270

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽313
₽1325
₽485
-₽9128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 175
health
-
-
-
4 207
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
3 984
chamber of commerce
-
-
-
220
total
-
-
-
24 407
Employee
41 489
37 824
42 709
-
pensions
4 249
3 872
4 373
-
other
414
378
427
-
unemployment
1 245
1 135
1 281
-
income
3 696
2 790
4 045
-
health
1 605
1 464
1 653
-
total
11 209
9 639
11 779
-
Employer
41 489
37 824
42 709
-
payroll
1 245
1 135
1 281
-
chamber of commerce
166
151
171
-
pensions
5 207
4 748
5 360
-
surtax
-
-
-
-
other
1 970
1 796
2 030
-
unemployment
1 245
1 135
1 281
-
accident
539
492
555
-
health
1 569
1 430
1 614
-
total
11 941
10 887
12 292
-
Corporate
3 602
6 290
39 107
-
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.

901
1 572
9 777
-
total
901
1 572
9 777
-
Dividends
671
4 718
-
-
withholding
184
1 297
-
-
total
184
1 297
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 235
23 395
33 848
24 407
After tax
30 765
31 605
21 152
30 593
Living cost
30 280
30 280
30 280
30 280
Free-cash
485
1 325
-9 128
313

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42350
₽40150
₽37881
₽31900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 125
-
55 000
-
income
3 025
-
11 000
-
total
3 025
-
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%.

39 875
55 000
-
-
total
-
-
-
-
Dividends
39 875
55 000
-
-
withholding
1 994
2 750
-
-
total
1 994
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
5 019
2 750
11 000
550
After tax
49 981
52 250
44 000
54 450
Living cost
12 100
12 100
12 100
12 100
Free-cash
37 881
40 150
31 900
42 350

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4748
₽12411
₽4472
₽3173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 045
health
-
-
-
5 412
unemployment
-
-
-
83
income
-
-
-
9 255
total
-
-
-
24 795
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.

41 970
-
47 592
-
pensions
6 506
-
7 377
-
unemployment
59
-
67
-
income
7 238
-
8 443
-
health
2 711
-
3 075
-
total
16 514
-
18 962
-
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.

41 970
-
47 592
-
pensions
3 714
-
4 211
-
unemployment
25
-
29
-
health
2 795
-
3 168
-
total
6 534
-
7 408
-
Corporate
6 495
55 000
-
-
income
1 234
10 450
-
-
total
1 234
10 450
-
-
Dividends
5 262
44 550
-
-
withholding
789
6 682
-
-
total
789
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 071
17 132
26 370
24 795
After tax
29 929
37 868
28 630
30 205
Living cost
25 457
25 457
25 457
25 457
Free-cash
4 472
12 411
3 173
4 748

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3430
-₽7977
-₽88194
₽927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
6 270
income
-
-
-
10 721
total
-
-
-
16 991
Employee
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
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
101 756
21 538
12 634
16 991
After tax
-46 756
33 462
42 366
38 009
Living cost
41 438
41 438
41 438
41 438
Free-cash
-88 194
-7 977
927
-3 430

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1952
₽1511
₽557
₽459
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
19 112
income
-
-
-
4 165
total
-
-
-
23 277
Employee
43 652
-
44 444
-
social contributions
4 802
-
4 888
-
surtax
-
-
-
-
income
9 080
-
9 327
-
total
13 882
-
14 215
-
Employer
43 652
-
44 444
-
social contributions
10 367
-
10 555
-
total
10 367
-
10 555
-
Corporate
981
55 000
-
-
income
205
11 551
-
-
surtax
-
-
-
-
total
205
11 551
-
-
Dividends
775
43 449
-
-
withholding
218
12 167
-
-
total
218
12 167
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 672
23 718
24 770
23 277
After tax
30 328
31 282
30 230
31 723
Living cost
29 771
29 771
29 771
29 771
Free-cash
557
1 511
459
1 952

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12895
-₽18121
-₽23011
-₽12417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 818
health
-
-
-
477
surtax
-
-
-
-
other
-
-
-
1 706
social contributions
-
-
-
1 567
income
-
-
-
2 486
total
-
-
-
22 054
Employee
59 445
-
41 911
-
social contributions
1 693
-
1 194
-
surtax
-
-
-
-
pensions
6 724
-
4 741
-
income
5 187
-
2 552
-
total
13 604
-
8 487
-
Employer
59 445
-
41 911
-
pensions
9 768
-
6 886
-
social contributions
178
-
126
-
other
2 051
-
1 446
-
unemployment
2 408
-
1 697
-
health
4 161
-
2 934
-
total
18 566
-
13 089
-
Corporate
-
55 000
-
-
income
-
15 400
-
-
surtax
-
-
-
-
total
-
15 400
-
-
Dividends
-
39 600
-
-
withholding
-
5 068
-
-
surtax
-
-
-
-
social contributions
-
6 812
-
-
total
-
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 170
27 280
21 576
22 054
After tax
22 830
27 720
33 424
32 946
Living cost
45 841
45 841
45 841
45 841
Free-cash
-23 011
-18 121
-12 417
-12 895

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14370
₽20969
₽17781
₽15930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 100
income
-
-
-
-
total
-
-
-
12 100
Employee
30 513
-
47 619
-
social contributions
1 983
-
3 094
-
income
-
-
65
-
total
1 983
-
3 159
-
Employer
30 513
-
47 619
-
social contributions
4 730
-
7 381
-
total
4 730
-
7 381
-
Corporate
19 757
55 000
-
-
income
1 976
5 501
-
-
total
1 976
5 501
-
-
Dividends
17 781
49 499
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
8 689
5 501
10 540
12 100
After tax
46 311
49 499
44 460
42 900
Living cost
28 530
28 530
28 530
28 530
Free-cash
17 781
20 969
15 930
14 370

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9989
-₽151541
-₽151541
-₽151541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 952
pensions
-
-
-
822
labour market
-
-
-
4 334
national
-
-
-
5 227
total
-
-
-
19 335
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
160 887
160 887
160 887
19 335
After tax
-105 887
-105 887
-105 887
35 665
Living cost
45 654
45 654
45 654
45 654
Free-cash
-151 541
-151 541
-151 541
-9 989

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17123
-₽16434
₽1251
₽8156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
10 276
total
-
-
-
16 988
Employee
32 860
-
45 688
-
pensions
3 700
-
5 145
-
income
4 508
-
6 268
-
health
3 763
-
5 231
-
total
11 971
-
16 644
-
Employer
32 860
-
45 688
-
pensions
5 343
-
7 429
-
unemployment
805
-
1 119
-
accident
549
-
763
-
total
6 697
-
9 311
-
Corporate
15 443
55 000
-
-
income

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

13 899
49 500
-
-
total
13 899
49 500
-
-
Dividends
1 544
5 500
-
-
withholding
293
1 045
-
-
total
293
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 860
50 545
25 955
16 988
After tax
22 140
4 455
29 045
38 012
Living cost
20 889
20 889
20 889
20 889
Free-cash
1 251
-16 434
8 156
17 123

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6133
₽1545
-₽4356
-₽2517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 820
health
-
-
-
450
national
-
-
-
2 158
total
-
-
-
12 428
Employee
49 935
-
46 268
-
municipal
8 179
-
7 585
-
national
825
-
627
-
pensions
3 370
-
3 123
-
unemployment
749
-
693
-
health
373
-
317
-
total
13 496
-
12 345
-
Employer
49 935
-
46 268
-
pensions
8 663
-
8 028
-
unemployment
324
-
301
-
accident
50
-
47
-
health
384
-
357
-
total
9 421
-
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.

-
33 000
-
-
municipal
-
5 940
-
-
national
-
77
-
-
total
-
6 017
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 917
17 016
21 078
12 428
After tax
32 083
37 984
33 922
42 572
Living cost
36 439
36 439
36 439
36 439
Free-cash
-4 356
1 545
-2 517
6 133

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21062
₽11563
₽13348
₽15517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
health
-
-
-
1 403
social contributions
-
-
-
8 581
income
-
-
-
1 979
total
-
-
-
11 963
Employee
72 983
72 983
72 983
-
social contributions
2 759
6 057
4 144
-
income
7 947
6 756
7 448
-
health
566
1 241
848
-
total
11 272
14 054
12 440
-
Employer
72 983
72 983
72 983
-
social contributions
2 759
6 057
4 144
-
health
614
1 351
924
-
total
3 373
7 408
5 068
-
Corporate
18 380
-
-
-
income
2 298
-
-
-
total
2 298
-
-
-
Dividends
16 082
-
-
-
withholding
2 734
-
-
-
total
2 734
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 677
21 462
17 508
11 963
After tax
35 323
33 538
37 492
43 037
Living cost
21 975
21 975
21 975
21 975
Free-cash
13 348
11 563
15 517
21 062

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25762
₽30477
₽25647
₽18996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
4 670
total
-
-
-
14 169
Employee

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

21 785
-
49 865
-
pensions
3 267
-
7 480
-
unemployment
108
-
249
-
income
1 490
-
3 833
-
health
1 852
-
4 238
-
total
6 717
-
15 800
-
Employer

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

21 785
-
49 865
-
pensions
1 198
-
2 743
-
unemployment
108
-
249
-
health
937
-
2 143
-
total
2 243
-
5 135
-
Corporate
30 972
55 000
-
-
income
2 788
4 949
-
-
total
2 788
4 949
-
-
Dividends
28 184
50 051
-
-
withholding
2 536
4 505
-
-
total
2 536
4 505
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 284
9 454
20 935
14 169
After tax
40 716
45 546
34 065
40 831
Living cost
15 069
15 069
15 069
15 069
Free-cash
25 647
30 477
18 996
25 762

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4154
₽11049
₽6001
₽4548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
385
accident
-
-
-
495
income
-
-
-
8 245
total
-
-
-
24 746
Employee
35 094
-
41 704
-
pensions
1 650
-
1 960
-
other
34
-
41
-
unemployment
544
-
647
-
income
6 766
-
8 412
-
total
8 994
-
11 060
-
Employer
35 094
-
41 704
-
pensions
8 282
-
9 841
-
other
281
-
333
-
unemployment
1 931
-
2 293
-
accident
695
-
825
-
total
11 189
-
13 292
-
Corporate
8 717
55 000
-
-
income

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

1 308
8 249
-
-
total
1 308
8 249
-
-
Dividends
7 409
46 751
-
-
withholding
1 408
9 602
-
-
total
1 408
9 602
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 899
17 851
24 352
24 746
After tax
32 101
37 149
30 648
30 254
Living cost
26 100
26 100
26 100
26 100
Free-cash
6 001
11 049
4 548
4 154

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32815
₽32471
₽32166
₽32684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
18 009
total
-
-
-
20 336
Employee
2 817
-
53 482
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
17 938
-
health
141
-
337
-
total
968
-
18 949
-
Employer
2 817
-
53 482
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
51 549
55 000
-
-
income
11 341
12 100
-
-
total
11 341
12 100
-
-
Dividends
40 208
42 900
-
-
withholding
8 042
8 580
-
-
total
8 042
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 985
20 680
20 467
20 336
After tax
34 015
34 320
34 533
34 664
Living cost
1 849
1 849
1 849
1 849
Free-cash
32 166
32 471
32 684
32 815

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10797
₽23333
₽18666
₽13165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 300
health
-
-
-
5 665
unemployment
-
-
-
825
income
-
-
-
7 009
total
-
-
-
27 799
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.

24 737
-
46 650
-
pensions
3 463
-
6 531
-
unemployment
186
-
350
-
income
3 410
-
7 798
-
health
1 274
-
2 402
-
total
8 333
-
17 081
-
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.

24 737
-
46 650
-
pensions
2 968
-
5 598
-
unemployment
186
-
350
-
health
1 274
-
2 402
-
total
4 428
-
8 350
-
Corporate
25 835
55 000
-
-
income
3 875
8 250
-
-
total
3 875
8 250
-
-
Dividends
21 960
46 750
-
-
withholding
3 294
7 013
-
-
total
3 294
7 013
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 930
15 263
25 431
27 799
After tax
35 070
39 737
29 569
27 201
Living cost
16 404
16 404
16 404
16 404
Free-cash
18 666
23 333
13 165
10 797

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
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.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6135
₽5695
₽5354
₽4643
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
19 112
income
-
-
-
4 165
total
-
-
-
23 277
Employee
36 837
-
44 444
-
social contributions
4 053
-
4 888
-
surtax
-
-
-
-
income
7 198
-
9 327
-
total
11 251
-
14 215
-
Employer
36 837
-
44 444
-
social contributions
8 748
-
10 555
-
total
8 748
-
10 555
-
Corporate
9 415
55 000
-
-
income
1 978
11 551
-
-
surtax
-
-
-
-
total
1 978
11 551
-
-
Dividends
7 437
43 449
-
-
withholding
2 082
12 167
-
-
total
2 082
12 167
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 059
23 718
24 770
23 277
After tax
30 941
31 282
30 230
31 723
Living cost
25 588
25 588
25 588
25 588
Free-cash
5 354
5 695
4 643
6 135

Estimated living cost  is ₽25588 per week

₽18123
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.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3102
₽3793
-₽5454
-₽2708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
385
accident
-
-
-
495
income
-
-
-
8 245
total
-
-
-
24 746
Employee
45 838
-
41 704
-
pensions
2 154
-
1 960
-
other
45
-
41
-
unemployment
710
-
647
-
income
9 574
-
8 412
-
total
12 483
-
11 060
-
Employer
45 838
-
41 704
-
pensions
10 818
-
9 841
-
other
367
-
333
-
unemployment
2 522
-
2 293
-
accident
908
-
825
-
total
14 615
-
13 292
-
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.

-
8 249
-
-
total
-
8 249
-
-
Dividends
-
46 751
-
-
withholding
-
9 602
-
-
total
-
9 602
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 098
17 851
24 352
24 746
After tax
27 902
37 149
30 648
30 254
Living cost
33 356
33 356
33 356
33 356
Free-cash
-5 454
3 793
-2 708
-3 102

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21585
₽30707
₽24927
₽22535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
8 250
total
-
-
-
17 097
Employee
21 607
-
48 499
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
4 850
-
health
994
-
1 524
-
total
5 289
-
9 647
-
Employer
21 607
-
48 499
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
29 153
55 000
-
-
income
2 915
5 500
-
-
total
2 915
5 500
-
-
Dividends
26 238
49 500
-
-
withholding
1 312
2 475
-
-
total
1 312
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 755
7 975
16 147
17 097
After tax
41 245
47 025
38 853
37 903
Living cost
16 318
16 318
16 318
16 318
Free-cash
24 927
30 707
22 535
21 585

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and 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 Sofia model

Close
Berlin , Germany
₽3876
-₽8152
₽4264
₽5436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 560
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.

-
-
-
6 484
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.

-
-
-
335
income

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

-
-
-
6 102
total
-
-
-
14 481
Employee

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

47 224
-
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.

214
-
335
-
income

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

3 883
-
6 102
-
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.

6 484
-
6 484
-
total
10 581
-
12 921
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 776
55 000
-
-
trade
1 115
7 893
-
-
income
1 167
8 249
-
-
chamber of commerce
155
225
-
-
surtax

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

65
454
-
-
total
2 502
16 821
-
-
Dividends
5 274
38 179
-
-
withholding
958
9 184
-
-
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.

52
504
-
-
total
1 010
9 688
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 093
26 509
12 921
14 481
After tax
40 907
28 491
42 079
40 519
Living cost
36 643
36 643
36 643
36 643
Free-cash
4 264
-8 152
5 436
3 876

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11144
-₽15566
-₽19243
-₽11144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 050
income
-
-
-
8 028
total
-
-
-
12 078
Employee
74 242
-
55 000
-
social contributions
6 168
-
4 050
-
income
14 009
-
8 028
-
total
20 177
-
12 078
-
Employer
74 242
-
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
20 177
16 500
12 078
12 078
After tax
34 823
38 500
42 922
42 922
Living cost
54 066
54 066
54 066
54 066
Free-cash
-19 243
-15 566
-11 144
-11 144

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12298
-₽3717
₽1782
₽5318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 828
income
-
-
-
27 017
total
-
-
-
32 845
Employee
43 540
-
50 634
-
social contributions
4 362
-
4 366
-
income
4 724
-
6 497
-
total
9 086
-
10 863
-
Employer
43 540
-
50 634
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
7 098
55 000
-
-
income
2 484
19 250
-
-
total
2 484
19 250
-
-
Dividends
4 614
35 750
-
-
social contributions
2 833
5 014
-
-
total
2 833
5 014
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 765
24 264
15 229
32 845
After tax
36 235
30 736
39 771
22 155
Living cost
34 453
34 453
34 453
34 453
Free-cash
1 782
-3 717
5 318
-12 298

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6439
₽6354
₽1058
₽843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 383
income
-
-
-
10 324
total
-
-
-
13 707
Employee
47 843
-
49 067
-
pensions
3 652
-
3 798
-
income
8 713
-
8 923
-
health
624
-
649
-
total
12 989
-
13 370
-
Employer
47 843
-
49 067
-
pensions
4 834
-
5 001
-
health
909
-
932
-
total
5 743
-
5 933
-
Corporate
1 415
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.

269
10 450
-
-
total
269
10 450
-
-
Dividends
1 146
44 550
-
-
withholding
87
3 342
-
-
total
87
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 088
13 792
19 303
13 707
After tax
35 912
41 208
35 697
41 293
Living cost
34 854
34 854
34 854
34 854
Free-cash
1 058
6 354
843
6 439

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15055
-₽18502
₽934
₽6088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
10 276
total
-
-
-
16 988
Employee
36 113
-
45 688
-
pensions
4 066
-
5 145
-
income
4 954
-
6 268
-
health
4 135
-
5 231
-
total
13 155
-
16 644
-
Employer
36 113
-
45 688
-
pensions
5 872
-
7 429
-
unemployment
885
-
1 119
-
accident
603
-
763
-
total
7 360
-
9 311
-
Corporate
11 528
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.

10 375
49 500
-
-
total
10 375
49 500
-
-
Dividends
1 153
5 500
-
-
withholding
219
1 045
-
-
total
219
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 109
50 545
25 955
16 988
After tax
23 891
4 455
29 045
38 012
Living cost
22 957
22 957
22 957
22 957
Free-cash
934
-18 502
6 088
15 055

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19690
₽33938
₽29326
₽19690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 120
health insurance
-
-
-
4 070
work injury
-
-
-
275
unemployment
-
-
-
660
income
-
-
-
7 373
total
-
-
-
22 498
Employee

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

20 500
-
55 000
-
pensions
3 772
-
10 120
-
health insurance
1 517
-
4 070
-
unemployment
246
-
660
-
income
2 050
-
7 373
-
work injury
102
-
275
-
total
7 687
-
22 498
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 500
55 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
34 500
55 000
-
-
withholding
5 175
8 250
-
-
total
5 175
8 250
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 862
8 250
22 498
22 498
After tax
42 138
46 750
32 502
32 502
Living cost
12 812
12 812
12 812
12 812
Free-cash
29 326
33 938
19 690
19 690

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽8119
-₽8840
-₽24979
-₽11172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
367
regional
-
-
-
846
social contributions
-
-
-
14 146
national
-
-
-
9 949
total
-
-
-
25 308
Employee
79 979
-
55 000
-
social contributions
26 968
-
18 546
-
municipal
477
-
328
-
regional
1 207
-
725
-
national
13 516
-
8 762
-
total
42 168
-
28 361
-
Employer
79 979
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 200
-
-
municipal
-
2 651
-
-
total
-
15 851
-
-
Dividends
-
39 148
-
-
withholding
-
10 178
-
-
total
-
10 178
-
-
Income
55 000
55 000
55 000
55 000
Total tax
42 168
26 029
28 361
25 308
After tax
12 832
28 971
26 639
29 692
Living cost
37 811
37 811
37 811
37 811
Free-cash
-24 979
-8 840
-11 172
-8 119

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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