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
-₽2839
₽8404
₽10353
₽11574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 221
income

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

-
-
-
5 404
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.

-
-
-
6 943
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.

-
-
-
297
total
-
-
-
13 865
Employee

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

38 870
-
55 000
-
health

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

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

6 943
-
6 943
-
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.

60
-
297
-
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.

1 086
-
5 404
-
total
8 089
-
12 644
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 130
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.

133
453
-
-
income
2 420
8 250
-
-
trade
2 540
8 663
-
-
chamber of commerce
177
233
-
-
total
5 270
17 599
-
-
Dividends
10 859
37 400
-
-
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.

127
494
-
-
withholding
2 328
8 964
-
-
total
2 455
9 458
-
-
Income
55 000
55 000
55 000
55 000
Total tax
15 814
27 057
12 644
13 865
After tax
39 186
27 943
42 356
41 135
Living cost
30 782
30 782
30 782
30 782
Free-cash
8 404
-2 839
11 574
10 353

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16955
-₽31698
-₽16604
-₽16173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 153
pensions
-
-
-
6 600
national
-
-
-
7 985
social contributions
-
-
-
591
total
-
-
-
20 329
Employee
79 485
-
47 547
-
municipal
9 818
-
5 366
-
pensions
3 179
-
1 902
-
national
15 213
-
8 315
-
total
28 210
-
15 583
-
Employer
79 485
-
47 547
-
social contributions
854
-
511
-
pensions
6 359
-
3 804
-
total
7 213
-
4 315
-
Corporate
-
55 000
-
-
income

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

-
11 000
-
-
total
-
11 000
-
-
Dividends
-
44 000
-
-
withholding
-
9 680
-
-
total
-
9 680
-
-
Income
55 000
55 000
55 000
55 000
Total tax
35 423
20 680
19 898
20 329
After tax
19 577
34 320
35 102
34 671
Living cost
51 275
51 275
51 275
51 275
Free-cash
-31 698
-16 955
-16 173
-16 604

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22857
₽14522
₽22408
₽10392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
8 250
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
11 449
Employee
29 696
-
44 322
-
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.

3 267
-
4 875
-
surtax
-
-
-
-
income
5 286
-
7 914
-
total
8 553
-
12 789
-
Employer
29 696
-
44 322
-
social contributions

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

7 153
-
10 676
-
surtax
-
-
-
-
total
7 153
-
10 676
-
Corporate
18 151
55 000
-
-
income

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

3 630
11 000
-
-
total
3 630
11 000
-
-
Dividends

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

14 522
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 336
11 000
23 465
11 449
After tax
35 664
44 000
31 535
43 551
Living cost
21 142
21 142
21 142
21 142
Free-cash
14 522
22 857
10 392
22 408

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40211
-₽45915
-₽11094
-₽45915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
5 177
pensions
-
-
-
9 901
health
-
-
-
8 443
total
-
-
-
23 521
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
58 342
52 638
58 342
23 521
After tax
-3 342
2 362
-3 342
31 479
Living cost
42 573
42 573
42 573
42 573
Free-cash
-45 915
-40 211
-45 915
-11 094

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9127
-₽18325
-₽11740
-₽9787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
110
pensions
-
-
-
5 945
other
-
-
-
6 391
unemployment
-
-
-
55
health
-
-
-
3 432
national
-
-
-
-
total
-
-
-
27 583
Employee
55 795
-
41 850
-
municipal
16 638
-
12 480
-
national
-
-
-
-
total
16 638
-
12 480
-
Employer
55 795
-
41 850
-
accident
112
-
84
-
other
6 483
-
4 863
-
unemployment
1 473
-
1 105
-
pensions
6 031
-
4 524
-
health
3 431
-
2 574
-
total
17 530
-
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
34 168
24 970
25 630
27 583
After tax
20 832
30 030
29 370
27 417
Living cost
39 157
39 157
39 157
39 157
Free-cash
-18 325
-9 127
-9 787
-11 740

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12261
₽2016
₽1158
₽2433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 275
income

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

-
-
-
5 404
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.

-
-
-
6 943
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.

-
-
-
297
total
-
-
-
13 919
Employee

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

51 537
-
55 000
-
health

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

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

6 943
-
6 943
-
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.

243
-
297
-
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.

4 428
-
5 404
-
total
11 614
-
12 644
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 463
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.

29
453
-
-
income
519
8 250
-
-
trade
569
9 047
-
-
chamber of commerce
160
233
-
-
total
1 277
17 983
-
-
Dividends
2 187
37 016
-
-
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.

10
488
-
-
withholding
160
8 867
-
-
total
170
9 355
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 061
27 338
12 644
13 919
After tax
41 939
27 662
42 356
41 081
Living cost
39 923
39 923
39 923
39 923
Free-cash
2 016
-12 261
2 433
1 158

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽943
₽3350
₽10573
₽3898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
1 483
health
-
-
-
1 402
social contributions
-
-
-
8 580
total
-
-
-
11 465
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
4 144
-
health
777
1 329
849
-
income
8 206
7 234
8 079
-
total
12 780
15 049
13 072
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
4 144
-
health
847
1 446
924
-
total
4 644
7 932
5 068
-
Corporate
4 613
-
-
-
income
577
-
-
-
total
577
-
-
-
Dividends
4 037
-
-
-
withholding
687
-
-
-
total
687
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 688
22 981
18 140
11 465
After tax
36 312
32 019
36 860
43 535
Living cost
32 962
32 962
32 962
32 962
Free-cash
3 350
-943
3 898
10 573

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
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.
₽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 Source

Source of data for Limassol model

Close
Budapest , Hungary
₽12746
₽13129
₽19692
₽13474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
46 025
-
health
1 860
740
3 222
-
income
3 249
1 293
5 627
-
pensions
2 657
1 058
4 603
-
unemployment
399
159
690
-
total
8 165
3 250
14 142
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
46 025
-
pensions
5 182
2 062
8 975
-
total
5 182
2 062
8 975
-
Corporate
23 245
42 362
-
-
income
2 092
3 813
-
-
total
2 092
3 813
-
-
Dividends
21 153
38 549
-
-
social contributions
4 004
7 396
-
-
withholding
4 019
7 324
-
-
total
8 023
14 720
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 462
23 845
23 117
16 899
After tax
31 538
31 155
31 883
38 101
Living cost
18 409
18 409
18 409
18 409
Free-cash
13 129
12 746
13 474
19 692

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19454
₽13142
₽6240
₽8152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
6 065
pensions
-
-
-
11 000
health
-
-
-
7 149
total
-
-
-
24 214
Employee
28 830
-
41 105
-
income
3 246
-
6 927
-
pensions
577
-
822
-
unemployment
461
-
658
-
total
4 284
-
8 407
-
Employer
28 830
-
41 105
-
unemployment
231
-
330
-
pensions
5 766
-
8 221
-
health
3 747
-
5 344
-
total
9 744
-
13 895
-
Corporate
16 425
55 000
-
-
income
3 284
11 000
-
-
total
3 284
11 000
-
-
Dividends
13 141
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
17 312
11 000
22 302
24 214
After tax
37 688
44 000
32 698
30 786
Living cost
24 546
24 546
24 546
24 546
Free-cash
13 142
19 454
8 152
6 240

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17741
₽1051
₽15844
₽6849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
255
income
-
-
-
9 933
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
16 960
Employee
34 915
-
45 688
-
health
3 998
-
5 232
-
income
4 790
-
6 268
-
pensions
3 932
-
5 144
-
total
12 720
-
16 644
-
Employer
34 915
-
45 688
-
accident
583
-
763
-
unemployment
855
-
1 119
-
pensions
5 677
-
7 429
-
total
7 115
-
9 311
-
Corporate
12 969
55 000
-
-
income

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

11 672
49 500
-
-
total
11 672
49 500
-
-
Dividends
1 297
5 500
-
-
withholding
246
1 045
-
-
total
246
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 753
50 545
25 955
16 960
After tax
23 247
4 455
29 045
38 040
Living cost
22 196
22 196
22 196
22 196
Free-cash
1 051
-17 741
6 849
15 844

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42988
₽41252
₽45188
₽34738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
55 000
-
income
2 315
-
11 000
-
total
2 315
-
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%.

43 423
55 000
-
-
total
-
-
-
-
Dividends
43 423
55 000
-
-
withholding
2 171
2 750
-
-
total
2 171
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 486
2 750
11 000
550
After tax
50 514
52 250
44 000
54 450
Living cost
9 262
9 262
9 262
9 262
Free-cash
41 252
42 988
34 738
45 188

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13330
₽6467
₽2704
₽5160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
6 985
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.

-
-
-
13 199
other
-
-
-
2 613
health
-
-
-
2 420
total
-
-
-
25 217
Employee
36 899
-
43 930
-
health
517
-
615
-
income
6 353
-
7 562
-
pensions

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

2 582
-
3 074
-
unemployment
368
-
440
-
total
9 820
-
11 691
-
Employer
36 899
-
43 930
-
accident
295
-
351
-
other
1 846
-
2 197
-
unemployment
368
-
440
-
pensions

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

6 274
-
7 467
-
health
517
-
615
-
total
9 300
-
11 070
-
Corporate
8 801
55 000
-
-
income
1 848
11 550
-
-
total
1 848
11 550
-
-
Dividends
6 954
43 450
-
-
withholding
486
3 041
-
-
total
486
3 041
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 454
14 591
22 761
25 217
After tax
33 546
40 409
32 239
29 783
Living cost
27 079
27 079
27 079
27 079
Free-cash
6 467
13 330
5 160
2 704

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27200
-₽55054
-₽27002
-₽32441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 351
pensions
-
-
-
3 242
total
-
-
-
13 593
Employee
96 788
-
49 204
-
health
1 595
-
619
-
income
17 447
-
8 990
-
pensions
9 337
-
3 627
-
total
28 379
-
13 236
-
Employer
96 788
-
49 204
-
pensions
11 428
-
4 861
-
health
1 838
-
935
-
total
13 266
-
5 796
-
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
-
3 341
-
-
total
-
3 341
-
-
Income
55 000
55 000
55 000
55 000
Total tax
41 645
13 791
19 032
13 593
After tax
13 355
41 209
35 968
41 407
Living cost
68 409
68 409
68 409
68 409
Free-cash
-55 054
-27 200
-32 441
-27 002

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33703
₽28984
₽23951
₽24773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 250
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
17 727
Employee
17 640
-
48 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
4 803
-
pensions

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

1 549
-
3 116
-
total
4 318
-
9 942
-
Employer
17 640
-
48 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
33 898
55 000
-
-
income
3 390
5 500
-
-
total
3 390
5 500
-
-
Dividends
30 509
49 500
-
-
withholding
1 525
2 475
-
-
total
1 525
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 694
7 975
16 905
17 727
After tax
42 306
47 025
38 095
37 273
Living cost
13 322
13 322
13 322
13 322
Free-cash
28 984
33 703
24 773
23 951

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽53991
-₽55715
-₽24874
-₽59695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
5 177
pensions
-
-
-
9 901
health
-
-
-
8 443
total
-
-
-
23 521
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
54 362
52 638
58 342
23 521
After tax
638
2 362
-3 342
31 479
Living cost
56 353
56 353
56 353
56 353
Free-cash
-55 715
-53 991
-59 695
-24 874

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13579
₽4913
₽2499
₽3622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
4 727
health
-
-
-
7 425
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 060
total
-
-
-
28 212
Employee
35 720
-
41 045
-
social contributions
2 322
-
2 668
-
health
4 822
-
5 541
-
solidarity contribution
-
-
-
-
income
4 286
-
4 925
-
total
11 430
-
13 134
-
Employer
35 720
-
41 045
-
social contributions
8 930
-
10 261
-
health
3 215
-
3 694
-
total
12 145
-
13 955
-
Corporate
7 135
55 000
-
-
income
1 356
10 450
-
-
total
1 356
10 450
-
-
Dividends
5 780
44 550
-
-
withholding
867
6 682
-
-
total
867
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 798
17 132
27 089
28 212
After tax
29 202
37 868
27 911
26 788
Living cost
24 289
24 289
24 289
24 289
Free-cash
4 913
13 579
3 622
2 499

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13538
-₽35318
-₽12773
-₽15881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
545
national
-
-
-
9 874
social contributions
-
-
-
14 146
total
-
-
-
24 891
Employee
90 319
-
55 000
-
social contributions
30 456
-
18 547
-
regional
852
-
475
-
municipal
478
-
291
-
national
15 650
-
8 686
-
total
47 436
-
27 999
-
Employer
90 319
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 201
-
-
municipal
-
2 145
-
-
total
-
15 346
-
-
Dividends
-
39 655
-
-
withholding
-
10 310
-
-
total
-
10 310
-
-
Income
55 000
55 000
55 000
55 000
Total tax
47 436
25 656
27 999
24 891
After tax
7 564
29 344
27 001
30 109
Living cost
42 882
42 882
42 882
42 882
Free-cash
-35 318
-13 538
-15 881
-12 773

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12169
₽9009
₽8946
₽7715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 090
pensions
-
-
-
11 000
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 903
surtax
-
-
-
405
total
-
-
-
23 629
Employee
33 607
-
45 434
-
other
-
-
-
-
health
858
-
1 159
-
surtax
110
-
328
-
income
5 633
-
7 616
-
pensions
2 241
-
3 030
-
unemployment
2 339
-
3 163
-
total
11 181
-
15 296
-
Employer
33 607
-
45 434
-
other
-
-
-
-
unemployment
1 065
-
1 441
-
pensions
4 480
-
6 056
-
health
1 529
-
2 067
-
total
7 074
-
9 564
-
Corporate
14 319
55 000
-
-
income
3 722
14 300
-
-
total
3 722
14 300
-
-
Dividends
10 597
40 700
-
-
withholding
1 589
6 106
-
-
total
1 589
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 566
20 406
24 860
23 629
After tax
31 434
34 594
30 140
31 371
Living cost
22 425
22 425
22 425
22 425
Free-cash
9 009
12 169
7 715
8 946

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5526
-₽18119
-₽5328
-₽10767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 351
pensions
-
-
-
3 242
total
-
-
-
13 593
Employee
64 865
-
49 204
-
health
942
-
619
-
income
11 682
-
8 990
-
pensions
5 506
-
3 627
-
total
18 130
-
13 236
-
Employer
64 865
-
49 204
-
pensions
7 022
-
4 861
-
health
1 232
-
935
-
total
8 254
-
5 796
-
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
-
3 341
-
-
total
-
3 341
-
-
Income
55 000
55 000
55 000
55 000
Total tax
26 384
13 791
19 032
13 593
After tax
28 616
41 209
35 968
41 407
Living cost
46 735
46 735
46 735
46 735
Free-cash
-18 119
-5 526
-10 767
-5 328

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52464
-₽44480
-₽30896
-₽33701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
city
-
-
-
578
pensions
-
-
-
5 059
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 100
regional
-
-
-
1 142
health
-
-
-
253
national
-
-
-
151
total
-
-
-
8 283
Employee
90 828
-
49 227
-
city
975
-
528
-
regional
2 974
-
963
-
health
205
-
112
-
pensions
7 631
-
4 134
-
unemployment
-
-
-
-
national
430
-
120
-
total
12 215
-
5 857
-
Employer
90 828
-
49 227
-
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.

1 816
-
985
-
unemployment
-
-
-
-
pensions
7 631
-
4 134
-
health
205
-
112
-
total
9 652
-
5 231
-
Corporate
-
55 000
-
-
regional
-
11 633
-
-
national
-
4 675
-
-
total
-
16 308
-
-
Dividends
-
38 692
-
-
withholding
-
13 543
-
-
total
-
13 543
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 867
29 851
11 088
8 283
After tax
33 133
25 149
43 912
46 717
Living cost
77 613
77 613
77 613
77 613
Free-cash
-44 480
-52 464
-33 701
-30 896

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19175
-₽6075
-₽5528
-₽4199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 329
income

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

-
-
-
5 404
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.

-
-
-
6 943
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.

-
-
-
297
total
-
-
-
13 973
Employee

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

61 075
-
55 000
-
health

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

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

6 943
-
6 943
-
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.

395
-
297
-
income

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

7 182
-
5 404
-
total
14 520
-
12 644
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
453
-
-
income
-
8 250
-
-
trade
-
9 433
-
-
chamber of commerce
-
231
-
-
total
-
18 367
-
-
Dividends
-
36 633
-
-
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.

-
482
-
-
withholding
-
8 771
-
-
total
-
9 253
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 520
27 620
12 644
13 973
After tax
40 480
27 380
42 356
41 027
Living cost
46 555
46 555
46 555
46 555
Free-cash
-6 075
-19 175
-4 199
-5 528

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽7049
-₽2077
-₽1732
-₽1170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
2 293
pensions
-
-
-
15 922
other
-
-
-
1 705
health
-
-
-
476
surtax
-
-
-
-
social contributions
-
-
-
1 566
total
-
-
-
21 962
Employee
43 494
-
41 911
-
social contributions
1 240
-
1 194
-
surtax
-
-
-
-
income
2 567
-
2 376
-
pensions
4 918
-
4 742
-
total
8 725
-
8 312
-
Employer
43 494
-
41 911
-
other
1 500
-
1 446
-
social contributions
131
-
125
-
unemployment
1 761
-
1 697
-
pensions
7 145
-
6 887
-
health
3 045
-
2 933
-
total
13 582
-
13 088
-
Corporate
-
55 000
-
-
surtax
-
-
-
-
income
-
15 399
-
-
total
-
15 399
-
-
Dividends
-
39 601
-
-
surtax
-
-
-
-
social contributions
-
6 812
-
-
withholding
-
5 068
-
-
total
-
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 307
27 279
21 400
21 962
After tax
32 693
27 721
33 600
33 038
Living cost
34 770
34 770
34 770
34 770
Free-cash
-2 077
-7 049
-1 170
-1 732

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3604
₽2041
₽1713
₽2275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
2 293
pensions
-
-
-
15 922
other
-
-
-
1 705
health
-
-
-
476
surtax
-
-
-
-
social contributions
-
-
-
1 566
total
-
-
-
21 962
Employee
38 825
-
41 911
-
social contributions
1 107
-
1 194
-
surtax
-
-
-
-
income
2 002
-
2 376
-
pensions
4 391
-
4 742
-
total
7 500
-
8 312
-
Employer
38 825
-
41 911
-
other
1 340
-
1 446
-
social contributions
116
-
125
-
unemployment
1 572
-
1 697
-
pensions
6 380
-
6 887
-
health
2 717
-
2 933
-
total
12 125
-
13 088
-
Corporate
4 050
55 000
-
-
surtax
-
-
-
-
income
1 134
15 399
-
-
total
1 134
15 399
-
-
Dividends
2 916
39 601
-
-
surtax
-
-
-
-
social contributions
501
6 812
-
-
withholding
374
5 068
-
-
total
875
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 634
27 279
21 400
21 962
After tax
33 366
27 721
33 600
33 038
Living cost
31 325
31 325
31 325
31 325
Free-cash
2 041
-3 604
2 275
1 713

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
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.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12005
₽12533
₽13770
₽11548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 250
health
-
-
-
3 840
social contributions
-
-
-
7 591
total
-
-
-
19 681
Employee
34 457
-
55 000
-
social contributions
4 756
-
7 591
-
health
2 405
-
3 840
-
income
5 747
-
10 472
-
total
12 908
-
21 903
-
Employer
34 457
-
55 000
-
total
-
-
-
-
Corporate
20 543
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%.

1 028
2 750
-
-
total
1 028
2 750
-
-
Dividends
19 515
52 250
-
-
health
1 362
3 647
-
-
social contributions
2 692
7 211
-
-
withholding
2 928
7 838
-
-
total
6 982
18 696
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 918
21 446
21 903
19 681
After tax
34 082
33 554
33 097
35 319
Living cost
21 549
21 549
21 549
21 549
Free-cash
12 533
12 005
11 548
13 770

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4414
-₽11569
-₽5138
-₽14058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
220
income
-
-
-
3 292
pensions
-
-
-
10 175
unemployment
-
-
-
6 233
health
-
-
-
4 208
surtax
-
-
-
201
total
-
-
-
24 329
Employee
50 788
40 499
42 551
-
other
507
405
426
-
health
1 965
1 568
1 647
-
income
5 782
2 987
3 421
-
pensions
5 201
4 146
4 357
-
unemployment
1 524
1 215
1 277
-
total
14 979
10 321
11 128
-
Employer
50 788
40 499
42 551
-
accident
660
526
553
-
other
2 413
1 923
2 021
-
chamber of commerce
202
162
170
-
unemployment
1 524
1 215
1 277
-
surtax
201
201
201
-
pensions
6 374
5 084
5 340
-
payroll
1 524
1 215
1 277
-
health
1 919
1 531
1 608
-
total
14 817
11 857
12 447
-
Corporate
3 857
3 857
38 696
-
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.

964
964
9 674
-
total
964
964
9 674
-
Dividends
-
1 680
-
-
withholding
-
463
-
-
total
-
463
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 760
23 605
33 249
24 329
After tax
24 240
31 395
21 751
30 671
Living cost
35 809
35 809
35 809
35 809
Free-cash
-11 569
-4 414
-14 058
-5 138

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6037
-₽38855
-₽6987
-₽13218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
15 935
communal

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

-
-
-
2 937
social contributions
-
-
-
6 061
total
-
-
-
24 933
Employee

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

72 694
-
42 598
-
communal

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

3 792
-
2 222
-
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.

3 415
-
2 002
-
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.

5 452
-
3 196
-
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.

633
-
370
-
national
22 349
-
10 978
-
total
35 641
-
18 768
-
Employer

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

72 694
-
42 598
-
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.

945
-
553
-
unemployment

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

1 061
-
621
-
surtax
8 243
-
4 829
-
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.

6 441
-
3 774
-
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.

4 470
-
2 619
-
total
21 160
-
12 396
-
Corporate
-
55 000
-
-
surtax
-
220
-
-
income
-
11 000
-
-
total
-
11 220
-
-
Dividends
-
43 780
-
-
withholding

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

-
12 763
-
-
total
-
12 763
-
-
Income
55 000
55 000
55 000
55 000
Total tax
56 801
23 983
31 164
24 933
After tax
-1 801
31 017
23 836
30 067
Living cost
37 054
37 054
37 054
37 054
Free-cash
-38 855
-6 037
-13 218
-6 987

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽462
-₽11713
-₽6243
-₽5821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
496
income
-
-
-
8 039
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
386
total
-
-
-
24 542
Employee
50 587
-
41 705
-
other
50
-
42
-
income
10 674
-
8 180
-
pensions
2 378
-
1 959
-
unemployment
785
-
646
-
total
13 887
-
10 827
-
Employer
50 587
-
41 705
-
accident
1 001
-
825
-
other
403
-
334
-
unemployment
2 783
-
2 293
-
pensions
11 938
-
9 841
-
total
16 125
-
13 293
-
Corporate
-
55 000
-
-
income

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

-
8 250
-
-
total
-
8 250
-
-
Dividends
-
46 750
-
-
withholding
-
9 587
-
-
total
-
9 587
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 012
17 837
24 120
24 542
After tax
24 988
37 163
30 880
30 458
Living cost
36 701
36 701
36 701
36 701
Free-cash
-11 713
462
-5 821
-6 243

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20624
-₽31155
-₽18617
-₽17483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
496
income
-
-
-
2 058
pensions
-
-
-
8 800
health
-
-
-
4 125
surtax
-
-
-
2 910
communal
-
-
-
-
total
-
-
-
18 389
Employee
76 960
-
49 130
-
health
3 425
-
2 187
-
surtax
4 717
-
3 010
-
income
7 434
-
2 258
-
pensions
6 156
-
3 930
-
total
21 732
-
11 385
-
Employer
76 960
-
49 130
-
accident
692
-
442
-
pensions
6 156
-
3 930
-
health
2 347
-
1 498
-
total
9 195
-
5 870
-
Corporate
-
55 000
-
-
surtax
-
577
-
-
communal
-
3 712
-
-
income
-
8 250
-
-
total
-
12 539
-
-
Dividends
-
42 461
-
-
income
-
1 487
-
-
withholding
-
6 370
-
-
total
-
7 857
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 927
20 396
17 255
18 389
After tax
24 073
34 604
37 745
36 611
Living cost
55 228
55 228
55 228
55 228
Free-cash
-31 155
-20 624
-17 483
-18 617

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11768
₽8537
₽8545
₽7314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 090
pensions
-
-
-
11 000
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
3 903
surtax
-
-
-
405
total
-
-
-
23 629
Employee
34 224
-
45 434
-
other
-
-
-
-
health
874
-
1 159
-
surtax
121
-
328
-
income
5 737
-
7 616
-
pensions
2 283
-
3 030
-
unemployment
2 382
-
3 163
-
total
11 397
-
15 296
-
Employer
34 224
-
45 434
-
other
-
-
-
-
unemployment
1 086
-
1 441
-
pensions
4 563
-
6 056
-
health
1 556
-
2 067
-
total
7 205
-
9 564
-
Corporate
13 571
55 000
-
-
income
3 529
14 300
-
-
total
3 529
14 300
-
-
Dividends
10 042
40 700
-
-
withholding
1 506
6 106
-
-
total
1 506
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 637
20 406
24 860
23 629
After tax
31 363
34 594
30 140
31 371
Living cost
22 826
22 826
22 826
22 826
Free-cash
8 537
11 768
7 314
8 545

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1532
-₽1375
₽2448
-₽640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
830
national
-
-
-
9 874
social contributions
-
-
-
14 146
total
-
-
-
25 176
Employee
56 373
-
55 000
-
social contributions
19 010
-
18 547
-
regional
759
-
740
-
municipal
299
-
291
-
national
8 931
-
8 686
-
total
28 999
-
28 264
-
Employer
56 373
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 201
-
-
municipal
-
2 733
-
-
total
-
15 934
-
-
Dividends
-
39 066
-
-
withholding
-
10 158
-
-
total
-
10 158
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 999
26 092
28 264
25 176
After tax
26 001
28 908
26 736
29 824
Living cost
27 376
27 376
27 376
27 376
Free-cash
-1 375
1 532
-640
2 448

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7937
-₽3981
-₽3143
-₽2020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
4 727
health
-
-
-
7 425
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 060
total
-
-
-
28 212
Employee
44 016
-
41 045
-
social contributions
2 861
-
2 668
-
health
5 942
-
5 541
-
solidarity contribution
-
-
-
-
income
5 282
-
4 925
-
total
14 085
-
13 134
-
Employer
44 016
-
41 045
-
social contributions
11 004
-
10 261
-
health
3 961
-
3 694
-
total
14 965
-
13 955
-
Corporate
-
55 000
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
6 682
-
-
total
-
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 050
17 132
27 089
28 212
After tax
25 950
37 868
27 911
26 788
Living cost
29 931
29 931
29 931
29 931
Free-cash
-3 981
7 937
-2 020
-3 143

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽880
-₽3172
-₽1550
-₽10627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
220
income
-
-
-
3 292
pensions
-
-
-
10 175
unemployment
-
-
-
6 233
health
-
-
-
4 208
surtax
-
-
-
-
total
-
-
-
24 128
Employee
44 424
40 499
42 709
-
other
444
405
426
-
health
1 718
1 568
1 653
-
income
3 957
2 987
3 468
-
pensions
4 549
4 146
4 374
-
unemployment
1 333
1 215
1 281
-
total
12 001
10 321
11 202
-
Employer
44 424
40 499
42 709
-
accident
577
526
555
-
other
2 110
1 923
2 029
-
chamber of commerce
177
162
172
-
unemployment
1 333
1 215
1 281
-
surtax
-
-
-
-
pensions
5 575
5 084
5 359
-
payroll
1 333
1 215
1 281
-
health
1 680
1 531
1 614
-
total
12 785
11 656
12 291
-
Corporate
3 857
3 857
38 852
-
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.

964
964
9 712
-
total
964
964
9 712
-
Dividends
-
1 880
-
-
withholding
-
517
-
-
total
-
517
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 750
23 458
33 205
24 128
After tax
29 250
31 542
21 795
30 872
Living cost
32 422
32 422
32 422
32 422
Free-cash
-3 172
-880
-10 627
-1 550

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37817
₽35110
₽40017
₽29567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 042
-
55 000
-
income
3 609
-
11 000
-
total
3 609
-
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%.

36 958
55 000
-
-
total
-
-
-
-
Dividends
36 958
55 000
-
-
withholding
1 848
2 750
-
-
total
1 848
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
5 457
2 750
11 000
550
After tax
49 543
52 250
44 000
54 450
Living cost
14 433
14 433
14 433
14 433
Free-cash
35 110
37 817
29 567
40 017

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10609
₽2109
₽3243
₽1505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
55 000
income
-
-
-
8 961
pensions
-
-
-
10 044
unemployment
-
-
-
83
health
-
-
-
5 411
total
-
-
-
24 499
Employee

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

44 939
-
47 589
-
health
2 902
-
3 074
-
income
7 750
-
8 307
-
pensions
6 966
-
7 377
-
unemployment
64
-
67
-
total
17 682
-
18 825
-
Employer

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

44 939
-
47 589
-
unemployment
27
-
29
-
pensions
3 977
-
4 212
-
health
2 993
-
3 171
-
total
6 997
-
7 412
-
Corporate
3 064
55 000
-
-
income
582
10 451
-
-
total
582
10 451
-
-
Dividends
2 482
44 549
-
-
withholding
372
6 682
-
-
total
372
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 633
17 133
26 237
24 499
After tax
29 367
37 867
28 763
30 501
Living cost
27 258
27 258
27 258
27 258
Free-cash
2 109
10 609
1 505
3 243

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10441
-₽96712
-₽5894
-₽2289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 721
social contributions
-
-
-
6 270
total
-
-
-
16 991
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
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
107 809
21 538
13 386
16 991
After tax
-52 809
33 462
41 614
38 009
Living cost
43 903
43 903
43 903
43 903
Free-cash
-96 712
-10 441
-2 289
-5 894

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽592
-₽2841
-₽1
-₽1328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
55 000
income
-
-
-
4 012
surtax
-
-
-
-
social contributions

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

-
-
-
19 112
total
-
-
-
23 124
Employee
46 740
-
44 445
-
social contributions
5 141
-
4 889
-
surtax
-
-
-
-
income
9 722
-
9 007
-
total
14 863
-
13 896
-
Employer
46 740
-
44 445
-
social contributions
11 101
-
10 555
-
total
11 101
-
10 555
-
Corporate
-
55 000
-
-
surtax
-
-
-
-
income
-
11 550
-
-
total
-
11 550
-
-
Dividends
-
43 450
-
-
withholding
-
12 165
-
-
total
-
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 964
23 715
24 451
23 124
After tax
29 036
31 285
30 549
31 876
Living cost
31 877
31 877
31 877
31 877
Free-cash
-2 841
-592
-1 328
-1

Estimated living cost  is ₽31877 per week

₽23850
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.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21363
-₽28529
-₽16046
-₽15484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
2 293
pensions
-
-
-
15 922
other
-
-
-
1 705
health
-
-
-
476
surtax
-
-
-
-
social contributions
-
-
-
1 566
total
-
-
-
21 962
Employee
63 650
-
41 911
-
social contributions
1 813
-
1 194
-
surtax
-
-
-
-
income
5 554
-
2 376
-
pensions
7 199
-
4 742
-
total
14 566
-
8 312
-
Employer
63 650
-
41 911
-
other
2 197
-
1 446
-
social contributions
191
-
125
-
unemployment
2 578
-
1 697
-
pensions
10 458
-
6 887
-
health
4 455
-
2 933
-
total
19 879
-
13 088
-
Corporate
-
55 000
-
-
surtax
-
-
-
-
income
-
15 399
-
-
total
-
15 399
-
-
Dividends
-
39 601
-
-
surtax
-
-
-
-
social contributions
-
6 812
-
-
withholding
-
5 068
-
-
total
-
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
34 445
27 279
21 400
21 962
After tax
20 555
27 721
33 600
33 038
Living cost
49 084
49 084
49 084
49 084
Free-cash
-28 529
-21 363
-15 484
-16 046

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18952
₽15539
₽12352
₽13976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
-
social contributions
-
-
-
12 100
total
-
-
-
12 100
Employee
32 672
-
47 619
-
income
-
-
-
-
social contributions
2 123
-
3 095
-
total
2 123
-
3 095
-
Employer
32 672
-
47 619
-
social contributions
5 064
-
7 381
-
total
5 064
-
7 381
-
Corporate
17 264
55 000
-
-
income
1 726
5 500
-
-
total
1 726
5 500
-
-
Dividends
15 538
49 500
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
8 913
5 500
10 476
12 100
After tax
46 087
49 500
44 524
42 900
Living cost
30 548
30 548
30 548
30 548
Free-cash
15 539
18 952
13 976
12 352

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽166402
-₽166402
-₽13021
-₽166402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 750
pensions
-
-
-
881
national
-
-
-
5 122
labour market
-
-
-
4 329
total
-
-
-
19 082
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
172 463
172 463
172 463
19 082
After tax
-117 463
-117 463
-117 463
35 918
Living cost
48 939
48 939
48 939
48 939
Free-cash
-166 402
-166 402
-166 402
-13 021

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17413
₽1102
₽16172
₽7177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
255
income
-
-
-
9 933
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
16 960
Employee
34 400
-
45 688
-
health
3 939
-
5 232
-
income
4 719
-
6 268
-
pensions
3 874
-
5 144
-
total
12 532
-
16 644
-
Employer
34 400
-
45 688
-
accident
574
-
763
-
unemployment
843
-
1 119
-
pensions
5 593
-
7 429
-
total
7 010
-
9 311
-
Corporate
13 589
55 000
-
-
income

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

12 230
49 500
-
-
total
12 230
49 500
-
-
Dividends
1 359
5 500
-
-
withholding
258
1 045
-
-
total
258
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 030
50 545
25 955
16 960
After tax
22 970
4 455
29 045
38 040
Living cost
21 868
21 868
21 868
21 868
Free-cash
1 102
-17 413
7 177
16 172

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽957
-₽8555
₽4086
-₽4936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 824
health
-
-
-
422
national
-
-
-
1 651
total
-
-
-
11 897
Employee
53 468
-
46 268
-
health
399
-
289
-
municipal
8 758
-
7 589
-
pensions
3 608
-
3 122
-
unemployment
802
-
694
-
national
883
-
494
-
total
14 450
-
12 188
-
Employer
53 468
-
46 268
-
accident
54
-
46
-
unemployment
347
-
301
-
pensions
9 276
-
8 027
-
health
411
-
357
-
total
10 088
-
8 731
-
Corporate
-
55 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends

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

-
33 000
-
-
national
-
-
-
-
municipal
-
5 940
-
-
total
-
5 940
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 538
16 940
20 919
11 897
After tax
30 462
38 060
34 081
43 103
Living cost
39 017
39 017
39 017
39 017
Free-cash
-8 555
-957
-4 936
4 086

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8490
₽11466
₽20006
₽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
-
-
-
55 000
income
-
-
-
1 483
health
-
-
-
1 402
social contributions
-
-
-
8 580
total
-
-
-
11 465
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
4 144
-
health
606
1 329
849
-
income
8 509
7 234
8 079
-
total
12 070
15 049
13 072
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
4 144
-
health
658
1 446
924
-
total
3 613
7 932
5 068
-
Corporate
15 790
-
-
-
income
1 973
-
-
-
total
1 973
-
-
-
Dividends
13 817
-
-
-
withholding
2 349
-
-
-
total
2 349
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 005
22 981
18 140
11 465
After tax
34 995
32 019
36 860
43 535
Living cost
23 529
23 529
23 529
23 529
Free-cash
11 466
8 490
13 331
20 006

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29409
₽24241
₽24121
₽17953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
55 000
income
-
-
-
4 573
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
14 744
Employee

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

23 327
-
49 864
-
health
1 983
-
4 239
-
income
1 595
-
3 809
-
pensions
3 498
-
7 479
-
unemployment
116
-
249
-
total
7 192
-
15 776
-
Employer

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

23 327
-
49 864
-
unemployment
116
-
249
-
pensions
1 282
-
2 742
-
health
1 003
-
2 145
-
total
2 401
-
5 136
-
Corporate
29 272
55 000
-
-
income
2 634
4 951
-
-
total
2 634
4 951
-
-
Dividends
26 638
50 049
-
-
withholding
2 397
4 505
-
-
total
2 397
4 505
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 624
9 456
20 912
14 744
After tax
40 376
45 544
34 088
40 256
Living cost
16 135
16 135
16 135
16 135
Free-cash
24 241
29 409
17 953
24 121

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9217
₽3749
₽2512
₽2934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
496
income
-
-
-
8 039
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
386
total
-
-
-
24 542
Employee
37 577
-
41 705
-
other
37
-
42
-
income
7 245
-
8 180
-
pensions
1 767
-
1 959
-
unemployment
582
-
646
-
total
9 631
-
10 827
-
Employer
37 577
-
41 705
-
accident
744
-
825
-
other
301
-
334
-
unemployment
2 067
-
2 293
-
pensions
8 867
-
9 841
-
total
11 979
-
13 293
-
Corporate
5 443
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.

816
8 250
-
-
total
816
8 250
-
-
Dividends
4 627
46 750
-
-
withholding
879
9 587
-
-
total
879
9 587
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 305
17 837
24 120
24 542
After tax
31 695
37 163
30 880
30 458
Living cost
27 946
27 946
27 946
27 946
Free-cash
3 749
9 217
2 934
2 512

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31539
₽31083
₽31335
₽31138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
17 384
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
20 884
Employee
4 236
-
52 718
-
health
212
-
507
-
income
820
-
17 277
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
18 798
-
Employer
4 236
-
52 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
49 810
55 000
-
-
income
10 958
12 100
-
-
total
10 958
12 100
-
-
Dividends
38 852
42 900
-
-
withholding
7 770
8 580
-
-
total
7 770
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 136
20 680
21 081
20 884
After tax
33 864
34 320
33 919
34 116
Living cost
2 781
2 781
2 781
2 781
Free-cash
31 083
31 539
31 138
31 335

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22179
₽17182
₽9752
₽12120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 000
income
-
-
-
6 900
pensions
-
-
-
14 300
unemployment
-
-
-
825
health
-
-
-
5 665
total
-
-
-
27 690
Employee

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

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

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

26 477
-
46 650
-
health
1 364
-
2 402
-
income
3 650
-
7 689
-
pensions
3 707
-
6 531
-
unemployment
199
-
350
-
total
8 920
-
16 972
-
Employer

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

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

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

26 477
-
46 650
-
unemployment
199
-
350
-
pensions
3 177
-
5 598
-
health
1 364
-
2 402
-
total
4 740
-
8 350
-
Corporate
23 784
55 000
-
-
income
3 568
8 250
-
-
total
3 568
8 250
-
-
Dividends
20 216
46 750
-
-
withholding
3 032
7 013
-
-
total
3 032
7 013
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 260
15 263
25 322
27 690
After tax
34 740
39 737
29 678
27 310
Living cost
17 558
17 558
17 558
17 558
Free-cash
17 182
22 179
12 120
9 752

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3887
₽3520
₽4478
₽3151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
55 000
income
-
-
-
4 012
surtax
-
-
-
-
social contributions

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

-
-
-
19 112
total
-
-
-
23 124
Employee
39 443
-
44 445
-
social contributions
4 339
-
4 889
-
surtax
-
-
-
-
income
7 707
-
9 007
-
total
12 046
-
13 896
-
Employer
39 443
-
44 445
-
social contributions
9 367
-
10 555
-
total
9 367
-
10 555
-
Corporate
6 190
55 000
-
-
surtax
-
-
-
-
income
1 300
11 550
-
-
total
1 300
11 550
-
-
Dividends
4 890
43 450
-
-
withholding
1 369
12 165
-
-
total
1 369
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 082
23 715
24 451
23 124
After tax
30 918
31 285
30 549
31 876
Living cost
27 398
27 398
27 398
27 398
Free-cash
3 520
3 887
3 151
4 478

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1447
-₽9730
-₽5258
-₽4836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
496
income
-
-
-
8 039
pensions
-
-
-
15 565
other
-
-
-
56
unemployment
-
-
-
386
total
-
-
-
24 542
Employee
49 081
-
41 705
-
other
48
-
42
-
income
10 251
-
8 180
-
pensions
2 307
-
1 959
-
unemployment
760
-
646
-
total
13 366
-
10 827
-
Employer
49 081
-
41 705
-
accident
972
-
825
-
other
393
-
334
-
unemployment
2 700
-
2 293
-
pensions
11 583
-
9 841
-
total
15 648
-
13 293
-
Corporate
-
55 000
-
-
income

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

-
8 250
-
-
total
-
8 250
-
-
Dividends
-
46 750
-
-
withholding
-
9 587
-
-
total
-
9 587
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 014
17 837
24 120
24 542
After tax
25 986
37 163
30 880
30 458
Living cost
35 716
35 716
35 716
35 716
Free-cash
-9 730
1 447
-4 836
-5 258

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
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.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29546
₽23354
₽19794
₽20616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 250
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
17 727
Employee
23 145
-
48 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
4 803
-
pensions

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

2 032
-
3 116
-
total
5 666
-
9 942
-
Employer
23 145
-
48 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
27 314
55 000
-
-
income
2 731
5 500
-
-
total
2 731
5 500
-
-
Dividends
24 583
49 500
-
-
withholding
1 229
2 475
-
-
total
1 229
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 167
7 975
16 905
17 727
After tax
40 833
47 025
38 095
37 273
Living cost
17 479
17 479
17 479
17 479
Free-cash
23 354
29 546
20 616
19 794

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10725
₽2571
₽2008
₽3121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 113
income

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

-
-
-
5 404
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.

-
-
-
6 943
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.

-
-
-
297
total
-
-
-
13 757
Employee

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

50 565
-
55 000
-
health

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

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

6 943
-
6 943
-
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.

229
-
297
-
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.

4 158
-
5 404
-
total
11 330
-
12 644
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 435
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.

37
453
-
-
income
665
8 250
-
-
trade
636
7 892
-
-
chamber of commerce
160
235
-
-
total
1 498
16 830
-
-
Dividends
2 936
38 170
-
-
surtax

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

19
503
-
-
withholding
347
9 157
-
-
total
366
9 660
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 194
26 490
12 644
13 757
After tax
41 806
28 510
42 356
41 243
Living cost
39 235
39 235
39 235
39 235
Free-cash
2 571
-10 725
3 121
2 008

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19391
-₽24495
-₽14618
-₽14618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
7 818
social contributions
-
-
-
3 909
total
-
-
-
11 727
Employee
79 494
-
55 000
-
income
15 000
-
7 818
-
social contributions
6 604
-
3 909
-
total
21 604
-
11 727
-
Employer
79 494
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
6 875
-
-
total
-
6 875
-
-
Dividends
-
48 125
-
-
withholding
-
9 625
-
-
total
-
9 625
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 604
16 500
11 727
11 727
After tax
33 396
38 500
43 273
43 273
Living cost
57 891
57 891
57 891
57 891
Free-cash
-24 495
-19 391
-14 618
-14 618

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6504
-₽623
-₽17630
₽2776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
55 000
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
50 325
-
income
5 059
-
5 984
-
social contributions
4 671
-
4 675
-
total
9 730
-
10 659
-
Employer
46 620
-
50 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
3 709
55 000
-
-
income
1 298
19 251
-
-
total
1 298
19 251
-
-
Dividends
2 411
35 749
-
-
social contributions
3 034
5 363
-
-
total
3 034
5 363
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 733
24 614
15 334
35 740
After tax
36 267
30 386
39 666
19 260
Living cost
36 890
36 890
36 890
36 890
Free-cash
-623
-6 504
2 776
-17 630

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3215
-₽3411
₽3413
-₽2026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
10 351
pensions
-
-
-
3 242
total
-
-
-
13 593
Employee
52 152
-
49 204
-
health
680
-
619
-
income
9 497
-
8 990
-
pensions
3 980
-
3 627
-
total
14 157
-
13 236
-
Employer
52 152
-
49 204
-
pensions
5 269
-
4 861
-
health
991
-
935
-
total
6 260
-
5 796
-
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
-
3 341
-
-
total
-
3 341
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 417
13 791
19 032
13 593
After tax
34 583
41 209
35 968
41 407
Living cost
37 994
37 994
37 994
37 994
Free-cash
-3 411
3 215
-2 026
3 413

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19578
₽768
₽14007
₽5012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
255
income
-
-
-
9 933
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
16 960
Employee
37 806
-
45 688
-
health
4 329
-
5 232
-
income
5 187
-
6 268
-
pensions
4 257
-
5 144
-
total
13 773
-
16 644
-
Employer
37 806
-
45 688
-
accident
631
-
763
-
unemployment
926
-
1 119
-
pensions
6 147
-
7 429
-
total
7 704
-
9 311
-
Corporate
9 490
55 000
-
-
income

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

8 541
49 500
-
-
total
8 541
49 500
-
-
Dividends
949
5 500
-
-
withholding
181
1 045
-
-
total
181
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
30 199
50 545
25 955
16 960
After tax
24 801
4 455
29 045
38 040
Living cost
24 033
24 033
24 033
24 033
Free-cash
768
-19 578
5 012
14 007

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽33055
₽28125
₽18981
₽18981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
275
health insurance
-
-
-
4 070
income
-
-
-
7 199
pensions
-
-
-
10 120
unemployment
-
-
-
660
total
-
-
-
22 324
Employee

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

21 911
-
55 000
-
work injury
110
-
275
-
income
2 191
-
7 199
-
pensions
4 032
-
10 120
-
health insurance
1 621
-
4 070
-
unemployment
263
-
660
-
total
8 217
-
22 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 089
55 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
33 089
55 000
-
-
withholding
4 963
8 250
-
-
total
4 963
8 250
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 180
8 250
22 324
22 324
After tax
41 820
46 750
32 676
32 676
Living cost
13 695
13 695
13 695
13 695
Free-cash
28 125
33 055
18 981
18 981

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11517
-₽30637
-₽10699
-₽13753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
368
regional
-
-
-
826
national
-
-
-
9 874
social contributions
-
-
-
14 146
total
-
-
-
25 214
Employee
85 636
-
55 000
-
social contributions
28 876
-
18 547
-
regional
1 293
-
707
-
municipal
511
-
328
-
national
14 472
-
8 686
-
total
45 152
-
28 268
-
Employer
85 636
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 201
-
-
municipal
-
2 652
-
-
total
-
15 853
-
-
Dividends
-
39 147
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
55 000
55 000
55 000
55 000
Total tax
45 152
26 032
28 268
25 214
After tax
9 848
28 968
26 732
29 786
Living cost
40 485
40 485
40 485
40 485
Free-cash
-30 637
-11 517
-13 753
-10 699

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close