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
-₽500
₽13610
₽11819
₽9882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 000
income

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

-
-
-
6 218
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.

-
-
-
342
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.

-
-
-
6 410
trade
-
-
-
1 791
total
-
-
-
14 761
Employee

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

35 888
-
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.

55
-
342
-
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.

1 002
-
6 218
-
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.

6 410
-
6 410
-
total
7 467
-
12 970
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 112
55 000
-
-
income
2 867
8 250
-
-
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.

158
454
-
-
chamber of commerce
169
221
-
-
trade
3 009
8 663
-
-
total
6 203
17 588
-
-
Dividends
12 908
37 413
-
-
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.

158
495
-
-
withholding
2 870
8 997
-
-
total
3 028
9 492
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 698
27 080
12 970
14 761
After tax
38 302
27 920
42 030
40 239
Living cost
28 420
28 420
28 420
28 420
Free-cash
9 882
-500
13 610
11 819

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15636
-₽14936
-₽15367
-₽29468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
591
municipal
-
-
-
5 185
national
-
-
-
8 035
pensions
-
-
-
6 600
total
-
-
-
20 411
Employee
77 442
-
47 547
-
municipal
9 565
-
5 398
-
pensions
3 098
-
1 902
-
national
14 822
-
8 365
-
total
27 485
-
15 665
-
Employer
77 442
-
47 547
-
pensions
6 195
-
3 804
-
social contributions
832
-
511
-
total
7 027
-
4 315
-
Corporate
-
55 000
-
-
income

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

-
11 000
-
-
total
-
11 000
-
-
Dividends
-
44 000
-
-
withholding
-
9 680
-
-
total
-
9 680
-
-
Income
55 000
55 000
55 000
55 000
Total tax
34 512
20 680
19 980
20 411
After tax
20 488
34 320
35 020
34 589
Living cost
49 956
49 956
49 956
49 956
Free-cash
-29 468
-15 636
-14 936
-15 367

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24478
₽11924
₽24275
₽16783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
55 000
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 954
microenterprise
-
-
-
8 250
total
-
-
-
11 204
Employee
27 418
-
44 322
-
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.

3 016
-
4 875
-
income
4 881
-
8 003
-
total
7 897
-
12 878
-
Employer
27 418
-
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.

6 604
-
10 677
-
surtax
-
-
-
-
total
6 604
-
10 677
-
Corporate
20 978
55 000
-
-
income

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

4 195
11 001
-
-
total
4 195
11 001
-
-
Dividends

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

16 783
43 999
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 696
11 001
23 555
11 204
After tax
36 304
43 999
31 445
43 796
Living cost
19 521
19 521
19 521
19 521
Free-cash
16 783
24 478
11 924
24 275

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32909
-₽38177
-₽7873
-₽38177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 222
health
-
-
-
8 444
pensions
-
-
-
9 900
total
-
-
-
23 566
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
53 870
48 602
53 870
23 566
After tax
1 130
6 398
1 130
31 434
Living cost
39 307
39 307
39 307
39 307
Free-cash
-38 177
-32 909
-38 177
-7 873

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7454
-₽8114
-₽10067
-₽15193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
accident
-
-
-
110
other
-
-
-
6 391
unemployment
-
-
-
55
health
-
-
-
3 432
municipal
-
-
-
11 650
national
-
-
-
-
pensions
-
-
-
5 945
total
-
-
-
27 583
Employee
53 411
-
41 850
-
municipal
15 927
-
12 480
-
national
-
-
-
-
total
15 927
-
12 480
-
Employer
53 411
-
41 850
-
health
3 285
-
2 574
-
pensions
5 774
-
4 524
-
accident
107
-
84
-
unemployment
1 410
-
1 105
-
other
6 206
-
4 863
-
total
16 782
-
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
32 709
24 970
25 630
27 583
After tax
22 291
30 030
29 370
27 417
Living cost
37 484
37 484
37 484
37 484
Free-cash
-15 193
-7 454
-8 114
-10 067

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9224
₽5169
₽3298
₽3960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 000
income

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

-
-
-
6 218
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.

-
-
-
342
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.

-
-
-
6 410
trade
-
-
-
1 871
total
-
-
-
14 841
Employee

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

47 583
-
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.

224
-
342
-
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.

4 088
-
6 218
-
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.

6 410
-
6 410
-
total
10 722
-
12 970
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 417
55 000
-
-
income
1 113
8 250
-
-
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.

61
454
-
-
chamber of commerce
153
221
-
-
trade
1 220
9 047
-
-
total
2 547
17 972
-
-
Dividends
4 870
37 028
-
-
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.

48
490
-
-
withholding
862
8 901
-
-
total
910
9 391
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 179
27 363
12 970
14 841
After tax
40 821
27 637
42 030
40 159
Living cost
36 860
36 860
36 860
36 860
Free-cash
3 960
-9 224
5 169
3 298

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3349
₽7162
₽12524
₽6158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 058
social contributions
-
-
-
8 581
health
-
-
-
1 403
total
-
-
-
12 042
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
4 143
-
income
7 576
6 679
7 345
-
health
718
1 227
849
-
total
11 800
13 894
12 337
-
Employer
72 151
72 151
72 151
-
health
782
1 335
924
-
social contributions
3 506
5 988
4 143
-
total
4 288
7 323
5 067
-
Corporate
8 478
-
-
-
income
1 059
-
-
-
total
1 059
-
-
-
Dividends
7 419
-
-
-
withholding
1 261
-
-
-
total
1 261
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 408
21 217
17 404
12 042
After tax
36 592
33 783
37 596
42 958
Living cost
30 434
30 434
30 434
30 434
Free-cash
6 158
3 349
7 162
12 524

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14306
₽15066
₽21284
₽14655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
46 025
-
unemployment
364
145
690
-
pensions
2 428
966
4 603
-
income
2 968
1 181
5 627
-
health
1 699
676
3 222
-
total
7 459
2 968
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.

24 275
9 661
46 025
-
pensions
4 734
1 884
8 975
-
total
4 734
1 884
8 975
-
Corporate
25 991
43 455
-
-
income
2 339
3 911
-
-
total
2 339
3 911
-
-
Dividends
23 652
39 544
-
-
social contributions
4 502
7 601
-
-
withholding
4 494
7 513
-
-
total
8 996
15 114
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 528
23 877
23 117
16 899
After tax
31 472
31 123
31 883
38 101
Living cost
16 817
16 817
16 817
16 817
Free-cash
14 655
14 306
15 066
21 284

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21335
₽9619
₽7706
₽15507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 480
health
-
-
-
7 149
pensions
-
-
-
11 001
total
-
-
-
24 630
Employee
26 618
-
41 106
-
unemployment
426
-
657
-
pensions
532
-
823
-
income
2 997
-
7 343
-
total
3 955
-
8 823
-
Employer
26 618
-
41 106
-
health
3 460
-
5 344
-
pensions
5 324
-
8 221
-
unemployment
214
-
329
-
total
8 998
-
13 894
-
Corporate
19 384
55 000
-
-
income
3 876
11 001
-
-
total
3 876
11 001
-
-
Dividends
15 508
43 999
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 829
11 001
22 717
24 630
After tax
38 171
43 999
32 283
30 370
Living cost
22 664
22 664
22 664
22 664
Free-cash
15 507
21 335
9 619
7 706

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16493
₽8097
₽17056
₽1243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 364
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
16 996
Employee
32 952
-
45 689
-
pensions
3 710
-
5 144
-
income
4 521
-
6 268
-
health
3 773
-
5 232
-
total
12 004
-
16 644
-
Employer
32 952
-
45 689
-
pensions
5 358
-
7 429
-
accident
550
-
763
-
unemployment
807
-
1 119
-
total
6 715
-
9 311
-
Corporate
15 332
55 000
-
-
income

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

13 799
49 500
-
-
total
13 799
49 500
-
-
Dividends
1 533
5 500
-
-
withholding
291
1 045
-
-
total
291
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
32 809
50 545
25 955
16 996
After tax
22 191
4 455
29 045
38 004
Living cost
20 948
20 948
20 948
20 948
Free-cash
1 243
-16 493
8 097
17 056

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44689
₽36439
₽46889
₽43271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
9 450
-
55 000
-
income
1 890
-
11 000
-
total
1 890
-
11 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

45 550
55 000
-
-
total
-
-
-
-
Dividends
45 550
55 000
-
-
withholding
2 278
2 750
-
-
total
2 278
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 168
2 750
11 000
550
After tax
50 832
52 250
44 000
54 450
Living cost
7 561
7 561
7 561
7 561
Free-cash
43 271
44 689
36 439
46 889

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15406
₽7237
₽4781
₽9072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
6 985
other
-
-
-
2 612
health
-
-
-
2 420
pensions

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

-
-
-
13 200
total
-
-
-
25 217
Employee
34 069
-
43 930
-
unemployment
340
-
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.

2 384
-
3 075
-
income
5 865
-
7 562
-
health
477
-
614
-
total
9 066
-
11 691
-
Employer
34 069
-
43 930
-
health
477
-
614
-
pensions

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

5 792
-
7 468
-
accident
272
-
351
-
unemployment
340
-
440
-
other
1 704
-
2 197
-
total
8 585
-
11 070
-
Corporate
12 345
55 000
-
-
income
2 593
11 551
-
-
total
2 593
11 551
-
-
Dividends
9 752
43 449
-
-
withholding
682
3 041
-
-
total
682
3 041
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 926
14 592
22 761
25 217
After tax
34 074
40 408
32 239
29 783
Living cost
25 002
25 002
25 002
25 002
Free-cash
9 072
15 406
7 237
4 781

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21477
-₽26995
-₽21394
-₽45846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 323
pensions
-
-
-
3 385
total
-
-
-
13 708
Employee
88 691
-
49 063
-
pensions
8 556
-
3 800
-
income
15 987
-
8 922
-
health
1 461
-
650
-
total
26 004
-
13 372
-
Employer
88 691
-
49 063
-
health
1 684
-
933
-
pensions
10 472
-
5 004
-
total
12 156
-
5 937
-
Corporate
-
55 000
-
-
income

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

-
10 449
-
-
total
-
10 449
-
-
Dividends
-
44 551
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
38 160
13 791
19 309
13 708
After tax
16 840
41 209
35 691
41 292
Living cost
62 686
62 686
62 686
62 686
Free-cash
-45 846
-21 477
-26 995
-21 394

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34726
₽26671
₽25702
₽30370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 250
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
16 999
Employee
16 286
-
48 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
4 857
-
health
749
-
1 507
-
total
3 986
-
9 601
-
Employer
16 286
-
48 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
35 518
55 000
-
-
income
3 552
5 500
-
-
total
3 552
5 500
-
-
Dividends
31 967
49 500
-
-
withholding
1 598
2 475
-
-
total
1 598
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 331
7 975
16 030
16 999
After tax
42 669
47 025
38 970
38 001
Living cost
12 299
12 299
12 299
12 299
Free-cash
30 370
34 726
26 671
25 702

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45632
-₽50900
-₽20596
-₽47223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 222
health
-
-
-
8 444
pensions
-
-
-
9 900
total
-
-
-
23 566
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
50 193
48 602
53 870
23 566
After tax
4 807
6 398
1 130
31 434
Living cost
52 030
52 030
52 030
52 030
Free-cash
-47 223
-45 632
-50 900
-20 596

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14856
₽4900
₽3777
₽6647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
4 727
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
health
-
-
-
7 425
total
-
-
-
28 212
Employee
33 839
-
41 045
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
2 668
-
income
4 061
-
4 925
-
health
4 568
-
5 541
-
total
10 829
-
13 134
-
Employer
33 839
-
41 045
-
health
3 045
-
3 694
-
social contributions
8 460
-
10 261
-
total
11 505
-
13 955
-
Corporate
9 656
55 000
-
-
income
1 835
10 450
-
-
total
1 835
10 450
-
-
Dividends
7 821
44 550
-
-
withholding
1 173
6 683
-
-
total
1 173
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 342
17 133
27 089
28 212
After tax
29 658
37 867
27 911
26 788
Living cost
23 011
23 011
23 011
23 011
Free-cash
6 647
14 856
4 900
3 777

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10249
-₽12689
-₽9582
-₽28391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 145
regional
-
-
-
553
municipal
-
-
-
328
national
-
-
-
9 963
total
-
-
-
24 989
Employee
83 391
-
55 000
-
municipal
442
-
292
-
national
14 450
-
8 775
-
regional
787
-
482
-
social contributions
28 119
-
18 547
-
total
43 798
-
28 096
-
Employer
83 391
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
municipal
-
2 146
-
-
nationa
-
13 200
-
-
total
-
15 346
-
-
Dividends
-
39 655
-
-
withholding
-
10 310
-
-
total
-
10 310
-
-
Income
55 000
55 000
55 000
55 000
Total tax
43 798
25 656
28 096
24 989
After tax
11 202
29 344
26 904
30 011
Living cost
39 593
39 593
39 593
39 593
Free-cash
-28 391
-10 249
-12 689
-9 582

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13889
₽9103
₽10288
₽10972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 360
other
-
-
-
-
surtax
-
-
-
527
unemployment
-
-
-
214
health
-
-
-
3 905
pensions
-
-
-
11 001
total
-
-
-
24 007
Employee
31 029
-
45 436
-
other
-
-
-
-
unemployment
2 160
-
3 162
-
pensions
2 069
-
3 031
-
surtax
101
-
436
-
income
5 201
-
7 840
-
health
792
-
1 159
-
total
10 323
-
15 628
-
Employer
31 029
-
45 436
-
health
1 412
-
2 067
-
pensions
4 136
-
6 056
-
unemployment
983
-
1 441
-
other
-
-
-
-
total
6 531
-
9 564
-
Corporate
17 440
55 000
-
-
income
4 533
14 300
-
-
total
4 533
14 300
-
-
Dividends
12 906
40 700
-
-
withholding
1 936
6 106
-
-
total
1 936
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 323
20 406
25 192
24 007
After tax
31 677
34 594
29 808
30 993
Living cost
20 705
20 705
20 705
20 705
Free-cash
10 972
13 889
9 103
10 288

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1616
-₽7134
-₽1533
-₽12001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 323
pensions
-
-
-
3 385
total
-
-
-
13 708
Employee
59 438
-
49 063
-
pensions
5 045
-
3 800
-
income
10 705
-
8 922
-
health
863
-
650
-
total
16 613
-
13 372
-
Employer
59 438
-
49 063
-
health
1 129
-
933
-
pensions
6 434
-
5 004
-
total
7 563
-
5 937
-
Corporate
-
55 000
-
-
income

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

-
10 449
-
-
total
-
10 449
-
-
Dividends
-
44 551
-
-
withholding
-
3 342
-
-
total
-
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 176
13 791
19 309
13 708
After tax
30 824
41 209
35 691
41 292
Living cost
42 825
42 825
42 825
42 825
Free-cash
-12 001
-1 616
-7 134
-1 533

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48935
-₽30217
-₽27430
-₽39958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
other

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

-
-
-
1 100
regional
-
-
-
1 201
health
-
-
-
242
city
-
-
-
578
national
-
-
-
162
pensions
-
-
-
5 061
total
-
-
-
8 344
Employee
86 700
-
49 227
-
unemployment
-
-
-
-
pensions
7 284
-
4 135
-
national
410
-
129
-
regional
2 839
-
999
-
city
930
-
529
-
health
196
-
110
-
total
11 659
-
5 902
-
Employer
86 700
-
49 227
-
health
196
-
110
-
pensions
7 284
-
4 135
-
unemployment
-
-
-
-
other

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

1 733
-
984
-
total
9 213
-
5 229
-
Corporate
-
55 000
-
-
regional
-
11 632
-
-
national
-
4 675
-
-
total
-
16 307
-
-
Dividends
-
38 693
-
-
withholding
-
13 542
-
-
total
-
13 542
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 872
29 849
11 131
8 344
After tax
34 128
25 151
43 869
46 656
Living cost
74 086
74 086
74 086
74 086
Free-cash
-39 958
-48 935
-30 217
-27 430

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15628
-₽954
-₽2906
-₽1390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 000
income

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

-
-
-
6 218
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.

-
-
-
342
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.

-
-
-
6 410
trade
-
-
-
1 952
total
-
-
-
14 922
Employee

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

56 390
-
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.

365
-
342
-
income

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

6 631
-
6 218
-
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.

6 410
-
6 410
-
total
13 406
-
12 970
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
8 250
-
-
surtax

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

-
454
-
-
chamber of commerce
-
219
-
-
trade
-
9 432
-
-
total
-
18 355
-
-
Dividends
-
36 645
-
-
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.

-
484
-
-
withholding
-
8 805
-
-
total
-
9 289
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 406
27 644
12 970
14 922
After tax
41 594
27 356
42 030
40 078
Living cost
42 984
42 984
42 984
42 984
Free-cash
-1 390
-15 628
-954
-2 906

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4383
₽1293
₽830
₽1156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 516
other
-
-
-
1 706
surtax
-
-
-
-
social contributions
-
-
-
1 567
health
-
-
-
477
pensions
-
-
-
15 801
total
-
-
-
22 067
Employee
40 158
-
41 911
-
pensions
4 541
-
4 738
-
surtax
-
-
-
-
social contributions
1 145
-
1 195
-
income
2 370
-
2 582
-
total
8 056
-
8 515
-
Employer
40 158
-
41 911
-
health
2 812
-
2 934
-
pensions
6 597
-
6 886
-
unemployment
1 626
-
1 697
-
social contributions
121
-
126
-
other
1 385
-
1 446
-
total
12 541
-
13 089
-
Corporate
2 301
55 000
-
-
income
645
15 400
-
-
surtax
-
-
-
-
total
645
15 400
-
-
Dividends
1 657
39 600
-
-
surtax
-
-
-
-
social contributions
287
6 811
-
-
withholding
212
5 069
-
-
total
499
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 741
27 280
21 604
22 067
After tax
33 259
27 720
33 396
32 933
Living cost
32 103
32 103
32 103
32 103
Free-cash
1 156
-4 383
1 293
830

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1202
₽4474
₽4011
₽4012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 516
other
-
-
-
1 706
surtax
-
-
-
-
social contributions
-
-
-
1 567
health
-
-
-
477
pensions
-
-
-
15 801
total
-
-
-
22 067
Employee
35 847
-
41 911
-
pensions
4 054
-
4 738
-
surtax
-
-
-
-
social contributions
1 022
-
1 195
-
income
1 848
-
2 582
-
total
6 924
-
8 515
-
Employer
35 847
-
41 911
-
health
2 509
-
2 934
-
pensions
5 890
-
6 886
-
unemployment
1 451
-
1 697
-
social contributions
107
-
126
-
other
1 238
-
1 446
-
total
11 195
-
13 089
-
Corporate
7 959
55 000
-
-
income
2 228
15 400
-
-
surtax
-
-
-
-
total
2 228
15 400
-
-
Dividends
5 731
39 600
-
-
surtax
-
-
-
-
social contributions
985
6 811
-
-
withholding
734
5 069
-
-
total
1 719
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 066
27 280
21 604
22 067
After tax
32 934
27 720
33 396
32 933
Living cost
28 922
28 922
28 922
28 922
Free-cash
4 012
-1 202
4 474
4 011

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13659
₽13035
₽15424
₽14146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 591
health
-
-
-
3 839
total
-
-
-
19 680
Employee
31 814
-
55 000
-
social contributions
4 391
-
7 591
-
income
5 306
-
10 639
-
health
2 220
-
3 839
-
total
11 917
-
22 069
-
Employer
31 814
-
55 000
-
total
-
-
-
-
Corporate
23 186
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%.

1 159
2 749
-
-
total
1 159
2 749
-
-
Dividends
22 027
52 251
-
-
social contributions
3 040
7 211
-
-
withholding
3 305
7 838
-
-
health
1 537
3 647
-
-
total
7 882
18 696
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 958
21 445
22 069
19 680
After tax
34 042
33 555
32 931
35 320
Living cost
19 896
19 896
19 896
19 896
Free-cash
14 146
13 659
13 035
15 424

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1578
-₽12056
-₽2706
-₽6461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 101
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
221
health
-
-
-
4 208
pensions
-
-
-
10 174
total
-
-
-
24 644
Employee
46 892
37 393
42 564
-
other
468
374
426
-
unemployment
1 407
1 122
1 277
-
pensions
4 802
3 828
4 359
-
income
5 338
2 758
4 097
-
health
1 814
1 448
1 647
-
total
13 829
9 530
11 806
-
Employer
46 892
37 393
42 564
-
chamber of commerce
187
150
171
-
health
1 772
1 414
1 610
-
pensions
5 885
4 694
5 342
-
accident
609
486
554
-
unemployment
1 407
1 122
1 277
-
surtax
185
185
185
-
payroll
1 407
1 122
1 277
-
other
2 228
1 775
2 021
-
total
13 680
10 948
12 437
-
Corporate
3 561
6 660
39 003
-
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.

890
1 665
9 751
-
total
890
1 665
9 751
-
Dividends
-
4 995
-
-
withholding
-
1 373
-
-
total
-
1 373
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 399
23 516
33 994
24 644
After tax
26 601
31 484
21 006
30 356
Living cost
33 062
33 062
33 062
33 062
Free-cash
-6 461
-1 578
-12 056
-2 706

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3226
-₽10671
-₽4818
-₽31654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
communal

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

-
-
-
2 911
social contributions
-
-
-
6 483
national
-
-
-
16 212
total
-
-
-
25 606
Employee

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

67 117
-
42 598
-
unemployment

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

584
-
370
-
communal

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

3 501
-
2 222
-
pensions

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

5 034
-
3 194
-
national
20 635
-
11 274
-
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.

3 153
-
2 001
-
total
32 907
-
19 061
-
Employer

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

67 117
-
42 598
-
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.

4 127
-
2 619
-
pensions

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

5 947
-
3 775
-
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.

872
-
554
-
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.

979
-
621
-
surtax
7 610
-
4 829
-
total
19 535
-
12 398
-
Corporate
-
55 000
-
-
income
-
11 001
-
-
surtax
-
221
-
-
total
-
11 222
-
-
Dividends
-
43 779
-
-
withholding

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

-
12 792
-
-
total
-
12 792
-
-
Income
55 000
55 000
55 000
55 000
Total tax
52 442
24 014
31 459
25 606
After tax
2 558
30 986
23 541
29 394
Living cost
34 212
34 212
34 212
34 212
Free-cash
-31 654
-3 226
-10 671
-4 818

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3259
-₽3278
-₽3669
-₽6594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
495
income
-
-
-
8 284
other
-
-
-
55
unemployment
-
-
-
385
pensions
-
-
-
15 564
total
-
-
-
24 783
Employee
46 707
-
41 704
-
other
46
-
41
-
unemployment
725
-
646
-
pensions
2 195
-
1 960
-
income
9 855
-
8 450
-
total
12 821
-
11 097
-
Employer
46 707
-
41 704
-
pensions
11 022
-
9 841
-
accident
924
-
826
-
unemployment
2 569
-
2 293
-
other
372
-
335
-
total
14 887
-
13 295
-
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
-
9 605
-
-
total
-
9 605
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 708
17 855
24 392
24 783
After tax
27 292
37 145
30 608
30 217
Living cost
33 886
33 886
33 886
33 886
Free-cash
-6 594
3 259
-3 278
-3 669

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16481
-₽13593
-₽14695
-₽24545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
communal
-
-
-
-
accident
-
-
-
495
income
-
-
-
2 374
surtax
-
-
-
2 911
health
-
-
-
4 124
pensions
-
-
-
8 800
total
-
-
-
18 704
Employee
71 057
-
49 129
-
pensions
5 684
-
3 930
-
surtax
4 355
-
3 011
-
income
6 863
-
2 603
-
health
3 162
-
2 187
-
total
20 064
-
11 731
-
Employer
71 057
-
49 129
-
health
2 167
-
1 499
-
pensions
5 684
-
3 930
-
accident
639
-
442
-
total
8 490
-
5 871
-
Corporate
-
55 000
-
-
communal
-
3 713
-
-
income
-
8 250
-
-
surtax
-
577
-
-
total
-
12 540
-
-
Dividends
-
42 461
-
-
income
-
1 581
-
-
withholding
-
6 369
-
-
total
-
7 950
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 554
20 490
17 602
18 704
After tax
26 446
34 510
37 398
36 296
Living cost
50 991
50 991
50 991
50 991
Free-cash
-24 545
-16 481
-13 593
-14 695

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13519
₽8733
₽9918
₽10536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 360
other
-
-
-
-
surtax
-
-
-
527
unemployment
-
-
-
214
health
-
-
-
3 905
pensions
-
-
-
11 001
total
-
-
-
24 007
Employee
31 599
-
45 436
-
other
-
-
-
-
unemployment
2 199
-
3 162
-
pensions
2 108
-
3 031
-
surtax
112
-
436
-
income
5 297
-
7 840
-
health
807
-
1 159
-
total
10 523
-
15 628
-
Employer
31 599
-
45 436
-
health
1 437
-
2 067
-
pensions
4 213
-
6 056
-
unemployment
1 002
-
1 441
-
other
-
-
-
-
total
6 652
-
9 564
-
Corporate
16 749
55 000
-
-
income
4 355
14 300
-
-
total
4 355
14 300
-
-
Dividends
12 393
40 700
-
-
withholding
1 859
6 106
-
-
total
1 859
6 106
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 389
20 406
25 192
24 007
After tax
31 611
34 594
29 808
30 993
Living cost
21 075
21 075
21 075
21 075
Free-cash
10 536
13 519
8 733
9 918

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3634
₽1370
₽4459
₽1550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 145
regional
-
-
-
829
municipal
-
-
-
328
national
-
-
-
9 963
total
-
-
-
25 265
Employee
52 049
-
55 000
-
municipal
276
-
292
-
national
8 246
-
8 775
-
regional
701
-
740
-
social contributions
17 551
-
18 547
-
total
26 774
-
28 354
-
Employer
52 049
-
55 000
-
total
-
-
-
-
Corporate
2 951
55 000
-
-
municipal
146
2 733
-
-
nationa
709
13 200
-
-
total
855
15 933
-
-
Dividends
2 096
39 067
-
-
withholding
545
10 157
-
-
total
545
10 157
-
-
Income
55 000
55 000
55 000
55 000
Total tax
28 174
26 090
28 354
25 265
After tax
26 826
28 910
26 646
29 735
Living cost
25 276
25 276
25 276
25 276
Free-cash
1 550
3 634
1 370
4 459

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9512
-₽444
-₽1567
-₽876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
4 727
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
health
-
-
-
7 425
total
-
-
-
28 212
Employee
41 699
-
41 045
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
2 668
-
income
5 004
-
4 925
-
health
5 629
-
5 541
-
total
13 343
-
13 134
-
Employer
41 699
-
41 045
-
health
3 753
-
3 694
-
social contributions
10 425
-
10 261
-
total
14 178
-
13 955
-
Corporate
-
55 000
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
44 550
-
-
withholding
-
6 683
-
-
total
-
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 521
17 133
27 089
28 212
After tax
27 479
37 867
27 911
26 788
Living cost
28 355
28 355
28 355
28 355
Free-cash
-876
9 512
-444
-1 567

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1649
-₽8887
₽606
₽937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 101
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
221
health
-
-
-
4 208
pensions
-
-
-
10 174
total
-
-
-
24 459
Employee
41 016
37 393
42 707
-
other
410
374
427
-
unemployment
1 230
1 122
1 282
-
pensions
4 200
3 828
4 373
-
income
3 654
2 758
4 138
-
health
1 587
1 448
1 652
-
total
11 081
9 530
11 872
-
Employer
41 016
37 393
42 707
-
chamber of commerce
164
150
171
-
health
1 551
1 414
1 615
-
pensions
5 148
4 694
5 360
-
accident
532
486
556
-
unemployment
1 230
1 122
1 282
-
surtax
-
-
-
-
payroll
1 230
1 122
1 282
-
other
1 948
1 775
2 028
-
total
11 803
10 763
12 294
-
Corporate
3 561
6 845
39 145
-
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.

890
1 711
9 786
-
total
890
1 711
9 786
-
Dividends
1 290
5 134
-
-
withholding
354
1 412
-
-
total
354
1 412
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 128
23 416
33 952
24 459
After tax
30 872
31 584
21 048
30 541
Living cost
29 935
29 935
29 935
29 935
Free-cash
937
1 649
-8 887
606

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40468
₽32218
₽42668
₽38258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
55 000
-
income
2 946
-
11 000
-
total
2 946
-
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%.

40 273
55 000
-
-
total
-
-
-
-
Dividends
40 273
55 000
-
-
withholding
2 014
2 750
-
-
total
2 014
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 960
2 750
11 000
550
After tax
50 040
52 250
44 000
54 450
Living cost
11 782
11 782
11 782
11 782
Free-cash
38 258
40 468
32 218
42 668

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12700
₽3416
₽4993
₽4851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
55 000
income
-
-
-
9 303
unemployment
-
-
-
82
health
-
-
-
5 411
pensions
-
-
-
10 044
total
-
-
-
24 840
Employee

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

41 492
-
47 591
-
unemployment
59
-
66
-
pensions
6 432
-
7 377
-
income
7 155
-
8 491
-
health
2 680
-
3 075
-
total
16 326
-
19 009
-
Employer

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

41 492
-
47 591
-
health
2 764
-
3 169
-
pensions
3 672
-
4 211
-
unemployment
25
-
28
-
total
6 461
-
7 408
-
Corporate
7 048
55 000
-
-
income
1 339
10 450
-
-
total
1 339
10 450
-
-
Dividends
5 709
44 550
-
-
withholding
856
6 683
-
-
total
856
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 982
17 133
26 417
24 840
After tax
30 018
37 867
28 583
30 160
Living cost
25 167
25 167
25 167
25 167
Free-cash
4 851
12 700
3 416
4 993

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6618
₽2700
-₽2071
-₽83499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
21 538
12 220
16 991
After tax
-43 419
33 462
42 780
38 009
Living cost
40 080
40 080
40 080
40 080
Free-cash
-83 499
-6 618
2 700
-2 071

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1852
₽744
₽2267
₽908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 188
surtax
-
-
-
-
social contributions

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

-
-
-
19 113
total
-
-
-
23 301
Employee
43 155
-
44 445
-
surtax
-
-
-
-
social contributions
4 747
-
4 890
-
income
8 976
-
9 379
-
total
13 723
-
14 269
-
Employer
43 155
-
44 445
-
social contributions
10 249
-
10 555
-
total
10 249
-
10 555
-
Corporate
1 596
55 000
-
-
income
335
11 551
-
-
surtax
-
-
-
-
total
335
11 551
-
-
Dividends
1 261
43 449
-
-
withholding
353
12 165
-
-
total
353
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 660
23 716
24 824
23 301
After tax
30 340
31 284
30 176
31 699
Living cost
29 432
29 432
29 432
29 432
Free-cash
908
1 852
744
2 267

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17599
-₽11923
-₽12386
-₽22122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 516
other
-
-
-
1 706
surtax
-
-
-
-
social contributions
-
-
-
1 567
health
-
-
-
477
pensions
-
-
-
15 801
total
-
-
-
22 067
Employee
58 768
-
41 911
-
pensions
6 647
-
4 738
-
surtax
-
-
-
-
social contributions
1 674
-
1 195
-
income
5 128
-
2 582
-
total
13 449
-
8 515
-
Employer
58 768
-
41 911
-
health
4 113
-
2 934
-
pensions
9 656
-
6 886
-
unemployment
2 381
-
1 697
-
social contributions
176
-
126
-
other
2 028
-
1 446
-
total
18 354
-
13 089
-
Corporate
-
55 000
-
-
income
-
15 400
-
-
surtax
-
-
-
-
total
-
15 400
-
-
Dividends
-
39 600
-
-
surtax
-
-
-
-
social contributions
-
6 811
-
-
withholding
-
5 069
-
-
total
-
11 880
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 803
27 280
21 604
22 067
After tax
23 197
27 720
33 396
32 933
Living cost
45 319
45 319
45 319
45 319
Free-cash
-22 122
-17 599
-11 923
-12 386

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
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.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21295
₽16230
₽14685
₽18143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9
social contributions
-
-
-
12 101
total
-
-
-
12 110
Employee
30 166
-
47 619
-
income
-
-
89
-
social contributions
1 960
-
3 095
-
total
1 960
-
3 184
-
Employer
30 166
-
47 619
-
social contributions
4 676
-
7 381
-
total
4 676
-
7 381
-
Corporate
20 159
55 000
-
-
income
2 016
5 500
-
-
total
2 016
5 500
-
-
Dividends
18 143
49 500
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
8 652
5 500
10 565
12 110
After tax
46 348
49 500
44 435
42 890
Living cost
28 205
28 205
28 205
28 205
Free-cash
18 143
21 295
16 230
14 685

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽149426
-₽149426
-₽9557
-₽149426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
labour market
-
-
-
4 335
municipal
-
-
-
8 981
national
-
-
-
5 241
pensions
-
-
-
813
total
-
-
-
19 370
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
159 239
159 239
159 239
19 370
After tax
-104 239
-104 239
-104 239
35 630
Living cost
45 187
45 187
45 187
45 187
Free-cash
-149 426
-149 426
-149 426
-9 557

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16184
₽8406
₽17365
₽1288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 364
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
16 996
Employee
32 466
-
45 689
-
pensions
3 656
-
5 144
-
income
4 454
-
6 268
-
health
3 718
-
5 232
-
total
11 828
-
16 644
-
Employer
32 466
-
45 689
-
pensions
5 279
-
7 429
-
accident
542
-
763
-
unemployment
796
-
1 119
-
total
6 617
-
9 311
-
Corporate
15 917
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.

14 325
49 500
-
-
total
14 325
49 500
-
-
Dividends
1 592
5 500
-
-
withholding
303
1 045
-
-
total
303
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
33 073
50 545
25 955
16 996
After tax
21 927
4 455
29 045
38 004
Living cost
20 639
20 639
20 639
20 639
Free-cash
1 288
-16 184
8 406
17 365

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1935
-₽2124
₽6462
-₽3683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
55 000
health
-
-
-
456
municipal
-
-
-
9 818
national
-
-
-
2 240
total
-
-
-
12 514
Employee
49 366
-
46 270
-
municipal
8 086
-
7 584
-
unemployment
741
-
694
-
pensions
3 332
-
3 123
-
national
816
-
648
-
health
369
-
321
-
total
13 344
-
12 370
-
Employer
49 366
-
46 270
-
health
379
-
356
-
pensions
8 565
-
8 027
-
accident
50
-
46
-
unemployment
321
-
301
-
total
9 315
-
8 730
-
Corporate
-
55 000
-
-
income
-
11 001
-
-
total
-
11 001
-
-
Dividends

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

-
33 000
-
-
municipal
-
5 940
-
-
national
-
100
-
-
total
-
6 040
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 659
17 041
21 100
12 514
After tax
32 341
37 959
33 900
42 486
Living cost
36 024
36 024
36 024
36 024
Free-cash
-3 683
1 935
-2 124
6 462

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12059
₽15872
₽21234
₽13652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 058
social contributions
-
-
-
8 581
health
-
-
-
1 403
total
-
-
-
12 042
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
4 143
-
income
7 856
6 679
7 345
-
health
559
1 227
849
-
total
11 143
13 894
12 337
-
Employer
72 151
72 151
72 151
-
health
607
1 335
924
-
social contributions
2 728
5 988
4 143
-
total
3 335
7 323
5 067
-
Corporate
18 798
-
-
-
income
2 350
-
-
-
total
2 350
-
-
-
Dividends
16 447
-
-
-
withholding
2 796
-
-
-
total
2 796
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 624
21 217
17 404
12 042
After tax
35 376
33 783
37 596
42 958
Living cost
21 724
21 724
21 724
21 724
Free-cash
13 652
12 059
15 872
21 234

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30648
₽19164
₽26026
₽25875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 685
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
14 077
Employee

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

21 537
-
49 865
-
unemployment
107
-
249
-
pensions
3 230
-
7 480
-
income
1 473
-
3 837
-
health
1 830
-
4 238
-
total
6 640
-
15 804
-
Employer

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

21 537
-
49 865
-
health
926
-
2 144
-
pensions
1 184
-
2 742
-
unemployment
107
-
249
-
total
2 217
-
5 135
-
Corporate
31 246
55 000
-
-
income
2 812
4 950
-
-
total
2 812
4 950
-
-
Dividends
28 434
50 050
-
-
withholding
2 559
4 505
-
-
total
2 559
4 505
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 228
9 455
20 939
14 077
After tax
40 772
45 545
34 061
40 923
Living cost
14 897
14 897
14 897
14 897
Free-cash
25 875
30 648
19 164
26 026

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11343
₽4806
₽4415
₽6366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
495
income
-
-
-
8 284
other
-
-
-
55
unemployment
-
-
-
385
pensions
-
-
-
15 564
total
-
-
-
24 783
Employee
34 695
-
41 704
-
other
34
-
41
-
unemployment
538
-
646
-
pensions
1 631
-
1 960
-
income
6 689
-
8 450
-
total
8 892
-
11 097
-
Employer
34 695
-
41 704
-
pensions
8 187
-
9 841
-
accident
687
-
826
-
unemployment
1 909
-
2 293
-
other
278
-
335
-
total
11 061
-
13 295
-
Corporate
9 244
55 000
-
-
income

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

1 387
8 250
-
-
total
1 387
8 250
-
-
Dividends
7 857
46 750
-
-
withholding
1 492
9 605
-
-
total
1 492
9 605
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 832
17 855
24 392
24 783
After tax
32 168
37 145
30 608
30 217
Living cost
25 802
25 802
25 802
25 802
Free-cash
6 366
11 343
4 806
4 415

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32420
₽32599
₽32734
₽32108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 975
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
20 366
Employee
2 894
-
53 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
17 902
-
health
145
-
347
-
total
994
-
18 942
-
Employer
2 894
-
53 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
51 454
55 000
-
-
income
11 320
12 100
-
-
total
11 320
12 100
-
-
Dividends
40 134
42 900
-
-
withholding
8 027
8 580
-
-
total
8 027
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 992
20 680
20 501
20 366
After tax
34 008
34 320
34 499
34 634
Living cost
1 900
1 900
1 900
1 900
Free-cash
32 108
32 420
32 599
32 734

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23542
₽13354
₽10986
₽18933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 028
unemployment
-
-
-
825
health
-
-
-
5 665
pensions
-
-
-
14 300
total
-
-
-
27 818
Employee

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

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

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

24 423
-
46 650
-
unemployment
183
-
350
-
pensions
3 419
-
6 531
-
income
3 367
-
7 817
-
health
1 258
-
2 402
-
total
8 227
-
17 100
-
Employer

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

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

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

24 423
-
46 650
-
health
1 258
-
2 402
-
pensions
2 931
-
5 598
-
unemployment
183
-
350
-
total
4 372
-
8 350
-
Corporate
26 205
55 000
-
-
income
3 931
8 250
-
-
total
3 931
8 250
-
-
Dividends
22 274
46 750
-
-
withholding
3 341
7 012
-
-
total
3 341
7 012
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 871
15 262
25 450
27 818
After tax
35 129
39 738
29 550
27 182
Living cost
16 196
16 196
16 196
16 196
Free-cash
18 933
23 542
13 354
10 986

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5988
₽4880
₽6403
₽5650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 188
surtax
-
-
-
-
social contributions

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

-
-
-
19 113
total
-
-
-
23 301
Employee
36 418
-
44 445
-
surtax
-
-
-
-
social contributions
4 006
-
4 890
-
income
7 116
-
9 379
-
total
11 122
-
14 269
-
Employer
36 418
-
44 445
-
social contributions
8 648
-
10 555
-
total
8 648
-
10 555
-
Corporate
9 934
55 000
-
-
income
2 087
11 551
-
-
surtax
-
-
-
-
total
2 087
11 551
-
-
Dividends
7 847
43 449
-
-
withholding
2 197
12 165
-
-
total
2 197
12 165
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 054
23 716
24 824
23 301
After tax
30 946
31 284
30 176
31 699
Living cost
25 296
25 296
25 296
25 296
Free-cash
5 650
5 988
4 880
6 403

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4169
-₽2368
-₽2759
-₽4765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
495
income
-
-
-
8 284
other
-
-
-
55
unemployment
-
-
-
385
pensions
-
-
-
15 564
total
-
-
-
24 783
Employee
45 316
-
41 704
-
other
45
-
41
-
unemployment
702
-
646
-
pensions
2 130
-
1 960
-
income
9 465
-
8 450
-
total
12 342
-
11 097
-
Employer
45 316
-
41 704
-
pensions
10 694
-
9 841
-
accident
897
-
826
-
unemployment
2 493
-
2 293
-
other
363
-
335
-
total
14 447
-
13 295
-
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
-
9 605
-
-
total
-
9 605
-
-
Income
55 000
55 000
55 000
55 000
Total tax
26 789
17 855
24 392
24 783
After tax
28 211
37 145
30 608
30 217
Living cost
32 976
32 976
32 976
32 976
Free-cash
-4 765
4 169
-2 368
-2 759

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30888
₽22833
₽21864
₽25170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
income
-
-
-
8 250
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
16 999
Employee
21 368
-
48 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
4 857
-
health
983
-
1 507
-
total
5 231
-
9 601
-
Employer
21 368
-
48 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
29 440
55 000
-
-
income
2 944
5 500
-
-
total
2 944
5 500
-
-
Dividends
26 496
49 500
-
-
withholding
1 325
2 475
-
-
total
1 325
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
13 693
7 975
16 030
16 999
After tax
41 307
47 025
38 970
38 001
Living cost
16 137
16 137
16 137
16 137
Free-cash
25 170
30 888
22 833
21 864

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7740
₽5805
₽4172
₽4537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 000
income

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

-
-
-
6 218
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.

-
-
-
342
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.

-
-
-
6 410
trade
-
-
-
1 633
total
-
-
-
14 603
Employee

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

46 686
-
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.

212
-
342
-
income

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

3 839
-
6 218
-
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.

6 410
-
6 410
-
total
10 461
-
12 970
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 314
55 000
-
-
income
1 246
8 250
-
-
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.

68
454
-
-
chamber of commerce
155
223
-
-
trade
1 193
7 892
-
-
total
2 662
16 819
-
-
Dividends
5 652
38 182
-
-
surtax

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

59
506
-
-
withholding
1 056
9 190
-
-
total
1 115
9 696
-
-
Income
55 000
55 000
55 000
55 000
Total tax
14 238
26 515
12 970
14 603
After tax
40 762
28 485
42 030
40 397
Living cost
36 225
36 225
36 225
36 225
Free-cash
4 537
-7 740
5 805
4 172

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14949
-₽10587
-₽10587
-₽18398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 063
social contributions
-
-
-
4 074
total
-
-
-
12 137
Employee
73 396
-
55 000
-
income
13 850
-
8 063
-
social contributions
6 098
-
4 074
-
total
19 948
-
12 137
-
Employer
73 396
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
income
-
6 875
-
-
total
-
6 875
-
-
Dividends
-
48 125
-
-
withholding
-
9 624
-
-
total
-
9 624
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 948
16 499
12 137
12 137
After tax
35 052
38 501
42 863
42 863
Living cost
53 450
53 450
53 450
53 450
Free-cash
-18 398
-14 949
-10 587
-10 587

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3268
₽5728
-₽11457
₽2167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
50 684
-
income
4 671
-
6 579
-
social contributions
4 313
-
4 316
-
total
8 984
-
10 895
-
Employer
43 044
-
50 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
7 643
55 000
-
-
income
2 674
19 250
-
-
total
2 674
19 250
-
-
Dividends
4 969
35 750
-
-
social contributions
2 801
4 957
-
-
total
2 801
4 957
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 772
24 207
15 211
32 396
After tax
36 228
30 793
39 789
22 604
Living cost
34 061
34 061
34 061
34 061
Free-cash
2 167
-3 268
5 728
-11 457

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6393
₽875
₽6476
₽1104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 323
pensions
-
-
-
3 385
total
-
-
-
13 708
Employee
47 789
-
49 063
-
pensions
3 648
-
3 800
-
income
8 703
-
8 922
-
health
623
-
650
-
total
12 974
-
13 372
-
Employer
47 789
-
49 063
-
health
908
-
933
-
pensions
4 828
-
5 004
-
total
5 736
-
5 937
-
Corporate
1 474
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.

281
10 449
-
-
total
281
10 449
-
-
Dividends
1 194
44 551
-
-
withholding
89
3 342
-
-
total
89
3 342
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 080
13 791
19 309
13 708
After tax
35 920
41 209
35 691
41 292
Living cost
34 815
34 815
34 815
34 815
Free-cash
1 104
6 393
875
6 476

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18227
₽6363
₽15322
₽976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 364
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
16 996
Employee
35 680
-
45 689
-
pensions
4 018
-
5 144
-
income
4 895
-
6 268
-
health
4 085
-
5 232
-
total
12 998
-
16 644
-
Employer
35 680
-
45 689
-
pensions
5 801
-
7 429
-
accident
596
-
763
-
unemployment
874
-
1 119
-
total
7 271
-
9 311
-
Corporate
12 049
55 000
-
-
income

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

10 844
49 500
-
-
total
10 844
49 500
-
-
Dividends
1 205
5 500
-
-
withholding
229
1 045
-
-
total
229
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
31 342
50 545
25 955
16 996
After tax
23 658
4 455
29 045
38 004
Living cost
22 682
22 682
22 682
22 682
Free-cash
976
-18 227
6 363
15 322

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34073
₽19798
₽19798
₽29510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
55 000
income
-
-
-
7 400
unemployment
-
-
-
660
work injury
-
-
-
275
health insurance
-
-
-
4 070
pensions
-
-
-
10 120
total
-
-
-
22 525
Employee

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

20 283
-
55 000
-
health insurance
1 501
-
4 070
-
unemployment
243
-
660
-
work injury
101
-
275
-
pensions
3 732
-
10 120
-
income
2 028
-
7 400
-
total
7 605
-
22 525
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 717
55 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
34 717
55 000
-
-
withholding
5 208
8 250
-
-
total
5 208
8 250
-
-
Income
55 000
55 000
55 000
55 000
Total tax
12 813
8 250
22 525
22 525
After tax
42 187
46 750
32 475
32 475
Living cost
12 677
12 677
12 677
12 677
Free-cash
29 510
34 073
19 798
19 798

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8409
-₽10757
-₽7703
-₽24069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 000
social contributions
-
-
-
14 145
regional
-
-
-
848
municipal
-
-
-
367
national
-
-
-
9 963
total
-
-
-
25 323
Employee
79 067
-
55 000
-
municipal
472
-
328
-
national
13 362
-
8 775
-
regional
1 194
-
727
-
social contributions
26 661
-
18 547
-
total
41 689
-
28 377
-
Employer
79 067
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
municipal
-
2 651
-
-
nationa
-
13 200
-
-
total
-
15 851
-
-
Dividends
-
39 149
-
-
withholding
-
10 178
-
-
total
-
10 178
-
-
Income
55 000
55 000
55 000
55 000
Total tax
41 689
26 029
28 377
25 323
After tax
13 311
28 971
26 623
29 677
Living cost
37 380
37 380
37 380
37 380
Free-cash
-24 069
-8 409
-10 757
-7 703

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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