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
₽ 55500
per

Your estimated
City
free-cash

Dresden , Germany
-₽952
₽13348
₽11649
₽9688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
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.

-
-
-
6 116
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.

-
-
-
336
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.

-
-
-
6 570
trade
-
-
-
1 699
total
-
-
-
14 721
Employee

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

36 784
-
55 500
-
surtax

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

57
-
336
-
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.

1 028
-
6 116
-
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.

6 570
-
6 570
-
total
7 655
-
13 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 716
55 500
-
-
income
2 807
8 326
-
-
surtax

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

155
458
-
-
chamber of commerce
173
226
-
-
trade
2 947
8 742
-
-
total
6 082
17 752
-
-
Dividends
12 633
37 748
-
-
surtax

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

153
498
-
-
withholding
2 792
9 072
-
-
total
2 945
9 570
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 682
27 322
13 022
14 721
After tax
38 818
28 178
42 478
40 779
Living cost
29 130
29 130
29 130
29 130
Free-cash
9 688
-952
13 348
11 649

Estimated living cost  is ₽29130 per week

₽18323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16775
-₽16006
-₽16442
-₽31423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
597
municipal
-
-
-
5 208
national
-
-
-
8 070
pensions
-
-
-
6 660
total
-
-
-
20 535
Employee
79 690
-
47 979
-
municipal
9 843
-
5 423
-
pensions
3 188
-
1 919
-
national
15 253
-
8 403
-
total
28 284
-
15 745
-
Employer
79 690
-
47 979
-
pensions
6 375
-
3 838
-
social contributions
857
-
516
-
total
7 232
-
4 354
-
Corporate
-
55 500
-
-
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%.

-
11 100
-
-
total
-
11 100
-
-
Dividends
-
44 400
-
-
withholding
-
9 768
-
-
total
-
9 768
-
-
Income
55 500
55 500
55 500
55 500
Total tax
35 516
20 868
20 099
20 535
After tax
19 984
34 632
35 401
34 965
Living cost
51 407
51 407
51 407
51 407
Free-cash
-31 423
-16 775
-16 006
-16 442

Estimated living cost  is ₽51407 per week

₽34941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽769
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24392
₽11738
₽24138
₽16503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 028
microenterprise
-
-
-
8 326
total
-
-
-
11 354
Employee
28 102
-
44 725
-
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.

3 092
-
4 920
-
income
5 002
-
8 059
-
total
8 094
-
12 979
-
Employer
28 102
-
44 725
-
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.

6 769
-
10 775
-
surtax
-
-
-
-
total
6 769
-
10 775
-
Corporate
20 629
55 500
-
-
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%.

4 126
11 100
-
-
total
4 126
11 100
-
-
Dividends

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

16 502
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 989
11 100
23 754
11 354
After tax
36 511
44 400
31 746
44 146
Living cost
20 008
20 008
20 008
20 008
Free-cash
16 503
24 392
11 738
24 138

Estimated living cost  is ₽20008 per week

₽12764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34603
-₽40002
-₽8556
-₽40002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
5 261
health
-
-
-
8 519
pensions
-
-
-
9 988
total
-
-
-
23 768
Employee
82 127
82 127
82 127
-
pensions
14 783
11 268
14 783
-
income

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

13 443
13 443
13 443
-
health
12 606
10 722
12 606
-
total
40 832
35 433
40 832
-
Employer
82 127
82 127
82 127
-
health
5 709
5 709
5 709
-
pensions
5 716
5 716
5 716
-
unemployment
2 957
2 957
2 957
-
total
14 382
14 382
14 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
55 214
49 815
55 214
23 768
After tax
286
5 685
286
31 732
Living cost
40 288
40 288
40 288
40 288
Free-cash
-40 002
-34 603
-40 002
-8 556

Estimated living cost  is ₽40288 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9119
-₽9783
-₽11756
-₽18322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
111
other
-
-
-
6 449
unemployment
-
-
-
56
health
-
-
-
3 463
municipal
-
-
-
11 755
national
-
-
-
-
pensions
-
-
-
6 000
total
-
-
-
27 834
Employee
56 173
-
42 231
-
municipal
16 751
-
12 593
-
national
-
-
-
-
total
16 751
-
12 593
-
Employer
56 173
-
42 231
-
health
3 455
-
2 597
-
pensions
6 072
-
4 565
-
accident
112
-
84
-
unemployment
1 483
-
1 115
-
other
6 527
-
4 907
-
total
17 649
-
13 268
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
withholding
-
12 987
-
-
total
-
12 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
34 400
25 197
25 861
27 834
After tax
21 100
30 303
29 639
27 666
Living cost
39 422
39 422
39 422
39 422
Free-cash
-18 322
-9 119
-9 783
-11 756

Estimated living cost  is ₽39422 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9886
₽4698
₽2924
₽3628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
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.

-
-
-
6 116
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.

-
-
-
336
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.

-
-
-
6 570
trade
-
-
-
1 774
total
-
-
-
14 796
Employee

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

48 771
-
55 500
-
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.

230
-
336
-
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.

4 190
-
6 116
-
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.

6 570
-
6 570
-
total
10 990
-
13 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 729
55 500
-
-
income
1 009
8 326
-
-
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
458
-
-
chamber of commerce
155
224
-
-
trade
1 108
9 129
-
-
total
2 327
18 137
-
-
Dividends
4 402
37 363
-
-
surtax

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

40
493
-
-
withholding
735
8 976
-
-
total
775
9 469
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 092
27 606
13 022
14 796
After tax
41 408
27 894
42 478
40 704
Living cost
37 780
37 780
37 780
37 780
Free-cash
3 628
-9 886
4 698
2 924

Estimated living cost  is ₽37780 per week

₽25268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
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.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2559
₽6604
₽12268
₽5678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 967
social contributions
-
-
-
8 658
health
-
-
-
1 414
total
-
-
-
12 039
Employee
73 952
73 952
73 952
-
social contributions
3 594
6 138
4 181
-
income
7 766
6 846
7 552
-
health
735
1 257
856
-
total
12 095
14 241
12 589
-
Employer
73 952
73 952
73 952
-
health
801
1 369
933
-
social contributions
3 594
6 138
4 181
-
total
4 395
7 507
5 114
-
Corporate
7 817
-
-
-
income
976
-
-
-
total
976
-
-
-
Dividends
6 841
-
-
-
withholding
1 163
-
-
-
total
1 163
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 629
21 748
17 703
12 039
After tax
36 871
33 752
37 797
43 461
Living cost
31 193
31 193
31 193
31 193
Free-cash
5 678
2 559
6 604
12 268

Estimated living cost  is ₽31193 per week

₽21324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13748
₽14502
₽20775
₽14115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
6 785
unemployment
-
-
-
833
health
-
-
-
3 885
pensions
-
-
-
5 550
total
-
-
-
17 053
Employee

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

The minimum wage is 138,000 HUF per month.

25 510
10 153
46 444
-
unemployment
383
152
697
-
pensions
2 551
1 015
4 644
-
income
3 119
1 241
5 678
-
health
1 786
711
3 251
-
total
7 839
3 119
14 270
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 510
10 153
46 444
-
pensions
4 975
1 980
9 056
-
total
4 975
1 980
9 056
-
Corporate
25 015
43 367
-
-
income
2 251
3 903
-
-
total
2 251
3 903
-
-
Dividends
22 764
39 464
-
-
social contributions
4 323
7 580
-
-
withholding
4 325
7 498
-
-
total
8 648
15 078
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 713
24 080
23 326
17 053
After tax
31 787
31 420
32 174
38 447
Living cost
17 672
17 672
17 672
17 672
Free-cash
14 115
13 748
14 502
20 775

Estimated living cost  is ₽17672 per week

₽12060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21171
₽9428
₽7498
₽15195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
6 459
health
-
-
-
7 214
pensions
-
-
-
11 100
total
-
-
-
24 773
Employee
27 283
-
41 478
-
unemployment
436
-
664
-
pensions
546
-
830
-
income
3 072
-
7 329
-
total
4 054
-
8 823
-
Employer
27 283
-
41 478
-
health
3 546
-
5 393
-
pensions
5 457
-
8 295
-
unemployment
219
-
332
-
total
9 222
-
14 020
-
Corporate
18 995
55 500
-
-
income
3 800
11 100
-
-
total
3 800
11 100
-
-
Dividends
15 196
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 076
11 100
22 843
24 773
After tax
38 424
44 400
32 657
30 727
Living cost
23 229
23 229
23 229
23 229
Free-cash
15 195
21 171
9 428
7 498

Estimated living cost  is ₽23229 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16958
₽7856
₽16907
₽1205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
246
income
-
-
-
10 349
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
17 140
Employee
33 747
-
46 104
-
pensions
3 800
-
5 191
-
income
4 630
-
6 325
-
health
3 864
-
5 279
-
total
12 294
-
16 795
-
Employer
33 747
-
46 104
-
pensions
5 487
-
7 496
-
accident
563
-
770
-
unemployment
827
-
1 130
-
total
6 877
-
9 396
-
Corporate
14 875
55 500
-
-
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.

13 388
49 950
-
-
total
13 388
49 950
-
-
Dividends
1 488
5 550
-
-
withholding
283
1 055
-
-
total
283
1 055
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 842
51 005
26 191
17 140
After tax
22 658
4 495
29 309
38 360
Living cost
21 453
21 453
21 453
21 453
Free-cash
1 205
-16 958
7 856
16 907

Estimated living cost  is ₽21453 per week

₽15723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
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.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44832
₽36507
₽47052
₽43352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
9 866
-
55 500
-
income
1 973
-
11 100
-
total
1 973
-
11 100
-
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%.

45 634
55 500
-
-
total
-
-
-
-
Dividends
45 634
55 500
-
-
withholding
2 282
2 775
-
-
total
2 282
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 255
2 775
11 100
555
After tax
51 245
52 725
44 400
54 945
Living cost
7 893
7 893
7 893
7 893
Free-cash
43 352
44 832
36 507
47 052

Estimated living cost  is ₽7893 per week

₽4892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15149
₽6904
₽4426
₽8652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
7 050
other
-
-
-
2 635
health
-
-
-
2 442
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.

-
-
-
13 321
total
-
-
-
25 448
Employee
34 919
-
44 329
-
unemployment
349
-
443
-
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.

2 444
-
3 104
-
income
6 012
-
7 631
-
health
489
-
621
-
total
9 294
-
11 799
-
Employer
34 919
-
44 329
-
health
489
-
621
-
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.

5 937
-
7 536
-
accident
279
-
354
-
unemployment
349
-
443
-
other
1 747
-
2 217
-
total
8 801
-
11 171
-
Corporate
11 781
55 500
-
-
income
2 475
11 655
-
-
total
2 475
11 655
-
-
Dividends
9 306
43 845
-
-
withholding
652
3 070
-
-
total
652
3 070
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 222
14 725
22 970
25 448
After tax
34 278
40 775
32 530
30 052
Living cost
25 626
25 626
25 626
25 626
Free-cash
8 652
15 149
6 904
4 426

Estimated living cost  is ₽25626 per week

₽18106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22264
-₽27802
-₽22168
-₽47215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 420
pensions
-
-
-
3 402
total
-
-
-
13 822
Employee
90 332
-
49 525
-
pensions
8 715
-
3 818
-
income
16 283
-
9 011
-
health
1 489
-
652
-
total
26 487
-
13 481
-
Employer
90 332
-
49 525
-
health
1 716
-
942
-
pensions
10 666
-
5 033
-
total
12 382
-
5 975
-
Corporate
-
55 500
-
-
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.

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
38 869
13 918
19 456
13 822
After tax
16 631
41 582
36 044
41 678
Living cost
63 846
63 846
63 846
63 846
Free-cash
-47 215
-22 264
-27 802
-22 168

Estimated living cost  is ₽63846 per week

₽47841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽34848
₽26556
₽25605
₽30382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 970
total
-
-
-
17 291
Employee
16 689
-
48 912
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 465
-
2 948
-
income
1 669
-
4 891
-
health
768
-
1 545
-
total
4 086
-
9 753
-
Employer
16 689
-
48 912
-
health
1 152
-
2 317
-
pensions

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

1 839
-
3 700
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
unemployment
100
-
201
-
total
3 275
-
6 587
-
Corporate
35 536
55 500
-
-
income
3 554
5 550
-
-
total
3 554
5 550
-
-
Dividends
31 982
49 950
-
-
withholding
1 599
2 498
-
-
total
1 599
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 514
8 048
16 340
17 291
After tax
42 986
47 452
39 160
38 209
Living cost
12 604
12 604
12 604
12 604
Free-cash
30 382
34 848
26 556
25 605

Estimated living cost  is ₽12604 per week

₽7358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47644
-₽53043
-₽21597
-₽49275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
5 261
health
-
-
-
8 519
pensions
-
-
-
9 988
total
-
-
-
23 768
Employee
89 164
82 127
82 127
-
pensions
11 268
11 268
14 783
-
income

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

13 443
13 443
13 443
-
health
11 124
10 722
12 606
-
total
35 835
35 433
40 832
-
Employer
89 164
82 127
82 127
-
health
6 196
5 709
5 709
-
pensions
6 205
5 716
5 716
-
unemployment
3 210
2 957
2 957
-
total
15 611
14 382
14 382
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
51 446
49 815
55 214
23 768
After tax
4 054
5 685
286
31 732
Living cost
53 329
53 329
53 329
53 329
Free-cash
-49 275
-47 644
-53 043
-21 597

Estimated living cost  is ₽53329 per week

₽39339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14297
₽4250
₽3116
₽5766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 493
total
-
-
-
28 469
Employee
35 169
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 286
-
2 692
-
income
4 220
-
4 970
-
health
4 748
-
5 591
-
total
11 254
-
13 253
-
Employer
35 169
-
41 418
-
health
3 165
-
3 728
-
social contributions
8 792
-
10 354
-
total
11 957
-
14 082
-
Corporate
8 373
55 500
-
-
income
1 591
10 545
-
-
total
1 591
10 545
-
-
Dividends
6 782
44 955
-
-
withholding
1 017
6 743
-
-
total
1 017
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 819
17 288
27 335
28 469
After tax
29 681
38 212
28 165
27 031
Living cost
23 915
23 915
23 915
23 915
Free-cash
5 766
14 297
4 250
3 116

Estimated living cost  is ₽23915 per week

₽16612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10970
-₽13411
-₽10277
-₽29971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
556
municipal
-
-
-
330
national
-
-
-
10 036
total
-
-
-
25 196
Employee
85 472
-
55 500
-
municipal
453
-
294
-
national
14 810
-
8 837
-
regional
806
-
485
-
social contributions
28 821
-
18 714
-
total
44 890
-
28 330
-
Employer
85 472
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 165
-
-
nationa
-
13 319
-
-
total
-
15 484
-
-
Dividends
-
40 016
-
-
withholding
-
10 405
-
-
total
-
10 405
-
-
Income
55 500
55 500
55 500
55 500
Total tax
44 890
25 889
28 330
25 196
After tax
10 610
29 611
27 170
30 304
Living cost
40 581
40 581
40 581
40 581
Free-cash
-29 971
-10 970
-13 411
-10 277

Estimated living cost  is ₽40581 per week

₽28288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13687
₽8930
₽10128
₽10695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 384
other
-
-
-
-
surtax
-
-
-
507
unemployment
-
-
-
219
health
-
-
-
3 940
pensions
-
-
-
11 100
total
-
-
-
24 150
Employee
31 804
-
45 849
-
other
-
-
-
-
unemployment
2 214
-
3 192
-
pensions
2 121
-
3 059
-
surtax
104
-
418
-
income
5 331
-
7 860
-
health
812
-
1 168
-
total
10 582
-
15 697
-
Employer
31 804
-
45 849
-
health
1 447
-
2 086
-
pensions
4 240
-
6 112
-
unemployment
1 007
-
1 453
-
other
-
-
-
-
total
6 694
-
9 651
-
Corporate
17 002
55 500
-
-
income
4 420
14 431
-
-
total
4 420
14 431
-
-
Dividends
12 582
41 069
-
-
withholding
1 887
6 160
-
-
total
1 887
6 160
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 583
20 591
25 348
24 150
After tax
31 917
34 909
30 152
31 350
Living cost
21 222
21 222
21 222
21 222
Free-cash
10 695
13 687
8 930
10 128

Estimated living cost  is ₽21222 per week

₽12976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2036
-₽7574
-₽1940
-₽12741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 420
pensions
-
-
-
3 402
total
-
-
-
13 822
Employee
60 538
-
49 525
-
pensions
5 138
-
3 818
-
income
10 903
-
9 011
-
health
879
-
652
-
total
16 920
-
13 481
-
Employer
60 538
-
49 525
-
health
1 150
-
942
-
pensions
6 553
-
5 033
-
total
7 703
-
5 975
-
Corporate
-
55 500
-
-
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.

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 623
13 918
19 456
13 822
After tax
30 877
41 582
36 044
41 678
Living cost
43 618
43 618
43 618
43 618
Free-cash
-12 741
-2 036
-7 574
-1 940

Estimated living cost  is ₽43618 per week

₽32678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3269
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.
₽7213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51402
-₽32491
-₽29666
-₽42913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
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.

-
-
-
1 110
regional
-
-
-
1 177
health
-
-
-
250
city
-
-
-
584
national
-
-
-
158
pensions
-
-
-
5 106
total
-
-
-
8 385
Employee
89 854
-
49 675
-
unemployment
-
-
-
-
pensions
7 549
-
4 173
-
national
425
-
124
-
regional
2 942
-
988
-
city
964
-
534
-
health
203
-
112
-
total
12 083
-
5 931
-
Employer
89 854
-
49 675
-
health
203
-
112
-
pensions
7 549
-
4 173
-
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.

1 797
-
994
-
total
9 549
-
5 279
-
Corporate
-
55 500
-
-
regional
-
11 738
-
-
national
-
4 717
-
-
total
-
16 455
-
-
Dividends
-
39 045
-
-
withholding
-
13 666
-
-
total
-
13 666
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 632
30 121
11 210
8 385
After tax
33 868
25 379
44 290
47 115
Living cost
76 781
76 781
76 781
76 781
Free-cash
-42 913
-51 402
-32 491
-29 666

Estimated living cost  is ₽76781 per week

₽49930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽943
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16451
-₽1579
-₽3430
-₽2297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
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.

-
-
-
6 116
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.

-
-
-
336
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.

-
-
-
6 570
trade
-
-
-
1 851
total
-
-
-
14 873
Employee

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

57 798
-
55 500
-
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.

374
-
336
-
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.

6 796
-
6 116
-
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.

6 570
-
6 570
-
total
13 740
-
13 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
8 326
-
-
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.

-
458
-
-
chamber of commerce
-
224
-
-
trade
-
9 518
-
-
total
-
18 526
-
-
Dividends
-
36 974
-
-
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.

-
489
-
-
withholding
-
8 879
-
-
total
-
9 368
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 740
27 894
13 022
14 873
After tax
41 760
27 606
42 478
40 627
Living cost
44 057
44 057
44 057
44 057
Free-cash
-2 297
-16 451
-1 579
-3 430

Estimated living cost  is ₽44057 per week

₽32177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
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.
₽7784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4931
₽836
₽351
₽748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 497
other
-
-
-
1 721
surtax
-
-
-
-
social contributions
-
-
-
1 580
health
-
-
-
480
pensions
-
-
-
15 967
total
-
-
-
22 245
Employee
41 160
-
42 290
-
pensions
4 654
-
4 783
-
surtax
-
-
-
-
social contributions
1 174
-
1 205
-
income
2 429
-
2 566
-
total
8 257
-
8 554
-
Employer
41 160
-
42 290
-
health
2 882
-
2 960
-
pensions
6 762
-
6 948
-
unemployment
1 666
-
1 712
-
social contributions
124
-
128
-
other
1 420
-
1 458
-
total
12 854
-
13 206
-
Corporate
1 486
55 500
-
-
income
416
15 540
-
-
surtax
-
-
-
-
total
416
15 540
-
-
Dividends
1 070
39 960
-
-
surtax
-
-
-
-
social contributions
184
6 871
-
-
withholding
137
5 116
-
-
total
321
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 848
27 527
21 760
22 245
After tax
33 652
27 973
33 740
33 255
Living cost
32 904
32 904
32 904
32 904
Free-cash
748
-4 931
836
351

Estimated living cost  is ₽32904 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1671
₽4096
₽3611
₽3671
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 497
other
-
-
-
1 721
surtax
-
-
-
-
social contributions
-
-
-
1 580
health
-
-
-
480
pensions
-
-
-
15 967
total
-
-
-
22 245
Employee
36 741
-
42 290
-
pensions
4 156
-
4 783
-
surtax
-
-
-
-
social contributions
1 048
-
1 205
-
income
1 894
-
2 566
-
total
7 098
-
8 554
-
Employer
36 741
-
42 290
-
health
2 571
-
2 960
-
pensions
6 037
-
6 948
-
unemployment
1 487
-
1 712
-
social contributions
110
-
128
-
other
1 268
-
1 458
-
total
11 473
-
13 206
-
Corporate
7 285
55 500
-
-
income
2 040
15 540
-
-
surtax
-
-
-
-
total
2 040
15 540
-
-
Dividends
5 244
39 960
-
-
surtax
-
-
-
-
social contributions
902
6 871
-
-
withholding
672
5 116
-
-
total
1 574
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 185
27 527
21 760
22 245
After tax
33 315
27 973
33 740
33 255
Living cost
29 644
29 644
29 644
29 644
Free-cash
3 671
-1 671
4 096
3 611

Estimated living cost  is ₽29644 per week

₽17192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13468
₽12868
₽15246
₽13968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 326
social contributions
-
-
-
7 660
health
-
-
-
3 875
total
-
-
-
19 861
Employee
32 608
-
55 500
-
social contributions
4 501
-
7 660
-
income
5 439
-
10 704
-
health
2 276
-
3 875
-
total
12 216
-
22 239
-
Employer
32 608
-
55 500
-
total
-
-
-
-
Corporate
22 892
55 500
-
-
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%.

1 144
2 776
-
-
total
1 144
2 776
-
-
Dividends
21 748
52 724
-
-
social contributions
3 000
7 276
-
-
withholding
3 261
7 908
-
-
health
1 518
3 679
-
-
total
7 779
18 863
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 139
21 639
22 239
19 861
After tax
34 361
33 861
33 261
35 639
Living cost
20 393
20 393
20 393
20 393
Free-cash
13 968
13 468
12 868
15 246

Estimated living cost  is ₽20393 per week

₽13648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
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.
₽5017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2093
-₽12544
-₽3189
-₽7496
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
3 977
surtax
-
-
-
190
unemployment
-
-
-
5 899
chamber of commerce
-
-
-
223
health
-
-
-
4 245
pensions
-
-
-
10 268
total
-
-
-
24 802
Employee
48 063
38 326
42 949
-
other
480
383
429
-
unemployment
1 442
1 150
1 288
-
pensions
4 922
3 924
4 398
-
income
5 471
2 827
4 006
-
health
1 860
1 484
1 663
-
total
14 175
9 768
11 784
-
Employer
48 063
38 326
42 949
-
chamber of commerce
192
153
172
-
health
1 816
1 449
1 624
-
pensions
6 032
4 811
5 389
-
accident
624
498
558
-
unemployment
1 442
1 150
1 288
-
surtax
190
190
190
-
payroll
1 442
1 150
1 288
-
other
2 283
1 820
2 040
-
total
14 021
11 221
12 549
-
Corporate
3 650
5 954
39 299
-
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.

913
1 489
9 824
-
total
913
1 489
9 824
-
Dividends
-
4 464
-
-
withholding
-
1 228
-
-
total
-
1 228
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 109
23 706
34 157
24 802
After tax
26 391
31 794
21 343
30 698
Living cost
33 887
33 887
33 887
33 887
Free-cash
-7 496
-2 093
-12 544
-3 189

Estimated living cost  is ₽33887 per week

₽22601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3792
-₽11255
-₽5276
-₽33318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal

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

-
-
-
2 942
social contributions
-
-
-
6 462
national
-
-
-
16 306
total
-
-
-
25 710
Employee

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

68 793
-
42 982
-
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.

599
-
374
-
communal

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

3 588
-
2 241
-
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.

5 159
-
3 223
-
national
21 150
-
11 318
-
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.

3 232
-
2 020
-
total
33 728
-
19 176
-
Employer

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

68 793
-
42 982
-
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.

4 230
-
2 643
-
pensions

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

6 096
-
3 809
-
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.

894
-
560
-
unemployment

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

1 004
-
628
-
surtax
7 800
-
4 873
-
total
20 024
-
12 513
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
surtax
-
223
-
-
total
-
11 323
-
-
Dividends
-
44 177
-
-
withholding

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

-
12 903
-
-
total
-
12 903
-
-
Income
55 500
55 500
55 500
55 500
Total tax
53 752
24 226
31 689
25 710
After tax
1 748
31 274
23 811
29 790
Living cost
35 066
35 066
35 066
35 066
Free-cash
-33 318
-3 792
-11 255
-5 276

Estimated living cost  is ₽35066 per week

₽22587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2755
-₽3796
-₽4189
-₽7632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 307
other
-
-
-
55
unemployment
-
-
-
389
pensions
-
-
-
15 706
total
-
-
-
24 957
Employee
47 872
-
42 084
-
other
47
-
42
-
unemployment
743
-
652
-
pensions
2 250
-
1 978
-
income
10 101
-
8 476
-
total
13 141
-
11 148
-
Employer
47 872
-
42 084
-
pensions
11 297
-
9 932
-
accident
947
-
834
-
unemployment
2 634
-
2 314
-
other
381
-
336
-
total
15 259
-
13 416
-
Corporate
-
55 500
-
-
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.

-
8 326
-
-
total
-
8 326
-
-
Dividends
-
47 174
-
-
withholding
-
9 687
-
-
total
-
9 687
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 400
18 013
24 564
24 957
After tax
27 100
37 487
30 936
30 543
Living cost
34 732
34 732
34 732
34 732
Free-cash
-7 632
2 755
-3 796
-4 189

Estimated living cost  is ₽34732 per week

₽25576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17415
-₽14458
-₽15572
-₽26032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal
-
-
-
-
accident
-
-
-
500
income
-
-
-
2 327
surtax
-
-
-
2 937
health
-
-
-
4 163
pensions
-
-
-
8 881
total
-
-
-
18 808
Employee
72 830
-
49 576
-
pensions
5 826
-
3 966
-
surtax
4 464
-
3 039
-
income
7 035
-
2 559
-
health
3 241
-
2 206
-
total
20 566
-
11 770
-
Employer
72 830
-
49 576
-
health
2 221
-
1 513
-
pensions
5 826
-
3 966
-
accident
655
-
445
-
total
8 702
-
5 924
-
Corporate
-
55 500
-
-
communal
-
3 747
-
-
income
-
8 326
-
-
surtax
-
582
-
-
total
-
12 655
-
-
Dividends
-
42 845
-
-
income
-
1 570
-
-
withholding
-
6 426
-
-
total
-
7 996
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 268
20 651
17 694
18 808
After tax
26 232
34 849
37 806
36 692
Living cost
52 264
52 264
52 264
52 264
Free-cash
-26 032
-17 415
-14 458
-15 572

Estimated living cost  is ₽52264 per week

₽39206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13308
₽8551
₽9749
₽10248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 384
other
-
-
-
-
surtax
-
-
-
507
unemployment
-
-
-
219
health
-
-
-
3 940
pensions
-
-
-
11 100
total
-
-
-
24 150
Employee
32 387
-
45 849
-
other
-
-
-
-
unemployment
2 254
-
3 192
-
pensions
2 161
-
3 059
-
surtax
115
-
418
-
income
5 430
-
7 860
-
health
827
-
1 168
-
total
10 787
-
15 697
-
Employer
32 387
-
45 849
-
health
1 473
-
2 086
-
pensions
4 318
-
6 112
-
unemployment
1 028
-
1 453
-
other
-
-
-
-
total
6 819
-
9 651
-
Corporate
16 294
55 500
-
-
income
4 236
14 431
-
-
total
4 236
14 431
-
-
Dividends
12 058
41 069
-
-
withholding
1 809
6 160
-
-
total
1 809
6 160
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 651
20 591
25 348
24 150
After tax
31 849
34 909
30 152
31 350
Living cost
21 601
21 601
21 601
21 601
Free-cash
10 248
13 308
8 551
9 749

Estimated living cost  is ₽21601 per week

₽13042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3267
₽1001
₽4116
₽1129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
837
municipal
-
-
-
330
national
-
-
-
10 036
total
-
-
-
25 477
Employee
53 348
-
55 500
-
municipal
283
-
294
-
national
8 452
-
8 837
-
regional
718
-
747
-
social contributions
17 989
-
18 714
-
total
27 442
-
28 592
-
Employer
53 348
-
55 500
-
total
-
-
-
-
Corporate
2 152
55 500
-
-
municipal
108
2 758
-
-
nationa
516
13 319
-
-
total
624
16 077
-
-
Dividends
1 528
39 423
-
-
withholding
398
10 249
-
-
total
398
10 249
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 464
26 326
28 592
25 477
After tax
27 036
29 174
26 908
30 023
Living cost
25 907
25 907
25 907
25 907
Free-cash
1 129
3 267
1 001
4 116

Estimated living cost  is ₽25907 per week

₽16112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2624
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.
₽6727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8742
-₽1305
-₽2439
-₽2572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 493
total
-
-
-
28 469
Employee
43 338
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 817
-
2 692
-
income
5 200
-
4 970
-
health
5 851
-
5 591
-
total
13 868
-
13 253
-
Employer
43 338
-
41 418
-
health
3 900
-
3 728
-
social contributions
10 834
-
10 354
-
total
14 734
-
14 082
-
Corporate
-
55 500
-
-
income
-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
6 743
-
-
total
-
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 602
17 288
27 335
28 469
After tax
26 898
38 212
28 165
27 031
Living cost
29 470
29 470
29 470
29 470
Free-cash
-2 572
8 742
-1 305
-2 439

Estimated living cost  is ₽29470 per week

₽21916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
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.
₽5412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1215
-₽9300
₽206
₽325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
3 977
surtax
-
-
-
-
unemployment
-
-
-
5 899
chamber of commerce
-
-
-
223
health
-
-
-
4 245
pensions
-
-
-
10 268
total
-
-
-
24 612
Employee
42 040
38 326
43 097
-
other
420
383
431
-
unemployment
1 261
1 150
1 292
-
pensions
4 305
3 924
4 413
-
income
3 745
2 827
4 048
-
health
1 626
1 484
1 668
-
total
11 357
9 768
11 852
-
Employer
42 040
38 326
43 097
-
chamber of commerce
168
153
172
-
health
1 590
1 449
1 630
-
pensions
5 276
4 811
5 409
-
accident
546
498
560
-
unemployment
1 261
1 150
1 292
-
surtax
-
-
-
-
payroll
1 261
1 150
1 292
-
other
1 997
1 820
2 048
-
total
12 099
11 031
12 403
-
Corporate
3 650
6 143
39 447
-
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.

913
1 537
9 863
-
total
913
1 537
9 863
-
Dividends
450
4 607
-
-
withholding
124
1 267
-
-
total
124
1 267
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 493
23 603
34 118
24 612
After tax
31 007
31 897
21 382
30 888
Living cost
30 682
30 682
30 682
30 682
Free-cash
325
1 215
-9 300
206

Estimated living cost  is ₽30682 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
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.
₽8596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40425
₽32100
₽42645
₽38119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
15 375
-
55 500
-
income
3 075
-
11 100
-
total
3 075
-
11 100
-
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%.

40 125
55 500
-
-
total
-
-
-
-
Dividends
40 125
55 500
-
-
withholding
2 006
2 775
-
-
total
2 006
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 081
2 775
11 100
555
After tax
50 419
52 725
44 400
54 945
Living cost
12 300
12 300
12 300
12 300
Free-cash
38 119
40 425
32 100
42 645

Estimated living cost  is ₽12300 per week

₽8323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12415
₽3110
₽4700
₽4372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
9 322
unemployment
-
-
-
84
health
-
-
-
5 462
pensions
-
-
-
10 136
total
-
-
-
25 004
Employee

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

42 528
-
48 023
-
unemployment
60
-
68
-
pensions
6 592
-
7 444
-
income
7 334
-
8 502
-
health
2 747
-
3 103
-
total
16 733
-
19 117
-
Employer

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

42 528
-
48 023
-
health
2 832
-
3 197
-
pensions
3 763
-
4 251
-
unemployment
26
-
29
-
total
6 621
-
7 477
-
Corporate
6 351
55 500
-
-
income
1 206
10 545
-
-
total
1 206
10 545
-
-
Dividends
5 145
44 955
-
-
withholding
772
6 744
-
-
total
772
6 744
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 332
17 289
26 594
25 004
After tax
30 168
38 211
28 906
30 496
Living cost
25 796
25 796
25 796
25 796
Free-cash
4 372
12 415
3 110
4 700

Estimated living cost  is ₽25796 per week

₽17703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7843
₽1205
-₽3254
-₽88283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 818
social contributions
-
-
-
6 327
total
-
-
-
17 145
Employee
59 661
-
-
-
social contributions
4 892
-
697
-
income
13 160
-
-
-
total
18 052
-
697
-
Employer
59 661
-
-
-
social contributions
84 122
-
11 989
-
total
84 122
-
11 989
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
income
-
9 524
-
-
total
-
9 524
-
-
Income
55 500
55 500
55 500
55 500
Total tax
102 174
21 734
12 686
17 145
After tax
-46 674
33 766
42 814
38 355
Living cost
41 609
41 609
41 609
41 609
Free-cash
-88 283
-7 843
1 205
-3 254

Estimated living cost  is ₽41609 per week

₽26997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1402
₽356
₽1854
₽434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
4 193
surtax
-
-
-
-
social contributions

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

-
-
-
19 287
total
-
-
-
23 480
Employee
44 232
-
44 849
-
surtax
-
-
-
-
social contributions
4 866
-
4 933
-
income
9 200
-
9 394
-
total
14 066
-
14 327
-
Employer
44 232
-
44 849
-
social contributions
10 505
-
10 651
-
total
10 505
-
10 651
-
Corporate
763
55 500
-
-
income
161
11 655
-
-
surtax
-
-
-
-
total
161
11 655
-
-
Dividends
603
43 845
-
-
withholding
168
12 277
-
-
total
168
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 900
23 932
24 978
23 480
After tax
30 600
31 568
30 522
32 020
Living cost
30 166
30 166
30 166
30 166
Free-cash
434
1 402
356
1 854

Estimated living cost  is ₽30166 per week

₽22570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and 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 Lisbon model

Close
Paris , France
-₽18477
-₽12710
-₽13195
-₽23548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 497
other
-
-
-
1 721
surtax
-
-
-
-
social contributions
-
-
-
1 580
health
-
-
-
480
pensions
-
-
-
15 967
total
-
-
-
22 245
Employee
60 234
-
42 290
-
pensions
6 813
-
4 783
-
surtax
-
-
-
-
social contributions
1 716
-
1 205
-
income
5 256
-
2 566
-
total
13 785
-
8 554
-
Employer
60 234
-
42 290
-
health
4 216
-
2 960
-
pensions
9 897
-
6 948
-
unemployment
2 440
-
1 712
-
social contributions
181
-
128
-
other
2 079
-
1 458
-
total
18 813
-
13 206
-
Corporate
-
55 500
-
-
income
-
15 540
-
-
surtax
-
-
-
-
total
-
15 540
-
-
Dividends
-
39 960
-
-
surtax
-
-
-
-
social contributions
-
6 871
-
-
withholding
-
5 116
-
-
total
-
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 598
27 527
21 760
22 245
After tax
22 902
27 973
33 740
33 255
Living cost
46 450
46 450
46 450
46 450
Free-cash
-23 548
-18 477
-12 710
-13 195

Estimated living cost  is ₽46450 per week

₽31436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21041
₽15962
₽14381
₽17811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
-
social contributions
-
-
-
12 210
total
-
-
-
12 210
Employee
30 918
-
48 052
-
income
-
-
57
-
social contributions
2 009
-
3 124
-
total
2 009
-
3 181
-
Employer
30 918
-
48 052
-
social contributions
4 793
-
7 448
-
total
4 793
-
7 448
-
Corporate
19 789
55 500
-
-
income
1 978
5 550
-
-
total
1 978
5 550
-
-
Dividends
17 811
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 780
5 550
10 629
12 210
After tax
46 720
49 950
44 871
43 290
Living cost
28 909
28 909
28 909
28 909
Free-cash
17 811
21 041
15 962
14 381

Estimated living cost  is ₽28909 per week

₽18692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽153843
-₽153843
-₽10268
-₽153843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
labour market
-
-
-
4 373
municipal
-
-
-
9 021
national
-
-
-
5 268
pensions
-
-
-
833
total
-
-
-
19 495
Employee
195 309
195 309
195 309
-
municipal
41 590
41 590
41 590
-
labour market
15 603
15 603
15 603
-
pensions
278
278
278
-
national
23 861
23 861
23 861
-
total
81 332
81 332
81 332
-
Employer
195 309
195 309
195 309
-
national
23 902
23 902
23 902
-
labour market
15 625
15 625
15 625
-
pensions
555
555
555
-
municipal
41 656
41 656
41 656
-
total
81 738
81 738
81 738
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
163 070
163 070
163 070
19 495
After tax
-107 570
-107 570
-107 570
36 005
Living cost
46 273
46 273
46 273
46 273
Free-cash
-153 843
-153 843
-153 843
-10 268

Estimated living cost  is ₽46273 per week

₽31670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16642
₽8172
₽17223
₽1254
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
246
income
-
-
-
10 349
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
17 140
Employee
33 250
-
46 104
-
pensions
3 744
-
5 191
-
income
4 561
-
6 325
-
health
3 807
-
5 279
-
total
12 112
-
16 795
-
Employer
33 250
-
46 104
-
pensions
5 406
-
7 496
-
accident
555
-
770
-
unemployment
815
-
1 130
-
total
6 776
-
9 396
-
Corporate
15 474
55 500
-
-
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.

13 927
49 950
-
-
total
13 927
49 950
-
-
Dividends
1 547
5 550
-
-
withholding
294
1 055
-
-
total
294
1 055
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 109
51 005
26 191
17 140
After tax
22 391
4 495
29 309
38 360
Living cost
21 137
21 137
21 137
21 137
Free-cash
1 254
-16 642
8 172
17 223

Estimated living cost  is ₽21137 per week

₽15385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1413
-₽2681
₽6068
-₽4646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
55 500
health
-
-
-
453
municipal
-
-
-
9 908
national
-
-
-
2 148
total
-
-
-
12 509
Employee
50 598
-
46 689
-
municipal
8 288
-
7 652
-
unemployment
759
-
701
-
pensions
3 415
-
3 152
-
national
836
-
624
-
health
378
-
318
-
total
13 676
-
12 447
-
Employer
50 598
-
46 689
-
health
389
-
360
-
pensions
8 778
-
8 101
-
accident
51
-
47
-
unemployment
329
-
303
-
total
9 547
-
8 811
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
total
-
11 100
-
-
Dividends

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

-
33 300
-
-
municipal
-
5 993
-
-
national
-
71
-
-
total
-
6 064
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 223
17 164
21 258
12 509
After tax
32 277
38 336
34 242
42 991
Living cost
36 923
36 923
36 923
36 923
Free-cash
-4 646
1 413
-2 681
6 068

Estimated living cost  is ₽36923 per week

₽24118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11485
₽15530
₽21194
₽13358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 967
social contributions
-
-
-
8 658
health
-
-
-
1 414
total
-
-
-
12 039
Employee
73 952
73 952
73 952
-
social contributions
2 796
6 138
4 181
-
income
8 052
6 846
7 552
-
health
573
1 257
856
-
total
11 421
14 241
12 589
-
Employer
73 952
73 952
73 952
-
health
622
1 369
933
-
social contributions
2 796
6 138
4 181
-
total
3 418
7 507
5 114
-
Corporate
18 394
-
-
-
income
2 300
-
-
-
total
2 300
-
-
-
Dividends
16 094
-
-
-
withholding
2 736
-
-
-
total
2 736
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 875
21 748
17 703
12 039
After tax
35 625
33 752
37 797
43 461
Living cost
22 267
22 267
22 267
22 267
Free-cash
13 358
11 485
15 530
21 194

Estimated living cost  is ₽22267 per week

₽13345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30690
₽19104
₽25899
₽25798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 500
income
-
-
-
4 707
unemployment
-
-
-
27
health
-
-
-
3 480
pensions
-
-
-
6 118
total
-
-
-
14 332
Employee

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

22 075
-
50 317
-
unemployment
110
-
252
-
pensions
3 311
-
7 548
-
income
1 509
-
3 867
-
health
1 876
-
4 276
-
total
6 806
-
15 943
-
Employer

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

22 075
-
50 317
-
health
949
-
2 165
-
pensions
1 214
-
2 767
-
unemployment
110
-
252
-
total
2 273
-
5 184
-
Corporate
31 153
55 500
-
-
income
2 803
4 995
-
-
total
2 803
4 995
-
-
Dividends
28 350
50 505
-
-
withholding
2 551
4 546
-
-
total
2 551
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 433
9 541
21 127
14 332
After tax
41 067
45 959
34 373
41 168
Living cost
15 269
15 269
15 269
15 269
Free-cash
25 798
30 690
19 104
25 899

Estimated living cost  is ₽15269 per week

₽9742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11041
₽4490
₽4097
₽5924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 307
other
-
-
-
55
unemployment
-
-
-
389
pensions
-
-
-
15 706
total
-
-
-
24 957
Employee
35 561
-
42 084
-
other
35
-
42
-
unemployment
551
-
652
-
pensions
1 672
-
1 978
-
income
6 856
-
8 476
-
total
9 114
-
11 148
-
Employer
35 561
-
42 084
-
pensions
8 392
-
9 932
-
accident
704
-
834
-
unemployment
1 956
-
2 314
-
other
285
-
336
-
total
11 337
-
13 416
-
Corporate
8 602
55 500
-
-
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.

1 290
8 326
-
-
total
1 290
8 326
-
-
Dividends
7 312
47 174
-
-
withholding
1 389
9 687
-
-
total
1 389
9 687
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 130
18 013
24 564
24 957
After tax
32 370
37 487
30 936
30 543
Living cost
26 446
26 446
26 446
26 446
Free-cash
5 924
11 041
4 490
4 097

Estimated living cost  is ₽26446 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32763
₽32975
₽33109
₽32457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
18 171
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
20 522
Employee
2 847
-
53 966
-
unemployment
28
-
68
-
pensions
256
-
614
-
income
551
-
18 099
-
health
142
-
341
-
total
977
-
19 122
-
Employer
2 847
-
53 966
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
52 012
55 500
-
-
income
11 443
12 210
-
-
total
11 443
12 210
-
-
Dividends
40 570
43 290
-
-
withholding
8 114
8 658
-
-
total
8 114
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 174
20 868
20 656
20 522
After tax
34 326
34 632
34 844
34 978
Living cost
1 869
1 869
1 869
1 869
Free-cash
32 457
32 763
32 975
33 109

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23470
₽13216
₽10827
₽18740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
7 065
unemployment
-
-
-
833
health
-
-
-
5 716
pensions
-
-
-
14 430
total
-
-
-
28 044
Employee

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

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

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

25 075
-
47 074
-
unemployment
188
-
353
-
pensions
3 511
-
6 590
-
income
3 456
-
7 862
-
health
1 291
-
2 424
-
total
8 446
-
17 229
-
Employer

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

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

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

25 075
-
47 074
-
health
1 291
-
2 424
-
pensions
3 009
-
5 649
-
unemployment
188
-
353
-
total
4 488
-
8 426
-
Corporate
25 936
55 500
-
-
income
3 890
8 325
-
-
total
3 890
8 325
-
-
Dividends
22 046
47 175
-
-
withholding
3 307
7 076
-
-
total
3 307
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 131
15 401
25 655
28 044
After tax
35 369
40 099
29 845
27 456
Living cost
16 629
16 629
16 629
16 629
Free-cash
18 740
23 470
13 216
10 827

Estimated living cost  is ₽16629 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽5641
₽4595
₽6093
₽5296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
4 193
surtax
-
-
-
-
social contributions

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

-
-
-
19 287
total
-
-
-
23 480
Employee
37 327
-
44 849
-
surtax
-
-
-
-
social contributions
4 106
-
4 933
-
income
7 293
-
9 394
-
total
11 399
-
14 327
-
Employer
37 327
-
44 849
-
social contributions
8 864
-
10 651
-
total
8 864
-
10 651
-
Corporate
9 309
55 500
-
-
income
1 955
11 655
-
-
surtax
-
-
-
-
total
1 955
11 655
-
-
Dividends
7 355
43 845
-
-
withholding
2 059
12 277
-
-
total
2 059
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 277
23 932
24 978
23 480
After tax
31 223
31 568
30 522
32 020
Living cost
25 927
25 927
25 927
25 927
Free-cash
5 296
5 641
4 595
6 093

Estimated living cost  is ₽25927 per week

₽18364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3688
-₽2863
-₽3256
-₽5756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 307
other
-
-
-
55
unemployment
-
-
-
389
pensions
-
-
-
15 706
total
-
-
-
24 957
Employee
46 447
-
42 084
-
other
46
-
42
-
unemployment
719
-
652
-
pensions
2 183
-
1 978
-
income
9 701
-
8 476
-
total
12 649
-
11 148
-
Employer
46 447
-
42 084
-
pensions
10 961
-
9 932
-
accident
920
-
834
-
unemployment
2 555
-
2 314
-
other
372
-
336
-
total
14 808
-
13 416
-
Corporate
-
55 500
-
-
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.

-
8 326
-
-
total
-
8 326
-
-
Dividends
-
47 174
-
-
withholding
-
9 687
-
-
total
-
9 687
-
-
Income
55 500
55 500
55 500
55 500
Total tax
27 457
18 013
24 564
24 957
After tax
28 043
37 487
30 936
30 543
Living cost
33 799
33 799
33 799
33 799
Free-cash
-5 756
3 688
-2 863
-3 256

Estimated living cost  is ₽33799 per week

₽24273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30915
₽22623
₽21672
₽25056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
134
health
-
-
-
3 862
pensions

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

-
-
-
4 970
total
-
-
-
17 291
Employee
21 897
-
48 912
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
pensions

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

1 922
-
2 948
-
income
2 190
-
4 891
-
health
1 007
-
1 545
-
total
5 360
-
9 753
-
Employer
21 897
-
48 912
-
health
1 511
-
2 317
-
pensions

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

2 413
-
3 700
-
accident

We are using the highest rate at 1.1%.

241
-
369
-
unemployment
132
-
201
-
total
4 297
-
6 587
-
Corporate
29 307
55 500
-
-
income
2 931
5 550
-
-
total
2 931
5 550
-
-
Dividends
26 376
49 950
-
-
withholding
1 319
2 498
-
-
total
1 319
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 907
8 048
16 340
17 291
After tax
41 593
47 452
39 160
38 209
Living cost
16 537
16 537
16 537
16 537
Free-cash
25 056
30 915
22 623
21 672

Estimated living cost  is ₽16537 per week

₽10937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
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.
₽4259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8381
₽5349
₽3801
₽4201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
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.

-
-
-
6 116
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.

-
-
-
336
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.

-
-
-
6 570
trade
-
-
-
1 548
total
-
-
-
14 570
Employee

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

47 852
-
55 500
-
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.

217
-
336
-
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.

3 935
-
6 116
-
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.

6 570
-
6 570
-
total
10 722
-
13 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 648
55 500
-
-
income
1 148
8 326
-
-
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.

64
458
-
-
chamber of commerce
157
228
-
-
trade
1 097
7 965
-
-
total
2 466
16 977
-
-
Dividends
5 183
38 523
-
-
surtax

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

51
509
-
-
withholding
931
9 266
-
-
total
982
9 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 170
26 752
13 022
14 570
After tax
41 330
28 748
42 478
40 930
Living cost
37 129
37 129
37 129
37 129
Free-cash
4 201
-8 381
5 349
3 801

Estimated living cost  is ₽37129 per week

₽25613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15934
-₽11451
-₽11451
-₽19729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 089
social contributions
-
-
-
4 078
total
-
-
-
12 167
Employee
75 228
-
55 500
-
income
14 195
-
8 089
-
social contributions
6 250
-
4 078
-
total
20 445
-
12 167
-
Employer
75 228
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 937
-
-
total
-
6 937
-
-
Dividends
-
48 563
-
-
withholding
-
9 713
-
-
total
-
9 713
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 445
16 650
12 167
12 167
After tax
35 055
38 850
43 333
43 333
Living cost
54 784
54 784
54 784
54 784
Free-cash
-19 729
-15 934
-11 451
-11 451

Estimated living cost  is ₽54784 per week

₽41679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3918
₽5215
-₽12676
₽1655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
27 376
health

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

-
-
-
5 889
total
-
-
-
33 265
Employee
44 118
-
51 076
-
income
4 787
-
6 526
-
social contributions
4 420
-
4 424
-
total
9 207
-
10 950
-
Employer
44 118
-
51 076
-
social contributions
4 420
-
4 424
-
total
4 420
-
4 424
-
Corporate
6 962
55 500
-
-
income
2 436
19 426
-
-
total
2 436
19 426
-
-
Dividends
4 525
36 074
-
-
social contributions
2 871
5 081
-
-
total
2 871
5 081
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 934
24 507
15 374
33 265
After tax
36 566
30 993
40 126
22 235
Living cost
34 911
34 911
34 911
34 911
Free-cash
1 655
-3 918
5 215
-12 676

Estimated living cost  is ₽34911 per week

₽22996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6122
₽584
₽6218
₽737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 420
pensions
-
-
-
3 402
total
-
-
-
13 822
Employee
48 673
-
49 525
-
pensions
3 715
-
3 818
-
income
8 864
-
9 011
-
health
635
-
652
-
total
13 214
-
13 481
-
Employer
48 673
-
49 525
-
health
925
-
942
-
pensions
4 918
-
5 033
-
total
5 843
-
5 975
-
Corporate
984
55 500
-
-
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.

187
10 546
-
-
total
187
10 546
-
-
Dividends
797
44 954
-
-
withholding
59
3 372
-
-
total
59
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 303
13 918
19 456
13 822
After tax
36 197
41 582
36 044
41 678
Living cost
35 460
35 460
35 460
35 460
Free-cash
737
6 122
584
6 218

Estimated living cost  is ₽35460 per week

₽24325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18734
₽6080
₽15131
₽933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
246
income
-
-
-
10 349
other
-
-
-
361
health
-
-
-
2 127
pensions
-
-
-
4 057
total
-
-
-
17 140
Employee
36 541
-
46 104
-
pensions
4 115
-
5 191
-
income
5 013
-
6 325
-
health
4 184
-
5 279
-
total
13 312
-
16 795
-
Employer
36 541
-
46 104
-
pensions
5 941
-
7 496
-
accident
610
-
770
-
unemployment
895
-
1 130
-
total
7 446
-
9 396
-
Corporate
11 513
55 500
-
-
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.

10 361
49 950
-
-
total
10 361
49 950
-
-
Dividends
1 151
5 550
-
-
withholding
219
1 055
-
-
total
219
1 055
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 338
51 005
26 191
17 140
After tax
24 162
4 495
29 309
38 360
Living cost
23 229
23 229
23 229
23 229
Free-cash
933
-18 734
6 080
15 131

Estimated living cost  is ₽23229 per week

₽17048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽34204
₽19834
₽19834
₽29534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
55 500
income
-
-
-
7 432
unemployment
-
-
-
666
work injury
-
-
-
278
health insurance
-
-
-
4 107
pensions
-
-
-
10 212
total
-
-
-
22 695
Employee

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

20 754
-
55 500
-
health insurance
1 536
-
4 107
-
unemployment
249
-
666
-
work injury
104
-
278
-
pensions
3 819
-
10 212
-
income
2 075
-
7 432
-
total
7 783
-
22 695
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 746
55 500
-
-
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
34 746
55 500
-
-
withholding
5 212
8 325
-
-
total
5 212
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 995
8 325
22 695
22 695
After tax
42 505
47 175
32 805
32 805
Living cost
12 971
12 971
12 971
12 971
Free-cash
29 534
34 204
19 834
19 834

Estimated living cost  is ₽12971 per week

₽8036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9079
-₽11425
-₽8344
-₽25542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
851
municipal
-
-
-
370
national
-
-
-
10 036
total
-
-
-
25 531
Employee
81 041
-
55 500
-
municipal
484
-
330
-
national
13 695
-
8 837
-
regional
1 224
-
731
-
social contributions
27 326
-
18 714
-
total
42 729
-
28 612
-
Employer
81 041
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 676
-
-
nationa
-
13 319
-
-
total
-
15 995
-
-
Dividends
-
39 505
-
-
withholding
-
10 271
-
-
total
-
10 271
-
-
Income
55 500
55 500
55 500
55 500
Total tax
42 729
26 266
28 612
25 531
After tax
12 771
29 234
26 888
29 969
Living cost
38 313
38 313
38 313
38 313
Free-cash
-25 542
-9 079
-11 425
-8 344

Estimated living cost  is ₽38313 per week

₽26912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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