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
-₽1631
₽9254
₽11226
₽12758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 532
income

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

-
-
-
5 877
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.

-
-
-
6 725
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.

-
-
-
323
total
-
-
-
14 457
Employee

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

37 652
-
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.

1 052
-
5 877
-
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.

58
-
323
-
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.

6 725
-
6 725
-
total
7 835
-
12 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 848
55 500
-
-
income
2 677
8 324
-
-
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.

148
458
-
-
trade
2 811
8 741
-
-
chamber of commerce
176
230
-
-
total
5 812
17 753
-
-
Dividends
12 037
37 747
-
-
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.

146
499
-
-
withholding
2 636
9 062
-
-
total
2 782
9 561
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 429
27 314
12 925
14 457
After tax
39 071
28 186
42 575
41 043
Living cost
29 817
29 817
29 817
29 817
Free-cash
9 254
-1 631
12 758
11 226

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
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.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18773
-₽34802
-₽18315
-₽17879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 159
national
-
-
-
7 994
pensions
-
-
-
6 660
social contributions
-
-
-
597
total
-
-
-
20 410
Employee
82 788
-
47 979
-
national
15 846
-
8 327
-
pensions
3 312
-
1 919
-
municipal
10 226
-
5 374
-
total
29 384
-
15 620
-
Employer
82 788
-
47 979
-
social contributions
890
-
516
-
pensions
6 623
-
3 838
-
total
7 513
-
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
36 897
20 868
19 974
20 410
After tax
18 603
34 632
35 526
35 090
Living cost
53 405
53 405
53 405
53 405
Free-cash
-34 802
-18 773
-17 879
-18 315

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23920
₽15846
₽23597
₽11292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
8 324
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.

-
-
-
3 099
total
-
-
-
11 423
Employee
28 765
-
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.

3 165
-
4 921
-
income
5 120
-
8 034
-
surtax
-
-
-
-
total
8 285
-
12 955
-
Employer
28 765
-
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.

6 929
-
10 773
-
surtax
-
-
-
-
total
6 929
-
10 773
-
Corporate
19 806
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%.

3 960
11 100
-
-
total
3 960
11 100
-
-
Dividends

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

15 846
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 174
11 100
23 728
11 423
After tax
36 326
44 400
31 772
44 077
Living cost
20 480
20 480
20 480
20 480
Free-cash
15 846
23 920
11 292
23 597

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36727
-₽42253
-₽9497
-₽42253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 249
health
-
-
-
8 519
pensions
-
-
-
9 991
total
-
-
-
23 759
Employee
84 064
84 064
84 064
-
pensions
15 132
11 534
15 132
-
income

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

13 760
13 760
13 760
-
health
12 903
10 975
12 903
-
total
41 795
36 269
41 795
-
Employer
84 064
84 064
84 064
-
health
5 843
5 843
5 843
-
pensions
5 851
5 851
5 851
-
unemployment
3 026
3 026
3 026
-
total
14 720
14 720
14 720
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
56 515
50 989
56 515
23 759
After tax
-1 015
4 511
-1 015
31 741
Living cost
41 238
41 238
41 238
41 238
Free-cash
-42 253
-36 727
-42 253
-9 497

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8951
-₽18008
-₽11587
-₽9615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 755
national
-
-
-
-
unemployment
-
-
-
55
accident
-
-
-
111
health
-
-
-
3 463
pensions
-
-
-
6 000
other
-
-
-
6 449
total
-
-
-
27 833
Employee
55 934
-
42 231
-
national
-
-
-
-
municipal
16 679
-
12 593
-
total
16 679
-
12 593
-
Employer
55 934
-
42 231
-
health
3 440
-
2 597
-
pensions
6 046
-
4 565
-
accident
112
-
84
-
other
6 500
-
4 907
-
unemployment
1 477
-
1 115
-
total
17 575
-
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
34 254
25 197
25 861
27 833
After tax
21 246
30 303
29 639
27 667
Living cost
39 254
39 254
39 254
39 254
Free-cash
-18 008
-8 951
-9 615
-11 587

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10771
₽3060
₽2302
₽3903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 601
income

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

-
-
-
5 877
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.

-
-
-
6 725
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.

-
-
-
323
total
-
-
-
14 526
Employee

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

49 921
-
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.

4 289
-
5 877
-
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.

235
-
323
-
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.

6 725
-
6 725
-
total
11 249
-
12 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 579
55 500
-
-
income
837
8 324
-
-
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.

47
458
-
-
trade
917
9 129
-
-
chamber of commerce
157
228
-
-
total
1 958
18 139
-
-
Dividends
3 621
37 361
-
-
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.

30
493
-
-
withholding
531
8 967
-
-
total
561
9 460
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 768
27 599
12 925
14 526
After tax
41 732
27 901
42 575
40 974
Living cost
38 672
38 672
38 672
38 672
Free-cash
3 060
-10 771
3 903
2 302

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1312
₽4860
₽11697
₽5650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 799
health
-
-
-
1 416
social contributions
-
-
-
8 659
total
-
-
-
11 874
Employee
75 696
75 696
75 696
-
social contributions
3 678
6 282
4 183
-
income
7 949
7 007
7 766
-
health
753
1 287
857
-
total
12 380
14 576
12 806
-
Employer
75 696
75 696
75 696
-
social contributions
3 678
6 282
4 183
-
health
820
1 401
932
-
total
4 498
7 683
5 115
-
Corporate
6 693
-
-
-
income
837
-
-
-
total
837
-
-
-
Dividends
5 856
-
-
-
withholding
996
-
-
-
total
996
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 711
22 259
17 921
11 874
After tax
36 789
33 241
37 579
43 626
Living cost
31 929
31 929
31 929
31 929
Free-cash
4 860
1 312
5 650
11 697

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12183
₽12584
₽19178
₽12904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
832
income
-
-
-
6 785
health
-
-
-
3 885
pensions
-
-
-
5 550
total
-
-
-
17 052
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.

27 817
11 071
46 444
-
pensions
2 782
1 107
4 644
-
unemployment
417
166
697
-
income
3 401
1 353
5 678
-
health
1 947
775
3 251
-
total
8 547
3 401
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.

27 817
11 071
46 444
-
pensions
5 424
2 159
9 056
-
total
5 424
2 159
9 056
-
Corporate
22 259
42 270
-
-
income
2 003
3 804
-
-
total
2 003
3 804
-
-
Dividends
20 255
38 466
-
-
social contributions
3 823
7 374
-
-
withholding
3 849
7 309
-
-
total
7 672
14 683
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 646
24 047
23 326
17 052
After tax
31 854
31 453
32 174
38 448
Living cost
19 270
19 270
19 270
19 270
Free-cash
12 584
12 183
12 904
19 178

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20623
₽14508
₽7072
₽9002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 338
health
-
-
-
7 215
pensions
-
-
-
11 098
total
-
-
-
24 651
Employee
27 926
-
41 478
-
pensions
559
-
829
-
unemployment
446
-
663
-
income
3 144
-
7 209
-
total
4 149
-
8 701
-
Employer
27 926
-
41 478
-
health
3 630
-
5 391
-
pensions
5 586
-
8 296
-
unemployment
224
-
333
-
total
9 440
-
14 020
-
Corporate
18 134
55 500
-
-
income
3 626
11 100
-
-
total
3 626
11 100
-
-
Dividends
14 508
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 215
11 100
22 721
24 651
After tax
38 285
44 400
32 779
30 849
Living cost
23 777
23 777
23 777
23 777
Free-cash
14 508
20 623
9 002
7 072

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16987
₽1202
₽16876
₽7825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
10 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
17 141
Employee
33 794
-
46 104
-
pensions
3 805
-
5 191
-
income
4 636
-
6 325
-
health
3 869
-
5 279
-
total
12 310
-
16 795
-
Employer
33 794
-
46 104
-
pensions
5 495
-
7 497
-
accident
564
-
770
-
unemployment
828
-
1 130
-
total
6 887
-
9 397
-
Corporate
14 819
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.

13 337
49 950
-
-
total
13 337
49 950
-
-
Dividends
1 482
5 550
-
-
withholding
281
1 054
-
-
total
281
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 815
51 004
26 192
17 141
After tax
22 685
4 496
29 308
38 359
Living cost
21 483
21 483
21 483
21 483
Free-cash
1 202
-16 987
7 825
16 876

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
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.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44220
₽42626
₽46440
₽35895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 631
-
55 500
-
income
2 126
-
11 100
-
total
2 126
-
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%.

44 869
55 500
-
-
total
-
-
-
-
Dividends
44 869
55 500
-
-
withholding
2 243
2 775
-
-
total
2 243
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 369
2 775
11 100
555
After tax
51 131
52 725
44 400
54 945
Living cost
8 505
8 505
8 505
8 505
Free-cash
42 626
44 220
35 895
46 440

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14546
₽7897
₽3823
₽6303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 048
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
other
-
-
-
2 636
total
-
-
-
25 447
Employee
35 743
-
44 331
-
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.

2 501
-
3 103
-
unemployment
357
-
443
-
income
6 154
-
7 631
-
health
501
-
620
-
total
9 513
-
11 797
-
Employer
35 743
-
44 331
-
health
501
-
620
-
pensions

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

6 077
-
7 536
-
accident
286
-
355
-
other
1 788
-
2 216
-
unemployment
357
-
443
-
total
9 009
-
11 170
-
Corporate
10 749
55 500
-
-
income
2 257
11 655
-
-
total
2 257
11 655
-
-
Dividends
8 493
43 845
-
-
withholding
594
3 069
-
-
total
594
3 069
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 373
14 724
22 967
25 447
After tax
34 127
40 776
32 533
30 053
Living cost
26 230
26 230
26 230
26 230
Free-cash
7 897
14 546
6 303
3 823

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24664
-₽51076
-₽24520
-₽30088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 432
pensions
-
-
-
3 342
total
-
-
-
13 774
Employee
93 729
-
49 584
-
pensions
9 042
-
3 746
-
income
16 896
-
9 040
-
health
1 544
-
639
-
total
27 482
-
13 425
-
Employer
93 729
-
49 584
-
health
1 780
-
942
-
pensions
11 067
-
4 974
-
total
12 847
-
5 916
-
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.

-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
3 373
-
-
total
-
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
40 329
13 918
19 341
13 774
After tax
15 171
41 582
36 159
41 726
Living cost
66 246
66 246
66 246
66 246
Free-cash
-51 076
-24 664
-30 088
-24 520

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34455
₽29851
₽24932
₽25824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
8 325
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
17 571
Employee
17 210
-
48 706
-
pensions

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

1 511
-
3 040
-
income
1 721
-
4 871
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
9 885
-
Employer
17 210
-
48 706
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
34 913
55 500
-
-
income
3 491
5 550
-
-
total
3 491
5 550
-
-
Dividends
31 421
49 950
-
-
withholding
1 571
2 498
-
-
total
1 571
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 652
8 048
16 679
17 571
After tax
42 848
47 452
38 821
37 929
Living cost
12 997
12 997
12 997
12 997
Free-cash
29 851
34 455
25 824
24 932

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50076
-₽51747
-₽22846
-₽55602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 249
health
-
-
-
8 519
pensions
-
-
-
9 991
total
-
-
-
23 759
Employee
91 267
84 064
84 064
-
pensions
11 534
11 534
15 132
-
income

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

13 760
13 760
13 760
-
health
11 386
10 975
12 903
-
total
36 680
36 269
41 795
-
Employer
91 267
84 064
84 064
-
health
6 342
5 843
5 843
-
pensions
6 352
5 851
5 851
-
unemployment
3 286
3 026
3 026
-
total
15 980
14 720
14 720
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
52 660
50 989
56 515
23 759
After tax
2 840
4 511
-1 015
31 741
Living cost
54 587
54 587
54 587
54 587
Free-cash
-51 747
-50 076
-55 602
-22 846

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13720
₽4983
₽2540
₽3673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
4 770
health
-
-
-
7 492
social contributions
-
-
-
16 206
total
-
-
-
28 468
Employee
36 018
-
41 418
-
social contributions
2 341
-
2 692
-
income
4 322
-
4 970
-
solidarity contribution
-
-
-
-
health
4 862
-
5 591
-
total
11 525
-
13 253
-
Employer
36 018
-
41 418
-
social contributions
9 004
-
10 354
-
health
3 242
-
3 728
-
total
12 246
-
14 082
-
Corporate
7 236
55 500
-
-
income
1 375
10 545
-
-
total
1 375
10 545
-
-
Dividends
5 861
44 955
-
-
withholding
879
6 743
-
-
total
879
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
26 025
17 288
27 335
28 468
After tax
29 475
38 212
28 165
27 032
Living cost
24 492
24 492
24 492
24 492
Free-cash
4 983
13 720
3 673
2 540

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11926
-₽31988
-₽11206
-₽14343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
331
national
-
-
-
10 009
regional
-
-
-
554
social contributions
-
-
-
14 274
total
-
-
-
25 168
Employee
87 488
-
55 500
-
national
15 160
-
8 812
-
social contributions
29 501
-
18 715
-
municipal
463
-
295
-
regional
826
-
483
-
total
45 950
-
28 305
-
Employer
87 488
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 165
-
-
nationa
-
13 320
-
-
total
-
15 485
-
-
Dividends
-
40 015
-
-
withholding
-
10 403
-
-
total
-
10 403
-
-
Income
55 500
55 500
55 500
55 500
Total tax
45 950
25 888
28 305
25 168
After tax
9 550
29 612
27 195
30 332
Living cost
41 538
41 538
41 538
41 538
Free-cash
-31 988
-11 926
-14 343
-11 206

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
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.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13187
₽10123
₽9734
₽8544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
8 306
health
-
-
-
3 940
surtax
-
-
-
473
pensions
-
-
-
11 100
other
-
-
-
-
total
-
-
-
24 043
Employee
32 554
-
45 849
-
pensions
2 171
-
3 058
-
unemployment
2 266
-
3 191
-
income
5 457
-
7 782
-
other
-
-
-
-
surtax
106
-
383
-
health
831
-
1 169
-
total
10 831
-
15 583
-
Employer
32 554
-
45 849
-
health
1 481
-
2 085
-
pensions
4 340
-
6 112
-
other
-
-
-
-
unemployment
1 031
-
1 453
-
total
6 852
-
9 650
-
Corporate
16 094
55 500
-
-
income
4 185
14 429
-
-
total
4 185
14 429
-
-
Dividends
11 910
41 071
-
-
withholding
1 786
6 161
-
-
total
1 786
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 654
20 590
25 233
24 043
After tax
31 846
34 910
30 267
31 457
Living cost
21 723
21 723
21 723
21 723
Free-cash
10 123
13 187
8 544
9 734

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3676
-₽15308
-₽3532
-₽9099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 432
pensions
-
-
-
3 342
total
-
-
-
13 774
Employee
62 815
-
49 584
-
pensions
5 332
-
3 746
-
income
11 313
-
9 040
-
health
912
-
639
-
total
17 557
-
13 425
-
Employer
62 815
-
49 584
-
health
1 193
-
942
-
pensions
6 800
-
4 974
-
total
7 993
-
5 916
-
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.

-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
3 373
-
-
total
-
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 550
13 918
19 341
13 774
After tax
29 950
41 582
36 159
41 726
Living cost
45 258
45 258
45 258
45 258
Free-cash
-15 308
-3 676
-9 099
-3 532

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51570
-₽43128
-₽29831
-₽32662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
583
national
-
-
-
156
regional
-
-
-
1 176
health
-
-
-
251
pensions
-
-
-
5 105
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.

-
-
-
1 111
total
-
-
-
8 382
Employee
90 050
-
49 674
-
national
426
-
125
-
city
966
-
534
-
pensions
7 565
-
4 174
-
unemployment
-
-
-
-
health
204
-
113
-
regional
2 949
-
986
-
total
12 110
-
5 932
-
Employer
90 050
-
49 674
-
health
204
-
113
-
pensions
7 565
-
4 174
-
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.

1 800
-
994
-
unemployment
-
-
-
-
total
9 569
-
5 281
-
Corporate
-
55 500
-
-
national
-
4 718
-
-
regional
-
11 737
-
-
total
-
16 455
-
-
Dividends
-
39 045
-
-
withholding
-
13 666
-
-
total
-
13 666
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 679
30 121
11 213
8 382
After tax
33 821
25 379
44 287
47 118
Living cost
76 949
76 949
76 949
76 949
Free-cash
-43 128
-51 570
-32 662
-29 831

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17482
-₽3661
-₽4189
-₽2521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 668
income

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

-
-
-
5 877
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.

-
-
-
6 725
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.

-
-
-
323
total
-
-
-
14 593
Employee

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

59 161
-
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.

6 957
-
5 877
-
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.

383
-
323
-
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.

6 725
-
6 725
-
total
14 065
-
12 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
8 324
-
-
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
-
-
trade
-
9 518
-
-
chamber of commerce
-
228
-
-
total
-
18 528
-
-
Dividends
-
36 972
-
-
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.

-
488
-
-
withholding
-
8 870
-
-
total
-
9 358
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 065
27 886
12 925
14 593
After tax
41 435
27 614
42 575
40 907
Living cost
45 096
45 096
45 096
45 096
Free-cash
-3 661
-17 482
-2 521
-4 189

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5709
₽109
-₽399
₽117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 432
health
-
-
-
482
surtax
-
-
-
-
pensions
-
-
-
16 002
other
-
-
-
1 721
social contributions
-
-
-
1 582
total
-
-
-
22 219
Employee
42 131
-
42 291
-
pensions
4 764
-
4 784
-
social contributions
1 201
-
1 205
-
income
2 486
-
2 505
-
surtax
-
-
-
-
total
8 451
-
8 494
-
Employer
42 131
-
42 291
-
social contributions
127
-
127
-
health
2 950
-
2 961
-
pensions
6 921
-
6 949
-
other
1 453
-
1 459
-
unemployment
1 706
-
1 713
-
total
13 157
-
13 209
-
Corporate
212
55 500
-
-
income
60
15 541
-
-
surtax
-
-
-
-
total
60
15 541
-
-
Dividends
152
39 959
-
-
social contributions
24
6 873
-
-
surtax
-
-
-
-
withholding
19
5 115
-
-
total
43
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 711
27 529
21 703
22 219
After tax
33 789
27 971
33 797
33 281
Living cost
33 680
33 680
33 680
33 680
Free-cash
109
-5 709
117
-399

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2372
₽3099
₽2938
₽3454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 432
health
-
-
-
482
surtax
-
-
-
-
pensions
-
-
-
16 002
other
-
-
-
1 721
social contributions
-
-
-
1 582
total
-
-
-
22 219
Employee
37 608
-
42 291
-
pensions
4 254
-
4 784
-
social contributions
1 072
-
1 205
-
income
1 939
-
2 505
-
surtax
-
-
-
-
total
7 265
-
8 494
-
Employer
37 608
-
42 291
-
social contributions
112
-
127
-
health
2 632
-
2 961
-
pensions
6 180
-
6 949
-
other
1 298
-
1 459
-
unemployment
1 522
-
1 713
-
total
11 744
-
13 209
-
Corporate
6 147
55 500
-
-
income
1 721
15 541
-
-
surtax
-
-
-
-
total
1 721
15 541
-
-
Dividends
4 427
39 959
-
-
social contributions
762
6 873
-
-
surtax
-
-
-
-
withholding
566
5 115
-
-
total
1 328
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 058
27 529
21 703
22 219
After tax
33 442
27 971
33 797
33 281
Living cost
30 343
30 343
30 343
30 343
Free-cash
3 099
-2 372
3 454
2 938

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12986
₽13496
₽14769
₽12437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 324
health
-
-
-
3 874
social contributions
-
-
-
7 659
total
-
-
-
19 857
Employee
33 377
-
55 500
-
social contributions
4 607
-
7 659
-
income
5 567
-
10 656
-
health
2 330
-
3 874
-
total
12 504
-
22 189
-
Employer
33 377
-
55 500
-
total
-
-
-
-
Corporate
22 123
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%.

1 106
2 774
-
-
total
1 106
2 774
-
-
Dividends
21 017
52 726
-
-
social contributions
2 901
7 276
-
-
health
1 466
3 680
-
-
withholding
3 153
7 910
-
-
total
7 520
18 866
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 130
21 640
22 189
19 857
After tax
34 370
33 860
33 311
35 643
Living cost
20 874
20 874
20 874
20 874
Free-cash
13 496
12 986
12 437
14 769

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2851
-₽8982
-₽3886
-₽13133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
3 732
chamber of commerce
-
-
-
222
health
-
-
-
4 246
surtax
-
-
-
194
pensions
-
-
-
10 267
total
-
-
-
24 699
Employee
49 196
39 230
42 945
-
pensions
5 038
4 016
4 398
-
unemployment
1 476
1 177
1 289
-
income
5 601
2 894
3 809
-
other
491
392
430
-
health
1 904
1 519
1 663
-
total
14 510
9 998
11 589
-
Employer
49 196
39 230
42 945
-
chamber of commerce
196
157
172
-
health
1 859
1 483
1 623
-
payroll
1 476
1 177
1 289
-
pensions
6 174
4 924
5 389
-
surtax
194
194
194
-
accident
639
510
559
-
other
2 337
1 862
2 040
-
unemployment
1 476
1 177
1 289
-
total
14 351
11 484
12 555
-
Corporate
3 736
4 785
39 208
-
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.

934
1 196
9 802
-
total
934
1 196
9 802
-
Dividends
-
3 589
-
-
withholding
-
986
-
-
total
-
986
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 795
23 664
33 946
24 699
After tax
25 705
31 836
21 554
30 801
Living cost
34 687
34 687
34 687
34 687
Free-cash
-8 982
-2 851
-13 133
-3 886

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4610
-₽35411
-₽5906
-₽12003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
16 225
communal

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

-
-
-
2 950
social contributions
-
-
-
6 338
total
-
-
-
25 513
Employee

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

70 415
-
42 986
-
national
21 648
-
11 234
-
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.

5 281
-
3 224
-
communal

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

3 673
-
2 242
-
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.

613
-
374
-
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.

3 308
-
2 021
-
total
34 523
-
19 095
-
Employer

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

70 415
-
42 986
-
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.

4 330
-
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.

6 239
-
3 809
-
surtax
7 984
-
4 876
-
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.

915
-
559
-
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.

1 027
-
628
-
total
20 495
-
12 515
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
surtax
-
222
-
-
total
-
11 322
-
-
Dividends
-
44 177
-
-
withholding

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

-
12 895
-
-
total
-
12 895
-
-
Income
55 500
55 500
55 500
55 500
Total tax
55 018
24 217
31 610
25 513
After tax
482
31 283
23 890
29 987
Living cost
35 893
35 893
35 893
35 893
Free-cash
-35 411
-4 610
-12 003
-5 906

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
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.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1943
-₽9122
-₽4930
-₽4535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
389
accident
-
-
-
499
income
-
-
-
8 228
pensions
-
-
-
15 707
other
-
-
-
56
total
-
-
-
24 879
Employee
49 001
-
42 083
-
pensions
2 303
-
1 978
-
unemployment
760
-
652
-
income
10 339
-
8 396
-
other
49
-
43
-
total
13 451
-
11 069
-
Employer
49 001
-
42 083
-
pensions
11 564
-
9 931
-
accident
970
-
833
-
other
390
-
336
-
unemployment
2 696
-
2 315
-
total
15 620
-
13 415
-
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.

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 682
-
-
total
-
9 682
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 071
18 006
24 484
24 879
After tax
26 429
37 494
31 016
30 621
Living cost
35 551
35 551
35 551
35 551
Free-cash
-9 122
1 943
-4 535
-4 930

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18606
-₽27955
-₽16704
-₽15585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
499
income
-
-
-
2 228
communal
-
-
-
-
health
-
-
-
4 164
surtax
-
-
-
2 937
pensions
-
-
-
8 879
total
-
-
-
18 707
Employee
74 548
-
49 576
-
pensions
5 963
-
3 966
-
income
7 201
-
2 455
-
surtax
4 569
-
3 038
-
health
3 318
-
2 206
-
total
21 051
-
11 665
-
Employer
74 548
-
49 576
-
health
2 273
-
1 511
-
pensions
5 963
-
3 966
-
accident
671
-
446
-
total
8 907
-
5 923
-
Corporate
-
55 500
-
-
income
-
8 324
-
-
surtax
-
583
-
-
communal
-
3 746
-
-
total
-
12 653
-
-
Dividends
-
42 847
-
-
income
-
1 530
-
-
withholding
-
6 426
-
-
total
-
7 956
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 958
20 609
17 588
18 707
After tax
25 542
34 891
37 912
36 793
Living cost
53 497
53 497
53 497
53 497
Free-cash
-27 955
-18 606
-15 585
-16 704

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12799
₽9666
₽9346
₽8156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
unemployment
-
-
-
224
income
-
-
-
8 306
health
-
-
-
3 940
surtax
-
-
-
473
pensions
-
-
-
11 100
other
-
-
-
-
total
-
-
-
24 043
Employee
33 151
-
45 849
-
pensions
2 212
-
3 058
-
unemployment
2 307
-
3 191
-
income
5 558
-
7 782
-
other
-
-
-
-
surtax
118
-
383
-
health
846
-
1 169
-
total
11 041
-
15 583
-
Employer
33 151
-
45 849
-
health
1 508
-
2 085
-
pensions
4 420
-
6 112
-
other
-
-
-
-
unemployment
1 052
-
1 453
-
total
6 980
-
9 650
-
Corporate
15 369
55 500
-
-
income
3 996
14 429
-
-
total
3 996
14 429
-
-
Dividends
11 374
41 071
-
-
withholding
1 706
6 161
-
-
total
1 706
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 723
20 590
25 233
24 043
After tax
31 777
34 910
30 267
31 457
Living cost
22 111
22 111
22 111
22 111
Free-cash
9 666
12 799
8 156
9 346

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2653
₽468
₽3532
₽414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
331
national
-
-
-
10 009
regional
-
-
-
836
social contributions
-
-
-
14 274
total
-
-
-
25 450
Employee
54 606
-
55 500
-
national
8 651
-
8 812
-
social contributions
18 414
-
18 715
-
municipal
290
-
295
-
regional
735
-
746
-
total
28 090
-
28 568
-
Employer
54 606
-
55 500
-
total
-
-
-
-
Corporate
894
55 500
-
-
municipal
45
2 759
-
-
nationa
215
13 320
-
-
total
260
16 079
-
-
Dividends
634
39 421
-
-
withholding
164
10 250
-
-
total
164
10 250
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 514
26 329
28 568
25 450
After tax
26 986
29 171
26 932
30 050
Living cost
26 518
26 518
26 518
26 518
Free-cash
468
2 653
414
3 532

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8031
-₽3974
-₽3149
-₽2016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
4 770
health
-
-
-
7 492
social contributions
-
-
-
16 206
total
-
-
-
28 468
Employee
44 383
-
41 418
-
social contributions
2 885
-
2 692
-
income
5 326
-
4 970
-
solidarity contribution
-
-
-
-
health
5 992
-
5 591
-
total
14 203
-
13 253
-
Employer
44 383
-
41 418
-
social contributions
11 096
-
10 354
-
health
3 994
-
3 728
-
total
15 090
-
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
29 293
17 288
27 335
28 468
After tax
26 207
38 212
28 165
27 032
Living cost
30 181
30 181
30 181
30 181
Free-cash
-3 974
8 031
-2 016
-3 149

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽535
-₽850
-₽411
-₽9806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
3 732
chamber of commerce
-
-
-
222
health
-
-
-
4 246
surtax
-
-
-
-
pensions
-
-
-
10 267
total
-
-
-
24 505
Employee
43 031
39 230
43 098
-
pensions
4 407
4 016
4 412
-
unemployment
1 291
1 177
1 293
-
income
3 833
2 894
3 852
-
other
430
392
432
-
health
1 664
1 519
1 668
-
total
11 625
9 998
11 657
-
Employer
43 031
39 230
43 098
-
chamber of commerce
172
157
172
-
health
1 627
1 483
1 629
-
payroll
1 291
1 177
1 293
-
pensions
5 401
4 924
5 408
-
surtax
-
-
-
-
accident
559
510
560
-
other
2 044
1 862
2 047
-
unemployment
1 291
1 177
1 293
-
total
12 385
11 290
12 402
-
Corporate
3 736
4 979
39 362
-
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.

934
1 244
9 841
-
total
934
1 244
9 841
-
Dividends
-
3 735
-
-
withholding
-
1 027
-
-
total
-
1 027
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 944
23 559
33 900
24 505
After tax
30 556
31 941
21 600
30 995
Living cost
31 406
31 406
31 406
31 406
Free-cash
-850
535
-9 806
-411

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39471
₽36985
₽41691
₽31146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 567
-
55 500
-
income
3 314
-
11 100
-
total
3 314
-
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%.

38 933
55 500
-
-
total
-
-
-
-
Dividends
38 933
55 500
-
-
withholding
1 947
2 775
-
-
total
1 947
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 261
2 775
11 100
555
After tax
50 239
52 725
44 400
54 945
Living cost
13 254
13 254
13 254
13 254
Free-cash
36 985
39 471
31 146
41 691

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
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.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11807
₽3574
₽4192
₽2554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
84
income
-
-
-
9 222
health
-
-
-
5 462
pensions
-
-
-
10 136
total
-
-
-
24 904
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.

43 531
-
48 024
-
pensions
6 748
-
7 444
-
unemployment
62
-
67
-
income
7 507
-
8 452
-
health
2 811
-
3 103
-
total
17 128
-
19 066
-
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.

43 531
-
48 024
-
health
2 899
-
3 198
-
pensions
3 852
-
4 250
-
unemployment
26
-
28
-
total
6 777
-
7 476
-
Corporate
5 192
55 500
-
-
income
986
10 545
-
-
total
986
10 545
-
-
Dividends
4 205
44 955
-
-
withholding
631
6 744
-
-
total
631
6 744
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 522
17 289
26 542
24 904
After tax
29 978
38 211
28 958
30 596
Living cost
26 404
26 404
26 404
26 404
Free-cash
3 574
11 807
2 554
4 192

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12539
-₽104513
-₽7950
-₽4923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
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
113 708
21 734
14 118
17 145
After tax
-58 208
33 766
41 382
38 355
Living cost
46 305
46 305
46 305
46 305
Free-cash
-104 513
-12 539
-4 923
-7 950

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽690
-₽528
₽1194
-₽249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 142
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 428
Employee
45 275
-
44 848
-
social contributions
4 980
-
4 934
-
income
9 417
-
9 285
-
surtax
-
-
-
-
total
14 397
-
14 219
-
Employer
45 275
-
44 848
-
social contributions
10 753
-
10 652
-
total
10 753
-
10 652
-
Corporate
-
55 500
-
-
income
-
11 655
-
-
surtax
-
-
-
-
total
-
11 655
-
-
Dividends
-
43 845
-
-
withholding
-
12 277
-
-
total
-
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 150
23 932
24 871
23 428
After tax
30 350
31 568
30 629
32 072
Living cost
30 878
30 878
30 878
30 878
Free-cash
-528
690
-249
1 194

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19575
-₽25413
-₽14265
-₽13749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 432
health
-
-
-
482
surtax
-
-
-
-
pensions
-
-
-
16 002
other
-
-
-
1 721
social contributions
-
-
-
1 582
total
-
-
-
22 219
Employee
61 655
-
42 291
-
pensions
6 974
-
4 784
-
social contributions
1 756
-
1 205
-
income
5 380
-
2 505
-
surtax
-
-
-
-
total
14 110
-
8 494
-
Employer
61 655
-
42 291
-
social contributions
185
-
127
-
health
4 315
-
2 961
-
pensions
10 131
-
6 949
-
other
2 128
-
1 459
-
unemployment
2 498
-
1 713
-
total
19 257
-
13 209
-
Corporate
-
55 500
-
-
income
-
15 541
-
-
surtax
-
-
-
-
total
-
15 541
-
-
Dividends
-
39 959
-
-
social contributions
-
6 873
-
-
surtax
-
-
-
-
withholding
-
5 115
-
-
total
-
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 367
27 529
21 703
22 219
After tax
22 133
27 971
33 797
33 281
Living cost
47 546
47 546
47 546
47 546
Free-cash
-25 413
-19 575
-13 749
-14 265

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20359
₽17052
₽13699
₽15332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
31 648
-
48 052
-
social contributions
2 057
-
3 123
-
income
-
-
6
-
total
2 057
-
3 129
-
Employer
31 648
-
48 052
-
social contributions
4 906
-
7 448
-
total
4 906
-
7 448
-
Corporate
18 947
55 500
-
-
income
1 894
5 550
-
-
total
1 894
5 550
-
-
Dividends
17 052
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 857
5 550
10 577
12 210
After tax
46 643
49 950
44 923
43 290
Living cost
29 591
29 591
29 591
29 591
Free-cash
17 052
20 359
15 332
13 699

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
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.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽158574
-₽158574
-₽11235
-₽158574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
8 957
national
-
-
-
5 235
labour market
-
-
-
4 372
pensions
-
-
-
852
total
-
-
-
19 416
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
166 755
166 755
166 755
19 416
After tax
-111 255
-111 255
-111 255
36 084
Living cost
47 319
47 319
47 319
47 319
Free-cash
-158 574
-158 574
-158 574
-11 235

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16670
₽1248
₽17193
₽8142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
10 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
17 141
Employee
33 296
-
46 104
-
pensions
3 749
-
5 191
-
income
4 568
-
6 325
-
health
3 813
-
5 279
-
total
12 130
-
16 795
-
Employer
33 296
-
46 104
-
pensions
5 414
-
7 497
-
accident
556
-
770
-
unemployment
816
-
1 130
-
total
6 786
-
9 397
-
Corporate
15 419
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.

13 877
49 950
-
-
total
13 877
49 950
-
-
Dividends
1 542
5 550
-
-
withholding
293
1 054
-
-
total
293
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 086
51 004
26 192
17 141
After tax
22 414
4 496
29 308
38 359
Living cost
21 166
21 166
21 166
21 166
Free-cash
1 248
-16 670
8 142
17 193

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
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.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽585
-₽6064
₽5375
-₽3497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 910
national
-
-
-
1 976
health
-
-
-
445
total
-
-
-
12 331
Employee
51 792
-
46 690
-
national
856
-
579
-
pensions
3 495
-
3 151
-
unemployment
777
-
701
-
municipal
8 483
-
7 655
-
health
387
-
308
-
total
13 998
-
12 394
-
Employer
51 792
-
46 690
-
health
398
-
359
-
pensions
8 986
-
8 100
-
accident
52
-
47
-
unemployment
336
-
303
-
total
9 772
-
8 809
-
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
-
5 995
-
-
national
-
26
-
-
total
-
6 021
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 770
17 121
21 203
12 331
After tax
31 730
38 379
34 297
43 169
Living cost
37 794
37 794
37 794
37 794
Free-cash
-6 064
585
-3 497
5 375

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10449
₽12723
₽20834
₽14787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 799
health
-
-
-
1 416
social contributions
-
-
-
8 659
total
-
-
-
11 874
Employee
75 696
75 696
75 696
-
social contributions
2 862
6 282
4 183
-
income
8 242
7 007
7 766
-
health
587
1 287
857
-
total
11 691
14 576
12 806
-
Employer
75 696
75 696
75 696
-
social contributions
2 862
6 282
4 183
-
health
637
1 401
932
-
total
3 499
7 683
5 115
-
Corporate
17 519
-
-
-
income
2 189
-
-
-
total
2 189
-
-
-
Dividends
15 329
-
-
-
withholding
2 606
-
-
-
total
2 606
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 985
22 259
17 921
11 874
After tax
35 515
33 241
37 579
43 626
Living cost
22 792
22 792
22 792
22 792
Free-cash
12 723
10 449
14 787
20 834

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
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.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30331
₽25323
₽25345
₽18754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
4 674
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
14 526
Employee

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

22 596
-
50 318
-
pensions
3 389
-
7 547
-
unemployment
112
-
252
-
income
1 545
-
3 858
-
health
1 920
-
4 278
-
total
6 966
-
15 935
-
Employer

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

22 596
-
50 318
-
health
971
-
2 163
-
pensions
1 242
-
2 767
-
unemployment
112
-
252
-
total
2 325
-
5 182
-
Corporate
30 579
55 500
-
-
income
2 752
4 995
-
-
total
2 752
4 995
-
-
Dividends
27 827
50 505
-
-
withholding
2 505
4 545
-
-
total
2 505
4 545
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 548
9 540
21 117
14 526
After tax
40 952
45 960
34 383
40 974
Living cost
15 629
15 629
15 629
15 629
Free-cash
25 323
30 331
18 754
25 345

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10424
₽5161
₽3551
₽3946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
389
accident
-
-
-
499
income
-
-
-
8 228
pensions
-
-
-
15 707
other
-
-
-
56
total
-
-
-
24 879
Employee
36 399
-
42 083
-
pensions
1 711
-
1 978
-
unemployment
564
-
652
-
income
7 018
-
8 396
-
other
35
-
43
-
total
9 328
-
11 069
-
Employer
36 399
-
42 083
-
pensions
8 590
-
9 931
-
accident
721
-
833
-
other
291
-
336
-
unemployment
2 003
-
2 315
-
total
11 605
-
13 415
-
Corporate
7 496
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.

1 125
8 324
-
-
total
1 125
8 324
-
-
Dividends
6 371
47 176
-
-
withholding
1 211
9 682
-
-
total
1 211
9 682
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 269
18 006
24 484
24 879
After tax
32 231
37 494
31 016
30 621
Living cost
27 070
27 070
27 070
27 070
Free-cash
5 161
10 424
3 946
3 551

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽32966
₽32693
₽33430
₽33311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 307
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
20 404
Employee
2 538
-
54 133
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
18 243
-
health
127
-
304
-
total
871
-
19 155
-
Employer
2 538
-
54 133
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
52 391
55 500
-
-
income
11 526
12 210
-
-
total
11 526
12 210
-
-
Dividends
40 865
43 290
-
-
withholding
8 173
8 658
-
-
total
8 173
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 141
20 868
20 523
20 404
After tax
34 359
34 632
34 977
35 096
Living cost
1 666
1 666
1 666
1 666
Free-cash
32 693
32 966
33 311
33 430

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23104
₽18268
₽10495
₽12885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
833
income
-
-
-
7 031
health
-
-
-
5 716
pensions
-
-
-
14 430
total
-
-
-
28 010
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.

25 628
-
47 074
-
pensions
3 588
-
6 590
-
unemployment
192
-
353
-
income
3 533
-
7 827
-
health
1 320
-
2 424
-
total
8 633
-
17 194
-
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.

25 628
-
47 074
-
health
1 320
-
2 424
-
pensions
3 075
-
5 649
-
unemployment
192
-
353
-
total
4 587
-
8 426
-
Corporate
25 285
55 500
-
-
income
3 793
8 325
-
-
total
3 793
8 325
-
-
Dividends
21 492
47 175
-
-
withholding
3 224
7 076
-
-
total
3 224
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 237
15 401
25 620
28 010
After tax
35 263
40 099
29 880
27 490
Living cost
16 995
16 995
16 995
16 995
Free-cash
18 268
23 104
12 885
10 495

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5029
₽4676
₽5533
₽4090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 142
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 428
Employee
38 207
-
44 848
-
social contributions
4 203
-
4 934
-
income
7 465
-
9 285
-
surtax
-
-
-
-
total
11 668
-
14 219
-
Employer
38 207
-
44 848
-
social contributions
9 073
-
10 652
-
total
9 073
-
10 652
-
Corporate
8 220
55 500
-
-
income
1 726
11 655
-
-
surtax
-
-
-
-
total
1 726
11 655
-
-
Dividends
6 493
43 845
-
-
withholding
1 818
12 277
-
-
total
1 818
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 285
23 932
24 871
23 428
After tax
31 215
31 568
30 629
32 072
Living cost
26 539
26 539
26 539
26 539
Free-cash
4 676
5 029
4 090
5 533

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2898
-₽7201
-₽3975
-₽3580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
389
accident
-
-
-
499
income
-
-
-
8 228
pensions
-
-
-
15 707
other
-
-
-
56
total
-
-
-
24 879
Employee
47 542
-
42 083
-
pensions
2 234
-
1 978
-
unemployment
736
-
652
-
income
9 930
-
8 396
-
other
47
-
43
-
total
12 947
-
11 069
-
Employer
47 542
-
42 083
-
pensions
11 220
-
9 931
-
accident
942
-
833
-
other
381
-
336
-
unemployment
2 615
-
2 315
-
total
15 158
-
13 415
-
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.

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 682
-
-
total
-
9 682
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 105
18 006
24 484
24 879
After tax
27 395
37 494
31 016
30 621
Living cost
34 596
34 596
34 596
34 596
Free-cash
-7 201
2 898
-3 580
-3 975

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30399
₽24359
₽20876
₽21768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
8 325
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
17 571
Employee
22 581
-
48 706
-
pensions

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

1 982
-
3 040
-
income
2 258
-
4 871
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
9 885
-
Employer
22 581
-
48 706
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
28 489
55 500
-
-
income
2 849
5 550
-
-
total
2 849
5 550
-
-
Dividends
25 640
49 950
-
-
withholding
1 282
2 498
-
-
total
1 282
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 088
8 048
16 679
17 571
After tax
41 412
47 452
38 821
37 929
Living cost
17 053
17 053
17 053
17 053
Free-cash
24 359
30 399
21 768
20 876

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9249
₽3630
₽3173
₽4570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 397
income

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

-
-
-
5 877
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.

-
-
-
6 725
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.

-
-
-
323
total
-
-
-
14 322
Employee

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

48 980
-
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.

4 028
-
5 877
-
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.

222
-
323
-
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.

6 725
-
6 725
-
total
10 975
-
12 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 520
55 500
-
-
income
977
8 324
-
-
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.

54
458
-
-
trade
936
7 964
-
-
chamber of commerce
159
232
-
-
total
2 126
16 978
-
-
Dividends
4 394
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.

39
510
-
-
withholding
725
9 256
-
-
total
764
9 766
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 865
26 744
12 925
14 322
After tax
41 635
28 756
42 575
41 178
Living cost
38 005
38 005
38 005
38 005
Free-cash
3 630
-9 249
4 570
3 173

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17226
-₽21503
-₽12625
-₽12625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 018
social contributions
-
-
-
4 031
total
-
-
-
12 049
Employee
77 003
-
55 500
-
social contributions
6 397
-
4 031
-
income
14 530
-
8 018
-
total
20 927
-
12 049
-
Employer
77 003
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 938
-
-
total
-
6 938
-
-
Dividends
-
48 562
-
-
withholding
-
9 712
-
-
total
-
9 712
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 927
16 650
12 049
12 049
After tax
34 573
38 850
43 451
43 451
Living cost
56 076
56 076
56 076
56 076
Free-cash
-21 503
-17 226
-12 625
-12 625

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4859
₽841
-₽14347
₽4358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 021
health

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

-
-
-
6 092
total
-
-
-
34 113
Employee
45 159
-
50 972
-
social contributions
4 525
-
4 528
-
income
4 900
-
6 352
-
total
9 425
-
10 880
-
Employer
45 159
-
50 972
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
5 817
55 500
-
-
income
2 036
19 424
-
-
total
2 036
19 424
-
-
Dividends
3 780
36 076
-
-
social contributions
2 939
5 201
-
-
total
2 939
5 201
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 925
24 625
15 408
34 113
After tax
36 575
30 875
40 092
21 387
Living cost
35 734
35 734
35 734
35 734
Free-cash
841
-4 859
4 358
-14 347

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4789
-₽1067
₽4933
-₽634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 432
pensions
-
-
-
3 342
total
-
-
-
13 774
Employee
50 504
-
49 584
-
pensions
3 855
-
3 746
-
income
9 197
-
9 040
-
health
659
-
639
-
total
13 711
-
13 425
-
Employer
50 504
-
49 584
-
health
960
-
942
-
pensions
5 103
-
4 974
-
total
6 063
-
5 916
-
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.

-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
3 373
-
-
total
-
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 774
13 918
19 341
13 774
After tax
35 726
41 582
36 159
41 726
Living cost
36 793
36 793
36 793
36 793
Free-cash
-1 067
4 789
-634
4 933

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
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.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18766
₽927
₽15097
₽6046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
10 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
17 141
Employee
36 592
-
46 104
-
pensions
4 120
-
5 191
-
income
5 020
-
6 325
-
health
4 190
-
5 279
-
total
13 330
-
16 795
-
Employer
36 592
-
46 104
-
pensions
5 950
-
7 497
-
accident
611
-
770
-
unemployment
896
-
1 130
-
total
7 457
-
9 397
-
Corporate
11 452
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.

10 306
49 950
-
-
total
10 306
49 950
-
-
Dividends
1 145
5 550
-
-
withholding
218
1 054
-
-
total
218
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 311
51 004
26 192
17 141
After tax
24 189
4 496
29 308
38 359
Living cost
23 262
23 262
23 262
23 262
Free-cash
927
-18 766
6 046
15 097

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33868
₽29080
₽19566
₽19566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
666
health insurance
-
-
-
4 107
income
-
-
-
7 365
work injury
-
-
-
277
pensions
-
-
-
10 212
total
-
-
-
22 627
Employee

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

21 291
-
55 500
-
work injury
106
-
277
-
pensions
3 917
-
10 212
-
unemployment
255
-
666
-
income
2 129
-
7 365
-
health insurance
1 575
-
4 107
-
total
7 982
-
22 627
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 209
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
34 209
55 500
-
-
withholding
5 131
8 325
-
-
total
5 131
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 113
8 325
22 627
22 627
After tax
42 387
47 175
32 873
32 873
Living cost
13 307
13 307
13 307
13 307
Free-cash
29 080
33 868
19 566
19 566

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9982
-₽27452
-₽9216
-₽12298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
372
national
-
-
-
10 009
regional
-
-
-
845
social contributions
-
-
-
14 274
total
-
-
-
25 500
Employee
82 952
-
55 500
-
national
14 018
-
8 812
-
social contributions
27 971
-
18 715
-
municipal
495
-
331
-
regional
1 252
-
724
-
total
43 736
-
28 582
-
Employer
82 952
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 675
-
-
nationa
-
13 320
-
-
total
-
15 995
-
-
Dividends
-
39 505
-
-
withholding
-
10 271
-
-
total
-
10 271
-
-
Income
55 500
55 500
55 500
55 500
Total tax
43 736
26 266
28 582
25 500
After tax
11 764
29 234
26 918
30 000
Living cost
39 216
39 216
39 216
39 216
Free-cash
-27 452
-9 982
-12 298
-9 216

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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