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
₽9813
-₽752
₽13519
₽11772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 747
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.

-
-
-
6 186
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.

-
-
-
6 525
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.

-
-
-
341
total
-
-
-
14 799
Employee

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

36 530
-
55 500
-
surtax

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

56
-
341
-
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.

6 525
-
6 525
-
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.

1 020
-
6 186
-
total
7 601
-
13 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 970
55 500
-
-
trade
2 987
8 741
-
-
income
2 846
8 325
-
-
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.

156
459
-
-
chamber of commerce
172
225
-
-
total
6 161
17 750
-
-
Dividends
12 809
37 751
-
-
withholding
2 840
9 075
-
-
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.

156
498
-
-
total
2 996
9 573
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 758
27 323
13 052
14 799
After tax
38 742
28 177
42 448
40 701
Living cost
28 929
28 929
28 929
28 929
Free-cash
9 813
-752
13 519
11 772

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27456
-₽14429
-₽13808
-₽14244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
597
pensions
-
-
-
6 660
municipal
-
-
-
5 266
national
-
-
-
8 160
total
-
-
-
20 683
Employee
76 054
-
47 979
-
national
14 557
-
8 493
-
municipal
9 394
-
5 481
-
pensions
3 042
-
1 919
-
total
26 993
-
15 893
-
Employer
76 054
-
47 979
-
pensions
6 084
-
3 838
-
social contributions
818
-
516
-
total
6 902
-
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
33 895
20 868
20 247
20 683
After tax
21 605
34 632
35 253
34 817
Living cost
49 061
49 061
49 061
49 061
Free-cash
-27 456
-14 429
-13 808
-14 244

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16696
₽24531
₽11869
₽24298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
3 007
income
-
-
-
-
microenterprise
-
-
-
8 325
surtax
-
-
-
-
total
-
-
-
11 332
Employee
27 908
-
44 725
-
surtax
-
-
-
-
social contributions

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

3 070
-
4 919
-
income
4 968
-
8 067
-
total
8 038
-
12 986
-
Employer
27 908
-
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.

6 722
-
10 775
-
surtax
-
-
-
-
total
6 722
-
10 775
-
Corporate
20 869
55 500
-
-
income

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

4 174
11 099
-
-
total
4 174
11 099
-
-
Dividends

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

16 695
44 401
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 934
11 099
23 761
11 332
After tax
36 566
44 401
31 739
44 168
Living cost
19 870
19 870
19 870
19 870
Free-cash
16 696
24 531
11 869
24 298

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39342
-₽33980
-₽39342
-₽8283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 264
pensions
-
-
-
9 990
health
-
-
-
8 519
total
-
-
-
23 773
Employee
81 561
81 561
81 561
-
health
12 519
10 648
12 519
-
pensions
14 681
11 190
14 681
-
income

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

13 350
13 350
13 350
-
total
40 550
35 188
40 550
-
Employer
81 561
81 561
81 561
-
pensions
5 677
5 677
5 677
-
unemployment
2 936
2 936
2 936
-
health
5 669
5 669
5 669
-
total
14 282
14 282
14 282
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
54 832
49 470
54 832
23 773
After tax
668
6 030
668
31 727
Living cost
40 010
40 010
40 010
40 010
Free-cash
-39 342
-33 980
-39 342
-8 283

Estimated living cost  is ₽40010 per week

₽28354
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.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18270
-₽9091
-₽9755
-₽11728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
6 449
unemployment
-
-
-
55
pensions
-
-
-
6 000
municipal
-
-
-
11 756
accident
-
-
-
111
national
-
-
-
-
health
-
-
-
3 463
total
-
-
-
27 834
Employee
56 132
-
42 231
-
national
-
-
-
-
municipal
16 739
-
12 593
-
total
16 739
-
12 593
-
Employer
56 132
-
42 231
-
other
6 523
-
4 907
-
accident
112
-
84
-
pensions
6 068
-
4 565
-
unemployment
1 482
-
1 115
-
health
3 452
-
2 597
-
total
17 637
-
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
34 376
25 197
25 861
27 834
After tax
21 124
30 303
29 639
27 666
Living cost
39 394
39 394
39 394
39 394
Free-cash
-18 270
-9 091
-9 755
-11 728

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3793
-₽9628
₽4928
₽3103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 825
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.

-
-
-
6 186
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.

-
-
-
6 525
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.

-
-
-
341
total
-
-
-
14 877
Employee

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

48 434
-
55 500
-
surtax

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

228
-
341
-
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.

6 525
-
6 525
-
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.

4 161
-
6 186
-
total
10 914
-
13 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 066
55 500
-
-
trade
1 162
9 129
-
-
income
1 060
8 325
-
-
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
459
-
-
chamber of commerce
156
225
-
-
total
2 436
18 138
-
-
Dividends
4 630
37 363
-
-
withholding
794
8 977
-
-
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.

43
493
-
-
total
837
9 470
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 187
27 608
13 052
14 877
After tax
41 313
27 892
42 448
40 623
Living cost
37 520
37 520
37 520
37 520
Free-cash
3 793
-9 628
4 928
3 103

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
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.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5914
₽2925
₽6882
₽12431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
8 658
income
-
-
-
2 017
health
-
-
-
1 416
total
-
-
-
12 091
Employee
73 442
73 442
73 442
-
health
730
1 249
857
-
social contributions
3 569
6 095
4 181
-
income
7 712
6 799
7 489
-
total
12 011
14 143
12 527
-
Employer
73 442
73 442
73 442
-
social contributions
3 569
6 095
4 181
-
health
796
1 359
932
-
total
4 365
7 454
5 113
-
Corporate
8 146
-
-
-
income
1 019
-
-
-
total
1 019
-
-
-
Dividends
7 128
-
-
-
withholding
1 213
-
-
-
total
1 213
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 608
21 597
17 640
12 091
After tax
36 892
33 903
37 860
43 409
Living cost
30 978
30 978
30 978
30 978
Free-cash
5 914
2 925
6 882
12 431

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14118
₽13751
₽14505
₽20779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 550
health
-
-
-
3 885
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.

25 506
10 151
46 444
-
unemployment
383
152
697
-
health
1 785
711
3 251
-
pensions
2 551
1 015
4 644
-
income
3 118
1 241
5 678
-
total
7 837
3 119
14 270
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 506
10 151
46 444
-
pensions
4 974
1 979
9 056
-
total
4 974
1 979
9 056
-
Corporate
25 020
43 369
-
-
income
2 252
3 903
-
-
total
2 252
3 903
-
-
Dividends
22 768
39 466
-
-
withholding
4 326
7 499
-
-
social contributions
4 324
7 580
-
-
total
8 650
15 079
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 713
24 080
23 326
17 052
After tax
31 787
31 420
32 174
38 448
Living cost
17 669
17 669
17 669
17 669
Free-cash
14 118
13 751
14 505
20 779

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽15398
₽21332
₽9552
₽7623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 494
pensions
-
-
-
11 099
health
-
-
-
7 215
total
-
-
-
24 808
Employee
27 094
-
41 481
-
unemployment
433
-
663
-
pensions
542
-
830
-
income
3 050
-
7 366
-
total
4 025
-
8 859
-
Employer
27 094
-
41 481
-
pensions
5 419
-
8 296
-
unemployment
217
-
332
-
health
3 522
-
5 392
-
total
9 158
-
14 020
-
Corporate
19 247
55 500
-
-
income
3 850
11 099
-
-
total
3 850
11 099
-
-
Dividends
15 398
44 401
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 033
11 099
22 879
24 808
After tax
38 467
44 401
32 621
30 692
Living cost
23 069
23 069
23 069
23 069
Free-cash
15 398
21 332
9 552
7 623

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1199
-₽16989
₽7824
₽16874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
362
income
-
-
-
10 339
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
17 141
Employee
33 797
-
46 104
-
health
3 870
-
5 279
-
pensions
3 806
-
5 191
-
income
4 637
-
6 325
-
total
12 313
-
16 795
-
Employer
33 797
-
46 104
-
accident
564
-
770
-
pensions
5 496
-
7 496
-
unemployment
828
-
1 130
-
total
6 888
-
9 396
-
Corporate
14 815
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.

13 334
49 950
-
-
total
13 334
49 950
-
-
Dividends
1 481
5 550
-
-
withholding
281
1 054
-
-
total
281
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 816
51 004
26 191
17 141
After tax
22 684
4 496
29 309
38 359
Living cost
21 485
21 485
21 485
21 485
Free-cash
1 199
-16 989
7 824
16 874

Estimated living cost  is ₽21485 per week

₽15747
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
₽43434
₽44901
₽36576
₽47121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
9 780
-
55 500
-
income
1 956
-
11 100
-
total
1 956
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

45 720
55 500
-
-
total
-
-
-
-
Dividends
45 720
55 500
-
-
withholding
2 286
2 775
-
-
total
2 286
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 242
2 775
11 100
555
After tax
51 258
52 725
44 400
54 945
Living cost
7 824
7 824
7 824
7 824
Free-cash
43 434
44 901
36 576
47 121

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8876
₽15329
₽7082
₽4604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
2 637
income
-
-
-
7 049
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.

-
-
-
13 320
health
-
-
-
2 441
total
-
-
-
25 447
Employee
34 678
-
44 328
-
unemployment
346
-
444
-
health
486
-
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.

2 427
-
3 103
-
income
5 970
-
7 630
-
total
9 229
-
11 797
-
Employer
34 678
-
44 328
-
other
1 735
-
2 217
-
accident
277
-
355
-
pensions

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

5 896
-
7 536
-
unemployment
346
-
444
-
health
486
-
620
-
total
8 740
-
11 172
-
Corporate
12 082
55 500
-
-
income
2 537
11 654
-
-
total
2 537
11 654
-
-
Dividends
9 545
43 846
-
-
withholding
669
3 068
-
-
total
669
3 068
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 175
14 722
22 969
25 447
After tax
34 325
40 778
32 531
30 053
Living cost
25 449
25 449
25 449
25 449
Free-cash
8 876
15 329
7 082
4 604

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45643
-₽21287
-₽26871
-₽21212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 416
pensions
-
-
-
3 426
total
-
-
-
13 842
Employee
88 951
-
49 502
-
health
1 466
-
656
-
pensions
8 581
-
3 847
-
income
16 034
-
9 000
-
total
26 081
-
13 503
-
Employer
88 951
-
49 502
-
pensions
10 503
-
5 058
-
health
1 689
-
940
-
total
12 192
-
5 998
-
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.

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 373
-
-
total
-
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
38 273
13 917
19 501
13 842
After tax
17 227
41 583
35 999
41 658
Living cost
62 870
62 870
62 870
62 870
Free-cash
-45 643
-21 287
-26 871
-21 212

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30494
₽34932
₽26709
₽25748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
8 325
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
17 231
Employee
16 580
-
48 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
4 895
-
total
4 060
-
9 725
-
Employer
16 580
-
48 955
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
35 667
55 500
-
-
income
3 567
5 550
-
-
total
3 567
5 550
-
-
Dividends
32 100
49 950
-
-
withholding
1 605
2 497
-
-
total
1 605
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 485
8 047
16 270
17 231
After tax
43 015
47 453
39 230
38 269
Living cost
12 521
12 521
12 521
12 521
Free-cash
30 494
34 932
26 709
25 748

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48551
-₽46931
-₽52293
-₽21234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 264
pensions
-
-
-
9 990
health
-
-
-
8 519
total
-
-
-
23 773
Employee
88 549
81 561
81 561
-
health
11 047
10 648
12 519
-
pensions
11 190
11 190
14 681
-
income

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

13 350
13 350
13 350
-
total
35 587
35 188
40 550
-
Employer
88 549
81 561
81 561
-
pensions
6 162
5 677
5 677
-
unemployment
3 188
2 936
2 936
-
health
6 153
5 669
5 669
-
total
15 503
14 282
14 282
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
51 090
49 470
54 832
23 773
After tax
4 410
6 030
668
31 727
Living cost
52 961
52 961
52 961
52 961
Free-cash
-48 551
-46 931
-52 293
-21 234

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6026
₽14490
₽4443
₽3309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
16 206
income
-
-
-
4 770
health
-
-
-
7 493
solidarity contribution
-
-
-
-
total
-
-
-
28 469
Employee
34 885
-
41 418
-
solidarity contribution
-
-
-
-
health
4 710
-
5 591
-
social contributions
2 268
-
2 692
-
income
4 186
-
4 970
-
total
11 164
-
13 253
-
Employer
34 885
-
41 418
-
social contributions
8 721
-
10 354
-
health
3 140
-
3 728
-
total
11 861
-
14 082
-
Corporate
8 754
55 500
-
-
income
1 663
10 545
-
-
total
1 663
10 545
-
-
Dividends
7 091
44 955
-
-
withholding
1 064
6 743
-
-
total
1 064
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 752
17 288
27 335
28 469
After tax
29 748
38 212
28 165
27 031
Living cost
23 722
23 722
23 722
23 722
Free-cash
6 026
14 490
4 443
3 309

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29381
-₽10689
-₽13142
-₽10005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
556
social contributions
-
-
-
14 275
municipal
-
-
-
330
national
-
-
-
10 043
total
-
-
-
25 204
Employee
84 882
-
55 500
-
national
14 708
-
8 845
-
regional
801
-
487
-
municipal
449
-
294
-
social contributions
28 622
-
18 715
-
total
44 580
-
28 341
-
Employer
84 882
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 320
-
-
municipal
-
2 164
-
-
total
-
15 484
-
-
Dividends
-
40 016
-
-
withholding
-
10 404
-
-
total
-
10 404
-
-
Income
55 500
55 500
55 500
55 500
Total tax
44 580
25 888
28 341
25 204
After tax
10 920
29 612
27 159
30 296
Living cost
40 301
40 301
40 301
40 301
Free-cash
-29 381
-10 689
-13 142
-10 005

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10861
₽13832
₽9043
₽10242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
8 408
pensions
-
-
-
11 099
health
-
-
-
3 940
surtax
-
-
-
518
total
-
-
-
24 182
Employee
31 584
-
45 849
-
surtax
103
-
428
-
unemployment
2 199
-
3 192
-
other
-
-
-
-
health
807
-
1 169
-
pensions
2 106
-
3 058
-
income
5 294
-
7 882
-
total
10 509
-
15 729
-
Employer
31 584
-
45 849
-
other
-
-
-
-
pensions
4 210
-
6 112
-
unemployment
1 000
-
1 454
-
health
1 437
-
2 086
-
total
6 647
-
9 652
-
Corporate
17 268
55 500
-
-
income
4 489
14 431
-
-
total
4 489
14 431
-
-
Dividends
12 778
41 069
-
-
withholding
1 918
6 161
-
-
total
1 918
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 563
20 592
25 381
24 182
After tax
31 937
34 908
30 119
31 318
Living cost
21 076
21 076
21 076
21 076
Free-cash
10 861
13 832
9 043
10 242

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11698
-₽1368
-₽6952
-₽1293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 416
pensions
-
-
-
3 426
total
-
-
-
13 842
Employee
59 613
-
49 502
-
health
865
-
656
-
pensions
5 060
-
3 847
-
income
10 737
-
9 000
-
total
16 662
-
13 503
-
Employer
59 613
-
49 502
-
pensions
6 453
-
5 058
-
health
1 132
-
940
-
total
7 585
-
5 998
-
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.

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 373
-
-
total
-
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 247
13 917
19 501
13 842
After tax
31 253
41 583
35 999
41 658
Living cost
42 951
42 951
42 951
42 951
Free-cash
-11 698
-1 368
-6 952
-1 293

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽41613
-₽50387
-₽31486
-₽28668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other

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

-
-
-
1 109
city
-
-
-
584
regional
-
-
-
1 195
pensions
-
-
-
5 106
national
-
-
-
160
health
-
-
-
247
total
-
-
-
8 401
Employee
88 667
-
49 676
-
national
420
-
128
-
unemployment
-
-
-
-
city
952
-
533
-
regional
2 903
-
998
-
health
200
-
111
-
pensions
7 449
-
4 172
-
total
11 924
-
5 942
-
Employer
88 667
-
49 676
-
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.

1 773
-
994
-
pensions
7 449
-
4 172
-
unemployment
-
-
-
-
health
200
-
111
-
total
9 422
-
5 277
-
Corporate
-
55 500
-
-
regional
-
11 738
-
-
national
-
4 717
-
-
total
-
16 455
-
-
Dividends
-
39 045
-
-
withholding
-
13 665
-
-
total
-
13 665
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 346
30 120
11 219
8 401
After tax
34 154
25 380
44 281
47 099
Living cost
75 767
75 767
75 767
75 767
Free-cash
-41 613
-50 387
-31 486
-28 668

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1900
-₽16149
-₽1305
-₽3208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 903
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.

-
-
-
6 186
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.

-
-
-
6 525
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.

-
-
-
341
total
-
-
-
14 955
Employee

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

57 399
-
55 500
-
surtax

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

372
-
341
-
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.

6 525
-
6 525
-
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.

6 750
-
6 186
-
total
13 647
-
13 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
trade
-
9 519
-
-
income
-
8 325
-
-
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.

-
459
-
-
chamber of commerce
-
223
-
-
total
-
18 526
-
-
Dividends
-
36 975
-
-
withholding
-
8 881
-
-
surtax

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

-
489
-
-
total
-
9 370
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 647
27 896
13 052
14 955
After tax
41 853
27 604
42 448
40 545
Living cost
43 753
43 753
43 753
43 753
Free-cash
-1 900
-16 149
-1 305
-3 208

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽937
-₽4705
₽1044
₽570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
1 720
social contributions
-
-
-
1 580
income
-
-
-
2 518
pensions
-
-
-
15 955
health
-
-
-
480
surtax
-
-
-
-
total
-
-
-
22 253
Employee
40 876
-
42 294
-
surtax
-
-
-
-
pensions
4 622
-
4 783
-
social contributions
1 165
-
1 205
-
income
2 412
-
2 585
-
total
8 199
-
8 573
-
Employer
40 876
-
42 294
-
other
1 410
-
1 459
-
pensions
6 715
-
6 947
-
unemployment
1 655
-
1 713
-
social contributions
123
-
127
-
health
2 862
-
2 960
-
total
12 765
-
13 206
-
Corporate
1 859
55 500
-
-
income
520
15 540
-
-
surtax
-
-
-
-
total
520
15 540
-
-
Dividends
1 338
39 960
-
-
withholding
172
5 115
-
-
social contributions
230
6 873
-
-
surtax
-
-
-
-
total
402
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 886
27 528
21 779
22 253
After tax
33 614
27 972
33 721
33 247
Living cost
32 677
32 677
32 677
32 677
Free-cash
937
-4 705
1 044
570

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3841
-₽1467
₽4282
₽3808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
1 720
social contributions
-
-
-
1 580
income
-
-
-
2 518
pensions
-
-
-
15 955
health
-
-
-
480
surtax
-
-
-
-
total
-
-
-
22 253
Employee
36 488
-
42 294
-
surtax
-
-
-
-
pensions
4 127
-
4 783
-
social contributions
1 040
-
1 205
-
income
1 881
-
2 585
-
total
7 048
-
8 573
-
Employer
36 488
-
42 294
-
other
1 260
-
1 459
-
pensions
5 996
-
6 947
-
unemployment
1 477
-
1 713
-
social contributions
109
-
127
-
health
2 554
-
2 960
-
total
11 396
-
13 206
-
Corporate
7 617
55 500
-
-
income
2 133
15 540
-
-
surtax
-
-
-
-
total
2 133
15 540
-
-
Dividends
5 484
39 960
-
-
withholding
701
5 115
-
-
social contributions
942
6 873
-
-
surtax
-
-
-
-
total
1 643
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 220
27 528
21 779
22 253
After tax
33 280
27 972
33 721
33 247
Living cost
29 439
29 439
29 439
29 439
Free-cash
3 841
-1 467
4 282
3 808

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14105
₽13607
₽12997
₽15391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
7 659
income
-
-
-
8 325
health
-
-
-
3 873
total
-
-
-
19 857
Employee
32 383
-
55 500
-
health
2 260
-
3 873
-
social contributions
4 470
-
7 659
-
income
5 401
-
10 719
-
total
12 131
-
22 251
-
Employer
32 383
-
55 500
-
total
-
-
-
-
Corporate
23 117
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%.

1 156
2 775
-
-
total
1 156
2 775
-
-
Dividends
21 961
52 725
-
-
health
1 533
3 681
-
-
withholding
3 293
7 910
-
-
social contributions
3 030
7 275
-
-
total
7 856
18 866
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 143
21 641
22 251
19 857
After tax
34 357
33 859
33 249
35 643
Living cost
20 252
20 252
20 252
20 252
Free-cash
14 105
13 607
12 997
15 391

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7060
-₽1869
-₽12378
-₽2983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
221
unemployment
-
-
-
5 858
income
-
-
-
4 047
pensions
-
-
-
10 268
health
-
-
-
4 247
surtax
-
-
-
188
total
-
-
-
24 829
Employee
47 731
38 062
42 951
-
unemployment
1 432
1 142
1 289
-
other
477
381
430
-
health
1 847
1 474
1 662
-
pensions
4 888
3 897
4 399
-
income
5 434
2 807
4 064
-
total
14 078
9 701
11 844
-
Employer
47 731
38 062
42 951
-
payroll
1 432
1 142
1 289
-
other
2 267
1 807
2 039
-
accident
620
495
558
-
pensions
5 990
4 778
5 390
-
unemployment
1 432
1 142
1 289
-
chamber of commerce
190
152
172
-
surtax
188
188
188
-
health
1 803
1 439
1 624
-
total
13 922
11 143
12 549
-
Corporate
3 625
6 295
39 326
-
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.

906
1 573
9 831
-
total
906
1 573
9 831
-
Dividends
-
4 722
-
-
withholding
-
1 298
-
-
total
-
1 298
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 906
23 715
34 224
24 829
After tax
26 594
31 785
21 276
30 671
Living cost
33 654
33 654
33 654
33 654
Free-cash
-7 060
-1 869
-12 378
-2 983

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32705
-₽3551
-₽11041
-₽5091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
6 498
national
-
-
-
16 329
communal

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

-
-
-
2 940
total
-
-
-
25 767
Employee

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

68 318
-
42 989
-
national
21 004
-
11 345
-
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.

594
-
373
-
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.

3 210
-
2 021
-
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.

5 124
-
3 224
-
communal

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

3 563
-
2 242
-
total
33 495
-
19 205
-
Employer

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

68 318
-
42 989
-
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.

888
-
558
-
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.

6 054
-
3 808
-
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.

997
-
627
-
surtax
7 746
-
4 876
-
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.

4 201
-
2 643
-
total
19 886
-
12 512
-
Corporate
-
55 500
-
-
income
-
11 099
-
-
surtax
-
221
-
-
total
-
11 320
-
-
Dividends
-
44 179
-
-
withholding

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

-
12 907
-
-
total
-
12 907
-
-
Income
55 500
55 500
55 500
55 500
Total tax
53 381
24 227
31 717
25 767
After tax
2 119
31 273
23 783
29 733
Living cost
34 824
34 824
34 824
34 824
Free-cash
-32 705
-3 551
-11 041
-5 091

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7197
₽2994
-₽3579
-₽3972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
56
unemployment
-
-
-
388
income
-
-
-
8 329
pensions
-
-
-
15 707
accident
-
-
-
500
total
-
-
-
24 980
Employee
47 542
-
42 084
-
unemployment
738
-
652
-
other
47
-
42
-
pensions
2 235
-
1 977
-
income
10 031
-
8 500
-
total
13 051
-
11 171
-
Employer
47 542
-
42 084
-
other
379
-
335
-
accident
941
-
834
-
pensions
11 219
-
9 932
-
unemployment
2 615
-
2 315
-
total
15 154
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 325
-
-
total
-
8 325
-
-
Dividends
-
47 175
-
-
withholding
-
9 689
-
-
total
-
9 689
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 205
18 014
24 587
24 980
After tax
27 295
37 486
30 913
30 520
Living cost
34 492
34 492
34 492
34 492
Free-cash
-7 197
2 994
-3 579
-3 972

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25468
-₽17064
-₽14127
-₽15239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 358
pensions
-
-
-
8 879
accident
-
-
-
500
communal
-
-
-
-
health
-
-
-
4 163
surtax
-
-
-
2 936
total
-
-
-
18 836
Employee
72 328
-
49 577
-
surtax
4 433
-
3 038
-
health
3 219
-
2 206
-
pensions
5 785
-
3 966
-
income
6 986
-
2 590
-
total
20 423
-
11 800
-
Employer
72 328
-
49 577
-
accident
651
-
446
-
pensions
5 785
-
3 966
-
health
2 206
-
1 512
-
total
8 642
-
5 924
-
Corporate
-
55 500
-
-
income
-
8 325
-
-
communal
-
3 746
-
-
surtax
-
584
-
-
total
-
12 655
-
-
Dividends
-
42 845
-
-
withholding
-
6 427
-
-
income
-
1 579
-
-
total
-
8 006
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 065
20 661
17 724
18 836
After tax
26 435
34 839
37 776
36 664
Living cost
51 903
51 903
51 903
51 903
Free-cash
-25 468
-17 064
-14 127
-15 239

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10420
₽13456
₽8667
₽9866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
8 408
pensions
-
-
-
11 099
health
-
-
-
3 940
surtax
-
-
-
518
total
-
-
-
24 182
Employee
32 164
-
45 849
-
surtax
114
-
428
-
unemployment
2 238
-
3 192
-
other
-
-
-
-
health
821
-
1 169
-
pensions
2 146
-
3 058
-
income
5 392
-
7 882
-
total
10 711
-
15 729
-
Employer
32 164
-
45 849
-
other
-
-
-
-
pensions
4 288
-
6 112
-
unemployment
1 020
-
1 454
-
health
1 463
-
2 086
-
total
6 771
-
9 652
-
Corporate
16 565
55 500
-
-
income
4 306
14 431
-
-
total
4 306
14 431
-
-
Dividends
12 258
41 069
-
-
withholding
1 840
6 161
-
-
total
1 840
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 628
20 592
25 381
24 182
After tax
31 872
34 908
30 119
31 318
Living cost
21 452
21 452
21 452
21 452
Free-cash
10 420
13 456
8 667
9 866

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1324
₽3444
₽1172
₽4288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
836
social contributions
-
-
-
14 275
municipal
-
-
-
330
national
-
-
-
10 043
total
-
-
-
25 484
Employee
52 980
-
55 500
-
national
8 393
-
8 845
-
regional
713
-
746
-
municipal
281
-
294
-
social contributions
17 865
-
18 715
-
total
27 252
-
28 600
-
Employer
52 980
-
55 500
-
total
-
-
-
-
Corporate
2 520
55 500
-
-
nationa
605
13 320
-
-
municipal
125
2 759
-
-
total
730
16 079
-
-
Dividends
1 790
39 422
-
-
withholding
466
10 249
-
-
total
466
10 249
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 448
26 328
28 600
25 484
After tax
27 052
29 172
26 900
30 016
Living cost
25 728
25 728
25 728
25 728
Free-cash
1 324
3 444
1 172
4 288

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2103
₽8980
-₽1067
-₽2201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
16 206
income
-
-
-
4 770
health
-
-
-
7 493
solidarity contribution
-
-
-
-
total
-
-
-
28 469
Employee
42 988
-
41 418
-
solidarity contribution
-
-
-
-
health
5 803
-
5 591
-
social contributions
2 794
-
2 692
-
income
5 158
-
4 970
-
total
13 755
-
13 253
-
Employer
42 988
-
41 418
-
social contributions
10 747
-
10 354
-
health
3 869
-
3 728
-
total
14 616
-
14 082
-
Corporate
-
55 500
-
-
income
-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
6 743
-
-
total
-
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 371
17 288
27 335
28 469
After tax
27 129
38 212
28 165
27 031
Living cost
29 232
29 232
29 232
29 232
Free-cash
-2 103
8 980
-1 067
-2 201

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽601
₽1415
-₽9149
₽388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
221
unemployment
-
-
-
5 858
income
-
-
-
4 047
pensions
-
-
-
10 268
health
-
-
-
4 247
surtax
-
-
-
-
total
-
-
-
24 641
Employee
41 750
38 062
43 099
-
unemployment
1 252
1 142
1 292
-
other
417
381
431
-
health
1 615
1 474
1 667
-
pensions
4 276
3 897
4 413
-
income
3 719
2 807
4 107
-
total
11 279
9 701
11 910
-
Employer
41 750
38 062
43 099
-
payroll
1 252
1 142
1 292
-
other
1 983
1 807
2 046
-
accident
542
495
560
-
pensions
5 240
4 778
5 408
-
unemployment
1 252
1 142
1 292
-
chamber of commerce
167
152
172
-
surtax
-
-
-
-
health
1 579
1 439
1 629
-
total
12 015
10 955
12 399
-
Corporate
3 625
6 484
39 474
-
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.

906
1 620
9 869
-
total
906
1 620
9 869
-
Dividends
829
4 864
-
-
withholding
228
1 338
-
-
total
228
1 338
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 428
23 614
34 178
24 641
After tax
31 072
31 886
21 322
30 859
Living cost
30 471
30 471
30 471
30 471
Free-cash
601
1 415
-9 149
388

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38246
₽40532
₽32207
₽42752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
15 241
-
55 500
-
income
3 048
-
11 100
-
total
3 048
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

40 259
55 500
-
-
total
-
-
-
-
Dividends
40 259
55 500
-
-
withholding
2 013
2 775
-
-
total
2 013
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 061
2 775
11 100
555
After tax
50 439
52 725
44 400
54 945
Living cost
12 193
12 193
12 193
12 193
Free-cash
38 246
40 532
32 207
42 752

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4604
₽12593
₽3262
₽4851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
55 500
unemployment
-
-
-
83
income
-
-
-
9 352
pensions
-
-
-
10 135
health
-
-
-
5 461
total
-
-
-
25 031
Employee

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

42 234
-
48 024
-
unemployment
60
-
67
-
health
2 728
-
3 101
-
pensions
6 547
-
7 444
-
income
7 283
-
8 532
-
total
16 618
-
19 144
-
Employer

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

42 234
-
48 024
-
pensions
3 737
-
4 250
-
unemployment
25
-
29
-
health
2 813
-
3 197
-
total
6 575
-
7 476
-
Corporate
6 690
55 500
-
-
income
1 271
10 545
-
-
total
1 271
10 545
-
-
Dividends
5 420
44 955
-
-
withholding
814
6 744
-
-
total
814
6 744
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 278
17 289
26 620
25 031
After tax
30 222
38 211
28 880
30 469
Living cost
25 618
25 618
25 618
25 618
Free-cash
4 604
12 593
3 262
4 851

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84902
-₽6864
₽2482
-₽2275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
6 327
income
-
-
-
10 818
total
-
-
-
17 145
Employee
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
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
99 772
21 734
12 388
17 145
After tax
-44 272
33 766
43 112
38 355
Living cost
40 630
40 630
40 630
40 630
Free-cash
-84 902
-6 864
2 482
-2 275

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽649
₽1610
₽533
₽2049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
19 286
income
-
-
-
4 207
surtax
-
-
-
-
total
-
-
-
23 493
Employee
43 927
-
44 848
-
surtax
-
-
-
-
social contributions
4 832
-
4 934
-
income
9 137
-
9 423
-
total
13 969
-
14 357
-
Employer
43 927
-
44 848
-
social contributions
10 433
-
10 652
-
total
10 433
-
10 652
-
Corporate
1 141
55 500
-
-
income
239
11 654
-
-
surtax
-
-
-
-
total
239
11 654
-
-
Dividends
902
43 846
-
-
withholding
252
12 278
-
-
total
252
12 278
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 893
23 932
25 009
23 493
After tax
30 607
31 568
30 491
32 007
Living cost
29 958
29 958
29 958
29 958
Free-cash
649
1 610
533
2 049

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23000
-₽18157
-₽12408
-₽12882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
1 720
social contributions
-
-
-
1 580
income
-
-
-
2 518
pensions
-
-
-
15 955
health
-
-
-
480
surtax
-
-
-
-
total
-
-
-
22 253
Employee
59 819
-
42 294
-
surtax
-
-
-
-
pensions
6 766
-
4 783
-
social contributions
1 704
-
1 205
-
income
5 219
-
2 585
-
total
13 689
-
8 573
-
Employer
59 819
-
42 294
-
other
2 064
-
1 459
-
pensions
9 829
-
6 947
-
unemployment
2 423
-
1 713
-
social contributions
179
-
127
-
health
4 187
-
2 960
-
total
18 682
-
13 206
-
Corporate
-
55 500
-
-
income
-
15 540
-
-
surtax
-
-
-
-
total
-
15 540
-
-
Dividends
-
39 960
-
-
withholding
-
5 115
-
-
social contributions
-
6 873
-
-
surtax
-
-
-
-
total
-
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 371
27 528
21 779
22 253
After tax
23 129
27 972
33 721
33 247
Living cost
46 129
46 129
46 129
46 129
Free-cash
-23 000
-18 157
-12 408
-12 882

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18031
₽21240
₽16149
₽14579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 211
total
-
-
-
12 211
Employee
30 705
-
48 051
-
social contributions
1 996
-
3 123
-
income
-
-
71
-
total
1 996
-
3 194
-
Employer
30 705
-
48 051
-
social contributions
4 760
-
7 447
-
total
4 760
-
7 447
-
Corporate
20 035
55 500
-
-
income
2 003
5 550
-
-
total
2 003
5 550
-
-
Dividends
18 033
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 759
5 550
10 641
12 211
After tax
46 741
49 950
44 859
43 289
Living cost
28 710
28 710
28 710
28 710
Free-cash
18 031
21 240
16 149
14 579

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽152319
-₽152319
-₽152319
-₽9958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
9 042
labour market
-
-
-
4 374
national
-
-
-
5 278
total
-
-
-
19 521
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
161 882
161 882
161 882
19 521
After tax
-106 382
-106 382
-106 382
35 979
Living cost
45 937
45 937
45 937
45 937
Free-cash
-152 319
-152 319
-152 319
-9 958

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1249
-₽16672
₽8141
₽17191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
362
income
-
-
-
10 339
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
17 141
Employee
33 299
-
46 104
-
health
3 813
-
5 279
-
pensions
3 750
-
5 191
-
income
4 568
-
6 325
-
total
12 131
-
16 795
-
Employer
33 299
-
46 104
-
accident
556
-
770
-
pensions
5 414
-
7 496
-
unemployment
816
-
1 130
-
total
6 786
-
9 396
-
Corporate
15 415
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.

13 873
49 950
-
-
total
13 873
49 950
-
-
Dividends
1 541
5 550
-
-
withholding
293
1 054
-
-
total
293
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 083
51 004
26 191
17 141
After tax
22 417
4 496
29 309
38 359
Living cost
21 168
21 168
21 168
21 168
Free-cash
1 249
-16 672
8 141
17 191

Estimated living cost  is ₽21168 per week

₽15408
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
-₽4229
₽1656
-₽2442
₽6269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 907
national
-
-
-
2 199
health
-
-
-
457
total
-
-
-
12 563
Employee
50 249
-
46 690
-
national
830
-
638
-
unemployment
754
-
700
-
health
375
-
321
-
municipal
8 230
-
7 654
-
pensions
3 391
-
3 152
-
total
13 580
-
12 465
-
Employer
50 249
-
46 690
-
accident
51
-
47
-
pensions
8 718
-
8 100
-
unemployment
326
-
303
-
health
386
-
359
-
total
9 481
-
8 809
-
Corporate
-
55 500
-
-
income
-
11 099
-
-
total
-
11 099
-
-
Dividends

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

-
33 300
-
-
municipal
-
5 994
-
-
national
-
83
-
-
total
-
6 077
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 061
17 176
21 274
12 563
After tax
32 439
38 324
34 226
42 937
Living cost
36 668
36 668
36 668
36 668
Free-cash
-4 229
1 656
-2 442
6 269

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13543
₽11790
₽15747
₽21296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
8 658
income
-
-
-
2 017
health
-
-
-
1 416
total
-
-
-
12 091
Employee
73 442
73 442
73 442
-
health
569
1 249
857
-
social contributions
2 777
6 095
4 181
-
income
7 997
6 799
7 489
-
total
11 343
14 143
12 527
-
Employer
73 442
73 442
73 442
-
social contributions
2 777
6 095
4 181
-
health
618
1 359
932
-
total
3 395
7 454
5 113
-
Corporate
18 650
-
-
-
income
2 331
-
-
-
total
2 331
-
-
-
Dividends
16 319
-
-
-
withholding
2 775
-
-
-
total
2 775
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 844
21 597
17 640
12 091
After tax
35 656
33 903
37 860
43 409
Living cost
22 113
22 113
22 113
22 113
Free-cash
13 543
11 790
15 747
21 296

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25938
₽30795
₽19206
₽26062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
4 716
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
14 274
Employee

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

21 923
-
50 316
-
unemployment
109
-
252
-
health
1 863
-
4 277
-
pensions
3 288
-
7 547
-
income
1 499
-
3 870
-
total
6 759
-
15 946
-
Employer

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

21 923
-
50 316
-
pensions
1 205
-
2 768
-
unemployment
109
-
252
-
health
942
-
2 164
-
total
2 256
-
5 184
-
Corporate
31 321
55 500
-
-
income
2 818
4 995
-
-
total
2 818
4 995
-
-
Dividends
28 503
50 505
-
-
withholding
2 565
4 546
-
-
total
2 565
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 398
9 541
21 130
14 274
After tax
41 102
45 959
34 370
41 226
Living cost
15 164
15 164
15 164
15 164
Free-cash
25 938
30 795
19 206
26 062

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6147
₽11222
₽4649
₽4256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
56
unemployment
-
-
-
388
income
-
-
-
8 329
pensions
-
-
-
15 707
accident
-
-
-
500
total
-
-
-
24 980
Employee
35 315
-
42 084
-
unemployment
547
-
652
-
other
34
-
42
-
pensions
1 660
-
1 977
-
income
6 808
-
8 500
-
total
9 049
-
11 171
-
Employer
35 315
-
42 084
-
other
283
-
335
-
accident
700
-
834
-
pensions
8 334
-
9 932
-
unemployment
1 943
-
2 315
-
total
11 260
-
13 416
-
Corporate
8 926
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.

1 339
8 325
-
-
total
1 339
8 325
-
-
Dividends
7 586
47 175
-
-
withholding
1 441
9 689
-
-
total
1 441
9 689
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 089
18 014
24 587
24 980
After tax
32 411
37 486
30 913
30 520
Living cost
26 264
26 264
26 264
26 264
Free-cash
6 147
11 222
4 649
4 256

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
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.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32525
₽32822
₽33074
₽33203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 210
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
20 487
Employee
2 757
-
54 015
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
18 141
-
total
947
-
19 131
-
Employer
2 757
-
54 015
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
52 123
55 500
-
-
income
11 467
12 210
-
-
total
11 467
12 210
-
-
Dividends
40 656
43 290
-
-
withholding
8 131
8 658
-
-
total
8 131
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 165
20 868
20 616
20 487
After tax
34 335
34 632
34 884
35 013
Living cost
1 810
1 810
1 810
1 810
Free-cash
32 525
32 822
33 074
33 203

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18923
₽23612
₽13345
₽10956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
7 079
pensions
-
-
-
14 430
health
-
-
-
5 716
total
-
-
-
28 057
Employee

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

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

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

24 861
-
47 074
-
unemployment
186
-
353
-
health
1 280
-
2 424
-
pensions
3 481
-
6 590
-
income
3 427
-
7 875
-
total
8 374
-
17 242
-
Employer

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

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

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

24 861
-
47 074
-
pensions
2 983
-
5 649
-
unemployment
186
-
353
-
health
1 280
-
2 424
-
total
4 449
-
8 426
-
Corporate
26 189
55 500
-
-
income
3 928
8 325
-
-
total
3 928
8 325
-
-
Dividends
22 260
47 175
-
-
withholding
3 339
7 076
-
-
total
3 339
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 090
15 401
25 668
28 057
After tax
35 410
40 099
29 832
27 443
Living cost
16 487
16 487
16 487
16 487
Free-cash
18 923
23 612
13 345
10 956

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5475
₽5820
₽4743
₽6259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
19 286
income
-
-
-
4 207
surtax
-
-
-
-
total
-
-
-
23 493
Employee
37 069
-
44 848
-
surtax
-
-
-
-
social contributions
4 078
-
4 934
-
income
7 243
-
9 423
-
total
11 321
-
14 357
-
Employer
37 069
-
44 848
-
social contributions
8 803
-
10 652
-
total
8 803
-
10 652
-
Corporate
9 628
55 500
-
-
income
2 023
11 654
-
-
surtax
-
-
-
-
total
2 023
11 654
-
-
Dividends
7 605
43 846
-
-
withholding
2 130
12 278
-
-
total
2 130
12 278
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 277
23 932
25 009
23 493
After tax
31 223
31 568
30 491
32 007
Living cost
25 748
25 748
25 748
25 748
Free-cash
5 475
5 820
4 743
6 259

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5333
₽3920
-₽2653
-₽3046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
56
unemployment
-
-
-
388
income
-
-
-
8 329
pensions
-
-
-
15 707
accident
-
-
-
500
total
-
-
-
24 980
Employee
46 126
-
42 084
-
unemployment
714
-
652
-
other
45
-
42
-
pensions
2 168
-
1 977
-
income
9 634
-
8 500
-
total
12 561
-
11 171
-
Employer
46 126
-
42 084
-
other
370
-
335
-
accident
913
-
834
-
pensions
10 886
-
9 932
-
unemployment
2 537
-
2 315
-
total
14 706
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 325
-
-
total
-
8 325
-
-
Dividends
-
47 175
-
-
withholding
-
9 689
-
-
total
-
9 689
-
-
Income
55 500
55 500
55 500
55 500
Total tax
27 267
18 014
24 587
24 980
After tax
28 233
37 486
30 913
30 520
Living cost
33 566
33 566
33 566
33 566
Free-cash
-5 333
3 920
-2 653
-3 046

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25203
₽31025
₽22802
₽21841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
8 325
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
17 231
Employee
21 754
-
48 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
4 895
-
total
5 326
-
9 725
-
Employer
21 754
-
48 955
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
29 478
55 500
-
-
income
2 948
5 550
-
-
total
2 948
5 550
-
-
Dividends
26 531
49 950
-
-
withholding
1 327
2 497
-
-
total
1 327
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 869
8 047
16 270
17 231
After tax
41 631
47 453
39 230
38 269
Living cost
16 428
16 428
16 428
16 428
Free-cash
25 203
31 025
22 802
21 841

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4371
-₽8126
₽5575
₽3984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 591
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.

-
-
-
6 186
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.

-
-
-
6 525
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.

-
-
-
341
total
-
-
-
14 643
Employee

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

47 521
-
55 500
-
surtax

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

216
-
341
-
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.

6 525
-
6 525
-
income

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

3 908
-
6 186
-
total
10 649
-
13 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 979
55 500
-
-
trade
1 145
7 964
-
-
income
1 196
8 325
-
-
surtax

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

65
459
-
-
chamber of commerce
156
227
-
-
total
2 562
16 975
-
-
Dividends
5 416
38 526
-
-
withholding
991
9 269
-
-
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
509
-
-
total
1 045
9 778
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 256
26 753
13 052
14 643
After tax
41 244
28 747
42 448
40 857
Living cost
36 873
36 873
36 873
36 873
Free-cash
4 371
-8 126
5 575
3 984

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19210
-₽15557
-₽11108
-₽11108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
4 093
income
-
-
-
8 109
total
-
-
-
12 202
Employee
74 709
-
55 500
-
social contributions
6 207
-
4 093
-
income
14 097
-
8 109
-
total
20 304
-
12 202
-
Employer
74 709
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 938
-
-
total
-
6 938
-
-
Dividends
-
48 562
-
-
withholding
-
9 713
-
-
total
-
9 713
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 304
16 651
12 202
12 202
After tax
35 196
38 849
43 298
43 298
Living cost
54 406
54 406
54 406
54 406
Free-cash
-19 210
-15 557
-11 108
-11 108

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1891
-₽3640
₽5468
-₽12177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 820
income
-
-
-
27 187
total
-
-
-
33 007
Employee
43 814
-
51 107
-
social contributions
4 390
-
4 393
-
income
4 754
-
6 576
-
total
9 144
-
10 969
-
Employer
43 814
-
51 107
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
7 296
55 500
-
-
income
2 554
19 424
-
-
total
2 554
19 424
-
-
Dividends
4 743
36 076
-
-
social contributions
2 851
5 046
-
-
total
2 851
5 046
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 939
24 470
15 362
33 007
After tax
36 561
31 030
40 138
22 493
Living cost
34 670
34 670
34 670
34 670
Free-cash
1 891
-3 640
5 468
-12 177

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1362
₽6665
₽1081
₽6740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 416
pensions
-
-
-
3 426
total
-
-
-
13 842
Employee
47 929
-
49 502
-
health
625
-
656
-
pensions
3 658
-
3 847
-
income
8 728
-
9 000
-
total
13 011
-
13 503
-
Employer
47 929
-
49 502
-
pensions
4 842
-
5 058
-
health
911
-
940
-
total
5 753
-
5 998
-
Corporate
1 817
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.

346
10 544
-
-
total
346
10 544
-
-
Dividends
1 472
44 956
-
-
withholding
110
3 373
-
-
total
110
3 373
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 220
13 917
19 501
13 842
After tax
36 280
41 583
35 999
41 658
Living cost
34 918
34 918
34 918
34 918
Free-cash
1 362
6 665
1 081
6 740

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽927
-₽18768
₽6045
₽15095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other
-
-
-
362
income
-
-
-
10 339
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
17 141
Employee
36 595
-
46 104
-
health
4 190
-
5 279
-
pensions
4 121
-
5 191
-
income
5 021
-
6 325
-
total
13 332
-
16 795
-
Employer
36 595
-
46 104
-
accident
611
-
770
-
pensions
5 950
-
7 496
-
unemployment
896
-
1 130
-
total
7 457
-
9 396
-
Corporate
11 447
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.

10 303
49 950
-
-
total
10 303
49 950
-
-
Dividends
1 145
5 550
-
-
withholding
217
1 054
-
-
total
217
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 309
51 004
26 191
17 141
After tax
24 191
4 496
29 309
38 359
Living cost
23 264
23 264
23 264
23 264
Free-cash
927
-18 768
6 045
15 095

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
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
₽29634
₽34277
₽19893
₽19893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 446
pensions
-
-
-
10 212
health insurance
-
-
-
4 107
work injury
-
-
-
278
total
-
-
-
22 709
Employee

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

20 637
-
55 500
-
health insurance
1 527
-
4 107
-
unemployment
248
-
666
-
work injury
103
-
278
-
pensions
3 797
-
10 212
-
income
2 064
-
7 446
-
total
7 739
-
22 709
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 863
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
34 863
55 500
-
-
withholding
5 229
8 325
-
-
total
5 229
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 968
8 325
22 709
22 709
After tax
42 532
47 175
32 791
32 791
Living cost
12 898
12 898
12 898
12 898
Free-cash
29 634
34 277
19 893
19 893

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24982
-₽8814
-₽11173
-₽8091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
853
social contributions
-
-
-
14 275
municipal
-
-
-
372
national
-
-
-
10 043
total
-
-
-
25 543
Employee
80 482
-
55 500
-
national
13 601
-
8 845
-
regional
1 215
-
733
-
municipal
480
-
332
-
social contributions
27 138
-
18 715
-
total
42 434
-
28 625
-
Employer
80 482
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 320
-
-
municipal
-
2 675
-
-
total
-
15 995
-
-
Dividends
-
39 505
-
-
withholding
-
10 271
-
-
total
-
10 271
-
-
Income
55 500
55 500
55 500
55 500
Total tax
42 434
26 266
28 625
25 543
After tax
13 066
29 234
26 875
29 957
Living cost
38 048
38 048
38 048
38 048
Free-cash
-24 982
-8 814
-11 173
-8 091

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
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.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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