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
-₽1782
₽12626
₽11130
₽9162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
5 824
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.

-
-
-
321
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.

-
-
-
6 760
trade
-
-
-
1 496
total
-
-
-
14 401
Employee

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

37 844
-
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.

58
-
321
-
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.

1 057
-
5 824
-
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.

6 760
-
6 760
-
total
7 875
-
12 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 656
55 500
-
-
income
2 647
8 326
-
-
surtax

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

146
458
-
-
chamber of commerce
176
229
-
-
trade
2 781
8 740
-
-
total
5 750
17 753
-
-
Dividends
11 904
37 747
-
-
surtax

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

143
498
-
-
withholding
2 601
9 062
-
-
total
2 744
9 560
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 369
27 313
12 905
14 401
After tax
39 131
28 187
42 595
41 099
Living cost
29 969
29 969
29 969
29 969
Free-cash
9 162
-1 782
12 626
11 130

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17770
-₽16938
-₽17374
-₽33104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
597
municipal
-
-
-
5 183
national
-
-
-
8 032
pensions
-
-
-
6 660
total
-
-
-
20 472
Employee
81 232
-
47 979
-
municipal
10 033
-
5 398
-
pensions
3 249
-
1 919
-
national
15 548
-
8 365
-
total
28 830
-
15 682
-
Employer
81 232
-
47 979
-
pensions
6 499
-
3 838
-
social contributions
873
-
516
-
total
7 372
-
4 354
-
Corporate
-
55 500
-
-
income

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

-
11 100
-
-
total
-
11 100
-
-
Dividends
-
44 400
-
-
withholding
-
9 768
-
-
total
-
9 768
-
-
Income
55 500
55 500
55 500
55 500
Total tax
36 202
20 868
20 036
20 472
After tax
19 298
34 632
35 464
35 028
Living cost
52 402
52 402
52 402
52 402
Free-cash
-33 104
-17 770
-16 938
-17 374

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23814
₽11194
₽23474
₽15699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

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

-
-
-
3 115
microenterprise
-
-
-
8 326
total
-
-
-
11 441
Employee
28 912
-
44 726
-
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.

3 181
-
4 919
-
income
5 147
-
8 028
-
total
8 328
-
12 947
-
Employer
28 912
-
44 726
-
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.

6 964
-
10 774
-
surtax
-
-
-
-
total
6 964
-
10 774
-
Corporate
19 624
55 500
-
-
income

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

3 924
11 101
-
-
total
3 924
11 101
-
-
Dividends

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

15 699
44 399
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 216
11 101
23 721
11 441
After tax
36 284
44 399
31 779
44 059
Living cost
20 585
20 585
20 585
20 585
Free-cash
15 699
23 814
11 194
23 474

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37199
-₽42753
-₽9704
-₽42753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 245
health
-
-
-
8 519
pensions
-
-
-
9 991
total
-
-
-
23 755
Employee
84 494
84 494
84 494
-
pensions
15 209
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
12 969
11 031
12 969
-
total
42 008
36 454
42 008
-
Employer
84 494
84 494
84 494
-
health
5 873
5 873
5 873
-
pensions
5 881
5 881
5 881
-
unemployment
3 042
3 042
3 042
-
total
14 796
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
56 804
51 250
56 804
23 755
After tax
-1 304
4 250
-1 304
31 745
Living cost
41 449
41 449
41 449
41 449
Free-cash
-42 753
-37 199
-42 753
-9 704

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10514
-₽11179
-₽13151
-₽20934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
111
other
-
-
-
6 449
unemployment
-
-
-
55
health
-
-
-
3 463
municipal
-
-
-
11 756
national
-
-
-
-
pensions
-
-
-
6 000
total
-
-
-
27 834
Employee
58 161
-
42 231
-
municipal
17 344
-
12 593
-
national
-
-
-
-
total
17 344
-
12 593
-
Employer
58 161
-
42 231
-
health
3 577
-
2 597
-
pensions
6 287
-
4 565
-
accident
116
-
85
-
unemployment
1 535
-
1 115
-
other
6 758
-
4 907
-
total
18 273
-
13 269
-
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
35 617
25 197
25 862
27 834
After tax
19 883
30 303
29 638
27 666
Living cost
40 817
40 817
40 817
40 817
Free-cash
-20 934
-10 514
-11 179
-13 151

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10969
₽3726
₽2164
₽2937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
5 824
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.

-
-
-
321
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.

-
-
-
6 760
trade
-
-
-
1 562
total
-
-
-
14 467
Employee

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

50 177
-
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.

237
-
321
-
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.

4 311
-
5 824
-
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.

6 760
-
6 760
-
total
11 308
-
12 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 323
55 500
-
-
income
798
8 326
-
-
surtax

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

43
458
-
-
chamber of commerce
158
229
-
-
trade
875
9 129
-
-
total
1 874
18 142
-
-
Dividends
3 449
37 358
-
-
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.

26
494
-
-
withholding
486
8 964
-
-
total
512
9 458
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 694
27 600
12 905
14 467
After tax
41 806
27 900
42 595
41 033
Living cost
38 869
38 869
38 869
38 869
Free-cash
2 937
-10 969
3 726
2 164

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1032
₽5443
₽11570
₽4679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 763
social contributions
-
-
-
8 658
health
-
-
-
1 416
total
-
-
-
11 837
Employee
76 083
76 083
76 083
-
social contributions
3 697
6 315
4 182
-
income
7 989
7 043
7 813
-
health
757
1 294
856
-
total
12 443
14 652
12 851
-
Employer
76 083
76 083
76 083
-
health
824
1 408
931
-
social contributions
3 697
6 315
4 182
-
total
4 521
7 723
5 113
-
Corporate
6 443
-
-
-
income
806
-
-
-
total
806
-
-
-
Dividends
5 637
-
-
-
withholding
958
-
-
-
total
958
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 728
22 375
17 964
11 837
After tax
36 772
33 125
37 536
43 663
Living cost
32 093
32 093
32 093
32 093
Free-cash
4 679
1 032
5 443
11 570

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽13261
₽14007
₽20281
₽13641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
6 785
unemployment
-
-
-
832
health
-
-
-
3 885
pensions
-
-
-
5 550
total
-
-
-
17 052
Employee

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
46 444
-
unemployment
393
157
697
-
pensions
2 622
1 044
4 644
-
income
3 206
1 276
5 678
-
health
1 836
731
3 251
-
total
8 057
3 208
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.

26 224
10 437
46 444
-
pensions
5 114
2 035
9 056
-
total
5 114
2 035
9 056
-
Corporate
24 162
43 028
-
-
income
2 175
3 873
-
-
total
2 175
3 873
-
-
Dividends
21 987
39 155
-
-
social contributions
4 168
7 516
-
-
withholding
4 178
7 440
-
-
total
8 346
14 956
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 692
24 072
23 326
17 052
After tax
31 808
31 428
32 174
38 448
Living cost
18 167
18 167
18 167
18 167
Free-cash
13 641
13 261
14 007
20 281

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20500
₽8906
₽6975
₽14356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 311
health
-
-
-
7 216
pensions
-
-
-
11 099
total
-
-
-
24 626
Employee
28 069
-
41 478
-
unemployment
449
-
663
-
pensions
561
-
830
-
income
3 160
-
7 182
-
total
4 170
-
8 675
-
Employer
28 069
-
41 478
-
health
3 648
-
5 393
-
pensions
5 614
-
8 295
-
unemployment
225
-
332
-
total
9 487
-
14 020
-
Corporate
17 943
55 500
-
-
income
3 588
11 101
-
-
total
3 588
11 101
-
-
Dividends
14 355
44 399
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 245
11 101
22 695
24 626
After tax
38 255
44 399
32 805
30 874
Living cost
23 899
23 899
23 899
23 899
Free-cash
14 356
20 500
8 906
6 975

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17566
₽7247
₽16314
₽1113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
17 124
Employee
34 705
-
46 104
-
pensions
3 908
-
5 191
-
income
4 761
-
6 325
-
health
3 974
-
5 279
-
total
12 643
-
16 795
-
Employer
34 705
-
46 104
-
pensions
5 643
-
7 496
-
accident
579
-
770
-
unemployment
850
-
1 130
-
total
7 072
-
9 396
-
Corporate
13 722
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.

12 349
49 950
-
-
total
12 349
49 950
-
-
Dividends
1 372
5 550
-
-
withholding
261
1 054
-
-
total
261
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 325
51 004
26 191
17 124
After tax
23 175
4 496
29 309
38 376
Living cost
22 062
22 062
22 062
22 062
Free-cash
1 113
-17 566
7 247
16 314

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44625
₽36300
₽46845
₽43106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
10 125
-
55 500
-
income
2 025
-
11 100
-
total
2 025
-
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%.

45 375
55 500
-
-
total
-
-
-
-
Dividends
45 375
55 500
-
-
withholding
2 269
2 775
-
-
total
2 269
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 294
2 775
11 100
555
After tax
51 206
52 725
44 400
54 945
Living cost
8 100
8 100
8 100
8 100
Free-cash
43 106
44 625
36 300
46 845

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14410
₽6166
₽3689
₽7728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
7 049
other
-
-
-
2 636
health
-
-
-
2 443
pensions

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

-
-
-
13 318
total
-
-
-
25 446
Employee
35 926
-
44 330
-
unemployment
359
-
443
-
pensions

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

2 514
-
3 102
-
income
6 185
-
7 631
-
health
503
-
622
-
total
9 561
-
11 798
-
Employer
35 926
-
44 330
-
health
503
-
622
-
pensions

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

6 108
-
7 535
-
accident
287
-
355
-
unemployment
359
-
443
-
other
1 797
-
2 216
-
total
9 054
-
11 171
-
Corporate
10 520
55 500
-
-
income
2 210
11 655
-
-
total
2 210
11 655
-
-
Dividends
8 310
43 845
-
-
withholding
582
3 070
-
-
total
582
3 070
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 407
14 725
22 969
25 446
After tax
34 093
40 775
32 531
30 054
Living cost
26 365
26 365
26 365
26 365
Free-cash
7 728
14 410
6 166
3 689

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24353
-₽29792
-₽24214
-₽50575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 431
pensions
-
-
-
3 348
total
-
-
-
13 779
Employee
93 288
-
49 575
-
pensions
9 000
-
3 754
-
income
16 816
-
9 037
-
health
1 537
-
641
-
total
27 353
-
13 432
-
Employer
93 288
-
49 575
-
health
1 772
-
942
-
pensions
11 015
-
4 983
-
total
12 787
-
5 925
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
40 140
13 918
19 357
13 779
After tax
15 360
41 582
36 143
41 721
Living cost
65 935
65 935
65 935
65 935
Free-cash
-50 575
-24 353
-29 792
-24 214

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34479
₽25868
₽24972
₽29882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
17 554
Employee
17 180
-
48 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
4 872
-
health
790
-
1 590
-
total
4 205
-
9 877
-
Employer
17 180
-
48 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
34 949
55 500
-
-
income
3 495
5 550
-
-
total
3 495
5 550
-
-
Dividends
31 454
49 950
-
-
withholding
1 573
2 497
-
-
total
1 573
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 644
8 047
16 658
17 554
After tax
42 856
47 453
38 842
37 946
Living cost
12 974
12 974
12 974
12 974
Free-cash
29 882
34 479
25 868
24 972

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50616
-₽56170
-₽23121
-₽52295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 245
health
-
-
-
8 519
pensions
-
-
-
9 991
total
-
-
-
23 755
Employee
91 734
84 494
84 494
-
pensions
11 593
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
11 444
11 031
12 969
-
total
36 867
36 454
42 008
-
Employer
91 734
84 494
84 494
-
health
6 375
5 873
5 873
-
pensions
6 384
5 881
5 881
-
unemployment
3 303
3 042
3 042
-
total
16 062
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
52 929
51 250
56 804
23 755
After tax
2 571
4 250
-1 304
31 745
Living cost
54 866
54 866
54 866
54 866
Free-cash
-52 295
-50 616
-56 170
-23 121

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽13626
₽3578
₽2445
₽4854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 493
total
-
-
-
28 469
Employee
36 156
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
2 692
-
income
4 339
-
4 970
-
health
4 881
-
5 591
-
total
11 570
-
13 253
-
Employer
36 156
-
41 418
-
health
3 254
-
3 728
-
social contributions
9 039
-
10 355
-
total
12 293
-
14 083
-
Corporate
7 051
55 500
-
-
income
1 340
10 545
-
-
total
1 340
10 545
-
-
Dividends
5 711
44 955
-
-
withholding
857
6 743
-
-
total
857
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
26 060
17 288
27 336
28 469
After tax
29 440
38 212
28 164
27 031
Living cost
24 586
24 586
24 586
24 586
Free-cash
4 854
13 626
3 578
2 445

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brno model

Close
Milan , Italy
-₽12140
-₽14550
-₽11412
-₽32436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
553
municipal
-
-
-
330
national
-
-
-
10 004
total
-
-
-
25 161
Employee
87 936
-
55 500
-
municipal
466
-
295
-
national
15 237
-
8 806
-
regional
830
-
483
-
social contributions
29 652
-
18 715
-
total
46 185
-
28 299
-
Employer
87 936
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 165
-
-
nationa
-
13 320
-
-
total
-
15 485
-
-
Dividends
-
40 015
-
-
withholding
-
10 404
-
-
total
-
10 404
-
-
Income
55 500
55 500
55 500
55 500
Total tax
46 185
25 889
28 299
25 161
After tax
9 315
29 611
27 201
30 339
Living cost
41 751
41 751
41 751
41 751
Free-cash
-32 436
-12 140
-14 550
-11 412

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13075
₽8456
₽9647
₽9995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 288
other
-
-
-
-
surtax
-
-
-
464
unemployment
-
-
-
225
health
-
-
-
3 941
pensions
-
-
-
11 101
total
-
-
-
24 019
Employee
32 720
-
45 849
-
other
-
-
-
-
unemployment
2 278
-
3 192
-
pensions
2 182
-
3 059
-
surtax
107
-
374
-
income
5 485
-
7 764
-
health
836
-
1 170
-
total
10 888
-
15 559
-
Employer
32 720
-
45 849
-
health
1 489
-
2 086
-
pensions
4 362
-
6 112
-
unemployment
1 036
-
1 453
-
other
-
-
-
-
total
6 887
-
9 651
-
Corporate
15 892
55 500
-
-
income
4 133
14 430
-
-
total
4 133
14 430
-
-
Dividends
11 760
41 070
-
-
withholding
1 763
6 161
-
-
total
1 763
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 671
20 591
25 210
24 019
After tax
31 829
34 909
30 290
31 481
Living cost
21 834
21 834
21 834
21 834
Free-cash
9 995
13 075
8 456
9 647

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3463
-₽8902
-₽3324
-₽14975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 431
pensions
-
-
-
3 348
total
-
-
-
13 779
Employee
62 519
-
49 575
-
pensions
5 306
-
3 754
-
income
11 260
-
9 037
-
health
908
-
641
-
total
17 474
-
13 432
-
Employer
62 519
-
49 575
-
health
1 188
-
942
-
pensions
6 768
-
4 983
-
total
7 956
-
5 925
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 430
13 918
19 357
13 779
After tax
30 070
41 582
36 143
41 721
Living cost
45 045
45 045
45 045
45 045
Free-cash
-14 975
-3 463
-8 902
-3 324

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52830
-₽33901
-₽31069
-₽44742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 111
regional
-
-
-
1 153
health
-
-
-
255
city
-
-
-
583
national
-
-
-
153
pensions
-
-
-
5 106
total
-
-
-
8 361
Employee
91 524
-
49 673
-
unemployment
-
-
-
-
pensions
7 689
-
4 174
-
national
433
-
121
-
regional
2 997
-
972
-
city
982
-
534
-
health
207
-
112
-
total
12 308
-
5 913
-
Employer
91 524
-
49 673
-
health
207
-
112
-
pensions
7 689
-
4 174
-
unemployment
-
-
-
-
other

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

1 830
-
994
-
total
9 726
-
5 280
-
Corporate
-
55 500
-
-
regional
-
11 739
-
-
national
-
4 718
-
-
total
-
16 457
-
-
Dividends
-
39 043
-
-
withholding
-
13 665
-
-
total
-
13 665
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 034
30 122
11 193
8 361
After tax
33 466
25 378
44 307
47 139
Living cost
78 208
78 208
78 208
78 208
Free-cash
-44 742
-52 830
-33 901
-31 069

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17712
-₽2732
-₽4360
-₽3964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
5 824
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.

-
-
-
321
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.

-
-
-
6 760
trade
-
-
-
1 628
total
-
-
-
14 533
Employee

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

59 464
-
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.

385
-
321
-
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.

6 992
-
5 824
-
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.

6 760
-
6 760
-
total
14 137
-
12 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
8 326
-
-
surtax

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

-
458
-
-
chamber of commerce
-
229
-
-
trade
-
9 518
-
-
total
-
18 531
-
-
Dividends
-
36 969
-
-
surtax

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

-
488
-
-
withholding
-
8 866
-
-
total
-
9 354
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 137
27 885
12 905
14 533
After tax
41 363
27 615
42 595
40 967
Living cost
45 327
45 327
45 327
45 327
Free-cash
-3 964
-17 712
-2 732
-4 360

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5878
-₽40
-₽563
-₽71
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 418
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
16 011
total
-
-
-
22 211
Employee
42 347
-
42 291
-
pensions
4 788
-
4 782
-
surtax
-
-
-
-
social contributions
1 207
-
1 205
-
income
2 499
-
2 492
-
total
8 494
-
8 479
-
Employer
42 347
-
42 291
-
health
2 965
-
2 961
-
pensions
6 957
-
6 949
-
unemployment
1 714
-
1 712
-
social contributions
128
-
128
-
other
1 461
-
1 459
-
total
13 225
-
13 209
-
Corporate
-
55 500
-
-
income
-
15 539
-
-
surtax
-
-
-
-
total
-
15 539
-
-
Dividends
-
39 961
-
-
surtax
-
-
-
-
social contributions
-
6 872
-
-
withholding
-
5 115
-
-
total
-
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 719
27 526
21 688
22 211
After tax
33 781
27 974
33 812
33 289
Living cost
33 852
33 852
33 852
33 852
Free-cash
-71
-5 878
-40
-563

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2524
₽3314
₽2791
₽2972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 418
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
16 011
total
-
-
-
22 211
Employee
37 800
-
42 291
-
pensions
4 275
-
4 782
-
surtax
-
-
-
-
social contributions
1 078
-
1 205
-
income
1 949
-
2 492
-
total
7 302
-
8 479
-
Employer
37 800
-
42 291
-
health
2 646
-
2 961
-
pensions
6 211
-
6 949
-
unemployment
1 530
-
1 712
-
social contributions
113
-
128
-
other
1 305
-
1 459
-
total
11 805
-
13 209
-
Corporate
5 895
55 500
-
-
income
1 650
15 539
-
-
surtax
-
-
-
-
total
1 650
15 539
-
-
Dividends
4 244
39 961
-
-
surtax
-
-
-
-
social contributions
730
6 872
-
-
withholding
543
5 115
-
-
total
1 273
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 030
27 526
21 688
22 211
After tax
33 470
27 974
33 812
33 289
Living cost
30 498
30 498
30 498
30 498
Free-cash
2 972
-2 524
3 314
2 791

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12879
₽12342
₽14660
₽13394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 326
social contributions
-
-
-
7 659
health
-
-
-
3 874
total
-
-
-
19 859
Employee
33 548
-
55 500
-
social contributions
4 630
-
7 659
-
income
5 595
-
10 644
-
health
2 341
-
3 874
-
total
12 566
-
22 177
-
Employer
33 548
-
55 500
-
total
-
-
-
-
Corporate
21 952
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%.

1 098
2 775
-
-
total
1 098
2 775
-
-
Dividends
20 854
52 725
-
-
social contributions
2 878
7 276
-
-
withholding
3 128
7 909
-
-
health
1 455
3 680
-
-
total
7 461
18 865
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 125
21 640
22 177
19 859
After tax
34 375
33 860
33 323
35 641
Living cost
20 981
20 981
20 981
20 981
Free-cash
13 394
12 879
12 342
14 660

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3022
-₽13258
-₽4040
-₽9309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
3 678
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
222
health
-
-
-
4 245
pensions
-
-
-
10 267
total
-
-
-
24 676
Employee
49 448
39 431
42 946
-
other
494
394
430
-
unemployment
1 483
1 183
1 288
-
pensions
5 064
4 037
4 397
-
income
5 629
2 908
3 767
-
health
1 913
1 527
1 662
-
total
14 583
10 049
11 544
-
Employer
49 448
39 431
42 946
-
chamber of commerce
197
158
171
-
health
1 868
1 491
1 624
-
pensions
6 206
4 949
5 389
-
accident
642
513
558
-
unemployment
1 483
1 183
1 288
-
surtax
195
195
195
-
payroll
1 483
1 183
1 288
-
other
2 349
1 872
2 039
-
total
14 423
11 544
12 552
-
Corporate
3 755
4 525
39 193
-
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.

939
1 132
9 798
-
total
939
1 132
9 798
-
Dividends
-
3 393
-
-
withholding
-
933
-
-
total
-
933
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 945
23 658
33 894
24 676
After tax
25 555
31 842
21 606
30 824
Living cost
34 864
34 864
34 864
34 864
Free-cash
-9 309
-3 022
-13 258
-4 040

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4791
-₽12165
-₽6048
-₽35876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal

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

-
-
-
2 952
social contributions
-
-
-
6 313
national
-
-
-
16 207
total
-
-
-
25 472
Employee

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

70 775
-
42 987
-
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.

616
-
374
-
communal

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

3 691
-
2 242
-
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.

5 308
-
3 224
-
national
21 759
-
11 216
-
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.

3 325
-
2 020
-
total
34 699
-
19 076
-
Employer

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

70 775
-
42 987
-
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.

4 352
-
2 644
-
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.

6 271
-
3 808
-
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.

920
-
560
-
unemployment

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

1 033
-
627
-
surtax
8 025
-
4 874
-
total
20 601
-
12 513
-
Corporate
-
55 500
-
-
income
-
11 101
-
-
surtax
-
222
-
-
total
-
11 323
-
-
Dividends
-
44 178
-
-
withholding

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

-
12 892
-
-
total
-
12 892
-
-
Income
55 500
55 500
55 500
55 500
Total tax
55 300
24 215
31 589
25 472
After tax
200
31 285
23 911
30 028
Living cost
36 076
36 076
36 076
36 076
Free-cash
-35 876
-4 791
-12 165
-6 048

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1760
-₽4698
-₽5094
-₽9452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
499
income
-
-
-
8 210
other
-
-
-
56
unemployment
-
-
-
389
pensions
-
-
-
15 707
total
-
-
-
24 861
Employee
49 252
-
42 082
-
other
49
-
41
-
unemployment
764
-
652
-
pensions
2 315
-
1 977
-
income
10 392
-
8 379
-
total
13 520
-
11 049
-
Employer
49 252
-
42 082
-
pensions
11 623
-
9 931
-
accident
975
-
834
-
unemployment
2 709
-
2 315
-
other
392
-
336
-
total
15 699
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 326
-
-
total
-
8 326
-
-
Dividends
-
47 174
-
-
withholding
-
9 681
-
-
total
-
9 681
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 219
18 007
24 465
24 861
After tax
26 281
37 493
31 035
30 639
Living cost
35 733
35 733
35 733
35 733
Free-cash
-9 452
1 760
-4 698
-5 094

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18872
-₽15839
-₽16958
-₽28380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal
-
-
-
-
accident
-
-
-
499
income
-
-
-
2 210
surtax
-
-
-
2 937
health
-
-
-
4 163
pensions
-
-
-
8 879
total
-
-
-
18 688
Employee
74 930
-
49 576
-
pensions
5 993
-
3 966
-
surtax
4 593
-
3 038
-
income
7 237
-
2 434
-
health
3 335
-
2 206
-
total
21 158
-
11 644
-
Employer
74 930
-
49 576
-
health
2 285
-
1 512
-
pensions
5 993
-
3 966
-
accident
674
-
447
-
total
8 952
-
5 925
-
Corporate
-
55 500
-
-
communal
-
3 746
-
-
income
-
8 326
-
-
surtax
-
582
-
-
total
-
12 654
-
-
Dividends
-
42 846
-
-
income
-
1 521
-
-
withholding
-
6 427
-
-
total
-
7 948
-
-
Income
55 500
55 500
55 500
55 500
Total tax
30 110
20 602
17 569
18 688
After tax
25 390
34 898
37 931
36 812
Living cost
53 770
53 770
53 770
53 770
Free-cash
-28 380
-18 872
-15 839
-16 958

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12685
₽8066
₽9257
₽9539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 288
other
-
-
-
-
surtax
-
-
-
464
unemployment
-
-
-
225
health
-
-
-
3 941
pensions
-
-
-
11 101
total
-
-
-
24 019
Employee
33 321
-
45 849
-
other
-
-
-
-
unemployment
2 319
-
3 192
-
pensions
2 223
-
3 059
-
surtax
118
-
374
-
income
5 586
-
7 764
-
health
851
-
1 170
-
total
11 097
-
15 559
-
Employer
33 321
-
45 849
-
health
1 515
-
2 086
-
pensions
4 443
-
6 112
-
unemployment
1 057
-
1 453
-
other
-
-
-
-
total
7 015
-
9 651
-
Corporate
15 164
55 500
-
-
income
3 943
14 430
-
-
total
3 943
14 430
-
-
Dividends
11 221
41 070
-
-
withholding
1 682
6 161
-
-
total
1 682
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 737
20 591
25 210
24 019
After tax
31 763
34 909
30 290
31 481
Living cost
22 224
22 224
22 224
22 224
Free-cash
9 539
12 685
8 066
9 257

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2519
₽285
₽3403
₽323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
836
municipal
-
-
-
330
national
-
-
-
10 004
total
-
-
-
25 444
Employee
54 886
-
55 500
-
municipal
291
-
295
-
national
8 695
-
8 806
-
regional
739
-
746
-
social contributions
18 508
-
18 715
-
total
28 233
-
28 562
-
Employer
54 886
-
55 500
-
total
-
-
-
-
Corporate
614
55 500
-
-
municipal
30
2 758
-
-
nationa
146
13 320
-
-
total
176
16 078
-
-
Dividends
438
39 422
-
-
withholding
115
10 250
-
-
total
115
10 250
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 524
26 328
28 562
25 444
After tax
26 976
29 172
26 938
30 056
Living cost
26 653
26 653
26 653
26 653
Free-cash
323
2 519
285
3 403

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7915
-₽2133
-₽3266
-₽4202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 493
total
-
-
-
28 469
Employee
44 554
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
2 692
-
income
5 346
-
4 970
-
health
6 015
-
5 591
-
total
14 257
-
13 253
-
Employer
44 554
-
41 418
-
health
4 010
-
3 728
-
social contributions
11 138
-
10 355
-
total
15 148
-
14 083
-
Corporate
-
55 500
-
-
income
-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
6 743
-
-
total
-
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 405
17 288
27 336
28 469
After tax
26 095
38 212
28 164
27 031
Living cost
30 297
30 297
30 297
30 297
Free-cash
-4 202
7 915
-2 133
-3 266

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽381
-₽9921
-₽548
-₽1135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
3 678
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
222
health
-
-
-
4 245
pensions
-
-
-
10 267
total
-
-
-
24 481
Employee
43 251
39 431
43 096
-
other
432
394
432
-
unemployment
1 297
1 183
1 294
-
pensions
4 429
4 037
4 412
-
income
3 853
2 908
3 808
-
health
1 673
1 527
1 667
-
total
11 684
10 049
11 613
-
Employer
43 251
39 431
43 096
-
chamber of commerce
173
158
173
-
health
1 635
1 491
1 630
-
pensions
5 428
4 949
5 408
-
accident
561
513
560
-
unemployment
1 297
1 183
1 294
-
surtax
-
-
-
-
payroll
1 297
1 183
1 294
-
other
2 054
1 872
2 047
-
total
12 445
11 349
12 406
-
Corporate
3 755
4 721
39 341
-
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.

939
1 181
9 835
-
total
939
1 181
9 835
-
Dividends
-
3 540
-
-
withholding
-
973
-
-
total
-
973
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 068
23 552
33 854
24 481
After tax
30 432
31 948
21 646
31 019
Living cost
31 567
31 567
31 567
31 567
Free-cash
-1 135
381
-9 921
-548

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40102
₽31777
₽42322
₽37735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
55 500
-
income
3 156
-
11 100
-
total
3 156
-
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%.

39 721
55 500
-
-
total
-
-
-
-
Dividends
39 721
55 500
-
-
withholding
1 986
2 775
-
-
total
1 986
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 142
2 775
11 100
555
After tax
50 358
52 725
44 400
54 945
Living cost
12 623
12 623
12 623
12 623
Free-cash
37 735
40 102
31 777
42 322

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11673
₽2426
₽4080
₽3398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
55 500
income
-
-
-
9 202
unemployment
-
-
-
83
health
-
-
-
5 460
pensions
-
-
-
10 136
total
-
-
-
24 881
Employee

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

43 753
-
48 023
-
unemployment
62
-
68
-
pensions
6 782
-
7 443
-
income
7 545
-
8 443
-
health
2 826
-
3 104
-
total
17 215
-
19 058
-
Employer

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

43 753
-
48 023
-
health
2 914
-
3 200
-
pensions
3 872
-
4 249
-
unemployment
26
-
28
-
total
6 812
-
7 477
-
Corporate
4 934
55 500
-
-
income
937
10 545
-
-
total
937
10 545
-
-
Dividends
3 998
44 955
-
-
withholding
599
6 743
-
-
total
599
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 563
17 288
26 535
24 881
After tax
29 937
38 212
28 965
30 619
Living cost
26 539
26 539
26 539
26 539
Free-cash
3 398
11 673
2 426
4 080

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9661
-₽1168
-₽5072
-₽94566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 818
social contributions
-
-
-
6 327
total
-
-
-
17 145
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
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
106 639
21 734
13 241
17 145
After tax
-51 139
33 766
42 259
38 355
Living cost
43 427
43 427
43 427
43 427
Free-cash
-94 566
-9 661
-1 168
-5 072

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
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.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽533
-₽382
₽1050
-₽816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
4 129
surtax
-
-
-
-
social contributions

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

-
-
-
19 285
total
-
-
-
23 414
Employee
45 507
-
44 848
-
surtax
-
-
-
-
social contributions
5 006
-
4 933
-
income
9 466
-
9 261
-
total
14 472
-
14 194
-
Employer
45 507
-
44 848
-
social contributions
10 808
-
10 652
-
total
10 808
-
10 652
-
Corporate
-
55 500
-
-
income
-
11 655
-
-
surtax
-
-
-
-
total
-
11 655
-
-
Dividends
-
43 845
-
-
withholding
-
12 276
-
-
total
-
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 280
23 931
24 846
23 414
After tax
30 220
31 569
30 654
32 086
Living cost
31 036
31 036
31 036
31 036
Free-cash
-816
533
-382
1 050

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
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.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19815
-₽13977
-₽14500
-₽25825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 418
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
16 011
total
-
-
-
22 211
Employee
61 971
-
42 291
-
pensions
7 009
-
4 782
-
surtax
-
-
-
-
social contributions
1 765
-
1 205
-
income
5 407
-
2 492
-
total
14 181
-
8 479
-
Employer
61 971
-
42 291
-
health
4 337
-
2 961
-
pensions
10 183
-
6 949
-
unemployment
2 510
-
1 712
-
social contributions
186
-
128
-
other
2 139
-
1 459
-
total
19 355
-
13 209
-
Corporate
-
55 500
-
-
income
-
15 539
-
-
surtax
-
-
-
-
total
-
15 539
-
-
Dividends
-
39 961
-
-
surtax
-
-
-
-
social contributions
-
6 872
-
-
withholding
-
5 115
-
-
total
-
11 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 536
27 526
21 688
22 211
After tax
21 964
27 974
33 812
33 289
Living cost
47 789
47 789
47 789
47 789
Free-cash
-25 825
-19 815
-13 977
-14 500

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20208
₽15187
₽13548
₽16884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
-
social contributions
-
-
-
12 210
total
-
-
-
12 210
Employee
31 810
-
48 053
-
income
-
-
-
-
social contributions
2 067
-
3 124
-
total
2 067
-
3 124
-
Employer
31 810
-
48 053
-
social contributions
4 931
-
7 447
-
total
4 931
-
7 447
-
Corporate
18 760
55 500
-
-
income
1 876
5 550
-
-
total
1 876
5 550
-
-
Dividends
16 884
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 874
5 550
10 571
12 210
After tax
46 626
49 950
44 929
43 290
Living cost
29 742
29 742
29 742
29 742
Free-cash
16 884
20 208
15 187
13 548

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽159969
-₽159969
-₽11519
-₽159969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
labour market
-
-
-
4 371
municipal
-
-
-
8 938
national
-
-
-
5 225
pensions
-
-
-
857
total
-
-
-
19 391
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
167 841
167 841
167 841
19 391
After tax
-112 341
-112 341
-112 341
36 109
Living cost
47 628
47 628
47 628
47 628
Free-cash
-159 969
-159 969
-159 969
-11 519

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17241
₽7572
₽16639
₽1162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
17 124
Employee
34 194
-
46 104
-
pensions
3 850
-
5 191
-
income
4 691
-
6 325
-
health
3 915
-
5 279
-
total
12 456
-
16 795
-
Employer
34 194
-
46 104
-
pensions
5 560
-
7 496
-
accident
571
-
770
-
unemployment
838
-
1 130
-
total
6 969
-
9 396
-
Corporate
14 338
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.

12 904
49 950
-
-
total
12 904
49 950
-
-
Dividends
1 434
5 550
-
-
withholding
272
1 054
-
-
total
272
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 601
51 004
26 191
17 124
After tax
22 899
4 496
29 309
38 376
Living cost
21 737
21 737
21 737
21 737
Free-cash
1 162
-17 241
7 572
16 639

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽404
-₽3678
₽5224
-₽6379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
health
-
-
-
441
municipal
-
-
-
9 910
national
-
-
-
1 938
total
-
-
-
12 289
Employee
52 057
-
46 690
-
municipal
8 526
-
7 655
-
unemployment
781
-
700
-
pensions
3 513
-
3 151
-
national
860
-
569
-
health
389
-
306
-
total
14 069
-
12 381
-
Employer
52 057
-
46 690
-
health
400
-
359
-
pensions
9 032
-
8 100
-
accident
53
-
47
-
unemployment
338
-
304
-
total
9 823
-
8 810
-
Corporate
-
55 500
-
-
income
-
11 101
-
-
total
-
11 101
-
-
Dividends

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

-
33 299
-
-
municipal
-
5 993
-
-
national
-
15
-
-
total
-
6 008
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 892
17 109
21 191
12 289
After tax
31 608
38 391
34 309
43 211
Living cost
37 987
37 987
37 987
37 987
Free-cash
-6 379
404
-3 678
5 224

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10217
₽14628
₽20755
₽12581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 763
social contributions
-
-
-
8 658
health
-
-
-
1 416
total
-
-
-
11 837
Employee
76 083
76 083
76 083
-
social contributions
2 877
6 315
4 182
-
income
8 284
7 043
7 813
-
health
590
1 294
856
-
total
11 751
14 652
12 851
-
Employer
76 083
76 083
76 083
-
health
640
1 408
931
-
social contributions
2 877
6 315
4 182
-
total
3 517
7 723
5 113
-
Corporate
17 324
-
-
-
income
2 165
-
-
-
total
2 165
-
-
-
Dividends
15 160
-
-
-
withholding
2 578
-
-
-
total
2 578
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 011
22 375
17 964
11 837
After tax
35 489
33 125
37 536
43 663
Living cost
22 908
22 908
22 908
22 908
Free-cash
12 581
10 217
14 628
20 755

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30250
₽18674
₽25222
₽25216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
55 500
income
-
-
-
4 666
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
14 569
Employee

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

22 711
-
50 318
-
unemployment
113
-
252
-
pensions
3 406
-
7 548
-
income
1 553
-
3 857
-
health
1 930
-
4 277
-
total
7 002
-
15 934
-
Employer

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

22 711
-
50 318
-
health
976
-
2 163
-
pensions
1 249
-
2 768
-
unemployment
113
-
252
-
total
2 338
-
5 183
-
Corporate
30 451
55 500
-
-
income
2 741
4 995
-
-
total
2 741
4 995
-
-
Dividends
27 710
50 505
-
-
withholding
2 494
4 546
-
-
total
2 494
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 575
9 541
21 117
14 569
After tax
40 925
45 959
34 383
40 931
Living cost
15 709
15 709
15 709
15 709
Free-cash
25 216
30 250
18 674
25 222

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10284
₽3826
₽3430
₽4992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
499
income
-
-
-
8 210
other
-
-
-
56
unemployment
-
-
-
389
pensions
-
-
-
15 707
total
-
-
-
24 861
Employee
36 586
-
42 082
-
other
36
-
41
-
unemployment
567
-
652
-
pensions
1 720
-
1 977
-
income
7 053
-
8 379
-
total
9 376
-
11 049
-
Employer
36 586
-
42 082
-
pensions
8 633
-
9 931
-
accident
725
-
834
-
unemployment
2 013
-
2 315
-
other
293
-
336
-
total
11 664
-
13 416
-
Corporate
7 250
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.

1 087
8 326
-
-
total
1 087
8 326
-
-
Dividends
6 163
47 174
-
-
withholding
1 172
9 681
-
-
total
1 172
9 681
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 299
18 007
24 465
24 861
After tax
32 201
37 493
31 035
30 639
Living cost
27 209
27 209
27 209
27 209
Free-cash
4 992
10 284
3 826
3 430

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32697
₽32866
₽33004
₽32380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 127
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
20 561
Employee
2 947
-
53 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
18 053
-
health
147
-
353
-
total
1 011
-
19 112
-
Employer
2 947
-
53 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
51 890
55 500
-
-
income
11 416
12 210
-
-
total
11 416
12 210
-
-
Dividends
40 474
43 290
-
-
withholding
8 095
8 658
-
-
total
8 095
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 185
20 868
20 699
20 561
After tax
34 315
34 632
34 801
34 939
Living cost
1 935
1 935
1 935
1 935
Free-cash
32 380
32 697
32 866
33 004

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22989
₽12781
₽10390
₽18120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 500
income
-
-
-
7 020
unemployment
-
-
-
833
health
-
-
-
5 717
pensions
-
-
-
14 430
total
-
-
-
28 000
Employee

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

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

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

25 801
-
47 074
-
unemployment
194
-
353
-
pensions
3 612
-
6 590
-
income
3 556
-
7 816
-
health
1 329
-
2 424
-
total
8 691
-
17 183
-
Employer

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

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

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

25 801
-
47 074
-
health
1 329
-
2 424
-
pensions
3 096
-
5 649
-
unemployment
194
-
353
-
total
4 619
-
8 426
-
Corporate
25 080
55 500
-
-
income
3 762
8 325
-
-
total
3 762
8 325
-
-
Dividends
21 318
47 175
-
-
withholding
3 198
7 076
-
-
total
3 198
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 270
15 401
25 609
28 000
After tax
35 230
40 099
29 891
27 500
Living cost
17 110
17 110
17 110
17 110
Free-cash
18 120
22 989
12 781
10 390

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4894
₽3979
₽5411
₽4536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
4 129
surtax
-
-
-
-
social contributions

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

-
-
-
19 285
total
-
-
-
23 414
Employee
38 403
-
44 848
-
surtax
-
-
-
-
social contributions
4 225
-
4 933
-
income
7 504
-
9 261
-
total
11 729
-
14 194
-
Employer
38 403
-
44 848
-
social contributions
9 120
-
10 652
-
total
9 120
-
10 652
-
Corporate
7 978
55 500
-
-
income
1 675
11 655
-
-
surtax
-
-
-
-
total
1 675
11 655
-
-
Dividends
6 303
43 845
-
-
withholding
1 765
12 276
-
-
total
1 765
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 289
23 931
24 846
23 414
After tax
31 211
31 569
30 654
32 086
Living cost
26 675
26 675
26 675
26 675
Free-cash
4 536
4 894
3 979
5 411

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2720
-₽3738
-₽4134
-₽7522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
499
income
-
-
-
8 210
other
-
-
-
56
unemployment
-
-
-
389
pensions
-
-
-
15 707
total
-
-
-
24 861
Employee
47 786
-
42 082
-
other
47
-
41
-
unemployment
740
-
652
-
pensions
2 246
-
1 977
-
income
9 981
-
8 379
-
total
13 014
-
11 049
-
Employer
47 786
-
42 082
-
pensions
11 277
-
9 931
-
accident
946
-
834
-
unemployment
2 629
-
2 315
-
other
383
-
336
-
total
15 235
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 326
-
-
total
-
8 326
-
-
Dividends
-
47 174
-
-
withholding
-
9 681
-
-
total
-
9 681
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 249
18 007
24 465
24 861
After tax
27 251
37 493
31 035
30 639
Living cost
34 773
34 773
34 773
34 773
Free-cash
-7 522
2 720
-3 738
-4 134

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30430
₽21819
₽20923
₽24399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
17 554
Employee
22 540
-
48 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
4 872
-
health
1 037
-
1 590
-
total
5 518
-
9 877
-
Employer
22 540
-
48 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
28 537
55 500
-
-
income
2 854
5 550
-
-
total
2 854
5 550
-
-
Dividends
25 684
49 950
-
-
withholding
1 284
2 497
-
-
total
1 284
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 078
8 047
16 658
17 554
After tax
41 422
47 453
38 842
37 946
Living cost
17 023
17 023
17 023
17 023
Free-cash
24 399
30 430
21 819
20 923

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9444
₽4395
₽3032
₽3500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
5 824
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.

-
-
-
321
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.

-
-
-
6 760
trade
-
-
-
1 363
total
-
-
-
14 268
Employee

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

49 231
-
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.

223
-
321
-
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.

4 048
-
5 824
-
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.

6 760
-
6 760
-
total
11 031
-
12 905
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 269
55 500
-
-
income
941
8 326
-
-
surtax

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

53
458
-
-
chamber of commerce
160
231
-
-
trade
899
7 965
-
-
total
2 053
16 980
-
-
Dividends
4 217
38 520
-
-
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.

38
509
-
-
withholding
678
9 255
-
-
total
716
9 764
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 800
26 744
12 905
14 268
After tax
41 700
28 756
42 595
41 232
Living cost
38 200
38 200
38 200
38 200
Free-cash
3 500
-9 444
4 395
3 032

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17514
-₽12886
-₽12886
-₽21897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 003
social contributions
-
-
-
4 020
total
-
-
-
12 023
Employee
77 397
-
55 500
-
income
14 604
-
8 003
-
social contributions
6 430
-
4 020
-
total
21 034
-
12 023
-
Employer
77 397
-
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
21 034
16 651
12 023
12 023
After tax
34 466
38 849
43 477
43 477
Living cost
56 363
56 363
56 363
56 363
Free-cash
-21 897
-17 514
-12 886
-12 886

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5068
₽4166
-₽14587
₽661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
55 500
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
50 949
-
income
4 925
-
6 315
-
social contributions
4 548
-
4 551
-
total
9 473
-
10 866
-
Employer
45 390
-
50 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
5 563
55 500
-
-
income
1 947
19 424
-
-
total
1 947
19 424
-
-
Dividends
3 615
36 076
-
-
social contributions
2 954
5 227
-
-
total
2 954
5 227
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 922
24 651
15 417
34 170
After tax
36 578
30 849
40 083
21 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
661
-5 068
4 166
-14 587

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4962
-₽477
₽5101
-₽800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 431
pensions
-
-
-
3 348
total
-
-
-
13 779
Employee
50 266
-
49 575
-
pensions
3 837
-
3 754
-
income
9 154
-
9 037
-
health
656
-
641
-
total
13 647
-
13 432
-
Employer
50 266
-
49 575
-
health
955
-
942
-
pensions
5 078
-
4 983
-
total
6 033
-
5 925
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 680
13 918
19 357
13 779
After tax
35 820
41 582
36 143
41 721
Living cost
36 620
36 620
36 620
36 620
Free-cash
-800
4 962
-477
5 101

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19393
₽5420
₽14487
₽831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
17 124
Employee
37 578
-
46 104
-
pensions
4 231
-
5 191
-
income
5 155
-
6 325
-
health
4 303
-
5 279
-
total
13 689
-
16 795
-
Employer
37 578
-
46 104
-
pensions
6 110
-
7 496
-
accident
628
-
770
-
unemployment
921
-
1 130
-
total
7 659
-
9 396
-
Corporate
10 264
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.

9 237
49 950
-
-
total
9 237
49 950
-
-
Dividends
1 027
5 550
-
-
withholding
195
1 054
-
-
total
195
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
30 780
51 004
26 191
17 124
After tax
24 720
4 496
29 309
38 376
Living cost
23 889
23 889
23 889
23 889
Free-cash
831
-19 393
5 420
14 487

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33806
₽19515
₽19515
₽28993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
7 353
unemployment
-
-
-
666
work injury
-
-
-
278
health insurance
-
-
-
4 107
pensions
-
-
-
10 212
total
-
-
-
22 616
Employee

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

21 391
-
55 500
-
health insurance
1 583
-
4 107
-
unemployment
257
-
666
-
work injury
107
-
278
-
pensions
3 936
-
10 212
-
income
2 139
-
7 353
-
total
8 022
-
22 616
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 109
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
34 109
55 500
-
-
withholding
5 116
8 325
-
-
total
5 116
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 138
8 325
22 616
22 616
After tax
42 362
47 175
32 884
32 884
Living cost
13 369
13 369
13 369
13 369
Free-cash
28 993
33 806
19 515
19 515

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10184
-₽12490
-₽9411
-₽27878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 274
regional
-
-
-
844
municipal
-
-
-
372
national
-
-
-
10 004
total
-
-
-
25 494
Employee
83 377
-
55 500
-
municipal
498
-
330
-
national
14 090
-
8 806
-
regional
1 259
-
722
-
social contributions
28 114
-
18 715
-
total
43 961
-
28 573
-
Employer
83 377
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 676
-
-
nationa
-
13 320
-
-
total
-
15 996
-
-
Dividends
-
39 504
-
-
withholding
-
10 271
-
-
total
-
10 271
-
-
Income
55 500
55 500
55 500
55 500
Total tax
43 961
26 267
28 573
25 494
After tax
11 539
29 233
26 927
30 006
Living cost
39 417
39 417
39 417
39 417
Free-cash
-27 878
-10 184
-12 490
-9 411

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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