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
-₽1516
₽12858
₽9328
₽11297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
5 916
trade
-
-
-
1 561
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.

-
-
-
326
total
-
-
-
14 502
Employee

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

37 505
-
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
-
326
-
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.

1 048
-
5 916
-
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.

6 699
-
6 699
-
total
7 805
-
12 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 995
55 500
-
-
trade
2 834
8 740
-
-
chamber of commerce
175
229
-
-
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.

149
458
-
-
income
2 700
8 325
-
-
total
5 858
17 752
-
-
Dividends
12 137
37 748
-
-
withholding
2 661
9 064
-
-
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.

147
499
-
-
total
2 808
9 563
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 471
27 315
12 941
14 502
After tax
39 029
28 185
42 559
40 998
Living cost
29 701
29 701
29 701
29 701
Free-cash
9 328
-1 516
12 858
11 297

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17085
-₽16296
-₽31947
-₽16732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
8 058
pensions
-
-
-
6 660
municipal
-
-
-
5 200
total
-
-
-
20 515
Employee
80 170
-
47 979
-
national
15 345
-
8 391
-
municipal
9 902
-
5 415
-
pensions
3 207
-
1 919
-
total
28 454
-
15 725
-
Employer
80 170
-
47 979
-
pensions
6 414
-
3 838
-
social contributions
862
-
516
-
total
7 276
-
4 354
-
Corporate
-
55 500
-
-
income

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

-
11 100
-
-
total
-
11 100
-
-
Dividends
-
44 400
-
-
withholding
-
9 768
-
-
total
-
9 768
-
-
Income
55 500
55 500
55 500
55 500
Total tax
35 730
20 868
20 079
20 515
After tax
19 770
34 632
35 421
34 985
Living cost
51 717
51 717
51 717
51 717
Free-cash
-31 947
-17 085
-16 296
-16 732

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24000
₽11368
₽15955
₽23688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 500
microenterprise
-
-
-
8 325
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.

-
-
-
3 087
income
-
-
-
-
surtax
-
-
-
-
total
-
-
-
11 412
Employee
28 653
-
44 726
-
surtax
-
-
-
-
income
5 101
-
8 038
-
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.

3 152
-
4 920
-
total
8 253
-
12 958
-
Employer
28 653
-
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.

6 902
-
10 774
-
total
6 902
-
10 774
-
Corporate
19 945
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%.

3 990
11 100
-
-
total
3 990
11 100
-
-
Dividends

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

15 956
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 145
11 100
23 732
11 412
After tax
36 355
44 400
31 768
44 088
Living cost
20 400
20 400
20 400
20 400
Free-cash
15 955
24 000
11 368
23 688

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36369
-₽41874
-₽41874
-₽9338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 519
income
-
-
-
5 250
pensions
-
-
-
9 991
total
-
-
-
23 760
Employee
83 737
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
15 073
11 489
15 073
-
health
12 853
10 932
12 853
-
total
41 632
36 127
41 632
-
Employer
83 737
83 737
83 737
-
unemployment
3 015
3 015
3 015
-
pensions
5 828
5 828
5 828
-
health
5 821
5 821
5 821
-
total
14 664
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
56 296
50 791
56 296
23 760
After tax
-796
4 709
-796
31 740
Living cost
41 078
41 078
41 078
41 078
Free-cash
-41 874
-36 369
-41 874
-9 338

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10627
-₽11291
-₽21146
-₽13265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 463
national
-
-
-
-
pensions
-
-
-
6 000
unemployment
-
-
-
56
other
-
-
-
6 449
accident
-
-
-
111
municipal
-
-
-
11 756
total
-
-
-
27 835
Employee
58 321
-
42 231
-
national
-
-
-
-
municipal
17 391
-
12 593
-
total
17 391
-
12 593
-
Employer
58 321
-
42 231
-
unemployment
1 540
-
1 115
-
pensions
6 304
-
4 565
-
accident
117
-
84
-
other
6 777
-
4 907
-
health
3 587
-
2 597
-
total
18 325
-
13 268
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
withholding
-
12 987
-
-
total
-
12 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
35 716
25 197
25 861
27 835
After tax
19 784
30 303
29 639
27 665
Living cost
40 930
40 930
40 930
40 930
Free-cash
-21 146
-10 627
-11 291
-13 265

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10620
₽4038
₽3158
₽2408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
5 916
trade
-
-
-
1 630
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.

-
-
-
326
total
-
-
-
14 571
Employee

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

49 727
-
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.

234
-
326
-
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.

4 272
-
5 916
-
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.

6 699
-
6 699
-
total
11 205
-
12 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 773
55 500
-
-
trade
949
9 129
-
-
chamber of commerce
156
227
-
-
surtax

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

48
458
-
-
income
865
8 325
-
-
total
2 018
18 139
-
-
Dividends
3 754
37 361
-
-
withholding
566
8 967
-
-
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.

32
493
-
-
total
598
9 460
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 821
27 599
12 941
14 571
After tax
41 679
27 901
42 559
40 929
Living cost
38 521
38 521
38 521
38 521
Free-cash
3 158
-10 620
4 038
2 408

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1521
₽5815
₽4999
₽11794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 416
social contributions
-
-
-
8 658
income
-
-
-
1 827
total
-
-
-
11 901
Employee
75 402
75 402
75 402
-
income
7 918
6 980
7 730
-
social contributions
3 664
6 258
4 181
-
health
750
1 282
856
-
total
12 332
14 520
12 767
-
Employer
75 402
75 402
75 402
-
social contributions
3 664
6 258
4 181
-
health
817
1 396
932
-
total
4 481
7 654
5 113
-
Corporate
6 882
-
-
-
income
860
-
-
-
total
860
-
-
-
Dividends
6 023
-
-
-
withholding
1 023
-
-
-
total
1 023
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 696
22 174
17 880
11 901
After tax
36 804
33 326
37 620
43 599
Living cost
31 805
31 805
31 805
31 805
Free-cash
4 999
1 521
5 815
11 794

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13569
₽14320
₽13941
₽20593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 885
income
-
-
-
6 785
pensions
-
-
-
5 550
unemployment
-
-
-
833
total
-
-
-
17 053
Employee

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
46 444
-
unemployment
387
154
697
-
income
3 151
1 254
5 678
-
pensions
2 577
1 026
4 644
-
health
1 804
718
3 251
-
total
7 919
3 152
14 270
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
46 444
-
pensions
5 026
2 000
9 056
-
total
5 026
2 000
9 056
-
Corporate
24 701
43 242
-
-
income
2 223
3 892
-
-
total
2 223
3 892
-
-
Dividends
22 478
39 351
-
-
withholding
4 271
7 477
-
-
social contributions
4 266
7 556
-
-
total
8 537
15 033
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 705
24 077
23 326
17 053
After tax
31 795
31 423
32 174
38 447
Living cost
17 854
17 854
17 854
17 854
Free-cash
13 941
13 569
14 320
20 593

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20715
₽9072
₽14622
₽7143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 214
income
-
-
-
6 358
pensions
-
-
-
11 100
total
-
-
-
24 672
Employee
27 817
-
41 479
-
unemployment
445
-
664
-
income
3 132
-
7 229
-
pensions
556
-
830
-
total
4 133
-
8 723
-
Employer
27 817
-
41 479
-
unemployment
223
-
331
-
pensions
5 564
-
8 296
-
health
3 616
-
5 393
-
total
9 403
-
14 020
-
Corporate
18 280
55 500
-
-
income
3 657
11 100
-
-
total
3 657
11 100
-
-
Dividends
14 623
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 193
11 100
22 743
24 672
After tax
38 307
44 400
32 757
30 828
Living cost
23 685
23 685
23 685
23 685
Free-cash
14 622
20 715
9 072
7 143

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17219
₽7593
₽1166
₽16651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
10 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
17 134
Employee
34 159
-
46 104
-
income
4 686
-
6 325
-
pensions
3 846
-
5 191
-
health
3 911
-
5 279
-
total
12 443
-
16 795
-
Employer
34 159
-
46 104
-
unemployment
837
-
1 130
-
pensions
5 555
-
7 497
-
accident
570
-
770
-
total
6 962
-
9 397
-
Corporate
14 379
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.

12 941
49 950
-
-
total
12 941
49 950
-
-
Dividends
1 438
5 550
-
-
withholding
273
1 054
-
-
total
273
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 619
51 004
26 192
17 134
After tax
22 881
4 496
29 308
38 366
Living cost
21 715
21 715
21 715
21 715
Free-cash
1 166
-17 219
7 593
16 651

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44646
₽36321
₽43132
₽46866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 098
-
55 500
-
income
2 019
-
11 100
-
total
2 019
-
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%.

45 402
55 500
-
-
total
-
-
-
-
Dividends
45 402
55 500
-
-
withholding
2 270
2 775
-
-
total
2 270
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 289
2 775
11 100
555
After tax
51 211
52 725
44 400
54 945
Living cost
8 079
8 079
8 079
8 079
Free-cash
43 132
44 646
36 321
46 866

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14649
₽6406
₽8024
₽3923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 441
income
-
-
-
7 049
pensions

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

-
-
-
13 322
other
-
-
-
2 637
total
-
-
-
25 449
Employee
35 604
-
44 326
-
unemployment
355
-
443
-
income
6 130
-
7 629
-
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.

2 492
-
3 104
-
health
499
-
620
-
total
9 476
-
11 796
-
Employer
35 604
-
44 326
-
unemployment
355
-
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.

6 053
-
7 536
-
accident
285
-
355
-
other
1 781
-
2 216
-
health
499
-
620
-
total
8 973
-
11 170
-
Corporate
10 923
55 500
-
-
income
2 294
11 654
-
-
total
2 294
11 654
-
-
Dividends
8 629
43 846
-
-
withholding
605
3 069
-
-
total
605
3 069
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 348
14 723
22 966
25 449
After tax
34 152
40 777
32 534
30 051
Living cost
26 128
26 128
26 128
26 128
Free-cash
8 024
14 649
6 406
3 923

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23870
-₽29334
-₽49803
-₽23743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 428
pensions
-
-
-
3 360
total
-
-
-
13 788
Employee
92 610
-
49 564
-
income
16 694
-
9 031
-
pensions
8 934
-
3 768
-
health
1 526
-
644
-
total
27 154
-
13 443
-
Employer
92 610
-
49 564
-
pensions
10 935
-
4 994
-
health
1 759
-
942
-
total
12 694
-
5 936
-
Corporate
-
55 500
-
-
income

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

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 371
-
-
total
-
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
39 848
13 915
19 379
13 788
After tax
15 652
41 585
36 121
41 712
Living cost
65 455
65 455
65 455
65 455
Free-cash
-49 803
-23 870
-29 334
-23 743

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34709
₽26295
₽30192
₽25366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
8 325
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
17 390
Employee
16 874
-
48 839
-
income
1 687
-
4 884
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
9 800
-
Employer
16 874
-
48 839
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
35 314
55 500
-
-
income
3 532
5 550
-
-
total
3 532
5 550
-
-
Dividends
31 783
49 950
-
-
withholding
1 589
2 497
-
-
total
1 589
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 564
8 047
16 461
17 390
After tax
42 936
47 453
39 039
38 110
Living cost
12 744
12 744
12 744
12 744
Free-cash
30 192
34 709
26 295
25 366

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49666
-₽55171
-₽51330
-₽22635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 519
income
-
-
-
5 250
pensions
-
-
-
9 991
total
-
-
-
23 760
Employee
90 912
83 737
83 737
-
income

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

13 706
13 706
13 706
-
pensions
11 489
11 489
15 073
-
health
11 342
10 932
12 853
-
total
36 537
36 127
41 632
-
Employer
90 912
83 737
83 737
-
unemployment
3 273
3 015
3 015
-
pensions
6 327
5 828
5 828
-
health
6 318
5 821
5 821
-
total
15 918
14 664
14 664
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
52 455
50 791
56 296
23 760
After tax
3 045
4 709
-796
31 740
Living cost
54 375
54 375
54 375
54 375
Free-cash
-51 330
-49 666
-55 171
-22 635

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14033
₽3986
₽5408
₽2852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 493
social contributions
-
-
-
16 206
income
-
-
-
4 770
solidarity contribution
-
-
-
-
total
-
-
-
28 469
Employee
35 557
-
41 418
-
income
4 267
-
4 970
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
2 692
-
health
4 800
-
5 591
-
total
11 378
-
13 253
-
Employer
35 557
-
41 418
-
social contributions
8 889
-
10 354
-
health
3 200
-
3 728
-
total
12 089
-
14 082
-
Corporate
7 854
55 500
-
-
income
1 492
10 545
-
-
total
1 492
10 545
-
-
Dividends
6 362
44 955
-
-
withholding
954
6 743
-
-
total
954
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 913
17 288
27 335
28 469
After tax
29 587
38 212
28 165
27 031
Living cost
24 179
24 179
24 179
24 179
Free-cash
5 408
14 033
3 986
2 852

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11765
-₽14183
-₽31647
-₽11049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 015
regional
-
-
-
554
municipal
-
-
-
329
total
-
-
-
25 172
Employee
87 148
-
55 500
-
regional
822
-
483
-
national
15 101
-
8 815
-
municipal
461
-
294
-
social contributions
29 386
-
18 714
-
total
45 770
-
28 306
-
Employer
87 148
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 320
-
-
municipal
-
2 164
-
-
total
-
15 484
-
-
Dividends
-
40 016
-
-
withholding
-
10 404
-
-
total
-
10 404
-
-
Income
55 500
55 500
55 500
55 500
Total tax
45 770
25 888
28 306
25 172
After tax
9 730
29 612
27 194
30 328
Living cost
41 377
41 377
41 377
41 377
Free-cash
-31 647
-11 765
-14 183
-11 049

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13270
₽8610
₽10221
₽9802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 941
income
-
-
-
8 318
pensions
-
-
-
11 100
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
478
total
-
-
-
24 060
Employee
32 427
-
45 850
-
surtax
106
-
389
-
unemployment
2 257
-
3 191
-
income
5 435
-
7 795
-
pensions
2 162
-
3 057
-
health
828
-
1 170
-
other
-
-
-
-
total
10 788
-
15 602
-
Employer
32 427
-
45 850
-
unemployment
1 027
-
1 453
-
pensions
4 323
-
6 111
-
other
-
-
-
-
health
1 476
-
2 086
-
total
6 826
-
9 650
-
Corporate
16 247
55 500
-
-
income
4 224
14 431
-
-
total
4 224
14 431
-
-
Dividends
12 023
41 069
-
-
withholding
1 803
6 161
-
-
total
1 803
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 641
20 592
25 252
24 060
After tax
31 859
34 908
30 248
31 440
Living cost
21 638
21 638
21 638
21 638
Free-cash
10 221
13 270
8 610
9 802

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3132
-₽8596
-₽14462
-₽3005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 428
pensions
-
-
-
3 360
total
-
-
-
13 788
Employee
62 064
-
49 564
-
income
11 178
-
9 031
-
pensions
5 268
-
3 768
-
health
901
-
644
-
total
17 347
-
13 443
-
Employer
62 064
-
49 564
-
pensions
6 719
-
4 994
-
health
1 179
-
942
-
total
7 898
-
5 936
-
Corporate
-
55 500
-
-
income

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

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 371
-
-
total
-
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 245
13 915
19 379
13 788
After tax
30 255
41 585
36 121
41 712
Living cost
44 717
44 717
44 717
44 717
Free-cash
-14 462
-3 132
-8 596
-3 005

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
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.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽54220
-₽35320
-₽46525
-₽32438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
260
national
-
-
-
149
pensions
-
-
-
5 107
regional
-
-
-
1 131
city
-
-
-
583
other

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

-
-
-
1 110
total
-
-
-
8 340
Employee
93 150
-
49 649
-
regional
3 050
-
955
-
national
441
-
117
-
unemployment
-
-
-
-
pensions
7 826
-
4 199
-
health
211
-
112
-
city
1 000
-
534
-
total
12 528
-
5 917
-
Employer
93 150
-
49 649
-
unemployment
-
-
-
-
pensions
7 826
-
4 199
-
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.

1 862
-
994
-
health
211
-
112
-
total
9 899
-
5 305
-
Corporate
-
55 500
-
-
national
-
4 718
-
-
regional
-
11 739
-
-
total
-
16 457
-
-
Dividends
-
39 043
-
-
withholding
-
13 665
-
-
total
-
13 665
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 427
30 122
11 222
8 340
After tax
33 073
25 378
44 278
47 160
Living cost
79 598
79 598
79 598
79 598
Free-cash
-46 525
-54 220
-35 320
-32 438

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17308
-₽2362
-₽3431
-₽4061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
5 916
trade
-
-
-
1 699
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.

-
-
-
326
total
-
-
-
14 640
Employee

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

58 931
-
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.

381
-
326
-
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.

6 930
-
5 916
-
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.

6 699
-
6 699
-
total
14 010
-
12 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
trade
-
9 518
-
-
chamber of commerce
-
227
-
-
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
-
-
income
-
8 325
-
-
total
-
18 528
-
-
Dividends
-
36 972
-
-
withholding
-
8 871
-
-
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
-
-
total
-
9 359
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 010
27 887
12 941
14 640
After tax
41 490
27 613
42 559
40 860
Living cost
44 921
44 921
44 921
44 921
Free-cash
-3 431
-17 308
-2 362
-4 061

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5578
₽240
₽216
-₽275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
482
social contributions
-
-
-
1 582
income
-
-
-
2 443
pensions
-
-
-
15 998
other
-
-
-
1 721
surtax
-
-
-
-
total
-
-
-
22 226
Employee
41 967
-
42 294
-
surtax
-
-
-
-
income
2 477
-
2 516
-
social contributions
1 197
-
1 206
-
pensions
4 745
-
4 782
-
total
8 419
-
8 504
-
Employer
41 967
-
42 294
-
unemployment
1 699
-
1 712
-
pensions
6 894
-
6 948
-
social contributions
127
-
127
-
other
1 448
-
1 459
-
health
2 938
-
2 961
-
total
13 106
-
13 207
-
Corporate
427
55 500
-
-
surtax
-
-
-
-
income
119
15 540
-
-
total
119
15 540
-
-
Dividends
308
39 960
-
-
withholding
39
5 115
-
-
surtax
-
-
-
-
social contributions
52
6 874
-
-
total
91
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 735
27 529
21 711
22 226
After tax
33 765
27 971
33 789
33 274
Living cost
33 549
33 549
33 549
33 549
Free-cash
216
-5 578
240
-275

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2254
₽3564
₽3194
₽3049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
482
social contributions
-
-
-
1 582
income
-
-
-
2 443
pensions
-
-
-
15 998
other
-
-
-
1 721
surtax
-
-
-
-
total
-
-
-
22 226
Employee
37 462
-
42 294
-
surtax
-
-
-
-
income
1 932
-
2 516
-
social contributions
1 068
-
1 206
-
pensions
4 237
-
4 782
-
total
7 237
-
8 504
-
Employer
37 462
-
42 294
-
unemployment
1 517
-
1 712
-
pensions
6 156
-
6 948
-
social contributions
112
-
127
-
other
1 293
-
1 459
-
health
2 622
-
2 961
-
total
11 700
-
13 207
-
Corporate
6 339
55 500
-
-
surtax
-
-
-
-
income
1 775
15 540
-
-
total
1 775
15 540
-
-
Dividends
4 564
39 960
-
-
withholding
584
5 115
-
-
surtax
-
-
-
-
social contributions
785
6 874
-
-
total
1 369
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 081
27 529
21 711
22 226
After tax
33 419
27 971
33 789
33 274
Living cost
30 225
30 225
30 225
30 225
Free-cash
3 194
-2 254
3 564
3 049

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13067
₽12510
₽13575
₽14849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 874
social contributions
-
-
-
7 659
income
-
-
-
8 325
total
-
-
-
19 858
Employee
33 247
-
55 500
-
income
5 545
-
10 664
-
social contributions
4 589
-
7 659
-
health
2 320
-
3 874
-
total
12 454
-
22 197
-
Employer
33 247
-
55 500
-
total
-
-
-
-
Corporate
22 253
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%.

1 113
2 774
-
-
total
1 113
2 774
-
-
Dividends
21 140
52 726
-
-
withholding
3 171
7 909
-
-
social contributions
2 918
7 276
-
-
health
1 476
3 681
-
-
total
7 565
18 866
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 132
21 640
22 197
19 858
After tax
34 368
33 860
33 303
35 642
Living cost
20 793
20 793
20 793
20 793
Free-cash
13 575
13 067
12 510
14 849

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2722
-₽13031
-₽8730
-₽3769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 246
chamber of commerce
-
-
-
221
income
-
-
-
3 774
pensions
-
-
-
10 268
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
24 717
Employee
49 005
39 077
42 949
-
unemployment
1 470
1 172
1 288
-
income
5 579
2 882
3 843
-
pensions
5 019
4 001
4 397
-
health
1 896
1 513
1 662
-
other
489
391
430
-
total
14 453
9 959
11 620
-
Employer
49 005
39 077
42 949
-
chamber of commerce
195
156
171
-
surtax
194
194
194
-
payroll
1 470
1 172
1 288
-
unemployment
1 470
1 172
1 288
-
pensions
6 150
4 905
5 391
-
accident
636
508
558
-
other
2 328
1 855
2 039
-
health
1 852
1 477
1 623
-
total
14 295
11 439
12 552
-
Corporate
3 722
4 982
39 227
-
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.

930
1 245
9 807
-
total
930
1 245
9 807
-
Dividends
-
3 737
-
-
withholding
-
1 027
-
-
total
-
1 027
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 678
23 670
33 979
24 717
After tax
25 822
31 830
21 521
30 783
Living cost
34 552
34 552
34 552
34 552
Free-cash
-8 730
-2 722
-13 031
-3 769

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4470
-₽11876
-₽35058
-₽5800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 948
social contributions
-
-
-
6 360
national
-
-
-
16 239
total
-
-
-
25 547
Employee

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

70 141
-
42 986
-
national
21 564
-
11 248
-
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.

610
-
374
-
communal

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

3 658
-
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.

5 261
-
3 225
-
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.

3 296
-
2 021
-
total
34 389
-
19 110
-
Employer

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

70 141
-
42 986
-
surtax
7 953
-
4 875
-
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.

1 023
-
627
-
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.

6 215
-
3 809
-
accident

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

912
-
558
-
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.

4 313
-
2 644
-
total
20 416
-
12 513
-
Corporate
-
55 500
-
-
surtax
-
221
-
-
income
-
11 100
-
-
total
-
11 321
-
-
Dividends
-
44 179
-
-
withholding

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

-
12 896
-
-
total
-
12 896
-
-
Income
55 500
55 500
55 500
55 500
Total tax
54 805
24 217
31 623
25 547
After tax
695
31 283
23 877
29 953
Living cost
35 753
35 753
35 753
35 753
Free-cash
-35 058
-4 470
-11 876
-5 800

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2078
-₽4414
-₽8870
-₽4805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 241
pensions
-
-
-
15 707
unemployment
-
-
-
389
other
-
-
-
56
accident
-
-
-
499
total
-
-
-
24 892
Employee
48 811
-
42 083
-
unemployment
757
-
653
-
income
10 299
-
8 410
-
pensions
2 294
-
1 978
-
other
48
-
43
-
total
13 398
-
11 084
-
Employer
48 811
-
42 083
-
unemployment
2 685
-
2 315
-
pensions
11 519
-
9 931
-
accident
966
-
834
-
other
389
-
337
-
total
15 559
-
13 417
-
Corporate
-
55 500
-
-
income

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

-
8 325
-
-
total
-
8 325
-
-
Dividends
-
47 175
-
-
withholding
-
9 684
-
-
total
-
9 684
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 957
18 009
24 501
24 892
After tax
26 543
37 491
30 999
30 608
Living cost
35 413
35 413
35 413
35 413
Free-cash
-8 870
2 078
-4 414
-4 805

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18406
-₽15398
-₽27632
-₽16509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 163
communal
-
-
-
-
income
-
-
-
2 242
pensions
-
-
-
8 880
surtax
-
-
-
2 936
accident
-
-
-
499
total
-
-
-
18 720
Employee
74 258
-
49 575
-
surtax
4 552
-
3 039
-
income
7 173
-
2 473
-
pensions
5 940
-
3 965
-
health
3 305
-
2 207
-
total
20 970
-
11 684
-
Employer
74 258
-
49 575
-
pensions
5 940
-
3 965
-
accident
668
-
447
-
health
2 265
-
1 513
-
total
8 873
-
5 925
-
Corporate
-
55 500
-
-
surtax
-
582
-
-
income
-
8 325
-
-
communal
-
3 746
-
-
total
-
12 653
-
-
Dividends
-
42 846
-
-
withholding
-
6 427
-
-
income
-
1 537
-
-
total
-
7 964
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 843
20 617
17 609
18 720
After tax
25 657
34 883
37 891
36 780
Living cost
53 289
53 289
53 289
53 289
Free-cash
-27 632
-18 406
-15 398
-16 509

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12883
₽8223
₽9766
₽9415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 941
income
-
-
-
8 318
pensions
-
-
-
11 100
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
478
total
-
-
-
24 060
Employee
33 022
-
45 850
-
surtax
117
-
389
-
unemployment
2 298
-
3 191
-
income
5 536
-
7 795
-
pensions
2 203
-
3 057
-
health
843
-
1 170
-
other
-
-
-
-
total
10 997
-
15 602
-
Employer
33 022
-
45 850
-
unemployment
1 048
-
1 453
-
pensions
4 403
-
6 111
-
other
-
-
-
-
health
1 502
-
2 086
-
total
6 953
-
9 650
-
Corporate
15 526
55 500
-
-
income
4 036
14 431
-
-
total
4 036
14 431
-
-
Dividends
11 489
41 069
-
-
withholding
1 723
6 161
-
-
total
1 723
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 709
20 592
25 252
24 060
After tax
31 791
34 908
30 248
31 440
Living cost
22 025
22 025
22 025
22 025
Free-cash
9 766
12 883
8 223
9 415

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2758
₽515
₽578
₽3631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 015
regional
-
-
-
836
municipal
-
-
-
329
total
-
-
-
25 454
Employee
54 394
-
55 500
-
regional
732
-
747
-
national
8 618
-
8 815
-
municipal
288
-
294
-
social contributions
18 342
-
18 714
-
total
27 980
-
28 570
-
Employer
54 394
-
55 500
-
total
-
-
-
-
Corporate
1 106
55 500
-
-
nationa
266
13 320
-
-
municipal
56
2 758
-
-
total
322
16 078
-
-
Dividends
784
39 422
-
-
withholding
205
10 249
-
-
total
205
10 249
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 507
26 327
28 570
25 454
After tax
26 993
29 173
26 930
30 046
Living cost
26 415
26 415
26 415
26 415
Free-cash
578
2 758
515
3 631

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8417
-₽1630
-₽3213
-₽2764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 493
social contributions
-
-
-
16 206
income
-
-
-
4 770
solidarity contribution
-
-
-
-
total
-
-
-
28 469
Employee
43 815
-
41 418
-
income
5 258
-
4 970
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
2 692
-
health
5 915
-
5 591
-
total
14 021
-
13 253
-
Employer
43 815
-
41 418
-
social contributions
10 954
-
10 354
-
health
3 943
-
3 728
-
total
14 897
-
14 082
-
Corporate
-
55 500
-
-
income
-
10 545
-
-
total
-
10 545
-
-
Dividends
-
44 955
-
-
withholding
-
6 743
-
-
total
-
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 918
17 288
27 335
28 469
After tax
26 582
38 212
28 165
27 031
Living cost
29 795
29 795
29 795
29 795
Free-cash
-3 213
8 417
-1 630
-2 764

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽651
-₽9722
-₽630
-₽307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 246
chamber of commerce
-
-
-
221
income
-
-
-
3 774
pensions
-
-
-
10 268
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
24 523
Employee
42 864
39 077
43 096
-
unemployment
1 286
1 172
1 293
-
income
3 818
2 882
3 885
-
pensions
4 390
4 001
4 414
-
health
1 658
1 513
1 667
-
other
428
391
432
-
total
11 580
9 959
11 691
-
Employer
42 864
39 077
43 096
-
chamber of commerce
171
156
173
-
surtax
-
-
-
-
payroll
1 286
1 172
1 293
-
unemployment
1 286
1 172
1 293
-
pensions
5 380
4 905
5 409
-
accident
556
508
560
-
other
2 036
1 855
2 047
-
health
1 621
1 477
1 628
-
total
12 336
11 245
12 403
-
Corporate
3 722
5 176
39 374
-
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.

930
1 293
9 844
-
total
930
1 293
9 844
-
Dividends
-
3 882
-
-
withholding
-
1 068
-
-
total
-
1 068
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 846
23 565
33 938
24 523
After tax
30 654
31 935
21 562
30 977
Living cost
31 284
31 284
31 284
31 284
Free-cash
-630
651
-9 722
-307

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40136
₽31811
₽37776
₽42356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 736
-
55 500
-
income
3 147
-
11 100
-
total
3 147
-
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%.

39 764
55 500
-
-
total
-
-
-
-
Dividends
39 764
55 500
-
-
withholding
1 988
2 775
-
-
total
1 988
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 135
2 775
11 100
555
After tax
50 365
52 725
44 400
54 945
Living cost
12 589
12 589
12 589
12 589
Free-cash
37 776
40 136
31 811
42 356

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11910
₽2652
₽3709
₽4279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 462
income
-
-
-
9 238
pensions
-
-
-
10 136
unemployment
-
-
-
84
total
-
-
-
24 920
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.

43 361
-
48 023
-
unemployment
61
-
67
-
income
7 478
-
8 458
-
pensions
6 721
-
7 443
-
health
2 801
-
3 102
-
total
17 061
-
19 070
-
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.

43 361
-
48 023
-
unemployment
26
-
28
-
pensions
3 837
-
4 250
-
health
2 888
-
3 199
-
total
6 751
-
7 477
-
Corporate
5 387
55 500
-
-
income
1 023
10 545
-
-
total
1 023
10 545
-
-
Dividends
4 364
44 955
-
-
withholding
655
6 744
-
-
total
655
6 744
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 490
17 289
26 547
24 920
After tax
30 010
38 211
28 953
30 580
Living cost
26 301
26 301
26 301
26 301
Free-cash
3 709
11 910
2 652
4 279

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11347
-₽3367
-₽100391
-₽6758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
6 327
income
-
-
-
10 818
total
-
-
-
17 145
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
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
110 778
21 734
13 754
17 145
After tax
-55 278
33 766
41 746
38 355
Living cost
45 113
45 113
45 113
45 113
Free-cash
-100 391
-11 347
-3 367
-6 758

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽812
-₽145
-₽311
₽1306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
social contributions

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

-
-
-
19 286
income
-
-
-
4 150
surtax
-
-
-
-
total
-
-
-
23 436
Employee
45 099
-
44 849
-
surtax
-
-
-
-
income
9 381
-
9 303
-
social contributions
4 961
-
4 933
-
total
14 342
-
14 236
-
Employer
45 099
-
44 849
-
social contributions
10 711
-
10 651
-
total
10 711
-
10 651
-
Corporate
-
55 500
-
-
surtax
-
-
-
-
income
-
11 654
-
-
total
-
11 654
-
-
Dividends
-
43 846
-
-
withholding
-
12 276
-
-
total
-
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 053
23 930
24 887
23 436
After tax
30 447
31 570
30 613
32 064
Living cost
30 758
30 758
30 758
30 758
Free-cash
-311
812
-145
1 306

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
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.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19390
-₽13572
-₽25096
-₽14087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
482
social contributions
-
-
-
1 582
income
-
-
-
2 443
pensions
-
-
-
15 998
other
-
-
-
1 721
surtax
-
-
-
-
total
-
-
-
22 226
Employee
61 415
-
42 294
-
surtax
-
-
-
-
income
5 359
-
2 516
-
social contributions
1 749
-
1 206
-
pensions
6 946
-
4 782
-
total
14 054
-
8 504
-
Employer
61 415
-
42 294
-
unemployment
2 488
-
1 712
-
pensions
10 091
-
6 948
-
social contributions
184
-
127
-
other
2 119
-
1 459
-
health
4 299
-
2 961
-
total
19 181
-
13 207
-
Corporate
-
55 500
-
-
surtax
-
-
-
-
income
-
15 540
-
-
total
-
15 540
-
-
Dividends
-
39 960
-
-
withholding
-
5 115
-
-
surtax
-
-
-
-
social contributions
-
6 874
-
-
total
-
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 235
27 529
21 711
22 226
After tax
22 265
27 971
33 789
33 274
Living cost
47 361
47 361
47 361
47 361
Free-cash
-25 096
-19 390
-13 572
-14 087

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20473
₽15438
₽17179
₽13813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
-
social contributions
-
-
-
12 211
total
-
-
-
12 211
Employee
31 525
-
48 051
-
social contributions
2 049
-
3 124
-
income
-
-
13
-
total
2 049
-
3 137
-
Employer
31 525
-
48 051
-
social contributions
4 887
-
7 449
-
total
4 887
-
7 449
-
Corporate
19 089
55 500
-
-
income
1 909
5 551
-
-
total
1 909
5 551
-
-
Dividends
17 180
49 949
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 845
5 551
10 586
12 211
After tax
46 655
49 949
44 914
43 289
Living cost
29 476
29 476
29 476
29 476
Free-cash
17 179
20 473
15 438
13 813

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽157843
-₽157843
-₽157843
-₽11086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 372
national
-
-
-
5 240
pensions
-
-
-
849
municipal
-
-
-
8 967
total
-
-
-
19 428
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
166 185
166 185
166 185
19 428
After tax
-110 685
-110 685
-110 685
36 072
Living cost
47 158
47 158
47 158
47 158
Free-cash
-157 843
-157 843
-157 843
-11 086

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16899
₽7913
₽1213
₽16971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
10 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
17 134
Employee
33 656
-
46 104
-
income
4 617
-
6 325
-
pensions
3 790
-
5 191
-
health
3 854
-
5 279
-
total
12 261
-
16 795
-
Employer
33 656
-
46 104
-
unemployment
825
-
1 130
-
pensions
5 472
-
7 497
-
accident
562
-
770
-
total
6 859
-
9 397
-
Corporate
14 985
55 500
-
-
income

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

13 487
49 950
-
-
total
13 487
49 950
-
-
Dividends
1 499
5 550
-
-
withholding
285
1 054
-
-
total
285
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 892
51 004
26 192
17 134
After tax
22 608
4 496
29 308
38 366
Living cost
21 395
21 395
21 395
21 395
Free-cash
1 213
-16 899
7 913
16 971

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽726
-₽3358
-₽5824
₽5491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
445
national
-
-
-
2 006
municipal
-
-
-
9 911
total
-
-
-
12 362
Employee
51 590
-
46 691
-
national
852
-
586
-
unemployment
774
-
700
-
municipal
8 450
-
7 655
-
pensions
3 482
-
3 152
-
health
385
-
309
-
total
13 943
-
12 402
-
Employer
51 590
-
46 691
-
unemployment
335
-
303
-
pensions
8 951
-
8 100
-
accident
52
-
47
-
health
396
-
359
-
total
9 734
-
8 809
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
total
-
11 100
-
-
Dividends

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

-
33 300
-
-
municipal
-
5 994
-
-
national
-
33
-
-
total
-
6 027
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 677
17 127
21 211
12 362
After tax
31 823
38 373
34 289
43 138
Living cost
37 647
37 647
37 647
37 647
Free-cash
-5 824
726
-3 358
5 491

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10623
₽14917
₽12830
₽20896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 416
social contributions
-
-
-
8 658
income
-
-
-
1 827
total
-
-
-
11 901
Employee
75 402
75 402
75 402
-
income
8 210
6 980
7 730
-
social contributions
2 851
6 258
4 181
-
health
584
1 282
856
-
total
11 645
14 520
12 767
-
Employer
75 402
75 402
75 402
-
social contributions
2 851
6 258
4 181
-
health
635
1 396
932
-
total
3 486
7 654
5 113
-
Corporate
17 666
-
-
-
income
2 209
-
-
-
total
2 209
-
-
-
Dividends
15 458
-
-
-
withholding
2 627
-
-
-
total
2 627
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 967
22 174
17 880
11 901
After tax
35 533
33 326
37 620
43 599
Living cost
22 703
22 703
22 703
22 703
Free-cash
12 830
10 623
14 917
20 896

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30391
₽18814
₽25401
₽25438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 549
income
-
-
-
4 678
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
14 493
Employee

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

22 508
-
50 318
-
unemployment
112
-
251
-
income
1 539
-
3 860
-
pensions
3 376
-
7 548
-
health
1 913
-
4 276
-
total
6 940
-
15 935
-
Employer

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

22 508
-
50 318
-
unemployment
112
-
251
-
pensions
1 237
-
2 767
-
health
968
-
2 164
-
total
2 317
-
5 182
-
Corporate
30 676
55 500
-
-
income
2 761
4 994
-
-
total
2 761
4 994
-
-
Dividends
27 914
50 506
-
-
withholding
2 512
4 546
-
-
total
2 512
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 530
9 540
21 117
14 493
After tax
40 970
45 960
34 383
41 007
Living cost
15 569
15 569
15 569
15 569
Free-cash
25 401
30 391
18 814
25 438

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10526
₽4034
₽5291
₽3643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 241
pensions
-
-
-
15 707
unemployment
-
-
-
389
other
-
-
-
56
accident
-
-
-
499
total
-
-
-
24 892
Employee
36 258
-
42 083
-
unemployment
562
-
653
-
income
6 990
-
8 410
-
pensions
1 705
-
1 978
-
other
35
-
43
-
total
9 292
-
11 084
-
Employer
36 258
-
42 083
-
unemployment
1 995
-
2 315
-
pensions
8 556
-
9 931
-
accident
718
-
834
-
other
290
-
337
-
total
11 559
-
13 417
-
Corporate
7 683
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.

1 152
8 325
-
-
total
1 152
8 325
-
-
Dividends
6 531
47 175
-
-
withholding
1 241
9 684
-
-
total
1 241
9 684
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 244
18 009
24 501
24 892
After tax
32 256
37 491
30 999
30 608
Living cost
26 965
26 965
26 965
26 965
Free-cash
5 291
10 526
4 034
3 643

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
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.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32809
₽33053
₽32509
₽33181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
964
income
-
-
-
18 202
pensions
-
-
-
1 330
total
-
-
-
20 496
Employee
2 776
-
54 004
-
unemployment
28
-
66
-
income
537
-
18 132
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
19 128
-
Employer
2 776
-
54 004
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
52 099
55 500
-
-
income
11 462
12 210
-
-
total
11 462
12 210
-
-
Dividends
40 637
43 290
-
-
withholding
8 127
8 658
-
-
total
8 127
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 168
20 868
20 624
20 496
After tax
34 332
34 632
34 876
35 004
Living cost
1 823
1 823
1 823
1 823
Free-cash
32 509
32 809
33 053
33 181

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23178
₽12952
₽18364
₽10562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 716
income
-
-
-
7 038
pensions
-
-
-
14 430
unemployment
-
-
-
833
total
-
-
-
28 017
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.

25 516
-
47 074
-
unemployment
191
-
353
-
income
3 517
-
7 834
-
pensions
3 572
-
6 590
-
health
1 314
-
2 424
-
total
8 594
-
17 201
-
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.

25 516
-
47 074
-
unemployment
191
-
353
-
pensions
3 062
-
5 649
-
health
1 314
-
2 424
-
total
4 567
-
8 426
-
Corporate
25 417
55 500
-
-
income
3 813
8 325
-
-
total
3 813
8 325
-
-
Dividends
21 604
47 175
-
-
withholding
3 241
7 076
-
-
total
3 241
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 215
15 401
25 627
28 017
After tax
35 285
40 099
29 873
27 483
Living cost
16 921
16 921
16 921
16 921
Free-cash
18 364
23 178
12 952
10 562

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
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.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5134
₽4177
₽4780
₽5628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
social contributions

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

-
-
-
19 286
income
-
-
-
4 150
surtax
-
-
-
-
total
-
-
-
23 436
Employee
38 058
-
44 849
-
surtax
-
-
-
-
income
7 436
-
9 303
-
social contributions
4 187
-
4 933
-
total
11 623
-
14 236
-
Employer
38 058
-
44 849
-
social contributions
9 038
-
10 651
-
total
9 038
-
10 651
-
Corporate
8 404
55 500
-
-
surtax
-
-
-
-
income
1 764
11 654
-
-
total
1 764
11 654
-
-
Dividends
6 639
43 846
-
-
withholding
1 859
12 276
-
-
total
1 859
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 284
23 930
24 887
23 436
After tax
31 216
31 570
30 613
32 064
Living cost
26 436
26 436
26 436
26 436
Free-cash
4 780
5 134
4 177
5 628

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽3029
-₽3463
-₽6958
-₽3854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 241
pensions
-
-
-
15 707
unemployment
-
-
-
389
other
-
-
-
56
accident
-
-
-
499
total
-
-
-
24 892
Employee
47 357
-
42 083
-
unemployment
733
-
653
-
income
9 891
-
8 410
-
pensions
2 226
-
1 978
-
other
47
-
43
-
total
12 897
-
11 084
-
Employer
47 357
-
42 083
-
unemployment
2 605
-
2 315
-
pensions
11 176
-
9 931
-
accident
938
-
834
-
other
380
-
337
-
total
15 099
-
13 417
-
Corporate
-
55 500
-
-
income

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

-
8 325
-
-
total
-
8 325
-
-
Dividends
-
47 175
-
-
withholding
-
9 684
-
-
total
-
9 684
-
-
Income
55 500
55 500
55 500
55 500
Total tax
27 996
18 009
24 501
24 892
After tax
27 504
37 491
30 999
30 608
Living cost
34 462
34 462
34 462
34 462
Free-cash
-6 958
3 029
-3 463
-3 854

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30733
₽22319
₽24808
₽21390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
8 325
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
17 390
Employee
22 140
-
48 839
-
income
2 214
-
4 884
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
9 800
-
Employer
22 140
-
48 839
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
29 016
55 500
-
-
income
2 902
5 550
-
-
total
2 902
5 550
-
-
Dividends
26 114
49 950
-
-
withholding
1 306
2 497
-
-
total
1 306
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 972
8 047
16 461
17 390
After tax
41 528
47 453
39 039
38 110
Living cost
16 720
16 720
16 720
16 720
Free-cash
24 808
30 733
22 319
21 390

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9103
₽4702
₽3728
₽3280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
5 916
trade
-
-
-
1 422
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.

-
-
-
326
total
-
-
-
14 363
Employee

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

48 790
-
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.

221
-
326
-
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.

4 012
-
5 916
-
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.

6 699
-
6 699
-
total
10 932
-
12 941
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 710
55 500
-
-
trade
962
7 964
-
-
chamber of commerce
158
231
-
-
surtax

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

56
458
-
-
income
1 007
8 325
-
-
total
2 183
16 978
-
-
Dividends
4 527
38 522
-
-
withholding
759
9 258
-
-
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.

41
510
-
-
total
800
9 768
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 915
26 746
12 941
14 363
After tax
41 585
28 754
42 559
41 137
Living cost
37 857
37 857
37 857
37 857
Free-cash
3 728
-9 103
4 702
3 280

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17007
-₽12426
-₽21204
-₽12426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 029
social contributions
-
-
-
4 039
total
-
-
-
12 068
Employee
76 703
-
55 500
-
social contributions
6 372
-
4 039
-
income
14 474
-
8 029
-
total
20 846
-
12 068
-
Employer
76 703
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 937
-
-
total
-
6 937
-
-
Dividends
-
48 563
-
-
withholding
-
9 712
-
-
total
-
9 712
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 846
16 649
12 068
12 068
After tax
34 654
38 851
43 432
43 432
Living cost
55 858
55 858
55 858
55 858
Free-cash
-21 204
-17 007
-12 426
-12 426

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4701
₽4502
₽980
-₽14071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
55 500
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
50 989
-
social contributions
4 507
-
4 511
-
income
4 881
-
6 381
-
total
9 388
-
10 892
-
Employer
44 983
-
50 989
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
6 010
55 500
-
-
income
2 103
19 425
-
-
total
2 103
19 425
-
-
Dividends
3 907
36 075
-
-
social contributions
2 927
5 181
-
-
total
2 927
5 181
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 925
24 606
15 403
33 976
After tax
36 575
30 894
40 097
21 524
Living cost
35 595
35 595
35 595
35 595
Free-cash
980
-4 701
4 502
-14 071

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5231
-₽233
-₽391
₽5358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 428
pensions
-
-
-
3 360
total
-
-
-
13 788
Employee
49 901
-
49 564
-
income
9 087
-
9 031
-
pensions
3 809
-
3 768
-
health
651
-
644
-
total
13 547
-
13 443
-
Employer
49 901
-
49 564
-
pensions
5 042
-
4 994
-
health
948
-
942
-
total
5 990
-
5 936
-
Corporate
-
55 500
-
-
income

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

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 371
-
-
total
-
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 537
13 915
19 379
13 788
After tax
35 963
41 585
36 121
41 712
Living cost
36 354
36 354
36 354
36 354
Free-cash
-391
5 231
-233
5 358

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19017
₽5795
₽889
₽14853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
10 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
17 134
Employee
36 987
-
46 104
-
income
5 074
-
6 325
-
pensions
4 165
-
5 191
-
health
4 235
-
5 279
-
total
13 474
-
16 795
-
Employer
36 987
-
46 104
-
unemployment
906
-
1 130
-
pensions
6 014
-
7 497
-
accident
618
-
770
-
total
7 538
-
9 397
-
Corporate
10 975
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.

9 878
49 950
-
-
total
9 878
49 950
-
-
Dividends
1 098
5 550
-
-
withholding
208
1 054
-
-
total
208
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 098
51 004
26 192
17 134
After tax
24 402
4 496
29 308
38 366
Living cost
23 513
23 513
23 513
23 513
Free-cash
889
-19 017
5 795
14 853

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33943
₽19626
₽29180
₽19626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
277
income
-
-
-
7 380
health insurance
-
-
-
4 107
pensions
-
-
-
10 212
unemployment
-
-
-
666
total
-
-
-
22 642
Employee

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

21 171
-
55 500
-
unemployment
254
-
666
-
work injury
106
-
277
-
income
2 117
-
7 380
-
health insurance
1 567
-
4 107
-
pensions
3 895
-
10 212
-
total
7 939
-
22 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 329
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
34 329
55 500
-
-
withholding
5 149
8 325
-
-
total
5 149
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 088
8 325
22 642
22 642
After tax
42 412
47 175
32 858
32 858
Living cost
13 232
13 232
13 232
13 232
Free-cash
29 180
33 943
19 626
19 626

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9832
-₽12149
-₽27131
-₽9069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
10 015
regional
-
-
-
846
municipal
-
-
-
370
total
-
-
-
25 505
Employee
82 630
-
55 500
-
regional
1 248
-
725
-
national
13 964
-
8 815
-
municipal
493
-
331
-
social contributions
27 862
-
18 714
-
total
43 567
-
28 585
-
Employer
82 630
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 320
-
-
municipal
-
2 676
-
-
total
-
15 996
-
-
Dividends
-
39 504
-
-
withholding
-
10 272
-
-
total
-
10 272
-
-
Income
55 500
55 500
55 500
55 500
Total tax
43 567
26 268
28 585
25 505
After tax
11 933
29 232
26 915
29 995
Living cost
39 064
39 064
39 064
39 064
Free-cash
-27 131
-9 832
-12 149
-9 069

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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