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
-₽2373
₽8790
₽10761
₽12113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
trade
-
-
-
1 352
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.

-
-
-
5 620
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.

-
-
-
6 894
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.

-
-
-
308
total
-
-
-
14 174
Employee

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

38 597
-
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.

6 894
-
6 894
-
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.

59
-
308
-
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.

1 078
-
5 620
-
total
8 031
-
12 822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 903
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.

140
458
-
-
income
2 535
8 324
-
-
trade
2 662
8 742
-
-
chamber of commerce
178
234
-
-
total
5 515
17 758
-
-
Dividends
11 388
37 742
-
-
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.

136
498
-
-
withholding
2 463
9 052
-
-
total
2 599
9 550
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 145
27 308
12 822
14 174
After tax
39 355
28 192
42 678
41 326
Living cost
30 565
30 565
30 565
30 565
Free-cash
8 790
-2 373
12 113
10 761

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16358
-₽30718
-₽16051
-₽15615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
5 218
pensions
-
-
-
6 660
national
-
-
-
8 086
social contributions
-
-
-
597
total
-
-
-
20 561
Employee
79 044
-
47 979
-
municipal
9 763
-
5 433
-
pensions
3 162
-
1 919
-
national
15 129
-
8 419
-
total
28 054
-
15 771
-
Employer
79 044
-
47 979
-
social contributions
850
-
516
-
pensions
6 324
-
3 838
-
total
7 174
-
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
35 228
20 868
20 125
20 561
After tax
20 272
34 632
35 375
34 939
Living cost
50 990
50 990
50 990
50 990
Free-cash
-30 718
-16 358
-15 615
-16 051

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23407
₽15128
₽23005
₽10806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 500
microenterprise
-
-
-
8 324
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
11 501
Employee
29 487
-
44 726
-
social contributions

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

3 244
-
4 920
-
surtax
-
-
-
-
income
5 249
-
8 006
-
total
8 493
-
12 926
-
Employer
29 487
-
44 726
-
social contributions

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

7 103
-
10 774
-
surtax
-
-
-
-
total
7 103
-
10 774
-
Corporate
18 910
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%.

3 782
11 099
-
-
total
3 782
11 099
-
-
Dividends

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

15 128
44 401
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 378
11 099
23 700
11 501
After tax
36 122
44 401
31 800
43 999
Living cost
20 994
20 994
20 994
20 994
Free-cash
15 128
23 407
10 806
23 005

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽39042
-₽44706
-₽10516
-₽44706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
5 233
pensions
-
-
-
9 990
health
-
-
-
8 520
total
-
-
-
23 743
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
57 933
52 269
57 933
23 743
After tax
-2 433
3 231
-2 433
31 757
Living cost
42 273
42 273
42 273
42 273
Free-cash
-44 706
-39 042
-44 706
-10 516

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8686
-₽17513
-₽11323
-₽9351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
11 756
accident
-
-
-
111
pensions
-
-
-
5 999
other
-
-
-
6 449
unemployment
-
-
-
56
health
-
-
-
3 463
national
-
-
-
-
total
-
-
-
27 834
Employee
55 556
-
42 231
-
municipal
16 567
-
12 593
-
national
-
-
-
-
total
16 567
-
12 593
-
Employer
55 556
-
42 231
-
accident
111
-
85
-
other
6 456
-
4 907
-
unemployment
1 467
-
1 115
-
pensions
6 006
-
4 565
-
health
3 417
-
2 597
-
total
17 457
-
13 269
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
withholding
-
12 987
-
-
total
-
12 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
34 024
25 197
25 862
27 834
After tax
21 476
30 303
29 638
27 666
Living cost
38 989
38 989
38 989
38 989
Free-cash
-17 513
-8 686
-9 351
-11 323

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11733
₽2445
₽1625
₽3036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
trade
-
-
-
1 411
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.

-
-
-
5 620
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.

-
-
-
6 894
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.

-
-
-
308
total
-
-
-
14 233
Employee

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

51 174
-
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.

6 894
-
6 894
-
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.

241
-
308
-
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.

4 397
-
5 620
-
total
11 532
-
12 822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 326
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.

36
458
-
-
income
649
8 324
-
-
trade
712
9 131
-
-
chamber of commerce
159
232
-
-
total
1 556
18 145
-
-
Dividends
2 769
37 355
-
-
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.

17
492
-
-
withholding
308
8 954
-
-
total
325
9 446
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 413
27 591
12 822
14 233
After tax
42 087
27 909
42 678
41 267
Living cost
39 642
39 642
39 642
39 642
Free-cash
2 445
-11 733
3 036
1 625

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49
₽3968
₽11080
₽4617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 616
health
-
-
-
1 415
social contributions
-
-
-
8 658
total
-
-
-
11 689
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 182
-
health
772
1 319
856
-
income
8 148
7 183
7 999
-
total
12 691
14 942
13 037
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 182
-
health
841
1 436
933
-
total
4 612
7 876
5 115
-
Corporate
5 467
-
-
-
income
684
-
-
-
total
684
-
-
-
Dividends
4 784
-
-
-
withholding
814
-
-
-
total
814
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 801
22 818
18 152
11 689
After tax
36 699
32 682
37 348
43 811
Living cost
32 731
32 731
32 731
32 731
Free-cash
3 968
-49
4 617
11 080

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13098
₽13478
₽20113
₽13839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
46 444
-
health
1 853
737
3 251
-
income
3 236
1 288
5 678
-
pensions
2 647
1 053
4 644
-
unemployment
397
158
697
-
total
8 133
3 236
14 270
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
46 444
-
pensions
5 161
2 054
9 056
-
total
5 161
2 054
9 056
-
Corporate
23 872
42 913
-
-
income
2 149
3 862
-
-
total
2 149
3 862
-
-
Dividends
21 724
39 051
-
-
social contributions
4 116
7 495
-
-
withholding
4 128
7 420
-
-
total
8 244
14 915
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 687
24 067
23 326
17 052
After tax
31 813
31 433
32 174
38 448
Living cost
18 335
18 335
18 335
18 335
Free-cash
13 478
13 098
13 839
20 113

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20027
₽13756
₽6605
₽8534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
6 206
pensions
-
-
-
11 099
health
-
-
-
7 216
total
-
-
-
24 521
Employee
28 627
-
41 480
-
income
3 223
-
7 078
-
pensions
573
-
829
-
unemployment
458
-
665
-
total
4 254
-
8 572
-
Employer
28 627
-
41 480
-
unemployment
230
-
331
-
pensions
5 726
-
8 296
-
health
3 721
-
5 393
-
total
9 677
-
14 020
-
Corporate
17 197
55 500
-
-
income
3 439
11 099
-
-
total
3 439
11 099
-
-
Dividends
13 757
44 401
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
17 370
11 099
22 592
24 521
After tax
38 130
44 401
32 908
30 979
Living cost
24 374
24 374
24 374
24 374
Free-cash
13 756
20 027
8 534
6 605

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17575
₽1110
₽16306
₽7237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 123
Employee
34 719
-
46 104
-
health
3 975
-
5 279
-
income
4 763
-
6 325
-
pensions
3 909
-
5 191
-
total
12 647
-
16 795
-
Employer
34 719
-
46 104
-
accident
580
-
770
-
unemployment
851
-
1 130
-
pensions
5 646
-
7 497
-
total
7 077
-
9 397
-
Corporate
13 706
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.

12 335
49 950
-
-
total
12 335
49 950
-
-
Dividends
1 370
5 550
-
-
withholding
260
1 054
-
-
total
260
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 319
51 004
26 192
17 123
After tax
23 181
4 496
29 308
38 377
Living cost
22 071
22 071
22 071
22 071
Free-cash
1 110
-17 575
7 237
16 306

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43646
₽41945
₽45866
₽35321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
55 500
-
income
2 269
-
11 100
-
total
2 269
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

44 151
55 500
-
-
total
-
-
-
-
Dividends
44 151
55 500
-
-
withholding
2 207
2 775
-
-
total
2 207
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 476
2 775
11 100
555
After tax
51 024
52 725
44 400
54 945
Living cost
9 079
9 079
9 079
9 079
Free-cash
41 945
43 646
35 321
45 866

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13886
₽7072
₽3162
₽5647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
7 049
pensions

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

-
-
-
13 321
other
-
-
-
2 637
health
-
-
-
2 442
total
-
-
-
25 449
Employee
36 640
-
44 330
-
health
513
-
620
-
income
6 308
-
7 631
-
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.

2 564
-
3 102
-
unemployment
366
-
442
-
total
9 751
-
11 795
-
Employer
36 640
-
44 330
-
accident
293
-
354
-
other
1 833
-
2 218
-
unemployment
366
-
442
-
pensions

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

6 229
-
7 535
-
health
513
-
620
-
total
9 234
-
11 169
-
Corporate
9 626
55 500
-
-
income
2 022
11 655
-
-
total
2 022
11 655
-
-
Dividends
7 604
43 845
-
-
withholding
532
3 070
-
-
total
532
3 070
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 539
14 725
22 964
25 449
After tax
33 961
40 775
32 536
30 051
Living cost
26 889
26 889
26 889
26 889
Free-cash
7 072
13 886
5 647
3 162

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26140
-₽53450
-₽25966
-₽31492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 439
pensions
-
-
-
3 305
total
-
-
-
13 744
Employee
95 816
-
49 619
-
health
1 579
-
631
-
income
17 272
-
9 059
-
pensions
9 244
-
3 700
-
total
28 095
-
13 390
-
Employer
95 816
-
49 619
-
pensions
11 313
-
4 937
-
health
1 820
-
943
-
total
13 133
-
5 880
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
41 228
13 918
19 270
13 744
After tax
14 272
41 582
36 230
41 756
Living cost
67 722
67 722
67 722
67 722
Free-cash
-53 450
-26 140
-31 492
-25 966

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34214
₽29523
₽24519
₽25375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
17 742
Employee
17 531
-
48 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
4 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
9 965
-
Employer
17 531
-
48 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
34 529
55 500
-
-
income
3 453
5 550
-
-
total
3 453
5 550
-
-
Dividends
31 077
49 950
-
-
withholding
1 554
2 497
-
-
total
1 554
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 738
8 047
16 886
17 742
After tax
42 762
47 453
38 614
37 758
Living cost
13 239
13 239
13 239
13 239
Free-cash
29 523
34 214
25 375
24 519

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52726
-₽54437
-₽24200
-₽58390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
5 233
pensions
-
-
-
9 990
health
-
-
-
8 520
total
-
-
-
23 743
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
53 980
52 269
57 933
23 743
After tax
1 520
3 231
-2 433
31 757
Living cost
55 957
55 957
55 957
55 957
Free-cash
-54 437
-52 726
-58 390
-24 200

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14045
₽5422
₽2864
₽3998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
health
-
-
-
7 493
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 206
total
-
-
-
28 469
Employee
35 540
-
41 418
-
social contributions
2 310
-
2 692
-
health
4 798
-
5 591
-
solidarity contribution
-
-
-
-
income
4 265
-
4 970
-
total
11 373
-
13 253
-
Employer
35 540
-
41 418
-
social contributions
8 885
-
10 354
-
health
3 199
-
3 728
-
total
12 084
-
14 082
-
Corporate
7 877
55 500
-
-
income
1 497
10 545
-
-
total
1 497
10 545
-
-
Dividends
6 380
44 955
-
-
withholding
957
6 743
-
-
total
957
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 911
17 288
27 335
28 469
After tax
29 589
38 212
28 165
27 031
Living cost
24 167
24 167
24 167
24 167
Free-cash
5 422
14 045
3 998
2 864

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12970
-₽34183
-₽12218
-₽15355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
329
regional
-
-
-
551
national
-
-
-
9 983
social contributions
-
-
-
14 274
total
-
-
-
25 137
Employee
89 684
-
55 500
-
social contributions
30 241
-
18 715
-
regional
846
-
482
-
municipal
475
-
295
-
national
15 540
-
8 782
-
total
47 102
-
28 274
-
Employer
89 684
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 321
-
-
municipal
-
2 164
-
-
total
-
15 485
-
-
Dividends
-
40 015
-
-
withholding
-
10 404
-
-
total
-
10 404
-
-
Income
55 500
55 500
55 500
55 500
Total tax
47 102
25 889
28 274
25 137
After tax
8 398
29 611
27 226
30 363
Living cost
42 581
42 581
42 581
42 581
Free-cash
-34 183
-12 970
-15 355
-12 218

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
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.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12642
₽9498
₽9310
₽8126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 221
pensions
-
-
-
11 099
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 939
surtax
-
-
-
433
total
-
-
-
23 922
Employee
33 371
-
45 847
-
other
-
-
-
-
health
852
-
1 170
-
surtax
109
-
343
-
income
5 594
-
7 696
-
pensions
2 225
-
3 058
-
unemployment
2 323
-
3 190
-
total
11 103
-
15 457
-
Employer
33 371
-
45 847
-
other
-
-
-
-
unemployment
1 057
-
1 453
-
pensions
4 449
-
6 111
-
health
1 519
-
2 085
-
total
7 025
-
9 649
-
Corporate
15 105
55 500
-
-
income
3 928
14 429
-
-
total
3 928
14 429
-
-
Dividends
11 177
41 071
-
-
withholding
1 678
6 161
-
-
total
1 678
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 734
20 590
25 106
23 922
After tax
31 766
34 910
30 394
31 578
Living cost
22 268
22 268
22 268
22 268
Free-cash
9 498
12 642
8 126
9 310

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4684
-₽16884
-₽4510
-₽10036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 439
pensions
-
-
-
3 305
total
-
-
-
13 744
Employee
64 213
-
49 619
-
health
932
-
631
-
income
11 565
-
9 059
-
pensions
5 450
-
3 700
-
total
17 947
-
13 390
-
Employer
64 213
-
49 619
-
pensions
6 951
-
4 937
-
health
1 220
-
943
-
total
8 171
-
5 880
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
26 118
13 918
19 270
13 744
After tax
29 382
41 582
36 230
41 756
Living cost
46 266
46 266
46 266
46 266
Free-cash
-16 884
-4 684
-10 036
-4 510

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50887
-₽42253
-₽29163
-₽31984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
city
-
-
-
584
pensions
-
-
-
5 107
other

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

-
-
-
1 111
regional
-
-
-
1 187
health
-
-
-
249
national
-
-
-
159
total
-
-
-
8 397
Employee
89 251
-
49 675
-
city
958
-
533
-
regional
2 923
-
993
-
health
202
-
112
-
pensions
7 498
-
4 174
-
unemployment
-
-
-
-
national
422
-
127
-
total
12 003
-
5 939
-
Employer
89 251
-
49 675
-
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.

1 784
-
993
-
unemployment
-
-
-
-
pensions
7 498
-
4 174
-
health
202
-
112
-
total
9 484
-
5 279
-
Corporate
-
55 500
-
-
regional
-
11 739
-
-
national
-
4 717
-
-
total
-
16 456
-
-
Dividends
-
39 044
-
-
withholding
-
13 665
-
-
total
-
13 665
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 487
30 121
11 218
8 397
After tax
34 013
25 379
44 282
47 103
Living cost
76 266
76 266
76 266
76 266
Free-cash
-42 253
-50 887
-31 984
-29 163

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18604
-₽5146
-₽5023
-₽3550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
trade
-
-
-
1 473
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.

-
-
-
5 620
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.

-
-
-
6 894
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.

-
-
-
308
total
-
-
-
14 295
Employee

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

60 646
-
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.

6 894
-
6 894
-
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.

393
-
308
-
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.

7 131
-
5 620
-
total
14 418
-
12 822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
458
-
-
income
-
8 324
-
-
trade
-
9 517
-
-
chamber of commerce
-
232
-
-
total
-
18 531
-
-
Dividends
-
36 969
-
-
surtax

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

-
486
-
-
withholding
-
8 859
-
-
total
-
9 345
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 418
27 876
12 822
14 295
After tax
41 082
27 624
42 678
41 205
Living cost
46 228
46 228
46 228
46 228
Free-cash
-5 146
-18 604
-3 550
-5 023

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6553
-₽1175
-₽1209
-₽660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 361
pensions
-
-
-
16 042
other
-
-
-
1 720
health
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
1 580
total
-
-
-
22 184
Employee
43 189
-
42 294
-
social contributions
1 231
-
1 205
-
surtax
-
-
-
-
income
2 549
-
2 440
-
pensions
4 883
-
4 784
-
total
8 663
-
8 429
-
Employer
43 189
-
42 294
-
other
1 490
-
1 459
-
social contributions
130
-
126
-
unemployment
1 748
-
1 712
-
pensions
7 095
-
6 948
-
health
3 024
-
2 961
-
total
13 487
-
13 206
-
Corporate
-
55 500
-
-
surtax
-
-
-
-
income
-
15 540
-
-
total
-
15 540
-
-
Dividends
-
39 960
-
-
surtax
-
-
-
-
social contributions
-
6 873
-
-
withholding
-
5 115
-
-
total
-
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 150
27 528
21 635
22 184
After tax
33 350
27 972
33 865
33 316
Living cost
34 525
34 525
34 525
34 525
Free-cash
-1 175
-6 553
-660
-1 209

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3133
₽2474
₽2211
₽2760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 361
pensions
-
-
-
16 042
other
-
-
-
1 720
health
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
1 580
total
-
-
-
22 184
Employee
38 552
-
42 294
-
social contributions
1 099
-
1 205
-
surtax
-
-
-
-
income
1 988
-
2 440
-
pensions
4 360
-
4 784
-
total
7 447
-
8 429
-
Employer
38 552
-
42 294
-
other
1 331
-
1 459
-
social contributions
115
-
126
-
unemployment
1 561
-
1 712
-
pensions
6 335
-
6 948
-
health
2 698
-
2 961
-
total
12 040
-
13 206
-
Corporate
4 909
55 500
-
-
surtax
-
-
-
-
income
1 375
15 540
-
-
total
1 375
15 540
-
-
Dividends
3 534
39 960
-
-
surtax
-
-
-
-
social contributions
607
6 873
-
-
withholding
452
5 115
-
-
total
1 059
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 921
27 528
21 635
22 184
After tax
33 579
27 972
33 865
33 316
Living cost
31 105
31 105
31 105
31 105
Free-cash
2 474
-3 133
2 760
2 211

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
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.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12460
₽12986
₽14244
₽11965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 324
health
-
-
-
3 874
social contributions
-
-
-
7 660
total
-
-
-
19 858
Employee
34 215
-
55 500
-
social contributions
4 722
-
7 660
-
health
2 388
-
3 874
-
income
5 707
-
10 603
-
total
12 817
-
22 137
-
Employer
34 215
-
55 500
-
total
-
-
-
-
Corporate
21 285
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%.

1 065
2 775
-
-
total
1 065
2 775
-
-
Dividends
20 220
52 725
-
-
health
1 411
3 681
-
-
social contributions
2 790
7 277
-
-
withholding
3 033
7 909
-
-
total
7 234
18 867
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 116
21 642
22 137
19 858
After tax
34 384
33 858
33 363
35 642
Living cost
21 398
21 398
21 398
21 398
Free-cash
12 986
12 460
11 965
14 244

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3737
-₽10599
-₽4647
-₽13763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
chamber of commerce
-
-
-
222
income
-
-
-
3 466
pensions
-
-
-
10 268
unemployment
-
-
-
6 189
health
-
-
-
4 246
surtax
-
-
-
199
total
-
-
-
24 590
Employee
50 431
40 215
42 938
-
other
504
402
429
-
health
1 951
1 557
1 662
-
income
5 741
2 966
3 593
-
pensions
5 165
4 117
4 397
-
unemployment
1 513
1 206
1 289
-
total
14 874
10 248
11 370
-
Employer
50 431
40 215
42 938
-
accident
655
523
557
-
other
2 396
1 909
2 039
-
chamber of commerce
201
161
172
-
unemployment
1 513
1 206
1 289
-
surtax
199
199
199
-
pensions
6 329
5 048
5 389
-
payroll
1 513
1 206
1 289
-
health
1 905
1 520
1 624
-
total
14 711
11 772
12 558
-
Corporate
3 830
3 830
39 112
-
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.

957
957
9 778
-
total
957
957
9 778
-
Dividends
-
2 554
-
-
withholding
-
703
-
-
total
-
703
-
-
Income
55 500
55 500
55 500
55 500
Total tax
30 542
23 680
33 706
24 590
After tax
24 958
31 820
21 794
30 910
Living cost
35 557
35 557
35 557
35 557
Free-cash
-10 599
-3 737
-13 763
-4 647

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5501
-₽37695
-₽6594
-₽12809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
national
-
-
-
16 137
communal

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

-
-
-
2 957
social contributions
-
-
-
6 206
total
-
-
-
25 300
Employee

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

72 183
-
42 986
-
communal

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

3 765
-
2 242
-
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.

3 391
-
2 020
-
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.

5 414
-
3 225
-
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.

628
-
373
-
national
22 192
-
11 140
-
total
35 390
-
19 000
-
Employer

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

72 183
-
42 986
-
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.

938
-
557
-
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.

1 053
-
628
-
surtax
8 185
-
4 876
-
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.

6 396
-
3 809
-
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.

4 439
-
2 645
-
total
21 011
-
12 515
-
Corporate
-
55 500
-
-
surtax
-
222
-
-
income
-
11 099
-
-
total
-
11 321
-
-
Dividends
-
44 179
-
-
withholding

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

-
12 886
-
-
total
-
12 886
-
-
Income
55 500
55 500
55 500
55 500
Total tax
56 401
24 207
31 515
25 300
After tax
-901
31 293
23 985
30 200
Living cost
36 794
36 794
36 794
36 794
Free-cash
-37 695
-5 501
-12 809
-6 594

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1057
-₽10742
-₽5737
-₽5342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 142
pensions
-
-
-
15 707
other
-
-
-
56
unemployment
-
-
-
389
total
-
-
-
24 794
Employee
50 231
-
42 084
-
other
50
-
42
-
income
10 598
-
8 310
-
pensions
2 361
-
1 978
-
unemployment
779
-
653
-
total
13 788
-
10 983
-
Employer
50 231
-
42 084
-
accident
994
-
833
-
other
400
-
337
-
unemployment
2 763
-
2 315
-
pensions
11 854
-
9 931
-
total
16 011
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 676
-
-
total
-
9 676
-
-
Income
55 500
55 500
55 500
55 500
Total tax
29 799
18 000
24 399
24 794
After tax
25 701
37 500
31 101
30 706
Living cost
36 443
36 443
36 443
36 443
Free-cash
-10 742
1 057
-5 342
-5 737

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19917
-₽30049
-₽17958
-₽16817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
2 137
pensions
-
-
-
8 880
health
-
-
-
4 163
surtax
-
-
-
2 938
communal
-
-
-
-
total
-
-
-
18 618
Employee
76 419
-
49 575
-
health
3 401
-
2 206
-
surtax
4 684
-
3 039
-
income
7 381
-
2 342
-
pensions
6 113
-
3 966
-
total
21 579
-
11 553
-
Employer
76 419
-
49 575
-
accident
687
-
446
-
pensions
6 113
-
3 966
-
health
2 331
-
1 513
-
total
9 131
-
5 925
-
Corporate
-
55 500
-
-
surtax
-
582
-
-
communal
-
3 746
-
-
income
-
8 324
-
-
total
-
12 652
-
-
Dividends
-
42 848
-
-
income
-
1 499
-
-
withholding
-
6 427
-
-
total
-
7 926
-
-
Income
55 500
55 500
55 500
55 500
Total tax
30 710
20 578
17 478
18 618
After tax
24 790
34 922
38 022
36 882
Living cost
54 839
54 839
54 839
54 839
Free-cash
-30 049
-19 917
-16 817
-17 958

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12244
₽9036
₽8912
₽7728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 221
pensions
-
-
-
11 099
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
3 939
surtax
-
-
-
433
total
-
-
-
23 922
Employee
33 983
-
45 847
-
other
-
-
-
-
health
867
-
1 170
-
surtax
121
-
343
-
income
5 697
-
7 696
-
pensions
2 267
-
3 058
-
unemployment
2 365
-
3 190
-
total
11 317
-
15 457
-
Employer
33 983
-
45 847
-
other
-
-
-
-
unemployment
1 078
-
1 453
-
pensions
4 531
-
6 111
-
health
1 545
-
2 085
-
total
7 154
-
9 649
-
Corporate
14 362
55 500
-
-
income
3 734
14 429
-
-
total
3 734
14 429
-
-
Dividends
10 628
41 071
-
-
withholding
1 593
6 161
-
-
total
1 593
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 798
20 590
25 106
23 922
After tax
31 702
34 910
30 394
31 578
Living cost
22 666
22 666
22 666
22 666
Free-cash
9 036
12 244
7 728
8 912

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1989
-₽478
₽2893
-₽221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
329
regional
-
-
-
838
national
-
-
-
9 983
social contributions
-
-
-
14 274
total
-
-
-
25 424
Employee
55 977
-
55 500
-
social contributions
18 876
-
18 715
-
regional
754
-
746
-
municipal
297
-
295
-
national
8 868
-
8 782
-
total
28 795
-
28 538
-
Employer
55 977
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 321
-
-
municipal
-
2 758
-
-
total
-
16 079
-
-
Dividends
-
39 422
-
-
withholding
-
10 249
-
-
total
-
10 249
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 795
26 328
28 538
25 424
After tax
26 705
29 172
26 962
30 076
Living cost
27 183
27 183
27 183
27 183
Free-cash
-478
1 989
-221
2 893

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8432
-₽3184
-₽2749
-₽1615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
health
-
-
-
7 493
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 206
total
-
-
-
28 469
Employee
43 794
-
41 418
-
social contributions
2 847
-
2 692
-
health
5 912
-
5 591
-
solidarity contribution
-
-
-
-
income
5 255
-
4 970
-
total
14 014
-
13 253
-
Employer
43 794
-
41 418
-
social contributions
10 949
-
10 354
-
health
3 941
-
3 728
-
total
14 890
-
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
28 904
17 288
27 335
28 469
After tax
26 596
38 212
28 165
27 031
Living cost
29 780
29 780
29 780
29 780
Free-cash
-3 184
8 432
-1 615
-2 749

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽228
-₽2261
-₽1085
-₽10358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
chamber of commerce
-
-
-
222
income
-
-
-
3 466
pensions
-
-
-
10 268
unemployment
-
-
-
6 189
health
-
-
-
4 246
surtax
-
-
-
-
total
-
-
-
24 391
Employee
44 111
40 215
43 097
-
other
440
402
431
-
health
1 706
1 557
1 668
-
income
3 930
2 966
3 638
-
pensions
4 517
4 117
4 414
-
unemployment
1 323
1 206
1 293
-
total
11 916
10 248
11 444
-
Employer
44 111
40 215
43 097
-
accident
573
523
561
-
other
2 095
1 909
2 047
-
chamber of commerce
176
161
172
-
unemployment
1 323
1 206
1 293
-
surtax
-
-
-
-
pensions
5 536
5 048
5 408
-
payroll
1 323
1 206
1 293
-
health
1 668
1 520
1 630
-
total
12 694
11 573
12 404
-
Corporate
3 830
3 830
39 267
-
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.

957
957
9 816
-
total
957
957
9 816
-
Dividends
-
2 754
-
-
withholding
-
756
-
-
total
-
756
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 567
23 534
33 664
24 391
After tax
29 933
31 966
21 836
31 109
Living cost
32 194
32 194
32 194
32 194
Free-cash
-2 261
-228
-10 358
-1 085

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38576
₽35924
₽40796
₽30251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
55 500
-
income
3 537
-
11 100
-
total
3 537
-
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%.

37 814
55 500
-
-
total
-
-
-
-
Dividends
37 814
55 500
-
-
withholding
1 890
2 775
-
-
total
1 890
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
5 427
2 775
11 100
555
After tax
50 073
52 725
44 400
54 945
Living cost
14 149
14 149
14 149
14 149
Free-cash
35 924
38 576
30 251
40 796

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11144
₽2704
₽3640
₽1933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
55 500
income
-
-
-
9 115
pensions
-
-
-
10 136
unemployment
-
-
-
82
health
-
-
-
5 460
total
-
-
-
24 793
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.

44 623
-
48 024
-
health
2 882
-
3 102
-
income
7 695
-
8 411
-
pensions
6 917
-
7 444
-
unemployment
63
-
67
-
total
17 557
-
19 024
-
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.

44 623
-
48 024
-
unemployment
27
-
29
-
pensions
3 949
-
4 249
-
health
2 972
-
3 198
-
total
6 948
-
7 476
-
Corporate
3 929
55 500
-
-
income
747
10 546
-
-
total
747
10 546
-
-
Dividends
3 182
44 954
-
-
withholding
477
6 743
-
-
total
477
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 729
17 289
26 500
24 793
After tax
29 771
38 211
29 000
30 707
Living cost
27 067
27 067
27 067
27 067
Free-cash
2 704
11 144
1 933
3 640

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9799
-₽95043
-₽5210
-₽1348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
10 818
social contributions
-
-
-
6 327
total
-
-
-
17 145
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
income
-
9 524
-
-
total
-
9 524
-
-
Income
55 500
55 500
55 500
55 500
Total tax
106 978
21 734
13 283
17 145
After tax
-51 478
33 766
42 217
38 355
Living cost
43 565
43 565
43 565
43 565
Free-cash
-95 043
-9 799
-1 348
-5 210

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85
-₽1935
₽476
-₽904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
4 085
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 371
Employee
46 411
-
44 849
-
social contributions
5 105
-
4 933
-
surtax
-
-
-
-
income
9 654
-
9 167
-
total
14 759
-
14 100
-
Employer
46 411
-
44 849
-
social contributions
11 023
-
10 651
-
total
11 023
-
10 651
-
Corporate
-
55 500
-
-
surtax
-
-
-
-
income
-
11 655
-
-
total
-
11 655
-
-
Dividends
-
43 845
-
-
withholding
-
12 277
-
-
total
-
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 782
23 932
24 751
23 371
After tax
29 718
31 568
30 749
32 129
Living cost
31 653
31 653
31 653
31 653
Free-cash
-1 935
-85
-904
476

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20767
-₽27443
-₽15423
-₽14874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
2 361
pensions
-
-
-
16 042
other
-
-
-
1 720
health
-
-
-
481
surtax
-
-
-
-
social contributions
-
-
-
1 580
total
-
-
-
22 184
Employee
63 203
-
42 294
-
social contributions
1 800
-
1 205
-
surtax
-
-
-
-
income
5 515
-
2 440
-
pensions
7 149
-
4 784
-
total
14 464
-
8 429
-
Employer
63 203
-
42 294
-
other
2 181
-
1 459
-
social contributions
190
-
126
-
unemployment
2 560
-
1 712
-
pensions
10 385
-
6 948
-
health
4 424
-
2 961
-
total
19 740
-
13 206
-
Corporate
-
55 500
-
-
surtax
-
-
-
-
income
-
15 540
-
-
total
-
15 540
-
-
Dividends
-
39 960
-
-
surtax
-
-
-
-
social contributions
-
6 873
-
-
withholding
-
5 115
-
-
total
-
11 988
-
-
Income
55 500
55 500
55 500
55 500
Total tax
34 204
27 528
21 635
22 184
After tax
21 296
27 972
33 865
33 316
Living cost
48 739
48 739
48 739
48 739
Free-cash
-27 443
-20 767
-14 874
-15 423

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19616
₽16227
₽12956
₽14596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
-
social contributions
-
-
-
12 210
total
-
-
-
12 210
Employee
32 442
-
48 051
-
income
-
-
-
-
social contributions
2 108
-
3 123
-
total
2 108
-
3 123
-
Employer
32 442
-
48 051
-
social contributions
5 029
-
7 447
-
total
5 029
-
7 447
-
Corporate
18 029
55 500
-
-
income
1 802
5 550
-
-
total
1 802
5 550
-
-
Dividends
16 227
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 939
5 550
10 570
12 210
After tax
46 561
49 950
44 930
43 290
Living cost
30 334
30 334
30 334
30 334
Free-cash
16 227
19 616
14 596
12 956

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽164458
-₽164458
-₽12434
-₽164458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
8 876
pensions
-
-
-
875
national
-
-
-
5 193
labour market
-
-
-
4 370
total
-
-
-
19 314
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
171 338
171 338
171 338
19 314
After tax
-115 838
-115 838
-115 838
36 186
Living cost
48 620
48 620
48 620
48 620
Free-cash
-164 458
-164 458
-164 458
-12 434

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17249
₽1160
₽16632
₽7563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 123
Employee
34 207
-
46 104
-
health
3 917
-
5 279
-
income
4 693
-
6 325
-
pensions
3 852
-
5 191
-
total
12 462
-
16 795
-
Employer
34 207
-
46 104
-
accident
571
-
770
-
unemployment
838
-
1 130
-
pensions
5 562
-
7 497
-
total
6 971
-
9 397
-
Corporate
14 322
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.

12 890
49 950
-
-
total
12 890
49 950
-
-
Dividends
1 432
5 550
-
-
withholding
272
1 054
-
-
total
272
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 595
51 004
26 192
17 123
After tax
22 905
4 496
29 308
38 377
Living cost
21 745
21 745
21 745
21 745
Free-cash
1 160
-17 249
7 563
16 632

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽336
-₽7610
₽4623
-₽4392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
municipal
-
-
-
9 912
health
-
-
-
433
national
-
-
-
1 789
total
-
-
-
12 134
Employee
53 092
-
46 691
-
health
396
-
299
-
municipal
8 696
-
7 658
-
pensions
3 583
-
3 152
-
unemployment
797
-
701
-
national
877
-
530
-
total
14 349
-
12 340
-
Employer
53 092
-
46 691
-
accident
54
-
46
-
unemployment
345
-
303
-
pensions
9 211
-
8 100
-
health
408
-
360
-
total
10 018
-
8 809
-
Corporate
-
55 500
-
-
income
-
11 099
-
-
total
-
11 099
-
-
Dividends

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

-
33 301
-
-
national
-
-
-
-
municipal
-
5 994
-
-
total
-
5 994
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 367
17 093
21 149
12 134
After tax
31 133
38 407
34 351
43 366
Living cost
38 743
38 743
38 743
38 743
Free-cash
-7 610
-336
-4 392
4 623

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9318
₽12030
₽20447
₽13984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
1 616
health
-
-
-
1 415
social contributions
-
-
-
8 658
total
-
-
-
11 689
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 182
-
health
601
1 319
856
-
income
8 449
7 183
7 999
-
total
11 984
14 942
13 037
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 182
-
health
653
1 436
933
-
total
3 587
7 876
5 115
-
Corporate
16 565
-
-
-
income
2 070
-
-
-
total
2 070
-
-
-
Dividends
14 495
-
-
-
withholding
2 465
-
-
-
total
2 465
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 106
22 818
18 152
11 689
After tax
35 394
32 682
37 348
43 811
Living cost
23 364
23 364
23 364
23 364
Free-cash
12 030
9 318
13 984
20 447

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29938
₽24803
₽24740
₽18373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
55 500
income
-
-
-
4 638
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
14 738
Employee

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

23 163
-
50 318
-
health
1 969
-
4 276
-
income
1 584
-
3 849
-
pensions
3 474
-
7 547
-
unemployment
115
-
251
-
total
7 142
-
15 923
-
Employer

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

23 163
-
50 318
-
unemployment
115
-
251
-
pensions
1 273
-
2 767
-
health
996
-
2 164
-
total
2 384
-
5 182
-
Corporate
29 953
55 500
-
-
income
2 696
4 994
-
-
total
2 696
4 994
-
-
Dividends
27 257
50 506
-
-
withholding
2 453
4 546
-
-
total
2 453
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 675
9 540
21 105
14 738
After tax
40 825
45 960
34 395
40 762
Living cost
16 022
16 022
16 022
16 022
Free-cash
24 803
29 938
18 373
24 740

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9750
₽4331
₽2956
₽3351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 142
pensions
-
-
-
15 707
other
-
-
-
56
unemployment
-
-
-
389
total
-
-
-
24 794
Employee
37 313
-
42 084
-
other
36
-
42
-
income
7 194
-
8 310
-
pensions
1 754
-
1 978
-
unemployment
578
-
653
-
total
9 562
-
10 983
-
Employer
37 313
-
42 084
-
accident
739
-
833
-
other
299
-
337
-
unemployment
2 053
-
2 315
-
pensions
8 805
-
9 931
-
total
11 896
-
13 416
-
Corporate
6 291
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.

944
8 324
-
-
total
944
8 324
-
-
Dividends
5 347
47 176
-
-
withholding
1 017
9 676
-
-
total
1 017
9 676
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 419
18 000
24 399
24 794
After tax
32 081
37 500
31 101
30 706
Living cost
27 750
27 750
27 750
27 750
Free-cash
4 331
9 750
3 351
2 956

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31876
₽31422
₽31700
₽31503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 576
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
21 044
Employee
4 198
-
53 238
-
health
210
-
503
-
income
812
-
17 470
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
18 979
-
Employer
4 198
-
53 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
50 358
55 500
-
-
income
11 079
12 210
-
-
total
11 079
12 210
-
-
Dividends
39 279
43 290
-
-
withholding
7 856
8 658
-
-
total
7 856
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 322
20 868
21 241
21 044
After tax
34 178
34 632
34 259
34 456
Living cost
2 756
2 756
2 756
2 756
Free-cash
31 422
31 876
31 503
31 700

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22646
₽17681
₽10080
₽12470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 500
income
-
-
-
6 988
pensions
-
-
-
14 430
unemployment
-
-
-
832
health
-
-
-
5 717
total
-
-
-
27 967
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.

26 319
-
47 074
-
health
1 355
-
2 424
-
income
3 628
-
7 784
-
pensions
3 685
-
6 590
-
unemployment
197
-
353
-
total
8 865
-
17 151
-
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.

26 319
-
47 074
-
unemployment
197
-
353
-
pensions
3 158
-
5 649
-
health
1 355
-
2 424
-
total
4 710
-
8 426
-
Corporate
24 470
55 500
-
-
income
3 671
8 325
-
-
total
3 671
8 325
-
-
Dividends
20 800
47 175
-
-
withholding
3 120
7 076
-
-
total
3 120
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 366
15 401
25 577
27 967
After tax
35 134
40 099
29 923
27 533
Living cost
17 453
17 453
17 453
17 453
Free-cash
17 681
22 646
12 470
10 080

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4363
₽4001
₽4924
₽3544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
4 085
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 371
Employee
39 166
-
44 849
-
social contributions
4 309
-
4 933
-
surtax
-
-
-
-
income
7 653
-
9 167
-
total
11 962
-
14 100
-
Employer
39 166
-
44 849
-
social contributions
9 301
-
10 651
-
total
9 301
-
10 651
-
Corporate
7 033
55 500
-
-
surtax
-
-
-
-
income
1 476
11 655
-
-
total
1 476
11 655
-
-
Dividends
5 556
43 845
-
-
withholding
1 555
12 277
-
-
total
1 555
12 277
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 294
23 932
24 751
23 371
After tax
31 206
31 568
30 749
32 129
Living cost
27 205
27 205
27 205
27 205
Free-cash
4 001
4 363
3 544
4 924

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2035
-₽8775
-₽4759
-₽4364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
500
income
-
-
-
8 142
pensions
-
-
-
15 707
other
-
-
-
56
unemployment
-
-
-
389
total
-
-
-
24 794
Employee
48 736
-
42 084
-
other
48
-
42
-
income
10 179
-
8 310
-
pensions
2 290
-
1 978
-
unemployment
755
-
653
-
total
13 272
-
10 983
-
Employer
48 736
-
42 084
-
accident
965
-
833
-
other
391
-
337
-
unemployment
2 681
-
2 315
-
pensions
11 501
-
9 931
-
total
15 538
-
13 416
-
Corporate
-
55 500
-
-
income

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

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 676
-
-
total
-
9 676
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 810
18 000
24 399
24 794
After tax
26 690
37 500
31 101
30 706
Living cost
35 465
35 465
35 465
35 465
Free-cash
-8 775
2 035
-4 364
-4 759

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30082
₽23929
₽20387
₽21243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
17 742
Employee
23 001
-
48 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
4 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
9 965
-
Employer
23 001
-
48 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
27 986
55 500
-
-
income
2 798
5 550
-
-
total
2 798
5 550
-
-
Dividends
25 188
49 950
-
-
withholding
1 259
2 497
-
-
total
1 259
2 497
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 200
8 047
16 886
17 742
After tax
41 300
47 453
38 614
37 758
Living cost
17 371
17 371
17 371
17 371
Free-cash
23 929
30 082
21 243
20 387

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10194
₽3007
₽2488
₽3719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
trade
-
-
-
1 231
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.

-
-
-
5 620
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.

-
-
-
6 894
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.

-
-
-
308
total
-
-
-
14 053
Employee

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

50 210
-
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.

6 894
-
6 894
-
surtax

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

228
-
308
-
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.

4 129
-
5 620
-
total
11 251
-
12 822
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 290
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.

44
458
-
-
income
793
8 324
-
-
trade
758
7 964
-
-
chamber of commerce
161
234
-
-
total
1 756
16 980
-
-
Dividends
3 534
38 520
-
-
surtax

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

27
509
-
-
withholding
500
9 246
-
-
total
527
9 755
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 534
26 735
12 822
14 053
After tax
41 966
28 765
42 678
41 447
Living cost
38 959
38 959
38 959
38 959
Free-cash
3 007
-10 194
3 719
2 488

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18635
-₽23437
-₽13902
-₽13902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
7 940
social contributions
-
-
-
3 978
total
-
-
-
11 918
Employee
78 935
-
55 500
-
income
14 895
-
7 940
-
social contributions
6 558
-
3 978
-
total
21 453
-
11 918
-
Employer
78 935
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 938
-
-
total
-
6 938
-
-
Dividends
-
48 562
-
-
withholding
-
9 713
-
-
total
-
9 713
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 453
16 651
11 918
11 918
After tax
34 047
38 849
43 582
43 582
Living cost
57 484
57 484
57 484
57 484
Free-cash
-23 437
-18 635
-13 902
-13 902

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5888
-₽41
-₽16597
₽3423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
55 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
50 858
-
income
5 023
-
6 162
-
social contributions
4 638
-
4 642
-
total
9 661
-
10 804
-
Employer
46 292
-
50 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
4 570
55 500
-
-
income
1 599
19 426
-
-
total
1 599
19 426
-
-
Dividends
2 971
36 074
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 910
24 757
15 446
35 466
After tax
36 590
30 743
40 054
20 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
-41
-5 888
3 423
-16 597

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3969
-₽2326
₽4143
-₽1383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 439
pensions
-
-
-
3 305
total
-
-
-
13 744
Employee
51 629
-
49 619
-
health
673
-
631
-
income
9 402
-
9 059
-
pensions
3 941
-
3 700
-
total
14 016
-
13 390
-
Employer
51 629
-
49 619
-
pensions
5 216
-
4 937
-
health
981
-
943
-
total
6 197
-
5 880
-
Corporate
-
55 500
-
-
income

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

-
10 546
-
-
total
-
10 546
-
-
Dividends
-
44 954
-
-
withholding
-
3 372
-
-
total
-
3 372
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 213
13 918
19 270
13 744
After tax
35 287
41 582
36 230
41 756
Living cost
37 613
37 613
37 613
37 613
Free-cash
-2 326
3 969
-1 383
4 143

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19402
₽830
₽14479
₽5410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
253
income
-
-
-
10 136
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 123
Employee
37 593
-
46 104
-
health
4 304
-
5 279
-
income
5 157
-
6 325
-
pensions
4 233
-
5 191
-
total
13 694
-
16 795
-
Employer
37 593
-
46 104
-
accident
628
-
770
-
unemployment
921
-
1 130
-
pensions
6 112
-
7 497
-
total
7 661
-
9 397
-
Corporate
10 246
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.

9 222
49 950
-
-
total
9 222
49 950
-
-
Dividends
1 024
5 550
-
-
withholding
195
1 054
-
-
total
195
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
30 772
51 004
26 192
17 123
After tax
24 728
4 496
29 308
38 377
Living cost
23 898
23 898
23 898
23 898
Free-cash
830
-19 402
5 410
14 479

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33544
₽28637
₽19305
₽19305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
278
health insurance
-
-
-
4 107
income
-
-
-
7 301
pensions
-
-
-
10 212
unemployment
-
-
-
666
total
-
-
-
22 564
Employee

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

21 810
-
55 500
-
work injury
109
-
278
-
income
2 181
-
7 301
-
pensions
4 013
-
10 212
-
health insurance
1 614
-
4 107
-
unemployment
262
-
666
-
total
8 179
-
22 564
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 690
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
33 690
55 500
-
-
withholding
5 053
8 325
-
-
total
5 053
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 232
8 325
22 564
22 564
After tax
42 268
47 175
32 936
32 936
Living cost
13 631
13 631
13 631
13 631
Free-cash
28 637
33 544
19 305
19 305

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽10969
-₽29535
-₽10168
-₽13246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
municipal
-
-
-
372
regional
-
-
-
838
national
-
-
-
9 983
social contributions
-
-
-
14 274
total
-
-
-
25 467
Employee
85 034
-
55 500
-
social contributions
28 673
-
18 715
-
regional
1 284
-
717
-
municipal
507
-
331
-
national
14 370
-
8 782
-
total
44 834
-
28 545
-
Employer
85 034
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
nationa
-
13 321
-
-
municipal
-
2 675
-
-
total
-
15 996
-
-
Dividends
-
39 504
-
-
withholding
-
10 272
-
-
total
-
10 272
-
-
Income
55 500
55 500
55 500
55 500
Total tax
44 834
26 268
28 545
25 467
After tax
10 666
29 232
26 955
30 033
Living cost
40 201
40 201
40 201
40 201
Free-cash
-29 535
-10 969
-13 246
-10 168

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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