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
-₽249
₽13953
₽12083
₽10131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
6 366
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.

-
-
-
351
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.

-
-
-
6 410
trade
-
-
-
1 870
total
-
-
-
14 997
Employee

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

35 888
-
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.

55
-
351
-
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.

1 002
-
6 366
-
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.

6 410
-
6 410
-
total
7 467
-
13 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 612
55 500
-
-
income
2 942
8 324
-
-
surtax

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

162
458
-
-
chamber of commerce
171
223
-
-
trade
3 089
8 741
-
-
total
6 364
17 746
-
-
Dividends
13 248
37 754
-
-
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.

162
500
-
-
withholding
2 956
9 083
-
-
total
3 118
9 583
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 949
27 329
13 127
14 997
After tax
38 551
28 171
42 373
40 503
Living cost
28 420
28 420
28 420
28 420
Free-cash
10 131
-249
13 953
12 083

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15324
-₽14645
-₽15082
-₽28968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
597
municipal
-
-
-
5 244
national
-
-
-
8 125
pensions
-
-
-
6 660
total
-
-
-
20 626
Employee
77 442
-
47 979
-
municipal
9 565
-
5 458
-
pensions
3 098
-
1 919
-
national
14 822
-
8 458
-
total
27 485
-
15 835
-
Employer
77 442
-
47 979
-
pensions
6 195
-
3 838
-
social contributions
832
-
516
-
total
7 027
-
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
34 512
20 868
20 189
20 626
After tax
20 988
34 632
35 311
34 874
Living cost
49 956
49 956
49 956
49 956
Free-cash
-28 968
-15 324
-14 645
-15 082

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24879
₽12198
₽24701
₽17183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

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

-
-
-
2 954
microenterprise
-
-
-
8 324
total
-
-
-
11 278
Employee
27 418
-
44 726
-
surtax
-
-
-
-
social contributions

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

3 016
-
4 920
-
income
4 881
-
8 087
-
total
7 897
-
13 007
-
Employer
27 418
-
44 726
-
social contributions

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

6 604
-
10 774
-
surtax
-
-
-
-
total
6 604
-
10 774
-
Corporate
21 478
55 500
-
-
income

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

4 295
11 100
-
-
total
4 295
11 100
-
-
Dividends

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

17 183
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 796
11 100
23 781
11 278
After tax
36 704
44 400
31 719
44 222
Living cost
19 521
19 521
19 521
19 521
Free-cash
17 183
24 879
12 198
24 701

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽32409
-₽37677
-₽7589
-₽37677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 273
health
-
-
-
8 520
pensions
-
-
-
9 989
total
-
-
-
23 782
Employee
80 127
80 127
80 127
-
pensions
14 423
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
12 299
-
total
39 838
34 570
39 838
-
Employer
80 127
80 127
80 127
-
health
5 570
5 570
5 570
-
pensions
5 577
5 577
5 577
-
unemployment
2 885
2 885
2 885
-
total
14 032
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
53 870
48 602
53 870
23 782
After tax
1 630
6 898
1 630
31 718
Living cost
39 307
39 307
39 307
39 307
Free-cash
-37 677
-32 409
-37 677
-7 589

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7181
-₽7845
-₽9818
-₽14693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
accident
-
-
-
111
other
-
-
-
6 449
unemployment
-
-
-
55
health
-
-
-
3 463
municipal
-
-
-
11 756
national
-
-
-
-
pensions
-
-
-
6 000
total
-
-
-
27 834
Employee
53 411
-
42 231
-
municipal
15 927
-
12 593
-
national
-
-
-
-
total
15 927
-
12 593
-
Employer
53 411
-
42 231
-
health
3 285
-
2 597
-
pensions
5 774
-
4 565
-
accident
107
-
84
-
unemployment
1 410
-
1 115
-
other
6 206
-
4 907
-
total
16 782
-
13 268
-
Corporate
-
55 500
-
-
income
-
12 210
-
-
total
-
12 210
-
-
Dividends
-
43 290
-
-
withholding
-
12 987
-
-
total
-
12 987
-
-
Income
55 500
55 500
55 500
55 500
Total tax
32 709
25 197
25 861
27 834
After tax
22 791
30 303
29 639
27 666
Living cost
37 484
37 484
37 484
37 484
Free-cash
-14 693
-7 181
-7 845
-9 818

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8973
₽5512
₽3559
₽4210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
6 366
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.

-
-
-
351
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.

-
-
-
6 410
trade
-
-
-
1 953
total
-
-
-
15 080
Employee

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

47 583
-
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.

224
-
351
-
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.

4 088
-
6 366
-
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.

6 410
-
6 410
-
total
10 722
-
13 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 917
55 500
-
-
income
1 188
8 324
-
-
surtax

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

66
458
-
-
chamber of commerce
153
221
-
-
trade
1 302
9 129
-
-
total
2 709
18 132
-
-
Dividends
5 208
37 368
-
-
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.

52
495
-
-
withholding
946
8 985
-
-
total
998
9 480
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 429
27 612
13 127
15 080
After tax
41 071
27 888
42 373
40 420
Living cost
36 860
36 860
36 860
36 860
Free-cash
4 210
-8 973
5 512
3 559

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
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.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3849
₽7582
₽12853
₽6521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 140
social contributions
-
-
-
8 657
health
-
-
-
1 416
total
-
-
-
12 213
Employee
72 151
72 151
72 151
-
social contributions
3 506
5 988
4 183
-
income
7 576
6 679
7 331
-
health
718
1 227
856
-
total
11 800
13 894
12 370
-
Employer
72 151
72 151
72 151
-
health
782
1 335
931
-
social contributions
3 506
5 988
4 183
-
total
4 288
7 323
5 114
-
Corporate
8 978
-
-
-
income
1 122
-
-
-
total
1 122
-
-
-
Dividends
7 857
-
-
-
withholding
1 335
-
-
-
total
1 335
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 545
21 217
17 484
12 213
After tax
36 955
34 283
38 016
43 287
Living cost
30 434
30 434
30 434
30 434
Free-cash
6 521
3 849
7 582
12 853

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14586
₽15357
₽21631
₽14936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
46 444
-
unemployment
364
145
697
-
pensions
2 428
966
4 644
-
income
2 968
1 181
5 678
-
health
1 699
676
3 251
-
total
7 459
2 968
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.

24 275
9 661
46 444
-
pensions
4 734
1 884
9 056
-
total
4 734
1 884
9 056
-
Corporate
26 491
43 955
-
-
income
2 384
3 956
-
-
total
2 384
3 956
-
-
Dividends
24 107
39 999
-
-
social contributions
4 590
7 689
-
-
withholding
4 580
7 600
-
-
total
9 170
15 289
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 747
24 097
23 326
17 052
After tax
31 753
31 403
32 174
38 448
Living cost
16 817
16 817
16 817
16 817
Free-cash
14 936
14 586
15 357
21 631

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21736
₽9868
₽7938
₽15907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 583
health
-
-
-
7 215
pensions
-
-
-
11 100
total
-
-
-
24 898
Employee
26 618
-
41 481
-
unemployment
426
-
664
-
pensions
532
-
830
-
income
2 997
-
7 455
-
total
3 955
-
8 949
-
Employer
26 618
-
41 481
-
health
3 460
-
5 392
-
pensions
5 324
-
8 296
-
unemployment
214
-
331
-
total
8 998
-
14 019
-
Corporate
19 884
55 500
-
-
income
3 976
11 100
-
-
total
3 976
11 100
-
-
Dividends
15 908
44 400
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
16 929
11 100
22 968
24 898
After tax
38 571
44 400
32 532
30 602
Living cost
22 664
22 664
22 664
22 664
Free-cash
15 907
21 736
9 868
7 938

Estimated living cost  is ₽22664 per week

₽15545
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.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16452
₽8361
₽17396
₽1283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 524
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
17 156
Employee
32 952
-
46 104
-
pensions
3 710
-
5 191
-
income
4 521
-
6 325
-
health
3 773
-
5 279
-
total
12 004
-
16 795
-
Employer
32 952
-
46 104
-
pensions
5 358
-
7 496
-
accident
550
-
770
-
unemployment
807
-
1 130
-
total
6 715
-
9 396
-
Corporate
15 832
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.

14 249
49 950
-
-
total
14 249
49 950
-
-
Dividends
1 583
5 550
-
-
withholding
301
1 054
-
-
total
301
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 269
51 004
26 191
17 156
After tax
22 231
4 496
29 309
38 344
Living cost
20 948
20 948
20 948
20 948
Free-cash
1 283
-16 452
8 361
17 396

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45164
₽36839
₽47384
₽43746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
microenterprise

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

-
-
-
555
total
-
-
-
555
Employee
9 450
-
55 500
-
income
1 890
-
11 100
-
total
1 890
-
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%.

46 050
55 500
-
-
total
-
-
-
-
Dividends
46 050
55 500
-
-
withholding
2 303
2 775
-
-
total
2 303
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 193
2 775
11 100
555
After tax
51 307
52 725
44 400
54 945
Living cost
7 561
7 561
7 561
7 561
Free-cash
43 746
45 164
36 839
47 384

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15772
₽7529
₽5052
₽9439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
7 049
other
-
-
-
2 637
health
-
-
-
2 441
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.

-
-
-
13 319
total
-
-
-
25 446
Employee
34 069
-
44 328
-
unemployment
340
-
443
-
pensions

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

2 384
-
3 104
-
income
5 865
-
7 630
-
health
477
-
621
-
total
9 066
-
11 798
-
Employer
34 069
-
44 328
-
health
477
-
621
-
pensions

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

5 792
-
7 536
-
accident
272
-
354
-
unemployment
340
-
443
-
other
1 704
-
2 217
-
total
8 585
-
11 171
-
Corporate
12 845
55 500
-
-
income
2 698
11 656
-
-
total
2 698
11 656
-
-
Dividends
10 147
43 844
-
-
withholding
710
3 070
-
-
total
710
3 070
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 059
14 726
22 969
25 446
After tax
34 441
40 774
32 531
30 054
Living cost
25 002
25 002
25 002
25 002
Free-cash
9 439
15 772
7 529
5 052

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21101
-₽26697
-₽21031
-₽45346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 414
pensions
-
-
-
3 431
total
-
-
-
13 845
Employee
88 691
-
49 495
-
pensions
8 556
-
3 852
-
income
15 987
-
8 996
-
health
1 461
-
658
-
total
26 004
-
13 506
-
Employer
88 691
-
49 495
-
health
1 684
-
941
-
pensions
10 472
-
5 064
-
total
12 156
-
6 005
-
Corporate
-
55 500
-
-
income

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

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 371
-
-
total
-
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
38 160
13 915
19 511
13 845
After tax
17 340
41 585
35 989
41 655
Living cost
62 686
62 686
62 686
62 686
Free-cash
-45 346
-21 101
-26 697
-21 031

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35153
₽27121
₽26127
₽30797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
17 074
Employee
16 286
-
49 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
4 907
-
health
749
-
1 507
-
total
3 986
-
9 651
-
Employer
16 286
-
49 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
36 018
55 500
-
-
income
3 602
5 550
-
-
total
3 602
5 550
-
-
Dividends
32 417
49 950
-
-
withholding
1 621
2 498
-
-
total
1 621
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 404
8 048
16 080
17 074
After tax
43 096
47 452
39 420
38 426
Living cost
12 299
12 299
12 299
12 299
Free-cash
30 797
35 153
27 121
26 127

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45132
-₽50400
-₽20312
-₽46723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 273
health
-
-
-
8 520
pensions
-
-
-
9 989
total
-
-
-
23 782
Employee
86 993
80 127
80 127
-
pensions
10 993
10 993
14 423
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
12 299
-
total
34 962
34 570
39 838
-
Employer
86 993
80 127
80 127
-
health
6 045
5 570
5 570
-
pensions
6 054
5 577
5 577
-
unemployment
3 132
2 885
2 885
-
total
15 231
14 032
14 032
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
50 193
48 602
53 870
23 782
After tax
5 307
6 898
1 630
31 718
Living cost
52 030
52 030
52 030
52 030
Free-cash
-46 723
-45 132
-50 400
-20 312

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15201
₽5154
₽4021
₽6991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 492
total
-
-
-
28 468
Employee
33 839
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
2 692
-
income
4 061
-
4 970
-
health
4 568
-
5 591
-
total
10 829
-
13 253
-
Employer
33 839
-
41 418
-
health
3 045
-
3 728
-
social contributions
8 460
-
10 354
-
total
11 505
-
14 082
-
Corporate
10 156
55 500
-
-
income
1 930
10 545
-
-
total
1 930
10 545
-
-
Dividends
8 226
44 955
-
-
withholding
1 234
6 743
-
-
total
1 234
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 498
17 288
27 335
28 468
After tax
30 002
38 212
28 165
27 032
Living cost
23 011
23 011
23 011
23 011
Free-cash
6 991
15 201
5 154
4 021

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9983
-₽12452
-₽9317
-₽27891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 275
regional
-
-
-
558
municipal
-
-
-
329
national
-
-
-
10 062
total
-
-
-
25 224
Employee
83 391
-
55 500
-
municipal
442
-
294
-
national
14 450
-
8 864
-
regional
787
-
487
-
social contributions
28 119
-
18 714
-
total
43 798
-
28 359
-
Employer
83 391
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 165
-
-
nationa
-
13 321
-
-
total
-
15 486
-
-
Dividends
-
40 014
-
-
withholding
-
10 404
-
-
total
-
10 404
-
-
Income
55 500
55 500
55 500
55 500
Total tax
43 798
25 890
28 359
25 224
After tax
11 702
29 610
27 141
30 276
Living cost
39 593
39 593
39 593
39 593
Free-cash
-27 891
-9 983
-12 452
-9 317

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14204
₽9332
₽10529
₽11287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 467
other
-
-
-
-
surtax
-
-
-
545
unemployment
-
-
-
214
health
-
-
-
3 940
pensions
-
-
-
11 100
total
-
-
-
24 266
Employee
31 029
-
45 851
-
other
-
-
-
-
unemployment
2 160
-
3 191
-
pensions
2 069
-
3 059
-
surtax
101
-
454
-
income
5 201
-
7 940
-
health
792
-
1 170
-
total
10 323
-
15 814
-
Employer
31 029
-
45 851
-
health
1 412
-
2 085
-
pensions
4 136
-
6 111
-
unemployment
983
-
1 453
-
other
-
-
-
-
total
6 531
-
9 649
-
Corporate
17 940
55 500
-
-
income
4 663
14 430
-
-
total
4 663
14 430
-
-
Dividends
13 276
41 070
-
-
withholding
1 991
6 161
-
-
total
1 991
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 508
20 591
25 463
24 266
After tax
31 992
34 909
30 037
31 234
Living cost
20 705
20 705
20 705
20 705
Free-cash
11 287
14 204
9 332
10 529

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
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.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1240
-₽6836
-₽1170
-₽11501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 414
pensions
-
-
-
3 431
total
-
-
-
13 845
Employee
59 438
-
49 495
-
pensions
5 045
-
3 852
-
income
10 705
-
8 996
-
health
863
-
658
-
total
16 613
-
13 506
-
Employer
59 438
-
49 495
-
health
1 129
-
941
-
pensions
6 434
-
5 064
-
total
7 563
-
6 005
-
Corporate
-
55 500
-
-
income

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

-
10 544
-
-
total
-
10 544
-
-
Dividends
-
44 956
-
-
withholding
-
3 371
-
-
total
-
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 176
13 915
19 511
13 845
After tax
31 324
41 585
35 989
41 655
Living cost
42 825
42 825
42 825
42 825
Free-cash
-11 501
-1 240
-6 836
-1 170

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48707
-₽29831
-₽27016
-₽39458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
other

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

-
-
-
1 109
regional
-
-
-
1 224
health
-
-
-
242
city
-
-
-
584
national
-
-
-
166
pensions
-
-
-
5 105
total
-
-
-
8 430
Employee
86 700
-
49 676
-
unemployment
-
-
-
-
pensions
7 284
-
4 173
-
national
410
-
133
-
regional
2 839
-
1 016
-
city
930
-
533
-
health
196
-
112
-
total
11 659
-
5 967
-
Employer
86 700
-
49 676
-
health
196
-
112
-
pensions
7 284
-
4 173
-
unemployment
-
-
-
-
other

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

1 733
-
993
-
total
9 213
-
5 278
-
Corporate
-
55 500
-
-
regional
-
11 738
-
-
national
-
4 717
-
-
total
-
16 455
-
-
Dividends
-
39 045
-
-
withholding
-
13 666
-
-
total
-
13 666
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 872
30 121
11 245
8 430
After tax
34 628
25 379
44 255
47 070
Living cost
74 086
74 086
74 086
74 086
Free-cash
-39 458
-48 707
-29 831
-27 016

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15385
-₽611
-₽2648
-₽890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
6 366
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.

-
-
-
351
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.

-
-
-
6 410
trade
-
-
-
2 037
total
-
-
-
15 164
Employee

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

56 390
-
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.

365
-
351
-
income

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

6 631
-
6 366
-
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.

6 410
-
6 410
-
total
13 406
-
13 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
8 324
-
-
surtax

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

-
458
-
-
chamber of commerce
-
221
-
-
trade
-
9 519
-
-
total
-
18 522
-
-
Dividends
-
36 978
-
-
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.

-
490
-
-
withholding
-
8 889
-
-
total
-
9 379
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 406
27 901
13 127
15 164
After tax
42 094
27 599
42 373
40 336
Living cost
42 984
42 984
42 984
42 984
Free-cash
-890
-15 385
-611
-2 648

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4131
₽1575
₽1120
₽1412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 564
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
15 931
total
-
-
-
22 277
Employee
40 158
-
42 293
-
pensions
4 541
-
4 783
-
surtax
-
-
-
-
social contributions
1 145
-
1 205
-
income
2 370
-
2 628
-
total
8 056
-
8 616
-
Employer
40 158
-
42 293
-
health
2 812
-
2 961
-
pensions
6 597
-
6 948
-
unemployment
1 626
-
1 713
-
social contributions
121
-
126
-
other
1 385
-
1 458
-
total
12 541
-
13 206
-
Corporate
2 801
55 500
-
-
income
783
15 539
-
-
surtax
-
-
-
-
total
783
15 539
-
-
Dividends
2 018
39 961
-
-
surtax
-
-
-
-
social contributions
347
6 873
-
-
withholding
258
5 116
-
-
total
605
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 985
27 528
21 822
22 277
After tax
33 515
27 972
33 678
33 223
Living cost
32 103
32 103
32 103
32 103
Free-cash
1 412
-4 131
1 575
1 120

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽950
₽4756
₽4301
₽4262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 564
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
15 931
total
-
-
-
22 277
Employee
35 847
-
42 293
-
pensions
4 054
-
4 783
-
surtax
-
-
-
-
social contributions
1 022
-
1 205
-
income
1 848
-
2 628
-
total
6 924
-
8 616
-
Employer
35 847
-
42 293
-
health
2 509
-
2 961
-
pensions
5 890
-
6 948
-
unemployment
1 451
-
1 713
-
social contributions
107
-
126
-
other
1 238
-
1 458
-
total
11 195
-
13 206
-
Corporate
8 459
55 500
-
-
income
2 368
15 539
-
-
surtax
-
-
-
-
total
2 368
15 539
-
-
Dividends
6 090
39 961
-
-
surtax
-
-
-
-
social contributions
1 049
6 873
-
-
withholding
780
5 116
-
-
total
1 829
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 316
27 528
21 822
22 277
After tax
33 184
27 972
33 678
33 223
Living cost
28 922
28 922
28 922
28 922
Free-cash
4 262
-950
4 756
4 301

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13964
₽13316
₽15747
₽14452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
7 658
health
-
-
-
3 875
total
-
-
-
19 857
Employee
31 814
-
55 500
-
social contributions
4 391
-
7 658
-
income
5 306
-
10 755
-
health
2 220
-
3 875
-
total
11 917
-
22 288
-
Employer
31 814
-
55 500
-
total
-
-
-
-
Corporate
23 686
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%.

1 184
2 774
-
-
total
1 184
2 774
-
-
Dividends
22 502
52 726
-
-
social contributions
3 105
7 276
-
-
withholding
3 376
7 909
-
-
health
1 570
3 681
-
-
total
8 051
18 866
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 152
21 640
22 288
19 857
After tax
34 348
33 860
33 212
35 643
Living cost
19 896
19 896
19 896
19 896
Free-cash
14 452
13 964
13 316
15 747

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1306
-₽11947
-₽2466
-₽5961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 229
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
223
health
-
-
-
4 245
pensions
-
-
-
10 267
total
-
-
-
24 904
Employee
46 892
37 393
42 952
-
other
468
374
429
-
unemployment
1 407
1 122
1 289
-
pensions
4 802
3 828
4 398
-
income
5 338
2 758
4 209
-
health
1 814
1 448
1 663
-
total
13 829
9 530
11 988
-
Employer
46 892
37 393
42 952
-
chamber of commerce
187
150
171
-
health
1 772
1 414
1 624
-
pensions
5 885
4 694
5 390
-
accident
609
486
559
-
unemployment
1 407
1 122
1 289
-
surtax
185
185
185
-
payroll
1 407
1 122
1 289
-
other
2 228
1 775
2 041
-
total
13 680
10 948
12 548
-
Corporate
3 561
7 160
39 391
-
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.

890
1 790
9 849
-
total
890
1 790
9 849
-
Dividends
-
5 370
-
-
withholding
-
1 476
-
-
total
-
1 476
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 399
23 744
34 385
24 904
After tax
27 101
31 756
21 115
30 596
Living cost
33 062
33 062
33 062
33 062
Free-cash
-5 961
-1 306
-11 947
-2 466

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2946
-₽10493
-₽4624
-₽31154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal

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

-
-
-
2 934
social contributions
-
-
-
6 588
national
-
-
-
16 390
total
-
-
-
25 912
Employee

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

67 117
-
42 989
-
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.

584
-
374
-
communal

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

3 501
-
2 242
-
pensions

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

5 034
-
3 225
-
national
20 635
-
11 409
-
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.

3 153
-
2 021
-
total
32 907
-
19 271
-
Employer

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

67 117
-
42 989
-
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.

4 127
-
2 642
-
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.

5 947
-
3 809
-
accident

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

872
-
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.

979
-
627
-
surtax
7 610
-
4 875
-
total
19 535
-
12 510
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
surtax
-
223
-
-
total
-
11 323
-
-
Dividends
-
44 177
-
-
withholding

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

-
12 911
-
-
total
-
12 911
-
-
Income
55 500
55 500
55 500
55 500
Total tax
52 442
24 234
31 781
25 912
After tax
3 058
31 266
23 719
29 588
Living cost
34 212
34 212
34 212
34 212
Free-cash
-31 154
-2 946
-10 493
-4 624

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3596
-₽3033
-₽3424
-₽6094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 388
other
-
-
-
55
unemployment
-
-
-
388
pensions
-
-
-
15 707
total
-
-
-
25 038
Employee
46 707
-
42 083
-
other
46
-
43
-
unemployment
725
-
652
-
pensions
2 195
-
1 978
-
income
9 855
-
8 557
-
total
12 821
-
11 230
-
Employer
46 707
-
42 083
-
pensions
11 022
-
9 932
-
accident
924
-
833
-
unemployment
2 569
-
2 315
-
other
372
-
337
-
total
14 887
-
13 417
-
Corporate
-
55 500
-
-
income

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

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 694
-
-
total
-
9 694
-
-
Income
55 500
55 500
55 500
55 500
Total tax
27 708
18 018
24 647
25 038
After tax
27 792
37 482
30 853
30 462
Living cost
33 886
33 886
33 886
33 886
Free-cash
-6 094
3 596
-3 033
-3 424

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16177
-₽13294
-₽14402
-₽24045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
communal
-
-
-
-
accident
-
-
-
500
income
-
-
-
2 434
surtax
-
-
-
2 936
health
-
-
-
4 161
pensions
-
-
-
8 880
total
-
-
-
18 911
Employee
71 057
-
49 574
-
pensions
5 684
-
3 965
-
surtax
4 355
-
3 038
-
income
6 863
-
2 666
-
health
3 162
-
2 208
-
total
20 064
-
11 877
-
Employer
71 057
-
49 574
-
health
2 167
-
1 514
-
pensions
5 684
-
3 965
-
accident
639
-
447
-
total
8 490
-
5 926
-
Corporate
-
55 500
-
-
communal
-
3 746
-
-
income
-
8 324
-
-
surtax
-
582
-
-
total
-
12 652
-
-
Dividends
-
42 847
-
-
income
-
1 608
-
-
withholding
-
6 426
-
-
total
-
8 034
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 554
20 686
17 803
18 911
After tax
26 946
34 814
37 697
36 589
Living cost
50 991
50 991
50 991
50 991
Free-cash
-24 045
-16 177
-13 294
-14 402

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13834
₽8962
₽10159
₽10851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 467
other
-
-
-
-
surtax
-
-
-
545
unemployment
-
-
-
214
health
-
-
-
3 940
pensions
-
-
-
11 100
total
-
-
-
24 266
Employee
31 599
-
45 851
-
other
-
-
-
-
unemployment
2 199
-
3 191
-
pensions
2 108
-
3 059
-
surtax
112
-
454
-
income
5 297
-
7 940
-
health
807
-
1 170
-
total
10 523
-
15 814
-
Employer
31 599
-
45 851
-
health
1 437
-
2 085
-
pensions
4 213
-
6 111
-
unemployment
1 002
-
1 453
-
other
-
-
-
-
total
6 652
-
9 649
-
Corporate
17 249
55 500
-
-
income
4 485
14 430
-
-
total
4 485
14 430
-
-
Dividends
12 763
41 070
-
-
withholding
1 914
6 161
-
-
total
1 914
6 161
-
-
Income
55 500
55 500
55 500
55 500
Total tax
23 574
20 591
25 463
24 266
After tax
31 926
34 909
30 037
31 234
Living cost
21 075
21 075
21 075
21 075
Free-cash
10 851
13 834
8 962
10 159

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3896
₽1605
₽4722
₽1814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 275
regional
-
-
-
836
municipal
-
-
-
329
national
-
-
-
10 062
total
-
-
-
25 502
Employee
52 049
-
55 500
-
municipal
276
-
294
-
national
8 246
-
8 864
-
regional
701
-
747
-
social contributions
17 551
-
18 714
-
total
26 774
-
28 619
-
Employer
52 049
-
55 500
-
total
-
-
-
-
Corporate
3 451
55 500
-
-
municipal
171
2 758
-
-
nationa
828
13 321
-
-
total
999
16 079
-
-
Dividends
2 452
39 421
-
-
withholding
637
10 249
-
-
total
637
10 249
-
-
Income
55 500
55 500
55 500
55 500
Total tax
28 410
26 328
28 619
25 502
After tax
27 090
29 172
26 881
29 998
Living cost
25 276
25 276
25 276
25 276
Free-cash
1 814
3 896
1 605
4 722

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9857
-₽190
-₽1323
-₽376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
4 770
social contributions
-
-
-
16 206
solidarity contribution
-
-
-
-
health
-
-
-
7 492
total
-
-
-
28 468
Employee
41 699
-
41 418
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
2 692
-
income
5 004
-
4 970
-
health
5 629
-
5 591
-
total
13 343
-
13 253
-
Employer
41 699
-
41 418
-
health
3 753
-
3 728
-
social contributions
10 425
-
10 354
-
total
14 178
-
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
27 521
17 288
27 335
28 468
After tax
27 979
38 212
28 165
27 032
Living cost
28 355
28 355
28 355
28 355
Free-cash
-376
9 857
-190
-1 323

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1921
-₽8778
₽846
₽1300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 229
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
223
health
-
-
-
4 245
pensions
-
-
-
10 267
total
-
-
-
24 719
Employee
41 016
37 393
43 096
-
other
410
374
431
-
unemployment
1 230
1 122
1 293
-
pensions
4 200
3 828
4 412
-
income
3 654
2 758
4 250
-
health
1 587
1 448
1 668
-
total
11 081
9 530
12 054
-
Employer
41 016
37 393
43 096
-
chamber of commerce
164
150
173
-
health
1 551
1 414
1 629
-
pensions
5 148
4 694
5 408
-
accident
532
486
561
-
unemployment
1 230
1 122
1 293
-
surtax
-
-
-
-
payroll
1 230
1 122
1 293
-
other
1 948
1 775
2 048
-
total
11 803
10 763
12 405
-
Corporate
3 561
7 345
39 535
-
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.

890
1 836
9 884
-
total
890
1 836
9 884
-
Dividends
1 790
5 509
-
-
withholding
491
1 515
-
-
total
491
1 515
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 265
23 644
34 343
24 719
After tax
31 235
31 856
21 157
30 781
Living cost
29 935
29 935
29 935
29 935
Free-cash
1 300
1 921
-8 778
846

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40943
₽32618
₽43163
₽38733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
55 500
-
income
2 946
-
11 100
-
total
2 946
-
11 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

40 773
55 500
-
-
total
-
-
-
-
Dividends
40 773
55 500
-
-
withholding
2 039
2 775
-
-
total
2 039
2 775
-
-
Income
55 500
55 500
55 500
55 500
Total tax
4 985
2 775
11 100
555
After tax
50 515
52 725
44 400
54 945
Living cost
11 782
11 782
11 782
11 782
Free-cash
38 733
40 943
32 618
43 163

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13045
₽3639
₽5229
₽5196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 424
unemployment
-
-
-
84
health
-
-
-
5 461
pensions
-
-
-
10 135
total
-
-
-
25 104
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.

41 492
-
48 023
-
unemployment
59
-
68
-
pensions
6 432
-
7 443
-
income
7 155
-
8 605
-
health
2 680
-
3 102
-
total
16 326
-
19 218
-
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.

41 492
-
48 023
-
health
2 764
-
3 198
-
pensions
3 672
-
4 250
-
unemployment
25
-
28
-
total
6 461
-
7 476
-
Corporate
7 548
55 500
-
-
income
1 433
10 545
-
-
total
1 433
10 545
-
-
Dividends
6 114
44 955
-
-
withholding
917
6 743
-
-
total
917
6 743
-
-
Income
55 500
55 500
55 500
55 500
Total tax
25 137
17 288
26 694
25 104
After tax
30 363
38 212
28 806
30 396
Living cost
25 167
25 167
25 167
25 167
Free-cash
5 196
13 045
3 639
5 229

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6314
₽3200
-₽1725
-₽82999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
21 734
12 220
17 145
After tax
-42 919
33 766
43 280
38 355
Living cost
40 080
40 080
40 080
40 080
Free-cash
-82 999
-6 314
3 200
-1 725

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2136
₽979
₽2537
₽1193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 245
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 531
Employee
43 155
-
44 848
-
surtax
-
-
-
-
social contributions
4 747
-
4 934
-
income
8 976
-
9 503
-
total
13 723
-
14 437
-
Employer
43 155
-
44 848
-
social contributions
10 249
-
10 652
-
total
10 249
-
10 652
-
Corporate
2 096
55 500
-
-
income
440
11 656
-
-
surtax
-
-
-
-
total
440
11 656
-
-
Dividends
1 656
43 844
-
-
withholding
463
12 276
-
-
total
463
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 875
23 932
25 089
23 531
After tax
30 625
31 568
30 411
31 969
Living cost
29 432
29 432
29 432
29 432
Free-cash
1 193
2 136
979
2 537

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17347
-₽11641
-₽12096
-₽21622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 564
other
-
-
-
1 720
surtax
-
-
-
-
social contributions
-
-
-
1 581
health
-
-
-
481
pensions
-
-
-
15 931
total
-
-
-
22 277
Employee
58 768
-
42 293
-
pensions
6 647
-
4 783
-
surtax
-
-
-
-
social contributions
1 674
-
1 205
-
income
5 128
-
2 628
-
total
13 449
-
8 616
-
Employer
58 768
-
42 293
-
health
4 113
-
2 961
-
pensions
9 656
-
6 948
-
unemployment
2 381
-
1 713
-
social contributions
176
-
126
-
other
2 028
-
1 458
-
total
18 354
-
13 206
-
Corporate
-
55 500
-
-
income
-
15 539
-
-
surtax
-
-
-
-
total
-
15 539
-
-
Dividends
-
39 961
-
-
surtax
-
-
-
-
social contributions
-
6 873
-
-
withholding
-
5 116
-
-
total
-
11 989
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 803
27 528
21 822
22 277
After tax
23 697
27 972
33 678
33 223
Living cost
45 319
45 319
45 319
45 319
Free-cash
-21 622
-17 347
-11 641
-12 096

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21745
₽16612
₽15057
₽18593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28
social contributions
-
-
-
12 210
total
-
-
-
12 238
Employee
30 166
-
48 052
-
income
-
-
110
-
social contributions
1 960
-
3 125
-
total
1 960
-
3 235
-
Employer
30 166
-
48 052
-
social contributions
4 676
-
7 448
-
total
4 676
-
7 448
-
Corporate
20 659
55 500
-
-
income
2 066
5 550
-
-
total
2 066
5 550
-
-
Dividends
18 593
49 950
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
8 702
5 550
10 683
12 238
After tax
46 798
49 950
44 817
43 262
Living cost
28 205
28 205
28 205
28 205
Free-cash
18 593
21 745
16 612
15 057

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽148926
-₽148926
-₽9265
-₽148926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
labour market
-
-
-
4 375
municipal
-
-
-
9 088
national
-
-
-
5 302
pensions
-
-
-
813
total
-
-
-
19 578
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
159 239
159 239
159 239
19 578
After tax
-103 739
-103 739
-103 739
35 922
Living cost
45 187
45 187
45 187
45 187
Free-cash
-148 926
-148 926
-148 926
-9 265

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16143
₽8670
₽17705
₽1329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 524
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
17 156
Employee
32 466
-
46 104
-
pensions
3 656
-
5 191
-
income
4 454
-
6 325
-
health
3 718
-
5 279
-
total
11 828
-
16 795
-
Employer
32 466
-
46 104
-
pensions
5 279
-
7 496
-
accident
542
-
770
-
unemployment
796
-
1 130
-
total
6 617
-
9 396
-
Corporate
16 417
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.

14 775
49 950
-
-
total
14 775
49 950
-
-
Dividends
1 642
5 550
-
-
withholding
312
1 054
-
-
total
312
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
33 532
51 004
26 191
17 156
After tax
21 968
4 496
29 309
38 344
Living cost
20 639
20 639
20 639
20 639
Free-cash
1 329
-16 143
8 670
17 705

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2264
-₽1834
₽6781
-₽3183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
health
-
-
-
463
municipal
-
-
-
9 907
national
-
-
-
2 325
total
-
-
-
12 695
Employee
49 366
-
46 690
-
municipal
8 086
-
7 651
-
unemployment
741
-
700
-
pensions
3 332
-
3 152
-
national
816
-
670
-
health
369
-
328
-
total
13 344
-
12 501
-
Employer
49 366
-
46 690
-
health
379
-
360
-
pensions
8 565
-
8 100
-
accident
50
-
46
-
unemployment
321
-
303
-
total
9 315
-
8 809
-
Corporate
-
55 500
-
-
income
-
11 100
-
-
total
-
11 100
-
-
Dividends

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

-
33 300
-
-
municipal
-
5 994
-
-
national
-
118
-
-
total
-
6 112
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 659
17 212
21 310
12 695
After tax
32 841
38 288
34 190
42 805
Living cost
36 024
36 024
36 024
36 024
Free-cash
-3 183
2 264
-1 834
6 781

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12559
₽16292
₽21563
₽14015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 140
social contributions
-
-
-
8 657
health
-
-
-
1 416
total
-
-
-
12 213
Employee
72 151
72 151
72 151
-
social contributions
2 728
5 988
4 183
-
income
7 856
6 679
7 331
-
health
559
1 227
856
-
total
11 143
13 894
12 370
-
Employer
72 151
72 151
72 151
-
health
607
1 335
931
-
social contributions
2 728
5 988
4 183
-
total
3 335
7 323
5 114
-
Corporate
19 298
-
-
-
income
2 413
-
-
-
total
2 413
-
-
-
Dividends
16 885
-
-
-
withholding
2 870
-
-
-
total
2 870
-
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 761
21 217
17 484
12 213
After tax
35 739
34 283
38 016
43 287
Living cost
21 724
21 724
21 724
21 724
Free-cash
14 015
12 559
16 292
21 563

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31062
₽19471
₽26471
₽26288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 740
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
14 132
Employee

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

21 537
-
50 318
-
unemployment
107
-
251
-
pensions
3 230
-
7 548
-
income
1 473
-
3 875
-
health
1 830
-
4 277
-
total
6 640
-
15 951
-
Employer

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

21 537
-
50 318
-
health
926
-
2 163
-
pensions
1 184
-
2 767
-
unemployment
107
-
251
-
total
2 217
-
5 181
-
Corporate
31 746
55 500
-
-
income
2 858
4 995
-
-
total
2 858
4 995
-
-
Dividends
28 888
50 505
-
-
withholding
2 600
4 546
-
-
total
2 600
4 546
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 315
9 541
21 132
14 132
After tax
41 185
45 959
34 368
41 368
Living cost
14 897
14 897
14 897
14 897
Free-cash
26 288
31 062
19 471
26 471

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11680
₽5051
₽4660
₽6709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 388
other
-
-
-
55
unemployment
-
-
-
388
pensions
-
-
-
15 707
total
-
-
-
25 038
Employee
34 695
-
42 083
-
other
34
-
43
-
unemployment
538
-
652
-
pensions
1 631
-
1 978
-
income
6 689
-
8 557
-
total
8 892
-
11 230
-
Employer
34 695
-
42 083
-
pensions
8 187
-
9 932
-
accident
687
-
833
-
unemployment
1 909
-
2 315
-
other
278
-
337
-
total
11 061
-
13 417
-
Corporate
9 744
55 500
-
-
income

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

1 462
8 324
-
-
total
1 462
8 324
-
-
Dividends
8 282
47 176
-
-
withholding
1 574
9 694
-
-
total
1 574
9 694
-
-
Income
55 500
55 500
55 500
55 500
Total tax
22 989
18 018
24 647
25 038
After tax
32 511
37 482
30 853
30 462
Living cost
25 802
25 802
25 802
25 802
Free-cash
6 709
11 680
5 051
4 660

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32732
₽32924
₽33059
₽32420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
18 150
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
20 541
Employee
2 894
-
53 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
18 077
-
health
145
-
347
-
total
994
-
19 117
-
Employer
2 894
-
53 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
51 954
55 500
-
-
income
11 430
12 210
-
-
total
11 430
12 210
-
-
Dividends
40 524
43 290
-
-
withholding
8 105
8 658
-
-
total
8 105
8 658
-
-
Income
55 500
55 500
55 500
55 500
Total tax
21 180
20 868
20 676
20 541
After tax
34 320
34 632
34 824
34 959
Living cost
1 900
1 900
1 900
1 900
Free-cash
32 420
32 732
32 924
33 059

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23903
₽13609
₽11220
₽19294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
55 500
income
-
-
-
7 106
unemployment
-
-
-
832
health
-
-
-
5 716
pensions
-
-
-
14 430
total
-
-
-
28 084
Employee

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

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

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

24 423
-
47 074
-
unemployment
183
-
353
-
pensions
3 419
-
6 590
-
income
3 367
-
7 902
-
health
1 258
-
2 424
-
total
8 227
-
17 269
-
Employer

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

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

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

24 423
-
47 074
-
health
1 258
-
2 424
-
pensions
2 931
-
5 649
-
unemployment
183
-
353
-
total
4 372
-
8 426
-
Corporate
26 705
55 500
-
-
income
4 006
8 325
-
-
total
4 006
8 325
-
-
Dividends
22 699
47 175
-
-
withholding
3 405
7 076
-
-
total
3 405
7 076
-
-
Income
55 500
55 500
55 500
55 500
Total tax
20 010
15 401
25 695
28 084
After tax
35 490
40 099
29 805
27 416
Living cost
16 196
16 196
16 196
16 196
Free-cash
19 294
23 903
13 609
11 220

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6272
₽5115
₽6673
₽5934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 245
surtax
-
-
-
-
social contributions

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

-
-
-
19 286
total
-
-
-
23 531
Employee
36 418
-
44 848
-
surtax
-
-
-
-
social contributions
4 006
-
4 934
-
income
7 116
-
9 503
-
total
11 122
-
14 437
-
Employer
36 418
-
44 848
-
social contributions
8 648
-
10 652
-
total
8 648
-
10 652
-
Corporate
10 434
55 500
-
-
income
2 192
11 656
-
-
surtax
-
-
-
-
total
2 192
11 656
-
-
Dividends
8 242
43 844
-
-
withholding
2 308
12 276
-
-
total
2 308
12 276
-
-
Income
55 500
55 500
55 500
55 500
Total tax
24 270
23 932
25 089
23 531
After tax
31 230
31 568
30 411
31 969
Living cost
25 296
25 296
25 296
25 296
Free-cash
5 934
6 272
5 115
6 673

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4506
-₽2123
-₽2514
-₽4265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 388
other
-
-
-
55
unemployment
-
-
-
388
pensions
-
-
-
15 707
total
-
-
-
25 038
Employee
45 316
-
42 083
-
other
45
-
43
-
unemployment
702
-
652
-
pensions
2 130
-
1 978
-
income
9 465
-
8 557
-
total
12 342
-
11 230
-
Employer
45 316
-
42 083
-
pensions
10 694
-
9 932
-
accident
897
-
833
-
unemployment
2 493
-
2 315
-
other
363
-
337
-
total
14 447
-
13 417
-
Corporate
-
55 500
-
-
income

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

-
8 324
-
-
total
-
8 324
-
-
Dividends
-
47 176
-
-
withholding
-
9 694
-
-
total
-
9 694
-
-
Income
55 500
55 500
55 500
55 500
Total tax
26 789
18 018
24 647
25 038
After tax
28 711
37 482
30 853
30 462
Living cost
32 976
32 976
32 976
32 976
Free-cash
-4 265
4 506
-2 123
-2 514

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31315
₽23283
₽22289
₽25598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
income
-
-
-
8 325
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
17 074
Employee
21 368
-
49 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
4 907
-
health
983
-
1 507
-
total
5 231
-
9 651
-
Employer
21 368
-
49 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
29 940
55 500
-
-
income
2 994
5 550
-
-
total
2 994
5 550
-
-
Dividends
26 946
49 950
-
-
withholding
1 347
2 498
-
-
total
1 347
2 498
-
-
Income
55 500
55 500
55 500
55 500
Total tax
13 765
8 048
16 080
17 074
After tax
41 735
47 452
39 420
38 426
Living cost
16 137
16 137
16 137
16 137
Free-cash
25 598
31 315
23 283
22 289

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽7480
₽6148
₽4444
₽4796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income

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

-
-
-
6 366
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.

-
-
-
351
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.

-
-
-
6 410
trade
-
-
-
1 704
total
-
-
-
14 831
Employee

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

46 686
-
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.

212
-
351
-
income

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

3 839
-
6 366
-
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.

6 410
-
6 410
-
total
10 461
-
13 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 814
55 500
-
-
income
1 321
8 324
-
-
surtax

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

73
458
-
-
chamber of commerce
155
224
-
-
trade
1 264
7 965
-
-
total
2 813
16 971
-
-
Dividends
6 000
38 529
-
-
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.

62
509
-
-
withholding
1 143
9 275
-
-
total
1 205
9 784
-
-
Income
55 500
55 500
55 500
55 500
Total tax
14 479
26 755
13 127
14 831
After tax
41 021
28 745
42 373
40 669
Living cost
36 225
36 225
36 225
36 225
Free-cash
4 796
-7 480
6 148
4 444

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14600
-₽10242
-₽10242
-₽17898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 162
social contributions
-
-
-
4 130
total
-
-
-
12 292
Employee
73 396
-
55 500
-
income
13 850
-
8 162
-
social contributions
6 098
-
4 130
-
total
19 948
-
12 292
-
Employer
73 396
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
income
-
6 937
-
-
total
-
6 937
-
-
Dividends
-
48 563
-
-
withholding
-
9 713
-
-
total
-
9 713
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 948
16 650
12 292
12 292
After tax
35 552
38 850
43 208
43 208
Living cost
53 450
53 450
53 450
53 450
Free-cash
-17 898
-14 600
-10 242
-10 242

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2943
₽6103
-₽10957
₽2490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
51 184
-
income
4 671
-
6 704
-
social contributions
4 313
-
4 316
-
total
8 984
-
11 020
-
Employer
43 044
-
51 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
8 143
55 500
-
-
income
2 851
19 425
-
-
total
2 851
19 425
-
-
Dividends
5 293
36 075
-
-
social contributions
2 801
4 957
-
-
total
2 801
4 957
-
-
Income
55 500
55 500
55 500
55 500
Total tax
18 949
24 382
15 336
32 396
After tax
36 551
31 118
40 164
23 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
2 490
-2 943
6 103
-10 957

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6770
₽1173
₽6840
₽1479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 414
pensions
-
-
-
3 431
total
-
-
-
13 845
Employee
47 789
-
49 495
-
pensions
3 648
-
3 852
-
income
8 703
-
8 996
-
health
623
-
658
-
total
12 974
-
13 506
-
Employer
47 789
-
49 495
-
health
908
-
941
-
pensions
4 828
-
5 064
-
total
5 736
-
6 005
-
Corporate
1 974
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.

376
10 544
-
-
total
376
10 544
-
-
Dividends
1 599
44 956
-
-
withholding
120
3 371
-
-
total
120
3 371
-
-
Income
55 500
55 500
55 500
55 500
Total tax
19 206
13 915
19 511
13 845
After tax
36 294
41 585
35 989
41 655
Living cost
34 815
34 815
34 815
34 815
Free-cash
1 479
6 770
1 173
6 840

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18186
₽6627
₽15662
₽1017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
10 524
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
17 156
Employee
35 680
-
46 104
-
pensions
4 018
-
5 191
-
income
4 895
-
6 325
-
health
4 085
-
5 279
-
total
12 998
-
16 795
-
Employer
35 680
-
46 104
-
pensions
5 801
-
7 496
-
accident
596
-
770
-
unemployment
874
-
1 130
-
total
7 271
-
9 396
-
Corporate
12 549
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.

11 294
49 950
-
-
total
11 294
49 950
-
-
Dividends
1 255
5 550
-
-
withholding
238
1 054
-
-
total
238
1 054
-
-
Income
55 500
55 500
55 500
55 500
Total tax
31 801
51 004
26 191
17 156
After tax
23 699
4 496
29 309
38 344
Living cost
22 682
22 682
22 682
22 682
Free-cash
1 017
-18 186
6 627
15 662

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34498
₽20071
₽20071
₽29935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
55 500
income
-
-
-
7 490
unemployment
-
-
-
666
work injury
-
-
-
277
health insurance
-
-
-
4 107
pensions
-
-
-
10 212
total
-
-
-
22 752
Employee

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

20 283
-
55 500
-
health insurance
1 501
-
4 107
-
unemployment
243
-
666
-
work injury
101
-
277
-
pensions
3 732
-
10 212
-
income
2 028
-
7 490
-
total
7 605
-
22 752
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 217
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
35 217
55 500
-
-
withholding
5 283
8 325
-
-
total
5 283
8 325
-
-
Income
55 500
55 500
55 500
55 500
Total tax
12 888
8 325
22 752
22 752
After tax
42 612
47 175
32 748
32 748
Living cost
12 677
12 677
12 677
12 677
Free-cash
29 935
34 498
20 071
20 071

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8146
-₽10525
-₽7446
-₽23569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
55 500
social contributions
-
-
-
14 275
regional
-
-
-
859
municipal
-
-
-
370
national
-
-
-
10 062
total
-
-
-
25 566
Employee
79 067
-
55 500
-
municipal
472
-
331
-
national
13 362
-
8 864
-
regional
1 194
-
736
-
social contributions
26 661
-
18 714
-
total
41 689
-
28 645
-
Employer
79 067
-
55 500
-
total
-
-
-
-
Corporate
-
55 500
-
-
municipal
-
2 674
-
-
nationa
-
13 321
-
-
total
-
15 995
-
-
Dividends
-
39 505
-
-
withholding
-
10 271
-
-
total
-
10 271
-
-
Income
55 500
55 500
55 500
55 500
Total tax
41 689
26 266
28 645
25 566
After tax
13 811
29 234
26 855
29 934
Living cost
37 380
37 380
37 380
37 380
Free-cash
-23 569
-8 146
-10 525
-7 446

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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