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
₽ 57000
per

Your estimated
City
free-cash

Dresden , Germany
₽10582
₽24
₽14569
₽12580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
trade
-
-
-
1 989
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.

-
-
-
6 638
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.

-
-
-
6 520
surtax

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

-
-
-
366
total
-
-
-
15 513
Employee

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

36 503
-
57 000
-
surtax

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

56
-
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.

6 520
-
6 520
-
income

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

1 020
-
6 638
-
total
7 596
-
13 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 497
57 000
-
-
trade
3 227
8 978
-
-
income
3 075
8 550
-
-
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.

168
471
-
-
chamber of commerce
174
226
-
-
total
6 644
18 225
-
-
Dividends
13 852
38 775
-
-
withholding
3 101
9 331
-
-
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.

170
513
-
-
total
3 271
9 844
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 511
28 069
13 524
15 513
After tax
39 489
28 931
43 476
41 487
Living cost
28 907
28 907
28 907
28 907
Free-cash
10 582
24
14 569
12 580

Estimated living cost  is ₽28907 per week

₽18184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3370
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.
₽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 Dresden model

Close
Reykjavik , Iceland
-₽26141
-₽13603
-₽13041
-₽13489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
613
pensions
-
-
-
6 840
municipal
-
-
-
5 438
national
-
-
-
8 427
total
-
-
-
21 318
Employee
76 224
-
49 276
-
national
14 589
-
8 768
-
municipal
9 415
-
5 659
-
pensions
3 049
-
1 971
-
total
27 053
-
16 398
-
Employer
76 224
-
49 276
-
pensions
6 098
-
3 942
-
social contributions
819
-
530
-
total
6 917
-
4 472
-
Corporate
-
57 000
-
-
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%.

-
11 400
-
-
total
-
11 400
-
-
Dividends
-
45 600
-
-
withholding
-
10 032
-
-
total
-
10 032
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 970
21 432
20 870
21 318
After tax
23 030
35 568
36 130
35 682
Living cost
49 171
49 171
49 171
49 171
Free-cash
-26 141
-13 603
-13 041
-13 489

Estimated living cost  is ₽49171 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17917
₽25746
₽12710
₽25590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
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.

-
-
-
3 005
income
-
-
-
-
microenterprise
-
-
-
8 550
surtax
-
-
-
-
total
-
-
-
11 555
Employee
27 887
-
45 934
-
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.

3 068
-
5 053
-
income
4 964
-
8 316
-
total
8 032
-
13 369
-
Employer
27 887
-
45 934
-
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.

6 717
-
11 066
-
surtax
-
-
-
-
total
6 717
-
11 066
-
Corporate
22 395
57 000
-
-
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%.

4 479
11 399
-
-
total
4 479
11 399
-
-
Dividends

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

17 916
45 601
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 228
11 399
24 435
11 555
After tax
37 772
45 601
32 565
45 445
Living cost
19 855
19 855
19 855
19 855
Free-cash
17 917
25 746
12 710
25 590

Estimated living cost  is ₽19855 per week

₽12667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37770
-₽32413
-₽37770
-₽7411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
5 422
pensions
-
-
-
10 260
health
-
-
-
8 749
total
-
-
-
24 431
Employee
81 500
81 500
81 500
-
health
12 509
10 640
12 509
-
pensions
14 670
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
40 519
35 162
40 519
-
Employer
81 500
81 500
81 500
-
pensions
5 672
5 672
5 672
-
unemployment
2 934
2 934
2 934
-
health
5 665
5 665
5 665
-
total
14 271
14 271
14 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
54 790
49 433
54 790
24 431
After tax
2 210
7 567
2 210
32 569
Living cost
39 980
39 980
39 980
39 980
Free-cash
-37 770
-32 413
-37 770
-7 411

Estimated living cost  is ₽39980 per week

₽28333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17761
-₽8801
-₽9485
-₽11509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
6 623
unemployment
-
-
-
57
pensions
-
-
-
6 162
municipal
-
-
-
12 073
accident
-
-
-
114
national
-
-
-
-
health
-
-
-
3 557
total
-
-
-
28 586
Employee
56 887
-
43 372
-
national
-
-
-
-
municipal
16 964
-
12 934
-
total
16 964
-
12 934
-
Employer
56 887
-
43 372
-
other
6 610
-
5 040
-
accident
114
-
87
-
pensions
6 149
-
4 689
-
unemployment
1 502
-
1 145
-
health
3 499
-
2 667
-
total
17 874
-
13 628
-
Corporate
-
57 000
-
-
income
-
12 540
-
-
total
-
12 540
-
-
Dividends
-
44 460
-
-
withholding
-
13 338
-
-
total
-
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
34 838
25 878
26 562
28 586
After tax
22 162
31 122
30 438
28 414
Living cost
39 923
39 923
39 923
39 923
Free-cash
-17 761
-8 801
-9 485
-11 509

Estimated living cost  is ₽39923 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4557
-₽8853
₽5984
₽3907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
trade
-
-
-
2 077
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.

-
-
-
6 638
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.

-
-
-
6 520
surtax

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

-
-
-
366
total
-
-
-
15 601
Employee

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

48 398
-
57 000
-
surtax

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

228
-
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.

6 520
-
6 520
-
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.

4 158
-
6 638
-
total
10 906
-
13 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 602
57 000
-
-
trade
1 414
9 376
-
-
income
1 290
8 550
-
-
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.

71
471
-
-
chamber of commerce
158
226
-
-
total
2 933
18 623
-
-
Dividends
5 669
38 376
-
-
withholding
1 054
9 231
-
-
surtax

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

58
507
-
-
total
1 112
9 738
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 951
28 361
13 524
15 601
After tax
42 049
28 639
43 476
41 399
Living cost
37 492
37 492
37 492
37 492
Free-cash
4 557
-8 853
5 984
3 907

Estimated living cost  is ₽37492 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7032
₽4464
₽8177
₽13430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 893
income
-
-
-
2 268
health
-
-
-
1 454
total
-
-
-
12 615
Employee
73 387
73 387
73 387
-
health
730
1 248
880
-
social contributions
3 566
6 091
4 294
-
income
7 706
6 793
7 442
-
total
12 002
14 132
12 616
-
Employer
73 387
73 387
73 387
-
social contributions
3 566
6 091
4 294
-
health
795
1 358
958
-
total
4 361
7 449
5 252
-
Corporate
9 681
-
-
-
income
1 210
-
-
-
total
1 210
-
-
-
Dividends
8 472
-
-
-
withholding
1 440
-
-
-
total
1 440
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 013
21 581
17 868
12 615
After tax
37 987
35 419
39 132
44 385
Living cost
30 955
30 955
30 955
30 955
Free-cash
7 032
4 464
8 177
13 430

Estimated living cost  is ₽30955 per week

₽21161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14870
₽14501
₽15284
₽21727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
855
income
-
-
-
6 968
pensions
-
-
-
5 700
health
-
-
-
3 990
total
-
-
-
17 513
Employee

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
47 699
-
unemployment
385
153
715
-
health
1 795
714
3 339
-
pensions
2 564
1 020
4 770
-
income
3 134
1 247
5 831
-
total
7 878
3 134
14 655
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 636
10 203
47 699
-
pensions
4 999
1 990
9 301
-
total
4 999
1 990
9 301
-
Corporate
26 365
44 808
-
-
income
2 373
4 033
-
-
total
2 373
4 033
-
-
Dividends
23 992
40 775
-
-
withholding
4 558
7 747
-
-
social contributions
4 562
7 835
-
-
total
9 120
15 582
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 370
24 739
23 956
17 513
After tax
32 630
32 261
33 044
39 487
Living cost
17 760
17 760
17 760
17 760
Free-cash
14 870
14 501
15 284
21 727

Estimated living cost  is ₽17760 per week

₽12119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16619
₽22549
₽10313
₽8328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
6 810
pensions
-
-
-
11 401
health
-
-
-
7 409
total
-
-
-
25 620
Employee
27 074
-
42 600
-
unemployment
433
-
681
-
pensions
542
-
851
-
income
3 048
-
7 706
-
total
4 023
-
9 238
-
Employer
27 074
-
42 600
-
pensions
5 415
-
8 519
-
unemployment
217
-
340
-
health
3 519
-
5 538
-
total
9 151
-
14 397
-
Corporate
20 774
57 000
-
-
income
4 155
11 399
-
-
total
4 155
11 399
-
-
Dividends
16 620
45 601
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 329
11 399
23 635
25 620
After tax
39 671
45 601
33 365
31 380
Living cost
23 052
23 052
23 052
23 052
Free-cash
16 619
22 549
10 313
8 328

Estimated living cost  is ₽23052 per week

₽15811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1321
-₽16856
₽8628
₽17906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
362
income
-
-
-
10 823
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
17 621
Employee
33 778
-
47 350
-
health
3 868
-
5 422
-
pensions
3 804
-
5 331
-
income
4 634
-
6 496
-
total
12 306
-
17 249
-
Employer
33 778
-
47 350
-
accident
564
-
791
-
pensions
5 493
-
7 699
-
unemployment
828
-
1 160
-
total
6 885
-
9 650
-
Corporate
16 338
57 000
-
-
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.

14 704
51 300
-
-
total
14 704
51 300
-
-
Dividends
1 634
5 700
-
-
withholding
311
1 083
-
-
total
311
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
34 206
52 383
26 899
17 621
After tax
22 794
4 617
30 101
39 379
Living cost
21 473
21 473
21 473
21 473
Free-cash
1 321
-16 856
8 628
17 906

Estimated living cost  is ₽21473 per week

₽15738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44852
₽46320
₽37770
₽48600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 000
microenterprise

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

-
-
-
570
total
-
-
-
570
Employee
9 788
-
57 000
-
income
1 957
-
11 400
-
total
1 957
-
11 400
-
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%.

47 212
57 000
-
-
total
-
-
-
-
Dividends
47 212
57 000
-
-
withholding
2 361
2 850
-
-
total
2 361
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 318
2 850
11 400
570
After tax
52 682
54 150
45 600
56 430
Living cost
7 830
7 830
7 830
7 830
Free-cash
44 852
46 320
37 770
48 600

Estimated living cost  is ₽7830 per week

₽4853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10002
₽16449
₽7979
₽5436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
2 708
income
-
-
-
7 239
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.

-
-
-
13 679
health
-
-
-
2 508
total
-
-
-
26 134
Employee
34 652
-
45 528
-
unemployment
346
-
455
-
health
485
-
638
-
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.

2 425
-
3 188
-
income
5 966
-
7 837
-
total
9 222
-
12 118
-
Employer
34 652
-
45 528
-
other
1 733
-
2 277
-
accident
277
-
364
-
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.

5 892
-
7 739
-
unemployment
346
-
455
-
health
485
-
638
-
total
8 733
-
11 473
-
Corporate
13 614
57 000
-
-
income
2 860
11 970
-
-
total
2 860
11 970
-
-
Dividends
10 755
45 030
-
-
withholding
753
3 151
-
-
total
753
3 151
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 568
15 121
23 591
26 134
After tax
35 432
41 879
33 409
30 866
Living cost
25 430
25 430
25 430
25 430
Free-cash
10 002
16 449
7 979
5 436

Estimated living cost  is ₽25430 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45191
-₽20812
-₽26602
-₽20755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 691
pensions
-
-
-
3 543
total
-
-
-
14 234
Employee
89 873
-
50 813
-
health
1 481
-
680
-
pensions
8 670
-
3 983
-
income
16 201
-
9 231
-
total
26 352
-
13 894
-
Employer
89 873
-
50 813
-
pensions
10 611
-
5 221
-
health
1 707
-
966
-
total
12 318
-
6 187
-
Corporate
-
57 000
-
-
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.

-
10 829
-
-
total
-
10 829
-
-
Dividends
-
46 171
-
-
withholding
-
3 462
-
-
total
-
3 462
-
-
Income
57 000
57 000
57 000
57 000
Total tax
38 670
14 291
20 081
14 234
After tax
18 330
42 709
36 919
42 766
Living cost
63 521
63 521
63 521
63 521
Free-cash
-45 191
-20 812
-26 602
-20 755

Estimated living cost  is ₽63521 per week

₽47598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31738
₽36184
₽28002
₽26971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
134
income
-
-
-
8 550
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
17 478
Employee
16 619
-
50 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
5 044
-
total
4 068
-
9 886
-
Employer
16 619
-
50 440
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
37 120
57 000
-
-
income
3 712
5 700
-
-
total
3 712
5 700
-
-
Dividends
33 407
51 300
-
-
withholding
1 670
2 565
-
-
total
1 670
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 711
8 265
16 447
17 478
After tax
44 289
48 735
40 553
39 522
Living cost
12 551
12 551
12 551
12 551
Free-cash
31 738
36 184
28 002
26 971

Estimated living cost  is ₽12551 per week

₽7327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽46976
-₽45355
-₽50712
-₽20353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
5 422
pensions
-
-
-
10 260
health
-
-
-
8 749
total
-
-
-
24 431
Employee
88 483
81 500
81 500
-
health
11 039
10 640
12 509
-
pensions
11 182
11 182
14 670
-
income

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

13 340
13 340
13 340
-
total
35 561
35 162
40 519
-
Employer
88 483
81 500
81 500
-
pensions
6 158
5 672
5 672
-
unemployment
3 186
2 934
2 934
-
health
6 149
5 665
5 665
-
total
15 493
14 271
14 271
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
51 054
49 433
54 790
24 431
After tax
5 946
7 567
2 210
32 569
Living cost
52 922
52 922
52 922
52 922
Free-cash
-46 976
-45 355
-50 712
-20 353

Estimated living cost  is ₽52922 per week

₽39038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
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.
₽8550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6865
₽15379
₽5060
₽3896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
income
-
-
-
4 899
health
-
-
-
7 695
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
35 096
-
42 537
-
solidarity contribution
-
-
-
-
health
4 738
-
5 743
-
social contributions
2 281
-
2 765
-
income
4 212
-
5 104
-
total
11 231
-
13 612
-
Employer
35 096
-
42 537
-
social contributions
8 774
-
10 634
-
health
3 159
-
3 828
-
total
11 933
-
14 462
-
Corporate
9 971
57 000
-
-
income
1 894
10 830
-
-
total
1 894
10 830
-
-
Dividends
8 076
46 170
-
-
withholding
1 211
6 925
-
-
total
1 211
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 269
17 755
28 074
29 238
After tax
30 731
39 245
28 926
27 762
Living cost
23 866
23 866
23 866
23 866
Free-cash
6 865
15 379
5 060
3 896

Estimated living cost  is ₽23866 per week

₽16577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
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.
₽5121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽27818
-₽9858
-₽12410
-₽9189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
regional
-
-
-
573
social contributions
-
-
-
14 661
municipal
-
-
-
339
national
-
-
-
10 345
total
-
-
-
25 918
Employee
84 819
-
57 000
-
national
14 697
-
9 113
-
regional
800
-
503
-
municipal
449
-
302
-
social contributions
28 601
-
19 221
-
total
44 547
-
29 139
-
Employer
84 819
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
nationa
-
13 679
-
-
municipal
-
2 222
-
-
total
-
15 901
-
-
Dividends
-
41 098
-
-
withholding
-
10 686
-
-
total
-
10 686
-
-
Income
57 000
57 000
57 000
57 000
Total tax
44 547
26 587
29 139
25 918
After tax
12 453
30 413
27 861
31 082
Living cost
40 271
40 271
40 271
40 271
Free-cash
-27 818
-9 858
-12 410
-9 189

Estimated living cost  is ₽40271 per week

₽28072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11824
₽14794
₽9741
₽10974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
8 728
pensions
-
-
-
11 399
health
-
-
-
4 048
surtax
-
-
-
574
total
-
-
-
24 966
Employee
31 561
-
47 088
-
surtax
103
-
482
-
unemployment
2 197
-
3 278
-
other
-
-
-
-
health
806
-
1 201
-
pensions
2 105
-
3 140
-
income
5 290
-
8 186
-
total
10 501
-
16 287
-
Employer
31 561
-
47 088
-
other
-
-
-
-
pensions
4 207
-
6 277
-
unemployment
1 000
-
1 492
-
health
1 436
-
2 143
-
total
6 643
-
9 912
-
Corporate
18 796
57 000
-
-
income
4 886
14 820
-
-
total
4 886
14 820
-
-
Dividends
13 910
42 180
-
-
withholding
2 086
6 326
-
-
total
2 086
6 326
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 116
21 146
26 199
24 966
After tax
32 884
35 854
30 801
32 034
Living cost
21 060
21 060
21 060
21 060
Free-cash
11 824
14 794
9 741
10 974

Estimated living cost  is ₽21060 per week

₽12877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10894
-₽687
-₽6477
-₽630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 691
pensions
-
-
-
3 543
total
-
-
-
14 234
Employee
60 231
-
50 813
-
health
874
-
680
-
pensions
5 112
-
3 983
-
income
10 848
-
9 231
-
total
16 834
-
13 894
-
Employer
60 231
-
50 813
-
pensions
6 520
-
5 221
-
health
1 144
-
966
-
total
7 664
-
6 187
-
Corporate
-
57 000
-
-
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.

-
10 829
-
-
total
-
10 829
-
-
Dividends
-
46 171
-
-
withholding
-
3 462
-
-
total
-
3 462
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 498
14 291
20 081
14 234
After tax
32 502
42 709
36 919
42 766
Living cost
43 396
43 396
43 396
43 396
Free-cash
-10 894
-687
-6 477
-630

Estimated living cost  is ₽43396 per week

₽32512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40165
-₽49742
-₽30359
-₽27470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
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.

-
-
-
1 141
city
-
-
-
600
regional
-
-
-
1 260
pensions
-
-
-
5 245
national
-
-
-
171
health
-
-
-
247
total
-
-
-
8 664
Employee
88 713
-
51 019
-
national
420
-
138
-
unemployment
-
-
-
-
city
952
-
549
-
regional
2 905
-
1 046
-
health
201
-
115
-
pensions
7 453
-
4 285
-
total
11 931
-
6 133
-
Employer
88 713
-
51 019
-
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.

1 774
-
1 020
-
pensions
7 453
-
4 285
-
unemployment
-
-
-
-
health
201
-
115
-
total
9 428
-
5 420
-
Corporate
-
57 000
-
-
regional
-
12 056
-
-
national
-
4 844
-
-
total
-
16 900
-
-
Dividends
-
40 100
-
-
withholding
-
14 036
-
-
total
-
14 036
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 359
30 936
11 553
8 664
After tax
35 641
26 064
45 447
48 336
Living cost
75 806
75 806
75 806
75 806
Free-cash
-40 165
-49 742
-30 359
-27 470

Estimated living cost  is ₽75806 per week

₽49296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽356
-₽15376
-₽244
-₽2410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
trade
-
-
-
2 166
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.

-
-
-
6 638
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.

-
-
-
6 520
surtax

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

-
-
-
366
total
-
-
-
15 690
Employee

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

57 356
-
57 000
-
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.

371
-
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.

6 520
-
6 520
-
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.

6 745
-
6 638
-
total
13 636
-
13 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
57 000
-
-
trade
-
9 776
-
-
income
-
8 550
-
-
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.

-
471
-
-
chamber of commerce
-
225
-
-
total
-
19 022
-
-
Dividends
-
37 978
-
-
withholding
-
9 132
-
-
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.

-
502
-
-
total
-
9 634
-
-
Income
57 000
57 000
57 000
57 000
Total tax
13 636
28 656
13 524
15 690
After tax
43 364
28 344
43 476
41 310
Living cost
43 720
43 720
43 720
43 720
Free-cash
-356
-15 376
-244
-2 410

Estimated living cost  is ₽43720 per week

₽31932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1714
-₽3925
₽1909
₽1455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 768
social contributions
-
-
-
1 625
income
-
-
-
2 661
pensions
-
-
-
16 345
health
-
-
-
494
surtax
-
-
-
-
total
-
-
-
22 893
Employee
40 846
-
43 435
-
surtax
-
-
-
-
pensions
4 618
-
4 912
-
social contributions
1 165
-
1 239
-
income
2 411
-
2 724
-
total
8 194
-
8 875
-
Employer
40 846
-
43 435
-
other
1 409
-
1 498
-
pensions
6 710
-
7 136
-
unemployment
1 654
-
1 759
-
social contributions
123
-
130
-
health
2 860
-
3 041
-
total
12 756
-
13 564
-
Corporate
3 399
57 000
-
-
income
951
15 959
-
-
surtax
-
-
-
-
total
951
15 959
-
-
Dividends
2 448
41 041
-
-
withholding
313
5 254
-
-
social contributions
420
7 060
-
-
surtax
-
-
-
-
total
733
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 634
28 273
22 439
22 893
After tax
34 366
28 727
34 561
34 107
Living cost
32 652
32 652
32 652
32 652
Free-cash
1 714
-3 925
1 909
1 455

Estimated living cost  is ₽32652 per week

₽20589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4611
-₽690
₽5144
₽4690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 768
social contributions
-
-
-
1 625
income
-
-
-
2 661
pensions
-
-
-
16 345
health
-
-
-
494
surtax
-
-
-
-
total
-
-
-
22 893
Employee
36 461
-
43 435
-
surtax
-
-
-
-
pensions
4 124
-
4 912
-
social contributions
1 040
-
1 239
-
income
1 880
-
2 724
-
total
7 044
-
8 875
-
Employer
36 461
-
43 435
-
other
1 259
-
1 498
-
pensions
5 991
-
7 136
-
unemployment
1 476
-
1 759
-
social contributions
109
-
130
-
health
2 552
-
3 041
-
total
11 387
-
13 564
-
Corporate
9 153
57 000
-
-
income
2 563
15 959
-
-
surtax
-
-
-
-
total
2 563
15 959
-
-
Dividends
6 590
41 041
-
-
withholding
844
5 254
-
-
social contributions
1 134
7 060
-
-
surtax
-
-
-
-
total
1 978
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 972
28 273
22 439
22 893
After tax
34 028
28 727
34 561
34 107
Living cost
29 417
29 417
29 417
29 417
Free-cash
4 611
-690
5 144
4 690

Estimated living cost  is ₽29417 per week

₽17061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15033
₽14536
₽13852
₽16368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
7 866
income
-
-
-
8 550
health
-
-
-
3 979
total
-
-
-
20 395
Employee
32 359
-
57 000
-
health
2 258
-
3 979
-
social contributions
4 466
-
7 866
-
income
5 397
-
11 066
-
total
12 121
-
22 911
-
Employer
32 359
-
57 000
-
total
-
-
-
-
Corporate
24 641
57 000
-
-
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%.

1 232
2 851
-
-
total
1 232
2 851
-
-
Dividends
23 409
54 149
-
-
health
1 634
3 780
-
-
withholding
3 512
8 123
-
-
social contributions
3 231
7 473
-
-
total
8 377
19 376
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 730
22 227
22 911
20 395
After tax
35 270
34 773
34 089
36 605
Living cost
20 237
20 237
20 237
20 237
Free-cash
15 033
14 536
13 852
16 368

Estimated living cost  is ₽20237 per week

₽13543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5516
-₽1029
-₽12031
-₽2248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
chamber of commerce
-
-
-
228
unemployment
-
-
-
5 854
income
-
-
-
4 444
pensions
-
-
-
10 544
health
-
-
-
4 361
surtax
-
-
-
188
total
-
-
-
25 619
Employee
47 695
38 033
44 114
-
unemployment
1 431
1 141
1 324
-
other
476
380
442
-
health
1 846
1 472
1 708
-
pensions
4 885
3 894
4 517
-
income
5 430
2 805
4 403
-
total
14 068
9 692
12 394
-
Employer
47 695
38 033
44 114
-
payroll
1 431
1 141
1 324
-
other
2 266
1 806
2 095
-
accident
619
494
574
-
pensions
5 986
4 774
5 537
-
unemployment
1 431
1 141
1 324
-
chamber of commerce
190
152
176
-
surtax
188
188
188
-
health
1 802
1 438
1 668
-
total
13 913
11 134
12 886
-
Corporate
3 622
7 832
40 492
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

906
1 958
10 122
-
total
906
1 958
10 122
-
Dividends
-
5 874
-
-
withholding
-
1 616
-
-
total
-
1 616
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 887
24 400
35 402
25 619
After tax
28 113
32 600
21 598
31 381
Living cost
33 629
33 629
33 629
33 629
Free-cash
-5 516
-1 029
-12 031
-2 248

Estimated living cost  is ₽33629 per week

₽22429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽31139
-₽2690
-₽10474
-₽4491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
6 817
national
-
-
-
16 864
communal

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

-
-
-
3 012
total
-
-
-
26 693
Employee

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

68 267
-
44 148
-
national
20 988
-
11 753
-
unemployment

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

594
-
384
-
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.

3 207
-
2 074
-
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.

5 120
-
3 311
-
communal

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

3 561
-
2 302
-
total
33 470
-
19 824
-
Employer

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

68 267
-
44 148
-
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.

887
-
574
-
pensions

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

6 049
-
3 912
-
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.

996
-
645
-
surtax
7 741
-
5 006
-
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.

4 198
-
2 715
-
total
19 871
-
12 852
-
Corporate
-
57 000
-
-
income
-
11 399
-
-
surtax
-
228
-
-
total
-
11 627
-
-
Dividends
-
45 373
-
-
withholding

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

-
13 265
-
-
total
-
13 265
-
-
Income
57 000
57 000
57 000
57 000
Total tax
53 341
24 892
32 676
26 693
After tax
3 659
32 108
24 324
30 307
Living cost
34 798
34 798
34 798
34 798
Free-cash
-31 139
-2 690
-10 474
-4 491

Estimated living cost  is ₽34798 per week

₽22414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5651
₽4026
-₽2808
-₽3213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
56
unemployment
-
-
-
398
income
-
-
-
8 647
pensions
-
-
-
16 132
accident
-
-
-
513
total
-
-
-
25 746
Employee
47 506
-
43 219
-
unemployment
737
-
670
-
other
47
-
43
-
pensions
2 233
-
2 032
-
income
10 024
-
8 819
-
total
13 041
-
11 564
-
Employer
47 506
-
43 219
-
other
379
-
346
-
accident
940
-
855
-
pensions
11 211
-
10 200
-
unemployment
2 613
-
2 376
-
total
15 143
-
13 777
-
Corporate
-
57 000
-
-
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.

-
8 550
-
-
total
-
8 550
-
-
Dividends
-
48 450
-
-
withholding
-
9 957
-
-
total
-
9 957
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 184
18 507
25 341
25 746
After tax
28 816
38 493
31 659
31 254
Living cost
34 467
34 467
34 467
34 467
Free-cash
-5 651
4 026
-2 808
-3 213

Estimated living cost  is ₽34467 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23909
-₽16129
-₽13192
-₽14333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
2 543
pensions
-
-
-
9 121
accident
-
-
-
513
communal
-
-
-
-
health
-
-
-
4 274
surtax
-
-
-
3 017
total
-
-
-
19 468
Employee
72 274
-
50 916
-
surtax
4 430
-
3 121
-
health
3 217
-
2 266
-
pensions
5 781
-
4 073
-
income
6 981
-
2 784
-
total
20 409
-
12 244
-
Employer
72 274
-
50 916
-
accident
650
-
458
-
pensions
5 781
-
4 073
-
health
2 204
-
1 552
-
total
8 635
-
6 083
-
Corporate
-
57 000
-
-
income
-
8 550
-
-
communal
-
3 847
-
-
surtax
-
598
-
-
total
-
12 995
-
-
Dividends
-
44 005
-
-
withholding
-
6 601
-
-
income
-
1 668
-
-
total
-
8 269
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 044
21 264
18 327
19 468
After tax
27 956
35 736
38 673
37 532
Living cost
51 865
51 865
51 865
51 865
Free-cash
-23 909
-16 129
-13 192
-14 333

Estimated living cost  is ₽51865 per week

₽38906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11380
₽14418
₽9365
₽10598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
8 728
pensions
-
-
-
11 399
health
-
-
-
4 048
surtax
-
-
-
574
total
-
-
-
24 966
Employee
32 140
-
47 088
-
surtax
114
-
482
-
unemployment
2 237
-
3 278
-
other
-
-
-
-
health
820
-
1 201
-
pensions
2 144
-
3 140
-
income
5 388
-
8 186
-
total
10 703
-
16 287
-
Employer
32 140
-
47 088
-
other
-
-
-
-
pensions
4 285
-
6 277
-
unemployment
1 020
-
1 492
-
health
1 462
-
2 143
-
total
6 767
-
9 912
-
Corporate
18 094
57 000
-
-
income
4 705
14 820
-
-
total
4 705
14 820
-
-
Dividends
13 388
42 180
-
-
withholding
2 009
6 326
-
-
total
2 009
6 326
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 184
21 146
26 199
24 966
After tax
32 816
35 854
30 801
32 034
Living cost
21 436
21 436
21 436
21 436
Free-cash
11 380
14 418
9 365
10 598

Estimated living cost  is ₽21436 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2133
₽4253
₽1888
₽5087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
regional
-
-
-
859
social contributions
-
-
-
14 661
municipal
-
-
-
339
national
-
-
-
10 345
total
-
-
-
26 204
Employee
52 941
-
57 000
-
national
8 387
-
9 113
-
regional
713
-
767
-
municipal
281
-
302
-
social contributions
17 852
-
19 221
-
total
27 233
-
29 403
-
Employer
52 941
-
57 000
-
total
-
-
-
-
Corporate
4 059
57 000
-
-
nationa
974
13 679
-
-
municipal
201
2 833
-
-
total
1 175
16 512
-
-
Dividends
2 884
40 488
-
-
withholding
750
10 526
-
-
total
750
10 526
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 158
27 038
29 403
26 204
After tax
27 842
29 962
27 597
30 796
Living cost
25 709
25 709
25 709
25 709
Free-cash
2 133
4 253
1 888
5 087

Estimated living cost  is ₽25709 per week

₽15988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽952
₽9836
-₽483
-₽1647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
income
-
-
-
4 899
health
-
-
-
7 695
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
43 248
-
42 537
-
solidarity contribution
-
-
-
-
health
5 838
-
5 743
-
social contributions
2 811
-
2 765
-
income
5 190
-
5 104
-
total
13 839
-
13 612
-
Employer
43 248
-
42 537
-
social contributions
10 812
-
10 634
-
health
3 892
-
3 828
-
total
14 704
-
14 462
-
Corporate
-
57 000
-
-
income
-
10 830
-
-
total
-
10 830
-
-
Dividends
-
46 170
-
-
withholding
-
6 925
-
-
total
-
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 543
17 755
28 074
29 238
After tax
28 457
39 245
28 926
27 762
Living cost
29 409
29 409
29 409
29 409
Free-cash
-952
9 836
-483
-1 647

Estimated living cost  is ₽29409 per week

₽21870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1719
₽2255
-₽8808
₽1121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
chamber of commerce
-
-
-
228
unemployment
-
-
-
5 854
income
-
-
-
4 444
pensions
-
-
-
10 544
health
-
-
-
4 361
surtax
-
-
-
-
total
-
-
-
25 431
Employee
41 719
38 033
44 261
-
unemployment
1 251
1 141
1 328
-
other
417
380
442
-
health
1 614
1 472
1 713
-
pensions
4 272
3 894
4 531
-
income
3 716
2 805
4 446
-
total
11 270
9 692
12 460
-
Employer
41 719
38 033
44 261
-
payroll
1 251
1 141
1 328
-
other
1 981
1 806
2 103
-
accident
542
494
576
-
pensions
5 236
4 774
5 555
-
unemployment
1 251
1 141
1 328
-
chamber of commerce
167
152
177
-
surtax
-
-
-
-
health
1 577
1 438
1 673
-
total
12 005
10 946
12 740
-
Corporate
3 622
8 020
40 638
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

906
2 005
10 160
-
total
906
2 005
10 160
-
Dividends
2 370
6 015
-
-
withholding
652
1 654
-
-
total
652
1 654
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 833
24 297
35 360
25 431
After tax
32 167
32 703
21 640
31 569
Living cost
30 448
30 448
30 448
30 448
Free-cash
1 719
2 255
-8 808
1 121

Estimated living cost  is ₽30448 per week

₽18265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3110
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.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39660
₽41948
₽33398
₽44228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 000
microenterprise

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

-
-
-
570
total
-
-
-
570
Employee
15 253
-
57 000
-
income
3 051
-
11 400
-
total
3 051
-
11 400
-
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%.

41 747
57 000
-
-
total
-
-
-
-
Dividends
41 747
57 000
-
-
withholding
2 087
2 850
-
-
total
2 087
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
5 138
2 850
11 400
570
After tax
51 862
54 150
45 600
56 430
Living cost
12 202
12 202
12 202
12 202
Free-cash
39 660
41 948
33 398
44 228

Estimated living cost  is ₽12202 per week

₽8257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5661
₽13645
₽3944
₽5577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
unemployment
-
-
-
85
income
-
-
-
9 720
pensions
-
-
-
10 410
health
-
-
-
5 609
total
-
-
-
25 824
Employee

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

42 203
-
49 321
-
unemployment
60
-
69
-
health
2 726
-
3 186
-
pensions
6 542
-
7 645
-
income
7 278
-
8 879
-
total
16 606
-
19 779
-
Employer

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

42 203
-
49 321
-
pensions
3 735
-
4 365
-
unemployment
25
-
29
-
health
2 811
-
3 284
-
total
6 571
-
7 678
-
Corporate
8 227
57 000
-
-
income
1 563
10 830
-
-
total
1 563
10 830
-
-
Dividends
6 664
46 170
-
-
withholding
1 000
6 926
-
-
total
1 000
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 740
17 756
27 457
25 824
After tax
31 260
39 244
29 543
31 176
Living cost
25 599
25 599
25 599
25 599
Free-cash
5 661
13 645
3 944
5 577

Estimated living cost  is ₽25599 per week

₽17568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽85503
-₽6559
₽3189
-₽1846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
6 498
income
-
-
-
11 110
total
-
-
-
17 608
Employee
59 130
-
-
-
social contributions
4 849
-
691
-
income
13 043
-
-
-
total
17 892
-
691
-
Employer
59 130
-
-
-
social contributions
83 373
-
11 882
-
total
83 373
-
11 882
-
Corporate
-
57 000
-
-
income
-
12 540
-
-
total
-
12 540
-
-
Dividends
-
44 460
-
-
income
-
9 781
-
-
total
-
9 781
-
-
Income
57 000
57 000
57 000
57 000
Total tax
101 265
22 321
12 573
17 608
After tax
-44 265
34 679
44 427
39 392
Living cost
41 238
41 238
41 238
41 238
Free-cash
-85 503
-6 559
3 189
-1 846

Estimated living cost  is ₽41238 per week

₽26757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1526
₽2485
₽1252
₽2874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
social contributions

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

-
-
-
19 808
income
-
-
-
4 382
surtax
-
-
-
-
total
-
-
-
24 190
Employee
43 894
-
46 061
-
surtax
-
-
-
-
social contributions
4 828
-
5 067
-
income
9 130
-
9 806
-
total
13 958
-
14 873
-
Employer
43 894
-
46 061
-
social contributions
10 425
-
10 939
-
total
10 425
-
10 939
-
Corporate
2 681
57 000
-
-
income
563
11 970
-
-
surtax
-
-
-
-
total
563
11 970
-
-
Dividends
2 118
45 030
-
-
withholding
592
12 609
-
-
total
592
12 609
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 538
24 579
25 812
24 190
After tax
31 462
32 421
31 188
32 810
Living cost
29 936
29 936
29 936
29 936
Free-cash
1 526
2 485
1 252
2 874

Estimated living cost  is ₽29936 per week

₽22398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21442
-₽17368
-₽11534
-₽11988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 768
social contributions
-
-
-
1 625
income
-
-
-
2 661
pensions
-
-
-
16 345
health
-
-
-
494
surtax
-
-
-
-
total
-
-
-
22 893
Employee
59 774
-
43 435
-
surtax
-
-
-
-
pensions
6 761
-
4 912
-
social contributions
1 702
-
1 239
-
income
5 215
-
2 724
-
total
13 678
-
8 875
-
Employer
59 774
-
43 435
-
other
2 063
-
1 498
-
pensions
9 822
-
7 136
-
unemployment
2 421
-
1 759
-
social contributions
179
-
130
-
health
4 184
-
3 041
-
total
18 669
-
13 564
-
Corporate
-
57 000
-
-
income
-
15 959
-
-
surtax
-
-
-
-
total
-
15 959
-
-
Dividends
-
41 041
-
-
withholding
-
5 254
-
-
social contributions
-
7 060
-
-
surtax
-
-
-
-
total
-
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 347
28 273
22 439
22 893
After tax
24 653
28 727
34 561
34 107
Living cost
46 095
46 095
46 095
46 095
Free-cash
-21 442
-17 368
-11 534
-11 988

Estimated living cost  is ₽46095 per week

₽31196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19405
₽22612
₽17323
₽15723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
49
social contributions
-
-
-
12 540
total
-
-
-
12 589
Employee
30 682
-
49 352
-
social contributions
1 994
-
3 207
-
income
-
-
134
-
total
1 994
-
3 341
-
Employer
30 682
-
49 352
-
social contributions
4 756
-
7 648
-
total
4 756
-
7 648
-
Corporate
21 562
57 000
-
-
income
2 157
5 700
-
-
total
2 157
5 700
-
-
Dividends
19 405
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
8 907
5 700
10 989
12 589
After tax
48 093
51 300
46 011
44 411
Living cost
28 688
28 688
28 688
28 688
Free-cash
19 405
22 612
17 323
15 723

Estimated living cost  is ₽28688 per week

₽18549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽7436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽150641
-₽150641
-₽150641
-₽9043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
pensions
-
-
-
826
municipal
-
-
-
9 365
labour market
-
-
-
4 494
national
-
-
-
5 461
total
-
-
-
20 146
Employee
193 721
193 721
193 721
-
national
23 667
23 667
23 667
-
municipal
41 252
41 252
41 252
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
total
80 670
80 670
80 670
-
Employer
193 721
193 721
193 721
-
municipal
41 317
41 317
41 317
-
pensions
551
551
551
-
national
23 708
23 708
23 708
-
labour market
15 498
15 498
15 498
-
total
81 074
81 074
81 074
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
161 744
161 744
161 744
20 146
After tax
-104 744
-104 744
-104 744
36 854
Living cost
45 897
45 897
45 897
45 897
Free-cash
-150 641
-150 641
-150 641
-9 043

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1371
-₽16539
₽8945
₽18223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
362
income
-
-
-
10 823
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
17 621
Employee
33 280
-
47 350
-
health
3 811
-
5 422
-
pensions
3 748
-
5 331
-
income
4 566
-
6 496
-
total
12 125
-
17 249
-
Employer
33 280
-
47 350
-
accident
556
-
791
-
pensions
5 411
-
7 699
-
unemployment
816
-
1 160
-
total
6 783
-
9 650
-
Corporate
16 937
57 000
-
-
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.

15 243
51 300
-
-
total
15 243
51 300
-
-
Dividends
1 694
5 700
-
-
withholding
322
1 083
-
-
total
322
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
34 473
52 383
26 899
17 621
After tax
22 527
4 617
30 101
39 379
Living cost
21 156
21 156
21 156
21 156
Free-cash
1 371
-16 539
8 945
18 223

Estimated living cost  is ₽21156 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2685
₽2665
-₽1548
₽7248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
57 000
municipal
-
-
-
10 173
national
-
-
-
2 458
health
-
-
-
480
total
-
-
-
13 111
Employee
50 212
-
47 952
-
national
829
-
706
-
unemployment
753
-
719
-
health
375
-
340
-
municipal
8 224
-
7 858
-
pensions
3 389
-
3 236
-
total
13 570
-
12 859
-
Employer
50 212
-
47 952
-
accident
51
-
47
-
pensions
8 711
-
8 320
-
unemployment
326
-
312
-
health
386
-
369
-
total
9 474
-
9 048
-
Corporate
-
57 000
-
-
income
-
11 399
-
-
total
-
11 399
-
-
Dividends

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

-
34 201
-
-
municipal
-
6 156
-
-
national
-
139
-
-
total
-
6 295
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 044
17 694
21 907
13 111
After tax
33 956
39 306
35 093
43 889
Living cost
36 641
36 641
36 641
36 641
Free-cash
-2 685
2 665
-1 548
7 248

Estimated living cost  is ₽36641 per week

₽23934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14652
₽13323
₽17036
₽22289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 893
income
-
-
-
2 268
health
-
-
-
1 454
total
-
-
-
12 615
Employee
73 387
73 387
73 387
-
health
569
1 248
880
-
social contributions
2 775
6 091
4 294
-
income
7 991
6 793
7 442
-
total
11 335
14 132
12 616
-
Employer
73 387
73 387
73 387
-
social contributions
2 775
6 091
4 294
-
health
618
1 358
958
-
total
3 393
7 449
5 252
-
Corporate
20 177
-
-
-
income
2 523
-
-
-
total
2 523
-
-
-
Dividends
17 655
-
-
-
withholding
3 001
-
-
-
total
3 001
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 252
21 581
17 868
12 615
After tax
36 748
35 419
39 132
44 385
Living cost
22 096
22 096
22 096
22 096
Free-cash
14 652
13 323
17 036
22 289

Estimated living cost  is ₽22096 per week

₽13243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27193
₽32047
₽20138
₽27412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 000
unemployment
-
-
-
27
income
-
-
-
4 883
pensions
-
-
-
6 071
health
-
-
-
3 454
total
-
-
-
14 435
Employee

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

21 906
-
51 677
-
unemployment
109
-
259
-
health
1 862
-
4 392
-
pensions
3 285
-
7 752
-
income
1 498
-
3 983
-
total
6 754
-
16 386
-
Employer

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

21 906
-
51 677
-
pensions
1 204
-
2 842
-
unemployment
109
-
259
-
health
942
-
2 222
-
total
2 255
-
5 323
-
Corporate
32 839
57 000
-
-
income
2 956
5 131
-
-
total
2 956
5 131
-
-
Dividends
29 883
51 869
-
-
withholding
2 689
4 669
-
-
total
2 689
4 669
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 654
9 800
21 709
14 435
After tax
42 346
47 200
35 291
42 565
Living cost
15 153
15 153
15 153
15 153
Free-cash
27 193
32 047
20 138
27 412

Estimated living cost  is ₽15153 per week

₽9668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7204
₽12249
₽5415
₽5010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
56
unemployment
-
-
-
398
income
-
-
-
8 647
pensions
-
-
-
16 132
accident
-
-
-
513
total
-
-
-
25 746
Employee
35 289
-
43 219
-
unemployment
547
-
670
-
other
34
-
43
-
pensions
1 659
-
2 032
-
income
6 803
-
8 819
-
total
9 043
-
11 564
-
Employer
35 289
-
43 219
-
other
283
-
346
-
accident
699
-
855
-
pensions
8 327
-
10 200
-
unemployment
1 942
-
2 376
-
total
11 251
-
13 777
-
Corporate
10 460
57 000
-
-
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.

1 568
8 550
-
-
total
1 568
8 550
-
-
Dividends
8 892
48 450
-
-
withholding
1 690
9 957
-
-
total
1 690
9 957
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 552
18 507
25 341
25 746
After tax
33 448
38 493
31 659
31 254
Living cost
26 244
26 244
26 244
26 244
Free-cash
7 204
12 249
5 415
5 010

Estimated living cost  is ₽26244 per week

₽17714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33470
₽33767
₽34064
₽34191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
18 741
pensions
-
-
-
1 314
health
-
-
-
953
total
-
-
-
21 008
Employee
2 743
-
55 522
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
247
-
591
-
income
531
-
18 672
-
total
942
-
19 657
-
Employer
2 743
-
55 522
-
pensions
302
-
723
-
unemployment
55
-
131
-
health
261
-
624
-
total
618
-
1 478
-
Corporate
53 639
57 000
-
-
income
11 801
12 540
-
-
total
11 801
12 540
-
-
Dividends
41 839
44 460
-
-
withholding
8 368
8 892
-
-
total
8 368
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 729
21 432
21 135
21 008
After tax
35 271
35 568
35 865
35 992
Living cost
1 801
1 801
1 801
1 801
Free-cash
33 470
33 767
34 064
34 191

Estimated living cost  is ₽1801 per week

₽1070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20007
₽24696
₽14107
₽11655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
unemployment
-
-
-
855
income
-
-
-
7 312
pensions
-
-
-
14 820
health
-
-
-
5 871
total
-
-
-
28 858
Employee

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

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

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

24 861
-
48 346
-
unemployment
186
-
363
-
health
1 280
-
2 490
-
pensions
3 481
-
6 768
-
income
3 427
-
8 130
-
total
8 374
-
17 751
-
Employer

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

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

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

24 861
-
48 346
-
pensions
2 983
-
5 802
-
unemployment
186
-
363
-
health
1 280
-
2 490
-
total
4 449
-
8 655
-
Corporate
27 689
57 000
-
-
income
4 153
8 550
-
-
total
4 153
8 550
-
-
Dividends
23 536
48 450
-
-
withholding
3 530
7 267
-
-
total
3 530
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 506
15 817
26 406
28 858
After tax
36 494
41 183
30 594
28 142
Living cost
16 487
16 487
16 487
16 487
Free-cash
20 007
24 696
14 107
11 655

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽6348
₽6692
₽5459
₽7081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
social contributions

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

-
-
-
19 808
income
-
-
-
4 382
surtax
-
-
-
-
total
-
-
-
24 190
Employee
37 041
-
46 061
-
surtax
-
-
-
-
social contributions
4 075
-
5 067
-
income
7 238
-
9 806
-
total
11 313
-
14 873
-
Employer
37 041
-
46 061
-
social contributions
8 797
-
10 939
-
total
8 797
-
10 939
-
Corporate
11 162
57 000
-
-
income
2 344
11 970
-
-
surtax
-
-
-
-
total
2 344
11 970
-
-
Dividends
8 818
45 030
-
-
withholding
2 469
12 609
-
-
total
2 469
12 609
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 923
24 579
25 812
24 190
After tax
32 077
32 421
31 188
32 810
Living cost
25 729
25 729
25 729
25 729
Free-cash
6 348
6 692
5 459
7 081

Estimated living cost  is ₽25729 per week

₽18223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
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.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3789
₽4952
-₽1882
-₽2287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
56
unemployment
-
-
-
398
income
-
-
-
8 647
pensions
-
-
-
16 132
accident
-
-
-
513
total
-
-
-
25 746
Employee
46 092
-
43 219
-
unemployment
714
-
670
-
other
45
-
43
-
pensions
2 166
-
2 032
-
income
9 627
-
8 819
-
total
12 552
-
11 564
-
Employer
46 092
-
43 219
-
other
369
-
346
-
accident
913
-
855
-
pensions
10 878
-
10 200
-
unemployment
2 536
-
2 376
-
total
14 696
-
13 777
-
Corporate
-
57 000
-
-
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.

-
8 550
-
-
total
-
8 550
-
-
Dividends
-
48 450
-
-
withholding
-
9 957
-
-
total
-
9 957
-
-
Income
57 000
57 000
57 000
57 000
Total tax
27 248
18 507
25 341
25 746
After tax
29 752
38 493
31 659
31 254
Living cost
33 541
33 541
33 541
33 541
Free-cash
-3 789
4 952
-1 882
-2 287

Estimated living cost  is ₽33541 per week

₽24088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26433
₽32268
₽24086
₽23055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
134
income
-
-
-
8 550
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
17 478
Employee
21 805
-
50 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
5 044
-
total
5 338
-
9 886
-
Employer
21 805
-
50 440
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
30 917
57 000
-
-
income
3 092
5 700
-
-
total
3 092
5 700
-
-
Dividends
27 825
51 300
-
-
withholding
1 391
2 565
-
-
total
1 391
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 100
8 265
16 447
17 478
After tax
42 900
48 735
40 553
39 522
Living cost
16 467
16 467
16 467
16 467
Free-cash
26 433
32 268
24 086
23 055

Estimated living cost  is ₽16467 per week

₽10891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5155
-₽7327
₽6630
₽4817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
trade
-
-
-
1 813
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.

-
-
-
6 638
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.

-
-
-
6 520
surtax

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

-
-
-
366
total
-
-
-
15 337
Employee

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

47 486
-
57 000
-
surtax

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

216
-
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.

6 520
-
6 520
-
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.

3 905
-
6 638
-
total
10 641
-
13 524
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 514
57 000
-
-
trade
1 366
8 179
-
-
income
1 427
8 550
-
-
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.

78
471
-
-
chamber of commerce
159
228
-
-
total
3 030
17 428
-
-
Dividends
6 484
39 572
-
-
withholding
1 259
9 530
-
-
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.

69
523
-
-
total
1 328
10 053
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 999
27 481
13 524
15 337
After tax
42 001
29 519
43 476
41 663
Living cost
36 846
36 846
36 846
36 846
Free-cash
5 155
-7 327
6 630
4 817

Estimated living cost  is ₽36846 per week

₽25417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3965
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.
₽6929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17654
-₽14466
-₽10035
-₽10035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
4 259
income
-
-
-
8 411
total
-
-
-
12 670
Employee
74 653
-
57 000
-
social contributions
6 202
-
4 259
-
income
14 087
-
8 411
-
total
20 289
-
12 670
-
Employer
74 653
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
49 875
-
-
withholding
-
9 976
-
-
total
-
9 976
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 289
17 101
12 670
12 670
After tax
36 711
39 899
44 330
44 330
Living cost
54 365
54 365
54 365
54 365
Free-cash
-17 654
-14 466
-10 035
-10 035

Estimated living cost  is ₽54365 per week

₽41360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2890
-₽2635
₽6620
-₽10636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
health

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

-
-
-
5 825
income
-
-
-
27 167
total
-
-
-
32 992
Employee
43 781
-
52 610
-
social contributions
4 387
-
4 390
-
income
4 751
-
6 956
-
total
9 138
-
11 346
-
Employer
43 781
-
52 610
-
social contributions
4 387
-
4 390
-
total
4 387
-
4 390
-
Corporate
8 832
57 000
-
-
income
3 092
19 949
-
-
total
3 092
19 949
-
-
Dividends
5 741
37 051
-
-
social contributions
2 849
5 042
-
-
total
2 849
5 042
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 466
24 991
15 736
32 992
After tax
37 534
32 009
41 264
24 008
Living cost
34 644
34 644
34 644
34 644
Free-cash
2 890
-2 635
6 620
-10 636

Estimated living cost  is ₽34644 per week

₽22820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2731
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.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2068
₽7429
₽1639
₽7486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
income
-
-
-
10 691
pensions
-
-
-
3 543
total
-
-
-
14 234
Employee
48 426
-
50 813
-
health
632
-
680
-
pensions
3 696
-
3 983
-
income
8 819
-
9 231
-
total
13 147
-
13 894
-
Employer
48 426
-
50 813
-
pensions
4 893
-
5 221
-
health
920
-
966
-
total
5 813
-
6 187
-
Corporate
2 761
57 000
-
-
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.

525
10 829
-
-
total
525
10 829
-
-
Dividends
2 236
46 171
-
-
withholding
167
3 462
-
-
total
167
3 462
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 652
14 291
20 081
14 234
After tax
37 348
42 709
36 919
42 766
Living cost
35 280
35 280
35 280
35 280
Free-cash
2 068
7 429
1 639
7 486

Estimated living cost  is ₽35280 per week

₽24202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1050
-₽18634
₽6850
₽16128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
362
income
-
-
-
10 823
pensions
-
-
-
4 061
accident
-
-
-
246
health
-
-
-
2 129
total
-
-
-
17 621
Employee
36 575
-
47 350
-
health
4 188
-
5 422
-
pensions
4 118
-
5 331
-
income
5 018
-
6 496
-
total
13 324
-
17 249
-
Employer
36 575
-
47 350
-
accident
611
-
791
-
pensions
5 947
-
7 699
-
unemployment
896
-
1 160
-
total
7 454
-
9 650
-
Corporate
12 972
57 000
-
-
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.

11 675
51 300
-
-
total
11 675
51 300
-
-
Dividends
1 297
5 700
-
-
withholding
246
1 083
-
-
total
246
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 699
52 383
26 899
17 621
After tax
24 301
4 617
30 101
39 379
Living cost
23 251
23 251
23 251
23 251
Free-cash
1 050
-18 634
6 850
16 128

Estimated living cost  is ₽23251 per week

₽17064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30926
₽35565
₽20721
₽20721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 000
unemployment
-
-
-
684
income
-
-
-
7 719
pensions
-
-
-
10 488
health insurance
-
-
-
4 218
work injury
-
-
-
285
total
-
-
-
23 394
Employee

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

20 616
-
57 000
-
health insurance
1 526
-
4 218
-
unemployment
247
-
684
-
work injury
103
-
285
-
pensions
3 793
-
10 488
-
income
2 062
-
7 719
-
total
7 731
-
23 394
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 384
57 000
-
-
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
36 384
57 000
-
-
withholding
5 458
8 550
-
-
total
5 458
8 550
-
-
Income
57 000
57 000
57 000
57 000
Total tax
13 189
8 550
23 394
23 394
After tax
43 811
48 450
33 606
33 606
Living cost
12 885
12 885
12 885
12 885
Free-cash
30 926
35 565
20 721
20 721

Estimated living cost  is ₽12885 per week

₽7983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
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.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23423
-₽7996
-₽10454
-₽7291
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
regional
-
-
-
885
social contributions
-
-
-
14 661
municipal
-
-
-
380
national
-
-
-
10 345
total
-
-
-
26 271
Employee
80 422
-
57 000
-
national
13 591
-
9 113
-
regional
1 214
-
760
-
municipal
480
-
340
-
social contributions
27 118
-
19 221
-
total
42 403
-
29 434
-
Employer
80 422
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
nationa
-
13 679
-
-
municipal
-
2 747
-
-
total
-
16 426
-
-
Dividends
-
40 573
-
-
withholding
-
10 550
-
-
total
-
10 550
-
-
Income
57 000
57 000
57 000
57 000
Total tax
42 403
26 976
29 434
26 271
After tax
14 597
30 024
27 566
30 729
Living cost
38 020
38 020
38 020
38 020
Free-cash
-23 423
-7 996
-10 454
-7 291

Estimated living cost  is ₽38020 per week

₽26707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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