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
-₽1176
₽13535
₽11838
₽9824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 209
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.

-
-
-
342
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.

-
-
-
6 794
trade
-
-
-
1 697
total
-
-
-
15 042
Employee

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

38 035
-
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.

59
-
342
-
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.

1 062
-
6 209
-
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.

6 794
-
6 794
-
total
7 915
-
13 345
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 965
57 000
-
-
income
2 844
8 551
-
-
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.

157
470
-
-
chamber of commerce
177
232
-
-
trade
2 987
8 977
-
-
total
6 165
18 230
-
-
Dividends
12 800
38 770
-
-
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.

155
511
-
-
withholding
2 821
9 315
-
-
total
2 976
9 826
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 056
28 056
13 345
15 042
After tax
39 944
28 944
43 655
41 958
Living cost
30 120
30 120
30 120
30 120
Free-cash
9 824
-1 176
13 535
11 838

Estimated living cost  is ₽30120 per week

₽18947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17096
-₽16315
-₽16762
-₽32049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
5 352
national
-
-
-
8 293
pensions
-
-
-
6 840
total
-
-
-
21 098
Employee
81 639
-
49 276
-
municipal
10 084
-
5 573
-
pensions
3 266
-
1 971
-
national
15 626
-
8 635
-
total
28 976
-
16 179
-
Employer
81 639
-
49 276
-
pensions
6 531
-
3 942
-
social contributions
878
-
530
-
total
7 409
-
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
36 385
21 432
20 651
21 098
After tax
20 615
35 568
36 349
35 902
Living cost
52 664
52 664
52 664
52 664
Free-cash
-32 049
-17 096
-16 315
-16 762

Estimated living cost  is ₽52664 per week

₽35795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽788
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24912
₽11923
₽24630
₽16754
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 131
microenterprise
-
-
-
8 551
total
-
-
-
11 682
Employee
29 058
-
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.

3 197
-
5 052
-
income
5 173
-
8 271
-
total
8 370
-
13 323
-
Employer
29 058
-
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.

6 999
-
11 066
-
surtax
-
-
-
-
total
6 999
-
11 066
-
Corporate
20 943
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%.

4 189
11 400
-
-
total
4 189
11 400
-
-
Dividends

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

16 754
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 558
11 400
24 389
11 682
After tax
37 442
45 600
32 611
45 318
Living cost
20 688
20 688
20 688
20 688
Free-cash
16 754
24 912
11 923
24 630

Estimated living cost  is ₽20688 per week

₽13198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1970
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36166
-₽41748
-₽9067
-₽41748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 398
health
-
-
-
8 751
pensions
-
-
-
10 260
total
-
-
-
24 409
Employee
84 920
84 920
84 920
-
pensions
15 286
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
13 034
11 087
13 034
-
total
42 220
36 638
42 220
-
Employer
84 920
84 920
84 920
-
health
5 903
5 903
5 903
-
pensions
5 910
5 910
5 910
-
unemployment
3 057
3 057
3 057
-
total
14 870
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
57 090
51 508
57 090
24 409
After tax
-90
5 492
-90
32 591
Living cost
41 658
41 658
41 658
41 658
Free-cash
-41 748
-36 166
-41 748
-9 067

Estimated living cost  is ₽41658 per week

₽29522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9504
-₽10187
-₽12212
-₽19077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
114
other
-
-
-
6 623
unemployment
-
-
-
57
health
-
-
-
3 557
municipal
-
-
-
12 073
national
-
-
-
-
pensions
-
-
-
6 162
total
-
-
-
28 586
Employee
57 889
-
43 372
-
municipal
17 262
-
12 934
-
national
-
-
-
-
total
17 262
-
12 934
-
Employer
57 889
-
43 372
-
health
3 560
-
2 667
-
pensions
6 258
-
4 688
-
accident
116
-
87
-
unemployment
1 528
-
1 145
-
other
6 727
-
5 040
-
total
18 189
-
13 627
-
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
35 451
25 878
26 561
28 586
After tax
21 549
31 122
30 439
28 414
Living cost
40 626
40 626
40 626
40 626
Free-cash
-19 077
-9 504
-10 187
-12 212

Estimated living cost  is ₽40626 per week

₽26926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10418
₽4590
₽2820
₽3557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 209
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.

-
-
-
342
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.

-
-
-
6 794
trade
-
-
-
1 770
total
-
-
-
15 115
Employee

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

50 429
-
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.

238
-
342
-
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.

4 333
-
6 209
-
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.

6 794
-
6 794
-
total
11 365
-
13 345
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 571
57 000
-
-
income
985
8 551
-
-
surtax

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

55
470
-
-
chamber of commerce
160
232
-
-
trade
1 081
9 377
-
-
total
2 281
18 630
-
-
Dividends
4 289
38 370
-
-
surtax

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

38
508
-
-
withholding
694
9 215
-
-
total
732
9 723
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 378
28 353
13 345
15 115
After tax
42 622
28 647
43 655
41 885
Living cost
39 065
39 065
39 065
39 065
Free-cash
3 557
-10 418
4 590
2 820

Estimated living cost  is ₽39065 per week

₽26127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
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.
₽8235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2260
₽6500
₽12429
₽5588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 972
social contributions
-
-
-
8 892
health
-
-
-
1 453
total
-
-
-
12 317
Employee
76 467
76 467
76 467
-
social contributions
3 716
6 346
4 295
-
income
8 030
7 079
7 820
-
health
761
1 300
879
-
total
12 507
14 725
12 994
-
Employer
76 467
76 467
76 467
-
health
828
1 415
957
-
social contributions
3 716
6 346
4 295
-
total
4 544
7 761
5 252
-
Corporate
7 696
-
-
-
income
962
-
-
-
total
962
-
-
-
Dividends
6 733
-
-
-
withholding
1 145
-
-
-
total
1 145
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 158
22 486
18 246
12 317
After tax
37 842
34 514
38 754
44 683
Living cost
32 254
32 254
32 254
32 254
Free-cash
5 588
2 260
6 500
12 429

Estimated living cost  is ₽32254 per week

₽22049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13991
₽14765
₽21208
₽14374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 968
unemployment
-
-
-
855
health
-
-
-
3 990
pensions
-
-
-
5 700
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.

26 386
10 501
47 699
-
unemployment
396
158
715
-
pensions
2 639
1 050
4 770
-
income
3 226
1 284
5 831
-
health
1 847
735
3 339
-
total
8 108
3 227
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.

26 386
10 501
47 699
-
pensions
5 145
2 048
9 301
-
total
5 145
2 048
9 301
-
Corporate
25 468
44 451
-
-
income
2 292
4 001
-
-
total
2 292
4 001
-
-
Dividends
23 176
40 450
-
-
social contributions
4 399
7 768
-
-
withholding
4 403
7 686
-
-
total
8 802
15 454
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 347
24 730
23 956
17 513
After tax
32 653
32 270
33 044
39 487
Living cost
18 279
18 279
18 279
18 279
Free-cash
14 374
13 991
14 765
21 208

Estimated living cost  is ₽18279 per week

₽12474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21581
₽9556
₽7573
₽15403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 597
health
-
-
-
7 411
pensions
-
-
-
11 400
total
-
-
-
25 408
Employee
28 210
-
42 599
-
unemployment
451
-
681
-
pensions
564
-
851
-
income
3 176
-
7 492
-
total
4 191
-
9 024
-
Employer
28 210
-
42 599
-
health
3 667
-
5 539
-
pensions
5 642
-
8 520
-
unemployment
226
-
342
-
total
9 535
-
14 401
-
Corporate
19 254
57 000
-
-
income
3 852
11 400
-
-
total
3 852
11 400
-
-
Dividends
15 402
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 578
11 400
23 425
25 408
After tax
39 422
45 600
33 575
31 592
Living cost
24 019
24 019
24 019
24 019
Free-cash
15 403
21 581
9 556
7 573

Estimated living cost  is ₽24019 per week

₽16475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17499
₽7985
₽17282
₽1226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
254
income
-
-
-
10 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
17 602
Employee
34 790
-
47 350
-
pensions
3 917
-
5 331
-
income
4 773
-
6 496
-
health
3 983
-
5 422
-
total
12 673
-
17 249
-
Employer
34 790
-
47 350
-
pensions
5 657
-
7 699
-
accident
581
-
791
-
unemployment
852
-
1 160
-
total
7 090
-
9 650
-
Corporate
15 120
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.

13 608
51 300
-
-
total
13 608
51 300
-
-
Dividends
1 512
5 700
-
-
withholding
287
1 083
-
-
total
287
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 658
52 383
26 899
17 602
After tax
23 342
4 617
30 101
39 398
Living cost
22 116
22 116
22 116
22 116
Free-cash
1 226
-17 499
7 985
17 282

Estimated living cost  is ₽22116 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46081
₽37531
₽48361
₽44568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 085
-
57 000
-
income
2 017
-
11 400
-
total
2 017
-
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%.

46 915
57 000
-
-
total
-
-
-
-
Dividends
46 915
57 000
-
-
withholding
2 346
2 850
-
-
total
2 346
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 363
2 850
11 400
570
After tax
52 637
54 150
45 600
56 430
Living cost
8 069
8 069
8 069
8 069
Free-cash
44 568
46 081
37 531
48 361

Estimated living cost  is ₽8069 per week

₽5000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽671
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15382
₽6914
₽4368
₽8665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 239
other
-
-
-
2 708
health
-
-
-
2 508
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.

-
-
-
13 680
total
-
-
-
26 135
Employee
36 107
-
45 526
-
unemployment
360
-
455
-
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.

2 527
-
3 187
-
income
6 216
-
7 837
-
health
506
-
638
-
total
9 609
-
12 117
-
Employer
36 107
-
45 526
-
health
506
-
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.

6 139
-
7 739
-
accident
289
-
364
-
unemployment
360
-
455
-
other
1 806
-
2 276
-
total
9 100
-
11 472
-
Corporate
11 794
57 000
-
-
income
2 476
11 970
-
-
total
2 476
11 970
-
-
Dividends
9 318
45 030
-
-
withholding
653
3 151
-
-
total
653
3 151
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 838
15 121
23 589
26 135
After tax
35 162
41 879
33 411
30 865
Living cost
26 497
26 497
26 497
26 497
Free-cash
8 665
15 382
6 914
4 368

Estimated living cost  is ₽26497 per week

₽18722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23195
-₽28867
-₽23089
-₽49019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 703
pensions
-
-
-
3 485
total
-
-
-
14 188
Employee
93 240
-
50 872
-
pensions
8 995
-
3 911
-
income
16 807
-
9 258
-
health
1 536
-
668
-
total
27 338
-
13 837
-
Employer
93 240
-
50 872
-
health
1 771
-
966
-
pensions
11 009
-
5 163
-
total
12 780
-
6 129
-
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.

-
10 831
-
-
total
-
10 831
-
-
Dividends
-
46 169
-
-
withholding
-
3 463
-
-
total
-
3 463
-
-
Income
57 000
57 000
57 000
57 000
Total tax
40 118
14 294
19 966
14 188
After tax
16 882
42 706
37 034
42 812
Living cost
65 901
65 901
65 901
65 901
Free-cash
-49 019
-23 195
-28 867
-23 089

Estimated living cost  is ₽65901 per week

₽49381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35697
₽27099
₽26138
₽31078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 550
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
17 824
Employee
17 264
-
50 185
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 516
-
3 050
-
income
1 726
-
5 018
-
health
794
-
1 598
-
total
4 226
-
10 048
-
Employer
17 264
-
50 185
-
health
1 192
-
2 397
-
pensions

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

1 903
-
3 828
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
208
-
total
3 388
-
6 815
-
Corporate
36 348
57 000
-
-
income
3 635
5 700
-
-
total
3 635
5 700
-
-
Dividends
32 714
51 300
-
-
withholding
1 635
2 565
-
-
total
1 635
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 884
8 265
16 863
17 824
After tax
44 116
48 735
40 137
39 176
Living cost
13 038
13 038
13 038
13 038
Free-cash
31 078
35 697
27 099
26 138

Estimated living cost  is ₽13038 per week

₽7612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49651
-₽55233
-₽22552
-₽51338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 398
health
-
-
-
8 751
pensions
-
-
-
10 260
total
-
-
-
24 409
Employee
92 196
84 920
84 920
-
pensions
11 651
11 651
15 286
-
income

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

13 900
13 900
13 900
-
health
11 502
11 087
13 034
-
total
37 053
36 638
42 220
-
Employer
92 196
84 920
84 920
-
health
6 407
5 903
5 903
-
pensions
6 416
5 910
5 910
-
unemployment
3 319
3 057
3 057
-
total
16 142
14 870
14 870
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
53 195
51 508
57 090
24 409
After tax
3 805
5 492
-90
32 591
Living cost
55 143
55 143
55 143
55 143
Free-cash
-51 338
-49 651
-55 233
-22 552

Estimated living cost  is ₽55143 per week

₽40677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4925
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.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14524
₽4205
₽3041
₽5705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 899
social contributions
-
-
-
16 644
solidarity contribution
-
-
-
-
health
-
-
-
7 695
total
-
-
-
29 238
Employee
36 354
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
2 363
-
2 765
-
income
4 362
-
5 104
-
health
4 908
-
5 743
-
total
11 633
-
13 612
-
Employer
36 354
-
42 537
-
health
3 272
-
3 828
-
social contributions
9 088
-
10 634
-
total
12 360
-
14 462
-
Corporate
8 286
57 000
-
-
income
1 574
10 830
-
-
total
1 574
10 830
-
-
Dividends
6 712
46 170
-
-
withholding
1 007
6 925
-
-
total
1 007
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 574
17 755
28 074
29 238
After tax
30 426
39 245
28 926
27 762
Living cost
24 721
24 721
24 721
24 721
Free-cash
5 705
14 524
4 205
3 041

Estimated living cost  is ₽24721 per week

₽17171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11549
-₽14048
-₽10829
-₽31378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 661
regional
-
-
-
569
municipal
-
-
-
338
national
-
-
-
10 300
total
-
-
-
25 868
Employee
88 379
-
57 000
-
municipal
468
-
302
-
national
15 314
-
9 068
-
regional
834
-
497
-
social contributions
29 801
-
19 220
-
total
46 417
-
29 087
-
Employer
88 379
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
municipal
-
2 223
-
-
nationa
-
13 680
-
-
total
-
15 903
-
-
Dividends
-
41 097
-
-
withholding
-
10 685
-
-
total
-
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
46 417
26 588
29 087
25 868
After tax
10 583
30 412
27 913
31 132
Living cost
41 961
41 961
41 961
41 961
Free-cash
-31 378
-11 549
-14 048
-10 829

Estimated living cost  is ₽41961 per week

₽29250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13909
₽9057
₽10285
₽10813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 588
other
-
-
-
-
surtax
-
-
-
511
unemployment
-
-
-
226
health
-
-
-
4 046
pensions
-
-
-
11 400
total
-
-
-
24 771
Employee
32 885
-
47 089
-
other
-
-
-
-
unemployment
2 289
-
3 278
-
pensions
2 193
-
3 140
-
surtax
108
-
419
-
income
5 512
-
8 050
-
health
840
-
1 200
-
total
10 942
-
16 087
-
Employer
32 885
-
47 089
-
health
1 496
-
2 142
-
pensions
4 384
-
6 277
-
unemployment
1 042
-
1 493
-
other
-
-
-
-
total
6 922
-
9 912
-
Corporate
17 193
57 000
-
-
income
4 471
14 820
-
-
total
4 471
14 820
-
-
Dividends
12 722
42 180
-
-
withholding
1 908
6 327
-
-
total
1 908
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 243
21 147
25 999
24 771
After tax
32 757
35 853
31 001
32 229
Living cost
21 944
21 944
21 944
21 944
Free-cash
10 813
13 909
9 057
10 285

Estimated living cost  is ₽21944 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2316
-₽7988
-₽2210
-₽13438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 703
pensions
-
-
-
3 485
total
-
-
-
14 188
Employee
62 487
-
50 872
-
pensions
5 304
-
3 911
-
income
11 254
-
9 258
-
health
907
-
668
-
total
17 465
-
13 837
-
Employer
62 487
-
50 872
-
health
1 187
-
966
-
pensions
6 764
-
5 163
-
total
7 951
-
6 129
-
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.

-
10 831
-
-
total
-
10 831
-
-
Dividends
-
46 169
-
-
withholding
-
3 463
-
-
total
-
3 463
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 416
14 294
19 966
14 188
After tax
31 584
42 706
37 034
42 812
Living cost
45 022
45 022
45 022
45 022
Free-cash
-13 438
-2 316
-7 988
-2 210

Estimated living cost  is ₽45022 per week

₽33730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3375
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽52569
-₽33149
-₽30249
-₽43790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 139
regional
-
-
-
1 214
health
-
-
-
256
city
-
-
-
600
national
-
-
-
162
pensions
-
-
-
5 243
total
-
-
-
8 614
Employee
92 023
-
51 018
-
unemployment
-
-
-
-
pensions
7 731
-
4 286
-
national
436
-
129
-
regional
3 013
-
1 016
-
city
988
-
547
-
health
208
-
115
-
total
12 376
-
6 093
-
Employer
92 023
-
51 018
-
health
208
-
115
-
pensions
7 731
-
4 286
-
unemployment
-
-
-
-
other

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

1 840
-
1 020
-
total
9 779
-
5 421
-
Corporate
-
57 000
-
-
regional
-
12 055
-
-
national
-
4 845
-
-
total
-
16 900
-
-
Dividends
-
40 100
-
-
withholding
-
14 034
-
-
total
-
14 034
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 155
30 934
11 514
8 614
After tax
34 845
26 066
45 486
48 386
Living cost
78 635
78 635
78 635
78 635
Free-cash
-43 790
-52 569
-33 149
-30 249

Estimated living cost  is ₽78635 per week

₽51135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽965
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17200
-₽1900
-₽3746
-₽2764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
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.

-
-
-
6 209
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.

-
-
-
342
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.

-
-
-
6 794
trade
-
-
-
1 846
total
-
-
-
15 191
Employee

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

59 763
-
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.

387
-
342
-
income

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

7 028
-
6 209
-
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.

6 794
-
6 794
-
total
14 209
-
13 345
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
57 000
-
-
income
-
8 551
-
-
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.

-
470
-
-
chamber of commerce
-
232
-
-
trade
-
9 775
-
-
total
-
19 028
-
-
Dividends
-
37 972
-
-
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
-
-
withholding
-
9 115
-
-
total
-
9 617
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 209
28 645
13 345
15 191
After tax
42 791
28 355
43 655
41 809
Living cost
45 555
45 555
45 555
45 555
Free-cash
-2 764
-17 200
-1 900
-3 746

Estimated living cost  is ₽45555 per week

₽33272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5296
₽648
₽140
₽580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 546
other
-
-
-
1 766
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
494
pensions
-
-
-
16 408
total
-
-
-
22 837
Employee
42 560
-
43 437
-
pensions
4 812
-
4 912
-
surtax
-
-
-
-
social contributions
1 213
-
1 238
-
income
2 512
-
2 617
-
total
8 537
-
8 767
-
Employer
42 560
-
43 437
-
health
2 980
-
3 040
-
pensions
6 992
-
7 135
-
unemployment
1 723
-
1 759
-
social contributions
128
-
130
-
other
1 468
-
1 498
-
total
13 291
-
13 562
-
Corporate
1 149
57 000
-
-
income
321
15 959
-
-
surtax
-
-
-
-
total
321
15 959
-
-
Dividends
828
41 041
-
-
surtax
-
-
-
-
social contributions
142
7 060
-
-
withholding
106
5 254
-
-
total
248
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 397
28 273
22 329
22 837
After tax
34 603
28 727
34 671
34 163
Living cost
34 023
34 023
34 023
34 023
Free-cash
580
-5 296
648
140

Estimated living cost  is ₽34023 per week

₽21453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1925
₽4019
₽3511
₽3600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 546
other
-
-
-
1 766
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
494
pensions
-
-
-
16 408
total
-
-
-
22 837
Employee
37 991
-
43 437
-
pensions
4 297
-
4 912
-
surtax
-
-
-
-
social contributions
1 083
-
1 238
-
income
1 959
-
2 617
-
total
7 339
-
8 767
-
Employer
37 991
-
43 437
-
health
2 659
-
3 040
-
pensions
6 243
-
7 135
-
unemployment
1 538
-
1 759
-
social contributions
113
-
130
-
other
1 312
-
1 498
-
total
11 865
-
13 562
-
Corporate
7 145
57 000
-
-
income
2 000
15 959
-
-
surtax
-
-
-
-
total
2 000
15 959
-
-
Dividends
5 145
41 041
-
-
surtax
-
-
-
-
social contributions
885
7 060
-
-
withholding
659
5 254
-
-
total
1 544
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 748
28 273
22 329
22 837
After tax
34 252
28 727
34 671
34 163
Living cost
30 652
30 652
30 652
30 652
Free-cash
3 600
-1 925
4 019
3 511

Estimated living cost  is ₽30652 per week

₽17777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13688
₽13091
₽15519
₽14205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 551
social contributions
-
-
-
7 865
health
-
-
-
3 978
total
-
-
-
20 394
Employee
33 717
-
57 000
-
social contributions
4 654
-
7 865
-
income
5 624
-
10 979
-
health
2 353
-
3 978
-
total
12 631
-
22 822
-
Employer
33 717
-
57 000
-
total
-
-
-
-
Corporate
23 283
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%.

1 164
2 850
-
-
total
1 164
2 850
-
-
Dividends
22 119
54 150
-
-
social contributions
3 051
7 473
-
-
withholding
3 318
8 122
-
-
health
1 544
3 780
-
-
total
7 913
19 375
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 708
22 225
22 822
20 394
After tax
35 292
34 775
34 178
36 606
Living cost
21 087
21 087
21 087
21 087
Free-cash
14 205
13 688
13 091
15 519

Estimated living cost  is ₽21087 per week

₽14112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1300
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.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽2373
-₽13059
-₽3481
-₽8139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 012
surtax
-
-
-
196
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
228
health
-
-
-
4 361
pensions
-
-
-
10 545
total
-
-
-
25 441
Employee
49 697
39 629
44 107
-
other
496
396
442
-
unemployment
1 491
1 189
1 323
-
pensions
5 090
4 057
4 516
-
income
5 658
2 923
4 055
-
health
1 923
1 534
1 708
-
total
14 658
10 099
12 044
-
Employer
49 697
39 629
44 107
-
chamber of commerce
198
159
176
-
health
1 878
1 498
1 666
-
pensions
6 237
4 974
5 535
-
accident
645
515
574
-
unemployment
1 491
1 189
1 323
-
surtax
196
196
196
-
payroll
1 491
1 189
1 323
-
other
2 361
1 881
2 097
-
total
14 497
11 601
12 890
-
Corporate
3 774
5 769
40 337
-
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.

944
1 442
10 085
-
total
944
1 442
10 085
-
Dividends
-
4 327
-
-
withholding
-
1 191
-
-
total
-
1 191
-
-
Income
57 000
57 000
57 000
57 000
Total tax
30 099
24 333
35 019
25 441
After tax
26 901
32 667
21 981
31 559
Living cost
35 040
35 040
35 040
35 040
Free-cash
-8 139
-2 373
-13 059
-3 481

Estimated living cost  is ₽35040 per week

₽23370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4135
-₽11784
-₽5603
-₽34839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 023
social contributions
-
-
-
6 599
national
-
-
-
16 723
total
-
-
-
26 345
Employee

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

71 132
-
44 149
-
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.

619
-
385
-
communal

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

3 710
-
2 302
-
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.

5 335
-
3 312
-
national
21 869
-
11 599
-
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.

3 342
-
2 076
-
total
34 875
-
19 674
-
Employer

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

71 132
-
44 149
-
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.

4 374
-
2 716
-
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.

6 303
-
3 912
-
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.

925
-
574
-
unemployment

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

1 038
-
645
-
surtax
8 066
-
5 005
-
total
20 706
-
12 852
-
Corporate
-
57 000
-
-
income
-
11 400
-
-
surtax
-
228
-
-
total
-
11 628
-
-
Dividends
-
45 372
-
-
withholding

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

-
13 249
-
-
total
-
13 249
-
-
Income
57 000
57 000
57 000
57 000
Total tax
55 581
24 877
32 526
26 345
After tax
1 419
32 123
24 474
30 655
Living cost
36 258
36 258
36 258
36 258
Free-cash
-34 839
-4 135
-11 784
-5 603

Estimated living cost  is ₽36258 per week

₽23355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2587
-₽4117
-₽4520
-₽8278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
513
income
-
-
-
8 508
other
-
-
-
57
unemployment
-
-
-
398
pensions
-
-
-
16 131
total
-
-
-
25 607
Employee
49 500
-
43 222
-
other
49
-
43
-
unemployment
768
-
670
-
pensions
2 327
-
2 031
-
income
10 444
-
8 682
-
total
13 588
-
11 426
-
Employer
49 500
-
43 222
-
pensions
11 681
-
10 200
-
accident
979
-
855
-
unemployment
2 723
-
2 378
-
other
394
-
345
-
total
15 777
-
13 778
-
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.

-
8 551
-
-
total
-
8 551
-
-
Dividends
-
48 449
-
-
withholding
-
9 949
-
-
total
-
9 949
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 365
18 500
25 204
25 607
After tax
27 635
38 500
31 796
31 393
Living cost
35 913
35 913
35 913
35 913
Free-cash
-8 278
2 587
-4 117
-4 520

Estimated living cost  is ₽35913 per week

₽26446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽6401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18237
-₽15180
-₽16325
-₽27305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
513
income
-
-
-
2 361
surtax
-
-
-
3 016
health
-
-
-
4 274
pensions
-
-
-
9 120
total
-
-
-
19 284
Employee
75 307
-
50 916
-
pensions
6 024
-
4 072
-
surtax
4 616
-
3 121
-
income
7 274
-
2 599
-
health
3 352
-
2 265
-
total
21 266
-
12 057
-
Employer
75 307
-
50 916
-
health
2 297
-
1 551
-
pensions
6 024
-
4 072
-
accident
677
-
459
-
total
8 998
-
6 082
-
Corporate
-
57 000
-
-
communal
-
3 848
-
-
income
-
8 551
-
-
surtax
-
598
-
-
total
-
12 997
-
-
Dividends
-
44 003
-
-
income
-
1 598
-
-
withholding
-
6 601
-
-
total
-
8 199
-
-
Income
57 000
57 000
57 000
57 000
Total tax
30 264
21 196
18 139
19 284
After tax
26 736
35 804
38 861
37 716
Living cost
54 041
54 041
54 041
54 041
Free-cash
-27 305
-18 237
-15 180
-16 325

Estimated living cost  is ₽54041 per week

₽40539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13517
₽8665
₽9893
₽10354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 588
other
-
-
-
-
surtax
-
-
-
511
unemployment
-
-
-
226
health
-
-
-
4 046
pensions
-
-
-
11 400
total
-
-
-
24 771
Employee
33 489
-
47 089
-
other
-
-
-
-
unemployment
2 331
-
3 278
-
pensions
2 234
-
3 140
-
surtax
119
-
419
-
income
5 614
-
8 050
-
health
855
-
1 200
-
total
11 153
-
16 087
-
Employer
33 489
-
47 089
-
health
1 523
-
2 142
-
pensions
4 465
-
6 277
-
unemployment
1 062
-
1 493
-
other
-
-
-
-
total
7 050
-
9 912
-
Corporate
16 461
57 000
-
-
income
4 280
14 820
-
-
total
4 280
14 820
-
-
Dividends
12 181
42 180
-
-
withholding
1 827
6 327
-
-
total
1 827
6 327
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 310
21 147
25 999
24 771
After tax
32 690
35 853
31 001
32 229
Living cost
22 336
22 336
22 336
22 336
Free-cash
10 354
13 517
8 665
9 893

Estimated living cost  is ₽22336 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3173
₽855
₽4053
₽963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 661
regional
-
-
-
860
municipal
-
-
-
338
national
-
-
-
10 300
total
-
-
-
26 159
Employee
55 162
-
57 000
-
municipal
293
-
302
-
national
8 739
-
9 068
-
regional
743
-
767
-
social contributions
18 601
-
19 220
-
total
28 376
-
29 357
-
Employer
55 162
-
57 000
-
total
-
-
-
-
Corporate
1 838
57 000
-
-
municipal
91
2 833
-
-
nationa
442
13 680
-
-
total
533
16 513
-
-
Dividends
1 305
40 488
-
-
withholding
340
10 526
-
-
total
340
10 526
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 249
27 039
29 357
26 159
After tax
27 751
29 961
27 643
30 841
Living cost
26 788
26 788
26 788
26 788
Free-cash
963
3 173
855
4 053

Estimated living cost  is ₽26788 per week

₽16659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8783
-₽1536
-₽2700
-₽3029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 899
social contributions
-
-
-
16 644
solidarity contribution
-
-
-
-
health
-
-
-
7 695
total
-
-
-
29 238
Employee
44 798
-
42 537
-
solidarity contribution
-
-
-
-
social contributions
2 912
-
2 765
-
income
5 376
-
5 104
-
health
6 048
-
5 743
-
total
14 336
-
13 612
-
Employer
44 798
-
42 537
-
health
4 032
-
3 828
-
social contributions
11 199
-
10 634
-
total
15 231
-
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
29 567
17 755
28 074
29 238
After tax
27 433
39 245
28 926
27 762
Living cost
30 462
30 462
30 462
30 462
Free-cash
-3 029
8 783
-1 536
-2 700

Estimated living cost  is ₽30462 per week

₽22654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1049
-₽9705
₽29
₽55
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 012
surtax
-
-
-
-
unemployment
-
-
-
6 099
chamber of commerce
-
-
-
228
health
-
-
-
4 361
pensions
-
-
-
10 545
total
-
-
-
25 245
Employee
43 469
39 629
44 260
-
other
434
396
443
-
unemployment
1 304
1 189
1 329
-
pensions
4 452
4 057
4 533
-
income
3 872
2 923
4 099
-
health
1 681
1 534
1 713
-
total
11 743
10 099
12 117
-
Employer
43 469
39 629
44 260
-
chamber of commerce
174
159
177
-
health
1 644
1 498
1 674
-
pensions
5 456
4 974
5 554
-
accident
564
515
576
-
unemployment
1 304
1 189
1 329
-
surtax
-
-
-
-
payroll
1 304
1 189
1 329
-
other
2 065
1 881
2 102
-
total
12 511
11 405
12 741
-
Corporate
3 774
5 965
40 486
-
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.

944
1 491
10 121
-
total
944
1 491
10 121
-
Dividends
77
4 474
-
-
withholding
21
1 230
-
-
total
21
1 230
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 219
24 225
34 979
25 245
After tax
31 781
32 775
22 021
31 755
Living cost
31 726
31 726
31 726
31 726
Free-cash
55
1 049
-9 705
29

Estimated living cost  is ₽31726 per week

₽19032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41577
₽33027
₽43857
₽39219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 717
-
57 000
-
income
3 144
-
11 400
-
total
3 144
-
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%.

41 283
57 000
-
-
total
-
-
-
-
Dividends
41 283
57 000
-
-
withholding
2 064
2 850
-
-
total
2 064
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
5 208
2 850
11 400
570
After tax
51 792
54 150
45 600
56 430
Living cost
12 573
12 573
12 573
12 573
Free-cash
39 219
41 577
33 027
43 857

Estimated living cost  is ₽12573 per week

₽8509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12571
₽3040
₽4680
₽4255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 544
unemployment
-
-
-
85
health
-
-
-
5 609
pensions
-
-
-
10 409
total
-
-
-
25 647
Employee

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

43 974
-
49 319
-
unemployment
62
-
70
-
pensions
6 816
-
7 645
-
income
7 583
-
8 708
-
health
2 840
-
3 185
-
total
17 301
-
19 608
-
Employer

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

43 974
-
49 319
-
health
2 929
-
3 284
-
pensions
3 891
-
4 365
-
unemployment
26
-
30
-
total
6 846
-
7 679
-
Corporate
6 180
57 000
-
-
income
1 174
10 830
-
-
total
1 174
10 830
-
-
Dividends
5 006
46 170
-
-
withholding
751
6 926
-
-
total
751
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 072
17 756
27 287
25 647
After tax
30 928
39 244
29 713
31 353
Living cost
26 673
26 673
26 673
26 673
Free-cash
4 255
12 571
3 040
4 680

Estimated living cost  is ₽26673 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽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 Ljubljana model

Close
Oslo , Norway
-₽8628
₽489
-₽3916
-₽92651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 111
social contributions
-
-
-
6 498
total
-
-
-
17 609
Employee
62 096
-
-
-
social contributions
5 092
-
726
-
income
13 697
-
-
-
total
18 789
-
726
-
Employer
62 096
-
-
-
social contributions
87 555
-
12 478
-
total
87 555
-
12 478
-
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
106 344
22 321
13 204
17 609
After tax
-49 344
34 679
43 796
39 391
Living cost
43 307
43 307
43 307
43 307
Free-cash
-92 651
-8 628
489
-3 916

Estimated living cost  is ₽43307 per week

₽28099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1230
₽186
₽1711
₽228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 290
surtax
-
-
-
-
social contributions

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

-
-
-
19 807
total
-
-
-
24 097
Employee
45 736
-
46 060
-
surtax
-
-
-
-
social contributions
5 031
-
5 067
-
income
9 513
-
9 615
-
total
14 544
-
14 682
-
Employer
45 736
-
46 060
-
social contributions
10 862
-
10 940
-
total
10 862
-
10 940
-
Corporate
402
57 000
-
-
income
85
11 970
-
-
surtax
-
-
-
-
total
85
11 970
-
-
Dividends
317
45 030
-
-
withholding
89
12 608
-
-
total
89
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 580
24 578
25 622
24 097
After tax
31 420
32 422
31 378
32 903
Living cost
31 192
31 192
31 192
31 192
Free-cash
228
1 230
186
1 711

Estimated living cost  is ₽31192 per week

₽23338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19303
-₽13359
-₽13867
-₽24735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 546
other
-
-
-
1 766
surtax
-
-
-
-
social contributions
-
-
-
1 623
health
-
-
-
494
pensions
-
-
-
16 408
total
-
-
-
22 837
Employee
62 283
-
43 437
-
pensions
7 045
-
4 912
-
surtax
-
-
-
-
social contributions
1 774
-
1 238
-
income
5 434
-
2 617
-
total
14 253
-
8 767
-
Employer
62 283
-
43 437
-
health
4 359
-
3 040
-
pensions
10 234
-
7 135
-
unemployment
2 523
-
1 759
-
social contributions
187
-
130
-
other
2 149
-
1 498
-
total
19 452
-
13 562
-
Corporate
-
57 000
-
-
income
-
15 959
-
-
surtax
-
-
-
-
total
-
15 959
-
-
Dividends
-
41 041
-
-
surtax
-
-
-
-
social contributions
-
7 060
-
-
withholding
-
5 254
-
-
total
-
12 314
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 705
28 273
22 329
22 837
After tax
23 295
28 727
34 671
34 163
Living cost
48 030
48 030
48 030
48 030
Free-cash
-24 735
-19 303
-13 359
-13 867

Estimated living cost  is ₽48030 per week

₽32506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21409
₽16207
₽14568
₽18066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
12 540
total
-
-
-
12 540
Employee
31 970
-
49 350
-
income
-
-
43
-
social contributions
2 078
-
3 208
-
total
2 078
-
3 251
-
Employer
31 970
-
49 350
-
social contributions
4 956
-
7 650
-
total
4 956
-
7 650
-
Corporate
20 075
57 000
-
-
income
2 008
5 699
-
-
total
2 008
5 699
-
-
Dividends
18 067
51 301
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
9 042
5 699
10 901
12 540
After tax
47 958
51 301
46 099
44 460
Living cost
29 892
29 892
29 892
29 892
Free-cash
18 066
21 409
16 207
14 568

Estimated living cost  is ₽29892 per week

₽19328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽159566
-₽159566
-₽10866
-₽159566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
4 491
municipal
-
-
-
9 244
national
-
-
-
5 399
pensions
-
-
-
862
total
-
-
-
19 996
Employee
202 050
202 050
202 050
-
municipal
43 025
43 025
43 025
-
labour market
16 141
16 141
16 141
-
pensions
287
287
287
-
national
24 684
24 684
24 684
-
total
84 137
84 137
84 137
-
Employer
202 050
202 050
202 050
-
national
24 727
24 727
24 727
-
labour market
16 164
16 164
16 164
-
pensions
574
574
574
-
municipal
43 094
43 094
43 094
-
total
84 559
84 559
84 559
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
168 696
168 696
168 696
19 996
After tax
-111 696
-111 696
-111 696
37 004
Living cost
47 870
47 870
47 870
47 870
Free-cash
-159 566
-159 566
-159 566
-10 866

Estimated living cost  is ₽47870 per week

₽32763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4235
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.
₽10136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17173
₽8311
₽17608
₽1275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
254
income
-
-
-
10 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
17 602
Employee
34 277
-
47 350
-
pensions
3 860
-
5 331
-
income
4 702
-
6 496
-
health
3 925
-
5 422
-
total
12 487
-
17 249
-
Employer
34 277
-
47 350
-
pensions
5 573
-
7 699
-
accident
572
-
791
-
unemployment
840
-
1 160
-
total
6 985
-
9 650
-
Corporate
15 737
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.

14 164
51 300
-
-
total
14 164
51 300
-
-
Dividends
1 574
5 700
-
-
withholding
299
1 083
-
-
total
299
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 935
52 383
26 899
17 602
After tax
23 065
4 617
30 101
39 398
Living cost
21 790
21 790
21 790
21 790
Free-cash
1 275
-17 173
8 311
17 608

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
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.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1206
-₽2995
₽6027
-₽5191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
462
municipal
-
-
-
10 177
national
-
-
-
2 155
total
-
-
-
12 794
Employee
52 319
-
47 951
-
municipal
8 569
-
7 862
-
unemployment
785
-
719
-
pensions
3 531
-
3 236
-
national
864
-
628
-
health
391
-
323
-
total
14 140
-
12 768
-
Employer
52 319
-
47 951
-
health
402
-
370
-
pensions
9 077
-
8 320
-
accident
53
-
47
-
unemployment
340
-
311
-
total
9 872
-
9 048
-
Corporate
-
57 000
-
-
income
-
11 400
-
-
total
-
11 400
-
-
Dividends

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

-
34 200
-
-
municipal
-
6 156
-
-
national
-
59
-
-
total
-
6 215
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 012
17 615
21 816
12 794
After tax
32 988
39 385
35 184
44 206
Living cost
38 179
38 179
38 179
38 179
Free-cash
-5 191
1 206
-2 995
6 027

Estimated living cost  is ₽38179 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11490
₽15730
₽21659
₽13530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 972
social contributions
-
-
-
8 892
health
-
-
-
1 453
total
-
-
-
12 317
Employee
76 467
76 467
76 467
-
social contributions
2 891
6 346
4 295
-
income
8 326
7 079
7 820
-
health
593
1 300
879
-
total
11 810
14 725
12 994
-
Employer
76 467
76 467
76 467
-
health
644
1 415
957
-
social contributions
2 891
6 346
4 295
-
total
3 535
7 761
5 252
-
Corporate
18 632
-
-
-
income
2 329
-
-
-
total
2 329
-
-
-
Dividends
16 303
-
-
-
withholding
2 772
-
-
-
total
2 772
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 446
22 486
18 246
12 317
After tax
36 554
34 514
38 754
44 683
Living cost
23 024
23 024
23 024
23 024
Free-cash
13 530
11 490
15 730
21 659

Estimated living cost  is ₽23024 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6458
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31414
₽19515
₽26435
₽26355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 824
unemployment
-
-
-
28
health
-
-
-
3 599
pensions
-
-
-
6 326
total
-
-
-
14 777
Employee

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

22 826
-
51 676
-
unemployment
113
-
259
-
pensions
3 423
-
7 752
-
income
1 561
-
3 969
-
health
1 940
-
4 393
-
total
7 037
-
16 373
-
Employer

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

22 826
-
51 676
-
health
981
-
2 223
-
pensions
1 255
-
2 842
-
unemployment
113
-
259
-
total
2 349
-
5 324
-
Corporate
31 825
57 000
-
-
income
2 865
5 129
-
-
total
2 865
5 129
-
-
Dividends
28 960
51 871
-
-
withholding
2 606
4 669
-
-
total
2 606
4 669
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 857
9 798
21 697
14 777
After tax
42 143
47 202
35 303
42 223
Living cost
15 788
15 788
15 788
15 788
Free-cash
26 355
31 414
19 515
26 435

Estimated living cost  is ₽15788 per week

₽10073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11154
₽4450
₽4047
₽5858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
513
income
-
-
-
8 508
other
-
-
-
57
unemployment
-
-
-
398
pensions
-
-
-
16 131
total
-
-
-
25 607
Employee
36 770
-
43 222
-
other
36
-
43
-
unemployment
570
-
670
-
pensions
1 729
-
2 031
-
income
7 089
-
8 682
-
total
9 424
-
11 426
-
Employer
36 770
-
43 222
-
pensions
8 677
-
10 200
-
accident
728
-
855
-
unemployment
2 023
-
2 378
-
other
294
-
345
-
total
11 722
-
13 778
-
Corporate
8 507
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.

1 276
8 551
-
-
total
1 276
8 551
-
-
Dividends
7 232
48 449
-
-
withholding
1 374
9 949
-
-
total
1 374
9 949
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 796
18 500
25 204
25 607
After tax
33 204
38 500
31 796
31 393
Living cost
27 346
27 346
27 346
27 346
Free-cash
5 858
11 154
4 450
4 047

Estimated living cost  is ₽27346 per week

₽18458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33631
₽33838
₽33976
₽33314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 650
health
-
-
-
1 024
pensions
-
-
-
1 413
total
-
-
-
21 087
Employee
2 950
-
55 411
-
unemployment
30
-
71
-
pensions
265
-
636
-
income
571
-
18 576
-
health
147
-
353
-
total
1 013
-
19 636
-
Employer
2 950
-
55 411
-
health
280
-
671
-
pensions
324
-
777
-
unemployment
59
-
141
-
total
663
-
1 589
-
Corporate
53 386
57 000
-
-
income
11 745
12 540
-
-
total
11 745
12 540
-
-
Dividends
41 641
44 460
-
-
withholding
8 328
8 892
-
-
total
8 328
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 749
21 432
21 225
21 087
After tax
35 251
35 568
35 775
35 913
Living cost
1 937
1 937
1 937
1 937
Free-cash
33 314
33 631
33 838
33 976

Estimated living cost  is ₽1937 per week

₽1151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽23977
₽13457
₽11005
₽19083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 244
unemployment
-
-
-
855
health
-
-
-
5 871
pensions
-
-
-
14 820
total
-
-
-
28 790
Employee

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

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

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

25 945
-
48 346
-
unemployment
195
-
363
-
pensions
3 632
-
6 768
-
income
3 576
-
8 062
-
health
1 336
-
2 490
-
total
8 739
-
17 683
-
Employer

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

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

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

25 945
-
48 346
-
health
1 336
-
2 490
-
pensions
3 113
-
5 802
-
unemployment
195
-
363
-
total
4 644
-
8 655
-
Corporate
26 411
57 000
-
-
income
3 962
8 550
-
-
total
3 962
8 550
-
-
Dividends
22 450
48 450
-
-
withholding
3 367
7 268
-
-
total
3 367
7 268
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 712
15 818
26 338
28 790
After tax
36 288
41 182
30 662
28 210
Living cost
17 205
17 205
17 205
17 205
Free-cash
19 083
23 977
13 457
11 005

Estimated living cost  is ₽17205 per week

₽11584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
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.
₽3792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5613
₽4569
₽6094
₽5254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 290
surtax
-
-
-
-
social contributions

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

-
-
-
19 807
total
-
-
-
24 097
Employee
38 596
-
46 060
-
surtax
-
-
-
-
social contributions
4 246
-
5 067
-
income
7 541
-
9 615
-
total
11 787
-
14 682
-
Employer
38 596
-
46 060
-
social contributions
9 166
-
10 940
-
total
9 166
-
10 940
-
Corporate
9 238
57 000
-
-
income
1 940
11 970
-
-
surtax
-
-
-
-
total
1 940
11 970
-
-
Dividends
7 298
45 030
-
-
withholding
2 044
12 608
-
-
total
2 044
12 608
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 937
24 578
25 622
24 097
After tax
32 063
32 422
31 378
32 903
Living cost
26 809
26 809
26 809
26 809
Free-cash
5 254
5 613
4 569
6 094

Estimated living cost  is ₽26809 per week

₽18988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3551
-₽3153
-₽3556
-₽6340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
513
income
-
-
-
8 508
other
-
-
-
57
unemployment
-
-
-
398
pensions
-
-
-
16 131
total
-
-
-
25 607
Employee
48 026
-
43 222
-
other
47
-
43
-
unemployment
744
-
670
-
pensions
2 257
-
2 031
-
income
10 031
-
8 682
-
total
13 079
-
11 426
-
Employer
48 026
-
43 222
-
pensions
11 334
-
10 200
-
accident
951
-
855
-
unemployment
2 642
-
2 378
-
other
385
-
345
-
total
15 312
-
13 778
-
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.

-
8 551
-
-
total
-
8 551
-
-
Dividends
-
48 449
-
-
withholding
-
9 949
-
-
total
-
9 949
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 391
18 500
25 204
25 607
After tax
28 609
38 500
31 796
31 393
Living cost
34 949
34 949
34 949
34 949
Free-cash
-6 340
3 551
-3 153
-3 556

Estimated living cost  is ₽34949 per week

₽25099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31629
₽23031
₽22070
₽25569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 550
unemployment
-
-
-
139
health
-
-
-
3 994
pensions

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

-
-
-
5 141
total
-
-
-
17 824
Employee
22 651
-
50 185
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 989
-
3 050
-
income
2 265
-
5 018
-
health
1 042
-
1 598
-
total
5 545
-
10 048
-
Employer
22 651
-
50 185
-
health
1 563
-
2 397
-
pensions

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

2 496
-
3 828
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
208
-
total
4 444
-
6 815
-
Corporate
29 905
57 000
-
-
income
2 990
5 700
-
-
total
2 990
5 700
-
-
Dividends
26 915
51 300
-
-
withholding
1 346
2 565
-
-
total
1 346
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 325
8 265
16 863
17 824
After tax
42 675
48 735
40 137
39 176
Living cost
17 106
17 106
17 106
17 106
Free-cash
25 569
31 629
23 031
22 070

Estimated living cost  is ₽17106 per week

₽11314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8862
₽5263
₽3717
₽4146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 209
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.

-
-
-
342
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.

-
-
-
6 794
trade
-
-
-
1 546
total
-
-
-
14 891
Employee

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

49 479
-
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.

225
-
342
-
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.

4 069
-
6 209
-
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.

6 794
-
6 794
-
total
11 088
-
13 345
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 521
57 000
-
-
income
1 128
8 551
-
-
surtax

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

62
470
-
-
chamber of commerce
162
234
-
-
trade
1 079
8 179
-
-
total
2 431
17 434
-
-
Dividends
5 089
39 567
-
-
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.

49
523
-
-
withholding
894
9 513
-
-
total
943
10 036
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 462
27 470
13 345
14 891
After tax
42 538
29 530
43 655
42 109
Living cost
38 392
38 392
38 392
38 392
Free-cash
4 146
-8 862
5 263
3 717

Estimated living cost  is ₽38392 per week

₽26484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16748
-₽12108
-₽12108
-₽20787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 286
social contributions
-
-
-
4 175
total
-
-
-
12 461
Employee
77 786
-
57 000
-
income
14 678
-
8 286
-
social contributions
6 462
-
4 175
-
total
21 140
-
12 461
-
Employer
77 786
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
income
-
7 126
-
-
total
-
7 126
-
-
Dividends
-
49 874
-
-
withholding
-
9 975
-
-
total
-
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 140
17 101
12 461
12 461
After tax
35 860
39 899
44 539
44 539
Living cost
56 647
56 647
56 647
56 647
Free-cash
-20 787
-16 748
-12 108
-12 108

Estimated living cost  is ₽56647 per week

₽43096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽4303
₽5104
-₽13429
₽1459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
28 307
health

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

-
-
-
6 024
total
-
-
-
34 331
Employee
45 618
-
52 426
-
income
4 950
-
6 650
-
social contributions
4 571
-
4 574
-
total
9 521
-
11 224
-
Employer
45 618
-
52 426
-
social contributions
4 571
-
4 574
-
total
4 571
-
4 574
-
Corporate
6 811
57 000
-
-
income
2 383
19 951
-
-
total
2 383
19 951
-
-
Dividends
4 428
37 049
-
-
social contributions
2 968
5 254
-
-
total
2 968
5 254
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 443
25 205
15 798
34 331
After tax
37 557
31 795
41 202
22 669
Living cost
36 098
36 098
36 098
36 098
Free-cash
1 459
-4 303
5 104
-13 429

Estimated living cost  is ₽36098 per week

₽23778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6105
₽433
₽6211
₽547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 703
pensions
-
-
-
3 485
total
-
-
-
14 188
Employee
50 240
-
50 872
-
pensions
3 835
-
3 911
-
income
9 149
-
9 258
-
health
655
-
668
-
total
13 639
-
13 837
-
Employer
50 240
-
50 872
-
health
955
-
966
-
pensions
5 076
-
5 163
-
total
6 031
-
6 129
-
Corporate
729
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.

139
10 831
-
-
total
139
10 831
-
-
Dividends
590
46 169
-
-
withholding
43
3 463
-
-
total
43
3 463
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 852
14 294
19 966
14 188
After tax
37 148
42 706
37 034
42 812
Living cost
36 601
36 601
36 601
36 601
Free-cash
547
6 105
433
6 211

Estimated living cost  is ₽36601 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19330
₽6154
₽15451
₽944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
254
income
-
-
-
10 600
other
-
-
-
373
health
-
-
-
2 192
pensions
-
-
-
4 183
total
-
-
-
17 602
Employee
37 670
-
47 350
-
pensions
4 242
-
5 331
-
income
5 168
-
6 496
-
health
4 313
-
5 422
-
total
13 723
-
17 249
-
Employer
37 670
-
47 350
-
pensions
6 125
-
7 699
-
accident
629
-
791
-
unemployment
923
-
1 160
-
total
7 677
-
9 650
-
Corporate
11 653
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.

10 488
51 300
-
-
total
10 488
51 300
-
-
Dividends
1 165
5 700
-
-
withholding
221
1 083
-
-
total
221
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 109
52 383
26 899
17 602
After tax
24 891
4 617
30 101
39 398
Living cost
23 947
23 947
23 947
23 947
Free-cash
944
-19 330
6 154
15 451

Estimated living cost  is ₽23947 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34964
₽20239
₽20239
₽30109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 600
unemployment
-
-
-
684
work injury
-
-
-
285
health insurance
-
-
-
4 218
pensions
-
-
-
10 488
total
-
-
-
23 275
Employee

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

21 577
-
57 000
-
health insurance
1 597
-
4 218
-
unemployment
259
-
684
-
work injury
108
-
285
-
pensions
3 970
-
10 488
-
income
2 158
-
7 600
-
total
8 092
-
23 275
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 423
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
35 423
57 000
-
-
withholding
5 313
8 550
-
-
total
5 313
8 550
-
-
Income
57 000
57 000
57 000
57 000
Total tax
13 405
8 550
23 275
23 275
After tax
43 595
48 450
33 725
33 725
Living cost
13 486
13 486
13 486
13 486
Free-cash
30 109
34 964
20 239
20 239

Estimated living cost  is ₽13486 per week

₽8355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽9593
-₽11992
-₽8831
-₽26798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 661
regional
-
-
-
873
municipal
-
-
-
381
national
-
-
-
10 300
total
-
-
-
26 215
Employee
83 797
-
57 000
-
municipal
500
-
340
-
national
14 161
-
9 068
-
regional
1 265
-
748
-
social contributions
28 256
-
19 220
-
total
44 182
-
29 376
-
Employer
83 797
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
municipal
-
2 748
-
-
nationa
-
13 680
-
-
total
-
16 428
-
-
Dividends
-
40 573
-
-
withholding
-
10 549
-
-
total
-
10 549
-
-
Income
57 000
57 000
57 000
57 000
Total tax
44 182
26 977
29 376
26 215
After tax
12 818
30 023
27 624
30 785
Living cost
39 616
39 616
39 616
39 616
Free-cash
-26 798
-9 593
-11 992
-8 831

Estimated living cost  is ₽39616 per week

₽27827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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