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
₽11737
₽13393
₽9716
-₽1342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
trade
-
-
-
1 656
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.

-
-
-
6 831
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.

-
-
-
6 152
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.

-
-
-
338
total
-
-
-
14 977
Employee

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

38 244
-
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
-
338
-
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.

1 068
-
6 152
-
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.

6 831
-
6 831
-
total
7 958
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 756
57 000
-
-
trade
2 954
8 977
-
-
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.

156
471
-
-
income
2 814
8 550
-
-
chamber of commerce
178
233
-
-
total
6 102
18 231
-
-
Dividends
12 654
38 769
-
-
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.

154
512
-
-
withholding
2 784
9 313
-
-
total
2 938
9 825
-
-
Income
57 000
57 000
57 000
57 000
Total tax
16 998
28 056
13 321
14 977
After tax
40 002
28 944
43 679
42 023
Living cost
30 286
30 286
30 286
30 286
Free-cash
9 716
-1 342
13 393
11 737

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14680
-₽14232
-₽28291
-₽14874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
613
municipal
-
-
-
5 407
national
-
-
-
8 378
pensions
-
-
-
6 840
total
-
-
-
21 238
Employee
78 195
-
49 276
-
pensions
3 128
-
1 971
-
national
14 966
-
8 720
-
municipal
9 658
-
5 627
-
total
27 752
-
16 318
-
Employer
78 195
-
49 276
-
pensions
6 256
-
3 942
-
social contributions
841
-
530
-
total
7 097
-
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
34 849
21 432
20 790
21 238
After tax
22 151
35 568
36 210
35 762
Living cost
50 442
50 442
50 442
50 442
Free-cash
-28 291
-14 874
-14 232
-14 680

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24500
₽11816
₽16595
₽24798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
57 000
social contributions

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

-
-
-
3 148
income
-
-
-
-
microenterprise
-
-
-
8 550
surtax
-
-
-
-
total
-
-
-
11 698
Employee
29 217
-
45 934
-
income
5 201
-
8 263
-
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.

3 214
-
5 053
-
surtax
-
-
-
-
total
8 415
-
13 316
-
Employer
29 217
-
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.

7 038
-
11 066
-
surtax
-
-
-
-
total
7 038
-
11 066
-
Corporate
20 745
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%.

4 150
11 400
-
-
total
4 150
11 400
-
-
Dividends

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

16 595
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 603
11 400
24 382
11 698
After tax
37 397
45 600
32 618
45 302
Living cost
20 802
20 802
20 802
20 802
Free-cash
16 595
24 798
11 816
24 500

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9292
-₽42291
-₽42291
-₽36678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 749
income
-
-
-
5 396
pensions
-
-
-
10 260
total
-
-
-
24 405
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
57 404
51 791
57 404
24 405
After tax
-404
5 209
-404
32 595
Living cost
41 887
41 887
41 887
41 887
Free-cash
-42 291
-36 678
-42 291
-9 292

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10034
-₽8010
-₽14998
-₽7326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
6 623
unemployment
-
-
-
57
accident
-
-
-
114
municipal
-
-
-
12 073
health
-
-
-
3 557
national
-
-
-
-
pensions
-
-
-
6 162
total
-
-
-
28 586
Employee
54 785
-
43 372
-
national
-
-
-
-
municipal
16 337
-
12 934
-
total
16 337
-
12 934
-
Employer
54 785
-
43 372
-
pensions
5 922
-
4 689
-
other
6 366
-
5 040
-
accident
110
-
87
-
health
3 369
-
2 667
-
unemployment
1 446
-
1 145
-
total
17 213
-
13 628
-
Corporate
-
57 000
-
-
income
-
12 540
-
-
total
-
12 540
-
-
Dividends
-
44 460
-
-
withholding
-
13 338
-
-
total
-
13 338
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 550
25 878
26 562
28 586
After tax
23 450
31 122
30 438
28 414
Living cost
38 448
38 448
38 448
38 448
Free-cash
-14 998
-7 326
-8 010
-10 034

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2670
₽4399
₽3419
-₽10630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
trade
-
-
-
1 729
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.

-
-
-
6 831
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.

-
-
-
6 152
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.

-
-
-
338
total
-
-
-
15 050
Employee

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

50 706
-
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.

239
-
338
-
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.

4 357
-
6 152
-
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.

6 831
-
6 831
-
total
11 427
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 294
57 000
-
-
trade
1 036
9 377
-
-
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.

51
471
-
-
income
945
8 550
-
-
chamber of commerce
161
233
-
-
total
2 193
18 631
-
-
Dividends
4 100
38 369
-
-
surtax

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

36
507
-
-
withholding
645
9 212
-
-
total
681
9 719
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 301
28 350
13 321
15 050
After tax
42 699
28 650
43 679
41 950
Living cost
39 280
39 280
39 280
39 280
Free-cash
3 419
-10 630
4 399
2 670

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12292
₽6272
₽5393
₽1960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 892
health
-
-
-
1 453
income
-
-
-
1 932
total
-
-
-
12 277
Employee
76 887
76 887
76 887
-
income
8 074
7 117
7 871
-
social contributions
3 736
6 381
4 294
-
health
765
1 307
880
-
total
12 575
14 805
13 045
-
Employer
76 887
76 887
76 887
-
health
833
1 423
958
-
social contributions
3 736
6 381
4 294
-
total
4 569
7 804
5 252
-
Corporate
7 425
-
-
-
income
928
-
-
-
total
928
-
-
-
Dividends
6 497
-
-
-
withholding
1 104
-
-
-
total
1 104
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 176
22 609
18 297
12 277
After tax
37 824
34 391
38 703
44 723
Living cost
32 431
32 431
32 431
32 431
Free-cash
5 393
1 960
6 272
12 292

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21251
₽14808
₽14415
₽14035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
855
health
-
-
-
3 990
income
-
-
-
6 968
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.

26 323
10 476
47 699
-
income
3 218
1 281
5 831
-
pensions
2 632
1 048
4 770
-
unemployment
395
157
715
-
health
1 843
733
3 339
-
total
8 088
3 219
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.

26 323
10 476
47 699
-
pensions
5 133
2 043
9 301
-
total
5 133
2 043
9 301
-
Corporate
25 544
44 481
-
-
income
2 299
4 003
-
-
total
2 299
4 003
-
-
Dividends
23 245
40 478
-
-
social contributions
4 413
7 773
-
-
withholding
4 416
7 691
-
-
total
8 829
15 464
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 349
24 729
23 956
17 513
After tax
32 651
32 271
33 044
39 487
Living cost
18 236
18 236
18 236
18 236
Free-cash
14 415
14 035
14 808
21 251

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7470
₽9452
₽15238
₽21449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 410
income
-
-
-
6 569
pensions
-
-
-
11 400
total
-
-
-
25 379
Employee
28 365
-
42 600
-
income
3 193
-
7 463
-
pensions
567
-
852
-
unemployment
453
-
681
-
total
4 213
-
8 996
-
Employer
28 365
-
42 600
-
pensions
5 673
-
8 520
-
health
3 687
-
5 539
-
unemployment
228
-
342
-
total
9 588
-
14 401
-
Corporate
19 047
57 000
-
-
income
3 810
11 400
-
-
total
3 810
11 400
-
-
Dividends
15 237
45 600
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
17 611
11 400
23 397
25 379
After tax
39 389
45 600
33 603
31 621
Living cost
24 151
24 151
24 151
24 151
Free-cash
15 238
21 449
9 452
7 470

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17478
₽8187
₽1255
-₽17297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
10 670
pensions
-
-
-
4 145
total
-
-
-
17 608
Employee
34 472
-
47 350
-
income
4 729
-
6 496
-
pensions
3 882
-
5 331
-
health
3 947
-
5 422
-
total
12 558
-
17 249
-
Employer
34 472
-
47 350
-
pensions
5 605
-
7 699
-
accident
575
-
791
-
unemployment
845
-
1 160
-
total
7 025
-
9 650
-
Corporate
15 503
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.

13 953
51 300
-
-
total
13 953
51 300
-
-
Dividends
1 550
5 700
-
-
withholding
295
1 083
-
-
total
295
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 831
52 383
26 899
17 608
After tax
23 169
4 617
30 101
39 392
Living cost
21 914
21 914
21 914
21 914
Free-cash
1 255
-17 297
8 187
17 478

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47419
₽36589
₽43450
₽45139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
57 000
-
income
2 252
-
11 400
-
total
2 252
-
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%.

45 737
57 000
-
-
total
-
-
-
-
Dividends
45 737
57 000
-
-
withholding
2 287
2 850
-
-
total
2 287
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
4 539
2 850
11 400
570
After tax
52 461
54 150
45 600
56 430
Living cost
9 011
9 011
9 011
9 011
Free-cash
43 450
45 139
36 589
47 419

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4221
₽6765
₽8483
₽15236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
2 708
health
-
-
-
2 508
income
-
-
-
7 241
pensions

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

-
-
-
13 679
total
-
-
-
26 136
Employee
36 305
-
45 526
-
income
6 250
-
7 837
-
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.

2 541
-
3 188
-
unemployment
362
-
455
-
health
509
-
638
-
total
9 662
-
12 118
-
Employer
36 305
-
45 526
-
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.

6 172
-
7 740
-
other
1 816
-
2 277
-
accident
290
-
364
-
health
509
-
638
-
unemployment
362
-
455
-
total
9 149
-
11 474
-
Corporate
11 545
57 000
-
-
income
2 425
11 969
-
-
total
2 425
11 969
-
-
Dividends
9 121
45 031
-
-
withholding
638
3 152
-
-
total
638
3 152
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 874
15 121
23 592
26 136
After tax
35 126
41 879
33 408
30 864
Living cost
26 643
26 643
26 643
26 643
Free-cash
8 483
15 236
6 765
4 221

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24413
-₽30154
-₽51195
-₽24547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 710
pensions
-
-
-
3 450
total
-
-
-
14 160
Employee
95 153
-
50 903
-
income
17 152
-
9 275
-
pensions
9 180
-
3 869
-
health
1 568
-
660
-
total
27 900
-
13 804
-
Employer
95 153
-
50 903
-
pensions
11 235
-
5 129
-
health
1 807
-
968
-
total
13 042
-
6 097
-
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.

-
10 830
-
-
total
-
10 830
-
-
Dividends
-
46 170
-
-
withholding
-
3 464
-
-
total
-
3 464
-
-
Income
57 000
57 000
57 000
57 000
Total tax
40 942
14 294
19 901
14 160
After tax
16 058
42 706
37 099
42 840
Living cost
67 253
67 253
67 253
67 253
Free-cash
-51 195
-24 547
-30 154
-24 413

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26019
₽26971
₽30984
₽35628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
8 550
pensions

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

-
-
-
5 168
total
-
-
-
17 874
Employee
17 356
-
50 149
-
income
1 735
-
5 015
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
10 071
-
Employer
17 356
-
50 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
36 238
57 000
-
-
income
3 624
5 700
-
-
total
3 624
5 700
-
-
Dividends
32 614
51 300
-
-
withholding
1 631
2 565
-
-
total
1 631
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
12 909
8 265
16 922
17 874
After tax
44 091
48 735
40 078
39 126
Living cost
13 107
13 107
13 107
13 107
Free-cash
30 984
35 628
26 971
26 019

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22850
-₽55849
-₽51932
-₽50236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 749
income
-
-
-
5 396
pensions
-
-
-
10 260
total
-
-
-
24 405
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
53 487
51 791
57 404
24 405
After tax
3 513
5 209
-404
32 595
Living cost
55 445
55 445
55 445
55 445
Free-cash
-51 932
-50 236
-55 849
-22 850

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3750
₽4914
₽6667
₽15233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
health
-
-
-
7 695
income
-
-
-
4 899
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
35 311
-
42 537
-
income
4 237
-
5 104
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
2 765
-
health
4 767
-
5 743
-
total
11 299
-
13 612
-
Employer
35 311
-
42 537
-
health
3 178
-
3 828
-
social contributions
8 828
-
10 634
-
total
12 006
-
14 462
-
Corporate
9 683
57 000
-
-
income
1 840
10 830
-
-
total
1 840
10 830
-
-
Dividends
7 843
46 170
-
-
withholding
1 176
6 925
-
-
total
1 176
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 321
17 755
28 074
29 238
After tax
30 679
39 245
28 926
27 762
Living cost
24 012
24 012
24 012
24 012
Free-cash
6 667
15 233
4 914
3 750

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11056
-₽14274
-₽31864
-₽11782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 660
municipal
-
-
-
340
national
-
-
-
10 294
regional
-
-
-
570
total
-
-
-
25 864
Employee
88 864
-
57 000
-
national
15 398
-
9 062
-
social contributions
29 965
-
19 220
-
municipal
471
-
302
-
regional
838
-
498
-
total
46 672
-
29 082
-
Employer
88 864
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
nationa
-
13 681
-
-
municipal
-
2 224
-
-
total
-
15 905
-
-
Dividends
-
41 095
-
-
withholding
-
10 685
-
-
total
-
10 685
-
-
Income
57 000
57 000
57 000
57 000
Total tax
46 672
26 590
29 082
25 864
After tax
10 328
30 410
27 918
31 136
Living cost
42 192
42 192
42 192
42 192
Free-cash
-31 864
-11 782
-14 274
-11 056

Estimated living cost  is ₽42192 per week

₽29411
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.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10189
₽8966
₽10676
₽13791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
4 047
income
-
-
-
8 569
surtax
-
-
-
503
pensions
-
-
-
11 400
total
-
-
-
24 747
Employee
33 066
-
47 088
-
income
5 543
-
8 030
-
pensions
2 205
-
3 140
-
unemployment
2 302
-
3 277
-
health
844
-
1 201
-
other
-
-
-
-
surtax
108
-
410
-
total
11 002
-
16 058
-
Employer
33 066
-
47 088
-
pensions
4 408
-
6 277
-
other
-
-
-
-
health
1 505
-
2 142
-
unemployment
1 047
-
1 493
-
total
6 960
-
9 912
-
Corporate
16 974
57 000
-
-
income
4 414
14 819
-
-
total
4 414
14 819
-
-
Dividends
12 561
42 181
-
-
withholding
1 884
6 326
-
-
total
1 884
6 326
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 260
21 145
25 970
24 747
After tax
32 740
35 855
31 030
32 253
Living cost
22 064
22 064
22 064
22 064
Free-cash
10 676
13 791
8 966
10 189

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3106
-₽8847
-₽14884
-₽3240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 710
pensions
-
-
-
3 450
total
-
-
-
14 160
Employee
63 769
-
50 903
-
income
11 485
-
9 275
-
pensions
5 413
-
3 869
-
health
926
-
660
-
total
17 824
-
13 804
-
Employer
63 769
-
50 903
-
pensions
6 903
-
5 129
-
health
1 211
-
968
-
total
8 114
-
6 097
-
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.

-
10 830
-
-
total
-
10 830
-
-
Dividends
-
46 170
-
-
withholding
-
3 464
-
-
total
-
3 464
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 938
14 294
19 901
14 160
After tax
31 062
42 706
37 099
42 840
Living cost
45 946
45 946
45 946
45 946
Free-cash
-14 884
-3 240
-8 847
-3 106

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27245
-₽30137
-₽39875
-₽49516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
247
city
-
-
-
600
national
-
-
-
171
regional
-
-
-
1 264
pensions
-
-
-
5 243
total
-
-
-
8 664
Employee
88 449
-
51 017
-
pensions
7 431
-
4 286
-
national
419
-
138
-
unemployment
-
-
-
-
city
949
-
547
-
health
200
-
115
-
regional
2 896
-
1 048
-
total
11 895
-
6 134
-
Employer
88 449
-
51 017
-
pensions
7 431
-
4 286
-
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.

1 768
-
1 021
-
health
200
-
115
-
unemployment
-
-
-
-
total
9 399
-
5 422
-
Corporate
-
57 000
-
-
regional
-
12 055
-
-
national
-
4 845
-
-
total
-
16 900
-
-
Dividends
-
40 100
-
-
withholding
-
14 035
-
-
total
-
14 035
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 294
30 935
11 556
8 664
After tax
35 706
26 065
45 444
48 336
Living cost
75 581
75 581
75 581
75 581
Free-cash
-39 875
-49 516
-30 137
-27 245

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3929
-₽2126
-₽3091
-₽17448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
trade
-
-
-
1 803
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.

-
-
-
6 831
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.

-
-
-
6 152
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.

-
-
-
338
total
-
-
-
15 124
Employee

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

60 091
-
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.

389
-
338
-
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.

7 066
-
6 152
-
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.

6 831
-
6 831
-
total
14 286
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
57 000
-
-
trade
-
9 776
-
-
surtax

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

-
471
-
-
income
-
8 550
-
-
chamber of commerce
-
231
-
-
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.

-
501
-
-
withholding
-
9 114
-
-
total
-
9 615
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 286
28 643
13 321
15 124
After tax
42 714
28 357
43 679
41 876
Living cost
45 805
45 805
45 805
45 805
Free-cash
-3 091
-17 448
-2 126
-3 929

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽41
₽473
₽426
-₽5482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 767
social contributions
-
-
-
1 624
health
-
-
-
493
income
-
-
-
2 529
surtax
-
-
-
-
pensions
-
-
-
16 419
total
-
-
-
22 832
Employee
42 794
-
43 437
-
income
2 526
-
2 603
-
pensions
4 839
-
4 914
-
social contributions
1 220
-
1 237
-
surtax
-
-
-
-
total
8 585
-
8 754
-
Employer
42 794
-
43 437
-
pensions
7 030
-
7 135
-
other
1 476
-
1 499
-
health
2 996
-
3 040
-
unemployment
1 732
-
1 759
-
social contributions
129
-
131
-
total
13 363
-
13 564
-
Corporate
842
57 000
-
-
surtax
-
-
-
-
income
235
15 960
-
-
total
235
15 960
-
-
Dividends
607
41 040
-
-
surtax
-
-
-
-
social contributions
104
7 059
-
-
withholding
78
5 254
-
-
total
182
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 365
28 273
22 318
22 832
After tax
34 635
28 727
34 682
34 168
Living cost
34 209
34 209
34 209
34 209
Free-cash
426
-5 482
473
-41

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
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.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3348
₽3862
₽3460
-₽2093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 767
social contributions
-
-
-
1 624
health
-
-
-
493
income
-
-
-
2 529
surtax
-
-
-
-
pensions
-
-
-
16 419
total
-
-
-
22 832
Employee
38 199
-
43 437
-
income
1 970
-
2 603
-
pensions
4 321
-
4 914
-
social contributions
1 089
-
1 237
-
surtax
-
-
-
-
total
7 380
-
8 754
-
Employer
38 199
-
43 437
-
pensions
6 277
-
7 135
-
other
1 319
-
1 499
-
health
2 674
-
3 040
-
unemployment
1 546
-
1 759
-
social contributions
114
-
131
-
total
11 930
-
13 564
-
Corporate
6 871
57 000
-
-
surtax
-
-
-
-
income
1 924
15 960
-
-
total
1 924
15 960
-
-
Dividends
4 947
41 040
-
-
surtax
-
-
-
-
social contributions
852
7 059
-
-
withholding
634
5 254
-
-
total
1 486
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
22 720
28 273
22 318
22 832
After tax
34 280
28 727
34 682
34 168
Living cost
30 820
30 820
30 820
30 820
Free-cash
3 460
-2 093
3 862
3 348

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15402
₽12985
₽14092
₽13573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
7 867
health
-
-
-
3 979
income
-
-
-
8 550
total
-
-
-
20 396
Employee
33 902
-
57 000
-
income
5 654
-
10 967
-
social contributions
4 679
-
7 867
-
health
2 366
-
3 979
-
total
12 699
-
22 813
-
Employer
33 902
-
57 000
-
total
-
-
-
-
Corporate
23 098
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%.

1 156
2 850
-
-
total
1 156
2 850
-
-
Dividends
21 942
54 150
-
-
social contributions
3 028
7 472
-
-
health
1 531
3 780
-
-
withholding
3 292
8 123
-
-
total
7 851
19 375
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 706
22 225
22 813
20 396
After tax
35 294
34 775
34 187
36 604
Living cost
21 202
21 202
21 202
21 202
Free-cash
14 092
13 573
12 985
15 402

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3648
-₽13197
-₽8495
-₽2555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
chamber of commerce
-
-
-
228
unemployment
-
-
-
6 133
health
-
-
-
4 360
income
-
-
-
3 954
surtax
-
-
-
197
pensions
-
-
-
10 544
total
-
-
-
25 416
Employee
49 970
39 847
44 109
-
income
5 689
2 939
4 009
-
pensions
5 117
4 080
4 516
-
unemployment
1 499
1 195
1 323
-
health
1 934
1 543
1 708
-
other
499
398
440
-
total
14 738
10 155
11 996
-
Employer
49 970
39 847
44 109
-
pensions
6 271
5 002
5 535
-
other
2 374
1 892
2 097
-
accident
649
518
573
-
health
1 888
1 507
1 668
-
payroll
1 499
1 195
1 323
-
chamber of commerce
199
159
176
-
unemployment
1 499
1 195
1 323
-
surtax
197
197
197
-
total
14 576
11 665
12 892
-
Corporate
3 795
5 487
40 314
-
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.

949
1 372
10 077
-
total
949
1 372
10 077
-
Dividends
-
4 115
-
-
withholding
-
1 131
-
-
total
-
1 131
-
-
Income
57 000
57 000
57 000
57 000
Total tax
30 263
24 323
34 965
25 416
After tax
26 737
32 677
22 035
31 584
Living cost
35 232
35 232
35 232
35 232
Free-cash
-8 495
-2 555
-13 197
-3 648

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
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.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5757
-₽11962
-₽35342
-₽4333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
6 571
communal

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

-
-
-
3 026
national
-
-
-
16 703
total
-
-
-
26 300
Employee

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

71 523
-
44 148
-
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.

5 364
-
3 311
-
national
21 989
-
11 579
-
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.

622
-
383
-
communal

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

3 730
-
2 304
-
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.

3 360
-
2 076
-
total
35 065
-
19 653
-
Employer

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

71 523
-
44 148
-
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.

6 338
-
3 911
-
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.

930
-
575
-
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.

4 398
-
2 715
-
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.

1 044
-
645
-
surtax
8 110
-
5 006
-
total
20 820
-
12 852
-
Corporate
-
57 000
-
-
surtax
-
228
-
-
income
-
11 400
-
-
total
-
11 628
-
-
Dividends
-
45 372
-
-
withholding

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

-
13 248
-
-
total
-
13 248
-
-
Income
57 000
57 000
57 000
57 000
Total tax
55 885
24 876
32 505
26 300
After tax
1 115
32 124
24 495
30 700
Living cost
36 457
36 457
36 457
36 457
Free-cash
-35 342
-4 333
-11 962
-5 757

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4697
-₽4297
-₽8638
₽2393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57
unemployment
-
-
-
398
accident
-
-
-
512
income
-
-
-
8 490
pensions
-
-
-
16 130
total
-
-
-
25 587
Employee
49 772
-
43 219
-
income
10 502
-
8 661
-
pensions
2 340
-
2 032
-
unemployment
772
-
670
-
other
49
-
44
-
total
13 663
-
11 407
-
Employer
49 772
-
43 219
-
pensions
11 745
-
10 199
-
other
397
-
347
-
accident
985
-
856
-
unemployment
2 738
-
2 378
-
total
15 865
-
13 780
-
Corporate
-
57 000
-
-
income

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

-
8 550
-
-
total
-
8 550
-
-
Dividends
-
48 450
-
-
withholding
-
9 947
-
-
total
-
9 947
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 528
18 497
25 187
25 587
After tax
27 472
38 503
31 813
31 413
Living cost
36 110
36 110
36 110
36 110
Free-cash
-8 638
2 393
-4 297
-4 697

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16597
-₽15453
-₽27767
-₽18525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
512
health
-
-
-
4 275
income
-
-
-
2 336
communal
-
-
-
-
surtax
-
-
-
3 017
pensions
-
-
-
9 119
total
-
-
-
19 259
Employee
75 721
-
50 915
-
income
7 314
-
2 573
-
pensions
6 057
-
4 074
-
health
3 370
-
2 266
-
surtax
4 641
-
3 119
-
total
21 382
-
12 032
-
Employer
75 721
-
50 915
-
pensions
6 057
-
4 074
-
accident
681
-
457
-
health
2 309
-
1 552
-
total
9 047
-
6 083
-
Corporate
-
57 000
-
-
communal
-
3 848
-
-
surtax
-
598
-
-
income
-
8 550
-
-
total
-
12 996
-
-
Dividends
-
44 004
-
-
withholding
-
6 601
-
-
income
-
1 590
-
-
total
-
8 191
-
-
Income
57 000
57 000
57 000
57 000
Total tax
30 429
21 187
18 115
19 259
After tax
26 571
35 813
38 885
37 741
Living cost
54 338
54 338
54 338
54 338
Free-cash
-27 767
-18 525
-15 453
-16 597

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9794
₽8571
₽10213
₽13396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
4 047
income
-
-
-
8 569
surtax
-
-
-
503
pensions
-
-
-
11 400
total
-
-
-
24 747
Employee
33 673
-
47 088
-
income
5 645
-
8 030
-
pensions
2 247
-
3 140
-
unemployment
2 343
-
3 277
-
health
860
-
1 201
-
other
-
-
-
-
surtax
120
-
410
-
total
11 215
-
16 058
-
Employer
33 673
-
47 088
-
pensions
4 489
-
6 277
-
other
-
-
-
-
health
1 531
-
2 142
-
unemployment
1 068
-
1 493
-
total
7 088
-
9 912
-
Corporate
16 238
57 000
-
-
income
4 222
14 819
-
-
total
4 222
14 819
-
-
Dividends
12 016
42 181
-
-
withholding
1 803
6 326
-
-
total
1 803
6 326
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 328
21 145
25 970
24 747
After tax
32 672
35 855
31 030
32 253
Living cost
22 459
22 459
22 459
22 459
Free-cash
10 213
13 396
8 571
9 794

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3912
₽713
₽807
₽3024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 660
municipal
-
-
-
340
national
-
-
-
10 294
regional
-
-
-
859
total
-
-
-
26 153
Employee
55 465
-
57 000
-
national
8 787
-
9 062
-
social contributions
18 703
-
19 220
-
municipal
294
-
302
-
regional
747
-
768
-
total
28 531
-
29 352
-
Employer
55 465
-
57 000
-
total
-
-
-
-
Corporate
1 535
57 000
-
-
nationa
368
13 681
-
-
municipal
76
2 833
-
-
total
444
16 514
-
-
Dividends
1 091
40 486
-
-
withholding
283
10 527
-
-
total
283
10 527
-
-
Income
57 000
57 000
57 000
57 000
Total tax
29 258
27 041
29 352
26 153
After tax
27 742
29 959
27 648
30 847
Living cost
26 935
26 935
26 935
26 935
Free-cash
807
3 024
713
3 912

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1827
-₽663
-₽1307
₽9656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
16 644
health
-
-
-
7 695
income
-
-
-
4 899
solidarity contribution
-
-
-
-
total
-
-
-
29 238
Employee
43 513
-
42 537
-
income
5 222
-
5 104
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
2 765
-
health
5 874
-
5 743
-
total
13 924
-
13 612
-
Employer
43 513
-
42 537
-
health
3 916
-
3 828
-
social contributions
10 878
-
10 634
-
total
14 794
-
14 462
-
Corporate
-
57 000
-
-
income
-
10 830
-
-
total
-
10 830
-
-
Dividends
-
46 170
-
-
withholding
-
6 925
-
-
total
-
6 925
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 718
17 755
28 074
29 238
After tax
28 282
39 245
28 926
27 762
Living cost
29 589
29 589
29 589
29 589
Free-cash
-1 307
9 656
-663
-1 827

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽119
-₽9821
-₽236
₽883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
chamber of commerce
-
-
-
228
unemployment
-
-
-
6 133
health
-
-
-
4 360
income
-
-
-
3 954
surtax
-
-
-
-
pensions
-
-
-
10 544
total
-
-
-
25 219
Employee
43 708
39 847
44 260
-
income
3 894
2 939
4 051
-
pensions
4 476
4 080
4 533
-
unemployment
1 311
1 195
1 328
-
health
1 691
1 543
1 713
-
other
436
398
442
-
total
11 808
10 155
12 067
-
Employer
43 708
39 847
44 260
-
pensions
5 486
5 002
5 554
-
other
2 076
1 892
2 102
-
accident
567
518
575
-
health
1 653
1 507
1 674
-
payroll
1 311
1 195
1 328
-
chamber of commerce
175
159
176
-
unemployment
1 311
1 195
1 328
-
surtax
-
-
-
-
total
12 579
11 468
12 737
-
Corporate
3 795
5 685
40 467
-
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.

949
1 421
10 117
-
total
949
1 421
10 117
-
Dividends
-
4 263
-
-
withholding
-
1 173
-
-
total
-
1 173
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 336
24 217
34 921
25 219
After tax
31 664
32 783
22 079
31 781
Living cost
31 900
31 900
31 900
31 900
Free-cash
-236
883
-9 821
-119

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42389
₽31559
₽37476
₽40109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
57 000
-
income
3 511
-
11 400
-
total
3 511
-
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%.

39 448
57 000
-
-
total
-
-
-
-
Dividends
39 448
57 000
-
-
withholding
1 972
2 850
-
-
total
1 972
2 850
-
-
Income
57 000
57 000
57 000
57 000
Total tax
5 483
2 850
11 400
570
After tax
51 517
54 150
45 600
56 430
Living cost
14 041
14 041
14 041
14 041
Free-cash
37 476
40 109
31 559
42 389

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4556
₽2904
₽4060
₽12424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
57 000
unemployment
-
-
-
85
health
-
-
-
5 609
income
-
-
-
9 521
pensions
-
-
-
10 410
total
-
-
-
25 625
Employee

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

44 215
-
49 321
-
income
7 625
-
8 699
-
pensions
6 854
-
7 645
-
unemployment
63
-
68
-
health
2 856
-
3 186
-
total
17 398
-
19 598
-
Employer

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

44 215
-
49 321
-
pensions
3 913
-
4 364
-
health
2 945
-
3 285
-
unemployment
27
-
30
-
total
6 885
-
7 679
-
Corporate
5 901
57 000
-
-
income
1 121
10 831
-
-
total
1 121
10 831
-
-
Dividends
4 779
46 169
-
-
withholding
717
6 926
-
-
total
717
6 926
-
-
Income
57 000
57 000
57 000
57 000
Total tax
26 121
17 757
27 277
25 625
After tax
30 879
39 243
29 723
31 375
Living cost
26 819
26 819
26 819
26 819
Free-cash
4 060
12 424
2 904
4 556

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3648
₽838
-₽91730
-₽8361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
6 498
income
-
-
-
11 110
total
-
-
-
17 608
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
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
105 690
22 321
13 122
17 608
After tax
-48 690
34 679
43 878
39 392
Living cost
43 040
43 040
43 040
43 040
Free-cash
-91 730
-8 361
838
-3 648

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1552
₽44
₽51
₽1059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
social contributions

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

-
-
-
19 808
income
-
-
-
4 277
surtax
-
-
-
-
total
-
-
-
24 085
Employee
45 987
-
46 061
-
income
9 565
-
9 588
-
social contributions
5 059
-
5 066
-
surtax
-
-
-
-
total
14 624
-
14 654
-
Employer
45 987
-
46 061
-
social contributions
10 922
-
10 939
-
total
10 922
-
10 939
-
Corporate
91
57 000
-
-
surtax
-
-
-
-
income
19
11 969
-
-
total
19
11 969
-
-
Dividends
72
45 031
-
-
withholding
21
12 609
-
-
total
21
12 609
-
-
Income
57 000
57 000
57 000
57 000
Total tax
25 586
24 578
25 593
24 085
After tax
31 414
32 422
31 407
32 915
Living cost
31 363
31 363
31 363
31 363
Free-cash
51
1 059
44
1 552

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14125
-₽13611
-₽25183
-₽19566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
other
-
-
-
1 767
social contributions
-
-
-
1 624
health
-
-
-
493
income
-
-
-
2 529
surtax
-
-
-
-
pensions
-
-
-
16 419
total
-
-
-
22 832
Employee
62 625
-
43 437
-
income
5 464
-
2 603
-
pensions
7 083
-
4 914
-
social contributions
1 784
-
1 237
-
surtax
-
-
-
-
total
14 331
-
8 754
-
Employer
62 625
-
43 437
-
pensions
10 290
-
7 135
-
other
2 161
-
1 499
-
health
4 383
-
3 040
-
unemployment
2 537
-
1 759
-
social contributions
188
-
131
-
total
19 559
-
13 564
-
Corporate
-
57 000
-
-
surtax
-
-
-
-
income
-
15 960
-
-
total
-
15 960
-
-
Dividends
-
41 040
-
-
surtax
-
-
-
-
social contributions
-
7 059
-
-
withholding
-
5 254
-
-
total
-
12 313
-
-
Income
57 000
57 000
57 000
57 000
Total tax
33 890
28 273
22 318
22 832
After tax
23 110
28 727
34 682
34 168
Living cost
48 293
48 293
48 293
48 293
Free-cash
-25 183
-19 566
-13 611
-14 125

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
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.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14404
₽16056
₽17885
₽21244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 540
income
-
-
-
-
total
-
-
-
12 540
Employee
32 145
-
49 349
-
social contributions
2 089
-
3 207
-
income
-
-
30
-
total
2 089
-
3 237
-
Employer
32 145
-
49 349
-
social contributions
4 983
-
7 651
-
total
4 983
-
7 651
-
Corporate
19 872
57 000
-
-
income
1 987
5 700
-
-
total
1 987
5 700
-
-
Dividends
17 885
51 300
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
9 059
5 700
10 888
12 540
After tax
47 941
51 300
46 112
44 460
Living cost
30 056
30 056
30 056
30 056
Free-cash
17 885
21 244
16 056
14 404

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11142
-₽160924
-₽160924
-₽160924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 225
national
-
-
-
5 389
labour market
-
-
-
4 491
pensions
-
-
-
867
total
-
-
-
19 972
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
169 754
169 754
169 754
19 972
After tax
-112 754
-112 754
-112 754
37 028
Living cost
48 170
48 170
48 170
48 170
Free-cash
-160 924
-160 924
-160 924
-11 142

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17801
₽8510
₽1306
-₽16974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
10 670
pensions
-
-
-
4 145
total
-
-
-
17 608
Employee
33 964
-
47 350
-
income
4 659
-
6 496
-
pensions
3 825
-
5 331
-
health
3 889
-
5 422
-
total
12 373
-
17 249
-
Employer
33 964
-
47 350
-
pensions
5 522
-
7 699
-
accident
567
-
791
-
unemployment
832
-
1 160
-
total
6 921
-
9 650
-
Corporate
16 115
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.

14 503
51 300
-
-
total
14 503
51 300
-
-
Dividends
1 612
5 700
-
-
withholding
306
1 083
-
-
total
306
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
34 103
52 383
26 899
17 608
After tax
22 897
4 617
30 101
39 392
Living cost
21 591
21 591
21 591
21 591
Free-cash
1 306
-16 974
8 510
17 801

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5861
-₽3191
-₽5531
₽1010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
municipal
-
-
-
10 176
health
-
-
-
461
national
-
-
-
2 114
total
-
-
-
12 751
Employee
52 606
-
47 951
-
pensions
3 550
-
3 237
-
national
869
-
617
-
municipal
8 616
-
7 861
-
unemployment
789
-
719
-
health
393
-
321
-
total
14 217
-
12 755
-
Employer
52 606
-
47 951
-
pensions
9 127
-
8 320
-
accident
53
-
47
-
health
404
-
370
-
unemployment
342
-
311
-
total
9 926
-
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
-
6 155
-
-
national
-
47
-
-
total
-
6 202
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 143
17 602
21 803
12 751
After tax
32 857
39 398
35 197
44 249
Living cost
38 388
38 388
38 388
38 388
Free-cash
-5 531
1 010
-3 191
5 861

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21573
₽15553
₽13377
₽11241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
8 892
health
-
-
-
1 453
income
-
-
-
1 932
total
-
-
-
12 277
Employee
76 887
76 887
76 887
-
income
8 372
7 117
7 871
-
social contributions
2 907
6 381
4 294
-
health
596
1 307
880
-
total
11 875
14 805
13 045
-
Employer
76 887
76 887
76 887
-
health
647
1 423
958
-
social contributions
2 907
6 381
4 294
-
total
3 554
7 804
5 252
-
Corporate
18 421
-
-
-
income
2 304
-
-
-
total
2 304
-
-
-
Dividends
16 118
-
-
-
withholding
2 740
-
-
-
total
2 740
-
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 473
22 609
18 297
12 277
After tax
36 527
34 391
38 703
44 723
Living cost
23 150
23 150
23 150
23 150
Free-cash
13 377
11 241
15 553
21 573

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26303
₽19433
₽26238
₽31326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
57 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
4 816
pensions
-
-
-
6 360
total
-
-
-
14 822
Employee

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

22 951
-
51 678
-
income
1 569
-
3 968
-
pensions
3 442
-
7 751
-
unemployment
114
-
258
-
health
1 951
-
4 393
-
total
7 076
-
16 370
-
Employer

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

22 951
-
51 678
-
pensions
1 262
-
2 842
-
health
987
-
2 222
-
unemployment
114
-
258
-
total
2 363
-
5 322
-
Corporate
31 687
57 000
-
-
income
2 852
5 131
-
-
total
2 852
5 131
-
-
Dividends
28 835
51 869
-
-
withholding
2 596
4 668
-
-
total
2 596
4 668
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 887
9 799
21 692
14 822
After tax
42 113
47 201
35 308
42 178
Living cost
15 875
15 875
15 875
15 875
Free-cash
26 238
31 326
19 433
26 303

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3917
₽4317
₽5675
₽11007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57
unemployment
-
-
-
398
accident
-
-
-
512
income
-
-
-
8 490
pensions
-
-
-
16 130
total
-
-
-
25 587
Employee
36 972
-
43 219
-
income
7 128
-
8 661
-
pensions
1 738
-
2 032
-
unemployment
573
-
670
-
other
36
-
44
-
total
9 475
-
11 407
-
Employer
36 972
-
43 219
-
pensions
8 725
-
10 199
-
other
296
-
347
-
accident
732
-
856
-
unemployment
2 034
-
2 378
-
total
11 787
-
13 780
-
Corporate
8 241
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.

1 235
8 550
-
-
total
1 235
8 550
-
-
Dividends
7 006
48 450
-
-
withholding
1 332
9 947
-
-
total
1 332
9 947
-
-
Income
57 000
57 000
57 000
57 000
Total tax
23 829
18 497
25 187
25 587
After tax
33 171
38 503
31 813
31 413
Living cost
27 496
27 496
27 496
27 496
Free-cash
5 675
11 007
4 317
3 917

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
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.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32704
₽32508
₽32380
₽32830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 448
income
-
-
-
18 113
pensions
-
-
-
1 997
total
-
-
-
21 558
Employee
4 171
-
54 753
-
income
807
-
18 008
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
19 506
-
Employer
4 171
-
54 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
51 891
57 000
-
-
income
11 416
12 540
-
-
total
11 416
12 540
-
-
Dividends
40 475
44 460
-
-
withholding
8 095
8 892
-
-
total
8 095
8 892
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 882
21 432
21 754
21 558
After tax
35 118
35 568
35 246
35 442
Living cost
2 738
2 738
2 738
2 738
Free-cash
32 380
32 830
32 508
32 704

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10925
₽13377
₽18969
₽23890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
57 000
unemployment
-
-
-
855
health
-
-
-
5 871
income
-
-
-
7 236
pensions
-
-
-
14 820
total
-
-
-
28 782
Employee

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

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

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

26 076
-
48 346
-
income
3 594
-
8 054
-
pensions
3 651
-
6 768
-
unemployment
196
-
363
-
health
1 343
-
2 490
-
total
8 784
-
17 675
-
Employer

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

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

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

26 076
-
48 346
-
pensions
3 129
-
5 802
-
health
1 343
-
2 490
-
unemployment
196
-
363
-
total
4 668
-
8 655
-
Corporate
26 256
57 000
-
-
income
3 938
8 550
-
-
total
3 938
8 550
-
-
Dividends
22 318
48 450
-
-
withholding
3 348
7 267
-
-
total
3 348
7 267
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 738
15 817
26 330
28 782
After tax
36 262
41 183
30 670
28 218
Living cost
17 293
17 293
17 293
17 293
Free-cash
18 969
23 890
13 377
10 925

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5959
₽4451
₽5105
₽5466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
social contributions

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

-
-
-
19 808
income
-
-
-
4 277
surtax
-
-
-
-
total
-
-
-
24 085
Employee
38 808
-
46 061
-
income
7 583
-
9 588
-
social contributions
4 269
-
5 066
-
surtax
-
-
-
-
total
11 852
-
14 654
-
Employer
38 808
-
46 061
-
social contributions
9 216
-
10 939
-
total
9 216
-
10 939
-
Corporate
8 976
57 000
-
-
surtax
-
-
-
-
income
1 884
11 969
-
-
total
1 884
11 969
-
-
Dividends
7 092
45 031
-
-
withholding
1 987
12 609
-
-
total
1 987
12 609
-
-
Income
57 000
57 000
57 000
57 000
Total tax
24 939
24 578
25 593
24 085
After tax
32 061
32 422
31 407
32 915
Living cost
26 956
26 956
26 956
26 956
Free-cash
5 105
5 466
4 451
5 959

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3727
-₽3327
-₽6685
₽3363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57
unemployment
-
-
-
398
accident
-
-
-
512
income
-
-
-
8 490
pensions
-
-
-
16 130
total
-
-
-
25 587
Employee
48 290
-
43 219
-
income
10 086
-
8 661
-
pensions
2 269
-
2 032
-
unemployment
748
-
670
-
other
47
-
44
-
total
13 150
-
11 407
-
Employer
48 290
-
43 219
-
pensions
11 396
-
10 199
-
other
387
-
347
-
accident
956
-
856
-
unemployment
2 656
-
2 378
-
total
15 395
-
13 780
-
Corporate
-
57 000
-
-
income

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

-
8 550
-
-
total
-
8 550
-
-
Dividends
-
48 450
-
-
withholding
-
9 947
-
-
total
-
9 947
-
-
Income
57 000
57 000
57 000
57 000
Total tax
28 545
18 497
25 187
25 587
After tax
28 455
38 503
31 813
31 413
Living cost
35 140
35 140
35 140
35 140
Free-cash
-6 685
3 363
-3 327
-3 727

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21929
₽22881
₽25445
₽31538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
8 550
pensions

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

-
-
-
5 168
total
-
-
-
17 874
Employee
22 772
-
50 149
-
income
2 278
-
5 015
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
10 071
-
Employer
22 772
-
50 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
29 760
57 000
-
-
income
2 976
5 700
-
-
total
2 976
5 700
-
-
Dividends
26 784
51 300
-
-
withholding
1 340
2 565
-
-
total
1 340
2 565
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 358
8 265
16 922
17 874
After tax
42 642
48 735
40 078
39 126
Living cost
17 197
17 197
17 197
17 197
Free-cash
25 445
31 538
22 881
21 929

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3568
₽5076
₽4008
-₽9073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 000
trade
-
-
-
1 508
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.

-
-
-
6 831
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.

-
-
-
6 152
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.

-
-
-
338
total
-
-
-
14 829
Employee

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

49 751
-
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.

226
-
338
-
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.

4 091
-
6 152
-
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.

6 831
-
6 831
-
total
11 148
-
13 321
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 249
57 000
-
-
trade
1 040
8 180
-
-
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.

61
471
-
-
income
1 087
8 550
-
-
chamber of commerce
163
235
-
-
total
2 351
17 436
-
-
Dividends
4 898
39 564
-
-
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.

46
524
-
-
withholding
844
9 510
-
-
total
890
10 034
-
-
Income
57 000
57 000
57 000
57 000
Total tax
14 389
27 470
13 321
14 829
After tax
42 611
29 530
43 679
42 171
Living cost
38 603
38 603
38 603
38 603
Free-cash
4 008
-9 073
5 076
3 568

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12392
-₽12392
-₽21215
-₽17058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 000
social contributions
-
-
-
4 165
income
-
-
-
8 269
total
-
-
-
12 434
Employee
78 213
-
57 000
-
social contributions
6 498
-
4 165
-
income
14 759
-
8 269
-
total
21 257
-
12 434
-
Employer
78 213
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
income
-
7 125
-
-
total
-
7 125
-
-
Dividends
-
49 875
-
-
withholding
-
9 975
-
-
total
-
9 975
-
-
Income
57 000
57 000
57 000
57 000
Total tax
21 257
17 100
12 434
12 434
After tax
35 743
39 900
44 566
44 566
Living cost
56 958
56 958
56 958
56 958
Free-cash
-21 215
-17 058
-12 392
-12 392

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14433
₽4897
₽1264
-₽4529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
57 000
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
52 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
6 609
-
total
9 573
-
11 208
-
Employer
45 869
-
52 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
6 535
57 000
-
-
income
2 286
19 950
-
-
total
2 286
19 950
-
-
Dividends
4 249
37 050
-
-
social contributions
2 985
5 283
-
-
total
2 985
5 283
-
-
Income
57 000
57 000
57 000
57 000
Total tax
19 440
25 233
15 807
35 137
After tax
37 560
31 767
41 193
21 863
Living cost
36 296
36 296
36 296
36 296
Free-cash
1 264
-4 529
4 897
-14 433

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5488
-₽253
-₽425
₽5354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 710
pensions
-
-
-
3 450
total
-
-
-
14 160
Employee
51 271
-
50 903
-
income
9 337
-
9 275
-
pensions
3 913
-
3 869
-
health
669
-
660
-
total
13 919
-
13 804
-
Employer
51 271
-
50 903
-
pensions
5 180
-
5 129
-
health
974
-
968
-
total
6 154
-
6 097
-
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.

-
10 830
-
-
total
-
10 830
-
-
Dividends
-
46 170
-
-
withholding
-
3 464
-
-
total
-
3 464
-
-
Income
57 000
57 000
57 000
57 000
Total tax
20 073
14 294
19 901
14 160
After tax
36 927
42 706
37 099
42 840
Living cost
37 352
37 352
37 352
37 352
Free-cash
-425
5 354
-253
5 488

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15664
₽6373
₽978
-₽19111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
10 670
pensions
-
-
-
4 145
total
-
-
-
17 608
Employee
37 325
-
47 350
-
income
5 121
-
6 496
-
pensions
4 203
-
5 331
-
health
4 274
-
5 422
-
total
13 598
-
17 249
-
Employer
37 325
-
47 350
-
pensions
6 069
-
7 699
-
accident
623
-
791
-
unemployment
914
-
1 160
-
total
7 606
-
9 650
-
Corporate
12 068
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.

10 861
51 300
-
-
total
10 861
51 300
-
-
Dividends
1 207
5 700
-
-
withholding
229
1 083
-
-
total
229
1 083
-
-
Income
57 000
57 000
57 000
57 000
Total tax
32 294
52 383
26 899
17 608
After tax
24 706
4 617
30 101
39 392
Living cost
23 728
23 728
23 728
23 728
Free-cash
978
-19 111
6 373
15 664

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20227
₽20227
₽30089
₽34949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
285
unemployment
-
-
-
684
income
-
-
-
7 597
health insurance
-
-
-
4 218
pensions
-
-
-
10 488
total
-
-
-
23 272
Employee

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

21 601
-
57 000
-
income
2 160
-
7 597
-
work injury
108
-
285
-
pensions
3 975
-
10 488
-
unemployment
259
-
684
-
health insurance
1 598
-
4 218
-
total
8 100
-
23 272
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 399
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
35 399
57 000
-
-
withholding
5 310
8 550
-
-
total
5 310
8 550
-
-
Income
57 000
57 000
57 000
57 000
Total tax
13 410
8 550
23 272
23 272
After tax
43 590
48 450
33 728
33 728
Living cost
13 501
13 501
13 501
13 501
Free-cash
30 089
34 949
20 227
20 227

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
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.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9040
-₽12202
-₽27258
-₽9810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 660
municipal
-
-
-
381
national
-
-
-
10 294
regional
-
-
-
872
total
-
-
-
26 207
Employee
84 257
-
57 000
-
national
14 239
-
9 062
-
social contributions
28 411
-
19 220
-
municipal
503
-
340
-
regional
1 272
-
747
-
total
44 425
-
29 369
-
Employer
84 257
-
57 000
-
total
-
-
-
-
Corporate
-
57 000
-
-
nationa
-
13 681
-
-
municipal
-
2 748
-
-
total
-
16 429
-
-
Dividends
-
40 572
-
-
withholding
-
10 548
-
-
total
-
10 548
-
-
Income
57 000
57 000
57 000
57 000
Total tax
44 425
26 977
29 369
26 207
After tax
12 575
30 023
27 631
30 793
Living cost
39 833
39 833
39 833
39 833
Free-cash
-27 258
-9 810
-12 202
-9 040

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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