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
₽ 57500
per

Your estimated
City
free-cash

Dresden , Germany
₽11001
₽15139
₽541
₽13006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 459
trade
-
-
-
2 133
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.

-
-
-
6 886
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.

-
-
-
379
total
-
-
-
15 857
Employee

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

36 162
-
57 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 459
-
6 459
-
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.

1 010
-
6 886
-
surtax

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

56
-
379
-
total
7 525
-
13 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 338
57 500
-
-
income
3 201
8 625
-
-
chamber of commerce
174
226
-
-
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.

176
474
-
-
trade
3 360
9 057
-
-
total
6 911
18 382
-
-
Dividends
14 427
39 119
-
-
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.

179
519
-
-
withholding
3 247
9 421
-
-
total
3 426
9 940
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 862
28 322
13 724
15 857
After tax
39 638
29 178
43 776
41 643
Living cost
28 637
28 637
28 637
28 637
Free-cash
11 001
541
15 139
13 006

Estimated living cost  is ₽28637 per week

₽18013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26219
-₽13071
-₽13633
-₽13523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
618
municipal
-
-
-
5 488
pensions
-
-
-
6 900
national
-
-
-
8 504
total
-
-
-
21 510
Employee
76 754
-
49 708
-
pensions
3 070
-
1 988
-
municipal
9 480
-
5 710
-
national
14 691
-
8 849
-
total
27 241
-
16 547
-
Employer
76 754
-
49 708
-
pensions
6 140
-
3 977
-
social contributions
825
-
534
-
total
6 965
-
4 511
-
Corporate
-
57 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
11 500
-
-
total
-
11 500
-
-
Dividends
-
46 000
-
-
withholding
-
10 120
-
-
total
-
10 120
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 206
21 620
21 058
21 510
After tax
23 294
35 880
36 442
35 990
Living cost
49 513
49 513
49 513
49 513
Free-cash
-26 219
-13 633
-13 071
-13 523

Estimated living cost  is ₽49513 per week

₽33653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4603
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.
₽10516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18576
₽13162
₽26330
₽26229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
social contributions

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

-
-
-
2 977
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
8 625
total
-
-
-
11 602
Employee
27 626
-
46 337
-
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.

3 039
-
5 097
-
income
4 918
-
8 409
-
surtax
-
-
-
-
total
7 957
-
13 506
-
Employer
27 626
-
46 337
-
surtax
-
-
-
-
social contributions

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

6 655
-
11 163
-
total
6 655
-
11 163
-
Corporate
23 219
57 500
-
-
income

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

4 643
11 501
-
-
total
4 643
11 501
-
-
Dividends

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

18 576
45 999
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 255
11 501
24 669
11 602
After tax
38 245
45 999
32 831
45 898
Living cost
19 669
19 669
19 669
19 669
Free-cash
18 576
26 330
13 162
26 229

Estimated living cost  is ₽19669 per week

₽12548
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.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36384
-₽36384
-₽31077
-₽6763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
8 827
income
-
-
-
5 479
pensions
-
-
-
10 351
total
-
-
-
24 657
Employee
80 737
80 737
80 737
-
pensions
14 533
11 077
14 533
-
health
12 392
10 541
12 392
-
income

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

13 215
13 215
13 215
-
total
40 140
34 833
40 140
-
Employer
80 737
80 737
80 737
-
pensions
5 619
5 619
5 619
-
health
5 612
5 612
5 612
-
unemployment
2 907
2 907
2 907
-
total
14 138
14 138
14 138
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
54 278
48 971
54 278
24 657
After tax
3 222
8 529
3 222
32 843
Living cost
39 606
39 606
39 606
39 606
Free-cash
-36 384
-31 077
-36 384
-6 763

Estimated living cost  is ₽39606 per week

₽28068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15431
-₽8241
-₽7551
-₽10283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
115
health
-
-
-
3 588
municipal
-
-
-
12 179
pensions
-
-
-
6 216
other
-
-
-
6 682
unemployment
-
-
-
57
national
-
-
-
-
total
-
-
-
28 837
Employee
55 494
-
43 753
-
municipal
16 548
-
13 047
-
national
-
-
-
-
total
16 548
-
13 047
-
Employer
55 494
-
43 753
-
pensions
5 999
-
4 730
-
other
6 449
-
5 084
-
health
3 413
-
2 691
-
unemployment
1 465
-
1 155
-
accident
111
-
88
-
total
17 437
-
13 748
-
Corporate
-
57 500
-
-
income
-
12 650
-
-
total
-
12 650
-
-
Dividends
-
44 850
-
-
withholding
-
13 455
-
-
total
-
13 455
-
-
Income
57 500
57 500
57 500
57 500
Total tax
33 985
26 105
26 795
28 837
After tax
23 515
31 395
30 705
28 663
Living cost
38 946
38 946
38 946
38 946
Free-cash
-15 431
-7 551
-8 241
-10 283

Estimated living cost  is ₽38946 per week

₽25812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5028
₽6635
-₽8259
₽4407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 459
trade
-
-
-
2 228
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.

-
-
-
6 886
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.

-
-
-
379
total
-
-
-
15 952
Employee

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

47 946
-
57 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 459
-
6 459
-
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.

4 119
-
6 886
-
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
-
379
-
total
10 804
-
13 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 554
57 500
-
-
income
1 434
8 625
-
-
chamber of commerce
158
226
-
-
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.

79
474
-
-
trade
1 572
9 459
-
-
total
3 243
18 784
-
-
Dividends
6 312
38 717
-
-
surtax

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

66
513
-
-
withholding
1 218
9 321
-
-
total
1 284
9 834
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 331
28 618
13 724
15 952
After tax
42 169
28 882
43 776
41 548
Living cost
37 141
37 141
37 141
37 141
Free-cash
5 028
-8 259
6 635
4 407

Estimated living cost  is ₽37141 per week

₽24840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7714
₽8971
₽5454
₽13982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
8 971
health
-
-
-
1 466
income
-
-
-
2 415
total
-
-
-
12 852
Employee
72 700
72 700
72 700
-
health
723
1 236
888
-
social contributions
3 533
6 034
4 333
-
income
7 634
6 730
7 344
-
total
11 890
14 000
12 565
-
Employer
72 700
72 700
72 700
-
health
788
1 346
965
-
social contributions
3 533
6 034
4 333
-
total
4 321
7 380
5 298
-
Corporate
10 624
-
-
-
income
1 328
-
-
-
total
1 328
-
-
-
Dividends
9 297
-
-
-
withholding
1 581
-
-
-
total
1 581
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 120
21 380
17 863
12 852
After tax
38 380
36 120
39 637
44 648
Living cost
30 666
30 666
30 666
30 666
Free-cash
7 714
5 454
8 971
13 982

Estimated living cost  is ₽30666 per week

₽20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15472
₽15909
₽15110
₽22409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
4 025
income
-
-
-
7 029
pensions
-
-
-
5 750
unemployment
-
-
-
863
total
-
-
-
17 667
Employee

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

The minimum wage is 138,000 HUF per month.

25 151
10 010
48 117
-
unemployment
377
150
722
-
pensions
2 515
1 001
4 812
-
health
1 761
701
3 368
-
income
3 075
1 224
5 882
-
total
7 728
3 076
14 784
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 151
10 010
48 117
-
pensions
4 905
1 952
9 383
-
total
4 905
1 952
9 383
-
Corporate
27 444
45 538
-
-
income
2 470
4 098
-
-
total
2 470
4 098
-
-
Dividends
24 974
41 440
-
-
social contributions
4 756
7 966
-
-
withholding
4 745
7 874
-
-
total
9 501
15 840
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 604
24 966
24 167
17 667
After tax
32 896
32 534
33 333
39 833
Living cost
17 424
17 424
17 424
17 424
Free-cash
15 472
15 110
15 909
22 409

Estimated living cost  is ₽17424 per week

₽11890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17291
₽10727
₽23163
₽8728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
7 474
income
-
-
-
6 961
pensions
-
-
-
11 501
total
-
-
-
25 936
Employee
26 821
-
42 974
-
unemployment
429
-
687
-
pensions
536
-
859
-
income
3 020
-
7 866
-
total
3 985
-
9 412
-
Employer
26 821
-
42 974
-
pensions
5 365
-
8 594
-
health
3 486
-
5 587
-
unemployment
215
-
344
-
total
9 066
-
14 525
-
Corporate
21 613
57 500
-
-
income
4 322
11 501
-
-
total
4 322
11 501
-
-
Dividends
17 291
45 999
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 373
11 501
23 937
25 936
After tax
40 127
45 999
33 563
31 564
Living cost
22 836
22 836
22 836
22 836
Free-cash
17 291
23 163
10 727
8 728

Estimated living cost  is ₽22836 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1428
₽9198
-₽16388
₽18661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
11 131
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
17 794
Employee
33 104
-
47 766
-
pensions
3 728
-
5 378
-
health
3 790
-
5 469
-
income
4 542
-
6 676
-
total
12 060
-
17 523
-
Employer
33 104
-
47 766
-
pensions
5 383
-
7 766
-
unemployment
811
-
1 170
-
accident
553
-
798
-
total
6 747
-
9 734
-
Corporate
17 649
57 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

15 884
51 750
-
-
total
15 884
51 750
-
-
Dividends
1 765
5 750
-
-
withholding
336
1 093
-
-
total
336
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 027
52 843
27 257
17 794
After tax
22 473
4 657
30 243
39 706
Living cost
21 044
21 044
21 044
21 044
Free-cash
1 428
-16 388
9 198
18 661

Estimated living cost  is ₽21044 per week

₽15424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45379
₽38213
₽46838
₽49138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 500
microenterprise

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

-
-
-
575
total
-
-
-
575
Employee
9 734
-
57 500
-
income
1 946
-
11 500
-
total
1 946
-
11 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

47 766
57 500
-
-
total
-
-
-
-
Dividends
47 766
57 500
-
-
withholding
2 388
2 875
-
-
total
2 388
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
4 334
2 875
11 500
575
After tax
53 166
54 625
46 000
56 925
Living cost
7 787
7 787
7 787
7 787
Free-cash
45 379
46 838
38 213
49 138

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10666
₽8513
₽17054
₽5942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
2 530
income
-
-
-
7 304
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.

-
-
-
13 801
other
-
-
-
2 731
total
-
-
-
26 366
Employee
34 328
-
45 926
-
unemployment
343
-
459
-
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.

2 402
-
3 215
-
health
481
-
642
-
income
5 910
-
7 905
-
total
9 136
-
12 221
-
Employer
34 328
-
45 926
-
pensions

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

5 836
-
7 808
-
other
1 717
-
2 297
-
health
481
-
642
-
unemployment
343
-
459
-
accident
275
-
368
-
total
8 652
-
11 574
-
Corporate
14 520
57 500
-
-
income
3 050
12 075
-
-
total
3 050
12 075
-
-
Dividends
11 470
45 425
-
-
withholding
804
3 179
-
-
total
804
3 179
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 642
15 254
23 795
26 366
After tax
35 858
42 246
33 705
31 134
Living cost
25 192
25 192
25 192
25 192
Free-cash
10 666
17 054
8 513
5 942

Estimated living cost  is ₽25192 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
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.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽42000
-₽24714
-₽18766
-₽18753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
10 774
pensions
-
-
-
3 631
total
-
-
-
14 405
Employee
87 506
-
51 205
-
pensions
8 442
-
4 086
-
health
1 442
-
699
-
income
15 774
-
9 285
-
total
25 658
-
14 070
-
Employer
87 506
-
51 205
-
pensions
10 332
-
5 322
-
health
1 662
-
974
-
total
11 994
-
6 296
-
Corporate
-
57 500
-
-
income

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

-
10 925
-
-
total
-
10 925
-
-
Dividends
-
46 575
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
37 652
14 418
20 366
14 405
After tax
19 848
43 082
37 134
43 095
Living cost
61 848
61 848
61 848
61 848
Free-cash
-42 000
-18 766
-24 714
-18 753

Estimated living cost  is ₽61848 per week

₽46344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32347
₽28704
₽36747
₽27627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
3 804
income
-
-
-
8 625
pensions

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

-
-
-
4 896
unemployment
-
-
-
132
total
-
-
-
17 457
Employee
16 441
-
51 010
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 443
-
2 904
-
health
756
-
1 522
-
income
1 644
-
5 101
-
total
4 024
-
9 891
-
Employer
16 441
-
51 010
-
pensions

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

1 812
-
3 645
-
health
1 135
-
2 282
-
unemployment
98
-
198
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
total
3 226
-
6 489
-
Corporate
37 833
57 500
-
-
income
3 784
5 750
-
-
total
3 784
5 750
-
-
Dividends
34 050
51 750
-
-
withholding
1 703
2 587
-
-
total
1 703
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
12 737
8 337
16 380
17 457
After tax
44 763
49 163
41 120
40 043
Living cost
12 416
12 416
12 416
12 416
Free-cash
32 347
36 747
28 704
27 627

Estimated living cost  is ₽12416 per week

₽7249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽45500
-₽49204
-₽43897
-₽19583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
8 827
income
-
-
-
5 479
pensions
-
-
-
10 351
total
-
-
-
24 657
Employee
87 655
80 737
80 737
-
pensions
11 077
11 077
14 533
-
health
10 935
10 541
12 392
-
income

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

13 215
13 215
13 215
-
total
35 227
34 833
40 140
-
Employer
87 655
80 737
80 737
-
pensions
6 100
5 619
5 619
-
health
6 091
5 612
5 612
-
unemployment
3 156
2 907
2 907
-
total
15 347
14 138
14 138
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
50 574
48 971
54 278
24 657
After tax
6 926
8 529
3 222
32 843
Living cost
52 426
52 426
52 426
52 426
Free-cash
-45 500
-43 897
-49 204
-19 583

Estimated living cost  is ₽52426 per week

₽38673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽7741
₽5706
₽16116
₽4532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
16 790
health
-
-
-
7 763
income
-
-
-
4 942
solidarity contribution
-
-
-
-
total
-
-
-
29 495
Employee
34 519
-
42 910
-
solidarity contribution
-
-
-
-
health
4 660
-
5 793
-
social contributions
2 244
-
2 789
-
income
4 142
-
5 149
-
total
11 046
-
13 731
-
Employer
34 519
-
42 910
-
health
3 107
-
3 862
-
social contributions
8 630
-
10 728
-
total
11 737
-
14 590
-
Corporate
11 245
57 500
-
-
income
2 137
10 925
-
-
total
2 137
10 925
-
-
Dividends
9 109
46 575
-
-
withholding
1 366
6 986
-
-
total
1 366
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 286
17 911
28 321
29 495
After tax
31 214
39 589
29 179
28 005
Living cost
23 473
23 473
23 473
23 473
Free-cash
7 741
16 116
5 706
4 532

Estimated living cost  is ₽23473 per week

₽16304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽26525
-₽11811
-₽9217
-₽8559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 789
municipal
-
-
-
341
regional
-
-
-
580
national
-
-
-
10 455
total
-
-
-
26 165
Employee
84 025
-
57 500
-
regional
793
-
509
-
municipal
445
-
305
-
national
14 560
-
9 213
-
social contributions
28 333
-
19 390
-
total
44 131
-
29 417
-
Employer
84 025
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 243
-
-
nationa
-
13 801
-
-
total
-
16 044
-
-
Dividends
-
41 457
-
-
withholding
-
10 779
-
-
total
-
10 779
-
-
Income
57 500
57 500
57 500
57 500
Total tax
44 131
26 823
29 417
26 165
After tax
13 369
30 677
28 083
31 335
Living cost
39 894
39 894
39 894
39 894
Free-cash
-26 525
-9 217
-11 811
-8 559

Estimated living cost  is ₽39894 per week

₽27810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12362
₽10123
₽15304
₽11368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
4 082
income
-
-
-
8 865
surtax
-
-
-
606
pensions
-
-
-
11 501
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
25 269
Employee
31 265
-
47 503
-
unemployment
2 176
-
3 307
-
pensions
2 085
-
3 168
-
health
798
-
1 211
-
income
5 241
-
8 318
-
other
-
-
-
-
surtax
102
-
513
-
total
10 402
-
16 517
-
Employer
31 265
-
47 503
-
pensions
4 168
-
6 332
-
other
-
-
-
-
health
1 423
-
2 160
-
unemployment
990
-
1 505
-
total
6 581
-
9 997
-
Corporate
19 654
57 500
-
-
income
5 110
14 951
-
-
total
5 110
14 951
-
-
Dividends
14 544
42 549
-
-
withholding
2 182
6 382
-
-
total
2 182
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 275
21 333
26 514
25 269
After tax
33 225
36 167
30 986
32 231
Living cost
20 863
20 863
20 863
20 863
Free-cash
12 362
15 304
10 123
11 368

Estimated living cost  is ₽20863 per week

₽12756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
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.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8606
-₽5119
₽829
₽842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
10 774
pensions
-
-
-
3 631
total
-
-
-
14 405
Employee
58 644
-
51 205
-
pensions
4 978
-
4 086
-
health
851
-
699
-
income
10 562
-
9 285
-
total
16 391
-
14 070
-
Employer
58 644
-
51 205
-
pensions
6 348
-
5 322
-
health
1 114
-
974
-
total
7 462
-
6 296
-
Corporate
-
57 500
-
-
income

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

-
10 925
-
-
total
-
10 925
-
-
Dividends
-
46 575
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 853
14 418
20 366
14 405
After tax
33 647
43 082
37 134
43 095
Living cost
42 253
42 253
42 253
42 253
Free-cash
-8 606
829
-5 119
842

Estimated living cost  is ₽42253 per week

₽31656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽38958
-₽29430
-₽48962
-₽26512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
245
pensions
-
-
-
5 288
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.

-
-
-
1 150
regional
-
-
-
1 293
city
-
-
-
605
national
-
-
-
176
total
-
-
-
8 757
Employee
88 068
-
51 466
-
unemployment
-
-
-
-
pensions
7 399
-
4 322
-
regional
2 884
-
1 075
-
national
417
-
141
-
health
199
-
116
-
city
945
-
553
-
total
11 844
-
6 207
-
Employer
88 068
-
51 466
-
pensions
7 399
-
4 322
-
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.

1 761
-
1 030
-
health
199
-
116
-
unemployment
-
-
-
-
total
9 359
-
5 468
-
Corporate
-
57 500
-
-
regional
-
12 161
-
-
national
-
4 888
-
-
total
-
17 049
-
-
Dividends
-
40 450
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 203
31 207
11 675
8 757
After tax
36 297
26 293
45 825
48 743
Living cost
75 255
75 255
75 255
75 255
Free-cash
-38 958
-48 962
-29 430
-26 512

Estimated living cost  is ₽75255 per week

₽48937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽312
₽465
-₽14723
-₽1858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 459
trade
-
-
-
2 323
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.

-
-
-
6 886
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.

-
-
-
379
total
-
-
-
16 047
Employee

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

56 820
-
57 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 459
-
6 459
-
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.

6 681
-
6 886
-
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.

368
-
379
-
total
13 508
-
13 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
680
57 500
-
-
income
102
8 625
-
-
chamber of commerce
145
224
-
-
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.

5
474
-
-
trade
117
9 861
-
-
total
369
19 184
-
-
Dividends
311
38 317
-
-
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.

-
508
-
-
withholding
-
9 220
-
-
total
-
9 728
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 877
28 912
13 724
16 047
After tax
43 623
28 588
43 776
41 453
Living cost
43 311
43 311
43 311
43 311
Free-cash
312
-14 723
465
-1 858

Estimated living cost  is ₽43311 per week

₽31633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2218
₽2472
-₽3369
₽2039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
1 638
health
-
-
-
497
income
-
-
-
2 734
surtax
-
-
-
-
pensions
-
-
-
16 463
other
-
-
-
1 782
total
-
-
-
23 114
Employee
40 464
-
43 816
-
pensions
4 575
-
4 955
-
social contributions
1 154
-
1 249
-
income
2 388
-
2 794
-
surtax
-
-
-
-
total
8 117
-
8 998
-
Employer
40 464
-
43 816
-
pensions
6 647
-
7 200
-
other
1 396
-
1 512
-
health
2 833
-
3 066
-
unemployment
1 638
-
1 774
-
social contributions
122
-
131
-
total
12 636
-
13 683
-
Corporate
4 400
57 500
-
-
income
1 233
16 101
-
-
surtax
-
-
-
-
total
1 233
16 101
-
-
Dividends
3 167
41 399
-
-
surtax
-
-
-
-
social contributions
544
7 121
-
-
withholding
405
5 300
-
-
total
949
12 421
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 935
28 522
22 681
23 114
After tax
34 565
28 978
34 819
34 386
Living cost
32 347
32 347
32 347
32 347
Free-cash
2 218
-3 369
2 472
2 039

Estimated living cost  is ₽32347 per week

₽20396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5091
₽5677
-₽164
₽5244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
1 638
health
-
-
-
497
income
-
-
-
2 734
surtax
-
-
-
-
pensions
-
-
-
16 463
other
-
-
-
1 782
total
-
-
-
23 114
Employee
36 120
-
43 816
-
pensions
4 085
-
4 955
-
social contributions
1 030
-
1 249
-
income
1 862
-
2 794
-
surtax
-
-
-
-
total
6 977
-
8 998
-
Employer
36 120
-
43 816
-
pensions
5 935
-
7 200
-
other
1 247
-
1 512
-
health
2 528
-
3 066
-
unemployment
1 462
-
1 774
-
social contributions
108
-
131
-
total
11 280
-
13 683
-
Corporate
10 101
57 500
-
-
income
2 828
16 101
-
-
surtax
-
-
-
-
total
2 828
16 101
-
-
Dividends
7 273
41 399
-
-
surtax
-
-
-
-
social contributions
1 251
7 121
-
-
withholding
931
5 300
-
-
total
2 182
12 421
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 267
28 522
22 681
23 114
After tax
34 233
28 978
34 819
34 386
Living cost
29 142
29 142
29 142
29 142
Free-cash
5 091
-164
5 677
5 244

Estimated living cost  is ₽29142 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15524
₽14303
₽15032
₽16877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
7 936
health
-
-
-
4 014
income
-
-
-
8 625
total
-
-
-
20 575
Employee
32 056
-
57 500
-
health
2 237
-
4 014
-
social contributions
4 424
-
7 936
-
income
5 347
-
11 199
-
total
12 008
-
23 149
-
Employer
32 056
-
57 500
-
total
-
-
-
-
Corporate
25 444
57 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 272
2 874
-
-
total
1 272
2 874
-
-
Dividends
24 172
54 626
-
-
health
1 687
3 813
-
-
social contributions
3 335
7 539
-
-
withholding
3 626
8 194
-
-
total
8 648
19 546
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 928
22 420
23 149
20 575
After tax
35 572
35 080
34 351
36 925
Living cost
20 048
20 048
20 048
20 048
Free-cash
15 524
15 032
14 303
16 877

Estimated living cost  is ₽20048 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4428
-₽11691
-₽459
-₽1735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
4 399
surtax
-
-
-
187
income
-
-
-
4 668
chamber of commerce
-
-
-
230
pensions
-
-
-
10 638
unemployment
-
-
-
5 799
total
-
-
-
25 921
Employee
47 249
37 677
44 507
-
unemployment
1 417
1 130
1 335
-
pensions
4 839
3 857
4 557
-
health
1 828
1 459
1 722
-
income
5 379
2 779
4 593
-
other
472
377
445
-
total
13 935
9 602
12 652
-
Employer
47 249
37 677
44 507
-
chamber of commerce
188
151
178
-
pensions
5 930
4 729
5 585
-
other
2 244
1 789
2 114
-
health
1 785
1 425
1 683
-
unemployment
1 417
1 130
1 335
-
accident
614
490
578
-
surtax
187
187
187
-
payroll
1 417
1 130
1 335
-
total
13 782
11 031
12 995
-
Corporate
3 588
8 792
40 918
-
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.

897
2 198
10 230
-
total
897
2 198
10 230
-
Dividends
-
6 594
-
-
withholding
-
1 814
-
-
total
-
1 814
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 614
24 645
35 877
25 921
After tax
28 886
32 855
21 623
31 579
Living cost
33 314
33 314
33 314
33 314
Free-cash
-4 428
-459
-11 691
-1 735

Estimated living cost  is ₽33314 per week

₽22219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
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.
₽7706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽29814
-₽9995
-₽2089
-₽4048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
6 970
communal

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

-
-
-
3 032
national
-
-
-
17 074
total
-
-
-
27 076
Employee

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

67 628
-
44 535
-
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.

588
-
388
-
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.

5 072
-
3 341
-
national
20 792
-
11 920
-
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.

3 177
-
2 092
-
communal

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

3 527
-
2 323
-
total
33 156
-
20 064
-
Employer

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

67 628
-
44 535
-
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.

5 993
-
3 945
-
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.

4 159
-
2 738
-
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.

987
-
649
-
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.

879
-
578
-
surtax
7 668
-
5 049
-
total
19 686
-
12 959
-
Corporate
-
57 500
-
-
income
-
11 501
-
-
surtax
-
230
-
-
total
-
11 731
-
-
Dividends
-
45 770
-
-
withholding

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

-
13 386
-
-
total
-
13 386
-
-
Income
57 500
57 500
57 500
57 500
Total tax
52 842
25 117
33 023
27 076
After tax
4 658
32 383
24 477
30 424
Living cost
34 472
34 472
34 472
34 472
Free-cash
-29 814
-2 089
-9 995
-4 048

Estimated living cost  is ₽34472 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4564
-₽2271
₽4682
-₽2676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 783
pensions
-
-
-
16 273
other
-
-
-
57
unemployment
-
-
-
402
total
-
-
-
26 032
Employee
47 062
-
43 599
-
unemployment
730
-
676
-
pensions
2 212
-
2 049
-
income
9 930
-
8 957
-
other
47
-
43
-
total
12 919
-
11 725
-
Employer
47 062
-
43 599
-
pensions
11 106
-
10 290
-
other
375
-
350
-
unemployment
2 589
-
2 399
-
accident
931
-
863
-
total
15 001
-
13 902
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 049
-
-
total
-
10 049
-
-
Income
57 500
57 500
57 500
57 500
Total tax
27 920
18 674
25 627
26 032
After tax
29 580
38 826
31 873
31 468
Living cost
34 144
34 144
34 144
34 144
Free-cash
-4 564
4 682
-2 271
-2 676

Estimated living cost  is ₽34144 per week

₽25143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22651
-₽12466
-₽15358
-₽13597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
health
-
-
-
4 313
income
-
-
-
2 645
surtax
-
-
-
3 043
pensions
-
-
-
9 200
communal
-
-
-
-
total
-
-
-
19 718
Employee
71 598
-
51 360
-
pensions
5 727
-
4 109
-
health
3 186
-
2 288
-
income
6 916
-
2 903
-
surtax
4 389
-
3 147
-
total
20 218
-
12 447
-
Employer
71 598
-
51 360
-
pensions
5 727
-
4 109
-
health
2 183
-
1 568
-
accident
644
-
463
-
total
8 554
-
6 140
-
Corporate
-
57 500
-
-
income
-
8 625
-
-
communal
-
3 881
-
-
surtax
-
603
-
-
total
-
13 109
-
-
Dividends
-
44 392
-
-
income
-
1 712
-
-
withholding
-
6 658
-
-
total
-
8 370
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 772
21 479
18 587
19 718
After tax
28 728
36 021
38 913
37 782
Living cost
51 379
51 379
51 379
51 379
Free-cash
-22 651
-15 358
-12 466
-13 597

Estimated living cost  is ₽51379 per week

₽38542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11923
₽9750
₽14931
₽10995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
4 082
income
-
-
-
8 865
surtax
-
-
-
606
pensions
-
-
-
11 501
other
-
-
-
-
unemployment
-
-
-
215
total
-
-
-
25 269
Employee
31 839
-
47 503
-
unemployment
2 216
-
3 307
-
pensions
2 124
-
3 168
-
health
813
-
1 211
-
income
5 338
-
8 318
-
other
-
-
-
-
surtax
113
-
513
-
total
10 604
-
16 517
-
Employer
31 839
-
47 503
-
pensions
4 245
-
6 332
-
other
-
-
-
-
health
1 448
-
2 160
-
unemployment
1 010
-
1 505
-
total
6 703
-
9 997
-
Corporate
18 958
57 500
-
-
income
4 929
14 951
-
-
total
4 929
14 951
-
-
Dividends
14 029
42 549
-
-
withholding
2 105
6 382
-
-
total
2 105
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 341
21 333
26 514
25 269
After tax
33 159
36 167
30 986
32 231
Living cost
21 236
21 236
21 236
21 236
Free-cash
11 923
14 931
9 750
10 995

Estimated living cost  is ₽21236 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2657
₽2350
₽4755
₽5580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 789
municipal
-
-
-
341
regional
-
-
-
867
national
-
-
-
10 455
total
-
-
-
26 452
Employee
52 445
-
57 500
-
regional
706
-
774
-
municipal
278
-
305
-
national
8 309
-
9 213
-
social contributions
17 685
-
19 390
-
total
26 978
-
29 682
-
Employer
52 445
-
57 500
-
total
-
-
-
-
Corporate
5 055
57 500
-
-
municipal
251
2 858
-
-
nationa
1 213
13 801
-
-
total
1 464
16 659
-
-
Dividends
3 591
40 841
-
-
withholding
933
10 618
-
-
total
933
10 618
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 375
27 277
29 682
26 452
After tax
28 125
30 223
27 818
31 048
Living cost
25 468
25 468
25 468
25 468
Free-cash
2 657
4 755
2 350
5 580

Estimated living cost  is ₽25468 per week

₽15839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽347
₽255
₽10665
-₽919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
16 790
health
-
-
-
7 763
income
-
-
-
4 942
solidarity contribution
-
-
-
-
total
-
-
-
29 495
Employee
42 536
-
42 910
-
solidarity contribution
-
-
-
-
health
5 742
-
5 793
-
social contributions
2 765
-
2 789
-
income
5 104
-
5 149
-
total
13 611
-
13 731
-
Employer
42 536
-
42 910
-
health
3 828
-
3 862
-
social contributions
10 634
-
10 728
-
total
14 462
-
14 590
-
Corporate
502
57 500
-
-
income
95
10 925
-
-
total
95
10 925
-
-
Dividends
407
46 575
-
-
withholding
61
6 986
-
-
total
61
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 229
17 911
28 321
29 495
After tax
29 271
39 589
29 179
28 005
Living cost
28 924
28 924
28 924
28 924
Free-cash
347
10 665
255
-919

Estimated living cost  is ₽28924 per week

₽21510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
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.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2325
-₽8498
₽2795
₽1603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
4 399
surtax
-
-
-
-
income
-
-
-
4 668
chamber of commerce
-
-
-
230
pensions
-
-
-
10 638
unemployment
-
-
-
5 799
total
-
-
-
25 734
Employee
41 328
37 677
44 645
-
unemployment
1 240
1 130
1 340
-
pensions
4 232
3 857
4 572
-
health
1 599
1 459
1 728
-
income
3 682
2 779
4 633
-
other
413
377
447
-
total
11 166
9 602
12 720
-
Employer
41 328
37 677
44 645
-
chamber of commerce
165
151
179
-
pensions
5 187
4 729
5 603
-
other
1 963
1 789
2 121
-
health
1 563
1 425
1 688
-
unemployment
1 240
1 130
1 340
-
accident
536
490
580
-
surtax
-
-
-
-
payroll
1 240
1 130
1 340
-
total
11 894
10 844
12 851
-
Corporate
4 278
8 979
41 060
-
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.

1 069
2 244
10 264
-
total
1 069
2 244
10 264
-
Dividends
3 209
6 734
-
-
withholding
883
1 852
-
-
total
883
1 852
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 012
24 542
35 835
25 734
After tax
32 488
32 958
21 665
31 766
Living cost
30 163
30 163
30 163
30 163
Free-cash
2 325
2 795
-8 498
1 603

Estimated living cost  is ₽30163 per week

₽18094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40215
₽33865
₽42490
₽44790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
57 500
microenterprise

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

-
-
-
575
total
-
-
-
575
Employee
15 169
-
57 500
-
income
3 034
-
11 500
-
total
3 034
-
11 500
-
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%.

42 331
57 500
-
-
total
-
-
-
-
Dividends
42 331
57 500
-
-
withholding
2 116
2 875
-
-
total
2 116
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
5 150
2 875
11 500
575
After tax
52 350
54 625
46 000
56 925
Living cost
12 135
12 135
12 135
12 135
Free-cash
40 215
42 490
33 865
44 790

Estimated living cost  is ₽12135 per week

₽8212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6321
₽4366
₽14230
₽6015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health
-
-
-
5 657
income
-
-
-
9 882
pensions
-
-
-
10 501
unemployment
-
-
-
86
total
-
-
-
26 126
Employee

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

41 808
-
49 753
-
unemployment
59
-
70
-
pensions
6 481
-
7 711
-
health
2 700
-
3 215
-
income
7 210
-
9 031
-
total
16 450
-
20 027
-
Employer

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

41 808
-
49 753
-
pensions
3 700
-
4 403
-
health
2 785
-
3 314
-
unemployment
25
-
31
-
total
6 510
-
7 748
-
Corporate
9 183
57 500
-
-
income
1 744
10 925
-
-
total
1 744
10 925
-
-
Dividends
7 439
46 575
-
-
withholding
1 116
6 986
-
-
total
1 116
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 820
17 911
27 775
26 126
After tax
31 680
39 589
29 725
31 374
Living cost
25 359
25 359
25 359
25 359
Free-cash
6 321
14 230
4 366
6 015

Estimated living cost  is ₽25359 per week

₽17403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84882
₽3735
-₽6220
-₽1466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
6 555
income
-
-
-
11 208
total
-
-
-
17 763
Employee
59 079
-
-
-
social contributions
4 845
-
690
-
income
13 032
-
-
-
total
17 877
-
690
-
Employer
59 079
-
-
-
social contributions
83 302
-
11 872
-
total
83 302
-
11 872
-
Corporate
-
57 500
-
-
income
-
12 650
-
-
total
-
12 650
-
-
Dividends
-
44 850
-
-
income
-
9 867
-
-
total
-
9 867
-
-
Income
57 500
57 500
57 500
57 500
Total tax
101 179
22 517
12 562
17 763
After tax
-43 679
34 983
44 938
39 737
Living cost
41 203
41 203
41 203
41 203
Free-cash
-84 882
-6 220
3 735
-1 466

Estimated living cost  is ₽41203 per week

₽26734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2098
₽1722
₽3050
₽3403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
social contributions

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

-
-
-
19 982
income
-
-
-
4 459
surtax
-
-
-
-
total
-
-
-
24 441
Employee
43 483
-
46 464
-
social contributions
4 783
-
5 112
-
income
9 045
-
9 974
-
surtax
-
-
-
-
total
13 828
-
15 086
-
Employer
43 483
-
46 464
-
social contributions
10 327
-
11 036
-
total
10 327
-
11 036
-
Corporate
3 690
57 500
-
-
income
775
12 075
-
-
surtax
-
-
-
-
total
775
12 075
-
-
Dividends
2 915
45 425
-
-
withholding
816
12 719
-
-
total
816
12 719
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 746
24 794
26 122
24 441
After tax
31 754
32 706
31 378
33 059
Living cost
29 656
29 656
29 656
29 656
Free-cash
2 098
3 050
1 722
3 403

Estimated living cost  is ₽29656 per week

₽22188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20212
-₽10845
-₽16686
-₽11278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
1 638
health
-
-
-
497
income
-
-
-
2 734
surtax
-
-
-
-
pensions
-
-
-
16 463
other
-
-
-
1 782
total
-
-
-
23 114
Employee
59 215
-
43 816
-
pensions
6 698
-
4 955
-
social contributions
1 687
-
1 249
-
income
5 167
-
2 794
-
surtax
-
-
-
-
total
13 552
-
8 998
-
Employer
59 215
-
43 816
-
pensions
9 730
-
7 200
-
other
2 044
-
1 512
-
health
4 145
-
3 066
-
unemployment
2 399
-
1 774
-
social contributions
178
-
131
-
total
18 496
-
13 683
-
Corporate
-
57 500
-
-
income
-
16 101
-
-
surtax
-
-
-
-
total
-
16 101
-
-
Dividends
-
41 399
-
-
surtax
-
-
-
-
social contributions
-
7 121
-
-
withholding
-
5 300
-
-
total
-
12 421
-
-
Income
57 500
57 500
57 500
57 500
Total tax
32 048
28 522
22 681
23 114
After tax
25 452
28 978
34 819
34 386
Living cost
45 664
45 664
45 664
45 664
Free-cash
-20 212
-16 686
-10 845
-11 278

Estimated living cost  is ₽45664 per week

₽30904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20155
₽17954
₽23330
₽16339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
12 651
income
-
-
-
90
total
-
-
-
12 741
Employee
30 395
-
49 783
-
social contributions
1 975
-
3 235
-
income
-
-
174
-
total
1 975
-
3 409
-
Employer
30 395
-
49 783
-
social contributions
4 711
-
7 717
-
total
4 711
-
7 717
-
Corporate
22 393
57 500
-
-
income
2 239
5 750
-
-
total
2 239
5 750
-
-
Dividends
20 154
51 750
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
8 925
5 750
11 126
12 741
After tax
48 575
51 750
46 374
44 759
Living cost
28 420
28 420
28 420
28 420
Free-cash
20 155
23 330
17 954
16 339

Estimated living cost  is ₽28420 per week

₽18376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽148299
-₽148299
-₽148299
-₽8376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
9 497
pensions
-
-
-
819
labour market
-
-
-
4 535
national
-
-
-
5 535
total
-
-
-
20 386
Employee
192 004
192 004
192 004
-
pensions
273
273
273
-
municipal
40 886
40 886
40 886
-
national
23 457
23 457
23 457
-
labour market
15 338
15 338
15 338
-
total
79 954
79 954
79 954
-
Employer
192 004
192 004
192 004
-
municipal
40 951
40 951
40 951
-
pensions
546
546
546
-
national
23 498
23 498
23 498
-
labour market
15 360
15 360
15 360
-
total
80 355
80 355
80 355
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
160 309
160 309
160 309
20 386
After tax
-102 809
-102 809
-102 809
37 114
Living cost
45 490
45 490
45 490
45 490
Free-cash
-148 299
-148 299
-148 299
-8 376

Estimated living cost  is ₽45490 per week

₽31134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1477
₽9509
-₽16077
₽18972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
11 131
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
17 794
Employee
32 616
-
47 766
-
pensions
3 673
-
5 378
-
health
3 735
-
5 469
-
income
4 475
-
6 676
-
total
11 883
-
17 523
-
Employer
32 616
-
47 766
-
pensions
5 303
-
7 766
-
unemployment
799
-
1 170
-
accident
545
-
798
-
total
6 647
-
9 734
-
Corporate
18 237
57 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

16 413
51 750
-
-
total
16 413
51 750
-
-
Dividends
1 823
5 750
-
-
withholding
346
1 093
-
-
total
346
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 289
52 843
27 257
17 794
After tax
22 211
4 657
30 243
39 706
Living cost
20 734
20 734
20 734
20 734
Free-cash
1 477
-16 077
9 509
18 972

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1626
-₽937
₽3315
₽7838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
57 500
health
-
-
-
492
municipal
-
-
-
10 261
national
-
-
-
2 611
total
-
-
-
13 364
Employee
49 742
-
48 371
-
unemployment
746
-
725
-
pensions
3 357
-
3 265
-
municipal
8 147
-
7 925
-
national
822
-
746
-
health
371
-
350
-
total
13 443
-
13 011
-
Employer
49 742
-
48 371
-
pensions
8 630
-
8 393
-
health
382
-
373
-
unemployment
323
-
314
-
accident
50
-
48
-
total
9 385
-
9 128
-
Corporate
-
57 500
-
-
income
-
11 501
-
-
total
-
11 501
-
-
Dividends

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

-
34 500
-
-
national
-
176
-
-
municipal
-
6 210
-
-
total
-
6 386
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 828
17 887
22 139
13 364
After tax
34 672
39 613
35 361
44 136
Living cost
36 298
36 298
36 298
36 298
Free-cash
-1 626
3 315
-937
7 838

Estimated living cost  is ₽36298 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15266
₽17747
₽14230
₽22758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
8 971
health
-
-
-
1 466
income
-
-
-
2 415
total
-
-
-
12 852
Employee
72 700
72 700
72 700
-
health
563
1 236
888
-
social contributions
2 749
6 034
4 333
-
income
7 916
6 730
7 344
-
total
11 228
14 000
12 565
-
Employer
72 700
72 700
72 700
-
health
612
1 346
965
-
social contributions
2 749
6 034
4 333
-
total
3 361
7 380
5 298
-
Corporate
21 022
-
-
-
income
2 628
-
-
-
total
2 628
-
-
-
Dividends
18 394
-
-
-
withholding
3 127
-
-
-
total
3 127
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 344
21 380
17 863
12 852
After tax
37 156
36 120
39 637
44 648
Living cost
21 890
21 890
21 890
21 890
Free-cash
15 266
14 230
17 747
22 758

Estimated living cost  is ₽21890 per week

₽13119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27794
₽20586
₽32605
₽28077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 500
health
-
-
-
3 421
income
-
-
-
4 950
pensions
-
-
-
6 014
unemployment
-
-
-
27
total
-
-
-
14 412
Employee

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

21 701
-
52 132
-
unemployment
108
-
260
-
pensions
3 255
-
7 819
-
health
1 844
-
4 432
-
income
1 484
-
4 024
-
total
6 691
-
16 535
-
Employer

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

21 701
-
52 132
-
pensions
1 193
-
2 867
-
health
933
-
2 241
-
unemployment
108
-
260
-
total
2 234
-
5 368
-
Corporate
33 565
57 500
-
-
income
3 021
5 174
-
-
total
3 021
5 174
-
-
Dividends
30 544
52 326
-
-
withholding
2 749
4 710
-
-
total
2 749
4 710
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 695
9 884
21 903
14 412
After tax
42 805
47 616
35 597
43 088
Living cost
15 011
15 011
15 011
15 011
Free-cash
27 794
32 605
20 586
28 077

Estimated living cost  is ₽15011 per week

₽9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7845
₽5874
₽12827
₽5469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 783
pensions
-
-
-
16 273
other
-
-
-
57
unemployment
-
-
-
402
total
-
-
-
26 032
Employee
34 959
-
43 599
-
unemployment
542
-
676
-
pensions
1 643
-
2 049
-
income
6 740
-
8 957
-
other
34
-
43
-
total
8 959
-
11 725
-
Employer
34 959
-
43 599
-
pensions
8 250
-
10 290
-
other
280
-
350
-
unemployment
1 923
-
2 399
-
accident
693
-
863
-
total
11 146
-
13 902
-
Corporate
11 396
57 500
-
-
income

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

1 710
8 625
-
-
total
1 710
8 625
-
-
Dividends
9 686
48 875
-
-
withholding
1 841
10 049
-
-
total
1 841
10 049
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 656
18 674
25 627
26 032
After tax
33 844
38 826
31 873
31 468
Living cost
25 999
25 999
25 999
25 999
Free-cash
7 845
12 827
5 874
5 469

Estimated living cost  is ₽25999 per week

₽17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33726
₽34307
₽34029
₽34437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
979
income
-
-
-
18 883
pensions
-
-
-
1 350
total
-
-
-
21 212
Employee
2 819
-
55 981
-
unemployment
28
-
68
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
18 812
-
total
968
-
19 824
-
Employer
2 819
-
55 981
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
54 047
57 500
-
-
income
11 890
12 650
-
-
total
11 890
12 650
-
-
Dividends
42 157
44 850
-
-
withholding
8 431
8 970
-
-
total
8 431
8 970
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 923
21 620
21 342
21 212
After tax
35 577
35 880
36 158
36 288
Living cost
1 851
1 851
1 851
1 851
Free-cash
33 726
34 029
34 307
34 437

Estimated living cost  is ₽1851 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20551
₽14493
₽25201
₽12019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health
-
-
-
5 923
income
-
-
-
7 403
pensions
-
-
-
14 950
unemployment
-
-
-
862
total
-
-
-
29 138
Employee

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

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

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

24 644
-
48 770
-
unemployment
185
-
366
-
pensions
3 450
-
6 828
-
health
1 269
-
2 512
-
income
3 397
-
8 228
-
total
8 301
-
17 934
-
Employer

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

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

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

24 644
-
48 770
-
pensions
2 957
-
5 852
-
health
1 269
-
2 512
-
unemployment
185
-
366
-
total
4 411
-
8 730
-
Corporate
28 444
57 500
-
-
income
4 267
8 625
-
-
total
4 267
8 625
-
-
Dividends
24 178
48 875
-
-
withholding
3 627
7 331
-
-
total
3 627
7 331
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 606
15 956
26 664
29 138
After tax
36 894
41 544
30 836
28 362
Living cost
16 343
16 343
16 343
16 343
Free-cash
20 551
25 201
14 493
12 019

Estimated living cost  is ₽16343 per week

₽11004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6876
₽5889
₽7217
₽7570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
social contributions

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

-
-
-
19 982
income
-
-
-
4 459
surtax
-
-
-
-
total
-
-
-
24 441
Employee
36 695
-
46 464
-
social contributions
4 037
-
5 112
-
income
7 170
-
9 974
-
surtax
-
-
-
-
total
11 207
-
15 086
-
Employer
36 695
-
46 464
-
social contributions
8 714
-
11 036
-
total
8 714
-
11 036
-
Corporate
12 091
57 500
-
-
income
2 539
12 075
-
-
surtax
-
-
-
-
total
2 539
12 075
-
-
Dividends
9 552
45 425
-
-
withholding
2 675
12 719
-
-
total
2 675
12 719
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 135
24 794
26 122
24 441
After tax
32 365
32 706
31 378
33 059
Living cost
25 489
25 489
25 489
25 489
Free-cash
6 876
7 217
5 889
7 570

Estimated living cost  is ₽25489 per week

₽18053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2720
-₽1354
₽5599
-₽1759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 783
pensions
-
-
-
16 273
other
-
-
-
57
unemployment
-
-
-
402
total
-
-
-
26 032
Employee
45 661
-
43 599
-
unemployment
707
-
676
-
pensions
2 146
-
2 049
-
income
9 537
-
8 957
-
other
45
-
43
-
total
12 435
-
11 725
-
Employer
45 661
-
43 599
-
pensions
10 776
-
10 290
-
other
366
-
350
-
unemployment
2 512
-
2 399
-
accident
904
-
863
-
total
14 558
-
13 902
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 049
-
-
total
-
10 049
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 993
18 674
25 627
26 032
After tax
30 507
38 826
31 873
31 468
Living cost
33 227
33 227
33 227
33 227
Free-cash
-2 720
5 599
-1 354
-1 759

Estimated living cost  is ₽33227 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27101
₽24830
₽32873
₽23753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
health
-
-
-
3 804
income
-
-
-
8 625
pensions

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

-
-
-
4 896
unemployment
-
-
-
132
total
-
-
-
17 457
Employee
21 571
-
51 010
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 894
-
2 904
-
health
992
-
1 522
-
income
2 157
-
5 101
-
total
5 280
-
9 891
-
Employer
21 571
-
51 010
-
pensions

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

2 377
-
3 645
-
health
1 489
-
2 282
-
unemployment
130
-
198
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
total
4 233
-
6 489
-
Corporate
31 697
57 500
-
-
income
3 170
5 750
-
-
total
3 170
5 750
-
-
Dividends
28 527
51 750
-
-
withholding
1 426
2 587
-
-
total
1 426
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 109
8 337
16 380
17 457
After tax
43 391
49 163
41 120
40 043
Living cost
16 290
16 290
16 290
16 290
Free-cash
27 101
32 873
24 830
23 753

Estimated living cost  is ₽16290 per week

₽10774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5639
₽7275
-₽6730
₽5332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 459
trade
-
-
-
1 943
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.

-
-
-
6 886
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.

-
-
-
379
total
-
-
-
15 667
Employee

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

47 042
-
57 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 459
-
6 459
-
income

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

3 868
-
6 886
-
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.

214
-
379
-
total
10 541
-
13 724
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 458
57 500
-
-
income
1 568
8 625
-
-
chamber of commerce
160
228
-
-
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.

86
474
-
-
trade
1 500
8 251
-
-
total
3 314
17 578
-
-
Dividends
7 144
39 923
-
-
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.

79
529
-
-
withholding
1 426
9 622
-
-
total
1 505
10 151
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 360
27 729
13 724
15 667
After tax
42 140
29 771
43 776
41 833
Living cost
36 501
36 501
36 501
36 501
Free-cash
5 639
-6 730
7 275
5 332

Estimated living cost  is ₽36501 per week

₽25179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16456
-₽9230
-₽13606
-₽9230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
4 333
income
-
-
-
8 540
total
-
-
-
12 873
Employee
73 955
-
57 500
-
social contributions
6 144
-
4 333
-
income
13 955
-
8 540
-
total
20 099
-
12 873
-
Employer
73 955
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
income
-
7 187
-
-
total
-
7 187
-
-
Dividends
-
50 313
-
-
withholding
-
10 062
-
-
total
-
10 062
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 099
17 249
12 873
12 873
After tax
37 401
40 251
44 627
44 627
Living cost
53 857
53 857
53 857
53 857
Free-cash
-16 456
-13 606
-9 230
-9 230

Estimated living cost  is ₽53857 per week

₽40973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3539
₽7332
-₽1940
-₽9577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
income
-
-
-
26 912
health

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

-
-
-
5 845
total
-
-
-
32 757
Employee
43 371
-
53 151
-
social contributions
4 345
-
4 349
-
income
4 706
-
7 150
-
total
9 051
-
11 499
-
Employer
43 371
-
53 151
-
social contributions
4 345
-
4 349
-
total
4 345
-
4 349
-
Corporate
9 783
57 500
-
-
income
3 423
20 125
-
-
total
3 423
20 125
-
-
Dividends
6 360
37 375
-
-
social contributions
2 822
4 995
-
-
total
2 822
4 995
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 641
25 120
15 848
32 757
After tax
37 859
32 380
41 652
24 743
Living cost
34 320
34 320
34 320
34 320
Free-cash
3 539
-1 940
7 332
-9 577

Estimated living cost  is ₽34320 per week

₽22606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3514
₽2784
₽8732
₽8745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
10 774
pensions
-
-
-
3 631
total
-
-
-
14 405
Employee
47 151
-
51 205
-
pensions
3 599
-
4 086
-
health
615
-
699
-
income
8 587
-
9 285
-
total
12 801
-
14 070
-
Employer
47 151
-
51 205
-
pensions
4 764
-
5 322
-
health
896
-
974
-
total
5 660
-
6 296
-
Corporate
4 690
57 500
-
-
income

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

890
10 925
-
-
total
890
10 925
-
-
Dividends
3 800
46 575
-
-
withholding
285
3 493
-
-
total
285
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 636
14 418
20 366
14 405
After tax
37 864
43 082
37 134
43 095
Living cost
34 350
34 350
34 350
34 350
Free-cash
3 514
8 732
2 784
8 745

Estimated living cost  is ₽34350 per week

₽23564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1162
₽7456
-₽18130
₽16919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
242
health
-
-
-
2 086
income
-
-
-
11 131
pensions
-
-
-
3 980
other
-
-
-
355
total
-
-
-
17 794
Employee
35 845
-
47 766
-
pensions
4 036
-
5 378
-
health
4 104
-
5 469
-
income
4 918
-
6 676
-
total
13 058
-
17 523
-
Employer
35 845
-
47 766
-
pensions
5 828
-
7 766
-
unemployment
878
-
1 170
-
accident
599
-
798
-
total
7 305
-
9 734
-
Corporate
14 351
57 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

12 915
51 750
-
-
total
12 915
51 750
-
-
Dividends
1 435
5 750
-
-
withholding
273
1 093
-
-
total
273
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
33 551
52 843
27 257
17 794
After tax
23 949
4 657
30 243
39 706
Living cost
22 787
22 787
22 787
22 787
Free-cash
1 162
-18 130
7 456
16 919

Estimated living cost  is ₽22787 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31514
₽21089
₽36109
₽21089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
57 500
income
-
-
-
7 832
health insurance
-
-
-
4 255
pensions
-
-
-
10 580
unemployment
-
-
-
690
work injury
-
-
-
288
total
-
-
-
23 645
Employee

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

20 425
-
57 500
-
unemployment
245
-
690
-
pensions
3 758
-
10 580
-
work injury
102
-
288
-
income
2 043
-
7 832
-
health insurance
1 511
-
4 255
-
total
7 659
-
23 645
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 075
57 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
37 075
57 500
-
-
withholding
5 561
8 625
-
-
total
5 561
8 625
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 220
8 625
23 645
23 645
After tax
44 280
48 875
33 855
33 855
Living cost
12 766
12 766
12 766
12 766
Free-cash
31 514
36 109
21 089
21 089

Estimated living cost  is ₽12766 per week

₽7909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22169
-₽9881
-₽7378
-₽6688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 789
municipal
-
-
-
384
regional
-
-
-
896
national
-
-
-
10 455
total
-
-
-
26 524
Employee
79 669
-
57 500
-
regional
1 203
-
771
-
municipal
475
-
343
-
national
13 463
-
9 213
-
social contributions
26 864
-
19 390
-
total
42 005
-
29 717
-
Employer
79 669
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 772
-
-
nationa
-
13 801
-
-
total
-
16 573
-
-
Dividends
-
40 927
-
-
withholding
-
10 641
-
-
total
-
10 641
-
-
Income
57 500
57 500
57 500
57 500
Total tax
42 005
27 214
29 717
26 524
After tax
15 495
30 286
27 783
30 976
Living cost
37 664
37 664
37 664
37 664
Free-cash
-22 169
-7 378
-9 881
-6 688

Estimated living cost  is ₽37664 per week

₽26457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
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.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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