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
₽14975
₽348
₽12890
₽10877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 503
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.

-
-
-
6 814
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.

-
-
-
374
trade
-
-
-
2 085
total
-
-
-
15 776
Employee

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

36 410
-
57 500
-
surtax

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

56
-
374
-
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.

1 017
-
6 814
-
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.

6 503
-
6 503
-
total
7 576
-
13 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 090
57 500
-
-
chamber of commerce
175
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.

173
475
-
-
trade
3 322
9 056
-
-
income
3 163
8 624
-
-
total
6 833
18 383
-
-
Dividends
14 256
39 117
-
-
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.

177
518
-
-
withholding
3 203
9 417
-
-
total
3 380
9 935
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 789
28 318
13 691
15 776
After tax
39 711
29 182
43 809
41 724
Living cost
28 834
28 834
28 834
28 834
Free-cash
10 877
348
14 975
12 890

Estimated living cost  is ₽28834 per week

₽18137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
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.
₽6796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13844
-₽14458
-₽14296
-₽27615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 900
national
-
-
-
8 472
municipal
-
-
-
5 468
total
-
-
-
21 458
Employee
78 034
-
49 708
-
municipal
9 638
-
5 690
-
national
14 936
-
8 817
-
pensions
3 121
-
1 988
-
total
27 695
-
16 495
-
Employer
78 034
-
49 708
-
pensions
6 243
-
3 977
-
social contributions
839
-
534
-
total
7 082
-
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
34 777
21 620
21 006
21 458
After tax
22 723
35 880
36 494
36 042
Living cost
50 338
50 338
50 338
50 338
Free-cash
-27 615
-14 458
-13 844
-14 296

Estimated living cost  is ₽50338 per week

₽34214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13034
₽26196
₽26075
₽18386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 997
income
-
-
-
-
surtax
-
-
-
-
microenterprise
-
-
-
8 624
total
-
-
-
11 621
Employee
27 816
-
46 338
-
surtax
-
-
-
-
social contributions

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

3 060
-
5 098
-
income
4 952
-
8 402
-
total
8 012
-
13 500
-
Employer
27 816
-
46 338
-
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.

6 700
-
11 162
-
total
6 700
-
11 162
-
Corporate
22 983
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%.

4 598
11 500
-
-
total
4 598
11 500
-
-
Dividends

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

18 386
46 000
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 310
11 500
24 662
11 621
After tax
38 190
46 000
32 838
45 879
Living cost
19 804
19 804
19 804
19 804
Free-cash
18 386
26 196
13 034
26 075

Estimated living cost  is ₽19804 per week

₽12635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37030
-₽31686
-₽7029
-₽37030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 475
pensions
-
-
-
10 349
total
-
-
-
24 651
Employee
81 292
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
14 633
11 153
14 633
-
health
12 477
10 613
12 477
-
total
40 416
35 072
40 416
-
Employer
81 292
81 292
81 292
-
unemployment
2 927
2 927
2 927
-
health
5 651
5 651
5 651
-
pensions
5 658
5 658
5 658
-
total
14 236
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
54 652
49 308
54 652
24 651
After tax
2 848
8 192
2 848
32 849
Living cost
39 878
39 878
39 878
39 878
Free-cash
-37 030
-31 686
-37 030
-7 029

Estimated living cost  is ₽39878 per week

₽28261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8435
-₽7746
-₽10478
-₽15796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 682
health
-
-
-
3 588
accident
-
-
-
115
pensions
-
-
-
6 216
national
-
-
-
-
unemployment
-
-
-
57
municipal
-
-
-
12 179
total
-
-
-
28 837
Employee
55 773
-
43 753
-
municipal
16 631
-
13 047
-
national
-
-
-
-
total
16 631
-
13 047
-
Employer
55 773
-
43 753
-
other
6 481
-
5 084
-
unemployment
1 472
-
1 155
-
health
3 430
-
2 691
-
accident
112
-
87
-
pensions
6 029
-
4 730
-
total
17 524
-
13 747
-
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
34 155
26 105
26 794
28 837
After tax
23 345
31 395
30 706
28 663
Living cost
39 141
39 141
39 141
39 141
Free-cash
-15 796
-7 746
-8 435
-10 478

Estimated living cost  is ₽39141 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6413
-₽8511
₽4234
₽4866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 503
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.

-
-
-
6 814
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.

-
-
-
374
trade
-
-
-
2 179
total
-
-
-
15 870
Employee

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

48 275
-
57 500
-
surtax

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

228
-
374
-
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.

4 148
-
6 814
-
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.

6 503
-
6 503
-
total
10 879
-
13 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 225
57 500
-
-
chamber of commerce
157
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.

76
475
-
-
trade
1 517
9 459
-
-
income
1 384
8 624
-
-
total
3 134
18 784
-
-
Dividends
6 091
38 716
-
-
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.

63
513
-
-
withholding
1 162
9 318
-
-
total
1 225
9 831
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 238
28 615
13 691
15 870
After tax
42 262
28 885
43 809
41 630
Living cost
37 396
37 396
37 396
37 396
Free-cash
4 866
-8 511
6 413
4 234

Estimated living cost  is ₽37396 per week

₽25011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8702
₽5098
₽13820
₽7482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 969
health
-
-
-
1 467
income
-
-
-
2 368
total
-
-
-
12 804
Employee
73 200
73 200
73 200
-
social contributions
3 557
6 075
4 332
-
income
7 687
6 776
7 405
-
health
728
1 245
887
-
total
11 972
14 096
12 624
-
Employer
73 200
73 200
73 200
-
health
793
1 355
966
-
social contributions
3 557
6 075
4 332
-
total
4 350
7 430
5 298
-
Corporate
10 302
-
-
-
income
1 288
-
-
-
total
1 288
-
-
-
Dividends
9 014
-
-
-
withholding
1 532
-
-
-
total
1 532
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 142
21 526
17 922
12 804
After tax
38 358
35 974
39 578
44 696
Living cost
30 876
30 876
30 876
30 876
Free-cash
7 482
5 098
8 702
13 820

Estimated living cost  is ₽30876 per week

₽21107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2412
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15655
₽14861
₽22156
₽15230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
862
total
-
-
-
17 666
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.

25 519
10 156
48 117
-
income
3 120
1 242
5 882
-
pensions
2 552
1 016
4 812
-
health
1 786
711
3 368
-
unemployment
383
152
722
-
total
7 841
3 121
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.

25 519
10 156
48 117
-
pensions
4 976
1 980
9 383
-
total
4 976
1 980
9 383
-
Corporate
27 005
45 363
-
-
income
2 430
4 083
-
-
total
2 430
4 083
-
-
Dividends
24 574
41 281
-
-
social contributions
4 676
7 934
-
-
withholding
4 669
7 843
-
-
total
9 345
15 777
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 592
24 961
24 167
17 666
After tax
32 908
32 539
33 333
39 834
Living cost
17 678
17 678
17 678
17 678
Free-cash
15 230
14 861
15 655
22 156

Estimated living cost  is ₽17678 per week

₽12064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10605
₽23007
₽8604
₽17093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 475
income
-
-
-
6 928
pensions
-
-
-
11 500
total
-
-
-
25 903
Employee
27 005
-
42 974
-
income
3 040
-
7 829
-
pensions
540
-
860
-
unemployment
432
-
688
-
total
4 012
-
9 377
-
Employer
27 005
-
42 974
-
unemployment
217
-
343
-
health
3 510
-
5 587
-
pensions
5 401
-
8 595
-
total
9 128
-
14 525
-
Corporate
21 367
57 500
-
-
income
4 274
11 500
-
-
total
4 274
11 500
-
-
Dividends
17 092
46 000
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 414
11 500
23 902
25 903
After tax
40 086
46 000
33 598
31 597
Living cost
22 993
22 993
22 993
22 993
Free-cash
17 093
23 007
10 605
8 604

Estimated living cost  is ₽22993 per week

₽15771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
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.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9216
-₽16362
₽18688
₽1435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
11 139
pensions
-
-
-
3 975
total
-
-
-
17 793
Employee
33 064
-
47 765
-
income
4 536
-
6 682
-
pensions
3 723
-
5 379
-
health
3 786
-
5 469
-
total
12 045
-
17 530
-
Employer
33 064
-
47 765
-
unemployment
810
-
1 170
-
accident
552
-
798
-
pensions
5 376
-
7 767
-
total
6 738
-
9 735
-
Corporate
17 697
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.

15 927
51 750
-
-
total
15 927
51 750
-
-
Dividends
1 770
5 750
-
-
withholding
336
1 093
-
-
total
336
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 046
52 843
27 265
17 793
After tax
22 454
4 657
30 235
39 707
Living cost
21 019
21 019
21 019
21 019
Free-cash
1 435
-16 362
9 216
18 688

Estimated living cost  is ₽21019 per week

₽15405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
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.
₽4011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38093
₽46718
₽49018
₽45236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 884
-
57 500
-
income
1 976
-
11 500
-
total
1 976
-
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%.

47 616
57 500
-
-
total
-
-
-
-
Dividends
47 616
57 500
-
-
withholding
2 381
2 875
-
-
total
2 381
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
4 357
2 875
11 500
575
After tax
53 143
54 625
46 000
56 925
Living cost
7 907
7 907
7 907
7 907
Free-cash
45 236
46 718
38 093
49 018

Estimated living cost  is ₽7907 per week

₽4900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8337
₽16881
₽5769
₽10451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
2 731
health
-
-
-
2 531
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.

-
-
-
13 800
total
-
-
-
26 366
Employee
34 564
-
45 926
-
income
5 951
-
7 905
-
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.

2 419
-
3 216
-
health
484
-
643
-
unemployment
345
-
459
-
total
9 199
-
12 223
-
Employer
34 564
-
45 926
-
other
1 729
-
2 298
-
unemployment
345
-
459
-
health
484
-
643
-
accident
276
-
367
-
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.

5 877
-
7 808
-
total
8 711
-
11 575
-
Corporate
14 225
57 500
-
-
income
2 988
12 075
-
-
total
2 988
12 075
-
-
Dividends
11 237
45 425
-
-
withholding
786
3 179
-
-
total
786
3 179
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 684
15 254
23 798
26 366
After tax
35 816
42 246
33 702
31 134
Living cost
25 365
25 365
25 365
25 365
Free-cash
10 451
16 881
8 337
5 769

Estimated living cost  is ₽25365 per week

₽17922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25602
-₽19704
-₽19671
-₽43507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 778
pensions
-
-
-
3 608
total
-
-
-
14 386
Employee
88 831
-
51 227
-
income
16 013
-
9 295
-
health
1 464
-
693
-
pensions
8 570
-
4 056
-
total
26 047
-
14 044
-
Employer
88 831
-
51 227
-
health
1 687
-
974
-
pensions
10 488
-
5 299
-
total
12 175
-
6 273
-
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
-
3 494
-
-
total
-
3 494
-
-
Income
57 500
57 500
57 500
57 500
Total tax
38 222
14 419
20 317
14 386
After tax
19 278
43 081
37 183
43 114
Living cost
62 785
62 785
62 785
62 785
Free-cash
-43 507
-19 704
-25 602
-19 671

Estimated living cost  is ₽62785 per week

₽47046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28812
₽36806
₽27728
₽32429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 786
income
-
-
-
8 625
pensions

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

-
-
-
4 872
unemployment
-
-
-
132
total
-
-
-
17 415
Employee
16 363
-
51 041
-
income
1 636
-
5 104
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 514
-
total
4 006
-
9 871
-
Employer
16 363
-
51 041
-
unemployment
98
-
198
-
health
1 129
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 803
-
3 628
-
total
3 210
-
6 460
-
Corporate
37 926
57 500
-
-
income
3 792
5 750
-
-
total
3 792
5 750
-
-
Dividends
34 134
51 750
-
-
withholding
1 706
2 587
-
-
total
1 706
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
12 714
8 337
16 331
17 415
After tax
44 786
49 163
41 169
40 085
Living cost
12 357
12 357
12 357
12 357
Free-cash
32 429
36 806
28 812
27 728

Estimated living cost  is ₽12357 per week

₽7214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽49939
-₽44595
-₽19938
-₽46210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 475
pensions
-
-
-
10 349
total
-
-
-
24 651
Employee
88 257
81 292
81 292
-
income

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

13 306
13 306
13 306
-
pensions
11 153
11 153
14 633
-
health
11 011
10 613
12 477
-
total
35 470
35 072
40 416
-
Employer
88 257
81 292
81 292
-
unemployment
3 178
2 927
2 927
-
health
6 133
5 651
5 651
-
pensions
6 142
5 658
5 658
-
total
15 453
14 236
14 236
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
50 923
49 308
54 652
24 651
After tax
6 577
8 192
2 848
32 849
Living cost
52 787
52 787
52 787
52 787
Free-cash
-46 210
-44 595
-49 939
-19 938

Estimated living cost  is ₽52787 per week

₽38939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5746
₽16156
₽4573
₽7797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 762
income
-
-
-
4 942
solidarity contribution
-
-
-
-
total
-
-
-
29 494
Employee
34 460
-
42 910
-
social contributions
2 240
-
2 789
-
solidarity contribution
-
-
-
-
income
4 135
-
5 149
-
health
4 652
-
5 793
-
total
11 027
-
13 731
-
Employer
34 460
-
42 910
-
health
3 101
-
3 862
-
social contributions
8 615
-
10 728
-
total
11 716
-
14 590
-
Corporate
11 323
57 500
-
-
income
2 151
10 925
-
-
total
2 151
10 925
-
-
Dividends
9 172
46 575
-
-
withholding
1 376
6 986
-
-
total
1 376
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 270
17 911
28 321
29 494
After tax
31 230
39 589
29 179
28 006
Living cost
23 433
23 433
23 433
23 433
Free-cash
7 797
16 156
5 746
4 573

Estimated living cost  is ₽23433 per week

₽16277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
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.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12076
-₽9490
-₽8830
-₽27103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 790
national
-
-
-
10 449
regional
-
-
-
581
municipal
-
-
-
341
total
-
-
-
26 161
Employee
84 603
-
57 500
-
social contributions
28 528
-
19 389
-
municipal
448
-
305
-
national
14 660
-
9 206
-
regional
798
-
507
-
total
44 434
-
29 407
-
Employer
84 603
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
nationa
-
13 800
-
-
municipal
-
2 242
-
-
total
-
16 042
-
-
Dividends
-
41 458
-
-
withholding
-
10 779
-
-
total
-
10 779
-
-
Income
57 500
57 500
57 500
57 500
Total tax
44 434
26 821
29 407
26 161
After tax
13 066
30 679
28 093
31 339
Living cost
40 169
40 169
40 169
40 169
Free-cash
-27 103
-9 490
-12 076
-8 830

Estimated living cost  is ₽40169 per week

₽28001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10012
₽15161
₽11257
₽12199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
4 083
income
-
-
-
8 841
pensions
-
-
-
11 500
surtax
-
-
-
596
unemployment
-
-
-
217
total
-
-
-
25 237
Employee
31 480
-
47 499
-
surtax
103
-
502
-
income
5 277
-
8 294
-
other
-
-
-
-
pensions
2 099
-
3 169
-
health
804
-
1 210
-
unemployment
2 191
-
3 306
-
total
10 474
-
16 481
-
Employer
31 480
-
47 499
-
other
-
-
-
-
unemployment
997
-
1 507
-
health
1 433
-
2 162
-
pensions
4 196
-
6 332
-
total
6 626
-
10 001
-
Corporate
19 394
57 500
-
-
income
5 042
14 951
-
-
total
5 042
14 951
-
-
Dividends
14 352
42 549
-
-
withholding
2 153
6 382
-
-
total
2 153
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 295
21 333
26 482
25 237
After tax
33 205
36 167
31 018
32 263
Living cost
21 006
21 006
21 006
21 006
Free-cash
12 199
15 161
10 012
11 257

Estimated living cost  is ₽21006 per week

₽12844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
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.
₽5739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5710
₽188
₽221
-₽9607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 778
pensions
-
-
-
3 608
total
-
-
-
14 386
Employee
59 532
-
51 227
-
income
10 722
-
9 295
-
health
864
-
693
-
pensions
5 053
-
4 056
-
total
16 639
-
14 044
-
Employer
59 532
-
51 227
-
health
1 131
-
974
-
pensions
6 444
-
5 299
-
total
7 575
-
6 273
-
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
-
3 494
-
-
total
-
3 494
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 214
14 419
20 317
14 386
After tax
33 286
43 081
37 183
43 114
Living cost
42 893
42 893
42 893
42 893
Free-cash
-9 607
188
-5 710
221

Estimated living cost  is ₽42893 per week

₽32135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30287
-₽49841
-₽27376
-₽40082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
248
pensions
-
-
-
5 291
city
-
-
-
604
national
-
-
-
172
regional
-
-
-
1 277
total
-
-
-
8 742
Employee
89 097
-
51 468
-
national
422
-
139
-
city
956
-
553
-
pensions
7 485
-
4 321
-
health
201
-
115
-
regional
2 917
-
1 060
-
unemployment
-
-
-
-
total
11 981
-
6 188
-
Employer
89 097
-
51 468
-
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.

1 781
-
1 029
-
unemployment
-
-
-
-
health
201
-
115
-
pensions
7 485
-
4 321
-
total
9 467
-
5 465
-
Corporate
-
57 500
-
-
regional
-
12 161
-
-
national
-
4 887
-
-
total
-
17 048
-
-
Dividends
-
40 453
-
-
withholding
-
14 159
-
-
total
-
14 159
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 448
31 207
11 653
8 742
After tax
36 052
26 293
45 847
48 758
Living cost
76 134
76 134
76 134
76 134
Free-cash
-40 082
-49 841
-30 287
-27 376

Estimated living cost  is ₽76134 per week

₽49509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽935
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽200
-₽15021
-₽2071
₽50
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 503
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.

-
-
-
6 814
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.

-
-
-
374
trade
-
-
-
2 271
total
-
-
-
15 962
Employee

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

57 210
-
57 500
-
surtax

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

370
-
374
-
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.

6 727
-
6 814
-
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.

6 503
-
6 503
-
total
13 600
-
13 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
290
57 500
-
-
chamber of commerce
145
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.

2
475
-
-
trade
51
9 862
-
-
income
43
8 624
-
-
total
241
19 187
-
-
Dividends
50
38 313
-
-
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
-
9 217
-
-
total
-
9 725
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 841
28 912
13 691
15 962
After tax
43 659
28 588
43 809
41 538
Living cost
43 609
43 609
43 609
43 609
Free-cash
50
-15 021
200
-2 071

Estimated living cost  is ₽43609 per week

₽31850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2267
-₽3587
₽1823
₽2035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 783
social contributions
-
-
-
1 638
health
-
-
-
499
income
-
-
-
2 715
pensions
-
-
-
16 473
surtax
-
-
-
-
total
-
-
-
23 108
Employee
40 742
-
43 814
-
surtax
-
-
-
-
social contributions
1 162
-
1 248
-
income
2 404
-
2 775
-
pensions
4 607
-
4 955
-
total
8 173
-
8 978
-
Employer
40 742
-
43 814
-
other
1 405
-
1 512
-
unemployment
1 649
-
1 774
-
health
2 852
-
3 067
-
pensions
6 693
-
7 201
-
social contributions
123
-
132
-
total
12 722
-
13 686
-
Corporate
4 035
57 500
-
-
surtax
-
-
-
-
income
1 129
16 099
-
-
total
1 129
16 099
-
-
Dividends
2 906
41 401
-
-
social contributions
500
7 121
-
-
surtax
-
-
-
-
withholding
372
5 298
-
-
total
872
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 896
28 518
22 664
23 108
After tax
34 604
28 982
34 836
34 392
Living cost
32 569
32 569
32 569
32 569
Free-cash
2 035
-3 587
2 267
1 823

Estimated living cost  is ₽32569 per week

₽20536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5494
-₽360
₽5050
₽4929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 783
social contributions
-
-
-
1 638
health
-
-
-
499
income
-
-
-
2 715
pensions
-
-
-
16 473
surtax
-
-
-
-
total
-
-
-
23 108
Employee
36 368
-
43 814
-
surtax
-
-
-
-
social contributions
1 037
-
1 248
-
income
1 875
-
2 775
-
pensions
4 113
-
4 955
-
total
7 025
-
8 978
-
Employer
36 368
-
43 814
-
other
1 256
-
1 512
-
unemployment
1 472
-
1 774
-
health
2 545
-
3 067
-
pensions
5 976
-
7 201
-
social contributions
108
-
132
-
total
11 357
-
13 686
-
Corporate
9 775
57 500
-
-
surtax
-
-
-
-
income
2 737
16 099
-
-
total
2 737
16 099
-
-
Dividends
7 038
41 401
-
-
social contributions
1 209
7 121
-
-
surtax
-
-
-
-
withholding
901
5 298
-
-
total
2 110
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 229
28 518
22 664
23 108
After tax
34 271
28 982
34 836
34 392
Living cost
29 342
29 342
29 342
29 342
Free-cash
4 929
-360
5 494
5 050

Estimated living cost  is ₽29342 per week

₽17017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽14180
₽14893
₽16742
₽15386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 934
health
-
-
-
4 014
income
-
-
-
8 624
total
-
-
-
20 572
Employee
32 277
-
57 500
-
social contributions
4 455
-
7 934
-
income
5 383
-
11 186
-
health
2 253
-
4 014
-
total
12 091
-
23 134
-
Employer
32 277
-
57 500
-
total
-
-
-
-
Corporate
25 223
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%.

1 261
2 874
-
-
total
1 261
2 874
-
-
Dividends
23 963
54 626
-
-
social contributions
3 308
7 539
-
-
withholding
3 595
8 194
-
-
health
1 673
3 814
-
-
total
8 576
19 547
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 928
22 421
23 134
20 572
After tax
35 572
35 079
34 366
36 928
Living cost
20 186
20 186
20 186
20 186
Free-cash
15 386
14 893
14 180
16 742

Estimated living cost  is ₽20186 per week

₽13509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11858
-₽676
-₽1934
-₽4854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 599
chamber of commerce
-
-
-
229
pensions
-
-
-
10 637
surtax
-
-
-
188
unemployment
-
-
-
5 839
total
-
-
-
25 891
Employee
47 574
37 936
44 504
-
income
5 416
2 798
4 536
-
other
475
379
444
-
pensions
4 872
3 884
4 558
-
health
1 841
1 469
1 722
-
unemployment
1 427
1 138
1 335
-
total
14 031
9 668
12 595
-
Employer
47 574
37 936
44 504
-
other
2 260
1 801
2 114
-
unemployment
1 427
1 138
1 335
-
health
1 797
1 434
1 682
-
surtax
188
188
188
-
accident
618
493
578
-
pensions
5 970
4 762
5 586
-
payroll
1 427
1 138
1 335
-
chamber of commerce
190
152
179
-
total
13 877
11 106
12 997
-
Corporate
3 613
8 457
40 891
-
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.

903
2 114
10 223
-
total
903
2 114
10 223
-
Dividends
-
6 344
-
-
withholding
-
1 745
-
-
total
-
1 745
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 811
24 633
35 815
25 891
After tax
28 689
32 867
21 685
31 609
Living cost
33 543
33 543
33 543
33 543
Free-cash
-4 854
-676
-11 858
-1 934

Estimated living cost  is ₽33543 per week

₽22372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10213
-₽2322
-₽4228
-₽30416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 935
communal

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

-
-
-
3 033
national
-
-
-
17 051
total
-
-
-
27 019
Employee

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

68 093
-
44 535
-
national
20 935
-
11 895
-
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.

5 107
-
3 340
-
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.

3 199
-
2 094
-
communal

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

3 552
-
2 323
-
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.

593
-
387
-
total
33 386
-
20 039
-
Employer

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

68 093
-
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.

994
-
650
-
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.

4 187
-
2 739
-
surtax
7 721
-
5 051
-
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.

885
-
580
-
pensions

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

6 034
-
3 945
-
total
19 821
-
12 965
-
Corporate
-
57 500
-
-
surtax
-
229
-
-
income
-
11 500
-
-
total
-
11 729
-
-
Dividends
-
45 770
-
-
withholding

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

-
13 384
-
-
total
-
13 384
-
-
Income
57 500
57 500
57 500
57 500
Total tax
53 207
25 113
33 004
27 019
After tax
4 293
32 387
24 496
30 481
Living cost
34 709
34 709
34 709
34 709
Free-cash
-30 416
-2 322
-10 213
-4 228

Estimated living cost  is ₽34709 per week

₽22357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3035
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.
₽8774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2483
₽4449
-₽2891
-₽4991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
58
accident
-
-
-
517
income
-
-
-
8 761
pensions
-
-
-
16 273
unemployment
-
-
-
403
total
-
-
-
26 012
Employee
47 385
-
43 601
-
income
9 998
-
8 936
-
other
47
-
43
-
pensions
2 227
-
2 049
-
unemployment
735
-
676
-
total
13 007
-
11 704
-
Employer
47 385
-
43 601
-
other
378
-
349
-
unemployment
2 607
-
2 397
-
accident
938
-
864
-
pensions
11 182
-
10 290
-
total
15 105
-
13 900
-
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.

-
8 624
-
-
total
-
8 624
-
-
Dividends
-
48 876
-
-
withholding
-
10 048
-
-
total
-
10 048
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 112
18 672
25 604
26 012
After tax
29 388
38 828
31 896
31 488
Living cost
34 379
34 379
34 379
34 379
Free-cash
-4 991
4 449
-2 483
-2 891

Estimated living cost  is ₽34379 per week

₽25316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
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.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12780
-₽15701
-₽13918
-₽23203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 312
accident
-
-
-
517
income
-
-
-
2 614
pensions
-
-
-
9 200
communal
-
-
-
-
surtax
-
-
-
3 042
total
-
-
-
19 685
Employee
72 090
-
51 362
-
surtax
4 419
-
3 147
-
income
6 963
-
2 867
-
pensions
5 766
-
4 110
-
health
3 208
-
2 285
-
total
20 356
-
12 409
-
Employer
72 090
-
51 362
-
health
2 199
-
1 566
-
accident
649
-
462
-
pensions
5 766
-
4 110
-
total
8 614
-
6 138
-
Corporate
-
57 500
-
-
surtax
-
603
-
-
income
-
8 624
-
-
communal
-
3 880
-
-
total
-
13 107
-
-
Dividends
-
44 392
-
-
income
-
1 702
-
-
withholding
-
6 659
-
-
total
-
8 361
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 970
21 468
18 547
19 685
After tax
28 530
36 032
38 953
37 815
Living cost
51 733
51 733
51 733
51 733
Free-cash
-23 203
-15 701
-12 780
-13 918

Estimated living cost  is ₽51733 per week

₽38807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
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.
₽9242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9636
₽14785
₽10881
₽11758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
4 083
income
-
-
-
8 841
pensions
-
-
-
11 500
surtax
-
-
-
596
unemployment
-
-
-
217
total
-
-
-
25 237
Employee
32 058
-
47 499
-
surtax
114
-
502
-
income
5 374
-
8 294
-
other
-
-
-
-
pensions
2 139
-
3 169
-
health
818
-
1 210
-
unemployment
2 231
-
3 306
-
total
10 676
-
16 481
-
Employer
32 058
-
47 499
-
other
-
-
-
-
unemployment
1 017
-
1 507
-
health
1 458
-
2 162
-
pensions
4 274
-
6 332
-
total
6 749
-
10 001
-
Corporate
18 693
57 500
-
-
income
4 859
14 951
-
-
total
4 859
14 951
-
-
Dividends
13 833
42 549
-
-
withholding
2 076
6 382
-
-
total
2 076
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 360
21 333
26 482
25 237
After tax
33 140
36 167
31 018
32 263
Living cost
21 382
21 382
21 382
21 382
Free-cash
11 758
14 785
9 636
10 881

Estimated living cost  is ₽21382 per week

₽12909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2183
₽4580
₽5411
₽2466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 790
national
-
-
-
10 449
regional
-
-
-
866
municipal
-
-
-
341
total
-
-
-
26 446
Employee
52 806
-
57 500
-
social contributions
17 807
-
19 389
-
municipal
280
-
305
-
national
8 366
-
9 206
-
regional
711
-
774
-
total
27 164
-
29 674
-
Employer
52 806
-
57 500
-
total
-
-
-
-
Corporate
4 694
57 500
-
-
nationa
1 127
13 800
-
-
municipal
233
2 858
-
-
total
1 360
16 658
-
-
Dividends
3 334
40 842
-
-
withholding
867
10 619
-
-
total
867
10 619
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 391
27 277
29 674
26 446
After tax
28 109
30 223
27 826
31 054
Living cost
25 643
25 643
25 643
25 643
Free-cash
2 466
4 580
2 183
5 411

Estimated living cost  is ₽25643 per week

₽15948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽303
₽10714
-₽869
₽410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 762
income
-
-
-
4 942
solidarity contribution
-
-
-
-
total
-
-
-
29 494
Employee
42 464
-
42 910
-
social contributions
2 760
-
2 789
-
solidarity contribution
-
-
-
-
income
5 096
-
5 149
-
health
5 733
-
5 793
-
total
13 589
-
13 731
-
Employer
42 464
-
42 910
-
health
3 822
-
3 862
-
social contributions
10 616
-
10 728
-
total
14 438
-
14 590
-
Corporate
598
57 500
-
-
income
114
10 925
-
-
total
114
10 925
-
-
Dividends
485
46 575
-
-
withholding
73
6 986
-
-
total
73
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 214
17 911
28 321
29 494
After tax
29 286
39 589
29 179
28 006
Living cost
28 876
28 876
28 876
28 876
Free-cash
410
10 714
303
-869

Estimated living cost  is ₽28876 per week

₽21474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
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.
₽5303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8640
₽2600
₽1427
₽2129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 599
chamber of commerce
-
-
-
229
pensions
-
-
-
10 637
surtax
-
-
-
-
unemployment
-
-
-
5 839
total
-
-
-
25 703
Employee
41 612
37 936
44 649
-
income
3 707
2 798
4 578
-
other
415
379
446
-
pensions
4 262
3 884
4 572
-
health
1 610
1 469
1 727
-
unemployment
1 248
1 138
1 339
-
total
11 242
9 668
12 662
-
Employer
41 612
37 936
44 649
-
other
1 976
1 801
2 121
-
unemployment
1 248
1 138
1 339
-
health
1 573
1 434
1 687
-
surtax
-
-
-
-
accident
540
493
580
-
pensions
5 223
4 762
5 604
-
payroll
1 248
1 138
1 339
-
chamber of commerce
166
152
179
-
total
11 974
10 918
12 849
-
Corporate
3 912
8 645
41 039
-
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.

977
2 161
10 259
-
total
977
2 161
10 259
-
Dividends
2 935
6 485
-
-
withholding
808
1 783
-
-
total
808
1 783
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 001
24 530
35 770
25 703
After tax
32 499
32 970
21 730
31 797
Living cost
30 370
30 370
30 370
30 370
Free-cash
2 129
2 600
-8 640
1 427

Estimated living cost  is ₽30370 per week

₽18218
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33678
₽42303
₽44603
₽39992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 402
-
57 500
-
income
3 081
-
11 500
-
total
3 081
-
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%.

42 098
57 500
-
-
total
-
-
-
-
Dividends
42 098
57 500
-
-
withholding
2 105
2 875
-
-
total
2 105
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
5 186
2 875
11 500
575
After tax
52 314
54 625
46 000
56 925
Living cost
12 322
12 322
12 322
12 322
Free-cash
39 992
42 303
33 678
44 603

Estimated living cost  is ₽12322 per week

₽8338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4218
₽14055
₽5869
₽6093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 658
income
-
-
-
9 852
pensions
-
-
-
10 501
unemployment
-
-
-
87
total
-
-
-
26 098
Employee

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

42 095
-
49 752
-
income
7 259
-
9 003
-
pensions
6 525
-
7 712
-
health
2 719
-
3 216
-
unemployment
60
-
70
-
total
16 563
-
20 001
-
Employer

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

42 095
-
49 752
-
unemployment
25
-
31
-
health
2 804
-
3 315
-
pensions
3 725
-
4 402
-
total
6 554
-
7 748
-
Corporate
8 851
57 500
-
-
income
1 682
10 926
-
-
total
1 682
10 926
-
-
Dividends
7 169
46 574
-
-
withholding
1 075
6 986
-
-
total
1 075
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 874
17 912
27 749
26 098
After tax
31 626
39 588
29 751
31 402
Living cost
25 533
25 533
25 533
25 533
Free-cash
6 093
14 055
4 218
5 869

Estimated living cost  is ₽25533 per week

₽17523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5880
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1221
-₽8146
-₽3392
-₽91537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 841
-
-
-
social contributions
5 071
-
723
-
income
13 641
-
-
-
total
18 712
-
723
-
Employer
61 841
-
-
-
social contributions
87 196
-
12 427
-
total
87 196
-
12 427
-
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
105 908
22 517
13 150
17 763
After tax
-48 408
34 983
44 350
39 737
Living cost
43 129
43 129
43 129
43 129
Free-cash
-91 537
-8 146
1 221
-3 392

Estimated living cost  is ₽43129 per week

₽27984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1551
₽2846
₽3215
₽1890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 444
surtax
-
-
-
-
total
-
-
-
24 426
Employee
43 782
-
46 464
-
surtax
-
-
-
-
social contributions
4 816
-
5 111
-
income
9 107
-
9 943
-
total
13 923
-
15 054
-
Employer
43 782
-
46 464
-
social contributions
10 398
-
11 036
-
total
10 398
-
11 036
-
Corporate
3 320
57 500
-
-
surtax
-
-
-
-
income
697
12 075
-
-
total
697
12 075
-
-
Dividends
2 622
45 425
-
-
withholding
733
12 720
-
-
total
733
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 751
24 795
26 090
24 426
After tax
31 749
32 705
31 410
33 074
Living cost
29 859
29 859
29 859
29 859
Free-cash
1 890
2 846
1 551
3 215

Estimated living cost  is ₽29859 per week

₽22341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11142
-₽16996
-₽11586
-₽20744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
1 783
social contributions
-
-
-
1 638
health
-
-
-
499
income
-
-
-
2 715
pensions
-
-
-
16 473
surtax
-
-
-
-
total
-
-
-
23 108
Employee
59 622
-
43 814
-
surtax
-
-
-
-
social contributions
1 698
-
1 248
-
income
5 202
-
2 775
-
pensions
6 744
-
4 955
-
total
13 644
-
8 978
-
Employer
59 622
-
43 814
-
other
2 058
-
1 512
-
unemployment
2 415
-
1 774
-
health
4 173
-
3 067
-
pensions
9 797
-
7 201
-
social contributions
179
-
132
-
total
18 622
-
13 686
-
Corporate
-
57 500
-
-
surtax
-
-
-
-
income
-
16 099
-
-
total
-
16 099
-
-
Dividends
-
41 401
-
-
social contributions
-
7 121
-
-
surtax
-
-
-
-
withholding
-
5 298
-
-
total
-
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
32 266
28 518
22 664
23 108
After tax
25 234
28 982
34 836
34 392
Living cost
45 978
45 978
45 978
45 978
Free-cash
-20 744
-16 996
-11 142
-11 586

Estimated living cost  is ₽45978 per week

₽31117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
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.
₽10469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17773
₽23135
₽16160
₽19937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74
social contributions
-
-
-
12 651
total
-
-
-
12 725
Employee
30 604
-
49 784
-
income
-
-
159
-
social contributions
1 989
-
3 237
-
total
1 989
-
3 396
-
Employer
30 604
-
49 784
-
social contributions
4 744
-
7 716
-
total
4 744
-
7 716
-
Corporate
22 152
57 500
-
-
income
2 215
5 750
-
-
total
2 215
5 750
-
-
Dividends
19 937
51 750
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
8 948
5 750
11 112
12 725
After tax
48 552
51 750
46 388
44 775
Living cost
28 615
28 615
28 615
28 615
Free-cash
19 937
23 135
17 773
16 160

Estimated living cost  is ₽28615 per week

₽18502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
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.
₽7417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽149582
-₽149582
-₽8638
-₽149582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
4 534
pensions
-
-
-
824
national
-
-
-
5 526
municipal
-
-
-
9 480
total
-
-
-
20 364
Employee
193 200
193 200
193 200
-
labour market
15 434
15 434
15 434
-
municipal
41 141
41 141
41 141
-
national
23 603
23 603
23 603
-
pensions
275
275
275
-
total
80 453
80 453
80 453
-
Employer
193 200
193 200
193 200
-
national
23 644
23 644
23 644
-
labour market
15 456
15 456
15 456
-
pensions
549
549
549
-
municipal
41 206
41 206
41 206
-
total
80 855
80 855
80 855
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
161 308
161 308
161 308
20 364
After tax
-103 808
-103 808
-103 808
37 136
Living cost
45 774
45 774
45 774
45 774
Free-cash
-149 582
-149 582
-149 582
-8 638

Estimated living cost  is ₽45774 per week

₽31328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9526
-₽16052
₽18998
₽1483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
11 139
pensions
-
-
-
3 975
total
-
-
-
17 793
Employee
32 577
-
47 765
-
income
4 469
-
6 682
-
pensions
3 668
-
5 379
-
health
3 730
-
5 469
-
total
11 867
-
17 530
-
Employer
32 577
-
47 765
-
unemployment
798
-
1 170
-
accident
544
-
798
-
pensions
5 297
-
7 767
-
total
6 639
-
9 735
-
Corporate
18 284
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.

16 455
51 750
-
-
total
16 455
51 750
-
-
Dividends
1 829
5 750
-
-
withholding
347
1 093
-
-
total
347
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 308
52 843
27 265
17 793
After tax
22 192
4 657
30 235
39 707
Living cost
20 709
20 709
20 709
20 709
Free-cash
1 483
-16 052
9 526
18 998

Estimated living cost  is ₽20709 per week

₽15074
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
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.
₽4066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1175
₽3078
₽7639
-₽2034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
488
national
-
-
-
2 562
municipal
-
-
-
10 263
total
-
-
-
13 313
Employee
50 084
-
48 372
-
municipal
8 203
-
7 927
-
national
827
-
735
-
pensions
3 380
-
3 264
-
health
374
-
347
-
unemployment
752
-
726
-
total
13 536
-
12 999
-
Employer
50 084
-
48 372
-
unemployment
325
-
314
-
health
385
-
372
-
accident
51
-
49
-
pensions
8 689
-
8 393
-
total
9 450
-
9 128
-
Corporate
-
57 500
-
-
income
-
11 500
-
-
total
-
11 500
-
-
Dividends

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

-
34 500
-
-
national
-
163
-
-
municipal
-
6 211
-
-
total
-
6 374
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 986
17 874
22 127
13 313
After tax
34 514
39 626
35 373
44 187
Living cost
36 548
36 548
36 548
36 548
Free-cash
-2 034
3 078
-1 175
7 639

Estimated living cost  is ₽36548 per week

₽23873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17538
₽13934
₽22656
₽15086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 969
health
-
-
-
1 467
income
-
-
-
2 368
total
-
-
-
12 804
Employee
73 200
73 200
73 200
-
social contributions
2 768
6 075
4 332
-
income
7 970
6 776
7 405
-
health
567
1 245
887
-
total
11 305
14 096
12 624
-
Employer
73 200
73 200
73 200
-
health
616
1 355
966
-
social contributions
2 768
6 075
4 332
-
total
3 384
7 430
5 298
-
Corporate
20 771
-
-
-
income
2 596
-
-
-
total
2 596
-
-
-
Dividends
18 175
-
-
-
withholding
3 089
-
-
-
total
3 089
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 374
21 526
17 922
12 804
After tax
37 126
35 974
39 578
44 696
Living cost
22 040
22 040
22 040
22 040
Free-cash
15 086
13 934
17 538
22 656

Estimated living cost  is ₽22040 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20485
₽32500
₽27918
₽27661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 445
income
-
-
-
4 941
pensions
-
-
-
6 055
unemployment
-
-
-
27
total
-
-
-
14 468
Employee

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

21 850
-
52 131
-
income
1 494
-
4 021
-
pensions
3 277
-
7 820
-
health
1 857
-
4 431
-
unemployment
108
-
260
-
total
6 736
-
16 532
-
Employer

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

21 850
-
52 131
-
unemployment
108
-
260
-
health
939
-
2 242
-
pensions
1 201
-
2 867
-
total
2 248
-
5 369
-
Corporate
33 401
57 500
-
-
income
3 006
5 176
-
-
total
3 006
5 176
-
-
Dividends
30 395
52 324
-
-
withholding
2 735
4 710
-
-
total
2 735
4 710
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 725
9 886
21 901
14 468
After tax
42 775
47 614
35 599
43 032
Living cost
15 114
15 114
15 114
15 114
Free-cash
27 661
32 500
20 485
27 918

Estimated living cost  is ₽15114 per week

₽9643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5719
₽12651
₽5311
₽7630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
58
accident
-
-
-
517
income
-
-
-
8 761
pensions
-
-
-
16 273
unemployment
-
-
-
403
total
-
-
-
26 012
Employee
35 199
-
43 601
-
income
6 786
-
8 936
-
other
34
-
43
-
pensions
1 655
-
2 049
-
unemployment
546
-
676
-
total
9 021
-
11 704
-
Employer
35 199
-
43 601
-
other
282
-
349
-
unemployment
1 937
-
2 397
-
accident
697
-
864
-
pensions
8 306
-
10 290
-
total
11 222
-
13 900
-
Corporate
11 079
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.

1 662
8 624
-
-
total
1 662
8 624
-
-
Dividends
9 417
48 876
-
-
withholding
1 788
10 048
-
-
total
1 788
10 048
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 693
18 672
25 604
26 012
After tax
33 807
38 828
31 896
31 488
Living cost
26 177
26 177
26 177
26 177
Free-cash
7 630
12 651
5 719
5 311

Estimated living cost  is ₽26177 per week

₽17669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
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.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34456
₽34120
₽34581
₽33829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
931
income
-
-
-
18 944
pensions
-
-
-
1 284
total
-
-
-
21 159
Employee
2 681
-
56 056
-
income
519
-
18 877
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
921
-
19 840
-
Employer
2 681
-
56 056
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
54 216
57 500
-
-
income
11 928
12 650
-
-
total
11 928
12 650
-
-
Dividends
42 289
44 850
-
-
withholding
8 458
8 970
-
-
total
8 458
8 970
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 911
21 620
21 284
21 159
After tax
35 589
35 880
36 216
36 341
Living cost
1 760
1 760
1 760
1 760
Free-cash
33 829
34 120
34 456
34 581

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14411
₽25111
₽11937
₽20435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 395
pensions
-
-
-
14 950
unemployment
-
-
-
862
total
-
-
-
29 130
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.

24 780
-
48 770
-
income
3 416
-
8 220
-
pensions
3 469
-
6 828
-
health
1 276
-
2 512
-
unemployment
186
-
366
-
total
8 347
-
17 926
-
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.

24 780
-
48 770
-
unemployment
186
-
366
-
health
1 276
-
2 512
-
pensions
2 974
-
5 852
-
total
4 436
-
8 730
-
Corporate
28 285
57 500
-
-
income
4 243
8 625
-
-
total
4 243
8 625
-
-
Dividends
24 042
48 875
-
-
withholding
3 606
7 331
-
-
total
3 606
7 331
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 632
15 956
26 656
29 130
After tax
36 868
41 544
30 844
28 370
Living cost
16 433
16 433
16 433
16 433
Free-cash
20 435
25 111
14 411
11 937

Estimated living cost  is ₽16433 per week

₽11064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5746
₽7041
₽7410
₽6700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 444
surtax
-
-
-
-
total
-
-
-
24 426
Employee
36 947
-
46 464
-
surtax
-
-
-
-
social contributions
4 065
-
5 111
-
income
7 219
-
9 943
-
total
11 284
-
15 054
-
Employer
36 947
-
46 464
-
social contributions
8 774
-
11 036
-
total
8 774
-
11 036
-
Corporate
11 779
57 500
-
-
surtax
-
-
-
-
income
2 473
12 075
-
-
total
2 473
12 075
-
-
Dividends
9 306
45 425
-
-
withholding
2 605
12 720
-
-
total
2 605
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 136
24 795
26 090
24 426
After tax
32 364
32 705
31 410
33 074
Living cost
25 664
25 664
25 664
25 664
Free-cash
6 700
7 041
5 746
7 410

Estimated living cost  is ₽25664 per week

₽18177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1560
₽5372
-₽1968
-₽3134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
58
accident
-
-
-
517
income
-
-
-
8 761
pensions
-
-
-
16 273
unemployment
-
-
-
403
total
-
-
-
26 012
Employee
45 975
-
43 601
-
income
9 602
-
8 936
-
other
45
-
43
-
pensions
2 161
-
2 049
-
unemployment
712
-
676
-
total
12 520
-
11 704
-
Employer
45 975
-
43 601
-
other
369
-
349
-
unemployment
2 529
-
2 397
-
accident
910
-
864
-
pensions
10 850
-
10 290
-
total
14 658
-
13 900
-
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.

-
8 624
-
-
total
-
8 624
-
-
Dividends
-
48 876
-
-
withholding
-
10 048
-
-
total
-
10 048
-
-
Income
57 500
57 500
57 500
57 500
Total tax
27 178
18 672
25 604
26 012
After tax
30 322
38 828
31 896
31 488
Living cost
33 456
33 456
33 456
33 456
Free-cash
-3 134
5 372
-1 560
-1 968

Estimated living cost  is ₽33456 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24956
₽32950
₽23872
₽27205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 786
income
-
-
-
8 625
pensions

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

-
-
-
4 872
unemployment
-
-
-
132
total
-
-
-
17 415
Employee
21 469
-
51 041
-
income
2 147
-
5 104
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 514
-
total
5 256
-
9 871
-
Employer
21 469
-
51 041
-
unemployment
129
-
198
-
health
1 481
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 212
-
6 460
-
Corporate
31 819
57 500
-
-
income
3 182
5 750
-
-
total
3 182
5 750
-
-
Dividends
28 637
51 750
-
-
withholding
1 432
2 587
-
-
total
1 432
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 082
8 337
16 331
17 415
After tax
43 418
49 163
41 169
40 085
Living cost
16 213
16 213
16 213
16 213
Free-cash
27 205
32 950
24 956
23 872

Estimated living cost  is ₽16213 per week

₽10723
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.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7057
-₽6979
₽5157
₽5474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 503
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.

-
-
-
6 814
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.

-
-
-
374
trade
-
-
-
1 900
total
-
-
-
15 591
Employee

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

47 365
-
57 500
-
surtax

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

215
-
374
-
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.

3 895
-
6 814
-
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.

6 503
-
6 503
-
total
10 613
-
13 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 135
57 500
-
-
chamber of commerce
159
229
-
-
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.

83
475
-
-
trade
1 454
8 252
-
-
income
1 521
8 624
-
-
total
3 217
17 580
-
-
Dividends
6 917
39 919
-
-
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.

76
529
-
-
withholding
1 368
9 618
-
-
total
1 444
10 147
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 274
27 727
13 691
15 591
After tax
42 226
29 773
43 809
41 909
Living cost
36 752
36 752
36 752
36 752
Free-cash
5 474
-6 979
7 057
5 157

Estimated living cost  is ₽36752 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9565
-₽13977
-₽9565
-₽16964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 519
social contributions
-
-
-
4 319
total
-
-
-
12 838
Employee
74 463
-
57 500
-
income
14 051
-
8 519
-
social contributions
6 186
-
4 319
-
total
20 237
-
12 838
-
Employer
74 463
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
income
-
7 188
-
-
total
-
7 188
-
-
Dividends
-
50 312
-
-
withholding
-
10 062
-
-
total
-
10 062
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 237
17 250
12 838
12 838
After tax
37 263
40 250
44 662
44 662
Living cost
54 227
54 227
54 227
54 227
Free-cash
-16 964
-13 977
-9 565
-9 565

Estimated living cost  is ₽54227 per week

₽41255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7086
-₽2209
-₽10033
₽3305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 097
health

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

-
-
-
5 880
total
-
-
-
32 977
Employee
43 670
-
53 121
-
income
4 738
-
7 100
-
social contributions
4 375
-
4 379
-
total
9 113
-
11 479
-
Employer
43 670
-
53 121
-
social contributions
4 375
-
4 379
-
total
4 375
-
4 379
-
Corporate
9 455
57 500
-
-
income
3 309
20 124
-
-
total
3 309
20 124
-
-
Dividends
6 146
37 376
-
-
social contributions
2 842
5 029
-
-
total
2 842
5 029
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 639
25 153
15 858
32 977
After tax
37 861
32 347
41 642
24 523
Living cost
34 556
34 556
34 556
34 556
Free-cash
3 305
-2 209
7 086
-10 033

Estimated living cost  is ₽34556 per week

₽22762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
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.
₽8539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2313
₽8211
₽8244
₽2916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 778
pensions
-
-
-
3 608
total
-
-
-
14 386
Employee
47 865
-
51 227
-
income
8 717
-
9 295
-
health
624
-
693
-
pensions
3 653
-
4 056
-
total
12 994
-
14 044
-
Employer
47 865
-
51 227
-
health
910
-
974
-
pensions
4 836
-
5 299
-
total
5 746
-
6 273
-
Corporate
3 890
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.

738
10 925
-
-
total
738
10 925
-
-
Dividends
3 152
46 575
-
-
withholding
236
3 494
-
-
total
236
3 494
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 714
14 419
20 317
14 386
After tax
37 786
43 081
37 183
43 114
Living cost
34 870
34 870
34 870
34 870
Free-cash
2 916
8 211
2 313
8 244

Estimated living cost  is ₽34870 per week

₽23921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3207
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.
₽7304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7476
-₽18102
₽16948
₽1167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
11 139
pensions
-
-
-
3 975
total
-
-
-
17 793
Employee
35 802
-
47 765
-
income
4 912
-
6 682
-
pensions
4 031
-
5 379
-
health
4 099
-
5 469
-
total
13 042
-
17 530
-
Employer
35 802
-
47 765
-
unemployment
877
-
1 170
-
accident
598
-
798
-
pensions
5 821
-
7 767
-
total
7 296
-
9 735
-
Corporate
14 402
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.

12 962
51 750
-
-
total
12 962
51 750
-
-
Dividends
1 440
5 750
-
-
withholding
274
1 093
-
-
total
274
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
33 574
52 843
27 265
17 793
After tax
23 926
4 657
30 235
39 707
Living cost
22 760
22 760
22 760
22 760
Free-cash
1 167
-18 102
7 476
16 948

Estimated living cost  is ₽22760 per week

₽16703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽21032
₽36038
₽21032
₽31417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 818
health insurance
-
-
-
4 255
work injury
-
-
-
288
pensions
-
-
-
10 580
unemployment
-
-
-
690
total
-
-
-
23 631
Employee

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

20 539
-
57 500
-
income
2 054
-
7 818
-
work injury
103
-
288
-
health insurance
1 520
-
4 255
-
pensions
3 779
-
10 580
-
unemployment
246
-
690
-
total
7 702
-
23 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 961
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
36 961
57 500
-
-
withholding
5 544
8 625
-
-
total
5 544
8 625
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 246
8 625
23 631
23 631
After tax
44 254
48 875
33 869
33 869
Living cost
12 837
12 837
12 837
12 837
Free-cash
31 417
36 038
21 032
21 032

Estimated living cost  is ₽12837 per week

₽7953
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.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10130
-₽7636
-₽6942
-₽22718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 790
national
-
-
-
10 449
regional
-
-
-
895
municipal
-
-
-
385
total
-
-
-
26 519
Employee
80 217
-
57 500
-
social contributions
27 049
-
19 389
-
municipal
479
-
343
-
national
13 556
-
9 206
-
regional
1 211
-
769
-
total
42 295
-
29 707
-
Employer
80 217
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
nationa
-
13 800
-
-
municipal
-
2 771
-
-
total
-
16 571
-
-
Dividends
-
40 929
-
-
withholding
-
10 642
-
-
total
-
10 642
-
-
Income
57 500
57 500
57 500
57 500
Total tax
42 295
27 213
29 707
26 519
After tax
15 205
30 287
27 793
30 981
Living cost
37 923
37 923
37 923
37 923
Free-cash
-22 718
-7 636
-10 130
-6 942

Estimated living cost  is ₽37923 per week

₽26639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close