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
-₽1265
₽13587
₽11896
₽9857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 235
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.

-
-
-
344
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.

-
-
-
6 871
trade
-
-
-
1 691
total
-
-
-
15 141
Employee

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

38 468
-
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.

59
-
344
-
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.

1 075
-
6 235
-
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.

6 871
-
6 871
-
total
8 005
-
13 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 032
57 500
-
-
income
2 855
8 625
-
-
surtax

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

157
475
-
-
chamber of commerce
179
235
-
-
trade
2 998
9 056
-
-
total
6 189
18 391
-
-
Dividends
12 843
39 109
-
-
surtax

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

157
517
-
-
withholding
2 829
9 394
-
-
total
2 986
9 911
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 180
28 302
13 450
15 141
After tax
40 320
29 198
44 050
42 359
Living cost
30 463
30 463
30 463
30 463
Free-cash
9 857
-1 265
13 587
11 896

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17531
-₽16724
-₽17176
-₽32811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
618
municipal
-
-
-
5 392
national
-
-
-
8 355
pensions
-
-
-
6 900
total
-
-
-
21 265
Employee
82 797
-
49 708
-
municipal
10 227
-
5 614
-
pensions
3 312
-
1 988
-
national
15 847
-
8 700
-
total
29 386
-
16 302
-
Employer
82 797
-
49 708
-
pensions
6 624
-
3 977
-
social contributions
890
-
534
-
total
7 514
-
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
36 900
21 620
20 813
21 265
After tax
20 600
35 880
36 687
36 235
Living cost
53 411
53 411
53 411
53 411
Free-cash
-32 811
-17 531
-16 724
-17 176

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25077
₽11975
₽24785
₽16826
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
3 166
microenterprise
-
-
-
8 625
total
-
-
-
11 791
Employee
29 388
-
46 337
-
surtax
-
-
-
-
social contributions

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

3 233
-
5 098
-
income
5 231
-
8 340
-
total
8 464
-
13 438
-
Employer
29 388
-
46 337
-
social contributions

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

7 079
-
11 163
-
surtax
-
-
-
-
total
7 079
-
11 163
-
Corporate
21 033
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%.

4 207
11 499
-
-
total
4 207
11 499
-
-
Dividends

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

16 826
46 001
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 750
11 499
24 601
11 791
After tax
37 750
46 001
32 899
45 709
Living cost
20 924
20 924
20 924
20 924
Free-cash
16 826
25 077
11 975
24 785

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36727
-₽42373
-₽9251
-₽42373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 444
health
-
-
-
8 825
pensions
-
-
-
10 350
total
-
-
-
24 619
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
57 741
52 095
57 741
24 619
After tax
-241
5 405
-241
32 881
Living cost
42 132
42 132
42 132
42 132
Free-cash
-42 373
-36 727
-42 373
-9 251

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9811
-₽10501
-₽12543
-₽19663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
115
other
-
-
-
6 681
unemployment
-
-
-
58
health
-
-
-
3 588
municipal
-
-
-
12 179
national
-
-
-
-
pensions
-
-
-
6 216
total
-
-
-
28 837
Employee
58 715
-
43 753
-
municipal
17 509
-
13 047
-
national
-
-
-
-
total
17 509
-
13 047
-
Employer
58 715
-
43 753
-
health
3 611
-
2 691
-
pensions
6 347
-
4 730
-
accident
117
-
88
-
unemployment
1 550
-
1 155
-
other
6 823
-
5 084
-
total
18 448
-
13 748
-
Corporate
-
57 500
-
-
income
-
12 650
-
-
total
-
12 650
-
-
Dividends
-
44 850
-
-
withholding
-
13 455
-
-
total
-
13 455
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 957
26 105
26 795
28 837
After tax
21 543
31 395
30 705
28 663
Living cost
41 206
41 206
41 206
41 206
Free-cash
-19 663
-9 811
-10 501
-12 543

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10611
₽4540
₽2773
₽3522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 235
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.

-
-
-
344
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.

-
-
-
6 871
trade
-
-
-
1 767
total
-
-
-
15 217
Employee

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

51 004
-
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.

240
-
344
-
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.

4 382
-
6 235
-
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.

6 871
-
6 871
-
total
11 493
-
13 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 496
57 500
-
-
income
975
8 625
-
-
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.

53
475
-
-
chamber of commerce
162
235
-
-
trade
1 069
9 459
-
-
total
2 259
18 794
-
-
Dividends
4 237
38 706
-
-
surtax

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

38
512
-
-
withholding
678
9 295
-
-
total
716
9 807
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 468
28 601
13 450
15 217
After tax
43 032
28 899
44 050
42 283
Living cost
39 510
39 510
39 510
39 510
Free-cash
3 522
-10 611
4 540
2 773

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2136
₽6447
₽12473
₽5545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 970
social contributions
-
-
-
8 970
health
-
-
-
1 466
total
-
-
-
12 406
Employee
77 337
77 337
77 337
-
social contributions
3 758
6 419
4 333
-
income
8 121
7 159
7 913
-
health
769
1 315
887
-
total
12 648
14 893
13 133
-
Employer
77 337
77 337
77 337
-
health
838
1 431
966
-
social contributions
3 758
6 419
4 333
-
total
4 596
7 850
5 299
-
Corporate
7 634
-
-
-
income
954
-
-
-
total
954
-
-
-
Dividends
6 680
-
-
-
withholding
1 136
-
-
-
total
1 136
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 334
22 743
18 432
12 406
After tax
38 166
34 757
39 068
45 094
Living cost
32 621
32 621
32 621
32 621
Free-cash
5 545
2 136
6 447
12 473

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14100
₽14878
₽21379
₽14484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 029
unemployment
-
-
-
862
health
-
-
-
4 025
pensions
-
-
-
5 750
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.

26 641
10 603
48 117
-
unemployment
400
159
722
-
pensions
2 664
1 060
4 812
-
income
3 257
1 296
5 882
-
health
1 865
742
3 368
-
total
8 186
3 257
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.

26 641
10 603
48 117
-
pensions
5 195
2 068
9 383
-
total
5 195
2 068
9 383
-
Corporate
25 664
44 830
-
-
income
2 310
4 035
-
-
total
2 310
4 035
-
-
Dividends
23 355
40 795
-
-
social contributions
4 433
7 834
-
-
withholding
4 437
7 751
-
-
total
8 870
15 585
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 561
24 945
24 167
17 666
After tax
32 939
32 555
33 333
39 834
Living cost
18 455
18 455
18 455
18 455
Free-cash
14 484
14 100
14 878
21 379

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21708
₽9591
₽7592
₽15460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 642
health
-
-
-
7 474
pensions
-
-
-
11 499
total
-
-
-
25 615
Employee
28 531
-
42 974
-
unemployment
456
-
687
-
pensions
571
-
859
-
income
3 212
-
7 545
-
total
4 239
-
9 091
-
Employer
28 531
-
42 974
-
health
3 708
-
5 586
-
pensions
5 707
-
8 596
-
unemployment
229
-
344
-
total
9 644
-
14 526
-
Corporate
19 324
57 500
-
-
income
3 865
11 499
-
-
total
3 865
11 499
-
-
Dividends
15 459
46 001
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 748
11 499
23 617
25 615
After tax
39 752
46 001
33 883
31 885
Living cost
24 292
24 292
24 292
24 292
Free-cash
15 460
21 708
9 591
7 592

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17743
₽7965
₽17347
₽1221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
257
income
-
-
-
10 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
17 753
Employee
35 237
-
47 765
-
pensions
3 968
-
5 378
-
income
4 834
-
6 553
-
health
4 035
-
5 469
-
total
12 837
-
17 400
-
Employer
35 237
-
47 765
-
pensions
5 730
-
7 767
-
accident
588
-
798
-
unemployment
863
-
1 170
-
total
7 181
-
9 735
-
Corporate
15 082
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.

13 574
51 750
-
-
total
13 574
51 750
-
-
Dividends
1 508
5 750
-
-
withholding
287
1 093
-
-
total
287
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
33 879
52 843
27 135
17 753
After tax
23 621
4 657
30 365
39 747
Living cost
22 400
22 400
22 400
22 400
Free-cash
1 221
-17 743
7 965
17 347

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46485
₽37860
₽48785
₽44958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
57 500
-
income
2 035
-
11 500
-
total
2 035
-
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%.

47 326
57 500
-
-
total
-
-
-
-
Dividends
47 326
57 500
-
-
withholding
2 367
2 875
-
-
total
2 367
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
4 402
2 875
11 500
575
After tax
53 098
54 625
46 000
56 925
Living cost
8 140
8 140
8 140
8 140
Free-cash
44 958
46 485
37 860
48 785

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15445
₽6906
₽4336
₽8651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 302
other
-
-
-
2 731
health
-
-
-
2 531
pensions

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

-
-
-
13 801
total
-
-
-
26 365
Employee
36 518
-
45 924
-
unemployment
365
-
460
-
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.

2 556
-
3 214
-
income
6 287
-
7 905
-
health
512
-
643
-
total
9 720
-
12 222
-
Employer
36 518
-
45 924
-
health
512
-
643
-
pensions

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

6 209
-
7 808
-
accident
292
-
366
-
unemployment
365
-
460
-
other
1 827
-
2 296
-
total
9 205
-
11 573
-
Corporate
11 779
57 500
-
-
income
2 474
12 076
-
-
total
2 474
12 076
-
-
Dividends
9 306
45 424
-
-
withholding
651
3 180
-
-
total
651
3 180
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 050
15 256
23 795
26 365
After tax
35 450
42 244
33 705
31 135
Living cost
26 799
26 799
26 799
26 799
Free-cash
8 651
15 445
6 906
4 336

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23778
-₽29482
-₽23663
-₽50062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 799
pensions
-
-
-
3 505
total
-
-
-
14 304
Employee
94 595
-
51 327
-
pensions
9 126
-
3 934
-
income
17 052
-
9 344
-
health
1 559
-
672
-
total
27 737
-
13 950
-
Employer
94 595
-
51 327
-
health
1 797
-
975
-
pensions
11 169
-
5 198
-
total
12 966
-
6 173
-
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
40 703
14 419
20 123
14 304
After tax
16 797
43 081
37 377
43 196
Living cost
66 859
66 859
66 859
66 859
Free-cash
-50 062
-23 778
-29 482
-23 663

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35957
₽27239
₽26277
₽31277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 625
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
18 018
Employee
17 485
-
50 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
5 060
-
health
804
-
1 618
-
total
4 280
-
10 154
-
Employer
17 485
-
50 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
36 584
57 500
-
-
income
3 659
5 750
-
-
total
3 659
5 750
-
-
Dividends
32 926
51 750
-
-
withholding
1 647
2 588
-
-
total
1 647
2 588
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 018
8 338
17 056
18 018
After tax
44 482
49 162
40 444
39 482
Living cost
13 205
13 205
13 205
13 205
Free-cash
31 277
35 957
27 239
26 277

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50365
-₽56011
-₽22889
-₽52071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 444
health
-
-
-
8 825
pensions
-
-
-
10 350
total
-
-
-
24 619
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
53 801
52 095
57 741
24 619
After tax
3 699
5 405
-241
32 881
Living cost
55 770
55 770
55 770
55 770
Free-cash
-52 071
-50 365
-56 011
-22 889

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14596
₽4186
₽3013
₽5679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 942
social contributions
-
-
-
16 790
solidarity contribution
-
-
-
-
health
-
-
-
7 762
total
-
-
-
29 494
Employee
36 754
-
42 910
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
2 789
-
income
4 411
-
5 149
-
health
4 962
-
5 793
-
total
11 762
-
13 731
-
Employer
36 754
-
42 910
-
health
3 308
-
3 862
-
social contributions
9 189
-
10 728
-
total
12 497
-
14 590
-
Corporate
8 249
57 500
-
-
income
1 567
10 925
-
-
total
1 567
10 925
-
-
Dividends
6 682
46 575
-
-
withholding
1 002
6 986
-
-
total
1 002
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 828
17 911
28 321
29 494
After tax
30 672
39 589
29 179
28 006
Living cost
24 993
24 993
24 993
24 993
Free-cash
5 679
14 596
4 186
3 013

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11761
-₽14278
-₽11033
-₽31884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
575
municipal
-
-
-
342
national
-
-
-
10 387
total
-
-
-
26 094
Employee
89 385
-
57 500
-
municipal
473
-
305
-
national
15 488
-
9 144
-
regional
843
-
501
-
social contributions
30 141
-
19 389
-
total
46 945
-
29 339
-
Employer
89 385
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 243
-
-
nationa
-
13 799
-
-
total
-
16 042
-
-
Dividends
-
41 458
-
-
withholding
-
10 780
-
-
total
-
10 780
-
-
Income
57 500
57 500
57 500
57 500
Total tax
46 945
26 822
29 339
26 094
After tax
10 555
30 678
28 161
31 406
Living cost
42 439
42 439
42 439
42 439
Free-cash
-31 884
-11 761
-14 278
-11 033

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13975
₽9091
₽10331
₽10842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 654
other
-
-
-
-
surtax
-
-
-
512
unemployment
-
-
-
229
health
-
-
-
4 082
pensions
-
-
-
11 499
total
-
-
-
24 976
Employee
33 259
-
47 501
-
other
-
-
-
-
unemployment
2 315
-
3 306
-
pensions
2 218
-
3 168
-
surtax
109
-
418
-
income
5 575
-
8 112
-
health
849
-
1 212
-
total
11 066
-
16 216
-
Employer
33 259
-
47 501
-
health
1 514
-
2 161
-
pensions
4 434
-
6 333
-
unemployment
1 054
-
1 506
-
other
-
-
-
-
total
7 002
-
10 000
-
Corporate
17 240
57 500
-
-
income
4 483
14 950
-
-
total
4 483
14 950
-
-
Dividends
12 757
42 550
-
-
withholding
1 914
6 382
-
-
total
1 914
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 465
21 332
26 216
24 976
After tax
33 035
36 168
31 284
32 524
Living cost
22 193
22 193
22 193
22 193
Free-cash
10 842
13 975
9 091
10 331

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2595
-₽8299
-₽2480
-₽13962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 799
pensions
-
-
-
3 505
total
-
-
-
14 304
Employee
63 395
-
51 327
-
pensions
5 381
-
3 934
-
income
11 418
-
9 344
-
health
920
-
672
-
total
17 719
-
13 950
-
Employer
63 395
-
51 327
-
health
1 204
-
975
-
pensions
6 863
-
5 198
-
total
8 067
-
6 173
-
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
25 786
14 419
20 123
14 304
After tax
31 714
43 081
37 377
43 196
Living cost
45 676
45 676
45 676
45 676
Free-cash
-13 962
-2 595
-8 299
-2 480

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽53453
-₽33855
-₽30927
-₽44713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 149
regional
-
-
-
1 217
health
-
-
-
260
city
-
-
-
604
national
-
-
-
162
pensions
-
-
-
5 290
total
-
-
-
8 682
Employee
93 322
-
51 466
-
unemployment
-
-
-
-
pensions
7 840
-
4 322
-
national
442
-
129
-
regional
3 056
-
1 020
-
city
1 002
-
553
-
health
211
-
117
-
total
12 551
-
6 141
-
Employer
93 322
-
51 466
-
health
211
-
117
-
pensions
7 840
-
4 322
-
unemployment
-
-
-
-
other

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

1 866
-
1 030
-
total
9 917
-
5 469
-
Corporate
-
57 500
-
-
regional
-
12 162
-
-
national
-
4 887
-
-
total
-
17 049
-
-
Dividends
-
40 451
-
-
withholding
-
14 159
-
-
total
-
14 159
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 468
31 208
11 610
8 682
After tax
35 032
26 292
45 890
48 818
Living cost
79 745
79 745
79 745
79 745
Free-cash
-44 713
-53 453
-33 855
-30 927

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17469
-₽2024
-₽3866
-₽2944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 235
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.

-
-
-
344
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.

-
-
-
6 871
trade
-
-
-
1 842
total
-
-
-
15 292
Employee

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

60 444
-
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.

391
-
344
-
income

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

7 108
-
6 235
-
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.

6 871
-
6 871
-
total
14 370
-
13 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
57 500
-
-
income
-
8 625
-
-
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.

-
475
-
-
chamber of commerce
-
233
-
-
trade
-
9 862
-
-
total
-
19 195
-
-
Dividends
-
38 305
-
-
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.

-
506
-
-
withholding
-
9 194
-
-
total
-
9 700
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 370
28 895
13 450
15 292
After tax
43 130
28 605
44 050
42 208
Living cost
46 074
46 074
46 074
46 074
Free-cash
-2 944
-17 469
-2 024
-3 866

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5430
₽568
₽53
₽509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 559
other
-
-
-
1 783
surtax
-
-
-
-
social contributions
-
-
-
1 638
health
-
-
-
498
pensions
-
-
-
16 559
total
-
-
-
23 037
Employee
43 044
-
43 815
-
pensions
4 867
-
4 955
-
surtax
-
-
-
-
social contributions
1 227
-
1 248
-
income
2 540
-
2 634
-
total
8 634
-
8 837
-
Employer
43 044
-
43 815
-
health
3 014
-
3 067
-
pensions
7 071
-
7 199
-
unemployment
1 743
-
1 775
-
social contributions
130
-
132
-
other
1 485
-
1 512
-
total
13 443
-
13 685
-
Corporate
1 013
57 500
-
-
income
284
16 101
-
-
surtax
-
-
-
-
total
284
16 101
-
-
Dividends
729
41 399
-
-
surtax
-
-
-
-
social contributions
126
7 121
-
-
withholding
94
5 298
-
-
total
220
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 581
28 520
22 522
23 037
After tax
34 919
28 980
34 978
34 463
Living cost
34 410
34 410
34 410
34 410
Free-cash
509
-5 430
568
53

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2021
₽3977
₽3462
₽3566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 559
other
-
-
-
1 783
surtax
-
-
-
-
social contributions
-
-
-
1 638
health
-
-
-
498
pensions
-
-
-
16 559
total
-
-
-
23 037
Employee
38 423
-
43 815
-
pensions
4 346
-
4 955
-
surtax
-
-
-
-
social contributions
1 096
-
1 248
-
income
1 981
-
2 634
-
total
7 423
-
8 837
-
Employer
38 423
-
43 815
-
health
2 689
-
3 067
-
pensions
6 314
-
7 199
-
unemployment
1 556
-
1 775
-
social contributions
115
-
132
-
other
1 326
-
1 512
-
total
12 000
-
13 685
-
Corporate
7 077
57 500
-
-
income
1 981
16 101
-
-
surtax
-
-
-
-
total
1 981
16 101
-
-
Dividends
5 096
41 399
-
-
surtax
-
-
-
-
social contributions
876
7 121
-
-
withholding
653
5 298
-
-
total
1 529
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 933
28 520
22 522
23 037
After tax
34 567
28 980
34 978
34 463
Living cost
31 001
31 001
31 001
31 001
Free-cash
3 566
-2 021
3 977
3 462

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13753
₽13153
₽15598
₽14275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 625
social contributions
-
-
-
7 936
health
-
-
-
4 014
total
-
-
-
20 575
Employee
34 101
-
57 500
-
social contributions
4 707
-
7 936
-
income
5 688
-
11 070
-
health
2 380
-
4 014
-
total
12 775
-
23 020
-
Employer
34 101
-
57 500
-
total
-
-
-
-
Corporate
23 399
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%.

1 170
2 874
-
-
total
1 170
2 874
-
-
Dividends
22 229
54 626
-
-
social contributions
3 067
7 539
-
-
withholding
3 334
8 194
-
-
health
1 552
3 813
-
-
total
7 953
19 546
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 898
22 420
23 020
20 575
After tax
35 602
35 080
34 480
36 925
Living cost
21 327
21 327
21 327
21 327
Free-cash
14 275
13 753
13 153
15 598

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2479
-₽13238
-₽3593
-₽8379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 020
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
231
health
-
-
-
4 399
pensions
-
-
-
10 637
total
-
-
-
25 654
Employee
50 263
40 080
44 499
-
other
502
401
445
-
unemployment
1 508
1 202
1 334
-
pensions
5 147
4 103
4 556
-
income
5 722
2 956
4 071
-
health
1 945
1 552
1 722
-
total
14 824
10 214
12 128
-
Employer
50 263
40 080
44 499
-
chamber of commerce
200
160
177
-
health
1 899
1 515
1 681
-
pensions
6 308
5 031
5 585
-
accident
653
521
578
-
unemployment
1 508
1 202
1 334
-
surtax
198
198
198
-
payroll
1 508
1 202
1 334
-
other
2 388
1 903
2 113
-
total
14 662
11 732
13 000
-
Corporate
3 817
5 685
40 681
-
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.

954
1 422
10 171
-
total
954
1 422
10 171
-
Dividends
-
4 264
-
-
withholding
-
1 172
-
-
total
-
1 172
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 440
24 540
35 299
25 654
After tax
27 060
32 960
22 201
31 846
Living cost
35 439
35 439
35 439
35 439
Free-cash
-8 379
-2 479
-13 238
-3 593

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
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.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4265
-₽11969
-₽5727
-₽35384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
3 052
social contributions
-
-
-
6 644
national
-
-
-
16 860
total
-
-
-
26 556
Employee

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

71 942
-
44 537
-
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.

626
-
387
-
communal

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

3 752
-
2 323
-
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.

5 396
-
3 340
-
national
22 118
-
11 693
-
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.

3 380
-
2 092
-
total
35 272
-
19 835
-
Employer

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

71 942
-
44 537
-
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.

4 424
-
2 739
-
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.

6 375
-
3 945
-
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.

935
-
578
-
unemployment

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

1 050
-
651
-
surtax
8 157
-
5 050
-
total
20 941
-
12 963
-
Corporate
-
57 500
-
-
income
-
11 499
-
-
surtax
-
229
-
-
total
-
11 728
-
-
Dividends
-
45 772
-
-
withholding

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

-
13 366
-
-
total
-
13 366
-
-
Income
57 500
57 500
57 500
57 500
Total tax
56 213
25 094
32 798
26 556
After tax
1 287
32 406
24 702
30 944
Living cost
36 671
36 671
36 671
36 671
Free-cash
-35 384
-4 265
-11 969
-5 727

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2518
-₽4238
-₽4646
-₽8523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 574
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 273
total
-
-
-
25 824
Employee
50 064
-
43 602
-
other
50
-
44
-
unemployment
777
-
676
-
pensions
2 353
-
2 050
-
income
10 563
-
8 748
-
total
13 743
-
11 518
-
Employer
50 064
-
43 602
-
pensions
11 814
-
10 289
-
accident
991
-
863
-
unemployment
2 754
-
2 397
-
other
399
-
349
-
total
15 958
-
13 898
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 035
-
-
total
-
10 035
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 701
18 660
25 416
25 824
After tax
27 799
38 840
32 084
31 676
Living cost
36 322
36 322
36 322
36 322
Free-cash
-8 523
2 518
-4 238
-4 646

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18534
-₽15445
-₽16596
-₽27763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
-
accident
-
-
-
517
income
-
-
-
2 369
surtax
-
-
-
3 042
health
-
-
-
4 313
pensions
-
-
-
9 199
total
-
-
-
19 440
Employee
76 164
-
51 362
-
pensions
6 092
-
4 109
-
surtax
4 668
-
3 147
-
income
7 357
-
2 609
-
health
3 390
-
2 286
-
total
21 507
-
12 151
-
Employer
76 164
-
51 362
-
health
2 323
-
1 567
-
pensions
6 092
-
4 109
-
accident
685
-
462
-
total
9 100
-
6 138
-
Corporate
-
57 500
-
-
communal
-
3 882
-
-
income
-
8 625
-
-
surtax
-
603
-
-
total
-
13 110
-
-
Dividends
-
44 390
-
-
income
-
1 609
-
-
withholding
-
6 659
-
-
total
-
8 268
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 607
21 378
18 289
19 440
After tax
26 893
36 122
39 211
38 060
Living cost
54 656
54 656
54 656
54 656
Free-cash
-27 763
-18 534
-15 445
-16 596

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13578
₽8694
₽9934
₽10376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 654
other
-
-
-
-
surtax
-
-
-
512
unemployment
-
-
-
229
health
-
-
-
4 082
pensions
-
-
-
11 499
total
-
-
-
24 976
Employee
33 870
-
47 501
-
other
-
-
-
-
unemployment
2 357
-
3 306
-
pensions
2 260
-
3 168
-
surtax
120
-
418
-
income
5 678
-
8 112
-
health
865
-
1 212
-
total
11 280
-
16 216
-
Employer
33 870
-
47 501
-
health
1 540
-
2 161
-
pensions
4 516
-
6 333
-
unemployment
1 075
-
1 506
-
other
-
-
-
-
total
7 131
-
10 000
-
Corporate
16 499
57 500
-
-
income
4 291
14 950
-
-
total
4 291
14 950
-
-
Dividends
12 209
42 550
-
-
withholding
1 832
6 382
-
-
total
1 832
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 534
21 332
26 216
24 976
After tax
32 966
36 168
31 284
32 524
Living cost
22 590
22 590
22 590
22 590
Free-cash
10 376
13 578
8 694
9 934

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3132
₽795
₽4021
₽897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
867
municipal
-
-
-
342
national
-
-
-
10 387
total
-
-
-
26 386
Employee
55 790
-
57 500
-
municipal
296
-
305
-
national
8 839
-
9 144
-
regional
751
-
774
-
social contributions
18 813
-
19 389
-
total
28 699
-
29 612
-
Employer
55 790
-
57 500
-
total
-
-
-
-
Corporate
1 710
57 500
-
-
municipal
86
2 857
-
-
nationa
410
13 799
-
-
total
496
16 656
-
-
Dividends
1 213
40 844
-
-
withholding
315
10 619
-
-
total
315
10 619
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 510
27 275
29 612
26 386
After tax
27 990
30 225
27 888
31 114
Living cost
27 093
27 093
27 093
27 093
Free-cash
897
3 132
795
4 021

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8791
-₽1619
-₽2792
-₽3190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 942
social contributions
-
-
-
16 790
solidarity contribution
-
-
-
-
health
-
-
-
7 762
total
-
-
-
29 494
Employee
45 291
-
42 910
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
2 789
-
income
5 435
-
5 149
-
health
6 114
-
5 793
-
total
14 493
-
13 731
-
Employer
45 291
-
42 910
-
health
4 076
-
3 862
-
social contributions
11 323
-
10 728
-
total
15 399
-
14 590
-
Corporate
-
57 500
-
-
income
-
10 925
-
-
total
-
10 925
-
-
Dividends
-
46 575
-
-
withholding
-
6 986
-
-
total
-
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 892
17 911
28 321
29 494
After tax
27 608
39 589
29 179
28 006
Living cost
30 798
30 798
30 798
30 798
Free-cash
-3 190
8 791
-1 619
-2 792

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽979
-₽9844
-₽43
-₽71
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 020
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
231
health
-
-
-
4 399
pensions
-
-
-
10 637
total
-
-
-
25 456
Employee
43 964
40 080
44 649
-
other
439
401
447
-
unemployment
1 319
1 202
1 340
-
pensions
4 502
4 103
4 573
-
income
3 916
2 956
4 113
-
health
1 701
1 552
1 727
-
total
11 877
10 214
12 200
-
Employer
43 964
40 080
44 649
-
chamber of commerce
176
160
179
-
health
1 662
1 515
1 687
-
pensions
5 518
5 031
5 604
-
accident
571
521
580
-
unemployment
1 319
1 202
1 340
-
surtax
-
-
-
-
payroll
1 319
1 202
1 340
-
other
2 088
1 903
2 120
-
total
12 653
11 534
12 850
-
Corporate
3 817
5 884
40 832
-
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.

954
1 472
10 207
-
total
954
1 472
10 207
-
Dividends
-
4 412
-
-
withholding
-
1 214
-
-
total
-
1 214
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 484
24 434
35 257
25 456
After tax
32 016
33 066
22 243
32 044
Living cost
32 087
32 087
32 087
32 087
Free-cash
-71
979
-9 844
-43

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41941
₽33316
₽44241
₽39563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
57 500
-
income
3 171
-
11 500
-
total
3 171
-
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%.

41 645
57 500
-
-
total
-
-
-
-
Dividends
41 645
57 500
-
-
withholding
2 082
2 875
-
-
total
2 082
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
5 253
2 875
11 500
575
After tax
52 247
54 625
46 000
56 925
Living cost
12 684
12 684
12 684
12 684
Free-cash
39 563
41 941
33 316
44 241

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12614
₽3001
₽4663
₽4200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 617
unemployment
-
-
-
86
health
-
-
-
5 657
pensions
-
-
-
10 501
total
-
-
-
25 861
Employee

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

44 474
-
49 753
-
unemployment
63
-
69
-
pensions
6 894
-
7 713
-
income
7 670
-
8 780
-
health
2 872
-
3 214
-
total
17 499
-
19 776
-
Employer

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

44 474
-
49 753
-
health
2 962
-
3 313
-
pensions
3 936
-
4 403
-
unemployment
27
-
31
-
total
6 925
-
7 747
-
Corporate
6 101
57 500
-
-
income
1 159
10 925
-
-
total
1 159
10 925
-
-
Dividends
4 943
46 575
-
-
withholding
741
6 985
-
-
total
741
6 985
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 324
17 910
27 523
25 861
After tax
31 176
39 590
29 977
31 639
Living cost
26 976
26 976
26 976
26 976
Free-cash
4 200
12 614
3 001
4 663

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9020
₽81
-₽4266
-₽94557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 208
social contributions
-
-
-
6 555
total
-
-
-
17 763
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
22 517
13 416
17 763
After tax
-50 554
34 983
44 084
39 737
Living cost
44 003
44 003
44 003
44 003
Free-cash
-94 557
-9 020
81
-4 266

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1158
₽121
₽1650
₽147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 322
surtax
-
-
-
-
social contributions

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

-
-
-
19 981
total
-
-
-
24 303
Employee
46 257
-
46 465
-
surtax
-
-
-
-
social contributions
5 088
-
5 111
-
income
9 622
-
9 686
-
total
14 710
-
14 797
-
Employer
46 257
-
46 465
-
social contributions
10 986
-
11 035
-
total
10 986
-
11 035
-
Corporate
258
57 500
-
-
income
53
12 076
-
-
surtax
-
-
-
-
total
53
12 076
-
-
Dividends
204
45 424
-
-
withholding
57
12 719
-
-
total
57
12 719
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 806
24 795
25 832
24 303
After tax
31 694
32 705
31 668
33 197
Living cost
31 547
31 547
31 547
31 547
Free-cash
147
1 158
121
1 650

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19596
-₽13598
-₽14113
-₽25165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 559
other
-
-
-
1 783
surtax
-
-
-
-
social contributions
-
-
-
1 638
health
-
-
-
498
pensions
-
-
-
16 559
total
-
-
-
23 037
Employee
62 992
-
43 815
-
pensions
7 125
-
4 955
-
surtax
-
-
-
-
social contributions
1 794
-
1 248
-
income
5 496
-
2 634
-
total
14 415
-
8 837
-
Employer
62 992
-
43 815
-
health
4 409
-
3 067
-
pensions
10 350
-
7 199
-
unemployment
2 552
-
1 775
-
social contributions
189
-
132
-
other
2 174
-
1 512
-
total
19 674
-
13 685
-
Corporate
-
57 500
-
-
income
-
16 101
-
-
surtax
-
-
-
-
total
-
16 101
-
-
Dividends
-
41 399
-
-
surtax
-
-
-
-
social contributions
-
7 121
-
-
withholding
-
5 298
-
-
total
-
12 419
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 089
28 520
22 522
23 037
After tax
23 411
28 980
34 978
34 463
Living cost
48 576
48 576
48 576
48 576
Free-cash
-25 165
-19 596
-13 598
-14 113

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21517
₽16279
₽14618
₽18140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions
-
-
-
12 650
total
-
-
-
12 650
Employee
32 334
-
49 784
-
income
-
-
36
-
social contributions
2 101
-
3 237
-
total
2 101
-
3 273
-
Employer
32 334
-
49 784
-
social contributions
5 012
-
7 716
-
total
5 012
-
7 716
-
Corporate
20 154
57 500
-
-
income
2 015
5 751
-
-
total
2 015
5 751
-
-
Dividends
18 139
51 749
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
9 128
5 751
10 989
12 650
After tax
48 372
51 749
46 511
44 850
Living cost
30 232
30 232
30 232
30 232
Free-cash
18 140
21 517
16 279
14 618

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽161526
-₽161526
-₽11074
-₽161526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 530
municipal
-
-
-
9 317
national
-
-
-
5 442
pensions
-
-
-
871
total
-
-
-
20 160
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
170 612
170 612
170 612
20 160
After tax
-113 112
-113 112
-113 112
37 340
Living cost
48 414
48 414
48 414
48 414
Free-cash
-161 526
-161 526
-161 526
-11 074

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17413
₽8295
₽17677
₽1272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
257
income
-
-
-
10 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
17 753
Employee
34 717
-
47 765
-
pensions
3 909
-
5 378
-
income
4 763
-
6 553
-
health
3 975
-
5 469
-
total
12 647
-
17 400
-
Employer
34 717
-
47 765
-
pensions
5 645
-
7 767
-
accident
580
-
798
-
unemployment
851
-
1 170
-
total
7 076
-
9 735
-
Corporate
15 707
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.

14 137
51 750
-
-
total
14 137
51 750
-
-
Dividends
1 571
5 750
-
-
withholding
298
1 093
-
-
total
298
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 158
52 843
27 135
17 753
After tax
23 342
4 657
30 365
39 747
Living cost
22 070
22 070
22 070
22 070
Free-cash
1 272
-17 413
8 295
17 677

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1122
-₽3113
₽6000
-₽5398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
466
municipal
-
-
-
10 266
national
-
-
-
2 155
total
-
-
-
12 887
Employee
52 914
-
48 373
-
municipal
8 667
-
7 930
-
unemployment
794
-
725
-
pensions
3 571
-
3 266
-
national
874
-
628
-
health
395
-
324
-
total
14 301
-
12 873
-
Employer
52 914
-
48 373
-
health
407
-
372
-
pensions
9 180
-
8 392
-
accident
53
-
48
-
unemployment
344
-
315
-
total
9 984
-
9 127
-
Corporate
-
57 500
-
-
income
-
11 499
-
-
total
-
11 499
-
-
Dividends

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

-
34 501
-
-
municipal
-
6 211
-
-
national
-
55
-
-
total
-
6 266
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 285
17 765
22 000
12 887
After tax
33 215
39 735
35 500
44 613
Living cost
38 613
38 613
38 613
38 613
Free-cash
-5 398
1 122
-3 113
6 000

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11471
₽15782
₽21808
₽13578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 970
social contributions
-
-
-
8 970
health
-
-
-
1 466
total
-
-
-
12 406
Employee
77 337
77 337
77 337
-
social contributions
2 924
6 419
4 333
-
income
8 421
7 159
7 913
-
health
599
1 315
887
-
total
11 944
14 893
13 133
-
Employer
77 337
77 337
77 337
-
health
651
1 431
966
-
social contributions
2 924
6 419
4 333
-
total
3 575
7 850
5 299
-
Corporate
18 695
-
-
-
income
2 336
-
-
-
total
2 336
-
-
-
Dividends
16 359
-
-
-
withholding
2 781
-
-
-
total
2 781
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 636
22 743
18 432
12 406
After tax
36 864
34 757
39 068
45 094
Living cost
23 286
23 286
23 286
23 286
Free-cash
13 578
11 471
15 782
21 808

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31649
₽19648
₽26604
₽26531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 861
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
14 928
Employee

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

23 085
-
52 131
-
unemployment
115
-
261
-
pensions
3 462
-
7 820
-
income
1 578
-
4 002
-
health
1 962
-
4 432
-
total
7 117
-
16 515
-
Employer

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

23 085
-
52 131
-
health
992
-
2 241
-
pensions
1 269
-
2 867
-
unemployment
115
-
261
-
total
2 376
-
5 369
-
Corporate
32 038
57 500
-
-
income
2 884
5 174
-
-
total
2 884
5 174
-
-
Dividends
29 155
52 326
-
-
withholding
2 624
4 709
-
-
total
2 624
4 709
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 001
9 883
21 884
14 928
After tax
42 499
47 617
35 616
42 572
Living cost
15 968
15 968
15 968
15 968
Free-cash
26 531
31 649
19 648
26 604

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11183
₽4427
₽4019
₽5822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 574
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 273
total
-
-
-
25 824
Employee
37 188
-
43 602
-
other
36
-
44
-
unemployment
576
-
676
-
pensions
1 748
-
2 050
-
income
7 170
-
8 748
-
total
9 530
-
11 518
-
Employer
37 188
-
43 602
-
pensions
8 776
-
10 289
-
accident
737
-
863
-
unemployment
2 046
-
2 397
-
other
298
-
349
-
total
11 857
-
13 898
-
Corporate
8 455
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.

1 269
8 625
-
-
total
1 269
8 625
-
-
Dividends
7 186
48 875
-
-
withholding
1 365
10 035
-
-
total
1 365
10 035
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 021
18 660
25 416
25 824
After tax
33 479
38 840
32 084
31 676
Living cost
27 657
27 657
27 657
27 657
Free-cash
5 822
11 183
4 427
4 019

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33921
₽34126
₽34265
₽33600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 811
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
21 276
Employee
2 983
-
55 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
18 736
-
health
149
-
357
-
total
1 024
-
19 807
-
Employer
2 983
-
55 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
53 846
57 500
-
-
income
11 846
12 650
-
-
total
11 846
12 650
-
-
Dividends
42 000
44 850
-
-
withholding
8 400
8 970
-
-
total
8 400
8 970
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 941
21 620
21 415
21 276
After tax
35 559
35 880
36 085
36 224
Living cost
1 959
1 959
1 959
1 959
Free-cash
33 600
33 921
34 126
34 265

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24151
₽13542
₽11068
₽19201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 304
unemployment
-
-
-
862
health
-
-
-
5 923
pensions
-
-
-
14 950
total
-
-
-
29 039
Employee

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

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

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

26 227
-
48 770
-
unemployment
197
-
366
-
pensions
3 672
-
6 828
-
income
3 615
-
8 129
-
health
1 351
-
2 512
-
total
8 835
-
17 835
-
Employer

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

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

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

26 227
-
48 770
-
health
1 351
-
2 512
-
pensions
3 147
-
5 852
-
unemployment
197
-
366
-
total
4 695
-
8 730
-
Corporate
26 578
57 500
-
-
income
3 987
8 625
-
-
total
3 987
8 625
-
-
Dividends
22 591
48 875
-
-
withholding
3 389
7 331
-
-
total
3 389
7 331
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 906
15 956
26 565
29 039
After tax
36 594
41 544
30 935
28 461
Living cost
17 393
17 393
17 393
17 393
Free-cash
19 201
24 151
13 542
11 068

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5591
₽4554
₽6083
₽5229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
4 322
surtax
-
-
-
-
social contributions

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

-
-
-
19 981
total
-
-
-
24 303
Employee
39 035
-
46 465
-
surtax
-
-
-
-
social contributions
4 294
-
5 111
-
income
7 627
-
9 686
-
total
11 921
-
14 797
-
Employer
39 035
-
46 465
-
social contributions
9 270
-
11 035
-
total
9 270
-
11 035
-
Corporate
9 195
57 500
-
-
income
1 931
12 076
-
-
surtax
-
-
-
-
total
1 931
12 076
-
-
Dividends
7 263
45 424
-
-
withholding
2 035
12 719
-
-
total
2 035
12 719
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 157
24 795
25 832
24 303
After tax
32 343
32 705
31 668
33 197
Living cost
27 114
27 114
27 114
27 114
Free-cash
5 229
5 591
4 554
6 083

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3494
-₽3262
-₽3670
-₽6560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
517
income
-
-
-
8 574
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 273
total
-
-
-
25 824
Employee
48 573
-
43 602
-
other
48
-
44
-
unemployment
752
-
676
-
pensions
2 283
-
2 050
-
income
10 145
-
8 748
-
total
13 228
-
11 518
-
Employer
48 573
-
43 602
-
pensions
11 463
-
10 289
-
accident
962
-
863
-
unemployment
2 672
-
2 397
-
other
389
-
349
-
total
15 486
-
13 898
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 035
-
-
total
-
10 035
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 714
18 660
25 416
25 824
After tax
28 786
38 840
32 084
31 676
Living cost
35 346
35 346
35 346
35 346
Free-cash
-6 560
3 494
-3 262
-3 670

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31837
₽23119
₽22157
₽25701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 625
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
18 018
Employee
22 941
-
50 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
5 060
-
health
1 055
-
1 618
-
total
5 615
-
10 154
-
Employer
22 941
-
50 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
30 058
57 500
-
-
income
3 006
5 750
-
-
total
3 006
5 750
-
-
Dividends
27 052
51 750
-
-
withholding
1 352
2 588
-
-
total
1 352
2 588
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 474
8 338
17 056
18 018
After tax
43 026
49 162
40 444
39 482
Living cost
17 325
17 325
17 325
17 325
Free-cash
25 701
31 837
23 119
22 157

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9042
₽5221
₽3681
₽4118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 235
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.

-
-
-
344
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.

-
-
-
6 871
trade
-
-
-
1 540
total
-
-
-
14 990
Employee

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

50 042
-
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.

227
-
344
-
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.

4 115
-
6 235
-
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.

6 871
-
6 871
-
total
11 213
-
13 450
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 458
57 500
-
-
income
1 118
8 625
-
-
surtax

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

61
475
-
-
chamber of commerce
164
237
-
-
trade
1 071
8 251
-
-
total
2 414
17 588
-
-
Dividends
5 043
39 912
-
-
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.

48
529
-
-
withholding
878
9 596
-
-
total
926
10 125
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 553
27 713
13 450
14 990
After tax
42 947
29 787
44 050
42 510
Living cost
38 829
38 829
38 829
38 829
Free-cash
4 118
-9 042
5 221
3 681

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17042
-₽12349
-₽12349
-₽21173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 350
social contributions
-
-
-
4 207
total
-
-
-
12 557
Employee
78 672
-
57 500
-
income
14 845
-
8 350
-
social contributions
6 536
-
4 207
-
total
21 381
-
12 557
-
Employer
78 672
-
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
21 381
17 250
12 557
12 557
After tax
36 119
40 250
44 943
44 943
Living cost
57 292
57 292
57 292
57 292
Free-cash
-21 173
-17 042
-12 349
-12 349

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4447
₽5049
-₽13715
₽1378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
52 874
-
income
5 006
-
6 690
-
social contributions
4 623
-
4 626
-
total
9 629
-
11 316
-
Employer
46 138
-
52 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
6 740
57 500
-
-
income
2 359
20 124
-
-
total
2 359
20 124
-
-
Dividends
4 381
37 376
-
-
social contributions
3 002
5 314
-
-
total
3 002
5 314
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 613
25 438
15 942
34 706
After tax
37 887
32 062
41 558
22 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
1 378
-4 447
5 049
-13 715

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5948
₽244
₽6063
₽310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 799
pensions
-
-
-
3 505
total
-
-
-
14 304
Employee
50 971
-
51 327
-
pensions
3 890
-
3 934
-
income
9 282
-
9 344
-
health
665
-
672
-
total
13 837
-
13 950
-
Employer
50 971
-
51 327
-
health
969
-
975
-
pensions
5 150
-
5 198
-
total
6 119
-
6 173
-
Corporate
411
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.

77
10 925
-
-
total
77
10 925
-
-
Dividends
334
46 575
-
-
withholding
24
3 494
-
-
total
24
3 494
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 057
14 419
20 123
14 304
After tax
37 443
43 081
37 377
43 196
Living cost
37 133
37 133
37 133
37 133
Free-cash
310
5 948
244
6 063

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19598
₽6110
₽15492
₽937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
257
income
-
-
-
10 662
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
17 753
Employee
38 154
-
47 765
-
pensions
4 296
-
5 378
-
income
5 234
-
6 553
-
health
4 368
-
5 469
-
total
13 898
-
17 400
-
Employer
38 154
-
47 765
-
pensions
6 204
-
7 767
-
accident
637
-
798
-
unemployment
935
-
1 170
-
total
7 776
-
9 735
-
Corporate
11 571
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.

10 414
51 750
-
-
total
10 414
51 750
-
-
Dividends
1 157
5 750
-
-
withholding
220
1 093
-
-
total
220
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
32 308
52 843
27 135
17 753
After tax
25 192
4 657
30 365
39 747
Living cost
24 255
24 255
24 255
24 255
Free-cash
937
-19 598
6 110
15 492

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽35286
₽20429
₽20429
₽30394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 670
unemployment
-
-
-
690
work injury
-
-
-
287
health insurance
-
-
-
4 255
pensions
-
-
-
10 580
total
-
-
-
23 482
Employee

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

21 742
-
57 500
-
health insurance
1 609
-
4 255
-
unemployment
261
-
690
-
work injury
109
-
287
-
pensions
4 000
-
10 580
-
income
2 174
-
7 670
-
total
8 153
-
23 482
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 758
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
35 758
57 500
-
-
withholding
5 364
8 625
-
-
total
5 364
8 625
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 517
8 625
23 482
23 482
After tax
43 983
48 875
34 018
34 018
Living cost
13 589
13 589
13 589
13 589
Free-cash
30 394
35 286
20 429
20 429

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9779
-₽12199
-₽9007
-₽27252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
879
municipal
-
-
-
384
national
-
-
-
10 387
total
-
-
-
26 440
Employee
84 751
-
57 500
-
municipal
506
-
344
-
national
14 322
-
9 144
-
regional
1 280
-
755
-
social contributions
28 577
-
19 389
-
total
44 685
-
29 632
-
Employer
84 751
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 771
-
-
nationa
-
13 799
-
-
total
-
16 570
-
-
Dividends
-
40 930
-
-
withholding
-
10 642
-
-
total
-
10 642
-
-
Income
57 500
57 500
57 500
57 500
Total tax
44 685
27 212
29 632
26 440
After tax
12 815
30 288
27 868
31 060
Living cost
40 067
40 067
40 067
40 067
Free-cash
-27 252
-9 779
-12 199
-9 007

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
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.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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