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
-₽1576
₽9662
₽11702
₽13318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 616
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.

-
-
-
6 128
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.

-
-
-
6 941
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.

-
-
-
337
total
-
-
-
15 022
Employee

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

38 862
-
57 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
337
-
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.

1 086
-
6 128
-
total
8 087
-
13 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 638
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.

154
474
-
-
income
2 796
8 625
-
-
trade
2 935
9 057
-
-
chamber of commerce
181
237
-
-
total
6 066
18 393
-
-
Dividends
12 572
39 107
-
-
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.

152
517
-
-
withholding
2 757
9 390
-
-
total
2 909
9 907
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 062
28 300
13 406
15 022
After tax
40 438
29 200
44 094
42 478
Living cost
30 776
30 776
30 776
30 776
Free-cash
9 662
-1 576
13 318
11 702

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15387
-₽29185
-₽15167
-₽14715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
5 445
pensions
-
-
-
6 900
national
-
-
-
8 437
social contributions
-
-
-
618
total
-
-
-
21 400
Employee
79 474
-
49 708
-
municipal
9 816
-
5 667
-
pensions
3 179
-
1 988
-
national
15 211
-
8 782
-
total
28 206
-
16 437
-
Employer
79 474
-
49 708
-
social contributions
854
-
534
-
pensions
6 358
-
3 977
-
total
7 212
-
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
35 418
21 620
20 948
21 400
After tax
22 082
35 880
36 552
36 100
Living cost
51 267
51 267
51 267
51 267
Free-cash
-29 185
-15 387
-14 715
-15 167

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24862
₽16527
₽24538
₽11775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
8 625
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.

-
-
-
3 199
total
-
-
-
11 824
Employee
29 690
-
46 338
-
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.

3 266
-
5 098
-
surtax
-
-
-
-
income
5 285
-
8 327
-
total
8 551
-
13 425
-
Employer
29 690
-
46 338
-
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.

7 152
-
11 162
-
surtax
-
-
-
-
total
7 152
-
11 162
-
Corporate
20 659
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%.

4 132
11 500
-
-
total
4 132
11 500
-
-
Dividends

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

16 526
46 000
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 835
11 500
24 587
11 824
After tax
37 665
46 000
32 913
45 676
Living cost
21 138
21 138
21 138
21 138
Free-cash
16 527
24 862
11 775
24 538

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽37693
-₽43396
-₽9680
-₽43396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 439
pensions
-
-
-
10 350
health
-
-
-
8 827
total
-
-
-
24 616
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
58 332
52 629
58 332
24 616
After tax
-832
4 871
-832
32 884
Living cost
42 564
42 564
42 564
42 564
Free-cash
-43 396
-37 693
-43 396
-9 680

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7747
-₽15798
-₽10478
-₽8436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
12 179
accident
-
-
-
115
pensions
-
-
-
6 216
other
-
-
-
6 681
unemployment
-
-
-
57
health
-
-
-
3 588
national
-
-
-
-
total
-
-
-
28 836
Employee
55 773
-
43 753
-
municipal
16 632
-
13 047
-
national
-
-
-
-
total
16 632
-
13 047
-
Employer
55 773
-
43 753
-
accident
112
-
87
-
other
6 481
-
5 084
-
unemployment
1 472
-
1 155
-
pensions
6 029
-
4 730
-
health
3 430
-
2 691
-
total
17 524
-
13 747
-
Corporate
-
57 500
-
-
income
-
12 650
-
-
total
-
12 650
-
-
Dividends
-
44 850
-
-
withholding
-
13 455
-
-
total
-
13 455
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 156
26 105
26 794
28 836
After tax
23 344
31 395
30 706
28 664
Living cost
39 142
39 142
39 142
39 142
Free-cash
-15 798
-7 747
-8 436
-10 478

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽11010
₽3265
₽2492
₽4179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 687
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.

-
-
-
6 128
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.

-
-
-
6 941
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.

-
-
-
337
total
-
-
-
15 093
Employee

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

51 527
-
57 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
337
-
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.

4 427
-
6 128
-
total
11 611
-
13 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 973
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.

50
474
-
-
income
897
8 625
-
-
trade
983
9 460
-
-
chamber of commerce
162
235
-
-
total
2 092
18 794
-
-
Dividends
3 881
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.

33
511
-
-
withholding
584
9 290
-
-
total
617
9 801
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 320
28 595
13 406
15 093
After tax
43 180
28 905
44 094
42 407
Living cost
39 915
39 915
39 915
39 915
Free-cash
3 265
-11 010
4 179
2 492

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1568
₽5173
₽12216
₽6015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
1 893
health
-
-
-
1 465
social contributions
-
-
-
8 970
total
-
-
-
12 328
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 333
-
health
777
1 329
887
-
income
8 204
7 233
8 010
-
total
12 778
15 046
13 230
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 333
-
health
846
1 446
966
-
total
4 643
7 930
5 299
-
Corporate
7 123
-
-
-
income
891
-
-
-
total
891
-
-
-
Dividends
6 232
-
-
-
withholding
1 059
-
-
-
total
1 059
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 371
22 976
18 529
12 328
After tax
38 129
34 524
38 971
45 172
Living cost
32 956
32 956
32 956
32 956
Free-cash
5 173
1 568
6 015
12 216

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14152
₽14537
₽21432
₽14931
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 564
10 572
48 117
-
health
1 859
740
3 368
-
income
3 247
1 292
5 882
-
pensions
2 656
1 057
4 812
-
unemployment
398
159
722
-
total
8 160
3 248
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.

26 564
10 572
48 117
-
pensions
5 180
2 062
9 383
-
total
5 180
2 062
9 383
-
Corporate
25 756
44 866
-
-
income
2 318
4 038
-
-
total
2 318
4 038
-
-
Dividends
23 438
40 828
-
-
social contributions
4 450
7 841
-
-
withholding
4 453
7 757
-
-
total
8 903
15 598
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 561
24 946
24 167
17 666
After tax
32 939
32 554
33 333
39 834
Living cost
18 402
18 402
18 402
18 402
Free-cash
14 537
14 152
14 931
21 432

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21458
₽15146
₽7395
₽9398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 587
pensions
-
-
-
11 500
health
-
-
-
7 476
total
-
-
-
25 563
Employee
28 824
-
42 973
-
income
3 245
-
7 489
-
pensions
577
-
860
-
unemployment
461
-
688
-
total
4 283
-
9 037
-
Employer
28 824
-
42 973
-
unemployment
231
-
343
-
pensions
5 765
-
8 594
-
health
3 746
-
5 586
-
total
9 742
-
14 523
-
Corporate
18 933
57 500
-
-
income
3 787
11 500
-
-
total
3 787
11 500
-
-
Dividends
15 146
46 000
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 812
11 500
23 560
25 563
After tax
39 688
46 000
33 940
31 937
Living cost
24 542
24 542
24 542
24 542
Free-cash
15 146
21 458
9 398
7 395

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17533
₽1253
₽17549
₽8174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
10 735
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
17 761
Employee
34 905
-
47 765
-
health
3 997
-
5 469
-
income
4 789
-
6 553
-
pensions
3 930
-
5 379
-
total
12 716
-
17 401
-
Employer
34 905
-
47 765
-
accident
583
-
798
-
unemployment
855
-
1 170
-
pensions
5 676
-
7 767
-
total
7 114
-
9 735
-
Corporate
15 481
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.

13 933
51 750
-
-
total
13 933
51 750
-
-
Dividends
1 548
5 750
-
-
withholding
294
1 093
-
-
total
294
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 057
52 843
27 136
17 761
After tax
23 443
4 657
30 364
39 739
Living cost
22 190
22 190
22 190
22 190
Free-cash
1 253
-17 533
8 174
17 549

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45363
₽43627
₽47663
₽36738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
57 500
-
income
2 315
-
11 500
-
total
2 315
-
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%.

45 923
57 500
-
-
total
-
-
-
-
Dividends
45 923
57 500
-
-
withholding
2 296
2 875
-
-
total
2 296
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
4 611
2 875
11 500
575
After tax
52 889
54 625
46 000
56 925
Living cost
9 262
9 262
9 262
9 262
Free-cash
43 627
45 363
36 738
47 663

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15172
₽8310
₽4062
₽6629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 304
pensions

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

-
-
-
13 800
other
-
-
-
2 730
health
-
-
-
2 530
total
-
-
-
26 364
Employee
36 892
-
45 925
-
health
517
-
642
-
income
6 351
-
7 906
-
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.

2 582
-
3 216
-
unemployment
368
-
459
-
total
9 818
-
12 223
-
Employer
36 892
-
45 925
-
accident
295
-
368
-
other
1 845
-
2 296
-
unemployment
368
-
459
-
pensions

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

6 272
-
7 809
-
health
517
-
642
-
total
9 297
-
11 574
-
Corporate
11 310
57 500
-
-
income
2 376
12 074
-
-
total
2 376
12 074
-
-
Dividends
8 935
45 426
-
-
withholding
625
3 180
-
-
total
625
3 180
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 116
15 254
23 797
26 364
After tax
35 384
42 246
33 703
31 136
Living cost
27 074
27 074
27 074
27 074
Free-cash
8 310
15 172
6 629
4 062

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25316
-₽52536
-₽25169
-₽30946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 806
pensions
-
-
-
3 466
total
-
-
-
14 272
Employee
96 771
-
51 365
-
health
1 595
-
664
-
income
17 444
-
9 363
-
pensions
9 336
-
3 887
-
total
28 375
-
13 914
-
Employer
96 771
-
51 365
-
pensions
11 426
-
5 160
-
health
1 838
-
975
-
total
13 264
-
6 135
-
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.

-
10 926
-
-
total
-
10 926
-
-
Dividends
-
46 574
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
41 639
14 419
20 049
14 272
After tax
15 861
43 081
37 451
43 228
Living cost
68 397
68 397
68 397
68 397
Free-cash
-52 536
-25 316
-30 946
-25 169

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35840
₽31121
₽26076
₽27022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 102
Employee
17 640
-
50 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
5 054
-
pensions

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

1 549
-
3 116
-
total
4 318
-
10 193
-
Employer
17 640
-
50 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
36 398
57 500
-
-
income
3 640
5 750
-
-
total
3 640
5 750
-
-
Dividends
32 758
51 750
-
-
withholding
1 638
2 588
-
-
total
1 638
2 588
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 057
8 338
17 156
18 102
After tax
44 443
49 162
40 344
39 398
Living cost
13 322
13 322
13 322
13 322
Free-cash
31 121
35 840
27 022
26 076

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51471
-₽53195
-₽23458
-₽57174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 439
pensions
-
-
-
10 350
health
-
-
-
8 827
total
-
-
-
24 616
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
54 353
52 629
58 332
24 616
After tax
3 147
4 871
-832
32 884
Living cost
56 342
56 342
56 342
56 342
Free-cash
-53 195
-51 471
-57 174
-23 458

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15315
₽6654
₽3732
₽4905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 762
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 790
total
-
-
-
29 494
Employee
35 696
-
42 910
-
social contributions
2 320
-
2 789
-
health
4 819
-
5 793
-
solidarity contribution
-
-
-
-
income
4 284
-
5 149
-
total
11 423
-
13 731
-
Employer
35 696
-
42 910
-
social contributions
8 924
-
10 728
-
health
3 213
-
3 862
-
total
12 137
-
14 590
-
Corporate
9 667
57 500
-
-
income
1 837
10 925
-
-
total
1 837
10 925
-
-
Dividends
7 830
46 575
-
-
withholding
1 175
6 986
-
-
total
1 175
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 572
17 911
28 321
29 494
After tax
30 928
39 589
29 179
28 006
Living cost
24 274
24 274
24 274
24 274
Free-cash
6 654
15 315
4 905
3 732

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12194
-₽32801
-₽11453
-₽14703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
341
regional
-
-
-
574
national
-
-
-
10 375
social contributions
-
-
-
14 789
total
-
-
-
26 079
Employee
90 301
-
57 500
-
social contributions
30 450
-
19 390
-
regional
852
-
500
-
municipal
478
-
305
-
national
15 647
-
9 134
-
total
47 427
-
29 329
-
Employer
90 301
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
nationa
-
13 800
-
-
municipal
-
2 242
-
-
total
-
16 042
-
-
Dividends
-
41 458
-
-
withholding
-
10 778
-
-
total
-
10 778
-
-
Income
57 500
57 500
57 500
57 500
Total tax
47 427
26 820
29 329
26 079
After tax
10 073
30 680
28 171
31 421
Living cost
42 874
42 874
42 874
42 874
Free-cash
-32 801
-12 194
-14 703
-11 453

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13748
₽10584
₽10151
₽8916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 619
pensions
-
-
-
11 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 082
surtax
-
-
-
496
total
-
-
-
24 928
Employee
33 601
-
47 501
-
other
-
-
-
-
health
858
-
1 213
-
surtax
110
-
401
-
income
5 632
-
8 075
-
pensions
2 241
-
3 168
-
unemployment
2 339
-
3 307
-
total
11 180
-
16 164
-
Employer
33 601
-
47 501
-
other
-
-
-
-
unemployment
1 064
-
1 506
-
pensions
4 479
-
6 332
-
health
1 529
-
2 161
-
total
7 072
-
9 999
-
Corporate
16 827
57 500
-
-
income
4 375
14 949
-
-
total
4 375
14 949
-
-
Dividends
12 452
42 551
-
-
withholding
1 868
6 382
-
-
total
1 868
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 495
21 331
26 163
24 928
After tax
33 005
36 169
31 337
32 572
Living cost
22 421
22 421
22 421
22 421
Free-cash
10 584
13 748
8 916
10 151

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3646
-₽15605
-₽3499
-₽9276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 806
pensions
-
-
-
3 466
total
-
-
-
14 272
Employee
64 853
-
51 365
-
health
941
-
664
-
income
11 680
-
9 363
-
pensions
5 505
-
3 887
-
total
18 126
-
13 914
-
Employer
64 853
-
51 365
-
pensions
7 020
-
5 160
-
health
1 232
-
975
-
total
8 252
-
6 135
-
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.

-
10 926
-
-
total
-
10 926
-
-
Dividends
-
46 574
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 378
14 419
20 049
14 272
After tax
31 122
43 081
37 451
43 228
Living cost
46 727
46 727
46 727
46 727
Free-cash
-15 605
-3 646
-9 276
-3 499

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽51333
-₽41996
-₽28845
-₽31762
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
604
pensions
-
-
-
5 291
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 150
regional
-
-
-
1 252
health
-
-
-
253
national
-
-
-
169
total
-
-
-
8 719
Employee
90 843
-
51 465
-
city
975
-
552
-
regional
2 975
-
1 043
-
health
205
-
116
-
pensions
7 632
-
4 322
-
unemployment
-
-
-
-
national
430
-
136
-
total
12 217
-
6 169
-
Employer
90 843
-
51 465
-
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.

1 816
-
1 029
-
unemployment
-
-
-
-
pensions
7 632
-
4 322
-
health
205
-
116
-
total
9 653
-
5 467
-
Corporate
-
57 500
-
-
regional
-
12 162
-
-
national
-
4 887
-
-
total
-
17 049
-
-
Dividends
-
40 452
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 870
31 207
11 636
8 719
After tax
35 630
26 293
45 864
48 781
Living cost
77 626
77 626
77 626
77 626
Free-cash
-41 996
-51 333
-31 762
-28 845

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17936
-₽3563
-₽4212
-₽2452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 760
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.

-
-
-
6 128
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.

-
-
-
6 941
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.

-
-
-
337
total
-
-
-
15 166
Employee

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

61 064
-
57 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
337
-
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.

7 181
-
6 128
-
total
14 517
-
13 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
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.

-
474
-
-
income
-
8 625
-
-
trade
-
9 861
-
-
chamber of commerce
-
235
-
-
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.

-
505
-
-
withholding
-
9 190
-
-
total
-
9 695
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 517
28 890
13 406
15 166
After tax
42 983
28 610
44 094
42 334
Living cost
46 546
46 546
46 546
46 546
Free-cash
-3 563
-17 936
-2 452
-4 212

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5781
₽219
-₽284
₽241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 532
pensions
-
-
-
16 573
other
-
-
-
1 782
health
-
-
-
497
surtax
-
-
-
-
social contributions
-
-
-
1 637
total
-
-
-
23 021
Employee
43 486
-
43 816
-
social contributions
1 240
-
1 249
-
surtax
-
-
-
-
income
2 566
-
2 607
-
pensions
4 917
-
4 955
-
total
8 723
-
8 811
-
Employer
43 486
-
43 816
-
other
1 500
-
1 512
-
social contributions
131
-
131
-
unemployment
1 760
-
1 774
-
pensions
7 144
-
7 200
-
health
3 045
-
3 068
-
total
13 580
-
13 685
-
Corporate
434
57 500
-
-
surtax
-
-
-
-
income
121
16 100
-
-
total
121
16 100
-
-
Dividends
312
41 400
-
-
surtax
-
-
-
-
social contributions
54
7 119
-
-
withholding
40
5 299
-
-
total
94
12 418
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 518
28 518
22 496
23 021
After tax
34 982
28 982
35 004
34 479
Living cost
34 763
34 763
34 763
34 763
Free-cash
219
-5 781
241
-284

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2337
₽3306
₽3160
₽3685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 532
pensions
-
-
-
16 573
other
-
-
-
1 782
health
-
-
-
497
surtax
-
-
-
-
social contributions
-
-
-
1 637
total
-
-
-
23 021
Employee
38 817
-
43 816
-
social contributions
1 107
-
1 249
-
surtax
-
-
-
-
income
2 001
-
2 607
-
pensions
4 390
-
4 955
-
total
7 498
-
8 811
-
Employer
38 817
-
43 816
-
other
1 340
-
1 512
-
social contributions
116
-
131
-
unemployment
1 571
-
1 774
-
pensions
6 378
-
7 200
-
health
2 717
-
3 068
-
total
12 122
-
13 685
-
Corporate
6 560
57 500
-
-
surtax
-
-
-
-
income
1 838
16 100
-
-
total
1 838
16 100
-
-
Dividends
4 723
41 400
-
-
surtax
-
-
-
-
social contributions
812
7 119
-
-
withholding
605
5 299
-
-
total
1 417
12 418
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 875
28 518
22 496
23 021
After tax
34 625
28 982
35 004
34 479
Living cost
31 319
31 319
31 319
31 319
Free-cash
3 306
-2 337
3 685
3 160

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13534
₽14063
₽15382
₽12959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 014
social contributions
-
-
-
7 934
total
-
-
-
20 573
Employee
34 451
-
57 500
-
social contributions
4 755
-
7 934
-
health
2 404
-
4 014
-
income
5 746
-
11 048
-
total
12 905
-
22 996
-
Employer
34 451
-
57 500
-
total
-
-
-
-
Corporate
23 049
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%.

1 153
2 875
-
-
total
1 153
2 875
-
-
Dividends
21 896
54 625
-
-
health
1 529
3 812
-
-
social contributions
3 021
7 539
-
-
withholding
3 284
8 195
-
-
total
7 834
19 546
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 892
22 421
22 996
20 573
After tax
35 608
35 079
34 504
36 927
Living cost
21 545
21 545
21 545
21 545
Free-cash
14 063
13 534
12 959
15 382

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2828
-₽9054
-₽3908
-₽13501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
229
income
-
-
-
3 908
pensions
-
-
-
10 638
unemployment
-
-
-
6 232
health
-
-
-
4 398
surtax
-
-
-
201
total
-
-
-
25 606
Employee
50 778
40 492
44 496
-
other
507
405
445
-
health
1 965
1 568
1 722
-
income
5 781
2 987
3 980
-
pensions
5 200
4 146
4 556
-
unemployment
1 523
1 215
1 334
-
total
14 976
10 321
12 037
-
Employer
50 778
40 492
44 496
-
accident
659
526
578
-
other
2 412
1 922
2 113
-
chamber of commerce
202
162
177
-
unemployment
1 523
1 215
1 334
-
surtax
201
201
201
-
pensions
6 373
5 083
5 584
-
payroll
1 523
1 215
1 334
-
health
1 919
1 531
1 681
-
total
14 812
11 855
13 002
-
Corporate
3 856
5 154
40 640
-
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.

964
1 288
10 160
-
total
964
1 288
10 160
-
Dividends
-
3 866
-
-
withholding
-
1 062
-
-
total
-
1 062
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 752
24 526
35 199
25 606
After tax
26 748
32 974
22 301
31 894
Living cost
35 802
35 802
35 802
35 802
Free-cash
-9 054
-2 828
-13 501
-3 908

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽4636
-₽36337
-₽6012
-₽12310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
16 822
communal

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

-
-
-
3 054
social contributions
-
-
-
6 589
total
-
-
-
26 465
Employee

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

72 680
-
44 535
-
communal

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

3 791
-
2 323
-
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.

3 415
-
2 094
-
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.

5 451
-
3 340
-
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.

632
-
388
-
national
22 345
-
11 653
-
total
35 634
-
19 798
-
Employer

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

72 680
-
44 535
-
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.

945
-
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.

1 060
-
650
-
surtax
8 241
-
5 052
-
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.

6 440
-
3 945
-
health

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

4 470
-
2 740
-
total
21 156
-
12 965
-
Corporate
-
57 500
-
-
surtax
-
229
-
-
income
-
11 500
-
-
total
-
11 729
-
-
Dividends
-
45 771
-
-
withholding

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

-
13 360
-
-
total
-
13 360
-
-
Income
57 500
57 500
57 500
57 500
Total tax
56 790
25 089
32 763
26 465
After tax
710
32 411
24 737
31 035
Living cost
37 047
37 047
37 047
37 047
Free-cash
-36 337
-4 636
-12 310
-6 012

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2149
-₽9198
-₽4983
-₽4576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 539
pensions
-
-
-
16 272
other
-
-
-
58
unemployment
-
-
-
403
total
-
-
-
25 789
Employee
50 577
-
43 600
-
other
50
-
44
-
income
10 671
-
8 712
-
pensions
2 377
-
2 050
-
unemployment
785
-
675
-
total
13 883
-
11 481
-
Employer
50 577
-
43 600
-
accident
1 001
-
864
-
other
403
-
349
-
unemployment
2 782
-
2 399
-
pensions
11 935
-
10 289
-
total
16 121
-
13 901
-
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
-
10 032
-
-
total
-
10 032
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 004
18 657
25 382
25 789
After tax
27 496
38 843
32 118
31 711
Living cost
36 694
36 694
36 694
36 694
Free-cash
-9 198
2 149
-4 576
-4 983

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19078
-₽28638
-₽17110
-₽15961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 323
pensions
-
-
-
9 199
health
-
-
-
4 311
surtax
-
-
-
3 043
communal
-
-
-
-
total
-
-
-
19 393
Employee
76 946
-
51 361
-
health
3 424
-
2 287
-
surtax
4 716
-
3 147
-
income
7 432
-
2 561
-
pensions
6 155
-
4 109
-
total
21 727
-
12 104
-
Employer
76 946
-
51 361
-
accident
692
-
463
-
pensions
6 155
-
4 109
-
health
2 347
-
1 568
-
total
9 194
-
6 140
-
Corporate
-
57 500
-
-
surtax
-
604
-
-
communal
-
3 881
-
-
income
-
8 625
-
-
total
-
13 110
-
-
Dividends
-
44 390
-
-
income
-
1 593
-
-
withholding
-
6 658
-
-
total
-
8 251
-
-
Income
57 500
57 500
57 500
57 500
Total tax
30 921
21 361
18 244
19 393
After tax
26 579
36 139
39 256
38 107
Living cost
55 217
55 217
55 217
55 217
Free-cash
-28 638
-19 078
-15 961
-17 110

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13347
₽10115
₽9750
₽8515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 619
pensions
-
-
-
11 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 082
surtax
-
-
-
496
total
-
-
-
24 928
Employee
34 217
-
47 501
-
other
-
-
-
-
health
873
-
1 213
-
surtax
121
-
401
-
income
5 736
-
8 075
-
pensions
2 283
-
3 168
-
unemployment
2 381
-
3 307
-
total
11 394
-
16 164
-
Employer
34 217
-
47 501
-
other
-
-
-
-
unemployment
1 086
-
1 506
-
pensions
4 562
-
6 332
-
health
1 556
-
2 161
-
total
7 204
-
9 999
-
Corporate
16 079
57 500
-
-
income
4 180
14 949
-
-
total
4 180
14 949
-
-
Dividends
11 899
42 551
-
-
withholding
1 785
6 382
-
-
total
1 785
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 563
21 331
26 163
24 928
After tax
32 937
36 169
31 337
32 572
Living cost
22 822
22 822
22 822
22 822
Free-cash
10 115
13 347
8 515
9 750

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and 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 of data for Athens model

Close
Naples , Italy
₽2853
₽596
₽3757
₽526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
341
regional
-
-
-
867
national
-
-
-
10 375
social contributions
-
-
-
14 789
total
-
-
-
26 372
Employee
56 363
-
57 500
-
social contributions
19 006
-
19 390
-
regional
759
-
774
-
municipal
299
-
305
-
national
8 929
-
9 134
-
total
28 993
-
29 603
-
Employer
56 363
-
57 500
-
total
-
-
-
-
Corporate
1 137
57 500
-
-
nationa
274
13 800
-
-
municipal
56
2 858
-
-
total
330
16 658
-
-
Dividends
808
40 843
-
-
withholding
210
10 618
-
-
total
210
10 618
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 533
27 276
29 603
26 372
After tax
27 967
30 224
27 897
31 128
Living cost
27 371
27 371
27 371
27 371
Free-cash
596
2 853
526
3 757

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9678
-₽1442
-₽1905
-₽732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 762
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 790
total
-
-
-
29 494
Employee
43 987
-
42 910
-
social contributions
2 859
-
2 789
-
health
5 938
-
5 793
-
solidarity contribution
-
-
-
-
income
5 278
-
5 149
-
total
14 075
-
13 731
-
Employer
43 987
-
42 910
-
social contributions
10 997
-
10 728
-
health
3 959
-
3 862
-
total
14 956
-
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
29 031
17 911
28 321
29 494
After tax
28 469
39 589
29 179
28 006
Living cost
29 911
29 911
29 911
29 911
Free-cash
-1 442
9 678
-732
-1 905

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽666
-₽659
-₽321
-₽10075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
229
income
-
-
-
3 908
pensions
-
-
-
10 638
unemployment
-
-
-
6 232
health
-
-
-
4 398
surtax
-
-
-
-
total
-
-
-
25 405
Employee
44 415
40 492
44 649
-
other
443
405
447
-
health
1 718
1 568
1 728
-
income
3 957
2 987
4 024
-
pensions
4 549
4 146
4 572
-
unemployment
1 332
1 215
1 340
-
total
11 999
10 321
12 111
-
Employer
44 415
40 492
44 649
-
accident
577
526
580
-
other
2 109
1 922
2 121
-
chamber of commerce
177
162
179
-
unemployment
1 332
1 215
1 340
-
surtax
-
-
-
-
pensions
5 574
5 083
5 603
-
payroll
1 332
1 215
1 340
-
health
1 679
1 531
1 687
-
total
12 780
11 654
12 850
-
Corporate
3 856
5 355
40 792
-
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.

964
1 338
10 198
-
total
964
1 338
10 198
-
Dividends
-
4 016
-
-
withholding
-
1 105
-
-
total
-
1 105
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 743
24 418
35 159
25 405
After tax
31 757
33 082
22 341
32 095
Living cost
32 416
32 416
32 416
32 416
Free-cash
-659
666
-10 075
-321

Estimated living cost  is ₽32416 per week

₽19446
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.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40192
₽37486
₽42492
₽31567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 041
-
57 500
-
income
3 608
-
11 500
-
total
3 608
-
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%.

39 459
57 500
-
-
total
-
-
-
-
Dividends
39 459
57 500
-
-
withholding
1 973
2 875
-
-
total
1 973
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
5 581
2 875
11 500
575
After tax
51 919
54 625
46 000
56 925
Living cost
14 433
14 433
14 433
14 433
Free-cash
37 486
40 192
31 567
42 492

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12336
₽3836
₽4429
₽2741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 571
pensions
-
-
-
10 501
unemployment
-
-
-
87
health
-
-
-
5 659
total
-
-
-
25 818
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.

44 931
-
49 753
-
health
2 902
-
3 214
-
income
7 748
-
8 764
-
pensions
6 965
-
7 711
-
unemployment
64
-
69
-
total
17 679
-
19 758
-
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.

44 931
-
49 753
-
unemployment
27
-
29
-
pensions
3 976
-
4 404
-
health
2 993
-
3 315
-
total
6 996
-
7 748
-
Corporate
5 574
57 500
-
-
income
1 059
10 925
-
-
total
1 059
10 925
-
-
Dividends
4 515
46 575
-
-
withholding
677
6 986
-
-
total
677
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 411
17 911
27 506
25 818
After tax
31 089
39 589
29 994
31 682
Living cost
27 253
27 253
27 253
27 253
Free-cash
3 836
12 336
2 741
4 429

Estimated living cost  is ₽27253 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8910
-₽94177
-₽4156
₽225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
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
107 784
22 517
13 382
17 763
After tax
-50 284
34 983
44 118
39 737
Living cost
43 893
43 893
43 893
43 893
Free-cash
-94 177
-8 910
225
-4 156

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
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.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽835
-₽331
₽1349
-₽155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 298
surtax
-
-
-
-
social contributions

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

-
-
-
19 982
total
-
-
-
24 280
Employee
46 731
-
46 465
-
social contributions
5 141
-
5 112
-
surtax
-
-
-
-
income
9 720
-
9 637
-
total
14 861
-
14 749
-
Employer
46 731
-
46 465
-
social contributions
11 099
-
11 035
-
total
11 099
-
11 035
-
Corporate
-
57 500
-
-
surtax
-
-
-
-
income
-
12 074
-
-
total
-
12 074
-
-
Dividends
-
45 426
-
-
withholding
-
12 720
-
-
total
-
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 960
24 794
25 784
24 280
After tax
31 540
32 706
31 716
33 220
Living cost
31 871
31 871
31 871
31 871
Free-cash
-331
835
-155
1 349

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20092
-₽26012
-₽14595
-₽14070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 532
pensions
-
-
-
16 573
other
-
-
-
1 782
health
-
-
-
497
surtax
-
-
-
-
social contributions
-
-
-
1 637
total
-
-
-
23 021
Employee
63 638
-
43 816
-
social contributions
1 812
-
1 249
-
surtax
-
-
-
-
income
5 553
-
2 607
-
pensions
7 198
-
4 955
-
total
14 563
-
8 811
-
Employer
63 638
-
43 816
-
other
2 196
-
1 512
-
social contributions
191
-
131
-
unemployment
2 578
-
1 774
-
pensions
10 456
-
7 200
-
health
4 454
-
3 068
-
total
19 875
-
13 685
-
Corporate
-
57 500
-
-
surtax
-
-
-
-
income
-
16 100
-
-
total
-
16 100
-
-
Dividends
-
41 400
-
-
surtax
-
-
-
-
social contributions
-
7 119
-
-
withholding
-
5 299
-
-
total
-
12 418
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 438
28 518
22 496
23 021
After tax
23 062
28 982
35 004
34 479
Living cost
49 074
49 074
49 074
49 074
Free-cash
-26 012
-20 092
-14 070
-14 595

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21208
₽17796
₽14307
₽15991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 651
total
-
-
-
12 651
Employee
32 665
-
49 783
-
income
-
-
13
-
social contributions
2 123
-
3 237
-
total
2 123
-
3 250
-
Employer
32 665
-
49 783
-
social contributions
5 063
-
7 717
-
total
5 063
-
7 717
-
Corporate
19 771
57 500
-
-
income
1 976
5 750
-
-
total
1 976
5 750
-
-
Dividends
17 795
51 750
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
9 162
5 750
10 967
12 651
After tax
48 338
51 750
46 533
44 849
Living cost
30 542
30 542
30 542
30 542
Free-cash
17 796
21 208
15 991
14 307

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽163852
-₽163852
-₽11550
-₽163852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
9 285
pensions
-
-
-
881
national
-
-
-
5 426
labour market
-
-
-
4 530
total
-
-
-
20 122
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
172 424
172 424
172 424
20 122
After tax
-114 924
-114 924
-114 924
37 378
Living cost
48 928
48 928
48 928
48 928
Free-cash
-163 852
-163 852
-163 852
-11 550

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17205
₽1304
₽17877
₽8502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
10 735
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
17 761
Employee
34 391
-
47 765
-
health
3 938
-
5 469
-
income
4 718
-
6 553
-
pensions
3 873
-
5 379
-
total
12 529
-
17 401
-
Employer
34 391
-
47 765
-
accident
574
-
798
-
unemployment
843
-
1 170
-
pensions
5 592
-
7 767
-
total
7 009
-
9 735
-
Corporate
16 100
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.

14 490
51 750
-
-
total
14 490
51 750
-
-
Dividends
1 610
5 750
-
-
withholding
306
1 093
-
-
total
306
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 334
52 843
27 136
17 761
After tax
23 166
4 657
30 364
39 739
Living cost
21 862
21 862
21 862
21 862
Free-cash
1 304
-17 205
8 502
17 877

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽745
-₽6044
₽5685
-₽3483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 268
health
-
-
-
461
national
-
-
-
2 077
total
-
-
-
12 806
Employee
53 457
-
48 372
-
health
399
-
320
-
municipal
8 756
-
7 931
-
pensions
3 608
-
3 264
-
unemployment
802
-
725
-
national
883
-
607
-
total
14 448
-
12 847
-
Employer
53 457
-
48 372
-
accident
54
-
48
-
unemployment
347
-
314
-
pensions
9 275
-
8 393
-
health
411
-
372
-
total
10 087
-
9 127
-
Corporate
-
57 500
-
-
income
-
11 500
-
-
total
-
11 500
-
-
Dividends

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

-
34 500
-
-
national
-
35
-
-
municipal
-
6 211
-
-
total
-
6 246
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 535
17 746
21 974
12 806
After tax
32 965
39 754
35 526
44 694
Living cost
39 009
39 009
39 009
39 009
Free-cash
-6 044
745
-3 483
5 685

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10999
₽13287
₽21647
₽15446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 893
health
-
-
-
1 465
social contributions
-
-
-
8 970
total
-
-
-
12 328
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 333
-
health
605
1 329
887
-
income
8 507
7 233
8 010
-
total
12 066
15 046
13 230
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 333
-
health
658
1 446
966
-
total
3 612
7 930
5 299
-
Corporate
18 297
-
-
-
income
2 287
-
-
-
total
2 287
-
-
-
Dividends
16 011
-
-
-
withholding
2 723
-
-
-
total
2 723
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 688
22 976
18 529
12 328
After tax
36 812
34 524
38 971
45 172
Living cost
23 525
23 525
23 525
23 525
Free-cash
13 287
10 999
15 446
21 647

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31484
₽26314
₽26351
₽19490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 848
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
15 017
Employee

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

23 322
-
52 130
-
health
1 982
-
4 431
-
income
1 595
-
3 999
-
pensions
3 498
-
7 819
-
unemployment
116
-
260
-
total
7 191
-
16 509
-
Employer

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

23 322
-
52 130
-
unemployment
116
-
260
-
pensions
1 282
-
2 867
-
health
1 003
-
2 242
-
total
2 401
-
5 369
-
Corporate
31 777
57 500
-
-
income
2 859
5 175
-
-
total
2 859
5 175
-
-
Dividends
28 918
52 325
-
-
withholding
2 603
4 709
-
-
total
2 603
4 709
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 054
9 884
21 878
15 017
After tax
42 446
47 616
35 622
42 483
Living cost
16 132
16 132
16 132
16 132
Free-cash
26 314
31 484
19 490
26 351

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10902
₽5475
₽3770
₽4177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 539
pensions
-
-
-
16 272
other
-
-
-
58
unemployment
-
-
-
403
total
-
-
-
25 789
Employee
37 570
-
43 600
-
other
37
-
44
-
income
7 243
-
8 712
-
pensions
1 766
-
2 050
-
unemployment
582
-
675
-
total
9 628
-
11 481
-
Employer
37 570
-
43 600
-
accident
744
-
864
-
other
301
-
349
-
unemployment
2 067
-
2 399
-
pensions
8 866
-
10 289
-
total
11 978
-
13 901
-
Corporate
7 952
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.

1 194
8 625
-
-
total
1 194
8 625
-
-
Dividends
6 759
48 875
-
-
withholding
1 284
10 032
-
-
total
1 284
10 032
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 084
18 657
25 382
25 789
After tax
33 416
38 843
32 118
31 711
Living cost
27 941
27 941
27 941
27 941
Free-cash
5 475
10 902
4 177
3 770

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33099
₽32643
₽32960
₽32763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 259
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
21 759
Employee
4 236
-
55 218
-
health
212
-
507
-
income
820
-
18 152
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
19 673
-
Employer
4 236
-
55 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
52 310
57 500
-
-
income
11 508
12 650
-
-
total
11 508
12 650
-
-
Dividends
40 802
44 850
-
-
withholding
8 160
8 970
-
-
total
8 160
8 970
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 076
21 620
21 956
21 759
After tax
35 424
35 880
35 544
35 741
Living cost
2 781
2 781
2 781
2 781
Free-cash
32 643
33 099
32 763
32 960

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23986
₽18988
₽10919
₽13392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 289
pensions
-
-
-
14 950
unemployment
-
-
-
862
health
-
-
-
5 922
total
-
-
-
29 023
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.

26 477
-
48 770
-
health
1 364
-
2 512
-
income
3 650
-
8 114
-
pensions
3 707
-
6 828
-
unemployment
199
-
366
-
total
8 920
-
17 820
-
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.

26 477
-
48 770
-
unemployment
199
-
366
-
pensions
3 177
-
5 852
-
health
1 364
-
2 512
-
total
4 740
-
8 730
-
Corporate
26 284
57 500
-
-
income
3 943
8 625
-
-
total
3 943
8 625
-
-
Dividends
22 341
48 875
-
-
withholding
3 351
7 331
-
-
total
3 351
7 331
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 954
15 956
26 550
29 023
After tax
36 546
41 544
30 950
28 477
Living cost
17 558
17 558
17 558
17 558
Free-cash
18 988
23 986
13 392
10 919

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5314
₽4950
₽5828
₽4324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 298
surtax
-
-
-
-
social contributions

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

-
-
-
19 982
total
-
-
-
24 280
Employee
39 436
-
46 465
-
social contributions
4 338
-
5 112
-
surtax
-
-
-
-
income
7 705
-
9 637
-
total
12 043
-
14 749
-
Employer
39 436
-
46 465
-
social contributions
9 365
-
11 035
-
total
9 365
-
11 035
-
Corporate
8 699
57 500
-
-
surtax
-
-
-
-
income
1 826
12 074
-
-
total
1 826
12 074
-
-
Dividends
6 873
45 426
-
-
withholding
1 924
12 720
-
-
total
1 924
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 158
24 794
25 784
24 280
After tax
32 342
32 706
31 716
33 220
Living cost
27 392
27 392
27 392
27 392
Free-cash
4 950
5 314
4 324
5 828

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3134
-₽7217
-₽3998
-₽3591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 539
pensions
-
-
-
16 272
other
-
-
-
58
unemployment
-
-
-
403
total
-
-
-
25 789
Employee
49 071
-
43 600
-
other
48
-
44
-
income
10 249
-
8 712
-
pensions
2 306
-
2 050
-
unemployment
760
-
675
-
total
13 363
-
11 481
-
Employer
49 071
-
43 600
-
accident
972
-
864
-
other
393
-
349
-
unemployment
2 699
-
2 399
-
pensions
11 581
-
10 289
-
total
15 645
-
13 901
-
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
-
10 032
-
-
total
-
10 032
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 008
18 657
25 382
25 789
After tax
28 492
38 843
32 118
31 711
Living cost
35 709
35 709
35 709
35 709
Free-cash
-7 217
3 134
-3 591
-3 998

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31683
₽25491
₽21919
₽22865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 102
Employee
23 145
-
50 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
5 054
-
pensions

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

2 032
-
3 116
-
total
5 666
-
10 193
-
Employer
23 145
-
50 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
29 814
57 500
-
-
income
2 981
5 750
-
-
total
2 981
5 750
-
-
Dividends
26 833
51 750
-
-
withholding
1 342
2 588
-
-
total
1 342
2 588
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 530
8 338
17 156
18 102
After tax
42 970
49 162
40 344
39 398
Living cost
17 479
17 479
17 479
17 479
Free-cash
25 491
31 683
22 865
21 919

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9437
₽3859
₽3394
₽4867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
1 473
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.

-
-
-
6 128
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.

-
-
-
6 941
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.

-
-
-
337
total
-
-
-
14 879
Employee

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

50 555
-
57 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
337
-
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.

4 157
-
6 128
-
total
11 327
-
13 406
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 945
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.

58
474
-
-
income
1 041
8 625
-
-
trade
997
8 251
-
-
chamber of commerce
164
239
-
-
total
2 260
17 589
-
-
Dividends
4 685
39 911
-
-
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.

42
528
-
-
withholding
785
9 593
-
-
total
827
10 121
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 414
27 710
13 406
14 879
After tax
43 086
29 790
44 094
42 621
Living cost
39 227
39 227
39 227
39 227
Free-cash
3 859
-9 437
4 867
3 394

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17630
-₽21979
-₽12882
-₽12882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 318
social contributions
-
-
-
4 185
total
-
-
-
12 503
Employee
79 479
-
57 500
-
income
14 997
-
8 318
-
social contributions
6 603
-
4 185
-
total
21 600
-
12 503
-
Employer
79 479
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
income
-
7 188
-
-
total
-
7 188
-
-
Dividends
-
50 312
-
-
withholding
-
10 063
-
-
total
-
10 063
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 600
17 251
12 503
12 503
After tax
35 900
40 249
44 997
44 997
Living cost
57 879
57 879
57 879
57 879
Free-cash
-21 979
-17 630
-12 882
-12 882

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4875
₽1009
-₽15118
₽4659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
52 826
-
income
5 058
-
6 610
-
social contributions
4 670
-
4 674
-
total
9 728
-
11 284
-
Employer
46 611
-
52 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
6 219
57 500
-
-
income
2 177
20 124
-
-
total
2 177
20 124
-
-
Dividends
4 042
37 376
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 608
25 492
15 958
35 735
After tax
37 892
32 008
41 542
21 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
1 009
-4 875
4 659
-15 118

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5094
-₽902
₽5241
-₽536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 806
pensions
-
-
-
3 466
total
-
-
-
14 272
Employee
52 143
-
51 365
-
health
680
-
664
-
income
9 496
-
9 363
-
pensions
3 980
-
3 887
-
total
14 156
-
13 914
-
Employer
52 143
-
51 365
-
pensions
5 268
-
5 160
-
health
991
-
975
-
total
6 259
-
6 135
-
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.

-
10 926
-
-
total
-
10 926
-
-
Dividends
-
46 574
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 415
14 419
20 049
14 272
After tax
37 085
43 081
37 451
43 228
Living cost
37 987
37 987
37 987
37 987
Free-cash
-902
5 094
-536
5 241

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19370
₽973
₽15712
₽6337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
10 735
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
17 761
Employee
37 795
-
47 765
-
health
4 327
-
5 469
-
income
5 185
-
6 553
-
pensions
4 256
-
5 379
-
total
13 768
-
17 401
-
Employer
37 795
-
47 765
-
accident
631
-
798
-
unemployment
926
-
1 170
-
pensions
6 145
-
7 767
-
total
7 702
-
9 735
-
Corporate
12 003
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.

10 802
51 750
-
-
total
10 802
51 750
-
-
Dividends
1 200
5 750
-
-
withholding
228
1 093
-
-
total
228
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
32 500
52 843
27 136
17 761
After tax
25 000
4 657
30 364
39 739
Living cost
24 027
24 027
24 027
24 027
Free-cash
973
-19 370
6 337
15 712

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35180
₽30250
₽20343
₽20343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
288
health insurance
-
-
-
4 255
income
-
-
-
7 649
pensions
-
-
-
10 580
unemployment
-
-
-
690
total
-
-
-
23 462
Employee

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

21 911
-
57 500
-
work injury
110
-
288
-
income
2 191
-
7 649
-
pensions
4 032
-
10 580
-
health insurance
1 621
-
4 255
-
unemployment
263
-
690
-
total
8 217
-
23 462
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 589
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
35 589
57 500
-
-
withholding
5 338
8 625
-
-
total
5 338
8 625
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 555
8 625
23 462
23 462
After tax
43 945
48 875
34 038
34 038
Living cost
13 695
13 695
13 695
13 695
Free-cash
30 250
35 180
20 343
20 343

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10191
-₽28122
-₽9402
-₽12596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
municipal
-
-
-
384
regional
-
-
-
876
national
-
-
-
10 375
social contributions
-
-
-
14 789
total
-
-
-
26 424
Employee
85 620
-
57 500
-
social contributions
28 871
-
19 390
-
regional
1 293
-
751
-
municipal
511
-
343
-
national
14 469
-
9 134
-
total
45 144
-
29 618
-
Employer
85 620
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
nationa
-
13 800
-
-
municipal
-
2 771
-
-
total
-
16 571
-
-
Dividends
-
40 929
-
-
withholding
-
10 642
-
-
total
-
10 642
-
-
Income
57 500
57 500
57 500
57 500
Total tax
45 144
27 213
29 618
26 424
After tax
12 356
30 287
27 882
31 076
Living cost
40 478
40 478
40 478
40 478
Free-cash
-28 122
-10 191
-12 596
-9 402

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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