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
₽742
₽15306
₽13125
₽11124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 500
income

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

-
-
-
6 959
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.

-
-
-
383
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.

-
-
-
6 414
trade
-
-
-
2 181
total
-
-
-
15 937
Employee

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

35 910
-
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.

55
-
383
-
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.

1 003
-
6 959
-
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.

6 414
-
6 414
-
total
7 472
-
13 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 590
57 500
-
-
income
3 239
8 625
-
-
surtax

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

178
474
-
-
chamber of commerce
173
224
-
-
trade
3 401
9 056
-
-
total
6 991
18 379
-
-
Dividends
14 598
39 120
-
-
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.

182
518
-
-
withholding
3 293
9 423
-
-
total
3 475
9 941
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 938
28 320
13 756
15 937
After tax
39 562
29 180
43 744
41 563
Living cost
28 438
28 438
28 438
28 438
Free-cash
11 124
742
15 306
13 125

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14071
-₽13482
-₽13933
-₽26960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
618
municipal
-
-
-
5 477
national
-
-
-
8 487
pensions
-
-
-
6 900
total
-
-
-
21 482
Employee
77 434
-
49 708
-
municipal
9 564
-
5 700
-
pensions
3 097
-
1 988
-
national
14 821
-
8 832
-
total
27 482
-
16 520
-
Employer
77 434
-
49 708
-
pensions
6 195
-
3 977
-
social contributions
832
-
534
-
total
7 027
-
4 511
-
Corporate
-
57 500
-
-
income

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

-
11 500
-
-
total
-
11 500
-
-
Dividends
-
46 000
-
-
withholding
-
10 120
-
-
total
-
10 120
-
-
Income
57 500
57 500
57 500
57 500
Total tax
34 509
21 620
21 031
21 482
After tax
22 991
35 880
36 469
36 018
Living cost
49 951
49 951
49 951
49 951
Free-cash
-26 960
-14 071
-13 482
-13 933

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26466
₽13292
₽26386
₽18766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
57 500
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
2 956
microenterprise
-
-
-
8 625
total
-
-
-
11 581
Employee
27 434
-
46 338
-
surtax
-
-
-
-
social contributions

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

3 018
-
5 097
-
income
4 884
-
8 416
-
total
7 902
-
13 513
-
Employer
27 434
-
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.

6 608
-
11 162
-
surtax
-
-
-
-
total
6 608
-
11 162
-
Corporate
23 457
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%.

4 691
11 501
-
-
total
4 691
11 501
-
-
Dividends

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

18 766
45 999
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 201
11 501
24 675
11 581
After tax
38 299
45 999
32 825
45 919
Living cost
19 533
19 533
19 533
19 533
Free-cash
18 766
26 466
13 292
26 386

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽30461
-₽35732
-₽6490
-₽35732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 482
health
-
-
-
8 827
pensions
-
-
-
10 350
total
-
-
-
24 659
Employee
80 176
80 176
80 176
-
pensions
14 432
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
12 306
-
total
39 862
34 591
39 862
-
Employer
80 176
80 176
80 176
-
health
5 573
5 573
5 573
-
pensions
5 580
5 580
5 580
-
unemployment
2 886
2 886
2 886
-
total
14 039
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
53 901
48 630
53 901
24 659
After tax
3 599
8 870
3 599
32 841
Living cost
39 331
39 331
39 331
39 331
Free-cash
-35 732
-30 461
-35 732
-6 490

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6368
-₽7057
-₽9099
-₽13217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
accident
-
-
-
115
other
-
-
-
6 681
unemployment
-
-
-
57
health
-
-
-
3 588
municipal
-
-
-
12 179
national
-
-
-
-
pensions
-
-
-
6 216
total
-
-
-
28 836
Employee
53 808
-
43 753
-
municipal
16 046
-
13 047
-
national
-
-
-
-
total
16 046
-
13 047
-
Employer
53 808
-
43 753
-
health
3 309
-
2 691
-
pensions
5 817
-
4 730
-
accident
108
-
87
-
unemployment
1 421
-
1 155
-
other
6 253
-
5 084
-
total
16 908
-
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
32 954
26 105
26 794
28 836
After tax
24 546
31 395
30 706
28 664
Living cost
37 763
37 763
37 763
37 763
Free-cash
-13 217
-6 368
-7 057
-9 099

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8000
₽6861
₽4582
₽5194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 500
income

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

-
-
-
6 959
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.

-
-
-
383
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.

-
-
-
6 414
trade
-
-
-
2 279
total
-
-
-
16 035
Employee

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

47 612
-
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.

224
-
383
-
income

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

4 091
-
6 959
-
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.

6 414
-
6 414
-
total
10 729
-
13 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 888
57 500
-
-
income
1 482
8 625
-
-
surtax

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

82
474
-
-
chamber of commerce
157
224
-
-
trade
1 627
9 459
-
-
total
3 348
18 782
-
-
Dividends
6 540
38 717
-
-
surtax

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

69
513
-
-
withholding
1 277
9 322
-
-
total
1 346
9 835
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 423
28 617
13 756
16 035
After tax
42 077
28 883
43 744
41 465
Living cost
36 883
36 883
36 883
36 883
Free-cash
5 194
-8 000
6 861
4 582

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5816
₽9246
₽14146
₽7954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 464
social contributions
-
-
-
8 971
health
-
-
-
1 466
total
-
-
-
12 901
Employee
72 195
72 195
72 195
-
social contributions
3 508
5 992
4 333
-
income
7 581
6 683
7 282
-
health
718
1 228
887
-
total
11 807
13 903
12 502
-
Employer
72 195
72 195
72 195
-
health
782
1 336
966
-
social contributions
3 508
5 992
4 333
-
total
4 290
7 328
5 299
-
Corporate
10 950
-
-
-
income
1 368
-
-
-
total
1 368
-
-
-
Dividends
9 581
-
-
-
withholding
1 628
-
-
-
total
1 628
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 093
21 231
17 801
12 901
After tax
38 407
36 269
39 699
44 599
Living cost
30 453
30 453
30 453
30 453
Free-cash
7 954
5 816
9 246
14 146

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15697
₽16509
₽23010
₽16048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
7 029
unemployment
-
-
-
862
health
-
-
-
4 025
pensions
-
-
-
5 750
total
-
-
-
17 666
Employee

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
48 117
-
unemployment
364
145
722
-
pensions
2 429
967
4 812
-
income
2 969
1 182
5 882
-
health
1 700
677
3 368
-
total
7 462
2 971
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.

24 286
9 665
48 117
-
pensions
4 736
1 885
9 383
-
total
4 736
1 885
9 383
-
Corporate
28 479
45 950
-
-
income
2 563
4 135
-
-
total
2 563
4 135
-
-
Dividends
25 916
41 814
-
-
social contributions
4 943
8 043
-
-
withholding
4 924
7 945
-
-
total
9 867
15 988
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 628
24 979
24 167
17 666
After tax
32 872
32 521
33 333
39 834
Living cost
16 824
16 824
16 824
16 824
Free-cash
16 048
15 697
16 509
23 010

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23322
₽10850
₽8851
₽17490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 997
health
-
-
-
7 474
pensions
-
-
-
11 501
total
-
-
-
25 972
Employee
26 635
-
42 974
-
unemployment
426
-
688
-
pensions
533
-
859
-
income
2 999
-
7 900
-
total
3 958
-
9 447
-
Employer
26 635
-
42 974
-
health
3 462
-
5 587
-
pensions
5 327
-
8 595
-
unemployment
214
-
344
-
total
9 003
-
14 526
-
Corporate
21 863
57 500
-
-
income
4 372
11 501
-
-
total
4 372
11 501
-
-
Dividends
17 490
45 999
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
17 333
11 501
23 973
25 972
After tax
40 167
45 999
33 527
31 528
Living cost
22 677
22 677
22 677
22 677
Free-cash
17 490
23 322
10 850
8 851

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16274
₽9284
₽18772
₽1446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
11 170
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
17 797
Employee
32 926
-
47 766
-
pensions
3 708
-
5 378
-
income
4 517
-
6 704
-
health
3 770
-
5 469
-
total
11 995
-
17 551
-
Employer
32 926
-
47 766
-
pensions
5 354
-
7 766
-
accident
550
-
798
-
unemployment
807
-
1 170
-
total
6 711
-
9 734
-
Corporate
17 864
57 500
-
-
income

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

16 077
51 750
-
-
total
16 077
51 750
-
-
Dividends
1 786
5 750
-
-
withholding
340
1 093
-
-
total
340
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 123
52 843
27 285
17 797
After tax
22 377
4 657
30 215
39 703
Living cost
20 931
20 931
20 931
20 931
Free-cash
1 446
-16 274
9 284
18 772

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47074
₽38449
₽49374
₽45659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
57 500
microenterprise

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

-
-
-
575
total
-
-
-
575
Employee
9 438
-
57 500
-
income
1 887
-
11 500
-
total
1 887
-
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%.

48 062
57 500
-
-
total
-
-
-
-
Dividends
48 062
57 500
-
-
withholding
2 403
2 875
-
-
total
2 403
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
4 290
2 875
11 500
575
After tax
53 210
54 625
46 000
56 925
Living cost
7 551
7 551
7 551
7 551
Free-cash
45 659
47 074
38 449
49 374

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17228
₽8689
₽6120
₽10887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 303
other
-
-
-
2 731
health
-
-
-
2 530
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.

-
-
-
13 799
total
-
-
-
26 363
Employee
34 090
-
45 928
-
unemployment
340
-
460
-
pensions

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

2 386
-
3 214
-
income
5 869
-
7 905
-
health
477
-
643
-
total
9 072
-
12 222
-
Employer
34 090
-
45 928
-
health
477
-
643
-
pensions

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

5 796
-
7 807
-
accident
273
-
367
-
unemployment
340
-
460
-
other
1 705
-
2 295
-
total
8 591
-
11 572
-
Corporate
14 819
57 500
-
-
income
3 113
12 075
-
-
total
3 113
12 075
-
-
Dividends
11 706
45 425
-
-
withholding
820
3 180
-
-
total
820
3 180
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 596
15 255
23 794
26 363
After tax
35 904
42 245
33 706
31 137
Living cost
25 017
25 017
25 017
25 017
Free-cash
10 887
17 228
8 689
6 120

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19913
-₽25805
-₽19876
-₽43848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 779
pensions
-
-
-
3 601
total
-
-
-
14 380
Employee
89 130
-
51 233
-
pensions
8 599
-
4 051
-
income
16 067
-
9 298
-
health
1 469
-
693
-
total
26 135
-
14 042
-
Employer
89 130
-
51 233
-
health
1 693
-
973
-
pensions
10 524
-
5 294
-
total
12 217
-
6 267
-
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.

-
10 924
-
-
total
-
10 924
-
-
Dividends
-
46 576
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
38 352
14 417
20 309
14 380
After tax
19 148
43 083
37 191
43 120
Living cost
62 996
62 996
62 996
62 996
Free-cash
-43 848
-19 913
-25 805
-19 876

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36853
₽28899
₽27808
₽32493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
8 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
17 382
Employee
16 300
-
51 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
5 106
-
health
750
-
1 509
-
total
3 990
-
9 856
-
Employer
16 300
-
51 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
38 001
57 500
-
-
income
3 800
5 750
-
-
total
3 800
5 750
-
-
Dividends
34 201
51 750
-
-
withholding
1 710
2 587
-
-
total
1 710
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
12 697
8 337
16 291
17 382
After tax
44 803
49 163
41 209
40 118
Living cost
12 310
12 310
12 310
12 310
Free-cash
32 493
36 853
28 899
27 808

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽43192
-₽48463
-₽19221
-₽44786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 482
health
-
-
-
8 827
pensions
-
-
-
10 350
total
-
-
-
24 659
Employee
87 046
80 176
80 176
-
pensions
11 000
11 000
14 432
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
12 306
-
total
34 983
34 591
39 862
-
Employer
87 046
80 176
80 176
-
health
6 049
5 573
5 573
-
pensions
6 058
5 580
5 580
-
unemployment
3 134
2 886
2 886
-
total
15 241
14 039
14 039
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
50 224
48 630
53 901
24 659
After tax
7 276
8 870
3 599
32 841
Living cost
52 062
52 062
52 062
52 062
Free-cash
-44 786
-43 192
-48 463
-19 221

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽16599
₽6189
₽5016
₽8397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
4 942
social contributions
-
-
-
16 790
solidarity contribution
-
-
-
-
health
-
-
-
7 762
total
-
-
-
29 494
Employee
33 809
-
42 910
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
2 789
-
income
4 057
-
5 149
-
health
4 564
-
5 793
-
total
10 819
-
13 731
-
Employer
33 809
-
42 910
-
health
3 043
-
3 862
-
social contributions
8 452
-
10 728
-
total
11 495
-
14 590
-
Corporate
12 195
57 500
-
-
income
2 317
10 925
-
-
total
2 317
10 925
-
-
Dividends
9 878
46 575
-
-
withholding
1 482
6 986
-
-
total
1 482
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 113
17 911
28 321
29 494
After tax
31 387
39 589
29 179
28 006
Living cost
22 990
22 990
22 990
22 990
Free-cash
8 397
16 599
6 189
5 016

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8938
-₽11539
-₽8293
-₽25941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 790
regional
-
-
-
582
municipal
-
-
-
342
national
-
-
-
10 462
total
-
-
-
26 176
Employee
83 442
-
57 500
-
municipal
442
-
305
-
national
14 458
-
9 220
-
regional
787
-
509
-
social contributions
28 137
-
19 388
-
total
43 824
-
29 422
-
Employer
83 442
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 243
-
-
nationa
-
13 799
-
-
total
-
16 042
-
-
Dividends
-
41 458
-
-
withholding
-
10 779
-
-
total
-
10 779
-
-
Income
57 500
57 500
57 500
57 500
Total tax
43 824
26 821
29 422
26 176
After tax
13 676
30 679
28 078
31 324
Living cost
39 617
39 617
39 617
39 617
Free-cash
-25 941
-8 938
-11 539
-8 293

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15450
₽10234
₽11480
₽12528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 887
other
-
-
-
-
surtax
-
-
-
616
unemployment
-
-
-
214
health
-
-
-
4 084
pensions
-
-
-
11 501
total
-
-
-
25 302
Employee
31 048
-
47 501
-
other
-
-
-
-
unemployment
2 161
-
3 307
-
pensions
2 070
-
3 168
-
surtax
102
-
522
-
income
5 204
-
8 340
-
health
793
-
1 212
-
total
10 330
-
16 549
-
Employer
31 048
-
47 501
-
health
1 413
-
2 161
-
pensions
4 139
-
6 332
-
unemployment
983
-
1 506
-
other
-
-
-
-
total
6 535
-
9 999
-
Corporate
19 917
57 500
-
-
income
5 178
14 950
-
-
total
5 178
14 950
-
-
Dividends
14 739
42 550
-
-
withholding
2 211
6 382
-
-
total
2 211
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 254
21 332
26 548
25 302
After tax
33 246
36 168
30 952
32 198
Living cost
20 718
20 718
20 718
20 718
Free-cash
12 528
15 450
10 234
11 480

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46
-₽5846
₽83
-₽9833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 779
pensions
-
-
-
3 601
total
-
-
-
14 380
Employee
59 733
-
51 233
-
pensions
5 070
-
4 051
-
income
10 758
-
9 298
-
health
867
-
693
-
total
16 695
-
14 042
-
Employer
59 733
-
51 233
-
health
1 135
-
973
-
pensions
6 466
-
5 294
-
total
7 601
-
6 267
-
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.

-
10 924
-
-
total
-
10 924
-
-
Dividends
-
46 576
-
-
withholding
-
3 493
-
-
total
-
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 296
14 417
20 309
14 380
After tax
33 204
43 083
37 191
43 120
Living cost
43 037
43 037
43 037
43 037
Free-cash
-9 833
46
-5 846
83

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽47988
-₽28477
-₽25553
-₽37708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
other

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

-
-
-
1 150
regional
-
-
-
1 309
health
-
-
-
242
city
-
-
-
605
national
-
-
-
177
pensions
-
-
-
5 290
total
-
-
-
8 773
Employee
86 926
-
51 464
-
unemployment
-
-
-
-
pensions
7 303
-
4 323
-
national
411
-
145
-
regional
2 846
-
1 091
-
city
933
-
553
-
health
197
-
116
-
total
11 690
-
6 228
-
Employer
86 926
-
51 464
-
health
197
-
116
-
pensions
7 303
-
4 323
-
unemployment
-
-
-
-
other

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

1 738
-
1 030
-
total
9 238
-
5 469
-
Corporate
-
57 500
-
-
regional
-
12 162
-
-
national
-
4 888
-
-
total
-
17 050
-
-
Dividends
-
40 450
-
-
withholding
-
14 158
-
-
total
-
14 158
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 928
31 208
11 697
8 773
After tax
36 572
26 292
45 803
48 727
Living cost
74 280
74 280
74 280
74 280
Free-cash
-37 708
-47 988
-28 477
-25 553

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14424
₽734
-₽1641
₽577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 500
income

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

-
-
-
6 959
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.

-
-
-
383
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.

-
-
-
6 414
trade
-
-
-
2 375
total
-
-
-
16 131
Employee

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

56 425
-
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.

365
-
383
-
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.

6 635
-
6 959
-
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.

6 414
-
6 414
-
total
13 414
-
13 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 075
57 500
-
-
income
162
8 625
-
-
surtax

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

9
474
-
-
chamber of commerce
144
223
-
-
trade
184
9 862
-
-
total
499
19 184
-
-
Dividends
576
38 316
-
-
surtax

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

-
508
-
-
withholding
-
9 222
-
-
total
-
9 730
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 913
28 914
13 756
16 131
After tax
43 587
28 586
43 744
41 369
Living cost
43 010
43 010
43 010
43 010
Free-cash
577
-14 424
734
-1 641

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
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.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3141
₽2680
₽2255
₽2404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 753
other
-
-
-
1 782
surtax
-
-
-
-
social contributions
-
-
-
1 639
health
-
-
-
497
pensions
-
-
-
16 452
total
-
-
-
23 123
Employee
40 183
-
43 817
-
pensions
4 543
-
4 955
-
surtax
-
-
-
-
social contributions
1 146
-
1 249
-
income
2 371
-
2 810
-
total
8 060
-
9 014
-
Employer
40 183
-
43 817
-
health
2 813
-
3 066
-
pensions
6 601
-
7 200
-
unemployment
1 627
-
1 775
-
social contributions
121
-
132
-
other
1 386
-
1 511
-
total
12 548
-
13 684
-
Corporate
4 769
57 500
-
-
income
1 334
16 099
-
-
surtax
-
-
-
-
total
1 334
16 099
-
-
Dividends
3 434
41 401
-
-
surtax
-
-
-
-
social contributions
592
7 121
-
-
withholding
440
5 299
-
-
total
1 032
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 974
28 519
22 698
23 123
After tax
34 526
28 981
34 802
34 377
Living cost
32 122
32 122
32 122
32 122
Free-cash
2 404
-3 141
2 680
2 255

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41
₽5862
₽5437
₽5256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 753
other
-
-
-
1 782
surtax
-
-
-
-
social contributions
-
-
-
1 639
health
-
-
-
497
pensions
-
-
-
16 452
total
-
-
-
23 123
Employee
35 869
-
43 817
-
pensions
4 057
-
4 955
-
surtax
-
-
-
-
social contributions
1 023
-
1 249
-
income
1 849
-
2 810
-
total
6 929
-
9 014
-
Employer
35 869
-
43 817
-
health
2 510
-
3 066
-
pensions
5 894
-
7 200
-
unemployment
1 452
-
1 775
-
social contributions
107
-
132
-
other
1 238
-
1 511
-
total
11 201
-
13 684
-
Corporate
10 430
57 500
-
-
income
2 920
16 099
-
-
surtax
-
-
-
-
total
2 920
16 099
-
-
Dividends
7 510
41 401
-
-
surtax
-
-
-
-
social contributions
1 292
7 121
-
-
withholding
962
5 299
-
-
total
2 254
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 304
28 519
22 698
23 123
After tax
34 196
28 981
34 802
34 377
Living cost
28 940
28 940
28 940
28 940
Free-cash
5 256
41
5 862
5 437

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15170
₽14427
₽17016
₽15657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
8 625
social contributions
-
-
-
7 936
health
-
-
-
4 014
total
-
-
-
20 575
Employee
31 834
-
57 500
-
social contributions
4 394
-
7 936
-
income
5 309
-
11 214
-
health
2 222
-
4 014
-
total
11 925
-
23 164
-
Employer
31 834
-
57 500
-
total
-
-
-
-
Corporate
25 666
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%.

1 283
2 876
-
-
total
1 283
2 876
-
-
Dividends
24 384
54 624
-
-
social contributions
3 366
7 538
-
-
withholding
3 658
8 194
-
-
health
1 702
3 813
-
-
total
8 726
19 545
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 934
22 421
23 164
20 575
After tax
35 566
35 079
34 336
36 925
Living cost
19 909
19 909
19 909
19 909
Free-cash
15 657
15 170
14 427
17 016

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽236
-₽11519
-₽1532
-₽4001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 741
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
230
health
-
-
-
4 399
pensions
-
-
-
10 637
total
-
-
-
25 950
Employee
46 921
37 416
44 508
-
other
469
374
445
-
unemployment
1 408
1 122
1 334
-
pensions
4 805
3 831
4 558
-
income
5 342
2 760
4 650
-
health
1 816
1 449
1 723
-
total
13 840
9 536
12 710
-
Employer
46 921
37 416
44 508
-
chamber of commerce
187
150
178
-
health
1 773
1 415
1 682
-
pensions
5 889
4 697
5 586
-
accident
609
486
579
-
unemployment
1 408
1 122
1 334
-
surtax
185
185
185
-
payroll
1 408
1 122
1 334
-
other
2 229
1 776
2 113
-
total
13 688
10 953
12 991
-
Corporate
3 563
9 130
40 944
-
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.

891
2 282
10 236
-
total
891
2 282
10 236
-
Dividends
-
6 848
-
-
withholding
-
1 883
-
-
total
-
1 883
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 419
24 654
35 937
25 950
After tax
29 081
32 846
21 563
31 550
Living cost
33 082
33 082
33 082
33 082
Free-cash
-4 001
-236
-11 519
-1 532

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽1853
-₽9783
-₽3866
-₽29208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
communal

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

-
-
-
3 029
social contributions
-
-
-
7 006
national
-
-
-
17 098
total
-
-
-
27 133
Employee

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

67 159
-
44 536
-
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.

584
-
387
-
communal

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

3 503
-
2 323
-
pensions

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

5 037
-
3 341
-
national
20 647
-
11 945
-
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.

3 155
-
2 092
-
total
32 926
-
20 088
-
Employer

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

67 159
-
44 536
-
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.

4 130
-
2 738
-
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.

5 951
-
3 946
-
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.

873
-
579
-
unemployment

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

980
-
650
-
surtax
7 615
-
5 049
-
total
19 549
-
12 962
-
Corporate
-
57 500
-
-
income
-
11 501
-
-
surtax
-
230
-
-
total
-
11 731
-
-
Dividends
-
45 769
-
-
withholding

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

-
13 389
-
-
total
-
13 389
-
-
Income
57 500
57 500
57 500
57 500
Total tax
52 475
25 120
33 050
27 133
After tax
5 025
32 380
24 450
30 367
Living cost
34 233
34 233
34 233
34 233
Free-cash
-29 208
-1 853
-9 783
-3 866

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4917
-₽2055
-₽2462
-₽4133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 806
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 272
total
-
-
-
26 055
Employee
46 735
-
43 599
-
other
46
-
43
-
unemployment
725
-
675
-
pensions
2 197
-
2 049
-
income
9 861
-
8 981
-
total
12 829
-
11 748
-
Employer
46 735
-
43 599
-
pensions
11 029
-
10 289
-
accident
925
-
864
-
unemployment
2 571
-
2 398
-
other
372
-
349
-
total
14 897
-
13 900
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 051
-
-
total
-
10 051
-
-
Income
57 500
57 500
57 500
57 500
Total tax
27 726
18 676
25 648
26 055
After tax
29 774
38 824
31 852
31 445
Living cost
33 907
33 907
33 907
33 907
Free-cash
-4 133
4 917
-2 055
-2 462

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15014
-₽12142
-₽13270
-₽22095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
communal
-
-
-
-
accident
-
-
-
517
income
-
-
-
2 674
surtax
-
-
-
3 043
health
-
-
-
4 312
pensions
-
-
-
9 201
total
-
-
-
19 747
Employee
71 101
-
51 364
-
pensions
5 687
-
4 109
-
surtax
4 358
-
3 148
-
income
6 868
-
2 940
-
health
3 164
-
2 286
-
total
20 077
-
12 483
-
Employer
71 101
-
51 364
-
health
2 168
-
1 566
-
pensions
5 687
-
4 109
-
accident
640
-
461
-
total
8 495
-
6 136
-
Corporate
-
57 500
-
-
communal
-
3 881
-
-
income
-
8 625
-
-
surtax
-
604
-
-
total
-
13 110
-
-
Dividends
-
44 390
-
-
income
-
1 723
-
-
withholding
-
6 658
-
-
total
-
8 381
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 572
21 491
18 619
19 747
After tax
28 928
36 009
38 881
37 753
Living cost
51 023
51 023
51 023
51 023
Free-cash
-22 095
-15 014
-12 142
-13 270

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15080
₽9864
₽11110
₽12092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 887
other
-
-
-
-
surtax
-
-
-
616
unemployment
-
-
-
214
health
-
-
-
4 084
pensions
-
-
-
11 501
total
-
-
-
25 302
Employee
31 618
-
47 501
-
other
-
-
-
-
unemployment
2 200
-
3 307
-
pensions
2 110
-
3 168
-
surtax
112
-
522
-
income
5 301
-
8 340
-
health
807
-
1 212
-
total
10 530
-
16 549
-
Employer
31 618
-
47 501
-
health
1 438
-
2 161
-
pensions
4 216
-
6 332
-
unemployment
1 003
-
1 506
-
other
-
-
-
-
total
6 657
-
9 999
-
Corporate
19 225
57 500
-
-
income
4 999
14 950
-
-
total
4 999
14 950
-
-
Dividends
14 226
42 550
-
-
withholding
2 134
6 382
-
-
total
2 134
6 382
-
-
Income
57 500
57 500
57 500
57 500
Total tax
24 320
21 332
26 548
25 302
After tax
33 180
36 168
30 952
32 198
Living cost
21 088
21 088
21 088
21 088
Free-cash
12 092
15 080
9 864
11 110

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4933
₽2522
₽5748
₽2848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 790
regional
-
-
-
867
municipal
-
-
-
342
national
-
-
-
10 462
total
-
-
-
26 461
Employee
52 081
-
57 500
-
municipal
276
-
305
-
national
8 251
-
9 220
-
regional
701
-
774
-
social contributions
17 562
-
19 388
-
total
26 790
-
29 687
-
Employer
52 081
-
57 500
-
total
-
-
-
-
Corporate
5 419
57 500
-
-
municipal
269
2 858
-
-
nationa
1 301
13 799
-
-
total
1 570
16 657
-
-
Dividends
3 849
40 843
-
-
withholding
1 001
10 619
-
-
total
1 001
10 619
-
-
Income
57 500
57 500
57 500
57 500
Total tax
29 361
27 276
29 687
26 461
After tax
28 139
30 224
27 813
31 039
Living cost
25 291
25 291
25 291
25 291
Free-cash
2 848
4 933
2 522
5 748

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11259
₽849
-₽324
₽1152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
4 942
social contributions
-
-
-
16 790
solidarity contribution
-
-
-
-
health
-
-
-
7 762
total
-
-
-
29 494
Employee
41 662
-
42 910
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
2 789
-
income
4 999
-
5 149
-
health
5 624
-
5 793
-
total
13 331
-
13 731
-
Employer
41 662
-
42 910
-
health
3 750
-
3 862
-
social contributions
10 416
-
10 728
-
total
14 166
-
14 590
-
Corporate
1 673
57 500
-
-
income
318
10 925
-
-
total
318
10 925
-
-
Dividends
1 355
46 575
-
-
withholding
203
6 986
-
-
total
203
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
28 018
17 911
28 321
29 494
After tax
29 482
39 589
29 179
28 006
Living cost
28 330
28 330
28 330
28 330
Free-cash
1 152
11 259
849
-324

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2992
-₽8352
₽1781
₽2527
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 741
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
230
health
-
-
-
4 399
pensions
-
-
-
10 637
total
-
-
-
25 765
Employee
41 041
37 416
44 650
-
other
410
374
447
-
unemployment
1 231
1 122
1 340
-
pensions
4 203
3 831
4 572
-
income
3 656
2 760
4 691
-
health
1 587
1 449
1 728
-
total
11 087
9 536
12 778
-
Employer
41 041
37 416
44 650
-
chamber of commerce
164
150
178
-
health
1 552
1 415
1 687
-
pensions
5 151
4 697
5 603
-
accident
533
486
581
-
unemployment
1 231
1 122
1 340
-
surtax
-
-
-
-
payroll
1 231
1 122
1 340
-
other
1 949
1 776
2 120
-
total
11 811
10 768
12 849
-
Corporate
4 648
9 316
41 087
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

1 162
2 329
10 271
-
total
1 162
2 329
10 271
-
Dividends
3 486
6 987
-
-
withholding
959
1 921
-
-
total
959
1 921
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 019
24 554
35 898
25 765
After tax
32 481
32 946
21 602
31 735
Living cost
29 954
29 954
29 954
29 954
Free-cash
2 527
2 992
-8 352
1 781

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42858
₽34233
₽45158
₽40652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
57 500
-
income
2 942
-
11 500
-
total
2 942
-
11 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

42 791
57 500
-
-
total
-
-
-
-
Dividends
42 791
57 500
-
-
withholding
2 139
2 875
-
-
total
2 139
2 875
-
-
Income
57 500
57 500
57 500
57 500
Total tax
5 081
2 875
11 500
575
After tax
52 419
54 625
46 000
56 925
Living cost
11 767
11 767
11 767
11 767
Free-cash
40 652
42 858
34 233
45 158

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14406
₽4515
₽6162
₽6554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 911
unemployment
-
-
-
86
health
-
-
-
5 657
pensions
-
-
-
10 501
total
-
-
-
26 155
Employee

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

41 517
-
49 753
-
unemployment
59
-
69
-
pensions
6 435
-
7 711
-
income
7 160
-
9 061
-
health
2 681
-
3 214
-
total
16 335
-
20 055
-
Employer

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

41 517
-
49 753
-
health
2 765
-
3 314
-
pensions
3 674
-
4 403
-
unemployment
25
-
30
-
total
6 464
-
7 747
-
Corporate
9 519
57 500
-
-
income
1 808
10 925
-
-
total
1 808
10 925
-
-
Dividends
7 710
46 575
-
-
withholding
1 156
6 986
-
-
total
1 156
6 986
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 763
17 911
27 802
26 155
After tax
31 737
39 589
29 698
31 345
Living cost
25 183
25 183
25 183
25 183
Free-cash
6 554
14 406
4 515
6 162

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5118
₽5173
-₽364
-₽81073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
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
98 472
22 517
12 226
17 763
After tax
-40 972
34 983
45 274
39 737
Living cost
40 101
40 101
40 101
40 101
Free-cash
-81 073
-5 118
5 173
-364

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3255
₽1897
₽3595
₽2312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 473
surtax
-
-
-
-
social contributions

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

-
-
-
19 982
total
-
-
-
24 455
Employee
43 181
-
46 464
-
surtax
-
-
-
-
social contributions
4 750
-
5 112
-
income
8 982
-
10 005
-
total
13 732
-
15 117
-
Employer
43 181
-
46 464
-
social contributions
10 255
-
11 036
-
total
10 255
-
11 036
-
Corporate
4 063
57 500
-
-
income
853
12 075
-
-
surtax
-
-
-
-
total
853
12 075
-
-
Dividends
3 210
45 425
-
-
withholding
898
12 720
-
-
total
898
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 738
24 795
26 153
24 455
After tax
31 762
32 705
31 347
33 045
Living cost
29 450
29 450
29 450
29 450
Free-cash
2 312
3 255
1 897
3 595

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16366
-₽10545
-₽10970
-₽19669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 753
other
-
-
-
1 782
surtax
-
-
-
-
social contributions
-
-
-
1 639
health
-
-
-
497
pensions
-
-
-
16 452
total
-
-
-
23 123
Employee
58 804
-
43 817
-
pensions
6 651
-
4 955
-
surtax
-
-
-
-
social contributions
1 675
-
1 249
-
income
5 131
-
2 810
-
total
13 457
-
9 014
-
Employer
58 804
-
43 817
-
health
4 116
-
3 066
-
pensions
9 662
-
7 200
-
unemployment
2 382
-
1 775
-
social contributions
176
-
132
-
other
2 029
-
1 511
-
total
18 365
-
13 684
-
Corporate
-
57 500
-
-
income
-
16 099
-
-
surtax
-
-
-
-
total
-
16 099
-
-
Dividends
-
41 401
-
-
surtax
-
-
-
-
social contributions
-
7 121
-
-
withholding
-
5 299
-
-
total
-
12 420
-
-
Income
57 500
57 500
57 500
57 500
Total tax
31 822
28 519
22 698
23 123
After tax
25 678
28 981
34 802
34 377
Living cost
45 347
45 347
45 347
45 347
Free-cash
-19 669
-16 366
-10 545
-10 970

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23528
₽18136
₽16523
₽20372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
105
social contributions
-
-
-
12 650
total
-
-
-
12 755
Employee
30 184
-
49 783
-
income
-
-
189
-
social contributions
1 962
-
3 236
-
total
1 962
-
3 425
-
Employer
30 184
-
49 783
-
social contributions
4 679
-
7 717
-
total
4 679
-
7 717
-
Corporate
22 637
57 500
-
-
income
2 265
5 750
-
-
total
2 265
5 750
-
-
Dividends
20 373
51 750
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
8 906
5 750
11 142
12 755
After tax
48 594
51 750
46 358
44 745
Living cost
28 222
28 222
28 222
28 222
Free-cash
20 372
23 528
18 136
16 523

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽147058
-₽147058
-₽8123
-₽147058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
labour market
-
-
-
4 535
municipal
-
-
-
9 514
national
-
-
-
5 544
pensions
-
-
-
814
total
-
-
-
20 407
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
159 342
159 342
159 342
20 407
After tax
-101 842
-101 842
-101 842
37 093
Living cost
45 216
45 216
45 216
45 216
Free-cash
-147 058
-147 058
-147 058
-8 123

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15965
₽9593
₽19081
₽1494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
11 170
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
17 797
Employee
32 441
-
47 766
-
pensions
3 653
-
5 378
-
income
4 450
-
6 704
-
health
3 715
-
5 469
-
total
11 818
-
17 551
-
Employer
32 441
-
47 766
-
pensions
5 275
-
7 766
-
accident
542
-
798
-
unemployment
795
-
1 170
-
total
6 612
-
9 734
-
Corporate
18 448
57 500
-
-
income

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

16 603
51 750
-
-
total
16 603
51 750
-
-
Dividends
1 845
5 750
-
-
withholding
351
1 093
-
-
total
351
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
35 384
52 843
27 285
17 797
After tax
22 116
4 657
30 215
39 703
Living cost
20 622
20 622
20 622
20 622
Free-cash
1 494
-15 965
9 593
19 081

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3555
-₽702
₽8039
-₽1218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 500
health
-
-
-
494
municipal
-
-
-
10 261
national
-
-
-
2 660
total
-
-
-
13 415
Employee
49 396
-
48 372
-
municipal
8 091
-
7 925
-
unemployment
741
-
725
-
pensions
3 334
-
3 266
-
national
816
-
761
-
health
369
-
353
-
total
13 351
-
13 030
-
Employer
49 396
-
48 372
-
health
380
-
372
-
pensions
8 570
-
8 392
-
accident
50
-
48
-
unemployment
321
-
314
-
total
9 321
-
9 126
-
Corporate
-
57 500
-
-
income
-
11 501
-
-
total
-
11 501
-
-
Dividends

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

-
34 499
-
-
municipal
-
6 209
-
-
national
-
189
-
-
total
-
6 398
-
-
Income
57 500
57 500
57 500
57 500
Total tax
22 672
17 899
22 156
13 415
After tax
34 828
39 601
35 344
44 085
Living cost
36 046
36 046
36 046
36 046
Free-cash
-1 218
3 555
-702
8 039

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14531
₽17961
₽22861
₽15450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 464
social contributions
-
-
-
8 971
health
-
-
-
1 466
total
-
-
-
12 901
Employee
72 195
72 195
72 195
-
social contributions
2 730
5 992
4 333
-
income
7 861
6 683
7 282
-
health
559
1 228
887
-
total
11 150
13 903
12 502
-
Employer
72 195
72 195
72 195
-
health
608
1 336
966
-
social contributions
2 730
5 992
4 333
-
total
3 338
7 328
5 299
-
Corporate
21 275
-
-
-
income
2 660
-
-
-
total
2 660
-
-
-
Dividends
18 615
-
-
-
withholding
3 164
-
-
-
total
3 164
-
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 312
21 231
17 801
12 901
After tax
37 188
36 269
39 699
44 599
Living cost
21 738
21 738
21 738
21 738
Free-cash
15 450
14 531
17 961
22 861

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32708
₽20687
₽28236
₽27932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 960
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
14 357
Employee

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

21 550
-
52 132
-
unemployment
107
-
260
-
pensions
3 232
-
7 820
-
income
1 473
-
4 027
-
health
1 832
-
4 431
-
total
6 644
-
16 538
-
Employer

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

21 550
-
52 132
-
health
926
-
2 241
-
pensions
1 185
-
2 867
-
unemployment
107
-
260
-
total
2 218
-
5 368
-
Corporate
33 731
57 500
-
-
income
3 036
5 176
-
-
total
3 036
5 176
-
-
Dividends
30 695
52 324
-
-
withholding
2 763
4 709
-
-
total
2 763
4 709
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 661
9 885
21 906
14 357
After tax
42 839
47 615
35 594
43 143
Living cost
14 907
14 907
14 907
14 907
Free-cash
27 932
32 708
20 687
28 236

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13006
₽6034
₽5627
₽8068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 806
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 272
total
-
-
-
26 055
Employee
34 716
-
43 599
-
other
34
-
43
-
unemployment
538
-
675
-
pensions
1 632
-
2 049
-
income
6 693
-
8 981
-
total
8 897
-
11 748
-
Employer
34 716
-
43 599
-
pensions
8 192
-
10 289
-
accident
688
-
864
-
unemployment
1 910
-
2 398
-
other
278
-
349
-
total
11 068
-
13 900
-
Corporate
11 716
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.

1 757
8 625
-
-
total
1 757
8 625
-
-
Dividends
9 959
48 875
-
-
withholding
1 892
10 051
-
-
total
1 892
10 051
-
-
Income
57 500
57 500
57 500
57 500
Total tax
23 614
18 676
25 648
26 055
After tax
33 886
38 824
31 852
31 445
Living cost
25 818
25 818
25 818
25 818
Free-cash
8 068
13 006
6 034
5 627

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33983
₽34230
₽34364
₽33671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 852
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
21 239
Employee
2 889
-
55 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
18 779
-
health
144
-
346
-
total
992
-
19 817
-
Employer
2 889
-
55 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
53 960
57 500
-
-
income
11 871
12 650
-
-
total
11 871
12 650
-
-
Dividends
42 089
44 850
-
-
withholding
8 418
8 970
-
-
total
8 418
8 970
-
-
Income
57 500
57 500
57 500
57 500
Total tax
21 932
21 620
21 373
21 239
After tax
35 568
35 880
36 127
36 261
Living cost
1 897
1 897
1 897
1 897
Free-cash
33 671
33 983
34 230
34 364

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25299
₽14582
₽12108
₽20674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 412
unemployment
-
-
-
863
health
-
-
-
5 922
pensions
-
-
-
14 950
total
-
-
-
29 147
Employee

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

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

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

24 497
-
48 770
-
unemployment
184
-
366
-
pensions
3 430
-
6 828
-
income
3 377
-
8 237
-
health
1 262
-
2 512
-
total
8 253
-
17 943
-
Employer

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

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

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

24 497
-
48 770
-
health
1 262
-
2 512
-
pensions
2 940
-
5 852
-
unemployment
184
-
366
-
total
4 386
-
8 730
-
Corporate
28 618
57 500
-
-
income
4 293
8 625
-
-
total
4 293
8 625
-
-
Dividends
24 326
48 875
-
-
withholding
3 649
7 331
-
-
total
3 649
7 331
-
-
Income
57 500
57 500
57 500
57 500
Total tax
20 581
15 956
26 673
29 147
After tax
36 919
41 544
30 827
28 353
Living cost
16 245
16 245
16 245
16 245
Free-cash
20 674
25 299
14 582
12 108

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7394
₽6036
₽7734
₽7057
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 473
surtax
-
-
-
-
social contributions

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

-
-
-
19 982
total
-
-
-
24 455
Employee
36 440
-
46 464
-
surtax
-
-
-
-
social contributions
4 009
-
5 112
-
income
7 120
-
10 005
-
total
11 129
-
15 117
-
Employer
36 440
-
46 464
-
social contributions
8 654
-
11 036
-
total
8 654
-
11 036
-
Corporate
12 406
57 500
-
-
income
2 605
12 075
-
-
surtax
-
-
-
-
total
2 605
12 075
-
-
Dividends
9 801
45 425
-
-
withholding
2 744
12 720
-
-
total
2 744
12 720
-
-
Income
57 500
57 500
57 500
57 500
Total tax
25 132
24 795
26 153
24 455
After tax
32 368
32 705
31 347
33 045
Living cost
25 312
25 312
25 312
25 312
Free-cash
7 057
7 394
6 036
7 734

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5828
-₽1144
-₽1551
-₽2301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 806
other
-
-
-
57
unemployment
-
-
-
403
pensions
-
-
-
16 272
total
-
-
-
26 055
Employee
45 344
-
43 599
-
other
45
-
43
-
unemployment
702
-
675
-
pensions
2 131
-
2 049
-
income
9 471
-
8 981
-
total
12 349
-
11 748
-
Employer
45 344
-
43 599
-
pensions
10 701
-
10 289
-
accident
898
-
864
-
unemployment
2 494
-
2 398
-
other
363
-
349
-
total
14 456
-
13 900
-
Corporate
-
57 500
-
-
income

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

-
8 625
-
-
total
-
8 625
-
-
Dividends
-
48 875
-
-
withholding
-
10 051
-
-
total
-
10 051
-
-
Income
57 500
57 500
57 500
57 500
Total tax
26 805
18 676
25 648
26 055
After tax
30 695
38 824
31 852
31 445
Living cost
32 996
32 996
32 996
32 996
Free-cash
-2 301
5 828
-1 144
-1 551

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33012
₽25058
₽23967
₽27288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
income
-
-
-
8 625
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
17 382
Employee
21 387
-
51 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
5 106
-
health
984
-
1 509
-
total
5 236
-
9 856
-
Employer
21 387
-
51 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
31 917
57 500
-
-
income
3 192
5 750
-
-
total
3 192
5 750
-
-
Dividends
28 725
51 750
-
-
withholding
1 437
2 587
-
-
total
1 437
2 587
-
-
Income
57 500
57 500
57 500
57 500
Total tax
14 061
8 337
16 291
17 382
After tax
43 439
49 163
41 209
40 118
Living cost
16 151
16 151
16 151
16 151
Free-cash
27 288
33 012
25 058
23 967

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6478
₽7496
₽5509
₽5803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
57 500
income

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

-
-
-
6 959
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.

-
-
-
383
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.

-
-
-
6 414
trade
-
-
-
1 987
total
-
-
-
15 743
Employee

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

46 715
-
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.

212
-
383
-
income

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

3 841
-
6 959
-
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.

6 414
-
6 414
-
total
10 467
-
13 756
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 785
57 500
-
-
income
1 618
8 625
-
-
surtax

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

89
474
-
-
chamber of commerce
159
226
-
-
trade
1 548
8 251
-
-
total
3 414
17 576
-
-
Dividends
7 371
39 924
-
-
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.

82
529
-
-
withholding
1 486
9 625
-
-
total
1 568
10 154
-
-
Income
57 500
57 500
57 500
57 500
Total tax
15 449
27 730
13 756
15 743
After tax
42 051
29 770
43 744
41 757
Living cost
36 248
36 248
36 248
36 248
Free-cash
5 803
-6 478
7 496
5 509

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13233
-₽8891
-₽8891
-₽15942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 561
social contributions
-
-
-
4 347
total
-
-
-
12 908
Employee
73 441
-
57 500
-
income
13 858
-
8 561
-
social contributions
6 101
-
4 347
-
total
19 959
-
12 908
-
Employer
73 441
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
income
-
7 187
-
-
total
-
7 187
-
-
Dividends
-
50 313
-
-
withholding
-
10 063
-
-
total
-
10 063
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 959
17 250
12 908
12 908
After tax
37 541
40 250
44 592
44 592
Living cost
53 483
53 483
53 483
53 483
Free-cash
-15 942
-13 233
-8 891
-8 891

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1666
₽7580
-₽8987
₽3772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
57 500
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
53 181
-
income
4 673
-
7 200
-
social contributions
4 315
-
4 319
-
total
8 988
-
11 519
-
Employer
43 070
-
53 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
10 115
57 500
-
-
income
3 540
20 124
-
-
total
3 540
20 124
-
-
Dividends
6 574
37 376
-
-
social contributions
2 803
4 960
-
-
total
2 803
4 960
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 646
25 084
15 838
32 405
After tax
37 854
32 416
41 662
25 095
Living cost
34 082
34 082
34 082
34 082
Free-cash
3 772
-1 666
7 580
-8 987

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8095
₽2203
₽8132
₽2778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 779
pensions
-
-
-
3 601
total
-
-
-
14 380
Employee
48 026
-
51 233
-
pensions
3 666
-
4 051
-
income
8 746
-
9 298
-
health
626
-
693
-
total
13 038
-
14 042
-
Employer
48 026
-
51 233
-
health
913
-
973
-
pensions
4 852
-
5 294
-
total
5 765
-
6 267
-
Corporate
3 709
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.

705
10 924
-
-
total
705
10 924
-
-
Dividends
3 004
46 576
-
-
withholding
226
3 493
-
-
total
226
3 493
-
-
Income
57 500
57 500
57 500
57 500
Total tax
19 734
14 417
20 309
14 380
After tax
37 766
43 083
37 191
43 120
Living cost
34 988
34 988
34 988
34 988
Free-cash
2 778
8 095
2 203
8 132

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18007
₽7551
₽17039
₽1182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
11 170
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
17 797
Employee
35 652
-
47 766
-
pensions
4 014
-
5 378
-
income
4 891
-
6 704
-
health
4 082
-
5 469
-
total
12 987
-
17 551
-
Employer
35 652
-
47 766
-
pensions
5 797
-
7 766
-
accident
595
-
798
-
unemployment
873
-
1 170
-
total
7 265
-
9 734
-
Corporate
14 583
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.

13 125
51 750
-
-
total
13 125
51 750
-
-
Dividends
1 458
5 750
-
-
withholding
277
1 093
-
-
total
277
1 093
-
-
Income
57 500
57 500
57 500
57 500
Total tax
33 654
52 843
27 285
17 797
After tax
23 846
4 657
30 215
39 703
Living cost
22 664
22 664
22 664
22 664
Free-cash
1 182
-18 007
7 551
17 039

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36188
₽21153
₽21153
₽31621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
57 500
income
-
-
-
7 848
unemployment
-
-
-
690
work injury
-
-
-
287
health insurance
-
-
-
4 255
pensions
-
-
-
10 580
total
-
-
-
23 660
Employee

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

20 298
-
57 500
-
health insurance
1 502
-
4 255
-
unemployment
244
-
690
-
work injury
101
-
287
-
pensions
3 735
-
10 580
-
income
2 030
-
7 848
-
total
7 612
-
23 660
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 202
57 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
37 202
57 500
-
-
withholding
5 580
8 625
-
-
total
5 580
8 625
-
-
Income
57 500
57 500
57 500
57 500
Total tax
13 192
8 625
23 660
23 660
After tax
44 308
48 875
33 840
33 840
Living cost
12 687
12 687
12 687
12 687
Free-cash
31 621
36 188
21 153
21 153

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7116
-₽9627
-₽6439
-₽21616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
57 500
social contributions
-
-
-
14 790
regional
-
-
-
899
municipal
-
-
-
385
national
-
-
-
10 462
total
-
-
-
26 536
Employee
79 116
-
57 500
-
municipal
472
-
344
-
national
13 370
-
9 220
-
regional
1 194
-
772
-
social contributions
26 677
-
19 388
-
total
41 713
-
29 724
-
Employer
79 116
-
57 500
-
total
-
-
-
-
Corporate
-
57 500
-
-
municipal
-
2 772
-
-
nationa
-
13 799
-
-
total
-
16 571
-
-
Dividends
-
40 928
-
-
withholding
-
10 642
-
-
total
-
10 642
-
-
Income
57 500
57 500
57 500
57 500
Total tax
41 713
27 213
29 724
26 536
After tax
15 787
30 287
27 776
30 964
Living cost
37 403
37 403
37 403
37 403
Free-cash
-21 616
-7 116
-9 627
-6 439

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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