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
₽ 58000
per

Your estimated
City
free-cash

Dresden , Germany
-₽1115
₽10045
₽12100
₽13846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
trade
-
-
-
1 746
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.

-
-
-
6 346
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.

-
-
-
6 894
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.

-
-
-
349
total
-
-
-
15 335
Employee

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

38 597
-
58 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
349
-
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.

1 078
-
6 346
-
total
8 031
-
13 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 403
58 000
-
-
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.

161
479
-
-
income
2 911
8 700
-
-
trade
3 056
9 134
-
-
chamber of commerce
182
237
-
-
total
6 310
18 550
-
-
Dividends
13 093
39 450
-
-
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.

159
521
-
-
withholding
2 890
9 479
-
-
total
3 049
10 000
-
-
Income
58 000
58 000
58 000
58 000
Total tax
17 390
28 550
13 589
15 335
After tax
40 610
29 450
44 411
42 665
Living cost
30 565
30 565
30 565
30 565
Free-cash
10 045
-1 115
13 846
12 100

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14798
-₽28218
-₽14621
-₽14166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
5 510
pensions
-
-
-
6 960
national
-
-
-
8 538
social contributions
-
-
-
623
total
-
-
-
21 631
Employee
79 044
-
50 140
-
municipal
9 763
-
5 734
-
pensions
3 162
-
2 006
-
national
15 129
-
8 886
-
total
28 054
-
16 626
-
Employer
79 044
-
50 140
-
social contributions
850
-
539
-
pensions
6 324
-
4 011
-
total
7 174
-
4 550
-
Corporate
-
58 000
-
-
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%.

-
11 600
-
-
total
-
11 600
-
-
Dividends
-
46 400
-
-
withholding
-
10 208
-
-
total
-
10 208
-
-
Income
58 000
58 000
58 000
58 000
Total tax
35 228
21 808
21 176
21 631
After tax
22 772
36 192
36 824
36 369
Living cost
50 990
50 990
50 990
50 990
Free-cash
-28 218
-14 798
-14 166
-14 621

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25407
₽17128
₽25129
₽12186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
microenterprise
-
-
-
8 700
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
11 877
Employee
29 487
-
46 740
-
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.

3 244
-
5 142
-
surtax
-
-
-
-
income
5 249
-
8 418
-
total
8 493
-
13 560
-
Employer
29 487
-
46 740
-
social contributions

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

7 103
-
11 260
-
surtax
-
-
-
-
total
7 103
-
11 260
-
Corporate
21 410
58 000
-
-
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%.

4 282
11 599
-
-
total
4 282
11 599
-
-
Dividends

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

17 129
46 401
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
19 878
11 599
24 820
11 877
After tax
38 122
46 401
33 180
46 123
Living cost
20 994
20 994
20 994
20 994
Free-cash
17 128
25 407
12 186
25 129

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36542
-₽42206
-₽9110
-₽42206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
5 495
pensions
-
-
-
10 439
health
-
-
-
8 903
total
-
-
-
24 837
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
57 933
52 269
57 933
24 837
After tax
67
5 731
67
33 163
Living cost
42 273
42 273
42 273
42 273
Free-cash
-42 206
-36 542
-42 206
-9 110

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7321
-₽15013
-₽10077
-₽8016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
12 285
accident
-
-
-
116
pensions
-
-
-
6 270
other
-
-
-
6 740
unemployment
-
-
-
58
health
-
-
-
3 619
national
-
-
-
-
total
-
-
-
29 088
Employee
55 556
-
44 133
-
municipal
16 567
-
13 161
-
national
-
-
-
-
total
16 567
-
13 161
-
Employer
55 556
-
44 133
-
accident
111
-
88
-
other
6 456
-
5 128
-
unemployment
1 467
-
1 165
-
pensions
6 006
-
4 771
-
health
3 417
-
2 714
-
total
17 457
-
13 866
-
Corporate
-
58 000
-
-
income
-
12 760
-
-
total
-
12 760
-
-
Dividends
-
45 240
-
-
withholding
-
13 572
-
-
total
-
13 572
-
-
Income
58 000
58 000
58 000
58 000
Total tax
34 024
26 332
27 027
29 088
After tax
23 976
31 668
30 973
28 912
Living cost
38 989
38 989
38 989
38 989
Free-cash
-15 013
-7 321
-8 016
-10 077

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10490
₽3688
₽2946
₽4769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
trade
-
-
-
1 823
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.

-
-
-
6 346
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.

-
-
-
6 894
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.

-
-
-
349
total
-
-
-
15 412
Employee

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

51 174
-
58 000
-
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.

6 894
-
6 894
-
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.

241
-
349
-
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.

4 397
-
6 346
-
total
11 532
-
13 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 826
58 000
-
-
surtax

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

56
479
-
-
income
1 025
8 700
-
-
trade
1 122
9 540
-
-
chamber of commerce
163
236
-
-
total
2 366
18 955
-
-
Dividends
4 461
39 045
-
-
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.

40
515
-
-
withholding
732
9 378
-
-
total
772
9 893
-
-
Income
58 000
58 000
58 000
58 000
Total tax
14 670
28 848
13 589
15 412
After tax
43 330
29 152
44 411
42 588
Living cost
39 642
39 642
39 642
39 642
Free-cash
3 688
-10 490
4 769
2 946

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2451
₽5785
₽12717
₽6730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
2 026
health
-
-
-
1 478
social contributions
-
-
-
9 048
total
-
-
-
12 552
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 370
-
health
772
1 319
894
-
income
8 148
7 183
7 930
-
total
12 691
14 942
13 194
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
4 370
-
health
841
1 436
975
-
total
4 612
7 876
5 345
-
Corporate
7 967
-
-
-
income
996
-
-
-
total
996
-
-
-
Dividends
6 972
-
-
-
withholding
1 185
-
-
-
total
1 185
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
19 484
22 818
18 539
12 552
After tax
38 516
35 182
39 461
45 448
Living cost
32 731
32 731
32 731
32 731
Free-cash
5 785
2 451
6 730
12 717

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14498
₽14878
₽21844
₽15289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
7 091
pensions
-
-
-
5 800
unemployment
-
-
-
870
health
-
-
-
4 060
total
-
-
-
17 821
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
48 536
-
health
1 853
737
3 397
-
income
3 236
1 288
5 933
-
pensions
2 647
1 053
4 854
-
unemployment
397
158
728
-
total
8 133
3 236
14 912
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
48 536
-
pensions
5 161
2 054
9 464
-
total
5 161
2 054
9 464
-
Corporate
26 372
45 413
-
-
income
2 374
4 087
-
-
total
2 374
4 087
-
-
Dividends
23 999
41 326
-
-
social contributions
4 559
7 938
-
-
withholding
4 560
7 852
-
-
total
9 119
15 790
-
-
Income
58 000
58 000
58 000
58 000
Total tax
24 787
25 167
24 376
17 821
After tax
33 213
32 833
33 624
40 179
Living cost
18 335
18 335
18 335
18 335
Free-cash
14 878
14 498
15 289
21 844

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22027
₽15756
₽7759
₽9775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
6 729
pensions
-
-
-
11 599
health
-
-
-
7 539
total
-
-
-
25 867
Employee
28 627
-
43 348
-
income
3 223
-
7 639
-
pensions
573
-
867
-
unemployment
458
-
693
-
total
4 254
-
9 199
-
Employer
28 627
-
43 348
-
unemployment
230
-
347
-
pensions
5 726
-
8 669
-
health
3 721
-
5 636
-
total
9 677
-
14 652
-
Corporate
19 697
58 000
-
-
income
3 939
11 599
-
-
total
3 939
11 599
-
-
Dividends
15 757
46 401
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
17 870
11 599
23 851
25 867
After tax
40 130
46 401
34 149
32 133
Living cost
24 374
24 374
24 374
24 374
Free-cash
15 756
22 027
9 775
7 759

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17373
₽1312
₽18006
₽8558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
253
income
-
-
-
10 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 923
Employee
34 719
-
48 181
-
health
3 975
-
5 517
-
income
4 763
-
6 610
-
pensions
3 909
-
5 425
-
total
12 647
-
17 552
-
Employer
34 719
-
48 181
-
accident
580
-
805
-
unemployment
851
-
1 180
-
pensions
5 646
-
7 834
-
total
7 077
-
9 819
-
Corporate
16 206
58 000
-
-
income

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

14 585
52 200
-
-
total
14 585
52 200
-
-
Dividends
1 621
5 800
-
-
withholding
308
1 102
-
-
total
308
1 102
-
-
Income
58 000
58 000
58 000
58 000
Total tax
34 617
53 302
27 371
17 923
After tax
23 383
4 698
30 629
40 077
Living cost
22 071
22 071
22 071
22 071
Free-cash
1 312
-17 373
8 558
18 006

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46021
₽44320
₽48341
₽37321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
58 000
microenterprise

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

-
-
-
580
total
-
-
-
580
Employee
11 349
-
58 000
-
income
2 269
-
11 600
-
total
2 269
-
11 600
-
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%.

46 651
58 000
-
-
total
-
-
-
-
Dividends
46 651
58 000
-
-
withholding
2 332
2 900
-
-
total
2 332
2 900
-
-
Income
58 000
58 000
58 000
58 000
Total tax
4 601
2 900
11 600
580
After tax
53 399
55 100
46 400
57 420
Living cost
9 079
9 079
9 079
9 079
Free-cash
44 320
46 021
37 321
48 341

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15724
₽8909
₽4515
₽7106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
7 367
pensions

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

-
-
-
13 920
other
-
-
-
2 756
health
-
-
-
2 553
total
-
-
-
26 596
Employee
36 640
-
46 324
-
health
513
-
649
-
income
6 308
-
7 974
-
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.

2 564
-
3 244
-
unemployment
366
-
463
-
total
9 751
-
12 330
-
Employer
36 640
-
46 324
-
accident
293
-
372
-
other
1 833
-
2 315
-
unemployment
366
-
463
-
pensions

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

6 229
-
7 876
-
health
513
-
649
-
total
9 234
-
11 675
-
Corporate
12 126
58 000
-
-
income
2 547
12 179
-
-
total
2 547
12 179
-
-
Dividends
9 579
45 821
-
-
withholding
670
3 208
-
-
total
670
3 208
-
-
Income
58 000
58 000
58 000
58 000
Total tax
22 202
15 387
24 005
26 596
After tax
35 798
42 613
33 995
31 404
Living cost
26 889
26 889
26 889
26 889
Free-cash
8 909
15 724
7 106
4 515

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽24267
-₽50950
-₽24146
-₽30004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
10 894
pensions
-
-
-
3 530
total
-
-
-
14 424
Employee
95 816
-
51 780
-
health
1 579
-
676
-
income
17 272
-
9 429
-
pensions
9 244
-
3 958
-
total
28 095
-
14 063
-
Employer
95 816
-
51 780
-
pensions
11 313
-
5 236
-
health
1 820
-
983
-
total
13 133
-
6 219
-
Corporate
-
58 000
-
-
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.

-
11 021
-
-
total
-
11 021
-
-
Dividends
-
46 979
-
-
withholding
-
3 524
-
-
total
-
3 524
-
-
Income
58 000
58 000
58 000
58 000
Total tax
41 228
14 545
20 282
14 424
After tax
16 772
43 455
37 718
43 576
Living cost
67 722
67 722
67 722
67 722
Free-cash
-50 950
-24 267
-30 004
-24 146

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽36351
₽31660
₽26644
₽27625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 700
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 117
Employee
17 531
-
51 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 108
-
pensions

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

1 539
-
3 097
-
total
4 291
-
10 215
-
Employer
17 531
-
51 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
37 029
58 000
-
-
income
3 703
5 800
-
-
total
3 703
5 800
-
-
Dividends
33 327
52 200
-
-
withholding
1 667
2 610
-
-
total
1 667
2 610
-
-
Income
58 000
58 000
58 000
58 000
Total tax
13 101
8 410
17 136
18 117
After tax
44 899
49 590
40 864
39 883
Living cost
13 239
13 239
13 239
13 239
Free-cash
31 660
36 351
27 625
26 644

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽50226
-₽51937
-₽22794
-₽55890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
5 495
pensions
-
-
-
10 439
health
-
-
-
8 903
total
-
-
-
24 837
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
53 980
52 269
57 933
24 837
After tax
4 020
5 731
67
33 163
Living cost
55 957
55 957
55 957
55 957
Free-cash
-51 937
-50 226
-55 890
-22 794

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15766
₽7143
₽4082
₽5267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
4 985
health
-
-
-
7 830
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 936
total
-
-
-
29 751
Employee
35 540
-
43 284
-
social contributions
2 310
-
2 813
-
health
4 798
-
5 843
-
solidarity contribution
-
-
-
-
income
4 265
-
5 194
-
total
11 373
-
13 850
-
Employer
35 540
-
43 284
-
social contributions
8 885
-
10 821
-
health
3 199
-
3 895
-
total
12 084
-
14 716
-
Corporate
10 377
58 000
-
-
income
1 972
11 020
-
-
total
1 972
11 020
-
-
Dividends
8 405
46 980
-
-
withholding
1 261
7 047
-
-
total
1 261
7 047
-
-
Income
58 000
58 000
58 000
58 000
Total tax
26 690
18 067
28 566
29 751
After tax
31 310
39 933
29 434
28 249
Living cost
24 167
24 167
24 167
24 167
Free-cash
7 143
15 766
5 267
4 082

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11636
-₽31683
-₽10906
-₽14184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
345
regional
-
-
-
579
national
-
-
-
10 483
social contributions
-
-
-
14 918
total
-
-
-
26 325
Employee
89 684
-
58 000
-
social contributions
30 241
-
19 558
-
regional
846
-
507
-
municipal
475
-
308
-
national
15 540
-
9 230
-
total
47 102
-
29 603
-
Employer
89 684
-
58 000
-
total
-
-
-
-
Corporate
-
58 000
-
-
nationa
-
13 920
-
-
municipal
-
2 262
-
-
total
-
16 182
-
-
Dividends
-
41 818
-
-
withholding
-
10 873
-
-
total
-
10 873
-
-
Income
58 000
58 000
58 000
58 000
Total tax
47 102
27 055
29 603
26 325
After tax
10 898
30 945
28 397
31 675
Living cost
42 581
42 581
42 581
42 581
Free-cash
-31 683
-11 636
-14 184
-10 906

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14213
₽11074
₽10511
₽9263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 748
pensions
-
-
-
11 599
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 119
surtax
-
-
-
525
total
-
-
-
25 221
Employee
33 371
-
47 914
-
other
-
-
-
-
health
852
-
1 222
-
surtax
109
-
431
-
income
5 594
-
8 200
-
pensions
2 225
-
3 196
-
unemployment
2 323
-
3 334
-
total
11 103
-
16 383
-
Employer
33 371
-
47 914
-
other
-
-
-
-
unemployment
1 057
-
1 519
-
pensions
4 449
-
6 386
-
health
1 519
-
2 181
-
total
7 025
-
10 086
-
Corporate
17 605
58 000
-
-
income
4 577
15 081
-
-
total
4 577
15 081
-
-
Dividends
13 028
42 919
-
-
withholding
1 953
6 438
-
-
total
1 953
6 438
-
-
Income
58 000
58 000
58 000
58 000
Total tax
24 658
21 519
26 469
25 221
After tax
33 342
36 481
31 531
32 779
Living cost
22 268
22 268
22 268
22 268
Free-cash
11 074
14 213
9 263
10 511

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2811
-₽14384
-₽2690
-₽8548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
10 894
pensions
-
-
-
3 530
total
-
-
-
14 424
Employee
64 213
-
51 780
-
health
932
-
676
-
income
11 565
-
9 429
-
pensions
5 450
-
3 958
-
total
17 947
-
14 063
-
Employer
64 213
-
51 780
-
pensions
6 951
-
5 236
-
health
1 220
-
983
-
total
8 171
-
6 219
-
Corporate
-
58 000
-
-
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.

-
11 021
-
-
total
-
11 021
-
-
Dividends
-
46 979
-
-
withholding
-
3 524
-
-
total
-
3 524
-
-
Income
58 000
58 000
58 000
58 000
Total tax
26 118
14 545
20 282
14 424
After tax
31 882
43 455
37 718
43 576
Living cost
46 266
46 266
46 266
46 266
Free-cash
-14 384
-2 811
-8 548
-2 690

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49746
-₽39753
-₽27095
-₽30042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
city
-
-
-
609
pensions
-
-
-
5 338
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.

-
-
-
1 160
regional
-
-
-
1 297
health
-
-
-
249
national
-
-
-
176
total
-
-
-
8 829
Employee
89 251
-
51 910
-
city
958
-
558
-
regional
2 923
-
1 077
-
health
202
-
118
-
pensions
7 498
-
4 362
-
unemployment
-
-
-
-
national
422
-
143
-
total
12 003
-
6 258
-
Employer
89 251
-
51 910
-
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.

1 784
-
1 038
-
unemployment
-
-
-
-
pensions
7 498
-
4 362
-
health
202
-
118
-
total
9 484
-
5 518
-
Corporate
-
58 000
-
-
regional
-
12 268
-
-
national
-
4 930
-
-
total
-
17 198
-
-
Dividends
-
40 802
-
-
withholding
-
14 282
-
-
total
-
14 282
-
-
Income
58 000
58 000
58 000
58 000
Total tax
21 487
31 480
11 776
8 829
After tax
36 513
26 520
46 224
49 171
Living cost
76 266
76 266
76 266
76 266
Free-cash
-39 753
-49 746
-30 042
-27 095

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17374
-₽2646
-₽3719
-₽1817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
trade
-
-
-
1 902
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.

-
-
-
6 346
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.

-
-
-
6 894
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.

-
-
-
349
total
-
-
-
15 491
Employee

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

60 646
-
58 000
-
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.

6 894
-
6 894
-
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.

393
-
349
-
income

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

7 131
-
6 346
-
total
14 418
-
13 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
58 000
-
-
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.

-
479
-
-
income
-
8 700
-
-
trade
-
9 946
-
-
chamber of commerce
-
236
-
-
total
-
19 361
-
-
Dividends
-
38 639
-
-
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.

-
509
-
-
withholding
-
9 276
-
-
total
-
9 785
-
-
Income
58 000
58 000
58 000
58 000
Total tax
14 418
29 146
13 589
15 491
After tax
43 582
28 854
44 411
42 509
Living cost
46 228
46 228
46 228
46 228
Free-cash
-2 646
-17 374
-1 817
-3 719

Estimated living cost  is ₽46228 per week

₽33763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5292
₽667
₽230
₽746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
2 599
pensions
-
-
-
16 693
other
-
-
-
1 798
health
-
-
-
502
surtax
-
-
-
-
social contributions
-
-
-
1 653
total
-
-
-
23 245
Employee
43 189
-
44 197
-
social contributions
1 231
-
1 258
-
surtax
-
-
-
-
income
2 549
-
2 671
-
pensions
4 883
-
4 996
-
total
8 663
-
8 925
-
Employer
43 189
-
44 197
-
other
1 490
-
1 524
-
social contributions
130
-
132
-
unemployment
1 748
-
1 791
-
pensions
7 095
-
7 262
-
health
3 024
-
3 095
-
total
13 487
-
13 804
-
Corporate
1 324
58 000
-
-
surtax
-
-
-
-
income
372
16 239
-
-
total
372
16 239
-
-
Dividends
953
41 761
-
-
surtax
-
-
-
-
social contributions
163
7 183
-
-
withholding
123
5 345
-
-
total
286
12 528
-
-
Income
58 000
58 000
58 000
58 000
Total tax
22 808
28 767
22 729
23 245
After tax
35 192
29 233
35 271
34 755
Living cost
34 525
34 525
34 525
34 525
Free-cash
667
-5 292
746
230

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1872
₽3733
₽3650
₽4166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
2 599
pensions
-
-
-
16 693
other
-
-
-
1 798
health
-
-
-
502
surtax
-
-
-
-
social contributions
-
-
-
1 653
total
-
-
-
23 245
Employee
38 552
-
44 197
-
social contributions
1 099
-
1 258
-
surtax
-
-
-
-
income
1 988
-
2 671
-
pensions
4 360
-
4 996
-
total
7 447
-
8 925
-
Employer
38 552
-
44 197
-
other
1 331
-
1 524
-
social contributions
115
-
132
-
unemployment
1 561
-
1 791
-
pensions
6 335
-
7 262
-
health
2 698
-
3 095
-
total
12 040
-
13 804
-
Corporate
7 409
58 000
-
-
surtax
-
-
-
-
income
2 074
16 239
-
-
total
2 074
16 239
-
-
Dividends
5 335
41 761
-
-
surtax
-
-
-
-
social contributions
917
7 183
-
-
withholding
684
5 345
-
-
total
1 601
12 528
-
-
Income
58 000
58 000
58 000
58 000
Total tax
23 162
28 767
22 729
23 245
After tax
34 838
29 233
35 271
34 755
Living cost
31 105
31 105
31 105
31 105
Free-cash
3 733
-1 872
4 166
3 650

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13989
₽14510
₽15849
₽13371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 700
health
-
-
-
4 048
social contributions
-
-
-
8 005
total
-
-
-
20 753
Employee
34 215
-
58 000
-
social contributions
4 722
-
8 005
-
health
2 388
-
4 048
-
income
5 707
-
11 178
-
total
12 817
-
23 231
-
Employer
34 215
-
58 000
-
total
-
-
-
-
Corporate
23 785
58 000
-
-
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%.

1 189
2 899
-
-
total
1 189
2 899
-
-
Dividends
22 596
55 101
-
-
health
1 578
3 845
-
-
social contributions
3 118
7 604
-
-
withholding
3 390
8 265
-
-
total
8 086
19 714
-
-
Income
58 000
58 000
58 000
58 000
Total tax
22 092
22 613
23 231
20 753
After tax
35 908
35 387
34 769
37 247
Living cost
21 398
21 398
21 398
21 398
Free-cash
14 510
13 989
13 371
15 849

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2319
-₽8099
-₽3455
-₽13215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
chamber of commerce
-
-
-
232
income
-
-
-
4 111
pensions
-
-
-
10 730
unemployment
-
-
-
6 189
health
-
-
-
4 437
surtax
-
-
-
199
total
-
-
-
25 898
Employee
50 431
40 215
44 882
-
other
504
402
448
-
health
1 951
1 557
1 737
-
income
5 741
2 966
4 152
-
pensions
5 165
4 117
4 596
-
unemployment
1 513
1 206
1 346
-
total
14 874
10 248
12 279
-
Employer
50 431
40 215
44 882
-
accident
655
523
584
-
other
2 396
1 909
2 131
-
chamber of commerce
201
161
180
-
unemployment
1 513
1 206
1 346
-
surtax
199
199
199
-
pensions
6 329
5 048
5 632
-
payroll
1 513
1 206
1 346
-
health
1 905
1 520
1 697
-
total
14 711
11 772
13 115
-
Corporate
3 830
6 012
41 054
-
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.

957
1 503
10 264
-
total
957
1 503
10 264
-
Dividends
-
4 509
-
-
withholding
-
1 239
-
-
total
-
1 239
-
-
Income
58 000
58 000
58 000
58 000
Total tax
30 542
24 762
35 658
25 898
After tax
27 458
33 238
22 342
32 102
Living cost
35 557
35 557
35 557
35 557
Free-cash
-8 099
-2 319
-13 215
-3 455

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4108
-₽35195
-₽5625
-₽11897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
national
-
-
-
17 025
communal

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

-
-
-
3 075
social contributions
-
-
-
6 731
total
-
-
-
26 831
Employee

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

72 183
-
44 923
-
communal

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

3 765
-
2 344
-
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.

3 391
-
2 112
-
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.

5 414
-
3 368
-
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.

628
-
391
-
national
22 192
-
11 815
-
total
35 390
-
20 030
-
Employer

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

72 183
-
44 923
-
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.

938
-
584
-
unemployment

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

1 053
-
655
-
surtax
8 185
-
5 094
-
pensions

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

6 396
-
3 979
-
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.

4 439
-
2 761
-
total
21 011
-
13 073
-
Corporate
-
58 000
-
-
surtax
-
232
-
-
income
-
11 599
-
-
total
-
11 831
-
-
Dividends
-
46 169
-
-
withholding

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

-
13 483
-
-
total
-
13 483
-
-
Income
58 000
58 000
58 000
58 000
Total tax
56 401
25 314
33 103
26 831
After tax
1 599
32 686
24 897
31 169
Living cost
36 794
36 794
36 794
36 794
Free-cash
-35 195
-4 108
-11 897
-5 625

Estimated living cost  is ₽36794 per week

₽23700
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2734
-₽8242
-₽4508
-₽4098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
523
income
-
-
-
8 666
pensions
-
-
-
16 413
other
-
-
-
57
unemployment
-
-
-
406
total
-
-
-
26 065
Employee
50 231
-
43 978
-
other
50
-
44
-
income
10 598
-
8 842
-
pensions
2 361
-
2 066
-
unemployment
779
-
682
-
total
13 788
-
11 634
-
Employer
50 231
-
43 978
-
accident
994
-
871
-
other
400
-
352
-
unemployment
2 763
-
2 419
-
pensions
11 854
-
10 379
-
total
16 011
-
14 021
-
Corporate
-
58 000
-
-
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.

-
8 700
-
-
total
-
8 700
-
-
Dividends
-
49 300
-
-
withholding
-
10 123
-
-
total
-
10 123
-
-
Income
58 000
58 000
58 000
58 000
Total tax
29 799
18 823
25 655
26 065
After tax
28 201
39 177
32 345
31 935
Living cost
36 443
36 443
36 443
36 443
Free-cash
-8 242
2 734
-4 098
-4 508

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18410
-₽27549
-₽16476
-₽15313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
523
income
-
-
-
2 415
pensions
-
-
-
9 280
health
-
-
-
4 349
surtax
-
-
-
3 070
communal
-
-
-
-
total
-
-
-
19 637
Employee
76 419
-
51 809
-
health
3 401
-
2 308
-
surtax
4 684
-
3 175
-
income
7 381
-
2 656
-
pensions
6 113
-
4 144
-
total
21 579
-
12 283
-
Employer
76 419
-
51 809
-
accident
687
-
465
-
pensions
6 113
-
4 144
-
health
2 331
-
1 582
-
total
9 131
-
6 191
-
Corporate
-
58 000
-
-
surtax
-
609
-
-
communal
-
3 914
-
-
income
-
8 700
-
-
total
-
13 223
-
-
Dividends
-
44 777
-
-
income
-
1 632
-
-
withholding
-
6 716
-
-
total
-
8 348
-
-
Income
58 000
58 000
58 000
58 000
Total tax
30 710
21 571
18 474
19 637
After tax
27 290
36 429
39 526
38 363
Living cost
54 839
54 839
54 839
54 839
Free-cash
-27 549
-18 410
-15 313
-16 476

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13815
₽10609
₽10113
₽8865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 748
pensions
-
-
-
11 599
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 119
surtax
-
-
-
525
total
-
-
-
25 221
Employee
33 983
-
47 914
-
other
-
-
-
-
health
867
-
1 222
-
surtax
121
-
431
-
income
5 697
-
8 200
-
pensions
2 267
-
3 196
-
unemployment
2 365
-
3 334
-
total
11 317
-
16 383
-
Employer
33 983
-
47 914
-
other
-
-
-
-
unemployment
1 078
-
1 519
-
pensions
4 531
-
6 386
-
health
1 545
-
2 181
-
total
7 154
-
10 086
-
Corporate
16 862
58 000
-
-
income
4 383
15 081
-
-
total
4 383
15 081
-
-
Dividends
12 479
42 919
-
-
withholding
1 871
6 438
-
-
total
1 871
6 438
-
-
Income
58 000
58 000
58 000
58 000
Total tax
24 725
21 519
26 469
25 221
After tax
33 275
36 481
31 531
32 779
Living cost
22 666
22 666
22 666
22 666
Free-cash
10 609
13 815
8 865
10 113

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3304
₽1062
₽4197
₽941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
345
regional
-
-
-
874
national
-
-
-
10 483
social contributions
-
-
-
14 918
total
-
-
-
26 620
Employee
55 977
-
58 000
-
social contributions
18 876
-
19 558
-
regional
754
-
780
-
municipal
297
-
308
-
national
8 868
-
9 230
-
total
28 795
-
29 876
-
Employer
55 977
-
58 000
-
total
-
-
-
-
Corporate
2 023
58 000
-
-
nationa
486
13 920
-
-
municipal
101
2 882
-
-
total
587
16 802
-
-
Dividends
1 435
41 198
-
-
withholding
373
10 711
-
-
total
373
10 711
-
-
Income
58 000
58 000
58 000
58 000
Total tax
29 755
27 513
29 876
26 620
After tax
28 245
30 487
28 124
31 380
Living cost
27 183
27 183
27 183
27 183
Free-cash
1 062
3 304
941
4 197

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10153
-₽684
-₽1531
-₽346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
4 985
health
-
-
-
7 830
solidarity contribution
-
-
-
-
social contributions
-
-
-
16 936
total
-
-
-
29 751
Employee
43 794
-
43 284
-
social contributions
2 847
-
2 813
-
health
5 912
-
5 843
-
solidarity contribution
-
-
-
-
income
5 255
-
5 194
-
total
14 014
-
13 850
-
Employer
43 794
-
43 284
-
social contributions
10 949
-
10 821
-
health
3 941
-
3 895
-
total
14 890
-
14 716
-
Corporate
-
58 000
-
-
income
-
11 020
-
-
total
-
11 020
-
-
Dividends
-
46 980
-
-
withholding
-
7 047
-
-
total
-
7 047
-
-
Income
58 000
58 000
58 000
58 000
Total tax
28 904
18 067
28 566
29 751
After tax
29 096
39 933
29 434
28 249
Living cost
29 780
29 780
29 780
29 780
Free-cash
-684
10 153
-346
-1 531

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1151
₽174
₽107
-₽9809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
chamber of commerce
-
-
-
232
income
-
-
-
4 111
pensions
-
-
-
10 730
unemployment
-
-
-
6 189
health
-
-
-
4 437
surtax
-
-
-
-
total
-
-
-
25 699
Employee
44 111
40 215
45 036
-
other
440
402
450
-
health
1 706
1 557
1 743
-
income
3 930
2 966
4 194
-
pensions
4 517
4 117
4 611
-
unemployment
1 323
1 206
1 352
-
total
11 916
10 248
12 350
-
Employer
44 111
40 215
45 036
-
accident
573
523
586
-
other
2 095
1 909
2 139
-
chamber of commerce
176
161
180
-
unemployment
1 323
1 206
1 352
-
surtax
-
-
-
-
pensions
5 536
5 048
5 651
-
payroll
1 323
1 206
1 352
-
health
1 668
1 520
1 702
-
total
12 694
11 573
12 962
-
Corporate
3 830
6 211
41 207
-
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.

957
1 553
10 303
-
total
957
1 553
10 303
-
Dividends
237
4 658
-
-
withholding
65
1 281
-
-
total
65
1 281
-
-
Income
58 000
58 000
58 000
58 000
Total tax
25 632
24 655
35 615
25 699
After tax
32 368
33 345
22 385
32 301
Living cost
32 194
32 194
32 194
32 194
Free-cash
174
1 151
-9 809
107

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40951
₽38298
₽43271
₽32251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
58 000
microenterprise

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

-
-
-
580
total
-
-
-
580
Employee
17 686
-
58 000
-
income
3 537
-
11 600
-
total
3 537
-
11 600
-
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%.

40 314
58 000
-
-
total
-
-
-
-
Dividends
40 314
58 000
-
-
withholding
2 016
2 900
-
-
total
2 016
2 900
-
-
Income
58 000
58 000
58 000
58 000
Total tax
5 553
2 900
11 600
580
After tax
52 447
55 100
46 400
57 420
Living cost
14 149
14 149
14 149
14 149
Free-cash
38 298
40 951
32 251
43 271

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12865
₽4425
₽4822
₽3159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
income
-
-
-
9 726
pensions
-
-
-
10 592
unemployment
-
-
-
86
health
-
-
-
5 707
total
-
-
-
26 111
Employee

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

44 623
-
50 187
-
health
2 882
-
3 242
-
income
7 695
-
8 868
-
pensions
6 917
-
7 779
-
unemployment
63
-
71
-
total
17 557
-
19 960
-
Employer

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

44 623
-
50 187
-
unemployment
27
-
31
-
pensions
3 949
-
4 441
-
health
2 972
-
3 342
-
total
6 948
-
7 814
-
Corporate
6 429
58 000
-
-
income
1 222
11 021
-
-
total
1 222
11 021
-
-
Dividends
5 207
46 979
-
-
withholding
781
7 047
-
-
total
781
7 047
-
-
Income
58 000
58 000
58 000
58 000
Total tax
26 508
18 068
27 774
26 111
After tax
31 492
39 932
30 226
31 889
Living cost
27 067
27 067
27 067
27 067
Free-cash
4 425
12 865
3 159
4 822

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8278
-₽92543
-₽3482
₽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
-
-
-
58 000
income
-
-
-
11 305
social contributions
-
-
-
6 612
total
-
-
-
17 917
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
58 000
-
-
income
-
12 760
-
-
total
-
12 760
-
-
Dividends
-
45 240
-
-
income
-
9 953
-
-
total
-
9 953
-
-
Income
58 000
58 000
58 000
58 000
Total tax
106 978
22 713
13 283
17 917
After tax
-48 978
35 287
44 717
40 083
Living cost
43 565
43 565
43 565
43 565
Free-cash
-92 543
-8 278
1 152
-3 482

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1338
₽322
₽1820
₽265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
income
-
-
-
4 372
surtax
-
-
-
-
social contributions

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

-
-
-
20 155
total
-
-
-
24 527
Employee
46 411
-
46 868
-
social contributions
5 105
-
5 155
-
surtax
-
-
-
-
income
9 654
-
9 795
-
total
14 759
-
14 950
-
Employer
46 411
-
46 868
-
social contributions
11 023
-
11 132
-
total
11 023
-
11 132
-
Corporate
566
58 000
-
-
surtax
-
-
-
-
income
119
12 179
-
-
total
119
12 179
-
-
Dividends
447
45 821
-
-
withholding
124
12 830
-
-
total
124
12 830
-
-
Income
58 000
58 000
58 000
58 000
Total tax
26 025
25 009
26 082
24 527
After tax
31 975
32 991
31 918
33 473
Living cost
31 653
31 653
31 653
31 653
Free-cash
322
1 338
265
1 820

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19506
-₽24943
-₽13984
-₽13468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
2 599
pensions
-
-
-
16 693
other
-
-
-
1 798
health
-
-
-
502
surtax
-
-
-
-
social contributions
-
-
-
1 653
total
-
-
-
23 245
Employee
63 203
-
44 197
-
social contributions
1 800
-
1 258
-
surtax
-
-
-
-
income
5 515
-
2 671
-
pensions
7 149
-
4 996
-
total
14 464
-
8 925
-
Employer
63 203
-
44 197
-
other
2 181
-
1 524
-
social contributions
190
-
132
-
unemployment
2 560
-
1 791
-
pensions
10 385
-
7 262
-
health
4 424
-
3 095
-
total
19 740
-
13 804
-
Corporate
-
58 000
-
-
surtax
-
-
-
-
income
-
16 239
-
-
total
-
16 239
-
-
Dividends
-
41 761
-
-
surtax
-
-
-
-
social contributions
-
7 183
-
-
withholding
-
5 345
-
-
total
-
12 528
-
-
Income
58 000
58 000
58 000
58 000
Total tax
34 204
28 767
22 729
23 245
After tax
23 796
29 233
35 271
34 755
Living cost
48 739
48 739
48 739
48 739
Free-cash
-24 943
-19 506
-13 468
-13 984

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21866
₽18476
₽14906
₽16567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
-
social contributions
-
-
-
12 760
total
-
-
-
12 760
Employee
32 442
-
50 216
-
income
-
-
50
-
social contributions
2 108
-
3 265
-
total
2 108
-
3 315
-
Employer
32 442
-
50 216
-
social contributions
5 029
-
7 784
-
total
5 029
-
7 784
-
Corporate
20 529
58 000
-
-
income
2 053
5 800
-
-
total
2 053
5 800
-
-
Dividends
18 476
52 200
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
9 190
5 800
11 099
12 760
After tax
48 810
52 200
46 901
45 240
Living cost
30 334
30 334
30 334
30 334
Free-cash
18 476
21 866
16 567
14 906

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽161958
-₽161958
-₽10973
-₽161958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
9 412
pensions
-
-
-
875
national
-
-
-
5 496
labour market
-
-
-
4 570
total
-
-
-
20 353
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
171 338
171 338
171 338
20 353
After tax
-113 338
-113 338
-113 338
37 647
Living cost
48 620
48 620
48 620
48 620
Free-cash
-161 958
-161 958
-161 958
-10 973

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17047
₽1363
₽18332
₽8884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
253
income
-
-
-
10 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 923
Employee
34 207
-
48 181
-
health
3 917
-
5 517
-
income
4 693
-
6 610
-
pensions
3 852
-
5 425
-
total
12 462
-
17 552
-
Employer
34 207
-
48 181
-
accident
571
-
805
-
unemployment
838
-
1 180
-
pensions
5 562
-
7 834
-
total
6 971
-
9 819
-
Corporate
16 822
58 000
-
-
income

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

15 139
52 200
-
-
total
15 139
52 200
-
-
Dividends
1 682
5 800
-
-
withholding
320
1 102
-
-
total
320
1 102
-
-
Income
58 000
58 000
58 000
58 000
Total tax
34 892
53 302
27 371
17 923
After tax
23 108
4 698
30 629
40 077
Living cost
21 745
21 745
21 745
21 745
Free-cash
1 363
-17 047
8 884
18 332

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1329
-₽5110
₽6218
-₽2947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
58 000
municipal
-
-
-
10 354
health
-
-
-
471
national
-
-
-
2 214
total
-
-
-
13 039
Employee
53 092
-
48 793
-
health
396
-
329
-
municipal
8 696
-
7 999
-
pensions
3 583
-
3 294
-
unemployment
797
-
732
-
national
877
-
643
-
total
14 349
-
12 997
-
Employer
53 092
-
48 793
-
accident
54
-
48
-
unemployment
345
-
318
-
pensions
9 211
-
8 466
-
health
408
-
375
-
total
10 018
-
9 207
-
Corporate
-
58 000
-
-
income
-
11 599
-
-
total
-
11 599
-
-
Dividends

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

-
34 801
-
-
national
-
65
-
-
municipal
-
6 264
-
-
total
-
6 329
-
-
Income
58 000
58 000
58 000
58 000
Total tax
24 367
17 928
22 204
13 039
After tax
33 633
40 072
35 796
44 961
Living cost
38 743
38 743
38 743
38 743
Free-cash
-5 110
1 329
-2 947
6 218

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11818
₽13847
₽22084
₽16097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
2 026
health
-
-
-
1 478
social contributions
-
-
-
9 048
total
-
-
-
12 552
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 370
-
health
601
1 319
894
-
income
8 449
7 183
7 930
-
total
11 984
14 942
13 194
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
4 370
-
health
653
1 436
975
-
total
3 587
7 876
5 345
-
Corporate
19 065
-
-
-
income
2 382
-
-
-
total
2 382
-
-
-
Dividends
16 683
-
-
-
withholding
2 836
-
-
-
total
2 836
-
-
-
Income
58 000
58 000
58 000
58 000
Total tax
20 789
22 818
18 539
12 552
After tax
37 211
35 182
39 461
45 448
Living cost
23 364
23 364
23 364
23 364
Free-cash
13 847
11 818
16 097
22 084

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32007
₽26874
₽26966
₽19903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 000
income
-
-
-
4 912
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 012
Employee

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

23 163
-
52 584
-
health
1 969
-
4 470
-
income
1 584
-
4 039
-
pensions
3 474
-
7 888
-
unemployment
115
-
262
-
total
7 142
-
16 659
-
Employer

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

23 163
-
52 584
-
unemployment
115
-
262
-
pensions
1 273
-
2 892
-
health
996
-
2 262
-
total
2 384
-
5 416
-
Corporate
32 453
58 000
-
-
income
2 920
5 220
-
-
total
2 920
5 220
-
-
Dividends
29 533
52 780
-
-
withholding
2 658
4 751
-
-
total
2 658
4 751
-
-
Income
58 000
58 000
58 000
58 000
Total tax
15 104
9 971
22 075
15 012
After tax
42 896
48 029
35 925
42 988
Living cost
16 022
16 022
16 022
16 022
Free-cash
26 874
32 007
19 903
26 966

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11427
₽6054
₽4185
₽4595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
523
income
-
-
-
8 666
pensions
-
-
-
16 413
other
-
-
-
57
unemployment
-
-
-
406
total
-
-
-
26 065
Employee
37 313
-
43 978
-
other
36
-
44
-
income
7 194
-
8 842
-
pensions
1 754
-
2 066
-
unemployment
578
-
682
-
total
9 562
-
11 634
-
Employer
37 313
-
43 978
-
accident
739
-
871
-
other
299
-
352
-
unemployment
2 053
-
2 419
-
pensions
8 805
-
10 379
-
total
11 896
-
14 021
-
Corporate
8 791
58 000
-
-
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.

1 319
8 700
-
-
total
1 319
8 700
-
-
Dividends
7 472
49 300
-
-
withholding
1 419
10 123
-
-
total
1 419
10 123
-
-
Income
58 000
58 000
58 000
58 000
Total tax
24 196
18 823
25 655
26 065
After tax
33 804
39 177
32 345
31 935
Living cost
27 750
27 750
27 750
27 750
Free-cash
6 054
11 427
4 595
4 185

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33436
₽32982
₽33325
₽33128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
18 451
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
21 919
Employee
4 198
-
55 738
-
health
210
-
503
-
income
812
-
18 345
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
19 854
-
Employer
4 198
-
55 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
52 858
58 000
-
-
income
11 629
12 760
-
-
total
11 629
12 760
-
-
Dividends
41 229
45 240
-
-
withholding
8 246
9 048
-
-
total
8 246
9 048
-
-
Income
58 000
58 000
58 000
58 000
Total tax
22 262
21 808
22 116
21 919
After tax
35 738
36 192
35 884
36 081
Living cost
2 756
2 756
2 756
2 756
Free-cash
32 982
33 436
33 128
33 325

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24452
₽19487
₽11246
₽13744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
income
-
-
-
7 377
pensions
-
-
-
15 080
unemployment
-
-
-
870
health
-
-
-
5 974
total
-
-
-
29 301
Employee

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

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

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

26 319
-
49 194
-
health
1 355
-
2 533
-
income
3 628
-
8 209
-
pensions
3 685
-
6 887
-
unemployment
197
-
369
-
total
8 865
-
17 998
-
Employer

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

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

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

26 319
-
49 194
-
unemployment
197
-
369
-
pensions
3 158
-
5 903
-
health
1 355
-
2 533
-
total
4 710
-
8 805
-
Corporate
26 970
58 000
-
-
income
4 046
8 700
-
-
total
4 046
8 700
-
-
Dividends
22 925
49 300
-
-
withholding
3 439
7 395
-
-
total
3 439
7 395
-
-
Income
58 000
58 000
58 000
58 000
Total tax
21 060
16 095
26 803
29 301
After tax
36 940
41 905
31 197
28 699
Living cost
17 453
17 453
17 453
17 453
Free-cash
19 487
24 452
13 744
11 246

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5786
₽5423
₽6268
₽4713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
income
-
-
-
4 372
surtax
-
-
-
-
social contributions

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

-
-
-
20 155
total
-
-
-
24 527
Employee
39 166
-
46 868
-
social contributions
4 309
-
5 155
-
surtax
-
-
-
-
income
7 653
-
9 795
-
total
11 962
-
14 950
-
Employer
39 166
-
46 868
-
social contributions
9 301
-
11 132
-
total
9 301
-
11 132
-
Corporate
9 533
58 000
-
-
surtax
-
-
-
-
income
2 001
12 179
-
-
total
2 001
12 179
-
-
Dividends
7 532
45 821
-
-
withholding
2 108
12 830
-
-
total
2 108
12 830
-
-
Income
58 000
58 000
58 000
58 000
Total tax
25 372
25 009
26 082
24 527
After tax
32 628
32 991
31 918
33 473
Living cost
27 205
27 205
27 205
27 205
Free-cash
5 423
5 786
4 713
6 268

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3712
-₽6275
-₽3530
-₽3120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
523
income
-
-
-
8 666
pensions
-
-
-
16 413
other
-
-
-
57
unemployment
-
-
-
406
total
-
-
-
26 065
Employee
48 736
-
43 978
-
other
48
-
44
-
income
10 179
-
8 842
-
pensions
2 290
-
2 066
-
unemployment
755
-
682
-
total
13 272
-
11 634
-
Employer
48 736
-
43 978
-
accident
965
-
871
-
other
391
-
352
-
unemployment
2 681
-
2 419
-
pensions
11 501
-
10 379
-
total
15 538
-
14 021
-
Corporate
-
58 000
-
-
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.

-
8 700
-
-
total
-
8 700
-
-
Dividends
-
49 300
-
-
withholding
-
10 123
-
-
total
-
10 123
-
-
Income
58 000
58 000
58 000
58 000
Total tax
28 810
18 823
25 655
26 065
After tax
29 190
39 177
32 345
31 935
Living cost
35 465
35 465
35 465
35 465
Free-cash
-6 275
3 712
-3 120
-3 530

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32219
₽26065
₽22512
₽23493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 700
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 117
Employee
23 001
-
51 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 108
-
pensions

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

2 019
-
3 097
-
total
5 630
-
10 215
-
Employer
23 001
-
51 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
30 486
58 000
-
-
income
3 049
5 800
-
-
total
3 049
5 800
-
-
Dividends
27 437
52 200
-
-
withholding
1 372
2 610
-
-
total
1 372
2 610
-
-
Income
58 000
58 000
58 000
58 000
Total tax
14 564
8 410
17 136
18 117
After tax
43 436
49 590
40 864
39 883
Living cost
17 371
17 371
17 371
17 371
Free-cash
26 065
32 219
23 493
22 512

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8912
₽4287
₽3863
₽5452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
trade
-
-
-
1 589
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.

-
-
-
6 346
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.

-
-
-
6 894
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.

-
-
-
349
total
-
-
-
15 178
Employee

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

50 210
-
58 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
349
-
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.

4 129
-
6 346
-
total
11 251
-
13 589
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 790
58 000
-
-
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.

65
479
-
-
income
1 168
8 700
-
-
trade
1 118
8 323
-
-
chamber of commerce
165
237
-
-
total
2 516
17 739
-
-
Dividends
5 274
40 261
-
-
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.

52
532
-
-
withholding
935
9 682
-
-
total
987
10 214
-
-
Income
58 000
58 000
58 000
58 000
Total tax
14 754
27 953
13 589
15 178
After tax
43 246
30 047
44 411
42 822
Living cost
38 959
38 959
38 959
38 959
Free-cash
4 287
-8 912
5 452
3 863

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16883
-₽20937
-₽12177
-₽12177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
8 439
social contributions
-
-
-
4 254
total
-
-
-
12 693
Employee
78 935
-
58 000
-
income
14 895
-
8 439
-
social contributions
6 558
-
4 254
-
total
21 453
-
12 693
-
Employer
78 935
-
58 000
-
total
-
-
-
-
Corporate
-
58 000
-
-
income
-
7 250
-
-
total
-
7 250
-
-
Dividends
-
50 750
-
-
withholding
-
10 149
-
-
total
-
10 149
-
-
Income
58 000
58 000
58 000
58 000
Total tax
21 453
17 399
12 693
12 693
After tax
36 547
40 601
45 307
45 307
Living cost
57 484
57 484
57 484
57 484
Free-cash
-20 937
-16 883
-12 177
-12 177

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4263
₽1584
-₽14097
₽5296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
53 358
-
income
5 023
-
6 789
-
social contributions
4 638
-
4 642
-
total
9 661
-
11 431
-
Employer
46 292
-
53 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
7 070
58 000
-
-
income
2 474
20 301
-
-
total
2 474
20 301
-
-
Dividends
4 595
37 699
-
-
social contributions
3 012
5 331
-
-
total
3 012
5 331
-
-
Income
58 000
58 000
58 000
58 000
Total tax
19 785
25 632
16 073
35 466
After tax
38 215
32 368
41 927
22 534
Living cost
36 631
36 631
36 631
36 631
Free-cash
1 584
-4 263
5 296
-14 097

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5842
₽130
₽5963
₽105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
income
-
-
-
10 894
pensions
-
-
-
3 530
total
-
-
-
14 424
Employee
51 629
-
51 780
-
health
673
-
676
-
income
9 402
-
9 429
-
pensions
3 941
-
3 958
-
total
14 016
-
14 063
-
Employer
51 629
-
51 780
-
pensions
5 216
-
5 236
-
health
981
-
983
-
total
6 197
-
6 219
-
Corporate
174
58 000
-
-
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.

33
11 021
-
-
total
33
11 021
-
-
Dividends
141
46 979
-
-
withholding
11
3 524
-
-
total
11
3 524
-
-
Income
58 000
58 000
58 000
58 000
Total tax
20 257
14 545
20 282
14 424
After tax
37 743
43 455
37 718
43 576
Living cost
37 613
37 613
37 613
37 613
Free-cash
130
5 842
105
5 963

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

Close
Warsaw , Poland
-₽19200
₽1034
₽16179
₽6731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
accident
-
-
-
253
income
-
-
-
10 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
17 923
Employee
37 593
-
48 181
-
health
4 304
-
5 517
-
income
5 157
-
6 610
-
pensions
4 233
-
5 425
-
total
13 694
-
17 552
-
Employer
37 593
-
48 181
-
accident
628
-
805
-
unemployment
921
-
1 180
-
pensions
6 112
-
7 834
-
total
7 661
-
9 819
-
Corporate
12 746
58 000
-
-
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.

11 471
52 200
-
-
total
11 471
52 200
-
-
Dividends
1 275
5 800
-
-
withholding
242
1 102
-
-
total
242
1 102
-
-
Income
58 000
58 000
58 000
58 000
Total tax
33 068
53 302
27 371
17 923
After tax
24 932
4 698
30 629
40 077
Living cost
23 898
23 898
23 898
23 898
Free-cash
1 034
-19 200
6 731
16 179

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35669
₽30762
₽20668
₽20668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
58 000
work injury
-
-
-
290
health insurance
-
-
-
4 292
income
-
-
-
7 751
pensions
-
-
-
10 672
unemployment
-
-
-
696
total
-
-
-
23 701
Employee

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

21 810
-
58 000
-
work injury
109
-
290
-
income
2 181
-
7 751
-
pensions
4 013
-
10 672
-
health insurance
1 614
-
4 292
-
unemployment
262
-
696
-
total
8 179
-
23 701
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 190
58 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
36 190
58 000
-
-
withholding
5 428
8 700
-
-
total
5 428
8 700
-
-
Income
58 000
58 000
58 000
58 000
Total tax
13 607
8 700
23 701
23 701
After tax
44 393
49 300
34 299
34 299
Living cost
13 631
13 631
13 631
13 631
Free-cash
30 762
35 669
20 668
20 668

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9651
-₽27035
-₽8879
-₽12099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
58 000
municipal
-
-
-
387
regional
-
-
-
890
national
-
-
-
10 483
social contributions
-
-
-
14 918
total
-
-
-
26 678
Employee
85 034
-
58 000
-
social contributions
28 673
-
19 558
-
regional
1 284
-
763
-
municipal
507
-
347
-
national
14 370
-
9 230
-
total
44 834
-
29 898
-
Employer
85 034
-
58 000
-
total
-
-
-
-
Corporate
-
58 000
-
-
nationa
-
13 920
-
-
municipal
-
2 796
-
-
total
-
16 716
-
-
Dividends
-
41 284
-
-
withholding
-
10 734
-
-
total
-
10 734
-
-
Income
58 000
58 000
58 000
58 000
Total tax
44 834
27 450
29 898
26 678
After tax
13 166
30 550
28 102
31 322
Living cost
40 201
40 201
40 201
40 201
Free-cash
-27 035
-9 651
-12 099
-8 879

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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