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
₽ 85000
per

Your estimated
City
free-cash

Dresden , Germany
₽26764
₽15038
₽25249
₽33391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
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.

-
-
-
6 306
trade
-
-
-
6 627
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.

-
-
-
904
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.

-
-
-
16 439
total
-
-
-
30 276
Employee

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

35 307
-
85 000
-
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.

6 306
-
6 306
-
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.

54
-
904
-
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.

986
-
16 439
-
total
7 346
-
23 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 693
85 000
-
-
trade
7 827
13 387
-
-
chamber of commerce
212
263
-
-
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.

410
701
-
-
income
7 454
12 750
-
-
total
15 903
27 101
-
-
Dividends
33 790
57 900
-
-
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.

445
776
-
-
withholding
8 097
14 125
-
-
total
8 542
14 901
-
-
Income
85 000
85 000
85 000
85 000
Total tax
31 791
42 002
23 649
30 276
After tax
53 209
42 998
61 351
54 724
Living cost
27 960
27 960
27 960
27 960
Free-cash
25 249
15 038
33 391
26 764

Estimated living cost  is ₽27960 per week

₽17588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2900
₽4269
₽2535
₽3566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
municipal
-
-
-
8 713
social contributions
-
-
-
914
national
-
-
-
13 502
pensions
-
-
-
10 200
total
-
-
-
33 329
Employee
75 604
-
73 482
-
pensions
3 024
-
2 939
-
national
14 471
-
14 012
-
municipal
9 338
-
9 043
-
total
26 833
-
25 994
-
Employer
75 604
-
73 482
-
pensions
6 048
-
5 879
-
social contributions
813
-
790
-
total
6 861
-
6 669
-
Corporate
-
85 000
-
-
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%.

-
17 000
-
-
total
-
17 000
-
-
Dividends
-
68 000
-
-
withholding
-
14 960
-
-
total
-
14 960
-
-
Income
85 000
85 000
85 000
85 000
Total tax
33 694
31 960
32 663
33 329
After tax
51 306
53 040
52 337
51 671
Living cost
48 771
48 771
48 771
48 771
Free-cash
2 535
4 269
3 566
2 900

Estimated living cost  is ₽48771 per week

₽33149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽730
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26254
₽48796
₽41222
₽28789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
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.

-
-
-
27 328
income
-
-
-
12 213
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
39 541
Employee
26 974
-
68 498
-
surtax
-
-
-
-
social contributions

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

2 968
-
7 534
-
income
4 802
-
12 970
-
total
7 770
-
20 504
-
Employer
26 974
-
68 498
-
surtax
-
-
-
-
social contributions

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

6 497
-
16 502
-
total
6 497
-
16 502
-
Corporate
51 529
85 000
-
-
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%.

10 306
16 999
-
-
total
10 306
16 999
-
-
Dividends

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

41 223
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
24 573
16 999
37 006
39 541
After tax
60 427
68 001
47 994
45 459
Living cost
19 205
19 205
19 205
19 205
Free-cash
41 222
48 796
28 789
26 254

Estimated living cost  is ₽19205 per week

₽12252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9615
-₽1487
-₽6668
-₽6668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
10 644
pensions
-
-
-
10 816
income
-
-
-
15 254
total
-
-
-
36 714
Employee
78 831
78 831
78 831
-
health
12 100
10 292
12 100
-
pensions
14 189
10 816
14 189
-
income

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

12 903
12 903
12 903
-
total
39 192
34 011
39 192
-
Employer
78 831
78 831
78 831
-
health
5 480
5 480
5 480
-
pensions
5 487
5 487
5 487
-
unemployment
2 838
2 838
2 838
-
total
13 805
13 805
13 805
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
52 997
47 816
52 997
36 714
After tax
32 003
37 184
32 003
48 286
Living cost
38 671
38 671
38 671
38 671
Free-cash
-6 668
-1 487
-6 668
9 615

Estimated living cost  is ₽38671 per week

₽27405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3449
₽7487
₽6613
₽6468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
5 304
accident
-
-
-
170
other
-
-
-
9 877
municipal
-
-
-
18 004
pensions
-
-
-
9 188
national
-
-
-
-
unemployment
-
-
-
85
total
-
-
-
42 628
Employee
55 462
-
64 678
-
national
-
-
-
-
municipal
16 539
-
19 287
-
total
16 539
-
19 287
-
Employer
55 462
-
64 678
-
health
3 411
-
3 978
-
accident
111
-
129
-
pensions
5 995
-
6 992
-
other
6 445
-
7 516
-
unemployment
1 464
-
1 707
-
total
17 426
-
20 322
-
Corporate
12 111
85 000
-
-
income
2 665
18 700
-
-
total
2 665
18 700
-
-
Dividends
9 447
66 300
-
-
withholding
2 834
19 890
-
-
total
2 834
19 890
-
-
Income
85 000
85 000
85 000
85 000
Total tax
39 464
38 590
39 609
42 628
After tax
45 536
46 410
45 391
42 372
Living cost
38 923
38 923
38 923
38 923
Free-cash
6 613
7 487
6 468
3 449

Estimated living cost  is ₽38923 per week

₽25797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18164
₽6296
₽19269
₽25087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
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.

-
-
-
6 306
trade
-
-
-
6 923
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.

-
-
-
904
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.

-
-
-
16 439
total
-
-
-
30 572
Employee

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

46 813
-
85 000
-
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.

6 306
-
6 306
-
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.

221
-
904
-
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.

4 022
-
16 439
-
total
10 549
-
23 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 187
85 000
-
-
trade
6 282
13 983
-
-
chamber of commerce
194
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.

315
701
-
-
income
5 728
12 750
-
-
total
12 519
27 695
-
-
Dividends
25 667
57 306
-
-
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.

333
769
-
-
withholding
6 066
13 976
-
-
total
6 399
14 745
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 467
42 440
23 649
30 572
After tax
55 533
42 560
61 351
54 428
Living cost
36 264
36 264
36 264
36 264
Free-cash
19 269
6 296
25 087
18 164

Estimated living cost  is ₽36264 per week

₽24254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31356
₽32321
₽28494
₽31269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
2 167
social contributions
-
-
-
13 259
income
-
-
-
8 277
total
-
-
-
23 703
Employee
70 983
70 983
77 168
-
health
706
1 207
1 312
-
social contributions
3 449
5 891
6 405
-
income
7 454
6 571
8 240
-
total
11 609
13 669
15 957
-
Employer
70 983
70 983
77 168
-
health
769
1 314
1 428
-
social contributions
3 449
5 891
6 405
-
total
4 218
7 205
7 833
-
Corporate
39 231
6 812
-
-
income
4 903
851
-
-
total
4 903
851
-
-
Dividends
34 328
5 960
-
-
withholding
5 835
1 013
-
-
total
5 835
1 013
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 565
22 738
23 790
23 703
After tax
58 435
62 262
61 210
61 297
Living cost
29 941
29 941
29 941
29 941
Free-cash
28 494
32 321
31 269
31 356

Estimated living cost  is ₽29941 per week

₽20468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41361
₽30404
₽30769
₽31752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
5 950
pensions
-
-
-
8 500
unemployment
-
-
-
1 275
income
-
-
-
10 391
total
-
-
-
26 116
Employee

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

The minimum wage is 138,000 HUF per month.

25 295
10 067
71 130
-
health
1 771
705
4 979
-
pensions
2 530
1 007
7 113
-
unemployment
379
151
1 067
-
income
3 092
1 231
8 696
-
total
7 772
3 094
21 855
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 295
10 067
71 130
-
pensions
4 933
1 963
13 870
-
total
4 933
1 963
13 870
-
Corporate
54 772
72 970
-
-
income
4 929
6 567
-
-
total
4 929
6 567
-
-
Dividends
49 843
66 402
-
-
social contributions
9 604
12 833
-
-
withholding
9 470
12 616
-
-
total
19 074
25 449
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 708
37 073
35 725
26 116
After tax
48 292
47 927
49 275
58 884
Living cost
17 523
17 523
17 523
17 523
Free-cash
30 769
30 404
31 752
41 361

Estimated living cost  is ₽17523 per week

₽11958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23264
₽45704
₽39968
₽26696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
11 050
pensions
-
-
-
16 999
income
-
-
-
11 390
total
-
-
-
39 439
Employee
26 187
-
63 528
-
pensions
524
-
1 270
-
unemployment
419
-
1 016
-
income
2 948
-
12 249
-
total
3 891
-
14 535
-
Employer
26 187
-
63 528
-
health
3 404
-
8 258
-
pensions
5 238
-
12 706
-
unemployment
210
-
508
-
total
8 852
-
21 472
-
Corporate
49 961
85 000
-
-
income
9 992
16 999
-
-
total
9 992
16 999
-
-
Dividends
39 969
68 001
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
22 735
16 999
36 007
39 439
After tax
62 265
68 001
48 993
45 561
Living cost
22 297
22 297
22 297
22 297
Free-cash
39 968
45 704
26 696
23 264

Estimated living cost  is ₽22297 per week

₽15293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37693
-₽13819
₽3709
₽22628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
20 048
total
-
-
-
26 603
Employee
32 569
-
71 679
-
health
3 729
-
8 208
-
pensions
3 667
-
7 180
-
income
4 468
-
12 959
-
total
11 864
-
28 347
-
Employer
32 569
-
71 679
-
accident
544
-
1 197
-
pensions
5 296
-
10 368
-
unemployment
798
-
1 756
-
total
6 638
-
13 321
-
Corporate
45 794
85 000
-
-
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.

41 215
76 500
-
-
total
41 215
76 500
-
-
Dividends
4 579
8 500
-
-
withholding
870
1 615
-
-
total
870
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
60 587
78 115
41 668
26 603
After tax
24 413
6 885
43 332
58 397
Living cost
20 704
20 704
20 704
20 704
Free-cash
3 709
-13 819
22 628
37 693

Estimated living cost  is ₽20704 per week

₽15174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76625
₽73225
₽71815
₽60475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
85 000
microenterprise

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

-
-
-
850
total
-
-
-
850
Employee
9 406
-
85 000
-
income
1 881
-
17 000
-
total
1 881
-
17 000
-
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%.

75 594
85 000
-
-
total
-
-
-
-
Dividends
75 594
85 000
-
-
withholding
3 779
4 250
-
-
total
3 779
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
5 660
4 250
17 000
850
After tax
79 340
80 750
68 000
84 150
Living cost
7 525
7 525
7 525
7 525
Free-cash
71 815
73 225
60 475
76 625

Estimated living cost  is ₽7525 per week

₽4663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽207
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21429
₽37852
₽31618
₽25221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
3 740
other
-
-
-
4 038
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.

-
-
-
20 400
income
-
-
-
10 796
total
-
-
-
38 974
Employee
33 517
-
67 889
-
health
469
-
951
-
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.

2 346
-
4 753
-
unemployment
335
-
680
-
income
5 770
-
11 686
-
total
8 920
-
18 070
-
Employer
33 517
-
67 889
-
health
469
-
951
-
accident
268
-
543
-
pensions

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

5 699
-
11 543
-
other
1 676
-
3 395
-
unemployment
335
-
680
-
total
8 447
-
17 112
-
Corporate
43 035
85 000
-
-
income
9 037
17 851
-
-
total
9 037
17 851
-
-
Dividends
33 998
67 149
-
-
withholding
2 381
4 700
-
-
total
2 381
4 700
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 785
22 551
35 182
38 974
After tax
56 215
62 449
49 818
46 026
Living cost
24 597
24 597
24 597
24 597
Free-cash
31 618
37 852
25 221
21 429

Estimated living cost  is ₽24597 per week

₽17379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1614
₽2991
-₽12645
-₽7269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
pensions
-
-
-
6 134
income
-
-
-
16 557
total
-
-
-
22 691
Employee
85 874
-
74 947
-
health
1 415
-
1 191
-
pensions
8 285
-
6 973
-
income
15 480
-
13 357
-
total
25 180
-
21 521
-
Employer
85 874
-
74 947
-
health
1 631
-
1 423
-
pensions
10 139
-
8 630
-
total
11 770
-
10 053
-
Corporate
-
85 000
-
-
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.

-
16 149
-
-
total
-
16 149
-
-
Dividends
-
68 851
-
-
withholding
-
5 165
-
-
total
-
5 165
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 950
21 314
31 574
22 691
After tax
48 050
63 686
53 426
62 309
Living cost
60 695
60 695
60 695
60 695
Free-cash
-12 645
2 991
-7 269
1 614

Estimated living cost  is ₽60695 per week

₽45480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽51444
₽60518
₽56213
₽53935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
3 725
pensions

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

-
-
-
4 794
unemployment
-
-
-
130
income
-
-
-
12 750
total
-
-
-
21 399
Employee
16 098
-
78 645
-
health
740
-
1 490
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 413
-
2 844
-
income
1 610
-
7 864
-
total
3 940
-
12 554
-
Employer
16 098
-
78 645
-
health
1 111
-
2 235
-
accident

We are using the highest rate at 1.1%.

177
-
356
-
pensions

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

1 774
-
3 569
-
unemployment
96
-
194
-
total
3 158
-
6 354
-
Corporate
65 743
85 000
-
-
income
6 574
8 500
-
-
total
6 574
8 500
-
-
Dividends
59 169
76 500
-
-
withholding
2 958
3 825
-
-
total
2 958
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
16 630
12 325
18 908
21 399
After tax
68 370
72 675
66 092
63 601
Living cost
12 157
12 157
12 157
12 157
Free-cash
56 213
60 518
53 935
51 444

Estimated living cost  is ₽12157 per week

₽7098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽2902
-₽14004
-₽15568
-₽19185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
10 644
pensions
-
-
-
10 816
income
-
-
-
15 254
total
-
-
-
36 714
Employee
85 585
78 831
78 831
-
health
10 677
10 292
12 100
-
pensions
10 816
10 816
14 189
-
income

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

12 903
12 903
12 903
-
total
34 396
34 011
39 192
-
Employer
85 585
78 831
78 831
-
health
5 947
5 480
5 480
-
pensions
5 956
5 487
5 487
-
unemployment
3 081
2 838
2 838
-
total
14 984
13 805
13 805
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
49 380
47 816
52 997
36 714
After tax
35 620
37 184
32 003
48 286
Living cost
51 188
51 188
51 188
51 188
Free-cash
-15 568
-14 004
-19 185
-2 902

Estimated living cost  is ₽51188 per week

₽37760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18390
₽35513
₽27307
₽20126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
11 475
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
income
-
-
-
7 306
total
-
-
-
43 601
Employee
33 837
-
63 433
-
health
4 568
-
8 563
-
solidarity contribution
-
-
-
-
social contributions
2 199
-
4 123
-
income
4 060
-
7 612
-
total
10 827
-
20 298
-
Employer
33 837
-
63 433
-
health
3 045
-
5 709
-
social contributions
8 459
-
15 858
-
total
11 504
-
21 567
-
Corporate
39 658
85 000
-
-
income
7 535
16 150
-
-
total
7 535
16 150
-
-
Dividends
32 123
68 850
-
-
withholding
4 818
10 328
-
-
total
4 818
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 684
26 478
41 865
43 601
After tax
50 316
58 522
43 135
41 399
Living cost
23 009
23 009
23 009
23 009
Free-cash
27 307
35 513
20 126
18 390

Estimated living cost  is ₽23009 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5210
₽6400
₽1580
₽1164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
regional
-
-
-
925
municipal
-
-
-
505
social contributions
-
-
-
21 862
national
-
-
-
17 546
total
-
-
-
40 838
Employee
82 041
-
85 000
-
regional
774
-
809
-
national
14 216
-
14 962
-
social contributions
27 664
-
28 663
-
municipal
434
-
450
-
total
43 088
-
44 884
-
Employer
82 041
-
85 000
-
total
-
-
-
-
Corporate
2 959
85 000
-
-
nationa
709
20 400
-
-
municipal
116
3 314
-
-
total
825
23 714
-
-
Dividends
2 134
61 286
-
-
withholding
555
15 934
-
-
total
555
15 934
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 468
39 648
44 884
40 838
After tax
40 532
45 352
40 116
44 162
Living cost
38 952
38 952
38 952
38 952
Free-cash
1 580
6 400
1 164
5 210

Estimated living cost  is ₽38952 per week

₽27153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24111
₽33094
₽30221
₽22474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
6 035
other
-
-
-
-
pensions
-
-
-
16 999
unemployment
-
-
-
210
income
-
-
-
15 493
surtax
-
-
-
1 782
total
-
-
-
40 519
Employee
30 527
-
70 218
-
health
780
-
1 790
-
pensions
2 036
-
4 684
-
unemployment
2 125
-
4 887
-
surtax
100
-
1 594
-
income
5 117
-
14 419
-
other
-
-
-
-
total
10 158
-
27 374
-
Employer
30 527
-
70 218
-
health
1 389
-
3 195
-
pensions
4 069
-
9 360
-
other
-
-
-
-
unemployment
967
-
2 227
-
total
6 425
-
14 782
-
Corporate
48 047
85 000
-
-
income
12 492
22 101
-
-
total
12 492
22 101
-
-
Dividends
35 555
62 899
-
-
withholding
5 334
9 435
-
-
total
5 334
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 409
31 536
42 156
40 519
After tax
50 591
53 464
42 844
44 481
Living cost
20 370
20 370
20 370
20 370
Free-cash
30 221
33 094
22 474
24 111

Estimated living cost  is ₽20370 per week

₽12455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽20844
₽22221
₽15081
₽11961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
pensions
-
-
-
6 134
income
-
-
-
16 557
total
-
-
-
22 691
Employee
57 551
-
74 947
-
health
835
-
1 191
-
pensions
4 885
-
6 973
-
income
10 365
-
13 357
-
total
16 085
-
21 521
-
Employer
57 551
-
74 947
-
health
1 093
-
1 423
-
pensions
6 230
-
8 630
-
total
7 323
-
10 053
-
Corporate
20 126
85 000
-
-
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.

3 823
16 149
-
-
total
3 823
16 149
-
-
Dividends
16 303
68 851
-
-
withholding
1 223
5 165
-
-
total
1 223
5 165
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 454
21 314
31 574
22 691
After tax
56 546
63 686
53 426
62 309
Living cost
41 465
41 465
41 465
41 465
Free-cash
15 081
22 221
11 961
20 844

Estimated living cost  is ₽41465 per week

₽31065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3688
-₽36144
-₽11147
-₽8040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
245
city
-
-
-
896
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.

-
-
-
1 699
regional
-
-
-
2 634
pensions
-
-
-
7 820
national
-
-
-
381
total
-
-
-
13 675
Employee
87 785
-
76 080
-
health
198
-
171
-
regional
2 875
-
2 241
-
pensions
7 375
-
6 391
-
unemployment
-
-
-
-
national
416
-
323
-
city
942
-
817
-
total
11 806
-
9 943
-
Employer
87 785
-
76 080
-
health
198
-
171
-
pensions
7 375
-
6 391
-
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.

1 755
-
1 522
-
unemployment
-
-
-
-
total
9 328
-
8 084
-
Corporate
-
85 000
-
-
national
-
7 225
-
-
regional
-
17 977
-
-
total
-
25 202
-
-
Dividends
-
59 798
-
-
withholding
-
20 929
-
-
total
-
20 929
-
-
Income
85 000
85 000
85 000
85 000
Total tax
21 134
46 131
18 027
13 675
After tax
63 866
38 869
66 973
71 325
Living cost
75 013
75 013
75 013
75 013
Free-cash
-11 147
-36 144
-8 040
-3 688

Estimated living cost  is ₽75013 per week

₽48780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11846
-₽162
₽14804
₽19063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
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.

-
-
-
6 306
trade
-
-
-
7 217
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.

-
-
-
904
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.

-
-
-
16 439
total
-
-
-
30 866
Employee

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

55 478
-
85 000
-
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.

6 306
-
6 306
-
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.

359
-
904
-
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.

6 524
-
16 439
-
total
13 189
-
23 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 522
85 000
-
-
trade
5 063
14 577
-
-
chamber of commerce
182
259
-
-
surtax

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

243
701
-
-
income
4 429
12 750
-
-
total
9 917
28 287
-
-
Dividends
19 605
56 714
-
-
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.

251
760
-
-
withholding
4 551
13 827
-
-
total
4 802
14 587
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 908
42 874
23 649
30 866
After tax
57 092
42 126
61 351
54 134
Living cost
42 288
42 288
42 288
42 288
Free-cash
14 804
-162
19 063
11 846

Estimated living cost  is ₽42288 per week

₽30886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
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.
₽7471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17576
₽11256
₽16711
₽17173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 170
other
-
-
-
2 636
pensions
-
-
-
22 553
social contributions
-
-
-
2 421
income
-
-
-
7 061
surtax
-
-
-
-
total
-
-
-
35 841
Employee
39 508
-
64 772
-
pensions
4 467
-
7 326
-
surtax
-
-
-
-
social contributions
1 126
-
1 846
-
income
2 332
-
6 845
-
total
7 925
-
16 017
-
Employer
39 508
-
64 772
-
health
2 766
-
4 534
-
pensions
6 490
-
10 642
-
other
1 363
-
2 235
-
social contributions
119
-
194
-
unemployment
1 599
-
2 622
-
total
12 337
-
20 227
-
Corporate
33 154
85 000
-
-
surtax
-
-
-
-
income
9 283
23 800
-
-
total
9 283
23 800
-
-
Dividends
23 871
61 200
-
-
social contributions
4 106
10 527
-
-
surtax
-
-
-
-
withholding
3 055
7 834
-
-
total
7 161
18 361
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 706
42 161
36 244
35 841
After tax
48 294
42 839
48 756
49 159
Living cost
31 583
31 583
31 583
31 583
Free-cash
16 711
11 256
17 173
17 576

Estimated living cost  is ₽31583 per week

₽19914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20705
₽14385
₽19514
₽20302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 170
other
-
-
-
2 636
pensions
-
-
-
22 553
social contributions
-
-
-
2 421
income
-
-
-
7 061
surtax
-
-
-
-
total
-
-
-
35 841
Employee
35 266
-
64 772
-
pensions
3 989
-
7 326
-
surtax
-
-
-
-
social contributions
1 006
-
1 846
-
income
1 818
-
6 845
-
total
6 813
-
16 017
-
Employer
35 266
-
64 772
-
health
2 468
-
4 534
-
pensions
5 795
-
10 642
-
other
1 217
-
2 235
-
social contributions
105
-
194
-
unemployment
1 428
-
2 622
-
total
11 013
-
20 227
-
Corporate
38 720
85 000
-
-
surtax
-
-
-
-
income
10 842
23 800
-
-
total
10 842
23 800
-
-
Dividends
27 878
61 200
-
-
social contributions
4 796
10 527
-
-
surtax
-
-
-
-
withholding
3 568
7 834
-
-
total
8 364
18 361
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 032
42 161
36 244
35 841
After tax
47 968
42 839
48 756
49 159
Living cost
28 454
28 454
28 454
28 454
Free-cash
19 514
14 385
20 302
20 705

Estimated living cost  is ₽28454 per week

₽16502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35013
₽32285
₽32764
₽35541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
5 933
social contributions
-
-
-
11 730
income
-
-
-
12 750
total
-
-
-
30 413
Employee
31 299
-
85 000
-
health
2 184
-
5 933
-
social contributions
4 320
-
11 730
-
income
5 220
-
12 222
-
total
11 724
-
29 885
-
Employer
31 299
-
85 000
-
total
-
-
-
-
Corporate
53 701
85 000
-
-
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%.

2 685
4 250
-
-
total
2 685
4 250
-
-
Dividends
51 015
80 750
-
-
social contributions
7 040
11 143
-
-
health
3 561
5 636
-
-
withholding
7 652
12 112
-
-
total
18 253
28 891
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 662
33 141
29 885
30 413
After tax
52 338
51 859
55 115
54 587
Living cost
19 574
19 574
19 574
19 574
Free-cash
32 764
32 285
35 541
35 013

Estimated living cost  is ₽19574 per week

₽13100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11111
₽15244
₽13816
-₽5667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
6 503
pensions
-
-
-
15 726
unemployment
-
-
-
5 662
income
-
-
-
12 949
chamber of commerce
-
-
-
340
surtax
-
-
-
182
total
-
-
-
41 362
Employee
46 133
36 788
65 862
-
health
1 785
1 424
2 549
-
pensions
4 725
3 766
6 744
-
unemployment
1 384
1 104
1 976
-
income
5 252
2 714
11 486
-
other
461
368
659
-
total
13 607
9 376
23 414
-
Employer
46 133
36 788
65 862
-
payroll
1 384
1 104
1 976
-
health
1 743
1 391
2 489
-
surtax
182
182
182
-
accident
599
478
857
-
pensions
5 790
4 618
8 265
-
chamber of commerce
184
147
263
-
other
2 191
1 747
3 129
-
unemployment
1 384
1 104
1 976
-
total
13 457
10 771
19 137
-
Corporate
25 410
37 442
62 360
-
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.

6 352
9 360
15 589
-
total
6 352
9 360
15 589
-
Dividends
19 058
28 083
-
-
withholding
5 241
7 722
-
-
total
5 241
7 722
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 657
37 229
58 140
41 362
After tax
46 343
47 771
26 860
43 638
Living cost
32 527
32 527
32 527
32 527
Free-cash
13 816
15 244
-5 667
11 111

Estimated living cost  is ₽32527 per week

₽21694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7156
₽14041
-₽252
-₽85
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
12 865
national
-
-
-
26 992
communal

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

-
-
-
4 329
total
-
-
-
44 186
Employee

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

66 031
-
65 834
-
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.

3 102
-
3 094
-
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.

4 952
-
4 938
-
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.

575
-
573
-
national
20 301
-
20 222
-
communal

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

3 444
-
3 434
-
total
32 374
-
32 261
-
Employer

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

66 031
-
65 834
-
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.

4 061
-
4 048
-
surtax
7 487
-
7 466
-
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.

858
-
857
-
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.

5 851
-
5 833
-
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.

963
-
962
-
total
19 220
-
19 166
-
Corporate
-
85 000
-
-
surtax
-
340
-
-
income
-
16 999
-
-
total
-
17 339
-
-
Dividends
-
67 661
-
-
withholding

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

-
19 962
-
-
total
-
19 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
51 594
37 301
51 427
44 186
After tax
33 406
47 699
33 573
40 814
Living cost
33 658
33 658
33 658
33 658
Free-cash
-252
14 041
-85
7 156

Estimated living cost  is ₽33658 per week

₽21680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2943
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.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11523
₽23950
₽16595
₽12125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
766
other
-
-
-
86
pensions
-
-
-
24 056
unemployment
-
-
-
596
income
-
-
-
14 635
total
-
-
-
40 139
Employee
45 951
-
64 452
-
pensions
2 160
-
3 029
-
unemployment
713
-
999
-
other
46
-
65
-
income
9 695
-
14 895
-
total
12 614
-
18 988
-
Employer
45 951
-
64 452
-
accident
909
-
1 275
-
pensions
10 844
-
15 211
-
other
366
-
517
-
unemployment
2 528
-
3 546
-
total
14 647
-
20 549
-
Corporate
24 403
85 000
-
-
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.

3 661
12 750
-
-
total
3 661
12 750
-
-
Dividends
20 742
72 250
-
-
withholding
4 145
14 962
-
-
total
4 145
14 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 067
27 712
39 537
40 139
After tax
49 933
57 288
45 463
44 861
Living cost
33 338
33 338
33 338
33 338
Free-cash
16 595
23 950
12 125
11 523

Estimated living cost  is ₽33338 per week

₽24550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5942
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽653
₽2075
-₽3868
₽3366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
5 970
accident
-
-
-
716
pensions
-
-
-
12 741
communal
-
-
-
5 373
income
-
-
-
6 472
surtax
-
-
-
4 215
total
-
-
-
35 487
Employee
69 907
-
75 927
-
health
3 111
-
3 379
-
pensions
5 592
-
6 073
-
surtax
4 285
-
4 653
-
income
6 752
-
8 291
-
total
19 740
-
22 396
-
Employer
69 907
-
75 927
-
health
2 132
-
2 316
-
accident
629
-
683
-
pensions
5 592
-
6 073
-
total
8 353
-
9 072
-
Corporate
6 741
85 000
-
-
communal
-
5 737
-
-
surtax
70
892
-
-
income
1 011
12 750
-
-
total
1 081
19 379
-
-
Dividends
5 660
65 622
-
-
income
8 678
3 537
-
-
withholding
850
9 843
-
-
total
9 528
13 380
-
-
Income
85 000
85 000
85 000
85 000
Total tax
38 702
32 759
31 468
35 487
After tax
46 298
52 241
53 532
49 513
Living cost
50 166
50 166
50 166
50 166
Free-cash
-3 868
2 075
3 366
-653

Estimated living cost  is ₽50166 per week

₽37632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23747
₽32730
₽29796
₽22110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
6 035
other
-
-
-
-
pensions
-
-
-
16 999
unemployment
-
-
-
210
income
-
-
-
15 493
surtax
-
-
-
1 782
total
-
-
-
40 519
Employee
31 087
-
70 218
-
health
794
-
1 790
-
pensions
2 074
-
4 684
-
unemployment
2 163
-
4 887
-
surtax
110
-
1 594
-
income
5 212
-
14 419
-
other
-
-
-
-
total
10 353
-
27 374
-
Employer
31 087
-
70 218
-
health
1 414
-
3 195
-
pensions
4 145
-
9 360
-
other
-
-
-
-
unemployment
986
-
2 227
-
total
6 545
-
14 782
-
Corporate
47 368
85 000
-
-
income
12 315
22 101
-
-
total
12 315
22 101
-
-
Dividends
35 053
62 899
-
-
withholding
5 257
9 435
-
-
total
5 257
9 435
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 470
31 536
42 156
40 519
After tax
50 530
53 464
42 844
44 481
Living cost
20 734
20 734
20 734
20 734
Free-cash
29 796
32 730
22 110
23 747

Estimated living cost  is ₽20734 per week

₽12518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18939
₽19810
₽17761
₽14915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
regional
-
-
-
1 281
municipal
-
-
-
505
social contributions
-
-
-
21 862
national
-
-
-
17 546
total
-
-
-
41 194
Employee
51 207
-
85 000
-
regional
689
-
1 143
-
national
8 113
-
14 962
-
social contributions
17 267
-
28 663
-
municipal
272
-
450
-
total
26 341
-
45 218
-
Employer
51 207
-
85 000
-
total
-
-
-
-
Corporate
33 793
85 000
-
-
nationa
8 111
20 400
-
-
municipal
1 680
4 225
-
-
total
9 791
24 625
-
-
Dividends
24 003
60 375
-
-
withholding
6 240
15 698
-
-
total
6 240
15 698
-
-
Income
85 000
85 000
85 000
85 000
Total tax
42 372
40 323
45 218
41 194
After tax
42 628
44 677
39 782
43 806
Living cost
24 867
24 867
24 867
24 867
Free-cash
17 761
19 810
14 915
18 939

Estimated living cost  is ₽24867 per week

₽15465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13045
₽30168
₽20053
₽14781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
11 475
social contributions
-
-
-
24 820
solidarity contribution
-
-
-
-
income
-
-
-
7 306
total
-
-
-
43 601
Employee
41 697
-
63 433
-
health
5 629
-
8 563
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
4 123
-
income
5 004
-
7 612
-
total
13 343
-
20 298
-
Employer
41 697
-
63 433
-
health
3 753
-
5 709
-
social contributions
10 424
-
15 858
-
total
14 177
-
21 567
-
Corporate
29 127
85 000
-
-
income
5 534
16 150
-
-
total
5 534
16 150
-
-
Dividends
23 593
68 850
-
-
withholding
3 539
10 328
-
-
total
3 539
10 328
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 593
26 478
41 865
43 601
After tax
48 407
58 522
43 135
41 399
Living cost
28 354
28 354
28 354
28 354
Free-cash
20 053
30 168
14 781
13 045

Estimated living cost  is ₽28354 per week

₽21086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14369
₽18419
₽17964
-₽2603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
6 503
pensions
-
-
-
15 726
unemployment
-
-
-
5 662
income
-
-
-
12 949
chamber of commerce
-
-
-
340
surtax
-
-
-
-
total
-
-
-
41 180
Employee
40 352
36 788
66 005
-
health
1 561
1 424
2 554
-
pensions
4 132
3 766
6 758
-
unemployment
1 210
1 104
1 980
-
income
3 595
2 714
11 578
-
other
403
368
660
-
total
10 901
9 376
23 530
-
Employer
40 352
36 788
66 005
-
payroll
1 210
1 104
1 980
-
health
1 526
1 391
2 495
-
surtax
-
-
-
-
accident
524
478
858
-
pensions
5 064
4 618
8 284
-
chamber of commerce
161
147
265
-
other
1 916
1 747
3 134
-
unemployment
1 210
1 104
1 980
-
total
11 611
10 589
18 996
-
Corporate
33 035
37 625
62 502
-
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.

8 260
9 405
15 626
-
total
8 260
9 405
15 626
-
Dividends
24 776
28 219
-
-
withholding
6 813
7 760
-
-
total
6 813
7 760
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 585
37 130
58 152
41 180
After tax
47 415
47 870
26 848
43 820
Living cost
29 451
29 451
29 451
29 451
Free-cash
17 964
18 419
-2 603
14 369

Estimated living cost  is ₽29451 per week

₽17667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72424
₽69024
₽66825
₽56274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
85 000
microenterprise

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

-
-
-
850
total
-
-
-
850
Employee
14 658
-
85 000
-
income
2 932
-
17 000
-
total
2 932
-
17 000
-
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%.

70 342
85 000
-
-
total
-
-
-
-
Dividends
70 342
85 000
-
-
withholding
3 517
4 250
-
-
total
3 517
4 250
-
-
Income
85 000
85 000
85 000
85 000
Total tax
6 449
4 250
17 000
850
After tax
78 551
80 750
68 000
84 150
Living cost
11 726
11 726
11 726
11 726
Free-cash
66 825
69 024
56 274
72 424

Estimated living cost  is ₽11726 per week

₽7935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19537
₽33763
₽26043
₽17100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
health
-
-
-
8 365
pensions
-
-
-
15 523
unemployment
-
-
-
128
income
-
-
-
16 687
total
-
-
-
40 703
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.

40 820
-
73 549
-
health
2 636
-
4 751
-
pensions
6 327
-
11 401
-
unemployment
58
-
103
-
income
7 039
-
15 433
-
total
16 060
-
31 688
-
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.

40 820
-
73 549
-
health
2 719
-
4 898
-
pensions
3 612
-
6 510
-
unemployment
25
-
44
-
total
6 356
-
11 452
-
Corporate
37 824
85 000
-
-
income
7 186
16 150
-
-
total
7 186
16 150
-
-
Dividends
30 638
68 850
-
-
withholding
4 595
10 327
-
-
total
4 595
10 327
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 197
26 477
43 140
40 703
After tax
50 803
58 523
41 860
44 297
Living cost
24 760
24 760
24 760
24 760
Free-cash
26 043
33 763
17 100
19 537

Estimated living cost  is ₽24760 per week

₽16992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17052
₽10024
-₽59064
₽30599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
social contributions
-
-
-
9 690
income
-
-
-
16 568
total
-
-
-
26 258
Employee
59 777
-
-
-
social contributions
4 902
-
699
-
income
13 186
-
-
-
total
18 088
-
699
-
Employer
59 777
-
-
-
social contributions
84 286
-
12 012
-
total
84 286
-
12 012
-
Corporate
-
85 000
-
-
income
-
18 700
-
-
total
-
18 700
-
-
Dividends
-
66 300
-
-
income
-
14 586
-
-
total
-
14 586
-
-
Income
85 000
85 000
85 000
85 000
Total tax
102 374
33 286
12 711
26 258
After tax
-17 374
51 714
72 289
58 742
Living cost
41 690
41 690
41 690
41 690
Free-cash
-59 064
10 024
30 599
17 052

Estimated living cost  is ₽41690 per week

₽27050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18843
₽19392
₽18464
₽14828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
social contributions

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

-
-
-
29 537
income
-
-
-
7 665
surtax
-
-
-
-
total
-
-
-
37 202
Employee
42 456
-
68 687
-
surtax
-
-
-
-
social contributions
4 670
-
7 555
-
income
8 831
-
17 349
-
total
13 501
-
24 904
-
Employer
42 456
-
68 687
-
social contributions
10 083
-
16 313
-
total
10 083
-
16 313
-
Corporate
32 460
85 000
-
-
surtax
-
-
-
-
income
6 816
17 851
-
-
total
6 816
17 851
-
-
Dividends
25 644
67 149
-
-
withholding
7 181
18 802
-
-
total
7 181
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
37 581
36 653
41 217
37 202
After tax
47 419
48 347
43 783
47 798
Living cost
28 955
28 955
28 955
28 955
Free-cash
18 464
19 392
14 828
18 843

Estimated living cost  is ₽28955 per week

₽21664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4574
-₽1746
₽4600
₽4171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
1 170
other
-
-
-
2 636
pensions
-
-
-
22 553
social contributions
-
-
-
2 421
income
-
-
-
7 061
surtax
-
-
-
-
total
-
-
-
35 841
Employee
57 817
-
64 772
-
pensions
6 539
-
7 326
-
surtax
-
-
-
-
social contributions
1 647
-
1 846
-
income
5 045
-
6 845
-
total
13 231
-
16 017
-
Employer
57 817
-
64 772
-
health
4 047
-
4 534
-
pensions
9 500
-
10 642
-
other
1 995
-
2 235
-
social contributions
173
-
194
-
unemployment
2 342
-
2 622
-
total
18 057
-
20 227
-
Corporate
9 126
85 000
-
-
surtax
-
-
-
-
income
2 556
23 800
-
-
total
2 556
23 800
-
-
Dividends
6 570
61 200
-
-
social contributions
1 130
10 527
-
-
surtax
-
-
-
-
withholding
841
7 834
-
-
total
1 971
18 361
-
-
Income
85 000
85 000
85 000
85 000
Total tax
35 815
42 161
36 244
35 841
After tax
49 185
42 839
48 756
49 159
Living cost
44 585
44 585
44 585
44 585
Free-cash
4 600
-1 746
4 171
4 574

Estimated living cost  is ₽44585 per week

₽30175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37339
₽48751
₽45651
₽39723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
1 212
social contributions
-
-
-
18 700
total
-
-
-
19 912
Employee
29 677
-
73 592
-
social contributions
1 929
-
4 782
-
income
-
-
1 338
-
total
1 929
-
6 120
-
Employer
29 677
-
73 592
-
social contributions
4 600
-
11 408
-
total
4 600
-
11 408
-
Corporate
50 723
85 000
-
-
income
5 071
8 500
-
-
total
5 071
8 500
-
-
Dividends
45 651
76 500
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
11 600
8 500
17 528
19 912
After tax
73 400
76 500
67 472
65 088
Living cost
27 749
27 749
27 749
27 749
Free-cash
45 651
48 751
39 723
37 339

Estimated living cost  is ₽27749 per week

₽17942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8727
-₽115786
-₽115786
-₽115786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
municipal
-
-
-
15 450
labour market
-
-
-
6 736
national
-
-
-
8 906
pensions
-
-
-
799
total
-
-
-
31 891
Employee
187 327
187 327
187 327
-
pensions
266
266
266
-
labour market
14 965
14 965
14 965
-
national
22 885
22 885
22 885
-
municipal
39 890
39 890
39 890
-
total
78 006
78 006
78 006
-
Employer
187 327
187 327
187 327
-
municipal
39 954
39 954
39 954
-
labour market
14 986
14 986
14 986
-
national
22 925
22 925
22 925
-
pensions
533
533
533
-
total
78 398
78 398
78 398
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 000
85 000
85 000
85 000
Total tax
156 404
156 404
156 404
31 891
After tax
-71 404
-71 404
-71 404
53 109
Living cost
44 382
44 382
44 382
44 382
Free-cash
-115 786
-115 786
-115 786
8 727

Estimated living cost  is ₽44382 per week

₽30376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽683
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37998
-₽13514
₽3756
₽22933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
20 048
total
-
-
-
26 603
Employee
32 089
-
71 679
-
health
3 674
-
8 208
-
pensions
3 613
-
7 180
-
income
4 402
-
12 959
-
total
11 689
-
28 347
-
Employer
32 089
-
71 679
-
accident
536
-
1 197
-
pensions
5 218
-
10 368
-
unemployment
786
-
1 756
-
total
6 540
-
13 321
-
Corporate
46 372
85 000
-
-
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.

41 735
76 500
-
-
total
41 735
76 500
-
-
Dividends
4 637
8 500
-
-
withholding
881
1 615
-
-
total
881
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
60 845
78 115
41 668
26 603
After tax
24 155
6 885
43 332
58 397
Living cost
20 399
20 399
20 399
20 399
Free-cash
3 756
-13 514
22 933
37 998

Estimated living cost  is ₽20399 per week

₽14848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25737
₽21636
₽18871
₽13631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
85 000
health
-
-
-
923
municipal
-
-
-
15 134
national
-
-
-
7 765
total
-
-
-
23 822
Employee
48 567
-
71 508
-
health
363
-
716
-
pensions
3 278
-
4 826
-
unemployment
729
-
1 072
-
national
802
-
4 141
-
municipal
7 955
-
11 681
-
total
13 127
-
22 436
-
Employer
48 567
-
71 508
-
health
373
-
550
-
accident
49
-
72
-
pensions
8 426
-
12 406
-
unemployment
315
-
464
-
total
9 163
-
13 492
-
Corporate
27 269
85 000
-
-
income
5 453
16 999
-
-
total
5 453
16 999
-
-
Dividends

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

16 362
51 000
-
-
national
-
1 745
-
-
municipal
2 945
9 179
-
-
total
2 945
10 924
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 688
27 923
35 928
23 822
After tax
54 312
57 077
49 072
61 178
Living cost
35 441
35 441
35 441
35 441
Free-cash
18 871
21 636
13 631
25 737

Estimated living cost  is ₽35441 per week

₽23150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39924
₽40889
₽35865
₽39837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
2 167
social contributions
-
-
-
13 259
income
-
-
-
8 277
total
-
-
-
23 703
Employee
70 983
70 983
77 168
-
health
550
1 207
1 312
-
social contributions
2 684
5 891
6 405
-
income
7 729
6 571
8 240
-
total
10 963
13 669
15 957
-
Employer
70 983
70 983
77 168
-
health
597
1 314
1 428
-
social contributions
2 684
5 891
6 405
-
total
3 281
7 205
7 833
-
Corporate
49 383
6 812
-
-
income
6 173
851
-
-
total
6 173
851
-
-
Dividends
43 210
5 960
-
-
withholding
7 345
1 013
-
-
total
7 345
1 013
-
-
Income
85 000
85 000
85 000
85 000
Total tax
27 762
22 738
23 790
23 703
After tax
57 238
62 262
61 210
61 297
Living cost
21 373
21 373
21 373
21 373
Free-cash
35 865
40 889
39 837
39 924

Estimated living cost  is ₽21373 per week

₽12809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53097
₽55732
₽51037
₽37796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 000
health
-
-
-
3 341
pensions
-
-
-
5 872
unemployment
-
-
-
26
income
-
-
-
8 008
total
-
-
-
17 247
Employee

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

21 189
-
77 063
-
health
1 801
-
6 550
-
pensions
3 178
-
11 560
-
unemployment
105
-
385
-
income
1 449
-
6 116
-
total
6 533
-
24 611
-
Employer

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

21 189
-
77 063
-
health
911
-
3 314
-
pensions
1 165
-
4 238
-
unemployment
105
-
385
-
total
2 181
-
7 937
-
Corporate
61 630
85 000
-
-
income
5 546
7 650
-
-
total
5 546
7 650
-
-
Dividends
56 084
77 350
-
-
withholding
5 047
6 962
-
-
total
5 047
6 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
19 307
14 612
32 548
17 247
After tax
65 693
70 388
52 452
67 753
Living cost
14 656
14 656
14 656
14 656
Free-cash
51 037
55 732
37 796
53 097

Estimated living cost  is ₽14656 per week

₽9351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19476
₽31903
₽27060
₽20078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
766
other
-
-
-
86
pensions
-
-
-
24 056
unemployment
-
-
-
596
income
-
-
-
14 635
total
-
-
-
40 139
Employee
34 133
-
64 452
-
pensions
1 605
-
3 029
-
unemployment
529
-
999
-
other
33
-
65
-
income
6 581
-
14 895
-
total
8 748
-
18 988
-
Employer
34 133
-
64 452
-
accident
676
-
1 275
-
pensions
8 055
-
15 211
-
other
273
-
517
-
unemployment
1 878
-
3 546
-
total
10 882
-
20 549
-
Corporate
39 985
85 000
-
-
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.

5 998
12 750
-
-
total
5 998
12 750
-
-
Dividends
33 987
72 250
-
-
withholding
6 927
14 962
-
-
total
6 927
14 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 555
27 712
39 537
40 139
After tax
52 445
57 288
45 463
44 861
Living cost
25 385
25 385
25 385
25 385
Free-cash
27 060
31 903
20 078
19 476

Estimated living cost  is ₽25385 per week

₽17134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52567
₽51350
₽51071
₽52447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
894
pensions
-
-
-
1 233
income
-
-
-
28 616
total
-
-
-
30 743
Employee
2 575
-
83 613
-
health
129
-
308
-
pensions
232
-
555
-
unemployment
26
-
62
-
income
498
-
28 551
-
total
885
-
29 476
-
Employer
2 575
-
83 613
-
health
245
-
586
-
pensions
283
-
678
-
unemployment
52
-
123
-
total
580
-
1 387
-
Corporate
81 846
85 000
-
-
income
18 006
18 700
-
-
total
18 006
18 700
-
-
Dividends
63 840
66 300
-
-
withholding
12 768
13 260
-
-
total
12 768
13 260
-
-
Income
85 000
85 000
85 000
85 000
Total tax
32 239
31 960
30 863
30 743
After tax
52 761
53 040
54 137
54 257
Living cost
1 690
1 690
1 690
1 690
Free-cash
51 071
51 350
52 447
52 567

Estimated living cost  is ₽1690 per week

₽1005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28161
₽45473
₽40939
₽28161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
health
-
-
-
7 016
pensions
-
-
-
17 710
unemployment
-
-
-
1 022
income
-
-
-
15 151
total
-
-
-
40 899
Employee

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

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

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

24 036
-
72 807
-
health
1 238
-
3 508
-
pensions
3 365
-
9 536
-
unemployment
180
-
511
-
income
3 313
-
15 151
-
total
8 096
-
28 706
-
Employer

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

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

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

24 036
-
72 807
-
health
1 238
-
3 508
-
pensions
2 884
-
8 174
-
unemployment
180
-
511
-
total
4 302
-
12 193
-
Corporate
56 662
85 000
-
-
income
8 499
12 750
-
-
total
8 499
12 750
-
-
Dividends
48 163
72 250
-
-
withholding
7 224
10 837
-
-
total
7 224
10 837
-
-
Income
85 000
85 000
85 000
85 000
Total tax
28 121
23 587
40 899
40 899
After tax
56 879
61 413
44 101
44 101
Living cost
15 940
15 940
15 940
15 940
Free-cash
40 939
45 473
28 161
28 161

Estimated living cost  is ₽15940 per week

₽10732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22911
₽23460
₽23128
₽18896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
social contributions

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

-
-
-
29 537
income
-
-
-
7 665
surtax
-
-
-
-
total
-
-
-
37 202
Employee
35 828
-
68 687
-
surtax
-
-
-
-
social contributions
3 942
-
7 555
-
income
7 001
-
17 349
-
total
10 943
-
24 904
-
Employer
35 828
-
68 687
-
social contributions
8 508
-
16 313
-
total
8 508
-
16 313
-
Corporate
40 663
85 000
-
-
surtax
-
-
-
-
income
8 540
17 851
-
-
total
8 540
17 851
-
-
Dividends
32 123
67 149
-
-
withholding
8 994
18 802
-
-
total
8 994
18 802
-
-
Income
85 000
85 000
85 000
85 000
Total tax
36 985
36 653
41 217
37 202
After tax
48 015
48 347
43 783
47 798
Living cost
24 887
24 887
24 887
24 887
Free-cash
23 128
23 460
18 896
22 911

Estimated living cost  is ₽24887 per week

₽17627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12419
₽24846
₽17805
₽13021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
accident
-
-
-
766
other
-
-
-
86
pensions
-
-
-
24 056
unemployment
-
-
-
596
income
-
-
-
14 635
total
-
-
-
40 139
Employee
44 582
-
64 452
-
pensions
2 095
-
3 029
-
unemployment
690
-
999
-
other
44
-
65
-
income
9 312
-
14 895
-
total
12 141
-
18 988
-
Employer
44 582
-
64 452
-
accident
883
-
1 275
-
pensions
10 521
-
15 211
-
other
357
-
517
-
unemployment
2 453
-
3 546
-
total
14 214
-
20 549
-
Corporate
26 204
85 000
-
-
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.

3 931
12 750
-
-
total
3 931
12 750
-
-
Dividends
22 273
72 250
-
-
withholding
4 467
14 962
-
-
total
4 467
14 962
-
-
Income
85 000
85 000
85 000
85 000
Total tax
34 753
27 712
39 537
40 139
After tax
50 247
57 288
45 463
44 861
Living cost
32 442
32 442
32 442
32 442
Free-cash
17 805
24 846
13 021
12 419

Estimated living cost  is ₽32442 per week

₽23299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47650
₽56724
₽51075
₽50141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
3 725
pensions

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

-
-
-
4 794
unemployment
-
-
-
130
income
-
-
-
12 750
total
-
-
-
21 399
Employee
21 121
-
78 645
-
health
972
-
1 490
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

1 854
-
2 844
-
income
2 112
-
7 864
-
total
5 170
-
12 554
-
Employer
21 121
-
78 645
-
health
1 457
-
2 235
-
accident

We are using the highest rate at 1.1%.

232
-
356
-
pensions

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

2 327
-
3 569
-
unemployment
127
-
194
-
total
4 143
-
6 354
-
Corporate
59 735
85 000
-
-
income
5 973
8 500
-
-
total
5 973
8 500
-
-
Dividends
53 762
76 500
-
-
withholding
2 688
3 825
-
-
total
2 688
3 825
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 974
12 325
18 908
21 399
After tax
67 026
72 675
66 092
63 601
Living cost
15 951
15 951
15 951
15 951
Free-cash
51 075
56 724
50 141
47 650

Estimated living cost  is ₽15951 per week

₽10550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19674
₽8232
₽20310
₽25712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
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.

-
-
-
6 306
trade
-
-
-
6 038
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.

-
-
-
904
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.

-
-
-
16 439
total
-
-
-
29 687
Employee

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

45 931
-
85 000
-
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.

6 306
-
6 306
-
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.

208
-
904
-
income

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

3 777
-
16 439
-
total
10 291
-
23 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 069
85 000
-
-
trade
5 606
12 198
-
-
chamber of commerce
198
265
-
-
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.

322
701
-
-
income
5 860
12 750
-
-
total
11 986
25 914
-
-
Dividends
27 083
59 088
-
-
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.

354
794
-
-
withholding
6 420
14 421
-
-
total
6 774
15 215
-
-
Income
85 000
85 000
85 000
85 000
Total tax
29 051
41 129
23 649
29 687
After tax
55 949
43 871
61 351
55 313
Living cost
35 639
35 639
35 639
35 639
Free-cash
20 310
8 232
25 712
19 674

Estimated living cost  is ₽35639 per week

₽24585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
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.
₽6702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6268
₽6916
₽8953
₽6268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
income
-
-
-
18 742
social contributions
-
-
-
7 405
total
-
-
-
26 147
Employee
72 208
-
85 000
-
social contributions
5 999
-
7 405
-
income
13 625
-
18 742
-
total
19 624
-
26 147
-
Employer
72 208
-
85 000
-
total
-
-
-
-
Corporate
12 792
85 000
-
-
income
1 599
10 625
-
-
total
1 599
10 625
-
-
Dividends
11 192
74 375
-
-
withholding
2 239
14 874
-
-
total
2 239
14 874
-
-
Income
85 000
85 000
85 000
85 000
Total tax
23 462
25 499
26 147
26 147
After tax
61 538
59 501
58 853
58 853
Living cost
52 585
52 585
52 585
52 585
Free-cash
8 953
6 916
6 268
6 268

Estimated living cost  is ₽52585 per week

₽40006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19638
₽16863
₽21222
₽28804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
income
-
-
-
26 277
health

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

-
-
-
5 576
total
-
-
-
31 853
Employee
42 347
-
80 754
-
social contributions
4 243
-
4 246
-
income
4 595
-
14 195
-
total
8 838
-
18 441
-
Employer
42 347
-
80 754
-
social contributions
4 243
-
4 246
-
total
4 243
-
4 246
-
Corporate
38 410
85 000
-
-
income
13 443
29 751
-
-
total
13 443
29 751
-
-
Dividends
24 967
55 249
-
-
social contributions
3 745
4 877
-
-
total
3 745
4 877
-
-
Income
85 000
85 000
85 000
85 000
Total tax
30 269
34 628
22 687
31 853
After tax
54 731
50 372
62 313
53 147
Living cost
33 509
33 509
33 509
33 509
Free-cash
21 222
16 863
28 804
19 638

Estimated living cost  is ₽33509 per week

₽22073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽28599
₽29976
₽24855
₽19716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
pensions
-
-
-
6 134
income
-
-
-
16 557
total
-
-
-
22 691
Employee
46 272
-
74 947
-
health
604
-
1 191
-
pensions
3 532
-
6 973
-
income
8 426
-
13 357
-
total
12 562
-
21 521
-
Employer
46 272
-
74 947
-
health
879
-
1 423
-
pensions
4 675
-
8 630
-
total
5 554
-
10 053
-
Corporate
33 174
85 000
-
-
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.

6 304
16 149
-
-
total
6 304
16 149
-
-
Dividends
26 870
68 851
-
-
withholding
2 015
5 165
-
-
total
2 015
5 165
-
-
Income
85 000
85 000
85 000
85 000
Total tax
26 435
21 314
31 574
22 691
After tax
58 565
63 686
53 426
62 309
Living cost
33 710
33 710
33 710
33 710
Free-cash
24 855
29 976
19 716
28 599

Estimated living cost  is ₽33710 per week

₽23125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3100
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35979
-₽15533
₽3446
₽20914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 916
income
-
-
-
20 048
total
-
-
-
26 603
Employee
35 265
-
71 679
-
health
4 038
-
8 208
-
pensions
3 971
-
7 180
-
income
4 838
-
12 959
-
total
12 847
-
28 347
-
Employer
35 265
-
71 679
-
accident
589
-
1 197
-
pensions
5 734
-
10 368
-
unemployment
864
-
1 756
-
total
7 187
-
13 321
-
Corporate
42 549
85 000
-
-
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.

38 294
76 500
-
-
total
38 294
76 500
-
-
Dividends
4 255
8 500
-
-
withholding
808
1 615
-
-
total
808
1 615
-
-
Income
85 000
85 000
85 000
85 000
Total tax
59 136
78 115
41 668
26 603
After tax
25 864
6 885
43 332
58 397
Living cost
22 418
22 418
22 418
22 418
Free-cash
3 446
-15 533
20 914
35 979

Estimated living cost  is ₽22418 per week

₽16452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36330
₽59799
₽55317
₽39436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 000
health insurance
-
-
-
6 290
work injury
-
-
-
425
pensions
-
-
-
15 640
unemployment
-
-
-
1 020
income
-
-
-
12 844
total
-
-
-
36 219
Employee

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

19 921
-
85 000
-
pensions
3 665
-
13 562
-
work injury
100
-
369
-
unemployment
239
-
884
-
health insurance
1 474
-
5 454
-
income
1 992
-
12 844
-
total
7 470
-
33 113
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 079
85 000
-
-
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
65 079
85 000
-
-
withholding
9 762
12 750
-
-
total
9 762
12 750
-
-
Income
85 000
85 000
85 000
85 000
Total tax
17 232
12 750
33 113
36 219
After tax
67 768
72 250
51 887
48 781
Living cost
12 451
12 451
12 451
12 451
Free-cash
55 317
59 799
39 436
36 330

Estimated living cost  is ₽12451 per week

₽7713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6619
₽7997
₽3799
₽2732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 000
regional
-
-
-
1 630
municipal
-
-
-
568
social contributions
-
-
-
21 862
national
-
-
-
17 546
total
-
-
-
41 606
Employee
77 788
-
85 000
-
regional
1 174
-
1 362
-
national
13 145
-
14 962
-
social contributions
26 230
-
28 663
-
municipal
464
-
506
-
total
41 013
-
45 493
-
Employer
77 788
-
85 000
-
total
-
-
-
-
Corporate
7 212
85 000
-
-
nationa
1 731
20 400
-
-
municipal
347
4 097
-
-
total
2 078
24 497
-
-
Dividends
5 135
60 503
-
-
withholding
1 335
15 731
-
-
total
1 335
15 731
-
-
Income
85 000
85 000
85 000
85 000
Total tax
44 426
40 228
45 493
41 606
After tax
40 574
44 772
39 507
43 394
Living cost
36 775
36 775
36 775
36 775
Free-cash
3 799
7 997
2 732
6 619

Estimated living cost  is ₽36775 per week

₽25832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2530
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.
₽7857
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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